Why has ht experienced a recent surge (Why has ht’s price dropped)?
Why has ht experienced a recent surge? Recently, ht has gained attention and pop
Why has ht experienced a recent surge? Recently, ht has gained attention and popularity among many developers due to its continuous development in the Ht ecosystem. As a decentralized distributed cloud storage network, ht has become the world’s largest decentralized cloud service platform. It currently has nearly 4 million nodes and over 1 million transactions, allowing users to store and retrieve their data on the chain. Ht effectively helps users better understand the application and trends of blockchain technology. To further deepen people’s understanding of this emerging field, the Ht team is researching a new protocol to support various applications they aim to build, in order to achieve more efficient business models and logic. They also provide an incentive model for those who want to join this new system, allowing everyone to gain more profit. How can ht become a better wallet? According to official information released by Ht, it is an open-source cryptocurrency wallet based on Bitcoin technology, designed to allow anyone to directly manage their digital assets without leaving their private keys. These funds are transferred to a wallet address called “huobiprotocol” via Bitcoin. This project is initiated by Huobi Mining Pool, a decentralized autonomous organization (DAO), with Huobi Pool co-founder Du Jun serving as the CEO. Huobi Mining Pool is dedicated to solving trust issues in the decentralized payment industry and using distributed storage technology to make financial applications more scalable, secure, and anonymous. As of June 30, 2020, HuobiGlobal platform has accumulated approximately $500 million worth of new eco coins, over 2 billion RMB stable coins, and more than 500 other digital assets.
Why has ht’s price dropped?
According to btcmanager, why did ht’s price suddenly drop? There are two reasons for this: first, the high transaction costs and low efficiency caused by the development of blockchain technology. Second, there is a problem in the network where “when you upload data online, the information in your account is leaked.” Additionally, the difference in internet traffic sources and usage habits (e.g., Facebook) can lead to user disinterest or inability to access their own data. Lastly, the network effect of Bitcoin makes it very fragile, leading to the creation of a “pseudo name”.
This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/ai/23265.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
Guangzhou Establishes YuanUniverse Innovation Industry Association for Digital Universe Empowerment
It is reported that the establishment and holding of the first general meeting of Guangzhou YuanUniverse Innovation Industry Association with the theme of \”dig…
-
The Controversy Surrounding Cryptocurrency and Its Societal Value
On March 27th, Michael Kagan, chief technology officer of chip manufacturer Nvidia, expressed doubts about the benefits of cryptocurrency in a recent interview with the Guardian. K
-
Circle Announces Official Account for Developer Community on Twitter
It is reported that Circle, the issuer of USDC, announced on social media that it has opened an official account for its developer community on Twitter, and continues to provide su
-
BTC breaks through $28000
According to reports, the market shows that BTC has exceeded US $28000 and is currently reported at US $28014.7, with a intraday increase of 1.84%. The market is volatile, so pleas
-
VeChain Foundation’s VeWorld Wallet Brings Decentralization and Enhanced Functionality
It is reported that the VeChain Foundation announced the launch of its new decentralized autonomous wallet, VeWorld. This wallet can be used as an extension of…
-
WGFDesocial raises US $20 million in seed round for its new decentralized social platform
According to the official news, WGFDesocial has completed a seed round financing of US $20 million, led by Dao venture capital. Humza Saleem, the co-founder an…
-
Arbitrum Announces DAO Air Drop Rules: What You Need to Know
According to reports, Arbitrum has announced the DAO air drop rules, stating that one of the core principles of air drop is to reach the sub community of Arbitrum. Only projects wi
-
What is erch currency (ercx coin)
What is erch currency According to official news, erch is a type of currency. I
-
GMX Lock-up in Derivatives Agreement Reaches Record High of $600 Million
It is reported that according to the latest data of DeFilLlama, the amount of GMX lock-up of the Arbitrum ecological derivatives agreement is close to $600 mil…
-
US Stock Futures Show Signs of Market Growth
According to reports, the market showed that the three major stock index futures of the US stock market rose, the Dow index futures rose 1.2%, the Dow index futures rose 1.7%, and the S&P 500 index rose 1.6%. Futures of the three major US stock indexes rose, and the S&P 500 index rose 1.6% Analysis based on this information:The US Stock Market continues to show signs of significant growth as market reports indicate an increase in the three major stock index futures. The Dow Index futures rose by 1.2%, S&P 500 index rose by 1.6%, and the Dow Index futures by 1.7%. This positive projection reflects investor’s confidence in the US economy’s continuous recovery since the pandemic’s economic impact. Growing optimism in the market is being attributed to the recent passing of the stimulus package, which is expected to lead to a surge in consumer spending. Due to these rising indices, it suggests good news for companies in the market,…