I WONđ„łMY FIRST REWARD IN BINANCE SQUAREđđđđ„ł
Yesterday, 15th November 2023, Assistant in my Creator Center (BinanceSquare) displayed the following message:đšThank you for participating in the âExplore BinanceSquare Now to Share 10,000 USDT in Rewards!â Campaign. You have successfully completed all tasks and will receive your reward within 7 working days.Let me go back in time and explain.On 12 October 2023, BinanceFeed became BinanceSquare. With that, all Binance Users were given permission to post their crypto related content on the platform; quite a dramatic and democratic decision from Binance. đšââïžHowever, before the coming of BinanceSquare, when it was functioning under the name of BinanceFeed, not everyone could publish their crypto related content. You first had to apply to become a Binance Feeder, go through an evaluation process and only after you are selected as a Binance Feeder you could publish your writings.đźâđšI applied to become a Binance Feeder on 25th June 2023. Three days later, on 28th June 2023 I was informed by BinanceFeed that my application was rejected. The reason: Creator content is not Crypto-related. It left a bitter taste in my mouth.đ«You can imagine my happiness when, three months later, Binance opened doors to all people like me who loved to write. The feeling was exhilarating. đI immediately set to work and here is my performance from 12th October (BinanceSquare inauguration) to 15th November (yesterday) According to BinanceSquare data center I have published 25 (posts/articles) during this period. These had gained 1.9K views and 54 Likes whilst my profile had been followed by 56 people. Thatâs for a little over one month. If I keep up at this rate, before the end of my first year in BinanceSquare, I should reach a view count of 22.8K, 648 Likes and 672 Followers. My 1000th Follower would appear in 18 months time. That means my readers would be able to tip me in US dollars if they find my content useful and engaging. Looking at what I have published so far, following salient points I have observed. Coin / token specific posts with dramatic headings, high word count and original content are the #1ïžâŁmost popular.Coin / token specific articles with dramatic headings, low word count and original content are the #2ïžâŁ most popular.Crypto related inspiring stories are at #3ïžâŁCrypto related news republished quoting the original article are at #4Tips to become popular as a content creator in BinanceSquare are at #5Indirectly Crypto related stories remain last (but not least) in the list And after all this, I won the reward.đ°The objective of this article is to make it clear to all Binancians that it is possible to establish yourself as a successful writer in BinanceSquare, complete tasks and win rewards.Key requirement is commitment. Why stop being a writer? Become an investor using your hard earned rewards! Bitcoin $BTC halving đ is due April 2024. It is highly likely that you can make some money out of Crypto if you invest now. However as I always say: DYOR. If you have questions, please comment below! I will try to reply as quickly as possible.đ€ đ#BinanceSquareTalks #BinanceSquareCommunity #BinanceSquareBTC #BinanceSquareInsight
BITCOIN MINING GIANT AIMS TO REDUCE GREENHOUSE GAS EFFECT
Courtesy: Yahoo FinanceStronghold Digital Mining, Inc. is a environmentally friendly, Bitcoin mining company based in the United States. Stronghold's Bitcoin Mining Performance Stronghold generated 620 Bitcoin $BTC during the third quarter of 2023. Network hash rate grew approximately 9% from the second quarter of 2023 to the third quarter 2023. The Company is committed to Bitcoin mining and expects at least 20% sequential growth in hash rate going into the fourth quarter of 2023. Stronghold's CO2 Capturing Initiative Stronghold's Bitcoin miners operate in low-cost, coal power generation facilities in Pennsylvania: namely, Scrubgrass and Panther Creek. These two mining-waste-to-power facilities produce approximately 800,000 to 900,000 tons of ash per year. It has been recently discovered that this ash produced as a natural byproduct of Bitcoin mining, can capture CO2 from ambient air at a capacity of up to 12%. This means Stronghold's ash could capture approximately 100,000 tons of CO2 per year. On November 10, 2023, Stronghold launched the first phase of its carbon capture project at the Scrubgrass Plant. Laboratory tests are conducted by Karbonetiq, Inc. at their Santa Barbara, California.The mechanism: Strongholdâs beneficial use ash naturally contains reactive calcium oxide as a result of including limestone in the fuel mix to reduce sulfur dioxide emissions given high sulfur content in mining waste. Calcium oxide can, under the right conditions, bond with CO2 to form calcium carbonate, effectively absorbing CO2 out of ambient air and permanently storing it in a geologically stable solid. Karbonetiqâs lab results demonstrated that Strongholdâs beneficial use ash can potentially capture CO2 at a capacity of approximately 12% by weight of starting ash with the use of their proprietary, patent pending, direct air capture technology.According to Yahoo Finance, the cost of equipment for the first phase is expected to be less than $100,000, and the Company believes that the scaled project will cost approximately $50-125 per annual ton of CO2 capture capacity. Field testing is in progress with initial results expected by December of 2023. I guess if you notice any investing opportunity connected to reducing carbon emissions as a result of Bitcoin mining, you should give it serious thought.Here's the original article that inspired me to write about Stronghold's novel initiative in greenhouse gas effect reducing bitcoin mining.#BitcoinMiningNews #BitcoinMiningRevenue #BitcoinMining #Bitcoin-BTC
