Saturday, May 27, 2017

Bitcoin jamming

While the Indian government deliberates over a legal and regulatory framework for digital currencies, the explosion in popularity and subsequent demand for bitcoin has overwhelmed the country’s exchanges. India, like the rest of the world, is seeing an unprecedented demand for bitcoin amid extensive media coverage of an ongoing bull run by the world’s most widely-known cryptocurrency. 

No two color trading pits make ledger pricing the dominate congestion mechanism. The Redneck reference architecture was a bit late.

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