#Layer2 blockchain ecosystem
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Total Addresses Surge with Optimism, While Base Dominates NFT Minting
January 2024 proved to be a pivotal month for the Layer2 blockchain ecosystem, witnessing remarkable shifts and growth among key players. Optimism emerged as the frontrunner with the highest total addresses, solidifying its enduring dominance and the unwavering trust users place in the platform. This article delves into Optimism's milestone, highlighting its role in shaping the evolving Layer2 landscape and meeting user demands for scalability and efficiency.
The battle for transaction supremacy took center stage, with opBNB surpassing Arbitrum in total transactions, signaling a paradigm shift in user preferences and the utility of alternative platforms. OpBNB's ascent, processing over 4.3 million transactions daily, underlines its growing influence, robust infrastructure, and engaged user base. The emphasis on daily transaction processing speed (TPS) underscores the efficiency and scalability of Layer2 networks, with opBNB, zkSync, and Arbitrum leading the charge in this critical metric.
Total value locked (TVL) remains a crucial indicator of the financial health of Layer2 solutions, and familiar names like Arbitrum, Blast, and Optimism continue to lead. However, the rise of MantaPacific to the fourth position, boasting over $461 million in TVL, showcases the success of its mainnet launch and innovative offerings, adding a dynamic touch to the Layer2 space.
A closer look at TVL by category reveals the diversification of investments within each platform. While Arbitrum maintains stability across main sectors, Optimism experiences a slight decline in TVL across various sectors, signaling a shifting landscape. Yet, key protocols like Velodrome V2 for DEXs and AAVE V3 for lending continue to drive strength within the Optimism ecosystem.
In the NFT space, Base takes the lead in new NFTs minted, pointing to a rising interest in digital collectibles and art within Layer2 platforms. The notable 78% increase in new NFTs compared to the previous month underscores the vibrancy and investment potential in this evolving sector.
In summary, January 2024 unfolds as a dynamic chapter for the Layer2 sector, with Optimism, opBNB, and MantaPacific making significant strides. Their achievements in addresses, transactions, and TVL delineate their territories in the ever-evolving landscape, setting the stage for continued innovation and growth in the months ahead.
#OpBNB#Layer2 blockchain ecosystem#Total value locked (TVL)#Layer2 networks#zkSync#Arbitrum#NFT#Cryptotale
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Unveiling: The CIFDAQ Crypto Almanac 2024!
The ultimate guide to navigating the ever-evolving world of crypto! From Bitcoin’s rise as a strategic reserve to Ethereum’s breakthroughs in scalability and the tokenization of real-world assets — discover the trends, insights, and forecasts shaping the digital economy in 2024.
Packed with expert analysis covering the entire ecosystem, this is your roadmap to unlocking opportunities in the blockchain revolution. Whether you're an investor, innovator, or enthusiast, this Almanac is your edge for the year ahead! Himanshu Maradiya Rahul Maradiya Jay Hao Ankur Garg Sheetal Maradiya Anil Vasu Muthuswamy Iyer Shipra Anand Mishra
Folks thesis, research reports and interviews, helped us immensely to build this report. We are tagging them as a token of thanks. James Butterfill Zach Pandl Matthew Hougan Dominic Weibel Mikko Ohtamaa Matthew Sigel, recovering CFA Lauren Goodwin, CFA and Donald Trump Jr.
News Channels : CNBC Cointelegraph CoinGecko CoinMarketCap CryptoPanic Cryptopolitan Decrypt Block Mining, Inc.
Projects mentioned in the report : Dogecoin DOGECOIN Shiba Inu Fetch.ai Render Mantle ZKsync Foundation ZKsync Central Bank Digital Currencies
Companies Mentioned: Apple Microsoft Microsoft AI Amazon Netflix Google Meta #Blochain #CIFDAQ #Web3 #ETFs #Faang #AnnualReportCrypto #DePIN #DeSic #Trump #Layer1 #Layer2 #BlackRock #BankOfAmerica #Fidielity #HSBC #MasterCard #MorganStanely #Paypal #UBS #Visa #JPMorganChase #DeutscheBank #CIFDAQ #CitiBank #CitiBankReports
www.cifdaq.com/
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Unveiling: The CIFDAQ Crypto Almanac 2024 BY CIFDAQ
The ultimate guide to navigating the ever-evolving world of crypto! From Bitcoin’s rise as a strategic reserve to Ethereum’s breakthroughs in scalability and the tokenization of real-world assets — discover the trends, insights, and forecasts shaping the digital economy in 2024.
Packed with expert analysis covering the entire ecosystem, this is your roadmap to unlocking opportunities in the blockchain revolution. Whether you're an investor, innovator, or enthusiast, this Almanac is your edge for the year ahead!
Himanshu MaradiyaRahul MaradiyaJay HaoAnkur GargSheetal MaradiyaAnil VasuMuthuswamy IyerShipra Anand Mishra
Folks thesis, research reports and interviews, helped us immensely to build this report. We are tagging them as a token of thanks. James ButterfillZach PandlMatthew HouganDominic WeibelMikko OhtamaaMatthew Sigel, recovering CFALauren Goodwin, CFA and Donald Trump Jr.
News Channels : CNBCCointelegraphCoinGeckoCoinMarketCapCryptoPanicCryptopolitanDecryptBlock Mining, Inc.
Projects mentioned in the report : DogecoinDOGECOINShiba InuFetch.aiRenderMantleZKsync FoundationZKsyncCentral Bank Digital Currencies
Companies Mentioned: AppleMicrosoftMicrosoft AIAmazonNetflixGoogleMeta
Blochain#CIFDAQ#Web3#ETFs#Faang#AnnualReportCrypto#DePIN#DeSic#Trump#Layer1#Layer2#BlackRock#BankOfAmerica#Fidielity#HSBC#MasterCard#MorganStanely#Paypal#UBS#Visa#JPMorganChase#DeutscheBank#CIFDAQ#CitiBank#CitiBankReports https://www.linkedin.com/posts/cifdaq_thecifdaqcryptoalmanac20224-activity-7278330568486899712-Yh19?utm_source=share&utm_medium=member_desktop www.cifdaq.com
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Unveiling: The CIFDAQ Crypto Almanac 2024!
The ultimate guide to navigating the ever-evolving world of crypto! From Bitcoin’s rise as a strategic reserve to Ethereum’s breakthroughs in scalability and the tokenization of real-world assets — discover the trends, insights, and forecasts shaping the digital economy in 2024.
