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5 must-read articles in the evening | Does BTC really consume so much energy?



1. Golden Observation | Does BTC really consume so much energy?

Achieving a sustainable future is an existential issue for humanity. So anyone who accuses governments, companies or technology of undermining our ability to fight climate change should take it seriously. But we should not point fingers at will. If we made the kind of rhetoric we did in the early 2000s, it would have serious consequences, diverting attention away from the real barriers to long-term sustainable development and slowing down the process of overcoming them. Nor is this article exhaustive, nor is it intended to be definitive on the topic. However, as a cryptocurrency proponent and someone deeply concerned about climate change, this article outlines my framework for thinking about the issue of BTC’s energy consumption. click to read

Golden Evening News | List of important news on the evening of November 21: 12:00-21:00 Keywords: Members of Congress, Nvidia, El Salvador, Bitfinex

1. Members of the US Congress asked the Speaker of the House of Representatives to amend the encryption provisions in the infrastructure law;

2. Co-founder of Three Arrows Capital: Both Bitcoin and Ethereum have too much nostalgia for the past;

3. "2020-2021 White Paper on Evaluation of China's Urban Blockchain Development Level" released;

4. World Economic Forum report: CBDC is complex in achieving interoperability;

5. Nvidia CEO Jensen Huang: Metaverse can save companies billions of dollars;

6. El Salvador will issue $1 billion in BTC bonds and use 500 million of them to buy more BTC;

7. IFINEX, the parent company of Bitfinex, announced cooperation with El Salvador to create a regulatory framework for digital assets and securities;

8. Online gift card store GiftChill accepts SHIB as a payment method. [2021/11/22 7:03:09]

2. Xinhua News Agency: The chaos of virtual currency "leek harvester" needs to be rectified urgently

Golden Evening News | List of important news on the evening of July 26: 12:00-21:00 Keywords: Ethereum options, Weibo trending searches, Chainlink, Bitfinex

1. "Bitcoin price breaks through $10,000" is on the Sina Weibo hot search-zce list.

2. initiated the proposal YIP 10: If the vote is passed, YFI will only be used for governance decisions.

3. Northern Data AG, a listed mining company in Germany, filed a defamation lawsuit against Twitter.

4. Data: The open interest of Ethereum options exceeded 250 million US dollars, a five-fold increase in three months.

5. Data: The consumption of Ethereum Gas during the year is approaching the historical high.

6. The Korean banking industry will use Chainlink to integrate foreign exchange data.

7. Shenzhen University has newly added a financial technology major to train students to use blockchain to handle actual business.

8. Data: The open interest of Bitfinex Bitcoin futures has hit a new high in nearly 5 months. [2020/7/26]

One side is "the myth of wealth", and the other side is "cut leeks". Since last year, the skyrocketing price of Bitcoin has driven the madness of the entire currency circle. Some celebrities, including Musk, have even become "carriers" of many virtual currencies. Dogecoin and Shiba Inucoin skyrocketed and plummeted amid Musk's "calling orders". With the rise of currency speculation, investors who lack the ability to discern are becoming the target of hunting. On the one hand, "cottage coins" are popular, and on the other hand, dealers are brutally harvesting. The threat of industry chaos to residents' wealth is increasing day by day. Many people in the industry have appealed that this field urgently needs to be rectified and standardized by relevant departments. click to read

Golden Evening News | Important news on the evening of June 21: 12:00-21:00 Keywords: Bitfinex, Ethereum 2.0, Polkadot, Bakkt

1. The block capacity of Ethereum has increased by 20%, and developers are worried about DoS issues.

2. Bitfinex Chief Technology Officer: Ethereum 2.0 is likely to be the focus of hackers.

3. Data: CME Bitcoin options are growing rapidly with a market share close to 25%.

4. Polkadot Weekly: The main network starts the NPoS network and updates two versions a week.

5. Ma Chenyun, Beijing Internet Court: The logic of the blockchain can form a support for data rights confirmation and data exchange.

