I really hate that this has become so normalised in the crypto space, but I've encountered it many times before and again just now. You want to view a project's DApp but it forces you to connect your wallet in order to even launch the app properly. Isn't this a huge security risk? Part of…
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Solana’s (SOL) network crashed for the sixth time. Smart Contract Developers are now eyeing alternative blockchain networks LUNA, BSC and XDC Network The crypto world continues to develop its technology to provide the best blockchain experience to all its users in the space. However, sometimes due to unavoidable circumstances, problems occur unexpectedly. This time, Solana (SOL) experienced a network crash for the sixth time. As a result, the crypto community cannot stop thinking if SOL will have the same faith as EOS. This Solna Network Crash made author and crypto enthusiast Mark Jeffrey react in a tweet post, Another day, another 48 hour #Solana outage. This is like the sixth time this has happened in 3 months. I have zero faith in it now. It is the new EOS. The fight is now between ETH, BSC, Fantom, Avalanche and Terra. — Mark Jeffrey ⚡️🚀 (@markjeffrey) January 23, 2022 Meanwhile, these recent crashes encountered by the SOL network upset many Smart Contract Developers as well as the crypto community. As a result, the crypto community is now eyeing other alternative platforms (Ethereum killers) that could provide them with the expectation they need in their everyday crypto transactions. These include BSC, XDC, Fantom, Avalanche, and Terra, to name a few. These recent blockchain network issues encountered by the SOL network upset some of the crypto community members. As a result, investors have started to consider other Blockchain networks that could meet the expectations when it comes to everyday crypto transactions. XDC Network (XDC) chain is one of the crypto platforms to catch the attention of global investors at the time of writing this article, with only XDC in Green while rest of the Crypto remains in RED (Source: Top100 coins at coinmarketcap.com ). This indicates that not only smart contract developers but the crypto community also started looking towards XDC Network. The XDC protocol is designed to support smart contracts in as seamless a way as possible. Over 3,800 smart contracts have been created on the XDC Network. Here is the growth graph over time as referred from the recent article of XDC Foundation. Source: Medium Furthermore, the XDC Chain (XinFin Digital Contract) uses XinFin Delegated Proof of Stake (XDPoS) to create a highly scalable, secure, commercial-grade blockchain network. Indeed, XDC enables various real-world use cases like remittance (WadzPay), trade finance (TradeTeq), ISO20022 messaging standard (IMPEL), decentralized Storage (Storx), Data ORACLE (Pugin), Decentralized email (LedgerMail), R3 Corda’s only Public blockchain Bridge (LAB577) DEX (xSWAP and globiance), Stable coin (usnota, SGDG, EURG, HKDG, GBPG, USDG etc), NFT MarketPlace (XDSea) and many more use cases adopted XDC Blockchain Network. On the other hand, this system crash experienced by SOL is not the first in space. In fact, this kind of scenario is not new in the crypto community. However, today, the crypto space is witnessing the rise of crypto projects such as XDC that offer a seamless blockchain network. Hence, it is up to the users to pick the crypto network that suits their crypto needs.
Sven Henrich, CEO of NorthmanTrader, is the latest Bitcoin supporter after speaking with Michael Saylor.
Title says it all really, the markets are absolutely racing upwards today. Maybe a rebound, maybe a dead cat bounce, maybe a rally, maybe just a small pull back we don't know. Nothing has changed from last week so don't be surprised if the markets continue going back down again tomorrow, especially with the heightened…
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Cardano and its ecosystem have been implementing major improvements since Q4, 2020, and across 2021. Its users, stake pool delegators, and the company behind its development Input-Output Global (IOG), under the leadership of Charles Hoskinson, have been particularly focused on expanding Cardano’s smart contract capabilities. Thus, the successful implementation of three Hard Fork Combinator (HFC) events, dubbed “Allegra”, “Mary”, and “Alonzo” have opened an endless field of possibilities for Cardano. Cardax, a decentralized exchange and automated market maker (AMM), built for this network is one of the many projects seeking to leverage Cardano’s new capabilities as the ecosystem moves to fulfill a vision of decentralization, financial inclusion, and sustainability. Supported by the Cardano community via the ecosystem’s crowdfunding program Project Catalyst, Cardax is one of the AMM on this network aiming to provide its users with a secure and reliable product. On Ethereum, hackers have taken millions from users by leveraging security flaws. The AMM on this network will fully support Cardano’s native token capabilities by allowing its users to trade with these digital assets, to trade with different native tokens in a single transaction and become liquidity providers with the Extended Automated Market Maker (EAMM) protocol. These features make Cardax a more efficient, cost-efficient, and secure product set to compete with Uniswap, SushiSwap, PancakeSwap, and other AMMs in the industry as it will offer users unique functionalities. This will include the capacity to trade via Cardano’s Yoroi wallet, and liquidity provides the ability to earn fees collected on the platform. Why Cardax Is A One-Of-A-Kind Platform For The DeFi Sector Another unique characteristic about this platform is its hybrid model that will combine the benefits of an AMM and an order book, such as the one used in traditional exchanges, to enable trading. The end-user will be able to benefit from these dual models by leveraging efficient slippage and minimizing the risk of impermanent loss. This is how Cardax will provide a practical solution to the most common issues present in almost every AMM currently operating in the DeFi sector. At the same time, projects building on the Cardano ecosystem will be able to access a native market for their tokens and boost their adoptions levels. The DEX is being created in collaboration with Well-Typed, a top Haskell consultancy led by Duncan Coutts, and Mlabs, a Haskell, Rust, Blockchain & AI consultancy firm. It has also partnered with Tweag, a software innovation lab that concentrates on Haskell development for finance platforms and applications. In 2022, Cardax will attempt to deploy its own native stablecoin to facilitate trading. Post-launch, the developers of this AMM will focus on working on its second iteration with even more features and functionalities. As Cardano aims to become a fully decentralized and self-governor ecosystem, Cardax will be managed by its community. All CDX holders, the native token for this platform, will have a voice and say about the project’s future development. The Cardano network and its developments have a strong community and persistent detractors. The latter claimed the blockchain has taken “too long” in deploying smart contracts, but loyal users have stayed due to its clear vision, roadmap, its security, and projects such as Cardax that could support the digital economy of the future.
Today I saw 16k+ posts trending on Twitter with the misspelling Ethereum. Surely this is a good indicator of astroturfing? Or did 16k+ people decide today to misspell "Ethereum"? This makes me so skeptical of any crypto trend on Twitter. https://preview.redd.it/qfanpqd5dtd81.png?width=408&format=png&auto=webp&s=9f4c6690d81e28df6b90feaab03570ad4a8d433e submitted by /u/justkeepsw1mming [link] [comments]
EXPERIMENT – Tracking Top 10 Cryptos Of 2020 – Two Year Report – UP 795% The full blog post with all the tables is here. Welcome to the monthly recap for the 3rd of 4 homemade Top Ten Crypto Index Funds. The 2020 Portfolio is made up of: Bitcoin, Ethereum, XRP, Tether, Bitcoin…
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Each NFT in the “Lennon Connection: The NFT Collection” would be offered as an audio-visual collectible, narrated by Julian Lennon himself.
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