However, American politicians seem to have not learned from these lessons learned. The economic stimulus measures adopted this time have prolonged and exacerbated the crisis, and Bitcoin price observationwill cause more harm in the future. In this case, cryptocurrencies headed by Bitcoin may eventually become a hedge, or at least an alternative hedging method, chosen by investors—in other words, for the cryptocurrency market, The Fed's quantitative easing policy may be a shot in the arm.
Edward Garrick shouted in the street to the British captain to let him pay. The captain said that he had already paid, and he would be fine. But the other soldier was very upset about the trouble of a local apprentice who came to the British officer, so there was a quarrel, which evolved into a military-civilian confrontation. More than 50 angry people surrounded the British squad. Only one of the young men calmly warned the British army: if you take care of you, if you shoot, you will be sentenced to a military court. This young man is Henry Knox, a famous general in North America.
Buterin, known as V God, is a developer. As a post-90s, he has always been respected for technology, but he may not be good at community governance. He is an honest boy. This also makes him often criticized by stakeholders for expressing his views directly.
Except for some holders selling at a loss for some reason (which should not happen very often), the only factors that can push prices down are selling and a decrease in demand. Although the USDT price has fallen by more than 5 cents from the target price of $1.00, the 24-hour trading volume has steadily increased, indicating that the following theory may be correct: the trader is clearing USDT, but it exceeds the trading price of 1:1 The range of the ability to exchange proportionally, therefore, only allows USDT to be decoupled from the peg and fluctuate with the market; and due to the large selling volume, the demand decreases, which causes USDT to produce a discount.
But performance/cost is not the only limitation of smart contracts on DApps. EOS has been able to achieve processing power of thousands of tps through the representative system, which is two orders of magnitude higher than the performance of Ethereum 1.0, and the transaction execution cost is borne by the developer, which makes DApps take off the slow and expensive hat. But the EOS mainnet has been online for a year, and there is still no real decentralized application. This makes people wonder, even if Ethereum is upgraded to 0 (it will take about 2 years), will the spring of DApps really come? After repeated thinking, I believe that in addition to performance/cost constraints, DApps also face the second important limitation of smart contract platforms: the absence of decentralized governance. In order to achieve and ensure verifiability, smart contracts exclude application upgrades, making it difficult for applications to repair defects and continue to optimize. Polkadot/Substrate has given Web3 application chain governance capabilities. By removing the two major development bottlenecks of performance and governance, Polkadot/Substrate is expected to trigger the third wave of Web3 applications. For in-depth discussions in this regard, please refer to my book "Unleashing DApp Innovation Potentials across Chains"
Wormhole developers also sBitcoin price observationtated that the Wormhole protocol will be fully compatible with Bitcoin ABC0.12 and will be updated in the next upgrade. In addition, the team also developed a roadmap for the development plan before 2019. After a lot of research, Tropos, an upgraded version of Wormhole, will focus on the development of a protocol-based decentralized transaction system, mobile applications that support Android and iOS, as well as desktop wallet clients and cold wallets. The developers hope to complete the Tropos development task by November 2018. The next version is Ionize, which plans to integrate ERC721 token compatibility and develop a multilingual software development kit (SDK) before January 2019.