<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*Rafi3HuGt6nvhn0Hkf77qA.png" /></figure>In recent years, blockchain technology has fundamentally transformed the way we perceive and interact with digital applications. At the core of this revolution are Decentralized Applications (DApps). Unlike traditional applications, DApps operate on a decentralized network, offering a more secure, transparent, and censorship-resistant structure. But what exactly are DApps, how do they work, and why have they become so important?<h3>How Do DApps Work?</h3>To understand how DApps function, it’s crucial first to explore the concept of decentralization. Traditional applications rely on a centralized architecture managed by central servers or intermediaries. This centralized structure is vulnerable to data breaches, manipulation, and censorship. In contrast, DApps operate on a peer-to-peer (P2P) network without the need for a central authority. This decentralized setup ensures that data is distributed across multiple nodes, and even if one node fails or is attacked, the application continues to function seamlessly.DApps are powered by smart contracts running on blockchain platforms such as Ethereum. Smart contracts are immutable pieces of code that automatically execute when predefined conditions are met. These contracts enable secure transactions without the need for third parties. For example, in a DApp for borrowing, the smart contract automatically completes the transaction once the conditions are met.Moreover, DApps offer the advantages of transparency and security, making them more resilient to data manipulation. All transactions on a blockchain are recorded immutably and can be verified by all participants in the network, providing users with complete assurance over their activities.<h3>Key Features and Advantages of DApps</h3><ul><li>Decentralization: One of the most significant advantages of DApps is that they operate without the need for a central authority. This architecture ensures continuous uptime and resilience to certain types of attacks, as there is no single point of failure.</li><li>Transparency and Security: Since all transactions are recorded on the blockchain, users can review and verify each transaction. This dramatically reduces the risk of fraud and data manipulation.</li><li>Data Ownership: In DApps, users have full control over their data. Without centralized servers or third-party intermediaries, users can manage and share their data as they see fit.</li><li>Smart Contracts: In this model, intermediaries are eliminated, and transactions are secured through smart contracts, allowing for fast, secure, and automated processes.</li></ul><h3>Challenges and Limitations of DApps</h3>Despite their vast potential, DApps face certain challenges due to current technological limitations. One of the most pressing issues is scalability. Blockchain networks can slow down as the number of users and transaction volumes increase, leading to higher transaction fees. This can negatively impact the user experience.Another challenge is user experience. Compared to traditional applications, DApps can be more complex in terms of their interfaces and functionality. Users unfamiliar with blockchain technology may find it challenging to use these applications. Nevertheless, as the technology matures, these challenges are expected to diminish.<h3>Current Examples of DApp Usage</h3>Here are some of the most popular categories of DApps:<h3>Decentralized Finance (DeFi)</h3>DeFi applications have gained significant momentum in the blockchain space, offering financial services such as lending, borrowing, decentralized exchanges, stablecoins, yield farming, and automated asset management. DeFi DApps aim to provide open, permissionless, and transparent alternatives to traditional financial systems.<h3>Non-Fungible Token (NFT) Platforms</h3>NFTs have become increasingly popular, enabling the creation and trade of unique digital assets on blockchain networks. DApps in this space allow artists, creators, and collectors to tokenize and trade digital art, collectibles, virtual real estate, and more.<h3>Gaming and Virtual Worlds</h3>DApps facilitate the creation of decentralized gaming platforms and virtual worlds where players can securely own and trade in-game assets. These DApps often leverage blockchain technology to determine the verifiable scarcity and ownership of virtual items.<h3>Governance and Voting</h3>DApps enable decentralized governance and voting systems that allow communities to make collective decisions. These DApps provide transparent and auditable processes for voting on proposals, allocating resources, and implementing changes within a community or organization.<h3>Decentralized Storage and Computing</h3>DApps are also exploring decentralized storage and computing solutions. These DApps use distributed networks to securely store and process data, reducing reliance on central servers and potentially improving data protection.<h3>Identity and Authentication</h3>Some DApps focus on providing decentralized identity and authentication solutions. These DApps aim to give users more control over their personal data and allow them to manage and verify their identities securely without relying on centralized authorities.<h3>Popular DApp Examples</h3><ul><li>Uniswap: One of the largest decentralized exchanges (DEX), allowing users to trade cryptocurrencies without intermediaries.</li><li>OpenSea: The world’s most popular decentralized marketplace for buying and selling NFTs.</li><li>Compound: A DeFi application that allows users to lend their cryptocurrencies and earn interest on them.</li></ul><h3>Conclusion</h3>DApps hold the potential to revolutionize numerous industries, including finance, supply chain, and healthcare. As developers and entrepreneurs explore the advantages of decentralized structures, the DApp ecosystem will continue to expand. In particular, Decentralized Finance (DeFi) applications are rapidly evolving as alternatives to traditional banking systems.DApps are expected to become even more widespread in areas such as decentralized finance, gaming, digital identity management, and data sharing. Blockchain updates, such as Ethereum 2.0, will enhance DApp scalability, speed, and reliability. Solutions like sharding and Proof of Stake (PoS) consensus mechanisms are set to further improve the performance and energy efficiency of these applications.In conclusion, decentralized applications have the potential to play a critical role in the future of the digital world. The security, transparency, and user control offered by this technology are surpassing the solutions provided by traditional applications. DApps empower individuals and communities in unprecedented ways and are poised to see wider adoption and application in the years to come.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=d9bfbca53837" width="1" height="1" alt="">

Decentralized Applications (DApps): The Future of the Digital Ecosystem

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*TAwXZcZoXh4SAvJoqNYewg.png" /></figure>In this blog, we will look in-depth at DeFi, a decentralised financial system powered by blockchain technology. We will examine the fundamental features of DeFi networks, network fees, the coins used, key differences from centralised finance (CeFi), and the advantages and disadvantages from a technical perspective.How DeFi Works?DeFi (Decentralized Finance) is a financial system powered by blockchain technology that offers an alternative to the traditional financial system (CeFi). It enables users to transact directly with each other without relying on a central authority. To start with DeFi, you need to create a cryptocurrency wallet and purchase cryptocurrency. Then, you can connect to your chosen DeFi platform and perform various financial transactions.<ol><li>Smart Contracts: DeFi transactions are managed by smart contracts, which are automated programs that trigger specific actions when predefined conditions are met. This allows for reliable and transparent execution of money transfers, lending, borrowing, and other financial activities.</li><li>Blockchain: DeFi networks record transactions on a public ledger (blockchain), making all transactions transparent and traceable.</li><li>Cryptocurrencies: Various cryptocurrencies are used in DeFi networks to conduct transactions and transfer value. The most commonly used cryptocurrencies include Ethereum (ETH), stablecoins, and governance tokens.</li></ol>Coins Used in DeFi NetworksDeFi networks utilize various cryptocurrencies. The most commonly used coins are:<ul><li>Ethereum (ETH): The most popular token in the DeFi ecosystem. Many DeFi protocols operate on the Ethereum blockchain.</li><li>Stablecoins: Cryptocurrencies pegged to a stable asset like the US Dollar. They are widely used in DeFi lending and borrowing protocols.</li><li>Governance Tokens: Some DeFi protocols offer governance tokens that grant users the right to participate in the platform’s governance.</li></ul>Key Features of DeFi NetworksDecentralization:The most significant feature of DeFi is its ability to execute transactions securely and transparently without relying on a central authority. In traditional financial systems, central authorities such as intermediary institutions and banks play a role, whereas in DeFi, this role is undertaken by blockchain technology. This eliminates the risk of a single point of failure and gives users more control over their funds.Transparency:All transactions in DeFi networks are public and traceable on the blockchain. This ensures that all transactions are transparent and auditable, addressing the issue of privacy and accountability that exists in traditional financial systems.Accessibility:Anyone with an internet connection anywhere in the world can access DeFi networks. This provides inclusive financial services to those who have limited access to the traditional financial system. Without the need for a geographic location or a bank account, anyone can use DeFi platforms to perform financial transactions.Security:DeFi networks are protected by cryptographic encryption and robust blockchain technology. This offers a higher level of security compared to traditional financial systems. DeFi networks are more resistant to fraud and cyber-attacks, playing a crucial role in safeguarding users’ funds.Differences Between Centralized and Decentralized Finance<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*ANZlY6yBzh5iE6xzr08cBQ.png" /></figure>Advantages of DeFi:<ul><li>Decentralization: DeFi operates without any central authority. This allows users to have more control over their funds and financial transactions.</li><li>Transparency: All transactions are recorded on a public ledger, ensuring transparency and accountability in the financial system.</li><li>Accessibility: Anyone with an internet connection can access DeFi networks, providing inclusive financial services to those with limited access to the traditional financial system.</li><li>Security: DeFi networks offer a higher level of security through cryptographic encryption and robust blockchain technology.</li><li>Low Fees: Transaction fees in DeFi networks are generally lower compared to traditional financial institutions.</li><li>Rapid Innovation: DeFi’s decentralized nature allows for faster innovation compared to traditional financial systems.</li></ul>Disadvantages of DeFi:<ul><li>Complexity: DeFi networks and smart contracts can be complex and challenging for beginners to understand.</li><li>Security Risks: Like any new technology, DeFi networks have security risks. Errors or flaws in smart contracts can lead to loss of funds.</li><li>Volatility: Cryptocurrencies are highly volatile, making DeFi investments risky.</li><li>Regulations: DeFi is still an emerging field with uncertain legal regulations, creating uncertainty for investors.</li></ul><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=4e3df2c9f61d" width="1" height="1" alt="">

What is DeFi?

