Author: dfmines

Cryptocurrency News and Public Mining Pools

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Odin Platform Opens a Gateway to Cardano & Solana

Odin is a very promising project with a development team that is working hard into providing the users with a plethora of features, capabilities, and tech. Today, Odin has expanded its blockchain from using just Solana into incorporating Cardano as well, creating a multichain platform that will become more efficient and secure. Benefits Of Working In Multichain Multichain incorporates the use of more than one blockchain to operate a platform, As a private blockchain, it assures network scalability by restricting the data shared every block, removing extraneous data, and increasing transaction speed. Because the blockchain’s activity is only accessible to selected users, it also provides enterprises with much-needed project privacy. Multichain uses multiple chain data storing approach to tackle scalability difficulties. Every item of data published to a stream can be on-chain or off-chain, depending on your preferences. MultiChain does not duplicate data to every node, unlike other blockchains where all nodes are expected to validate and keep transactions. The size of blocks is lowered by embedding hashes of big chunks of data, rather than the data itself, within transactions. Each piece of data’s decryption key is only shared with the participants who are supposed to see it. Benefits of Cardano Cardano (ADA) is a low-fee blockchain that can handle transactions and smart contracts without a lot of overhead. Its dual-layer architecture separates computing tasks from settlement procedures, allowing each layer to handle the increased workload. Cardano (ADA) may not be the cheapest cryptocurrency to trade, but it is unquestionably a low-fee coin to transfer and engage with. OKEx Partnership On a separate note, Odin has also announced its partnership with OKEx, part of Odin’s plans to integrate with exchanges to streamline integration between the platform and the various exchanges it plans to support for its users. The Odin team is working on allowing the platform to support connecting to both centralized and decentralized exchanges; creating a fresh take on the creation of algorithmic decentralized bots.   Find out more about Odin by visiting the website.

News: New crypto tax in Austria – everything after 28.2.21 has to be taxed (27,5%)!

Disclaimer – this is not financial or legal advice. It has happened: The Austrian government sneakily introduced a new law, making crypto investments taxable. The law will take effect on March 1st, 2021 meaning that all crypto bought after the 28th of February 2021 will be taxed with a 27,5% tax rate (which has already…
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Xfinite (XET) Partners with Yieldly for a New Staking Pool

Xfinity’s ecosystem utility token, XET, is one of the four largest Algorand Standard Assets (ASAs) to launch the new staking pool partnership with the DeFi platform Yieldly on the 17th of November. The multi-asset pools also include other outstanding projects powered by Algorand: Smile Coin Network (SMILE), the Asia Reserve Currency Coin (ARCC) from the International Blockchain Monetary Reserve, Opulous (OPUL), among others. The partnership aims to drive growth and encourage mass adoption, allowing Yieldly and Algorand’s communities with more than 10 million users to easily access the tokens. “We are thrilled to announce this collaboration that will enable users to stake and claim their rewards at any time in these pools, enhancing the value of the ecosystems involved. We hope to bring more flexibility for DeFi participants and support the growth of Xfinite’s solutions”, said Sebastian Quinn, founder of Yieldly. With this collaboration, Xfinite’s unique NFTs will also be available in the Yieldly’s Prize Games to those who stake in the Xfinite pools. “Xfinite partners with Yieldly to kick start staking initiatives. It’s our first step towards enabling different staking mechanisms for XET holders. This partnership presents a great opportunity for our community, to access staking rewards by leveraging the power of XET”, said Swaneet Singh, Xfinite’s CEO. Xfinite’s utility token, XET, was recently listed on the globally integrated trading platform, Bitmart, allowing more than 5 million users across 180 countries to buy and trade XET in a fast and secure transaction. XET is also listed on MEXC Global. Through XET, the Mzaalo dApp, and Xfinite’s future use cases, are to revolutionize digital media through innovations to customer experience, data-driven engagement and ecosystem economics. Xfinite’s ecosystem is powered by Algorand, a blockchain that offers scalable, fast, and trustworthy technology. Algorand’s pure proof-of-stake (PPOS) consensus protocol ensures full participation, protection, and speed to its decentralized network, with blocks finalized in seconds. This mechanism removes the technical barriers that for years were in the way of mainstream blockchain adoption, at the same time that builds a more sustainable and carbon-negative environment. About Xfinite Xfinite is a blockchain-based platform powered by Algorand and designed to re-establish trust between consumers, content creators, and publishers. Xfinite’s utility token, XET, the native currency of the Xfinite ecosystem, is listed on Bitmart and MEXC. The Xfinite ecosystem helps the media and entertainment industry combat advertising fraud by increasing transparency and creating a new habit of engagement. Its first use case is the dAPP Mzaalo, a video on demand (VOD) decentralized application available on iOS, Play Store and web. Mzaalo offers 12,000 movies, including Originals and Live TV. About XET The XET token is the native currency of the Xfinite ecosystem. It works on the proof of engagement, meaning the more users interact with the token through Xfinite’s use cases the more incentives they earn. XET functions as a unique value exchange and governance mechanism for all stakeholders including users, brands & influencers, and content producers. The XET token was built on the Algorand blockchain because it is cost-effective at scale and therefore perfect for microtransactions. The average cost is less than $0.001 per transaction. Algorand is also a world leader in carbon-negative technology.  

