为广大币圈朋友提供币圈基础入门专业知识!
当前位置首页 > 区块链知识> 正文

base区块链是真的吗,bch区块链

发布时间:2023-12-19-11:13:00 来源:网络 区块链知识 区块   basecoin

base区块链是真的吗,bch区块链

base区块链是真的吗?答案是肯定的,base是一个基于区块链技术的去中心化的分布式数据库,它可以让用户通过验证和记录来实现安全的交易。在base区块链上,每个交易都需要被确认,确认后才能被记录到区块链中,从而保证交易的安全性。

本文将介绍base区块链技术的三个相关关键词:区块链,BCH区块链和去中心化。

区块链:

区块链是一种分布式数据库技术,它可以让用户通过验证和记录来实现安全的交易。区块链的构成是由一系列区块组成的,每个区块都包含了一定数量的交易数据,并且还包含一个指向前一个区块的指针。区块链的优势在于它能够在不依赖于第三方的情况下实现安全的交易。

BCH区块链:

BCH区块链是比特币现金(BCH)的区块链。它是一个去中心化的分布式数据库,可以让用户安全地进行跨境支付和交易。BCH区块链比比特币(BTC)的区块链更容易使用,更快,更安全,更稳定,更易于扩展。BCH区块链的技术是基于比特币的,但它更加灵活,更容易扩展,可以更快地处理更多的交易。

去中心化:

去中心化是一种技术,它可以让用户在不依赖中央服务器的情况下安全地进行交易。去中心化的技术可以让用户控制自己的数据,并且不受第三方的影响。去中心化的技术可以让用户实现更高的安全性和隐私性,因为数据不会被集中存储,而是分散存储在网络中的多台计算机上。

从以上内容可以看出,base区块链是真实存在的,基于区块链技术,BCH区块链和去中心化技术可以让用户实现安全的交易,同时保护用户的隐私。


请查看相关英文文档

❶ Is the coinbase wallet safe? What are the special features of the coinbase wallet?


How safe is the coinbase wallet? I believe that friends who use the coinbase wallet will have such problems. Is this wallet safe? What special functions does this wallet have? Let’s take a look with the editor. I hope this article can help you.
Is the coinbase wallet safe?
The Coinbase wallet is very safe. The Coinbase wallet is widely loved by investors because of its better security and encryption. Coinbase is the world's largest digital currency wallet. It is based in San Francisco but provides support for cryptocurrency asset storage in over 190 countries. It also supports trading in 32 different fiat currencies. This wallet has become popular especially due to the large number of cryptocurrencies that can be stored on its platform.
Coinbase Wallet, CoinbaseWallet is derived from Toshi Wallet. CoinbaseWallet is redefining the crypto wallet that users expect. This is more than just a tool to access cryptocurrencies, you can think of it as a foothold for exploring decentralized networks. With CoinbaseWallet, you can: Manage ETH and all your ECR-20 currencies (soon to support BTC, BCH and LTC); Receive airdrops and ICO currencies; Buy and store cryptocurrencies (not fungible, but available in-game use these currencies, or trade on the market); can trade currencies with anyone, anywhere without fees; buy and sell currencies through mass decentralized exchanges or agents; can access any third-party dapps, and can be verified by Perform services or complete tasks to lend or lend money to others in the blockchain to earn cryptocurrency and more.
Full text introduction Talking about the hard fork in the early morning of November 16, 2018, everyone in the currency circle should know it. At that time, because the two development teams of BCH could not reach an agreement on the deployment update of BCH, it was originally caused by After BTC forked, BCH had to fork again. This fork was highly anticipated and lasted for more than a week. It finally ended with SV admitting defeat
Coinbase Wallet has become the preferred platform for crypto entrepreneurs to build mobile applications. , the platform can be accessed directly via a crypto wallet or browser – many of its visitors are also its investors.
CoinbaseWallet is part of the team’s efforts to popularize cryptocurrencies and dapps globally. The team will continue to build the most secure and easy-to-use crypto wallet in the field.
coinbase wallet features
1. Send and request Bitcoin, Ethereum and Litecoin
2. Use Bitcoin price alerts to track the prices of BTC, ETH and LTC
3. View all at a glanceAccount's balance, transaction history and transaction details
4. Send BTC, ETH and LTC via email, QR code
5. Bank-level security means your BTC, ETH and LTC are safe
6. Set a password to protect the app
7. Remotely disable access to your phone if your phone is lost or stolen
8. Live and historical BTC, ETH and LTC price charts

❷ Ranking of the top ten blockchain exchanges

1. Binance

Binance is one of the fastest cryptocurrency trading platforms in the world and an international leader. The blockchain digital asset international station currently has users in more than 180 countries and regions around the world and is committed to providing a safe, fair, open and efficient blockchain digital asset trading environment.

