What environmental impacts will bitcoin mining cause

Bitcoin is still a highly controversial topic at present. The world’s most important cryptocurrency has been one of the biggest disruptors in the financial sector in the past 10 years. However, there are still many concerns about bitcoin, especially the environmental impact of bitcoin mining. The large mining pool supporting the bitcoin network will consume […]

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How can blockchain get out of the existing dilemma

This article is part of coindesk’s 2019 annual review, which collects 100 columns and interviews and introduces the current situation of the blockchain industry. In 2019, the “blockchain revolution” fell into a dilemma. Gartner Group called it “blockchain fatigue” in a recent report. Some industry experts also echoed that many blockchain pilot projects will end […]

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How is the cryptocurrency market performing in 2019

Last week, digital assets fell 3-6% overall, with only a few performing well. Towards the end of the year, the cryptocurrency market slowed down significantly. The price fluctuation of digital assets is small, the trading volume is stagnant, and the news reporting cycle is also slowing down. It feels like December 2018. There are no […]

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What is the relationship between blockchain and bitcoin

With regard to the ambiguous relationship between bitcoin and blockchain, people often say things: ▲ statement 1: bitcoin and blockchain are a parent-child relationship, because the emergence of one creates another; ▲ statement 2: blockchain is an unexpected discovery of bitcoin, which brings unexpected surprises to everyone. What about the fact? As the underlying technology […]

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How serious is bitcoin mining “stealing electricity”

Bitcoin is valuable, and its free price is higher. With the birth and rise of bitcoin, mining fever began to rise. However, with the participation of more and more people, a kind of “stealing electricity” mining behavior began to appear. In recent years, the reported news of stealing electricity and mining has hardly been broken. […]

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Why is the central bank’s digital currency not hyped

Since November, the blockchain has been swiping the screen again, and the discussion on the central bank’s digital currency has been heating up. Some people take it for granted to equate it with blockchain based cryptocurrencies such as bitcoin, believing that they are speculative. But the opposite is true. The 2019 academic annual meeting of […]

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Is there any positive significance of the turmoil in the money market

The US stock market hit a record high, the unemployment rate hit a record low, and the money market cast a shadow over the traditional market, showing economic uncertainty. If you focus on mainstream finance, I’m sure you’ve heard of repo markets, which have been forcing the Federal Reserve to intervene regularly. The Fed has […]

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Is lightning network’s performance in one year a satisfactory answer

In the past year, lightning network has been developing nonstop. Lightning network is an ultra-high speed payment layer on the bitcoin blockchain, which allows users to send and receive bitcoins quickly and at low cost. Ryan gentry, an analyst at cryptocurrency investment firm multicoin capital, said: “Lightning network has its first mobile wallet, held its […]

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