4th Bitcoin Halving

1️⃣ A Peer-to-Peer Electronic Cash System (a term from Satoshi Nakamoto’s manifesto).
2️⃣ an innovative payment network and a new kind of money (https://bitcoin.org/en/).
3️⃣ cryptocurrency (the first one in common use).

I was not and am not a fan of Bitcoin. I very rarely use it for transactions, basically only when there is no other option. Now such situations practically do not occur anymore.

  • 5-7 transaction per second – unacceptable in everyday trading;
  • Proof of Work, i.e. energy death and, consequently, the possibility of taking over 51% by one decision-making group (the one that created it? because Satoshi Nakamoto has been on the fairy tale shelf for a long time);
  • no smart contracts.

Will Bitcoin cost $1 million? It is absolutely possible, considering what is happening to the dollar and how it is losing its purchasing value: printing an empty dollar (without covering it with goods and services), dethroning it as the basic currency in international trade.

What can replace Bitcoin?

For example, LAYERK blockchain and LAYERK (LYK) token, which will soon be a combination of several tokens, including cLFi and ZENIQ.

  • 30,000 transactions per second;
  • smart contracts;
  • tokenization platform.

Available in the XERA ecosystem.

icon Disclaimer
**  The information provided on the website are not an investment advice, they comes from the projects’ source materials, corporate and partner presentations, my work with the projects as well as from work and own creativity. They were presented according to my current knowledge and experience.

icon Business disclaimer icon (risk of loss, risk of losing profits)
Any business, investment, new opportunities comes with a risk of loss (resources, work, time). Only put as much icon money and as much icon time as you can afford to lose !!!
also about the fact that the lack of your actions is also a risk … of losing potential icon profits.
Think! and analyse what you (don’t)choose.

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