2. Huobi Global Station

Huobi Global Station is an innovative digital asset international station serving professional trading users around the world. It is committed to providing a variety of digital asset categories. It has independent trading business and operation centers in many countries and regions, and its influence is extremely high.

3. OKEX

OKEX is one of the world’s famous international digital asset sites. It mainly provides spot and digital assets such as Bitcoin, Litecoin, and Ethereum to global users. Derivatives trading services.

Domestic formal blockchain platform, top ten reliable blockchain platforms in China

4. Coinbase Pro

Coinbase Pro Headquarters Located in the United States, it focuses on providing users with a secure platform to facilitate users to invest in various digital assets. The interface is simple and easy to use, including real-time order inquiry, charting tools, transaction history and simple order processes.

5. ZB Network

ZB Network is the world’s leading digital asset trading service platform, dedicated to providing users with digital asset trading services. After years of ecological construction, it has now Serving the world, it’s secure, easy to use and unique.

6. Gemini

Gemini is headquartered in New York and is a digital currency financial investment platform and custody institution that allows customers to invest and store digital assets and is directly regulated by NYDFS , currently only supports investments in BTC, ETH and Zcash.

7. Open Sesame

Open Sesame is an attitude-oriented global block chain asset international station that not only provides users with safe, convenient and fair blockchain Asset trading services, while fully ensuring the security of users’ transaction information and assets, are trustworthy.

8. Bi Tuan Xiaoyuan Collapse

Bi Tuan belongs to a new generation of digital asset international station, headquartered in the United States.Based in China's Silicon Valley, it has a geek-level first-class technical team and operation team, committed to providing users with the ultimate convenient customer experience and creating a safe, transparent, efficient and easy-to-use digital asset international station.

9. Biying International Station

Biying.com is a well-known digital asset international station opened in Singapore, providing BTC, ETH, HC, EOS, LTC, Trading services for high-quality mainstream digital assets such as XRP and QTUM are convenient for users to operate anytime and anywhere.

10. Bitget

Bitget is a global digital asset derivatives trading service platform. Its business covers futures contracts, spot trading and global OTC. It is headquartered in Singapore and It also has branches in other regions, and currently the cumulative number of registered users worldwide has exceeded 900,000.

❸Can the coinbase wallet be used in China?

1. Although coinbase is a digital currency trading platform in the United States, it can also be used in China. Users download the APP and register a platform account , you can use the hidden function implicitly after completing the corresponding authentication;

2. The registered account needs to be bound to a usable U.S. bank card, such as Visa or MasterCard;

3. The coinbase software does not support Chinese. Even if you use it in China, you can only read the English interface.

How safe is the coinbase wallet?

This blockchain digital currency management software has attracted a large number of users since its release in 2018. It is backed by the largest digital currency exchange in the United States. There has never been any theft, and security is relatively guaranteed.

❹ The impact of Coinbase’s listing on the blockchain industry

Coinbase’s listing will have a certain impact on both Bitcoin and the US dollar. Coinbase, the world's largest cryptocurrency exchange based in the United States, has revealed its detailed plans to list on Nasdaq. Coinbase leads cryptocurrency to real adoption. Its listing opens an investment portal for institutional investors, allowing them to gain exposure to the cryptocurrency market without purchasing cryptocurrencies. Investors can buy and sell Coinbase shares on the stock market just like other public companies. Therefore, with cryptocurrency markets such as Bitcoin and Ethereum being highly valued, the growth of the cryptocurrency market will determine Coinbase's stock market preferences.
On February 25, 2021, the S-1 form submitted by Coinbase for listing application was approved by the U.S. Securities and Exchange Commission (SEC). The company will be listed on Nasdaq with the stock trading code COIN. Coinbase just turned a profit this year, with total revenue in 2020 of US$1.277 billion and net profit of US$322 million. In 2019, the platform also suffered a net loss of US$30.4 million.The company’s latest liquidation price reached US$373 per share, corresponding to a valuation of US$100 billion. At the same time, investors around the world can more conveniently understand digital securities + (Hong Kong/US stocks) through multiple investment channels, so as to conduct beneficial investment arbitrage.
There is usually a price difference between digital securities and US stocks. If the price of digital securities is lower than that of U.S. stocks, digital securities have valuation investment advantages. If the price of digital securities is higher than the price of U.S. stocks, U.S. stocks have a valuation investment advantage. Of course, the valuation of U.S. stocks is usually higher than the valuation of digital securities.
For investors, there are: ① more arbitrage opportunities; ② greater arbitrage space; ③ higher exit returns.
The Xueshuo Innovation Blockchain Technology Workstation under Lianqiao Education Online is the only approved "Blockchain Technology Professional" pilot of the "Smart Learning Workshop 2020- Xueshuo Innovation Workstation" launched by the School Planning and Construction Development Center of the Ministry of Education of China. workstation. The professional base is based on providing students with diversified growth paths, promoting the reform of the training model integrating professional degree research, production, and research, and building an applied and compound talent training system.

