What is Bretton Woods system?

The Bretton Woods Agreement and System created a collective international currency exchange regime that lasted from the mid-1940s to the early 1970s. The Bretton Woods System required a currency peg to the U.S. dollar which was in turn pegged to the price of gold.

Comments

Post a Comment

Popular posts from this blog

What is Vechain (VET) information and news?

Image
Vechain is a product ID management solution on blockChain, a unique ID for every product, combining blockchain and encrypted ID. Launched in 2015, VeChain Technology is a global leading enterprise-friendly blockchain company which aims to connect blockchain technology to the real world by providing enterprises with blockchain-enabled solutions suited to their business needs. It offers VeChain ToolChain™, a low-code blockchain-based SaaS platform that allows enterprise clients to rapidly build and drive digital transformation on a global scale, enabling the evolution of a trust-free and a distributed ecosystem. VeChain Technology is a pioneer of real-world blockchain applications, with international offices in China, Singapore, Luxembourg, Japan, France, Italy and the United States. With strong independent development capabilities, combined with the professional compliance guidance of our strategic partners, PwC and DNV, VeChain has established partnerships with many leading enterprises
Read more

Accidental Fork

 This refers to a situation where two or more miners successfully count violently at the same time, which means finding a block. The block that contributes to the longer string is stored while the other remains.
Read more

What is BitcoinSV (BSV)?

  BSV (Bitcoin Satoshi Vision, Bitcoin SV) is a complete implementation of Satoshi Nakamoto's white paper protocol design, providing a stable protocol and unlimited on-chain scale, aiming to become a universal peer-to-peer electronic cash and value data transmission network. BSV is based on five props: safety and reliability, protocol stability, unlimited scale, real-time confirmation, and legal compliance. By restoring the Ｓcripted opcode designed by Satoshi Nakamoto, companies and development teams around the world are now able to create various business solutions on the BSV blockchain to implement functions such as smart contracts, tokens, and tickets. BSV's secure and instant low-cost small and micro payments and capability for processing tremendous scale transactions will give birth to more new enterprise-level blockchain business models for the market.
Read more