Dorsey stated on the JoeRogan Experience podcast, which has more than 4.4 million subscribers, that he firmly believes that the Internet is developing towards a local currencyHistorical Bitcoin price chart. For the CEO of Twitter and Square, Bitcoin, the top-ranked cryptocurrency by market capitalization, seems best suited for this role.
EOSSW/Eden’s VahidToosi believes that the current voting tug-of-war is the beginning. The big dealers are waiting outside the field. They want to see the direction of other dealers before deciding how to vote in order to change their decisions at any time. Valid predicts that only after the number of tokens participating in the vote crosses a psychological threshold-40 million EOS tokens, there will be a large influx of votes.
On September 18, CITIC International Asset Management Co., Ltd. and Galaxy Digital Asset Management Co., Ltd. signed an agreement to enter the field of digital asset management with the aid of its issued asset token WIT (WealthInToken) and its management and control system. WIT is exchanged with Galaxy Asset Management The time-anchored legal currency is offshore renminbi (CNH), which is redeemed at 1:1.
Fidelity Investments is a large-scale company with a 72-year history, with up to 7 billion US dollars in investor funds under management. Although Fidelity has taken the lead in the traditional retail industry, it is still very interested in emerging technologies such as cryptocurrency and blockchain.
To add, open finance cannot be a completely decentralized finance. It must be compatible with the existing financial system, such as the legal system, the issuance of securities, and the registration system. Centralized exchanges are indispensable for the rise of the currency industry. If fiat currency and Bitcoin cannot be exchanged, the current market value of Bitcoin may not reach 100 million US dollars.
Mt.Gox creditors issued the announcement of "Mt.Gox Civil Restoration Procedure Initiation", which heralds the victory of these creditors. They have always had doubts about whether they can finally get compensation. The Tokyo District Court ordered the execution of civil rehabilitation procedures (civil rehHistorical Bitcoin price chartabilitation). Therefore, the huge amount of assets allocated to Mt.Gox shareholders through the bankruptcy process will be returned to creditors.
JackMallers is the developer of Zap, which is a wallet solution based on the Lightning Network. The Lightning Network developer recently returned, where he promoted his service and discussed Bitcoin, Lightning Network, and what the future might look like.
Based on the historical performance of Bitcoin and the stock-to-flow analysis model created by PlanB, PanteraCapital CEO Dan Morehead believes that the price of Bitcoin may reach $11,000 by mid-2021.
Second, governance consensus reflects the process by which people (including the owners or controllers of network nodes) formulate or modify algorithm rules, with the goal of group members developing and agreeing to a certain decision that is most beneficial to the group. The elements of governance consensus include: different interest groups; certain governance structure and rules of procedure; reconciliation and compromise between conflicting interests or opinions; group decision-making with universal constraints on members. The discussion of expansion and forks in the Bitcoin community can be understood under the framework of governance consensus. Many blockchain projects adopt a decentralized and open source community structure. How to design a sustainable, open and inclusive governance consensus mechanism has become an important research topic.