\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

A new public-key algorithm can be added to Bitcoin as a soft fork<\/a>. From the end-user perspective, this would appear as the creation of a new address type, and everyone would need to send their bitcoins to this new address type to achieve quantum security.((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Overcoming The Threat Of Quantum Computing To Bitcoin.<\/h2>\n\n\n\n

A new public-key algorithm can be added to Bitcoin as a soft fork<\/a>. From the end-user perspective, this would appear as the creation of a new address type, and everyone would need to send their bitcoins to this new address type to achieve quantum security.((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Scientists from Sussex University published a paper<\/a>, finding that quantum computing is expected to break the SHA-256 encryption method currently utilized by Bitcoin, within the next decade.((https:\/\/avs.scitation.org\/doi\/10.1116\/5.0073075))<\/p>\n\n\n\n

Overcoming The Threat Of Quantum Computing To Bitcoin.<\/h2>\n\n\n\n

A new public-key algorithm can be added to Bitcoin as a soft fork<\/a>. From the end-user perspective, this would appear as the creation of a new address type, and everyone would need to send their bitcoins to this new address type to achieve quantum security.((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The ledger that holds every transaction of bitcoin would also be at risk. If the ledger were to be attacked<\/a>, then it could be altered to accommodate fraudulent transactions or as stated above steal coins from wallets.<\/p>\n\n\n\n

Scientists from Sussex University published a paper<\/a>, finding that quantum computing is expected to break the SHA-256 encryption method currently utilized by Bitcoin, within the next decade.((https:\/\/avs.scitation.org\/doi\/10.1116\/5.0073075))<\/p>\n\n\n\n

Overcoming The Threat Of Quantum Computing To Bitcoin.<\/h2>\n\n\n\n

A new public-key algorithm can be added to Bitcoin as a soft fork<\/a>. From the end-user perspective, this would appear as the creation of a new address type, and everyone would need to send their bitcoins to this new address type to achieve quantum security.((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The larger the quantum computer the simpler these encryption methods become to solve.<\/p>\n\n\n\n

The ledger that holds every transaction of bitcoin would also be at risk. If the ledger were to be attacked<\/a>, then it could be altered to accommodate fraudulent transactions or as stated above steal coins from wallets.<\/p>\n\n\n\n

Scientists from Sussex University published a paper<\/a>, finding that quantum computing is expected to break the SHA-256 encryption method currently utilized by Bitcoin, within the next decade.((https:\/\/avs.scitation.org\/doi\/10.1116\/5.0073075))<\/p>\n\n\n\n

Overcoming The Threat Of Quantum Computing To Bitcoin.<\/h2>\n\n\n\n

A new public-key algorithm can be added to Bitcoin as a soft fork<\/a>. From the end-user perspective, this would appear as the creation of a new address type, and everyone would need to send their bitcoins to this new address type to achieve quantum security.((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Modern computers would have to complete a computation of 2^128 to decrypt the private key associated with the private key - in turn allowing access to the said wallet. A large quantum computer would be able to decipher the private key from the public key with 128^3, a large amount of time but much less than modern computers. ((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

The larger the quantum computer the simpler these encryption methods become to solve.<\/p>\n\n\n\n

The ledger that holds every transaction of bitcoin would also be at risk. If the ledger were to be attacked<\/a>, then it could be altered to accommodate fraudulent transactions or as stated above steal coins from wallets.<\/p>\n\n\n\n

Scientists from Sussex University published a paper<\/a>, finding that quantum computing is expected to break the SHA-256 encryption method currently utilized by Bitcoin, within the next decade.((https:\/\/avs.scitation.org\/doi\/10.1116\/5.0073075))<\/p>\n\n\n\n

Overcoming The Threat Of Quantum Computing To Bitcoin.<\/h2>\n\n\n\n

A new public-key algorithm can be added to Bitcoin as a soft fork<\/a>. From the end-user perspective, this would appear as the creation of a new address type, and everyone would need to send their bitcoins to this new address type to achieve quantum security.((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The danger quantum computing has against Bitcoin is within the public key encryption system. <\/p>\n\n\n\n

Modern computers would have to complete a computation of 2^128 to decrypt the private key associated with the private key - in turn allowing access to the said wallet. A large quantum computer would be able to decipher the private key from the public key with 128^3, a large amount of time but much less than modern computers. ((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

The larger the quantum computer the simpler these encryption methods become to solve.<\/p>\n\n\n\n

The ledger that holds every transaction of bitcoin would also be at risk. If the ledger were to be attacked<\/a>, then it could be altered to accommodate fraudulent transactions or as stated above steal coins from wallets.<\/p>\n\n\n\n

Scientists from Sussex University published a paper<\/a>, finding that quantum computing is expected to break the SHA-256 encryption method currently utilized by Bitcoin, within the next decade.((https:\/\/avs.scitation.org\/doi\/10.1116\/5.0073075))<\/p>\n\n\n\n

Overcoming The Threat Of Quantum Computing To Bitcoin.<\/h2>\n\n\n\n

A new public-key algorithm can be added to Bitcoin as a soft fork<\/a>. From the end-user perspective, this would appear as the creation of a new address type, and everyone would need to send their bitcoins to this new address type to achieve quantum security.((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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ADVERTISEMENT
\n

Bitcoin is built upon a blockchain, which serves to record everything<\/a> that happens on it - in a public and transparent ledger<\/a>.<\/p>\n\n\n\n

The danger quantum computing has against Bitcoin is within the public key encryption system. <\/p>\n\n\n\n

Modern computers would have to complete a computation of 2^128 to decrypt the private key associated with the private key - in turn allowing access to the said wallet. A large quantum computer would be able to decipher the private key from the public key with 128^3, a large amount of time but much less than modern computers. ((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

The larger the quantum computer the simpler these encryption methods become to solve.<\/p>\n\n\n\n

The ledger that holds every transaction of bitcoin would also be at risk. If the ledger were to be attacked<\/a>, then it could be altered to accommodate fraudulent transactions or as stated above steal coins from wallets.<\/p>\n\n\n\n

Scientists from Sussex University published a paper<\/a>, finding that quantum computing is expected to break the SHA-256 encryption method currently utilized by Bitcoin, within the next decade.((https:\/\/avs.scitation.org\/doi\/10.1116\/5.0073075))<\/p>\n\n\n\n