Packed with expert analysis covering the entire ecosystem, this is your roadmap to unlocking opportunities in the blockchain revolution. Whether you're an investor, innovator, or enthusiast, this Almanac is your edge for the year ahead!
Himanshu Maradiya Rahul Maradiya Jay Hao Ankur Garg Sheetal Maradiya Anil Vasu Muthuswamy Iyer Shipra Anand Mishra
Folks thesis, research reports and interviews, helped us immensely to build this report. We are tagging them as a token of thanks. James Butterfill Zach Pandl Matthew Hougan Dominic Weibel Mikko Ohtamaa Matthew Sigel, recovering CFA Lauren Goodwin, CFA and Donald Trump Jr.
News Channels: CNBC Cointelegraph CoinGecko CoinMarketCap CryptoPanic Cryptopolitan Decrypt Block Mining, Inc.
Projects mentioned in the report : Dogecoin DOGECOIN Shiba Inu Fetch.ai Render Mantle ZKsync Foundation ZKsync Central Bank Digital Currencies Companies Mentioned: Apple Microsoft Microsoft AI Amazon Netflix Google Meta
Blochain#CIFDAQ #Web3 #ETFs #Faang #AnnualReportCrypto #DePIN #DeSic #Trump #Layer1 #Layer2 #BlackRock #BankOfAmerica #Fidielity #HSBC #MasterCard #MorganStanely #Paypal #UBS #Visa #JPMorganChase #DeutscheBank #CIFDAQ #CitiBank#CitiBankReports
CIFDAQ#BITCOIN#CRYPTOINVESTING#BLOCKCHAIN#WEB3COMMUNITY
www.cifdaq.com
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Unveiling: The CIFDAQ Crypto Almanac 2024!
The ultimate guide to navigating the ever-evolving world of crypto! From Bitcoin’s rise as a strategic reserve to Ethereum’s breakthroughs in scalability and the tokenization of real-world assets — discover the trends, insights, and forecasts shaping the digital economy in 2024.
Packed with expert analysis covering the entire ecosystem, this is your roadmap to unlocking opportunities in the blockchain revolution. Whether you're an investor, innovator, or enthusiast, this Almanac is your edge for the year ahead!
Himanshu Maradiya Rahul Maradiya Jay Hao Ankur Garg Sheetal Maradiya Anil Vasu Muthuswamy Iyer Shipra Anand Mishra
Folks thesis, research reports and interviews, helped us immensely to build this report. We are tagging them as a token of thanks. James Butterfill Zach Pandl Matthew Hougan Dominic Weibel Mikko Ohtamaa Matthew Sigel, recovering CFA Lauren Goodwin, CFA and Donald Trump Jr.
News Channels : CNBC Cointelegraph CoinGecko CoinMarketCap CryptoPanic Cryptopolitan Decrypt Block Mining, Inc.
Projects mentioned in the report : Dogecoin DOGECOIN Shiba Inu Fetch.ai Render Mantle ZKsync Foundation ZKsync Central Bank Digital Currencies Companies Mentioned: Apple Microsoft Microsoft AI Amazon Netflix Google Meta
Blochain#CIFDAQ #Web3 #ETFs #Faang #AnnualReportCrypto #DePIN #DeSic #Trump #Layer1 #Layer2 #BlackRock #BankOfAmerica #Fidielity #HSBC #MasterCard #MorganStanely #Paypal #UBS #Visa #JPMorganChase #DeutscheBank #CIFDAQ #CitiBank#CitiBankReports
CIFDAQ#BITCOIN#CRYPTOINVESTING#BLOCKCHAIN#WEB3COMMUNITY
www.cifdaq.com
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Unveiling: The CIFDAQ Crypto Almanac 2024! The ultimate guide to navigating the ever-evolving world of crypto! From Bitcoin’s rise as a strategic reserve to Ethereum’s breakthroughs in scalability and the tokenization of real-world assets — discover the trends, insights, and forecasts shaping the digital economy in 2024. Packed with expert analysis covering the entire ecosystem, this is your roadmap to unlocking opportunities in the blockchain revolution. Whether you're an investor, innovator, or enthusiast, this Almanac is your edge for the year ahead! Himanshu Maradiya Rahul Maradiya Jay Hao Ankur Garg Sheetal Maradiya Anil Vasu Muthuswamy Iyer Shipra Anand Mishra Folks thesis, research reports and interviews, helped us immensely to build this report. We are tagging them as a token of thanks. James Butterfill Zach Pandl Matthew Hougan Dominic Weibel Mikko Ohtamaa Matthew Sigel, recovering CFA Lauren Goodwin, CFA and Donald Trump Jr. News Channels : CNBC Cointelegraph CoinGecko CoinMarketCap CryptoPanic Cryptopolitan Decrypt Block Mining, Inc. Projects mentioned in the report : Dogecoin DOGECOIN Shiba Inu Fetch.ai Render Mantle ZKsync Foundation ZKsync Central Bank Digital Currencies Companies Mentioned: Apple Microsoft Microsoft AI Amazon Netflix Google Meta
#Blochain #CIFDAQ #Web3 #ETFs #Faang #AnnualReportCrypto #DePIN #DeSic #Trump #Layer1 #Layer2 #BlackRock #BankOfAmerica #Fidielity #HSBC #MasterCard #MorganStanely #Paypal #UBS #Visa #JPMorganChase #DeutscheBank #CIFDAQ #CitiBank #CitiBankReports
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Discover BTCz: Zest Protocol’s Innovative Yield Earning Solution for Bitcoin Holders
Key Points
Zest Protocol, supported by Binance Labs and Tim Draper, introduces BTCz to allow Bitcoin holders to earn rewards.
BTCz users can stake their Bitcoin on Babylon Protocol to earn yield.
Zest Protocol, a rapidly growing decentralized protocol backed by significant investors like Binance Labs and Tim Draper, is broadening its offerings with the introduction of BTCz. This new digital asset is designed to provide Bitcoin holders with an opportunity to stake their Bitcoin and earn rewards.
The protocol announced on Thursday that users can generate yields on their Bitcoin holdings by staking the cryptocurrency on Babylon Protocol. This blockchain network is engineered to ensure that users maintain control of their assets while earning a yield.
Bitcoin’s Secure Yield Bearing Token
Babylon entered the crypto market on August 22 and has already achieved a milestone of 1,000 BTC stacked on the platform. The platform uses the unique security features of a Bitcoin layer2 network called Stacks to protect users’ assets. Babylon, through Stacks L2, verifies every staked BTC directly on the Bitcoin blockchain, eliminating reliance on external data sources or oracles.
