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Showing 6 of 6 results by Amosdboy1
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Board Altcoin Discussion
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7 Low-Cost Altcoins That Still Have Solid Potential In 2021
by
Amosdboy1
on 01/08/2021, 07:41:22 UTC
There have been spectacular increases in the price of altcoins in 2021. Thus it is no surprise that the market is looking for new low-priced altcoins that could make new ?crypto millionaires.? As a result of the recent sell-off in digital currencies, cheaper altcoins might look like attractive assets due to their potential upside. Therefore, today I?ll discuss seven low-cost cryptos that still have solid upside potential in the rest of the year.

What a week it has been for cryptocurrencies. In a matter of days, many of the darlings among digital assets are about 50% down from their all-time-highs hit earlier in the year. For instance:

Bitcoin (CCC:BTC-USD) fell from $64,863 to $37,949, but still up 29% year-to-date (YTD)
Cardano (CCC:ADA-USD) fell from $2.46 to $1.55, but still up 782% YTD
Dogecoin (CCC:DOGE-USD) fell from $0.74 to $0.34, but still up 5,950% YTD
Ethereum (CCC:ETH-USD) fell from $4,362.35 to $2,591.87, but still up 255% YTD
The recent sell-off in the cryptocurrency space is the biggest in over a year. Yet, the correction across cryptos is likely to bring back interest among investors who are looking for ?penny? altcoins that could be the next Dogecoin.
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Topic
Board Altcoin Discussion
BEST ALTCOINS WITH THE MOST POTENTIAL IN 2021
by
Amosdboy1
on 01/08/2021, 07:30:27 UTC
Want to skip straight to the answer? Our picks for the best altcoins in 2021 are Ethereum, Uniswap, Chainlink, Aave and Stellar Lumens!

The term altcoin refers to any cryptocurrency other than Bitcoin. In 2017, altcoins primarily included Bitcoin competitors such as Litecoin, Dogecoin and thousands of pump-and-dump schemes with fancy modern websites.

Now, with the explosion of decentralized finance (DeFi) and the increased usage of smart contracts, the best altcoins belong to the best projects and companies in the blockchain space. These DeFi tokens offer more than just speculative value; they have real revenues and great utility within the DeFi industry.

Blockchain companies issue their own cryptocurrency tokens and often make these tokens a requirement to interact with their platforms. If a platform adds value and people want to use it, they will need to purchase their respective token, driving up the price of the asset. Some tokens, like SushiSwap, pay dividends to investors from revenue generated through their smart contracts.

Take a look at our top altcoin picks for 2021. They include a few of the most promising projects in the blockchain space today.
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Topic
Board Altcoin Discussion
DeFi done right’: Layer-one protocol launches mainnet
by
Amosdboy1
on 30/07/2021, 07:53:42 UTC
A decentralized finance protocol has launched its mainnet — describing it as a crucial step on the journey to a frictionless financial future.

Radix, which describes itself as a platform for smart money, is also launching Instapass with its Olympia mainnet — an optional user and developer service that delivers the world’s first single sign-on solution for building compliant DeFi.

The Radix mainnet is being positioned as a generational improvement in the history of decentralized ledger computing — and one that delivers 100 times more executional efficiency than the Ethereum Virtual Machine.

This comes hot on the heels of the project winning plaudits for addressing the scalability trilemma far more effectively than rivals in this bustling space.

Radix says it has established a strong track record by being the world’s first roadmap-driven DeFi protocol — issuing new releases and achieving exciting milestones at a pace that other networks cannot match.

Piers Ridyard, the CEO of Radix, said: “Since developing our groundbreaking cross-shard consensus algorithm, Ceberus, we have never wavered from our focus on the DeFi end game, a world of frictionless financial applications with no barriers to competition. To get there requires a clear, roadmap-driven approach to protocol development and a deep understanding of how the traditional world of finance works. Today’s battles of layer one/layer two DeFi supremacy are simply irrelevant compared with the real opportunity of mainstream adoption.”
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Topic
Board Altcoin Discussion
DISCUSSION ABOUT ALTCOIN
by
Amosdboy1
on 30/07/2021, 00:51:41 UTC
Altcoin News
The term “altcoin” refers to any cryptocurrency that has launched since Bitcoin (BTC). In the early days of Bitcoin, developers forked the open-source code to create new currencies. Over time, these Bitcoin alternatives began to diverge further from their progenitor with different supply schedules and privacy features. These include Litecoin (LTC) and Zcash (ZEC), among others. 

Along with altcoins came a plethora of Bitcoin–altcoin trading pairs that produced a surge in market activity, with traders leveraging the volatility of these crypto assets for high-risk rewards.

The rise of altcoins and their respective blockchain networks marks an era of experimentation and maturation within the crypto industry, as a wider range of use cases of the technology have become possible.
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Topic
Board Altcoin Discussion
Re: Alternative Block Chains : be safe!
by
Amosdboy1
on 29/07/2021, 21:37:50 UTC
I haven't seen anybody post about what would be my biggest worry if I were trying out alternative block chains. I realize this may be perceived as "Gavin is FUD'ding anything that isn't bitcoin!"  (FUD == Fear, Uncertainty and Doubt)  But I think some of you might be forgetting some basic computer security fundamentals in the excitement to be early adopters.

When I first heard about bitcoin, my questions were:

1) Can it possibly work (do the ideas for how it works make sense)?
2) Is it a scam?
3) If it is not a scam, could it open my computer up to viruses/trojans if I run it?

I answered those questions by:

1) Reading and understanding Satoshi's whitepaper.  Then thinking about it for a day or two and reading it again.
2) Finding out everything I could about the project.  I read every forum thread here (there were probably under a hundred threads back then) and read Satoshi's initial postings on the crypto mailing list.
3) Downloaded and skimmed the source code to see if it looked vulnerable to buffer overflow or other remotely exploitable attacks.

If I were going to experiment with an alternative block-chain, I'd go through the same process again. But I'm an old conservative fuddy-duddy.

If you want to take a risk on a brand-new alternative block-chain, I'd strongly suggest that you:

1) Run the software in a virtual machine or on a machine that doesn't contain anything valuable.
2) Don't invest more money or time than you can afford to lose.
3) Use a different passphrase at every exchange site.


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Board Legal
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by
Amosdboy1
on 29/07/2021, 12:52:07 UTC
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