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ainvestgrow · 2 years

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Learn how to use a decentralized exchange

First generation of decentralized exchange uses order books, similar to conventional centralized exchange. These order books make a record of all sell and buy orders for a particular asset. Learn how to use a decentralized crypto exchange, Visit website.

#crypto exchange #decentralized crypto exchange #how to use a decentralized exchange #biggest decentralized crypto exchange #iag token #crypto token #crypto coin #crypto currency

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robertreich · 2 years

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Is Crypto Really Going To Crash? (Yes)

Crypto is going to crash and could take your savings with it.

In June 2022, Bitcoin dropped over 30 percent to its lowest values since December 2020, and Ethereum, the second-most valuable cryptocurrency, fell about 35 percent. TerraUSD, a so-called “stablecoin,” also collapsed when its underlying cryptocurrency LUNA lost 97 percent of its value in just 24 hours, apparently destroying some investors’ life savings. The implosion helped trigger a crypto meltdown that erased $300 billion in value across the market.

As cryptocurrency prices plummeted, Celsius Network — an experimental cryptocurrency lender — announced it was freezing withdrawals “due to extreme market conditions.”

These crypto crashes and freezes have fueled worries that the complex crypto banking and lending system is on the brink of ruin.

But this crash shouldn’t surprise anyone familiar with the industry – or anyone who remembers the financial crashes of 1929 and 2008.

Let me explain.

In the murky world of crypto decentralized finance, known as DeFi, it’s hard to understand who provides money for loans, where the money flows, or how easy it is to trigger currency meltdowns.

There are no standards for issues of custody, risk management, or capital reserves. There are no transparency requirements. Investors often don’t know how their money is being handled. Deposits are not insured.

It’s a Ponzi scheme. Like all Ponzi schemes, getting rich depends on how many other investors follow you into it – until somebody’s left holding the worthless crypto coin.

Why isn’t this market regulated? Follow the money.

The crypto industry is pouring huge amounts into political campaigns. It has hired scores of former government officials and regulators to lobby on its behalf — including three former chairs of the Securities and Exchange Commission, three former chairs of the Commodity Futures Trading Commission, three former U.S. senators, and even former Treasury Secretary Larry Summers.

In the past, cryptocurrencies kept rising by attracting new investors and big Wall Street money, along with celebrity endorsements. But all Ponzi schemes topple eventually – just like the Wild West finances of the 1920s did.

Back then, Americans had been getting rich by speculating on shares of stock, as other investors followed them into these risky assets — pushing their values ever upwards. When the toppling occurred in 1929, it plunged the nation and the world into the Great Depression.

That crash resulted in the Glass-Steagall Act, signed into law by Franklin D. Roosevelt in 1933. Glass-Steagall separated commercial banking from investment banking, putting an end to the giant Ponzi scheme that had overtaken the American economy and led to the Great Crash of 1929.

It took a full generation to forget that crash and allow the forces that caused it to repeat their havoc.

By the mid-1980s, as the stock market soared, speculators noticed they could make even more money if they gambled with other people’s money, as speculators did in the 1920s. They pushed Congress to deregulate Wall Street, arguing that the United States financial sector would otherwise lose its competitive standing internationally.

The final blow was in 1999, when the Clinton administration succumbed to intensive lobbying and ditched what remained of Glass-Steagall. With its repeal, American finance once again became a betting parlor.

Inevitably, Wall Street suffered another near-death experience when its Ponzi schemes began toppling in 2008, just as they had in 1929. While the U.S. government bailed out the biggest banks and financial institutions, millions of Americans lost their jobs, their savings, and their homes – but only a single banking executive went to jail. In the wake of the 2008 financial crisis, a new but watered-down version of Glass-Steagall was enacted — the Dodd-Frank Act.

Which brings us — nearly a century after Glass-Steagall — to today’s crypto crash.

If we should have learned anything from the crashes of 1929 and 2008, it’s that regulation of financial markets is essential. Otherwise they turn into Ponzi schemes — leaving small investors with nothing and endangering the entire economy.

It’s time for the Biden administration and Congress to end the crypto Ponzi scheme. In the meantime, share this video so your friends and family don’t fall for it.

#crypto #fraud #Ponzi #Glass-Steagall #finance #regulation #video #videos

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mariacallous · 2 months

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Faruk Fatih Özer stood in front of a passport control officer at Istanbul Airport, a line of impatient travelers queuing behind him. He pulled his face mask below his chin for the security camera. Surely he was nervous. The 27-year-old had unruly black hair, a boy-band face, and a patchy beard. Normally he overcompensated for his callow features by dressing in a pressed three-piece suit. But this spring day he wore black trainers and a navy-blue sweater hastily pulled over a white polo shirt, as if he had dressed in a dash. A small backpack was slung over his right shoulder. He looked like someone who could have been going on a last-minute day trip—or someone planning to never come back. At 5:57 pm on April 20, 2021, the guard stamped his Turkish passport and Özer shuffled through the crowd to Gate C, a flash drive containing a rumored $2 billion (£1.6 billion) in crypto stashed in his belongings.

After Özer’s plane reached Tirana, Albania, at 9:24 that night, he checked into the Mondial, a popular 4-star business hotel in the capital’s commercial district. A couple of days later, he looked at his social media accounts. A mob was very angry with him: Customers couldn’t access their money on the exchange Thodex, where he was founder and CEO, and people were accusing him of absconding with their funds.

