Kevin Rooke Self -reliant developer projects Grayscale’s amount to its bitcoin stockpile to a price parallel to 1.5 times of the new BTC mined after the Bitcoin halving.
Cryptocurrency fund manager Grayscale Investments is accumulating Bitcoin at a rate similar to 150% of the new coins generated by miners from the May 11 block reward halving.
Kevin Rooke, self-reliant Grayscale, delivered information that Grayscale has added 18,910 BTC to its Bitcoin Investment Trust since the halving, and from May 11, 12,337 Bitcoins have been mined only.
CEO, Changpeng Zhao Binance re-released the chart, commenting: “There isn’t enough new supply to go around, even just one guy.”
According to Kevin, Grayscale has bought around 34% of the total mined coins in Q1 if 2020. Grayscale accumulated 60762 BTC over days. The average weekly investment in Q1 2020 is $29.9 million that is more than 800% growth over a year.
Kevin’s latest data shows that Grayscale has increased the buying of bitcoin by 100% as compared to Q1 2020. The average daily buying in Q1 is 607.62 BTC, which is now increased to 1112.35 BTC daily.
Grayscale Echos Off On CBDCs
The company desired to reproof analogies differentiating to central bank-issued digital currencies (CBDC) in the latest feedback issued by Grayscale.
“CBDCs are sometimes viewed as synonymous to, or as replacements for, digital currencies like Bitcoin, but they represent a meaningful departure from the decentralized protocols inherent to many cryptocurrencies,” the report stated.
Grayscale added :
“CBDCs attempt to upgrade payment infrastructure while Bitcoin is an attempt to upgrade money. If CBDCs gain traction, they may bolster the value proposition for Bitcoin and other digital currencies,”
The report entitled the feeling of economist John Vaz, who just said to Cointelegraph that CBDCs contain “a kind of rearguard action being fought by the central banks because they don’t like cryptocurrency.”
Vaz noticed, “Central bank digital currencies are probably more about tracking money than providing benefit.”
Cumstar Token is a top trending crypto token that was recently added to CoinMarketCap, and today we’ll take a look inside this Adult Cryptocurrency Project that claims to change the Adult Entertainment Industry.
Today, we’ll look at one of the top adult altcoins introduced to CoinMarketCap, and are generating the most significant attention from investors.
Cumstar has recently become the center of attention in the cryptocurrency industry by having one of the most substantial market capitalizations.
Cumstar Token by Hush Network
The CumStar Token is a project exclusively with adult content, and a sharing platform powered by Blockchain technology and allows token users to purchase adult content on Hush Network platforms on an ongoing basis.
The Cumstar token is the only currency used to purchase content and services on all the platforms, with anonymity and privacy at its heart. It is a decentralized deflationary token designed with complete anonymity in mind for its users.
Which are the Cumstar platforms?
Hush Network was built to be the ideal adult industry solution and is fully powered by CumStar token, using blockchain technology. When users transact on the various platforms, they have a quick, low-cost, and utterly anonymous experience.
Cumstar’s streaming platform, Hush Live, like Only Fans, will enable producers to stream a wide range of material, provide an income stream based on blockchain technology, and accept donations from viewers using the platform. It has been prepared for launch and will be available shortly.
HushNFT.com Marketplace will give a venue for people looking to sell their creative works. After that, the NFTs will be available for purchase, and buyers will have the option of acquiring and displaying their NFTs through an open account or keeping their collections private.
HushSwap is another blockchain-powered solution that attempts to remove many of the adult entertainment industry’s fundamental difficulties. In addition to 100% tips flowing to CUMSTAR content providers, most issues are managed by eliminating chargebacks and ensuring user privacy and anonymity using blockchain technology. This platform has a slew of features that highlight CUMSTAR technology. Interactive games for their users are among these features.
Payment Gateway is the $CumStar payment processor that not only provides top-tier adult platforms but also introduces revolutionary technology and is currently available. The web3-powered smart contract can link to ANY Adult website and include $CumStar in minutes. It suggests that the token may be used to purchase ANY items or services on ANY non-crypto website… That is the power of $CumStar!
Cumstar holders are responsible for their wallets, seed phrases, and other personal information, which relieves the Project of much, if any, blame because none of this information is shared with anybody until deliberately submitted, as usual in the cryptocurrency world.
CumStar Token Tokenomics
CUMSTAR Tokenomics, by HushNetwork // Source: HushNetwork
The native token of the HushNetwork which is built on the Binance Smart Chain network, is $CUMSTAR. Users can connect with our platform, make purchases on the NFT marketplace, and give to their favorite content producers thanks to the CUMSTAR tokenomic system’s architecture. All of this was done anonymously, with the blockchain as a safeguard.
