Nasdaq Considering New Bitcoin Futures Proposal

CEO of Nasdaq confirmed confirmed earlier reports that the Nasdaq is looking into bitcoin futures
24 January 2018   1001

The Nasdaq Exchange is considering opportunities to make investors a unique offer in the bitcoin futures market, which will differ significantly from the services of competitors. This was stated by the head of the organization Adena Friedman in an interview with CNBC.

We are continuing to investigate the idea of a cryptocurrency futures (contract) with a partner and we continue to look at the risk management around that, making sure we are putting the right protocols in place, making sure there's proper demand, and that the contract is different from what's already out there.

Adena Friedman

CEO, Nasdaq

According to the head of Nasdaq, futures for CBOE and CME are based on bitcoin price tracking and its price in the future. Friedman also strives to develop an alternative concept in which the main role will be played by the spot rate, rather than the price of the asset in the future.

What we might look at is more of a total return futures, so it's a little bit of a different construct, more of an investment than a tracking stock.

Adena Friedman

CEO, Nasdaq

Earlier, the Wall Street Journal published information that Nasdaq would launch bitcoin futures in the first half of 2018, but Aden Fridman refused to confirm or deny such rumors, stressing that all initiatives regarding bitcoin are at an early stage of development. 

VeriBlock to Report on Mainnet Launch

VeriBlock believes their technology allows networks of other cryptocurrencies to use the bitcoin blockchain to counter the “51% attacks”
21 March 2019   81

Using the bitcoin blockchain to ensure the safety of altcoins, the VeriBlock project announced the launch of the main network. This is reported in a press release.

According to the developers, the VeriBlock technology allows networks of other cryptocurrencies to use the bitcoin blockchain to counter the “51% attacks”. The project is confident that this approach not only ensures the security of less popular networks, but also allows their developers to focus on innovation and functionality.

According to analysts of The Block, 25–45% of bitcoin transactions fall on VeriBlock. The VeriBlock network uses a consensus algorithm called Proof-of-Proof (PoP). The project seeks to ensure the safety of other blockchains by loading a snapshot of the altcoin registry into the BTC blockchain, using the OP_RETURN function and other methods to embed network state data.

The project’s website states that PoP allows altcoin networks to use the most protected Bitcoin blockchain with its Proof-of-Work algorithm.