What is the trusted authority for verifying public keys of content creators. Say I purchase an NFT from Kanye West. Then there should be a signature on that NFT that can be verified as Kanye West’s but how do we know what Kanye’s public key is, ie. you would hope that it would be signed…
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submitted by /u/Heisenberg_USA [link] [comments]
The Onecoin Ponzi scheme is still making headlines as reports from a trial in Germany revealed the missing ‘Cryptoqueen,’ Ruja Ignatova, purchased a London penthouse worth $18.2 million with proceeds from the Onecoin operation. The Münster court’s findings stem from the trial against Martin Breidenbach, Ignatova’s German attorney, who is being accused of money laundering. […]
The Solana (SOL) ecosystem continues to see huge growth in the market. SOL price touched another record high on Sunday, November 7, as it reached $260.06. Its price is up by almost 17,500% YTD – from $1.51. SOL surpassed Cardano (ADA) and Tether (USDT) to become the fourth-largest cryptocurrency with a market capitalization of $75.4 billion. Related Reading | Is Cardano Fighting A Losing Battle Against Solana? At the time of writing, it falls behind Binance Coin (BNB) $109 billion, Ether (ETH) $546 billion, and Bitcoin (BTC) $1.17 trillion. While it is creeping closer to Ethereum, there is still a huge gap between both coins. Meanwhile, ADA and USDT’s market capitalization came out to be $67.1 billion and $74.4 billion, respectively. SOL Rises After $100 Million Investment Initiative Solana’s rise to ATH comes just after its venture capital arm Solana Ventures, Lightspeed Venture Partners, and FTX spearheaded a new investment fund dedicated to Web 3 gaming, also known as GameFi. Web 3 gaming has skyrocketed in popularity. Related Reading | Solana, FTX, Lightspeed Ventures To Launch $100M Web3 Gaming Fund The venture company intends to increase SOL adoption by attracting desktop and mobile video game developers to build their projects on its public blockchain. With SOL’s bullish run recently, many are comparing it to No. 2 crypto Ethereum. “Solana is the leading Ethereum competitor,” Matt Hougan, chief investment officer at Bitwise Asset Management, said to CNBC. “I wouldn’t put all my chips on it, but I’m a big fan.” SOL trading at $248.7 | Source: SOLUSD on TradingView.com One of the reasons for this comparison is that both ETH and SOL have smart contract capabilities. Smart contracts are simply programs stored on a blockchain that run when predetermined conditions are met. They are important in running decentralized finance applications and non-fungible tokens. “A lot of the fastest-growing applications of crypto technology have been built on Ethereum and rely on the Ethereum blockchain to function,” Hougan says. “If you’re investing in Solana, you’re betting that its technical sophistication will help it leapfrog Ethereum.” Solana And NFTs NFT industry data aggregator CryptoSlam ranks Solana as the fourth-best NFT blockchain behind Ethereum, Ronin, and Wax by 24-hour sales volume. The data shows that Solana saw a record month for secondary NFT sales volume during September with a total of $189.4 million. Related Reading | Why Billionaire Chamath Palihapitiya Invested In The Solana Ecosystem Secondary sales volume for Solana-based NFTs has reached almost $500 million since the start of August. The biggest collection of NFTs on the blockchain is the Degen Ape Academy series of ape digital collectibles. So far, the Degenerate Ape Academy has sold ape NFTs worth about 986,300 SOL. Mason Nystrom, a Messari research analyst, remarked that how quickly the blockchain has grown to be one of the top NFT blockchains in just a few months. He also noted that as of November 1, Solana’s NFT secondary sales reached $500 million in just three months. Featured image by CNBC, Chart from TradingView.com
My favorite Alt Coin is hands down Algorand (ALGO) and I heavily invest in them. I have never sold and have no plans to sell for years. DCA every pay! Anyway, ALGO has Algorand Standard Assets (ASA) which are essentially coins within a coin. Akita Inu is gaining a lot of attention within the Algorand…
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I noticed this just now it happened early yesterday morning what are steps I can take? submitted by /u/PotatoshavePockets [link] [comments]
Are there any events/agenda for this meetup? submitted by /u/silveroak85 [link] [comments]
I'm looking through threads to see if anyone has explicitely answered this question and it doesn't seem to be the case so hoping to get some clarification here. If an ERC-20 token is built on the ethereum network and secured by it, does that mean its not susceptible to a 51% attack without attacking the…
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Back when ETH had a flash crash, I went to sell off some of my holdings multiple times. Coinbase canceled those transactions as the price was falling and refunded the Ethereum back into my wallet. The problem I am having is the cancelled orders are now saved under my transaction report as sell orders. Am…
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