To conduct any IT project, it is greatly advantageous to rely on well documented software as well as software with active developer community. The development of a blockchain system is no exception to this, as the choice of a Distributed Ledger Technology (DLT) with plenty of resources is advantageous.
Stablecoins are digital currencies whose value is pegged to fiat currencies like the dollar. We analyze the influence of stablecoin issuances on the returns of major cryptocurrencies and conclude that stablecoins contribute to price discovery and market efficiency of cryptocurrencies.
A specific feature of the blockchain technology and thus also of the Bitcoin network is the underlying transparency. Each network participant can observe in virtually real time how many and what kind of transactions take place in the Bitcoin...
This third and last blog post takes a look at intra-week patterns of Bitcoin activity. The following chart shows transactions and fees aggregated by weekday and hour. Activity was high on workdays and on afternoons, and low on weekends and on early mornings. The same is true for transaction fees...
Between September 14, 2018 (the day when Veriblock was launched), and December 31, 2019, Veriblock accounted for 12.8% of all transactions published on Bitcoin and Omni/Tether accounted for 8.7%. The following chart reveals how the ups and downs...
Many blockchains are multipurpose platforms. Their powerful scripting capabilities enable a wide range of different applications, from decentralised insurance to breeding digital pets. Bitcoin is different. It was built to serve a single purpose: the operation of a decentralized and secure digital currency...
