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Top 10 blockchain protocol lists: https://www.amazingviralnews.com/top-10-blockchain-protocol-lists/
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ERC20 token generator
Ever wanted to create your own cryptocurrency? Thanks to the ERC20 Token Generator, it’s more accessible than ever. Dive into the world of blockchain and see how simple it can be.
What is an ERC20 Token?
ERC20 tokens are digital assets built on the Ethereum blockchain. They follow a specific standard, allowing them to interact seamlessly with platforms and other tokens.
Benefits of ERC20 Tokens:
Interoperability: All ERC20 tokens adhere to the same protocol.
Widespread Acceptance: Many platforms on Ethereum support these tokens.
Developer Support: Extensive documentation and community support.
How Does the ERC20 Token Generator Work?
Creating a token might sound complex, but the ERC20 Token Generator simplifies the process. Here’s a step-by-step guide:
Define Your Token:
Choose a name and symbol.
Set the total supply.
Access the Generator:
Use online tools designed for token creation.
Input your token details.
Deploy to the Blockchain:
Confirm your details.
Launch your token on the Ethereum network.
Key Features of ERC20 Tokens
These tokens offer various features that make them attractive for both developers and investors:
Standardized Functions: Such as balance checking and transfers.
Smart Contract Integration: Seamlessly integrate with smart contracts.
Security: Built on the robust Ethereum blockchain.
Why Create an ERC20 Token?
Creating your own token can offer several advantages:
Fundraising: Launch your own ICO (Initial Coin Offering).
Community Building: Reward loyal customers or followers.
Innovation: Develop new applications and uses for blockchain.
Potential Challenges
Despite the ease of creation, there are challenges:
Technical Knowledge: Basic understanding of blockchain is required.
Security Risks: Vulnerabilities can lead to exploitation.
Regulatory Issues: Compliance with local laws is crucial.
Best Practices for Creating ERC20 Tokens
To ensure success, follow these guidelines:
Audit Your Code: Ensure there are no security loopholes.
Engage with the Community: Gather feedback and make improvements.
Stay Informed: Keep up with blockchain trends and regulations.
Conclusion
The ERC20 Token Generator opens doors to the exciting world of cryptocurrency creation. Whether you're an entrepreneur, developer, or enthusiast, it offers an innovative way to engage with blockchain technology.
Final Thoughts
Creating an ERC20 token can be a game-changer. It empowers you to participate in the digital economy and experiment with new ideas.
FAQs
1. What is an ERC20 Token Generator?
An ERC20 Token Generator is a tool that simplifies the creation of custom tokens on the Ethereum blockchain.
2. Is technical knowledge necessary to create a token?
Basic blockchain understanding is helpful, but many generators offer user-friendly interfaces.
3. Can I sell my ERC20 tokens?
Yes, you can list them on cryptocurrency exchanges or sell directly to users.
4. Are there costs associated with creating a token?
Yes, deploying tokens on Ethereum requires gas fees, paid in Ether.
5. How do I ensure my token is secure?
Regular code audits and following best practices can enhance security.
Source : https://www.altcoinator.com/
#erc20#erc20 token development company#erc#erc20tokengenerator#token#token generator#token creation#ethereum#bitcoin
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ok lets get into the creator league stuff (local essay andy is back)
I mean first and foremost what Is the creator league
its an esports tournament ran by eFuse and presented by Mr Beast. its designed as this kind of interactive league allowing fans to play with and for their favourite creators. their trailers on instagram claim that theres gonna be a full years worth of content, however Mr Beasts recent video claims the event will happen across a 10 month time frame.
so the ting that makes this event 'special' is that the creators are not listed as players in the event but as 'team managers'- which is where the creator pass comes in. Each creator has a 'pass' that allows you as a fan and viewer to join their team and participate in the league events. Each pass costs around $20 and from what ive read I believe you can only sign up to participate on behalf of one player.
obviously for reasons of fairness, not everyone who buys a pass will be able to officially compete- there is a limited number of spaces on each team and the places are won via an open qualifier Fortnite tournament where they will also be competing for a $50 k prize- although im yet to find any comment from creator league or any articles on how this money is split. But don't worry even if you don't qualify youre still entitled to a free box of mr beasts chocolate should you buy a pass before September 9th. yey.
so what's the problem with this.
I mean first of all. creators arent even required to play. they can fully just let their team do all the work in every event which might work for people like Vinnie Hacker I guess. This might be a way to try and 'even the playing field' by not giving creators with gaming backgrounds any advantage, however it makes the marketing of 'playing with your favourite creator' a little meh. also as a viewer, id be more interested in watching an event that my creator was an active participant in than just watching my streamer watch other people play on their behalf.
the other huge thing that everyone is really waiting to hear about in this post is the nft situation. so recently the narrator of the creator league announcement video, brycent, conformed that the passes are nfts to be minted on the blockchain operating system Near Protocol. so obviously people are extremely concerned about this discovered involvement in NFTs and crypto currency.
so I went to investigate the website to see what its looks like when you purchase a creator pass and unsurprisingly there is no mention on nfts anywhere. The passes are sold on mynt.gg , which according to their faqs is a 'first of its kind marketplace looking to evaluate esports through community' just have a look actually
so no mention of the passes actually being nft purchase here's . if we go to the check out as well this is what we see for the descriptors
so . people who are purchasing this have no way of actually knowing they are purchasing an nft. you also need an account to add a pass to your basket and im not willing to make an account so im unaware if at any time during the payment process people are made aware of what they are purchasing. its listed and discussed more like a membership than anything, and in a way it is there are benefits to it, however with no information as to what people are actually buying its extremely sketchy and a literally misleading purchase perhaps a scam even . since the fact that they've just purchased an not isn't listed anywhere on mynt.gg prior to purchase. and after going through a few more articles .
so theyre definitely trying to hide it from you. as mentioned you need an account to purchase anything. and you only get to know what youre purchasing if you go through the TOC, which most people don't read lets be real.
it's worth noting as well creator league is the only collection available on mynt.gg at the minute, it seems like this entire business was started FOR creator league.
after reading through the faqs again I want to correct myself and say that yes you can buy more than one pass, but only for one creator. so this seems to me like a pay to win scheme.
im not going to go super in depth into this bit bc its a topic that has already been discussed in detail but obviously a lot of people are not happy with the inclusion of nfts because of their environmental impact, the secrecy and dedication to hiding this fact that the company is involving crypto in the event itself is a little weird if u ask me. oh yeah theres been reports on twitter too that they have been blocking and deleting replies to their posts that accuse them on using crypto.
so theyre lying to you as the viewer about what they are and what youre purchasing. but it seems like theyre lying to the creators too.
again. crypto and nfts is not mentioned anywhere at all. not in the trailer, not on the website not in any announcements . only discovered when people were paying for passes bc they wanted to support their fave creators.
recently one of the listed creators Connor CDawgVA released a twitter statement conforming that he was completely blindsided by the fact that there was cryptocurrency involved in the event- if u haven't seen his tweet here
so this raises the question were creators told about their involvement with Near, or was it written using jargon that people unfamiliar with crypto would not pick up on.