Zest anticipates that the launch of the BTCz token will attract more users swiftly. The decentralized network noted that while there are over ten digital assets with similar functionality to BTCz, what sets the token apart is the integration of Stacks. This digital asset is designed to leverage the innovative features of Stack to provide its holders with enhanced security.
Zest asserts that its use of Babylon and the security of Stacks positions BTCz as one of the most secure yield-bearing Bitcoin assets in the DeFi ecosystem.
Stacks’ sBTC’s Yield-bearing Counterpart
Zest is dedicated to making decentralized finance more accessible to everyday Bitcoin holders, enabling them to earn rewards without surrendering their assets to third parties or intermediaries like other custodial platforms. In traditional setups, users must relinquish control of their Bitcoin to an exchange or service provider, exposing them to hacking or mismanagement risks.
Zest also revealed that its BTCz will be a yield-bearing counterpart to Stacks’ sBTC token, set to be launched later this year. The protocol’s founder, Tycho Onnasch, believes that by combining BTCz with the forthcoming sBTC, the platform will offer one of the most comprehensive solutions for Bitcoin holders seeking yield.
The platform also stated that BTCz will gradually decentralize, reducing its dependence on any authority or central entity for control. The token will adopt the decentralized structure of Stacks sBTC, which operates without central oversight. Eventually, users will be able to stake sBTC to earn rewards or interest through BTCz.
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How INTENT is Redefining the Crypto Landscape with Seamless, Payment and Secure Solutions
In today's fast-changing world of digital finance, there's always been a clear gap between decentralized finance (DeFi) and traditional finance (TradFi).
But now, a company called INTENT is stepping up with innovative solutions to bridge this gap. By seamlessly integrating advanced cryptocurrency options into everyday financial activities, INTENT is making it easier for both businesses and individuals to embrace crypto in their daily routines.
Breaking Down the INTENT Ecosystem
INTENT offers a well-rounded suite of tools designed to help beginners and seasoned users alike to dive into the world of cryptocurrency easily. Here's a closer look at the key parts of the INTENT ecosystem:
TENT Wallet: The TENT Wallet is the next big thing in crypto wallets, offering both custodial (managed by a third party) and non-custodial (self-managed) options. It's designed to be user-friendly, making it easy for anyone to use while maintaining privacy and security. Future updates will include features like integration with Bitcoin ATMs and global money transfer services.
TENT Card: The TENT Card, linked to Mastercard, makes it effortless to use crypto for everyday payments. You can use it at millions of places worldwide, and it also works with digital wallet services like Apple Pay and Google Pay. This makes it easier than ever to use cryptocurrency in your daily life.
INTENT Token: The INTENT Token isn't just another cryptocurrency; it plays a crucial role in the INTENT ecosystem. It helps lower or even eliminate fees when using TENT's services. Supported by a dedicated fund, the INTENT token ensures stability and liquidity, making it a reliable digital asset.
TENT Payment Gateway: This payment gateway simplifies the process of handling both crypto and traditional currency transactions. Built-in KYC (Know Your Customer) and KYT (Know Your Transaction) processes help keep everything secure and compliant with regulations, underscoring INTENT's focus on integrity.
Expanding the Ecosystem: Additional Features
INTENT is committed to not just meeting the current needs of the market but also anticipating and addressing future demands. Their extensive array of additional products and features significantly enhances the crypto ecosystem, ensuring a comprehensive and reliable user experience.
TENT Custody: Enhanced Security
Security is paramount in the world of cryptocurrency, and INTENT’s TENT Custody service stands as a testament to their dedication to safeguarding user assets. By offering non-custodial wallets and secure connections to external wallets and cards, TENT Custody provides an added layer of protection. Users maintain control over their private keys, minimizing the risk of unauthorized access and ensuring peace of mind.
Crypto Investments: The Next Frontier
INTENT is pioneering the future of digital investments with their Crypto Investments service. This innovative offering explores the issuance of various digital assets, such as tokenized metals, bringing the benefits of alternative investments to the blockchain world. Importantly, all tokenized assets are issued while adhering strictly to regulatory standards, ensuring compliance and fostering trust among investors.
Crypto-backed Loans: Financial Flexibility
Financial flexibility is another cornerstone of INTENT's ecosystem, exemplified by their Crypto-backed Loans service. This feature allows users to leverage their cryptocurrency holdings as collateral to secure loans. It provides an excellent means for users to access liquidity without needing to liquidate their crypto assets, making it an attractive financial tool for many investors.
Liquidity and Stablecoins: Stability and Efficiency
Enhancing liquidity in Layer2 markets is another critical focus for INTENT. By improving Liquidity mechanisms, INTENT ensures smoother and more efficient transactions within the ecosystem. Additionally, the potential introduction of a Stablecoin, pending regulatory approval, could provide further stability to the market. Stablecoins are known for their reduced volatility compared to other cryptocurrencies, making them a valuable asset for both trading and everyday transactions.
With these additional features, INTENT is not just expanding its ecosystem but also solidifying its position as a comprehensive crypto service provider. Their forward-thinking approach ensures that users have access to secure, versatile, and efficient tools to navigate the ever-evolving cryptocurrency landscape.
Let's delve deeper into how INTENT's flexible service models are catering to the diverse needs of their audience.
Crypto-as-a-Service: Seamless Integration for Businesses
One of the standout offerings from INTENT is their Crypto-as-a-Service model. This service is designed to simplify the sometimes daunting process of integrating cryptocurrency features into existing platforms.
By linking a client's front-end interface directly with INTENT's robust back-end systems via API, businesses can effortlessly incorporate advanced crypto functionalities into their operations. This means you don't need to worry about the complexities of blockchain technology or the intricacies of crypto transactions—INTENT handles all the heavy lifting, ensuring a smooth and efficient integration process.
Whitelabel Solutions: Custom-Branded Crypto Solutions
For businesses looking to maintain their own brand identity while leveraging the power of INTENT's technology, the Whitelabel Solutions offer a perfect balance. This service allows companies to offer complete, custom-branded crypto solutions to their customers.
Powered by INTENT’s state-of-the-art infrastructure, these solutions enable businesses to provide a unique crypto experience under their own brand name. Whether it’s a custom crypto wallet, payment gateway, or any other cryptocurrency service, INTENT’s whitelabel offerings ensure that businesses can present these advanced features as part of their own suite of services, thereby enhancing their brand value and customer loyalty.
By offering these flexible service models, INTENT ensures that both individual users and businesses can effortlessly and securely navigate the world of cryptocurrency, making it accessible and beneficial for everyone.