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*dIRgBsZJXrjCg9mqsCLR_g.png" /><figcaption>Tron Network</figcaption></figure>Established in 2017, the TRON network is a leading platform that offers decentralised applications (dApps) and high-performance blockchain solutions. Founded by Justin Sun, TRON aims to provide greater control and autonomy to content creators and users, and it has experienced significant growth and development in recent years.<h3>Key Features of the TRON Network</h3><ol><li>High Performance: The TRON network can handle over 2000 transactions per second. This means TRON is faster than many other blockchains known for their high transaction speeds and low fees.</li><li>Decentralisation: TRON operates on a decentralized structure. This means that the network is not controlled by any central authority, and users have full control over their assets.</li><li>DApp Support: The TRON network is an excellent platform for developing and running decentralized applications. TRON offers developers a comprehensive toolset to easily create dApps.</li></ol>Recent Updates on the TRON Network:<ul><li>Periander Upgrade: Released on July 11, 2024, this upgrade enhanced the Stake 2.0 mechanism, ensured compatibility with EIP-3855, optimized smart contract interface calls, and revamped the P2P network module.</li><li>Bias Upgrade: Scheduled for the first quarter of 2024, this significant update aims to simplify protocol development, enhance network stability, and optimize performance.</li></ul>Advantages of the TRON Network:<ul><li>Fast and Efficient Transactions: With the ability to handle over 2000 transactions per second, TRON is faster and more scalable than many other popular blockchains.</li><li>Low Transaction Fees: User-friendly transaction fees make TRON an attractive platform for both individuals and organizations.</li><li>Expanding dApp Ecosystem: TRON hosts a variety of dApps, including those for gaming, finance, and more. These dApps enable users to conduct financial transactions, play games, and much more in a decentralized manner.</li></ul>Popular Tokens Used on the TRON Network:<ul><li>TRON (TRX): The native token of the TRON network, used to pay transaction fees and interact with other tokens on the network.</li><li>USDT-TRON: The TRON-based version of Tether, a stablecoin pegged to the US Dollar.</li><li>BTT (BitTorrent Token): Used within the BitTorrent ecosystem for file sharing and content distribution.</li></ul><h3>TRC-20 Token Standard</h3>Like other smart contract platforms such as Ethereum and Binance Smart Chain, TRON supports multiple token standards, including TRC-10, TRC-20, and TRC-721 (non-fungible tokens).TRC-20 is a token standard on the TRON network. This standard is necessary for creating and managing tokens on the TRON blockchain. TRC-20 is similar to Ethereum’s ERC-20 standard but leverages the advantages of the TRON network. TRC-20 tokens enable secure and transparent transactions through smart contracts.<h3>Differences Between TRC-20 and ERC-20</h3><ol><li>Blockchain and Infrastructure: TRC-20 tokens operate on the TRON network, while ERC-20 tokens run on the Ethereum network. TRON offers faster transaction times and lower fees compared to Ethereum.</li><li>Transaction Speed: The TRON network can process over 2000 transactions per second, whereas the Ethereum network has a lower transaction speed. This allows TRON to offer faster transaction times.</li><li>Transaction Fees: The TRON network is known for its low transaction fees, reducing costs for users and developers. In contrast, Ethereum network fees can sometimes be high.</li></ol><h3>How to Determine if Your USDT is ERC-20 or TRC-20</h3>Your wallet can usually indicate whether your USDT is ERC-20 or TRC-20. If you use a wallet that supports USDT, you will typically see the name and symbol of your USDT. Additionally, you can check the token’s contract address in the wallet to verify the type. If the address starts with “0x,” it is an ERC-20 token. If the address starts with “T,” it is a TRC-20 token.<h3>Conclusion</h3>TRON holds significant potential for the future of decentralized internet. Continuously evolving and updating, the platform is poised to attract more users and dApps, accelerating the adoption of blockchain technology.TRON stands out as a robust and evolving blockchain platform, known for its fast and cheap transactions, expanding dApp ecosystem, and strong community. With its potential to play a crucial role in the adoption of a decentralized internet, TRON is expected to continue growing and offering innovative solutions in the coming years.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=b5da934d0bf5" width="1" height="1" alt="">

What is the TRON Network?

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*xEmH0dZxWYA4VtbInNs0og.png" /></figure>The world of cryptocurrencies has emerged in recent years as a new asset class that provides an alternative to traditional financial systems, both as a store of value and a method of payment. This transformation has highlighted the importance of the concept of tokenomics. Tokenomics refers to the economic aspects of a cryptocurrency or blockchain project, focusing particularly on the design and distribution of native digital tokens. The term is a combination of “token” and “economics” and is crucial for understanding how a token will gain value and sustain an economy.<h3>Key Elements of Tokenomics:</h3>Total Supply: The maximum number of tokens that can be produced. The project’s founders determine this number and it is usually fixed.Initial Supply: The amount of tokens issued during the initial public offering. These tokens can be used for project development and marketing or sold to investors.Circulating Supply: The total number of tokens currently available in the market. This number can fluctuate over time due to factors like token burning or the creation of new tokens.Distribution: The method by which tokens are allocated. Tokens can be distributed in various ways, such as:<ul><li>Pre-Sale: Tokens are sold to investors before the public offering.</li><li>Mining: Tokens are earned by creating new blocks in the blockchain network.</li><li>Airdrop: Tokens are distributed for free.</li><li>Governance: Tokens are earned in exchange for participating in project governance.</li></ul>Use Cases: The areas and functions for which tokens are used. Tokens can serve various purposes, such as:<ul><li>Transaction Fees: Tokens can be used to pay transaction fees on the blockchain network.</li><li>Governance Rights: Tokens can grant the right to participate in project governance and voting.</li><li>Incentives: Tokens can be used to incentivize users to engage in certain behaviours.</li></ul>Economic Model: The mechanisms related to how tokens will maintain and increase in value. These mechanisms can include:<ul><li>Burning: The destruction of a portion of the circulating tokens.</li><li>Staking: Locking tokens for a specified period in exchange for rewards.</li><li>Inflation Rate: The rate at which new tokens are produced.</li></ul><h3>Importance of Tokenomics:</h3><ul><li>For Investors: Understanding tokenomics before investing in a token is crucial for assessing the project’s potential and risks. Tokenomics helps determine how the token’s value may change over time and the likelihood of the project’s long-term success.</li><li>For Developers: Tokenomics is used to create a robust economic model that ensures the value and sustainability of the tokens. Well-designed tokenomics can attract investors, reward users, and ensure the long-term success of the project.</li><li>For Users: Tokenomics helps users understand how tokens will be used and what benefits they will provide. By understanding tokenomics, users can utilize their tokens more effectively and contribute more to the project.</li></ul><h3>Conclusion:</h3>Tokenomics is vital for the success of cryptocurrency projects. A well-designed tokenomics model is essential for attracting investors, incentivizing users, and ensuring the long-term sustainability of the project. Anyone looking to succeed in the world of cryptocurrencies must understand and evaluate the fundamental principles of tokenomics. Tokenomics shapes not only the value of a crypto asset but also the success of the project behind it.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=c5c7cab8efe2" width="1" height="1" alt="">

Understanding Tokenomics: The Economics Behind Cryptocurrencies

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*C1EMDWsWq5vJdk0jMrh4JA.png" /></figure><h3>What is Liquidity?</h3>Liquidity refers to the ability of an asset to be quickly and easily bought or sold in the market. In financial markets, liquidity is crucial for stability and confidence. A highly liquid asset is more attractive to investors because it can be readily exchanged for cash or other assets at any given time.<h3>What is Crypto Liquidity?</h3>Crypto liquidity refers to the ability of a cryptocurrency to be quickly and easily exchanged for fiat currency or other cryptocurrencies. Liquidity in crypto markets is influenced by various factors such as trading volume, market depth, and the number of active investors.<h3>Differences Between Liquidity in Traditional Currencies and Cryptocurrencies:</h3><ul><li>Decentralisation: Traditional currencies are controlled by central banks, while cryptocurrencies are decentralised and not governed by any authority. This decentralisation can impact crypto liquidity.</li><li>Volatility: Cryptocurrencies are more volatile compared to traditional currencies. This means higher price fluctuations, which can negatively affect liquidity.</li><li>Accessibility: Cryptocurrencies may be less accessible than traditional currencies, potentially limiting the number of investors and negatively impacting liquidity.</li></ul><h3>Factors Affecting Crypto Liquidity:</h3><ul><li>Trading Volume: The higher the trading volume of a cryptocurrency, the higher its liquidity.</li><li>Market Depth: Market depth shows the number of buyers and sellers at different price levels. A cryptocurrency with high market depth has high liquidity.</li><li>Number of Active Investors: The more active investors a cryptocurrency has, the higher its liquidity.</li><li>Volatility: Cryptocurrencies with high volatility tend to have lower liquidity.</li><li>Regulations: Regulations governing the crypto market can affect liquidity.</li><li>Technology: The development of crypto exchanges and infrastructure can positively impact liquidity.</li></ul><h3>Crypto Liquidity Data:</h3>According to CoinMarketCap data:<ul><li>Bitcoin (BTC) is the most liquid cryptocurrency in terms of 24-hour trading volume.</li><li>Ethereum (ETH) is the second most liquid cryptocurrency.</li><li>Tether (USDT) is the third most liquid cryptocurrency.</li></ul>Crypto liquidity is crucial for the development and adoption of cryptocurrency markets. Investors prefer to trade in a liquid market. Therefore, efforts should be made to increase crypto liquidity. Technological advancements, clear regulations, and increased investor interest will contribute to the rise in crypto liquidity.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=cc9e5b17e28d" width="1" height="1" alt="">

Liquidity in the Crypto World: A Detailed Analysis

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*lPAZms2FP6KwoyyozC9H1A.png" /></figure>May has consistently been a pivotal month for the crypto and blockchain industry, marked by significant events and developments that have shaped the landscape of this ever-evolving field. From groundbreaking transactions and technological advancements to regulatory milestones, each year in May has brought crucial moments for the crypto community.<h4>2010:</h4><ul><li>Bitcoin’s First Pizza Purchase: In May 2010, Laszlo Hanyecz purchased two Papa John’s pizzas for 10,000 Bitcoin, marking the first real-world transaction using Bitcoin. This event is considered a significant milestone demonstrating Bitcoin’s use and potential.</li></ul><h4>2011:</h4><ul><li>Bitcoin Surpasses $1: In May 2011, Bitcoin’s price exceeded the $1 mark for the first time, signifying increased interest and confidence in Bitcoin.</li></ul><h4>2013:</h4><ul><li>Silk Road Shutdown: In May 2013, the FBI shut down Silk Road, an online marketplace used for money laundering and drug trafficking. This event raised concerns about Bitcoin’s use in illegal activities and caused a downturn in the crypto markets.</li></ul><h4>2015:</h4><ul><li>Ethereum Mainnet Launch: In May 2015, the Ethereum mainnet was launched, enabling the development of smart contracts and decentralized applications. This development expanded the use cases of blockchain technology and paved the way for innovative applications in the crypto space.</li></ul><h4>2017:</h4><ul><li>Bitcoin Surpasses $2,000: In May 2017, Bitcoin’s price surged past the $2,000 mark, signalling the beginning of a bull run in the crypto markets.</li></ul><h4>2018:</h4><ul><li>Bitcoin Drops to $7,000: In May 2018, Bitcoin’s price fell to $7,000 following the significant rise in 2017, marking the start of a bear market in the crypto space.</li></ul><h4>2019:</h4><ul><li>Facebook Announces Libra: In May 2019, Facebook announced its cryptocurrency project, Libra. The project aimed to create a global payment system and reach Facebook’s over 2 billion users. However, regulatory pushback led to the project’s cancellation in 2020, stalling Facebook’s foray into cryptocurrency.</li></ul><h4>2020:</h4><ul><li>DeFi Sector Development: In May 2020, the decentralized finance (DeFi) sector began to gain traction. DeFi platforms offer financial services like lending, borrowing, and investing without the need for a central authority, challenging the traditional financial system.</li></ul><h4>2021:</h4><ul><li>Tesla Starts Accepting Bitcoin: In May 2021, Tesla, led by Elon Musk, started accepting Bitcoin as a payment method, marking a significant milestone for Bitcoin’s adoption by institutional investors.</li></ul><h4>2022:</h4><ul><li>TerraUSD (UST) Collapse: In May 2022, the TerraUSD stablecoin, pegged to the US dollar, collapsed, raising concerns about the security of stablecoins and triggering a crisis of confidence in the crypto markets.</li></ul><h4>2023:</h4><ul><li>Bitcoin Falls to $30,000: Factors such as Federal Reserve rate hikes and the TerraUSD collapse caused Bitcoin’s price to drop to $30,000 in May 2023.</li><li>First Bitcoin Spot ETF Launched: VanEck launched the Bitcoin Strategy ETF (XBTF), the first spot ETF for Bitcoin in the US, signaling growing institutional interest in Bitcoin.</li></ul><h4>2024:</h4><ul><li>Crypto Markets Surge: In May 2024, the crypto markets experienced a significant surge, with Bitcoin surpassing $70,000 and other cryptocurrencies like Ethereum and Solana also gaining value.</li><li>EU Adopts MiCA Regulation: The European Union adopted the Markets in Crypto-Assets (MiCA) regulation to govern and supervise crypto assets, marking a significant step for the development of crypto markets in Europe.</li><li>El Salvador Drops Bitcoin as Legal Tender: Despite adopting Bitcoin as legal tender in 2023, El Salvador decided to discontinue this practice in 2024, raising concerns about Bitcoin’s use as an official currency.</li><li>Continued Development of CBDCs: Many central banks continued to develop their digital currencies (CBDCs), and their impact on the crypto markets remains a topic of interest.</li><li>Ethereum ETF Approved: In May 2024, the US Securities and Exchange Commission (SEC) approved the first spot Ethereum ETF, making it easier for both institutional and individual investors to gain exposure to Ethereum, potentially increasing its adoption and market liquidity.</li></ul>Note: These updates are current as of May 2024.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=ae97487d109d" width="1" height="1" alt="">