WHALE đ ALERT đł from Foresight News followed by Binance News:
ETH $ETH wallet-to-wallet transaction has been detected đ”ïž
According to Coindesk these w2w transactions are carried out when "whales prefer to maintain a low profile đ„·by ensuring their activities do not cause ripple effects on crypto prices"
"They do this by executing over-the-counter (OTC) trades. The whale sends coins directly to the OTC wallet and vice versa when buying or selling cryptocurrency"
Ethereum Foundation Wallet Transfers 1000 ETH to Another Address
According to Foresight News, the Ethereum Foundation wallet, with an address starting with 0xde0b29, has transferred 1000 ETH to an address beginning with 0xbC9a9. The receiving address now holds a total of 2,669 ETH.
According to CryptoPotato, Ethereum scaling network Polygon's native cryptocurrency, MATIC, has experienced a significant surge in value, increasing by approximately 20% over the past week. This growth is attributed to increased trading activity and a more positive sentiment in the broader crypto market. The upcoming Polygon 2.0 developments could potentially drive the rally further.
In Nansen's latest quarterly report, Polygon demonstrated network resilience amid rising demand for layer and cheaper alternatives, as well as a developer-friendly environment. During the third quarter of 2023, daily gas fees on the Polygon PoS network experienced notable volatility, fluctuating between approximately $29,000 and $132,000. In the same period, the number of daily active addresses on Polygon PoS demonstrated consistent stability, ranging from 275,000 to 466,000.
In terms of user engagement on Polygon PoS, Tether and USDC stood out, boasting 1.6 million and 1.32 million users, respectively. Meanwhile, Chainlink led transaction volume on Polygon PoS during Q3, recording an impressive 47.08 million transactions. This quarter also saw Polygon Labs double down on ZK research, creating several scaling frameworks, including Polygon zkEVM and the Polygon Chain Development Kit (CDK). Since its launch in March, Polygon zkEVM has attracted approximately $100 million in TVL. The CDK, released in August, is an open-source codebase that enables developers to create their own customizable layer 2 chains using Polygon's ZK technology. Several projects, including Canto, Astar, Gnosis, and IDEX, have revealed plans to build ZK layer-2 solutions leveraging the new software toolkit. Polygon Labs is currently working on Polygon Miden, a ZK-rollup designed to deliver a faster, more secure network with minimal transaction costs, set for a Q4 testnet launch.
Hope SEC won't come up with same attitude đ±đđ€ regarding BlackRock ETFs on Bitcoin đąđ$BTC #etf #SECLawsuit
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India Faces Cryptocurrency Regulatory Dilemma: Supreme Court Dismisses Plea for Framework Amidst ...
In a recent turn of events surrounding the regulation of cryptocurrency trading in India, the Supreme Court has declined a Public Interest Litigation (PIL) seeking the establishment of a regulatory framework for the rapidly expanding digital currency market. This decision brings attention to the prevailing uncertainty in the Indian cryptocurrency space due to the absence of well-defined regulatory guidelines.·
For the full story, head over to TheCurrencyAnalytics.com.
Here's proof as to what a community feedback can dođđđđ#CryptoTalks
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Pika Protocol Discontinues PIKA Token and Offers Redemption to Holders
According to Foresight News, Pika Protocol, a decentralized perpetual contract protocol in the Optimism ecosystem, has announced the discontinuation of its PIKA token based on community feedback. The protocol will continue to operate and develop without a native token. PIKA holders can exchange their tokens for the remaining TGE (Token Generation Event) funds, which amount to 3,538 ETH.
PIKA token holders have the right to redeem their tokens at a fixed exchange rate of approximately 0.0001632 ETH (equivalent to $0.34) per PIKA. Pika Protocol has deployed all 3,538 ETH to Uniswap v3. The redemption period for PIKA tokens will be valid for the next six months. After the redemption period ends, any remaining liquidity will be redirected for protocol development.
