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Understanding Nervos Network (CKB): A Simple Guide
1. Introduction
Nervos Network (CKB) is a blockchain system that builds on Bitcoin’s technology with extra layers to improve scalability and functionality. Nervos is designed to support Bitcoin’s growth as a Layer 2 (L2) platform and aims to expand Bitcoin’s capabilities by allowing more complex programming and smart contracts.
2. Why Nervos?
Bitcoin is powerful, but it has limitations, especially around speed, transaction volume, and programming flexibility. Nervos Network solves these issues by building on Bitcoin’s strengths while addressing its limitations.
3. Key Technologies
Cell Model: Nervos uses a unique data storage model called the “Cell model,” which allows more flexible and scalable data management than Bitcoin’s original system. This helps Nervos support more complex applications and smart contracts. CKB-VM: Nervos created its own virtual machine (CKB-VM) that allows developers to use a wider range of programming languages (like C and Rust). This helps build a stronger developer community around Nervos.
RGB++ Protocol: Nervos enhances Bitcoin’s abilities with the RGB++ protocol, which allows asset issuance and complex smart contracts for Bitcoin without needing cross-chain bridges.
4. Nervos Network Architecture
Nervos has a layered architecture with a main blockchain layer (called CKB) that uses a customized Proof of Work (PoW) consensus model. The CKB blockchain supports features like quick transaction confirmations and added security with its custom hash function, Eaglesong.
5. Future Enhancements
Payment Channels: Nervos is working on integrating payment channels, like the Perun payment system, which will help with faster off-chain transactions. Integration with Lightning Network: Nervos is also aiming to connect with Bitcoin’s Lightning Network, enabling seamless BTC and CKB transactions without third-party involvement.
Nervos Network is an advanced blockchain platform designed to scale Bitcoin’s capabilities, allowing for secure and fast. $CKB @CKB Eco Fund
1. Introduction
Nervos Network (CKB) is a blockchain system that builds on Bitcoin’s technology with extra layers to improve scalability and functionality. Nervos is designed to support Bitcoin’s growth as a Layer 2 (L2) platform and aims to expand Bitcoin’s capabilities by allowing more complex programming and smart contracts.
2. Why Nervos?
Bitcoin is powerful, but it has limitations, especially around speed, transaction volume, and programming flexibility. Nervos Network solves these issues by building on Bitcoin’s strengths while addressing its limitations.
3. Key Technologies
Cell Model: Nervos uses a unique data storage model called the “Cell model,” which allows more flexible and scalable data management than Bitcoin’s original system. This helps Nervos support more complex applications and smart contracts. CKB-VM: Nervos created its own virtual machine (CKB-VM) that allows developers to use a wider range of programming languages (like C and Rust). This helps build a stronger developer community around Nervos.
RGB++ Protocol: Nervos enhances Bitcoin’s abilities with the RGB++ protocol, which allows asset issuance and complex smart contracts for Bitcoin without needing cross-chain bridges.
4. Nervos Network Architecture
Nervos has a layered architecture with a main blockchain layer (called CKB) that uses a customized Proof of Work (PoW) consensus model. The CKB blockchain supports features like quick transaction confirmations and added security with its custom hash function, Eaglesong.
5. Future Enhancements
Payment Channels: Nervos is working on integrating payment channels, like the Perun payment system, which will help with faster off-chain transactions. Integration with Lightning Network: Nervos is also aiming to connect with Bitcoin’s Lightning Network, enabling seamless BTC and CKB transactions without third-party involvement.
Nervos Network is an advanced blockchain platform designed to scale Bitcoin’s capabilities, allowing for secure and fast. $CKB @CKB Eco Fund
🔥
#HMSTR Investment Value Analysis
Trading Strategies for $HMSTR
Due to SHMSTR's high volatility, day traders can make quick profits by taking advantage of price movements within a single day. This strategy involves holding $HMSTR for a few days or weeks to profit from larger price shifts in the market. Some platforms offer staking options, where you can earn rewards by locking up $HMSTR for a certain period. Long-term investors might hold SHMSTR if they believe in the project's future growth.
Token Analysis and Future Value
- Current Price: SHMSTR is trading at around $0.006842.
- Market Cap: The token's market cap is about $440.47 million.
- Future Predictions: Some analysts predict
SHMSTR could grow to $0.009169 by 2030, with more optimistic estimates ranging between $0.114109 and $0.54331 by 2025.
Usage Scenarios
SHMSTR is used in the Hamster Kombat game for buying upgrades, items, and participating in events. SHMSTR can be traded on major crypto exchanges like Bitget, Bybit, KuCoin, Binance and OKX. Players can earn SHMSTR through gameplay and potentially stake it for additional rewards.
Hamster Kombat Ecosystem
Hamster Kombat, a play-to-earn game, runs on The Open Network (TON) blockchain, allowing players to earn $HMSTR tokens.