Important Events and Developments in the Crypto and Blockchain Field in May Since 2010

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*R1h9baYQWv3T3hS8zc21HA.png" /></figure>Bitcoin Takes a Bite of the Real World: Two Pizzas for 10,000 BTCFor cryptocurrency enthusiasts, May 22nd isn’t just another day on the calendar. It’s Bitcoin Pizza Day, a celebration commemorating the first recorded real-world purchase using Bitcoin. On this fateful day in 2010, Laszlo Hanyecz, a programmer from Florida, became a legend by spending a whopping 10,000 Bitcoins on two large pizzas from Papa John’s. Back then, 10,000 BTC was worth only a few cents. Today, that same amount would fetch millions of dollars.A Humble Beginning, a Monumental ShiftThis seemingly ordinary pizza purchase marked a monumental shift in the world of finance. It proved that Bitcoin wasn’t just a speculative experiment; it had the potential to become a viable currency for everyday transactions. Bitcoin Pizza Day reminds us of Bitcoin’s humble beginnings and its journey to becoming a mainstream asset class.Beyond the Pizza: Celebrating PotentialBitcoin Pizza Day isn’t just about celebrating the past. It’s also a day to look towards the future potential of cryptocurrencies. The ever-increasing value of Bitcoin and the expanding use cases for various digital currencies highlight the transformative power of this technology.More Than Just Money: Crypto’s Place in Our LivesBitcoin Pizza Day isn’t just about financial gains. It’s about the potential impact of cryptocurrencies on our daily lives. As technology continues to evolve, we can expect to see even more innovative use cases emerge, potentially changing the way we interact with money and value.So, this May 22nd, as we celebrate Bitcoin Pizza Day, let’s not forget the delicious irony and the profound significance of that first real-world Bitcoin transaction. It was a bite of pizza that took a big bite out of the traditional financial system, paving the way for a future powered by digital currencies.Interestingly, as of today (May 21st, 2024), the price of Bitcoin has surpassed $70K. This is a testament to the ever-evolving crypto landscape and the potential this technology holds.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=b86d0a1fb657" width="1" height="1" alt="">

Bitcoin Pizza Day: A Slice of History and a Glimpse into the Future

<h3>Artificial Intelligence Tokens — The New Stars of the Digital World</h3><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*0lbfiv2m2b7C91Pdu8mUvQ.png" /></figure>The intersection of artificial intelligence (AI) and blockchain technologies has given rise to prominent digital assets like AI tokens. These tokens play a significant role in funding AI projects and purchasing services on AI-based platforms. Here are some fundamental insights and notable examples of AI tokens.<h4>What Are AI Tokens?</h4>AI tokens are cryptocurrency assets within the blockchain ecosystem that support AI-based projects, applications, and services. They serve three main roles: facilitating transactions, participating in protocol governance, and incentivizing users to contribute to the AI protocol. Additionally, tokens enable users to pay for services, access data, and engage in platform activities.<h4>How Do They Work?</h4>AI token projects are typically created on a blockchain platform using standards like Ethereum’s ERC-20 or BNB Smart Chain’s BEP-20. Smart contracts define how tokens are used and often grant token holders the right to participate in decision-making processes that shape the project’s development and direction.<h4>Prominent AI Token Projects</h4><ul><li><a href="http://Fetch.ai">Fetch.ai</a> (FET/USDT, FET/BTC): <a href="http://Fetch.ai">Fetch.ai</a> aims to create an autonomous AI agent network. The FET token is used to pay for services on the platform and participate in governance decisions. Visit <a href="https://www.nitroex.io/markets">NitroEx</a> to explore the FET/USDT and FET/BTC pairs.</li><li>SingularityNET (AGIX): SingularityNET enables the buying and selling of various AI services in a decentralized marketplace. The AGIX token is utilized for trading AI services and algorithms within the platform.</li><li>Render (RNDR): Render operates as a GPU marketplace where users provide computing power for 3D rendering projects and earn tokens in return.</li><li>More: <a href="https://coinmarketcap.com/view/ai-big-data/">https://coinmarketcap.com/view/ai-big-data/</a></li></ul>These projects leverage blockchain technology to democratize access to AI and expand its potential across various applications. AI tokens pave the way for innovative developments in the industry, offering significant opportunities for investors and technology enthusiasts alike. For more information and updates on AI tokens, following industry-specific resources can be beneficial.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=fb477ccc88e2" width="1" height="1" alt="">

Artificial Intelligence Tokens — The New Stars of the Digital World

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*76W_JdFmShwAf6k9juMEDQ.png" /></figure>The unfolding legal battle between XRP, its parent company Ripple, and the United States Securities and Exchange Commission (SEC) has become a central point of interest in the cryptocurrency world. It’s a case that holds potentially far-reaching implications for regulatory frameworks within the sector. This blog post embarks on a detailed exploration into the chronology of the lawsuit, its consequential impact on XRP’s market price, and the wider implications this case could have on the future of the cryptocurrency industry.<h4>The Outset of the Lawsuit</h4>In December 2020, the SEC initiated a lawsuit against Ripple and its top executives. The core argument was that XRP was sold as an unregistered security, which brought it under the jurisdiction of the SEC. This pivotal case has sparked a global conversation about the classification and regulation of cryptocurrencies, raising probing questions about how these digital assets should be handled by regulatory bodies.<h4>Developments Throughout the Lawsuit</h4>Throughout the duration of the legal proceedings, several crucial developments have occurred. Requests for information by the court and the strategic expansion of the case files by both the SEC and Ripple were instrumental in shaping the direction and narrative of the lawsuit. Notably, financial documents and sales reports submitted by Ripple played a key role in influencing the trajectory of the case and its public perception.<h4>Key Hearings and Decisions</h4>Fast forward to 2023, the court made several decisions that were favorable for Ripple. One such notable decision was Judge Analisa Torres’s summary judgment which stated that XRP should not be considered a security. This ruling led to a sharp increase in XRP’s price and stirred optimism among its investors. These decisions hinted at a potential favorable outcome for Ripple and set the tone for the ongoing legal discourse.<h4>Impact of the Lawsuit on XRP Price</h4>Each significant development or revelation in the lawsuit led to fluctuations in XRP’s market value. The announcement of the lawsuit initially caused a significant drop in XRP’s price. However, as the court made positive decisions, there were rapid price recoveries. The favorable rulings restored investor confidence in XRP, leading to a surge in its value.<h4>General Impacts and Reflections on the Crypto Sector</h4>The XRP lawsuit serves as a critical reference point for how future cryptocurrency regulations might be shaped. A potential victory for Ripple could significantly reduce existing legal uncertainties and establish a more solid regulatory framework. This could influence other crypto projects positively and could guide the evolution of the crypto space.<h4>Conclusion</h4>The legal battle between XRP and the SEC stands as a defining moment in the history of the crypto industry. It’s a case that has far-reaching implications, affecting investor sentiments, reshaping regulatory landscapes, and impacting the market credibility of cryptocurrencies. As the case unfolds, its outcome has the potential to shape future regulatory frameworks and the general perceptions surrounding cryptocurrencies.The ongoing developments in Ripple’s lawsuit offer a fascinating glimpse into the evolving nature of cryptocurrency regulation. A favorable resolution for Ripple could mitigate existing legal ambiguities, fostering a more stable and predictable environment for crypto projects and investors alike. Moreover, it could establish a precedent that guides regulatory actions not just in the United States but on a global scale.In essence, the Ripple-SEC saga transcends its immediate participants, influencing the trajectory of the entire crypto ecosystem. As stakeholders eagerly await the verdict, they do so with the understanding that the implications of this case extend far beyond XRP. This case represents a potential turning point, heralding a new era of clarity and legitimacy for the digital asset space.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=219e03a8c44f" width="1" height="1" alt="">

The Ripple Effect: XRP’s Legal Battle and Its Implications for the Crypto Industry

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*4Yp8v7AilrKV_15ky074MQ.png" /></figure>The cryptocurrency market is filled with exciting innovations and constant changes. Within this dynamic world, stablecoins have carved out a special place for themselves. Despite the inherent volatility of cryptocurrencies, stablecoins offer a haven by minimizing this variability. As part of the crypto economy, stablecoins significantly reduce the impact of market fluctuations by pegging their value to traditional assets — usually a national currency. This blog will explore what stablecoins are, their advantages, risks, and the role they play in the crypto market in detail.What is a Stablecoin?Stablecoins are one of the most significant innovations in the world of cryptocurrencies. Essentially, these digital assets peg their value to a more stable asset or basket of assets. This pegging can be to traditional currencies like the dollar, precious metals like gold, or even other cryptocurrencies. The idea is for the value of stablecoins to fluctuate in line with the value of these pegged assets, protecting against the extreme price volatility of the crypto market.Stablecoins are generally categorized into three main types:<ol><li>Fiat-Backed Stablecoins: These are backed 1:1 by traditional currencies held in a bank account. For example, behind each stablecoin unit is an actual dollar held in a supporting bank.</li><li>Crypto-Backed Stablecoins: These types of stablecoins are typically over-collateralized and backed by other cryptocurrencies through smart contracts on the blockchain, offering an extra layer of security against market fluctuations.</li><li>Algorithmic Stablecoins: These use complex algorithms to maintain their value stable by automatically adjusting supply based on market conditions. They are not directly backed by any physical or digital assets but instead, adjust their value according to supply and demand dynamics.</li></ol>Stablecoins combine the transparency and security of blockchain technology with the stability of traditional finance. These features make stablecoins attractive for both daily transactions and long-term investments.Advantages of StablecoinsStablecoins hold a unique position in the crypto ecosystem, offering several key advantages to users. These benefits are the primary reasons for their increasing popularity in the crypto world and beyond.Price Stability and Low VolatilityThe most apparent advantage of stablecoins is their price stability, as their name suggests. The crypto market is known for its high volatility; however, stablecoins minimize this variability, allowing users to hold digital assets without the risk of losing value.Ease in Global Trade and TransfersStablecoins offers fast and low-cost international money transfers. Unlike traditional banking systems, transfers with stablecoins usually complete within minutes and require much lower transaction fees, especially beneficial for cross-border transactions and remittances.Access to Blockchain TechnologyUsers of stablecoins can benefit from all the advantages of blockchain technology, including transparency, security, and immutability. Integration with smart contracts and other blockchain applications makes stablecoins appealing for those looking to interact with modern financial technologies.Financial InclusionIndividuals without bank accounts or access to traditional financial services can participate in the digital economy through stablecoins, potentially increasing global financial inclusion.Integration with Digital Assets and TokenizationStablecoins can easily integrate with other digital assets and tokenization projects, facilitating the digitization and trade of real-world assets like real estate.These advantages make stablecoins increasingly important tools in the crypto market and digital finance at large. However, stablecoins also face certain risks and criticisms, which we will address in the next section.Risks and Criticisms of StablecoinsWhile stablecoins offer many advantages, these innovative financial instruments also face various risks and criticisms that could impact their use and adoption.Reserve Management and Transparency IssuesReserve Management: Fiat-backed stablecoins require real currency to be held in reserve for each coin issued. However, the adequacy and management of these reserves can sometimes lack transparency, affecting user trust. • Transparency: Stablecoin providers need to prove that their reserves are regularly audited and reported. Not all stablecoin projects provide this level of transparency, leading to potential manipulation and trust issues.Regulatory UncertaintiesThe classification and regulation of stablecoins by regulators worldwide remain uncertain. Some countries strictly regulate the use of stablecoins, while others are more tolerant, creating risks for projects and users and complicating widespread adoption.Market Manipulation and Stability RisksAlgorithmic stablecoins aim to maintain their value stable by automatically adjusting supply based on market conditions. However, these systems can be vulnerable to unexpected market events, leading to significant price fluctuations, as demonstrated by incidents like the collapse of TerraUSD (UST) in 2022.Legal and Financial ChallengesStablecoin projects may face legal and financial challenges in managing user funds, including misuse of funds or insufficient reserves, leading to severe legal consequences.Addressing these risks and criticisms is essential for the healthy development of the stablecoin sector. The evolution of regulatory frameworks and technological advancements will play a crucial role in overcoming these challenges.Notable Stablecoin ExamplesUSD Coin (USDC)• Features: Backed by the US Dollar, focused on transparency and security. • Uses: Commerce, payments, and savings.Tether (USDT)• Features: One of the most widely used stablecoins with broad acceptance. • Uses: Trade and international transfers.Dai (DAI)<ul><li>Features: Ethereum-based, crypto-backed. Offers automatic price stabilization. Uses: Smart contracts and DeFi projects.</li></ul>The Future and Expectations of StablecoinsStablecoins continue to grow in the crypto world. The development of regulatory frameworks and technological innovations could offer more security and ease of use. Their integration into financial systems is expected to increase, serving as a crucial bridge between crypto and traditional finance.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=089c2e885a37" width="1" height="1" alt="">