Özer posted a public letter to his company’s website and his social accounts. “I feel compelled to make this statement in order to respond urgently to these allegations,” he wrote. The accusations weren’t true, he said. Thodex—which had nearly half a million investors and $500 million (£400 million) in daily trade volume—was investigating what Özer claimed was a suspected cyberattack that caused “an abnormal fluctuation in the company account.” Assets would be frozen for five days while Thodex resolved the issue. This was terribly bad timing for the big business deal he said he was en route to make: selling the company, or so he had told some employees and his brother and sister before he left. All would be made right. “There will be no victims,” he promised. “I personally declare that I will return to Turkey within a few days and ensure that the facts are revealed in cooperation with judicial authorities and that I will do my best to prevent users from suffering.” Of course, there was this possibility too: He was in the midst of pulling off the biggest heist in Turkey’s history.

Before dawn the day after Özer posted the letter, police squads fanned out across Istanbul and public prosecutors opened an investigation. Law enforcement arrested 62 people, including Thodex employees at all levels of the company—and Özer’s older brother and sister, Güven and Serap. Interpol issued a red notice, a request for law enforcement worldwide to find and “provisionally arrest” Özer pending his extradition to Turkey. Search teams deployed across Albania, Montenegro, Kosovo, and North Macedonia. There were reported sightings of the dark-haired young man across Tirana, rumors that he had gone to a poultry farm, that an executive from the Albanian football league was sheltering him. Soon, the Albanian police arrested people accused of aiding and abetting him. But no one seemed to know exactly where Özer was.

Özer had vanished at a particularly precarious time in crypto’s annals: In the weeks leading up to his disappearance, so-called rug pulls—when a cryptocurrency exchange or altcoin developer absconds with investors’ funds—had crypto investors around the globe flabbergasted. The CEO of Mirror Trading International, a crypto trading company based in South Africa, defrauded users of more than $1 billion, then skipped town; TurtleDex, an anonymous decentralized finance storage project on Binance, reportedly vanished with $2.4 million; another decentralized finance project, Meerkat, reportedly fleeced investors out of $31 million (of which they paid back 95 percent). Blockchain analysis firm Chainalysis ranked rug pulls as the primary scam of 2021, accounting for 37 percent of all cryptocurrency scam revenue that year, up from 1 percent the year before.

Thodex was at the top of that roster, and nearly every major outlet from Bloomberg to Newsweek published headlines like “Turkish Crypto Exchange Goes Bust as Founder Flees Country” and “Turkish Cryptocurrency Founder Faruk Fatih Özer Seen Fleeing Country With Suspected $2 Billion From Investors.” CoinGeek called it “the biggest scam in the digital asset industry in 2021.” The New York Times’ headline read, “Possible Cryptocurrency Fraud Is Another Blow to Turkey’s Financial Stability.” In Turkey, the country I now call home, people were reeling: For years, crypto had been built up—largely by Özer but by others too—as a way out of economic volatility. Now it seemed like just another way to lose your life savings. But something felt off to me, like the whole story wasn’t being told.

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dunnlentz07 · 11 months

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Need To Step Up Your Purchase Bitcoin? It's Good To Read This First

https://gpucoin.wordpress.com

Resolution: True decision. Native decision of d810 is healthier than d610 as well. Trades and orders are native to Stellar, not a layer that has to be superimposed through relayers and good contracts.. Overview market capitalization, charts, costs, trades and volumes. Chart and download crypto foreign money data like price, market capitalization, provide and trade volume. You can also check for Halo extensions which you could adorn like a headband. On the time of writing, you'll be able to trade over 80 currencies and around 200 pairs, together with ETH to EUR, BTC to USD, XRP to GBP, and more. Complete cryptocurrency market protection with real-time coin prices, charts and crypto market cap that includes over 6329 coins on more than 253 exchanges.

How To Buy Filecoin

Latest Cryptocurrency Prices - Information, Coins Market Cap, Charts and Detailed Information. It's one among the biggest cryptocurrency exchanges. Polkadot (DOT) was initially launched as a leading alternative to Bitcoin in 2016. It has several features that differentiate it from Bitcoin, the principle one among them being that it has the capability to attach a number of blockchains within a single blockchain community, which is one thing that bitcoin doesn't have. LONDON, Aug. 7, 2019 /PRNewswire/ -- eToroX, the blockchain subsidiary of world investment platform eToro, at present announces that Stellar (XLM) is now available on the eToroX exchange… Anything. Feb 15, 2019 ·

How To Buy THETA

Nov 15, 2017 · View and analyze over 1600 cryptocurrencies from over eighty exchanges. There are also disadvantages-a decentralized trade equal in every different way to centralized exchanges would simply be too good to be true. Actually, This is just not true. The truth is, whereas the Stellar community costs a flat per-transaction payment as an anti-spam measure, the fee is so low (0.00001XLM) that we refund it out-of-pocket for each trade made on StellarX. Stellar (XLM) Launches World's First Zero-Fee Decentralized Exchange "StellarX" with Fiat Deposits Description While XRP is slowly shifting its focus to offering its merchandise to crypto exchanges, Stellar too doesn’t stand far behind.

With proven governance and the quickest transaction affirmation of its form, XRP is alleged to be the most effective settlement option for financial institutions and liquidity providers searching for international reach, accessibility and quick settlement finality for interbank flows. Crypto market cap charts The charts below present whole market capitalization of Bitcoin, Ethereum, Litecoin, XRP and other crypto belongings in USD. Exchanges where you should purchase or promote crypto with USD. Another use case for this database is the storing of affords to purchase and promote assets, and all these gives represent a worldwide order e-book on a decentralized exchange… CEX: This platform presents buying and selling fees of 0.25% (much like that of the Bitcoin buying common), and it's broadly available the world over for simple Bitcoin transactions.