CEO of TAMU Esports Dylan Liu also weighed in on the creator league misleading their creators as well here's his statements too
this isn't everything Dylan has had to say hes done a lot of discussions with people on blockchains and of the event itself as someone who has known about the event for a while, id recommend checking out his twitter if you have time he goes into depth about how much funding theyre getting from near and way more issues with creator league than I have time to explore rn .
but it really does seem that the Creator League and eFuse have gone out of their way to try and hide the fact that they are using cryptocurrency from everyone possible. This is a marketing scheme to try and trick people into buying into their market- and if you google Near Protocol right now you see that they are declining so they actively need more people to buy into their schemes.
investors are leaving Near right now. Theyre tricking people into buying into their organisation. At least thats my understanding of it im not hugely knowledgeable about crypto.
I have a headache lets just wrap this up
this is super sketchy . as of right now CDawgVA is the only creator to have withdrawn from the event, but I hope a lot of creators follow suit. its unknown to us the details of their contracts but from what we know of the event they have done everything to hide the genuine content of creator pass purchases from the viewers- making a lot of people rightfully angry that the event is trying to pull the wool over fans eyes. hiding tweets and refusing to acknowledge their involvement in crypto programmes to the point where its unclear if people like Mr Beast and any of the participating creators are aware of it is super suspicious activity. Especially with how vague their promotions have been on the event, very little information has been available on their instagram and I think it was yesterday that we actually got some kind of timeline of the event. its supposed to start like next week and so many people are still so unsure of what is actually happening in the event or what prizes theyre actually getting if they participate. there has been no redeeming quality in the way that this event has been conceived and executed and I really do hope to see that the event is cancelled or that creators start to speak out against the way that the event is being run and support the fans who feel cheated and blindsided by the organisers . I will say I do not believe any of the creators willingly involved themselves in a cryptocurrency scheme, it's all just too sketchy . and no I did not proofread this nor can I be bothered to .
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A potential bidding war to buy TikTok has begun, less than a month after President Joe Biden signed legislation that would force the app’s Chinese parent company ByteDance to divest, or face a ban in the United States within a year.
The latest suitor to emerge is the real estate billionaire Frank McCourt, who announced this week he’s assembling a group of investors to acquire TikTok and has brought on financial advisers from Guggenheim Securities and the law firm Kirkland & Ellis to help. The app could be worth $100 billion, according to some estimates, though McCourt said it’s too early to discuss potential valuations.
What exactly McCourt would do with TikTok remains unclear, but in an interview with Time Magazine, he said that “the user experience wouldn’t change much.” He was not deterred by the prospect of the Chinese government preventing him from buying TikTok’s core algorithm, which is responsible for determining what content users see on the app.
“Of course, TikTok isn't worth as much without the algorithm. I get that. That’s pretty plain,” McCourt said. “But we’re talking about a different design, which requires people to move on from the mindset and the paradigm we’re in now.”
McCourt, who was previously the owner of the Los Angeles Dodgers, says he has already poured $500 million into an existing social media and technology initiative called Project Liberty, which aims to reduce the power that Silicon Valley giants like Meta and Google have over the internet. One of its main focuses has been building and deploying a blockchain-based protocol that Project Liberty claims will give people more control over their data online.
McCourt also previously invested in another social network called MeWe, a privacy-focused platform that became popular with far-right users after Facebook and Twitter deactivated many of their accounts in the wake of the US Capitol riot on January 6. In 2022, MeWe announced it was migrating its entire platform over to Project Liberty’s decentralized social networking protocol, and it’s possible McCourt could do the same thing with TikTok.
Anna Feagan, a spokesperson for Project Liberty, says McCourt and his team are currently focused on putting together their bid for TikTok, but are committed to finding the right technological solutions for the platform. She adds that so far, they have not been in contact with ByteDance.
New York University professor Jonathan Haidt, a leading voice of the movement arguing that smartphones and social media are causing grave harm to children, says he supports McCourt’s plan for TikTok. “What a creative approach to changing social media: Assemble a consortium to buy TikTok and make it better, on an architecture that respects users' rights,” he said in a post on X.
TikTok, however, has made it clear that it does not want to sell its US operations, and is fighting the legality of the new divest-or-ban law in court. TikTok did not respond to a request for comment about the acquisition plans announced by McCourt and other investors.
This has done little to deter a growing list of other business moguls who have also expressed interest in acquiring the app, which has been under government scrutiny in the US for four years over alleged national security concerns stemming from its Chinese ownership. One of them is former Treasury secretary Steven Mnuchin, who said earlier this week he too was assembling a group of investors to make a bid for TikTok. He first hinted about the plan in March before the divestiture bill passed into law.
Mnuchin told Bloomberg he understands that the Chinese government is unlikely to allow ByteDance to sell TikTok’s algorithm, but he planned to “rebuild the technology.” That would be quite a lofty endeavor, especially given that TikTok competitors like YouTube and Meta have been trying to copy its product for years with only mixed success.
There’s at least one existing business connection between Mnuchin and TikTok: They are both backed by Japan’s SoftBank, which has stakes in ByteDance and in Liberty Strategic Capital, the private equity firm Mnuchin set up after he left office. A representative from Liberty Strategic Capital did not immediately return a request for comment about Mnuchin’s TikTok acquisition strategy.
Former Activision CEO Bobby Kotick has reportedly considered buying TikTok as well. He even floated the idea to Zhang Yiming, the former CEO of ByteDance who retains a roughly 20 percent stake in the company, the Wall Street Journal reported in March. Around the same time, Canadian businessman and Shark Tank judge Kevin O'Leary told Fox News that the app is “not going to get banned, ’cause I’m gonna buy it.”
O’Leary did not immediately return a request for comment about whether he was seriously interested in TikTok. Kotick could not be reached for comment.
All of TikTok’s potential suitors would be facing an uphill battle to close a deal. The first challenge will be raising enough money. Only a small number of the world’s largest companies likely have enough cash on hand to acquire the app outright, and so far, they haven’t publicly voiced an interest in the platform. That’s a big change from four years ago when then-president Donald Trump first tried to force ByteDance to sell TikTok. At the time, Microsoft, Oracle, and Walmart were among the most promising buyers for the app.
But the even bigger problem that investors face is the fact that TikTok doesn’t seem to think a sale would even be possible, let alone desirable. In a lawsuit it filed against the US government last week, TikTok argued the divestiture bill violated the First Amendment and claimed severing its American operations from ByteDance was “not commercially, technologically, or legally feasible.”
