| Beijing Haidian Government launched a blockchain application pilot; BCH's computing power is less than 3% of BTC's current computing power

芦荟

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2019-07-08 08:55 (UTC+8)

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BCH network may be attacked by 51% at any time?

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BCH network may be attacked by 51% at any time?

headlines

The Beijing News: Haidian District of Beijing took the lead in launching the blockchain technology application pilot

On July 7, the Beijing News published an article "Haidian will build a 24-hour government supermarket". The article pointed out that relying on the advantages of technological innovation, Haidian took the lead in launching the blockchain technology application pilot project in the city. Taking the real estate transaction scene as an example, through the sharing of relevant data on the chain, the staff no longer need to submit Beijing ID card, marriage or divorce certificate, real estate certificate and other materials. On-site verification materials were reduced from 7 to 1, and the verification time was reduced from 15 minutes to 2 minutes, and the work efficiency was improved. Blockchain technology helps examiners verify the authenticity of materials through data comparison, and the risk of performance of duties is also reduced.

Bitinfocharts data shows that Bitcoin Cash recorded the fewest transactions over the past 24 hours, also trailing Bitcoin SV. However, the statistic that gets the most attention is that BCH hash rate (2.059 EH/s) is less than 3% of BTC’s current hash rate (70.716 EH/s). That number is incredibly low for a major network, with Twitter user @WhalePanda claiming that a 51% attack on the BCH network could be possible by an amateur with only “pen and paper.” (AMBCrypto)

digital currency

The first version of the Ethereum 2.0 client Lighthouse is tentatively scheduled for release on July 15

Jake Chervinsky refuted rumors: Bakkt was not launched on July 22, but just started user testing

CME is adjusting the Ethereum related index, or will launch Ethereum futures

Analysis: After Bitcoin is halved, 70% of mines may shut down, and those who persist may still profit

The MakerDAO Foundation launched an executive vote to increase the stability fee rate to 18.5%

According to MakerDAO’s official tweet, the MakerDAO Foundation has launched a new executive vote to increase the stability fee rate by 1% to 18.5%.

Blockchain application

Facebook hires interim key leadership team for Libra

Facebook has hired an interim key leadership team for Libra, including the appointment of Bertrand Perez as interim managing director and chief operating officer. It is reported that Perez is one of the founding team members of PayPal and has worked for PayPal for seven years. At least four managing director positions, including head of product and head of business development, are currently being filled on an interim basis, with hires from PayPal, BitTorrent and other traditional financial institutions. (The block)

Blockchain startup Cailu raises $10 million

Investment and Financing

Blockchain startup Cailu raises $10 million

Cailu, a blockchain media company, has raised $10 million in Series A funding for further development. GBCI Ventures led the round, with participation from Singapore-based hedge fund Orka Capital. (The Block)

global policy

The IRS is expected to update its cryptocurrency guidance in the coming weeks

Singapore Inland Revenue Authority's Draft GST Exemption for Digital Payment Tokens Does Not Cover Stablecoins

Members of Iran's parliamentary economic committee urge government to submit cryptocurrency bill as mining leads to surge in electricity consumption

Taiwan plans to implement STO rules from October

Taiwan plans to implement STO rules starting in October. The funds raised through STOs will not exceed 300 million Taiwan dollars, and individual investors can purchase tokens of up to 300,000 Taiwan dollars. (Regulation Asia)

On July 3, the official website of the Taiwan Financial Supervisory Commission announced that virtual currency will be applicable to the Securities Exchange Act and defines virtual currency. According to the announcement, in accordance with the provisions of Article 6, Paragraph 1 of the Securities Exchange Law, virtual currencies with a security nature are approved as securities under the Securities Exchange Law.

Character·Voice

Deputy Director of the Payment and Settlement Department of the People's Bank of China: Libra must be included in the central bank's regulatory framework

Wang Yongli: It is difficult for Libra to become a super-sovereign world currency

Wang Yongli, former vice president of the Bank of China, published an article "Libra is difficult to become a super-sovereign world currency" on the WeChat public account. Management is very difficult. Second, there are uncertainties in its attractiveness. The third is to face great financial regulatory risks. Fourth, it is difficult to get rid of legal tender and become a real super-sovereign world currency. To sum up, although Libra is linked to a basket of fiat currencies to a certain extent, it dilutes its token nature as a legal currency, but it is still basically a token of legal currency, and it is difficult to become a real super-sovereign world currency.

Economist Xie Guozhong: Wall Street traders are profiting from the East Asian Bitcoin market

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