Boosting Growth with Referral and Loyalty Programs With INTENT
INTENT aims to expand its user base through attractive referral and loyalty programs. These programs reward current users for inviting new participants, helping the platform grow continuously.
INTENT is revolutionizing how we integrate crypto into daily financial activities, making it easier for everyone to join the cryptocurrency movement. With user-friendly tools and innovative solutions, they’re breaking down the barriers between DeFi and TradFi, paving the way for a future where crypto is a mainstream financial option.
Learn More
WEBSITE: https://intent-token.com/
WHITE INTENTION: https://www.intent-token.com/about
TWITTER: https://twitter.com/TentAppOfficial
TELEGRAM: https://t.me/TentAppOfficial
Feel free to adjust or add more details if needed!
Author
Btt Username: Sigrun Profile Link: https://bitcointalk.org/index.php?action=profile;u=3448446 Wallet Address (BEP-20): 0x5A65492063E40B6B68622072C3d203e09A57AD1E
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# MantaRWA: Share 5700 MANTA!
MantaRWA: Share 5700 MANTA! MantaRWA @MantaNetwork (MANTA) is dedicated to pioneering modular blockchain support for zero-knowledge proof (ZK) applications. As a standout in the CeDeFi ecosystem, Manta Pacific introduces a modular Layer2 solution tailored for the EVM ecosystem. Read More
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Exploring Botanix Labs' Bitcoin Layer 2 Innovation: A Game-Changer in Cryptocurrency
In a recent episode of Unchained Premium, Laura Shin explores Botanix Labs' innovative Layer 2 solution on Bitcoin with Willem Schroe. They discuss how this technology could reshape the Bitcoin landscape 🌱. Schroe emphasizes the potential of using Ethereum Virtual Machine smart contracts on the Bitcoin network to bridge the gap between Bitcoin and Ethereum's models.
The conversation dives deep into the technical aspects of Botanix's Layer 2, Spiderchain, and the importance of decentralized multi-signature wallets for network security. They also touch on the impact of this integration on Bitcoin's transaction fees and network security, potential competition with Wrapped Bitcoin, and community reactions to this groundbreaking initiative.
This episode offers valuable insights into the future of Bitcoin and decentralized finance, highlighting the possibilities and opportunities that Botanix Labs' Layer 2 solution could bring to the cryptocurrency ecosystem. For more information, you can read the full article here.
#Bitcoin #Layer2 #Cryptocurrency #Blockchain
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Ethereum co-founder Vitalik Buterin discussed maintaining the protocol’s simplicity while introducing advanced feature integration. He said the reluctance to enshrine as little as possible on the protocols is “understandable and good.” In a September 30 blog post, Buterin explained that Ethereum’s software was built to be a minimalist that could be easily adapted to different needs by its users, avoiding the curses of software bloat. Highlights Dangers and Benefits of Integrating More Features Per Buterin, the discussions regarding layer1 and layer2 blockchain networks also revolve around the necessity of integrating additional features into the protocol. This addresses diverse users’ requirements, such as privacy, usernames, and account security, among other concerns. The Ethereum co-founder suggests that integrating more features into the core protocol might “decrease de-facto centralization” and enhance safety across different facets of the blockchain ecosystem. This strategy can also yield standardized solutions to enhance the user experience. However, Buterin cautions that this approach comes with risks. “Enshrining too much can over-extend the trust and governance load,” he notes. He also points out that “over-complicating the protocol” and the unpredictability of users’ needs could result in backfiring in the long term. Suggest Features That Can Be Added Due to this, Buterin suggested solution-oriented features that could be integrated into the protocol’s core. These features include changing staking penalty rules to make trustless liquid staking more viable. Another feature would involve the enshrinement of EVM-MAX or SIMD to simplify a wider class of operations to implement efficiently. The protocol could also introduce EVM verification instead of enshrining the whole concept of roll-ups. Buterin said: “What features should be brought into the protocol and what features should be left to other layers of the ecosystem is a complicated tradeoff, and we should expect the tradeoff to continue to evolve over time as our understanding of users’ needs and our suite of available ideas and technologies continues to improve.” Raises Concern About Lido and Rocket Pool Liquid Staking Approach Meanwhile, Buterin faulted Lido and Rocket Pool’s approach to picking node operators. According to him, the mechanism employed by these protocols can’t be unrestricted because attackers could join and amplify their attacks with users’ funds. He said: “Lido, which has a DAO whitelisting node operators, and Rocket Pool, which allows anyone to run a node if they put down 8 ETH (ie. 1/4 of the capital) as a deposit. These two approaches have different risks: the Rocket Pool approach allows attackers to 51% attack the network, and force users to pay most of the costs. With the DAO approach, if a single such staking token dominates, that leads to a single, potentially attackable governance gadget controlling a very large portion of all Ethereum validators.” Ethereum Liquid Staking Protocols. Source: DeFillama Lido and Rocket Pool control more than 77% of the Ethereum liquid staking market, according to DeFillama data.
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ALTCOIN BINANCE BITCOIN BLOCKCHAIN CRYPTOCRYPTO CURRENCY DEFI LAYER2 NFT
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COMBO Network | A Game-focused Layer2 for Web3 Game Developers.
Blockchain and cryptocurrencies are not a strange and tangential part of the Web3 movement. They are an integral part of the decentralization that makes Web3 possible. They are the core material of the whole system. Without cryptocurrencies, the blockchain has no incentive mechanism for network participation. Without a crypto wallet, users will have nowhere to store those cryptocurrencies (or any passports to access Web3). And without the blockchain network, Web3 would not exist.
All of these technologies come together to enable a decentralized version of the Internet, this new thing called Web3. And Brave Browser—with its built-in crypto wallet and native binding to Basic Attention Token (BAT)—offers a fast, secure gateway to connect to Web3 and start browsing.
Web3 has revolutionized various industries, including gaming. A major change from traditional gaming platforms, Web3-based games allow players to engage with games in an innovative and decentralized way. People can play to make money through cryptocurrencies and NFTs. It democratizes all aspects of the game and places the main power in the hands of players instead of limiting it to one central authority in the game.
Web3 has a close relationship with crypto due to its decentralized nature, with this technology crypto projects can offer token incentives to anyone who can help create, organize, contribute or improve any of the projects. Platforms like COMBO will no doubt play an important role in shaping the future of the industry. With its focus on innovation, accessibility and community engagement, COMBO is well-positioned to drive mass adoption of Web3 games and empower developers and investors to unlock the full potential of this exciting and fast-growing space.
