In addition, El Salvador will officially designate Bitcoin as legal tender on September 7.
On September 7 (next Tuesday), Bitcoin will officially become the legal tender of El Salvador. The Salvadoran government stated that whether to use Bitcoin is optional, and the U.S. dollar will continue to circulate, and wages and pensions will continue to be deposited in U.S. dollars. El Salvador official Bitcoin wallet Chivo Wallet will also be September 7 on the line , in order to encourage citizens to download, download the citizens of El Salvador government said in Chivo Wallet app store, will receive $ 30 worth of Bitcoin. The President of El Salvador, Nayib Bukele, emphasized that the use of Bitcoin is not mandatory, and citizens who do not want to use it can not download the wallet. In addition, on August 31, El Salvador’s Congress also approved the establishment of a $150 million Bitcoin trust fund managed by the National Development Bank of El Salvador. The trust aims to facilitate the conversion between Bitcoin and the U.S. dollar and support the launch of key technological infrastructure to enable the widespread adoption of crypto assets.
Unlike the government’s motivational attitude, the people of El Salvador once held a rally in front of the legislative assembly to protest the use of Bitcoin as the country’s legal tender. Earlier, a survey commissioned by the Regional University of San Salvador, the capital of El Salvador, showed that 77% of Salvadorans believed that the adoption of Bitcoin was “not very wise” or “not at all wise”, while only 12.9% of the people called it “wise” Action, 6.5% of the people think it is “very wise”. On September 1, the International Monetary Fund (IMF) once again warned El Salvador on Twitter that privately issued crypto assets like Bitcoin are accompanied by huge risks and that it is not advisable to use them as a national currency. Prior to the proposal of the El Salvador Bitcoin legal tender bill, many countries have expressed interest in Bitcoin, including Paraguay, Argentina, Panama, etc., but so far, no definitive proposal has been put forward. As the first country to eat crabs, the results of this “Bitcoin experiment” in El Salvador deserve further attention.
Infrastructure, Cardano scheduled for September 12 were Alonzo upgrade will increase intelligence contracts to support the introduction of multi-functional intelligent platform for building contracts, allows you to create decentralized applications and smart contract to the center of finance, Create opportunities for enterprises and developers. Cardano was once regarded as an established public chain project of a strong competitor of Ethereum, but its smart contract has not been launched for a long time, and it has also been awarded the title of “dead chain” due to its ability to land. After this upgrade, it remains to be seen whether Cardano can keep up with the ever-changing pace of the DeFi track.
Cardano’s current ecological progress can be read here .
List of other key events ( click here to subscribe to the blockchain calendar )
September 6
- OKEx’s NFT platform OKExNFT sells the first batch of NFT works
- The Saffron Finance V2 version of the DeFi risk grading agreement completes the second round of audits
- The first NFT collection launched by Italian high fashion brand Dolce & Gabbana on the luxury market UNXD starts auction
September 7
- Binance NFT Market’s NFT series of collections and auctions on the theme of the famous paintings in the collection of the Russian Hermitage Museum ended
- Polkadot smart contract platform Moonbeam Foundation opens community token sales
September 8
- NFT second-tier solution Immutable X opens token IMX public offering on CoinList platform
- Polkadot advance network Kusama launches second round of second parachain slot auction
- DAO Maker plans to airdrop USDR tokens to users affected by the hack
- Gitcoin launches the 11th round of donations
September 9
- The decentralized cloud computing network Aelf will start the mainnet currency swap, and the currency swap deadline is December 9, 2021
- Sotheby’s auction of 202 BAYC and BAKC NFTs is over
- Terra plans to upgrade the “Columbus-5” stablecoin protocol
September 10
- NFT cross-chain trading platform PolkaFantasy jointly held IDO on TrustPad and ChainBoost
- Polkadot Ecological Decentralized Infrastructure Platform Apron Network Opens Pledge Channel for Service Market
- Microsoft shuts down Azure blockchain service and recommends migrating to Quorum blockchain service
September 11
- The first MetaBUIDL hackathon held by NEAR Protocol ends
September 12
- 2021 Wanxiang Blockchain Hackathon ends
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