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#OpenfabricAI enhances the interoperability of #OFN with other blockchain networks. Interoperability is crucial for the growth of the cryptocurrency ecosystem, allowing different platforms to communicate and transact seamlessly. #AI ensures that #OFN can interact with other #networks efficiently, broadening its utility and integration in the #digital finance world.
potential of
potential of
Why people of today prefer digital currency more?
The increasing preference for digital currency in contemporary society can be attributed to several factors. One significant aspect is the convenience it offers in financial transactions. Digital currencies facilitate swift and seamless transactions, eliminating the need for intermediaries such as banks, which can often involve time-consuming processes.Moreover, the borderless nature of digital currencies appeals to individuals engaged in international transactions. Traditional banking systems may impose restrictions or incur high fees for cross-border transfers, whereas digital currencies operate on a decentralized global network, enabling faster and more cost-effective international transactions.The accessibility of digital currencies is another key driver of their popularity. Anyone with an internet connection can participate in the digital currency ecosystem, providing financial inclusion to individuals who may not have access to traditional banking services. This inclusivity resonates with the growing global population seeking alternative financial solutions.Investment opportunities also contribute to the widespread adoption of digital currencies. The potential for significant returns has attracted investors, leading to increased acceptance and integration of cryptocurrencies into mainstream financial markets. The decentralized nature of digital currencies, often based on blockchain technology, enhances transparency and security, further instilling confidence in users.In summary, the contemporary preference for digital currency is multifaceted, encompassing convenience, accessibility, borderless transactions, investment potential, and the security features offered by blockchain technology. As society continues to embrace technological advancements, digital currencies are likely to play an increasingly integral role in the evolving landscape of financial transactions.#digital #money
6 days soon live worldwide. Forever worldwide,The Road to Saudi Arabia of #NFT .Register now 4REVER worldwide digital art sport and cryptography.Quiz to win #binance on live
#digital #digiCash #BTC
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#digital #digiCash #BTC
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Rosbank has brokered Russia’s first deal involving the exchange of tokenized #gold with the digital version of the Russian national #fiat currency, the ruble.
The successful transaction demonstrates the growing interest in #digital financial assets.
#crypto2023 #Binance
The successful transaction demonstrates the growing interest in #digital financial assets.
#crypto2023 #Binance
Bank of #Japan to launch pilot programme in April for issuing digital yen(#cbdc ).
The #Bank of Japan (BOJ) announced on Friday that it has chosen to begin a pilot programme in April to issue a #digital yen, taking the country, which is slow to adopt #digitalcurrency systems.
The #Bank of Japan (BOJ) announced on Friday that it has chosen to begin a pilot programme in April to issue a #digital yen, taking the country, which is slow to adopt #digitalcurrency systems.
#cryptonews : The Eurogroup confirmed its support for #digital euro research and noted that some of the design and use elements under consideration would require political decision-making. 👀
#crypto2023
#crypto2023
Cryptocurrencies represent the future of #finance offering a #decentralized #secure and efficient way to conduct transactions. As more businesses and individuals adopt #digital currencies, the demand and value of these assets are likely to increase. Investing in cryptocurrency now positions you to benefit from this technological shift, potentially leading to substantial financial rewards as the digital #economy expands.
🔥 #UnstoppableDomains has launched #ai generated avatars
#Web3 domain provider Unstoppable Domains is rolling out #artificialintelligence generated profile pictures, allowing users to enhance their #digital identities.
#Web3 domain provider Unstoppable Domains is rolling out #artificialintelligence generated profile pictures, allowing users to enhance their #digital identities.
Explained : Distributed Ledger Technology (DLT)
Distributed Ledger Technology (DLT) is a digital system that allows for the secure and transparent sharing of information across a network of computers. DLT enables participants to maintain a decentralized database without the need for a central authority, which has the potential to revolutionize a wide range of industries. In this article, we will explore the various aspects of DLT, including its definition, types, benefits, and challenges.
What is Distributed Ledger Technology?