❺ What are the blockchain software development companies?

Based on some characteristics of blockchain technology, the field of blockchain application is still relatively wide, especially in the financial industry and other industries. Such as medical care, forensic certification, smart contracts, sharing economy, digital assets and other fields

Each field has related needs that require the development of software systems for further application of blockchain technology

< p>In my opinion, only a small number of companies are currently conducting in-depth research on blockchain technology, and some large companies only conduct application research and development for some internal needs of the company, and few are like Qi Hengyingtang. Zhongchuang provides a brief introduction to the development of blockchain technology application systems

Yingtang Zhongchuang has many solutions for the development of blockchain application software systems. You can refer to one or two for answers

p>

❻ What exactly is Bitcoin mining?

The most attractive thing about Bitcoin is mining. Why is mining so fascinating? Because mining can get Bitcoins. At the time of writing this article, the price of Bitcoin is $3,900. If you can mine a block, you can get $48,750 in mining revenue and about $6,000 in transaction fees. Isn't this fascinating?

So what exactly is mining? How do miners obtain Bitcoin through mining? This needs to start with the PoW (Proof of Work) consensus mechanism adopted by the Bitcoin blockchain system.

There is a village where many things need to be decided together. For example, one day the village chief needs all the villagers to decide together whether to make dumplings or noodles in the village canteen at noon today. Usually the way we can think of is voting - each villager has one vote, and the minority obeys the majority. However, some villagers are unwilling to eat in the canteen and may give up their votes to others, which may lead to unfairness. I regret that some people who eat in the cafeteria may not be able to realize their wishes.

So the village chief changed his approach. 10:50At 11 o'clock, he used a megaphone to broadcast to all the villagers: "At noon, we can choose to make dumplings or noodles in the canteen. Those who want to eat in the canteen should push the boulder at the entrance of the canteen. At 11 o'clock sharp, the stone will be pushed to the east of the gate, and they will eat dumplings at noon. "Push Yu Qin to the west side of the gate and eat noodles at noon."

So those who wanted to eat in the canteen ran to push the stone. The person who contributed more finally got his wish, and the person who contributed less was willing to do so, because this has always been the rule in the village.

This story tells a way of reaching consensus among the people, which we can call the "proof of work mechanism". Use the amount of effort to prove your willingness to choose.

In the first article in this series, we discussed a blockchain system that can keep everyone’s ledgers consistent. This mechanism to keep the data of all nodes consistent is called a consensus mechanism. Different consensus algorithms can achieve consensus effects with different performance, and the ultimate goal is to maintain data consistency.

Pay attention to the first one. In any block, the first one does not have an outgoing address, which is the so-called CoinBase (mining transaction). No one paid the miners this money, but the miners just wrote that they got 12.5 Bitcoins. All nodes agree that the miners write this, so the miners receive mining income.

When different miners fill blocks, the data must be different, because the first rule of each miner must be different. The miners will only transfer the mining proceeds to their own addresses. So miner Michael’s CoinBase is “Michael gained 12.5 Bitcoins” and miner Nancy’s CoinBase is “Nancy gained 12.5 Bitcoins”.

Each miner filled in the transactions he collected and the income he should receive. So, whose record will be recognized by everyone? Bitcoin uses a proof-of-work mechanism that pits miners against each other to solve a mathematical problem. Whoever solves the problem first will be recognized by everyone. Just like the village told in the opening story, each miner is pushing the boulder hard. As soon as the stone pressed down on his account page, he shouted: "My proof of work is successful. Come and see!" All the miners came, copied the page of accounts, stuck it on the back of the ledger, and started New accounting process. The cycle goes on and on, the account books are increasing page by page, and the account books are getting thicker and thicker.