TikTok noted that the Chinese government has “made clear” that it would not permit the company to sell its recommendation algorithm to a foreign buyer, citing regulations that Beijing introduced after Trump first targeted TikTok in 2020. The measures put limits on the export of certain technologies such as “personal interactive data algorithms.”
Even if a sale were politically possible, TikTok argued the move would “disconnect Americans from the rest of the global community” on the platform, in possibly the same way that the Chinese version of the app is restricted only to people in China. TikTok added that it would take a team of new engineers years to sift through its source code and “gain sufficient familiarity” with it to run the app effectively.
A group of TikTok creators filed a separate lawsuit against the federal government earlier this week arguing that the divest bill violated their free speech rights. (TikTok is paying their legal fees.) Separating TikTok from ByteDance, they said, “is infeasible, as the company has stated and as the publicly available record confirms.”
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SOURCE PROTOCOL
SOURCE is building limitless enterprise applications on a secure and sustainable global network. Defi white-labelled services, NFT markets, RWA tokenization, play-to-earn gaming, Internet of Things, data management and more. SOURCE is providing blockchain solutions to the real world and leveraging the power of interoperability.
SOURCE competitive advantages over other blockchain projects
For builders & developers — Source Chain’s extremely high speeds (2500–10000+ tx / per second), low cost / gas fees ($0.01 average per tx), and scalability (developers can deploy apps in multiple coding languages using CosmWasm smart contract framework), set it apart as a blockchain built to handle mass adopted applications and tools. Not to mention, it’s interoperable with the entire Cosmos ecosystem.
For users — Source Protocol’s DeFi suite is Solvent and Sustainable (Automated liquidity mechanisms create a continuously self-funded, solvent and liquid network), Reduces Complexity (we’re making Web 3.0 easy to use with tools like Source Token which automate DeFi market rewards), and we’ve implemented Enhanced Security and Governance systems (like Guardian Nodes), which help us track malicious attacks and proposals to create a safer user environment.
For Enterprises — Source Protocol is one of the first to introduce DeFi-as-a-Service (DaaS) in order for existing online banking and fintech solutions to adopt blockchain technology with ease, and source also provides Enterprise Programs which are complete with a partner network of OTC brokerages, crypto exchanges, and neobanks that create a seamless corporate DeFi experience (fiat onboarding, offboarding, and mutli-sig managed wallets)
Why Source Protocol
Firstly, many protocols are reliant on centralized exchanges for liquidity, limiting their ability to scale independently. This creates a lot of the same issues traditional finance has been plagued with for decades.
Next — slow tx speeds, high costs, limited scalability, and inability to collaborate with other chains, has created severe limitations in Gen 2 blockchain infrastructure.
Lastly, there still exists a level of complexity in blockchain applications that remains a barrier to entry for the average user, and there is not enough focus on building “bridges” for the enterprise to adopt this technology easily and quickly.
In summary, consumers are eager for a blockchain ecosystem that can securely and sustainably support mass adopted applications. That’s why we’ve built Source!
Source Protocol’s ecosystem
Source Protocol’s ecosystem includes a full DeFi Suite, a members rewards program and white-label integration capabilities with existing online Web 2.0 enterprises:
Source Swap — An Interchain DEX & AMM built on Source Chain for permission-less listing of $SOURCE-based tokens, native Cosmos SDK assets, cw-20’s, and wrapped Binance Smart Chain (BEP-20) assets.
Source One Market — A peer to peer, non-custodial DeFi marketplace for borrowing, lending, staking, and more. Built on Binance Smart Chain with bridging to Source Chain & native Cosmos SDK assets.
Source Token $SRCX (BEP-20) — the first automated liquidity acquisition and DeFi market participation token built on Binance Smart Chain.
Source One Token $SRC1 (BEP-20) — a governance and incentivized earnings token that powers Source One Market.
Source USX $USX (BEP-20) — Source One Market stablecoin backed and over collateralized by a hierarchy of blue chip crypto assets and stablecoins.
Source Launch Pad — Empowering projects to seamlessly distribute tokens and raise liquidity. ERC-20 and BEP-20 capable.
Source One Card & Members Rewards Program — users can earn from a robust suite of perks and rewards. In the future, Source One Card will enable users to swipe with their crypto assets online and at retail locations in real time.
DeFi-as-a-Service (DaaS) — Seamless white-label integration of Source One Market, Source Swap, Source Launch Pad, and/or Source One Card with existing online banking and financial applications, allowing businesses to bring their customers DeFi capabilities.
Source Protocol Key Components
Sustainable Growth model built for enterprise involvement and mass application adoption
Guardian Validator Nodes for enhanced network security
Integration with Source Protocol’s Binance Smart Chain Ecosystem and Decentralized Money Market, Source One Market
Source-Drop (Fair community airdrop and asset distribution for ATOM stakers and SRCX holders)
Interoperable smart contracts (IBC)
High speed transaction finality
Affordable gas fees (average of $0.01 per transaction)
Highly scalable infrastructure
Open-source
Permission-less Modular Wasm + (EVM)
Secured on-chain governance
Ease of use for developers
conclusion
SOURCE is a comprehensive blockchain technology suite for individuals, enterprises and developers to easily use, integrate and build web3.0 applications. It is a broad-spectrum technology ecosystem that transforms centralized web tools and financial instruments into decentralized ones. Powering the future of web3,
Next — slow tx speeds, high costs, limited scalability, and inability to collaborate with other chains, has created severe limitations in Gen 2 blockchain infrastructure.
Lastly, there still exists a level of complexity in blockchain applications that remains a barrier to entry for the average user, and there is not enough focus on building “bridges” for the enterprise to adopt this technology easily and quickly.
In summary, consumers are eager for a blockchain ecosystem that can securely and sustainably support mass adopted applications. That’s why we’ve built Source!
For More Information about Source Protocol
Website: https://www.sourceprotocol.io
Documents: https://docs.sourceprotocol.io
Twitter: https://www.twitter.com/sourceprotocol_
Instagram: https://www.instagram.com/sourceprotocol
Telegram: https://t.me/sourceprotocol
Discord: https://discord.gg/zj8xxUCeZQ
Author
Forum Username: Java22
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3443255
SOURCE Wallet Address: source1svnzfy5fafuskeaxmf2sgvgcn6k3sggmssl8d7
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WEEX has become the initial CEX collaboration platform for Shibarium and will work together with Shibarium's top-tier projects in the ecosystem on Launchpad
BlockBeats news, on June 11, the crypto trading platform WEEX announced a strategic partnership with the Ethereum L2 project Shibarium, and will select high-quality targets from the thousands of projects on the Shibarium chain for Launchpad and coin listing cooperation to support the development of the Shiba Inu (SHIB) community. Shiba Inu development advocates have agreed to use WEEX as the preferred CEX cooperation platform for Shibarium hackathons and qualified new projects in the global developer community.
