Apart from LeRoux's criminal status, he is also a very good programmer. As early as 1999, LeRoux presided over the design of the free disk encryption software E4M for Windows. In addition, he may also participate in the development of the open source TrueCrypt disk encryption technoBitcoin price history chartlogy software based on E4M.
The first is that one of the most important characteristics of Bitcoin Cash, which is also a life-or-death characteristic of whether BCH can become an influential currency, is decentralization. The current situation is that Bitcoin Cash has formed a fairly good decentralization situation. Giants such as ABC, Bitmain, nChain, Bitcoin.com compete with each other and check and balance each other. This is also an acceptable decentralization situation. But if BCH is now split, basically two centralized coins will be formed. It is impossible for a centralized currency to become an influential currency.
Ripple announced on Monday that it has established partnerships with 17 universities, including the University of North Carolina, Massachusetts Institute of Technology and the University of Pennsylvania. Through the University Blockchain Research Initiative (UBRI), Ripple will donate US$50 million for the research and development of blockchain, cryptocurrency and digital payments.
The person in charge said that the bigger problem facing the US Securities and Exchange Commission is market manipulation and gray-field activities in Asia and other countries, which are outside the jurisdiction of the United States, but will have a huge impact on Bitcoin prices. Gulbach said that this is an unsolvable problem, and he does not know why this has become a big problem.
Moreover, the quality of furniture made by different people and wine made by different people are also different. How do you calculate the price? If there are 100 kinds of commodities to exchange, there are 4950 inter-commodity exchange rates, and if there are 1,000 kinds of commodities, the exchange rate will reach 499,500. It is almost impossible for anyone to remember clearly. A general equivalent is needed here. It is used to measure the price of all commodities. Then use it as a medium of exchange. This is also the most fundamental demand for money. Currency can greatly improve transaction efficiency.
(Note: Some people think that the creator of the Ethereum smart contract can set it in the contract, and the user who executes the contract can directly deposit the ERC20 tokens they own into the block miner’s account address, and set Bitcoin price history chartthe Gas price to 0. Avoid using ETH to pay commissions. When processing such transactions, miners can check the value of the received ERC20 tokens in advance, and pack them if they are higher than the normal Gas commission. This kind of use of non-ETH assets to pay commissions The situation is the economic abstraction of the Ethereum community (EconomicAbstraction). And economic abstraction will cause the market demand of ETH to continue to decrease, and its market value will correspondingly decrease. When all transactions use this method without paying ETHGas At the time of the fee, the ETH price will return to zero.)