For Ripple, the situation is much more complicated. Ripple did not conduct an ICO. They distributed tokens through airdrops, which may be the first airdroBitcoin mining on OSXp in the circle. Around 2014, all bitcointalk accounts could receive 50,000 XRP. At that time, the coins sent out were about 20% of the total, and the rest were in the hands of the Ripple founding team and Ripple Lab.
From our own perspective, we believe that the Omni layer is important because it is the first protocol that makes Tether possible, but we must consider the needs of cryptocurrency traders. On the one hand, traders usually worry about the sudden increase in bitcoin transaction fees, leading to increased arbitrage transaction costs; on the other hand, because some transactions need to wait for three bitcoin blocks to confirm the transaction, this may mean that the trader will have to be in the market Lost the best trading opportunity on the market.
Address format: Wallets usually only use one address type. If a transaction has all inputs and one output of the same address type (for example, p2pkh), and the remaining outputs are of different types (p2sh), then a reasonable assumption is the same address format The output (p2pkh) is change, while the output of the different address format (p2sh) is the payment belonging to other people.
In terms of expenses, in addition to the transaction costs incurred by the purchase and sale of Bitcoin, the trust’s recurring expenses are expected to be mainly sponsor’s fees. Sponsor fees are paid by the trust to the sponsor as compensation for the services provided under the trust agreement. The sponsor fee will be paid in U.S. dollars and will be deducted from the deposit amount in the cash account every month. The manager will determine the sponsor fee based on 0.90% of the trust's net asset value. This means that WilshirePhoenix intends to reduce hosting fees to 0.9%.
On August 7th, according to data from the block information website Blockchain.com, a huge transfer of 13,376 bitcoins occurred on the bitcoin network at around ten o'clock last night. The one-time transfer from the wallet address 3JL6FwvpGc1rensTJ1bjpP5YtxWUFLpLk8 was marked as bitcoin safe. The wallet address of the storage service company Xapo. Tracing the historical transaction records of the outgoing address reveals that starting from January this year, the wallet address has been transferred to 12,348 bitcoins, and transferred to the wallet address also marked as Xapo in February. The 13,376 bitcoins transferred out this time were transferred in one after another in late February.
When a new blockchain network is launched, it is always disturbing to face multiple blows. EOS encountered some problems before it went online, and it was not entirely related to its own technology. First, hackers took control of Block.one's Zendesk (cusBitcoin mining on OSXtomer service software) account and began to send a large number of phishing emails to confuse users. Although this problem was finally resolved smoothly, the process attracted a lot of criticism.
EOS governance is done through the wallet. If users do not transfer their token custody to the exchange, they will not be able to vote with their tokens on the exchange. Perhaps more importantly, there is no way to prevent exchanges from voting with the tokens of users who do not care about voting.
The whole technology upgrade of BCH is also in an orderly pace. Community developers have raised funds for ecological construction, and the related enthusiasm continues to rise. Bitcoin will probably rise like the past before the halving. You don’t have to expect this round of halving to start a booming bull market. Don’t have such particularly optimistic expectations. In this process, both cryptocurrency professionals and ordinary investors should look at the industry from a long-term perspective and manage risks.