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“The crypto ATM market is expected to grow from USD 16.3 million in 2018 to USD 144.5 million by 2023, at a CAGR of 54.7% from 2018 to 2023,” reads recent report on cryptocurrency automated trading machine (ATM) market, which was published on Research and Markets.

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【Eloncity News】

We are happy to announce our newest investor Interblock Capital, a Canadian encrypted currency and certificate investment fund that focuses on blockchain venture investments, resource and information exchanges, and consulting services. #ELONCITY

http://bit.ly/2AaECDv
What Is a Velvet Fork?

A velvet fork is a mechanism that does not require "a change in the rules at the consensus level," so it does not need approval by all network members. In addition, such forks allow for "consistent deployment" of the software and do not harm miners who did not support the update, and in this sense, they have similar features with soft forks.

Velvet forks were described for the first time in the research work of Non-Interactive-Proofs-of-Proof-of-Work (NIPoPoWs) on how to reach a consensus and published on December 4, 2017, by Aggelos Kiayias, Andrew Miller, and Dionysis Zindros.

#flashcards
The Forecast for the Development of Exchanging Cryptocurrency on the Basis of a Cycle of Maturity of Technologies

The most significant problems facing the cryptocurrency community at the moment are liquidity, scalability, and exchange. Cryptocurrency exchanges are still limited, slow, expensive, and unsafe. The growth of Bitcoin is, undoubtedly, what popularized digital currencies and led the crypto market to where it is today. But there are many problems in the financial system associated with Bitcoin, which limit the extreme potential of altcoins. The inefficiency of cryptocurrencies, with all their positive aspects (simplification and globalization of international payments, the introduction of transparency, and additional levels of security in the money transfer system) is what deters investors and prevents digital money from gaining mass recognition.

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Valeri Petrov: Cryptocurrencies Will Never Become a Full-Fledged Substitute for Money

Candidate of economic sciences Valeri Petrov worked as a top manager of several large financial companies and held executive positions in various financial market associations. At the end of last year, Petrov was elected vice president of the RACIB for the regulation and development of the market. In an interview with DeCenter, the expert said what was wrong with the draft laws on cryptocurrencies adopted in the first reading by the State Duma, how they should be corrected, and how the self-organization of business could push the whole blockchain industry forward.

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【Eloncity News】


Vote for Eloncity on icohub! http://ico-hub.org/icos/24485, login with your telegram account and hit the "You Upvoted" on Eloncity's voting page.


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📨 #DeCenterDaily

📉 The market’s biggest digital coins dropped sharply amid a report that Goldman Sachs is pulling back on near-term plans to set up a crypto trading desk.
via Bloomberg

💤 Large BTC wallet that has been inactive for the past four years suddenly started showing some serious movement.
via Bitcoin.com

🇬🇧 Cryptocurrency exchange Coinbase will start introducing support for British pounds (GBP) to U.K. customers.
via CoinDesk

Cryptocurrency exchange Bittrex will soon delist Bitcoin Gold (BTG).
via Cointelegraph

👩‍🎨 Another milestone: an artwork worth millions of dollars has been tokenized and sold on blockchain.
via ccn
South Korea’s national postal service Korea Post, which oversees an investment fund of $112 billion, will meet with Goldman Sachs executives to gain “know-how” about cryptocurrencies.

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【Eloncity News】

ELONCITY's Cornerstone/Private Sale Registration has ended. ELONCITY is still successfully financing in the bear market. We greatly appreciate everyone’s participation! Participation details of public token contribution will be announced soon.

http://bit.ly/2PFln90
Yin and Yang: How Hodling and Mining Affect the Dynamics of Bitcoin Price

Experts of the crypto market still have no common opinion as to which factor has the greatest impact on the price of Bitcoin. Some researchers are sure that these factors are mining and hodling, which have the effect of the opposing "energies" yin and yang on Bitcoin. Why have experts come to this conclusion and where does PPR come in? Let us understand it all in our material.

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Cryptocurrency exchange Coinbase is reportedly considering the creation of a cryptocurrency-based exchange-traded fund (ETF) in partnership with the Wall Street investment management giant BlackRock.

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📨 #DeCenterDaily

🤔 Goldman Sachs CFO Martin Chavez said that reports about the company abandoning its plans to open a cryptocurrency trading desk are “fake news.”
via CNBC

🇨🇳 China’s Supreme Court: “Internet courts shall recognize digital data that are submitted as evidence if relevant parties collected and stored these data via blockchain with digital signatures, reliable timestamps, and hash value verification or via a digital deposition platform, and can prove the authenticity of such technology used.”
via CoinDesk

🇭🇰 Cryptocurrency exchange Huobi has acquired Pantronics Holdings Ltd., a company that is publicly listed on HK Stock Exchange.
via Cointelegraph

👨🏽‍💻 Developer under the pseudonym Sunny King—who created the first PoS-based cryptocurrency—is back suggesting to rework the algorithm to allow for specialized hardware.
via CoinDesk

🇺🇿 Under a new presidential decree, cryptocurrency trading in Uzbekistan will be legalized. The document also introduces licensing for crypto exchanges.
via Bitcoin.com
Cross-border data flows grew by 45 times between 2005 and 2014, but a lot has changed since then. Moreover, the big changes are yet to come. And blockchain technology will be one of their main driving forces.

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Compelling uses for blockchain may yet emerge, but backers will need patience.

“For now, however, almost all blockchain projects remain experimental. Most will fizzle out. The less world-changing a proposed use, the better its chance of success.”

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