Overcoming The Threat Of Quantum Computing To Bitcoin.<\/h2>\n\n\n\n

A new public-key algorithm can be added to Bitcoin as a soft fork<\/a>. From the end-user perspective, this would appear as the creation of a new address type, and everyone would need to send their bitcoins to this new address type to achieve quantum security.((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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ADVERTISEMENT
\n

How Would Quantum Computing Effect Bitcoin?<\/h2>\n\n\n\n

Bitcoin is built upon a blockchain, which serves to record everything<\/a> that happens on it - in a public and transparent ledger<\/a>.<\/p>\n\n\n\n

The danger quantum computing has against Bitcoin is within the public key encryption system. <\/p>\n\n\n\n

Modern computers would have to complete a computation of 2^128 to decrypt the private key associated with the private key - in turn allowing access to the said wallet. A large quantum computer would be able to decipher the private key from the public key with 128^3, a large amount of time but much less than modern computers. ((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

The larger the quantum computer the simpler these encryption methods become to solve.<\/p>\n\n\n\n

The ledger that holds every transaction of bitcoin would also be at risk. If the ledger were to be attacked<\/a>, then it could be altered to accommodate fraudulent transactions or as stated above steal coins from wallets.<\/p>\n\n\n\n

Scientists from Sussex University published a paper<\/a>, finding that quantum computing is expected to break the SHA-256 encryption method currently utilized by Bitcoin, within the next decade.((https:\/\/avs.scitation.org\/doi\/10.1116\/5.0073075))<\/p>\n\n\n\n

Overcoming The Threat Of Quantum Computing To Bitcoin.<\/h2>\n\n\n\n

A new public-key algorithm can be added to Bitcoin as a soft fork<\/a>. From the end-user perspective, this would appear as the creation of a new address type, and everyone would need to send their bitcoins to this new address type to achieve quantum security.((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The cryptography used to secure the Bitcoin network is SHA-256<\/a>. Designed to be impenetrable for modern computers, but not against quantum computers.<\/p>\n\n\n\n

How Would Quantum Computing Effect Bitcoin?<\/h2>\n\n\n\n

Bitcoin is built upon a blockchain, which serves to record everything<\/a> that happens on it - in a public and transparent ledger<\/a>.<\/p>\n\n\n\n

The danger quantum computing has against Bitcoin is within the public key encryption system. <\/p>\n\n\n\n

Modern computers would have to complete a computation of 2^128 to decrypt the private key associated with the private key - in turn allowing access to the said wallet. A large quantum computer would be able to decipher the private key from the public key with 128^3, a large amount of time but much less than modern computers. ((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

The larger the quantum computer the simpler these encryption methods become to solve.<\/p>\n\n\n\n

The ledger that holds every transaction of bitcoin would also be at risk. If the ledger were to be attacked<\/a>, then it could be altered to accommodate fraudulent transactions or as stated above steal coins from wallets.<\/p>\n\n\n\n

Scientists from Sussex University published a paper<\/a>, finding that quantum computing is expected to break the SHA-256 encryption method currently utilized by Bitcoin, within the next decade.((https:\/\/avs.scitation.org\/doi\/10.1116\/5.0073075))<\/p>\n\n\n\n

Overcoming The Threat Of Quantum Computing To Bitcoin.<\/h2>\n\n\n\n

A new public-key algorithm can be added to Bitcoin as a soft fork<\/a>. From the end-user perspective, this would appear as the creation of a new address type, and everyone would need to send their bitcoins to this new address type to achieve quantum security.((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Quantum computers use quantum mechanics to compute much faster than traditional computers. Large quantum computers would cause trouble for Bitcoin, though it would not be the end of it.<\/p>\n\n\n\n

The cryptography used to secure the Bitcoin network is SHA-256<\/a>. Designed to be impenetrable for modern computers, but not against quantum computers.<\/p>\n\n\n\n

How Would Quantum Computing Effect Bitcoin?<\/h2>\n\n\n\n

Bitcoin is built upon a blockchain, which serves to record everything<\/a> that happens on it - in a public and transparent ledger<\/a>.<\/p>\n\n\n\n

The danger quantum computing has against Bitcoin is within the public key encryption system. <\/p>\n\n\n\n

Modern computers would have to complete a computation of 2^128 to decrypt the private key associated with the private key - in turn allowing access to the said wallet. A large quantum computer would be able to decipher the private key from the public key with 128^3, a large amount of time but much less than modern computers. ((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

The larger the quantum computer the simpler these encryption methods become to solve.<\/p>\n\n\n\n

The ledger that holds every transaction of bitcoin would also be at risk. If the ledger were to be attacked<\/a>, then it could be altered to accommodate fraudulent transactions or as stated above steal coins from wallets.<\/p>\n\n\n\n

Scientists from Sussex University published a paper<\/a>, finding that quantum computing is expected to break the SHA-256 encryption method currently utilized by Bitcoin, within the next decade.((https:\/\/avs.scitation.org\/doi\/10.1116\/5.0073075))<\/p>\n\n\n\n

Overcoming The Threat Of Quantum Computing To Bitcoin.<\/h2>\n\n\n\n

A new public-key algorithm can be added to Bitcoin as a soft fork<\/a>. From the end-user perspective, this would appear as the creation of a new address type, and everyone would need to send their bitcoins to this new address type to achieve quantum security.((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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\n

--> The sale takes place on the 8th Of February, with over 2000 people signed up to witness the first sale of a house as an NFT in the U.S.<\/p>\n","post_title":"Florida Home Listed For Sale, As An NFT","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"florida-home-listed-for-sale-as-an-nft","to_ping":"","pinged":"","post_modified":"2022-02-16 21:44:00","post_modified_gmt":"2022-02-16 10:44:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3398","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3390,"post_author":"1","post_date":"2022-02-06 03:07:40","post_date_gmt":"2022-02-05 16:07:40","post_content":"\n

Quantum computers use quantum mechanics to compute much faster than traditional computers. Large quantum computers would cause trouble for Bitcoin, though it would not be the end of it.<\/p>\n\n\n\n

The cryptography used to secure the Bitcoin network is SHA-256<\/a>. Designed to be impenetrable for modern computers, but not against quantum computers.<\/p>\n\n\n\n

How Would Quantum Computing Effect Bitcoin?<\/h2>\n\n\n\n

Bitcoin is built upon a blockchain, which serves to record everything<\/a> that happens on it - in a public and transparent ledger<\/a>.<\/p>\n\n\n\n

The danger quantum computing has against Bitcoin is within the public key encryption system. <\/p>\n\n\n\n

