Ethereum futures open interest sets new record as price nears ATH
submitted by /u/ledonskim754 [link] [comments]
submitted by /u/ledonskim754 [link] [comments]
I dont usually deal with etherium at all. I usually buy xlm on coinbase/pro and send it where ever I need to purchase whatever I am after. Well I wasnt in my right mind last night and I bought usdt and then sent it to metamask. Because I dont have any eth to pay the…
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submitted by /u/coinwarrior42069 [link] [comments]
Tomorrow El Salvador is launching it's crypto system on Algo blockchain. Governance starts in 25 days. Algodex, which found a way to make every currency tradable on their platform, will launch soon. Properties are increasingly being tokenized and sold on lofty. Yieldly continues to expand they staking prizes now with NFT's. NFT card game is…
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submitted by /u/GODSandSHITHEADS [link] [comments]
"E-mail won't work" – Post Office "Internet won't work" – Newspapers "Netflix won't work" – Cable TV "Airbnb won't work" – Hotels "Uber won't work" – Taxis "Crypto won't work" – Banks Do you guys see a pattern here? Moral of the story; relax, don't listen to FUD and stop checking your portfolio every 10…
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So my goal is to change the rep of games of chance from one armed bandits to fun online games like Axie Infinity that players can make a living wage out of. My latest project Halcyon Casino flips the script on what a casino is all about. Halcyon Casino is not your father’s casino. It’s…
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So I’ve been mining Ravencoin using my gaming pc and 2 GPUs (gtx 1060 6gb) for over a week now and everything has been working fine. I’ve been enjoying doing this so much that I bought two more GPUs, but my motherboard doesn’t seem to allow for more than 2 GPUs (MO: MSI X470 Gaming…
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Soon Twitter may allow its subscribers to include Ethereum and Bitcoin cryptos in their portfolios for receiving crypto tips. Alessandro Paluzzi, in a tweet, backed the claim confirming that Twitter is working hard to achieve this aim. It will enable users to add the two crypto addresses to their profile to get tips through Tip Jar Feature. Alessandro, the app developer, added. Related Reading | Singapore Central Bank Selects 15 Firms For Retailing CBDC Believing Paluzzi means that Twitter is to update its Tip Jar feature, as announced this past May. He stated on September 2nd that ‘users needless to link a Strike account to include the cryptos to their profiles.’ Paluzzi displayed a screenshot showing how Twitter notifies users when to get tips in crypto through the micro-blogging site. Twitter Will Reward Users With Bitcoin Twitter’s Tip Jar feature will let journalists, creators, and non-profit organizations earn from their tweets using tips. In addition, the micro-blogging site gives users the opportunity of sharing links in their Venmo accounts, Patreon, Bandcamp, Cash App, and PayPal. This will serve as their compensation for the tips they receive from their account followers during the first phase of the feature. However, the company seems to now move gradually towards adopting digital currencies as a new option for payment. According to reports, Twitter may adopt Strike’s services in generating Bitcoin invoices via the Lightning Network. However, Paluzzi, the app developer, objected to this idea. He explained that it’s not necessary to link a Strike account to add Ethereum and Bitcoin addresses to user’s profiles. Reports on the Tip Jar Feature Seeking Alpha reports that Jack Dorsey, the CEO of Twitter, has shown interest in cryptocurrencies for a while now. He has been observed discussing it too. To the CEO, Bitcoin will serve as a unifying factor for a country that is deeply divided. In Twitter’s earnings call held in July, Dorsey referred to it as a ‘big part’ of the future of Twitter. In addition, he stated that he thinks there are lots of innovations other than mere currency earnings. He emphasized this, referencing the recent plan of decentralizing social media to provide additional economic incentives. Dorsey also emphasized Bitcoin is becoming a vital part of Social media handle. Related Reading | Ethereum Software Client Geth Issues Hotfix To Tighten Security MacRumors report suggests that they should approve Bitcoin tipping for iOS beta code as the testers cannot access the feature. As soon as a user sets up the feature in his profile, his followers can send tips to support him. At the time of writing BTC trades sideways | Source: BTCUSD on TradingView.com The giant social media handle has announced that it will make the Tip Jar Feature available in various Indian languages. They will include Tamil, Hindi, Marathi, Gujarati, Kannada, and Bengali. Featured image from Pixabay, chart from TradingView.com
