With Binance Chain’s 11 validators hand-selecting Binance Smart Chain’s validators daily, analysts are warning of the protocol’s centralization.
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Category: Ryan Watkins
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Stablecoin Tether Set to Eclipse Bitcoin’s Daily Transaction Value
The most dominant stablecoin in the cryptocurrency ecosystem has seen some competition during the last few years, but the token tether has remained king in the face of rivalry. Just recently, a “Q2’20 review” published by the digital currency data and analytics firm Messari shows that tether’s daily transaction value is set to eclipse bitcoin’s […]
The post Stablecoin Tether Set to Eclipse Bitcoin’s Daily Transaction Value appeared first on Bitcoin News.
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Ethereum’s Value Transfer Is Now Dominated by Stablecoins
The Ethereum (ETH) blockchain has become home to a number of stablecoins. On January 29, Messari researcher Ryan Watkins explained that the stablecoin value transfer issued on the ETH chain recently flipped the number of native ether transactions. Essentially, Ethereum’s value transfer is now largely made up of stablecoins like tether, pax, and dai. Also […]
The post Ethereum’s Value Transfer Is Now Dominated by Stablecoins appeared first on Bitcoin News.
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