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I still like gold for jewelry and art, but it’s a poor investment… and I was once a HARD CORE stacker too. The community believes that gold will “save” their wealth in a mad max situation BUT a box of bullets have WAY WAY WAY OUTPERFORMED GOLD… just look on the prices today! A box of 9mm, 45 etc has all easily kept up with real inflation but gold has FAILED TO KEEP UP with true cost of living increases. Gold needs to be $3500 JUST TO BREAK EVEN from its 1980s inflation adjusted all time highs… this is not a good long term “investment.” I would not even call it good “insurance” either, much better off with some farm land, good friends and family and some tools, food and weapons.
Adjusted for REAL INFLATION (not the government massaged numbers) gold is WAY WAY DOWN compared to its inflation adjusted highs in 1970s… after that it’s been cycle after cycle reaching nominal highs BUT NEVER INFLATION ADJUSTED HIGHS… just to reach it’s 2011 highs, it would need to be about $3500/oz at least and silver would need to be $80… silver is down something like over 80% when compared to its 1980s inflation adjusted highs. I was once a HARD CORE silver stacker, I saw the writing in the wall when after all the money printing, gold and silver failed to even keep with with their 2011 numbers even though the situation is WORST THAN 2011… I stopped stacking but couldn’t understand Bitcoin’s none physical properties until 2017.
I used to be a HARD CORE gold/silver bug… I never thought bitcoin was a scam but it was reported as a “PayPal” like digital money from the fools in the media at the time… I never thought much of it because I already had paypal. After it reached parity with gold, I was CONFUSED because it wasn’t physical, so it broke all my understanding of hard money… then after the market crashed 85% I was too scared to get in and I still was CONFUSED as to what gave bitcoin it’s value. I used to wander “why isn’t bitcoin backed by anything physical.” Peter probably has the same mindset. Peter hasn’t asked himself any of the fundamental questions as to what gives bitcoin it’s value… like most gold bugs, in his mind, if it’s not physical then it’s not “real.” The none physical nature of bitcoin was the LAST HURDLE I had to study before I completely left gold for bitcoin. Now I understand that the properties of bitcoin wouldn’t exist if it wasn’t for its none physical nature. In a modern world, gold is a POOR FORM OF MONEY compared to bitcoin. I should know because I GENUINELY TRIED TO USE PHYSICAL GOLD AS SAVINGS/MONEY for years before getting into bitcoin. I tried the #getonzero fiat with gold/silver and it’s much much much more difficult because the premiums were high and the dealers only purchased at 90% melt… so that’s a loss of 15-20% if the melt price did even change and you needed the money fast… also some dealers try to CHEAT YOU will questionable scales and measurements. Also, you might want to sell but the dealer went on a trip etc. I tried to barter with gold/silver too, and it’s a poor experience compared to using bitcoin… I was always in fear of someone running off my my gold/silver as they “checked it” to see if it was real… constantly being asked “is this real” and people always wanted to tear open seals etc… just a bad experience.
