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alinashofi555 · 9 days ago
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Stablecoin Development: Building the Future of Digital Finance
The evolution of digital finance has reached a pivotal moment, and stablecoins are at the heart of this transformation. As a category of cryptocurrency that aims to maintain price stability, stablecoins bridge the gap between traditional finance and blockchain-based systems. Their development is not just a trend but a foundational aspect of the new financial infrastructure.
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Stablecoins have grown beyond theoretical discussion. They are actively reshaping remittances, digital payments, decentralized finance (DeFi), and even national monetary policy considerations. But how are these coins developed? What does it take to build a stablecoin that is not only technically sound but also compliant, scalable, and trusted?
Let’s explore the key aspects of stablecoin development — from the core mechanics and types of stablecoins to regulatory considerations and the technical foundation that supports their real-world utility.
Understanding the Core Purpose of Stablecoins
To understand stablecoin development, one must start with the problem they solve. Cryptocurrencies like Bitcoin and Ethereum are known for their volatility. While that volatility may serve traders well, it’s a significant hurdle for mainstream adoption, especially for payments or store-of-value use cases.
Stablecoins offer a solution by pegging their value to a stable asset — most commonly the US dollar, though some use gold, euros, or even a basket of assets. This pegging enables consistent pricing, which is essential for both consumers and merchants.
Types of Stablecoins and Their Development Models
Not all stablecoins are created equally. They differ based on the mechanisms used to maintain their price stability. Each type demands a different approach to development.
Fiat-Collateralized Stablecoins These are the most common stablecoins, backed by fiat currency reserves held by a custodian. For every 1 stablecoin issued, there is typically 1 USD (or other fiat) held in reserve. Examples include Tether (USDT) and USD Coin (USDC).
Development Focus:
Building a transparent reserve management system.
Smart contract integration for issuance and redemption.
API integration with banking partners and custodians.
Audit and compliance systems to assure users of solvency.
Crypto-Collateralized Stablecoins These are backed by other cryptocurrencies. The over-collateralization model ensures that price fluctuations in the underlying crypto asset don’t affect the peg. MakerDAO’s DAI is a prime example.
Development Focus:
Smart contract architecture to manage collateralization ratios.
Oracle integrations to fetch real-time asset prices.
Governance modules to handle protocol upgrades.
Risk management logic to handle liquidations.
Algorithmic Stablecoins These stablecoins are not backed by any asset. Instead, they use algorithms to control supply and demand. While theoretically sound, they have proven volatile in practice — Terra’s UST being a cautionary tale.
Development Focus:
Supply rebalancing algorithms coded into smart contracts.
Decentralized governance frameworks.
Dynamic incentive mechanisms to stabilize token supply.
Complex testing environments for economic scenarios.
Technology Stack Behind Stablecoin Development
Stablecoin development is not just about deploying a token on a blockchain. It involves a multi-layered tech stack that includes:
Blockchain Platform Selection: Ethereum remains the most popular due to its robust DeFi ecosystem, but other platforms like Solana, Avalanche, and Polygon offer better scalability and lower fees.
Smart Contracts: The core engine behind stablecoins, these contracts manage minting, burning, collateral management, and more. They must be audited rigorously to prevent exploits.
Oracles: Reliable price feeds are essential, especially for crypto-collateralized and algorithmic stablecoins. Chainlink and Band Protocol are common oracle providers.
Wallet Integration: Stablecoins must be accessible via major wallets and supported by dApps, which requires development of SDKs and APIs.
Security Infrastructure: From multisig wallets for reserve custody to firewalls and monitoring tools, security is a critical pillar.
KYC/AML Compliance Modules: For fiat-backed coins, regulatory compliance systems are built into the issuance and redemption mechanisms.
Legal and Regulatory Considerations
The success of a stablecoin doesn’t depend on code alone. Regulatory acceptance is crucial for long-term viability. Developers must work alongside legal experts to navigate the constantly evolving frameworks.
Licensing and Jurisdiction: The issuing entity must often register as a money services business (MSB) and obtain licenses where required. Jurisdiction affects reserve management, taxation, and user access.
Audits and Transparency: Users must trust the reserve backing. Hence, regular third-party audits and real-time proof-of-reserves systems are becoming the norm.
Sanctions and Compliance: Built-in mechanisms to freeze assets or block certain wallets are increasingly being required by regulators, especially in the U.S. and EU.
Global Coordination: Developers targeting a global audience must understand differing regulations in key markets like Singapore, Switzerland, and the UAE.
Integration into the Broader Ecosystem
The real strength of stablecoins lies in their adoption. Developers need to plan for ecosystem integration from day one.
Merchant Acceptance: APIs and SDKs for e-commerce and point-of-sale systems boost real-world usage.
DeFi Compatibility: Stablecoins should integrate smoothly with DeFi protocols like lending pools, DEXs, and derivatives platforms.
Cross-Chain Functionality: Using bridges and interoperability protocols ensures stablecoins can move across chains without losing value or function.
Mobile and Microtransaction Support: In regions where traditional banking is limited, stablecoins can power mobile money systems. Light clients and off-chain solutions help reduce costs.
Challenges in Stablecoin Development
Despite the promise, stablecoin development faces considerable challenges:
Regulatory Uncertainty: Rules vary widely across jurisdictions, and unclear guidelines can limit launch scope or lead to shutdowns.
Technological Risks: Smart contract bugs or oracle failures can destabilize the peg. Thorough testing and redundancy systems are essential.
Public Trust: Trust is hard-won and easily lost. Transparency, responsiveness to crises, and community engagement are key to maintaining it.
Scalability: As demand grows, ensuring the underlying infrastructure can scale without bottlenecks is a constant challenge.
The Future of Stablecoin Development
Looking ahead, stablecoins are poised to play a significant role in both traditional and decentralized finance. Central banks are experimenting with Central Bank Digital Currencies (CBDCs), while private issuers continue to innovate with multi-asset and yield-bearing stablecoins.
One emerging trend is programmable money, where stablecoins can execute conditional payments (e.g., salary release upon task completion). Another is privacy-focused stablecoins that offer confidentiality without compromising compliance.
As financial institutions, fintech startups, and developers converge around this space, the bar for stablecoin development continues to rise. It’s no longer just about maintaining a peg — it’s about building a digital asset that is secure, transparent, and widely useful.
Conclusion
Stablecoin development represents a powerful fusion of technology, finance, and governance. While the path is complex and riddled with challenges, it also offers immense potential to reshape how we store and transfer value globally. Developers and innovators who approach this space with care, foresight, and responsibility will not only create a useful product but help lay the foundation of a more inclusive financial future.
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nulledclubproblog · 29 days ago
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Crypto Currency Tracker Nulled Script 9.5
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Unlock the Power of Digital Finance with the Crypto Currency Tracker Nulled Script In the dynamic world of digital finance, staying ahead of market trends is critical. That’s where the Crypto Currency Tracker Nulled Script becomes your ultimate ally. Whether you're a crypto enthusiast, a data-driven investor, or a tech-savvy entrepreneur, this powerful script is designed to transform your website into a real-time crypto hub—absolutely free. What Is the Crypto Currency Tracker Nulled Script? The Crypto Currency Tracker Nulled Script is a cutting-edge PHP-based solution that enables you to display live cryptocurrency prices, charts, market capitalization data, and ICO information on your website. Originally a premium product, this nulled version offers all the robust functionalities without the hefty price tag. It supports hundreds of cryptocurrencies and integrates seamlessly with top APIs to fetch real-time data, ensuring your users never miss a beat in the fast-moving crypto landscape. Why Choose the Crypto Currency Tracker Nulled Script? Unlike other tools that require subscription fees or API usage limits, this script offers unrestricted access to a wide range of data. The nulled version is tailored for developers and website owners who want the full suite of features at zero cost. And the best part? You can download it hassle-free from nulled club. Technical Specifications Language: PHP 7.x / 8.x Framework: CodeIgniter (lightweight and fast) Database: MySQL Front-End: Bootstrap 4, AJAX-powered widgets Integration: CoinGecko and CryptoCompare APIs Responsive: Fully mobile and tablet-friendly Key Features and Benefits Live Cryptocurrency Prices: Display real-time prices for Bitcoin, Ethereum, and altcoins with sleek, customizable widgets. Interactive Charts: Offer historical performance data with interactive charts to help users make informed decisions. ICO Listings: Highlight current and upcoming ICOs with essential information and links. Currency Converter: Allow users to convert crypto-to-crypto or crypto-to-fiat currencies instantly. News Feed Integration: Keep users informed with the latest crypto news from reliable sources. Customizable Layout: Personalize design elements to match your brand identity. Real-World Use Cases This script is ideal for: Crypto News Portals: Provide dynamic content that keeps your audience returning daily. Investment Blogs: Enhance user engagement with live price tickers and analytics tools. ICO Monitoring Sites: Showcase upcoming ICOs and track their progress effectively. Exchange Affiliate Sites: Embed price comparison widgets and increase your conversion rates. How to Install and Use Download the Crypto Currency Tracker Nulled Script from a trusted source. Extract the package to your server root directory. Create a new MySQL database and import the included SQL file. Configure the config.php file with your database credentials and API keys. Run the installation wizard and follow the on-screen instructions. Log in to your admin panel and start customizing the script to suit your needs. Frequently Asked Questions Is the nulled version safe to use? Yes, if downloaded from a reliable source, the nulled version is completely safe and free from malicious code. Can I use this script on multiple domains? Absolutely! The script is fully open and does not contain any license restrictions. Will I get updates for this version? While official updates are not available, the community often shares patches and improvements on popular nulled forums. Does it support automatic data refresh? Yes, the script uses AJAX and cron jobs to ensure live updates without manual intervention. Where can I get more nulled WordPress tools? For more tools like Yoast seo nulled, explore popular nulled marketplaces that specialize in premium WordPress resources. Final Thoughts If you're passionate about the cryptocurrency world and want to deliver a premium experience without spending a dime, the Crypto Currency Tracker is your go-to solution.
