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The Aptos Blockchain Suffered A Five-Hour Outage: Why Ethereum, Cardano, And New Crypto Doge Uprising Are More Reliable

By
TI Partners
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0

While celebrating its one-year anniversary, the blockchain Aptos suffered a 5-hour outage. The outage happened when the platform was hosting a mass drawing application. While blocks on the network usually confirm in less than a second, AptoScan shows a 5-hour and 6-minute difference between two transactions on October 18th. To celebrate its first birthday, the Aptos Foundation created a drawing platform Graffio.art where Aptos wallet users could contribute to a blank canvas to create a community art piece. When the shutdown occurred, 4,000 users were painting on the online canvas.

The outage had an impact on the native gas-paying token APT, which dropped from 2.2% shortly after the outage happened. Overall, the token is trading 35.8% lower than when it launched last year. Outages such as these have long-lasting impacts on crypto projects, rendering them unreliable in the eyes of investors. At a time when crypto is plagued by bad press, experiencing outages like this one can have a devastating effect on the project’s future.

In this article, we’re delving into some crypto projects that are more reliable than Aptos. Ethereum ($ETH), Cardano ($ADA), and the new crypto project Doge Uprising ($DUP) all show a more reliable future – and we’re exploring how.

What Makes Ethereum A Reliable Platform?

Ethereum is widely regarded to be one of the most reliable blockchain platforms. Although there have been a few instances where Ethereum has experienced disruptions in service, this has generally been caused by network congestion issues or problematic nodes rather than complete blockchain outages. As with any complicated system, Ethereum is not immune to technical issues. For example, in early 2023 Ethereum failed to finalize transactions for 25 minutes. However, luckily the platform managed to avoid a full outage and some even argue that the 25-minute period had zero impact on Ethereum at all.

Is Ethereum A Good Long-Term Investment?

Although Ethereum is one of the most reliable platforms, with great long-term potential, nothing is 100% predictable in the crypto space. All crypto investments have the potential to be incredibly volatile, with large peaks and troughs in price movement. If you’re prepared to take the risks, the rewards could be huge, but so could the losses.

Is Cardano A Reliable Cryptocurrency?

Cardano ($ADA) has a reputation as one of the most stable and reliable blockchain networks in the cryptocurrency industry. It ran smoothly for more than five years until early 2023 when 50% of the nodes had a temporary outage. However, this was only brief and didn’t take the whole network offline. The Cardano ‘node’ is a core component that underpins the whole Cardano network. A blockchain network is simply just a collection of interconnected nodes, working together to validate transactions and utilize consensus. Although the 50% node outage caused disruption, it didn’t take the whole network down like Aptos.

Will The New Cryptocurrency Doge Uprising Be Stable And Reliable?

The new crypto project Doge Uprising is looking to be an exciting new project with lots of utility. Putting its community at the forefront, this cryptocurrency will aim to remain reliable and stable for its users. The project has an immersive Web3 universe in its roadmap, which will only find success if users can delve into the space uninterrupted by consistent outages.

As an ERC-20 token, it plans to harness the power of Ethereum, making it the technological backbone of the project. The ERC-20 standard ensures compatibility with other decentralized applications on the Ethereum blockchain which fosters unity. Ethereum is a flexible, reliable foundation to fuel Doge Uprising’s tokenomics and power the staking, yield farming, and NFT collections it has planned. Beyond just the technical prowess, the ERC-20 backbone integrates Doge Uprising seamlessly into the blockchain framework, breathing life into its Doge Mecha NFTs.

If you’re interested in finding out more about this project, follow the links below.

 

Doge Uprising ($DUP): 

Website: https://dogeuprising.co/
Telegram: https://t.me/+JfnjZpCD9b4wNTlk
Twitter: https://twitter.com/Doge_Uprising
Discord: https://discord.gg/D6auhYKnFS

Shiba Inu vs Dogecoin vs Scorpion Casino Token – Can Memes Make Dreams or Is Casino The Go?