Until the launch of the Binance Smart Chain in September 2020, many decentralised exchanges relied on the Ethereum network for transaction processing among other functionalities. This resulted in an overburdening of the network, leading to congestion, high transaction fees and slow transaction speed. The development of the BSC infrastructure stemmed from the need to provide a faster network that is far less expensive than Ethereum. The Binance team aimed to improve the freedom of money by building a holistic community-driven ecosystem where assets flow freely based on users’ needs. Since the creation of the BSC platform, numerous DEXES are leveraging its advantages to provide better services to users. As of writing, the Binance Smart Chain has nearly $27 billion locked in the numerous applications that exist on the network and below are the major reasons why DEXES are jumping ship to join the BSC network. Lower Transaction Costs Transaction costs and network operations are the major determinants that prompt exchanges, users and developers to pivot from the Ether network and other prominent blockchains to Binance Smart Chain. For instance, users are subject to paying outrageous transaction fees on the Ethereum blockchain during periods of high congestion. The transaction fees on the Ethereum network went through the roof when DeFi coins started making considerable progress in 2021. As a result, the adoption of decentralised finance reduced considerably as users were trying to avoid huge transaction costs, thereby stifling the growth of many tokens and exchanges. The BSC infrastructure eased this friction by allowing network users to join projects while paying gas fees that are over 20 times lower than that of the Ethereum network. DEXES also benefit from this feature as they incur little overhead costs while building protocols, allowing them to focus more on innovation. EVM Compatibility EVM stands for Ethereum Virtual Machine and the BSC network algorithm allows full compatibility. This means that all existing Ethereum tools, including Remix, Metamask, Truffle and so forth can run smoothly on the platform. With this feature in place, Ethereum developers can leverage these tools to create dApps. Also, existing smart contracts can switch to the BSC network without any hassles, thereby reducing the cost of developing projects that run on multiple blockchains. This level of flexibility puts the BSC network ahead of other blockchains, helping it to remain a major player in the crypto ecosystem. A Growing and Asset-Rich Ecosystem Over 139 trading pairs and 110 BEP-2 assets exist on the Binance decentralised exchange, which can easily be integrated into the BSC infrastructure. Also, the Binance chain connects with other prominent cryptocurrencies that run on their individual networks, including Ripple, Bitcoin, Litecoin, Tron, EOS and Bitcoin Cash. This feature will allow the Binance team to grow the list of assets and DeFi protocols that exist on the BSC platform, thereby making it easier for DEXES to list these coins on their exchanges. It is no news that Binance Smart Chain has witnessed significant growth since its launch. The platform is ahead of Ethereum in terms of DeFi protocol transaction volume. With the continuous increase in traffic within the blockchain, it is safe to say that BSC will maintain this level of growth for the foreseeable future. DEXES are plugging into this trend as more investors will be drawn to BSC in the near future, which will in turn increase their revenue. Although Binance Smart Chain sacrificed decentralisation for usability, consistent scaling, high network performance and lower transaction costs will always attract investors, meaning that the platform is yet to see its best years. High Network Performance Binance Smart Chain employs a consensus mechanism that consists of features from Proof-of Authority and Delegated Proof-of-Stake algorithms. This consensus mechanism runs on a network of 21 validators, providing a high-speed platform for protocols and exchanges to thrive on. According to recent testnet testing, the network validators process a block of transactions every 3 seconds while also receiving token rewards for network participation. This incentive ensures that the network maintains its stability and transaction speed. Conclusion Since the development of BSC, many DEXES, users and developers have moved from Ethereum to enjoy cheap and speedy transactions. In addition to this, Binance Smart Chain offers a suitable launching ground for nascent decentralised exchanges that handle smaller trades and transactions. The adoption of the BSC infrastructure by DEXES is a smart move as it will give them a competitive edge over their counterparts in the industry.