TERRA Classic has shown the world that cryptocurrencies can be a huge scam, after which no one is responsible for anything and walks free, and even creates new projects. So I would not be surprised if this scam is worth even more than 0.001 next year. Although it seems to me that this project is more likely to die than to recover. All the recent growth was just manipulation to sell more expensive. I wouldn't buy any LUNA or Classic coins for holding in the hope of catching a profit.
Before the TERRA coin, many thousands of coins scammed, remember the 2017 ICO. And UST is not the first stablecoin to fail. You need to study algorithmic stablecoins very carefully and not use coins that have only one coin in collateral. |
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https://terrarity.io/analytics/lunc-burnerCheck out these burning statistics. If they burn 59 billion coins in 5 years, then staking new coins will generate 10 times more coins. This is a pointless operation, and constant incineration commissions will not allow new projects to develop in this ecosystem. I see a dead end. Isn't it already dead end for LUNC and LUNA? It's not dead yet. LUNC was still being pumped by the whales caused by the burn. I saw that this is the only thing that gives hope for all of them. LUNC was doing burn mechanism but it's also doing staking reward that will be giving more tokens to the stakers. There are trillions of tokens in the market. I saw that even people hyped the coin caused by only 300 millions burn LUNC in a day which is very small. Where did you find the figure of 300 million LUNC per day? For September 22, the data is 410 million LUNC. You need to make a deflationary ecosystem to burn billions of tokens, for example, as SF does in Ethereum. So that the number of burned tokens is much greater than the number of tokens that the validators receive. |
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I have seen several videos that recommend not to use a stablecoin when withdrawing from exchanges because of the commissions. In one video it was recommended to use litecoin and in the other video they recommended algorand.... Do you think these 2 coins are the best options to use when withdrawing?
Is it good to take the risk? I once withdrew using litecoin and the transfer from an exchange took 30 minutes...in that time you can't put a stop loss so if there is a market crash I would lose a lot of money....
I also tried to withdraw less than $10 on bybit and binance and the exchanges would not allow me to withdraw...I think I saw a video a while back where they recommended withdrawing $1 first to test (to make sure I choose the right network etc). The other day I tried to withdraw 4 dollars with bybit and binance and I got the message: the withdrawal is less than the minimum allowed.
As a rule, the Tron ecosystem has the lowest commission. Withdrawing USDT TRC20 stablecoins costs me no more than $1 as a rule and these stablecoins are supported by many exchanges. This is not the best option for long term storage, for this I use the DAI ERC20. |
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SEC chairman Gary Gensler hinted the possibility of classifying all PoS cryptocurrencies as a security. ETH would be not be exempt from this, after switching to the PoS consensus algorithm. With centralization issues mounting on the ETH blockchain, I wouldn't be surprised if exchanges (mainly Coinbase and Kraken) would be required to comply with securities laws in order to provide staking services to their customers. This could also affect Vitalik Buterin (ETH's founder), especially when the project held an ICO in its early days. For what I know, all options are on the table. But rest assured that if the SEC takes action against ETH, it'll be the end of a decentralized web as we know it. Maybe ETC will take over if ETH fails? What do you think about this? Will the SEC be able to successfully classify ETH as a security? If not, why? If securities laws are enforced, will that make ETH more centralized? Your input will be greatly appreciated. Thank you very much.  Ethereum is already maximally centralized and researched by blockchain analysts. Ripple and Ethereum are different, so the trial can be very long. But I don't think that will happen, because Ethereum has a very large lobby in the financial sector. |
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Now on the market, more and more projects related to the meta universe. Tell us what you think the future of this is, and what projects inspire you?
As soon as a new project appears that pays a good reward to users, then immediately there are many cheaters with hundreds or thousands of multi-accounts who make good money on it. Until there are effective methods of dealing with multi-accounts, the real indicators will be very different from official statistics. I've seen this and experienced it. Multi-accounting right now is like a norm in gaming and other applications. Worse, it's the developers that are giving the tools on how they can do it. They sell it. Once rewards are seen through 1 main account, they will try to take advantage of it by creating more. Security about this should be their first goal. But that will rely on looking at every IP and it's a lot of work. What if one household honestly have different person that is using one connection? It will take time before they could see a healthy way to prevent it. Cheaters do not use the same IP addresses.But cheaters are good for the project because they create activity. All these crypto games are much inferior in quality to ordinary games with good graphics and history, and therefore the only way to attract new users is to use project tokens, which become cheaper due to their sale. Therefore, the average life of such games is 4-8 months. |
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новости LUNCСегодня - счетчик до запуска - https://luncpenguins.com/ запускается сжигание 1.2% в сети. Многие биржи будут сжигать 1.2% при депозите/выводе. gate при вводе/выводе будет взимать повышенную комиссию - 2.4%. BINANCE изучают возможность сжигания на споте/фьючерсах. Сообщество разрабатывает планы по возврату ustc к 1 доллару. Прошли сутки и за это время сожгли всего лишь 320 млн lunc. Это совсем немного и если такой темп сжигания будет продолжаться дальше, то это почти никак не повлияет на курс lunc. Кстати, в тг группе написано, что сжигание 1.2% своего рода эксперимент и есть вероятность, что это может значительно уменьшить активность в сети. Следовательно, если результаты будут неудовлетворительными, то в дальнейшем может появиться предложение по поводу снижения этой комиссии. По этой статистике за последние 2 дня сожгли не более 70 миллионов монет https://terrarity.io/analytics/lunc-burnerЭто тупик для всех новых проектов и стейкинг производит новых монет больше, чем сжигается. |
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https://terrarity.io/analytics/lunc-burnerCheck out these burning statistics. If they burn 59 billion coins in 5 years, then staking new coins will generate 10 times more coins. This is a pointless operation, and constant incineration commissions will not allow new projects to develop in this ecosystem. I see a dead end.