Some counterpoints - ​ 1. A lot of us do understand the basics of how it works and we've seen a lot of the goings on with the big coins, the small coins, the meme coins, and the shit coins. Sure we may not understand every granular element, but we understand the gist of it. We still don't like it and think it's stupid. This is big, "You just don't understand the *fundamentals*." energy. 2. No, we don't give a shit about what the Fed says or what regulatory bodies say even if we follow some of that information. There's no government campaign of misinformation. There's some uninformed idiots sure, but that's just Congress in a nutshell on a wide, wide range of topics. Crypto isn't unique. 3. Yeah, because the scams arguably seem to be a core feature of crypto. Without safety nets etc. there's minimal reason for me to move my investments or money into crypto when I have FDIC insurance on my bank account and my other investments are in far less volatile markets that aren't subject to the same kinds of wild swings crypto is. 4. Yeah, because it seems very central to the whole space. It folds in with the scams since most of these are scams at their core. 5. NFT's are literally the dumbest scam idea ever and the bottom already falling out from it is great. We had no interest because it's a stupid fucking idea, and we're seeing how truly of a stupid fuckin idea it was all along. We were fuckin right rofl. 6. Tangibility is irrelevant. I rarely have physical cash beyond a few 20's I keep for emergencies. I'm digital baby, all my transactions are done with plastic or online. This may deter some folks, but the vast majority of folks not adopting crypto don't give a shit about a physical coin or piece of paper. 7. Yeah, this is a huge one that kills coins as anything remotely useful. At best it's a speculative investment asset, *at best*. Volatility makes non-stablecoins (which are a hilarious concept to me that undermines the very premise of crypto ditching fiat, but whatever) worthless as an actual means of exchange on a regular basis. Few other bits - 1. The crypto community is largely insufferable for a variety of reasons, including that y'all largely refuse to accept that *people just don't fuckin like crypto*. It's always that "you don't understand it" and like no, we get it, and we hate it. I hang around for the lulz because the whole web3 space is a nonstop dumpster fire of entertainment. 2. It has beyond limited use-cases which make it generally unappealing as anything other than an asset. Sure you can buy and sell and exchange it and all, but not at many places. 3. "Bitcoin ATM's" like one I have near me, that's just a BTC vending machine and has idiots operating it convincing the poor lady running the gas station that Canada has ditched the Canadian dollar and are using crypto now. 4. "Magic" of how smart contracts and all these other solutions will solve everything that, if you're paying attention, rarely actually plays out in the longrun. 5. Really, I cannot stress this enough: ***WE FUCKING GET THE CORE CONCEPT, BASICS, AND MORE AND REALLY THINK IT'S STILL A DUMB, NO-GOOD IDEA LARGELY PROMOTED BY A BUNCH OF TECH-BROS WHO WANT TO GET RICH QUICK WITHOUT ANY EFFORT***. The crypto community is insanely insular and responds with hostility to criticism on the regular, and this thread alone is a great example of how everyone largely defaults to, "They just don't understand it!" to explain why people don't like it which is the ultimate brainless cope. Sometimes, that thing you really like and think is a great idea is just really not that popular. Pogs and Benie Babies were once great investment opportunities, too. Too bad people just didn't understand them and now they're mostly worthless and difficult to find anyone who will pay good money for.
I used .CORE to get a metagate and I’ve used LoopExchange.org a lot lately as I’ve been checking out the various projects getting built like LooperLands and I’ve been messing around with some of the other NFT projects. That’s all on a L2 though, I can’t imagine paying high gas fees and still using a marketplace. Hate thinking of it.
The Loopring Wallet is getting increasingly more UI friendly and intuitive and if I was going to introduce anyone to crypto it would be Loopring’s L2. I’m not sure if I’m understanding the question correctly but if I am here’s what I got. Gas fees are a big sucker punch to mentality. Why is free shipping over a certain amount a commonly used marketing grab? Because people hate the idea of paying for things like taxes, shipping, or anything else that doesn’t result in a physical or usable thing. Some people will pay $5.99$ for an item that includes shipping but they wouldn’t buy the $2 version of the item if they had to pay $3.99 for the shipping/handling. Some may not understand that but I promise you that’s sometimes a big factor in people’s heads both actively and subconsciously. Loopring’s gas fees are very low and the L3 gas fees are going to be even smaller. People hate the idea of using $32 worth of a coin to send a small amount of coin, I’m assuming the people I’m on boarding are of my financial caliber and aren’t moving a lot of 4 digit values, barely 3 digits at times. The wallet allows you to dip your toe into ENS. You can for points or for whatever the fee amount is get yourself a [whatever].loopring.eth address and you’ve now addressed the chore of knowing a long ass nonsensical number for your wallet