When Satoshi Nakamoto decided to adopt the workload authentication mechanism, the starting point was to prevent the system from being attacked. "Satoshi Nakamoto" believed that if an attacker wanted to attack by messing with the ledger, he would need enough computing power. In other words, he was better than most stone pushers. In this way, he has to pay a huge cost, but the return is not enough to offset the cost, so the attacker has no financial incentive to attack the Bitcoin system.

However, now that the price of Bitcoin is getting higher and higher, the people pushing the stone are no longer content to push it themselves. Instead, they send all the big mules and horses at home to work. In the original design of Satoshi Nakamoto, one CPU had one vote, and computing power was used to determine which miner kept the final account. As the price of Bitcoin increases, theGPU mining first appeared. Later, people were not satisfied with the speed of GPU and began to manufacture special chips for mining. The ability of specialized chips to calculate Bitcoin problems is tens of thousands of times that of ordinary CPUs. Therefore, Bitcoin is no longer "one CPU, one vote". This also deviates from the original design of "Satoshi Nakamoto". The Bitcoin network has basically It is monopolized by several major mining pools, which deviates from the original intention of decentralized currency.

Reprinting of articles specially commissioned by Lei Feng.com without authorization is prohibited. See the reprint instructions for details.

Related Q&A: What does graphics card mining mean? Why are graphics card prices related to mining?

As an "old miner" who once "dreamed of getting rich overnight, but ended up losing all his money", to answer this question, this article will try to use popular language to describe some issues related to mining, graphics card mining and graphics card prices. .

What does "mining" mean?

To put it simply, mining means producing digital currencies. There are many types of digital currencies, including Bitcoin, Litecoin, Ethereum, Binance Coin, Dogecoin, etc. that we have heard of.

Here, we take Bitcoin as an example to get a general understanding. Bitcoin is a P2P form of digital currency. The decentralized characteristics and algorithm of P2P ensure that the value of the currency cannot be artificially manipulated by mass manufacturing of Bitcoins. Therefore, the total number of Bitcoins is limited. The currency system once had no more than 10.5 million in 4 years, and the total number will be permanently limited to 21 million thereafter.

However, unlike most currencies, Bitcoin does not rely on the issuance of a specific monetary institution. It is generated through a large amount of computer data calculations based on a specific algorithm, and a portion is generated through "mining" at regular intervals. Bitcoin.

What does "graphics card mining" mean?

We know the meaning of "mining". Simply put, doesn't it mean letting computers perform a large amount of calculations? Isn't this the advantage of computers?

So, why do you always use a graphics card to mine when "mining"? Can't it be mined by a more powerful CPU? After all, graphics cards are generally used for playing games, so how can they be related to digital currencies?

A word needs to be mentioned here: computing power.

We need to know that the most important thing for mining is the computing power of the computer hardware. Compared with the complex calculations of the CPU, the graphics card performs general calculations, often stacking thousands or even thousands of stream processors. However, mining only requires general-purpose calculations, but complex calculations cannot be used at all. Therefore, another use case for graphics cards is mining!

What does it mean? Let’s take a simple example: We need to write a number 1 on a large amount of white paper. We arrange 10 teachers and 1,000 primary school students to do this. In the same time, the completion amount of these 1,000 primary school students must be It can accomplish more than 10 teachers. Although the teachers are more capable, they cannot handle such simple things because there are so many primary school students.

In fact, early "mining" was indeed carried out using CPUs. Later, due to the increasing difficulty of mining, you can use CPUs for general computing.The power can no longer meet the demand for mining, so graphics cards are used for mining. On the contrary, the CPU and memory requirements for the key hardware that we usually focus on improving computer performance are not high. Sometimes we just need to be able to ensure the operation of the operating system and related software. The small mining machine I configured myself used second-hand CPU and CPU cooling, the memory was only 4GB, and the hard drive was only 60G. However, it was equipped with 6 graphics cards and a motherboard that can plug 6 graphics cards.

Why are graphics card prices related to mining?

As for the relationship between the price of graphics cards and mining, we can generally talk about the prices of new graphics cards and second-hand graphics cards in the market respectively.

First, in terms of new graphics cards.

In fact, the price of new graphics cards increased mainly in the first two years, and recently graphics card prices are gradually falling. At the beginning, the rise in graphics card prices had a lot to do with the market conditions of Bitcoin at that time. At that time, the price of Bitcoin was reaching a state of madness, which resulted in the creation of a large number of professional "miners" and "mining companies", including, of course, a large number of "retail mining investors" like me.

