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Blockchain Technology – DeFi Adoption Requires Quick Blocking

Team Bitcoin Daily

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International companies use distributed led technology. Instead, try to improve efficiency in areas. Such as international payments and the clarity of purchases. That blockchain can replace slow paper processes and improve security.

However, many of the platforms used today are well-designed. Networks are blocked by traffic too fast. Most likely, this leads to latency problems, finally, in an unsatisfactory user experience.

According to McKinsey’s 2019 report, there are now more than 20 billion connected devices worldwide. First, everything “requires data management, storage, and retrieval.” However, the blockchain design is not equipped to handle this massive wave of data, forcing networks to maintain high speed and storage capacity.

Blockchain technology. Ensuring sustainability

Transaction speed is critical to blockchain adoption and sustainability. However, performance should be interrupted.

So far, developers have taken a two-prong approach. The activation of the Beacon Chain mainnet sets the ball rolling for Eth2 and Serenity. A full transition may happen in the next two years. However, the eventual rollout can be fast-tracked. Meanwhile, Vitalik Buterin and the Ethereum Foundation are focused on Layer-2 solutions like Optimistic Rollups says – Bohdan Prylepa CTO of Prof-it Blockchain Ltd and COO in Bitcoin Ultimatum.

Several factors can delay verification. Probably, the main reason is an overcrowded network. When more users submit transactions, there will be long lines of verification locations. This is because miners or regulators operating the network do validation. As evidenced by the publication of the public book. This means that this process reduces the risk. Similarly, it can also provide transaction speed, especially if there is a lot of traffic.

Developers are also trying to figure out how to keep blocks on the network permanently. A significant increase in storage needs can cause the network to slow down and become unstable. The protocol requires member nodes so that you can transfer and download the chain in a short time.

The blockchain trilemma is a technical challenge between downtime, power distribution, and security. Engineers can accomplish either of these tasks but must sacrifice the third.

Automatic authentication has become increasingly important for use. Because street power naming competes with traditional market solutions. For example, there is an urgent need for high bandwidth in the financial services industry, low latency networks, which may be the same as Visa and MasterCard networks’ maximum bandwidth. Which process of tens of thousands is done in a second.

Meet user expectations

Over the past year or so, we have seen several developments. Instead, they draw closer to the truth. Two examples are improvements at the protocol level, as a combination of signature and pipeline installation of block suggestions. Signature integration allows validators with multiple Boneh-Lynn-Shacham cryptographic keys to combine all signatures into a single integrated signature and send as one peer message. When you install the block application pipeline, the validator starts proposing a new block, as you can see, immediately after collecting two-thirds of the signatures. This means that the process of raising a new block and gathering the last third of the signatures takes place simultaneously.

The result of this development is a significant reduction in block termination time. Of course, it can take up to one or two seconds to activate the leading network. The two-second termination is a disturbing, fast-moving aspect of the digital commodity industry as it takes a few minutes to secure Bitcoin (BTC) and Ether (ETH) high prices. Comparison: this is the speed that meets the expectations of regular users. Who uses plastic cards in the store.

Blocking Blockchain

Another solution many blockchain projects are trying to implement is called sharding. The sharding method divides the database into smaller pieces. So that the nodes can process transactions quickly and update the standard register in real-time. The reduction is widely accepted as the best solution for achieving blockchain crashes because it increases transaction value per second and requires less node memory.

Reducing the solution solves the blockchain bloat problem without sacrificing power-sharing and security. Constipation means the difficulty of getting enough memory and receiving a large amount of accumulated information.

Other solutions are also being tested, although they have not yet been implemented on the main net. Danish investigators have come up with a solution. It, therefore, includes a different level of validation to reach the end. As seen, it has been slightly aligned with the standard blocking verification process. However, this has yet to be proven to apply to the main net.

Something is needed. Fast deployment opens up opportunities for DApp developers. Maybe to create the fastest and easiest apps for real action. For example, Brian Brooks, acting head of the Office of the Treasurer, recently wrote to the Financial Times about his view of “autonomous banks.”

Trilemma Solution

They reduce the blocking time they can and should not come because of blockchain security. Solving this problem means making sure that the allocation of power to the network remains a priority. The solutions presented here suggest that a blockchain project can provide power allocation in specific areas—also, lightning safety and speed guarantee.

Due to the applications used, it is faster. Of course, the faster response also leads to higher user satisfaction and retention, which we want to make the most of using the latest Web 3.0 applications. So, wait for seconds or minutes and even confirm the transaction. Technology is becoming widespread throughout the world. Shared registries should provide compelling examples of use. Also, improve key performance indicators and increase return on investment.