With rich features, a responsive layout, and easy installation, it's perfect for building a powerful crypto-focused platform. Download it today and start creating your digital financial ecosystem instantly.
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oliverethanrobin · 6 months ago
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Unlocking Blockchain Innovation: Crypto APIs for Developers
In the rapidly evolving world of blockchain and cryptocurrencies, developers need efficient tools to build applications, streamline processes, and access critical data. This is where Crypto APIs come into play, acting as bridges between blockchain networks and the applications that developers create. By offering seamless integration with blockchain technology, Crypto APIs empower developers to innovate faster and focus on enhancing user experiences rather than dealing with the complexities of underlying systems.
This blog explores the essentials of Crypto APIs for developers, their use cases, and how they’re shaping the future of blockchain-based applications.
What Are Crypto APIs?
Crypto APIs are application programming interfaces that provide developers with the functionality to interact with blockchain networks. They allow developers to integrate blockchain capabilities such as cryptocurrency transactions, wallet management, and real-time market data into their applications with ease.
Key Features of Crypto APIs:
Blockchain transaction management.
Wallet creation and balance checks.
Real-time market and pricing data retrieval.
Smart contract deployment and interaction.
Cross-chain interoperability.
Why Developers Need Crypto APIs
For developers venturing into blockchain projects, building features from scratch can be time-consuming and complex. Crypto APIs simplify the process by offering ready-made solutions.
Benefits of Crypto APIs for Developers:
Time Efficiency: Speeds up the development process by eliminating the need to build blockchain integrations from scratch.
Cost-Effective: Reduces costs by using pre-built tools rather than investing in custom infrastructure.
Cross-Chain Support: Allows seamless integration with multiple blockchains using a single interface.
Security: Offers built-in security measures such as encryption and multi-signature wallets.
Scalability: Enables applications to handle increasing user demands with minimal changes.
Key Use Cases of Crypto APIs
Crypto APIs are versatile tools that power a wide range of applications in the blockchain ecosystem.
1. Cryptocurrency Wallets
Crypto APIs enable developers to create secure wallets for sending, receiving, and storing digital assets.
Example: A wallet app that tracks balances in real-time and supports multiple cryptocurrencies.
2. Decentralized Applications (dApps)
Developers can leverage Crypto APIs to build dApps that interact with smart contracts or decentralized finance (DeFi) platforms.
Example: A DeFi platform that automates lending, borrowing, and staking processes.
3. Cryptocurrency Exchanges
Crypto APIs provide trading platforms with tools to fetch real-time prices, manage order books, and execute trades.
Example: A crypto exchange offering instant trading across various tokens and markets.
4. Blockchain Analytics
APIs facilitate access to blockchain data, enabling developers to create analytics tools for monitoring transactions and network activity.
Example: A tool that identifies transaction patterns and wallet activity for compliance purposes.
5. Payment Gateways
With Crypto APIs, businesses can accept cryptocurrency payments on e-commerce platforms or as part of subscription models.
Example: An API-enabled payment gateway that supports Bitcoin and Ethereum transactions.
Popular Crypto APIs for Developers
1. Coinbase API
Provides tools for managing wallets, transactions, and payments on the Coinbase platform.
Best For: Payment gateways and wallet integration.
2. Binance API
Offers advanced trading features and real-time market data from the Binance exchange.
Best For: Crypto exchanges and trading bots.
3. Chainlink API
Provides decentralized oracles to bring off-chain data onto the blockchain.
Best For: Smart contract interactions requiring external data, such as pricing feeds.
4. Alchemy API
Focuses on blockchain infrastructure for Ethereum and other networks, providing tools for building dApps and DeFi projects.
Best For: Developers building Ethereum-based applications.
5. Bitquery API
Enables blockchain data retrieval and analytics across multiple blockchain networks.
Best For: Blockchain analytics tools and compliance tracking.
How to Choose the Right Crypto API
When selecting a Crypto API for your project, consider these factors:
Blockchain Support: Ensure the API supports the specific blockchain networks you’re building on.
Features: Evaluate whether the API provides the functionalities your project requires, such as wallet management or data analytics.
Documentation: Look for APIs with clear, comprehensive documentation to simplify integration.
Security: Verify that the API includes robust security measures like authentication and encryption.
Scalability: Choose APIs that can scale with your application as it grows.
Future Trends in Crypto APIs
The Crypto API landscape is constantly evolving, driven by innovations in blockchain technology and the growing demand for decentralized solutions.
1. Cross-Chain Interoperability
APIs enabling seamless data and asset transfer between multiple blockchains will become increasingly important.
2. AI-Powered APIs
Combining artificial intelligence with Crypto APIs to offer predictive analytics and automated decision-making.
3. NFT APIs
Enhanced APIs for creating, managing, and trading non-fungible tokens (NFTs) will drive the expansion of the digital ownership ecosystem.
4. Compliance-Focused APIs
APIs that simplify compliance with regulations like KYC (Know Your Customer) and AML (Anti-Money Laundering) will gain traction.
5. DeFi-Specific APIs
APIs tailored for decentralized finance, offering tools for yield farming, staking, and liquidity management, will continue to grow.
Conclusion
Crypto APIs are revolutionizing blockchain development by providing developers with the tools to integrate powerful functionalities into their applications. Whether it’s building wallets, creating DeFi platforms, or enabling cryptocurrency payments, APIs streamline development and enhance the user experience.
As the blockchain ecosystem grows, staying ahead of trends in Crypto APIs will be crucial for developers and businesses looking to innovate. Partnering with experienced blockchain 
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poojanegi99945 · 10 months ago
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Behind the Scenes: Crafting a Successful Flash Loan Arbitrage Bot
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The world of Decentralized Finance (DeFi) has brought about revolutionary ways to trade, invest, and make profits, with flash loans standing at the forefront of this evolution. One of the most lucrative methods for tapping into DeFi’s potential is through arbitrage, particularly using flash loans. If you’re considering Flash Loan Arbitrage Bot Development, this blog will take you behind the scenes to understand the critical aspects of building a successful flash loan arbitrage bot.
What Is Flash Loan Arbitrage?
Flash loan arbitrage is a trading strategy that capitalizes on the price differences of assets across multiple decentralized exchanges (DEXs). A flash loan allows traders to borrow large sums of cryptocurrency without collateral, but with the caveat that the loan must be repaid within a single blockchain transaction. This allows traders to quickly execute profitable trades across different exchanges.
A flash loan arbitrage bot is an automated tool designed to identify arbitrage opportunities and execute trades in real time. With the fast pace of DeFi, automation is crucial to ensure trades happen in fractions of seconds, maximizing profit potential.
Key Components of a Successful Flash Loan Arbitrage Bot
1. Automated Flash Loan Execution
The core feature of any flash loan arbitrage bot is its ability to automate the borrowing and repayment of flash loans. The bot must interact seamlessly with DeFi platforms like Aave, dYdX, or Uniswap to ensure that the loan is repaid within the same transaction, minimizing risks for the trader.
- Why it matters: Without automation, it would be impossible to execute a flash loan arbitrage opportunity within the tight time constraints of a single transaction.
2. Real-Time Price Tracking Across DEXs
For a flash loan arbitrage bot to be effective, it must constantly monitor price discrepancies across various DEXs. Platforms like Uniswap, SushiSwap, PancakeSwap, and others present frequent arbitrage opportunities, and the bot needs to scan real-time data feeds and APIs to find these opportunities instantly.
- Why it matters: Even a minor delay in detecting price discrepancies can result in missed profit opportunities, especially in the fast-moving world of DeFi.
3. Smart Contract Integration
Smart contracts are at the heart of DeFi, and your flash loan arbitrage bot must be built with robust smart contract integration. These contracts manage the borrowing, trading, and repayment of flash loans, ensuring everything happens within one seamless transaction. 
- Why it matters: Smart contracts enable trustless, secure transactions. If a flash loan arbitrage opportunity is not profitable or the conditions aren't met, the transaction is automatically canceled.
4. Gas Fee Optimization
One of the most overlooked but vital aspects of Flash Loan Arbitrage Bot Development is gas fee optimization. On networks like Ethereum, high gas fees can significantly cut into your profits. Your bot should include techniques to minimize these costs, such as bundling transactions or executing trades during periods of lower network congestion.
- Why it matters: High gas fees can quickly turn a profitable arbitrage trade into a loss. Optimizing these fees is crucial for maintaining profitability.
5. Risk Management Protocols
Risk management is another key component. Arbitrage opportunities can be highly profitable, but they also carry risks such as slippage (price movement during the trade) and failed transactions. Your bot should be designed to handle these risks by setting slippage limits and aborting trades that fall below a certain profitability threshold.
- Why it matters: Effective risk management ensures that your bot only engages in trades where the likelihood of profit outweighs potential losses.
6. Cross-Chain Compatibility
As DeFi expands across multiple blockchain ecosystems such as Ethereum, Binance Smart Chain, and Polygon, your flash loan arbitrage bot should be able to function on various chains. Cross-chain compatibility widens the range of arbitrage opportunities and increases the bot’s profitability by allowing it to take advantage of different market conditions.
- Why it matters: Multi-chain compatibility enables your bot to operate in more diverse markets, increasing the likelihood of finding profitable arbitrage opportunities.