Distributed Ledger Technology is a #digital system that allows for the secure and transparent sharing of information across a network of computers. DLT is based on a decentralized architecture, which means that it operates without a central authority. DLT allows multiple parties to access and update a single database without the need for intermediaries, which makes it highly efficient and transparent.
Types of Distributed Ledger Technology
There are several types of Distributed Ledger #Technology , including:
#Blockchain : Blockchain is the most well-known type of DLT, and it is used to maintain a decentralized database of transactions that is secured using cryptography. Blockchain is used to power cryptocurrencies such as Bitcoin and Ethereum.
Directed Acyclic Graph (DAG): DAG is a newer type of DLT that is used to maintain a decentralized database of transactions. DAG does not use blocks, as in the case of blockchain, but instead uses a graph structure to maintain the database.
Hashgraph: #Hashgraph is a consensus algorithm that is used to maintain a decentralized database of transactions. Hashgraph uses a voting mechanism to reach consensus on transactions, which makes it highly efficient and scalable.
Benefits of Distributed Ledger Technology
Distributed Ledger Technology offers several benefits, including:
Transparency: DLT allows multiple parties to access and update a single database without the need for intermediaries, which makes it highly transparent.
Security: DLT is highly secure, as all transactions are encrypted and stored in a decentralized network of computers. This makes it virtually impossible for a single party to tamper with the database.
Efficiency: DLT is highly efficient, as it eliminates the need for intermediaries, such as banks, which can reduce transaction costs and increase processing times.
Traceability: DLT enables the traceability of transactions, which makes it easier to track the movement of assets and reduce the risk of fraud.
Challenges of Distributed Ledger Technology
Despite the numerous benefits of DLT, there are still several challenges that need to be addressed, including:
Technical Complexity: DLT is a complex technology that requires a significant amount of technical expertise to use and understand.
Scalability: DLT can struggle with scalability, as the larger the network, the more difficult it is to maintain consensus.
Regulatory Issues: DLT is still largely unregulated, which creates risks for users and potential legal challenges in the future.
Applications of Distributed Ledger Technology
There are several applications of Distributed Ledger Technology, including:
Cryptocurrencies: DLT is used to power cryptocurrencies, such as Bitcoin and Ethereum, which are decentralized digital currencies that allow for peer-to-peer transactions without the need for intermediaries.
Supply Chain Management: DLT is used to maintain a decentralized database of transactions in the supply chain industry, which enables greater transparency and traceability of goods.
Identity Management: DLT can be used to create a decentralized identity management system, which can increase the security and privacy of personal information.
Voting Systems: DLT can be used to create a decentralized voting system, which can increase the security and transparency of elections.
Future Prospects of Distributed Ledger Technology
Despite the challenges that DLT faces, there are several reasons to be optimistic about its future prospects. For example, as more people become aware of the benefits of DLT, adoption rates are likely to increase. Additionally, as DLT technologydeveloping, it is likely that many of the current challenges will be addressed, making DLT more accessible and user-friendly.developing, it is likely that many of the current challenges will be addressed, making DLT more accessible and user-friendly.
Another reason to be optimistic about the future of DLT is its potential to revolutionize many industries. For example, DLT can increase transparency and efficiency in the financial industry, which can reduce costs and increase accessibility for consumers. Additionally, DLT can enable new business models in industries such as healthcare and supply chain management, which can improve the quality and safety of products and services.
Final Words
Distributed Ledger Technology is a digital system that allows for the secure and transparent sharing of information across a network of computers. DLT offers numerous benefits, including transparency, security, efficiency, and traceability. Despite the challenges that DLT faces, such as technical complexity and scalability issues, it has the potential to revolutionize many industries and improve the lives of millions of people. As such, it is important for individuals and organizations to continue exploring the potential of DLT and investing in its development.
What is Distributed Ledger Technology?
Distributed Ledger Technology is a #digital system that allows for the secure and transparent sharing of information across a network of computers. DLT is based on a decentralized architecture, which means that it operates without a central authority. DLT allows multiple parties to access and update a single database without the need for intermediaries, which makes it highly efficient and transparent.