At that time, some media reported that Internet cafes in some areas had closed down and were engaged in professional mining. You can imagine how popular it was.

Later, due to the decline in digital currency prices and the standardized management of digital currencies and mining projects by relevant regulatory authorities, the industry is gradually returning to rationality and formality. In addition, the mining industry is contrary to environmental protection, so a large number of miners changed careers. Mining machines were shut down, and at the same time, related companies also developed special mining machines, causing the demand for graphics cards to continue to decline, and the price of graphics cards to fall accordingly.

A large amount of market demand has caused the price of graphics cards to rise again and again; market demand has decreased, and graphics card prices have gradually fallen, which is consistent with the market's supply and demand relationship and price fluctuations.

Second, second-hand graphics cards.

The graphics card used for mining is commonly known as the mining card. With the large demand for graphics cards from mining machines, second-hand graphics cards are also favored by many miners; but with the closure of a large number of mining machines, a large number of mining cards will definitely flow into the second-hand market, and many conscientious people do not recommend that ordinary users buy second-hand mining cards. of. Therefore, the price of graphics cards in the second-hand market also changes with the changes in the mining industry.

To give a real example, AMD once launched a graphics card called Radeon VII, which was released in February 2019 and discontinued in July. The price at the time of release was only over 5,000. However, a year and a half after it was discontinued, its second-hand price has reached as high as about 8,000 yuan, and this is simply because the performance data of this graphics card in all aspects is more conducive to mining.

In general, graphics card mining is a method of using the advantages of the graphics card itself to produce digital currency, and the rise and fall of the mining industry directly affects the fluctuation of graphics card prices.

Here, I would like to advise ordinary players who have not yet entered and want to enter the "mining circle" to give up, because it is possible that you will be the next one to "lose all your money"!

❼How long does it take to withdraw money from coinbase?

The money will be received within 24 hours on Mondays and Fridays, and within three days on Saturdays and Sundays.

Coinbase users are transferring their funds to wallets and exchanges that support Bitcoin Cash (BCC), causing delays in Bitcoin withdrawals from exchanges.

Coinbase, one of the world’s largest Bitcoin exchanges, has clearly stated that they do not support the BCC token created by the Bitcoin blockchain split on August 1. Coinbase's policy is to only support one version of Bitcoin.

Our policy is to only support one version of Bitcoin. In the process of determining which fork to support, we will look at various factors such as network size, market cap, and consumer demand. We took this decision seriously because supporting a new digital currency securely requires a lot of work from many teams.

However, many other exchanges and wallets have announced support for this new blockchain state and its tokens. When the User Activated Hard Fork (UAHF) activates at 12:20pm UTC on August 1, users of exchanges like Kraken, Bitfinex, and ViaBTC will all receive an equal amount of BCC. Fan Cong Chan

Coinbase introduction:

Coinbase was established in 2012 and is an American Bitcoin and other digital currency trading platform.

On the morning of January 21, 2015, according to U.S. Fortune reports, Bitcoin company Coinbase raised US$75 million in Series C financing. This is the largest financing received by a Bitcoin company as of January 21, 2015. On April 14, 2021, Coinbase was successfully listed on Nasdaq.


❽ ETF investors: Coinbase’s listing will cause a cryptocurrency “gold rush”

U.S. Bitcoin and other digital currency trading platforms Coinbase plans to list on Nasdaq on April 14 (local time) under the stock code COIN. This is very exciting for a wide range of investors outside of regular cryptocurrencies.

Bitwise Asset Management is a pioneer in cryptocurrency index funds. Matt Hougan, the company’s chief investment officer, said Coinbase will surprise people, which will force the traditional financial industry to “fight” against cryptocurrencies with astonishing growth.

It is not difficult to understand that Coinbase is likely to be the biggest beneficiary of the "cryptocurrency renaissance". The platform has 56 million certified users and revenue in the first quarter alone reached US$1.8 billion (approximately RMB 11.7 billion). Its value may range from US$50 billion (approximately RMB 327 billion) to US$100 billion (approximately RMB 100 billion). 654.1 billion).

This is unusual for any type of exchangeValuation. In comparison, the US Intercontinental Exchange, which operates the New York Stock Exchange, has a market capitalization of US$65 billion (approximately RMB 425.2 billion), while Nasdaq has a market capitalization of US$25 billion (approximately RMB 163.5 billion).

Such valuations have the investment world, especially the exchange-traded fund (ETF) world, excited.