In addition, in August this year, WEEX Global VP Andrew Weiner will attend the "Blockchain Futurist Conference" co-hosted by Shiba Inu and K9 Finance DAO. K9 Finance DAO (KNINE) will be the first cooperation project and will be the beginning of their deep partnership.
Shibarium is an Ethereum Layer 2 scaling solution that aims to solve the high gas fees and slow transaction speeds in the Shiba Inu ecosystem. It uses Bone ShibaSwap (BONE) tokens as gas fees and provides faster transaction speeds and lower costs. K9 Finance DAO is the official DeFi protocol of SHIB, which aims to introduce decentralized finance to Shibarium and incentivize developers to build products on Shibarium through rewards. It is expected that up to 1,000 projects will be created on Shibarium in the next 12 months. WEEX Launchpad is one of the important use cases of WEEX platform currency WXT, which will provide exclusive airdrops for popular projects to WXT holders. What is WEEX WXT:
Know WXT: https://markets.businessinsider.com/news/stocks/weex-launches-wxt-presale-affiliates-can-purchase-at-a-30-discount-with-invitation-points-1033442484
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Bitcoin: The Only Truly Decentralized Cryptocurrency
In the rapidly evolving landscape of cryptocurrencies, decentralization is often touted as a core principle. However, not all digital currencies live up to this ideal. Among thousands of cryptocurrencies, Bitcoin stands out as the only one that truly exhibits decentralization, making it unique and invaluable.
What is Decentralization?
Decentralization refers to a system where control isn’t held by a single entity or small group. In cryptocurrency, this concept ensures that no government, organization, or individual has undue influence over the network. Decentralization brings crucial benefits, such as increased security, censorship resistance, and transparency.
Bitcoin’s Decentralized Foundations
Bitcoin, conceived in 2008 by Satoshi Nakamoto, was designed to operate in a decentralized manner from the outset. Key elements like its peer-to-peer network, proof-of-work consensus, and distributed ledger ensure that control over Bitcoin is not concentrated.
Peer-to-Peer Network: Every node in the Bitcoin network has equal status, contributing to the validation of transactions.
Proof-of-Work: Bitcoin mining uses proof-of-work to secure the network through computational power, preventing any single entity from dominating.
Distributed Ledger: Bitcoin’s blockchain is maintained by thousands of nodes globally, ensuring the ledger remains tamper-resistant and transparent.
Contrasting Other Cryptocurrencies
Despite claims of decentralization, many cryptocurrencies exhibit centralized control due to their governance models, development teams, or token distribution.
Ripple (XRP):
Ripple Labs holds a significant portion of the total XRP supply and directly controls the development and direction of the network. Its consensus protocol relies on a trusted list of validators chosen by the company, creating a stark contrast with Bitcoin’s permissionless network.
Binance Coin (BNB):
As the in-house token of the centralized Binance exchange, Binance Coin’s governance and supply are influenced by Binance itself. The company determines how and when to burn tokens, directly impacting supply.
Cardano (ADA):
Cardano’s governance is centralized through three key organizations: the Cardano Foundation, IOHK, and Emurgo. While the network employs staking pools for validation, the concentration of control remains within these organizations.
Tether (USDT):
Tether is managed centrally by Tether Limited, which controls the issuance and redemption of the stablecoin. Recent controversies over reserve transparency highlight the risks of centralization.
Risks of Centralization
Centralization poses various risks to cryptocurrency networks. Systems controlled by a small group or entity are vulnerable to:
Regulation: Governments can easily target centralized entities, limiting the currency’s usage.
Single Points of Failure: Centralized systems can suffer catastrophic failures if the controlling entity is compromised.
Market Manipulation: Central entities can manipulate supply or governance decisions to their advantage.
Bitcoin’s Decentralization in Practice
Bitcoin’s decentralized nature has protected it from censorship and interference, allowing it to thrive even under intense scrutiny. Its open network ensures that anyone can participate and contribute to securing the blockchain, making it resilient against regulatory and market pressures.
Conclusion
Bitcoin remains the most decentralized cryptocurrency, setting the standard for how digital currencies should operate. It offers a model that ensures fairness, transparency, and security, while others still rely on centralized control to varying degrees. Investors should consider this aspect carefully, recognizing the value of true decentralization when navigating the cryptocurrency landscape.
#Bitcoin#Cryptocurrency#Decentralization#Blockchain#Ripple#Binance#Cardano#Tether#CryptoInvesting#DigitalCurrency#CryptoCommunity#CryptoNews#unplugged financial#financial education#financial empowerment#finance#financial experts
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Top 5 AI Meme Coins for 2024
Explore the most promising AI-driven meme coins of 2024. We've curated a selection of top AI meme coins for you to consider investing in this year. Uncover their unique features and more in this article.
The AI Meme Coins Trend
Artificial intelligence (AI) is rapidly permeating various sectors, from technology to blockchain. This expansion into the crypto world has been notably well-received, bringing a fresh perspective to the market. AI's integration with meme coins is now captivating even the most experienced traders.
Unlike Dogecoin and Shiba Inu, which have faced substantial criticism, this emerging trend in AI meme coins is generating positive buzz and substantial excitement. Analysts believe that merging AI with meme coins could potentially transform the industry.
AI enhances user experience, scalability, and blockchain security, drawing significant interest from the crypto community. AI crypto tokens are now widely adopted for diverse applications such as portfolio management, decentralized marketplaces, and blockchain governance.
Let’s delve into the top five AI meme coins making waves in 2024:
1. BUSAI: A Panda Powered-Meme Project 2024
First and foremost, you can't overlook BUSAI, an innovative digital asset built on the Solana blockchain, distinguishing itself as a premier AI meme coin in 2024.
The project is designed to integrate artificial intelligence (AI) with blockchain technology, focusing on stimulating AI development and fostering creative content creation within a vibrant community. BUSAI’s unique approach and robust infrastructure position it as a promising investment opportunity this year.
Currently, the BUSAI community is buzzing with excitement and experiencing a FOMO frenzy due to numerous pre-listing projects, allowing everyone to hunt for tokens for free. Additionally, there are two presale rounds, offering a golden opportunity to purchase tokens at lower prices before the anticipated price surge upon listing.
2. Arbdoge AI: A Community-Driven Revolution
Arbdoge AI, the most ambitious project within the Arbitrum ecosystem, stands out for its community-centric approach. Unlike many other ventures, it is not funded by venture capitalists nor does it allocate shares to a specific team. Instead, all tokens are equitably distributed among community members, marking a bold move in the crypto space.
The dedicated team behind Arbdoge AI is committed to collaborating with the community to develop a comprehensive suite of products leveraging artificial intelligence and Web3 technology.
3. KAI: The Crypto Cat's Comeback
KAI, a former feline-themed cryptocurrency, is making a playful yet strategic return to challenge major market players. The project blends humor with real-world utility, offering staking rewards and business opportunities.
