MicroStrategy still doesn’t plan to sell its Bitcoin, according to the company’s new Chief Financial Officer Andrew Kang. The recent bear market, which has brought Bitcoin’s value below the company’s average purchase price, hasn’t shaken the organization’s faith. “At this time, we do not have any intention to sell,” said the CFO, after joining the company on May 9th hailing from GreenSky. “There are no scenarios that I’m aware [in which] we would sell.” Shareholders also remain confident and reportedly…
Tag: Coordicide
IOTA Presents Chrysalis Mainnet Update Scheduled for Next Week
IOTA posted on Twitter on August 10, about delivering an upgrade of the Chrysalis mainnet in the coming week. As per the tweet, IOTA 1.5 update means an entirely new experience for users utilizing the IOTA network now. In the past, users were a bit skeptical about IOTA’s successes considering the delay of this scheduled upgrade. However, user's agree that this excellent step into achieving the set goals by the IOTA Foundation was worth the wait. What Users Can Expect…
2 years ago 185
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IOTA’s Coordicide 101: A Complete Guide on What You Should Know
The IOTA network has made giant strides towards real-world adoption in the three years of its existence. The project's developers used the Coordinator as a vital element in the project to ensure funds' security. The Coordinator is a security mechanism that was designed to prevent double-spends and provide transaction finality. IOTA announced the launch of Coordicide in May 2019. This upgrade removes the network's centralized Coordinator. As stated in the press release, Coordicide aims to provide a new type of…
2 years ago 234
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