Tag Archives: btc

Bitcoin Jumps Over 40% After President Xi Jinping’s Positive Remarks About Blockchain Technology

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Speaking at the 18th collective study of the Political Bureau of the CPC Central Committee in Beijing on Oct 24th, President Xi Jinping “emphasized the importance of blockchain technology & digital industrial transformation.” He said the country should “seize the opportunity” afforded by blockchain technology.

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What Is HoloChain And How It Is Different From BlockChain

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Blockchain is an open, distributed, decentralized, public ledger that records transactions between parties efficiently. It is resistant to modification of the data. The bitcoin currently has a capacity to process about 7 (TPS) transactions per second, that is not even close to the worldwide payment processors such as Visa, that processes about 1700 (TPS).

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