About COMBO:
COMBO is a leading provider of scaling solutions for Web3 game development. By leveraging the world's top game engines, Combo is building an open-source, decentralized, game-oriented Layer2 accessible to everyone. It aims to maximize the potential of Web3 games by connecting game developers with the rest of the ecosystem in an efficient, affordable and secure way. A platform specially made for gaming applications. It was initially launched as Cocos BCX in 2018, with the aim of providing blockchain infrastructure for game developers. However, with the rebranding as COMBO, the platform is now focused on creating a seamless gaming experience for all stakeholders in the gaming industry.
The COMBO project has a lot to offer both experienced crypto investors and newcomers to the field. With features of decentralized exchange, liquidity pool, yield farming, and staking, it provides a comprehensive ecosystem that supports multiple users and use cases. As with any investment, there are always risks to consider. However, the team behind COMBO has taken steps to mitigate these risks, focusing on safety, transparency, and community engagement. Furthermore, the project has gained traction in the market, with a growing user base and partnerships with other leading projects in the space. Overall, the COMBO project offers an attractive investment opportunity for those interested in the evolving world of decentralized finance. With its unique features and commitment to building a strong and engaged community, it is well positioned to continue to capture the market and deliver value to its users.
At its core, COMBO operates on a decentralized network of nodes that collaborate to achieve consensus and maintain the integrity of the blockchain. It employs a consensus mechanism known as proof-of-stake (PoS), where participants who hold a certain number of COMBO tokens can validate transactions and create new blocks. This approach not only ensures security but also significantly reduces energy consumption compared to traditional proof-of-work (PoW) mechanisms. Combo, representing web3 technology in the game world, is ready to revolutionize the game industry by enabling developers to create technological and attractive games. The launch of the testnet is just looking forward to seeing what the future will bring for a start and combo and gamefi.
The Potential of Web3 Gaming with Combo Network:
The emergence of Web3 has opened new opportunities for innovation and growth of the game industry. However, Blockchain fragmentation causes problems to integrate and transmit smooth game platforms. This includes a combo network that offers a complete solution for compatibility and scalability in Web3 games.
Multi-Chain Interoperability:
The Federation network allows you to communicate and interact in different blockchain networks, which allows developers to make play performances that are more diverse and dynamic. Due to its hybrid mechanism, Combo Storde consensus provides safe and reliable processing of transactions, providing smooth experience of users.
Improved Efficiency:
a combined network with housing ecosystems also increases the efficiency and cost savings for developers and players. Eliminate the silo and activate the intersection with intersections, flow joint network games and reduce transaction costs.
Robust Ecosystem:
Combo network ecosystems provide a number of complex functions, including decentralized exchanges, liquidity, agriculture and tariffs that make it a universal store for players and investors.
Community-Driven Approach:
The integrated network team seeks to create a strong and involved community, which is important for the success and growth of platforms. Offering transparent communication and communication -based decisions, Combo Network aims to create an ecosystem that develops from gamers and web developers3.
When web3 game space continues to grow and develop, platforms such as Kombo play an important role in shaping the future industry. Attention, which underlies the combination of innovation, accessibility and participation of the community, makes it an attractive investment opportunity for those interested in the growth of the decentralized financial world. The unique features of Combo, including hybrid consensus mechanisms and increased compatibility, make it a good position to encourage the mass acceptance of Web3 games and expand the ability of developers and investors to discover the full potential of this interesting and developmental space.
COMBO Features: Revolutionizing Web3 Game Development:
COMBO is a game-focused Layer2 solution that aims to revolutionize Web3 game development. With its innovative features and commitment to scalability, COMBO is poised to transform the gaming industry. Here are the key features that make COMBO a game-changer:
Scaling Solutions:
COMBO provides cutting-edge scaling solutions specifically designed for Web3 game development. By leveraging Layer2 technology, COMBO addresses the scalability challenges faced by blockchain-based games, allowing for seamless gameplay experiences with high transaction throughput.
Open-Source and Decentralized:
COMBO is built on open-source principles, fostering a collaborative environment for developers. Its decentralized nature ensures transparency, immutability, and fair gameplay, enhancing trust among players and developers.
Integration with Top Game Engines:
COMBO leverages integration with the world's leading game engines, enabling developers to build games with familiar tools and workflows. This integration eliminates the steep learning curve associated with blockchain development and empowers developers to create engaging gaming experiences.
Developer-Friendly Infrastructure:
COMBO provides a developer-friendly infrastructure that simplifies the integration of blockchain technology into games. It offers robust APIs, SDKs, and documentation, making it easier for developers to onboard and leverage the benefits of Web3 without compromising their creative vision.
Community and Ecosystem Support:
COMBO emphasizes cultivating a vibrant community and supporting developers within its ecosystem. Through grants, incentives, and resources, COMBO encourages on-chain development and fosters collaboration, resulting in a thriving community of game developers.
High Performance and Low Costs:
COMBO aims to provide high-performance gaming experiences while keeping transaction costs low. By leveraging Layer2 solutions, COMBO achieves faster transaction confirmations, lower gas fees, and improved scalability, ensuring a seamless and cost-effective gaming environment.
Interoperability:
COMBO focuses on interoperability, allowing games built on the platform to seamlessly interact with other blockchain networks and assets. This opens up a world of possibilities for cross-game collaborations, item trading, and shared gaming universes.
Gaming-Focused Features:
COMBO is tailored specifically for game development, offering features that cater to the unique requirements of gaming ecosystems. These features include optimized consensus mechanisms, asset management, virtual economies, and mechanisms for in-game rewards and monetization.
Join and Try COMBO Testnet Launch: Revolutionizing Web3 Gaming:
The long-awaited COMBO Testnet Launch is finally here, marking a significant milestone in the world of web3 gaming. Brace yourself for a revolution as COMBO introduces a wave of innovative features that will reshape the landscape of gaming as we know it. This extraordinary event opens the doors to the next era of gaming evolution, offering unparalleled opportunities for developers and gamers alike.
COMBO Network's Test Net launch event is an excellent opportunity for individuals to immerse themselves in the network's vibrant community. By joining the event, participants can interact with like-minded enthusiasts, learn about the latest developments, and gain insights from industry experts. This event marks the beginning of a collaborative journey towards the future of blockchain technology and its integration with real-world applications.
The Test Net serves as a testing environment for developers and enthusiasts to explore the capabilities of COMBO Network. It offers a range of exciting features, including enhanced scalability, improved interoperability, and advanced smart contract functionalities. These features lay the foundation for the platform's seamless integration with existing systems and the creation of novel decentralized applications (dApps).