What are Stablecoins and How Do They Work?

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*5s_LrlmmFyQtjxOR3Ltg1g.png" /></figure>Unveiling the Transformative Potential of CryptocurrencyIn this comprehensive analysis, we present an evaluation supported by concrete data that describes the impact of cryptocurrency on various sectors of the global economy. We demonstrate the transformative power of cryptocurrency, backed by both theoretical insights and practical evidence, as it offers a secure and decentralized alternative to traditional financial systems. From reshaping the business landscape to influencing technology and social transactions, cryptocurrency has proven its disruptive potential across multiple domains.The Rise and Potential of CryptocurrencyCryptocurrency emerged in the aftermath of the 2008 financial crisis, presenting a secure and decentralized alternative to traditional financial systems. By 2021, the global cryptocurrency market had surpassed a market value of $2 trillion, indicating its potential to have a lasting impact on business, technology, and social transactions.Economic Impact: Expanding Market and Financial InclusionFinancial Inclusion and Broad Access According to the World Bank, approximately 1.7 billion adults worldwide lack access to a bank account. Cryptocurrency’s decentralized financial services have opened new avenues for these “unbanked” individuals. For instance, in Africa, millions of people without bank accounts are now able to conduct financial transactions through cryptocurrency-based payment platforms. Additionally, the limited supply of cryptocurrencies like Bitcoin provides a strong hedge against inflation, as evidenced by its significant value appreciation over time.Transforming Industries: Innovation and DeFiInnovation in the Nightlife and Entertainment Sectors In places like Ibiza, nightclubs and entertainment venues have utilized Non-Fungible Tokens (NFTs) to generate revenue, granting access to exclusive events. This illustrates how cryptocurrency and blockchain technology can revolutionize customer experiences.Decentralized Finance (DeFi) and DAOs DeFi projects have reached a total locked value of over $80 billion in 2021, enabling individuals and businesses to engage in lending, borrowing, and other financial activities without relying on traditional financial intermediaries.Challenges and Criticisms: Environmental Concerns and Energy ConsumptionThe environmental impact of cryptocurrency, particularly the high energy consumption associated with Bitcoin mining, remains a significant topic of debate. Nevertheless, investments in renewable energy sources and the development of more energy-efficient blockchain protocols offer potential solutions to mitigate these concerns.The Revolutionary Potential of CryptocurrencyThe continuous evolution of cryptocurrency and blockchain technology presents new opportunities and challenges. Embracing this revolution could pave the way for economic growth and social progress, fostering a more equitable and decentralized global economy. The transformative power of cryptocurrency holds promise for shaping the future of finance and commerce.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=0fe3ec17c4a3" width="1" height="1" alt="">

The Transformative Power of Cryptocurrency: A Detailed Analysis with Numbers

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*xaSG5M26GFR6dl7KTXSG0g.png" /></figure>The world of cryptocurrency is a constantly evolving and self-renewing dynamic ecosystem. Technological advancements within this ecosystem directly impact user experience with significant changes. Foremost among these changes is the “fork.” A fork fundamentally refers to a split in a cryptocurrency’s blockchain. This division can sometimes be limited to minor updates, while at other times, it can lead to the birth of a new cryptocurrency. The reason forks hold such an important place in the crypto world is due to their potential to create significant technological and financial impacts. “In this article, you will discover how the concept of a fork has transformed the crypto world, its technical processes, its impacts on the market, and examples of significant historical forks.”Definition and Types of ForksIn the crypto world, the term “fork” denotes a situation where a blockchain splits to follow two different paths. This split typically occurs as a result of an update or change and falls into two main categories: Soft Fork and Hard Fork. A soft fork tightens the existing blockchain’s rules but remains compatible with the old rules. In contrast, a hard fork introduces radical changes that are incompatible with the old rules, leading to the permanent bifurcation of the blockchain into two separate chains.How Does a Fork Work?Understanding how a fork works requires knowing how cryptocurrencies are created and processed. In the case of a soft fork, updated rules are compatible with old ones, allowing nodes that do not adopt the new rules to still accept new blocks as valid. However, in a hard fork, the network splits into two, with nodes that accept the new rules separating from those that continue to operate under the old rules, essentially creating two distinct cryptocurrencies.Effects of a ForkForks can have various impacts on the crypto markets. They can lead to short-term price fluctuations, technological advancements, and an expansion of the user base, thereby facilitating the emergence of new and stronger cryptocurrencies. For users and miners, forks imply significant changes in the management of their assets and earnings.Famous Examples of Forks• Bitcoin and Bitcoin Cash: A hard fork aimed at increasing Bitcoin’s block size led to the creation of Bitcoin Cash.• Ethereum and Ethereum Classic: A hard fork in response to the collapse of the DAO resulted in the bifurcation of the Ethereum network and the creation of Ethereum Classic.• Bitcoin SegWit: SegWit is an example of a soft fork that aims to improve Bitcoin’s scalability.ConclusionForks play a central role in the development and adaptation of the crypto ecosystem. These mechanisms contribute to the renewal and strengthening of blockchain-based technologies. For users and investors, being prepared for the potential impacts of fork events is crucial. Understanding the dynamics and outcomes of fork processes is valuable for any cryptocurrency owner.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=9f48f06849d0" width="1" height="1" alt="">

Pivotal Shifts in the Crypto Universe: The Impact of Forks on Technology and the Market

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*caOhImnNagdonuHPlQE91Q.png" /></figure>ATH (All-Time High) and ATL (All-Time Low) Values in the Crypto WorldIn the world of cryptocurrency, investors often come across the term “ATH.” But what exactly is ATH (All-Time High) and why is it important? In this article, we’ll explain the concept of ATH and also introduce “ATL” (All-Time Low) values, emphasizing their significance.What is ATH?ATH (All-Time High) refers to the highest price point an asset has reached throughout its entire history. For a cryptocurrency, its ATH value represents the highest price level it has attained over time. ATH serves as a crucial reference point for investors, aiding them in evaluating the asset’s past performance.What is ATL?ATL (All-Time Low) signifies the lowest price point an asset has reached throughout its entire history. For a cryptocurrency, its ATL value indicates the lowest price level it has reached over time. ATL helps investors understand the asset’s lowest price level and assess its potential for value appreciation.ATH and ATL Values of the Top 7 Cryptocurrencies by Market Cap<ul><li>Bitcoin (BTC): ATH — $69,427.72 in Mar 08, 2024</li><li>Ethereum (ETH): ATH — $4,877.03 in Nov 10, 2021</li><li>Binance Coin (BNB): ATH -$686,31 in May 10, 2021</li><li>Cardano (ADA): ATH — $3.09 in Sep 02, 2021</li><li>Tether (USDT): ATH — $1.32 in Jul 24, 2018</li><li>Ripple (XRP): ATH — $3.40 in Jan 07, 2018</li><li>Solana (SOL): ATH — $259,96 in Nov 06, 2021</li></ul>ConclusionATH is a significant concept in the cryptocurrency market, providing investors with insights into price trends and performance history. Currently, amidst significant events such as Bitcoin ETF and halving, the price of Bitcoin is rapidly changing. While preparing this article, Bitcoin achieved a new ATH, reaching levels around $70,000. This demonstrates the continuous dynamism of the crypto market and the need for investors to closely monitor developments.Note: ATH and ATL values of the top 7 cryptocurrencies by market cap were obtained from the Coingecko on March 9, 2024.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=3b6b6df53fcc" width="1" height="1" alt="">

ATH and ATL Values in the Crypto World

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*GCJRwUHcvxTRsnrJqo3XZQ.png" /></figure>The Bitcoin (BTC) community is familiar with a recurring event in its economic dynamics due to its supply-limited nature: halving. The next Bitcoin halving is set to occur when the block count reaches 840,000 in April 2024. However, ahead of this significant period, the current Bitcoin price has already surpassed $56,000, creating an exciting atmosphere in the cryptocurrency world.What is Halving?Bitcoin halving is an event that takes place roughly every 210,000 blocks, following a cycle dictated by Bitcoin’s own protocol. This cycle involves halving the reward given to Bitcoin miners. In the upcoming halving in April 2024, the reward per block will reduce from 6.25 to 3.125 BTC.April 2024 Halving: Expectations and EffectsReduction in Reward Per Block: Halving results in the reduction of the reward given to Bitcoin miners by half, causing a significant decrease in the production rate of new Bitcoins.Investor Trends: As seen in past halving events, these occurrences typically lead to an increase in the price of Bitcoin. The rising demand coupled with decreasing supply can support price appreciation.Decrease in Mining Speed: Halving cuts mining speed in half since it means less reward for miners. This situation may prompt miners to review their strategies and operations.Bitcoin Price Surpasses $56,000As of the writing of this article, the price of Bitcoin has exceeded $56,000, exciting investors. This surge further strengthens speculations about the potential increase in Bitcoin’s value in the period leading up to the April 2024 halving.Lessons from Previous Halvings2012 Halving: Resulted in a significant increase in Bitcoin’s price.2016 Halving: Bitcoin gained popularity, reaching its all-time high.2020 Halving: Witnessed value appreciation and increased interest.<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*g9FSLNbgFaCqG74rHXA5UA.png" /></figure>ConclusionThe fourth Bitcoin halving scheduled for April 2024 is a significant event that has the potential to impact the cryptocurrency market and the future performance of Bitcoin. Miners, investors, and the cryptocurrency community should be prepared for changes during this period. Halving presents an opportunity to understand the dynamics of the cryptocurrency world and adapt to these changes.By closely monitoring Bitcoin’s performance during this period, you can update your cryptocurrency strategies and potentially gain an advantage in this crucial cycle.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=683f5c794f5f" width="1" height="1" alt="">

