Author: dfmines

After months of intense development and beta testing Cartesi is proud to announce that Staking Delegation is live on mainnet. Erick de Moura, CEO of Cartesi, says, “This is a fundamental turning point where Cartesi starts to become a more collective construction. Our community’s participation matters and makes us all stronger, from the CIP discussion about the fee structure, to the constant support and feedback from CTSI holders and node runners. We are thrilled to release Delegated Staking for everyone.” The launch was carefully planned to ensure that Cartesi community members holding CTSI would be exposed to a minimum amount of risk throughout three test phases, including the last beta phase on mainnet. In total, three audits were conducted. One internal audit was done by our advisors and two by external companies including Certik (whose review can be found here) and ImmuneFi who will be launching a bug bounty program. During the beta phase on Mainnet, Cartesi worked with three staking partners: Everstake, Blockscope and HashQuark, who created and managed pools, each limited to a maximum of 3.6M CTSI. From Cartesi’s Mining Reserve Intermediate Wallet, 3,000,000 CTSI were staked for testing purposes, ensuring block production and accurate testing. To ensure fair block production as new pools slowly come in, the mine reserve tokens will now be gradually unstaked over the next few weeks. The Cartesi Foundation will continue covering all of the fees, ensuring no effect on the mine reserve’s supply. 600,000 CTSI is available to be accepted by each pool from the community. The pool managers chose the commission for their operation. Welcome to a full entirely decentralized system on Mainnet Now, any individual or organization can create and manage staking pools without any limit or cap imposed, in a safe and trusted environment that has been thoroughly tested and audited. For all new pools entering the system, the Cartesi Foundation will also help ensure fair block production by delegating its own tokens until the pools are competitive. Full details about the staking and unstaking process can be found here. What Cartesi’s Staking Delegation Mainnet release means on a bigger scale Blockchain adoption is a niche. Only 0.1% of developers have explored blockchain because of its inconveniences. Developers worldwide deal with very restrictive environments and cannot code smart contracts with mainstream software. With an operating system like Linux, they could use existing software and tools to create blockchain applications. Cartesi’s staking delegation on mainnnet is great news for CTSI holders, who can hold on to the Cartesi project token, but also support and help create a secure infrastructure for Noether. Cartesi is allowing developers to code scalable smart contracts with rich software tools and components they are used to. The project is a layer-2 solution that integrates Linux and standard programming environments into the blockchain. Combining a groundbreaking virtual machine, optimistic rollups and side-chains, Cartesi aims to revolutionize the way developers create blockchain applications.

Filecoin has become the official storage partner of the Flow Blockchain, with the firm working to provide decentralized storage for NFTs minted on Dapper Lab’s network.

Just curious why it dropped from 5% to 4.5% submitted by /u/toeofcamell [link] [comments]

I'm currently staking my ETH as BETH on Binance until the eth2.0 launch, but this process seems relatively opaque and Im unsure of my returns as well as my risk. I definitely want to stake for 2.0 though, so was wondering where you guys were doing it, and what returns I can expect? Thanks! …
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Bitcoin has recaptured the $60k position after a six month period of ups and downs.

The chief executive officer of the world’s largest asset manager, Blackrock, says he is “more on the Jamie Dimon camp” when asked whether he thinks bitcoin is worthless. However, the executive says he is fascinated by people’s interest in crypto and sees “a huge role for a digitized currency.” Blackrock’s CEO Sides With JPMorgan’s Jamie […]

Allan Flynn won a settlement with ANZ for debanking him and is headed to the tribunal to take on Westpac next week.

submitted by /u/nousemercenary [link] [comments]

Ethereum gained pace above the $3,700 resistance zone against the US Dollar. ETH price is showing positive signs and it could even surge above $4,000. Ethereum started a fresh increase above the $3,650 and $3,750 resistance levels. The price is now trading above $3,800 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $3,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend its rally if there is a clear break above $3,850 and $3,920. Ethereum Price Aims Larger Increase Ethereum settled above the $3,500 level to move into a positive zone. ETH started a fresh increase above the $3,650 resistance zone and the 100 hourly simple moving average. The upward move was such that the price cleared the $3,750 resistance. Finally, the price spiked above $3,800 and traded as high as $3,838. It is now consolidating gains above the $3,800 level. It is well above the 23.6% Fib retracement level of the recent rally from the $3,414 swing low to $3,838 high. There is also a major bullish trend line forming with support near $3,800 on the hourly chart of ETH/USD. An immediate resistance on the upside is near the $3,840 level. Source: ETHUSD on TradingView.com The next major resistance is near the $3,850 level, above which the price might start a fresh surge. In the stated case, the price could climb towards the $4,000 level. Any more gains could set the pace for a move towards the $4,200 level in the near term. Dips Supported in ETH? If ethereum fails to continue higher above the $3,850 and $3,920 resistance levels, it could start a fresh downside correction. An initial support on the downside is near the $3,800 level. The first key support is now forming near the $3,750 level. The main support is now forming near the $3,650 and $3,625 levels. It is near the 50% Fib retracement level of the recent rally from the $3,414 swing low to $3,838 high. If there is a downside break below the $3,650 and $3,625 support levels, the price could decline further. The next key support is near $3,550. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining pace in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 60 level. Major Support Level – $3,750 Major Resistance Level – $3,850

In-game NFTs have generated $2.3 billion in sales over the past three months and Axies are the top sellers.