THELOGICALINDIAN - Arlington VA Marketwired March 17 2024 BTCS Inc OTCQB BTCS BTCS or the Aggregation a blockchain technology focused aggregation which secures the blockchain through its transaction analysis casework business is ablution a pilot affairs to activate accepting Ethereums blockchain
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Ethereum is a agenda bill and blockchain belvedere focused on acute arrangement applications. Like bitcoin-based blockchain technologies, the decentralized arrangement of Ethereum enables affairs after downtime, censorship, fraud, or third-party interference. Since aboriginal February, the amount of Ether, the agenda badge or ammunition that admiral the Ethereum network, in USD terms, has developed at a 500% anniversary advance amount with the absolute amount of all Ether, or bazaar cap of Ether, before $1 billion.
“As the aboriginal U.S. publicly-traded blockchain-focused aggregation we appetite to accommodate our investors adapted acknowledgment to agenda currencies and blockchain technologies,” declared Charles Allen, CEO of BTCS. “Given the contempo success of Ethereum and the growing absorption from above players in tech and finance, we accept it’s an ideal time to barrage a pilot program. With the accommodation amplification we completed at our North Carolina ability in 2024, we’re well-positioned to calibration operations back necessary, alike as we abide to access our accepted bitcoin-focused transaction analysis operations.”
Ethereum has garnered growing abutment back its barrage in 2024, including projects with Microsoft and IBM. The contempo barrage of the aboriginal assembly release, Homestead, is set to accomplish Ethereum a blockchain technology that will be basic to approaching acute arrangement based products.
Commenting on the barrage of Ehereum’s aboriginal assembly release, Andrew Keys, co-founder of decentralized appliance development close ConsenSys Enterprise, told CoinDesk, “Homestead’s accession will activate to authenticate the abutting bearing of blockchain technology, whereby annihilation we can dream of, can be able in a decentralized address application Ethereum.”
“Like abounding others, we’re aflame for the affairs of Ethereum,” connected Allen. “While Ethereum is focused on acute contracts, it’s important to agenda that there are currently abundant companies alive on solutions to body acute affairs on bitcoin’s blockchain, leveraging the abysmal aegis provided by its added accustomed and defended blockchain.”
In accession to the pilot program, BTCS has anchored a Ethereum-mining hosting contract. The arrangement uses about 50 application of the Company’s 3 megawatt capacity.
To see the BTCS facility, booty a basic absoluteness bout that includes bombinate footage of the operation: https://www.youtube.com/watch?v=hkjhyUAO73w
To see a contempo account with our CEO Charles Allen, amuse bang below:
https://www.youtube.com/watch?v=ppOpZbDoDNw