Pika Protocol was launched in 2021 and raised 4,696 ETH through a TGE in May 2023.
A16z Invests in Blockchain Infrastructure Startups Pimlico and Stackr
According to Blockworks, venture fund a16z participated in two crypto funding rounds this week, focusing on blockchain infrastructure ventures. A16z led a $4.2 million seed round for Pimlico, an infrastructure product that aims to help wallet developers abstract away parts of the payment process. Sriram Krishnan, a16z general partner, praised Pimlico CEO Kristof Gazso's participation in the venture firm's crypto startup school in Los Angeles. Data from 1confirmation general partner Richard Chen shows that the use of Pimlico's form of account abstraction has increased for four consecutive months.
A16z also participated in a $5.5 million seed round for developer tool Stackr. Stackr has built a software development kit (SDK) that allows developers to build Web3 apps using general-programming languages, starting with JavaScript. The platform enables developers to create 'micro-rollups,' which separate execution and proving, prioritizing ease of development over decentralization. Stackr also participated in a16z's 2023 crypto startup school.
These investments mark a16z crypto's return to backing blockchain infrastructure startups, with their last similar move being in LayerZero's $120 million round in April, according to CryptoRank. In other news, Lightspeed Faction announced its $285 million crypto venture fund this week, with a primary interest in infrastructure and protocol level projects.
Additionally, the decentralized AI project Ritual secured $25 million in seed funding, led by Archetype and with participation from Accomplice and Robot Ventures. Ritual aims to launch its platform in early 2024, focusing on allowing AI to preserve transparency and privacy. The project is advised by the founders of NEAR Protocol and Eigenlayer.
I got this idea when reading about future of the gaming and crypto industry: why not bring in our forgotten classics in English Literature into blockchain gaming, cryptocurrency and artificial intelligence?đ€đ
Likewise, Little Women by Louisa May Alcott, Pride and Prejudice by Jane Austen, Peter Pan by J.M. Barrie, Wizard of Oz by L. Frank Baum, Lorna Doone by R.D. Blackmore, 39 Steps by John Buchan, Aliceâs Adventures in Wonderland and Through the Looking Glass by Lewis Carroll, Don Quixote by Miguel de Cervantes - to name a few - would certainly add vibrance and colour to our virtual worldsđź
The move would also revive the forgotten era of paperbacks and attract investors who still love the bygone days of the 18th century classics.
What's your favourite classic you enjoyed recently that you would love to see adopted in blockchain gaming - or maybe a new cryptocurrency launched based on its memorable characters?
đđđLET'S GET A WALLET BALANCE INDICATOR FOR CONVERT đ±đąđđ€ đ„đČ
I have about fifty different types of cryptocurrency in my funding wallet. đđ
My problem is when I am about to convert my USDT to a new type of cryptocurrency, I can't easily remember all the types of crypto that's already in my wallet.đ”âđ«đ€Ż
If Binance Admin Ladies and Gentlemen could kindly introduce an indicator that shows us the existing balance of a cryptocurrency when we select that particular cryptocurrency to convert into, that would be great help. If we don't have that cryptocurrency in our wallet (may it be spot, funding or earning), the indicator should show us a zero balance. đđ
You guys have already introduced an indicator for the cryptocurrency we want to convert from. Why not introduce a one for the cryptocurrency we want to convert into?đ„đ€
If you resolve this problem we could make converting decisions much better because we get an idea about what we have, what we don't have, how much we have from what and how much we are going to have from what. Sorry - that sounds confusing. But that's what it is all about. đ
It would also save us from the trouble of worrying about converting into the same currency repeatedly. Say, we have 10 from WLD coin; but we can't remember we already have it. We will end up buying it again when we see a price dip.đđđđđŁđ
I have been shifting through the profiles of my Followers recently đwith the objective of thanking them for - well, yeah - Following me, when I noticed most of them could have easily accumulated a substantial Follower count đŹđŹđŹđŹđŹđŹđŹđŹđđ if they pay a bit more attention in refining their profiles đšđïž
đą You can enrich your profile using text in three data types: Bio, Nickname and Username. Available character space for the Bio is 160. For Nickname: 60 For Username 25. Keep in mind you can change your Username ONLY ONCE.
In my opinion, I think you should spend some serious time developing your Bio in BinanceSquare. This is the first thing your fellow Binancians would see when they visit your profile. Write something friendly and nice about yourself that makes you approachable. If not, add something professional. People do not touch the Follow button just because they feel like it. Many of them spend their time contemplating their decisions. Binancians are investors. They study well before they do something. Do not take it for granted that Binancians would follow you when you say "Follow to Follow".