4. Byte: AI Memecoin With Cryptonote Protocol
Bytecoin leverages the Cryptonote protocol for private transactions, prioritizing user privacy. Transactions occur on a decentralized Bytecoin blockchain, enabling direct user-to-user transactions without intermediaries, maintaining participants' anonymity.
5. Turbo: Once an AI-Based Meme Coin for 2023
Turbo Coin is designed for rapid and seamless transactions, living up to its name with fast processing speeds within its blockchain network. The technology ensures scalability and quick transaction verification through an efficient consensus mechanism.
Turbo Coin may introduce the Lightning Network as a Layer 2 solution for real-time micropayments, enhancing speed and usability. In the competitive crypto market, Turbo Coin aims to provide a fast and reliable payment system for all users.
Source: Compiled
The BUSAI Official Channel: Website | Twitter | Telegram
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🎙️ UniLend Finance
#UniLend’s V2 Permissionless Lending & Borrowing DApp is now listed on DappRadar! 🎉
🗺 DappRadar is the World’s dapp store, and the starting point for the discovery of decentralized applications (dapps) across all blockchains and product categories.
📊Seamlessly track, conduct in-depth analysis, and gain insights into UniLend V2 permissionless protocol.
📲Track dApp here:
https://dappradar.com/dapp/unilend-v2
🗣 For more Information on #UniLend
🌎 https://unilend.finance/
#Crypto #DeFi #Web3 #Blockchain #UniLendV2 #altcoins #GEM #buy #HODL #UFT $UFT 🚀🚀
#UnilendV2Mainnet 🚀🚀
#blockchain#crypto#defi#marketing#investing#cryptocommunity#cryptocurency news#cryptocurrency#cryptocurreny trading#unilendv2
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25 Python Projects to Supercharge Your Job Search in 2024
Introduction: In the competitive world of technology, a strong portfolio of practical projects can make all the difference in landing your dream job. As a Python enthusiast, building a diverse range of projects not only showcases your skills but also demonstrates your ability to tackle real-world challenges. In this blog post, we'll explore 25 Python projects that can help you stand out and secure that coveted position in 2024.
1. Personal Portfolio Website
Create a dynamic portfolio website that highlights your skills, projects, and resume. Showcase your creativity and design skills to make a lasting impression.
2. Blog with User Authentication
Build a fully functional blog with features like user authentication and comments. This project demonstrates your understanding of web development and security.
3. E-Commerce Site
Develop a simple online store with product listings, shopping cart functionality, and a secure checkout process. Showcase your skills in building robust web applications.
4. Predictive Modeling
Create a predictive model for a relevant field, such as stock prices, weather forecasts, or sales predictions. Showcase your data science and machine learning prowess.
5. Natural Language Processing (NLP)
Build a sentiment analysis tool or a text summarizer using NLP techniques. Highlight your skills in processing and understanding human language.
6. Image Recognition
Develop an image recognition system capable of classifying objects. Demonstrate your proficiency in computer vision and deep learning.
7. Automation Scripts
Write scripts to automate repetitive tasks, such as file organization, data cleaning, or downloading files from the internet. Showcase your ability to improve efficiency through automation.
8. Web Scraping
Create a web scraper to extract data from websites. This project highlights your skills in data extraction and manipulation.
9. Pygame-based Game
Develop a simple game using Pygame or any other Python game library. Showcase your creativity and game development skills.
10. Text-based Adventure Game
Build a text-based adventure game or a quiz application. This project demonstrates your ability to create engaging user experiences.
11. RESTful API
Create a RESTful API for a service or application using Flask or Django. Highlight your skills in API development and integration.
12. Integration with External APIs
Develop a project that interacts with external APIs, such as social media platforms or weather services. Showcase your ability to integrate diverse systems.
13. Home Automation System
Build a home automation system using IoT concepts. Demonstrate your understanding of connecting devices and creating smart environments.
14. Weather Station
Create a weather station that collects and displays data from various sensors. Showcase your skills in data acquisition and analysis.
15. Distributed Chat Application
Build a distributed chat application using a messaging protocol like MQTT. Highlight your skills in distributed systems.
16. Blockchain or Cryptocurrency Tracker
Develop a simple blockchain or a cryptocurrency tracker. Showcase your understanding of blockchain technology.
17. Open Source Contributions
Contribute to open source projects on platforms like GitHub. Demonstrate your collaboration and teamwork skills.
18. Network or Vulnerability Scanner
Build a network or vulnerability scanner to showcase your skills in cybersecurity.
19. Decentralized Application (DApp)
Create a decentralized application using a blockchain platform like Ethereum. Showcase your skills in developing applications on decentralized networks.
20. Machine Learning Model Deployment
Deploy a machine learning model as a web service using frameworks like Flask or FastAPI. Demonstrate your skills in model deployment and integration.
21. Financial Calculator
Build a financial calculator that incorporates relevant mathematical and financial concepts. Showcase your ability to create practical tools.
22. Command-Line Tools
Develop command-line tools for tasks like file manipulation, data processing, or system monitoring. Highlight your skills in creating efficient and user-friendly command-line applications.
23. IoT-Based Health Monitoring System
Create an IoT-based health monitoring system that collects and analyzes health-related data. Showcase your ability to work on projects with social impact.
24. Facial Recognition System
Build a facial recognition system using Python and computer vision libraries. Showcase your skills in biometric technology.
25. Social Media Dashboard
Develop a social media dashboard that aggregates and displays data from various platforms. Highlight your skills in data visualization and integration.
Conclusion: As you embark on your job search in 2024, remember that a well-rounded portfolio is key to showcasing your skills and standing out from the crowd. These 25 Python projects cover a diverse range of domains, allowing you to tailor your portfolio to match your interests and the specific requirements of your dream job.
If you want to know more, Click here:https://analyticsjobs.in/question/what-are-the-best-python-projects-to-land-a-great-job-in-2024/
#python projects#top python projects#best python projects#analytics jobs#python#coding#programming#machine learning
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What is Bullion Coin (BLO)?
Bullion is a cutting-edge DeFi platform that is designed and introduced to help you grow your cryptocurrencies effortlessly. With Bullion, you can earn passive income like never before. Our innovative protocols provide opportunities for yield farming, staking, and liquidity provision, all while ensuring the utmost security and transparency.
Be a Bullioniare!
Introducing you to the all-new Bullion Coin (BLO asset) which is a powerful standard multi-chain cryptocurrency backed by bullion assets such as gold, silver, and platinum for you to boost your earnings up to 100X. This asset is issued by Bullion Defi — a decentralised finance platform for you to lend, borrow, and earn interest in order to stake bullion assets.
BLO coin was developed and introduced to offer a secure, transparent, and scalable platform to imply bullion trading and get better investment options. The asset denotes the value of its decentralized application and serves as a mechanism in terms of utility in the ecosystem. This asset is planned to be released in different standard blockchains including BEP20, ERC20, SOL51, POLYGON, etc.
