Reflection connects any two or more aspects of reality, establishing a two-way feedback loop betweBitcoin price USD liveen them. In this way, the behavior produced by each reality (objective and subjective) will affect the perception of investors and therefore the price. Soros cited the 2008 global financial crisis as an example of this theory.
Bitcoin has not been able to seriously solve the problem of on-chain expansion. Its community is gradually alienating, marginalizing and eliminating different voices, especially Mike Hearn, Gavin Andresen, and Jeff Garzik. Its Core development team has been captured by an ideological faction, and they are committed to off-chain expansion in the name of decentralization. This faction broke the consensus agreement and destroyed their own reputation.
The initial block reward for Bitcoin is 50 Bitcoins. This reward amount lasts from the creation block to the first halving, which is the 4-year halving mentioned above. According to this halving cycle, it will continue until the smallest divisible unit of Bitcoin is 1 satoshi (1BTC=1 billion satoshis). After that, Bitcoin cannot be divided, so it cannot be halved, and all Bitcoins are mined. When was all dug out, please find the answer in the number 2140 below.
Tendermint follows the traditional consensus consensus algorithm, and each verifier must communicate. Considering the communication overhead, Tendermint cannot increase the number of validators indefinitely like Bitcoin or Ethereum. The Tendermint consensus arranges 100 validators.
In the announcements before and after the BCH fork, the C-type exchange did not clearly indicate which party will support the deposit and withdrawal of BCHABC or BCHSV in the future, and this type of exchange has a wait-and-see attitude throughout the fork. Their announcements often Only the snapshot time, deposit and withdrawal suspension time, risk warnings, and bystander positions following developments will be mentioned. Type C exchanges can announce the deposit and withdrawal and trading of the two currencies after the chain fork becomes stable, so it naturally has a tendency to change to other types of exchanges.
The market concentration of Bitmex exacerbated the sell-off on March 12 to a certain extent, exposing the huge impact that a market leader may have when market conditions decline. Later, if the market share of smaller exchanges sBitcoin price USD liveuch as Deribit and FTX grows, the impact of Black Thursday may break the concentration of the Bitcoin derivatives market.