Types of Distributed Ledger Technology
There are several types of Distributed Ledger #Technology , including:
#Blockchain : Blockchain is the most well-known type of DLT, and it is used to maintain a decentralized database of transactions that is secured using cryptography. Blockchain is used to power cryptocurrencies such as Bitcoin and Ethereum.
Directed Acyclic Graph (DAG): DAG is a newer type of DLT that is used to maintain a decentralized database of transactions. DAG does not use blocks, as in the case of blockchain, but instead uses a graph structure to maintain the database.
Hashgraph: #Hashgraph is a consensus algorithm that is used to maintain a decentralized database of transactions. Hashgraph uses a voting mechanism to reach consensus on transactions, which makes it highly efficient and scalable.
Benefits of Distributed Ledger Technology
Distributed Ledger Technology offers several benefits, including:
Transparency: DLT allows multiple parties to access and update a single database without the need for intermediaries, which makes it highly transparent.
Security: DLT is highly secure, as all transactions are encrypted and stored in a decentralized network of computers. This makes it virtually impossible for a single party to tamper with the database.
Efficiency: DLT is highly efficient, as it eliminates the need for intermediaries, such as banks, which can reduce transaction costs and increase processing times.
Traceability: DLT enables the traceability of transactions, which makes it easier to track the movement of assets and reduce the risk of fraud.
Challenges of Distributed Ledger Technology
Despite the numerous benefits of DLT, there are still several challenges that need to be addressed, including:
Technical Complexity: DLT is a complex technology that requires a significant amount of technical expertise to use and understand.
Scalability: DLT can struggle with scalability, as the larger the network, the more difficult it is to maintain consensus.
Regulatory Issues: DLT is still largely unregulated, which creates risks for users and potential legal challenges in the future.
Applications of Distributed Ledger Technology
There are several applications of Distributed Ledger Technology, including:
Cryptocurrencies: DLT is used to power cryptocurrencies, such as Bitcoin and Ethereum, which are decentralized digital currencies that allow for peer-to-peer transactions without the need for intermediaries.
Supply Chain Management: DLT is used to maintain a decentralized database of transactions in the supply chain industry, which enables greater transparency and traceability of goods.
Identity Management: DLT can be used to create a decentralized identity management system, which can increase the security and privacy of personal information.
Voting Systems: DLT can be used to create a decentralized voting system, which can increase the security and transparency of elections.
Future Prospects of Distributed Ledger Technology
Despite the challenges that DLT faces, there are several reasons to be optimistic about its future prospects. For example, as more people become aware of the benefits of DLT, adoption rates are likely to increase. Additionally, as DLT technologydeveloping, it is likely that many of the current challenges will be addressed, making DLT more accessible and user-friendly.developing, it is likely that many of the current challenges will be addressed, making DLT more accessible and user-friendly.
Another reason to be optimistic about the future of DLT is its potential to revolutionize many industries. For example, DLT can increase transparency and efficiency in the financial industry, which can reduce costs and increase accessibility for consumers. Additionally, DLT can enable new business models in industries such as healthcare and supply chain management, which can improve the quality and safety of products and services.
Final Words
Distributed Ledger Technology is a digital system that allows for the secure and transparent sharing of information across a network of computers. DLT offers numerous benefits, including transparency, security, efficiency, and traceability. Despite the challenges that DLT faces, such as technical complexity and scalability issues, it has the potential to revolutionize many industries and improve the lives of millions of people. As such, it is important for individuals and organizations to continue exploring the potential of DLT and investing in its development.
⚡️#DressX , a #digital fashion firm, has announced the closure of the $15M Series A funding led by #Greenfield
Additional round participants included Slow Ventures, The Artemis Fund, Red Dao, and Warner Music. #Web3
Additional round participants included Slow Ventures, The Artemis Fund, Red Dao, and Warner Music. #Web3
Fidelity Digital Assets announced the availability of Fidelity Crypto. According to The Block, millions of Fidelity customers will be able to trade Bitcoin and Ether commission-free on the new Fidelity Crypto platform.
