Golden Morning Post | The average computing power of ETH yesterday exceeded 591.09 TH/s, setting a record high

Headline

The average computing power of ETH yesterday exceeded 591.09 TH/s, setting a record high

According to OKlink data, as of May 14, the average computing power of ETH reached 591.09 TH/s, setting a record high again.

Market

As of press time, according to Huobi global data:

The latest transaction price of BTC is 47,000 US dollars, with an intraday increase and decrease of -3.30%;

The latest transaction price of ETH is 3644.08 US dollars, with an intraday increase and decrease of -5.83%;

The latest transaction price of BCH is 1167.04 US dollars, with an intraday increase and decrease of -5.90%;

BSV’s recent transaction price was $309.33, with an intraday change of -5.80%;

The most recent transaction price of EOS is 10.28 US dollars, with an intraday increase and decrease of -8.59%;

Golden Evening News｜A list of important news on the evening of July 24: 12:00-21:00 Keywords: Ethereum options, Poland, Ali, Czech National Bank, Tencent blockchain patents

1. Deribit Ethereum options trading volume and open interest both hit new highs.

2. The Polish Financial Supervisory Authority is considering regulating cryptocurrencies and is currently seeking market feedback.

3. Ali Pingtouge launched the first commercial chip solution for blockchain scenarios.

4. More than 1,000 Twitter employees have internal access to help hackers break into accounts.

5. Tencent's blockchain patent application ranks first.

6. The Cardano Foundation partners with Swiss fintech company Lykke.

7. Swiss digital asset broker Bitcoin Suisse completed round A financing of approximately US$48 million.

8. Czech National Bank: The central bank's digital currency can "helicopter money" and currently does not issue CBDC.

9. Learning Times: Under the background of Sino-US trade friction, digital currency may become a new dimension of competition between the two countries. [2020/7/24]

The latest transaction price of LTC is 298.12 US dollars, with an intraday increase and decrease of -4.18%;

Jinse Finance mining data broadcast | BSV’s network computing power rose by 5.22% today: Jinse Finance reported that according to the data of the spider mining pool:

The computing power of the entire ETH network is 176.226TH/s, the mining difficulty is 2232.10T, the current block height is 9925609, and the theoretical income is 0.00808270/100MH/day.

The computing power of the BTC network is 109.990EH/s, the mining difficulty is 15.96T, the current block height is 627219, and the theoretical income is 0.00001575/T/day.

The BSV network computing power is 1.430EH/s, the mining difficulty is 0.22T, the current block height is 631785, and the theoretical income is 0.00062922/T/day.

The computing power of the BCH network is 1.798EH/s, the mining difficulty is 0.25T, the current block height is 632007, and the theoretical income is 0.00050055/T/day. [2020/4/23]

DOT's recent transaction price was $43.1869, with an intraday change of -8.44%.

Golden Relativity | Peng Zhiyong, a security researcher at 360: The biggest problem in the security level of blockchain games is that the programming of blockchain projects is different from the characteristics of traditional software programming: Content partner Tong Yang asked "What is the biggest difficulty in implementing blockchain games at the security level?" Dr. Peng Zhining, a security researcher at 360 Core Security Division, said that the biggest security problem with blockchain games is the blockchain Some features of the programming model of the chain project itself are different from those of traditional software programming. In the traditional security model, a protocol, an event, occurs sequentially. In the blockchain, because of the possibility of rollback and fork, many originally safe solutions and protocols cannot be directly used on the blockchain.

Another point is that the blockchain is due to its decentralized nature. Therefore, there may be certain defects in performance. At this time, some solutions may ignore security to a certain extent for a better experience, which may cause problems. [2018/12/3]

Policies

Analysis| Golden disk: BTC/USD short-term sharp drop: Golden disk comprehensive analysis: BTC/USD has dived in the past 15 minutes, and instantly dropped to the support level of 6,200 US dollars. The current panic is not over yet, but the price is close to the bottom of the box. The short-term bears are exhausted, so pay close attention to the strength of the bulls' counterattack. [2018/8/21]

Iranian Council of Commerce, Industry, Mines, Agriculture and Macroeconomics (ICCIMA) Meeting Discusses Cryptocurrencies

The Iranian Chamber of Commerce, Industry, Mining and Agriculture Macroeconomic Committee (ICCIMA) chaired a meeting on Saturday to discuss issues related to cryptocurrency exchanges in the country. Participants emphasized the need to adopt authoritative laws and regulations in this field as the first and most important factor in creating the necessary foundation for the development of the sector. Farzin Fardis, a member of ICCIMA’s knowledge-based business committee, mentioned some of the challenges and problems currently faced by people active-zce in this field, he said: “The biggest concern of people and businesses in the cryptocurrency field is the uncertainty of legal issues, and the sharp fluctuations in value. , lack of security and fraud, lack of transparent support and religious considerations.” He stressed that the technical legal structure of the cryptocurrency market should be reformed under the supervision of the Central Bank of Iran (CBI).

