🟢 This crypto Friday looks quite green! KNC (+13.62%), APE (+10.88%) and XMR (+7.79%) showed the most active growth this week, and MINA (-31%), ANC (-26.12%) and CVX (-18.38%) dropped down more than others. Bitcoin is trading on $40.4k and Ethereum is on $3k.
Yeah, this post mainly disagrees with people who say it doesn't do anything new or noteworthy at all. Indeed, other chains like Algorand and MINA (off the top of my head) do great things too, but Cardano has done more than enough to earn its place at the table IMO.
Cardano is the only major L1 that uses the Ouroboros protocol, which relies on e-UTxO style of ledger management rather than account-style like Ethereum; all the others you mentioned, including Algorand, rely on accounts-based ledger management, which doesn't have the same properties. There are several other blockchains, including Polkadot and MINA protocol, which derive their consensus protocols from Ouroboros, which Cardano pioneered. [Source from Polkadot docs](https://wiki.polkadot.network/docs/learn-consensus) > BABE (Blind Assignment for Blockchain Extension) is the block production mechanism that runs between the validator nodes and determines the authors of new blocks. BABE is comparable as an algorithm to Ouroboros Praos, with some key differences in chain selection rule and slot time adjustments. If you think Cardano does nothing different from the other chains you mentioned, then you're not qualified to comment b/c you don't know what Cardano is and does.
Whilst i agree it might be an issue, especially for those used to the annominity of cash, there are options available like zero knowledge proof tokens like MINA, or zk snarks, roll-ups etc, zcash, monero. People are leaky af when it comes sig-int security. Posting their photos & holiday snaps on Fb can give away their home location (and the fact their house is empty), their birthday (& other memorable dates like anniversaries/birthdays), pet names, kids names, parents names...the list goes on. Thats just one site. Most identifiable info is already out there.
**Top gainers in the last 24 hours (from top 100)**: 1. The Graph (+17.7%) 2. ROSE (+14.2) 3. Flow (+14.2) 4. Celsius network (+11.9%) 5. Chainlink (+9.6%) 6. NEAR Protocol (+9.6%) 7. Polkadot (+7.1%) 8. THORChain (+6.9%) 9. MINA (+6%) 10. Stellar (+5.8%)
1st of the month: 250-300 eu into BTC 15th of the month: 200-250 eu into any alt I have dug in a little bit. I started this strategy in June and so far it has been MINA and CKB. I am not sure yet which one to buy next week but I am leaning towards CAKE or DOT.
Straight up just buy BTC before regulations take a big dump in your bag in the next couple years. However, if you truly want to dca in some alts/degen or simply just want to try to get a higher ROI compared to BTC, then $LINK (always solid overlooked pick), $IMX (ZK tech will be the future esp being L2 on ETH) and $MINA (ZK tech L1 blockchain only 22kb) would be my picks.
Putting things up with a solid stack is cool. I'm placing bets on MINA, ETH, MATIC, and XPRESS. I think ALBT have a good chance of producing a sizable ROI. I understand XPRESS is powered by ALTB and once their metaverse base bank is operational, I think there will be a change in the price narrative.
>But what if we implemented something like what MINA does with ZKP or a ZK rollup or a "snapshot," etc., of the earliest 200GB blocks once the blockchain reaches 1000GB? Gigabytes 1-200 are rolled up and a "snapshot" is made (surely those transactions are immutable by that point?), and the whole blockchain size is brought down to about 800GB. Once it reaches 1000GB again, then the earliest 200GB are rolled up again. This way the blockchain size never reaches more than 1TB and the block size could increase to around 4MB or something. Pruning already exists in Bitcoin clients, this is not a new concept. But we still do need full "archival" nodes in order to store the entire history. If we let the whole history go to let's say 1000 TB, then who's going to be able to run these nodes? A very select few institutions, which could easily collude to change history, and steal funds. Slight increases in blocksize might be ok, but right now, it would probably just decrease the usage of LN, which is not what we want to do. If you want lower fees just move to LN, and if L1 transactions get so expensive that LN becomes less useful, then we can do a block size increase, once it's actually required. TL;DR: storing the whole history of the chain is important, and it becomes harder the bigger the blocks are.
tldr; SnarkyJS is a TypeScript framework for writing zero-knowledge apps (“zkApps”). On June 20th we are kicking off a week of Snarky JS learning, including workshops, tutorials, dev chats, and a meme competition. The competition will run for 2 weeks, with MINA tokens for the winners. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Unfortunately I have some medical bills coming which will prevent me from investing my money. But I did recently double my holdings in MINA for half the price of my initial purchase. Ravencoin is down to 2 cents. It could drop to below one cent which would make it an incredible bargain if it does not drop to zero. Assuming there will still be some people willing to mine it, I doubt RVN could ever go to zero. But with energy prices rising I can't imagine it being profitable to mine.
