Markets saw a rebound with CM10 (6.7%).
Key gainers were XLM/USD (14.5%) and BCC/USD (10.8%).
17 mln of total 21 mln Bitcoins have now been mined.
Request Network Partnership with Wikipedia.
The last time the number of Bitcoin mined hit a round million mark was in late November, 2016. Bitcoin’s code dictates that there is a 21 mln coin cap, created as a way to introduce digital scarcity to the cryptocurrency. The protocol is also designed to make the rate that coins are produced slower over time – every 210,000 blocks the network halves the block reward, meaning that the rate of new BTC creation exponentially slows down.
The Wikimedia Foundation is partnering with the Request Network Foundation for this technological breakthrough. The first concrete application of this partnership will be the integration of cryptocurrency donations. France will lead this pilot. The french chapter of the worldwide Wikimedia Foundation will be the first to use this tool. The future of donations is growing thanks to Blockchain
Crypto-donations enabled by blockchain technology offer a guarantee of simplicity and trust for donors. The Blockchain technology offers a total and permanent visibility on the collected amount, which allows the Wikimedia Foundation to be as transparent as possible. Thanks to a public ethereum address, each donor can then now see donations happening in real-time.
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