The Biggest “Cryptocurrency Game”

In the past, cryptoassets had the same problem as other popular commodities, namely, high investor interest and a significant lack of investable assets. However, Coinbase still has a long way to go to solve this problem.

Matt Kennedy, senior IPO market strategist at Renaissance Capital, said that Coinbase will become the largest pure-play cryptocurrency listed company. He expects that every crypto ETF (traded open-end index fund) will want to own it at some point, and the company will likely be the first to own it.

Amplify's Christian Magoon has the same experience. He runs a Transformational Data Sharing ETF (BLOK) that focuses on blockchain technology.

Magoon said that due to the company's active management, once the company is listed, they can buy it the moment it goes public. They are very much looking forward to it appearing in the company's portfolio,

He said that other technology ETFs, especially Cathie Wood's ARKARK Fintech Innovation ETF (ARKF), and the Global X FinTech ETF (FINX), also May become a buyer. And this is just the beginning. In the future, more ETF companies will apply for crypto funds.

Since individual and institutional ownership of cryptocurrencies remains low, many believe that Coinbase's valuation will also encourage more private entities to go public.

Hougan believes that there may be a "gold rush" of crypto stocks in the future as investors realize how fast companies in the crypto ecosystem are growing.

Michelle Bond, former senior legal counsel to the U.S. Securities and Exchange Commission (SEC) and current CEO of the Association for Digital Asset Markets (ADAM) (the association of digital market companies), said that because it must With approval from traditional financial regulators to ensure transparency, integrity and disclosure, Coinbase's listing will break down previous barriers.

Of course, this means more players will join, including well-known competitors such as InterContinentalBakkt Holdings, a digital asset market owned by Intercontinental Exchange, has reached a merger agreement with SPAC-VPC Impact Acquisition Holdings.

The U.S. Securities and Exchange Commission’s attitude toward Bitcoin ETFs

Although Bitcoin ETFs exist in the United States, the United States does not directly own Bitcoin. People hold portfolios of stocks thought to be related to blockchain technology.

An ETF owning Bitcoin is something crypto investors have long awaited. Because Bitcoin ETFs will greatly expand the class and category of potential owners.

Som Seif operates a purpose-built Bitcoin ETF that will trade in Canada. He said that Bitcoin ETF will create an easy, simple and efficient way to obtain Bitcoin. Just like gold, Bitcoin is stored and kept uniquely. ETFs solve this problem. In addition, ETFs have institutional backing. In 2004, the emergence of GLD (gold ETF) changed the world. It makes it easier to "hold gold" as an asset class.

He expects a Bitcoin ETF to have a similar effect.

A few weeks ago, the U.S. Securities and Exchange Commission (SEC) acknowledged receipt of Van Eck’s Bitcoin ETF application and initiated a 45-day regulatory review period. At the end of this review period, the SEC must approve, deny, or extend the review period. Several other companies, including Fidelity, have also filed for Bitcoin ETFs.

Most observers believe that the SEC may make a desperate move to seek an extension of the review period. It is reported that the maximum period is 240 days.

An anonymous observer suggested that the committee does not like to deal with new things and that whenever something falls into this category, it creates unease in the committee. So they usually try to delay as much as possible.

However, most Bitcoin observers believe that Bitcoin may finally be approved in late 2021.

Magoon said the biggest potential change is reflected in SEC chairman nominee Gary Gensler, noting that Gensler has taught cryptocurrency. He also pointed out that SEC Commissioner Hester Peirce is a Republican and has been a supporter of Bitcoin ETFs.

Perhaps the biggest difference, though, is the improved security of the Bitcoin universe.

In 2018, the U.S. Securities and Exchange Commission (SEC) rejected the Bitcoin ETF application submitted by the Winklevoss brothers for the second time with a 3-1 decision.The SEC specifically said it was concerned about extreme price volatility and fraud in cryptocurrencies. It also noted that 75% of Bitcoin trading occurs overseas on unregulated foreign exchanges, as well as in potentially manipulated foreign exchange markets.

All Bitcoin watchers agree that the SEC must be satisfied that the fraud and manipulation issues have been resolved.

Hougan believes that the crypto market has spent a long time solving these problems.

Hougan said that a few years ago, there was no unregulated futures market. But now there is, and the volume of transactions is greater. In the past, there were no standardized custody institutions and insurance, but now there are. We have made tremendous progress. It's unclear whether the target line has been crossed, but the company is getting closer.

(Canadian and American financial articles, plagiarism will be investigated)

#Coinbase#, #cryptocurrency#, #Bitcoin#

Author: Yi Er

p>

Editor: Jax