What Benefit of Blockchain-based Gaming Platform COMBO Launches TestNet?
COMBO Network that offers game-focused hopeful rollup on Binance Smart Chain, making it faster and cheaper for developers to create games with great graphics and complex interactivity. COMBO offers a full-stack upgrade toolkit that combines everything designers need to create and deliver Web3 games, including smart contracts and front-end advancement tools.
The platform offers ready-to-use Web3 game solutions that are easy to use and ideal for designers of all skill levels. COMBO Network hopes to capitalize on the market potential of over 1 billion gamers worldwide by offering an open, fair, and secure platform suitable for both game developers and players.
The platform also offers several incentives, such as free mint NFT events, early adopter rewards, local airdrops, and manufacturer rewards for early adopters, local users, and designers. The upcoming launch of the COMBO testnet promises to revolutionize web3 game development by making it easier than ever for engineers to deliver games that reflect the complexity and energy of legacy titles. The testnet launch is the first of many steps to unveil COMBO's killer features.
The platform also introduces Cobee NFT, a limited-time event that allows early adopters to secure their free Cobee and enjoy potential holder benefits. COMBO Network has established global partnerships with NodeReal, a major supplier in blockchain development, to help each other and have the advantage of working together.
The COMBO Association sends utility representative-type tokens to be converted into tokens on the stage. COMBO is a representative who will have many good grades on the COMBO Association stage. The general supply of COMBO tokens includes 100 million units, providing a solid area for stage development and feasibility. Undiluted tokens cover 71% of the entire store, powering different parts of the COMBO environment and guaranteeing its smooth development.
These airdrops aim to pay early adopters and attract environments during testnet and mainnet delivery. These assets follow interest in possible tasks and new associations within the COMBO environment, creating new developments and enhancements.
Tokenomics COMBO:
COMBO's tokenomics are designed to support its ecosystem and provide utility within the Web3 game development landscape. While specific details of the tokenomics may vary, here are some general aspects:
Utility:
$COMBO serves as a utility token within the COMBO ecosystem, providing various benefits and functionalities to game developers, players, and other participants.
Staking and Governance:
$COMBO holders may have opportunities to stake their tokens to earn rewards or participate in the governance of the COMBO platform, shaping its future development and decision-making processes.
Cross-Chain Interoperability:
$COMBO tokens can seamlessly move across different blockchain networks, allowing for interoperability and facilitating cross-chain interactions and transactions.
Ecosystem Incentives:
COMBO may introduce mechanisms to incentivize desired behaviors and contributions, such as rewarding developers for creating high-quality games or players for active participation.
The COMBO Association plans to circulate these tokens through a token distribution program, which clients can obtain freely from the business community on the COMBO Association website.
Maximum Supply (100,000,000) - The total supply of COMBO tokens is 100 million units, which provides a solid foundation for the platform's development and growth.
Undiluted Tokens (71%) - The undiluted tokens cover 71% of the entire supply, which powers different parts of the COMBO environment and ensures its smooth development.
Testnet and Mainnet Airdrops (17%) - These airdrops aim to reward early adopters and attract more users during testnet and mainnet launches.
Seed Funds (17.5%)- These funds are invested in potential projects and new partnerships within the COMBO environment, fostering new developments and improvements.
Governance Resources (17.5%) - These tokens are dedicated to association holdings, which enable the community to make informed decisions about COMBO through decentralized democratic participation.
Hackathons, Upgrades, and Special Initiatives (35%)- These tokens support the development and progress of new COMBO environments by sponsoring hackathons, incentives, and specific initiatives.
Other Initiatives (13%) - The remaining pure tokens are used for different initiatives and fees within the COMBO environment.
The COMBO ecosystem is powered by its native token, which is used to incentivize users and provide governance for the platform. The token can be used to access premium services on the platform, as well as to participate in platform governance through voting and staking. Combo Token (COMBO), which assumes a urgent part in controlling the organization's functionalities and offering some incentive to its local area. Combo Token fills in as the foundation of the Combo Organization environment, energizing different activities and remunerating clients for their cooperation.
Conclusion:
COMBO is a very promising platform that offers various advantages for investors and game developers. Its focus on scaling game-oriented Layer2, leveraging Binance Smart Chain, and providing full-stack development tools, makes it an attractive investment opportunity for those looking to tap into the Web3 gaming industry. With an open source, decentralized platform, optimistic technology rollup and gaming ecosystem, COMBO is well positioned to lead the Web3 gaming industry. Don't miss out on the opportunity to be an early adopter and receive exclusive incentives, such as the Testnet Celebration "FREE" NFT, early adopter incentives, and builder grants. You can also participate in the community airdrop and receive rewards for your contributions to the platform. Take the leap into the world of COMBO Blockchain and unlock the true potential of decentralized applications! Start building on COMBO Blockchain today and be part of the revolution. Together, we can shape a future where blockchain technology solves real-world problems and creates a more transparent and inclusive global ecosystem.
ACCURATE INFORMATION:
Website: https://combonetwork.io/ Telegram: https://t.me/COMBONetworkio Medium: https://medium.com/combonetwork Twitter: https://twitter.com/combonetworkio News channel: https://t.me/COMBONetworkNews Discord: https://discord.gg/combonetwork
AUTHOR:
Username: Damkar58
Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1925168
BSC Wallet Address: 0xFa468a5de2759AC15f1191d9A78240F2e7B137B0
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Click to “Start Mining” To Get Mining Income Regularly!
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Cryptocurrency mining is free money and you can only use it if you are smart enough. One way to get into the depths is by exploring the entire software technology that operates crypto blockchain. Just by having a personal computer you can earn many dollars right by binge-watching your favourite shows on Netflix or doing what you like.
The terminology called mining is the lifeline that seems in limelight in the crypto ecosystem. It refers to the process of validating current going transactions and mints new assets into circulation. In simpler terms, a miner streamlines some complex Math problems to verify the transactions.
Mining in short is specified where new cryptocurrency tokens/coins are generated that resembles the work done by physically miners that mine for precious metals like gold. However, the only difference comes; digital currency miners use computers to break down cryptographic problems and gets rewarded in the form of cryptocurrency.
You will find many cryptocurrency mining platforms available offering some good options for users to make some passive income. Now, cloud mining seems one of the great ways to earn passive income as an additional bonus back to get rewarded in easier way with no efforts at all. Moreover, you can often reinvest your earned assets into other mining services to raise your hashing power or else even rent more resources.
