The NFT blockchain will be the next step after all localities ban Bitcoin Ethereum from "mining"

Although cryptocurrency trading and "mining" are prohibited in China, the exploration of blockchain technology continues. At the just-concluded World Artificial Intelligence Conference, da Hong Fei, founder and CEO of distributed technology, said in an interview with China Business News that "the manageability of blockchain" is a recent issue. At present, the scale and growth rate of global public chain market is much higher than that of alliance chain business, but there are many limitations in public chain, such as illegal crime, hacking, network risk, regulatory obstruction and so on. And it has brought huge irreparable losses. Therefore, how to improve the manageability of blockchain will be an important issue for blockchain to go mainstream.

In the past two months, the currency circle has been very unstable. On May 2 1, the State Council Financial Stability and Development Committee issued a document saying that it would "severely crack down on bitcoin digging/mining and trading". On May 25th, the Inner Mongolia Development and Reform Commission issued eight measures (draft for comments) to combat virtual currency "digging/mining". On June 9, Qinghai Provincial Department of Industry and Information Technology issued the Notice on Cleaning up and Rectifying the Mining Project of Virtual Currency to clean up and rectify the mining behavior of virtual currency.

On June 18, the Sichuan Provincial Development and Reform Commission issued the Notice of the Energy Bureau on Cleaning up and Closing Virtual Currency Digging/Mining Projects. For virtual currency mining/mining, relevant power enterprises in Sichuan need to complete the screening, cleaning and closing work before June 20.

# Bitcoin [Chaohua] # # digital currency # # Ou Yi OKEx#