Author: Blocktoq Team
Chainlink is a hot topic, no wonder its value has been growing recently. But will it take long? There has been speculation about a significant drop in LINK’s prices. Chainlink – basic information The link works on the Ethereum blockchain and is designed to solve the problem of connectivity between smart contracts and real world data sources. It is also compatible with Bitcoin and Hyperledger networks. Smart contracts are decentralized to effectively prevent forgery and attempts to stop them. However, because they only work in blockchain, they are not able to connect and exchange information with real world data sources.…
There are many reasons why Africans are increasingly turning to cryptovalutes. What is the future of payment transactions in Africa? Africa’s problems Africa is struggling with many financial problems, which seem to be growing over the years. Corruption is a problem that Africa has been struggling with for many years. It makes the development of the country much slover and hitting on the poorest people. Another troubling aspect for Africans is the large black labour market, which has benefited from the absence of an official governing body for years. Are the cryptocurrency a solution for this problems? African countries are…
When we think about the value of a single Bitcoin, we think it is really high, which suggests that the Bitcoin market is huge. However, compared to other markets, we can say that it is not that big. The Bitcoin market still has many opportunities to grow The Bitcoin market is relatively small compared to other markets and, in theory, its value is almost equal to that of Warren Buffet’s assets. Compared to the gold market, the value of the cryptocurrency market is not very high, which leaves many opportunities for development. Will the cryptocurrencies manage to get their chance?…
The whole world is waiting for ETH 2.0 and the developers are working hard on this version, but this does not stop them from improving the current ETH version. Gas-Free transactions have been introduced. Ethereum The second most popular cryptocurrency in the world, which is constantly growing and slowly making up for the huge distance between it and Bitcoin. source: coinmarketcap.com Created in 2015 by Vitalik Buterin – Ether, which brings more opportunities than his older brother Bitcoin, if only through the possibility of creating smart contracts. Gas system in Ethereum Smart contracts in Ethereum are very characteristic for this…
Cryptocurrencies have always been controversial. Banks and authorities of some countries have had particular resistance to them, but with time and increasing popularity, their attitude to cryptoverting is changing significantly. How will the global pandemic influence this? Banks hate Cryptocurrencies Bitcoin and other cryptocurrencies are not centrally controlled by the authorities and leave users free to trade them. This makes them not the most popular in some communities. The banks have a really bad attitude to them, fearing the loss of power in the financial world. Greater accessibility and privacy Not all people in the world have access to banks.…
Digging licenses in Iran are highly desirable in the cryptocurrency market. iMiner got one of them and plans to start a really big mining operation. What is iMiner? iMiner is a company registered in Turkey that has been investing and digging Bitcoin for several years. It owns machines with enormous computing power and encourages to invest in cryptocurrency through them. The Turkish company boasts a lot of experience in extracting Bitcoin. It also provides excavator rental services in Turkey, Russia, the United States, Canada and Iran. In Iran, cryptocurrency mining is legal After initially being critical of Bitcoin, Iran allowed…
Bitcoin Halving is very important topic nowadays. It is currently the most hot topic for everyone interested in cryptocurrency. In which countries does it evoke the greatest emotions? Europeans are crazy about Halving Bitcoin Halving is increasingly being googled around the world. No wonder, this groundbreaking event can significantly increase the value of Bitcoin. The most interested in the topic turned out to be the inhabitants of 5 European countries, who like crazy googlings of this phrase. TOP 5 of the 5 go-growing countries “Bitcoin Halving” Fifth place in the data provided by Google Trends belongs to Austria. This country…
The value of all cryptocurrencies is constantly changing. Whether it’s Bitcoins or Ethereum, we can observe the constant ups and downs of their prices. Recently, the value of both currencies has increased. Therefore, analysts warn that soon Ethereum’s prices may fall sharply. The high increase in the value Recently, the value of Ether reached 225 dollars. This is 150% more than the March drop in value of this currency. However, experts warn that the current high prices will not last long and we will see the ETH value fall again in the near future. This is the assumption made by…
Bitcoins available on the market have a total value of less than 165 billion dollars. Warren Buffett has assets worth 137 billion dollars. Does that mean that if he wanted to, he could buy almost all available BTC? The total value of Bitcoins The BTC market in the world is relatively young, which makes it quite small. Currently, the total value of Bitcoins on the market is about 164.5 billion dollars. Theoretically, Warren Buffett is a hair short from being able to buy all available Bitcoins, which you can read on tweet by Pomp – Anthony Pompiano, an American investor…
During an interview for Cointelegraph, John McAfee said he is 99% sure he know who the real Satoshi Nakamoto is. Has the secret really been unraveled? The huge secret The figure of the legendary bitcoin creator Satoshi Nakamoto is a mystery for years. Who exactly is he and where does he come from? Many people around the world keep asking this questions. The search and speculation are endless. In this interview John McAfee stated that he is 99% sure that he knows Satoshi Nakamoto’s identity. The clues are hidden in Bitcoin Whitepaper McAfee claims that many clues to the identity…