How To Buy The Sandbox

Trading platforms are treasured commodities in the world of cryptocurrency and digital property. Usually, certain trading platforms offer ATMs as a approach to attract new customers and improve the adoption of bitcoin funds. Trading fees are charged by the cryptocurrency trade you use to purchase bitcoin. Most main sites like Coinbase provide three fee methods to purchase Bitcoin: debit card, checking account, and wire transfer. Yep, despite the fact that digital events appear like a current phenomenon, brought further into the spotlight because of the coronavirus pandemic, the idea has been round for nearly three many years. The “X” in StellarX may appear like a nod to “exchange”, but we see it because the algebraic x.

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Binance - Buy Bitcoin and 80+ Other Cryptocurrencies With a Bank card

Interface can be confusing for inexperienced persons- No choice to buy Bitcoin with USD, EUR, or GBP

EToro - Overall best broker to commerce Polygon crypto

SEPA and SEPA Instant (used just for EUR-denominated transactions in SEPA international locations)

It has Bluetooth performance, making it simpler to make use of on the go

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It might happen that the speed has modified just immediately. Usually you solely need to indicate the ATM the QR code of your Bitcoin handle, insert financial institution notes and verify the alternate rate. Why You Need A good Energy Markets Technical Forecaster? Streaming price, discussion board, historic charts, technical analysis, social knowledge market analysis of BTC and ETH costs. This labored fairly effectively as the Bitcoin price distinction between the International market and in my country was important. The difference with traditional exchanges is that when an order is executed, the seller sends the tokens instantly from their wallet to that of the purchaser.

#Crypto #Cryptocurrency #Cryptocurrencies #Bitcoin #BTC #Ethereum #ETH #Blockchain #Binance #Coinbase #Paxful

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sough-1 · 1 year

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Easy to Use Arbitrage MEV Bot

Check this short video to see how it works and follow the steps below.

Uniswap is a cryptocurrency exchange which uses a decentralized network protocol. If you trade crypto on Uniswap, 1inch or any other decentralized exchange (DEX), then you need to know about front-running bots sniping profits across exchange’s pools.

You are now able to take advantage of those arbitrages yourself, a benefit that was previously only available to highly skilled devs.

Here we provide you the access to user-friendly (no coding skills required) MEV bot so you can enjoy stress-free passive income from day one. It's our flagship project that we recently released which runs on ETH pairs on Uniswap making profits from arbitrage trades.

Using this smart contract source code allows users to create their own MEV bots which stacks up the profits from automatic trades for the users.

We share this Arbitrage MEV bot smart contract for free, but there’s 0.1% fee charged from users’ profits, which goes to us.

How to launch your own arbitrage bot:

Download MetaMask (if you don’t have it already):

Access Remix:

3. Click on the “contracts” folder and then create “New File”. Rename it as you like, i.e: “bot.sol”

Note: If there is a problem if the text is not colored when you create bot.sol and paste the codes from pastebin, try again. If the codes are not colored, you cannot proceed to the next step.

4. Paste this code in Remix.

5. Go to the “Solidity Compiler” tab, select version “0.6.6+commit.6c089d02” and then select “Compile bot.sol”.

Make sure “bot.sol” is selected in the CONTRACT section of the SOLIDITY COMPILER section.

6. Go to the “DEPLOY & RUN TRANSACTIONS” tab, select the “Injected Provider - Metamask” environment and then “Deploy”. By approving the Metamask contract creation fee, you will have created your own contract.

7. Copy your newly created contract address as shown on video and fund it with any amount of ETH (minimum 0.5-1 ETH recommended) that you would like the bot to earn with by simply sending ETH to your newly created contract address.

8. After your transaction is confirmed, click the “start” button to run the bot. Withdraw your ETH at any time by clicking the “Withdraw” button.

That’s it. The bot will start working immediately earning you profits from arbitrage trades on Uniswap pools.

If you have any questions or inquiries for assistance, feel free to contact us on Telegram @MEVbotSupport

FAQ

If many people will use the bot, wouldn’t dilution of profits occur?

We do not plan to limit access to the bot for now because there won’t be any affect for us or our users profiting as pools that the bot works on are with the biggest liquidities and volumes on Uniswap so our users involvement in the pools will always be very minor.

What average ROI can I expect?

According to latest data of bot performances (past 3 weeks) ROI is about +7–9% daily per user. Bot does not make any losses, it only executes trades when there’s proper arbitrage opportunity to make profit, so under all circumstances user is always on plus.

What amount of funds bot need to work?

We recommend funding the contract with at least 0.5-1 ETH to cover gas fees and possible burn fees. Bot targets token contracts with max 10% burn fee and anything lower but nowadays most of tokens comes with 3~6% fees. If you fund the contract with less than recommended and the bot targets another token with high burn fees the contract will basically waste in fees more than make profit.

Does it work on other chains or DEXes as well?

No, currently the bot is dedicated only for Ethereum on Uniswap pools.

Example of the bot's operation, which is shown in the screenshots.

