The On-Off Ratio is the value of OnChain Vol / Exchange (Off) Vol
This tells us how many $ moved on the blockchain for every $ moved on exchanges
This should be used to relatively evaluate usage of a blockchain compared to its usage as a trading asset
-@coindesk research
New York State is officially launching a cryptocurrency task force aimed at helping the state understand cryptocurrencies and their underlying blockchain technology. https://t.co/Mry1FtajTP
Headquartered in United State, 1WorldBlockchain is a world leading Fin-tech innovative solutions provider. GlobalPay E-wallet is a project under 1WorldBlockchain to do cross-border payment and financial management.
Just as Bitcoin's whitepaper only described the starting point, not Bitcoin's final form, so too shall it be with Lightning Network.
* Channel Factories
* Channel Splicing
* Submarine Swaps
* Cross-chain Atomic Swaps
* Atomic Multipath Payments
We're still in the first inning.
How many grains of sand does earth contain?
9,223,372,036,854,775,807
How many bitcoin addresses are possible?
1,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976
#bitcoin#crypto#cryptography
** Uncomfortable truths **
1. Bitcoin has no inherent value!
— neither does USD
2. Bitcoin is used by criminals!
— So is USD, cell phones and cars.
3. Bitcoin is going to zero!
— Lol....short it then :)