#digital #crypto #BTC #bullmarket #Binance
#digital #crypto #BTC #bullmarket #Binance
Explained : What is SegWit? Its Advantages and Disadvantages (Must Read...)
Segregated Witness (SegWit) is a technology upgrade to the #Bitcoin network that was activated in August 2017. It was designed to solve some of the long-standing issues on the Bitcoin network, such as transaction malleability, block size limit, and network scalability. In this article, we will discuss the concept of SegWit, its advantages, its implementation, and its impact on the Bitcoin network.
What is SegWit?
SegWit is a technology upgrade that separates the #digital signature data from the transaction data in a block, allowing for more transactions to be processed in each block. This separation of data is achieved by introducing a new transaction format that moves the witness data (digital signature) outside of the transaction block, thus reducing the size of the transaction block. The increased block capacity allows for more transactions to be processed per second, making the network more scalable.
Advantages of SegWit:
There are several advantages of using SegWit on the Bitcoin network:
Transaction Malleability: SegWit solves the problem of transaction malleability by separating the signature data from the transaction data. This prevents malicious actors from altering the transaction ID, which could result in a double-spending attack.
Network Scalability: SegWit increases the block size limit to allow for more transactions to be processed per second. This improves the network's scalability and reduces transaction fees.
Lightning Network: SegWit is a critical component for the implementation of the Lightning Network, a layer-two payment protocol that allows for instant, low-cost transactions on the Bitcoin network.
Script Versioning: SegWit introduces script versioning, which allows for easier upgrades to the Bitcoin network without a hard fork. This makes it easier for developers to implement new features on the Bitcoin network.
Implementation of SegWit:
The implementation of SegWit involved a soft fork, which is a backward-compatible upgrade to the Bitcoin network. This means that the nodes that upgraded to SegWit can still communicate with the nodes that have not upgraded. The activation of SegWit required 95% of the mining nodes to signal their support, and it was activated on August 24, 2017.
Impact of SegWit on the Bitcoin Network:
Since the activation of SegWit, the Bitcoin network has experienced several positive changes:
Reduced Transaction Fees: The increased block size limit has reduced the number of unconfirmed transactions, resulting in lower transaction fees.
Faster Transactions: SegWit has improved the speed of #transactions on the Bitcoin network, making it faster and more efficient.
Increased Adoption: SegWit has been widely adopted by #wallets and #exchanges making it easier for users to send and receive Bitcoin.
Enhanced Security: SegWit has improved the security of the Bitcoin network by addressing the issue of transaction malleability.
Final Verdict:
SegWit is a significant technology upgrade to the Bitcoin network that has improved its scalability, speed, and security. Its implementation involved a soft fork, which was activated in August 2017. Since its activation, SegWit has had a positive impact on the Bitcoin network, resulting in reduced transaction fees, faster transactions, increased adoption, and enhanced security. With SegWit, the Bitcoin network has become more efficient, scalable, and ready for future developments.
What is SegWit?
SegWit is a technology upgrade that separates the #digital signature data from the transaction data in a block, allowing for more transactions to be processed in each block. This separation of data is achieved by introducing a new transaction format that moves the witness data (digital signature) outside of the transaction block, thus reducing the size of the transaction block. The increased block capacity allows for more transactions to be processed per second, making the network more scalable.
Advantages of SegWit:
There are several advantages of using SegWit on the Bitcoin network:
Transaction Malleability: SegWit solves the problem of transaction malleability by separating the signature data from the transaction data. This prevents malicious actors from altering the transaction ID, which could result in a double-spending attack.
Network Scalability: SegWit increases the block size limit to allow for more transactions to be processed per second. This improves the network's scalability and reduces transaction fees.
Lightning Network: SegWit is a critical component for the implementation of the Lightning Network, a layer-two payment protocol that allows for instant, low-cost transactions on the Bitcoin network.