By
TI Partners
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0

The world of cryptocurrencies is no stranger to whimsy, and it often takes a playful approach. From the likes of Shiba Inu and Dogecoin, with their meme-inspired beginnings, to the more unconventional and bold Scorpion Casino Token (SCORP), the crypto landscape is filled with options. But can meme coins fulfill dreams, or is the world of casinos the one to watch? This article dives into the unique attributes and visions of these three cryptocurrencies, exploring their potential to make investors’ dreams a reality.

Dogecoin (DOGE): The Original and The Best?

Dogecoin is the OG of meme coins, and it boasts a dedicated and passionate community. Despite its lighthearted beginnings, DOGE has made its mark on the crypto industry, thanks in part to endorsements from figures like Elon Musk.

Since Musk first got involved, DOGE has slipped significantly. It is 91% down from its peak. However, the last 7 days have seen a slight resurgence, with a rise of 7%.

Shiba Inu (SHIB): The Meme Marvel

Shiba Inu, inspired by the Shiba Inu dog breed, rapidly gained popularity for its meme-driven community and impressive growth. Initially considered a spin-off from Dogecoin, SHIB is part of a new wave of meme-inspired tokens, and a loyal community, named the SHIBArmy still have plans to take it past Dogecoin in the market cap ranks.

While meme coins like SHIB offer traders fast gains and a strong community, they are often criticized for their speculative nature and lack of real-world utility. Case in point with SHIB, which has experienced a similar decline of over 90% from an impressive all-time high.

Scorpion Casino Token (SCORP): The Casino Contender

While Shiba Inu and Dogecoin focus on memes and community, Scorpion Casino Token (SCORP) offers a unique take on cryptocurrency. SCORP serves as the gateway to a thriving online gaming platform. With a selection of over 200 casino games, 160 live events, and betting opportunities on more than 35 sports, Scorpion Casino is about more than just being a meme.

The announcement of an impending upgrade has broadened its horizons, and Scorpion Casino will soon enable over 20 different currencies with automatic conversion, including cryptocurrencies like BNB, BTC, ETH, SOL, USDT, and USDC, and various fiat currencies. Users will also be able to connect their Metamask accounts directly to their Casino account.

SCORP aims to redefine passive income by combining sports and gambling within a licensed, transparent, and provably fair platform. This dynamic vision seeks to make SCORP a hub for gaming enthusiasts and a source of significant passive income for token holders.

In Summary

In crypto, dreams come in many forms. While Shiba Inu and Dogecoin offer meme-inspired journeys with speculative potential, Scorpion Casino Token (SCORP) takes a different route. By fusing entertainment with blockchain technology and user benefits, SCORP presents a vision that goes beyond memes and aims to make gaming and passive income dreams a reality. As investors weigh their options, they must navigate the diverse crypto landscape to find their path to success.

More on SCORP:

Presale: https://presale.scorpion.casino/

Twitter: https://twitter.com/ScorpionCasino

Telegram: https://t.me/scorpioncasino_official

What Cryptocurrencies to Buy This Week?

By
TI Partners
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0

Cryptocurrency offers a plethora of investment opportunities for those seeking to diversify their portfolios. While established giants like Bitcoin and Ethereum consistently capture the spotlight, it’s essential to keep an eye on promising newcomers and innovative projects. This week, we explore five cryptocurrencies worth considering for your investment strategy.

From Scorpion Casino Token’s unique blend of online gambling and blockchain technology to Toncoin’s distinct features, we delve into the exciting possibilities presented by these digital assets. Additionally, we’ll take a closer look at Chainlink’s role in securing smart contracts, Cardano’s commitment to sustainable blockchain solutions, and Litecoin’s reputation as the “silver” of the crypto world.

Scorpion Casino Token (SCORP) – Presale Potential Personified

Scorpion Casino Token is a rising star in the cryptocurrency world, operating in a world of not one but two double-digit growth rates: cryptocurrency and online gambling. The SCORP token is a key part of the Scorpion Casino ecosystem, which itself aims to be the hotspot for gambling enthusiasts worldwide. The Scorpion Casino offers:

?Over 200 casino games

?More than 160 live events

?More than 35 sports to bet on

With its global accessibility, auto currency conversion, and acceptance of major cryptocurrencies and fiat currencies, SCORP is quickly gaining popularity. It is currently in the presale stage, offering early investors an opportunity to get involved, and a Gleam competition promises an exciting reward of $250,000.