The Cumstar smart contract includes an 11 percent total transaction tax, which is divided down as follows:
3% in marketing (in BNB)
3% to the liquidity pool
2% to reflection
2% to burn
1% to tipping wallet
CUMSTAR Roadmap until Q4 2021
CUMSTAR Q2 2021 Roadmap (Complete)
CUMSTAR Q3 2021 Roadmap (Complete)
CUMSTAR Q4 2021 Roadmap (Ongoing)
Should I get CUMSTAR right now?
CumStar is now selling for $0.00000002675. With many contract audits, including the acclaimed Certik Audit, it shows potential as a BSC token.
Its security, according to its inventors, is among the best in the adult cryptocurrency sector. Before making a financial commitment, it’s wise to wait and observe how things progress.
CUMSTAR price forecast:
CumStar’s price might reach a high of $0.00000006 in 2023, according to Priceprediction.net. Its price is predicted to reach a maximum of $0.00000009 in 2024.
The Cumstar token has increased by more than 150 percent in the previous 24 hours, with CUMSTAR’s trading volume reaching 1 544 072 USD.
CoinMarketCap of CUMSTAR
CUMSTAR CoinMarketCap in 1 month average.
The current Coin Market Cap ranking is #999, with a live Market Cap of USD 15,794,739
It has a circulating supply of 590,413.77B CUMSTAR coins and a Max. supply of 1,000,000,000,000,000 CUMSTAR Tokens.
Where to to buy CUMSTAR
CUMSTAR has yet to be listed on major markets because it is such a new asset. However, you may still buy CUMSTAR on a DEX (decentralized exchange), though it will take a few more steps.
Follow these steps to purchase CUMSTAR right now:
Buy Binance Coin on a licensed exchange or broker, such as Binance
Binance is one of the world’s premier multi-asset trading platforms, as well as an exchange and wallet all in one, with some of the industry’s lowest costs.
It’s also user-friendly for beginners, and it offers more payment options than any other service.
To buy in Binance, you need to: – Create an account HERE – Buy BNB directly with VISA – Transfer your BNB to a Trust Wallet (BEP 20) or Metamask, or others. Do not forget that you first need to create and have your wallet address for effect. – Swap in any DEX (Sushi Platform, PancakeSwap, Etc.) your BNB to CUMSTAR
You’ll be able to exchange for hundreds of currencies, including CUMSTAR, now that you’re linked.
Exchange your BNB directly from HushSwap to CUMSTAR
Cumstar is proud to have such talented ambassadors promoting and interacting within the Adult Network. Some of these Ambassadors, a.k.a. content creators partnered with Cumstars, are:
Kukki Doll
Kali Roses
Indianara
Kim Swallows
Sabrina Night
And many others
Cumstar Partnerships
Cumstars is thriving for new partnerships. One example is it’s latest one, the Income Island, a Metaverse Mining Game, which will enable to use of $CUMSTARS within the game.
Finally, Cumstar has made an enormous step ahead in capturing the $803 million adult content market to assist adult content creators/performers in anonymously buying and selling their material.
Cumstar has also overcome many difficulties that content developers and performers in the adult entertainment business confront.
The Project has established market and payment solutions that directly benefit adult content consumers, and providers as the need for tailored adult content grows and attracts more people.
The Bitcoin Taproot upgrade is in the countdown, and, as expected, it could be activated on November 13. The nodes represent the users on Bitcoin Network and protocol.
It just takes roughly 800 blocks so Taproot can be added to the chain, which must happen in fewer than six days for Taproot to be active in Bitcoin.
The most crucial Bitcoin network and software upgrade of the previous five years is arriving in a relatively short time. Yet, the fraction of participating nodes still hasn’t been updated to accept it.
According to the website given by the developer Luke Dash Jr. concerning the node count, in which only 50 percent of them already support the new version, The client Bitcoin Core 0.22 is the first to offer support to Taproot. Currently.
30,393 nodes accept Taproot in Bitcoin and 30,377 nodes that do not accept it.
The dangers of a fork and split of the Bitcoin network are unlikely because of the Bitcoin Taproot Upgrade
According to Taproot, the activation date, which might be between November 13 and November 14 according to Taproot.watch, disturbs several developers and other members of the Bitcoin community.