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Blockchain

Ethora: The Degen Binary Options Trading Platform powered by AI, on Base Network

sky0x.eth

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Ethora, the world’s most degen Binary Options platform powered by AI, is gearing up for its much-anticipated Initial DEX Offering (IDO). This revolutionary platform, designed by three DeFi enthusiasts and options trading experts, is set to transform options trading by offering ultra-short expiry Binary Options. From July 23 to July 29, Ethora’s IDO will take place across multiple prestigious launchpads:

  • Kommunitas
  • SuiPad
  • Spores
  • TrustFi
  • Huostarter
  • BscLaunch
  • WeLabs
  • KDG
  • Pixelrealm
  • Zenix Launchpad

Exciting News: Ethora Token ($ETR) Listing on MEXC Exchange

Mark your calendars for July 31 at 9 AM UTC! The Ethora token ($ETR) will be listed on the MEXC exchange, offering traders and investors a chance to engage with this pioneering platform.

Ethora: For Degens, By Degens

Ethora allows users to predict the movement of BTC and other asset prices in ultra-short time frames—up to 3 minutes—with instant payout and gratification. This innovative approach has already demonstrated remarkable achievements:

  • $20M volume in the first month of testnet
  • $2M fees collected by the platform
  • 15K community members
  • 25K Galxe participants

Key Product Advantages

  1. No Liquidation: Ethora offers a clearly defined risk-reward ratio, ensuring traders are free from the risk of liquidation.
  2. Quick Binary Options: Predict the price movement of BTC or other assets, whether Up or Down, in just 3 minutes, with instant payout.

Why Ethora?

  • Intuitive and Swift User Experience: Seamlessly designed for quick and efficient trading.
  • Short Expiry Binary Options: Trade with expiry times as short as 3 minutes.
  • One-Click, Gasless, Instant Trading: Experience trading without the hassle of gas fees.
  • Diverse Market Access: Wide range of assets available for trading.
  • Market Making Vaults: Earn up to 90% real yield through market-making vaults.
  • Powered by AI: Sophisticated algorithms in Ethora can empower binary options traders to trade 10 times better

AI and Machine Learning in Ethora

Automated trading has revolutionized the financial industry, offering unprecedented speed, efficiency, and accuracy. By leveraging advanced mathematical models and machine learning capabilities, Ethora trading algorithms can analyze vast amounts of data, identify patterns, execute orders, and manage risk—all at speeds unattainable by human traders.

Future Plans

Ethora is not just stopping with its current offerings. Here are some exciting future plans:

  • Integration with New Chains: Ethora will expand to new chains such as Berachain, Monad, and MegaETH, enhancing its reach and capabilities.
  • Listing of New Trading Pairs: Ethora will continuously add new trading pairs for trending coins to keep up with market demands.
  • New Product Features:
    • Between Range: A feature allowing users to predict if an asset’s price will stay within a certain range.
    • Copy Trading: A feature enabling users to replicate the trades of successful traders.
    • Chat Room: A social feature where traders can discuss strategies and market trends.
  • Deployment of Dapp Chain on Altlayer: Ethora will deploy its Dapp chain on Altlayer, using $ETR as the gas fee, enhancing scalability and efficiency.

About Ethora

Ethora ($ETR) is the world’s most degen AI Binary Options platform, powered by the Base network. Founded by three DeFi degens and options trading experts with backgrounds in various centralized exchanges and trading companies, Ethora provides a groundbreaking trading experience with its ultra-short expiry Binary Options and innovative features, powered by AI and machine learning.

For more information, visit Ethora’s website and follow us on Twitter and Discord for the latest updates.

Website: https://www.ethora.io/

Twitter: https://x.com/Ethora_ 

Discord: https://discord.com/invite/ethora 

Ethora’s IDO and token listing present a unique opportunity for traders and investors to join the most degen Binary Options platform in the market. Don’t miss out on this chance to be part of the future of options trading!

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$PRICK is the new PEPE: get a 75% token bonus ahead of the listing on OKX

Crypto Chain Wire

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$PRICK on Solana already has a community of 1 million users, an NFT collection with a 75% cashback for holders, and a Telegram game with a 200 SOL monthly prize pool. With several major CEX listings coming starting from July 22, $PRICK is ready for a fast expansion.

The incredible rise of $PRICK: from a meme to an ecosystem with NFTs and a clicker game

$PRICK stands for Pickle Rick, and it’s one of the most talked about memecoin ecosystems on Solana. What started as a fun meme quickly became an ambitious project boosted by its passionate community of almost 1 million users, including 240 thousand on X (Twitter) and 740 thousand on Telegram. 

So successful is $PRICK that at least three major exchanges have already agreed or tentatively agreed to list it, including OKX, BingX, Bybit, and BitGet.

What is it about $PRICK that makes users pick it over hundreds of other memecoins on Solana? There are multiple factors, including fair token distribution; very good price performance; a game with large prizes in SOL and $PRICK; and NFTs that make holders eligible for a raffle and a 75% cashback.

Robust and fair tokenomics

  • The team has burned all the initial LP tokens, then renounced contract ownership;
  • 10% of the circulating supply was purchased in the open market and locked to finance CEX listings, community airdrop, and token burns;
  • There is no tax on buying, selling, or sending $PRICK;
  • The rest of the 1 billion $PRICK supply is released smoothly at the rate of 1% a month. 

Positive price dynamics and potential

Since its DEX launch at the end of May, $PRICK has never gone below the initial listing price – something that very few Solana memecoins can boast of. At the same time, the price currently sits 70% below the ATH, creating an interesting opportunity for buyers ahead of the scheduled listings on OKS, Bybit, and BingX. 

