Number of Reachable BTC Nodes to Fell by 15%

Reduction in nodes number is associated with the miners which stopped operation due to a sharp drop in profits
24 December 2018   705

The Bitnodes data show that in 2018 the number of reachable nodes in the Bitcoin network decreased by 15.5%. At the time of writing, the number was 10,004. During the same period, the number of unreachable nodes also decreased by 33%, from 98,000 to 65,500, according to CCN.

A reachable bitcoin node is a node that receives and sends connection requests from the network, and also keeps records of all transactions. At the same time, the unreachable node only establishes outgoing connections, but does not accept incoming ones.

Reducing the number of reachable nodes is fraught with increased centralization of the Bitcoin network and in the future may lead to an attack of 51%. According to the publication, the reduction in nodes number is associated with the miners which stopped operation due to a sharp drop in profits.

CFTC to Approve LedgerX's Deliverable BTC Futures

At the same time, another platforms such as Bakkt, ErisX and Seed CX still awaiting regulatory approval
26 June 2019   61

Cryptocurrency derivatives provider LedgerX LLC has received a license from the Authorized Derivatives Market (DCM) from the US Commodity Futures Trading Commission (CFTC), which will allow it to launch the country's first bitcoin futures.

Deliveries for deliverable futures are made in the underlying asset, not in fiat funds. Thus, LedgerX outstripped the Bakkt, ErisX and Seed CX platforms, which are still awaiting regulatory approval.

At the same time, LedgerX intends to launch the Omni platform for trading options, swaps, and bitcoin futures for retail investors, since at the moment it does not see enough interest from institutional market participants.

However, it should be added that some experts have already expressed fears that the nature of the license received will not allow LedgerX to provide margin tools to customers, and Bakkt should have such functionality.

Recall about the intentions to obtain the appropriate permission and overtake competitors LedgerX said in April.