Single Bitcoin mining software
By the end of the second quarter of 2020, Uniswap, IDEX, 0x, Kyber, Oasis and Bancor have all achieved strong growth. However, when we analyzed these 6 decentralized exchange DApps in the second quarter of 2020, we found that compared with the second quarter of 2019, the number of traders on these exchanges increased by an average of 50%, which was similar tSingle Bitcoin mining softwareo the first quarter of 2020. In comparison, the number of traders on these exchanges increased by an average of 22%. The decentralized exchange ranks second in contributing to the daily activities of Ethereum, contributing 25% to the total daily activities of Ethereum.
Regarding the core bottleneck problem—throughput increase, ETH has obviously not made any substantial progress. Currently, the number of transactions processed by ETH per day is approximately 1.2 million. Assuming that a user sends a transaction in an average of 3 days, Ethereum can only serve 3.6 million users. The full load of ETH blocks has been going on for a long time, and the long-term state of high miner fees has greatly inhibited the development of applications on the platform. For the smart contract platform that takes the productivity route, it is a great failure. In the past 29 months, the progress of ETH0 has been far lower than expected by the community; and the second-tier expansion solutions, such as Plasma, sidechain, and Raiden network, have not been accepted by the market, and cannot solve the throughput bottleneck problem. In this case, Ethereum, as a productivity platform, can only exist as an asset settlement layer, and is unable to act as a mass infrastructure on a global scale. If in the future, other platforms complete a breakthrough, Ethereum's status as the asset settlement layer will also be shaken.
From figuring out how to handle a large number of so-called dust transactions (contains only a very small amount of Bitcoin output, even less than the transaction fee required for sending transactions) to how to fine-tune the Lightning Network, the atmosphere of ScalingBitcoin this year seems to be more relaxed, and the focus is on development Community.
Vaz said that Bitcoin is facing increasing challenges in payment and is largely used as a speculative tool. He said that in contrast, Libra is a payment network built specifically to scale up. Despite many problems with regulators, Libra may soon become Bitcoin's main competitor.
Looking at the overall trend, since April, the turnover of large spot orders has shown a downward trend, contrary to the upward trend of currency prices. This points to two possibilities. One is that the upward momentum of Bitcoin since April has mainly come from small-value traders, and large-scale investors are waiting for further changes in the price of the currency. The other is that the volume and price behind this increase in currency prices are inconsistent. Contains higher risks.
The trailer for "CRYPTO" has been released this Monday, and YouTube currently has 330,000 views. The well-known movie stars are sitting there, and the exciting plot has made some media very optimistSingle Bitcoin mining softwareic about the movie. The audience is also full of expectations, and some voices believe it. It will be a key step for Bitcoin and cryptocurrency to move toward the public eye.