Blockchain 101 Ep 61 – Why does #Bitcoin need to scale?

Bitcoin’s current block size limit is 1MB and processes about 7 transactions per second. With the constant increase in Bitcoin’s trading volume, the Bitcoin Network finds it difficult to process transaction records fast, resulting in network congestion. The Bitcoin Blockchain receives thousands of transactions on the Blockchain, leading to an increase in transaction fees as […]

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Blockchain 101 Ep 38 – Why use #Bitcoin wallets?

Bitcoin is a peer-to-peer electronic cash system that is entirely virtual and can be stored in a Bitcoin wallet. A bitcoin wallet stores the information of your Bitcoin, such as the Bitcoin address (like your bank account number), and your private key (like the pin code for your ATM card). Like how our physical wallets […]

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#Blockchain 101 Ep 11 – Why haven’t we finished mining #Bitcoins!

For sustainability, the Bitcoin network adjusts its mining difficulty. Every 10 minutes, miners compete to solve a complex math problem to create the next block for Bitcoin rewards. If the processing power of the Bitcoin network keeps increasing, we will finish mining all Bitcoins in no time. To maintain the rate of new block generation […]

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Capital stopped flowing into Wall Street. Why did Wall Street begin to abandon the Grayscale Bitcoin Trust?

There are reasons why Grayscale Bitcoin Trust (GBTC) has become a benchmark for measuring institutions’ interest in Bitcoin. 1 Grayscale is no longer the only choice for investors Grayscale Bitcoin Trust is one of the few products that provides a way for hedge funds, endowment funds, pension funds and family offices to invest in Bitcoin […]

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The annual trading volume is less than Binance’s daily trading volume. Why has BC Technology been able to increase its revenue for three consecutive years?

Author | Liu Xia Editor and Reviewer | Zhaosheng Typesetting | Warmth On June 2, BC Technology Group issued an announcement announcing that it has reached a partnership with Standard Chartered Ventures (SC Ventures) to establish a joint venture company and cooperate to establish a digital asset broker and trading platform to serve institutional and […]

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Why does this resident dare to bet that the price of Ethereum will eventually exceed $150,000?

Written by: Li Ke The Twitter account @SquishChaos recently gained a reputation for boldly predicting that the price of Ethereum token ETH is expected to exceed $150,000 with the help of this bull market. In fact, @SquishChaos’s real identity is a resident doctor named “Nikhil Shamapant” who graduated from Icahn School of Medicine at Mount […]

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