Modern computers would have to complete a computation of 2^128 to decrypt the private key associated with the private key - in turn allowing access to the said wallet. A large quantum computer would be able to decipher the private key from the public key with 128^3, a large amount of time but much less than modern computers. ((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

The larger the quantum computer the simpler these encryption methods become to solve.<\/p>\n\n\n\n

The ledger that holds every transaction of bitcoin would also be at risk. If the ledger were to be attacked<\/a>, then it could be altered to accommodate fraudulent transactions or as stated above steal coins from wallets.<\/p>\n\n\n\n

Scientists from Sussex University published a paper<\/a>, finding that quantum computing is expected to break the SHA-256 encryption method currently utilized by Bitcoin, within the next decade.((https:\/\/avs.scitation.org\/doi\/10.1116\/5.0073075))<\/p>\n\n\n\n

Overcoming The Threat Of Quantum Computing To Bitcoin.<\/h2>\n\n\n\n

A new public-key algorithm can be added to Bitcoin as a soft fork<\/a>. From the end-user perspective, this would appear as the creation of a new address type, and everyone would need to send their bitcoins to this new address type to achieve quantum security.((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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ADVERTISEMENT
\n
<\/div>\n\n\n\n

--> The sale takes place on the 8th Of February, with over 2000 people signed up to witness the first sale of a house as an NFT in the U.S.<\/p>\n","post_title":"Florida Home Listed For Sale, As An NFT","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"florida-home-listed-for-sale-as-an-nft","to_ping":"","pinged":"","post_modified":"2022-02-16 21:44:00","post_modified_gmt":"2022-02-16 10:44:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3398","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3390,"post_author":"1","post_date":"2022-02-06 03:07:40","post_date_gmt":"2022-02-05 16:07:40","post_content":"\n

Quantum computers use quantum mechanics to compute much faster than traditional computers. Large quantum computers would cause trouble for Bitcoin, though it would not be the end of it.<\/p>\n\n\n\n

The cryptography used to secure the Bitcoin network is SHA-256<\/a>. Designed to be impenetrable for modern computers, but not against quantum computers.<\/p>\n\n\n\n

How Would Quantum Computing Effect Bitcoin?<\/h2>\n\n\n\n

Bitcoin is built upon a blockchain, which serves to record everything<\/a> that happens on it - in a public and transparent ledger<\/a>.<\/p>\n\n\n\n

The danger quantum computing has against Bitcoin is within the public key encryption system. <\/p>\n\n\n\n

Modern computers would have to complete a computation of 2^128 to decrypt the private key associated with the private key - in turn allowing access to the said wallet. A large quantum computer would be able to decipher the private key from the public key with 128^3, a large amount of time but much less than modern computers. ((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

The larger the quantum computer the simpler these encryption methods become to solve.<\/p>\n\n\n\n

The ledger that holds every transaction of bitcoin would also be at risk. If the ledger were to be attacked<\/a>, then it could be altered to accommodate fraudulent transactions or as stated above steal coins from wallets.<\/p>\n\n\n\n

Scientists from Sussex University published a paper<\/a>, finding that quantum computing is expected to break the SHA-256 encryption method currently utilized by Bitcoin, within the next decade.((https:\/\/avs.scitation.org\/doi\/10.1116\/5.0073075))<\/p>\n\n\n\n

Overcoming The Threat Of Quantum Computing To Bitcoin.<\/h2>\n\n\n\n

A new public-key algorithm can be added to Bitcoin as a soft fork<\/a>. From the end-user perspective, this would appear as the creation of a new address type, and everyone would need to send their bitcoins to this new address type to achieve quantum security.((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT

\n

Any purchase of a property must be recorded in the county's recorders office, this is to facilitate the transfer of ownership rights. A legal entity must exist to transfer the property to, which is where NFTs are used in more public scenes, representing an LLC.<\/p>\n\n\n\n

<\/div>\n\n\n\n

--> The sale takes place on the 8th Of February, with over 2000 people signed up to witness the first sale of a house as an NFT in the U.S.<\/p>\n","post_title":"Florida Home Listed For Sale, As An NFT","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"florida-home-listed-for-sale-as-an-nft","to_ping":"","pinged":"","post_modified":"2022-02-16 21:44:00","post_modified_gmt":"2022-02-16 10:44:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3398","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3390,"post_author":"1","post_date":"2022-02-06 03:07:40","post_date_gmt":"2022-02-05 16:07:40","post_content":"\n

Quantum computers use quantum mechanics to compute much faster than traditional computers. Large quantum computers would cause trouble for Bitcoin, though it would not be the end of it.<\/p>\n\n\n\n

The cryptography used to secure the Bitcoin network is SHA-256<\/a>. Designed to be impenetrable for modern computers, but not against quantum computers.<\/p>\n\n\n\n

How Would Quantum Computing Effect Bitcoin?<\/h2>\n\n\n\n

Bitcoin is built upon a blockchain, which serves to record everything<\/a> that happens on it - in a public and transparent ledger<\/a>.<\/p>\n\n\n\n

The danger quantum computing has against Bitcoin is within the public key encryption system. <\/p>\n\n\n\n

Modern computers would have to complete a computation of 2^128 to decrypt the private key associated with the private key - in turn allowing access to the said wallet. A large quantum computer would be able to decipher the private key from the public key with 128^3, a large amount of time but much less than modern computers. ((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

The larger the quantum computer the simpler these encryption methods become to solve.<\/p>\n\n\n\n

The ledger that holds every transaction of bitcoin would also be at risk. If the ledger were to be attacked<\/a>, then it could be altered to accommodate fraudulent transactions or as stated above steal coins from wallets.<\/p>\n\n\n\n

Scientists from Sussex University published a paper<\/a>, finding that quantum computing is expected to break the SHA-256 encryption method currently utilized by Bitcoin, within the next decade.((https:\/\/avs.scitation.org\/doi\/10.1116\/5.0073075))<\/p>\n\n\n\n

Overcoming The Threat Of Quantum Computing To Bitcoin.<\/h2>\n\n\n\n

A new public-key algorithm can be added to Bitcoin as a soft fork<\/a>. From the end-user perspective, this would appear as the creation of a new address type, and everyone would need to send their bitcoins to this new address type to achieve quantum security.((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT

\n

The legal landscape of asset ownership has had to evolve quickly in the past few years to accommodate the adoption of digital assets, and this is no exception. <\/p>\n\n\n\n

