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Category: L-BTC
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Onchain Data Shows $449M Worth of Bitcoin on ETH Eclipses Offchain Competitors
Onchain analytics show the number of bitcoin (BTC) held on the Ethereum blockchain has been multiplying at an extremely fast rate since the end of May. On Sunday, August 16 there’s approximately 38,021 BTC on Ethereum or roughly $449 million stored in synthetic bitcoin protocols like Wbtc, Renbtc, Sbtc, and more. During the last two […]
The post Onchain Data Shows $449M Worth of Bitcoin on ETH Eclipses Offchain Competitors appeared first on Bitcoin News.
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Bizarro World: Federated Sidechain Technology Promoted Over Nakamoto Consensus
On Oct. 10, Blockstream revealed that the company’s new product, Liquid, generated its first block on Sept. 27 and noted that a lot of the crypto-economy’s “biggest players” participated. Since Blockstream announced the launch of its federated sidechain, the technology has been praised by some and dismissed by others. Also read: BCH Devcon Streamlines Bitcoin Innovation […]
The post Bizarro World: Federated Sidechain Technology Promoted Over Nakamoto Consensus appeared first on Bitcoin News.
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