Satoshi CORE Mining - Step by step guide on how to mine Satoshi second BTC for free

  Satoshi  BTCs now rebranded to CORE Mining is a Turing-complete Blockchain leveraging the  Bitcoin (BTC) mining hash rate and the Ethereum Virtual Machine (EVM). The core is powered by a new consensus mechanism, Satoshi Plus which applies a protocol-driven validator election mechanism to combine the optional features of Proof of Work (PoW) and Delegated Proof of Stake (DPoS) to ensure the maximization of security, scalability, and decentralization. The rapid development of Bitcoin which makes its value rise millions of times in ten years has made only a few people caught up with Bitcoin and this is not in line with Satoshi Nakamoto's fair wealth creation and protection of wealth spirit and this now led to the birth of Core Coin (BTCs). CORE Chain Satoshi Bookkeeping smart contract using Bitcoin computing power, connecting 'Smart Contract' with Bitcoin's 'Proof of Work' PoW to leverage the strength of each while simultaneously ameliorating their respective sho

South Korea to Ban Anonymous Cryptocurrency Trading





In the wake of regulating cryptocurrency, South Korean will start banning the use of anonymous bank accounts starting from January 30. As part of the policy, underage individuals and foreigners without
local bank accounts will be barred from trading in virtual currencies. Banks will be required to share information about cryptocurrency exchange with each other and will need to watch more closely for transactions that may be linked to crimes.

South Korea's Financial Services Commission announced that a real-name registration system will be implemented for cryptocurrency trading, according to Korean media reports. The investor will have to convert their virtual bank accounts to real-name bank accounts to continue trading. Deposits and withdrawals will only be allowed between real-name bank accounts and matching crypto-exchange accounts opened at the same bank. The system will cover six banks.

Effect on Bitcoin

The South Korean government's official position is that these new rules would aim to halt crimes like money laundering as well as stabilize a market that has been known to swing wildly. The Korean crypto market is estimated to be the third-largest in the world, right behind Japan and the United States, so a monumental change like this will almost certainly cause waves in the global market.

The price of Bitcoin, the most popular cryptocurrency has been steadily declining since multiple national governments like France and Germany announced last week that they would present a joint proposal aimed at regulating bitcoin this March. Some countries even toyed with the idea of shutting down exchanges altogether.

South Korea was one of the countries that announced a potential ban. That was met with drastic drops in prices, with the price of a single token shedding over 10 percent of its value in the wake of the news.


Spread the news

Comments