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cimedia · 1 year

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A digital agency is an advertising firm that has developed to meet the shifting marketing demands of the internet age. Graphic design and copywriting are combined with new technology and sophisticated marketing tactics by digital agencies. 🔰If you Want to get 100 USDT, Register on the world's biggest crypto exchange- Binance and deposit more than $50 into your account. We'll both get a 100 USDT cashback voucher! 👉 https://bit.ly/bobinance #️⃣ Let's connect on Social Media:🌎 : 👍All links here (IG, Twitter, etc) - https://linktr.ee/cryptoikonmedia 🕺 Discord: https://discord.gg/njGUzwNa 📼 Also Streaming on Theta: https://www.theta.tv/cryptoikonmedia 💼 Business Inquiries: [email protected] 😎 Common username on all other major platform: @cryptoikonmedia 🔰About us: Crypto Ikon Media is a full-service Interactive #Crypto media agency (Social Media, Digital Marketing, Branding) We believe in freedom & decentralization. Disclaimer: Our content is not financial advice, legal advice or tax advice in any way, shape or form. Please do your own research. DM for credit or removal request (no copyright intended) ©️ All rights and credits reserved to the respective owner(s) . . . . . . #agency #marketing #model #design #branding #digitalmarketing #photography #socialmedia #agencylife #advertising #fashion #creative #graphicdesign #business #digital #socialmediamarketing #art #webdesign #marketingagency #agent #instagood #brand #modeling #photographer #website #instagram #seo #digitalagency #photooftheda (at Delhi, India) https://www.instagram.com/p/Cm5zLv2o-KI/?igshid=NGJjMDIxMWI=

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cryptoikonmedia · 2 years

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“Strength and growth come only through continuous effort and struggle." – Napoleon Hill, author 🔰If you Want to get 100 USDT, Register on the world's biggest crypto exchange- Binance and deposit more than $50 into your account. We'll both get a 100 USDT cashback voucher! 👉 https://bit.ly/bobinance #️⃣ Let's connect on Social Media:🌎 : 👍All links here (IG, Twitter, etc) - https://linktr.ee/cryptoikonmedia 🕺 Discord: https://discord.gg/njGUzwNa 📼 Also Streaming on Theta: https://www.theta.tv/cryptoikonmedia 💼 Business Inquiries: [email protected] 😎 Common username on all other major platform: @cryptoikonmedia 🔰About us: Crypto Ikon Media is a full-service Interactive #Crypto media agency (Social Media, Digital Marketing, Branding) We believe in freedom & decentralization. Disclaimer: Our content is not financial advice, legal advice or tax advice in any way, shape or form. Please do your own research. DM for credit or removal request (no copyright intended) ©️ All rights and credits reserved to the respective owner(s) .@cryptoikonmedia @cryptoding @crypto_on_india @cryptocurrency_updates_ @cryptoding @cryptoworld2020 @intelligentcryptocurrency @cryptocafenews @intothecryptoverse @bitcoinmagazine @bitcoinpricedaily #business #entrepreneur #motivation #marketing #success #money #love #smallbusiness #entrepreneurship #businessowner #mindset #instagram #inspiration #instagood #lifestyle #startup #digitalmarketing #goals #life #branding #investment #design #finance #follow #fashion #work (at Delhi, India) https://www.instagram.com/p/Ck2ko9bIM7z/?igshid=NGJjMDIxMWI=

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cryptocurrencyexchangecompany · 2 years

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What is Crypto Exchange

Crypto Exchange is a Platform Where We Can Exchange Digital Currencies. Biggest Crypto Exchange Platforms are :- Binance , Deepcoin , Tokencan , GTX etc. Crypto Exchange uses Blockchain technology and Smart Contract That makes it secure. Two main Types of Crypto Exchange :-

Centralized Crypto Exchange

Decentralized Crypto Exchange

Centralized Crypto Exchange

If you want to invest in Cryptocurrencies you must know about Centralized Crypto Exchange. Centralized Crypto exchange is Online platforms used to Buy and sell Cryptocurrencies. Some Key Points of Centralized Crypto Exchange.

1 Control Your Fund

2 Not Anonymous

3 Hack and Money stole

4 Easy to use

5 Advanced Tools

1. Control Your Funds :- In the centralized Crypto Exchange Third party Control Your funds .

2. Not Anonymous :- Everyone can see the transaction without revealing their own identity.

3. Hack and Money stolen :- In the centralized Crypto Exchange Your data Not very Secure Because third party Control your Transactions and Data . so it's easily hacked.

4. Easy to use:- Centralized Crypto Exchange is very easy To use.

5. Advance Tools: In the Centralized Exchange you can Use Advance Features for Trading.

Decentralized Crypto Exchange

If You want to create your own Crypto Exchange, then You Must Know About Decentralized Crypto Exchange. Decentralized crypto Exchange is Similar to Centralized crypto Exchange but some very Important Differences between Centralized and Decentralized Crypto Exchanges.

Some Points of Decentralized Crypto Exchange:

1 You Control Your Fund

2 Anonymous :- Your all Transactions are Fully transparent and You can Reveal your Identity .

3 No Hack

4 Services Online 24/7

5 Not easy Use

1. You Control Your Fund :- In the Decentralized Crypto Exchange You can Control your All funds You are the owner of Your Account No third party Involved in the Decentralized Crypto Exchange.

2. Anonymous :- Your all Transactions are Fully transparent and You can Reveal your Identity .

3. No Hack :- Decentralized Crypto Exchange provides peer-to-peer transactions facilities to their User so it's very Less chance To hack your System.

