Report

The United States Federal reserve has shown a very strong interest in components of  blockchain and distributed ledger technology. This was witnessed by the release of a paper whose aim was to investigate the potentials of blockchain and outline the Federal Reserve’s interest in the blockchain.

Bipart, a Belarusian Institute for reform and transformation of public administration, and SIMPA, a center for Research on Public Administration, have recently published a report describing the possibility of using Blockchain technology in the electronic governance of the Republic of Belarus.

A report that describes the potentially quite dangerous altcoin DDosCoin, has recently been published. This coins uses a principle similar to Proof-of-Work – “proof-of-DDoD” for coin mining, so miners must actually participate in DDoS-attacks on a specific webserver target.

By the end of the weekend, Bitcoin’s price slightly collapsed to $624. This may be the beginning of a long downtrend if buyers stay passive while sellers are taking the initiative into their hands.

Bitcoin price movement has gone quiet and isn’t moving neither up nor down. But today, the situation may change. Macroeconomic news from the US and Europe could cause fluctuations on the currency market and will give an impetus to Bitcoin price growth.