Any purchase of a property must be recorded in the county's recorders office, this is to facilitate the transfer of ownership rights. A legal entity must exist to transfer the property to, which is where NFTs are used in more public scenes, representing an LLC.<\/p>\n\n\n\n

<\/div>\n\n\n\n

--> The sale takes place on the 8th Of February, with over 2000 people signed up to witness the first sale of a house as an NFT in the U.S.<\/p>\n","post_title":"Florida Home Listed For Sale, As An NFT","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"florida-home-listed-for-sale-as-an-nft","to_ping":"","pinged":"","post_modified":"2022-02-16 21:44:00","post_modified_gmt":"2022-02-16 10:44:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3398","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3390,"post_author":"1","post_date":"2022-02-06 03:07:40","post_date_gmt":"2022-02-05 16:07:40","post_content":"\n

Quantum computers use quantum mechanics to compute much faster than traditional computers. Large quantum computers would cause trouble for Bitcoin, though it would not be the end of it.<\/p>\n\n\n\n

The cryptography used to secure the Bitcoin network is SHA-256<\/a>. Designed to be impenetrable for modern computers, but not against quantum computers.<\/p>\n\n\n\n

How Would Quantum Computing Effect Bitcoin?<\/h2>\n\n\n\n

Bitcoin is built upon a blockchain, which serves to record everything<\/a> that happens on it - in a public and transparent ledger<\/a>.<\/p>\n\n\n\n

The danger quantum computing has against Bitcoin is within the public key encryption system. <\/p>\n\n\n\n

Modern computers would have to complete a computation of 2^128 to decrypt the private key associated with the private key - in turn allowing access to the said wallet. A large quantum computer would be able to decipher the private key from the public key with 128^3, a large amount of time but much less than modern computers. ((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

The larger the quantum computer the simpler these encryption methods become to solve.<\/p>\n\n\n\n

The ledger that holds every transaction of bitcoin would also be at risk. If the ledger were to be attacked<\/a>, then it could be altered to accommodate fraudulent transactions or as stated above steal coins from wallets.<\/p>\n\n\n\n

Scientists from Sussex University published a paper<\/a>, finding that quantum computing is expected to break the SHA-256 encryption method currently utilized by Bitcoin, within the next decade.((https:\/\/avs.scitation.org\/doi\/10.1116\/5.0073075))<\/p>\n\n\n\n

Overcoming The Threat Of Quantum Computing To Bitcoin.<\/h2>\n\n\n\n

A new public-key algorithm can be added to Bitcoin as a soft fork<\/a>. From the end-user perspective, this would appear as the creation of a new address type, and everyone would need to send their bitcoins to this new address type to achieve quantum security.((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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ADVERTISEMENT

\n

Whats The Paperwork Like?<\/h2>\n\n\n\n

The legal landscape of asset ownership has had to evolve quickly in the past few years to accommodate the adoption of digital assets, and this is no exception. <\/p>\n\n\n\n

Any purchase of a property must be recorded in the county's recorders office, this is to facilitate the transfer of ownership rights. A legal entity must exist to transfer the property to, which is where NFTs are used in more public scenes, representing an LLC.<\/p>\n\n\n\n

<\/div>\n\n\n\n

--> The sale takes place on the 8th Of February, with over 2000 people signed up to witness the first sale of a house as an NFT in the U.S.<\/p>\n","post_title":"Florida Home Listed For Sale, As An NFT","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"florida-home-listed-for-sale-as-an-nft","to_ping":"","pinged":"","post_modified":"2022-02-16 21:44:00","post_modified_gmt":"2022-02-16 10:44:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3398","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3390,"post_author":"1","post_date":"2022-02-06 03:07:40","post_date_gmt":"2022-02-05 16:07:40","post_content":"\n

Quantum computers use quantum mechanics to compute much faster than traditional computers. Large quantum computers would cause trouble for Bitcoin, though it would not be the end of it.<\/p>\n\n\n\n

The cryptography used to secure the Bitcoin network is SHA-256<\/a>. Designed to be impenetrable for modern computers, but not against quantum computers.<\/p>\n\n\n\n

How Would Quantum Computing Effect Bitcoin?<\/h2>\n\n\n\n

Bitcoin is built upon a blockchain, which serves to record everything<\/a> that happens on it - in a public and transparent ledger<\/a>.<\/p>\n\n\n\n

The danger quantum computing has against Bitcoin is within the public key encryption system. <\/p>\n\n\n\n

Modern computers would have to complete a computation of 2^128 to decrypt the private key associated with the private key - in turn allowing access to the said wallet. A large quantum computer would be able to decipher the private key from the public key with 128^3, a large amount of time but much less than modern computers. ((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

The larger the quantum computer the simpler these encryption methods become to solve.<\/p>\n\n\n\n

The ledger that holds every transaction of bitcoin would also be at risk. If the ledger were to be attacked<\/a>, then it could be altered to accommodate fraudulent transactions or as stated above steal coins from wallets.<\/p>\n\n\n\n

Scientists from Sussex University published a paper<\/a>, finding that quantum computing is expected to break the SHA-256 encryption method currently utilized by Bitcoin, within the next decade.((https:\/\/avs.scitation.org\/doi\/10.1116\/5.0073075))<\/p>\n\n\n\n

Overcoming The Threat Of Quantum Computing To Bitcoin.<\/h2>\n\n\n\n

A new public-key algorithm can be added to Bitcoin as a soft fork<\/a>. From the end-user perspective, this would appear as the creation of a new address type, and everyone would need to send their bitcoins to this new address type to achieve quantum security.((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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\n

\u201cIs this just hype or is there a real world application? (The auction) is really to stimulate conversation,\u201d<\/em><\/strong><\/p>Leslie Alessandra on Tampa Bay Times<\/a><\/cite><\/blockquote>\n\n\n\n

Whats The Paperwork Like?<\/h2>\n\n\n\n

The legal landscape of asset ownership has had to evolve quickly in the past few years to accommodate the adoption of digital assets, and this is no exception. <\/p>\n\n\n\n

Any purchase of a property must be recorded in the county's recorders office, this is to facilitate the transfer of ownership rights. A legal entity must exist to transfer the property to, which is where NFTs are used in more public scenes, representing an LLC.<\/p>\n\n\n\n