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ABC Network
Ace Blockchain Crypto Network is a fast, green, scalable, and POA-based platform introduced with a purpose to build business-friendly smart contracts and initiate some good web3 application use cases. We offer a decentralized digital infrastructure to create and execute majority sets of applications, services, and protocols on our blockchain technology.
This platform serves as a foundation for common users like you to build and deploy various decentralized applications (DApps) and smart contracts marketplace. Here you can share your interest, ideas, and talent to showcase on our blockchain investing something new unique worth efforts.
This entire ecosystem works on ABCN — the native coin of Ace Blockchain Crypto Network built on BSC chain. It is introduced with a perfectly balanced tokenomics that you can use easily, openly, and anywhere just like any other crypto. ABCN assets will offer liquidity to the network by inheriting it as fees for modes like transactions, payments, and trading.
Staking ABCN tokens and earn up to 200% APY relatively around 16% APY on your capital for a year commitment to the participating profiles. Not only staking for passive income, you have ample reasons to join us-
· You can access and modernize the smart contracts to participate in decision-making protocols in order to get rewarded.
· Ace blockchain is intentionally deployed with speed aspects to retrieve high volume transactions per second initiating layer 1 & layer 2 solutions worth operating on 900tps on chain.
· This platform promises to deliver fast transactions using Layer2 consensus mechanism as compared to other potential blockchain consuming less energy and offering high-end speed.
· We offer industry standard ABC20 token offering countless NFT functionality where you can send/receive different assets and NFTs skipping the pay for huge gas fees.
· Our Ace Blockchain is entirely compatible with Ethereum hence you have a chance to deploy your decentralized applications at a fraction of the cost and evaluate your talent with our blockchain’s high performance.
This is not the end! We have a blast right here!
ABCN Mining
ABC Network introduces ABCN mining to be in action, so, you can click to start mining and get mining income on regular basis. This is an excellent place to step in if you are looking to participate in pool mining. We have an official mobile app for iOS and Android. You can also use the application or portals as an account monitoring tool.
Not only the mining options, we keep you safe by implementing a two-factor authentication (2FA) for added security as well as regular one-time passwords. So, you and your money are safe with us. If you likely seem to join, now is your time. The process is quite simple- follow the lead!
Check out these things before getting started:
A computer or other device with an internet connection to access your mining account.
An account with mining service accessibility, so, create an account with our reputable service provider/account.
Keep some cryptocurrencies with you in order to mine cryptocurrency which later you can use this to pay for other resources or reinvest them into your operation.
A crypto wallet to store your mined coins/assets, so, carefully choose a wallet supporting BSC chain like MetaMask or Trust wallet, if you wish to mine ABCN assets
ACE blockchain-integrated mining program is incredibly simple for you to begin, so carefully follow the lead-
Step 1. Sign Up: Fill in our form and get ready to start mining within 1 minute
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· Automated daily payouts
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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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MEXC Global Research: Market Investment Research Analysis of the Base Layer Expansion Scheme, Polygon (MATIC)
In 2021, the projects at the forefront of the base layer blockchain race is not Binance Smart Chain, Polygon, and Solana. However, the latter two are likely to have late development advantages.
Polygon uses an Ethereum sidechain that focuses on high performance and scalability issues. Unfortunately, every user who uses Ethereum for transactions suffers from high gas fees and transaction congestion. The following data in the picture can fully summarize the problems to be solved by Polygon.
We can look at Polygon’s situation from the following aspects.
1. Polygon network DeFi TVL
At present, the TVL of the Ethereum network is $88.52 billion USD, and the TVL on Binance Smart Chain is $24.77 billion USD, the TVL on the Polygon Network is $3.6 billion USD.
Compared with this set of data, the current Polygon DeFi ecosystem may be far inferior to the Ethereum network or the Binance Smart Chain. However, another set of data shows that in the second quarter of this year, the number of Polygon’s daily active wallet addresses once surpassed Ethereum to 73,000, with an year-on-year increase of 13000%. So far, the number of Polygon wallet addresses is 660,000 +.
About the situation of the Polygon network’s native asset MATIC (based on the data retrieved on September 3): The asset price is 1.5USDT/token, the market value is $9.754 billion USD, and the market value ranks 19; The total value of online staking is U$1.832 billion USD.
At present, Polygon is in a multi-chain-driven mode. Its ecosystem leaders are AAVE, Sushi, Aavegotchi, and other games. Dapp also decided to expand its functions to Polygon·
According to a report by Dappradar in July, since its expansion to Polygon, AAVE’s TVL on the sidechain has reached $2.11 billion USD. Considering Ethereum, this number accounts for 22.56% of the total TVL. A similar situation occurred in SushiSwap. Its TVL in Polygon accounts for 20.4% of the total TVL of SushiSwap.
Therefore, based on the data, at present, the TVL contribution value of Polygon mainly comes from AAVE and Sushiswap.
2. Polygon (MATIC) Tokenomics
MATIC has a total distribution of 10 billion tokens, including:
The distribution proportion of private sales and Launchpad sales is 3.8% and 19%, respectively;
The allocation proportion of team and advisors is 16% and 4%, respectively;
The distribution proportion of foundation, network operation, and the ecosystem is 12%, 21.86%, and 23.33%, respectively.
According to public disclosure, MATIC’s private sales price is 0.00079USDT/token and 0.00263USDT/token respectively. The partial private sale has been unlocked in 2019, and the partial network operation has also been unlocked; The team will unlock 1/5 every half a year from April 2020; The foundation will unlock 1/8 every half a year from April 2019; The ecosystem part will be unlocked every half a year from April 2019. In other words, before all these MATICs are unlocked, they will face certain selling pressure in April and October every year.
3. Polygon’s Security Situation
Polygon mainly combines the features of sovereign blocks (sovereignty, scalability, and flexibility) and Ethereum (security, interoperability, and developer experience), which is compatible with existing Ethereum tools (such as MetaMask, MyCrypto, Remix, etc.), and can exchange messages between them and with Ethereum.
Polygon’s technology implements the Polygon framework and the Polygon protocol through two main components.
The “Polygon framework” allows developers to deploy Ethereum compatible preset blockchains with one click and provides a set of customized modules for building blockchains, including pluggable consensus, staking, governance, Ethereum virtual machine EVM/Ewasm, execution environment, and dispute resolving procedures.
The “Polygon Protocol” can transmit information between Polygon chains or between Polygon chains and Ethereum and rely on the security as a service of the Ethereum network.
