#weeklynewsreview

DecimalChain
2 min readFeb 5, 2021

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📰 All the reputable crypto media this week have shared the news that 75 Validators of the Ethereum 2.0 network have lost part of their stakes after running into fines for double signing of blocks.
Fortunately, everything necessary to prevent this has already been done, and the affected customers will be returned the ETH they lost.

📈Another nuisance of this network has been the record value of the transaction fee — $20. (~1 500₽) plus additional costs for different types of transactions. For example, in an exchange transaction, you could spend almost $40 on commissions.

Let me remind you that on the DecimalChain network, a 5% penalty is also provided for a double signature. But you can pay the commission with any coin of the network.

👨🏻‍💻 Engineers and developers are switching to DeFi (Decentralized Finance) protocols.💻

We recall that the DecimalChain network has implemented a cross-chain swap, thanks to which you can safely enter the DeFi market built on the ERC20 protocols.

Over the past year, the Etherium network has remained to be the most developed, but with its own drawbacks (see the news above), so we have launhed a cross-chain exchange to take advantage of our network and the Etherium network.

In addition, not the last billionaire in the crypto world, Mark Cuban, predicts the popularity of decentralized finance for at least the next 10 years. Well, we’ll wait and see.

💵 And finally, the Mayor of Miami offered to pay the salaries of municipal employees in bitcoins. (Cool!) Prevously Francis Suarez announced he was going to make Miami a new “cryptocurrency capital” and was also going to provide an opportunity to pay taxes in cryptocurrency. We think it will not take much time, since such precedents already exist.

🙌🏻We wish you great news, good mayors, low commissions and salaries in BTC. ☀️

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DecimalChain
DecimalChain

Written by DecimalChain

Explore, Build, Earn on the Decimal. Decimal helps communities to issue and manage blockchain assets.

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