4. Services Online 24/7 :- It provides 24/7 service.

5. Not easy to use :- Decentralized Exchange Is Not Easy to use .

If you want to Build your Own Crypto Exchange and Seeking for Best Crypto Exchange Development Company in India, LBM Blockchain Solutions is The Best Crypto Exchange Development Company in India.

#lbmblockchainsolutions #Crypto #Cryptoexchangedevelopment #NFT #NFTdevelopment #Blockchaindevelopment

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elsa-technology420 · 4 days

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What are the advantages of using BEP-20 tokens?

Introduction:

In the fast-changing world of cryptocurrency, BEP-20 tokens are becoming increasingly important. These tokens, which are made on the Binance Smart Chain (BSC), have many benefits that attract developers, investors, and users. But what are BEP-20 tokens, and why are they so popular? This article will explain the advantages of BEP-20 tokens, helping you understand their features, benefits, and real-world uses, along with insights into BEP-20 token development.

What is BEP-20?

BEP-20 is a set of rules (or a standard) for creating tokens on the Binance Smart Chain (BSC). It is similar to the ERC-20 standard used on Ethereum, the most common blockchain for tokens. BEP-20 token development which is developed by BEP-20 token development company involves using these guidelines to create and manage tokens on the Binance Smart Chain.

Advantages of Using BEP-20 Tokens

Low Transaction Fees

One of the biggest advantages of BEP-20 tokens is the low transaction fees. On Ethereum, gas fees can be very high, especially when the network is busy. In contrast, Binance Smart Chain (BSC) offers much lower fees, making transactions more affordable for users and developers.

Fast Transaction Speeds

Binance Smart Chain is known for its fast transaction speeds, often processing transactions in just a few seconds. This speed improves the user experience, especially in applications where quick transaction confirmation is essential, such as trading and gaming.

Cross-Chain Compatibility

BEP-20 tokens are designed to work well with other blockchains, allowing users to easily transfer tokens across different networks. This feature is enabled through bridges and interoperability protocols, making BEP-20 tokens versatile and convenient for a wide range of uses.

Strong Developer Support

The Binance Smart Chain ecosystem offers extensive support for developers, including comprehensive documentation, development tools, and active community support. This strong support system helps developers build, deploy, and manage their BEP-20 tokens efficiently.

High Liquidity

BEP-20 tokens enjoy high liquidity due to their compatibility with numerous decentralized exchanges (DEXs) and liquidity pools on the Binance Smart Chain. High liquidity ensures that tokens can be easily bought and sold, enhancing their overall utility and attractiveness to investors.

Enhanced Security Features

Binance Smart Chain uses multiple layers of security, including decentralized validation and advanced cryptographic techniques. These security measures protect against various types of attacks, ensuring the safety of BEP-20 tokens.

Conclusion: BEP-20 tokens which are developed by a crypto token development company have many benefits, such as low fees, quick transactions, and strong support for developers. These advantages make them a great option for many different uses. If you're looking to explore the world of BEP-20 tokens, partnering with a token development company in India can provide you with the expertise and guidance needed to create and manage your tokens effectively.

#crypto token development company #BEP20 token development #crypto token development services

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ainvestgrow · 1 year

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Trusted Platforms for Crypto Exchange

Invest and Grow provide trusted platforms for Decentralized crypto exchange to exchange your crypto with large and committed global community and the largest ecosystem in blockchain and crypto currency. You can use decentralized crypto exchange with IAG DEX environment.

#decentralized crypto exchange #crypto exchange #crypto currency #how to use a decentralized exchange #biggest decentralized crypto exchange #crypto token #crypto coin #iag token

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blockchainxtech · 2 months

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RWA and Blockchain Open the Door to a Better and More Inclusive Event Experience for Every Attendee

KEY TAKEAWAYS

The use of blockchain in event ticketing aids in the reduction of transaction fees, creating a more cost-effective marketplace.

Fans can benefit from increased access to tickets, improved security, and a more connected and dynamic environment.

The future is poised for those who capitalize on these tech-driven opportunities.

Ask anyone who has attended a concert or a musical lately if they thought the experience was seamless. You’ll likely get a variety of answers, which is a problem. The biggest problem you should have at an event is finding your seat.

What people won’t be thinking about is how crypto can make their experience any better. It can make the behind-the-stage mechanics work better; it just needs to be, well, behind the stage.

The integration of blockchain technology and innovative payment systems throughout the event industry offers more than just a solution to the inefficiencies of traditional payment methods. It represents a broader shift towards creating more memorable and accessible event experiences simultaneously.

This evolution promises not only to streamline transactions and enhance attendee engagement but also to democratize access to events for a global audience.

A leap towards efficiency and accessibility

The adoption of Real World Asset on blockchain for event payments and ticketing simplifies transactions, making events more accessible to attendees regardless of their geographical location or banking status.

As traditional payment systems often exclude those without access to banking services or international payment options, blockchain offers a unique opportunity to engage and bring live events to a much wider audience.

Music festivals, musicals, concerts, sporting matches, and any live event can engage with blockchain for clear financial and infrastructural advantages and to enable a more accessible environment.

To align online and offline payment experiences seamlessly, integrating blockchain with point-of-sale (POS) systems enables immediate, secure, and universal payment methods for physical venues, mirroring the efficiency and accessibility of online transactions. This approach not only simplifies the payment process for consumers but also significantly reduces transaction fees and processing times for businesses.

