Connect with us

Bitcoin

Transactions visualizer of Bitcoin [BTC] and Bitcoin Cash [BCH] made available by TXhighway

Arjun B

Published

on

Transactions visualizer of Bitcoin [BTC] and Bitcoin Cash [BCH] made available by TXhighway
Source: Pexels

Two Bitcoin Cash fans have created the website called TXhighway which is a Blockchain visualizer. The creators of the website wanted to find a simple way for normal users to visualize their transactions on both the chains while providing a comparison of the two competing chains of  Bitcoin [BTC] and Bitcoin Cash [BCH].

The developers of this website strongly feel that the Big Blocks of the Bitcoin Cash [BCH] can provide fast confirmations, extremely low fees and has on chain scalability which would allow Bitcoin to become the peer to peer digital currency. The developers are of the opinion that there are wide open highways with Bitcoin Cash when compared to the Gridlocks on the Bitcoin legacy.

The whole web-page of TXhighway is quite amusing. There are eight lanes of Bitcoin Cash which is 8MB in Block size, while the single lane is the Bitcoin legacy is the limited 1MB block size. Signings saying ‘NO2X’ which are blocking the second lane is known as the filed NYA Segwith 2x. The unfinished tracks are the future home of lightning which is under construction. It is the lightning network vaporware. The Commerce City has censored the Bitcoin road sign as a result of the censorship of public forums because of the less utility of Bitcoin.

The main function of TXhigway is the systemic top-down visualization of Bitcoin [BTC] and Bitcoin Cash [BCH] transaction activity to explore dynamically generated patterns of algorithmic behavior. Bitcoin is the most popular and largest cryptocurrency in terms of total market capitalization of around a whopping $143.4 Billion.

BTC is trading around $8,424.25. Bitcoin Cash is in the 4th position in the market with a total market capitalization of around $23.8 billion. BCH is priced around $1,390 with prices dropping at a percentage of 4.93% as seen at 10:40 AM UTC.

On TXhighway.com transactions are classified on the bases of their respective value of the transactions. The different transactions are being represented in the form of different vehicles. The classifications are given below:

  • Micro TX – Transaction which are above $10 and it is represented by a motorcycle.
  • Tiny TX – Transactions which are more than $10 to $1,000 and it is represented by a car.
  • Small TX – Transactions from $1,000 to $10,000 is represented by a bigger car.
  • Medium TX – Transactions from $10,000 to $100,000 is represented by an SUV.
  • Large TX – Transactions from $100,000 to $500,000 is represented by a small truck.
  • Extra Large TX – Transactions from $500,000 to $1,000,000 is represented by a larger truck.
  • Whale TX – Transactions more than $1,000,000 is represented with a large container truck.
loading…


Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Bitcoin

Deutsche Boerse adopts Bitcoin [BTC] even with the volatile market

Arjun B

Published

on

By

Jeffrey Tessler of Deutsche Boerse adopts Bitcoin even after the volatile market
Source: Pixnio

The Chief Executive Officer of Clearstream and a member of the Executive Board of Deutsche Boerse, Jeffrey Tessler contemplates on offering cryptocurrency products. The executive board member of the German company which provides services for derivative markets and equity trading, in an event on Wednesday, talked about adopting cryptocurrency.

Currently, there are a lot of financial institutions taking a dip into cryptocurrency and blockchain technology, with benefits like cheaper trade fees and peer to peer network. This is due to the total and obsolete emergence of Bitcoin in people’s lives and economic trades companies are adopting the technology.

According to the market report the company has been battling with other derivative companies such as Cboe Global Markets Inc. and CME Group Inc. He believes that there have not been much of regulatory effects from the regional authorities as the market is nascent.

The event was held in London which was organized by the Association for Financial Markets in Europe.

Jeffrey Tessler during the event says:

“Before we move towards the Bitcoin market, we want to make sure we understand the underlying transaction which isn’t the easiest thing to do.”

He also said that the company is working with the cryptocurrency.

Later in the event, he added that:

“We want to understand the volatility and make sure clients are in line and make sure regulators are in line.”

Garisson a Redittor says:

“Crank up and cramped up banks are the way to be behind the crypto-game. The involvement of institutions is a bad sign as more regulatory standards will be I posed…making it further non-decentralized.”

Sara a Redittor says:

“I believe that derivative and equities are dropping into the cryptocurrency and blockchain game because of the emergence of this new industry. Goldman has to lead the way for the stock market to follow now everyone is gonna adopt the new technology of crypto. I believe that the ones who  reject to evolve will have a major market collapse.”

Wesley Willam Cryptocurrency enthusiast tweeted:

“Bitcoin is gonna pop like a big bubble as it is observed that the market is not volatile and is falling at the steep rate. There is hope for blockchain but no Bitcoin. Maybe altcoins have a future.”

loading…


Continue Reading

Altcoins

First Dutch company to accept Bitcoin [BTC] and Neo [NEO] – ProSeo

Sarah Rodrigues

Published

on

Proseo goes "Pro" crypto- the first Dutch company to accept Bitcoin and Neo.
Source: Wikimedia Commons

In the world where Search goes Digital, ProSeo is a search engine optimization agency which specializes in search engine marketing. It is a Dutch company based in Ireland and is an SEO specialist since 1999.

ProSeo and Web design are the top ranking SEO Companies who provide SEO services in Ireland. The Search Engine Optimization Company is also partnered with Google and is ranked 1st in Google as “Seo Company”, “Seo Agency” and “Seo Services”.

Proseo's tweet. Image Source: Twitter.

Proseo’s tweet.

The company provides professional and presentable services with their experienced Irish Consultants who are aware of their Irish Market. It has a close team of specialists with extensive experience and talents.

The company has gained the title of being the 1st SEO Company to accept cryptocurrency as their payment method. They accept the cryptocurrencies Bitcoin [BTC] and Neo [NEO] for now. However, they are currently investigating whether the company can make payments with other cryptocurrencies as well.

Since ProSeo keeps a close watch of new technological developments in the world, it’s logical for them to apply to the world of digital payment of transactions.

SeaOfDeadFaces, a Reddit user commented:

“My first thought as well. I can imagine that only being able to charge people in increments of NEO means customers are either getting a great deal or shafted, depending on how the company rounds.”

stuartwitherspoon said:

“That’s great but wouldn’t GAS be the better option? I don’t see how this is practical with neo being non-divisible.”

l4ur1ds said:

“I’d love to accept GAS in my neo merch store. Does anybody know how I could accomplish that? The major payment gateways only accept BTC or ETH.”

They reported that Bitcoin and Neo are extremely safe and reliable. They believe that Bitcoin is an investment opportunity in view of the fact of its rapidly increasing value. It is unfortunate that there is a finite number of companies in the Netherlands who accepts cryptocurrency as a form of payment.

Proseo offers a simple method of transaction. The amount of payment by the customer is calculated on the basis of the rate of the largest exchange. Once they complete this, Proseo’s wallet address is sent to the customer to make the payment. The company does not calculate an exchange fee for such transactions.

loading…


Continue Reading

Trending