The game has millions of active users who are drawn to its exciting gameplay and reward system.
The ecosystem is expanding with plans for new games, NFT integration, and a Web3 gaming platform.
Recent Trading Performance
- Current Price: $HMSTR is priced at around $0.006802.
- 24-Hour Trading Volume: Trading volume is roughly $894.38 million in the last 24 hours.
- Market Cap: SHMSTR's market cap is approximately $437.86 million.
Historical Performance
In the last week, $HMSTR's price has dropped by 6.71%. The token has ranged between a high of $0.01 and a low of $0.006 over the past month.
Market Sentiment
-SHMSTR is currently ranked 164 among cryptocurrencies based on its market cap.
-It has a strong and active community, contributing to high trading activity.
#BinanceLaunchpoolHMSTR #HMSTR
Trading Strategies for $HMSTR
Due to SHMSTR's high volatility, day traders can make quick profits by taking advantage of price movements within a single day. This strategy involves holding $HMSTR for a few days or weeks to profit from larger price shifts in the market. Some platforms offer staking options, where you can earn rewards by locking up $HMSTR for a certain period. Long-term investors might hold SHMSTR if they believe in the project's future growth.
Token Analysis and Future Value
- Current Price: SHMSTR is trading at around $0.006842.
- Market Cap: The token's market cap is about $440.47 million.
- Future Predictions: Some analysts predict
SHMSTR could grow to $0.009169 by 2030, with more optimistic estimates ranging between $0.114109 and $0.54331 by 2025.
Usage Scenarios
SHMSTR is used in the Hamster Kombat game for buying upgrades, items, and participating in events. SHMSTR can be traded on major crypto exchanges like Bitget, Bybit, KuCoin, Binance and OKX. Players can earn SHMSTR through gameplay and potentially stake it for additional rewards.
Hamster Kombat Ecosystem
Hamster Kombat, a play-to-earn game, runs on The Open Network (TON) blockchain, allowing players to earn $HMSTR tokens.
The game has millions of active users who are drawn to its exciting gameplay and reward system.
The ecosystem is expanding with plans for new games, NFT integration, and a Web3 gaming platform.
Recent Trading Performance
- Current Price: $HMSTR is priced at around $0.006802.
- 24-Hour Trading Volume: Trading volume is roughly $894.38 million in the last 24 hours.
- Market Cap: SHMSTR's market cap is approximately $437.86 million.
Historical Performance
In the last week, $HMSTR's price has dropped by 6.71%. The token has ranged between a high of $0.01 and a low of $0.006 over the past month.
Market Sentiment
-SHMSTR is currently ranked 164 among cryptocurrencies based on its market cap.
-It has a strong and active community, contributing to high trading activity.
#BinanceLaunchpoolHMSTR #HMSTR
BREAKING: #Elon_Musk is once again promoting $Dogecoin with a Doge-themed photo. Keep an eye on Dogecoin—if Donald Trump wins the U.S. election, Elon Musk could definitely send $Dogecoin to the moon!
#BinanceTurns7 $BTC
#BinanceTurns7 $BTC
🔥
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Binance South Asia
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Exclusive for Indian Creators: Extra $5,000 FDUSD Rewards on Top of 30% Write to Earn Commission
For one month only, Indian creators have an exclusive opportunity to earn extra rewards through the “ Write to Earn" promotion! The top 25 Indian creators with the highest weekly “Write to Earn” earnings will receive $50 FDUSD each, awarded weekly. Don't miss out on this incredible chance!
As part of “Write to Earn”, eligible Binance Square creators who post qualified content on Binance Square may each earn up to 30% trading fee commissions from their readers’ Spot, Margin and/or Futures trade(s).
India Leaderboard Promotion Details
Duration: 2024-09-23 00:00 (UTC) – 2024-10-30 23:59 (UTC)Rewards: Top 25 Indian creators with the highest weekly “Write to Earn” earnings will receive $50 FDUSD each.
India Leaderboard Promotion Eligibility
Only users who have completed India KYC are eligible to participate in the promotion.
How to Participate in Write to Earn
Click on the [[Register Now](https://www.binance.com/en/square/WritetoEarn)] button on the promotion page. Publish qualified content pieces (i.e., short posts, long articles, videos, or polls) on Binance Square. Get up to 30% in trading fee commissions from regular and VIP 1 - 2 users’ Spot, Margin, and Futures trade(s) (excluding copy trading) when they complete the trade(s) directly after clicking on a coin cashtag (e.g., $BTC) or any of the coin price widgets in one of your qualified content pieces, as per the screenshot below.