Bitcoin Halving: A New Cycle in April 2024

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*KSkveJBgX4mv1A01rvneJA.png" /></figure>The world of cryptocurrency has rapidly grown and evolved in recent years. However, this rapid growth and popularity have brought along various security risks, one of which is the %51 attacks. At NitroEx, we aim to delve into one of the significant security threats in the cryptocurrency world, the %51 attacks, and discuss their related topics in this article.What is a %51 Attack?A %51 attack is a serious attack that threatens a cryptocurrency network&#39;s security. This attack occurs when an attacker gains control of more than half of the mining power in the network, thereby manipulating the consensus mechanism of the network. With this control, the attacker can engage in various malicious activities, such as double-spending or blocking transactions.Related Topics of %51 Attacks%51 attacks are widely discussed in the cryptocurrency world and are associated with various topics. One of these is mining centralization. The control of a significant portion of mining power in a cryptocurrency network by a few individuals or organizations can threaten the network’s security. Additionally, the diversity and resilience of consensus algorithms also play a crucial role in preventing %51 attacks.An Example of a %51 Attack Case: Ethereum ClassicFor instance, in 2019, the Ethereum Classic network experienced a %51 attack. The attackers had a majority of the mining power, posing a threat to the network’s security and engaging in various malicious activities. This attack deeply affected the Ethereum Classic community and developers, raising serious concerns about the network’s security.Operation and Consequences of %51 AttacksQuestion: How does a %51 attack work?Answer: A %51 attack occurs when more than half of the mining power in a cryptocurrency network is controlled by an attacker. The attackers manipulate the consensus mechanism by controlling this majority, enabling them to engage in various malicious actions such as double-spending or blocking transactions.Question: What are the consequences of a %51 attack?Answer: A %51 attack can seriously jeopardize the security of the network. Attackers can undermine the network’s reliability by engaging in double-spending with the controlled mining power. Additionally, they can undermine the network’s reliability by conducting fraudulent transactions, leading to a loss of trust in the community. These attacks can devalue the cryptocurrency and cause significant concerns within the community.The Cost of %51 AttacksQuestion: While a %51 attack may be possible, why might it be incredibly costly to carry out?Answer: Executing a %51 attack requires a significant amount of mining power, which often entails high costs in terms of electricity and hardware. Furthermore, renting or purchasing the mining power required for the attack can also be expensive. Moreover, the resources required to carry out the attack include potential income losses for the attacker. Therefore, in most cases, executing a %51 attack may incur costs that exceed potential gains, making it economically unfeasible for the attacker.ConclusionThese types of attacks highlight the importance of security measures in the cryptocurrency world. At NitroEx, we believe various measures must be taken to prevent such attacks. These include developing consensus algorithms, preventing mining centralization, and community efforts focused on network security. The cryptocurrency world is an ever-evolving ecosystem. Thus, constant efforts are needed to address threats like %51 attacks through innovative solutions.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=308e226a5591" width="1" height="1" alt="">

Understanding the %51 Attack and Its Implications

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*77nx6b5OpPJL2mYhMRp9vw.png" /></figure>🚀 NitroEx February Events Are Starting! 🚀Dear NitroEx Users,A new month has arrived, bringing new opportunities! NitroEx is ready to elevate your excitement with the events we have prepared for February. Here are the events we’ve prepared for you:🌟 Referral Campaign:<ul><li>Throughout February, the top 20 users who bring the most friends through the referral system will receive a reward of 10 million NTX.</li><li>Rewards will be given when newly registered friends complete the verification process.</li></ul>📈 Volume-Based Rewards:<ul><li>The top 20 users with the highest transaction volume will receive a reward of 10 million NTX. (Detailed date information will be shared. Stay tuned for announcements.)</li><li>The top 20 users with the highest NTX/USDT volume will receive a reward of 10 million NTX. (Detailed date information will be shared. Stay tuned for announcements.)</li></ul>🎉 Exclusive for New Users:<ul><li>New users who download the app, register, and complete the KYC process in February will receive a reward of 20,000 NTX.</li><li>Use this referral link: <a href="https://www.nitroex.io/exchange/sessions/register/BEVZov1078">https://www.nitroex.io/exchange/sessions/register/BEVZov1078</a></li></ul>🎁 Social Media Activity:<ul><li>Throughout February, participate in the Retweet and Like activity for a chance to win 5 million NTX in a draw.</li><li>To follow and join the activity, please like and retweet<a href="https://twitter.com/NitroExOfficial/status/1750050493680812095"> https://twitter.com/NitroExOfficial/status/1750050493680812095</a></li></ul>📅 Check your calendar, join the events, and take advantage of NitroEx benefits! Remember, a month full of opportunities awaits you.Follow us and start winning!<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=88b800c3b3ae" width="1" height="1" alt="">

 NitroEx February Events Are Starting! 

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*GrDcRFRwBdPEvGPFBLYSHQ.png" /></figure>We are thrilled to announce a significant milestone: NitroEx has undergone a transformative update, starting from the logo design to the mobile application. These updates have been implemented to provide our users with a more sophisticated and enhanced experience.Renewed Logo and Elegant Presence:The NitroEx logo represents the strength and dynamism of our brand. The refreshed color palette and professionally designed logo give our brand a modern and powerful identity, offering users a more captivating visual experience.Mobile App: User-Friendly with Rich Content!With the updates to our mobile application, executing transactions is now more user-friendly and efficient. With a user-friendly interface, users can easily access NitroEx products and perform various transactions.NitroBot Integration: One App, Quick Access!To access the new features of NitroBot, there’s no need to download a separate application! Through a few simple steps within the NitroEx Application, users can swiftly access and utilize NitroBot’s features.User Modes: Both Simple and Professional!New user modes come with numerous innovations. Transitioning between modes designed for both novice and professional investors has become more seamless. Both modes are free and designed with a user-friendly interface.Enhanced Filtering and Tracking Features!The latest version introduces new features allowing users to track and filter transactions more comprehensively. Users can review past orders and easily manage notification settings for their transactions.Wallet Improvements: Faster and More Functional!Improvements to the wallet page result in faster and more organized transactions. Users can view registered addresses, add new addresses, and analyze wallet statistics all in one place.Statistics Page: Graphical Insights into Your Transactions!The newly added statistics page offers a summary and graphical representation of users’ transactions, enabling them to monitor the overall performance of their transactions.Are you ready to explore the revitalized NitroEx experience? Don’t forget to share your feedback with us! As part of the NitroEx family, we appreciate your support.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=cf8db8ea94df" width="1" height="1" alt="">

Mobile App Update

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*YcNHIniAFKQh5GM6S1tKaQ.png" /></figure>Hello NitroEx Community!We are thrilled to announce a significant milestone: Our brand has undergone a transformative redesign with a brand new logo that surpasses expectations! The new logo reflects NitroEx’s powerful and dynamic character, further strengthening our presence in the crypto world.Adorned with modern lines, vibrant colors, and innovative details, our new logo emphasizes our forward-looking stance. With this change, we aim to provide you with a more user-friendly and contemporary experience, propelling NitroEx into the future.In this wind of change, are you ready to embark on a journey towards greater achievements and unforgettable moments together? Let’s continue shaping the future side by side!Are you ready to shape the future with the new NitroEx logo? 🚀💙<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=d404dd20b769" width="1" height="1" alt="">

A Breath of Fresh Air: NitroEx Unveils a Brand New Look!

Bitcoin’s 15th Anniversary: The Journey of a Digital Revolution<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*mXX4CCKYfpaEyqjBhpdw3Q.png" /></figure>15 years ago, on January 3rd, Bitcoin’s first block was mined, marking the beginning of the digital age. Over these 15 years, Bitcoin has experienced fluctuations amidst speculative bubbles and challenges, often perceived by many as outdated or abandoned over time.However, despite competition from new altcoins and pessimistic predictions, Bitcoin still holds approximately 40% of the crypto market share according to CoinMarketCap.The economic challenges of transitioning from a speculative asset to widespread daily use are in focus today. Steps in this direction are anticipated with the launch of an ETF in the United States in 2024.<blockquote>Satoshi published the Bitcoin formation (block 0) on January 3, 2009, with the message “The Times 03/Jan/2009 Chancellor on the brink of second bailout for banks.”</blockquote>Today, we celebrate the 15th anniversary of this event. The “genesis” block, with a 50 Bitcoin (BTC) block subsidy and the reference to the economic turbulence on Bitcoin’s launch day, is a significant part of this celebration.Months ago, Satoshi Nakamoto outlined a digital currency system that doesn’t rely on a trusted central administrator. The 15th anniversary of the Bitcoin Whitepaper was celebrated last October.This anniversary aligns with an auspicious time in Bitcoin’s history. The price is hovering above $43,000; a far cry from the days when Bitcoin wasn’t traded against the dollar. Bitcoin has become more deeply integrated into the global financial system.While the U.S. Securities and Exchange Commission seems poised to potentially approve a Bitcoin ETF, today’s price movements reflect ongoing concerns about these prospects. Celebrating 15 years of achievements and challenges in this incredible journey!<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=a7c3b0e411c1" width="1" height="1" alt="">

Bitcoin’s 15th Anniversary: The Journey of a Digital Revolution

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*lLyaCXNVk_Iz8n3QK_9nNA.png" /></figure>We have fantastic news to share with you! At NitroEx, we’re constantly working to provide you with an enhanced crypto experience. Here are some key features that we believe will make your journey even more rewarding:Best Mobile App: Take advantage of our free mobile app and membership benefits to create a more comprehensive crypto portfolio. Explore the details <a href="https://www.nitroex.io/exchange/trade/advanced/BTC-USDT">here</a>.Customize Your Trades with Advanced Order Types: Utilize the advanced order types on the NitroEx App to tailor your trades according to your needs. Choose order types that suit your requirements, customize your trading strategies, and manage your portfolio more effectively.Diverse Range of Coins and Tokens: Trade with confidence using our platform’s diverse array of coins and tokens. Diversify your portfolio effortlessly by clicking <a href="https://www.nitroex.io/exchange/trade/advanced/BTC-USDT">here</a>.Fast and Secure Transfers with Different Network Structures: Experience fast and secure transfers with various network structures, ensuring your transactions are smooth and reliable.24/7 Customer Support: Our dedicated customer support team is available 24/7 to address any queries or concerns you may have.NitroBot Algorithmic Trade Bot: Elevate your crypto trading experience with our NitroBot Algorithmic Trade Bot, empowering you to execute advanced trading strategies for optimal portfolio performance.Wealth (LOT) System: Become a part of the Wealth System and enjoy a fair share of profit distribution. Enhance your gains and be a key player in the thriving crypto community.Pay The Commission With NTX: Enjoy flexibility by paying commission fees with NTX Tokens on the #NitroEx Exchange website and mobile app.Exciting New Features Coming Soon to NitroEx: Brace yourself for an even more satisfying experience! We’re actively working on adding new features to NitroEx that will delight our users. Stay tuned for updates.Feel free to explore these features and welcome aboard if you’re a new user! 💛 If you have any questions or need help, our team is available 24/7 to help.✌🏻 Happy trading!<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=ce235f335627" width="1" height="1" alt="">

Exciting Updates Await You at NitroEx!

