Difficulty of BTG ore pond
Publish: 2021-04-30 06:59:00
1. Lightning bitcoin has not been well known because it is a bifurcated coin of bitcoin. Many users in the coin circle instinctively dislike this kind of token. Fork coin has now become synonymous with money and running. But what you may not know is that all bifurcated bitcoin can be called currency in the eyes of foreign regulators. The US SEC only recognizes bitcoin and Ethereum as currencies because they have not concted ICO in public channels. Accordingly, these bifurcated currencies are regarded as currency. And lightning bitcoin is the only one that doesn't pre dig in the fork coin. You can imagine that bitcoin is 100 banknotes issued by a bank, and all kinds of bifurcated banknotes are equivalent to banknotes of different denominations issued by the bank. You may not be able to understand the valuable value of this. When it comes to the circulation of entities, if you are a bifurcated coin of bitcoin, it is easy to pass the government compliance. In short, the reason why the Grand Prince BCH can get through the physical circulation in Japan so quickly is just the light of bitcoin
then why should I say that lightning bitcoin is a great currency experiment? We compare lightning bitcoin to a free economy with three major stakeholders: developers, miners and holders
so far, no blockchain project can effectively govern the three. Why? The reason is very simple. In an ICO project, the developers, coin holders and even miners are the same group. It's easy to understand. Why should he give the best interests to the ICO holders? This is obviously not in line with human nature. The reason why lightning bitcoin dares to do chain governance is related to the issuing mode of lightning bitcoin. LBTC's "governance on the chain" is another attempt to "decentralize", which is also very eye-catching. Dpos mechanism determines that there are 101 nodes in the network. At the same time, unlike pow, the right of choice is in the hands of the coin holder. These nodes will be elected by the vote of the coin holder. When the node does not act, the user can vote out of the network. According to last week's weekly report, LBTC's block browser has also added this function, which can view the operation of nodes in real time. It also paves the way for LBTC's "chain governance". In the LBTC system, all coin holders can vote to decide whether the project development proposal will go or stay, and all members of the organization can participate in the decision-making and operation of the organization. In addition, the 5000 standard of lockup after the election of the lightning node ensures that the node is both a mine pool and a coin holder. In this way, the relationship among miners, developers and users is well balanced, and the foundation of an autonomous organization is formed.
then why should I say that lightning bitcoin is a great currency experiment? We compare lightning bitcoin to a free economy with three major stakeholders: developers, miners and holders
so far, no blockchain project can effectively govern the three. Why? The reason is very simple. In an ICO project, the developers, coin holders and even miners are the same group. It's easy to understand. Why should he give the best interests to the ICO holders? This is obviously not in line with human nature. The reason why lightning bitcoin dares to do chain governance is related to the issuing mode of lightning bitcoin. LBTC's "governance on the chain" is another attempt to "decentralize", which is also very eye-catching. Dpos mechanism determines that there are 101 nodes in the network. At the same time, unlike pow, the right of choice is in the hands of the coin holder. These nodes will be elected by the vote of the coin holder. When the node does not act, the user can vote out of the network. According to last week's weekly report, LBTC's block browser has also added this function, which can view the operation of nodes in real time. It also paves the way for LBTC's "chain governance". In the LBTC system, all coin holders can vote to decide whether the project development proposal will go or stay, and all members of the organization can participate in the decision-making and operation of the organization. In addition, the 5000 standard of lockup after the election of the lightning node ensures that the node is both a mine pool and a coin holder. In this way, the relationship among miners, developers and users is well balanced, and the foundation of an autonomous organization is formed.
2. For a long time, the hard bifurcations of bitcoin are also a reflection of the divergent attitudes within the digital currency community. This way of rebuilding technical barriers has been questioned. Marek palatinus, the founder of bitcoin, does not look at the prospect of bitcoin gold, saying that it may not be able to achieve the goal of decentralization
in the disagreement, the attitude of the third-party platform is also crucial, which determines whether the holder can exchange bitcoin for bitcoin gold, and will have a profound impact on the market recognition of the latter. At present, more than 20 trading platforms have said that they will support the trading of bitcoin gold after it comes out
after the major exchanges have declared their position on hard bifurcations, coinbase, the largest digital currency exchange in the United States, said that it would still regard the existing bitcoin blockchain as "bitcoin" and call the bifurcated blockchain bitcoin2x (b2x). At the same time, in view of the fact that developers have not yet open source the forked code, the forked blockchain can only be supported by proving its value and security in practice
but the company's attitude changed dramatically. On the 25th, the company turned to clarify the foreword theory, supported the second generation blockchain and regarded it as "real bitcoin". The company also said that it should be neutral to the bifurcation, so that market decisions can ensure the fairness and openness of the bitcoin platform. Many holders said that this change has added to the uncertainty of bitcoin's gold prospects.
in the disagreement, the attitude of the third-party platform is also crucial, which determines whether the holder can exchange bitcoin for bitcoin gold, and will have a profound impact on the market recognition of the latter. At present, more than 20 trading platforms have said that they will support the trading of bitcoin gold after it comes out
after the major exchanges have declared their position on hard bifurcations, coinbase, the largest digital currency exchange in the United States, said that it would still regard the existing bitcoin blockchain as "bitcoin" and call the bifurcated blockchain bitcoin2x (b2x). At the same time, in view of the fact that developers have not yet open source the forked code, the forked blockchain can only be supported by proving its value and security in practice
but the company's attitude changed dramatically. On the 25th, the company turned to clarify the foreword theory, supported the second generation blockchain and regarded it as "real bitcoin". The company also said that it should be neutral to the bifurcation, so that market decisions can ensure the fairness and openness of the bitcoin platform. Many holders said that this change has added to the uncertainty of bitcoin's gold prospects.
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