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Strategies & Market Trends : Blockchain and Cryptocurrencies -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (978)10/3/2018 11:05:18 PM
From: Graystone  Respond to of 7698
 
Useful blockchains
or
Total scams

There are a lot of good blockchains doing a lot of cool things with public ledgers. Wager sounds like a good idea, blockchains work well in those type of trust transactions. Bitcoin is a POW cryptocurrency, not POS. As such miners are required to make the blockchain functional. In the last crypto run-up in the summer the cost of a BTC transaction went way up, it was stupid. The bitcoin blockchain continues to gather power even through the price slump.

cryptoslate.com

Despite Bitcoin’s 2018 price slump, the dominant cryptocurrency’s hash rate continues to surge at an astonishing pace. Although the value of Bitcoin has decreased by 53% since January 1st, 2018, the hash rate has increased 155% in the same time period.