Development Challenges and Solutions
Security Risks
DeFi is a high-stakes environment, and your flash loan arbitrage bot is only as good as its security. Since flash loans involve high-value, instant transactions, your bot must be thoroughly tested for vulnerabilities, such as reentrancy attacks or bugs that could expose funds to hackers.
- Solution: Comprehensive audits of the bot’s code and smart contracts and continuous monitoring can mitigate security risks.
Network Latency
Speed is crucial for successful arbitrage. Any delay in data processing or transaction execution can mean missing out on profitable opportunities. Your bot needs to be optimized for low latency and high-speed transaction execution.
- Solution: Use optimized coding practices, low-latency servers, and efficient communication with blockchain nodes to ensure your bot performs at optimal speeds.
Profitability Monitoring
Your bot mustn’t engage in unprofitable trades. A built-in profitability monitoring system will evaluate potential trades by factoring in gas fees, slippage, and other transaction costs before executing them.
- Solution: Set a threshold for minimum profits and only allow the bot to proceed with trades that meet this criterion.
Conclusion
Building a successful flash loan arbitrage bot requires careful planning, technical expertise, and a deep understanding of market dynamics. With features like automated execution, cross-exchange price monitoring, smart contract integration, and gas optimization, your bot can effectively capitalize on arbitrage opportunities. As Flash Loan Arbitrage Bot Development continues to evolve alongside the growth of DeFi, it remains a profitable venture for developers and traders alike.
By focusing on security, speed, and profitability, you can craft a bot that not only survives but thrives in the highly competitive DeFi ecosystem.
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jorasingh · 1 year ago
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Leveraging CoinHubMarket to Advance Your Crypto Ventures
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In an ecosystem as dynamic as the cryptocurrency market, having access to reliable and comprehensive tools is indispensable for growth and sustainability. CoinHubMarket is one such tool that has cemented its place as an industry standard. This article dives into the ways you can harness CoinHubMarket to grow your project, enhance your cryptocurrency portfolio, and stay up-to-date with today’s cryptocurrency prices by market cap.
Elevate Your Project via CoinHubMarket
Visibility is a currency of its own in the cryptosphere, and listing your project on CoinHubMarket guarantees you a significant share. The platform is a trusted resource with millions of monthly visitors, providing an unprecedented opportunity to gain traction among a broad audience of investors, developers, and crypto enthusiasts.
CoinHubMarket dedicates a specialized page to every listed project, complete with essential details such as mission statements, technological frameworks, and future roadmaps. This information hub acts as a gateway, attracting potential investors and collaborators interested in your project’s unique value proposition.
Further adding to its utility, CoinHubMarket offers a comprehensive API for developers. This API delivers real-time data feeds, ensuring transparency and trust for your decentralized applications. Leveraging these resources can lead to more informed decision-making, thus playing a crucial role in the long-term growth and success of your project.
Expand Your Crypto Portfolio with CoinHubMarket
CoinHubMarket is more than a listing platform; it's a treasure trove for investors aiming to diversify or optimize their crypto portfolios. Featuring a wide array of market data, including price charts, trading volumes, and historical records, the platform armors you with all the information required to make astute investment choices.
The website also curates insightful news articles and market analyses, presenting you with a holistic view of factors that may influence asset performance. From regulatory shifts to technological advancements, staying updated on these aspects predicates more informed investment strategies and, consequently, more gratifying returns.
For those in pursuit of diversification, CoinHubMarket’s ‘Watchlist’ function proves invaluable. It enables you to monitor specific assets, offering a consolidated view to gauge performance before committing capital. This feature aids in thorough due diligence and effective risk management.
Stay Updated with Today’s Cryptocurrency Prices by Market Cap
Staying abreast of today's cryptocurrency prices by market cap is crucial for navigating the volatile crypto market. CoinHubMarket excels here, offering real-time updates on the market capitalization of thousands of cryptocurrencies, including notable ones like Bitcoin and Ethereum.
The user-friendly interface allows you to filter and sort cryptocurrencies based on various parameters, including market cap, trading volume, and circulating supply. These customizable options enable you to zero in on metrics most pertinent to your strategy, adding another layer of utility.
To top it off, CoinHubMarket's 'Top Gainers' and 'Top Losers' sections provide additional insights, helping investors discern emerging trends and steer clear of potential risks. Such comprehensive market overviews ensure you are always well-informed, empowering you to make strategic decisions efficiently.
Conclusion
CoinHubMarket is an invaluable asset to anyone immersed in the cryptocurrency landscape, offering indispensable tools to grow your project, expand your crypto investments, and stay informed about today’s cryptocurrency prices by market cap. Whether you're a developer seeking visibility, an investor craving insightful data, or someone new to the crypto space, CoinHubMarket equips you with the necessary knowledge and tools to succeed. Embrace its myriad features to navigate the complex world of digital currencies with confidence and precision.
Source Read More: https://blogingrace.com/
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thenewsart · 2 years ago
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Chainlink debuts price feed oracles on Polygon zkEVM
Decentralized oracle network Chainlink has launched its data feeds on Polygon’s zero-knowledge scaling solution compatible with the Ethereum Virtual Machine. In a press release shared with crypto.news, Chainlink said the expansion now allows blockchain developers to build decentralized applications on Polygon’s zkEVM in a new way, resistant to API downtime and flash loan attacks. Polygon Labs…
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albertpeter · 2 years ago
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Unveiling the Backbone: Infrastructure Behind Token Development Services for High-Transaction Support
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In the ever-evolving landscape of blockchain technology, token development services play a pivotal role in bringing innovative projects to life. As the demand for decentralized applications (DApps) and blockchain-based solutions continues to surge, the need for a robust infrastructure that can support high transaction volumes becomes paramount. In this exploration, we delve into the intricate web of technologies that underpin token development services, unraveling the essential infrastructure that enables seamless high-transaction support.
The Blockchain Backbone:
At the heart of token development services lies the blockchain, a distributed ledger that ensures transparency, security, and immutability of transactions. The choice of blockchain platform is crucial in determining the scalability and transaction speed of a token. Ethereum, Binance Smart Chain, Solana, and Polkadot are among the leading blockchain platforms, each with its unique features catering to different project requirements.
Smart Contracts: The Engine of Token Functionality
Smart contracts, self-executing contracts with coded terms, are the driving force behind token functionality. These contracts automate and enforce the rules of a token, eliminating the need for intermediaries. Ethereum, renowned for pioneering smart contracts, uses the Solidity programming language. However, newer platforms like Solana offer faster transaction speeds and lower fees, making them increasingly popular choices for projects aiming for high-transaction support.
Scalability Solutions:
Scalability remains a key challenge for blockchain networks, especially when aiming to handle a high volume of transactions. Layer 2 solutions, such as sidechains and state channels, offer a scalable approach by processing transactions off the main blockchain. The Ethereum network, for instance, is exploring Layer 2 solutions like Optimistic Rollups and zk-Rollups to enhance scalability and reduce congestion.
Consensus Mechanisms:
Consensus mechanisms determine how transactions are validated and added to the blockchain. Proof-of-Work (PoW), the original consensus mechanism, requires miners to solve complex mathematical problems to validate transactions. Ethereum currently employs PoW but plans to transition to Proof-of-Stake (PoS) with Ethereum 2.0 to improve scalability and energy efficiency. Other networks, like Binance Smart Chain and Solana, already utilize PoS, providing faster transaction confirmation times.
Node Infrastructure:
Nodes are the backbone of any blockchain network, serving as points of validation and communication. Full nodes store the entire blockchain history, ensuring security and decentralization. However, maintaining a full node can be resource-intensive. To address this, some blockchain networks offer light nodes, which store only a subset of the blockchain data, reducing resource requirements while still contributing to network validation.
Decentralized Storage:
Decentralized storage solutions, such as IPFS (InterPlanetary File System), ensure that data associated with tokens is distributed across a network of nodes rather than relying on a centralized server. This not only enhances security but also contributes to the overall decentralization of the token infrastructure. Decentralized storage is particularly crucial for projects dealing with large amounts of data, such as non-fungible tokens (NFTs) and decentralized finance (DeFi) platforms.
APIs and Oracles:
To interact with external data and systems, token development services often leverage Application Programming Interfaces (APIs) and oracles. APIs facilitate communication between different software systems, while oracles provide external data to smart contracts. These components are essential for DeFi projects that require real-world data, such as price feeds and market information, to execute smart contracts accurately.
Security Measures:
Token development services must prioritize security to safeguard user assets and maintain the integrity of the blockchain network. Multi-signature wallets, hardware wallets, and secure key management practices are crucial components in securing tokens. Regular security audits and code reviews also play a vital role in identifying and mitigating vulnerabilities.
Conclusion:
In the fast-paced world of token development, the infrastructure supporting high transaction volumes is the unsung hero that ensures the smooth operation of blockchain projects. From the choice of a blockchain platform to consensus mechanisms, smart contracts, and security measures, each component contributes to the overall success and scalability of token development services. As blockchain technology continues to evolve, staying abreast of the latest infrastructure developments is essential for anyone looking to navigate the dynamic landscape of decentralized applications and token ecosystems.
