It is, as we can see that the most contributor of the gas fee on Ethereum are Uniswap project and USD Tether. The solution should be provided so that the fee won't make people afraid to using DeFi platform and pay the gas fee.
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When we give up and decide to stop participating in bounty campaigns anymore, that is same with closing the door to the good opportunities in the future. I agree with u, we will never know if we participating in a very good project some day as long we don't stop doing our works. Maybe one of some recent good DeFi projects that has bounty campaign, will become a success project.
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We should not just believing 100% about what popular figure say, do our own research as well. This is to avoid regret in the future because there are many coins were tweeted by some popular figures, but no good result until now. Whether the good news is real or fake, the first thing to do is find out about the project by our own, not by other's.
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I hope not, ICO hype was causing many loss for people in the past because many scam projects. Now, many DeFi projects has been created in crypto, i think those are not just a hype. Good DeFi projects seems very profiting in the future because stable coins value won't going dump.
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I think cryptocurrency can become digital asset, think about security type token. Security token is same as the share of the company, in other word it is an asset of the company. To become a digital asset, i think cryptocurrency will need to be backed with something, like gold or fiat money for example.
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Have you try using TRON blockchain to create new token ? I think transactions are fast in TRON blockchain network. Actually, Ethereum block confirmation time is not slow but the transaction gas fee nowadays is very high.
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I don't think so. Ethereum is now like a root of defi cryptocurrency new projects, so it will be hard to beat eth. To beat Ethereum, i think no new crypto can, only bitcoin alone. We can see Ethereum have high value because it will updating to ETH 2.0 from PoW to PoS in near time.
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Of course, nothing is impossible in cryptocurrency. We all know that cryptocurrency have very volatile value. The bullrun in 2017 was not the first bull run, there were several bull runs in history of crypto market. Bitcoin high price is the proof of the past cryptocurrency market bull runs.
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I guess it won't stop at $424 only, it can go even higher than it when ETH 2.0 is released. Vitalik and Ethereum team are keep developing their project, this is the key of Ethereum success. Meanwhile, most DeFi projects are using Ethereum blockchain as well, causing the demand of ETH rising more.
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Yes right BCNEX is a scam exchange. i have hold some fund in this exchange but later i couldn’t withdraw. I tried to contact the admin but they did not accept my message even they’re block me from there official telegram group. However, many investors have fallen victim to them and lost money anyway we will not rush to invest like the blind.
I lost 400$+ in BCNEX exchange, they kept giving hope that the platform will come back to normal operations then it was glaring later on that its scam. I actually bought their exchange token when the exchange token trend was still on, little did I know everything will end this way. It's a lesson learnt the hard way, I will never trade on any exchange without very high reputation. Infact presently I avoid new exchanges to avoid sad stories. I think we can take a lesson here, never use any new exchange that you don't know the reputation. im so sorry that you lost your $400, but we should try to deposit with less amount of coin first, so we wouldn't lose too much if it turn into a scam exchange.
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Compound is good but currently i have only a little interest on it. Im more interesting about the project i promote, CorionX. It caught my attention when i follow Binance Telegram AMA session. The project was mentioned by Syscoin in AMA session several days ago in Binance group telegram, that Syscoin will using CorionX platform as their DeFi platform to drive the usage of stable coins.
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The sacrifice for proof of stake is you must pay for the coin, buying the coin with your own money. Same with proof of work coins, you must buy the rigs from your own money. I think both of them are good, but i still prefer in proof of work coins.
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Of course it is matters. Without payment, the hunters efforts and time will be gone in vain. That's why it is very important to ensure the bounty campaign will pay you before you joined. And to make certain of it, bounty manager must be able to show the proof such as escrowed address contain the payment.
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Personally, i prefer to buy and using Ethereum than Tron because there are many good projects in ethereum blockchain. In tron blockchain, there are more betting or gambling project than real project, so i think better to use ethereum for investment purpose.
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Could you tell us what bounty coin you holding now ? Projects in the past are not good indeed, better to sell them away. But lets see DeFi projects nowadays, maybe it will be good to hold their coin. Usually, low volume is the reason why i sell the coin because im afraid i won't be able to sell it anymore.
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You were lucky that you didn't store your coin on that exchange. If you stored on the exchange, you wouldn't be able to withdraw your coin and you wouldn't have anything to own. Just hope that your coin value will going up in the future.
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Indeed, DeFi project is the catalyst of the current market. Just looking from the volume and price, we can see many people has gone into cryptocurrency and making some volumes. I hope the DeFi projects will bring real products that can be massive adopted by people, investors will get profit and won't disappointed.
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