On Friday, Virtue Gaming, a decentralized online poker platform built on the Ethereum (ETH) blockchain, launched the first play-to-earn digital poker casino in the United States.In the U.S., only six states (Nevada, Delaware, New Jersey, Pennsylvania, West Virginia, and Michigan) have legalized and currently regulate online poker. The country has been slow to act on the subject … [Read more...] about Virtue Gaming launches play-to-earn crypto model to bring online poker to US players
Model
Ethereum transaction energy use equals 2.5 miles in a Tesla Model 3: Report
In contrast, a transaction on Tezos takes 0.0016 kWh or less than the energy required to charge an Apple Tablet for 10 minutes. 100 Tezos transactions is equivalent to driving 10 km in a Tesla Model 3. The energy use of the entire Tezos network is approximately equivalent to two households in the U.S. for the whole year. One question, though, is how competing blockchains such … [Read more...] about Ethereum transaction energy use equals 2.5 miles in a Tesla Model 3: Report
How the Bitcoin model can solve the social media dilemma
Social media platforms are constantly under fire for their lack of total end-to-end encryption, existing privacy policies and censorship – but a blockchain-based solution might spell the end to an era of centralized social media dominance.In many ways, social media is a vital component of daily life for both businesses and the average consumer. Today, these platforms connect … [Read more...] about How the Bitcoin model can solve the social media dilemma
Stock-to-flow model possibly invalidated as Bitcoin price loses $30K
As the price of Bitcoin (BTC) continues to struggle around the $30,000 mark, the widely accepted stock-to-flow (S2F) model to price Bitcoin, coined by Twitter user and unnamed Dutch investor, Plan B, is now the farthest from its estimates. The model was popularized by the Twitter pseudonym more than two years ago in March 2019 and in the midst of a minor bull through Q1 2019. … [Read more...] about Stock-to-flow model possibly invalidated as Bitcoin price loses $30K
Great buy? Bitcoin trades at record 59% below stock-to-flow BTC price model target
Bitcoin (BTC) has never been as far below its target price as it is now, the stock-to-flow model shows this week.In a tweet on July 10, Lex Moskovski, chief investment officer at Moskovski Capital, showed stock-to-flow flagging a historic moment in Bitcoin's twelve-year lifetime."Great buying opportunity"With BTC/USD showing few signs of a genuine bullish recovery, the pair has … [Read more...] about Great buy? Bitcoin trades at record 59% below stock-to-flow BTC price model target