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ShapeShift CEO: 'Any Desired Feature Can't Clog Bitcoin'

ShapeShift CEO Erik Voorhees, the first practitioner of the crypto currency, and the CEO of ShapeShift, a popular crypto currency, believe that Bitcoin should be very “conservative ift and that those who contributed to the continued development of the flagship crypto currency CEO should avoid trying every new idea. ”Defended. "

Ibi Bitcoin cannot be optimized for every variable, “said Voorhees, the former owner of the crypto-gambling site SatoshiDice. On March 22, BTC comments were made in his ini Bitcoin What He Was Doing ini podcast. The and most innovative, and ”most conservative“ digital entity at the same time.

Çok Better Than Every Bank “

Voorhees explained that it is not practical to try to integrate ı every desired feature et or feature into the Bitcoin protocol. Voorhees commented on the different uses cases studied by other block chain networks:

I I think it should be more centralized and have higher yields [more block-chain-based platforms] and should be less centralized chains with less efficiency and strengthen the crypto ecosystem in both cases more strongly and in both cases. We're still better than every bank. Hala

Hostile Speech

In Peter McCormack's second appearance on Bitcoin's What podcast, Voorhees said that there should be ıla an open discourse among people from whom long points can be made V - which could then lead to meaningful What feedback and discussion Peter.

The founder of ShapeShift criticized how Twitter users communicate with each other, believing that the speeches on the microblogging platform can be quite hostile. Talking about the heated debate on Twitter, Voorhees said that people V attacked each other with 288 characters. Twitter

Bitcoin Is Not The Only Project With Potential

Voorhees, who admitted to be a Bitcoin maximalist in the past, said that he started thinking differently in late 2013. He explained that his views on Bitcoin changed when he looked at the more fundamental theory of money and at the same time he only worked as a middle-class currency. interchange (MoE) is used only to hold value. At that time, altcoin projects seemed ord a great distraction O, said Voorhees.

But gradually, the CEO realized that if you were really interested in decentralization, you should be open to more block-chain projects and explore other ideas.

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Industry News

SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Real crypto OG's will rally around me.

The real ones that know the truth, and what happened from day 1.

Talk to you guys soon.⏳#FreeTrevon

— Trevon James, Founder of our.glass Crypto (@BitcoinTre) May 28, 2021

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

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Bitcoin News

Who Has The Most Bitcoin (BTC) Savings?

Bitcoin Analizi, Bitcoin 5.700 Doları Geçti!

According to the research result, the Winklevoss twins own 150,000 BTC, but there are names that own more Bitcoin than them…

Blockchain Center, which investigates who owns the largest amount of Bitcoin (BTC); From Winklevoss twins to scammers, from hackers to "zombie coins", he laid out all the data.

On the other hand, the most famous hacking case of the cryptocurrency world, Mt. Gox incident allegedly owned 166,000 BTC.

It is claimed that 30,000 BTC seized from the Silk Road scandal is in the hands of Tim Draper.

Plus Token scammers were said to have 200,000 BTC.

On the other hand, “Zombie coins” are surprisingly plentiful. These tokens we are talking about consist of 1.5 million BTC, which will never be used and will not be spent by anyone forever.

Grayscale's Bitcoin Trust is known as the largest institutional Bitcoin investment vehicle and currently holds over 400,000 BTC of liquidity. Lightning Network only holds 1,000 BTC, while Ethereum (ETH) has another 80,000 BTC locked.

Another 2.5 million Bitcoins are expected to enter circulation over time. Time will tell which other names will be included in this list.

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Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

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Source: Cointelegraph