Some of the functionalities, opportunities, and benefits of Bullion Coin BLO are as follows:
- It is pegged to the value of bullion assets that gets stored in safe vaults and audited on serial regular basis.
- It has low volatility giving a user high liquidity due to the easy exchange of bullion assets or any other cryptocurrencies.
- It provides high returns for staking where you can earn much interest/rewards by locking your owned/held BLO coins in smart contracts.
- It allows you to access the global market and wide opportunities for bullion trading and investment where you can feasibly interact with other participants on the blockchain network.
- It supports the development and exploration of the bullion industry while leveraging the adoption of blockchain technology as well as great innovation in the sector.
Bullion DeFi project is on the verge of building, innovating, and exploring one of the biggest and strongest communities that will believe in the core intention, and potential of the project. The team and project consider the community not to be only the holder of the BLO assets but also to hold the right to share technical/promotional suggestions getting all involved in the decision-making activities and betterment of the project.
This project intends to develop, initiate, and promote the BLO ecosystem to eventually dedicate its resources to research, development, and governance. Bullion Coin is a utility token which is not supposed to hold any value outside the BLO ecosystem.
Total Supply: 20 million (20,000,000 BLO)
· Seed Sale: 6%
· Presale: 4%
· Staking: 36%
· Scheduled minting: 30%
· Marketing: 5%
· Development: 5%
· Team Reserve: 3%
· Initial Developers reserve: 1%
· Contract Royalty: 10%
To buy Bullion Coin BLO, follow the below-mentioned steps:
Step 1: Apply and get a compatible wallet to store BLO coins. You have the option to download the official Bullion Defi wallet from the official website or apply to any other wallet supporting ERC-20 tokens.
Step 2: Hold some cryptocurrency in your wallet, as BLO coins are deployed and support the Ether blockchain protocols. So, you hold some cryptocurrency exchange from Coinbase or Binance.
Step 3: Swap your Ethereum assets for BLO coins on a decentralized exchange that lists BLO coins like Uniswap or say SushiSwap. Check out the contract address and the token symbol of BLO coins from the Bullion Defi official portal.
Step 4: Finally, confirm the transaction and wait for the time period to get processed by the blockchain network. Once approved, you get the amount of BLO coins in your wallet balance.
If you are interested and want to learn more about Bullion Coin (BLO) and the Bullion Defi project, you can visit the official website or read out the whitepaper. You can also follow the team on social media channels like Twitter and Telegram.
website: https://www.bulliondefi.com/
Twitter: https://twitter.com/bulliondefi
Facebook: https://www.facebook.com/BullionDefi
Telegram: https://t.me/bulliondefi
Reddit: https://www.reddit.com/user/bulliondefi
#Bullion Defi#Bullion Coins#Defi#Blo#blockchain#Blo Tokenomics#Bullion#Bullion Defi Swap#Bullion Dex#Defi Earning
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Prawns Swap: The Next Generation AI-Driven DeFi Platform
The decentralized finance (DeFi) space continues to evolve rapidly, pushing the boundaries of what's possible with blockchain technology. In this dynamic landscape, Prawns emerges as a groundbreaking coin and platform that aims to revolutionize the way users engage with DeFi protocols. Prawns Swap, powered by artificial intelligence (AI), offers a host of innovative features, including AI pathfinding, MEV protection, batch auctioning, multichain compatibility, and more. Let's delve deeper into the world of Prawns and explore how it is poised to disrupt the DeFi ecosystem.
Prawns swap Launching Soon Join Presale And Buy Tokens Now
Token Info Total supply 35,000,000 million Presale price 1 BNB = 2800 PRAWNS Exchange listing on Pancakeswap, Uniswap, Binance soon and more exchanges
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What are the Key Features of the PancakeSwap Clone Script?
PancakeSwap clone script is a ready-made DEX solution that includes key features and functions for building a comprehensive decentralized exchange platform quickly. So, to run a profitable DEX like PancakeSwap by building a full-fledged decentralized exchange within your budget is possible with a ready-to-use and remarkable PancakeSwap script
Plurance's PancakeSwap clone script is designed to replicate the features and functionalities of the original PancakeSwap decentralized exchange (DEX). Here are some typical features of a PancakeSwap clone script:
Token Swapping: The PancakeSwap clone enables users to quickly swap or trade tokens. It allows for the exchange of a wide range of tokens, including popular cryptocurrencies and newly launched tokens.
Liquidity Pools: By placing tokens into liquidity pools, users can participate in liquidity provision. Transactions on the exchange earn liquidity providers' fees.
Yield Farming: The PancakeSwap clone contains yield farming efficiency, which allows users to stake their tokens in liquidity pools and obtain extra tokens as a return. Users can select from a number of farming options.
Staking: The clone includes staking functionality, which allows users to lock their tokens for a specified duration of time in order to collect rewards. Staking frequently entails obtaining platform tokens or other prizes.
Decentralized Governance: The PancakeSwap clone frequently contains decentralized governance factors. Token holders have the ability to participate in decision-making processes, develop and vote on platform changes, and guide the exchange's future.
Integration with User Wallets: The clone allows for integration with a variety of user wallets, including MetaMask, Trust Wallet, and other compatible wallets, to enable seamless connectivity and transactions.
Token Listings: Users can find and trade a broad variety of tokens that are listed on the market. Token projects may apply for listing, according to the clone's listing standards and processes.
User design: The PancakeSwap clone has an intuitive interface that allows users can simply explore the exchange, analyze token information, check pool details, and make trades.
Analytics and Charts: Users can track token prices, liquidity pool performance, and historical data to make informed decisions.
Security methods: PancakeSwap clone script employs strong security methods to guarantee the protection of user funds and data, including audited smart contracts, encryption protocols, and account security features.
Fee Structure: Our PancakeSwap clone script establishes a fee structure in which transaction fees for swaps, liquidity provision, and other activities may be charged. The price range can be tailored to the needs of the clone.
Multichain Compatibility: Our PancakeSwap clone script is built to support many blockchain networks, allowing users to interact with various chains and assets.
Do you want to include additional features and functionalities based on your DEX concepts and needs? It is possible with our dynamically adaptable PancakeSwap clone script. We have more than a decade of experience in crafting unique clone scripts for various decentralized exchange models. With this rich expertise, our experts have developed a remarkable PancakeSwap script with responsive design and the trendiest technologies. Plurance is a well-known decentralized exchange clone script provider in the crypto space. As a top provider of crypto exchange clone scripts, we have extensive experience in building all types of ready-made decentralized exchange software with exceptional trading capabilities and an outstanding dashboard. Plurance offers you a cutting-edge PancakeSwap clone script that allows you to rapidly establish a decentralized exchange that is 100% similar to PancakeSwap.
To say in a nutshell, to make your decentralized exchange platform a successful one, use our multi-tested PancakeSwap clone script to develop your own blockchain-based DEX like PancakeSwap in a short span of time.