address. Getting to see a little of how web3 can allow a universal avatar/username of sorts via the wallet system (helping set the ground work for when we’re able to carry all of our data in our own NFTs and carry it from one service to another or revoke it whenever we want). Their trading screens are pretty simple but also have more advanced options that I don’t understand jackshit of because I’m not not a nerd! (Insert Ogre from Revenge of the Nerds screaming NEEERRRRDDSS!!!) but the earning tabs also are a good way to get your feet when with staking (which benefits from being on the L2 by having the lower gas fees) or performing dual investments and the AMM pools which again benefit from lower gas fees. The LRC token is getting used on sites like LoopExchange.io (and .CORE coming soon) where like on the GameStop NFT MarketPlace you can buy and sell NFTs that get you different access and permissions to things but recently have been the source for grabbing premium NFT avatars or weapons for the LooperLands game at Loopworms.io and that’s how to these new crypto fools I introduce the idea of FUNCTIONAL NFTs that aren’t just jpegs and instead have a function and value ability. I also think Loopring is a good show of how a misstep in hyping something can haunt you forever. Daniel one of the founders sometime ago had tweeted something about a Quarter report being worth like 10Q reports or something being worth 10Q reports and when nothing materialized as far as rocket fuel for the coin price it gave anyone upset with them a thing to constantly throw in their faces which yeah it shows how little the actual complaints out there must be for this one to be so hyper focused on but it’s still like having to watch a bad rerun every time someone is mad about it. And I do want to say that I’m not a super crypto savvy person. Maybe everything I’ve mentioned here is available on a bunch of other chains but I just know Loopring, that’s the crypto that’s gotten my attention and that I’ve dug into and it’s helped me understand and learn a lot about crypto and so I’m not saying I don’t have plenty of blind spots, I just know Loopring and Loopring is what I would feel comfortable introducing someone to.
>What are you talking about? BIP 148 and Segwit2x are the workarounds provided by bitcoin community for bitcoin scaling issue. This has nothing to do with the argument that you only need to have the core developers who can edit the code in your pocket to control Bitcoin. It has ALL to do, because BIP148 was.... wait for it... ###NOT A CORE CLIENT See, someone else ("shaolinfry") came up with another client that forced the issue. It was not Core, yet people embraced it and forced the hand of everyone involved, from Core, who DID NOT ENDORSE THE BIP148 CLIENT, to the miners. The rest, as they say, is history. You once again showed the world how little you actually know about this. Thanks for giving me the opportunity to put your ignorance on full display, u/min11benja.
HSBC FX everywhere doesn’t use XRP or ripple. It’s run by Baton Systems DLT, which looks like a ripple competitor. Wouldn’t get too excited because if you read the report it doesn’t recommend Ripple at all. https://www.gfmag.com/magazine/january-2022/wells-fargo-hsbc-cls-alternative-blockchain-tech ‘The platform runs on Baton Systems’ proprietary CORE DLT to settle FX trades in less than three minutes. The offering builds on HSBC’s FX Everywhere platform, which the bank claims settled over three million intrabank trades worth over $2.5 trillion since going live in 2018. “We are excited to grow the FX Everywhere network while ensuring we are well placed to transact in new forms of regulated digital currencies,” says Mark Williamson, global head of FX Partnerships & Propositions at HSBC. Baton’s success poses a challenge to Ripple’s XRP technology, the first digital system to use blockchain for FX settlement and widely adopted by banks around the world.
Seems a bit quiet in here today?. Is anyone getting the CORE / XCORE airdrop today? Apparently I'm getting the latter, but still don't know too much about it. (Any particular good and concise resources that anyone can point me to? )
Use xrptoolkit to add trustline to be eligible for airdrop for XRP/SOLO holders, CEX users need to check with exchange if they are participating. Snapshot taken on march 24, 2023 at 4am UTC!!! CORE holders get more CORE XRP/SOLO holders get xCORE **Relevant dates:** ​ Airdrop dates for CORE holders: * Distribution 1: 1st Apr 2023 * Distribution 2: 1st Jun 2023 * Distribution 3: 1st Aug 2023 * Distribution 4: 1st Nov 2023 ​ **Airdrop for XRP/SOLO holders:** * 15th May 2023 See original link for more details
Enough with the emotional outbursts. Let's stick to reality. Explain to me what regulations would have saved a bank who decided it's **CORE BUSINESS** was to facilitate tech PE / VC and startup deals? What regulations would have protected them for when tech goes down? The irony is, if they were a retail bank with retail customers they would have probably survived because they would have had a broad base. Instead, they concentrated on private banking for rich people in specific sectors. Not feeling sorry for the business model failing. Not feeling sorry for the people who chose to do business with that company, especially because it's a rich guy bank. I'm not happy with the market reverberations but this isn't something that can be projected to the big banks.
>I am not aware of a single Ethereum dAPP whose core functions are not executed fully on-chain. Funny, we went from talking about partial processing of ADA to now you talking about CORE processing. Thanks for the maxi comment though. Love how hostile you all get, good grief. Dunning-Kruger Effect.
There is no “decentralized team of people” working on Bitcoin CORE. It’s actually hand picked. The decentralized nature is that anyone can make their own software to run the network. There’s actually other clients out there it’s just 99% of the network chooses to run Bitcoin core client software as it’s the most maintained and easiest to use. Me and you can push a update to the repo. However, if the devs don’t like the update then they can refuse to merge it to main. Me and you can also make our own software from scratch. “Keys” in this article are completely used inappropriately and doing it very deceivingly. No one has the “keys” to BTC. These “keys” they are referring to are completely seperate and only control Bitcoin CORE the client software. Me and you could make a client software called Bitcoin REAL and I can give you and I PGP “keys” as a maintainer and only you and I can push updates to our client. Difference is, that these keys do fuck all to the actual network and only let me and you commit to our client that only we can manipulate to whoever is running it. If we manipulate it, there’s a good chance no one is going to run it. On the flip-side, no one is going to run it anyways as bitcoin CORE dev team has been stellar and until now there hasn’t been a reason for most users running a node to use a different software. Lastly, ETH has the same thing. Except they actually have a few more client teams than BTC. Teams like GETH and Lighthouse develop the client software for execution and state layers. Both BTC and ETH have pretty shit client diversity with ETH having better diversity than BTC when you look at actual usage. However, you can run something like armory instead of bitcoin core for your client software if you wish. It’s just not worked on like BTC core is.
You can add costum networks to MetaMask, and you can use it connected to the ledger for extra security. I do not know this CORE network, but it seems here that can be added: [https://www.bsc.news/post/how-to-add-core-mainnet-to-metamask-wallet](https://www.bsc.news/post/how-to-add-core-mainnet-to-metamask-wallet)
I completely agree with you. CORE is definitely a great option for those seeking a long-term investment opportunity. However, as with any investment, it is important to conduct proper research and exercise caution and responsibility. The project has already received a positive start and is being traded on several leading centralized exchanges as you mentioned. For now, I am confident in the potential of the project and optimistic about its future.
Thanks for the support and for doing your own research on $CORE! It's great to hear that you've recognized the potential of the project in combining the best elements of Bitcoin and Ethereum. It's great that you were able to buy some $CORE from MEXC and I hope it performs well for you. Keep an eye on the project and stay updated on its progress. Good Luck!
really good content about CORE, I am supporting your work, and recently I did my research on this project and noticed it combines the best elements of both Bitcoin and Ethereum to deliver security, scalability, and decentralization without sacrificing one for the other. For that, this project can be a gem, so I bought some from MEXC.
The catchy part of CORE listing on the CEX is the futures listing, as the token is now trading in CORE/USDT pairing under futures. Which is my area of specialty. CoreDAO aim is to become a high-consensus, high-reliability blockchain infrastructure.
I agree with you, CORE is a great project for anyone looking for a long-term investment, but of course each one with their analysis and responsibility, the project started well and is already being traded in the main CEXs of the market like MEXC, Huobi Okx, Bybit and many others, I'm bullish and confident in the project. Remembering that CoreDAO is a Layer-1 public chain powered by a new consensus mechanism, Satoshi Plus. It integrates the consensus mechanism of Bitcoin and Ethereum, which can maximize security, scalability, and decentralization.
It's great to see that you are optimistic about CORE's future. Their innovative consensus mechanism and focus on security and interoperability definitely sets them apart from other projects. It's also good to hear that you are excited about the listing on MEXC and looking forward to its potential bull run.
Is not just that CORE operates a new consensus mechanism but the fact that it's gonna move cryptocurrency to a new phase in terms of security and interoperability got me more interested. I'm glad it's now tradable on MEXC and I will be anticipating it's bull run.
Yeah. I do believe in cryptocurrency and as a matter of fact, I'm a crypto enthusiast. I've been in the space since 2019 and I've traded on pancakeswap, bakeryswap, Binance and MEXC. MEXC happens to be my favourite exchange now. I've traded BTC, ETH, XRP, SOL etc and currently I'm looking at Satoshi core. CORE is the current trending token and the fact that the project relies on the new consensus mechanism "Satoshi plus" got many users attracted to it.
As far as I'm concerned, CORE is a great project and we should expect a very good market value. The fact that it combines PoW & DPoS gives it the opportunity of surging higher. Yeah. My friends have planned to delegate theirs while I will be trading mine on MEXC as soon as it's listed.
CORE is a community centric project with massive backing and huge support, with over 11m registered users and 6m miners. I'm excited about this due to fact SatoshiPlus integrates the advantages of PoW and DPoS to produce scalability, Decentralization and security!.
No one can tell if the project is a random project or a project that would turn out to be huge. Crypto is a space where the impossible happens, we could be lucky or not but one thing is for sure, this is a space where people easily make money in a hassle-free manner. For me, I'll follow the trend and milk some profits from CORE, if the project turns out to be good, I'll hold for long-term. I mean, Mexc as you mentioned, is even giving away 20k USDT for the deposits. Let's enjoy the benefits while it last
Yeah, one amazing thing to note about CORE is that it has no private funding or VCs just a community of believers who believe in the project. The community is eagerly waiting for the listing of CORE on exchanges like OKX, MEXC, etc with the hope of making great profit.
We are in a bear market, CORE DAO getting launched now will prove its efficiency and strength to out-stand the bear market fever. Twitter is on fire with core always trending, did some deep researches on it and decided to join the waiting list to purchase core when it gets listed because of what I found during my researches. This project has lots of prospects & will offer good services to web3 & blockchain as a whole. Am just pondering on how it will be done, so let’s see how it goes. Already funded my Mexc wallet with some tethers hoping to be able to get some core.
The thing is not all tokens can survive the bear market pressure, for the now I think CORE DAO seems promising from my researches made. With the satoshi plus consensus playing a major role in the project, it’s no news core will be playing a major role in the security, scalability, and decentralization issues. At this point we are all anticipating the price of core on the 8th of February. I hopped on core’s AMA organized by Mexc, it’s after the price listing I would will confidently place a crown on this project as most promising project.
1. BTC 2.ADA 3.CORE : but I got my eyes on this one at the moment, read through the tokenomics of the project as well as their desire to build the strongest and most inclusive community in Web3. We are all anticipating the price listing to be officially announced on 8th of February on different exchanges like huobi, okx , MEXCGLOBAL & the rest
I think right now $CORE 's got the spotlight in the crypto market, including all platforms and CEXs like MEXC and Huobi. It is the official decentralized organization developing the Satoshi Plus ecosystem, it's an L1 blockchain that combines the composability of an EVM chain, with the decentralization and security of Bitcoin. It's been scheduled to get listed on the aforementioned CEXs on 8th this february. I can't wait 💪
Have you taken time out to check out CORE, that aims to uphold the Bitcoin network by acting like a second BTC block reward. When Bitcoin block rewards dry up in 2040. You can as well research more. Further more this token will be going viral on exchanges on the 8th February but I'm more particular about MEXC listing the token.
CORE is just about to hit exchanges. With unlimited transactions per second, and rewards to Bitcoin miners as well as running seamlessly with Ethereum smart contracts, it's going to blow people's minds. Yes, I'm a CORE Miner, but also holding Bitcoin, Ethereum, and many others.
I also saw the buzz around Pi network but let’s be realistic OP, Pi can never be the next Bitcoin. Had it been you Mentioned CORE then it would have been a different story because of how it solves the trilemma beautifully plus many cexs are willing to do business with it including top exchange like MeXC, bybit, okx and whatnot..
There’s always news of one thing or another with exchnages these days and it’s starting to look fishy. I didn’t start off using exchanges but I know they play a really important role in the ecosystem as of now. They’re two exchanges I use and I believe they’re really credible. MEXC and Binance Exchange. I figured lots of people don’t know about MEXC, I find them pretty useful when it comes to early listings of project tokens. You could easily associate them with new projects just like how they’ll soon list CORE few days after launch and more exchanges would list them soon.
Totally agree with your view point on finding solutions. I believe there’s a bunch of projects already doing this. I’ve been recently paying attention to COREDAO and I think they fit well into this category. The way the project started was by an argument of an eth maxi and a bitcoin maxi. They decided to build something that would act as a second bitcoin reward. They recently launched and exchanges are now listing them. MEXC have enabled deposits and would soon list CORE token.
You mean it's going to take it's place, rightful place? hahaha. I'm quite a big believer on CORE, ALBT, LINK, and DIA. Leaning more towards DIA because it's low cap and recent integrations could see in surge by a lot.
What a brilliant analysis, however among the plethora of tokens, that might ride the wave with BTC, i see CORE, taking that giant stride with the king, considering the fact that, when Bitcoin block rewards dry up in 2040, the Core network will be there to provide rewards for Bitcoin miners as they do the same for Core. The ride might just be a smooth one when it's finally listed on MEXC.
That's right, speaking of PoW, CORE Dao is providing an avenue for BTC miners, responsible for securing the BTC network via PoW to also delegate their hashpower to a validator in order to have their hashpower factor into Satoshi Plus Consensus. The Core token will be listed on MEXC in a short while as they announced on their platform.
from the recspect of nation,their debt could easily paid back by printing more and taxing more, just a little more project that " peolple will like or could not refuse",infrustruction and defense and stimulis and any other words that people believe or fear it is a pure game of words it is a pure thieve from working people sadly working people could barely have the ability to hear about or think through this scam as old as history bitcoin could never be legal so it could never be accepted by exchange controlled by gov so nobody have the ball to lend it to the big "legal" players who are backed by gov then it could never be shorted then it could never be used as a tool as hedge it is the anti-money it is void aganst any state/any policy /any money but if we knew the voidness of money through history and some honest documentaries then anti-money is anti-void from a long run, bitcoin is much more than a shity hedge with more and more fiat money with fewer circulating bitcoin we should hold we should self custody with TAILS cold wallet and CORE watch wallet and secure backups of key we wait
I get paid with CRYPTO Lol check out my application and hire me if anyone needs a related Service please. My name is Andrew and I'm one of the biggest NFT Influencers on twitter. I do Community management, Marketing and Campaign Management for many projects and I was wondering if you would you be interested in Hiring Me? I can manage your project and you'd get amazing engagement from my community! I have connections to all the biggest influencers who are verified, have huge communities, and who sell out projects regularly. The great thing is that I get these huge guys to tweet and retweet for projects at much lower prices so lots of projects run tweet and retweet campaigns with me to save tons of money and blow up their project. CORE SKILLS ARE: Collaborations Moderation Alpha hunter Dev Advice council I'll take $300 per week I am open to negotiation. I currently work for: Cryptovillage Botbuddyznft Aptoslands As any or all of the above stated roles. I am very valuable to all projects and I always deliver. If you should choose to work with me.. You would be collaborating with a freelancer who offers a friendly service, quick and efficient communication and most importantly the urge to ensure clients are 100% satisfied with the output of a project irregardless of the budget. I look forward to exciting and challenging tasks that would not only help my clients but also hit any of your follower goals, grow your discord, tiktok, instagram, get all of your tweets epic engagement, and help blow your project up! I really look forward to working with you so let me know if you'd be down to work together. https://twitter.com/weirdclerk
> Self custody is, itself, a form of tribalism. No, it’s a literal feature of blockchain technology. Everything that can be done on a CEX can be done on decentralized protocols. What you are describing is being lazy in lieu of a decentralized solution. I agree that seed phrases need to be made easier, but suggesting using a key component of blockchain technology is somehow tribalistic is pretty far from the original crypto ethos. Watching people beg for regulation from CEX blowing up and pointing out “well there’s this feature called self custody” is just not tribalism. > We will never see mainstream adoption if the average user can lose their money because they forgot their password. Decentralized solutions coming to the market to address this is your answer. Not giving up and saying “let’s just go back to centralization”. Everytime centralized solutions are brought to the space they get used and abused by centralized entities. Then you guys beg for centralized regulation. I’m going to go out on a limb here and maybe crypto doesn’t need the type of adoption you want to purely make “number go up” and instead should focus on technology to be ready enough for the space so “beginners” 1. Don’t get raided by your centralized “solutions” and 2. Beginners that don’t understand the core reasons why crypto was made in the first place drive the direction in which it goes. Crypto should be crypto, not taking the pieces that make it crypto to make it act like a bank. The ENTIRE reason The first cryptocurrency was made was in response to centralized banks failing in ‘08. Saying self custody is tribalism is akin to saying decentralization is tribalism, or that security is It’s almost depressing to hear this comment and how far we have came from the creation of the first cryptocurrency. These are CORE components of crypto. Yes, certain subsets of each of these can be tribalistic such as consensus method for decentralization, or layer 2s vs horizontal scaling for security or scaling. But decentralization, self custody(security), scalability are all core components that make a crypto currency. Even with all that being said, I do agree making it easier for users will increase adoption. BUTit needs to be done with cryptos core components in mind. Decentralization and security will never happen on a CEX as example after example has showed us.
People already don’t care that they are allowing CEX to hold more rights to block space than anyone else already. They don’t care for some chains more than 50% of the validators reside in one country. People have been telling everyone that decentralization matters. Yet here we are asking a centralized entity to come help regulate crypto after failing to self regulate. We have had every chance to dump centralized crypto currencies but I can guarantee immediately after this post some PoS fanboy (more-so anti PoW that pro-PoS) will come chime in on how their chain is decentralized etc. it’s just not. When coinbase and Binance hold such a huge stranglehold on block production in a consensus method and then everyone else that is trying to decentralize sit in the Us it makes it 1. Easy to beg for regulation from government 2. Throws out the fact we can self regulate. Fact is, this is a predominantly PoS echo chamber. As a self regulating body we have seen a completely proven and decentralized system get changed out for a an unproven and centralized system. That’s at the CORE level of crypto. Let alone where these same idiots keep there crypto. Self regulating has the issue of the least technical minded people having a much bigger say in how we move forward. Until we come back to our core principles this will continue to happen regardless if it’s self regulated or regulated by governments. Both sides are ran by IMO people that couldn’t tell you why the first crypto was even made. We need education of the trillema and smarter investors if we want crypto to succeed. We have allowed ourselves to even be open to regulation by trading off decentralization for some other use case. THIS whole fiasco should instill fear in everyone advocating ANYTHING involved in crypto that does not focus on decentralization and security. Everyone in FTX gave up security and decentralization for ease of use and scaling their portfolios. They got fucked. News flash, this same centralization and trading off security and decentralization is happening on every PoS token.
tldr; CORE TECHNOLOGY This week, the teams continued working on the node, ledger, consensus, and networking improvements. For a detailed overview,… *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
tldr; CORE TECHNOLOGY This week, the teams continued working on the node, ledger, consensus, and networking improvements. For a detailed overview,… *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Anyone looking at XRP Ledger? On that chain is Sologenic (SOLO) and Coreum (CORE). SOLO & CORE are up 88+ & 48+ percent, respectively over the last week. As of Mon, Oct 10 @ 10:30AM CST. I haven't found information as to why? SOLO = \~$0.245. CORE = \~$0.265. ($, USD).
If Revolut are hacked, 2FA won't matter, because they essentially have the CORE of the system in their hands, and aren't accessing via 2FA on your PC. Thats how Mt Gox and others were compromised for billions despite having 2FA etc in place for users.
You are absolutely right. This is a problem that has no solution without forking and making major changes. Changes cause a lot of distrust which is bad. Satoshi disigned Bitcoin to scale and fees whould pay miners as rewords drop. CORE devs completely changed the nerative to what it is now: 3 txs per second, 1MB block limit, no scaling whatsoever.