📣DeFi Digest 📚According to the DeFiLama service, Total Value Locked (USD) on Sunday was $52.35b! The market continues to move almost horizontally. 📚What’s happening on the DeFi market is very important for our project, because this tech lies at the core of TimeCoinProtocol’s development strategy. We will continue to watch it for you! ☺️We believe in keeping track of the market and staying up to date with trends. 📌 https://www.timecoinprotocol.com  |
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📣What do users get from decentralization? 📚Here are a few key advantages that users get from decentralized systems: 📌No need to trust a central authority that might be incompetent, vulnerable to attacks, or even have ill intentions. 📌Less censorship. Governments often restrict their citizens’ access to various websites and social media. Censoring traffic in a peer-to-peer network is much more difficult, because every package can be sent to every other node on the network, and they will relay this data further. 📌Most of the applications on the network are open source. Anyone can copy some or all of the code, and create their own applications with it. The more decentralized products come out, the more advantages and opportunities open up for the network users. 📌Proper economic incentives. Users who support the network get rewarded for it financially. The more support they provide, the more they are rewarded. 📚Of course, decentralized networks have their downsides too: they are usually slower to develop, have lower adoption rate, might be more expensive or have lower efficiency at the time of launch. However, most users agree that the end result is worth the effort. 📌 https://www.timecoinprotocol.com  |
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📣Time to visit our Youtube channel 📚We want to remind you about our YouTube Channel! Here you can find videos about the project and a recording of Masato Kakamu's latest interview! If you haven't watched it yet, now is the time to do so! 🎯Click the link to see the video: https://www.youtube.com/watch?v=O0qDvrGQTcQ  |
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📣Binance CEO reminds the world where Bitcoin started 📚Changpeng Zhao has recently tweeted his opinion on how people perceive the Bitcoin price crash to $20,000. He reminded his readers that BTC has gone a long way from its inception. 📚Netizens have generally responded positively to CZ’s take, saying they believe in the future of cryptocurrencies and the market’s inevitable recovery! Care to share your opinion? 📌 https://www.timecoinprotocol.com  |
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📣eSportStars - first TCP's dApp 📚eSportStars is an application built with the use of TimeCoinProtocol! Today we would like to take an in-depth look at the app! 📚eSports has become increasing popular with 500 million players globally. Many tournaments are now being held with a growing number of compatible games. However, there have been limited opportunities to find suitable opponents and earn rewards from eSports. With eSportStars, users can both sell tickets to offer competition opportunities and buy tickets to compete against others. The deal is done when the buyer purchases the battle ticket. 📚The seller can donate any proceeds to charity.Ticket sellers can also sell their tickets for any eSports related activities, such as hosting game tournaments, playing games together, talking about games, coaching games and a lot more! 🎯To learn more about eSportStars, please visit http://esportstars.jp/index_en.html  |
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📣Millennials Buy More Cryptos in 2022 📚Cryptocurrencies have become one of the major assets, especially for young people. 📚The CNBC Millionaire Survey showed that 83% of millennial millionaires own cryptocurrencies, which polls backers with interesting assets of $1 million or more. 📚Furthermore, more than 50% of the enthusiasts have at least 50% of their wealth in cryptocurrencies. 📚In contrast, only 4% of baby boomers hold any cryptocurrency. In addition to that, more than three-quarters of Gen X don’t own any cryptocurrencies. 📚The survey showed that millennials remain the major driving force in the cryptocurrency space and intend to hold on to the role. 📌 https://www.timecoinprotocol.com  |
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📣DeFi Digest 📚The TVL DeFi market remained virtually unchanged - last week the market closed with $26.77B, down $1.4 B from last week. 📚What’s happening on the DeFi market is very important for our project, because this tech lies at the core of TimeCoinProtocol’s development strategy. We will continue to watch it for you! We believe in keeping track of the market and staying up to date with trends. 📌 https://www.timecoinprotocol.com  |
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📣How are DeFi currencies different from other cryptocurrencies? 📚Even though all cryptocurrencies are inherently decentralized, projects that leverage this technology are often the opposite. This includes various cryptocurrency exchanges, loan platforms, prediction markets, etc. Both options have their pros and cons: 🎯CeFi pros: high flexibility and liquidity. More effective tech support. Professional asset custodianship. Rapid adaptation to client demands. Cross-chain swaps. No issues with exchanging BTC for XRP or LTC for ETH on a centralized exchange. Fiat support. 🎯CeFi cons: all assets stored on the platform are outside of reach for the user and are thus vulnerable to threats capable of breaching the security system. 🎯DeFi pros: user has full control and responsibility for his assets and sensitive information. No human factor — all transactions are carried out through automated smart contracts. Full access from anywhere with an Internet connection. Open source. Innovative. 🎯DeFi cons: as a rule, it is tied to one blockchain (most often Ethereum). This negatively affects asset liquidity. 📚DeFi platforms and tokens are becoming more and more widespread and now cover almost all facets of financial activity where it was previously impossible to do business without the help of middlemen. 📌 https://www.timecoinprotocol.com  |