Script Versioning: SegWit introduces script versioning, which allows for easier upgrades to the Bitcoin network without a hard fork. This makes it easier for developers to implement new features on the Bitcoin network.
Implementation of SegWit:
The implementation of SegWit involved a soft fork, which is a backward-compatible upgrade to the Bitcoin network. This means that the nodes that upgraded to SegWit can still communicate with the nodes that have not upgraded. The activation of SegWit required 95% of the mining nodes to signal their support, and it was activated on August 24, 2017.
Impact of SegWit on the Bitcoin Network:
Since the activation of SegWit, the Bitcoin network has experienced several positive changes:
Reduced Transaction Fees: The increased block size limit has reduced the number of unconfirmed transactions, resulting in lower transaction fees.
Faster Transactions: SegWit has improved the speed of #transactions on the Bitcoin network, making it faster and more efficient.
Increased Adoption: SegWit has been widely adopted by #wallets and #exchanges making it easier for users to send and receive Bitcoin.
Enhanced Security: SegWit has improved the security of the Bitcoin network by addressing the issue of transaction malleability.
Final Verdict:
SegWit is a significant technology upgrade to the Bitcoin network that has improved its scalability, speed, and security. Its implementation involved a soft fork, which was activated in August 2017. Since its activation, SegWit has had a positive impact on the Bitcoin network, resulting in reduced transaction fees, faster transactions, increased adoption, and enhanced security. With SegWit, the Bitcoin network has become more efficient, scalable, and ready for future developments.
Investing in #cryptocurrency is a way to embrace and support technological innovation. #Blockchain technology, the backbone of cryptocurrencies, has far-reaching applications beyond #digital currencies, including supply chain management, healthcare, and #voting systems. By investing in cryptocurrencies, you are not only potentially gaining financially but also contributing to the growth and adoption of transformative technologies.
The #NFT market has experienced a significant downturn, with 95% of NFT assets now deemed worthless.
This dramatic crash highlights the volatility and speculative nature of the NFT space. Many investors who previously flocked to NFTs during the market's peak are now facing substantial losses as the value of their #digital collectibles plummets.
#NFTdrop #nftmarket #TrendingTopic
This dramatic crash highlights the volatility and speculative nature of the NFT space. Many investors who previously flocked to NFTs during the market's peak are now facing substantial losses as the value of their #digital collectibles plummets.
#NFTdrop #nftmarket #TrendingTopic
The #world is rapidly evolving towards a fully #digital reality, with experts predicting that within the next 10 to 15 years, nearly every aspect of our lives will be integrated into the digital sphere. From finance and commerce to healthcare and education, the shift to a digital world is accelerating at an unprecedented pace, driven by advancements in blockchain technology, artificial intelligence, and the Internet of Things (IoT). As we move closer to this future, the importance of digital assets, like cryptocurrencies, continues to grow, positioning them at the heart of this transformation.
Binance is at the forefront of this digital revolution, providing the tools and platforms necessary to navigate this rapidly changing landscape. The future is digital, and those who embrace it now will be the pioneers of tomorrow. Prepare yourself for this inevitable shift by staying informed and involved in the world of digital assets.
#DigitalTransformation #BlockchainTechnology #CryptoFuturesLiquidations
Binance is at the forefront of this digital revolution, providing the tools and platforms necessary to navigate this rapidly changing landscape. The future is digital, and those who embrace it now will be the pioneers of tomorrow. Prepare yourself for this inevitable shift by staying informed and involved in the world of digital assets.
#DigitalTransformation #BlockchainTechnology #CryptoFuturesLiquidations
Introducing Bitcoin –
the revolutionary digital currency that has taken the financial world by storm! Born out of a whitepaper published in 2008 by an enigmatic figure known as Satoshi Nakamoto, Bitcoin has become synonymous with decentralized finance and is changing the way we think about money.