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ailtrahq · 2 years ago
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Blockchain oracle network Chainlink has tapped into Ethereum (ETH) layer 2 scaling protocol Arbitrum to drive cross-chain decentralized application development.The two protocols announced the mainnet launch of the Chainlink Cross-Chain Interoperability Protocol (CCIP) on Arbitrum One on Sept .21, giving developers access to Chainlink’s solution that taps into Arbitrum’s high-throughput, low cost scaling.The combination of CCIP and Arbitrum One’s ecosystem aims to unlock a myriad of use cases, including cross-chain tokenization and collateralization, blockchain gaming, data storage and computation.Chainlink Labs chief business officer Johann Eid commented on the partnership, highlighting Arbitrum’s role in offloading transaction congestion from Ethereum’s base layer and providing a base to build DApps.“CCIP now gives these users access to a highly secure and easy-to-use interoperability protocol built on Chainlink's time-tested infrastructure, powering cross-chain smart contracts in a way that will open up new avenues of growth, accessibility, and innovation.”The integration will marry Arbitrum’s optimistic rollup technology that currently commands around 60% of total value locked in the wider Ethereum layer two ecosystem. Arbitrum facilitates fast and low fee transactions that are batched off-chain and then submitted to Ethereum’s base layer.The optimistic rollup is assumed to be valid until proven otherwise by validators of the network.Meanwhile CCIP allows developers to build cross-chain DApps that use arbitrary messaging and simplified token transfers. This taps into Chainlink’s decentralized oracle network that enables smart contracts to securely access off-chain data sources, APIs, and payment systems. Related: Blockchains need an interoperable standard to evolve, say crypto execsThe protocol allows smart contracts to interact with real-world data and events, making it possible for them to be triggered by data from external sources.Another prominent Ethereum scaling technology firm in StarkWare previously tapped into Chainlink’s oracle services. As Cointelegraph previously reported, StarkWare’s zero-knowledge proof rollup protocol StarkNet integrated Chainlink’s data and price feeds for its ecosystem in February 2023.Magazine: NFT collapse and monster egos feature in new Murakami exhibition Source
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data-analytics-blog · 2 years ago
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What is Ethereum?
Whether you’re into cryptocurrency news or not, you’ve probably heard of Bitcoin. What you may not be as familiar with, however, is the second-most popular cryptocurrency: Ether (ETH), which is part of the Ethereum open-source blockchain.
In fact, you may have even seen a financial website using an Ethereum price feed API and not even realized that it was tracking market prices of ETH. To get these prices, an Ethereum price feed API needs to follow the Ethereum blockchain.
What is a Blockchain?
A blockchain is a digital chain of custody that shows the transactional history of cryptocurrencies and digital files. It doesn’t record your personal details when you complete a transaction using a cryptocurrency, so it doesn’t create a receipt or anything that shows what the money was spent on. Instead, it notes the transaction, and then the next transaction makes a copy of the previous one and so on.
All cryptocurrencies utilize blockchain technology to provide stability in the trading and investing world since the blockchain prevents new coins from being created out of thin air. A blockchain like Ethereum shows all transactions that have taken place using ETH coins, allowing users to see exactly how many coins are in the market to determine their value and verify their authenticity.
How Can You Spend ETH?
To spend ETH through Ethereum, owners of coins will either need to find someone who will accept the coins as payment or the coins will need to be sold through an exchange for fiat currency. Buying and selling cryptocurrencies makes use of blockchains to determine the market value of a coin in real-time. These values can swing wildly throughout the day, so investors keep a close eye on markets before using exchanges to buy or sell.
Smart Contracts and Ethereum
One defining characteristic of Ethereum that isn’t present for all cryptocurrencies is the use of smart contracts. These are computer programs that automatically execute actions when pre-defined conditions have been met. The use of smart contracts helps to limit risk when trading in cryptocurrencies since a smart contract can be written into the blockchain itself, allowing all parties to be notified when conditions go into effect.
Ensure accurate price data for your smart contracts with reliable price feeds. Visit this website now and learn how our price feeds for smart contracts can help you build secure and reliable DeFi applications!
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cryptonewsmanuelakanji · 4 years ago
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Fanadise is an exclusive content subscription platform made for NFT's
With Fanadise you can collect, stake, buy and sell NFT Moments from your favourite influencers
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About Fanadise
Fanadise is an exclusive content platform created for internet influencers to monetize their social presence and bring interactions with followers to a whole new level.
While all news outlets from the past few years hid behind paywalls and started to get their fair share for the work they put into preparing the news, internet creators remained highly underpaid. We aim to change that - bringing so much more to the table.
Connect with your fans (or idol) in a new way
By releasing premium pictures and videos, showing them your backstage life, letting them in to see your close friends interactions; they can listen to your songs first, they can see your videos and pictures before the others, chat with you, interact with you via comments, get huge bonuses from subscription tiers or get merch and other giveaways directly from the first drop; the phrase "true fan" will mean so much more.
And then there's NFT's! By using them to decentralize content ownership we change the rules forever.
Creators get a cut of what fans pay for and will always be entitled to get payment for their work. Big corporations will no longer feed on your talent. It is time to move forward. It's time for a social media revolution!
Idea Platfrom Fanadise
Custom made layouts for your own personal website
We help you create a theme that suits you best. Whether you are a model, YouTuber, singer, make up artist, coach or artist you may need something a bit different - we got you covered.
Customize your subscription models
We offer multi-level subscriptions for every website. It's up to you how you personalise it and what you offer at each subscription tier. We have a whole list of never seen before bonuses that we can offer your fans!
Tips and donations
Let your fans pay you more if they believe you are doing a great job. The TIP feature allows them to grant you any donation they want.
Single time purchases
Yes, we cover this one as well. You launched an ebook? You want to sell a course or a song? Want to sell photos/videos/galleries separately? No problem at all!
Advanced chat solutions
You can talk with your fans and customers, schedule a video call with them or you can send them special content through our chat. The opportunities are endless! All in one platform.
Edit HTML and CSS
You don't like your website theme? Design your own. Our HTML web-front creator is waiting for you.
Your own domain name
Choose the domain you would like for your website. No more promoting other companies. It's just you and your fans!
Safe checkout process
We accept all mayor credit cards and guarantee a safe and sound payment solution.
Personalized mailing & chat updates
Marketing automation is a key feature that informs your fans of new offers you are introducing. We combine mailing and chat updates to optimise reach.
Search engine optimized
Help your new fans find you quickly and efficiently through known search engines.
Digital products
Selling digital products is no longer a problem. Buy, then download them directly or via e-mail.
Unlimited bandwith
No worries, our servers can endure even the largest wave of traffic.
Features
Influencers will finally get paid for their online efforts
Big corporations like Facebook or Google take all the profit from the generated revenue of influencers via their ad services, leaving them with no or close to zero profit. Premium content is a new trend and here to stay - engage with your favourite influencers on a whole new level, getting access to content bonuses never seen before, unlocking the potential of exclusivity
NFT and subscription incentives for the creators
How much influencers earn when they are finally empowered with the tools to monetize their abilities and talents all depends on the work they put in. Subscriptions mean NFT's - every time you subscribe to your favourite creator you are guaranteed to get a special pack of Moments from his or her life, as well as all of the perks of the subscription level you have purchased
Resell moments of your favourite creators
The longer you are connected with your idol and the higher tier of subscription you choose, the better moments and perks you get - afterwards, you can collect your NFT's or put them up for sale on our marketplace
Advantages
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Here's a quick comparison of #Fanadise platform with contemporary platforms that content creators use. It is quite clear on why Fanadise is a better choice for content creators as well as their #fans. #FAN #NFT #cryptoart #NFTcollector #ethereum #bitcoin #NFTphotography #NFTcollection #NFTartists #NFTCommunity
Fanadise advanced tokenomics
Tokenomics are a foundation of every crypto project. Bitcoin, Ethereum, Binance Smart Chain, proof-of-concept coins, proof-of-stake tokens, liquidity pools, DeFi, NFTs — they all run by the rules of supply and demand. The whole blockchain scene is ultimately a one big digital economic ecosystem and economies have some things in common. Like inflation. Or market cycles. Every team standing by each single coin in the market injected their project with its own intrinsic ‘monetary’ system (“it’s programmed” says BTC maximalist on CT) which can eventually become the key to success — or the reason of a failure.
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We truly believe our system is special and is one of the reasons why $FAN coin will shake — and change — the market and social media forever.
Fanadise is an exclusive content NFT platform for internet creators. Our goal is to change the social world by decentralising the ownership of content thus giving back the power to the people. To make that happen, we decided to mix the Non Fungible Tokens, mechanisms known from the DeFi projects and social media scene into one ecosystem. In the following weeks we’re going to reveal further details but what we can already show you will definitely draw your attention (as it already did to many of our supporters and investors).
What you already know is pretty simple: we minted 1,000,000,000 $FAN tokens. Our coin is a utility token and will be used to create, gratify and run the community and the economic system around our services. 2% of the tokens will be sold at the pre-sale (0.05$ USD), 18% will be sold at the public sale (0.075$+ USD), 23% allocated for marketing and creator benefits, 19% used to provide liquidity to decentralized exchanges, 16% divided between our team and advisors and 22% frozen as reserve. Pre-sale and public sale will have a short lockup, rest of the coins will be released from the smart contract in the next 36 months (it doesn’t mean they will ever reach the market though).
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The idea is simple: We want people to USE our token in the application we are creating (that’s why we use the word ‘utility’). We want them to benefit from the fact they own the token not only by the speculative appreciation of its price, but by means of staking, farming, hodling and utilizing it within the Fanadise gamified system. In the standard DeFi farming projects you’re gonna lend or borrow (AAVE, COMP, SNX), stake coins to create a single sided or standard LP (all the DEXes). Some of them will offer you additional bonus appreciation in time (BNT). Lotteries and bets have also started to become a thing (PCS). APR and APY will often cause high inflation and make the price of the token go down — which is combated by the teams mostly by bringing more new users to the table and ‘burning’ the tokens they have in their bags (which will limit the circulating market cap but not necessarily the retail dumping). In Fanadise we have some ideas on how to combat inflation and how to avoid the ponzi-like futures of all inflationary projects.