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*4XB0Z3BpeC6DZHFpecQN2g.png" /></figure><h4>Cryptocurrencies and ETFs: A New Era in Investment</h4>The investment world is experiencing constant innovations and shifts, with a notable transition from traditional financial markets to cryptocurrencies. In this transformation, Exchange-Traded Funds (ETFs) take center stage. Particularly popular in the crypto space, ETFs offer investors a new investment strategy.<h4>What is an ETF (Exchange-Traded Fund)?</h4>ETFs are investment funds typically created based on assets like an index, commodity, bond, or stock, traded on the stock exchange. Similar to stocks, they can be bought and sold on the market. They bring advantages such as diversification, liquidity, low cost, transparency, and flexibility. Each ETF follows a specific strategy or index, allowing investors to focus on a particular sector or asset class.<h4>What Does Adding Cryptocurrencies to ETFs Mean?</h4>Adding cryptocurrencies to ETFs means creating a fund that provides an opportunity to invest in digital currencies and is traded on the stock exchange. This allows investors to indirectly invest in and diversify their portfolios with cryptocurrencies. Crypto-based ETFs are funds created from one or more digital currencies, tracking their price movements. Enhancing regulatory compliance and liquidity, these ETFs aim to facilitate broader access to cryptocurrencies.Pros and Cons of Adding Cryptocurrencies to ETFsPros of Adding Cryptocurrencies to ETFs<ul><li>Easier Access: ETFs make investing in cryptocurrencies more accessible.</li><li>Institutional Participation: Institutional investors can engage with cryptocurrencies with increased confidence.</li><li>Market Liquidity: ETFs can enhance the liquidity of cryptocurrencies.</li><li>Price Stability: More stable prices can instill confidence in investors.</li><li>Increased Regulation and Oversight: Being subject to financial regulations can enhance their credibility.</li></ul>Cons of Adding Cryptocurrencies to ETFs<ul><li>Price Discrepancies: High volatility can lead to price discrepancies.</li><li>Security Issues: Security concerns with cryptocurrency and exchanges are significant.</li><li>Regulatory Uncertainty: Lack of regulation can create uncertainty.</li></ul><h4>Bitcoin ETF and Record-Breaking Performances</h4>A Bitcoin ETF operates by tracking the performance of Bitcoin as a fund. This allows investors an indirect means of investing in Bitcoin’s price movements. Particularly instrumental in paving the way for record-breaking Bitcoin prices, these ETFs might contribute to the wider adoption of cryptocurrencies.The addition of cryptocurrencies to ETFs signifies the opening of a new chapter in financial markets. However, as with any investment, careful analysis and risk management are crucial when evaluating these ETFs. Investors should tailor their strategies to align with their risk tolerance and investment objectives.<figure><img alt="" src="https://cdn-images-1.medium.com/max/1002/1*5DVBbjOmBZ1djWby8gAlEg.png" /></figure><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=ff823447abd3" width="1" height="1" alt="">

What Does Adding Cryptocurrencies to ETFs Mean?

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*RfFrhLgrnYE4k4A2OuZvDw.png" /><figcaption>NitroEx 3.0 is Launched!</figcaption></figure>As NitroEx enters its 3rd year, it presents its new user interface and improved tools to its users. Many expected features in NitroEx 3.0 version are on the air. NitroEx also took into account the feedback from users in this update.We’ve redesigned the whole UI including the mobile app and made it more comfortable and user-friendly for all NitroEx Investors.Some Highlights<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*5sQ7-RbaF5u6SbT8hvOvEw.png" /></figure><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*V66KZtml_l29g29hHtM1Fw.png" /><figcaption>NitroEx 3.0 Features</figcaption></figure><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*NyWxH32nJVA7oDZS2prrhQ.png" /></figure><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*fFC0ALTNomYJzyXoOuzx3g.png" /><figcaption>NitroEx 3.0 Features</figcaption></figure>The NitroEx website interface has been redesigned. Our designers, engineers, and all our team have developed a new interface that is easier and faster while keeping the simplicity and user habits in this design. You can visit the NTX page in the new interface of the website. You can see and follow detailed information about NTX Token on the NTX page.One of the most notable developments was the addition of language options. In the project, which has users from more than 100 countries, 3 new language options have been added in addition to 5 language options (English, German, Russian, Korean and Spanish). Now NitroEx is live with Turkish, French, and Italian language options. You can experience the NitroEx on your comfort language option.Finally, one of the most recent enhancements is the addition of the BSC network. BSC Binance Smart Chain Network integrated. In this way, it is aimed to provide cheaper and easier transfer opportunities.Don’t forget to update your NitroEx Mobile App.Discover this experience now.💛 <a href="https://www.nitroex.io/">https://www.nitroex.io/</a> 💛<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=74786ff2d42" width="1" height="1" alt="">

NitroEx 3.0 is Launched

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*Xu7MVuESZ8jKq8FCm1pVHw.png" /><figcaption>For All The People Of The Future</figcaption></figure>The NitroEx Exchange is leaving behind another very productive year. In this period which our efforts are rewarded, We welcome the new year with enthusiasm and joy, together with our esteemed users. At the end of 2 full years of success, we managed to broadcast the name of NitroEx more in the cryptocurrency world. Projects of NitroEx Technologies, NTX Token, Wealth System, NitroEx Exchange Platform, and NitroBot Platforms, drew very successful patterns and brought new participants among us.Updates and improvements made in NitroEx and NitroBot mobile applications have provided the opportunity to perform transactions much faster and easier. A new one will be added to these updates soon and this update will have a great impact. Stay tuned.Let’s briefly check what we have done in the last 1 year?<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*axkOkKgfnb_6ZTTfRltkHw.png" /></figure><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*Fc678BfRmpDUzTARPL4jVg.png" /></figure><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*2Za2owZnr35gNwEFq1WPsQ.png" /></figure><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*ZMbSWl6OJnIx5Cw4Kq-zqw.png" /></figure><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*_J2OnJD6XespEVUBEMHJ2Q.png" /></figure>NitroEx, which has entered its 3rd year, has taken very fast steps and its projects have been loved by its investors. You can continue to benefit from the NitroEx Reference System and invite your friends. NitroEx, which offers many great features to its users, will continue to offer better trading opportunities with new developments day after day.Thanks for your support so far and we will be the best together with your support.<a href="https://www.nitroex.io/">NitroEx</a><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=fa9688cef9a" width="1" height="1" alt="">

NitroEx Celebrates 2nd Anniversary

DAO (Decentralized Autonomous Organization) has breathed new life into the crypto world. DAO, which follows the same path as cryptocurrencies as is frequently mentioned like Metaverse. You can find out how the DAOs, which are increasing in popularity day by day, emerged and also the working logic in our blog.<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*gsH5cJniCPOTHYtIpSA1gQ.jpeg" /><figcaption>What is DAO and How Does It Work?</figcaption></figure><h3>What is DAO?</h3>DAOs, called “Decentralized Autonomous Organization” are an organization or organization that is governed by voting by their mass community, without being tied to any center. The system is built on computer codes and is still maintained through codes. While its decentralization increases the interest, it has reached a high number of users in a short time.<h3>How DAO Works</h3>The DAO was first announced in April 2016 and started collecting users immediately. Using the Ethereum network, the DAO gets all its usage and power from smart contracts. The purpose of the DAO is to use the decentralized structure through smart contracts and to ensure that the decisions are taken by the crowdsourced structure. The funds required to maintain this structure are made with the tokens in the system.Users from all over the world invested in the DAO systems and were included in the system and received tokens in return. These tokens represent a say in the future of the system. The future of the projects that will be included in the DAO system is determined by voting.After the hard fork of the Ethereum network as a result of the theft of 3.6 million ETH in the attack in June 2016, the DAO lost its users and popularity to a large extent. In the ongoing process, the system managed to recover itself and regain its former popularity, DAO started working for a more secure network and got the results in a short time.<h3>What is the Purpose of the DAO Project?</h3>Making a financial transaction requires trust, even between individual investors or institutions. Partnerships or transactions on the Internet require much more trust. DAO provides interaction between individuals or institutions through smart contracts to provide this environment of trust. DAO is 100% transparent.Bitcoin is an example of the first DAO project. The structure can be applied to any business model, with the money collected jointly for the project and then the token distributed among the participants. This model allows entries from all over the world. Projects such as charities, freelancer networks, initiative models, grants, and volunteering are implemented.<h3>What are the Differences Between DAO and Traditional Organizations?</h3><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*gYwiFoCmDDLDIPHbtPAU1A.jpeg" /><figcaption>DAO and Traditional Organizations</figcaption></figure>DAO<ul><li>It has a democratic structure.</li><li>All kinds of decisions are determined by voting.</li><li>The result of the voting is automatically activated.</li><li>All organizations are transparent and open to the public.</li><li>Projects are checked automatically.</li></ul>In Traditional Organizations<ul><li>There is a hierarchy.</li><li>Decisions are made by a person or a group of people.</li><li>The result can be changed.</li><li>Organizations are confidential and completely non-public.</li><li>It is controlled manually.</li></ul><h3>The Future of DAO</h3>DAO draws a very positive graph for the future if it overcomes legal problems. The fact that the community was damaged after the attack showed the power of the DAO that the system recovered in a short time with the studies carried out later.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=a3b419de014a" width="1" height="1" alt="">

What is DAO and How Does It Work?

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*Oz3Pcb0E34UzJ9qAs2qYyQ.jpeg" /><figcaption>Wall Street ETF (Exchange Traded Fund) Investments</figcaption></figure><blockquote>We are in an economic hierarchy where more investors prefer cryptocurrency investments. For traditional finance providers and investors, falling behind cryptocurrencies is unthinkable. For this reason, the ETF(Exchange Traded Fund) has been developed to allow wealth funds to be traded in cryptocurrencies. Transactions started on platforms with huge budgets such as S$P, Nasdaq, and Wall Street.</blockquote><h3>What is an ETF?</h3>ETF (Exchange Traded Fund) is a general name given to mutual funds traded on the stock exchange. It covers all traditional financial and banking services. ETFs are traded in regulated traditional financial centers.Different projects have been produced to get rid of the pandemic effect and rise in cryptocurrencies in 2020. ETFs are among the most accepted ones. Through the ETF, cryptocurrencies can be traded on a stock exchange like a stock lot.<h3>Wall Street BTC Transactions</h3>In the last quarter of 2021, the first exchange-traded fund (ETF) based on Bitcoin futures contracts in the USA started trading on the New York Stock Exchange (NYSE) with the code “BITO”. The ETF, which attracted great interest on the first trading day, managed to close the first trading day with a 3% increase.In the first quarter of 2022, all cryptocurrencies, including Bitcoin, suffered high depreciation. In November 2021, the two most important cryptocurrencies of the crypto money market, Bitcoin and Ethereum, reached all-time highs (ATH), and the value of Bitcoin on November 9 at 7:00 local time was $ 67,802.30; Ethereum was at $4,800. With their 60% depreciation, the investor shifted towards more reasonable stock market investments. These losses reached billions of dollars in a short time, and an increase in ETF preferences was observed throughout the traditional stock market.In the report announced by Coinbase in the first quarter of 2022, it is seen that there is a significant loss in the ratio of individual and institutional investors. The ETF is hovering 82% below its first trading day, according to The Wall Street Journal. This shows us that the individual or institutional investor investing in ETF aims to gain in the long run.<h3>The Importance of Wall Street and ETF Trading for the Investor</h3>With the billion-dollar Bitcoin funds being converted into ETFs and traded on traditional exchanges, a significant part of the crypto problems in the investors’ minds has been answered.The lack of a situation that gives much more confidence against hackers and at the same time requires the protection of private keys stands out as the biggest reason for investors to turn to ETF transactions.After the approval of the US Securities and Exchange Commission (SEC), with the updating of the laws of 1933 and 1940, Bitcoin futures will be opened. Three more applications are pending, which the SEC must respond to. After the rejection of the applications made in 2013, most applications were made in the last quarter of 2021 and the first quarter of 2022, and the total number of applications is at a record level.<h3>Advantages of Investing with an ETFThe Importance of Wall Street and ETF Trading for the Investor</h3>Investing with a Bitcoin ETF means trading on a stock market controlled by government agencies. This proves that cryptocurrencies are accepted as an investment tool and can be used all over the world.Along with taking extra precautions against hackers, who are seen as the greatest danger brought by the digital world, government-supported fund protection is also taken.The same market prices can be used in Bitcoin trading.Getting ETF approval and starting transactions in major stock markets such as Wall Street paves the way for institutional investors to invest more.The processing of Bitcoins, which are kept in wallets and only yield with the market price, through ETF, provides extra income to be used as an investment tool in the market.<h3>Disadvantages of Investing with an ETF</h3>Obtaining approval from government institutions, especially the SEC, and FED, creates long processes and can also be evaluated negatively.Large stock market companies need to be supported by laws to update their ETF protocols and keep up with innovations.For ETF, which is considered a new investment area, many fake stock markets, and investment brokerage companies can take place in the market. For this reason, it is very important to supervise investment companies in the state.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=7fae142ea714" width="1" height="1" alt="">