<\/div>\n\n\n\n

--> The sale takes place on the 8th Of February, with over 2000 people signed up to witness the first sale of a house as an NFT in the U.S.<\/p>\n","post_title":"Florida Home Listed For Sale, As An NFT","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"florida-home-listed-for-sale-as-an-nft","to_ping":"","pinged":"","post_modified":"2022-02-16 21:44:00","post_modified_gmt":"2022-02-16 10:44:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3398","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3390,"post_author":"1","post_date":"2022-02-06 03:07:40","post_date_gmt":"2022-02-05 16:07:40","post_content":"\n

Quantum computers use quantum mechanics to compute much faster than traditional computers. Large quantum computers would cause trouble for Bitcoin, though it would not be the end of it.<\/p>\n\n\n\n

The cryptography used to secure the Bitcoin network is SHA-256<\/a>. Designed to be impenetrable for modern computers, but not against quantum computers.<\/p>\n\n\n\n

How Would Quantum Computing Effect Bitcoin?<\/h2>\n\n\n\n

Bitcoin is built upon a blockchain, which serves to record everything<\/a> that happens on it - in a public and transparent ledger<\/a>.<\/p>\n\n\n\n

The danger quantum computing has against Bitcoin is within the public key encryption system. <\/p>\n\n\n\n

Modern computers would have to complete a computation of 2^128 to decrypt the private key associated with the private key - in turn allowing access to the said wallet. A large quantum computer would be able to decipher the private key from the public key with 128^3, a large amount of time but much less than modern computers. ((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

The larger the quantum computer the simpler these encryption methods become to solve.<\/p>\n\n\n\n

The ledger that holds every transaction of bitcoin would also be at risk. If the ledger were to be attacked<\/a>, then it could be altered to accommodate fraudulent transactions or as stated above steal coins from wallets.<\/p>\n\n\n\n

Scientists from Sussex University published a paper<\/a>, finding that quantum computing is expected to break the SHA-256 encryption method currently utilized by Bitcoin, within the next decade.((https:\/\/avs.scitation.org\/doi\/10.1116\/5.0073075))<\/p>\n\n\n\n

Overcoming The Threat Of Quantum Computing To Bitcoin.<\/h2>\n\n\n\n

A new public-key algorithm can be added to Bitcoin as a soft fork<\/a>. From the end-user perspective, this would appear as the creation of a new address type, and everyone would need to send their bitcoins to this new address type to achieve quantum security.((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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\n

The current owner of the property, Leslie Alessandra, stated she chose to list the home as an NFT to demonstrate the use of evolving technology. <\/p>\n\n\n\n

\u201cIs this just hype or is there a real world application? (The auction) is really to stimulate conversation,\u201d<\/em><\/strong><\/p>Leslie Alessandra on Tampa Bay Times<\/a><\/cite><\/blockquote>\n\n\n\n

Whats The Paperwork Like?<\/h2>\n\n\n\n

The legal landscape of asset ownership has had to evolve quickly in the past few years to accommodate the adoption of digital assets, and this is no exception. <\/p>\n\n\n\n

Any purchase of a property must be recorded in the county's recorders office, this is to facilitate the transfer of ownership rights. A legal entity must exist to transfer the property to, which is where NFTs are used in more public scenes, representing an LLC.<\/p>\n\n\n\n

<\/div>\n\n\n\n

--> The sale takes place on the 8th Of February, with over 2000 people signed up to witness the first sale of a house as an NFT in the U.S.<\/p>\n","post_title":"Florida Home Listed For Sale, As An NFT","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"florida-home-listed-for-sale-as-an-nft","to_ping":"","pinged":"","post_modified":"2022-02-16 21:44:00","post_modified_gmt":"2022-02-16 10:44:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3398","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3390,"post_author":"1","post_date":"2022-02-06 03:07:40","post_date_gmt":"2022-02-05 16:07:40","post_content":"\n

Quantum computers use quantum mechanics to compute much faster than traditional computers. Large quantum computers would cause trouble for Bitcoin, though it would not be the end of it.<\/p>\n\n\n\n

The cryptography used to secure the Bitcoin network is SHA-256<\/a>. Designed to be impenetrable for modern computers, but not against quantum computers.<\/p>\n\n\n\n

How Would Quantum Computing Effect Bitcoin?<\/h2>\n\n\n\n

Bitcoin is built upon a blockchain, which serves to record everything<\/a> that happens on it - in a public and transparent ledger<\/a>.<\/p>\n\n\n\n

The danger quantum computing has against Bitcoin is within the public key encryption system. <\/p>\n\n\n\n

Modern computers would have to complete a computation of 2^128 to decrypt the private key associated with the private key - in turn allowing access to the said wallet. A large quantum computer would be able to decipher the private key from the public key with 128^3, a large amount of time but much less than modern computers. ((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

The larger the quantum computer the simpler these encryption methods become to solve.<\/p>\n\n\n\n

The ledger that holds every transaction of bitcoin would also be at risk. If the ledger were to be attacked<\/a>, then it could be altered to accommodate fraudulent transactions or as stated above steal coins from wallets.<\/p>\n\n\n\n

Scientists from Sussex University published a paper<\/a>, finding that quantum computing is expected to break the SHA-256 encryption method currently utilized by Bitcoin, within the next decade.((https:\/\/avs.scitation.org\/doi\/10.1116\/5.0073075))<\/p>\n\n\n\n

Overcoming The Threat Of Quantum Computing To Bitcoin.<\/h2>\n\n\n\n

A new public-key algorithm can be added to Bitcoin as a soft fork<\/a>. From the end-user perspective, this would appear as the creation of a new address type, and everyone would need to send their bitcoins to this new address type to achieve quantum security.((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT

\n

Why Sell A Property As An NFT?<\/h2>\n\n\n\n

The current owner of the property, Leslie Alessandra, stated she chose to list the home as an NFT to demonstrate the use of evolving technology. <\/p>\n\n\n\n

\u201cIs this just hype or is there a real world application? (The auction) is really to stimulate conversation,\u201d<\/em><\/strong><\/p>Leslie Alessandra on Tampa Bay Times<\/a><\/cite><\/blockquote>\n\n\n\n

Whats The Paperwork Like?<\/h2>\n\n\n\n

The legal landscape of asset ownership has had to evolve quickly in the past few years to accommodate the adoption of digital assets, and this is no exception. <\/p>\n\n\n\n

Any purchase of a property must be recorded in the county's recorders office, this is to facilitate the transfer of ownership rights. A legal entity must exist to transfer the property to, which is where NFTs are used in more public scenes, representing an LLC.<\/p>\n\n\n\n