If you need help developing a Bio please comment below. I'll reply đ
As for the Nickname and Username, I kept both same. Only difference is the @ mark. You see, my Nickname is CryptoCry. My Username is @CryptoCry. Simple.
There's something additional I want to draw your attention to. You see the red arrow in the screenshot (at the end of this post) that indicates a tiny black arrow on top right hand corner?âïž You touch on it and you will see VERY BEAUTIFUL version of your profile that would really captivate anyone looking at itđđđ
A humble request to BinanceSquare Admin Ladies and Gentlemen: Please ADD VIEW COUNT ALSO to this very eye catching version of our profiles!đ„đ€ đ€
REQUEST FOR UNLIMITED COMMENTS đ€đđââïžđđđ„ I have been posting the following simple comment on several BinanceSquare profiles that I found interesting during past few minutes:
"Hello đNice to meet đWhich country are you fromđđââïž"
My objective was to make friends đŹwith my fellow Binancians in BinanceSquare social media platform. đ€·
Since there was no Private Messaging facility available, one of my innocent strategies was to drop a friendly hello to their first post article in BinanceSquare and meet new people đ€·
Moments later, BinanceSquare notified me that I've been posting comments too frequently and that I won't be able to comment for a certain period of time.đ
I guess this is a system generated restriction to prevent misuse of the comment feature.đ€Š
However, in a way, it also contradicts one condition that BinanceSquare expects us to fulfill as one of their foremost tasks: Like and Comment Articles or Posts of fellow Binancians.đ
In my opinion, either this task should be entailed with a condition that comply with the system generated restriction OR this restriction removed altogether to enable us to proceed with the comments. đ
I suggest that it would be great if unlimited commenting is enabled. đ
But if these comments include sensitive information, links to external websites, harmful content, etc. then it's quite reasonable for BinanceSquare Admins to activate the said restriction.đ
Thank you very much for taking the time to readđđ
I have 0.1 worth of Qtum in my funding wallet. A Qtum coin costs about 3 dollars as of today (30.10.2023). But I am more interested in what the Qtum team has to offer the blockchain industry, and yes - what will become of my 0.1 Qtum in the coming years. Will it ride a quantum wave to millions or will it dwindle down to minuscules? I heard that its Multi-wallet Ecosystem supports Android, Windows, Mac, Linux, hardware wallet, web and other clients. But to learn more I visited their website. Their punchline is âBLOCKCHAIN DONE RIGHTâ. [Courtesy: Qtum.com]âFast, Green, Stable, Decentralized,â says Qtum and identify itself as âa scalable Proof-of-Stake platform that allows developers to leverage the upstream benefits of Ethereum and Bitcoinâ [Courtesy: Qtum.com]I went through their whitepaper. There are four major developments worth noting: AAL, x86, MPoS and DGP. Going through them, I felt I should have invested more in Qtum. Account Abstraction Layer (AAL): The Bitcoin ecosystem is based on the UTXO (Unspent Transaction Output) model. The Ethereum ecosystem is based on the smart contract Account model.  Since their models are different, interoperability between blockchains is not strong. Account Abstraction Layer (AAL) alleviates this issue and enables smooth interoperability between the two blockchains. CoinStats site points out that this gives Qtum a unique ability to benefit from updates in both Bitcoin and Ethereum ecosystems.  x86 Virtual Machine:This solution carries out simple modifications using many existing compilers and programming languages making it possible to write smart contracts that run on the Qtum blockchain. Providing developers with more standard libraries that would exist as pre-compiled contracts, x86 would greatly reduce the difficulty of developing smart contracts and development operating costs. It also overcomes limitations of EVM computing and Solidity language issues. In addition, x86 sports a new state storage model to solve the problem of excessive growth for the blockchain. Mutualized Proof-of-Stake (MPoS) Consensus Mechanism:With regard to security vulnerabilities such as "junk contract" attacks, Qtum's MPoS "increases the cost of attacks by sharing the block reward among block-producing nodes and delaying the payments. Each new block reward is divided equally between the block producing miner and 9 previous miners (10%of the reward to each), and the remaining 90% of the rewards are delayed by 500 blocks". Due to this mechanism the attackers can neither "predict how much block rewards can be obtained nor to obtain block rewards immediately". Staging "junk contract" attacks has become possible only in a theoretical sense; and impossible to make it happen in real life.Decentralized Governance Protocol (DGP)When disagreements take place in a community supported by a blockchain, critical consensus parameters should be modified and hard forks have to be implemented to facilitate the new direction adopted by the community.  