So, what exactly is Bitcoin? At its core, Bitcoin is a decentralized digital currency that enables peer-to-peer financial transactions without the need for intermediaries like banks or governments. It operates on a technology called blockchain, a transparent and secure public ledger that records all Bitcoin transactions.
Unlike traditional fiat currencies, Bitcoin is not controlled or regulated by any central authority. This means that no single entity can manipulate its value or impose restrictions on its usage. This decentralization ensures that Bitcoin remains resistant to censorship and offers financial freedom to individuals around the world.
One of the key features of Bitcoin is its limited supply. There will only ever be 21 million Bitcoin in existence, making it a deflationary currency. This scarcity drives the value of Bitcoin and has led to its reputation as "digital gold." Investors and individuals view Bitcoin as a hedge against inflation and a store of value in turbulent economic times.
Using Bitcoin is as simple as setting up a digital wallet on your computer or smartphone. With your wallet, you can send or receive Bitcoin to anyone, anywhere in the world, in a matter of minutes. The transactions are secure, as every transaction is cryptographically signed and verified by the network of computers running the Bitcoin software.
Bitcoin has also opened up new opportunities for businesses and entrepreneurs. Many companies now accept Bitcoin as a form of payment, broadening their customer base and reaching a global market. Additionally, Bitcoin has sparked the rise of blockchain technology, paving the way for innovative applications such as smart contracts and decentralized finance (DeFi). #bitcoin #digital #BTC🔥🔥
the revolutionary digital currency that has taken the financial world by storm! Born out of a whitepaper published in 2008 by an enigmatic figure known as Satoshi Nakamoto, Bitcoin has become synonymous with decentralized finance and is changing the way we think about money.
So, what exactly is Bitcoin? At its core, Bitcoin is a decentralized digital currency that enables peer-to-peer financial transactions without the need for intermediaries like banks or governments. It operates on a technology called blockchain, a transparent and secure public ledger that records all Bitcoin transactions.
Unlike traditional fiat currencies, Bitcoin is not controlled or regulated by any central authority. This means that no single entity can manipulate its value or impose restrictions on its usage. This decentralization ensures that Bitcoin remains resistant to censorship and offers financial freedom to individuals around the world.
One of the key features of Bitcoin is its limited supply. There will only ever be 21 million Bitcoin in existence, making it a deflationary currency. This scarcity drives the value of Bitcoin and has led to its reputation as "digital gold." Investors and individuals view Bitcoin as a hedge against inflation and a store of value in turbulent economic times.
Using Bitcoin is as simple as setting up a digital wallet on your computer or smartphone. With your wallet, you can send or receive Bitcoin to anyone, anywhere in the world, in a matter of minutes. The transactions are secure, as every transaction is cryptographically signed and verified by the network of computers running the Bitcoin software.
Bitcoin has also opened up new opportunities for businesses and entrepreneurs. Many companies now accept Bitcoin as a form of payment, broadening their customer base and reaching a global market. Additionally, Bitcoin has sparked the rise of blockchain technology, paving the way for innovative applications such as smart contracts and decentralized finance (DeFi). #bitcoin #digital #BTC🔥🔥
- A quiet revolution is underway in the financial landscape due to advancements in fintech and #decentralized finance (DeFi), as reported by Decrypt.
- Bitcoin's recovery from lows is exemplifying the realization of its potential to improve #financial systems with faster settlement times and reduced costs.
- Innovations like Gnosis Card and Gnosis Pay are enabling the easy integration of self-custodial crypto wallets into everyday transactions.
- Monerium's regulated, euro-pegged stablecoin, EURe, comes with an IBAN for seamless user transactions, highlighting the mainstream integration of digital currencies.
- The examples showcase the progressive blending of #digital currencies with conventional financial services.
- As #technology evolves, regulatory frameworks must adapt to keep up with the rapidly changing financial landscape.
- Blockstream, a Bitcoin infrastructure company, aims to raise up to $50 million for the acquisition and storage of undervalued mining equipment on the secondary market.