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Those miners who don't want to get ride of their mining rigs will simply continue to mine this fork coin. And we have seen that it's been a rough start, up and down, sometimes you will see a huge dump and then followed a a increased of like 40%... Since the Ethereum merger, the number of miners in the ETH PoW network has decreased by about 2 times. This is evidenced by the data of the hashrate network. This indicates that miners are abandoning ETHW mining, preferring ETC and RVN, which, on the contrary, have an increased hashrate. The price of ETHW has dropped from $20 to $6, which is why miners are moving to other coins. Ethereum Classic ecosystem is very poor https://ethereumclassic.org/services/appsThis is a big failure in such a long time. ETHW is not supported by most serious projects, so the situation in this ecosystem can be even worse. |
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https://galxe.com/Optimism/campaign/GC6xiUtedgOptimism Quests https://blog.tally.cash/optimisticdoggos-what-they-are-and-why-you-want-to-be-one/" On-chain achievement NFTs! How to complete the first Optimissions: Sept 21 – 28: Sign our pledge to #DefendWeb3 and follow Optimism and Tally Ho on Twitter Sept 28 – Oct 5: Sign our pledge, bridge to, and swap on Optimism NFT Giveaways with Apetimism, Optipunks, Oliens, and Bored Town! How to enter: Sept 22, 11am ET: Check our Twitter and learn how to win two NFTs, one from Oliens and one from Apetimism Sept 29, 11am ET: Check our Twitter and learn how to win two NFTs, one from Bored Town and one from Optipunks."
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Now on the market, more and more projects related to the meta universe. Tell us what you think the future of this is, and what projects inspire you?
As soon as a new project appears that pays a good reward to users, then immediately there are many cheaters with hundreds or thousands of multi-accounts who make good money on it. Until there are effective methods of dealing with multi-accounts, the real indicators will be very different from official statistics. |
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I'll wait it officially until Ledger announces if there will be a token that's claimable like this. And I guess for those Trezor owners too.
It's better to have those step by step coming from the official wallet manufacturers so that there won't be any problem that will be met. Well, that's me just to be sure before I claim that there's a free token.
If there's none, it's okay.
Wallet developers will not make official support for every useless Ethereum hard fork. Using the new network in a metamask is safe, the main thing is not to confuse it with the original network when sending your tokens ETF Network https://twitter.com/EthereumFair/status/1570322701457453057"Add ETF Network to Metamask === Network Name : EthereumFair New RPC URL: https://rpc.etherfair.orgChain ID: 513100 Currency Symbol: ETF ETF Explorer: https://explorer.etherfair.org" |
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Dunno exactly, but there should be workarounds around that as you might be able to access these platforms with different frontends. After all, they can only censor frontend and not the smart contract itself.
This is very easy to implement with the help of whitelists for projects and KYC operators. If the project will work in the USA, then it will have to comply with all the norms of the legislation of this country. But since the KYC procedure will take place remotely, it is possible to use drops. |
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Binance warns of the dangers of LUNA trading  On this news, the price of the coin fell again. Burn statistics https://luncpenguins.com/If the burning continues as planned, then most hodlers are hoping for a rise in the coin, but most are always wrong. |
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https://blog.coin98.com/introducing-cusd/Introducing CUSD - The Next Liquidity Solution for The Cross-chain Economy "Coin98 is excited to roll out CUSD, the decentralized stablecoin of Coin98 ecosystem. Today, we are excited to introduce the next building block in our ecosystem - a brand new unit of account for the cross-chain economy - the Coin98 Dollar, also known as CUSD." ____________ by Tether | Oct 13 2022 Tether Slashes Commercial Paper to Zero https://tether.to/en/tether-slashes-commercial-paper-to-zero/
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https://blog.chainalysis.com/reports/axie-infinity-ronin-bridge-dprk-hack-seizure/$30 Million Seized: How the Cryptocurrency Community Is Making It Difficult for North Korean Hackers To Profit "But today I had the privilege of joining the Axie Infinity team on stage at AxieCon to deliver some good news: With the help of law enforcement and leading organizations in the cryptocurrency industry, more than $30 million worth of cryptocurrency stolen by North Korean-linked hackers has been seized. This marks the first time ever that cryptocurrency stolen by a North Korean hacking group has been seized, and we’re confident it won’t be the last. These are the results thus far of our investigation following the March 2022 theft of more than $600 million from Ronin Network, a sidechain built for the play-to-earn game Axie Infinity."
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Важное обновление в экосистеме Космос, теперь они выглядят серьезнее Полькадота. https://twitter.com/maria_defiyield/status/1569332562048294912https://www.coindesk.com/markets/2022/09/20/cosmos-atom-gains-bucks-post-merge-lull-on-outlook-for-new-uses-better-security/перевод: "Функция межсетевой безопасности сделает Comos Hub ответственным за безопасность всей сети и позволит использовать ATOM для защиты всех блокчейнов в сети. Согласно этому плану, блокчейн Cosmos Hub с доказательством доли будет сдавать в аренду свои валидаторы, поддерживаемые токенами ATOM, начинающим цепочкам. Это позволило бы каждой цепочке блоков или зонам в сети Cosmos совместно использовать безопасность с использованием ATOM вместо соответствующих собственных токенов. В настоящее время сети вынуждены либо выплачивать высокие инфляционные вознаграждения в виде токенов валидаторам, либо сталкиваться с риском хакерских атак на свои сети. «Ожидается, что команда вскоре объявит о новой токеномике для ATOM, которая снизит инфляцию», — говорится в еженедельном информационном бюллетене Кайко, опубликованном в понедельник." |
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