Bitcoin Wallet Blockchain says it is adding 50k users a day


  Robinhood

The portfolio of Cryptocurrency Blockchain is adding 50,000 users a day amid the current crisis on the crypt.

Publishing on his Twitter account, Blockchain CEO and Cofounder Peter Smith made the claim in a tweet that also seemed to take

Defying the Downturn

Interview with Bloomberg with the managing director of Coinbase Brian Armstrong in which he claimed that Coinbase was subscribing 50,000 new users every day to the peak of last year's bitcoin rally, Smith tweeted that Blockchain is currently recording that number of new users every day, and that the service helps them to use actually and engage practically with crypto, as against other unspecified use cases.

The tweet said:

Observers allegedly the statement is It was taken to Coinbase for apparently helping people to enter a crypt for speculative purposes, rather than for practical purposes, unlike Blockchain. The implication, in other words, is that Smith was suggesting that the Coinbase model of trading and investment-heavy does not necessarily help the long-term adoption of cryptography, and could in fact have contributed to the cryptic sector crisis .

Blockchain & # 39; s Great ambitions

Like the "trusted company crypt", which has self-defined itself, Blockchain certainly does not seem to want to take part in a small self-promotion from time to time. Smith's statement, although difficult to verify, is in line with the aggressive mentality of the company, which has recently reached the milestone of 25 million portfolios.

The company offers its users the possibility to send, receive, exchange and archive their cryptocurrency, which places it firmly in the territory of "competitor Coinbase". So far it seems to be more than keeping his own, after successfully closing a round of financing of the $ 40 million series B led by Google in 2017.

Once listed among the top ten most disruptive companies of Virgin UK, Blockchain has decided to conquer both the encrypted market retail and the investment market. CCN reported in July that the company has launched a product for institutional investors called Blockchain Principal Strategies.

The product offers institutions and family offices personalized access to markets and research in light of growing interest from funds, pension funds and mutual funds in the cryptography industry.

From the standpoint of retail, Blockchain has also been at the forefront of some of the most significant moves in cryptographic transaction engineering such as the introduction of Segregated Witness (Segwit) and the pioneering transaction commissions estimate program that allows users to assign commissions based on Satoshis per byte.

Image highlighted by Shutterstock.

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