Cardano founder Charles Hoskinson reacts as Treasury Secretary Scott Bessent celebrates Bitcoin white paper, praising Bitcoin's resilience in a tweet.
Cardano founder Charles Hoskinson reacts as Treasury Secretary Scott Bessent celebrates Bitcoin white paper, praising Bitcoin's resilience in a tweet.Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.
Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.marked its 17th anniversary on Friday. Seventeen years ago, on Oct. 31, Satoshi Nakamoto published the Bitcoin white paper on the cryptography mailing list in 2008.The milestone was celebrated across the crypto community, with Treasury Secretary Scott Bessent participating in the moment. Bessent praised Bitcoin's resilience in a tweet, which also highlighted the 17th anniversary of the Bitcoin white paper:"17 years after the white paper, the Bitcoin network is still operational and more resilient than ever. Bitcoin never shuts down."Crypto Market Prediction: Is Shiba Inu in Critical Condition? Ethereum Bounce Must Happen, Bitcoin Bounces Before $110,000 Major Date for XRP Holders Revealed, Michael Saylor Reacts to Bitcoin Price Crash, Cardano Confirms Death Cross — Crypto News Digest"Something is profoundly magical about the sitting Treasury secretary of the United States tweeting about Bitcoin and its reliability," Hoskinson wrote.In recent news, cbADA borrow markets are now live on Base. CbADA is Coinbase's wrapped version of Cardano on Base, 1:1 backed by real ADA. The recent move is expected to open up more cross-chain DeFi possibilities. In big news for Cardano, Input Output has revealed Ouroboros Phalanx, a new upgrade that will make network attacks way harder and more expensive while enabling up to 30% faster transactions. Ouroboros Phalanx raises Cardano’s security bar with powerful protection against stake-based attacks — ensuring faster transactions and stronger network integrity.
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