Bitcoin Forum
June 23, 2024, 01:25:49 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] BlingFinance DeFi Protocol - Cross Chain Swaps - Yield Farming on: November 19, 2020, 05:51:08 PM
Good Article........Why DeFi Needs to Branch Out From Ethereum https://www.coindesk.com/why-defi-needs-to-branch-out-from-ethereum

"Ethereum’s scalability challenges and high gas fees. There is no denying that flaws exist in the world of Ethereum-based DeFi, with detractors citing over-complexity and risk as significant roadblocks."

How Does BlingFinance Solve High Gas Fees?

Our proposal is to bridge to and or migrate BlingSwap and other DeFi protocols to the FantasyGold Core blockchain. Giving users the ability to make the same transactions they normally would with the Ethereum network but on FantasyGold where fees will be significantly lower compared to ETH.

FantasyGold Core ($FGC) is a decentralized blockchain project built on Bitcoin’s UTXO model secured by a Proof of Stake consensus. FGC supports Ethereum Virtual Machine based smart contracts.


Interesting article.  I can't wait to stop paying hundreds of dollars a day in gas fees for my trades.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Fantasy Gold Coin Ecosystem and Usecases on: November 19, 2020, 06:07:06 AM
I wanted to take the time to post this little graphic that shows some of the Fantasy Gold Ecosystem.  Hope you find it helpful.

3  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] BlingFinance DeFi Protocol - Cross Chain Swaps - Yield Farming on: November 19, 2020, 05:37:48 AM
First, your bling.netwok link is not working. Need to rectify the link.

I really hope that no more crappy defi network will be introduced here. Browsing your fantasygold.io website, I don't think this is a very solid project. Same story I guess here like the ones who already exited in DeFi. But who knows, you can compete with eth network, right? Let's see...

I have to agree that website needs some help, but Fantasy Gold has been around for more than 3 years now, so maybe I'm a bit biased, but why would a project that has actual use cases, ruin their reputation by doing an exit scam? Also it doesn't appear to compete with the Ethereum network, but rather offer interoperability and a way to do cross chain swaps.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!