Telegram clicker game

$PRICK is one of the first memecoins to launch its own Telegram clicker game, inspired by the success of Hamster Kombat and Notcoin. As players earn points and complete tasks, they climb the leaderboard and compete for a share of the monthly 200 SOL prize pool and large bonuses in $PRICK. 

Mint one of the 101 NFTs to get 75% back in $PRICK and a ticket for the 1,000 SOL raffle

Pickle Rick’s exclusive NFT collection was launched on July 15 and features only 101 NFTs, each with a unique hand-drawn design of the title character, Pickle Rick. The main advantage of holding a Pickle Rick NFT is a massive 75% cashback in $PRICK that each holder will receive once the token is listed on OKX or Bybit on July 22. 

 Moreover, upon the listing on Bybit, the project will hold a raffle for all its NFT holders with a prize pool of 1,000 SOL. 

The cashback is calculated as 75% of the mint price of 12 SOL, translated into $PRICK at the exchange rate on July 22 (the listing day). As of the time of writing, part of the collection is still available to mint, but users should act quickly so as not to miss this opportunity. 

OKX and other major CEX listings coming soon – and where to buy $PRICK right now

The team of $PRICK has successfully negotiated with several large crypto exchanges to list the token. The series of listings is scheduled to start on July 22 with OKX, followed by $PRICK launch on BingX, Bybit, and BitGet. 

The news of each new listing can cause a significant surge of the $PRICK price. Ahead of the listings on these major platforms, users can already buy $PRICK on the following exchanges:

Raydium (Solana): $PRICK/SOL, contract address 6zoshtkmyX4kRFg3p152yV2bPssxeYdNvW3c6EVCE4UP

MEXC: $PRICK/USDT

In less than two months, Pickle Rick ($PRICK) has built one of the most active meme ecosystems on Solana, with hundreds of thousands of loyal followers, a generous system of incentives, NFTs, and even a game. This is just the beginning, however, as the team promises even more bullish news in the coming weeks. 

Follow $PRICK on social media

Official website

X (Twitter)

Telegram

DexScreener

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Blockchain

4 Low-Cap Meme Coins to Watch for 2024

Team Bitcoin Daily

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Traditionally, meme coin season follows a surge in Bitcoin (BTC) prices, followed by Ethereum (ETH) and large-cap altcoins like Solana (SOL) and Avalanche (AVAX). This year, meme coins are garnering more attention than ever. Leading the pack are Dogecoin (DOGE) and Shiba Inu (SHIB), along with newer contenders like Bonk Inu (BONK), Wifi Coin (WIF), and Pepe Coin (PEPE). With potential factors like interest rate cuts and the US presidential election in the latter half of the year, Bitcoin and Ethereum could see significant gains, possibly ushering in a new meme coin season. Early investments in undervalued meme coins could yield substantial profits. Here are five promising low-cap meme coins to watch:

1. Dogecoin20 (DOGE20): The Cleaner, Greener Doge

  • Following a successful presale, Dogecoin20 (DOGE20) has surged 50% since launch and listed on decentralized exchanges (DEXs) earlier than expected. Built on the Ethereum blockchain (ERC-20), DOGE20 offers faster transaction speeds, lower fees, and an energy-efficient Proof-of-Stake (PoS) mechanism. DOGE20 also integrates staking rewards, encouraging long-term investment. With Bitcoin’s halving expected to limit supply and increase demand, and Doge Day adding cultural significance, DOGE20 is well-positioned for potential gains. As of July 9, 2024, It’s market cap stands at $2.2 million

2. KittyInu (KITTY):

  • Blockchain: Ethereum
  • Features: KittyInu is a meme coin with a cute cat theme, enjoying strong community support. The project engages in charitable activities, building a positive image, and expands its user base through various marketing campaigns. Recent upward trends have attracted more investor interest.
  • Potential: KittyInu’s focus on charity and marketing, combined with strong community backing, positions it for significant growth. As of July 9, 2024, It’s market cap stands at $1.9 million

3. Slothana (SLOTH): A Sleepy Success Story on Solana

  • Launched in April 2024, Slothana ($SLOTH) quickly gained attention in the Solana meme coin market. Utilizing Solana’s fast transaction speeds and low fees, Slothana has attracted developers and investors. The limited presale window, ending on April 29th, and endorsements from notable crypto figures like ClayBro have further fueled interest. As of July 9, 2024, Slothana’s market cap stands at $13 million, highlighting its growth potential.

4. Pigcoin (PIG): Leading Meme Coin on Polygon

  • Pigcoin (PIG) is the leading meme coin on the Polygon chain, boasting over 500,000 holders and ranking first on the chain by holder count. Launched in December last year, Pigcoin is listed on Mexc and Gate.io, with plans for additional listings. With a total supply of 3 trillion coins and 96% currently in circulation, Pigcoin’s market cap is only $4 million, indicating its undervaluation and potential for up to 100x gains. Pigcoin’s strong community and active listing efforts enhance its growth prospects.

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