First of all, staking $FAN token will not (or mostly won’t) give you rewards in $FAN token. No magic money tricks. We’re going to create NFT farms and the system where staking — and the duration of it — will increase the chances you have to draw more unique NFT moments — and in larger quantities. Let’s say we have 200 influencers on board and 10 of them are the ones you like. If you have 1000 $FAN tokens you can put a different number of tokens on different farms. It will improve your chances to win a concert ticket NFT or a birthday wish NFT or a special merchandising drop entrance NFT — or just a common picture NFT of your favourite actor with his puppy. It’s up to you which one of them you’d like to get most (and thus put most of your $FAN stack to).
The NFT moments will be like game cards with a utility (connected to the influencer and his own website created within the Fanadise system). They will have copies — and go from common to rare to holo, platinum and then unique (only one #). Some users will have a lot of commons and some will hunt for ultra rares (uniques). In time, the number of NFTs will grow. But what if we make it more dynamic and allow our users to forge a rare NFT from 5 commons? Or a unique from 10 ultra rares? The number of NFTs will also reduce in time as they will be burned in the process. What happens if our users burn 900 copies out of 1000? Or maybe someone will burn 999 and create a Unique from something that was once common? The idea is to provide more value to low level NFTs, increase demand, and therefore provide more liquidity on the secondary market.
What is more, we’re going to create an NFT lottery. You’ll be allowed to buy NFT packs with our $FAN token. Limited merchandise. Pay for subscriptions and get higher chances to draw a rare. Tickets to the events available only to the $FAN coin hodlers. Gain access to tiers of content available for the $FAN community only. Team fights. Influencer popularity futures. Everything around the idea of a Fan Center.
Our basic subscription is just a ticket that opens the door for the completely new experience. No other platform will be necessary for the influencers to monetize their social presence — from merchandise to NFT, everything will be provided under one roof. You think influencers do not have that much to offer? Think again! Possibilities are endless and I will introduce you to the realm of exclusive content in the next article.
And all that will be tokenized, minted in NFT, secured on our platform and made available for the community. By the means of staking and utilities we want to reduce the number of $FANs being traded daily to increase the token price. $FAN will be a token widely used by our community but not dumped to the market. Cheap BSC will allow us to make real use of it.
This is our idea to make Fanadise a big success. We meticulously analyzed what’s working and what’s not working around the block and came up with the pros and cons of all possible features. We’re working hard to make this reality happen. What’s the timeline? The websites are already working. We start minting NFTs to your wallets in May. By the end of the month we’ll finish the designs of the abovementioned system and afterwards we’ll be coding them. First beta will be introduced in July and the fully working system in August or September.
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More updates are coming, so stay put. Please don’t forget about our pre-sale and public sales too. Here is an article about it: https://fanadise.medium.com/fanadise-may-2021-pre-sale-and-public-sale-information-ca1f803555a9
pre/public sale
those of you who haven’t done so yet, please subscribe to our public sale mailing list at https://fanadise.com/public-sale
Afterwards please remember fill out our sale form:
https://docs.google.com/forms/d/e/1FAIpQLSe9XaoPnAOLjPFgSA843e1JFoPFiXOsHnjF8B_eTAp9uXflkA/viewform
Also please perform the whitelisting process through our partner Blockpass:
https://verify-with.blockpass.org/?clientId=kyc_fanadise_test_0a660&serviceName=Whitelisting%20Fanadise&env=prod
If you have any more questions or just want to keep in touch with us, please join our official Telegram channel: Fanadise
Fanadise is a decentralized social media platform made to endure the rest of our century
Designed by the people behind many successful campaigns, brands and events, the creators of DDOB, Mr. Gugu, Aloha from Deer, successful Influencer Marketing companies, Creators of some of the largest social Media platforms and many more.
Fanadise is future-proof and adjustable to the ever changing world of social media, fame and entertainment.
Our model disrupts the status quo and allows the whole social space to grow beyond our present imagination.
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NFT - Fanadise Moments
All digital content produced by the creator is tied to NFTs. Each token has it's own ID from 1 to supply limit (n). Moments may be drawn from packs or be bought from the marketplace. Packs can be purchased via subscription (depending on lvl) and/or purchased from a drop.
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Marketplace
After we assign NFTs to every single piece of content, we move to phase II. You don't only collect your favourite moments - you can exchange, sell and buy them on your own using our own NFT marketplace developed in partnership with e-commerce company Lethe who have been working on the technology for 7 years. We will be competing with other solutions like Open Sea or Rarible. Only, we are going to do it better, faster and stronger.
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Timeline
With our roadmap we introduce not only the present road to extended functionalities, but also w broader vision of the world with decentralized ownership and new models of entertainment
2020 -The idea of Fanadise was born
We dreamed of giving content ownership back to creators
Help them monetize their on-line presence
Empower them against big corporations
1Q21 - The test version of the app was launched
We managed to team up with big names from the industry
Onboard first 10 big creators to join Fanadise
Started to plan our ICO
April - Fanadise 1.1 is released
Reach our first milestone of 15 influencers on Fanadise
Work on our NFT marketplace backed by Shopsy technology for token private sale and presale
May - We start our token sale
Listing on Pancakeswap
50 creators from 10 countries on Fanadise
Our team grows to 30 people
June - Fanadise 1.2
100 creators from 20 countries
Teamed up with international partners
3Q21 - NFT marketplace launch
Our team grows to 50 people
You can trade your NFT moments
200 creators from 30 countries
4Q21 - Fanadise 2.0 and app launch
500 creators
Mainstream media coverage
NFT revenue exceeds subscription revenue
2022 - 5000 creators by the end of the year
Crosschain integrations NFT
Staking with benefits and yields
Further product development
Our team
Bart Sibiga: Co-founder
Jakub Chmielniak: Co-founder
Stuart Burton: Co-founder
David Rakowski: Influencer marketing specialist
Myloslava Khomenko: NFT marketing specialist
Lucas Watroba: Chief Technology Officer
Adam Krupa: Senior PHP Developer
Malwina Wolakiewicz: UX/UI designer
Grant Blaisdell: Advisor
Meng Seong Foo: Project Manager
Son Ly: Country Manager
For more information please follow the link below:
Website: https://fanadise.com/
Twitter: https://twitter.com/fanadisenft
Facebook: https://www.facebook.com/fanadise/
Instagram: https://www.instagram.com/fanadisecom/
Reddit: https://www.reddit.com/r/Fanadise/
Telegram: https://t.me/joinchat/_MhqfOcNBEsyMzM8
Youtube: https://www.youtube.com/channel/UCKFhxQs9l5nKhmiZ3mr6uSg
Author:
Bitcointalk Username: Manuel Akanji
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2954998
Telegram Username: @Manuelakanji777
BEP-20 Address: 0x00F321558065b1c9dca5e6EcbeECE9B01F73D6E1
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mcknightharbo36-blog · 6 years ago
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Lisk Wallet
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Lisk (LSK) was produced as a platform to get creating decentralized applications throughout Javascript. The goal of the task is to produce a decentralized enhancement platform regarding software that is more sensible to developers and gives them all larger rewards regarding their projects, unlike typically the current centralized tools such as Google Play and the Apple App Store, the two which take the lion�s share of any kind of profits. Lisk has the personal currency that goes because of the ticker symbolic representation LSK and you will purchase them on a good number of exchanges. On the other hand, if you do this you�ll in addition need a new wallet to help store them throughout, mainly because it isn�t safe just to keep them in the particular exchange billfolds. With that will in mind I�ve developed the tutorial below to help the 7 most effective Lisk wallets for tightly stocking your LSK. Top rated 6 Lisk Wallet s Unlike quite a few of the smart written agreement bridal party in the room right now, Lisk can be definitely not an ERC20 common. They have not constructed their blockchain on best of Ethereum�s. Hence, they will demand the bespoke variety of wallets mainly because ERC20 compatibility just don't perform. We have compiled an index of the best Lisk wallets and handbags together with storage choices that will are at present on typically the market. Our criteria has been based on a range of variables including the particular user friendliness, community assist and of course often the security of the wallet. This is not necessarily an thorough list but if you want to always be using an additional wallet, make sure that it has broad local community help. They are shown in order of inclination. Ledger Nano S (Hardware Wallet) A hardware wallet is your best choice with regard to secure storage of LSK or any additional cryptocurrency for example. Until lately the Ledger did not really support LSK safe-keeping, nevertheless in Oct it additional support for Lisk and now it�s possible to retail store LSK in a Journal Nano S i9000. The Journal looks like some sort of UNIVERSAL SERIAL BUS flash drive, and throughout improvement to using that for Lisk you could in addition use it for even more than 800 other cryptocurrencies. The Ledger team proceeds adding support for even more coins all the time period, and chances are the favorite coin can be saved in the Journal. Journal Nano S Lisk Pocket book Get your Journal Piccolo S Today In supplement to using security and PIN codes with regard to safety measures, the Ledger as well exhibits transactions of a new little OLED screen, yet involves the user to real depress a button on the Ledger product in order to confirm any purchase. This kind of prevents hackers from remotely accessing your funds, merely because would be unable to be able to physical click the key and verify any purchase they might be wanting remotely. This Ledger is definitely also very easy in order to set-up, and yet as safe as possible. The main detraction is that it isn�t free, but thanks to a the latest price decrease you can easily get a Ledger Ridotto S for just $69. 