Business Description
Senate debates ByteDance's TikTok sale, with varying opinions on the House bill. Concerns raised over national security and Chinese access to data. Urgency emphasized due to the overwhelming House vote, while some senators express opposition. The Senate Commerce, Science and Transportation Subcommittee on Communications, Technology, Innovation and the Internet hellip Every cryptocurrency in the world relies on a “blockchain” platform, which is needed to trade with digital currencies. Tracking and verifying a transaction on such a platform is like solving a puzzle because networks are often decentralized, and there is no single authority in charge of monitoring payments. As a result, a transaction involves an immense number of mathematical calculations, which in turn occupy vast computer server capacity. And that requires a lot of electricity.
