Band Protocol announced tying up their price feed with Nervos’ Layer 2 Godwoken to the mainnet. Since the prime commitment of Band Protocol is to offer all its partners the absolute stable, dependable and safe price feed solution, along with it being decentralized, Nervos’ Godwoken will have a big role to play with its share of contribution. As part of their functionalities, Nervos’ Godwoken will assist Band Protocol in initiating and increasing chances for future amalgamations with many other dApp creators, functioning under the umbrella of the Nervos ecosystem. This merger will, in fact, further help them to open the...
Explore Banxso to Trade Like a Professional Trader
Banxso is a trading platform in South Africa that brought a fresh and innovative idea in investing. In 2021, a group of young financial entrepreneurs bought a legacy firm, ZEN FIN FINANCIALS, and renamed it Banxso. It is a new tech-savvy trading platform that eased the young investors by providing services differently and catering experiences to traders. Overview of Trading in Multiple Assets for Enhancing Capital Multiple assets class includes different assets such as Cash, Equity, Real Estate, or Bonds that can enhance the investors’ capital. Individuals can increase their capital by investing in multiple assets and diversifying their risk...
Siacoin Is Good for Short-Term Gain; Should You Accumulate?
Siacoin is a cooperative and decentralized network that stores data using smart contracts. David Vorick and Luke Champine founded Siacoin. It allows the user to sell storage space with others. It is the blockchain equivalent of dropbox, Google Drive, or other cloud storage platforms, but the best part is it is a decentralized system. The drawback of the SC coin is that it has no maximum cap of supply, but it uses a proof of Burn mechanism to control circulation and inflation. It allows the user to store data in different places, and it uses a redundancy algorithm to get...
ENF Expects Community Assistance in the Case Against Block.one
Having been snubbed for years by Block.one, the ENF community decided to proceed legally against the original developer. The EOS blockchain has been underperforming for the past four years, and the community was quick to point towards Block.one, the developer of this project. The community and the newly established EOS Network Foundation believe that Block.one has not kept its promises towards the EOS network and its users. To strengthen this ongoing lawsuit, the ENF is seeking the help of the community in gathering evidence against Block.one. The EOS project was launched in 2016 by Dan Larimer and Brenden Blumer amidst...
Avalanche’s Rise to $100 Possible with Upcoming Summit
After the blow from the rising political conflicts, the cryptocurrency market seems to be recovering. AVAX, the best performer of the previous week, also seems to be gaining ground at the $80 range. This current value is more than 40% lower than AVAX’s all-time high. But the coin could be pushed to the $100 range in the next few weeks if an oncoming summit goes well. Some Avalanche enthusiasts believe that this event could cause a potential bullish streak for AVAX in March. Avalanche has been making the headlines for the last couple of weeks for its impressive performance in...
8 Things You Should Know Before Investing in SafeMoon
Know More There are numerous cryptocurrencies already in the crypto market today, and more keep adding. And with the overall boom of cryptocurrency, it requires are a lot of research before investing. Apart from the popular coins like Bitcoin, etc., which get massive valuations and drive the storm, many relatively smaller and newer currencies are in the market. Some are successful, and some are failures too. Amidst this difficulty of finding the right currency for you to invest in, SafeMoon makes your choice easier. Let us see if SafeMoon will become one of the big cryptocurrencies in the near future?...
Polygon (MATIC) Forms a Triangle Pattern: What’s Next?
MATIC is the native cryptocurrency of Polygon. It is a layer two or scaling solution of the Ethereum ecosystem. It is used to pay fees, governance, or staking on the network. In early 2021, MATIC rebranded itself as Polygon. It creates a fast parallel blockchain that links the main Ethereum blockchain. It uses Proof-of-Stake consensus to make the system more secure and fast. On the network, validators verify new transactions. It is a duty of running full-time nodes. If it works maliciously, it may result in loss of staked MATIC. On the other hand, the delegator stake the MATIC with...
Bitcoin Cash (BCH) to Reflect a Range-Bound Trading This Year
Bitcoin Cash is an upgraded version of Bitcoin which has many similarities with BTC. Though it follows the original version of the electronic peer-to-peer system, it has many new features to make a difference from the original coin, and that is why it is considered a fork of Bitcoin. The features of Bitcoin Cash are: It is a decentralized system, so no one can control it. The users’ identities are not revealed during transactions, so it is free from any censorship. All transactions are saved on a public ledger which is also called a blockchain. Anyone can see the full...
AMP Faces a Challenge Near the 50 Days Moving Average!
Cryptocurrencies might propose a futuristic approach towards peer-to-peer transfers, decentralization, and other promises. Still, when we consider these assets in the current timeline, there appears to be a massive misalignment. Buying cryptocurrencies from exchanges and acquiring them from mining might not be as complicated as the actual use of such digital assets in the current fiat exchange system. AMP focuses on evolving its Flexa payments network to a notch higher by allowing merchants to accept crypto payments while converting them into fiat currencies from the sellers. This allows more merchants and partners to onboard the crypto-payments methodology offering a win-win...
Important Factors to Know Before Investing in Hedera Hashgraph
There are several cryptocurrencies in the market which rule the blockchain space. But these platforms are becoming congested, and high fees are becoming the challenge for users. There is an opportunity to find a solution for this. Hence many alternatives have been evolved. Hedera is one such solution. Hedera brings a hashgraph consensus-based public ledger solution. It has proven to be a fast and secure solution, an alternative to blockchain consensus mechanisms. What is Hedera Hashgraph (HBAR)? Hedera is based on the public distributed ledger principle. It was founded by Leemon Baird, Mance Harmon, and Zenobia Godschalk in 2018. It...