<\/div>\n\n\n\n

--> The sale takes place on the 8th Of February, with over 2000 people signed up to witness the first sale of a house as an NFT in the U.S.<\/p>\n","post_title":"Florida Home Listed For Sale, As An NFT","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"florida-home-listed-for-sale-as-an-nft","to_ping":"","pinged":"","post_modified":"2022-02-16 21:44:00","post_modified_gmt":"2022-02-16 10:44:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3398","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3390,"post_author":"1","post_date":"2022-02-06 03:07:40","post_date_gmt":"2022-02-05 16:07:40","post_content":"\n

Quantum computers use quantum mechanics to compute much faster than traditional computers. Large quantum computers would cause trouble for Bitcoin, though it would not be the end of it.<\/p>\n\n\n\n

The cryptography used to secure the Bitcoin network is SHA-256<\/a>. Designed to be impenetrable for modern computers, but not against quantum computers.<\/p>\n\n\n\n

How Would Quantum Computing Effect Bitcoin?<\/h2>\n\n\n\n

Bitcoin is built upon a blockchain, which serves to record everything<\/a> that happens on it - in a public and transparent ledger<\/a>.<\/p>\n\n\n\n

The danger quantum computing has against Bitcoin is within the public key encryption system. <\/p>\n\n\n\n

Modern computers would have to complete a computation of 2^128 to decrypt the private key associated with the private key - in turn allowing access to the said wallet. A large quantum computer would be able to decipher the private key from the public key with 128^3, a large amount of time but much less than modern computers. ((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

The larger the quantum computer the simpler these encryption methods become to solve.<\/p>\n\n\n\n

The ledger that holds every transaction of bitcoin would also be at risk. If the ledger were to be attacked<\/a>, then it could be altered to accommodate fraudulent transactions or as stated above steal coins from wallets.<\/p>\n\n\n\n

Scientists from Sussex University published a paper<\/a>, finding that quantum computing is expected to break the SHA-256 encryption method currently utilized by Bitcoin, within the next decade.((https:\/\/avs.scitation.org\/doi\/10.1116\/5.0073075))<\/p>\n\n\n\n

Overcoming The Threat Of Quantum Computing To Bitcoin.<\/h2>\n\n\n\n

A new public-key algorithm can be added to Bitcoin as a soft fork<\/a>. From the end-user perspective, this would appear as the creation of a new address type, and everyone would need to send their bitcoins to this new address type to achieve quantum security.((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT

\n

This will be the second property to be sold as an NFT by Propy, following the sale<\/a> of TechCrunch founder, Micheal Arrington's, Kyiv Apartment for 36 ETH.<\/p>\n\n\n\n

Why Sell A Property As An NFT?<\/h2>\n\n\n\n

The current owner of the property, Leslie Alessandra, stated she chose to list the home as an NFT to demonstrate the use of evolving technology. <\/p>\n\n\n\n

\u201cIs this just hype or is there a real world application? (The auction) is really to stimulate conversation,\u201d<\/em><\/strong><\/p>Leslie Alessandra on Tampa Bay Times<\/a><\/cite><\/blockquote>\n\n\n\n

Whats The Paperwork Like?<\/h2>\n\n\n\n

The legal landscape of asset ownership has had to evolve quickly in the past few years to accommodate the adoption of digital assets, and this is no exception. <\/p>\n\n\n\n

Any purchase of a property must be recorded in the county's recorders office, this is to facilitate the transfer of ownership rights. A legal entity must exist to transfer the property to, which is where NFTs are used in more public scenes, representing an LLC.<\/p>\n\n\n\n

<\/div>\n\n\n\n

--> The sale takes place on the 8th Of February, with over 2000 people signed up to witness the first sale of a house as an NFT in the U.S.<\/p>\n","post_title":"Florida Home Listed For Sale, As An NFT","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"florida-home-listed-for-sale-as-an-nft","to_ping":"","pinged":"","post_modified":"2022-02-16 21:44:00","post_modified_gmt":"2022-02-16 10:44:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3398","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3390,"post_author":"1","post_date":"2022-02-06 03:07:40","post_date_gmt":"2022-02-05 16:07:40","post_content":"\n

Quantum computers use quantum mechanics to compute much faster than traditional computers. Large quantum computers would cause trouble for Bitcoin, though it would not be the end of it.<\/p>\n\n\n\n

The cryptography used to secure the Bitcoin network is SHA-256<\/a>. Designed to be impenetrable for modern computers, but not against quantum computers.<\/p>\n\n\n\n

How Would Quantum Computing Effect Bitcoin?<\/h2>\n\n\n\n

Bitcoin is built upon a blockchain, which serves to record everything<\/a> that happens on it - in a public and transparent ledger<\/a>.<\/p>\n\n\n\n

The danger quantum computing has against Bitcoin is within the public key encryption system. <\/p>\n\n\n\n

Modern computers would have to complete a computation of 2^128 to decrypt the private key associated with the private key - in turn allowing access to the said wallet. A large quantum computer would be able to decipher the private key from the public key with 128^3, a large amount of time but much less than modern computers. ((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

The larger the quantum computer the simpler these encryption methods become to solve.<\/p>\n\n\n\n

The ledger that holds every transaction of bitcoin would also be at risk. If the ledger were to be attacked<\/a>, then it could be altered to accommodate fraudulent transactions or as stated above steal coins from wallets.<\/p>\n\n\n\n

Scientists from Sussex University published a paper<\/a>, finding that quantum computing is expected to break the SHA-256 encryption method currently utilized by Bitcoin, within the next decade.((https:\/\/avs.scitation.org\/doi\/10.1116\/5.0073075))<\/p>\n\n\n\n

Overcoming The Threat Of Quantum Computing To Bitcoin.<\/h2>\n\n\n\n

A new public-key algorithm can be added to Bitcoin as a soft fork<\/a>. From the end-user perspective, this would appear as the creation of a new address type, and everyone would need to send their bitcoins to this new address type to achieve quantum security.((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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\n

A home in Gulfport, Florida will be auctioned off as an NFT. Real Estate Technology company, Propy<\/a>, will be minting the property through a digital auction<\/a>. The NFT will hold the rights to the house, in a digital form, while also serving as the LLC. This will protect the rights and ownership of the property. <\/p>\n\n\n\n

This will be the second property to be sold as an NFT by Propy, following the sale<\/a> of TechCrunch founder, Micheal Arrington's, Kyiv Apartment for 36 ETH.<\/p>\n\n\n\n