6. Blockchain was selected as one of the top ten IT information technologies affecting Chinese accounting practitioners.

7. Data: Bakkt Bitcoin monthly futures trading volume was $53 million this week.

8. IOHK will present a new roadmap for post-Shelley development at its virtual summit next month.

9. Peter Szilagyi, the core developer of Ethereum, opposed raising the gas limit to 12.5 million. [2020/6/21]

3. Ouyi OKEx Observation: What does the Polkadot parachain slot auction mean for DOT and ecology?

On December 23, 2020, Polkadot co-founder Robert officially announced in PolkaWorld that Rococo V1, Polkadot’s dedicated parachain testnet, has been up and running, allowing community parachains to connect to the relay chain through cumulus. On January 12, Bruno Skvorc, a technical education member of the Web3 Foundation, tweeted the document website (Polkadot wiki) about Rococo V1 parachain test registration. Rococo V1 is expected to open parachain test qualification registration in the near future. So, what does the parachain slot auction mean for Polkadot? How can project parties and ordinary users participate in the Polkadot ecosystem? What impact will it have on the future of DOT? click to read

4. Beijing Business Daily: How crazy is the bloody currency contract?

"Playing is heartbeat!" This is the mantra of many contract players in the currency circle. At 12:00 noon on May 17, Bitcoin plummeted again, falling nearly 13% within the day, falling back to $42,282. However, while the market in the currency circle is going down, many altcoins have become popular, especially in the contract market. Recently, a reporter from Beijing Business Daily found that contract trading has become popular in the currency circle. Many currency people no longer pay attention to the long-term rise and fall of Bitcoin, but play the game of "gambling long and short" with dozens or even hundreds of times of leverage . click to read

5. Golden Outpost | The Musk incident triggered retail investors to sell off, and the encryption market fell across the board

Last week, Tesla announced that it would suspend support for Bitcoin as a payment method for its products, causing Bitcoin to fall below the $50,000 mark and casting a shadow over the encryption market. However, things didn't end there. Last night, Musk continued to post various empty remarks on Bitcoin on Twitter, such as "Bitcoin mining is not decentralized", "Bitcoin supporters' accusations make me want to concentrate on Dogecoin", It even suggested that Tesla might sell its Bitcoin position, which directly triggered a plunge in the cryptocurrency market across the board. Click to read


Eight Measures of the Inner Mongolia Autonomous Region to Combat and Punish Virtual Currency "Mining" Behaviors (Draft for Comment)

In accordance with the deployment requirements of the 51st meeting of the Financial Stability and Development Committee of the State Council on cracking down on Bitcoin mining and trading behaviors.

The immeasurable plunge made traders doubt SBF sorted out five possible reasons but admitted frankly: "Unpredictable"

Following the May 19 crash, the crypto market continued to fluctuate and fall yesterday (23). FTX data showed that Bitcoin (BTC) fell by 7.3% in a single day yesterday.

UMA has officially launched Optimistic Oracle

Too long to watch: UMA's Optimistic Oracle is live. Optimistic Oracles can be used to obtain market data and upload all types of data to the chain. It can not only be used for UMA's financial contracts.

5 must-read articles in the evening | Does BTC really consume so much energy?

1. Golden Observation | Does BTC really consume so much energy?Achieving a sustainable future is an existential issue for humanity. So anyone who accuses governments.

Bitcoin energy consumption memorandum: Mining reduces the total carbon emissions of human society and accelerates the realization of carbon neutrality

Recently, the debate about redefining Bitcoin as a waste of energy and causing huge environmental damage has once again attracted attention. Tesla CEO Elon Musk tweeted Wednesday that Tesla has "paused the use of bitc.

You need to know these time nodes for slot auction

Original Title: Slot Auction Time Progress ArrangementSince January this year, Kusama and Polkadot’s parachain slot auctions have attracted much attention. Regardless of the official, the project party.

Should the EU issue a digital euro?

Regarding whether the EU should issue a digital currency, experts from relevant countries delivered a keynote speech at THE EUROPA THINK TANK'S WEBINAR.