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📣TimeCoinProtocol architecture 📚The architecture of TCP is as follows: connective protocol layer encourages users to engage in cross-dApp usage by allowing them to carry their transaction history, evaluations, and reputation between dApps. This will motivate dApp providers and in-dApp vendors to constantly strive to improve their products and services. 💭The protocol consists of the following: 🚀Decentralized Applications 🚀Application Common Libraries 🚀Open Source Search Server 🚀InterPlanetary File System (IPFS) 🚀Ethereum Blockchain 💭More information about TimeCoinProtocol architecture you can see on our site! 🎯 https://www.timecoinprotocol.com  |
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📣What is decentralization? 📚Decentralization is a process of distributing the power among all the participants of a system, without a central governing body. Today, the majority of traditional financial and state systems are centralized, and this approach is plagued with flaws. The main issue is that they have points of failure: a security breach or a central server/facility malfunction negatively affects the rest of the system. 📚Originally, cryptocurrency was developed as a decentralized network that has no single point of failure, which makes it democratic, more stable and efficient compared with regular money. 📚The technology behind decentralization in Bitcoin and most other cryptocurrencies is called blockchain, and it gives every user the ability to serve as a node that checks the validity of transactions. 🎯 https://www.timecoinprotocol.com  |
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📣Which industries does TimeCoinProtocol engage in? 📚TimeCoinProtocol is more than just a platform, it’s a true decentralized sharing economy ecosystem built on the Ethereum blockchain that encompasses several key aspects of modern life: 🎯DeFi 🎯NFT 🎯Gig Works 🎯Games 🎯eSports 📚All these are promising and interesting areas for a wide audience, which today are on the crest of popularity! 💭Learn more at https://www.timecoinprotocol.com  |
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📣Web3 projects have lost over $400M 📚Experts and Immunefi, a Web3 security platform, have put together and published a report estimating the losses inflicted on the crypto community through hacks and fraud in Q3 2022. 📚The Web3 sector lost some $428,718,083. Out of which $398,912,483 was stolen by hackers (30 incidents), and $29,805,600 was lost to fraud (9 incidents). 📌 https://timecoinprotocol.com/  |
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📣DeFi Digest 📚The TVL DeFi market remained virtually unchanged - last week the market closed with $28.13B, up $0.6B from last week. 📚What’s happening on the DeFi market is very important for our project, because this tech lies at the core of TimeCoinProtocol’s development strategy. We will continue to watch it for you! We believe in keeping track of the market and staying up to date with trends. 📌 https://timecoinprotocol.com/  |
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📣TimeCoinProtocol's Youtube Channel 📚We want to remind you about our Youtube Channel! Here you can find videos about the project and a recording of Masato Kakamu's latest interview! The project's CEO has answered our subscribers' questions about TimeCoinProtocol! 🎯Click the link to see the video: https://www.youtube.com/watch?v=O0qDvrGQTcQ  |
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📣How the current TimeTicket works 📚As you may already know, we have a DApp — TimeTicket. TimeTicket is a mature sharing economy marketplace from the team behind TimeCoinProtocol. 📚Sellers, known as hosts, can post listings to sell their knowledge and/or skills. Prospective buyers, known as guests, can search for hosts by both geographic locations and by their knowledge and skills. Once a guest identifies a suitable host, they purchase a ‘ticket’ — a token which entitles the bearer to a set portion of time in which the host should perform the pre agreed service — and a meeting is scheduled. The time and location of the meeting are determined by the user and can take place face-to-face, online, over the phone, or via message. 📌 https://timecoinprotocol.com/  |
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📣Why crypto is so popular? 📚We have already talked about this, but against the backdrop of falling rates, let's say it again! Crypto popularity has been steadily growing in recent years. The reason for that? There are plenty: 🎯Freedom. No tax extortionists or regulators. 🎯Anonymity. This is what many people value crypto for! 🎯Anti-inflationary hedge. Cryptocurrencies don’t get inflation by design. 📚These factors lead us to a simple conclusion: interest in crypto will only continue to rise! https://timecoinprotocol.com/  |
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📣Time To Visit TimeCoinProtocol! 📚TimeCoinProtocol is a decentralized sharing economy protocol using the Ethereum blockchain. 📚If you have not visited the site for a long time, it's time to do it, because it is there that you can find maximum information about the project! https://timecoinprotocol.com/  |
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📣Crypto winter is here 📚More and more experts are forecasting an even harsher winter for the cryptocurrency market. A BofA strategist, Alkesh Shah rules out the possibility of a rally in the near term, neither for cryptocurrencies nor for any other risk asset due to macro economic reasons. He asserts that volatile assets like crypto are struggling amid high inflation and high interest rates. This discourages potential investors from buying risk assets, eliminating any possibility of a significant rally. 🚀 https://www.timecoinprotocol.com  |
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📣DeFi Digest 📚The TVL DeFi market remained virtually unchanged - last week the market closed with $27.95B. 📚What’s happening on the DeFi market is very important for our project, because this tech lies at the core of TimeCoinProtocol’s development strategy. We will continue to watch it for you! We believe in keeping track of the market and staying up to date with trends. 🚀 https://www.timecoinprotocol.com  |
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📣Masato Kakamu speaks 📚If you are yet to see the video Masato Kakamu made on our YouTube Channel last week, now is a great time to do so! The project’s CEO has answered our subscribers' questions about TimeCoinProtocol! 🎯 Click the link to see the video: https://www.youtube.com/watch?v=O0qDvrGQTcQ  |
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