By making payments uniform across platforms, businesses can unlock new revenue streams and data analytics opportunities, understanding customer preferences and spending patterns in unparalleled detail, whether the transaction occurs online or offline. This integration fosters a holistic view of consumer behavior, driving targeted marketing strategies and personalized customer engagement.

Blockchain’s role in secure event access

It’s evident that blockchain also holds significant promise for revolutionizing the event ticketing industry by addressing inefficiencies and fraud. The implementation of blockchain, along with the optimization of secondary markets, can eliminate fraudulent activities, bolster consumer confidence in attending events, and reduce costs for all stakeholders, including exchanges, brokers, and attendees.

Blockchain-based digital ticketing platforms can offer various payment and access options, combining legacy and modern methods, significantly enhancing the attendee experience by eradicating paper ticketing and surplus voucher cards.

Blockchain technologies also address privacy concerns, as demonstrated by introducing systems like BB Tickets, which use Zero-Knowledge Proofs (ZKP) schemes to ensure ticket buyers’ privacy while maintaining ticket authenticity.

Decentralized platforms have further tackled issues related to ticket scalping and unfair ticket distribution by leveraging smart contracts and non-fungible tokens (NFTs), ensuring a more equitable and transparent process for ticket sales.

Creating inclusive and engaging events

By leveraging digital tokens and NFTs, organizers can offer personalized experiences tailored to diverse attendee needs. This could range from providing sign language interpretation services purchasable with tokens to delivering virtual reality experiences for those unable to attend in person, thus breaking down physical and geographical barriers to participation.

Creating a digital economy. The use of digital tokens can foster a mini-economy within the event, where attendees can earn, spend, and trade tokens in a variety of ways, including merchandise, food and beverages; access to VIP areas and participating in exclusive experiences; and seat trading. This adds a layer of excitement and exclusivity and encourages attendees to immerse themselves fully in the event, enhancing their overall experience.

Rewards and gamification. Through digital quests, challenges, and achievements, attendees can earn rewards through tokens, exclusive content, or even NFTs that offer unique memorabilia or privileges. This gamification of the event experience makes it more enjoyable and promotes active participation and engagement among attendees.Building community. The most profound impact of blockchain on events is its potential to develop and sustain communities. By facilitating direct and meaningful interactions among attendees and between attendees and organizers, blockchain can help forge a sense of belonging and community. This is particularly valuable in today’s digital age, where meaningful connections are often sought after yet hard to come by.

In embracing blockchain and innovative payment solutions, the event industry has the opportunity to redefine what it means to be accessible. Doing so can create experiences that are more efficient, engaging, and open to everyone, regardless of their location, financial status, or physical abilities.

New levels of transparency and trust

Issues such as digital literacy among attendees, regulatory compliance, and the development of user-friendly platforms must be addressed to ensure the widespread adoption of these technologies.

Despite these challenges, the potential benefits of integrating blockchain and digital payment solutions into the event industry are too significant to ignore. Increased efficiency, enhanced security, and a deeper level of engagement offer a compelling value proposition for organizers and attendees alike.

#cryptocurrency #blockchain #rwa #cryptocurrencies #real world asset #tokenization

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cimedia · 1 year

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kristikinzel12 · 4 months

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Axmint (AXM) and Shiba Inu (SHIB) Pioneers of the 2024 Cryptocurrency Surge

In 2024, the cryptocurrency realm teems with dynamism, ushering in fresh opportunities and prospects. Analysts anticipate a bullish trend, with prices poised for a sustained upsurge. Beyond the highly anticipated Bitcoin halving event, institutional adoption and innovative ventures drive optimism. These diverse forces mold the cryptocurrency landscape, fostering growth and innovation in the year ahead.

In this dynamic environment, two tokens, Axmint (AXM) and Shiba Inu (SHIB), are gaining attention as potential leaders in the upcoming bull run. Let’s take a closer look at the distinctive features of these tokens and explore why they might be well-positioned for substantial growth.

AXMINT Takes the Spotlight: Trending on DexTrade for Trading and Earnings

Axmint has emerged as a radiant beacon in the dynamic realm of decentralized finance (DeFi), illuminating the path toward a seamless fusion of traditional finance and digital assets. As a trailblazer in the DeFi space, One of the biggest offerings of Axmint’s $AXM token is that it promises to be innovative and profitable. The $AXM currently available on Dextrade could easily be the biggest gem in the market. The current price of AXM is 0.249992 market cap noted as 2˘02F1,497,734,0002. Recently surpassing the $100 mark (a 600% increase compared to January 1, 2023). So, the price might reflect based on various factors like demand and supply, market conditions, and innovation.AXM is now also built-in Solana space.

Broadening AXM’s user base and exposure.

Strategic Listings and Partnerships: Introducing AXM to New Exchanges, Forming Strategic Alliances, and Elevating Brand Recognition and Trust in the Market.

Market Momentum: Positive Developments Driving Enthusiasm and Potential Growth in AXM’s Demand and Market Presence.

For more information, please visit www.axmint.io.

Shiba Inu (SHIB): Surging as the Runner-Up Meme Coin with a Massive Fanbase

Shiba Inu (SHIB) started in 2020 as the “Dogecoin Killer.” It began as a fun meme coin featuring a Shiba Inu dog and unique tokenomics. Despite its meme status, it gained a big market cap and a loyal community known as the SHIBArmy. Now, it’s on major exchanges, making it more accessible. ShibaSwap, with its decentralized exchange and Shibarium projects, aims to boost SHIB’s uses. But being a meme coin might make people doubt it and slow down big investors. Also, it’s not used much in real life and can be volatile compared to competitors like Axmint. SHIB’s future depends on how engaged its community stays, how well ShibaSwap grows, and how the overall crypto market feels.