99, which is some sort of tiny price to pay for safe-guarding your cryptocurrencies. Trezor Design One (Hardware Wallet) This Trezor is another seriously popular hardware wallet which is developed by a business inside Czech republic known as Satoshi labs. This is slightly more expensive than the journal wallet plus comes in at �69 + VAT. In get to use the Trezor budget for your Lisk, you will have to be able to put in the LiskishWallet which will is a new third-party budget with some sort of Trezor the use. Liskish Budget Trezor Often the LiskishWallet Person Interface. Picture Source: Trezor Like the particular Ledger Nano, typically the Trezor wallet will retailer your own personal private keys within an real world atmosphere and it is going to socialize with the LiskishWallet through the Usb-connection. Typically the Trezor is also a good multi currency wallet. You may store up to seven hundred diverse coins including all of the ERC20 compound. When the Trezor Model One should be ample for your purposes, generally there are some money the fact that that does not assist (Monero, Ripple and Cardano to name a few). If these are cash that you HODL together with would like to likewise store you may want to be able to consider the Trezor Model T. This is a little bit more costly than the Model One plus charges �149 + VALUE-ADDED TAX. Having said that, the Model Capital t offers a more end user helpful LCD color screen and that is bigger than the model one. Lisk Hub (Desktop Wallet) Lisk Hub is definitely called the most advanced Lisk wallet, and it was released when Lisk relaunched recently. It�s not just a good wallet. It�s an multiple solution to manage your current Lisk tokens and Lisk IDENTITY. In addition to help the basic sending and becoming fnction, the Lisk Heart can also be employed to vote for delegates. And it lets you track each of the Lisk activity, from the blockchain on its own to the Lisk Myspace feed. Lisk Hub Finances The Lisk Hub Personal computer Wallet. Image Source: Lisk Hub Future releases involving Lisk Link plan to incorporate a decentralized exchange, often the capability to launch the ICO, network in addition to market monitoring, and typically the ability to sign-up a new app. In addition, you are able to register yourself because the delegate, and anyone can stake together with create Lisk right in the pocket book. There�s really no need for any kind of other Lisk wallet if you have the Lisk Hub. Lisk Centre is available for the two House windows and Macintosh personal computer. Lisk Primary (Desktop Wallet) Lisk Primary is basically the full Lisk node, which will means you need to acquire and synchronize together with the whole Lisk blockchain. The Lisk Core has far more functionality as compared to just acting as a good wallet, and is ideal for developers that are looking to interact having the Lisk blockchain around the creation connected with decentralized applications. Besides easily stocking, sending and acquiring LSK, you can also forge and stake with Lisk Core and this provides you with complete access to API development kits. The Lisk Primary is only suggested for those with highly technical backgrounds, and is best for developers who desire to handle the Lisk blockchain. Lisk Commander (Command-Line Desktop Wallet) The Lisk Commander was once known as �Lisky� and is a method to have interaction with the Lisk blockchain in a demand line program. Basically the idea is Lisk Primary, but with a command brand interface. It allows an individual to communicate with local and remote Lisk nodes, as well as performing Lisk-related functions via its command word line toolset. Even even Lisk Hub Wallet than the Lisk Primary, this finances is meant for those which possess highly technical backgrounds. You ought to be familiar with command brand interfaces and language when you�re taking into consideration using Lisk Command. Lisk Mobile (Mobile Wallet) The mobile variant of the Lisk budget is so good there are 4. 9 out connected with 5 stars on Yahoo Play and even 4. 4 stars out of 5 on the Apple App-store. It is a good easy to be able to use cellular application the fact that gives you the power to store, send and acquire Lisk tokens easily. Lisk (LSK) was created as a good platform for generating decentralized purposes in Javascript. The goal of the particular project is to develop the decentralized development system for apps that will be more true to programmers and gives all of them greater rewards for their designs, as opposed to the current central tools such as Search engines Play plus the Apple App Store, both of which take the lion�s share of virtually any revenues. Lisk has its own foreign money that goes by the ticker symbol LSK plus you can purchase these people on a number of exchanges. Nevertheless , if anyone do this you�ll also need a wallet for you to store them all in, mainly because it isn�t protected to help just keep them in the trade wallets. Together with that in mind I�ve came up with the guide beneath to help the 8 best Lisk wallets to get tightly holding your LSK. Top a few Lisk Wallets As opposed to several of the smart commitment tokens in the living space at this time, Lisk is certainly not an ERC20 standard. Many people have definitely not created their own blockchain on top involving Ethereum�s. Consequently, they require a bespoke selection involving wallets because ERC20 abiliyy just will not perform. All of us have produced a collection of the top Lisk pouches and storage area options that are currently in the marketplace. All of our criteria was determined by a new number of factors which include the person friendliness, group support and naturally the safety measures of the wallet. This is not an radical list but if an individual are going to possibly be using an additional wallet, make sure that it offers extensive community support. They are classified by order connected with preference. Journal Nano S (Hardware Wallet) A good components wallet is your best selection for secure safe-keeping connected with LSK as well as any cryptocurrency for that matter. Until finally recently the Ledger would not support LSK hard drive, nevertheless in September that added in support for Lisk now it�s possible for you to store LSK in some sort of Ledger Ridotto S. The particular Ledger seems as if a new OBTAINABLE flash drive, and around addition to be able to using that for Lisk you can also make use of the idea for more when compared to how 900 other cryptocurrencies. This Ledger team continues including support for more gold coins all the time, together with chances are your favorite coin could be stored at the Ledger. Ledger Piccolo S Lisk Wallet Get hold of your Ledger Nano S Today In addition to be able to using encryption and PIN NUMBER codes with regard to security, this Ledger also displays orders of a modest OLED screen, but involves typically the user to physical depress control button on the Journal device to help affirm any transaction. This avoids cyber criminals from via network being able to view your funds, simply because they would always be unable to physical hit the button and verify any transaction they could be seeking remotely. This Ledger can also be very quick to set-up, and yet just as secure as possible. Their main detraction is of which it isn�t free, nonetheless thanks to a current value decrease you can get hold of a Journal Nano S i9000 for just $69. 99, which is a small price to pay intended for securing your cryptocurrencies. Trezor Model 1 (Hardware Wallet) The Trezor is a further really popular components pocket that is developed simply by a company in the Czech republic named Satoshi labratories. This is slightly more costly than the ledger finances and comes in on �69 + VAT. Inside order to use the Trezor wallet for your own Lisk, you must install the LiskishWallet the industry third-party budget with a Trezor whole body. Liskish Wallet Trezor This LiskishWallet User Interface. Picture Source: Trezor Like the Ledger Nano, the Trezor budget will store the individual keys in a good off the internet environment and it can interact with the particular LiskishWallet over the USB network. The Trezor is also a numerous forex wallet. You are ready to store up to seven hundred different coins which includes the many ERC20 complex. Although the Trezor Model A person should be adequate regarding your purposes, there are some gold and silver coins that it does not necessarily help (Monero, Ripple and Cardano to be able to name some sort of few). In the event these are coins that you HODL and might like to also shop you may want to think of the Trezor Model To. This is slightly more pricey than the Model A person and costs �149 and up. VAT. However, the Kind T has a new more user friendly LCD color screen that is bigger than the type one. Lisk Hub (Desktop Wallet) Lisk Hub can be called advanced Lisk budget, and that was published when Lisk relaunched lately. It�s not just a wallet. It�s an all-in-one solution to manage your Lisk tokens and Lisk IDENTITY. In addition to often the basic sending and becoming fnction, the Lisk Heart can easily also be used to vote for delegates. And it lets you monitor the many Lisk activity, through the blockchain itself in order to the Lisk Twits supply. Lisk Hub Pocket The Lisk Hub Computer Finances. Image Source: Lisk Center Future releases involving Lisk Hub plan to include a decentralized exchange, the power to establish an ICO, network and even market checking, and the ability to ledger a good new application. Within add-on, you can sign up yourself as a use outsourcing for, and you will stake and go Lisk right within the wallet. There�s really little or no need for any other Lisk wallet if you currently have the Lisk Hub. Lisk Hub is offered for both equally Microsoft windows together with Mac. Lisk Core (Desktop Wallet) Lisk Core is in reality a full Lisk node, so that you need to download and harmonize with the entire Lisk blockchain. The Lisk Core has far more functionality in comparison with just working as the pocket, and is perfect for developers who are looking to interact with the Lisk blockchain in the creation involving decentralized apps. Besides simply storing, delivering and receiving LSK, you can also forge and stake with Lisk Core and it gives you finish admittance to API development equipments. The Lisk Core is actually advised for those using extremely technical backgrounds, and is ideal for developers who else want to handle the particular Lisk blockchain. Lisk Arranger (Command-Line Desktop Wallet) Often the Lisk Commander was once regarded as �Lisky� and is a way to interact with the particular Lisk blockchain in some sort of command series interface. Fundamentally it is Lisk Central, but with a control line interface. It permits you to communicate together with local in addition to remote Lisk nodes, in addition to performing Lisk-related functions via its control line toolset. Even extra so than the Lisk Key, this wallet is usually meant for those who have really technical backgrounds. You need to be familiar with command line terme plus terminology if you�re taking into consideration using Lisk Command. Lisk Mobile (Mobile Wallet) Often the mobile version of the Lisk wallet is thus good it includes 4. being unfaithful out of five stars on Google Play and even 4. 3 stars out of 5 on the Apple App-store. It is a easy to use mobile application that gives you the power to store, send and get Lisk tokens very easily. While it does not yet have the state-of-the-art delegate features implemented from the Lisk Hub desktop finances, that functionality is planned for future releases. It is also planned to add FaceID and TouchID for added in security inside upcoming versions. Lisk Document Wallet This is certainly a great unofficial paper pocket, but can be still a great means to fix storing your LSK when security is of top significance, and if anyone aren�t planning on utilizing your LSK any time shortly. One problem is that you simply cannot stake and create your current LSK if you possess that stored in this specific paper pocket, which could be a major downside for users that are planning on gaining more LSK by simply staking their current LSK atelier. Because this can be the unofficial version it�s advised to download the particular source computer code and wide open index. code on a good personal computer that isn�t related to the internet to help generate your wallet. As soon as you have carried out that and have your seedling words, you can spot them in the safe spot for longer name cool storage. Conclusion Lisk wallets and handbags have made major step-size in the second 50 percent of 2018. The inclusion of Journal hardware budget support, some sort of mobile finances, and the substantial functionality of the Lisk Link wallet gives users good choices for storing his or her Lisk tokens. You may possibly observe that I haven�t mentioned this Lisk Nano budget, which is the light budget which was used for saving LSK. Even though that finances does really exist currently, this Lisk progress team is stopping help for Lisk Nano on January one, 2019. The Lisk work is a robust a person, and holding LSK bridal party could be a wise transfer, especially since an individual can pole and make with Lisk and help to make further tokens. And therefore can make having a solid pocket for storing LSK more importantly. Places to Buy LSK: Binance Bittrex Huobi HitBTC Poloniex
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kristikinzel12 · 2 years ago
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ABC Network- New Blockchain Project You Should Lookout!
