Dear all, these thoughts came to my mind and I would like to share them with you to get answers. As we all know, the private key is what matters to access your funds (besides an internet connection). The problem I see for mass adoption, meaning real mass adoption where every John Doe uses it…
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Robinhood screwed over investors during the original GME hype. They are in bed with big money and do NOT care about you. This is a smart play for their business model, because they make money on the transaction, like any exchange, and this added feature will give them more functional credibility in the crypto space.…
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I'm looking for data on Ethereum's miner distribution and pools. Ideally, some sort of pie chart breaking down pool size. Info on pools by hashrate size would be nice as well. submitted by /u/lwc-wtang12 [link] [comments]
submitted by /u/Innit4theTech [link] [comments]
LPT, COTI and AXS lead altcoins higher after ETH hits $3,000 and Bitcoin bulls take control of $43,000.
The past two days following the weekend close have not been the best for Ethereum. Along with the broader crypto market, the digital asset has suffered numerous dips that saw it break below $3,000 for the first time in a month. Although recovered back above $3,000, Ethereum continues to have a hard time maintain its position above this resistance point. Although hopes are up in the community for recovery, a JPMorgan strategist has warned that the market is likely to see more dips that will drive the price of the digital asset further down. The strategist’s forecast essentially puts Ethereum in a bear market. Placing the bottom of the downtrend at less than half the current value of the digital asset. Related Reading | Mid-Cap Altcoins Hold Onto Highs Better Than Bitcoin And Ethereum Ethereum Is Overvalued JPMorgan global market strategist Nikolaos Panigirtzoglou said that ETH’s fair value is actually much lower than its current trading range. The strategist put the asset’s fair value at $1,500, less than half of its current price. Unlike the rest of the market, Panigirtzoglou does not believe that the Ethereal network is the most attractive for investors, even though the price might suggest otherwise. ETH price struggles at $2,900 | Source: ETHUSD on TradingView.com The growth of ETH recently has been attributed to the growth of market applications like decentralized finance. Currently, Ethereum is the leading smart contracts platform, which has seen the highest development of decentralized finance protocols. But even this does not convince the strategist of ETH’s current valuation. According to Panigirtzoglou, the actual valuation of the digital asset should be 55% less than it currently is. Panigirtzoglou points out that with growing competition from other blockchains like Solana and Cardano, Ethereum’s offering is no longer unique and “can easily be replicated by other networks.” The Rise Of The “ETH Killers” Panigirtzoglou elaborated on the growing competition for Ethereum, highlighting that there are just going to be more blockchains popping up to compete with the network in the future. The strategist brought up Cardano’s latest upgrade, which added it to the growing list of competitors for Ethereum. “You’re already seeing competition from Binance, competition from Solana,” Panigirtzoglou said. “And there are going to be more in the future,” he added. Related Reading | Ethereum Is Ready For Inevitable Climb Over $10,000, Says Crypto Analyst The rise of the so-called “ETH Killers” has certainly been an interesting turning point for the crypto industry. Although Ethereum still hosts the majority of smart contract-related activities in the market, blockchains like Solana have started creeping up to take more share from the leading blockchain. Giving credence to Panigirtzoglou’s belief that these blockchains will make ETH less valuable in the long run. Featured image from Libertex, chart from TradingView.com
Those who lost money in a 2016 U.S. crypto exchange heist maybe be entitled to additional recoupment.