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Redefining E-Commerce Success: Unlock Global Trade with an Alibaba Clone
The e-commerce industry has witnessed unprecedented growth, with platforms like Alibaba setting global benchmarks. Businesses aiming to tap into this thriving sector need innovative solutions that cater to the evolving demands of buyers and suppliers. An Alibaba Clone is more than just a replica—it’s your gateway to creating a scalable, feature-rich marketplace tailored to your vision.
This article explores the key features, benefits, and trends shaping Alibaba Clone solutions, offering actionable insights for those ready to dominate the online trading arena.
Understanding the Alibaba Clone Model
An Alibaba Clone is a ready-made marketplace framework inspired by the success of Alibaba. It connects buyers and suppliers on a single platform, enabling seamless trade across industries.
Unlike building a marketplace from scratch, the clone provides a head start with customizable features. Entrepreneurs can modify the platform to suit specific markets or niches, saving time and resources while staying competitive.
Essential Features of a Robust Alibaba Clone
Building a successful e-commerce platform requires incorporating features that ensure user satisfaction and operational efficiency:
Multi-Vendor Management Allow sellers to register, list products, and manage their stores independently within the platform.
Intelligent Product Search AI-powered search filters and recommendation systems make it easier for buyers to find what they need.
Cross-Border Payment Solutions Support for multiple currencies, payment gateways, and secure transactions ensures smooth global trade.
User-Friendly Design A responsive and intuitive interface across devices boosts user engagement and retention.
Customizable Admin Panel Provide administrators with tools to monitor sales, manage vendors, and oversee platform operations seamlessly.
Integrated Communication Tools Enable real-time interactions between buyers and sellers via chat or video call, building trust and transparency.
Secure and Scalable Infrastructure Leverage advanced security protocols and cloud solutions to ensure uninterrupted growth and user data protection.
Why Entrepreneurs Choose an Alibaba Clone
The Alibaba Clone is a powerful tool for anyone looking to establish a successful marketplace. Here’s why:
1. Quick Market Entry
Skip the lengthy development phase and launch your platform faster with a pre-built solution.
2. Customizable to Fit Your Vision
Tailor the clone to cater to specific industries, regions, or customer bases, ensuring a unique market position.
3. Cost Efficiency
Avoid the high costs of building an e-commerce platform from scratch while still accessing premium features.
4. Global Scalability
Expand your reach effortlessly with infrastructure designed to handle cross-border trade and high traffic volumes.
5. Proven Success Model
Alibaba’s blueprint has proven its efficacy—leverage it to build a platform that resonates with users worldwide.
Emerging Trends in E-Commerce and Marketplace Platforms
Staying ahead of trends ensures your Alibaba Clone remains competitive. Here are some innovations to consider:
AI-Driven Operations From predictive analytics to personalized user experiences, AI is shaping the future of e-commerce.
Blockchain Integration Use blockchain for secure transactions, transparent supply chains, and digital contracts.
Eco-Friendly Initiatives Appeal to eco-conscious consumers by integrating green policies, such as carbon-neutral deliveries.
Immersive Shopping Experiences Augmented reality (AR) and virtual reality (VR) enable users to visualize products before purchasing.
Omnichannel Integration Seamlessly connect your platform with social media, offline stores, and other sales channels.
How Miracuves Solutions Powers Your Marketplace Vision
When it comes to building your Alibaba Clone, trust matters. Miracuves Solutions combines cutting-edge technology with industry expertise to deliver a platform tailored to your needs.
Our Alibaba Clone solutions are designed with scalability, security, and user experience at their core. With features like multi-vendor support, AI-driven analytics, and robust payment gateways, Miracuves empowers businesses to launch platforms that inspire trust and drive growth.
By choosing Miracuves, you gain access to:
Customizable Frameworks: Tailor the platform to match your business goals.
Future-Ready Technology: Integrate AI, blockchain, and other innovations seamlessly.
Expert Support: Benefit from a dedicated team that ensures smooth implementation and operation.
Final Thoughts: Seize Your E-Commerce Opportunity
An Alibaba Clone isn’t just a replica of a successful marketplace—it’s a launchpad for your entrepreneurial journey. Whether you aim to build a regional marketplace or a global trading hub, this solution provides the tools and flexibility you need to succeed.
By focusing on user experience, scalability, and innovation, your platform can stand out in a crowded marketplace. Partner with Miracuves Alibaba Clone Solutions today to turn your vision into reality and lead the future of online trade.
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Cryptocurrency Regulation Updates: What You Need to Know
Introduction
The world of cryptocurrency is evolving rapidly, and with it comes the growing influence of regulatory frameworks. Cryptocurrency regulation updates play a pivotal role in shaping the future of digital assets, impacting investors, businesses, and developers. At Crypto Digital Insight, we provide expert coverage of these updates, helping you stay ahead in the dynamic world of crypto regulations.
What Are Cryptocurrency Regulation Updates?
Cryptocurrency regulation updates refer to changes, revisions, and new policies introduced by governments and financial bodies to govern the use, trading, and taxation of cryptocurrencies. These regulations aim to balance innovation with security and ensure a fair playing field for all stakeholders.
Why Are Cryptocurrency Regulations Important?
1. Protecting Investors
Regulations safeguard investors from fraudulent schemes and ensure that crypto platforms adhere to industry standards.
2. Promoting Market Stability
Clear guidelines reduce volatility by preventing illegal practices like market manipulation.
3. Encouraging Innovation
Well-defined regulations encourage blockchain innovations while ensuring compliance with laws.
4. Enhancing Security
Government oversight helps prevent money laundering and other illicit activities.
Key Cryptocurrency Regulation Updates in the USA
1. IRS Tax Reporting Requirements
The IRS has tightened its grip on cryptocurrency taxation. As of 2024, individuals must report all crypto-related transactions on their tax filings.
2. SEC’s Approach to Crypto Tokens
The SEC continues to scrutinize crypto tokens, classifying them as securities or commodities. This affects Initial Coin Offerings (ICOs) and token listings.
3. Stablecoin Legislation
Stablecoins are under review, with proposed guidelines for transparency, reserve backing, and operational standards.
4. Anti-Money Laundering (AML) Compliance
Exchanges are now required to implement stricter AML measures, including detailed Know Your Customer (KYC) protocols.
5. Federal Reserve’s Digital Dollar Initiative
The Fed is exploring a Central Bank Digital Currency (CBDC) to complement the current financial system, aiming to compete with cryptocurrencies like Bitcoin and Ethereum.
How These Updates Impact Crypto Stakeholders
1. For Investors
Stronger regulations build trust, attracting more institutional investors to the market.
2. For Businesses
Companies accepting crypto payments must adhere to tax and compliance laws, increasing operational transparency.
3. For Developers
Stricter frameworks guide developers in creating secure and compliant blockchain applications.
