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MASS is focusing on layer 0 of blockchain i.e. consensus layer.
Layer 2 is about scalability and performance.
Layer 1 is the base of the blockchain that ensures its security and decentralization
Layer 0 is about consensus. Without a strong Layer 0, Layers 1 and 2 would be useless.
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[...]
If we are making an analogy about this project as a book, your website can be considered as the cover of the book. The cover has a lot of meaning to the book because people will see the outer of the book before reading what is on the inside, if you make it looks less interesting. Do you think people will bother to take a look at what is on the inside? That's true. They have done good job to make there site give a good info about the idea. This project is covering crypto for daily living, something badly required by crypto. I am investing in it, who else wanna join me? |
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BOOM please start making some noise now or it will be too late. As investors are loosing there patience. Whole market is in red but BOOM is showing no sign of bull run. Can someone tell why it is so?
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Alt coins have also gone up because of btc bull run. Not many are left behind at investors rate. If you are planning to buy something for next coming BULL run then invest in BOOM, you will thank me later.
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I personally have come across many deflationary tokens or coins, they are actually good for innvestment cus the more transaction are done, the more the coins are burnt, the more the coins are burnt, the more the supply is reducing to create more scarcity, and the more scarce a coin is resulting from low supply, the more the price is likely to go up.
But it still surprises me that even as good as the above sounds, i havent really seen a successful project with deflationary token or coin, they all end up as pump and dump coins, and this is for those ive personally bought in the past, am still holding one that is called blaze defi, its just been like six or seven months and the project already looked like it been abandoned as theres no much activity in their telegram aNYMORE.
In crypto HODLers never loose. Buy at dip and HODL. There isn't much risk involved in current price. People HODL BTC for years and see its price from almost 0 to 50k in just 10 years. In HODLing we trust. |
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BOOM is following the burn token approach to lessen the supply of coins in circulation and that's the only use case which I see apart from payment system. In current bull run many sleeping coins are also getting huge push, may be there is a day for BOOM also.
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Has any of you heard about Statera? In Statera, deflation is used as mechanism to capture value to single token, which is designed to live inside a balancer liquidity pool. For better explanation, check out their medium or website.
STATERA is doing great as per stats on CMC. Its price is reasonably good and in next bull run price of STATERA may cross 1$. Its the right time to invest in STATERA and other deflationary coins as there market is silent and tsunami is yet to come. |
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What I understand from article which OP has shared is that MASS consensus engine, the MASS Net blockchain, and the MASS cryptocurrency are three features that make up the MASS ecosystem.
The MASS consensus engine is first utilized by the MASS Net blockchain system and MASS token is the native crypto.
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Crypto is bullish as never before but deflationary coins like BOOM are in mood of joining this bull run. May be in next bull run they may run with btc. Nonetheless its disappointing for BOOM holders that they wont be able to sell there tokens in this bullish season.
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I am learning a crypto and i have a question. How do i can learning it and level up?
A good way to learn crypto mining is to start with MASS. You can access documentation provided at there website to setup your mining software and wallet. This way you will get to many underlying details of crypto mining. You can then switch to other coins also. |
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There are many options around you. All you need is to do some research and you will find out many. Already people have mentioned many coins that can be mined profitably. BTC is profitable only if you can afford expensive hardware n electricity bills.
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Masses may take a while to adopt this new concept. Every new coin faces huge resistance in the start because of too much scam in crypto market. Legitimate tokens also have to face the criticism. deflationary tokens are available at discounted rate, buy them before it gets too late.
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i may be too late to this but have anyone tried this already? i don't think cloud mining is still profitable actually i have tried myself few years back i only get a few profit from month of cloud mining i still prefer on trading since you can easily have a profit if you know how to trade and handle your coins.
There is no late in crypto world, its all about our perception. When BTC was worth 1 USD people start saying that its late to buy BTC now, when it was at 100 USD people said same. If you wanna do cloud mining, DYOR about OXBTC and start now. Just do it before its more late. |
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Market is full of new tokens every year. FSM along with other deflationary tokens are new addition to family of crypto. The future of these tokens mostly depend on how strong its community will be. Once they reach out masses and have confidence of ordinary crypto users, it can go to moon.
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With the recent surge of crypto with a limited total supply, I think the next will be the deflationary tokens/cryptos. Because of many new cryptos in the market today that put any crypto with a decently controlled inflation become such a worthy investment.
Recent bitcoin halving proves the fact that limiting the supply of token effects its price in upward direction. Though Deflationary Tokens like BOOM, FSM are in there early stages, there is firm chance that they will rise in future. As there supply is continuously decreasing. |
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Deflationary token model is very new and probably that's the reason why people are asking too many questions about this model. They defiantly hold the future of crypto market. Those who foresee the future are accumulating them.
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crypto is here to stay and it will keep on growing with new projects like MASS. its listed on exchanges in April and those who mined it before listing on exchanges have earned a lot. I still feel that this project has too much potential to go up and price is still in range.
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Deflationary model is facing strong resistance but we cant say that its fully rejected. There are people who are investing in this model, so there is bright chance that game for deflationary model is ON.
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That's a nice strategy to reward bounty hunters. I am sure other projects will follow this strategy also, to reward tokens to those who actually worked hard and did something productive.
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Whats the purpose of this GPU plotter? |
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