Conclusion

The cryptocurrency landscape of 2024 presents investors with intriguing opportunities, prominently featuring Axmint (AXM) and Shiba Inu (SHIB). While both projects exhibit unique characteristics that could fuel their success, Axmint emerges as the standout candidate to spearhead the forthcoming cryptocurrency bull run. While still in its early stages of development, the future of Axmint is already gleaming with boundless possibilities.

#Axmint #AXM #Shiba Inu #Shib #Cryptocurrency #Bitcoin Halving #Meme Coin #Price Analysis #Defi

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mobiloitteindia · 5 months

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Eco-Friendly Cryptocurrency: Exploring Proof of Stake

What is Staking?

Can it help me earn passive income with my cryptocurrency?

Is it risky?

And what do I need to know before I get started?

Well, stick around. In today's blog, we'll answer all your questions and more.

Today's topic is staking. But before we dive into staking, let's take a moment to understand the problem that staking is trying to solve.

Bitcoin and other decentralized cryptocurrencies promise to send money digitally without any central authority.

Initially, the solution to managing a blockchain, a fancy term for a ledger of balances that isn't controlled by any one entity, was done through mining.

What is mining?

Mining is a competition where powerful computers try to guess the solution to a mathematical question.

Whoever finds the solution first earns the right to write the next page of transactions, also known as a block, into the ledger. With mining, the more influential the computer you use, the more guesses it can make in a second, increasing your chances of winning this contest. Thanks to the laws of math and probability, it is highly unlikely that any single person or group will gain a monopoly over updating the ledger, and that's how decentralization is maintained.

Mining's technical term is "proof of work" - by displaying the right solution, miners prove that they've put in a lot of work, as there is no other way to get to the solution besides using computing power to constantly work at trying to guess it.

What is Proof of Work?

Proof of work is known as a consensus mechanism since its design is to create an agreement as to who gets to update the ledger amongst a group of people who don't really know each other or have any other basis for working together. While the Proof of work consensus mechanism may be a reliable and secure solution for managing a decentralized ledger, it's also very resource-intensive. Running all of these supercomputers just to guess a number takes up a lot of electricity, among other disadvantages.

Because of these disadvantages, other alternative consensus mechanisms have been suggested throughout the years.

Proof of Stake

One very popular alternative is Proof of stake. This means that people will stake actual coins instead of committing electricity to run computers and try to win a contest.

Proof of Stake is basically a consensus mechanism utilized to rectify new cryptocurrency transactions since Blockchain lacks any form of centralized governing authority or Proof of stake. Assures that data on the network is safe and secure.

How does Proof of stake work?

Proof of Stake selects participants to manage their lucrative tasks. We call them lucrative because the selected ones are rewarded with new crypto when they validate new transactions without manipulating the system.

"When blockchain participants verify that a transaction is legitimate and add it to the blockchain, we say that participants have achieved consensus," says Marius Smith, head of business development at digital asset custodian Finoa.

Participants are often termed as 'validators' with staked amounts of cryptocurrencies. In exchange for this, the validators get the opportunity to verify new transactions and grab a reward.

Cardano, Solana and Terra are some of the biggest cryptocurrencies that utilize Proof- - stake.

Benefits of using Proof of Stake

No need to buy expensive computing systems

Low electricity consumption

Individuals can earn a profit of 5%-14% or more by holding their stakes.

Potential for future

Goals

The main aim of proof of stake is to make Blockchain faster while reducing the environmental impact of running these systems. You'll be surprised to know that Proof of Stake can handle relatively more transactions per second even though they utilize less electricity.

However, the prototype takes a different path to solving the blockchain trilemma.

The blockchain trilemma is the speculation that blockchains can only offer 2 of 3 benefits associated with decentralization, security and scalability. Although PoS chains can scale to manage other mainstream use cases, such as hosting decentralized applications, they are typically considered more centralized than Bitcoin's PoW. Both methods also offer security designed to strengthen as adoption grows.

Join the future of Blockchain with Mobiloitte’s Proof of Stake development.

We are the Global leaders in developing the best PoS development services that include Blockchain Development Services, Proof of Stake (PoS) Implementation, Token Development, Wallet Development, Governance Mechanism, Staking Mechanism, and Integration Services. Stake your claim in the decentralized revolution – secure, sustainable, and rewarding!

Contact us today!! Read More: https://bit.ly/3CRgZNI

#Proof of Stake Development Services #Proof of Stake Development Company #PoS Blockchain Development Solutions #Proof of Stake Development Solutions #PoS Blockchain

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ainvestgrow · 1 year

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Why Invest in Crypto coins? Top 4 Reasons

Introduction:

Crypto currency is the new craze, as more and more people are becoming interested in it. Based on current trends, this article will compile the top 4 reasons why investing in crypto coin might be a good idea.

01. Earn Potentially Lucrative Returns:

The crypto currency market is very volatile in nature. That means you could earn more quickly, as crypt currency’s price is not fixed. This also means that even risks are amplified.

02. Protect Your Wealth From Inflation:

Inflation has been on the rise in many developed countries, practically all over the world. This can have a negative impact on your wealth. Investing in crypto coins could potentially help you in avoiding inflation and still be able to protect your wealth.

03. Have Total Control Over Your Investment:

Crypto currencies are decentralized, and a third party does not control them. This means you will be able to do whatever you like with your investment without relying on anyone else.