Challenges in Cryptocurrency Regulation
1. Maintaining Decentralization
Striking a balance between regulation and the decentralized ethos of crypto is challenging.
2. Global Disparities
Different countries adopt varying regulatory approaches, complicating cross-border crypto activities.
3. Rapid Innovation
The fast-paced evolution of blockchain technology often outpaces regulatory frameworks.
Global Trends in Crypto Regulation
1. Europe’s MiCA Regulation
The Markets in Crypto-Assets (MiCA) framework sets unified crypto regulations across the European Union.
2. China’s CBDC Launch
China has embraced its digital yuan, while banning other cryptocurrencies.
3. El Salvador’s Bitcoin Adoption
El Salvador’s decision to make Bitcoin legal tender has set a precedent for crypto-friendly policies.
Why Choose Crypto Digital Insight for Cryptocurrency Regulation Updates?
Crypto Digital Insight is your trusted source for accurate, real-time updates on cryptocurrency regulations. Here’s why we stand out:
Expert Insights: Our team of analysts breaks down complex regulations into easy-to-understand insights.
Timely Updates: Stay informed with the latest developments in crypto regulation.
Actionable Information: We offer practical advice for navigating the evolving regulatory landscape.
Learn more at Crypto Digital Insight.
Future of Cryptocurrency Regulations
1. Enhanced Global Cooperation
Countries are expected to collaborate on unified regulatory frameworks to manage cross-border transactions.
2. Focus on DeFi and NFTs
Regulations will expand to address emerging sectors like decentralized finance (DeFi) and non-fungible tokens (NFTs).
3. Stricter Compliance for Exchanges
Exchanges will face tighter rules regarding security, transparency, and reporting.
Conclusion
Cryptocurrency regulation updates are crucial for creating a secure, transparent, and thriving crypto ecosystem. By understanding these updates, you can navigate the ever-changing crypto landscape with confidence. At Crypto Digital Insight, we are dedicated to keeping you informed with reliable and actionable insights.
FAQs
1. What are cryptocurrency regulation updates?They refer to changes in laws and policies governing cryptocurrencies to ensure compliance and security.
2. How do regulations impact crypto investments?Regulations enhance trust and transparency, attracting more investors to the market.
3. What is the role of the SEC in crypto regulation?The SEC oversees crypto token classifications, ensuring compliance with securities laws.
4. How can I stay updated on crypto regulations?Follow trusted platforms like Crypto Digital Insight for the latest updates.
5. What makes Crypto Digital Insight unique?Our expert analysis, timely updates, and actionable guides make us the top choice for crypto news in the USA.
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To date, 8 crypto coins already meet the ISO 20022 standard: XRP (XRP), Stellar Lumens (XLM), XDC Network (XDC), Algorand (ALGO), and Iota (IOTA), Hedera Hashgraph (HBB AR), Quant (QNT) and Cardano (ADA). Two of them do not just comply with ISO 20022, they are members of the ISO 20022 standardization body. These currencies are XRP and Stellar Lumens.
List of ISO 20022 compliant cryptocurrencies in 2024
XRP (XRP)
XRP (XRP), the main cryptocurrency of Ripple, is also one of the largest market cap crypto and is by far the largest compliant ISO 20022 coin.
Ripple is a member of the ISO 20022 standardization body and the second largest fintech company in the United States. The XRP coin is considered to mediate between the crypto and fiat markets and is used for various purposes, including fast and cheap cross-border operations. Today XRP can process about 1,500 transactions per second.
Stellar (XLM)
Stellar appeared after the Ripple hard fork and then became a separate network. As well as its "progenitor", Stellar is a member of the ISO 20022 standardization body. XLM coin, like XRP, is designed to combine the crypto and fiat worlds but focuses on currency conversion for individuals rather than organizations other than XRP. It is also designed to develop central bank digital currencies (CBDC).
Currently, more than 300 financial institutions in 45 countries use XLM as a settlement mechanism, including Santander Bank and Canadian Imperial Bank of Commerce.
Cardano (ADA)
Cardano is a decentralized Proof-of-Stake (PoS) blockchain with an Outdoor algorithm that provides proven security and increased transaction processing speed. It is now the world's largest public PoS blockchain with a strong community that has gained a significant presence in the cryptocurrency market, reflecting its widespread acceptance and interest among investors.
Quant (QNT)
Quant is designed to simplify the interaction between major blockchains such as Bitcoin, Ethereum, and Ripple using its gateway, the Overledger DLT operating system. When using it, the issue of compatibility of various blockchains within one ecosystem is solved.
The Quant network enables the creation of advanced multi-chain applications that take advantage of the unique advantages of different blockchains while maintaining the maximum security and integrity of each blockchain.
QNT is Quant Protocol's own currency and is paid by developers to create and operate dApps on the network.
Algorand (ALGO)
Algorand is a large Level 1 blockchain trying to solve many of the problems inherent with competitors like Ethereum. As it said, it is capable of processing about 1,300 transactions per second. The Pure Proof-of-Stake consensus method facilitates rapid transaction confirmation but also maintains one of the lowest transaction fees in the cryptocurrency world while maintaining environmental awareness.
Hedera HashGraph (HBAR)
This distributed ledger platform is similar to blockchain but has a slightly different mechanism of operation. The Hedera Hashgraph project is designed to overcome many of the limitations of traditional blockchains and can execute 10,000 transactions per second (with some reports up to 500,000 transactions per second) with a high level of security. Unlike competitors, Hedera Hashgraph uses a function called a directed acyclic graph to sequence transactions without dividing them into blocks. HBAR is its own cryptocurrency.
IOTA (MIOTA)
A centralized blockchain registry designed to process Internet of Things (IoT)-based transactions. The uniqueness of IOTA lies in the absence of a standard blockchain from the blockchain in favor of a special acyclic graph called Tangle. This allows any user of the system to be a conditional "miner." Everyone who wants to make a transaction is obliged to take part in the formation of the network and approve the two previous transactions. The processing of the other two operations ensures that consensus is reached on the status of the transactions.
Tangle technology also provides superior scalability compared to many other blockchain-based cryptocurrencies. It also excludes limits on transaction volumes (a capability of many micropayments) and their number.
XDC Network (XDC)
XDC Network is an open-source hybrid blockchain protocol that specializes in tokenization for decentralized finance (DeFi). The network is used as a tool for long-term decentralized management. The most striking and important feature of the network is that it embodies a completely new XDPoS consensus mechanism. Compared to Delegated Proof-of-Stake (DPoS), it is much more energy efficient and faster.
XDC complies with ISO 20022. According to its website, the network "allows enterprises of any type to connect their legacy systems to a network of blockchain using the XDC protocol and ISO 20022 compliant messaging."
Xinfin has partnered with R3, a consortium of more than 200 financial institutions, to act as a bridge and host dApps on the Corda Marketplace. Corda "is compatible with existing and emerging regulations such as ISO 20022."
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