Wall Street ETF (Exchange Traded Fund) Investments

<figure><img src="https://cdn-images-1.medium.com/max/1024/1*izHfjaExlboX_jkVBA04kA.jpeg" alt="" />
<figcaption>What is Crypto&nbsp;Economy?</figcaption>
</figure>
After the 2008 economic crisis, a new digital currency emerged that would affect the whole world. Cryptocurrency and blockchain technologies have started to serve in different areas, creating new investment and project areas, and creating a new economic environment. A new economic order is now available: Crypto Economy. In less than 10 years, the most important financial innovation of the 21st century began to prove&nbsp;itself.
Crypto Economy means Cryptography and Economics. The combination of cryptography, computer networks, and economic incentives saw the emergence of new technologies through the methods of Satoshi Nakamoto. This method enabled the sciences that create new economic cryptosystems to offer much more than they could do alone. Blockchain is just the most well-known of them. Blockchain has many important features such as security and decentralization that it offers to its participants. The popularity of Bitcoin, Web 3, NFTs, Metaverse, De-Fi, mining, and cryptocurrencies owes this to the Crypto&nbsp;Economy.
An economic order began to emerge, in which blockchain changed the traditional financial system and many institutions tried to keep up with this change. Although cryptocurrencies currently make up the largest share of this ecosystem, there are very important blockchain projects implemented by government agencies and private companies. Among these projects, there are projects that are expected to make significant contributions to the future of the world, such as the use of decentralized cryptocurrencies, taxation, data-sharing networks, digital banking, sustainable and renewable clean energy, and organic agricultural products.
<h3>Numbers in the Crypto&nbsp;Industry</h3>
Cryptocurrencies, which have been used for commercial purposes since 2009, show a significant increase in their use as an investment and commercial resource in 2012. Investments in the cryptocurrency service continued to increase in 2016, 2018 and&nbsp;2021.
According to The Block, as of 2021, there has been a record amount of investment inflows of $25 billion into crypto investments. The number of Crypto Unicorn companies increased by 491 percent in 2021. These figures are formulating more mutual funds and companies&rsquo; crypto-economy strategies and enabling investment for the future. According to data from CoinMarketCap, at the beginning of April 2022, the cryptocurrency market hit its highest level, exceeding $2.1 Trillion.
<h3>Which Industries are Affecting the Crypyo&nbsp;Economy?</h3>
Centralized Finance (CeFi) and Decentralized Finance (DeFi) applications affect many service such as insurance, real estate, energy, gaming, consumer service, logistics, health, industrial production, social media and government bodies, especially the traditional finance&nbsp;service.
The financial service is a multinational and globally transacted service. It is inevitable that this service will be affected. Traditional financial institutions such as banks exist to verify transactions and store and manage assets. In this system, everyone trusts the bank and investors do their transactions without knowing each other. However, this system has many problems. Blockchain&rsquo;s decentralized structure eliminates institutions and insecure environments. It provides a transparent and safe environment for all participants. Users are not obliged to share their personal data. We recommend you to read our content &ldquo;<a href="https://nitroex.medium.com/the-impact-of-blockchain-technology-in-banking-ab06d9d9dd56">The Impact Of Blockchain Technology in Banking</a>&rdquo;.
How assets can be managed and stored is a challenge for many of the world&rsquo;s asset classes, from industry and energy infrastructure to real estate and the arts. This problem is solved through the NFT tokens that come with the blockchain.
Transactions that take place online such as games, entertainment, social media, and e-commerce have been the areas that make up the Metaverse, which covers a significant part of the crypto economy. The game and entertainment industry came together and gave birth to its own&nbsp;economy.
In addition to processing and easy tracking of data, blockchain-based systems are used to prevent fraud and minimize product loss, primarily in health and logistics services.
Efforts are being made to make cryptocurrency production digital and use high rates of clean energy, to reduce the use of raw materials, and reduce high energy&nbsp;costs.
<a href="https://www.nitroex.io/">NitroEx</a> Mobile Application is live on 📲 <a href="https://apps.apple.com/tt/app/nitroex-exchange/id1569267465">iOS</a> and 📲&nbsp;<a href="https://play.google.com/store/apps/details?id=com.nitroex.nitroexchangeapp">Android</a>.
Join <a href="https://t.me/NitroExOfficial">NitroEx Official Telegram</a> Follow us on&nbsp;<a href="https://twitter.com/NitroExOfficial">Twitter</a>
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What is Crypto Economy?

<blockquote>In the past weeks, the cryptocurrency world has been shaken by a sensational event. Terra (LUNA) Coin, which provides blockchain services such as Bitcoin and Ethereum, has almost hit the bottom. What caused this deep dive of Terra (LUNA), who suddenly found himself in the almost zero position from $100. Why did the transactions not stop this decline? To find answers to these questions, let’s first examine the Terra (LUNA) project.</blockquote><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*_lkT6Uk0J1HVxCf1XhxE_w.png" /><figcaption>How Did the “Terra (LUNA) Crypto Crash” Happen? | Will LUNA Price Recover Again?</figcaption></figure><h3>Terra (LUNA)</h3>South Korean firm Terraform Labs, founded by Daniel Shin and Do Kwon in 2018, started trading on the Terra blockchain to develop lower-cost financial network management that is free from the current financial order.Terra is a fully digital, decentralized finance company backed by its own token Terra (LUNA) and stablecoin UST. Terra (LUNA), which offers its users the opportunity to return with interest, provides a monthly income of 20%.<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*vFE-gmvMHvD15hUWiMD73w.png" /><figcaption>Luna Foundation Guard (LFG) Reserves | <a href="https://datastudio.google.com/s/iWeiv1xS5sg">https://datastudio.google.com/s/iWeiv1xS5sg</a></figcaption></figure>To finance the network, company executives must hold reserves. This reserve is Bitcoin, altcoin, and fiat money and is kept to be used when necessary. At the same time, new positions are determined and investments are made to increase the number of reserves.Terra (LUNA) uses the UST stablecoin based on the current exchange rate. It backs UST with Terra (LUNA) to keep it at $1. To achieve this, it produces or burns Terra (LUNA) depending on the amount of supply. Terra (LUNA) has an unlimited supply.<h3>How Did The Collapse Begin?</h3>Many cryptocurrency investment experts say that we are in a mini bear period in the cryptocurrency exchange. During this period, many cryptocurrencies fell along with Bitcoin. The decline in cryptocurrencies accelerated as the FED announced its interest rate decision at the beginning of May and predicted an increase in interest rates in the coming periods.Do Kwon, CEO and co-founder of TerraLabs, announced his Bitcoin reserves and stated that they determined a new level of 1 billion dollars during this period.After these developments, the sales boards on the cryptocurrency exchanges remained empty for a long time.<h3>Attacks Were Started</h3>Investors, called Whales in the exchange, started selling their large amounts of UST on high-volume exchanges such as Binance and FTX. The reason for the start of the sale is that the CEO of Terra company bought 80.393 Bitcoin to increase his reserves and his new interest policy decision. Terra managers, who started selling their Bitcoin reserves to keep the UST stable at $1, caused panic among investors.With the movement of this Terra (LUNA) 42.500 Bitcoin in the wallet, the attacks became more intense and panic sales began. With the Bitcoin sales melting the reserves, the AVAX reserves have also decreased by half. Despite the sales, delists continued in many cryptocurrency exchanges. Terra (LUNA), which should support the UST, dropped below $1 in a very short time from $100.<h3>Network Was Stopped</h3>As the attacks continued, the Terra (LUNA) network was halted. After a 9-hour wait, the network, which started block production again, could not get enough support and was stopped for the second time by the administrators with the statement “to find a plan to rebuild the network” in block 7607789. According to the statement made on Terra’s official Twitter account, the network has started working and blocked production again.<h3>What will happen now?</h3>There are thousands of projects on the blockchain. Some of these projects are successful. CEO of DO Kwon stated in a broadcast he attended that many projects will fail. Do, which is waiting for the support of the investors to get out of the current situation, seems to have failed to give the necessary confidence to the investors.Among the rescue plans that Do Kwon announced, the most striking was the bifurcation. However, most of the community, including the Binance CEO, agree that this idea will not work.Binance has reopened the LUNA/BUSD trading pair. After this list opened, Terra (LUNA) was offered to switch to tht BNB network.According to CoinMarketCap data, Terra (LUNA) is currently trading at $0.0001862 and UST at $0.06735.<a href="https://www.nitroex.io/">NitroEx</a> Mobile Application is live on 📲 <a href="https://apps.apple.com/tt/app/nitroex-exchange/id1569267465">iOS</a> and 📲 <a href="https://play.google.com/store/apps/details?id=com.nitroex.nitroexchangeapp">Android</a>.Join <a href="https://t.me/NitroExOfficial">NitroEx Official Telegram</a> Follow us on <a href="https://twitter.com/NitroExOfficial">Twitter</a><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=b3ffaa3806be" width="1" height="1" alt="">

How Did the “Terra (LUNA) Crypto Crash” Happen? | Will LUNA Price Recover Again?

