BurstCoin to undergo a Hard fork

The second hard fork by BurstCoin is scheduled for block 500,000 and will take place on June 14
29 May 2018   774

BurstCoin's second hard fork will be executed on June 14. The first one took place in March. The activation block is set at 500,000 block. Official name of the upcoming hard fork is Pre-Dymaxion Hard Fork. Earlier, a FluxCapacitor was added to the code base to manage the activation of the features.

The hard fork is going to enable:

  • PoC2;
  • dynamic fees;
  • more transactions per block;
  • multi-out transactions

These changes will ensure the increase of on-chain transaction capacity and improve the overall scalability of the coin. In perspective, the new coin will be able to serve a market at least one order of magnitude bigger that it could before. At the moment of publication, BurstCoin parameters are as follows:

Average price 0.022740 USD
Market cap 44,185,524 USD
Volume (24H) 312,885 USD

Binance to Launch Crypto-Fiat Exchange at Jersey

The new exchange will feature BTC / GBP, ETH / GBP, BTC / EUR and ETH / EUR trading pairs
16 January 2019   72

Binance has opened a branch at Jersey island, targeting Europe and the UK. Its clients will be able to trade Bitcoin and Ethereum for the euro and the British pound. 

The new exchange will feature BTC / GBP, ETH / GBP, BTC / EUR and ETH / EUR trading pairs. To start trading, users must undergo KYC verification.

According to Binance CFO Ju Wei, bidding cryptocurrencies for fiat money will provide Europeans with new opportunities in the face of uncertainty with Brexit affecting the euro and the pound.

Wei also stressed that a strong legal framework makes Jersey one of the leaders in the development of blockchain technology.