CJ - Cryptocurrency Enthusiast
Cardano will enhance the Plutus smart contract language for dApps, lessen block transmission latency, and add "diffusion pipelining" to the blockchain with the Vasil hard fork. Vasil's primary goal is to scale the chain while providing developers with additional resources and access to information.
Cardano's Vasil update was explained in a video by Dan Gambardello on his YouTube channel Crypto Capital initiative. Gambardello noted in the video that the Vasil update included "diffusion pipelining" and three Cardano Improvement Proposals (CIP).
The three CIPs, which center around datums, are CIP 30, CIP 32, and CIP 33. A novel method of obtaining data in datums as a reference input is presented by CIP-31. In place of datum hashes, CIP-32 proposes an approach that permits datums themselves to be connected to outputs. With CIP-33, a script may now be referred to without being included in every transaction.
Diffusion pipelining, for the uninitiated, is an enhancement to the consensus layer that allows for quicker block propagation. Additionally, it allows for even bigger headroom increases, which will improve Cardano's performance and competitiveness.
Additionally, 80% of all liquidity providers and more than 75% of stake pools have upgraded to the most recent node, version 1.35.3. Nodes, smart contracts, and websites have all been upgraded by the top 10 DApp developers.
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Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards