Bitcoin has updated highs today, many alts, including Ethereum, are not yet. It is good for the defi sector that the broad market will stimulate further growth.
For strong defi projects, on the one hand, this can serve as additional support. But on the other hand, there is such a phenomenon as pressure from more top coins, which also give high growth.
I have repeatedly noticed that a whole train of projects is growing in a growing market at once, so I don't quite understand what you are talking about.
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BoardTokens (Altcoins)
Re: BondAppetit stake BAG and earn USDC
by
SunRey
on 20/10/2021, 15:50:55 UTC
Bitcoin has updated highs today, many alts, including Ethereum, are not yet. It is good for the defi sector that the broad market will stimulate further growth.
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BoardAltcoin Discussion
Re: Shiba is worth the risk
by
SunRey
on 16/10/2021, 09:49:11 UTC
I don't see any point in shiba at all. If other cryptocurrencies can somehow be applied, then what is the use here? Meme, and just
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BoardTokens (Altcoins)
Re: BondAppetit stake BAG and earn USDC
by
SunRey
on 15/10/2021, 14:19:49 UTC
I can stake any amount in pool? No minimal limits?
The first altcoin is NMC (Namecoin). It was introduced to the market in 2011 as a digital currency, but the original idea of the developer was to create decentralized domain names.
Such a structure can be used not only in the field of cryptocurrency mining, but also to create various online resources that are completely independent of the policies of any countries or individual regions.
Unlike bitcoin, from which Namecoin was copied, there are some very significant differences. The first is the need to register your own domain name in the .bit zone. Despite the low price (about 1 US cent), you will have to spend time to understand the system and choose a unique name.
Bitcoin has set a new all-time high, but many altcoins are still far from their price records.
The current dynamics of the cryptocurrency market repeats the end of 2017. Just like then, the price of bitcoin in December set an all-time high.
Three years ago, the BTC rate reached $ 20,000, this time it exceeded $ 42,000.
Following Bitcoin, altcoins began to set price records. In 2017, the XRP token began to rapidly rise in price immediately after BTC reached $ 20 thousand, and within two weeks added over 400% of its value.
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BoardAnnouncements (Altcoins)
Re: [ANN] Workbit - Freelance platform
by
SunRey
on 09/01/2021, 18:44:40 UTC
The advantage of using the SET protocol is that it does not leave personal information about the client (bank credit card, etc.) on the seller's server, thereby reducing the risk of fraud.
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BoardAnnouncements (Altcoins)
Re: [ANN] Workbit - Freelance platform
by
SunRey
on 09/01/2021, 14:48:46 UTC
Another important plus is the recent hard fork in December 2018 and the transition to the MTP mining algorithm (Merkle Tree Proofs), which secured the network from the threat of ASIC miners.
Masternodes of different cryptocurrencies differ in many ways. Each network has its own requirements for the number of coins to launch, its size and frequency of payments, as well as its own return on investment or ROI.
At the beginning of the era of cryptocurrencies, mining was super profitable. An ordinary processor was enough to mine bitcoin, and as many as 50 coins were given for a solved block. Nowadays, the main cryptocurrency can be mined only with the help of expensive ASIC devices.
The threshold of entry has increased, and the niche itself is no longer so attractive. An alternative to this solution is masternodes.
The threshold for entry into conventional mining has really increased. Today, over 10 million GPUs are working on mining the most popular GPU coin - Ethereum. It's naive to hope for a big piece of the pie after starting your first farm.
You can also make money on cryptocurrencies using masternodes. Unlike mining, they don't have to invest in expensive equipment and worry about a possible fire.
In addition, compared to mining equipment, they almost do not consume electricity and do not interfere with the sleep of sensitive neighbors.
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BoardAnnouncements (Altcoins)
Re: [ANN] Workbit - Freelance platform
by
SunRey
on 07/01/2021, 12:26:19 UTC
What does it take to get this kind of stablecoin? [/quote]In order to get this kind of stablecoins, users block a special cryptocurrency in the contract, which then issues a certain number of requested coins.
What are these types and what are their functions?
The most popular type of stablecoin is one that is directly pegged to fiat currency at a 1: 1 ratio. We also call this fiat-backed stablecoins. The central issuer (or bank) stores a certain amount in reserve currency and issues a proportional amount of tokens.
If I'm not mistaken, there are more than 25 freelance exchanges. And I think that's quite a lot.
Yes, indeed a lot. How do they differ from each other?
To be honest, I didn't go into the differences. But I know Upwork is the largest freelance exchange in the world, derived from the Elance + Odesk merger. Includes advanced collaboration tools.
Why do you need a premine, besides setting the price of the token?
Most cryptocurrency exchanges are corrupt, they don't care if the project is legal, ready or a scam, they don't go into the technical aspects of the new coin. In order to include a coin in the listing at an early stage of development, the exchange requires payment. It is on commissions, fees and the encouragement of the developers themselves that coins leave the premine.
Aside from the exchange listing fees, premine coins benefit both the developers and the project in many ways.
Some developers consider premine a coin to be a bonus for developing a project. Some use them to fund a project.
Where do the developers dispose of those coins that they received during the premine? Do they sell them?