Terms & Conditions
This promotion is available only to creators with India KYC.Weekly leaderboard for India Write to Earn participants will be posted weekly. Each week runs from Monday 00:00 (UTC) to Sunday 23:59 (UTC).Extra rewards will be allocated within 30 working days after the promotion ends in FDUSD token vouchers. The voucher will expire within 14 days after distribution. Eligible users should claim their voucher rewards before the expiration date. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Write to Earn Promotion may not be available in your region. Detailed terms and conditions about the “Write to Earn” campaign can be found here. Binance reserves the right to cancel a user’s eligibility in this promotion if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.The Binance Privacy Notice shall apply for personal data collected under this Promotion. Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending this promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right of final interpretation of this promotion.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: All content on Binance Square is presented on an “as is” basis for information purpose only (without representation or warranty). Binance Square includes content posted by third parties, which shall not be construed as endorsement by Binance of such views. No content shall be construed as financial advice. See Terms of Use for more information.
As part of “Write to Earn”, eligible Binance Square creators who post qualified content on Binance Square may each earn up to 30% trading fee commissions from their readers’ Spot, Margin and/or Futures trade(s).
India Leaderboard Promotion Details
Duration: 2024-09-23 00:00 (UTC) – 2024-10-30 23:59 (UTC)Rewards: Top 25 Indian creators with the highest weekly “Write to Earn” earnings will receive $50 FDUSD each.
India Leaderboard Promotion Eligibility
Only users who have completed India KYC are eligible to participate in the promotion.
How to Participate in Write to Earn
Click on the [[Register Now](https://www.binance.com/en/square/WritetoEarn)] button on the promotion page. Publish qualified content pieces (i.e., short posts, long articles, videos, or polls) on Binance Square. Get up to 30% in trading fee commissions from regular and VIP 1 - 2 users’ Spot, Margin, and Futures trade(s) (excluding copy trading) when they complete the trade(s) directly after clicking on a coin cashtag (e.g., $BTC) or any of the coin price widgets in one of your qualified content pieces, as per the screenshot below.
Terms & Conditions
This promotion is available only to creators with India KYC.Weekly leaderboard for India Write to Earn participants will be posted weekly. Each week runs from Monday 00:00 (UTC) to Sunday 23:59 (UTC).Extra rewards will be allocated within 30 working days after the promotion ends in FDUSD token vouchers. The voucher will expire within 14 days after distribution. Eligible users should claim their voucher rewards before the expiration date. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Write to Earn Promotion may not be available in your region. Detailed terms and conditions about the “Write to Earn” campaign can be found here. Binance reserves the right to cancel a user’s eligibility in this promotion if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.The Binance Privacy Notice shall apply for personal data collected under this Promotion. Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending this promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right of final interpretation of this promotion.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: All content on Binance Square is presented on an “as is” basis for information purpose only (without representation or warranty). Binance Square includes content posted by third parties, which shall not be construed as endorsement by Binance of such views. No content shall be construed as financial advice. See Terms of Use for more information.
🔥🔥
My analysis on CARV project
1. CARV introduces a new technology called the CARV Protocol, which helps users control, own, and earn money from their data.
2. With the CARV Protocol, people can safely share and manage their data while keeping their privacy.
3. The system lets users decide how their data is used across gaming and AI platforms.
4. CARV aims to make data valuable for everyone, from businesses to gamers, in a fair way.
5. CARV is leading the way in changing how data is protected and shared.
6. The CARV Protocol brings new chances for innovation in gaming and AI by offering secure and open data sharing.
7. CARV helps users earn money from their data while keeping it safe and private.
8. CARV’s goal is to create a clear and fair system for sharing data that benefits everyone.
9. In the future, CARV will connect even more with the gaming and AI industries to boost data use and technology.
10. As gaming and AI grow, CARV will keep helping users benefit from their data while driving innovation and new opportunities for everyone.
#BTC☀ #BinanceTurns7
#CARVingTheFutureOfData
#BinanceWeb3Airdrop
@CARV
1. CARV introduces a new technology called the CARV Protocol, which helps users control, own, and earn money from their data.
2. With the CARV Protocol, people can safely share and manage their data while keeping their privacy.
3. The system lets users decide how their data is used across gaming and AI platforms.
4. CARV aims to make data valuable for everyone, from businesses to gamers, in a fair way.
5. CARV is leading the way in changing how data is protected and shared.
6. The CARV Protocol brings new chances for innovation in gaming and AI by offering secure and open data sharing.
7. CARV helps users earn money from their data while keeping it safe and private.
8. CARV’s goal is to create a clear and fair system for sharing data that benefits everyone.
9. In the future, CARV will connect even more with the gaming and AI industries to boost data use and technology.
10. As gaming and AI grow, CARV will keep helping users benefit from their data while driving innovation and new opportunities for everyone.