There are two ways for Polygon to realize the capacity expansion path. One is the path that depends on Ethereum network security, namely “Secured Chains”. This method does not establish its own verifier pool, but is directly provided by Ethereum or professional verifiers.
Under this method, in addition to the current implementation of Matic Plasma, Polygon will also support other major extension solutions, such as zkRollups, Optimal Rollups, Validium, and other various schemes.
The other is Stand-alone Chains, which has its own verifier pool, is fully responsible for its security, and has the advantages of independence and flexibility. Examples include the Matic PoS chain, sidechain, and enterprise chain. However, because of this, many projects cannot share security, which may impact them when becoming a part of the Polygon ecosystem.
Polygon provides various solutions in Ethereum’s capacity expansion, including the core Polygon PoS chain, two mature solutions Polygon SDK and Polygon Plasma, and trying to build a dedicated data availability layer Polygon Avail.
In August, Polygon acquired Hermez with $250 million USD, thus complementing the capacity expansion technology based on zero-knowledge proof (ZK), which is the most difficult at present, so that Polygon can further complement the Rollup scheme.
4. Polygon’s Ecosystem Situation
At present, Polygon’s Layer2 chain has been widely used, with more than 520 DApps, more than 400 million on-chain transactions, and more than 17 million independent address users, including DeFi, NFT, and games. At present, there are more than 520 ecosystem projects deployed on Polygon with apparent official cooperation, including many blockchain ecosystems such as DeFi, NFT, GameFi, and tools.
In addition to the leading projects Aave, Sushi and Aavegotchi, AirNFTs, Quickswap and Decentral Games Polygon has formed a primary ecosystem dominated by DEX, insurance, lending, NFT and GameFi.
Recently, polygon held a hackathon for the first time in the theme directed towards Fastest way to build Polygon dApps with Moralis, Building an NFT marketplace on Polygon, Polygon DeFi Panel, etc. to provide professional ecosystem construction and post-investment services for innovative ecosystem projects.
MEXC Global will participate in the project as a global market partner. In addition, MEXC Global and Polygon will jointly set up a global ecosystem fund to invest in Polygon’s innovative ecosystem projects.
Note: This article is only for information sharing and does not constitute any investment suggestions.
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ETH 2.0, NFT, regulation, metaverse and more perspectives for 2023
The year 2022 was one of the most turbulent for all financial markets. In addition to the continued hikes in interest rates by the US Federal Reserve, central banks around the world began to follow the example of what was happening in the US, raising their own rates to try to slow down inflation and reduce economic volatility.
ETH 2.0 The ‘The Merge’ upgrade is the long-awaited migration of Ethereum from its current “Proof-of-work” mechanism to a “Proof-of-stake” system. The merger actually occurs through a two-step process, which has been dubbed ‘the Bellatrix & Paris updates’.
NFTs. NFTs have become an integral part of the crypto world, and now NFT has evolved from a pure PFP project to a much more advanced one, combining gaming and meta-universe, all to form a new NFT+ decentralized funding model.
Regulations :
NFT development services Faced with the plummeting prices of digital assets that the bankruptcy of FTX is causing, the sector itself is trying to find solutions, even acknowledging the need for regulatory formulas. Regulations are going to be the name of the game in 2023. With this context, I believe that it will no longer even be optional whether or not the regulator should take intervention measures in the industry.
From the very beginning, we have prioritized the security of our clients’ assets, as all user funds stored in Trubit & Trubit Pro are held 1:1 and are available for withdrawal at any time. We have never refused nor will we refuse on that point. As the crypto ecosystem emerges from infancy to adolescence, we are more confident that it will continue to be the central pillar of how we run our exchange business.
In the year 2022, the industry exposed many problems with Centralized Finance (CeFi). This will set the cryptocurrency industry back for some time. We will definitely expect more regulations in the crypto market and we believe that this is not a bad thing as it will bring a healthier environment for users in the long run.
Layer2 . The biggest event in Layer2 in 2022 was the issuance of OP by the main Optimistic Rollup protocol, Optimism, driving growth along with the Layer2 segment against general market conditions. The total number of Optimism addresses increased by 7%, from 327,000 to 350,000.
GameFi . With 1 million active users and 4.72 million registered users with up to $122.5 million in earnings in a quarter, STEPN was one of the most notable projects of GameFi and Play To Earn. But STEPN eventually bottlenecked, and fell into a death spiral, burying the Play to Earn boom in 2022.
The advantages of a multi-chain network are:
Cross-Chain security, fast confirmation and greater composability; Each sub chain performs specialized execution and application, forming a Dapp-specific chain that provides unbiased performance. Therefore, Multi Chain is an open source blockchain platform that allows users to build and deploy private blockchain applications that work within or between companies.
Metaverse :The Internet is currently an oligopoly. Most of the social media giants make huge profits by monopolizing user data. They can also change the rules of the game at any time, which denies the original spirit of the Internet, where transparency and sharing were the main principles. When it comes to building Web 3.0 and developing a large-scale creator economy in the Metaverse, we need a new social infrastructure that incorporates the original elements of the Internet.
Outlook 2023 — Where are we going? For the next 2023, where are we going? We listed a few things we should pay attention to in the coming year.
Crypto-native neobanks: Most banks do not seamlessly bridge the worlds of traditional banking and cryptocurrencies. In particular, many people living in LATAM find it difficult to even have their own bank accounts. Crypto-native banks should be able to allow users to manage their money seamlessly with the union of the traditional and the crypto world.
Cryptocurrency payments: Cryptocurrency payments naturally solve certain difficult scenarios in the global economy. Today, users still do not expect transparency and timely payment flows. We expect that in the next few years some new crypto-based creator monetization tools will break out, so we will see more cases of crypto-enabled payments.
Zero-Knowledge: We will see significant cases of adoption and use of Zero-Knowledge technology, which essentially uses testers, verifiers, and mathematical algorithms. NFT development company Since blockchains are inherently transparent, ZK (Zero-Knowledge) technology can be very useful for blockchains, allowing for more on-chain interaction in a private way. It would be great to see more zk tests that fill in the gaps in the multidimensional space of these tradeoffs.
Real-World Assets: Cryptocurrencies symbolically represent Real World Assets (RWA) and will allow for a great deal of liquidity and utility. Stablecoins are by far the most popular application of RWA in crypto markets such as USDC and DAI, remaining blue-chip stablecoins with low volatility throughout the bear market. Therefore, 2023 will bring growth in Real World Assets applications such as loans and real estate transactions.
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