Cryptocurrency Blogs

204 Publication

Michael Saylor: "Proof-of-Stake protocols are unstable and risky"

The founder of MicroStrategy called cryptocurrencies using the Proof-of-Stake (PoS) consensus algorithm unstable and at risk of collapse. Michael Saylor supported Bitcoin maximalist Matthew R. Kratter, who recently stated that the Proof-of-Stake consensus mechanism, which the Ethereum network switched to, makes the ether more vulnerable. Kratter suggested that regulators examine whether the Michael Saylor: "Proof-of-Stake protocols are unstable and risky"

China announced the launch date of the state-owned NFT marketplace

China intends to use its NFT platform to regulate the secondary markets of collectible tokens and combat excessive speculation in digital assets. The Chinese authorities have made it clear that on January 1 they will launch the first regulated platform for trading non-interchangeable tokens. The platform was created by the state-owned China Technology Exchange, the private Huban Digital China announced the launch date of the state-owned NFT marketplace

Taiwanese temple minted NFT of local Sea goddess

The Dajia Jenn Lann Temple in Taichung has found an unprecedented way to use modern technology. At the temple, which is about 100 miles down the coast from Taiwan, NFTs have been released in honor of the sea goddess Mazu, and they are already popular among young people. Every year, the temple organizes a 300-kilometer pilgrimage in honor of the sea goddess, and the economy of the region mainly Taiwanese temple minted NFT of local Sea goddess