Glad to see MINA featured as a Learn and Earn lesson on Coinbase today! Apparently, it's the world's lightest blockchain as it strives to reduce the blockchain from gigabytes to a fixed blockchain size of 22 kilobytes. It's as small as a couple of tweets, so users can verify blockchain transactions at the speed of light. Okay, maybe I made an exaggerated claim but you get what I mean. It harnesses a technology called “zk-SNARKS" to preserve its transaction records without saving every block. Thus, its ability to process transactions by being so lightweight.
I'm clueless, I bought a bunch of DOGE and managed to get my money back. I then put it in other crypto and it all seems to be doing terribly. The first number in brackets is how many EUR I put in, and the second number is the current value. MATIC (187) (98.22) MANA (50) (44.64) DOGE (105) (33.85) DOT (45) (30) MINA (50) (11) SHIB (26) (9.57) XLM (50) (11) SUSHI (25) (4) ADA (25) (5) It feels pointless to sell at a loss, so I guess it'll just sit there and hope there is some upturn in them.
I’m accumulating BTC, Eth, and DOT during this bear. There will be occasional sprinkles of ATOM, MATIC, ALGO, MINA, and SCRT. On rare occasion I may add some AAVE or GRT. This is my DCA recipe 👨🏻🍳✨
I'm sure SOL, ADA, Algo, DOT, LINK, MATIC, MINA and even BAT will survive. AVAX will likely survive as well, despite the Luna debacle. Basically i believe in innovation and use case. Sure XRP and LTC will survive as well but they won't outperform or reach new ATH's in the next bull market, unlike L1's, now with huge ecosystems and strong fundamentals.
Well also that stocks are shares of a company that have to report things like assets and debt and revenue and profits and have to answer to their shareholders (I know, the big ones, but even so) and you can ballpark the fair value per share vs the market price for share generally. Crypto itself is attempting to create it's own medium of exchange or currency within a small subset of a subset who's value is initially set arbitrarily based on a hypothetical market demand and a preprogrammed supply. Often the value that the currency is supposed to have is based on, yes pure hype and speculation or lack thereof, under a business model of anonymous devs, no requirement to reveal anything about where value or income comes from or where it's going, aside from whatever on chain data one can pull but isn't easy or straight ahead. The volatility is wild because no one really knows what anything is worth and it becomes more like chucking rocks in a pond that's easily disturbed than a giant ocean moving in waves. But we know this, we're told of the high risk of exchanging our fiat (spendable money) for any number of 1000s of crypto that isn't spendable yet and we have no idea when if or for whom it will change. Tho we tend to focus on the high reward part of it. And we overestimate our risk tolerance until we're invested. Which turns us into crazy obsessive degens trying to catch the pumps and be on the sell side of the dumps. I know, we're here for the tech. We're long term hodlers. I'm def one too. But my measure for the rewards of hodling are based on a very different time - OGs of Bitcoin in a market that was insane (and difficult to HODL ) and the concept of up only (which still holds true, but it's getting close to not) when the market is now populated by smart money and sharks. You think JPMC is YOLOing on crypto? Or 3AC is buying up the next shitcoin without knowing EXACTLY what they're doing? In this way crypto and stocks are the same. But crypto risk is only getting higher as the space is saturated with everything and anything "aiming to solve " yadda yadda problem that didn't really exist, and navigating a minefield of rugs and scam devs while the reward is getting less and less. If BTC zooms to the moon and breaks 100k in a month, that's still a conservative 3x at best. Go back a few years and this level of volatility and speculation bought you a 10, 20, 50x. IMO there is absurd value in crypto, but it's extremely difficult to find it without getting blown up, keep it without ending up a bag holder, and capture asymmetric rewards from it with anything more than blind luck. So just cuz there is value in the space overall, doesn't mean anyone (besides the already wealthy) knows just where to look. Haven't even touched on the regulators and what that's gonna do. They tell us it will reduce risk but.. probably not for whales and plebs equally. But fk it - I'm still playing. Long $ETH $GMX $ATOM $AVAX $MINA LFG!
tldr; Five altcoins decreased the most last week, more specifically from April 8 to April 15. Mina (MINA), Anchor Protocol (ANC), Convex Finance (CVX), Terra (LUNA) and Waves (WAVES) were the five altcoins to decrease the most. MINA is trading in a range between $2.25 and $3.15. CVX has created a bearish engulfing candlestick. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
MINA was doing a nice job of trying to develop really complex tech relatively under the radar around the 85-90 mark. Then Coinbase listed it. Wait a few more weeks and prices will stabilise but I see it as a 3-4 year hold to get where it needs to.
I saw that $MINA was added to CoinBase today. What's your sentiment towards it? Usually there's a pump when it is freshly added to the exchange. Think, with how the day has been quite negative for crypto, there will be a pump? Or nah?
I am very predisposed to the growth of MINA, it occupies 15% of my long-term portfolio, but in addition I would like to find several DEXs for trading in MINA with a credit player since I cannot use centralized cryptocurrency exchanges
After Bitcoin and Ethereum, the most commonly held asset by crypto institutions in Q4 is again Polkadot. Rank: BTC - ETH - DOT - ROSE - NEAR - LUNA - dYdX - MINA - FIL - Maker - SOL - 0x - AR