“China will not follow Western economies by undertaking a large-scale monetary loosening, but will instead look to consumer price stability and exchange rates to help the economy recover, the central bank governor has said.”
Tag Archives: finance
Understanding IOTA, Tangle and the Coordinator Node
“IOTA is a the native currency on a network designed for the Internet-of-Things. The IOTA team aims to solve the scaling problems of current generation blockchains by implementing what they call the “tangle” or Directed Acyclic Graph (DAG). With IOTA there are no dedicated miners involved or needed in the process of verifying network transactions unlike Bitcoin or the vast majority of other blockchains. In the place of miners, with each transaction that is made on the IOTA network, the iginal creator of the transaction must verify two other transactions on the network. In a way, the miners and users are one in the same. Each transaction requires a small amount of Proof of Work to be done on their part in order to participate on the network. There are no fees in the traditional sense when a transaction takes place, only a small amount of the senders processing power in return for a secured network.…”
from https://ift.tt/2GkTou8
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Invisible unicorns: 35 big companies that started with little or no money by https://is.gd/LCvfCV
Venture capital is a hell of a drug, and it’s possible to overdose on VC, but for most founders that is a champagne problem.
More often the question investors hear is “how do I get a VC to back my startup?” These founders aren’t worried about how overcapitalization will make their IPO prospects trickier — they’re scrambling to get someone, anyone, to sign their first term sheet.
from https://is.gd/LCvfCV
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