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We are in the midst of a period of revolution, which seems exciting as well as terminally hard to cope with. Meanwhile, when technology still remains a relatively evolving concept, there are countless fascinating efforts getting planned and executed. Many projects and protocols are readily getting involved with metaverse to match the pace in order to offer opportunities that could drastically impact the way you live.
Hence, the terminologies like Web 3.0, cryptocurrency, and the metaverse are now most of us getting worked with. In future, the sectors like entertainment, education, finance, gaming, employment, retail, etc where the metaverse and crypto when merged will do miracles in determining the future of digital frontiers. So, let us turn the bandwagon moving into the world of virtual reality and invest on better future.
Since, the blockchain and metaverse has started causing a stir in the technical world, we can see a slew of crypto initiatives vying for attention with a prominent potential to derive the growth of the overall industry. As a result, we can opt to various blockchain projects available in the market and new ones that are constantly creating stories.
One such grand name entry — Ace blockchain which recently proved to be a new yet a promising POA-based blockchain project that will give you hope of better future and maximum profits. This platform respects the interest and consider the talent of developers, user, and investors alike to get their hands on potential platform.
ABC Network
ABC Network is a unique POA-blockchain platform that showcase multifaceted use case particularly built on a decentralized approach. The team explains its principal vision to offer common users a ton of alternatives using this platform that will keep them entertained and present their talent on portal. It is not restricted to any domain or sector, in fact, helps people of all niches in terms of entertainment to use the accessibility through cutting-edge technology.
So, now it is your time to start building on Ace Blockchain while using Solidity and majority other types of tools that is not new to any user now. You already know about the working like Remix, Truffle, and MetaMask, hence you can use Ace Blockchain which gives you the EVM support to help you deploy your DApps similar that happens on Ethereum. You only need to access the documentation and further connect with the portal developer community.
1. EVM-compatible
This platform is entirely compatible with Ethereum; hence the team will assist you feasibly deploy many sets of DApps at a fraction of the free cost and easily you can experiment with its high performance.
2. Oracles integrations
The project has incorporated industry-leader oracle providers Chain-link and Band Protocol in order to offer user maximum flexibility exploring price feeds.
3. Open source
The platform blockchain code is open-source meaning, anyone user at any time can read it, explore the progress, place a comment, and help the team build a growing ecosystem.
4. Robust APIs
User using this portfolio can use the Graph’s subgraphs and blockchain robust Web3JS APIs to introduce wallets, explorers, or other types of data analysis tools.
Why Ace Blockchain?
There are ample reasons to choose Ace Blockchain, one main factor is that it delivers impeccable security, unparalleled speed, and much greater reliability. So, any community member, user and applicant can enjoy almost instant transactions by applying the extremely low fees.
Moreover, it works on Decentralized Governance where members can freely set smart contracts in terms of decision-making and potential development in decentralized fashion, in return you get rewarded too. Using Ace blockchain will help you attain high volume transactions per second by implementing layer 1 | layer 2 solutions worth 900tps on chain
This application is built on Proof of Authority [POA] to host comparatively fast transactions through Layer2 consensus mechanism which promises to consume less energy and provide high-end speed.
While watching the prospects, you will realize that Ace Blockchain Ecosystem is growing and transforming reliably with thousands of active daily users. The project already houses majority online communities where anyone has right to interact with the ABCN team, developers, or any community members.
You can stake on ABCN assets to earn rewards and help secure the network. Now, it is possible for you to pick your staking preference with a golden window to start earning only after a few clicks. As a user to Ace blockchain use your staked funds as collateral on DeFi protocols and applications to make ample set of money.
This is not limited to you as a user, being a long-term investor or developer, you can enjoy multiple benefits by implementing your ideas and interest on Ace blockchain. So, keep a close eye on our next release to never miss a chance grabbing the best deals on $ABCN assets.
Website: https://abcn.io/
Telegram: https://t.me/abcnetworkchat
Twitter: https://twitter.com/ABCNnetwork
Medium: https://medium.com/@abcnnetwork
Discord: https://discord.com/invite/BG4TGhcb8A
Reddit: https://www.reddit.com/user/ABCNnetwork
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poojanegi99945 · 10 months ago
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Essential Features for Developing a Profitable Flash Loan Arbitrage Bot
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The cryptocurrency space is evolving rapidly, with Decentralized Finance (DeFi) innovations at its core. Among these innovations, flash loan arbitrage bots have become a go-to strategy for traders looking to profit without holding assets. If you’re considering Flash Loan Arbitrage Bot Development, this blog will guide you through the essential features you need to create a profitable bot.
What Is a Flash Loan Arbitrage Bot?
A flash loan arbitrage bot is an automated tool created to seize flash loan arbitrage opportunities. Flash loans are unsecured loans that are borrowed and repaid within the same blockchain transaction. Arbitrage takes advantage of price differences across multiple platforms or exchanges, enabling traders to earn profits from these discrepancies without the need to own the underlying asset.
Key Features to Include in Flash Loan Arbitrage Bot Development
1. Automated Flash Loan Execution
One of the primary features of a flash loan arbitrage bot is the ability to automatically execute flash loans on DeFi protocols like Aave, dYdX, or Uniswap. The bot should seamlessly integrate with these platforms, enabling it to borrow and repay within the same transaction.
- Why it matters: Without automation, it would be impossible to take advantage of the instantaneous nature of flash loans.
2. Cross-Exchange Price Monitoring
To succeed in arbitrage, the bot must be capable of tracking price discrepancies across various decentralized exchanges (DEXs). This requires monitoring real-time data feeds and APIs from platforms such as Uniswap, PancakeSwap, and SushiSwap.
- Why it matters: Real-time price monitoring is critical for identifying profitable arbitrage opportunities. A delay of even a second can result in missed opportunities or losses.
3. Smart Contract Integration
For the flash loan arbitrage bot to operate efficiently, it needs to be built on top of smart contracts. These contracts manage the borrowing and repayment of flash loans, as well as the trading operations across multiple exchanges.
- Why it matters: Smart contracts ensure that the flash loan is executed within a single transaction. If the transaction fails, it is rolled back, preventing any losses.
4. Risk Management Protocols
No arbitrage strategy is without risks. Slippage, gas fees, and sudden market fluctuations can all reduce or eliminate profits. Incorporating risk management protocols such as maximum slippage limits or stop-loss mechanisms is essential for safeguarding your funds.
- Why it matters: Effective risk management protects against losses, ensuring that only profitable trades are executed.
5. Gas Optimization Techniques
The profitability of a flash loan arbitrage bot is often impacted by gas fees, especially on networks like Ethereum. Implementing gas optimization techniques, such as bundling multiple trades into a single transaction or choosing cheaper time slots, can significantly improve your bot’s profitability.
- Why it matters: High gas fees can erode arbitrage profits, making it crucial to minimize transaction costs.
6. Security Protocols
Since flash loan arbitrage involves high-value, instantaneous transactions, security is of paramount importance. Your bot should be thoroughly tested for vulnerabilities, ensuring it is resistant to exploits, reentrancy attacks, and other common DeFi threats.
- Why it matters: DeFi protocols are often targets of hackers. A bot with weak security measures could lead to significant financial losses.
7. Profitability Calculator
Before executing any arbitrage, the bot should calculate potential profits, considering factors like price differences, gas fees, and slippage. If the trade isn’t profitable, the bot should automatically abort the transaction.
- Why it matters: A profitability calculator ensures that the bot only engages in trades that are likely to generate profits, preventing loss-making trades.
8. Multi-Chain Compatibility
As DeFi expands across multiple blockchain ecosystems like Ethereum, Binance Smart Chain, and Polygon, your flash loan arbitrage bot should be designed to operate on multiple chains. This will enable you to tap into a wider range of arbitrage opportunities.
- Why it matters: Cross-chain functionality expands the range of possible arbitrage opportunities and enhances the bot's profitability.
9. Real-Time Notifications
To keep users informed, the bot should have the ability to send real-time notifications of successful trades, profits, and any errors encountered during execution. This can be done via email, SMS, or even a dedicated dashboard.
- Why it matters: Real-time notifications allow you to track the bot’s performance without having to monitor it constantly.
