IOEN projects come amid the current tough talk about blockchain and cryptocurrencies due to their high power consumption, especially for those using the Proof-of-Work (PoW) consensus mechanism. PoW requires a lot of machine power to solve arithmetic problems to validate transactions, as well as to introduce new coins into the network. Several companies have invested in the project, including SL2 Capital, AU21 Capital, Insignius Capital and Skyman Ventures (Mashable).

I think that this is not necessary, you can buy simple dollars. but if you are a crypto enthusiast, then having stablecoins is a must, especially now, when everything seems to be an inflated bubble.

I am not at all surprised that sooner or later everyone will come to this, since they will have no options. The sooner countries do this, the easier it will be in the future. By the end of 2021, the Central Bank of Thailand plans to adopt rules on stablecoins, the assistant to the head of the institution said.

News of Coinzo's decision to shut down came after President Recep Tayyip Erdogan said in September that Turkey was "at war" with cryptocurrency, despite earlier reports that the Turkish government had drafted a bill to regulate the country's crypto space that, is expected to enter parliament. in October this year. It is quite possible that things will come to a complete ban on cryptocurrencies, as has already been done in the PRC, however, there is a possibility that the authorities still will not do this. It is good that there are other countries, in particular El Salvador, where Bitcoin is accepted in as a means of payment, and the list of such states will be replenished soon.

In my opinion, there is no better cryptocurrency exchange. Each has its own pros and cons. For example, the largest Binance exchange recently delayed the transfer of FLOW tokens by three days, as a result of which the rate fell by three dollars. Therefore, it is difficult to answer this question.

Of course, sooner or later they will come to life because Ripple Can Replace SWIFT In the long term, it all depends on the general mood of users. Accordingly, in order to understand whether the value of XRP will grow, it is necessary to predict the situation in the entire market.

Perhaps there will be a PAMP, because the opinion is that XRP PAMP is the last thing. Well, until the proceedings with the SEC are completed, it is difficult to predict something, I think there will be a sideways trend, unless, of course, bitcoin starts spilling.