Indian Cryptocurrency Traders Receive Notifications From Banks to Close Accounts

Currently, Indian cryptocurrency exchanges are struggling to keep fiat inflows as banks are halting transfers to cryptocurrency-related accounts, according to members of the Indian cryptocurrency community. Additionally, cryptocurrency traders have received notifications from their banks asking about transactions related to cryptocurrencies and warning that their accounts may be closed. Earlier news, these banks have asked the National Payments Corporation of India (NPCI) to block transactions related to cryptocurrencies, but the agency rejected this request, however, customers of cryptocurrency exchanges still have problems when transferring funds with banks.

Blockchain Application

Bequia Island will create a Bitcoin community where residents will pay for property, goods and services entirely in cryptocurrencies

A Caribbean housing developer is creating the world's first Bitcoin community on the island of Bequia, where residents will pay for property, goods and services entirely in cryptocurrencies.

U.S. Blockchain Firm Launches 'Home Watchman System' Aims to Solve Environmental Issues

On May 15, Jaguar chain, an American environmental blockchain company, held a meeting in Los Angeles, USA. At the meeting, Jaguar chain announced its recent research results and launched an environmental solution Home Protector System based on blockchain technology. , Using blockchain technology to solve environmental monitoring problems, it is a comprehensive system aimed at promoting the development of global environmental protection, reducing environmental pollution, managing energy, and monitoring emissions.

Cryptocurrency

Bitcoin Supporters Crowdfund Documentary to Refute Bitcoin's Negative Impact on the Environment

According to Cointelegraph, as news about Bitcoin's disastrous impact on the environment continues to emerge, a group of investors and supporters defended Bitcoin through a crowdfunding documentary. Podcast host and Bitcoin fanatic Brad Mills first announced on Twitter that the documentary aims to provide a "conclusive" argument for "why Bitcoin will move the world to renewable energy faster than governments." So far, the community has responded enthusiastically, raising 0.5 BTC within 48 hours.

Data: The 7-day average outflow of the LINK exchange hit an eight-month high

LINK exchange outflows (7-day moving average) just reached an eight-month high of 113,615.134 LINK, according to Glassnode data.

Plan B: Bitcoin could rise 5x in six months

Recently, the well-known Bitcoin analyst PlanB said on Twitter that even with negative news such as the Turkish ban, US tax FUD, and Musk’s FUD on energy consumption, it will not change the course of the Bitcoin bull market at all. The current Bitcoin bull market appears to be following in the footsteps of the 2013 boom cycle, when BTC surged 10-fold in just a few months. Both the S2FX model and on-chain data suggest that we are only halfway to a bull run. In the next 6 months, it wouldn't be surprising if Bitcoin could go up 5 times more.

Key Economic Developments

China Youth Daily client Beijing Aerospace City (China Youth Daily·China Youth Net reporter Qiu Chenhui) reporter learned from the National Space Administration that the scientific research team confirmed the telemetry signal sent back by the "Zhurong" Mars rover. On May 15, Tianwen-1 The landing rover successfully landed in the pre-selected landing area in the southern part of the Utopia Plain on Mars. my country's first Mars exploration mission landed on Mars with a complete success.

Golden Encyclopedia

What is a multi-signature private key?

Multi Signature (Multi Signature) refers to the need for multiple keys to authorize a Bitcoin transaction, which is usually used to define the ownership of Bitcoin. In a traditional Bitcoin account, each address in your Bitcoin address has a corresponding private key, which can be called a "single-signature transaction" because only one signature is required for the transfer - from the private key associated with the Bitcoin address the owner.

Therefore, if an address can only be signed and paid by one private key, the form of expression is 1/1; while the form of multi-signature is m/n, that is to say, a total of n private keys can sign an account, and when m When an address signs, a transaction can be paid for. Therefore, m must be less than or equal to n.

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