Blockchain
Bitcoin Offshoot Undergoes ‘Halving’ in Prelude to Larger Blockchain’s Change
In a precursor to Bitcoin’s “halving” later this month, an offshoot cryptocurrency called Bitcoin Cash is reducing its supply of newly minted token by 50% Wednesday.
What Is Bitcoin ‘Halving’? Does It Push Up the Price?: QuickTake
Bitcoin Cash split from Bitcoin in 2017, and jump started the so-called forking craze, in which dozens of software-development teams sought to create money out of thin air by tweaking the original computer code and releasing coins with “Bitcoin” in their names. Bitcoin Cash’s supporters include Roger Ver, who was known as Bitcoin Jesus in the early days of crypto for supporting Bitcoin before shifting his allegiance to Bitcoin Cash.
Bitcoin Cash rallied as much as 11.4% to $632 on Thursday, bouncing from a selloff in the prior session. The token is still well below its all-time high of about $4,355 set in 2017, based on CoinMarketCap data.
Bitcoin is due to undergo its own slashing of newly minted coins, which go to computers called miners that support its network, in about 16 days. Historically, Bitcoin halvings — supposedly because they’ve limited coin supply — have fueled market market booms.
Source: bloomerg.com
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WadzPay, a leading fintech company specialising in blockchain based technology for virtual asset payment solutions, is proud to announce its plan to enter the Stablecoin business, marking a significant expansion of its offerings. With a steadfast commitment to innovation and addressing evolving market demands, the company has strategically positioned itself to capitalise on the growing opportunities within the virtual asset financial services space.
ZettaBlock, a leading provider of blockchain solutions, has recently announced a significant enhancement to its offerings with the addition of blockchain data services. This development marks a strategic move aimed at bolstering ZettaBlock’s capabilities and further solidifying its position in the blockchain industry.
By integrating blockchain data services into its portfolio, ZettaBlock seeks to address the growing demand for comprehensive and reliable data solutions within the blockchain ecosystem. The new offering will enable clients to access a wealth of blockchain data, empowering them to make informed decisions and derive valuable insights from the vast amount of information available on various blockchain networks.
ZettaBlock’s decision to expand its services comes at a time when the importance of blockchain data analytics is increasingly recognized across industries. With blockchain technology continuing to gain traction and adoption worldwide, the ability to effectively harness and analyze blockchain data has become crucial for businesses and organizations seeking to unlock new opportunities and drive innovation.
Through its blockchain data services, ZettaBlock aims to cater to the diverse needs of its clients, providing them with access to real-time and historical data from a wide range of blockchain networks. This includes transaction data, smart contract metrics, network activity, and more, allowing users to gain deeper insights into blockchain transactions and activities.
The addition of blockchain data services represents a significant milestone for ZettaBlock, underscoring the company’s commitment to delivering cutting-edge solutions that meet the evolving needs of the blockchain industry. As businesses increasingly recognize the value of blockchain data in driving decision-making and enhancing operations, ZettaBlock’s comprehensive data services are poised to play a key role in shaping the future of blockchain analytics.
Source: cryptonewsz.com
The post ZettaBlock announces the addition of blockchain data appeared first on HIPTHER Alerts.
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ZettaBlock announces the addition of blockchain data
