In the world of traditional trading, automated market making is a relatively new technology. Automation replaced human market makers who were the worker bees of trading pits. Automated market makers (AMMs) changed the landscape of trading. The efficiencies gained by utilizing the automated programs had several positive effects on the market.
The Census Note is a hardware cold wallet that supports all major cryptocurrencies. The Census Note is a card made of durable plastic that contains a secure chip. This chip stores the private key that secures access to the funds.
We all know Bitcoin and cryptocurrency hold vast promise for liberating the unbanked and others who are not well-served by the traditional financial infrastructure. But something that is often overlooked is the benefits that come from running a Bitcoin node. Running a Bitcoin node helps the Bitcoin community as a whole, but it also offers tremendous benefits for the node owner as well.
In Part One of this series we compared Bitcoin’s stock-to-flow ratio with that of gold, the world’s traditional safe haven. We have seen that Bitcoin’s scarcity by design is one of the main reasons why it could develop into a safe haven for investors in the near future.
Stablecoins are a type of cryptocurrency whose value is pegged to another asset or basket of assets. As the name implies, the concept of stablecoins is to provide stability to their value and to serve as an asset that is not correlated to Bitcoin and altcoins.