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Blockchain is one of the traditional toilet tanks believes many Brits

Srijana Dey

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Blockchain one of the traditional toilet tanks - majority of the Brits believe
Source: Commons Wikimedia

Inty, an award-winning pioneer in the distribution of Cloud services, conducted a survey in Britain where they asked a bunch of people about terms related to cryptocurrencies such as blockchain or cryptography. According to the survey, Britain’s knowledge of cryptocurrency or any other related technical terms is very poor.

When asked about cryptocurrency, about 38% thought that it was related to funeral finance. In addition, a strong 41% believe that blockchain is one of those traditional toilet tanks with a pull chain.

Due to this, Inty published a dictionary called ‘Techionary’ for an easier understanding of technological terms. The dictionary even has a dedicated page that says that the reason behind this is the speed at which the technology is growing, along with its ever-growing names and acronyms.

Henry Cowell, a crypto-currency investor says:

“This is totally false. Every other person I’ve encountered so far knows what cryptocurrency is. How can a majority portion of the kingdom be ignorant of the word cryptocurrency espically when Bitcoin is booming across the globe.”

Dave McCallen, a crypto-trader by night and a software engineer by day says:



“No wonder Britian is going down the drain. Their golden era is done. First the news of Brixit and now this poll. This is an evidence that the country no longer has a clue about what’s happening in the world and the revolution we are stepping into.”

Kenneth Sebastian, a Bitcoin trader says:

“Couldn’t they have thought of anything apart from toilet tanks and funeral finance? I mean funeral finance is the best they could get.”

Josephine Taylor, a crypto-evangelist says:

“I find it hard to belive this. There must be more to this. I mean Britian can’t be lagging this behind in terms of technology. They should probably question more 2000 people and then we can talk”





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Altcoins

Binance Coin surges by 9% in 24-hours after DEX announcement; breaks out of ‘saucer bottom’ pattern

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Binance Coin surges by 9% in 24-hours after DEX announcement; breaks out out of 'saucer bottom' pattern
Source: Unsplash

Binance Coin [BNB] is nothing short of becoming the best performing crypto asset of 2019, as it creates higher highs every day. In a recent surge, BNB went up by approximately 12% in 24-hours breaking out of the ‘saucer bottom’ pattern.

BNB has been on a bull run since December 2018, it has surged by approximately 470% since that point. In the last 24-hours, the price was up by approximately 12% from wick-to-wick.

Source: TradingView

Moreover, the rise in the price over the day can be attributed to the announcement by Binance DEX, that was launched recently. The tweet read:

The new update will convert the BNB, which is an ERC20token, into BEP2, it will be called the “mainnet swap”. Furthermore, users have to convert their ERC20 tokens on Binance, the details of which will be released in the near future.

In addition, Mithril, a cryptocurrency project has announced that it will be the first project to migrate to the Binance Chain. It tweeted:



“$MITH token holders on the new @Binance_DEX will be the first to experience increased speed, security, and user friendliness while maintaining full control over their funds.”

A Twitter user, @carlitosblvd123, commented:

“So , all BNB we have now like erc20 in binance exchange and on trust wallet will be converted to bep2 automatically or we have to do anything to happen?”

@jigneshon, another Twitter user commented:

“Crypto Revolution will happen on 23rd April when Binance Chain Genesis block will be created. 🔥”





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