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Home Blog Page 4460

Existing Tokens Like Polygon, Internet Computer, And New Projects Like Big Eyes Coin Represent Good Value For Money

By
TI Partners
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0

Polygon (MATIC) – an optimal Ethereum scaling experience

Polygon (MATIC) is one of the most flexible, precise, and convenient cryptocurrencies on the market. The project’s main purpose is Ethereum scaling and development, and its principal component is Polygon SDK. The latter is an adaptable framework for creating applications. Once you’re on the platform, you can develop optimistic rollup chains, ZK rollup chains, standalone chains, or any other chain requested by developers.

A pivotal feature of Polygon is its ability to reshape Ethereum into a comprehensive multi-chain structure i.e., the internet of blockchains. Other notable cryptocurrencies with similar traits include Polkadot, Cosmos, and Avalanche. Polygon’s native token is called MATIC, a testament to the project’s previous moniker. The token performs critical functions like maintaining system integrity and facilitating user governance. The latter is a system where token holders are entitled to a vote; they can vote for or against prospective implementations.

Moreover, Polygon is a layer two scaling solution supported by Binance and Coinbase. Like other top-ranking cryptocurrencies, Polygon’s ulterior motive is to expedite mass adoption by streamlining the blockchain experience. To deliver the best possible product, Polygon’s creators have implemented the Plasma Framework and a proof-of-stake blockchain protocol. The former was a recommendation of Vitalik Buterin, the co-creator of Ethereum. The Plasma Framework is known for allowing users to carry out smart contract execution with ease.

Internet Computer (ICP) – a radical option for tech-savvy users

Internet Computer (ICP) is a reinvention of blockchain design, courtesy of the latest cryptography techniques. ICP’s unique selling proposition is the “World Computer,” a first-of-its-kind solution that consists of web social media sans conventional information technology services. The outcome of the radical technology is that Internet Computer offers end-to-end decentralization.

ICP is a top-notch solution for Web3 technology. Web3, or Web 3.0, has the potency to change the dynamics of data usage. The World Computer will adhere to a decentralized manner and operate entirely on blockchain. The engagement of the World Computer with the internet enables developers to build systems by employing smart contract software. ICP uses a protocol called “canister,” which includes features like HTTP requests, interactive web experiences, and more.

Internet Computer is helmed by the DFINITY Foundation, with headquarters in Zurich, Switzerland. The Foundation was formed in 2016 to develop the Internet Computer blockchain. The name DFINITY is a combination of the words decentralized and infinity. In terms of personnel, the project owes its existence to Dominic Williams.

Big Eyes Coin (BIG) – A DeFi Token To Make An Indelible Impact

Big Eyes Coin (BIG) is a platform that is seeking to utilize existing solutions like decentralized finance and non-fungible tokens to good effect. BIG’s main objective is to move the money involved into the decentralized finance sphere. Besides being a passage for the DeFi ecosystem, Big Eyes Coin has a welfare angle. BIG is a community token and will take 5% of each transaction and deposit that into a charity wallet. The funds in the wallet will be used for preserving the oceans. Additionally, the project’s creators intend on using non-fungible tokens to enhance Big Eyes Coin and allow it to grow exponentially.

Tokenomics

  1. 140 billion at presale
  2. 40 billion on exchanges
  3. 10 billion for charity
  4. 10 billion for marketing
  5. 200 billion tokens in total

How to buy

Interested users can purchase Big Eyes Coin by downloading MetaMask. You can add BIG tokens to your wallet by using your bank card or your Ethereum tokens.

Use promo code Ocean409 for additional tokens with every purchase!

 

Big Eyes Coin (BIG)

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Cardano (ADA) Loses Steam, Orbeon Protocol (ORBN) Presale Is Scorching Hot While Cosmos (ATOM) Freezes

By
TI Partners
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0

Orbeon Protocol (ORBN) has been the talk of the town in the crypto world these past few months, with many individuals flocking to it. Even some Cardano (ADA) and Cosmos (ATOM) holders are beginning to move their assets since their coins have lost much value. But why has this project, currently in phase 5 of its presale, generated so much buzz?

>>BUY ORBEON TOKENS HERE<<

Cardano (ADA)

Cardano (ADA) is a coin and blockchain technology akin to Ethereum. Cardano (ADA) is frequently called the “Ethereum killer.”

In recent news, through an official blog post on its website, Bitrue announced its intentions to list the DJED stablecoin. This news made the price of Cardano (ADA) rise by 6% in the past week. However, it appears that Cardano (ADA) has lost some of its momentum, as it is now down 1% over the last 24 hours. Cardano (ADA) sits at $0.3764 with a market cap of $13 billion.

The sentiment around Cardano (ADA) is currently neutral as many await the DJED launch. Although Cardano (ADA) could see a surge in the coming months, investing in projects that show more room for growth is always more desirable.

>>BUY ORBEON TOKENS HERE<<

Cosmos (ATOM)

The coin and network called Cosmos (ATOM) are used to create decentralized programs. Cosmos (ATOM) token holders may vote on protocol updates and other crucial choices.

Cosmos (ATOM) has been attempting to rebound after a terrible 2022, where Cosmos (ATOM) lost nearly 70% of its value. The path to recovery for Cosmos (ATOM) is a long way ahead as it currently trades for $13.03, which is a decrease of 1% in the past 24 hours.

Furthermore, the Cosmos (ATOM) trading volume has also been dropping, with a 31% loss in the past day alone. It does not appear that Cosmos (ATOM) will be able to recover from its fall fully, and holders are on the hunt for other projects.

>>BUY ORBEON TOKENS HERE<<

Orbeon Protocol (ORBN)

Orbeon Protocol (ORBN) will cause a disruption in the venture capital industry by creating something no one has been able to do in the past. Orbeon Protocol (ORBN) is a fully decentralized investment platform that will provide investors an easy way to buy into promising startups and crypto projects through equity-underpinned fractionalized NFTs.

Orbeon Protocol (ORBN) offers entrepreneurs a cutting-edge means to acquire funding while cultivating a massive following. Startups may access a broader pool of investors and the strength of the cryptocurrency world by using fractionalized NFTs to secure financing.

The Orbeon Protocol (ORBN) ecosystem will include a wallet, swap, and Metaverse events. All these will be powered by the ORBN token, which you can purchase for just $0.06. As the presale has advanced, the price for Orbeon Protocol (ORBN) has risen from its initial price of $0.004, and more price hikes are coming, with experts predicting a $0.24 price by the presales end.

Orbeon Protocol (ORBN) has also been audited by Solid Proof and has a lock on liquidity for ten years. It is safe to say that the Orbeon Protocol (ORBN) will be a coin investors should keep an eye on in 2023.

 

Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/

Presale: https://presale.orbeonprotocol.com/register

Telegram: https://t.me/OrbeonProtocol

Ethereum is expected to Increase in Price amid Shanghai Upgrade

By
Paul Ugbede Godwin
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0

The total value of Ethereum ($ETH) staked on the Beacon chain is $16 million: only 13.4% is currently in circulation. Meanwhile, crypto exchanges and providers account for 70% of these reserves.

Glassnode has highlighted that out of the total stacked Ether, 11.4 million coins are staked via various staking service providers. This amount brings an equivalent of 70.86% of the total staked amount under the control of five entities. Lido DAO, a staking service provider, has garnered a margin lead dominance at 29.3%, followed by Coinbase at 12.8%, Kraken at 7.6%, and Binance at 6.3%.

Total value staked for ETH. Source: Glassnode

The Beacon Chain helped introduce a proof-of-stake mechanism on Ethereum’s ecosystem for computers to authenticate transactions on the blockchain. In September 2022, it was integrated with the initial Ethereum proof-of-work chain. It also helped establish a consensus logic and the block gossip protocol presently used to secure Ethereum.

The price of Ether emerged from a resistance level that was gradually declining. The upcoming Ethereum Shanghai update could be why momentum has changed for the better, and ETH’s price is expected to increase, currently $ETH is trading around $1,609 with Bitcoin price hovering around $23,430 per coin respectively as of Press time.

The next planned update is expected to enable phased unstaking of ETH that has been kept on the blockchain for over two years and phased withdrawals of the same. However, the upgrade will not enhance smart contracts or lower the high gas fees on the platform.

Ethereum is deflationary, provides high yields, has no sell pressure from miners anymore, is 99% more energy efficient and has a thriving layer two scene as well as massive dev activity’s all in a bear market, according to Lark Dark a serial Crypto Investor.

People keep coming up with the sell pressure from miners. ETH miners were also the biggest investors into new projects, allocating earned ETH into projects that effectively jumpstarted the DeFi and NFT booms.

Nonetheless, the main goal of the upgrade is to address the network’s scalability issue. The team wants to improve the blockchain’s ability to process large amounts of transactions by introducing various decentralized apps (dApps) on its platform.

Starting From Next Month, Twitter Users Will be Able to Appeal Account Suspension

By
Ojukwu Emmanuel
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0

Starting from the 1st of February 2023, Twitter users will be given the privilege to appeal account suspensions and be evaluated under Twitter’s new criteria for reinstatement.

Under the new criteria, the company disclosed that accounts will only be suspended for severe policy violations like threats, violence, Harassment, Posting of illicit content, illegal activities, etc.

It further noted that it would take less severe action, in comparison to account suspension, such as limiting the reach of tweets that violate its policies or demanding that users remove offensive tweets before continuing to use the account.

It would be recalled that when Musk took over the platform in October last year, in one of the first steps towards his promise of lighter moderation on Twitter, he reinstated several accounts that were previously subject to lifetime bans.

In November last year, Elon Musk disclosed that he will begin restoring most previously banned accounts on Twitter, in his most wide-reaching move to undo the social media platform’s policy of permanently suspending users who repeatedly violated its rules.

Accounts such as that of former United States president Donald Trump who was banned on the platform in January 2021, due to the risk of further incitement, following the horrifying insurrection at the Capitol was reinstated.

Also, accounts belonging to U.S rapper Kanye West, Andrew Tate, Jordan Peterson, Kathy Griffin, and the parody account the Babylon bee, all had their account reinstated.

Meanwhile, on the 15th of December 2022, Musk suspended half a dozen prominent journalists at CNN, New York Times, stating that they violated Twitter rules about revealing people’s locations.

Musk claimed that the journalists had violated his new “doxxing” policy by sharing his “exact real-time” location, amounting to what he described as “assassination coordinates.” Meanwhile, none of the banned journalists appeared to have shared Musk’s precise real-time location.

The ban on the journalist was coming a day after Twitter suspended more than 25 accounts that tracked the planes of government agencies, and high-profile individuals, including that of Musk.

Initially, Musk had disclosed that he would allow the account that tracked his private jet to remain on Twitter, though he said it amounted to a security threat. But the Twitter CEO later changed his mind by banning the account, after he revealed that a car in which one of his sons was traveling was accosted by a striker.

This prompted him to disclose via a tweet that any account that posted real-time location info of anyone will be suspended, which includes posting links to sites with real-time location info.

Also, days after Elon Musk declared that “comedy is now legal on Twitter,” in November 2022, the platform banned several comedians for parody tweets in which they impersonated its new owner.

Naira Notes Redesign: House of Reps Rejects CBN’s Feb 10 Extension

By
Samuel Nwite
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0

The House of Representatives has rejected the extension of the deadline to return old naira notes to February 10 by the Central Bank of Nigeria.

The CBN governor, Godwin Emefiele, on Sunday announced the deadline extension after meeting with President Muhammadu Buhari in his private residence in Aso Villa, Abuja.

The old and new naira swap exercise was extended with a seven-day grace period, which will take effect from February 10 to February 17, 2023, opening additional window for Nigerians to return the old naira notes in their possession to the CBN (not commercial banks) after the February 10 deadline, when the old currency would have lost its Legal Tender status.

The decision came after much criticism ignited by the hardship created by the scarcity of the new naira notes across the country.

In reaction to the deadline extension, the Ad Hoc Committee, chaired by the leader of the House, Alhassan Ado Doguwa, rejected the extension. Doguwa, who had earlier threatened to issue a warrant for the arrest of Emefiele, said that the CBN must comply with sections 20 sub 3, 4, and 5 of the CBN act.

“The 10-day extension for the exchange of the old naira notes is not the solution,” he said.

Doguwa added: “We as a legislative committee with a constitutional mandate of the House, would only accept clear compliance with section 20 sub 3, 4, and 5 of the CBN act and nothing more.

“Nigeria as a developing economy and a nascent democracy must respect the principle of the rule of law.

“And the House would go ahead to sign arrest warrant to compel the CBN Governor to appear before the ad hoc committee.”

He said under his chairmanship, the committee would continue its work until it gets the demands of Nigerians addressed in accordance with the laws of the land.

Describing the extension as a mere political gimmick to further deceive Nigerians and worsen their economic and social livelihood, Doguwa said the CBN governor must appear before or stand the risk of being arrested on the strength of legislative writs signed by the Speaker on Monday.

He also said the policy is capable of frustrating the forthcoming general elections.

“Security agencies and their operations, especially at the state level, are generally funded through cash advances and direct table payments of allowances to operatives during elections,” he said.

With Buhari’s backing, the CBN announced a seeming twin monetary policy late last year: The redesign of N200, N500 and N1,000 notes and the withdrawal policy that limits how much individuals and corporate bodies could withdraw weekly to N500,000 and N5 million respectively.

However, criticism has continued to follow the policies since then, with calls rising from many quarters of the country, including the National Assembly, for the policies to be reviewed.

The concern mainly lies on the negative impact of the policies on Nigeria’s economy, particularly the informal sector – currently grappling with an unfriendly business environment.

But the CBN has stood its ground amid the public outcry and threat from lawmakers to arrest the central bank governor. The financial sector regulator said the policies will help in curbing issues of insecurity, currency counterfeiting, inflation among others.

However, presidential interventions have caused the apex bank to budge here and there. Before its decision to extend the deadline, the CBN had adjusted the weekly withdrawal limit from N100,000 for individuals and N500,000 for corporate organizations.

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