Why Sell A Property As An NFT?<\/h2>\n\n\n\n

The current owner of the property, Leslie Alessandra, stated she chose to list the home as an NFT to demonstrate the use of evolving technology. <\/p>\n\n\n\n

\u201cIs this just hype or is there a real world application? (The auction) is really to stimulate conversation,\u201d<\/em><\/strong><\/p>Leslie Alessandra on Tampa Bay Times<\/a><\/cite><\/blockquote>\n\n\n\n

Whats The Paperwork Like?<\/h2>\n\n\n\n

The legal landscape of asset ownership has had to evolve quickly in the past few years to accommodate the adoption of digital assets, and this is no exception. <\/p>\n\n\n\n

Any purchase of a property must be recorded in the county's recorders office, this is to facilitate the transfer of ownership rights. A legal entity must exist to transfer the property to, which is where NFTs are used in more public scenes, representing an LLC.<\/p>\n\n\n\n

<\/div>\n\n\n\n

--> The sale takes place on the 8th Of February, with over 2000 people signed up to witness the first sale of a house as an NFT in the U.S.<\/p>\n","post_title":"Florida Home Listed For Sale, As An NFT","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"florida-home-listed-for-sale-as-an-nft","to_ping":"","pinged":"","post_modified":"2022-02-16 21:44:00","post_modified_gmt":"2022-02-16 10:44:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3398","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3390,"post_author":"1","post_date":"2022-02-06 03:07:40","post_date_gmt":"2022-02-05 16:07:40","post_content":"\n

Quantum computers use quantum mechanics to compute much faster than traditional computers. Large quantum computers would cause trouble for Bitcoin, though it would not be the end of it.<\/p>\n\n\n\n

The cryptography used to secure the Bitcoin network is SHA-256<\/a>. Designed to be impenetrable for modern computers, but not against quantum computers.<\/p>\n\n\n\n

How Would Quantum Computing Effect Bitcoin?<\/h2>\n\n\n\n

Bitcoin is built upon a blockchain, which serves to record everything<\/a> that happens on it - in a public and transparent ledger<\/a>.<\/p>\n\n\n\n

The danger quantum computing has against Bitcoin is within the public key encryption system. <\/p>\n\n\n\n

Modern computers would have to complete a computation of 2^128 to decrypt the private key associated with the private key - in turn allowing access to the said wallet. A large quantum computer would be able to decipher the private key from the public key with 128^3, a large amount of time but much less than modern computers. ((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

The larger the quantum computer the simpler these encryption methods become to solve.<\/p>\n\n\n\n

The ledger that holds every transaction of bitcoin would also be at risk. If the ledger were to be attacked<\/a>, then it could be altered to accommodate fraudulent transactions or as stated above steal coins from wallets.<\/p>\n\n\n\n

Scientists from Sussex University published a paper<\/a>, finding that quantum computing is expected to break the SHA-256 encryption method currently utilized by Bitcoin, within the next decade.((https:\/\/avs.scitation.org\/doi\/10.1116\/5.0073075))<\/p>\n\n\n\n

Overcoming The Threat Of Quantum Computing To Bitcoin.<\/h2>\n\n\n\n

A new public-key algorithm can be added to Bitcoin as a soft fork<\/a>. From the end-user perspective, this would appear as the creation of a new address type, and everyone would need to send their bitcoins to this new address type to achieve quantum security.((https:\/\/en.bitcoin.it\/wiki\/Quantum_computing_and_Bitcoin)) <\/p>\n\n\n\n

Encryption methods would develop in unison with computational power. So despite quantum computing breaking down current encryption methods, it would open the door for quantum encryption. The larger the quantum computer, the more powerful the quantum encryption will be.<\/p>\n\n\n\n

Accommodating cryptography to secure a network against quantum computing is a problem that is yet to affect anyone, but if it is left for too long it will affect everyone. <\/p>\n\n\n\n

In turn, the developments in quantum computing could speed up progress towards securing Bitcoin for the long term, with this Bitcoin will survive quantum computing.<\/p>\n\n\n\n

<\/p>\n","post_title":"Could Quantum Computing Decipher Bitcoin Within The Next Decade?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"could-quantum-computing-decipher-bitcoin-within-the-next-decade","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/distributed-ledger-technology\/\nhttps:\/\/www.thedistributed.co\/what-is-the-sha-256-algorithm\/","post_modified":"2022-05-28 00:46:01","post_modified_gmt":"2022-05-27 14:46:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3390","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3365,"post_author":"1","post_date":"2022-02-03 22:56:13","post_date_gmt":"2022-02-03 11:56:13","post_content":"\n

Shiba Inu's anonymous developer, Shytoshi Kusama, wrote an article<\/a> on medium.com introducing the new Shiba Inu fast-food chain.<\/p>\n\n\n\n

The restaurant was launched in Naples, Italy for anyone to come and visit, solidifying Shiba Inu into real-life projects.<\/p>\n\n\n\n

$SHIB will be used as a means of payment at the store, along with FIAT. Rival $DOGE could be a possible payment option in the future.<\/p>\n\n\n\n

Kusama claims that the obscure restaurant is known for \u201cextremely high-quality food.\u201d The restaurant will have healthy food options:<\/p>\n\n\n\n

Welly\u2019s is a \u201cburger joint\u201d but we understand the importance of having vegetarian, vegan, and \u201chealthy\u201d fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.  <\/em><\/strong><\/p>Shytoshi Kusama on medium.com<\/cite><\/blockquote>\n\n\n\n

--> You can try out the SHIB x WELLY's burger chain at Sannazaro, 4, 80122 Napoli, IT.<\/p>\n","post_title":"SHIB x WELLY's: A Shiba Inu Fast-Food Chain","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shib-x-wellys-a-shiba-inu-fast-food-chain","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:02","post_modified_gmt":"2023-04-11 02:56:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3365","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n

After the introduction of a 30% tax<\/a> on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.<\/p>\n\n\n\n

People were quick to react to the news, sparking a petition<\/a> against the major tax increase, \"Government of India: Introduce Reasonable Crypto Tax Policies\". <\/p>\n\n\n\n

With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\n

\"\"
Source: Change.org<\/em>
<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n

T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n

\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n

Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n

The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n

The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n

Regulate, Rather Than Ban<\/h2>\n\n\n\n

After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n

Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3345,"post_author":"1","post_date":"2022-02-01 21:04:39","post_date_gmt":"2022-02-01 10:04:39","post_content":"\n