Toncoin – Breaking the Top 10?

Toncoin is a cryptocurrency that’s gaining attention for its unique approach. While it may not have the recognition of larger coins, it provides an opportunity for diversification in a crypto portfolio.

Its distinct features and use cases make it an interesting addition to a diverse portfolio. TON has made its way into the top 20 cryptocurrencies and is knocking on the door of the top 10.

Chainlink Soars 35% in 7 Days

Chainlink is an established cryptocurrency that specializes in providing secure and tamper-proof data for smart contracts. Its decentralized oracle network plays a crucial role in enabling various blockchain applications, including DeFi and NFTs.

LINK has had an outstanding week. After a rocky period, it has exploded and, at the time of writing, has the second-highest weekly growth in the top 100 cryptocurrencies.

Cardano – Sustainable Solutions

Cardano is known for its commitment to sustainability, scalability, and interoperability. The platform’s focus on peer-reviewed research and academic partnerships has made it an attractive choice for those seeking to invest in innovative blockchain technology.

Litecoin Holding Strong

Litecoin is often referred to as “silver” compared to Bitcoin’s “gold.” It is one of the oldest cryptocurrencies and as such is a well-established cryptocurrency.

LTC is known for its fast transaction speeds and lower fees, making it an attractive option for everyday transactions and transfers. It has dropped slightly from its peak position but still remains firmly in the top 20.

A Diverse Portfolio Is a Strong Portfolio

These five cryptocurrencies each offer unique features and use cases, allowing investors and enthusiasts to explore different aspects of the crypto market. Whether you’re drawn to innovative newcomers like Scorpion Casino Token and Toncoin or established players like Chainlink, Cardano, and Litecoin, diversifying your crypto portfolio can provide a broader range of opportunities and potential for growth.

 

Find out more about SCORP:

Presale: https://presale.scorpion.casino/

Twitter: https://twitter.com/ScorpionCasino

Telegram: https://t.me/scorpioncasino_official

Nigerian Government Validates Ndubuisi Ekekwe 3T2030 Agenda

By
Ndubuisi Ekekwe
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1

In April 2022, I wrote, ‘Under the  “3T2030 Plan for Greater Nigeria”, a plan to turn Nigeria’s sub-$500b GDP into $3 trillion by 2030, we will institutionalize excellence, uniting all citizens to a shared vision that is open, dynamic, prosperous and hopeful.’

Ndubuisi Ekekwe’s  “3T2030 Plan for Nigeria” is a plan that designed to push the GDP of Nigeria from the current sub-$500b to $3 trillion by 2030. It is structured, as encapsulated  by a federal minister, within the tech or economic component, to ramp up development, and accelerate shared prosperity. It is a 100-page document which is updated regularly, and my hope is that one day, the moment will come. Yes, I will walk into that office, ready on Day 1 because I have been planning for ages.

You know what? The Nigerian government does believe in the feasibility and possibility of that $3 trillion by 20230: “Distinguished ladies and Gentlemen, a $1 trillion economy is possible by the year 2026 and a $3 trillion economy is possible within this decade. We can do it,” the government noted today during the 29th edition of the Nigeria Economic Summit.

President Bola Tinubu has unveiled an ambitious economic growth plan, aiming to elevate Nigeria’s economy to $1 trillion by 2026 and further expand it to $3 trillion by the end of the decade in 2030.

He made this declaration during the opening address at the 29th edition of the Nigeria Economic Summit held in Abuja.

President Tinubu expressed confidence in the feasibility of these targets, emphasizing the country’s potential for double-digit, inclusive, and sustainable competitive growth. He called upon the captains of industry present to rally behind this vision of renewed economic hope.

