Spelling? Kidding aside. The difference is that I don't know you and I know myself better.

The cryptocurrency market is still in its infancy stage, with new guidelines showing up much of the time. While it offers a ton of chances, there is likewise the potential for individuals to exploit for their very own gain. However, this isn’t all bad news. While wash trading is bad no matter how it is approached, there is a legitimate need for market making services within the cryptocurrency market.

Market making is an activity that reduces liquidity risk, facilitating users that sell and buy in the market. It also plays an important role in increasing the liquidity within the market and between specific trading pairs while Wash trading refers to the process where a trader generates misleading and artificial activity by buying and selling a cryptocurrency to themselves. This, in turn, creates fake trading volume and greatly inflates the appearance of demand. It is a form of market manipulation and aims to mislead traders. Wash trading has also been found to play a role in trading at cryptocurrency exchanges.

Know more about it here: https://blog.kucoin.com/the-differences-between-market-making-and-wash-trading-sk-bt

Energi (NRG) Project Updates Research And Information For KuCoin Users


Energi has announced the next major step in its development: Energi 3.0.

Energi 3.0 will involve a transition to a smart contract platform. Smart Contracts are powerful tools that are both immutable and distributed, providing security and reducing transaction costs associated with traditional contracts.

This platform will be adapted from Ethereum, which means it will maintain compatibility with apps written on the network. This will not only make it easier for users and developers to move to the new smart contract platform but also allow for the Defense Team at Energi to secure and protect the network. Additionally, Energi will offer engineering and marketing support for those looking to develop on the platform. Extra security and support are attractive features to those looking to develop on a smart contract platform and are made possible by Energi’s powerful treasury model.

Energi’s ‘next level’ will bring the project closer to its ultimate goal of world adoption. It provides virtually all of Ethereum’s capabilities together with Energi’s strongest aspects: the Treasury, Masternodes, and Governance systems.

Once Energi moves onto a smart contract platform, it will begin adopting existing Ethereum infrastructure such as MyEtherWallet (MEW). This upgrade will also enable Decentralized Applications (dApps) to migrate to the Energi ecosystem. By the end of the year, Energi will begin onboarding the most impactful blockchain projects and dApps into the Energi platform. Energi will also begin giving grants and providing support via the Incubator Program for what are determined to be the most powerful upcoming dApps in the space.

Read the full official announcement: https://medium.com/energi/the-next-level-energi-3-0-8eecad6b6cc4

You can read the blog here: https://blog.kucoin.com/energi-nrg-on-kucoin-further-information-updates

Mainnets and testnets are common technical terms used in the cryptocurrency world to denote blockchain networks that possess vital functions. As mainnet serves a variety of vital functions, testnet serves as a simulation of how the protocol would function on the mainnet itself. Hence, represents two fundamentally different networks that each represent a vital purpose for any project.

The sign of a mainnet or a testnet shows how serious a project is as these two features affect the price of a cryptocurrency in one way or another. Undisputedly, a good thing to test things out how reliable it is for success.