The Copernicus team of Bitmain was established in October 2017 and is mainly responsible for redesigning the BCH client. When Copernicus was founded, there were only 6 people. Later, Bitmain expanded to more than 30 people. At the end of 2018, Bitcoin plummeted from US$6,300 to around US$3,100. The cryptocurrency market was plunged into a cold winter, and the sales of mining machines almost stagnated. The revenue pillar on which Bitmain relied for survival suffered a heavy blow. According to media sources, on Christmas Eve in 2018, the entire Copernicus team was abolished by Bitmain. Later, there were media rBitcoin debit cardeports that the Copernicus team had restarted its business. What is the status of the Copernicus team? On the evening of April 18th, Jiang Jiazhi, the former project leader of the Copernicus team, visited the BCHAngel community and was interviewed by Wang Hongli, the leader of the BCH community, to share his insights on the decentralized exchange (DEX) and the team's future vision.
Ben Horowitz is also full of confidence in the revolutionary potential of cryptocurrency. He believes that "it is very likely that most of the things we need will eventually be encrypted. Then we have to reconsider the social organization structure." But first, his female partner Some successful investment cases have to be paid in this field.
Block.one is actively seeking to improve this through better DB, faster WASM execution, more effective network communication, and multi-threaded signature verification. But in the end, only multi-chain and cross-chain communication can be expanded enough to meaningfully reduce CPU costs.
In October 2013, Ross Ulbricht, recognized as the founder of the dark web "Silk Road", was arrested in a library near the Monterey Avenue block by the FBI, the National Security Bureau, and the Drug Enforcement Administration. On the second day of Ross’s arrest, the Silk Road server was shut down by the U.S. Security Agency, and the web page was changed to the words that the website had been blocked by the FBI; this incident marked the end of this free empire that evolved into an international violence machine, but The wave of Ross in the crypto world has never subsided.
NickSzabo: Of course. There may be some utopian ideas in this, which need more time to realize, but they may never come true. However, smart contracts have great application potential in financial contracts and other contracts with clear structures. In addition, two-layer protocols such as the Lightning Network also require smart contracts to achieve faster and more efficient off-chain transactions.
In addition, SEC Chairman Jay Clayton has always been skeptical of the concept of cryptocurrency ETFs, which is a well-known thing in the cryptocurrency field. He has previously staBitcoin debit cardted that cryptocurrency ETFs may cause fraud because the cryptocurrency market is largely unregulated.
The market price of DAI is higher than $1: At this time, the rate of change of the target price will be reduced, so that the target price will drop, and the mortgage debt ratio of CDP will increase. For example, if you mortgage 100 ETH, you may get 80 DAI. In this way, the supply of DAI will be increased. the amount. On the other hand, due to the decline in the target price of DAI, purchase demand will also decrease accordingly. Increased supply and decreased demand will cause the market price of DAI to fall, approaching the target price.