A recent report from NYDIG found that the transactional volume within the Bitcoin network was higher than well-known card networks including American Express in 2021.<\/p>\n\n\n\n

The\u00a0report<\/a>\u00a0was published on January 28th, 2022 by Greg Cipolaro the global head of research, and Ethan Kochav a research analyst at NYDIG<\/a> shared that Bitcoin had processed more than $3 Trillion in 2022. Exceeding both American Express at $1.3 Trillion and Discover at $0.5 Trillion - a huge milestone for the cryptocurrency.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThis is astonishing growth, in our opinion, for a payment network that just had its 13th birthday,\u201d<\/em><\/strong><\/p> Greg Cipolaro and Ethan Kochav<\/cite><\/blockquote>\n\n\n\n

The statistics show another journey to surpass the likes of Mastercard and Visa, but with Bitcoin's superior rates of growth compared to every single card network, it may be a short road to travel.<\/p>\n\n\n\n

Although Bitcoin\u2019s growth in transaction volume has not always been linear year-on-year, Greg Cipolaro and Kochav said that it has \u201ckept up at a torrid pace when looking at 5-year compound annual growth rates.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The report incorporates \"intra-entity exchanges,\" which are exchanges between addresses inside a similar wallet or possessed by a similar association. For instance, this may apply to an exchange that is, every now and again, moving Bitcoin around between various addresses. <\/p>\n\n\n\n

In this way, as such, take the $3-trillion figure with a grain of salt.<\/p>\n\n\n\n

<\/p>\n","post_title":"American Express Annual Transactions Surpassed By Bitcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"american-express-annual-transactions-surpassed-by-bitcoin","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:17","post_modified_gmt":"2023-04-30 11:40:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3345","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3341,"post_author":"1","post_date":"2022-01-31 22:09:02","post_date_gmt":"2022-01-31 11:09:02","post_content":"\n

The Russian Government has started the development of a guide that will present limitations on cryptocurrencies.<\/p>\n\n\n\n

The roadmap presented by the Russian Government and approved by Deputy Chairman Dmitry Chernyshenko will work to ease the adoption of cryptocurrencies while halting financial instability. <\/p>\n\n\n\n

It will seek to provide a regulatory framework within the cryptocurrency markets having with an emphasis on violations and dangers within the industry.<\/p>\n\n\n\n

The roadmap goes against the recently proposed blanket ban on cryptocurrencies - as per the Russian Central Bank. Suggesting that crypto-related activities such as payments, exchange, and mining be banned, as it risks financial stability for the citizens of the nation.<\/p>\n\n\n\n

What Do Russia's Regulations Entail?<\/h2>\n\n\n\n

The National Bank, through this guide, advocates having an administrative and prohibitive system for cryptocurrencies. This change of position comes after Putin demanded showing up at an agreement in regards to this.<\/p>\n\n\n\n

Putin has recognized that, although cryptocurrencies convey a specific measure of hazard coming from its volatility, digital currency mining guarantees a ton of upper hand to the country.<\/p>\n\n\n\n

Since Russia enjoys the benefit of having the option to give cheap power, it will remain the third-biggest country for crypto mining.<\/p>\n\n\n\n

\"Regulation will only provide the transparency that will ensure the protection of citizens.\"<\/strong><\/em><\/p>Ivan Chebeskov, Head Of The Financial Policy Department<\/cite><\/blockquote>\n\n\n\n

<\/p>\n","post_title":"Will Russia Ban Bitcoin? Likely Not; Here's Why...","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"will-russia-ban-bitcoin-likely-not-heres-why","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:24","post_modified_gmt":"2023-04-11 02:56:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3341","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3175,"post_author":"1","post_date":"2022-01-15 23:59:41","post_date_gmt":"2022-01-15 12:59:41","post_content":"\n

A recent poll, surveyed by Ethereum co-founder Vitalik Buterin<\/a> found that from over 600,000 votes Cardano is the most preferred cryptocurrency as an alternative to Ethereum. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/VitalikButerin\/status\/1481738461417672704\n<\/div><\/figure>\n\n\n\n

The original tweet was followed by a secondary poll where TRON was the favorite. The tweet had mixed reactions, mostly because everyone was shilling their own projects. Popular Dogecoin promoter Matt Wallace shared his opinion in a tweet<\/a> after the results were in \"The ironic thing is that Dogecoin actually is the future crypto of earth even though it is not even an option in this poll\"<\/p>\n\n\n\n

Others were more optimistic though, Justin Sun founder of TRON tweeted<\/a> that \"I hope It will be #TRON<\/a>, #Ethereum<\/a> and #BNB<\/a> all co-existing together in 2035! I believe a multi-chain future #BTT<\/a> is trying to build! Connecting #TRON<\/a>, #Ethereum<\/a> and #BSC<\/a>!\"<\/p>\n\n\n\n

<\/p>\n","post_title":"Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cardano-voted-the-most-preferred-ethereum-alternative-beating-bitcoin-and-solana","to_ping":"","pinged":"","post_modified":"2023-04-30 21:40:33","post_modified_gmt":"2023-04-30 11:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3170,"post_author":"1","post_date":"2022-01-15 01:02:27","post_date_gmt":"2022-01-14 14:02:27","post_content":"\n

Tesla users who are looking at exploring payments in cryptocurrencies will have the ability to use Dogecoin. With the use of a DOGE-enabled wallet, funds can be transferred and used on Tesla<\/a>.<\/p>\n\n\n\n

Prices on the site are displayed<\/a> in both USD and DOGE. The Cyberwhistle<\/a> is listed for 300 DOGE or roughly $57 USD, and the Cyberquad is listed for 12020 DOGE or roughly $2300 USD. <\/p>\n\n\n\n

The DOGE payments do come with a catch, any purchases made with DOGE cannot be canceled, returned, or exchanged for another product - choose wisely!<\/p>\n\n\n\n

Teslas Influence On Dogecoin<\/h2>\n\n\n\n

After news that Dogecoin<\/a> was to be accepted by Tesla, the price quickly rose 10% from $0.16 --> $0.21. After correcting to $0.19 the quick gain in its price shows the influence one single company can have on a coin! <\/p>\n\n\n\n

<\/p>\n","post_title":"Tesla Is Officially Accepting Dogecoin Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"tesla-is-officially-accepting-dogecoin-payments","to_ping":"","pinged":"","post_modified":"2023-04-11 12:56:35","post_modified_gmt":"2023-04-11 02:56:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3170","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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