Tether Response to Flawed Paper by Griffin and Shams_THE:reward ETH

WehavenowreviewedtheupdatedTetherarticlebyJohnM.GriffinandAminShams.

Toobtainpublication,GriffinandShamshavereleasedaweakenedyetequallyflawedversionoftheirpriorarticle.Therevisedpaperisawatered-downandembarrassingwalk-backofitspredecessorthatstillsuffersfromthesamemethodologicaldefects,coupledwiththeclumsyassertionthatonelonewhalemayberesponsiblefortheriseofbitcoinin2017.

数据:Tether在3月份增发USDT超18亿美元:3月28日消息,据Stablecoin Printer数据显示,Tether在3月份增发USDT超18亿美元。据悉,自本月初以来,Tether一直在增发大量USDT以满足加密货币交易者的转换需求,近四日内更是疯狂增发,至今已经增发超过11亿美元的USDT。[2022/3/28 14:22:50]

Thepurportedconclusionsreachedbytheauthorsarebuiltonahouseofcardsthatsuffersfromtheabsenceofacompletedataset.Asanexampleofoneofmanydeficiencies,theauthorsopenlyadmittheydonothaveaccuratedataonthecrucialtimingoftransactionsortheflowofcapitalacrossdifferentexchanges.Thiscriticallackofinformationmeanstheyareunabletoestablishavalidsequenceofeventsthroughwhichtheallegedmanipulationcouldhavehappened.Theupdatedpaperisstillbasedonthesameincompleteandcherry-pickeddatathatmadetheoriginalstudydeficient.Furthermore,theauthorsnowadmitthatthepatternsoftradingtheyobservedcouldbeconsistentwiththemarketpurchaseofTethers,asopposedtotheissuanceofunbackedTethers.Importantly,theauthorsdonotpossessorreferenceanydatadisputingthatTetherhassufficientreservestobackupTethertokenissuancesincirculation.

数据:9、10两月Tether新增印钞约合44.2亿USDT:据Tokenview区块浏览器数据显示,9、10两月USDT新增印钞44.2亿枚。新销毁10亿枚,其中以太坊上印钞数量约23.2亿,波场链上约21亿。发行的USDT流入5家交易所,共计金额29.37亿,其中约有12.3亿流入了Bitfinex交易所,占比41.8%,16.9亿流入了币安交易所,占比57.5%。截止10月31日,USDT的流通量约为166.368亿枚[2020/11/2 11:26:17]

DespiteGriffin'sfalsebravadoinrecentaggressivestatementstothemedia,theauthorsdemonstrateafundamentallackofunderstandingofthecryptocurrencymarketplaceandthedemandthatdrivesTethertokenpurchases.Simplystated,thedigitaltokeneconomyisdrivenbylargerandmorecomplexfactorsthanthetradingpracticesofanysingleplayer.Judgingbythereactiontotheupdatedpaper,sophisticatedandexperiencedtradersintheecosystemappeartofullyunderstandthisconcept.Toreducethespikeinthebitcoinpricein2017tosuchsimplistictermsisfacile.Itisalsoaninsulttothemillionsofpeopleinourcommunitythatbelieveinthesoundprinciplesgoverningthedigitalcurrencyeconomy.

Tether在波场网络增发1亿枚USDT(已授权未发行):据DAppTotal.com稳定币专题页面数据显示:05月13日01时26分,USDT发行方Tether在波场网络增发1笔价值100,000,000美元的TRC20 USDT,块高度为:19679971,交易哈希值为:b71b66db480d0d507ce953111d65f283b3045a45c7b782c258418c113b9b2ba3。对此,Bitfinex首席技术官Paolo Ardoino表示,波场网络补充了1亿USDT的库存。请注意,这是一笔已授权但未发行的交易,这意味着该金额将用作下一次发行请求的库存。[2020/5/13]

TetheranditsaffiliateshaveneverusedTethertokensorissuancestomanipulatethecryptocurrencymarketortokenpricing.AllTethertokensarefullybackedbyreservesandareissuedpursuanttomarketdemand,andnotforthepurposeofcontrollingthepricingofcryptoassets.Itisreckless–andutterlyfalse–toassertthatTethertokensareissuedinordertoenableillicitactivity.TethertokenissuanceshavequadrupledsinceDecember2017.Thisgrowthisnotaproductofmanipulation;itisaresultofTether'sefficiency,acceptanceandwidescaleutilitywithinthecryptocurrencyecosystem.

动态 | Tether Treasury在OMNI上的地址仍有2.59亿USDT:据Tokenview数据分析,近24小时Tether Treasury在OMNI上的地址净流出10,830,650 USDT,地址余额为2.59亿USDT。[2019/7/9]

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