May 6, 2018

PacCoin enters #3 spot on Coinmarketcaps (how long will this last?)

Binance Exchange https://www.binance.com/?ref=16561068
https://www.coinbase.com/join/57c250f4d26ede01a15f5ef6
NEW BCASH Faucet http://moonb.ch/?ref=4A543CF85EFB
Follow me at https://steemit.com/@currency365
Electroneum App Referral Code: 42A674

————————————————————————————————
*******ALL MY SUPPORT AND DONATIONS WALLETS******
Donation/Support https://www.paypal.me/Currency365
bitcoin 18UHDA4qS8yvtNVS4RoWoVXUe28SkVW5NS
ETH 0xEF0F186ffba883C065f43197c17E651ded3221A6
Litecoin LfMgFE3GzbV4SjJNdHTm23VbuP2diQj8D4
Vertcoin VjbpQYvbnvE3zZB4Q9FiqLXpXFGNAETmpm
Salt 0x077322fEdDA05E2eF7cBB2b721c29C3FC8c043a0
OMG 0x077322fEdDA05E2eF7cBB2b721c29C3FC8c043a0
EOS 0x077322fEdDA05E2eF7cBB2b721c29C3FC8c043a0
Dash Xi1SxN7qJJfVMrqJCxCKeuDL7UYr1w1xqC
Civic 0x077322fEdDA05E2eF7cBB2b721c29C3FC8c043a0
bitcoin Cash 1Pfy9oW42TLU7pMvU9HG3uGF3NCeXwfqFu
Tenx 0x26e0bfaeeb910267a6c7c763e7ecffc0c4a9bacd
Adex 0x607d0cc9908a37373396d47e4012ab89bd20af51
Vertcoin VjbpQYvbnvE3zZB4Q9FiqLXpXFGNAETmpm
———————————————————————————————–
*******WHERE TO TRADE AND BUY CRYPTOCURRENCY*******
https://www.coinbase.com/join/57c250f4d26ede01a15f5ef6
Buy bitcoin w/Paypal/Credit Card https://xcoins.io/?r=ww5n2q
https://www.binance.com/?ref=16561068
https://www.coinexchange.io/?r=900042f3
https://hitbtc.com/?ref_id=5a1c2f387bcc5
https://www.cryptopia.co.nz/Register?referrer=currency365
————————————————————————————————
*******FREE CRYPTO FAUCET SITES*********
http://moondash.co.in/?ref=4058C87A3ED9
https://freebitco.in/?r=5286308
http://moonbit.co.in/?ref=2ed714c77f4b
http://bitfun.co/?ref=4B1F81E87064

Top Crypto & Bitcoin Casino Sites

http://moonliteco.in/?ref=ecb4b2309ba4
http://btcclicks.com/?r=c12c7d18
http://getcoin.site/litecoin/?id=13317
http://moondoge.co.in/?ref=1970d1e1d7d1
http://freedoge.co.in/?r=996134
——————————————————————————————-
Thanks for LIKING, SUBSCRIBING and SHARING my videos

********OFFLINE WALLETS*********
Nano Ledger Offline Crypto Wallet https://goo.gl/n9frR9
Exodus.io

*******CRYPTO MINING*********
Free Mining https://www.eobot.com/new.aspx?referid=808676

******OTHER COOL SITES*******
Follow me at https://steemit.com/@currency365

******HERE IS WHERE TO SEND ME MAIL********
T-B-D AT A LATER DATE

************MY DISCLAIMER************
disclaimer: this youtube channel for financial expert advice seek a professional adviser, broker or wealth manger. THIS IS ALL MY OPINION, FRIENDS, OR OTHERS OPINIONS THANKS

You might be interested in …

March 19, 2019

$25 Million in 2 Weeks: BlockFi Booms as Bitcoin, Ether Investors Seek Interest

$25 Million in 2 Weeks: BlockFi Booms as bitcoin, Ether Investors Seek Interest The Takeaway BlockFi’s interest-yielding deposit accounts, launched in beta in January and fully live this month, have attracted more than $35 million […]

December 24, 2018

Bitmain: Bitcoin Mining Giant to Sack 50% of Its Workforce

Bitmain: bitcoin Mining Giant to Sack 50% of Its Workforce bitcoin mining giant Bitmain is going to sack almost half of its staffers by the end of this week, sources from the Chinese media reported. […]

January 8, 2018

Tether Now Supported on the Ethereum Network

Tether has switched from the previously used Omni protocol to the Ethereum network, citing lower fees and faster confirmations for the switch.

“Tethered” to the Dollar

Tethers are a very controversial product in the cryptocurrency space and have been for months on end. They are a cryptocurrency that is backed by traditional fiat currencies, such as the United States Dollar or the Euro. Many exchanges have adopted tethers, as they offer a method of implementing USD pairs without having to use dollars. This loophole can allow exchanges to work with “dollars” without having to jump through regulatory hoops.

The old tether system used the Omni protocol, a system that allows for custom smart contracts using the bitcoin network’s security. The switch to Ethereum is exciting, as they’ve already migrated USDT and EURT to the new network.

The company announced that the switch was due to high fees and slow confirmations, two problems that Ethereum offers a solution to. Tether has launched the new contracts and is in the process of transferring value across the chains. It may take some time for a full roll out onto Ethereum.

Concerns About the Token

Tether has come under fire as of late for some questionable actions. Many are still awaiting a full third-party audit on the tether reserves. The reserves are bank accounts that Tether claims have a matching number of dollars as the number of USDT in circulation. More eyebrows were raised when it was discovered that tether has a clause in their ToS stating they have no obligation redeem the tethers at face value.

Tethers can only be purchased by institutional investors, not the public. So far, over $1.5 trillion has been produced by Tether, which is currently being using in circulation by exchanges and individuals worldwide.

Do you think that Tether’s switch to the Ethereum blockchain was a smart move? Do you use tethers? Let us know in the comments down below!

Images courtesy of Pexels, AdobeStock

The post Tether Now Supported on the Ethereum Network appeared first on Bitcoinist.com.