I’m working with the directors of We Are As Gods (a new film on Stewart Brand) that they have decided to release through NFTs minted on Mirror! By releasing the film through blockchain technology, we’re exploring a new distribution model for the future of storytelling. This is an exciting new way to support independent filmmakers,…
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The crypto and blockchain space is maturing at a rapid pace. Most financial industry experts agree that this nascent industry is here to stay because there are many different use-cases emerging for blockchain-enabled platforms. In addition to the rise of Bitcoin (BTC) as a widely accepted medium-of-exchange and store-of-value, Ethereum (ETH) has become a globally recognized name in the crypto space. Large corporations such as Visa have acknowledged Ethereum’s role in the future of finance and its ability to support a wide range of other applications. A growing number of online platforms have also been deploying solutions on Ethereum, despite its relatively slow transaction speeds. Even though there are many other blockchains that outperform Ethereum in terms of transactions per second (TPS) and cheaper transaction costs, they do not have the same powerful network effect that Ethereum has been able to acquire. There are also many Ethereum scaling solutions such as Polygon that will aim to make the leading smart contract platform a lot more efficient in the foreseeable future. Yet Another Ethereum-powered Platform Virtue Poker, a decentralized platform developed on the Ethereum (ETH) blockchain, reveals that it will be holding a Celebrity Charity Poker Tournament, which will be taking place on September 26, 2021. The charity poker tournament participants will reportedly include Hall of Fame (HOF) poker player, Phil Ivey, former NBA all-star Paul Pierce, YouTube’s superstar Mr. Beast, TRON blockchain founder and serial crypto entrepreneur Justin Sun, Hollywood actor and accomplished filmmaker Vince Vaughn, Polygon Co-Founder Sandeep Nailwal, and Ethereum Co-Founder and ConsenSys founder Joe Lubin. The Binance Mysterybox Collection To commemorate this special event, the Virtue Poker team plans to launch a Binance MysteryBox collection, starting on September 23, 2021 – representing each card in a typical 52 card deck. Collectors who possess the winning hand for each knockout during the Celebrity Event will get a chance to win prizes ranging from $2,500 to a $25,000 reward for the top prize. Participants need to purchase two mystery boxes in order to assemble a hand. The participants can then trade with each other so that they can assemble the best poker hand through the secondary market. The Mystery box will reportedly include an Ace of Spades that will come with Phil’s digital signature and a $5,000 prize. Prizes All participants with completed hands can compete and have an opportunity to win: A $2500 price for the winning hand for each knockout. If multiple players own the hand, then the $2500 prize will be split equally among all the winners. Furthermore, the player who possesses the championship knockout hand will be able to claim a $25,000 prize. If more than one player is holding the championship knockout hand, then only 1 player will be randomly selected to claim the reward Participants are able to collect as many as (50) completed hands (100 boxes). Participants must also HOLD the winning hand in their Binance account to be eligible for the rewards. Winning players should email support@nfkings.io for confirmation. Freeroll Tournament Virtue Poker will also hold a freeroll tournament where ALL holders of (2) mystery boxes should be getting exclusive access to participate in a $10,000 free-roll tournament on the Virtue Poker platform. Virtue Poker NFT holders need to send a message to support@nfkings.io with their UID and NFT screenshot to obtain the Virtue Poker referral code. Supporting NFT Use-Cases The Virtue Poker team is looking forward to hosting their Celebrity Tournament and are focused on offering a truly unique NFT experience for their viewers that plan to tune in. Through their partnership with leading crypto exchange Binance, they plan to support the adoption of the Virtue Poker platform and also that of NFTs. They’ve decided to take this step to show that there’s yet another real-world use case for non-fungibel tokens or digital collectibles: interacting through a live event. The team has also thanked the Virtue Poker community for their support of their platform as they continue to expand their ecosystem in the nascent blockchain-enabled gaming industry. As noted in the announcement, Virtue Poker is described as a decentralized poker platform that leverages the Ethereum blockchain as well as P2P networking to offer an online poker platform that is safe, “honest” and fun. It was established in 2016 within New York-based Consensys, the leading Ethereum development studio and incubator launched by crypto billionaire and Ethereum co-founder Joe Lubin back in 2014. Backed by Consensys and stakeholder Phil Ivey, Virtue Poker aims to make blockchain or distributed ledger tech (DLT)-powered betting mainstream.
submitted by /u/samdane7777 [link] [comments]