The main reason is whether the difference between the nodes that activate Taproot and no could cause or encourage a happening division chain ( chain split ). The quick answer is “No,” albeit there are a few flats.
As bitcoiner Nicolas Bourbonni explained that for a chain split to occur, the nodes must amass enough processing power to construct a blockchain that is longer than the existing one. The miners’ evidence of labor accomplishes this.
Given their support for Taproot earlier this year, Bourbonni does not believe miners would wish to run alternative software and reject blocks that contain Taproot-type transactions.
On the other hand, Taproot is incorporated in Bitcoin as a soft fork, implying that this upgrade is compatible with prior versions of the Bitcoin software and the blockchain’s history.
Therefore, an outdated node does not have the power to reject a version of the chain that includes blocks with transactions of the Taproot format, without this leaving it outside the Bitcoin consensus.
Bourbonni noted that nodes that are not updated would not receive transactions from Taproot, such as those that a user could send from their wallet.
Still, these nodes can accept and relay the blocks that include these transactions and are added to the chain by the miners.
don’t think that is possible. First, for a hardfork to exist, there should be sufficient miners with non updated nodes to be able to construct the longest proof of work chain.. but we know, majority of miners are already upgraded.. Second: transactions are still valid for all
For his part, Luke Dash Jr. explained that chain divisions should not be confused with a strong fork since this is the particular version of different software and is incompatible with the predominant version in the most significant number of nodes.
An old node is a forced fork concerning each soft fork [the other nodes].
So if we have a lot of old nodes, the rules are not applied consistently, and pressure is created from the [Bitcoin] economic sector to support a hard fork [different version of the software] to remove Taproot, said Luke Dash Jr., a Bitcoin developer.
Dash also noted that the emergence and acceptance of an alternative software or hard fork are unlikely. Still, if a Bitcoin economic sector decides not to upgrade to Taproot, it could incentivize the creation of two different chains ( chain split ).
Rover Finance, a revolutionary payment management protocol, designed to cater to the unique needs of crypto native businesses, raises $350K in less than 5 minutes for its pre-seed round on the 1st of September. The pre-seed for the project was conducted on PlutoPad, the seamless and user-friendly launchpad built on the NORDEK blockchain. PlutoPad offers fast, efficient, and active support to launch web3 projects.
Rover Finance provides a vast array of services including automating payroll processing to streamlining invoicing, bookkeeping, and accounting. The platform empowers web3 businesses with financial operations. For example, corporate employees can withdraw in part fiat, part crypto / full crypto / full fiat, or any other configuration of crypto and fiat that they wish, which eliminates the complex tracking using Excel sheets and negotiations to convince employees to accept full crypto.
The web3 payments solution doesn’t just have these innovative solutions to offer but also has a highly user-friendly interface aimed at making financial management easy. Security is the primary consideration in all things finance – and Rover ensures the utmost standards of security. 100% KYC compliant, Rover Finance is multi-chain, and global, with access in over 140 countries.
PlutoPad chose Rover Finance to be their debut project and support them in the journey from development to deployment to delivery. Here is what the launchpad’s project had to say.
“PlutoPad – the first ever launchpad built on the NORDEK blockchain, has been instrumental in helping us realize our vision of redefining financial management for crypto-native businesses. Their expertise, support, and commitment have been invaluable on this journey”, said Rover Fiance’s team.
About PlutoPad
With marketing pushes, a robust funding ecosystem, integrations and collaborations, user acquisition outreach strategies, exclusive access to expert advisory, active support in developing a comprehensive infrastructure for token sales, informed research reports, and legal compliance assistance – PlutoPad assists chosen innovative projects, from development to deployment to delivery and serves as a platform for introducing trailblazing projects to the world.
PlutoPad and Rover Finance are powered by NORDEK, a revolutionary platform that provides a developer-and-consumer-friendly blockchain environment. With its pioneering ecosystem, focus on innovative solutions, and rapid growth – Rover Finance could not have chosen a better blockchain to build on. The whopping success of the pre-seed round is a testament to the power of the thriving community that drives the NORDEK ecosystem.
With the $350K that Rover Finance has raised, they aim to expand resources and invest in speedy success. This milestone is a result of the trust and support of the crypto community and early investors.
Rover Finance is Raising For its Seed Round
Rover Finance’s seed round is scheduled for 10 September. For the seed round Rover is targeting a $650,000 raise where investing currency would be USDT. A total of 10 Million $ROVE tokens will be allocated for the seed round. The minimum investment amount is $5,000. Invest in a project that has potential here: https://plutopad.com/projects/1694261933955