Good People, Nigeria has latent capabilities to unlock abundance in the land. Yes, we can have a 6X GDP acceleration in seven years, and what that means is that we will have (literally) 6 Zenith Banks, 6 Dangote Groups, 6 Tekedia, 6 everything within the market system! 

If that happens, my model which posits that Nigeria does not have enough trained young people to run its economy will become evident. We may even need to import workers because every person who needs a job, and is open for training and retraining, will have one. 

I want to wish the government good luck on this 3T2030 playbook. Make it happen!

Corruption Saves Nigeria $11 Billion Damages Bill!

By
Ndubuisi Ekekwe
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1

Nigeria escapes $11 billion by making a case and supporting it with data, that its representatives were corrupt: “Nigeria on Monday hailed a landmark victory after it won its bid to overturn an $11 billion damages bill for a collapsed gas project, in a case a judge at London’s High Court said exemplified the ravages of greed and corruption.

“Africa’s most populous country had previously been ordered to pay the sum – representing around a third of its foreign exchange reserves – to Process & Industrial Developments (P&ID), a company based in the British Virgin Islands.

“But Judge Robin Knowles found that P&ID had paid bribes to a Nigerian oil ministry official in connection with the gas contract signed in 2010, and had failed to disclose this when it later took Nigeria to arbitration over the collapse of the deal.”

In 2019 as this case went to gear 1, I wrote “As the whole process continues to unfold, I still hope and pray that the nation would come out triumphantly, somehow.” Yes, Nigeria’s case was strong because it could claim that its workers were bribed by P&ID, making it a victim. Today, the English Court agreed, and Nigeria is free. But this is not over: “The judge said a further hearing would take place to decide whether to send the case back to arbitration or ditch the $11 billion award without further delay.” Judge, ditch this because it belongs to the trash can!

Sure, this is not to celebrate that a federal employee was corrupt to the point that Nigeria used it to save itself $11 billion!

Download the judgement here (PDF)

More from Reuters…

Nigerian President Bola Tinubu described the judgment as a blow against economic malpractice and the exploitation of Africa.

“Nation states will no longer be held hostage by economic conspiracies between private firms and solitarily corrupt officials,” he said in a statement.

The ruling is a major boost for Africa’s biggest economy, which is saddled with mounting debt, high inflation and unemployment.

“The economic prospects of an entire country have been held hostage by a tainted arbitral award that was built on bribes and lies,” said campaign group Spotlight on Corruption.

In 2017, an arbitration tribunal had awarded P&ID $6.6 billion for lost profit after its 20-year contract to construct and operate a gas processing plant in southern Nigeria had fallen apart.

The sum had since swelled with interest to over $11 billion, representing 10 times the country’s 2019 health budget.

“DRIVEN BY GREED”

However, Nigeria’s lawyers went to court to overturn the award, saying P&ID had bribed senior officials to obtain the contract and corrupted the country’s lawyers to obtain confidential documents during the arbitration. P&ID denied this and accused Nigeria of institutional incompetence.

But Knowles allowed Nigeria’s challenge, writing that the case showed what some people would do for money, “driven by greed and prepared to use corruption; giving no thought to what their enrichment would mean in terms of harm for others”.

The judge said a further hearing would take place to decide whether to send the case back to arbitration or ditch the $11 billion award without further delay.

Lawyers representing P&ID said the firm was disappointed and considering steps available to it.

In a rare rebuke, the judge said two British lawyers who stood to receive astronomical sums had Nigeria been forced to pay the $11 billion-plus bill had misconducted themselves out of greed.

Trevor Burke, an eminent criminal barrister and a nephew of P&ID’s co-founder, would have received $850 million while Seamus Andrew, who represented P&ID during the arbitration, would have received up to $3 billion.

Both received confidential Nigerian documents during the arbitration that they knew they were not entitled to see, the judge found. Their decision to say nothing and not to return the documents was “indefensible”, he wrote.

They did so “because of the money they hoped to make” and gave untruthful evidence about it, Knowles added, referring his ruling to legal standards regulators.

Burke and Andrew said in separate statements they did not accept the judge’s criticisms and believed they would be exonerated by the regulators.

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