10. Continuous Learning and Adaptation
Crypto markets are highly dynamic, with arbitrage opportunities appearing and disappearing rapidly. Implementing machine learning algorithms that enable your bot to learn from past trades and adjust its strategy accordingly can give you an edge.
- Why it matters: Continuous learning helps the bot adapt to changing market conditions, improving its long-term profitability.
How to Get Started with Flash Loan Arbitrage Bot Development
If you're looking to get started with Flash Loan Arbitrage Bot Development, you’ll need a combination of skills in blockchain, smart contract programming, and market analysis. The following steps will help you build your bot:
1. Choose a DeFi Protocol: Select a platform like Aave or dYdX that supports flash loans.
2. Build Smart Contracts: Develop the core functionality of borrowing, trading, and repaying within a single transaction.
3. Integrate with Exchanges: Connect the bot to multiple decentralized exchanges for cross-market price analysis.
4. Optimize Gas Fees: Use gas optimization strategies to minimize transaction costs.
5. Test and Deploy: Test your bot for security vulnerabilities and performance issues before deploying it in a live environment.
Conclusion
Developing a profitable Flash loan arbitrage bot demands a blend of technical skills and market insight. By integrating key features such as automated execution, cross-exchange price tracking, smart contract implementation, and effective risk management, you can create a bot that consistently delivers profits. With the ongoing expansion of the DeFi ecosystem, Flash Loan Arbitrage Bot Development will continue to be a promising opportunity for both developers and traders.
Stay ahead of the curve by integrating these essential features, and watch your flash loan arbitrage bot thrive in the fast-paced crypto trading landscape.
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jorasingh · 1 year ago
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Empowering Crypto Ventures with CoinHubMarket
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In the fast-paced world of cryptocurrencies, the right tools and platforms can spell the difference between success and obscurity. CoinHubMarket stands as a pivotal resource for anyone in the cryptocurrency industry, offering a suite of features designed to enhance project visibility, grow crypto portfolios, and provide up-to-date price information by market cap. This article delves into the strategic advantages of using CoinHubMarket.
Grow Your Crypto Project on CoinHubMarket
One of the foremost benefits of listing your crypto project on CoinHubMarket is the monumental increase in visibility. As a widely trusted resource frequented by millions, CoinHubMarket offers a platform for your project to reach an expansive audience, including potential investors, developers, and crypto enthusiasts.
Each project listed on CoinHubMarket has its dedicated page, showcasing essential details such as mission, technological infrastructure, and future plans. This serves as a valuable gateway for attracting investors and collaborators interested in your project’s unique offering.
Moreover, CoinHubMarket provides a powerful API that developers can integrate into their applications, offering real-time data feeds. This not only enhances transparency but also bolsters trust in your decentralized applications. Leveraging these tools can significantly contribute to the long-term growth and development of your project.
Expand Your Cryptocurrency Portfolio with CoinHubMarket
CoinHubMarket is more than just a listing site; it is a comprehensive resource for investors looking to expand their cryptocurrency portfolios. The platform offers a plethora of market data, including price charts, trading volumes, and historical records. These insights empower investors to make well-informed decisions, optimizing their portfolios for better returns.
In addition to market data, CoinHubMarket curates news articles and analysis, offering insights into regulatory changes, technological advancements, and market movements. This information is invaluable for crafting informed investment strategies and maximizing returns.
For those new to cryptocurrency or those looking to diversify, CoinHubMarket’s ‘Watchlist’ feature provides an efficient way to monitor specific coins and tokens. This tool aids in conducting thorough due diligence and managing risk before making investment decisions.
Stay Informed with Today’s Cryptocurrency Prices by Market Cap
Staying updated with today’s cryptocurrency prices by market cap is essential for anyone involved in the crypto space. CoinHubMarket offers real-time updates on the market capitalization of a wide range of cryptocurrencies, including major players like Bitcoin and Ethereum.
The platform's user-friendly interface allows users to filter and sort cryptocurrencies based on various parameters such as market cap, 24-hour trading volume, and circulating supply. These customizable options make it easier to focus on metrics that are most relevant to your needs.
Additionally, CoinHubMarket’s 'Top Gainers' and 'Top Losers' sections provide additional insights, helping you to identify emerging trends and avoid potential pitfalls. This comprehensive overview of the market ensures you are always well-informed, enabling you to make effective and timely decisions.
Conclusion
CoinHubMarket serves as an indispensable tool for anyone involved in the cryptocurrency sector, offering a wealth of features to grow projects, expand crypto portfolios, and stay updated on today’s cryptocurrency prices by market cap. Whether you are a developer looking for visibility, an investor seeking insightful data, or a newcomer to the crypto world, CoinHubMarket provides the necessary resources to succeed. Use its extensive features to confidently navigate the intricate landscape of digital currencies.
Each of these articles provides a comprehensive look at how CoinHubMarket can serve different needs within the cryptocurrency ecosystem, packaged in a professional tone suitable for various audiences.
Source Read More: https://blogingrace.com/
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thenewsart · 2 years ago
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Chainlink debuts price feed oracles on Polygon zkEVM
Decentralized oracle network Chainlink has launched its data feeds on Polygon’s zero-knowledge scaling solution compatible with the Ethereum Virtual Machine. In a press release shared with crypto.news, Chainlink said the expansion now allows blockchain developers to build decentralized applications on Polygon’s zkEVM in a new way, resistant to API downtime and flash loan attacks. Polygon Labs…
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BEST CRYPTOCURRENCY TO INVEST IN 2022
September 09, 2022
BEST CRYPTOCURRENCY TO INVEST IN 2022
Cryptocurrency has become a very popular investment option. This is because cryptocurrency provides a great way to invest in the future of money and technology. Cryptocurrency is different from other investments because its value fluctuates based on supply and demand, which makes it difficult to predict. However, there are many factors that lead to the price increase or decrease of cryptocurrencies. So what are some cryptos that will be worth investing your money in 2022?
Best cryptocurrency
Cardano (ADA)
Cardano is a smart contract platform that aims to build a blockchain that will run financial applications used by individuals, organizations and governments. It's the first blockchain to use a scientific philosophy to develop its technology.
Cardano was founded in 2015 by Charles Hoskinson (formerly of Ethereum), who left after disagreements with Ethereum founder Vitalik Buterin over governance issues involving the community and development roadmap. The company has since been led by CEO IOHK's O'Sullivan and former CTO Aggelos Kiayias along with other members of the Cardano team including co-founders Trevor Koverko (former COO) and Jonathan Jameson (CTO).
Chainlink (LINK)
Chainlink (LINK) is an Ethereum-based blockchain middleware that allows smart contracts on various networks to connect with the key off-chain resources like data feeds, web APIs, and traditional bank account payments. It is a decentralized oracle network.
Chainlink provides a layer of abstraction between your application and any other system you want it to interact with, such as a smart contract running on Ethereum or another blockchain.
Polygon (MATIC)
Polygon is a decentralized ecosystem for the gaming industry. It is a blockchain based platform that allows gamers to buy and sell games, earn money by playing them and buy games with the Polygon token. The company has partnered with several game developers, who will be able to use this service on their projects.
The main goal of Polygon is to create an ecosystem for gamers where they can find all kinds of content about their favorite games or even discover new ones that are available in other markets around the world (similarly as what Steam does).
Polkadot (DOT)
Polkadot is a network of blockchains. It's a multi-chain technology, which means that it allows the creation of sidechains and allows these chains to communicate with each other.
Polkadot's goal is to build an interoperable decentralized internet where every transaction on one chain can be completed without affecting another chain.
Ethereum (ETH)
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference. This allows for a truly trustless and censorship resistant environment.
Ethereum was developed by Vitalik Buterin and launched using a crowdsale in 2014. Since then it has grown into one of the most popular cryptocurrencies around with nearly 80% market share across all exchanges according to Coinmarketcap data released earlier this year at the peak of its value ($1,609).
Binance Coin (BNB)
Binance Coin (BNB) is a cryptocurrency that can be used to pay for trading fees on its exchange. It's also used as a base currency on the Binance platform, which makes it one of the most popular cryptocurrencies in the market today.
BNB is a deflationary currency, meaning that there will be fewer coins issued over time compared to other currencies like Bitcoin or Ethereum. This means you should expect to see your investment grow faster than others when held long-term because there won't be so much demand for buying new coins from investors who have already purchased some during their initial purchase phase (when it was still cheap).
Bitcoin(BTC)
Bitcoin is the best cryptocurrency to invest in 2022.
Bitcoin is a digital currency and decentralized currency that was created by an unknown computer whiz in 2009. The first cryptocurrency, bitcoin was created by Satoshi Nakamoto, who used it to send messages on forums, but now it's more commonly associated with sending money over the Internet. With its roots firmly planted in cryptography and mathematics, bitcoin has become one of the most popular cryptocurrencies available today—so popular that many people use it as their primary means of payment online or offline (think Venmo). It's also highly valued by investors because of its limited supply: only 21 million bitcoins will ever exist!
bitcoin is the best cryptocurrency
Bitcoin is the best cryptocurrency. It's also the most popular, valuable, and has the highest market cap.
Bitcoin has more than double the hashrate per dollar spent than any other currency in existence (Blockchain). The total hashrate of all cryptocurrencies combined is less than half that of bitcoin alone!
Conclusion
We’ve covered a lot of ground in these five cryptocurrency picks. We hope that we’ve given you an unbiased look at the pros and cons of each coin, as well as their potential for growth if you choose to invest in them. But most importantly, we want to remind you that this is just one perspective on the world of crypto: there are many more coins out there with different values and uses, which means there isn’t just one right answer when it comes time to make your own decisions about what type of investment will work best for your portfolio
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