- Collaborating with STOKR, a Luxembourg-based digital securities marketplace, Blockstream plans to launch Blockstream ASIC (BASIC) notes.
- The company's Head of Mining Sales, James Macedonio, revealed the plan to start by raising $5 million for Series 1 BASIC notes.
- Each BASIC note, valued at $115,000, will fund the large-scale procurement and storage of ASICs.
- The acquired equipment will be resold as #hardware demand increases in 2024, offering a 24-month investment opportunity.
- Accredited international investors will have the opportunity to participate in this investment note.
- Delphi Digital's co-founder, Kevin Kelly, believes the ongoing crypto market activity isn't just another bear market rally.
- Kelly's perspective contrasts with cautious sentiments due to factors like rising interest rates, inflation, and recession concerns.
- He argues that crypto markets are forward-looking, as evident in 2023 prices.
$BTC $ETH $BNB
- Bitcoin's recovery from lows is exemplifying the realization of its potential to improve #financial systems with faster settlement times and reduced costs.
- Innovations like Gnosis Card and Gnosis Pay are enabling the easy integration of self-custodial crypto wallets into everyday transactions.
- Monerium's regulated, euro-pegged stablecoin, EURe, comes with an IBAN for seamless user transactions, highlighting the mainstream integration of digital currencies.
- The examples showcase the progressive blending of #digital currencies with conventional financial services.
- As #technology evolves, regulatory frameworks must adapt to keep up with the rapidly changing financial landscape.
- Blockstream, a Bitcoin infrastructure company, aims to raise up to $50 million for the acquisition and storage of undervalued mining equipment on the secondary market.
- Collaborating with STOKR, a Luxembourg-based digital securities marketplace, Blockstream plans to launch Blockstream ASIC (BASIC) notes.
- The company's Head of Mining Sales, James Macedonio, revealed the plan to start by raising $5 million for Series 1 BASIC notes.
- Each BASIC note, valued at $115,000, will fund the large-scale procurement and storage of ASICs.
- The acquired equipment will be resold as #hardware demand increases in 2024, offering a 24-month investment opportunity.
- Accredited international investors will have the opportunity to participate in this investment note.
- Delphi Digital's co-founder, Kevin Kelly, believes the ongoing crypto market activity isn't just another bear market rally.
- Kelly's perspective contrasts with cautious sentiments due to factors like rising interest rates, inflation, and recession concerns.
- He argues that crypto markets are forward-looking, as evident in 2023 prices.
$BTC $ETH $BNB
Bitcoin Or Ethereum ?
Bitcoin and Ethereum are two of the most popular cryptocurrencies in the world, but they have some significant differences. Here are some of the main ones:Difference Between Bitcoin and Ethereum #BTC Bitcoin was created a #digital currency that can be used for peer-to-peer transactions without the need for any central authority, such as a government or a bank. Bitcoin uses a programming language called Script, which is limited in its functionality and flexibility. Bitcoin has a fixed supply of 21 million coins, which means that there will never be more than that amount of bitcoins in circulation. Bitcoin transactions are validated by miners, who compete to solve complex mathematical problems and earn rewards in bitcoins. Bitcoin transactions are relatively slow and expensive, as they can take up to 10 minutes to confirm and require a fee to be paid to the miners.#ETH Ethereum is a platform that allows users to create and run smart contracts and decentralized applications using blockchain technology. Smart contracts are self-executing agreements that can enforce the terms and conditions of any transaction. Ethereum uses a programming language called Solidity, which is more expressive and powerful, allowing developers to create complex and customized applications. Ethereum has no hard cap on its supply, which means that new ether coins can be created indefinitely. Ethereum transactions are validated by nodes, who run the Ethereum software and verify the state of the network. Ethereum also has a mechanism called proof-of-stake, which allows users to stake their ether coins and earn rewards for securing the network. Ethereum transactions are faster and cheaper, as they can take seconds to confirm and require a lower fee to be paid to the nodes.Upcoming... #ETH #BTC #Web3Wallet