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The sudden popularity of CryptoKitties has sent ethereum’s capacity to its limit with the network processing more than 700,000 transactions yesterday.
Demand for ethereum transactions have been increasing for months, but it appears kitties are what done it, with the network now congested, around 20,000 transactions stuck and fees at 11 cent.

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Dear users of our exchange, we have to temporarily suspend the exchange of Ethereum, since at the moment there is a significant overload of Ethereum.
Transactions sent 4/12/20017г. not confirmed.
Once Ethereum is restored, we once again resume our exchange in this popular area.

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LEE: FUNGIBILITY ‘ONLY GOOD MONEY FEATURE BITCOIN LACKS’
Summarizing a circular to the Core mailing list by Bitcoin developer Greg Maxwell, Litecoin creator Lee said he “looked forward to adding” any improvements to Litecoin in future.
The issue centers around so-called confidential transactions (CT), which would allow the amounts involved in transactions to be visible “only to the sender, the receiver, and whichever parties they choose to share the information with through sharing watching keys or through revealing single transactions,” Maxwell writes.

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Venture capitalist and uniоn Square Ventures co-founder Fred Wilson believes there’s a cryptocurrency crash coming – and he thinks investors need to diversify in order to prepare.
In a new blog post, Wilson recounted his experiences during the dot-com boom and bust of the late 1990s and early 2000s, during which a number of then-well-known internet firms rose to prominence and subsequently failed, taking many investors with them.
Wilson said that he lost as much as 90% of his net worth at the time, saved only by a pair of real estate holdings. It’s that experience, he wrote, that has informed his investment decisions ever since – including the choice to keep a diversified portfolio that includes other assets along with cryptocurrencies.

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Everyone has been watching the bitcoin price in the aftermath of the SEC’s decision to not allow the creation of a bitcoin ETF, but most of the real action has been taking place in the altcoin market. While the Bitcoin Dominance Index (BDI) was closing in on 90 percent at the start of the new year, it briefly crashed below the 80 percent mark on Monday.

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Storing bitcoin in a safe and secure manner is more important than ever before. Multiple solutions are available to users to achieve this goal. For those cryptocurrency enthusiasts who prefer to take full control over their secure bitcoin storage, using a hot wallet and cold wallet is well worth looking into.

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The number of transactions on the Bitcoin network has steadily increased over the years. This means more blocks are filling up. And as not all transactions can be included in the blockchain straight away, backlogs form in miners’ “mempools” (a sort of “transaction queue.”)

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“We believe that Dubai is the global capital of blockchain. We know how to execute and we’re creating the ecosystem.”
That statement, given during a talk by Wesam Lootah, CEO of the state-backed smart cities effort Dubai Smart Government, cut to the core of the message from government officials at Keynote 2017, a blockchain technology event held at the city’s famed Burj Al Arab today.

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Over the past few months, the Bitcoin community has been debating about the purpose of the Bitcoin network. Is it supposed to serve its global network of users as a settlement network? Or should it perform as digital gold for investors using it as a safe haven asset and to process large sums of money?

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Previously, before the People’s Bank of China requested local bitcoin exchanges to implement a trading fee system, the vast majority of traders and investors believed that the Chinese market controlled over 90% of the global bitcoin exchange market.

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25.04.2019, 12:52
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