04. Enable & Benefit From Innovation:

Crypto currencies allow for new investment opportunities, which will help in promoting innovation. You may even make money from the latest innovations that are being brought about.

Conclusion:

With the four reasons listed above, investing in crypto coins might be a good idea. However, it is still a relatively new type of investment, so there are a lot of risks involved as well. As long as you understand these risks, you could benefit from the innovations that will come about because of crypto coin.

#crypto coin #crypto currency #crypto token #biggest decentralized crypto exchange #how to use a decentralized exchange #decentralized crypto exchange #crypto exchange #iag token

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songbritt60 · 5 months

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5 Greatest Asic Miners For Ethereum Traditional Mining In 2022

The networking mode used in the S19J Pro Miner is RJ45 Ethernet 10/100M, and the net weight of this ASIC miner outside the packaging is 14.6 kg. The operator of the ASIC miner should check the enter voltage earlier than plugging the power provide into the Antminer S19 mannequin, because the mistaken voltage could cause critical harm to the ASIC miner chip. To guarantee the protection of Antminer’s firmware from exterior viruses, the Secure Boot possibility is enabled by default on the system, and root access can be disabled. So after Access additional details detailed rationalization about Antminer S19 Series lets head over to the technical specifications of the four ASIC fashions offered by Bitmain firm. A 2021 report confirmed that annually, Bitcoin consumes 91 terawatts of energy, which eclipses the ability utilization of the entirety of Finland at 86.1 terawatts. The power that Bitcoin alone makes use of — zero.5% of the world's vitality consumption — places a heavy burden on the environment. Later on this article, we’ll take a glance at tips on how to calculate an ASIC's mining profitability by factoring in the hash rate, Antminer value and electrical energy price. This mixture of efficiency and low-power utilization makes them rather more economical to run than more general-purpose hardware. Each cryptocurrency has its own cryptographic hash algorithm, and ASIC miners are designed to mine utilizing that specific algorithm. Bitcoin ASIC miners are actually designed to calculate the SHA-256 hash algorithm. It will increase your hash price, improves efficiency, and reduces heat and hearth threat. Keeping the machine clear also needs to assist to protect microchips and parts, and lengthen your rig’s lifetime. MicroBT has introduced new fashions of ASIС miners for SHA-256 algorithm cash mining. MicroBT WhatsMiner M30S+ provides a hash fee of 100 Th/s and M30S++ with a hash fee of 112 Th/s. However, I want to add within the reality that you may want an ethernet cable working from both your router or community swap for every Bitcoin Miner you propose on operating. Ethereum Stack Exchange is a question and reply website for users of Ethereum, the decentralized application platform and sensible contract enabled blockchain. All operational changes you make are translated on the PCB and despatched to the hashing boards to carry out. Buy Bitcoin Worldwide receives compensation with respect to its referrals for out-bound crypto exchanges and crypto wallet web sites. His specialty on techradar is Software as a Service (SaaS) applications, overlaying every little thing from workplace suites to IT service instruments. He can also be a science fiction and fantasy author, printed as Brian G Turner. Multiminer is cross-platform, however additional software program is required to get it engaged on macOS and Linux. Along with offering a easy textual content interface and features by the ton, BFGMiner is on the market for Windows and all main flavors of Linux. Lastly, if some unknown Bitcoin cloud mining or pool mining website appears too good to be true, it’s doubtless a scam. The biggest such scheme was BitClub Network, when three fraudsters had been arrested for pilfering $722 million price in crypto property. The widespread tactic is to vow a share within the hashing power for an initial investment. As befits a real Ponzi scheme, scammers would then additionally ask the investors to deliver in new recruits for rewards. Many individuals examine mining swimming pools and assume it's only a group that pays out free bitcoins. For new miners, this is a nice choice for mining Classic Ethereum. With a excessive power consumption of 2556W, the effectivity of Bitmain Antminer E9 is excessive. The four miners help to lower warmth levels and avoid excessive electrical energy costs. While solo Bitcoin miners may find it tough to profit from the enterprise, people who be a part of Bitcoin mining pools are much more probably to herald a return.

After all, its lowering hash rate is right for model new miners utilizing ASIC devices. There are so many individuals and highly effective computing techniques trying to mine Bitcoin that miner groups form to search out that number and share the profit. That’s why individuals who can afford it go for ASIC miners as a outcome of it provides them the greatest probability of earning cryptocurrency in trade for his or her investment. The AvalonMiner A1166 Pro also has an influence efficiency of 42J/TH, which is type of impressive, and provides it potential for an excellent return on funding. While the hash fee is less than the Antminer merchandise, this unit can additionally be inexpensive, that means you can see a return in your investment in underneath 100 days in accordance with some estimates. While the gadget draws plenty of energy, the M32's built-in fans dissipate the heat rapidly and it is noise stage is comparable to competing miners. There does not seem to be a straightforward approach to switch off CPUMiner when you're only interested in Bitcoin. As such it has plenty of highly effective options, whereas being a lot kinder to newcomers. The worth of cryptocurrencies similar to Bitcoin have loved a latest resurgence, with the underlying distributed ledger expertise (DLT) reinforcing the great long-term outlook. Comparatively, the Whatsminer M30S+ falls wanting the capabilities of this gadget. Produced by MicroBT in Shenzhen, the Whatsminer M30S+ arrives with a 6-month guarantee, that includes a plastic construction and a 135-day payback period.

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