Ethereum 2.0, releasing December 1st

in LeoFinance4 years ago

Ethereum2.0LaunchandRoadmap1080x675.jpg

Ethereum 2.0 Deposit Met: Proof-of-Stake 'Beacon' Chain Starts in 7 Days

Part of the upgrade changes how miners are rewarded and talk of ETH moving from PoW to PoS! Plus, this should help with energy usage to help impacts that the energy consumption of Proof-of-Work has! It will increase the network capacity from roughly 30 transactions per second to over 100 TPS!

paypalbitcoinekapilariniaciyorpaypalbtc741x4861.jpg

Paypal Bought 70% of All Newly Minted Bitcoin Last Month

According to estimates by hedge fund manager Pantera Capital. Along with the efforts from Square, the two are buying roughly 100% of newly mined BTC. This is a more sustainable bull run than in 2017 due to the institutional attracting into the market.

coinbaseoracle.webp

Coinbase Sees Explosion of Capital' From insitutional investors.

In the past 8 months they have seen the assets under their custody increase from $6 Billion to $20 Billion. Brian Armstrong, the CEO, tweets that he warns against regulation from the US Treasury. Although, these are the problems you will have with a place like Coinbase where they have custody of your wallet and therefore your funds, rather than a wallet where you hold your own private keys.

Picture Sources:
ETH

Paypal

Coinbase

Thank you for the inspiration from the latest BitcoinCash news video on youtube for the inspiration to create this blog for you all! Please upvote and share!

Posted Using LeoFinance Beta

Sort:  

Congratulations @localgrower! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://images.hive.blog/60x70/http://hivebuzz.me/@localgrower/upvotes.png?202011290241" /><td>You distributed more than 20000 upvotes. Your next target is to reach 21000 upvotes. <p dir="auto"><sub><em>You can view your badges on <a href="https://hivebuzz.me/@localgrower" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">your board and compare yourself to others in the <a href="https://hivebuzz.me/ranking" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Ranking<br /> <sub><em>If you no longer want to receive notifications, reply to this comment with the word <code>STOP