#BTC☀ #BinanceTurns7
#CARVingTheFutureOfData
#BinanceWeb3Airdrop
@CARV
🔥🔥
CARV is changing how data is used in gaming and AI by giving people control over their own data. Through its CARV Protocol, users can manage, share, and earn from their data while keeping their privacy. This creates a fair data system that benefits both users and businesses.
The CARV Protocol makes data sharing easy and safe, allowing users to profit from how their data is used. This benefits both gaming companies and the players by creating a transparent system where everyone gains value.
CARV aims to make data a valuable asset for everyone, pushing growth, new ideas, and teamwork. By bringing together data from Web2 and Web3, CARV improves user experiences and helps AI development with high-quality data ready for training.
One key feature is that CARV lets users combine and control their digital identity. They can choose how to share their information for more personalized gaming experiences and earning opportunities. This also gives game developers better data to understand and engage players.
CARV helps AI grow by providing large, useful data sets that have been reviewed by people. This ensures that data is shared in a safe and private way that follows the rules.
Looking forward, CARV plans to support various blockchain layers by providing tools for identity and reputation. This will help developers create better apps that are connected to the real world, driving innovation in gaming and AI.
Overall, CARV is set to change the gaming and AI industries by giving users control over their data and ensuring it is used fairly and transparently. This will lead to growth, new ideas, and benefits for both businesses and gamers.
#CARVingTheFutureOfData
#BinanceWeb3Airdrop
@CARV
The CARV Protocol makes data sharing easy and safe, allowing users to profit from how their data is used. This benefits both gaming companies and the players by creating a transparent system where everyone gains value.
CARV aims to make data a valuable asset for everyone, pushing growth, new ideas, and teamwork. By bringing together data from Web2 and Web3, CARV improves user experiences and helps AI development with high-quality data ready for training.
One key feature is that CARV lets users combine and control their digital identity. They can choose how to share their information for more personalized gaming experiences and earning opportunities. This also gives game developers better data to understand and engage players.
CARV helps AI grow by providing large, useful data sets that have been reviewed by people. This ensures that data is shared in a safe and private way that follows the rules.
Looking forward, CARV plans to support various blockchain layers by providing tools for identity and reputation. This will help developers create better apps that are connected to the real world, driving innovation in gaming and AI.
Overall, CARV is set to change the gaming and AI industries by giving users control over their data and ensuring it is used fairly and transparently. This will lead to growth, new ideas, and benefits for both businesses and gamers.
#CARVingTheFutureOfData
#BinanceWeb3Airdrop
@CARV
CARV is changing how data is used in gaming and AI by giving people control over their own data. Through its CARV Protocol, users can manage, share, and earn from their data while keeping their privacy. This creates a fair data system that benefits both users and businesses.
The CARV Protocol makes data sharing easy and safe, allowing users to profit from how their data is used. This benefits both gaming companies and the players by creating a transparent system where everyone gains value.
CARV aims to make data a valuable asset for everyone, pushing growth, new ideas, and teamwork. By bringing together data from Web2 and Web3, CARV improves user experiences and helps AI development with high-quality data ready for training.
One key feature is that CARV lets users combine and control their digital identity. They can choose how to share their information for more personalized gaming experiences and earning opportunities. This also gives game developers better data to understand and engage players.
CARV helps AI grow by providing large, useful data sets that have been reviewed by people. This ensures that data is shared in a safe and private way that follows the rules.
Looking forward, CARV plans to support various blockchain layers by providing tools for identity and reputation. This will help developers create better apps that are connected to the real world, driving innovation in gaming and AI.
Overall, CARV is set to change the gaming and AI industries by giving users control over their data and ensuring it is used fairly and transparently. This will lead to growth, new ideas, and benefits for both businesses and gamers.
#CARVingTheFutureOfData
#BinanceWeb3Airdrop
@CARV
The CARV Protocol makes data sharing easy and safe, allowing users to profit from how their data is used. This benefits both gaming companies and the players by creating a transparent system where everyone gains value.
CARV aims to make data a valuable asset for everyone, pushing growth, new ideas, and teamwork. By bringing together data from Web2 and Web3, CARV improves user experiences and helps AI development with high-quality data ready for training.
One key feature is that CARV lets users combine and control their digital identity. They can choose how to share their information for more personalized gaming experiences and earning opportunities. This also gives game developers better data to understand and engage players.
CARV helps AI grow by providing large, useful data sets that have been reviewed by people. This ensures that data is shared in a safe and private way that follows the rules.
Looking forward, CARV plans to support various blockchain layers by providing tools for identity and reputation. This will help developers create better apps that are connected to the real world, driving innovation in gaming and AI.
Overall, CARV is set to change the gaming and AI industries by giving users control over their data and ensuring it is used fairly and transparently. This will lead to growth, new ideas, and benefits for both businesses and gamers.
#CARVingTheFutureOfData
#BinanceWeb3Airdrop
@CARV
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