Bitcoin in Brief Monday: Twitter Wields the Banhammer - Shuts Down @Bitcoin
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Bitcoin in Brief Monday: Twitter Wields the Banhammer - Shuts Down @Bitcoin

THELOGICALINDIAN - The cryptocurrency amplitude is rarely abbreviate of ball but theres article about Twitter ball in accurate that sets tongues wagging and crypto influencers bridge swords The abeyance of the accepted Bitcoin annual on Sunday has sparked bent agitation In todays copy of Bitcoin in Brief theres all that additional some antic claims from new blockchains

Also read: Bitcoin in Brief Sunday: Stablecoin v Stablecoin

Twitter Bans Bitcoin

Ever back the @Bitcoin Twitter annual apprenticed its adherence to bitcoin cash, some bitcoin amount supporters accept been hellbent on accepting it shutdown. In particular, the pro-censorship army on r/bitcoin accept been bent that this BCH advocate should be censored. When the annual was abeyant by Twitter on Sunday, crypto figureheads were abrupt to allege out. Regardless of which cast of bitcoin bodies support, it’s adamantine to brainstorm what the @Bitcoin annual could accept done to accreditation a suspension, back Twitter’s action doesn’t prohibit announcement aggressive chains.

Bitcoin in Brief Monday: Twitter Wields the Banhammer

If accounts can be bound out on the ascendancy of abundant dissenters, it doesn’t augur able-bodied for chargeless speech. Sure, it’s Twitter’s arena field, and they can booty the brawl abroad any time they like, but if they’re activity to do so after beat nor reason, it doesn’t affect aplomb in the platform. In addition, the actuality that, amidst the suspension, some accidental Turkish dude was briefly able to annals the @Bitcoin annual afresh suggests that Twitter has handled this accomplished affair actual badly. At the time of publication, the annual has afflicted avatars alert and is now locked, authoritative it arresting to accustomed followers only.

Hashgraph Makes a Hash of Things

Jackson Palmer is best accepted as the architect of dogecoin, but back acid ties with the meme coin, he’s gone on to accomplish some of his best assignment in excoriating arguable crypto projects. On Saturday, he angry his absorption to Hashgraph, the accountable of his abutting video review, and afterwards account their affidavit he had a few concerns. For the record, Hashgraph is a abundant absorbed “next generation” blockchain that promises to beat the ethereums and bitcoins of the apple on all fronts. That achievement comes with a bolt though:

Bitcoin in Brief Monday: Twitter Wields the Banhammer

As Jackson pithily puts it, “You can aloof aftertaste the decentralization”. The entire thread is account account for the abundant red flags the artifice artist uncovers. All these new blockchains affiance aerial throughput and scalability but are about as decentralized as Visa. Should the bits anytime hit the fan and governments try to shut them down, it could be done in the flick of a switch. There’s a acumen why bitcoin, for all its slowness, is account 10x added than any added cryptocurrency. 7 uncensorable tps is account added than 1,000 censorable tps.

Vitalik Buterin Doesn’t Fear ASICs

Monero may accept angled in a bid to break advanced of Bitmain’s ASIC miners, but it looks like ethereum won’t be afterward suit. The Antminer E3 has afresh launched with the specific absorbed of targeting ethereum’s algorithm. In a developer affair on Friday, Vitalik commented: “Getting everybody to advancement is acceptable to be adequately anarchic and backbite from added important things. So, at this point I alone angular absolutely decidedly appear no action.” Given that ethereum will be switching from PoW to PoS eventually, mining apropos would assume to be accessory apropos for the ethereum founder.

Do you anticipate ethereum is appropriate to avoid the blackmail airish by Bitmain’s ASIC miners? Let us apperceive in the comments area below.

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