But now everything is turned upside down. We have bottom-up governance. It is impossible for anyone or any group of entities on the network to force anyone else on the network to do anything. I think this is the purest state of anarchy. In this state, everyone can decide for themselves what kind of rules they want to agree to, and what kind of network governance they want. This has brought about some very interestinRaspberry Pi 3 Bitcoin miningg forks, as well as the governance debates that have existed over the years.
JillCarson said that technologies to resist censorship and protect privacy have a long history, such as some special encrypted signals for messaging, or Bittorrent for file sharing, and Tor browser for web browsing. Wait. Bitcoin is actually similar to these tools. When they were born, they were not built for mainstream people, so they don't need to be recognized by everyone to prove their value. Carson pointed out that even from the perspective of the Lightning Network and other new scalability solutions, the current processing speed of the Bitcoin network is not enough to replace legal currency as the basic mainstream currency.
MakderDAO changed its mindset and adopted a mortgage guarantee. In fact, I even feel that MakerDAO was originally designed to support leveraged trading, and stable tokens are just a by-product. Two types of tokens are designed in MakerDAO: one is a stable tokenDAI anchored to the US dollar, and the other is a tokenMKR for platform management.
In 2017, the cryptocurrency bull market triggered a sharp increase in transaction volume, which overwhelmed the Bitcoin and Ethereum networks. Both networks suffer from congestion, transaction delays and high fees. In response to these problems, people have proposed a number of expansion plans, or set their sights on the implementation of the chain and Layer2 again.
According to data provided by etherscan.io, in the past 48 hours, the number of unconfirmed transactions on the entire Ethereum network has fallen sharply after reaching the order of 100,000. Since then, it has stabilized at around 55,000. As of press time, the entire Ethereum network has The number of unconfirmed transactions was 5434, and the network congestion was greatly reduced.
However, those who bought a lot during thRaspberry Pi 3 Bitcoin mininge rally were not well-informed and disciplined investors. An interesting note about the recent surge in search volume: The increase in search volume for the phrase "BTCUSD" is much lower than the increase in search volume for "Bitcoin". The first search may reveal that current holders are checking the value of their portfolio. The second type is more likely to come from those who don't know the Merkel tree on the oak tree.
In addition, some fresh blood has also begun to flow into the Bitcoin market, and the number of traders who invest a small amount of money has also increased. The analysis pointed out that the number of addresses holding a certain percentage of the total Bitcoin supply (the upper limit of Bitcoin supply is 21 million, and 18 million have been mined) has also increased, indicating that new users are slowly entering the Bitcoin market. The report states: