# Unlisted on Major Exchanges: As of now, Pi Network tokens (Pi) are not listed on any major cryptocurrency exchanges, making it difficult to trade or determine their value.

2. Lack of Transparency: Some critics argue that the network lacks transparency regarding its development roadmap and goals.

3. No Blockchain: While Pi claims to be a decentralized network, its actual blockchain has not been fully released yet, raising questions about its technical legitimacy.

4. Monetization through Ads: The app displays ads, which could suggest it is more focused on generating revenue from users rather than creating a functional cryptocurrency.

Pi Network isn't necessarily a scam, but it also hasn't proven itself as a fully-fledged, functional cryptocurrency yet. The value of its tokens remains speculative until it is listed on exchanges and the blockchain becomes fully operational.
#pi #BlockchainTPS #binance #USRetailSalesRise #PiNetworkMainnet

In the digital age, where efficiency and speed are paramount, the performance of blockchain technologies is often measured by their Transactions Per Second (TPS).

📊 This metric not only influences user experience but also impacts the scalability and practical application of cryptocurrencies, especially in emerging Web3 projects.
🔄 Transactions Per Second (TPS) refers to the number of transactions a blockchain network can process each second. Traditional payment systems like VISA can handle approximately 1,500-2,000 TPS, setting a benchmark for digital transactions.
🔗 However, popular blockchains like Bitcoin and Ethereum historically manage far less—about 5 and approximately 10 TPS, respectively—due to their decentralized nature, which inherently slows down processing times but enhances security and transparency.
⚡ High TPS is crucial for the efficiency and competitiveness of blockchain networks, particularly for applications requiring real-time processing such as financial transactions, gaming, and online marketplaces. Improving TPS involves various strategies, including optimizing block size, enhancing consensus algorithms, and implementing off-chain solutions, which can sometimes compromise a blockchain's decentralization and security.
🌐 For Web3 projects, which are built on decentralized networks and include applications like decentralized finance (DeFi), gaming, and non-fungible tokens (NFTs), a higher TPS means that these applications can operate more efficiently and at scale.
🔄 High TPS ensures that transactions are processed faster, reducing bottlenecks and improving the user experience. This is crucial for adoption, as users expect performance that rivals traditional centralized services.
💡 Several blockchains have made significant advancements in TPS, pushing the boundaries of what's possible in transaction processing speeds:
- Hedera: Current TPS: 1,909, Max TPS: 3,287, Governance: Council, Block Time: 2s to 7s
- Solana: Current TPS: 777, Max TPS: 1,624, Governance: Off-chain, Block Time: 0.46s to 12.8s
- Tron: Current TPS: 91.27, Max TPS: 236, Governance: On-chain, Block Time: 3s to 57s
- opBNB: Current TPS: 57.4, Max TPS: 4,762, Governance: Off-chain, Block Time: 1s to 16m
- BNB Chain: Current TPS: 52.5, Max TPS: 1,731, Governance: On-chain, Block Time: 3.01s to 7.5s
⚖️ While a high TPS is an indicator of a blockchain's performance, it is important to consider the trade-offs in security and decentralization. As blockchain technology continues to evolve, the focus on balancing high transaction speeds with robust security and broad decentralization will be key to the widespread adoption and success of cryptocurrencies and Web3 technologies. These advancements in blockchain TPS are not just enhancing current technologies but are paving the way for future innovations in the digital landscape.

#TPS #BlockchainTPS #Web30

#TetherUSD #Tetherwallet #BlockchainBulls #BlockchainTPS
#StablecoinRevolution

Tether, the company behind the leading stablecoin USDT, has chosen a different path. Rather than building a new blockchain, Tether has decided to focus on existing platforms, a move that reflects careful consideration of current market conditions.

Tether’s Strategic Decision

Paolo Ardoino, Tether’s CEO, recently shared insights into the company’s decision in an interview with Bloomberg News. According to Ardoino, the blockchain space is becoming increasingly crowded. With many established blockchains already in place, Tether believes that adding another blockchain might not offer significant strategic benefits. Instead, Ardoino suggests that blockchains are likely to become commoditized, making it less advantageous to create a new one.
Ardoino’s perspective highlights Tether’s focus on leveraging existing technology rather than entering a saturated market. He argues that the company’s resources and expertise are better utilized by working with established blockchains that already offer strong performance and security.
The Current State of the Blockchain Market

Data from Defi Llama, as referenced by Bloomberg, indicates the current state of the blockchain ecosystem. The data reveals that just five blockchains control approximately 86% of the total value locked in decentralized finance (DeFi) protocols. Ethereum, as a leading blockchain, holds about $87.7 billion of the $133.2 billion total value across all chains.
Ethereum’s success is attributed to its early market entry, robust developer support, and adaptability. Despite its relatively high fees, Ethereum remains a dominant player due to its security, wide application range, and role as the host for a significant amount of digital assets.

The Multichain Ecosystem

The blockchain industry has evolved into a multichain environment, where various platforms are used by developers and users. Angela Ang, a senior policy advisor at blockchain intelligence firm TRM Labs, notes that the success of these platforms often depends on their ability to offer unique features. These may include speed, security, cost-efficiency, and interoperability.
Ang’s observations reflect the complexity of the blockchain space. For new blockchains to stand out, they must provide distinct advantages compared to existing platforms. This multichain environment makes it clear that established blockchains already offer strong solutions for a variety of needs.

Tether’s “Blockchain Agnostic” Approach

Tether’s decision aligns with its “blockchain agnostic” strategy. This approach allows Tether to utilize multiple existing blockchains without being tied to any single one. The company’s focus is on ensuring that the platforms supporting USDT are secure and efficient.
Ardoino’s view of blockchains as merely “transport layers” underscores this strategy. For Tether, the priority is on maintaining the security and functionality of its stablecoin rather than investing in the creation and management of a new blockchain.

Industry Implications

Tether’s choice not to create a new blockchain may have several implications for the broader crypto industry:
Emphasis on Existing Solutions: Tether’s decision highlights the strength and viability of current blockchain platforms. This may encourage other companies to focus on integrating with established solutions rather than adding to the crowded market.Intensified Competition Among Platforms: As Tether and others use existing blockchains, competition among these platforms could increase. Established players will need to continue innovating and improving their offerings to maintain their positions.Market Consolidation: Tether’s move reflects a trend towards consolidation within the blockchain industry. With numerous projects and platforms emerging, the focus may shift toward a smaller number of dominant players.
Conclusion

Tether’s choice to refrain from creating its own blockchain demonstrates a strategic response to the current state of the crypto market. By focusing on existing platforms, Tether leverages proven technology and avoids the complexities of developing a new blockchain. This approach aligns with the company’s goal of maintaining flexibility and concentrating on delivering a stable and secure digital asset through USDT.

BlackRock is the world's largest asset management firm, managing assets worth trillions of dollars across a range of
.

investment vehicles. In recent years, the company has made a significant move into the world of cryptocurrency, particularly Bitcoin, recognizing its growing role in the global financial system. Here's a deep dive into BlackRock’s#bitcoin☀️ related investments, holdings, and its plans for the future:
#Write2Earn!
1. BlackRock’s Bitcoin Holdings
BlackRock has emerged as a major institutional player in the cryptocurrency space. As of late 2024, the company holds approximately 369,640 Bitcoins, worth over $24 billion. This represents about 1.76% of the total Bitcoin supply. The decision to acquire such a large stake signals a shift in institutional acceptance of , partilarly as it is seen less as a speculative asset and more as a legitimate investment option.
2. BlackRock’s Bitcoin ETF Launch
In January 2024, BlackRock launched its spot Bitcoin Exchange-Traded Fund (ETF), the iShares Bitcoin Trust (IBIT). This fund has quickly become one of the top ETFs in the U.S. by inflows, attracting significant investor interest. By October 2024, the fund's assets under management (AUM) reached approximately $22.8 billion, making it one of the largest Bitcoin-related ETFs globally​​​​. This move allows both retail and institutional investors to gain exposure to #bitcoin☀️ without having to directly purchase or manage the cryptocurrency themselves.

3. The Role of Bitcoin in BlackRock’s Investment Strategy
BlackRock’s CEO, Larry Fink, has expressed strong support for Bitcoin, even predicting that Bitcoin could rival traditional asset classes like gold and the housing market in the future. He views Bitcoin as a "digital gold" and believes it will play a pivotal role in the evolution of the financial ecosystem. Fink's comments reflect a broader shift in BlackRock's stance on cryptocurrencies, as the company has progressively increased its exposure to Bitcoin and #BlockchainTPS technologies​​.
4. Institutional Interest and Market Impact
BlackRock's involvement with Bitcoin has further legitimized the cryptocurrency in the eyes of institutional investors. The company's large Bitcoin holdings and its ETFs have attracted a range of investors, from pension funds to family offices. Additionally, BlackRock is engaging in discussions with various global institutions about incorporating Bitcoin into diversified portfolios, further supporting its thesis that digital currencies will become a staple of the financial system​​.
5. Future Plans: Expansion into Blockchain and Ethereum
Looking ahead, BlackRock plans to continue expanding its cryptocurrency and blockchain-related products. While Bitcoin remains the focus, the firm is also showing increasing interest in Ethereum. Fink has mentioned the potential for Ethereum's blockchain technology to grow significantly, much like Bitcoin, suggesting that BlackRock may soon explore more diversified crypto offerings. This indicates that BlackRock is positioning itself as a leader in the digital assets space​​.
6. The Bitcoin ETF’s Growth and Market Influence
The iShares Bitcoin Trust ETF (IBIT) has set new records for trading volume in 2024, demonstrating the growing demand for Bitcoin exposure. The fund’s rapid success highlights the increasing acceptance of Bitcoin in traditional investment vehicles, with more investors now able to participate in the crypto market through an ETF structure, which offers liquidity and regulatory oversight​​.
7. Impact on the Broader Cryptocurrency Market
BlackRock’s massive Bitcoin holdings and its ETFs are helping to shape the future of the cryptocurrency market. By offering institutional-grade products, BlackRock is paving the way for more traditional financial institutions to enter the crypto space. This institutional adoption is seen as a key factor in Bitcoin’s maturation and its integration into broader financial markets​​​​.
Conclusion: A Bold Step Toward a Digital Future
BlackRock's strategy of embracing Bitcoin and blockchain technologies marks a significant milestone in the acceptance of digital assets within mainstream finance. Its large Bitcoin holdings and the success of its Bitcoin ETF indicate that BlackRock is committed to furthering its involvement in the cryptocurrency market. Looking forward, the company’s continued innovations in digital asset products and its plans to expand into Ethereum and other blockchain-based technologies will likely make BlackRock a key player in the financial sector’s digital transformation.
For further details, you can read more from sources like Finbold and CryptoSlate​​​​.
#Write2Earn!

Blockchain technology is the backbone of cryptocurrency, enabling secure, transparent, and decentralized transactions. In this chapter, we'll delve into the fundamentals of blockchain technology, exploring its components, types, and benefits.

What is Blockchain?
A blockchain is a distributed digital ledger that records transactions across a network of computers. It's a decentralized system, meaning that no single entity controls it. Instead, a network of nodes verifies and validates transactions, ensuring the integrity of the ledger.

Key Components of a Blockchain
1. Blocks: A block is a collection of transactions, such as cryptocurrency transactions or smart contracts. Each block has a unique code, called a "hash," that connects it to the previous block.
2. Chain: The chain refers to the sequence of blocks, linked together through their hashes. This creates a permanent and unalterable record of all transactions.
3. Nodes: Nodes are computers that participate in the blockchain network, verifying and validating transactions. Nodes can be run by anyone, from individuals to large organizations.
4. Consensus Mechanism: A consensus mechanism is a protocol that ensures all nodes agree on the state of the blockchain. Common consensus mechanisms include Proof of Work (PoW) and Proof of Stake (PoS).

Types of Blockchain
1. Public Blockchain: A public blockchain is open to anyone, allowing users to participate in the network, verify transactions, and create new blocks. Examples include Bitcoin and Ethereum.
2. Private Blockchain: A private blockchain is restricted to a specific group or organization, limiting access and control to a select few.
3. Hybrid Blockchain: A hybrid blockchain combines elements of public and private blockchains, offering a balance between security, scalability, and decentralization.

Benefits of Blockchain Technology
1. Security: Blockchain's decentralized and immutable nature ensures that transactions are secure and resistant to tampering.
2. Transparency: All transactions on a blockchain are recorded publicly, allowing for complete transparency and accountability.
3. Decentralization: Blockchain operates independently of central authorities, enabling peer-to-peer transactions without intermediaries.
4. Efficiency: Blockchain automates many processes, reducing the need for intermediaries and increasing transaction speed.
Conclusion
Blockchain technology is a powerful tool that enables secure, transparent, and decentralized transactions. Understanding the fundamentals of blockchain is crucial for navigating the world of cryptocurrency and appreciating its potential application's.
#BlockchainTPS #crypto #Beginers

just started exploring crypto!It's a whole new world of digital money and tech. Excited to learn more and see where this goes!#BlockchainTPS #crypto