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Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report
The Bank of International Settlements (BIS) has leased a chapter from its forthcoming annual report that delivers a critical appraisal of bitcoin and cryptocurrency. The report attacks virtual currencies from several main standpoints: claiming that cryptocurrencies do not effectively perform monetary functions due to price volatility, that the retail adoption of blockchain-based payment mechanisms would […] The post Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report appeared first on Bitcoin News. дальше »
2018-6-20 11:20 | |
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Internet Cafes Hacked to Mine $800,000 Worth in Siacoin Cryptocurrency
A group of hackers has allegedly colluded with computer maintenance firms in China to hack into computers owned by internet cafes to mine cryptocurrency. The report said the hackers first developed a piece of malware that can specifically mine the siacoin cryptocurrency on an affected device. They then marketed it to computer maintenance firms who дальше »
2018-6-19 12:33 | |
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Internet cables have earned me $ 8,000
A group of hackers has allegedly colluded with computer maintenance firms in China to hack into computers owned by internet cafes to mine cryptocurrency. The report said the hackers first developed a malware that can specifically mine the siacoin cryptocurrency in an affected device. дальше »
2018-6-19 10:56 | |
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Why Bitcoin [BTC] will not break the Internet with its bandwidth needs
OPINION: A Swiss bank has said that Bitcoin could break the Internet with its bandwidth and power needs. As a part of its annual economic report, the Bank for International Settlement detailed why Bitcoin has a “range of shortcomings”. дальше »
2018-6-19 10:01 | |
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, the bank claims that using a blockchain to process the volume of retail payments made daily “could bring the internet to a halt.”.
As previously reported, the release precedes the organization’s full annual economic report, which will be published next week. In addition, the bank claims that using a blockchain to process the volume of retail payments made daily “could bring the internet to a halt. дальше »
2018-6-18 13:58 | |
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Bitcoin Could Break The Internet
This week, the Bank of International Settlements (BIS), a membership group of over 60 of the worlds central banks, based in Switzerland have recently published a report that explores cryptocurrencies from both a financial and sociological/cultural perspective. дальше »
2018-6-18 13:30 | |
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Halt the Internet? BIS Report Critiques Blockchain and DLT Claims
The Bank of International Settlements harshly reviewed the idea of cryptocurrencies, though it was more accepting of the idea of distributed ledgers. дальше »
2018-6-18 10:00 | |
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Blockchain Will Be 10 Times More Valuable Than the Internet China State Tv
The government has also led multi-billion dollar investments in blockchain projects with the vision of commercializing blockchain technology in the near future. Blockchain is Better Than the Internet CCTV, AKA China Central Television, a state TV channel controlled by the government, released an hour-long report covering blockchain technology and cryptocurrency, featuring various topics including blockchain дальше »
2018-6-13 00:47 | |
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