Chinese retail giant JD accepts digital yuan payments for Singles Day

Some 450,000 JD.com customers have used China’s digital yuan for payments as of June 2021.

Those who came to crypto from stocks, what are some pros and convos of crypto over stock market?

Crypto has attracted a lot of people, ranging from mechanics and plumbers to businessmen and investors. No wonder, it also attracted a large number of investors and stock market veterans cause let's be honest what holding a stock can generate in years, crypto can do it within days. So, my question is to the stock…
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PulsePad’s $PLSPAD ROI Is Only Getting Started After Hitting 950x in 60 Minutes

If you missed out on the PulsePad IDO, you’ll soon be paying a very high price for $PLSPAD tokens – After recording a 950x ROI within 60 Minutes of trading, the token’s momentum continues to build rapidly. Due to its unprecedented potential, it may set an all-time high for the already highly successful BlueZilla group’s launched projects. PulsePad IDO ROI Goes Off The Charts People who kept a close eye on any of the BlueZilla launchpads IDOs recently will know every one of these projects has tremendous ROI potential. PulsePad, the latest launchpad solution under the BlueZilla banner, brings prominent attention to the revolutionary PulseChain ecosystem. Not only is the ecosystem very powerful and beneficial to developers and users, but promises to provide the next wave of infrastructure for Ethereum. The backing by Bluezilla makes this a premium project everyone should be paying attention to – Bluezilla has a solid reputation for bringing the highest-ROI projects to market, and it is extremely likely that PulsePad will follow a similar path. Noteworthy examples of the team’s launchpads include ETHPad (166x ROI), ADAPad (360x ROI), TRONPad (255x ROI), BSCPad (329x ROI), VelasPad (177x ROI), and many others. More recently, the team introduced AstroSwap, a powerful solution for the Cardano ecosystem, which noted a 504x ROI. Other factors to consider beyond the BlueZilla backing are the strong community PulseChain has put together, consisting of over 34,000 members on telegram alone. Additionally, the social activity regarding PulseChain and $PULSE is off the charts and continues to build every day. Combined with the bullish market sentiment affecting all crypto markets before PulsePad launching, it creates a very potent cocktail for $PLSPAD investors – there is no limit as to how high $PLSPAD can go, and this could well be shaping up to be the biggest BlueZilla-backed IDO ever. The Power Of PulseChain To grasp the potential of PulsePad, one must acknowledge the power PulseChain holds in the blockchain ecosystem. While most developers favor Ethereum, it is also an inefficient, expensive, and slow blockchain to work with. The network is nearly always at full capacity through the current transactions, DApps, and DeFi projects. None of these ventures can achieve their maximum potential due to technical constraints. That situation is problematic, which is why PulseChain provides a far better alternative. As a fork of Ethereum, PulseChain is capable of achieving feats and milestones Ethereum itself may never reach. It is a proof-of-stake blockchain that provides much lower fees and has a much higher network capacity thanks to its three-second block times than Ethereum’s twelve seconds. In addition, as smart contract operations are handled off-chain, PulseChain helps reduce Ethereum’s load and enriches the blockchain’s token holders, users, and developers. Another crucial venture is how PLS, the native asset of PulseChain, has 0% inflation. That is very different from Ethereum, which has no hard supply cap for ETH. The only network users earning fees are the validators securing the network through proof-of-stake. However, 25% of the earned fees are destroyed permanently to create a deflationary supply curve. There is the PulseBridge contract, creating interoperability between Ethereum and PulseChain. Users can trade ETH on Pulse and PLS on Ethereum. More importantly, PusleBridge can bridge to other smart contract networks, creating tremendous liquidity and cross-chain potential. That aspect brings an unlimited potential to PulseChain, PulsePad, and any future building on this technology. What Is Next For PulsePad and PulseChain? Having the support of BlueZilla is an essential step to foster and nurture development on the PULSE network. BlueZilla’s backing of PulsePad ensures developers can access funding, but also legal, marketing, developer, and other forms of help through the team’s rapidly expanding network of partners. With its proven track record of successful launches and providing incubation to projects, BlueZilla is a crucial cornerstone for the PULSE ecosystem, and a value signal for investors in the developing market. PulsePad looks set to be a household name in a few months from today once more developers unlock PULSE network’s potential, and the $PLSPAD ROI shows strong signals on climbing to even higher heights than the 520x it is today. Trade PLSPAD/USD on Pancakeswap  

I did it. I was able to regain my wallet

Hello you beautiful crypto investors. For the last 2 days, ive been really down because well, my trust wallet became completely compromised. Coins were being transferred out without me knowing or being sold on the exchange or being routed to another wallet. I couldn’t remove 8 bad contracts via BSC revoke tool, or beefy. FYI,…
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