But rather than using a hard fork, Qtum handles most disagreements within its community through smart contracts deployed in the genesis blocks. Miners (stakers), developers, and Qtum holders within the entire ecosystem are involved in blockchain governance. Self-management, upgrades, and iteration takes place by voting by the said stakeholders. critical consensus parameters are modified by the DGP process for an on-chain software update without depending on a hard fork. In addition to AAL, x86, MPoS and DGP, there is Qtum 2.0 in the pipeline. It would enrich the existing Qtum with new features that include: Confidential Assets, Offline Staking, and Chain-Cloud Integration. But since they are still at experimental level, I will wait until they roll out. CoinStats site quotes a X / twitter post from Qtum that announces a mandatory update for the Qtum mainnet scheduled for 27, Nov 2023.What I love most is the Qtum Incentive Program that consists of a developer incentive fund of 15 million dollars provisioned for smart contract developers who are passionate in trying out innovative ideas. Qtum states that they host frequent hackathons. Equipped with AAL, x86, MPoS and DGP, what is going to be the future of Qtum? According to their statistics, Qtumâs layer 1 network is currently around 1100 transactions per second. With 1371 Total Unique Staking Addresses, 223 Total Unique Delegated Addresses, 25 Total Unique Super Stakers, 40,500.5 Qtum Awarded to Stakers, the platform hosts the largest blockchain networks with 500+ nodes distributed across 60+ countries on 6 continents.Qtum price predictions for the coming years vary from one website to another. I am not certain about a Quantum leap in price. The best thing is to carefully observe the technical analyses done by your fellow Bianancians you can see in BinanceSquare and do your own research before investing. $QTUM $BTC $ETH #Qtum #QTUM/USDT #qtumusdt #crypto2024
"SUGGEST AN EDIT" BUTTON: A humble request to BinanceSquare Admin Ladies and Gentlemen đđ Can you please introduce a button đ for all introduction sections of all Crypto coins and tokens registered in Binance? đ (screenshot available at the end of this post)
I can see that many coins and tokens have come a long way compared to the introduction you are currently displaying. đ€
You guys introduce this button; we as the BinanceSquare community will suggest edits. âïž You can also introduce hierarchy levels for editing, like in Wikipedia âșïž
That way we can stay updated about latest technical advances in coins and tokens đ
According to market analysis, the following are the most significant attributes of Tellor (TRB) that makes it a popular choice of crypto millionaire investorsđžđȘđ€:
#1 Controlled Circulation đïž
#2 Manipulation by Whales đ
#3 Integration into Manta Network đ
#4 Alternative to ChainLink —ïž
#5 Ethereum Based, Decentralised Model âšïž
#6 Predictions by market analysts đȘ
#7 Belief and faith of majority đ
$TRB $ETH
WORD OF CAUTION Please do your own research before risking your hard earned money on any kind of investment.
GREEN FROG READY FOR BIG LEAP? The crypto market has become very green during the past few days. What of the green frog we were so excited about some time ago?
In the wake of the Bitcoin boom this October due to ETF fake news, all other altcoins have become likewise costly. Ethereum based PEPE token has re-emerged, with that smiling green frog that we know so well.
PEPE has made headlines with the recent burning of their tokens and shifting of balances to Centralized Exchanges. As altcoin whales are buying into PEPE, its value is steadily rising.
If the pace continues, PEPE would soon head the meme token market.
The $PEPE pump, Monthly, Hourly, Daily (image courtesy: Binance)
Global Media and Information Literacy Week, 24-31 October (A/RES/75/267) is here! đđâïž
According to UNESCO official website: "Global Media and Information Literacy Week, commemorated annually, is a major occasion for mobilizing worldwide stakeholders to raise awareness in order to increase national take-up and celebrate the progress achieved towards Media and Information Literacy for All â underlining the importance of this Global Week, celebrated since 2011"
Message from Audrey Azoulay, UNESCO Director-General: "With the spread of rumors and the distortion of facts, the boundary between true and false has become blurred. This is undermining the very foundations of our societies and democracies and putting lives at risk through the propagation of fake cures, the fueling of vaccine conspiracy theories, or the spread of racism and hate speech. In this deluge of information, we need more reference points and more rational thinking. And that is why media and information literacy is such a key skill for the education of 21st-century citizens."
Theme of Global Media and Information Literacy Week this year: âMedia and Information Literacy in Digital Spaces: A Collective Global Agenda"
ln my opinion, this Global Media and Information Literacy Week should be celebrated as Global Media and Crypto-Literacy Week by BinanceSquare, parallel to the original. đ