Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Brendan Blumer
Block.one: The Leader in High-performance Blockchain Solutions
Block.one is the software publishing company behind the creation of EOS, and EOS VC, a venture capital firm focused on contributing early-stage capital to future blockchain tech development. The startup maintains that its two primary products are the VC arm and cryptocurrency but specifies that it is working to provide the most powerful infrastructure for decentralized applications available. The block.one team provides “end-to-end solutions” to bring corporations, investors, and institutions onto the blockchain via various services. Here is a beginner’s guide…
5 years ago
Brendan Blumer, Block.one Co-Founder, against the New EOS Worker Proposal System
Recently, the EOS nation and Attic club block producers proposed a Worker Proposal System (WPS) for the EOS delegated Proof-of-Stake blockchain. The scheme would enable individuals to suggest how the EOS blockchain opt to operate. To send a proposal, a user must transfer a non-refundable amount of 100 EOS to support the WPS mechanism’s operations. The user has to make 50000 EOS available for 60 days, and currently, the smart contract for this proposal is ready for testing. Eventually, all…
5 years ago
Block.One CEO Disputes’ Bitcoin is Money’ Claims on Social Media
Several perspectives on the role of Bitcoin continue to render many at loggerheads. The joint founder and CEO of Block.One, Brendan Blumer, expressed his thoughts concerning Bitcoin on Twitter. Blummer said the world's largest cryptocurrency is not money and is in no way ever going to be. Responding to a tweet written by Peter Schiff, he added that Bitcoin is the immediate gold generation. He continued to say the purpose of the cryptocurrency is not to get used as everyday…
5 years ago