<blockquote>In 2009, Bitcoin entered our lives and many terms began to be used with it. These terms emerged by shortening a sentence, misspelling a word, or using it directly in its own meaning. These terms gained importance in terms of the field of use rather than how they were produced.</blockquote><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*kgUioiwEqvyqbVT_KZWUBQ.png" /><figcaption>7 Crypto Terms You Need to Know</figcaption></figure>Crypto terms quickly spread among people on cryptocurrency exchanges, forums, and social media platforms like Twitter, Instagram, and Telegram. With the increasing number of crypto investors day by day, these terms are also spreading rapidly.We have prepared for you seven terms that should be known in the crypto world, which are also used in trading platforms such as cryptocurrency exchange and Forex.<h4>1. HODL</h4>The concept of Hodl is the equivalent of the word “Holding”, meaning “to hold what you have in your hand, not to let go”. Interestingly, the word hodl emerged as a result of the correct word (hold) being spelled as “hodl” by making a typo.In 2003, an investor on the Bitcointalk forum typed “I am hodling” instead of “I am holding” to state that he would not sell his Bitcoin. Then, this expression, which is highly appreciated and loved by users, became viral among users in a short time.<h4>2. FOMO</h4>FOMO is the abbreviation of “Fear Of Missing Out” and is formed by combining the initials. The cryptocurrency exchange is a platform where buyers and sellers from all over the world participate 24/7. As a result of the live-action of the platform, instantaneous or long-term opportunities arise. It is the name given to the situation where the user misses the opportunity and participates in the trade with panic purchases, resulting in the feeling of missing an opportunity.The investor constantly follows the crypto market afraid of missing the opportunity, and cannot take his eyes off the trading screens. He trades without a strategy or against his/her own strategy so as not to miss the appropriate position. After the transactions and the resulting situation, the investor has a difficult time psychologically and starts to question the decisions made. Since he questions every move made, he can no longer make his own decisions correctly.<h4>3. FUD</h4>The word FUD is derived by using the initials Fear, Uncertainty, and Doubt. The word FUD expresses the emotional states an investor can experience. With this term, which is frequently used on social media platforms, people who want to manipulate the market cause cryptocurrency trading.There is a lot of data that will provide the FUD environment. The most important of these is fake news. Investors are imposed FUD by rumors circulating on social media platforms.There are many psychological studies about these terms, which express two different emotional states in the crypto money world. Due to human nature, experiencing instant hormonal changes, these emotional states can be easily caught.<h4>4. MINING</h4>Cryptocurrency mining is the process of confirming cryptocurrency transfer transactions by solving complex mathematical problems, verifying it with crypto, and rewarding it with cryptocurrency produced in the network as a result.Users who identify themselves as miners work collaboratively to develop and improve the network. People who have the necessary hardware or enough cryptocurrency can do different types of mining.Mining Types:● CPU Mining: It is mining based on the Proof of Work algorithm, which is done on a normal computer using the CPU (Central Processing Unit).● GPU Mining: It is the mining done by combining Graphics Processing Unit (GPU) graphics cards to obtain high processing power.● ASIC Mining: Application-Specific Integrated Circuits (ASIC) is a method of mining using specialized hardware and specialized software.● Cloud Mining: It is a method preferred by miners who do not have the necessary equipment but want to mine. The necessary hardware and software are rented and a share is given over the mining reward.<h4>5. ALTCOIN</h4>Bitcoin is the first and most popular cryptocurrency in the cryptocurrency exchange. All coins and tokens other than Bitcoin, which pioneered cryptocurrencies, are expressed as altcoins as an alternative to Bitcoin. The creation of altcoins is for the creation of alternatives to Bitcoin. Some of the developed altcoin projects are traded on their blockchain network.According to CoinMarketCap.com, there are 10118 altcoins. There is no limit on the number of altcoins. Some cryptocurrencies expressed as altcoins: Ethereum, Ripple, Solana, Litecoin, BNB, Lego Coin, Moneta Digital, Apeborg, etc.There are 3 different types of altcoins. These; Stable coins based on dollar or Euro, ICO coins distributed for initial coin offering, and coins distributed as mining rewards.<h4>6. PUMP</h4>The word PUMP is used to express the sudden rise of Bitcoin and altcoin prices. The cryptocurrency exchange has not stabilized. A stable price policy has not been followed in a short time.The reasons for the realization of PUMP are to reduce the supply amount by burning coins, to carry out high-volume transactions, and to make enough purchases to reduce the amount of supply in the cryptocurrency exchange. At the same time, the projects and commodities owned by the developers of the relevant cryptocurrency also contribute to the PUMP.<h4>7. DUMP</h4>The opposite of a sudden price increase, a sudden price drop is called DUMP. In the event of a DUMP, the relevant cryptocurrency may lose value at high rates. This loss of value is due to many reasons, as well as the increase in supply in the cryptocurrency exchange after high volume sales together with the rumors in general. The burning of cryptocurrencies to balance the DUMP is one of the first measures taken.In this article, we have compiled 7 terms that you need know in the cryptocurrency world. Apart from these 7 terms, there are hundreds of other terms in the cryptocurrency world. In the future, the number of these terms will perhaps reach thousands. Those who want to be effective and profitable in the cryptocurrency exchange should have a good command of cryptocurrency terms.<a href="https://www.nitroex.io/">NitroEx</a> Mobile Application is live on 📲 <a href="https://apps.apple.com/tt/app/nitroex-exchange/id1569267465">iOS</a> and 📲 <a href="https://play.google.com/store/apps/details?id=com.nitroex.nitroexchangeapp">Android</a>.Join <a href="https://t.me/NitroExOfficial">NitroEx Official Telegram</a> Follow us on <a href="https://twitter.com/NitroExOfficial">Twitter</a><pre>The opposite of a sudden price increase, a sudden price drop is called DUMP. In the event of a DUMP, the relevant cryptocurrency may lose value at high rates. This loss of value is due to many reasons, as well as the increase in supply in the cryptocurrency exchange after high volume sales together with the rumors in general. The burning of cryptocurrencies to balance the DUMP is one of the first measures taken.</pre><pre>In this article, we have compiled 7 terms that you need know in the cryptocurrency world. Apart from these 7 terms, there are hundreds of other terms in the cryptocurrency world. In the future, the number of these terms will perhaps reach thousands. Those who want to be effective and profitable in the cryptocurrency exchange should have a good command of cryptocurrency terms.</pre><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=a96b251af2c2" width="1" height="1" alt="">

7 Crypto Terms You Need to Know

<h3>The Impact of Twitter’s Acquisition by Elon Musk on the Crypto World</h3>SpaceX and Tesla’s CEO, Elon Musk agreed to buy the US-based social media platform Twitter for $44 billion, and the deal was confirmed by Twitter.<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*JFRSEc5SAnIv1h4n-_sVVQ.png" /><figcaption>The Impact of Twitter’s Acquisition by Elon Musk on the Crypto Ecosystem</figcaption></figure><h4>Elon Musk’s Twitter Interest</h4>The social media platform, Twitter, has 1.3 billion users worldwide. Twitter, which has a huge user base, is used not only as a place where people share their feelings and thoughts, but also as a source of news.Elon Musk did not hesitate to express that Twitter has much more potential on the platforms he participated in and he was the key to paving the way, following started to share tweets.<h4>Twitter Blue</h4>Twitter is expected to launch new and different features for Twitter Blue, the community of paid users. By offering special privileges to users, different features from other users will be in use. Another feature among these privileges is that the tweet can only be seen by the desired people. In addition, later editing, adding and deleting can be done on the tweet.The second feature is to eliminate the character limit in messages, allowing longer tweets to be sent. Musk had expressed his opinion that the 240 character limit was not enough, in a tweet he shared earlier.<h4>The Impact of the Crypto World</h4>Elon Musk is a technological visionary with a social network of more than 69 million followers on Twitter. He regularly voices his social media presence on various topics over cryptocurrencies such as Bitcoin and Dogecoin. There is an academic research on the effects of Elon Musk’s shares on the market. You can access this research by Lennart Ante from the link below.<a href="https://www.researchgate.net/publication/349007665_How_Elon_Musk&#39;s_Twitter_activity_moves_cryptocurrency_markets">https://www.researchgate.net/publication/349007665_How_Elon_Musk&#39;s_Twitter_activity_moves_cryptocurrency_markets</a> (Revised version: 12 Jan 2022)This article aimed to determine to what extent Elon Musk’s tweets about cryptocurrency directly affect the pricing and trading volume of cryptocurrencies. Elon Musk regularly comments and influences investor behavior and the market with his statements. It can be thought that individual and institutional investors also affect the decision-making process. By examining the data in this article, you can examine how Musk’s tweets about cryptocurrency affect the prices of cryptocurrencies, the impact on trading volume, and whether the effects differ by cryptocurrency. As a result of this article, it has been revealed that Musk’s tweets have a significant impact on the cryptocurrency markets in terms of price and trading volume. In addition, according to this research, while Musk’s tweets about Bitcoin and Dogecoin increase the transaction volume, the price movement changes according to whether the explanation is positive or negative. This is called the “Musk Effect”. Below are the results of some of these investigations.Figure 4 shows cumulative log returns from 360 minutes before to 120 minutes after a Bitcoin-related tweet. The non-negative tweets clearly entail positive Bitcoin returns, while negative events appear to trigger a negative market reaction.<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*oupT4Cs07FB9c1N4" /></figure>Elon Musk has a special interest in Dogecoin. However, with the acquisition of Twitter, works have started for payment transactions to be made with Dogecoin. With the acquisition of Twitter, Dogecoin has increased by 40%. With this increase, it has re-entered the top 10 most valuable cryptocurrencies on CoinMarketCap.We see that a single tweet can cause a huge movement in the price and trading volume of a cryptocurrency. However, this makes it difficult to protect investors. The statements of someone who is influential all over the world like Elon Musk and his investments in crypto (the statement that Tesla cars can be bought with Bitcoin) seriously affect the decision making of market participants. Exchanges may need to establish a better mechanism against such movements.Exchanges perform authentication, Know Your Customer (KYC), due to legal requirements. While it has many benefits, it also has some negative aspects. KYC is also planned for users on Twitter. Although this statement emphasized by Musk is said to be made with the aim of better expressing safer and free thought, this contradicts the principle of decentralization and anonymity in the blockchain and crypto ecosystem.<a href="https://www.nitroex.io/">NitroEx</a> Mobile Application is live on 📲 <a href="https://apps.apple.com/tt/app/nitroex-exchange/id1569267465">iOS</a> and 📲 <a href="https://play.google.com/store/apps/details?id=com.nitroex.nitroexchangeapp">Android</a>.Join <a href="https://t.me/NitroExOfficial">NitroEx Official Telegram</a> Follow us on <a href="https://twitter.com/NitroExOfficial">Twitter</a><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=fc3dcfcb4ad4" width="1" height="1" alt="">

The Impact of Twitter’s Acquisition by Elon Musk on the Crypto Ecosystem

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*I0coyd1go7kVdZPRsep1xg.png" /><figcaption>What is Chiliz (CHZ)?</figcaption></figure>Project Name: ChilizToken Ticker: CHZ<h4>Introduction to the Project</h4>It is a cryptocurrency that is the world’s first blockchain-based in sports and entertainment and powers Socios.com sports fan engagement platform. Chiliz provides blockchain-based tools to help sports and entertainment organizations engage their fans and monetize them. The company states that its main purpose is to increase interaction and spread the use of fan tokens by connecting passive and active fans.Participants can buy and sell tokens of the clubs they support. They can win prizes with various events organized. Depending on the amount of CHZ they have, they can vote in the polls. It is an area that is highly sought after by fans who want to be active in decision-making mechanisms. In addition to all these features, the company offers important features and unique experiences to token holders.CHZ Token has a very high liquidity and is traded on leading cryptocurrency exchanges (Binance, Bitpanda, HBTC, Mercado, NitroEx) in the world. Fan Token and fan interaction platform has implemented its services in 25 major sports and e-sports organizations such as FC Barcelona, ​​Juventus, AC Milan, Paris Saint-Germain, FC Inter, Manchester City, and Professional Fighters League. Clubs’ interest in fan token interaction platforms is increasing day by day.Chiliz/Socios company has offices in many parts of the world. Some of these countries are the USA, Brazil, South Korea, Switzerland, Turkey, and Spain. To provide more employment by increasing the number of offices among the company’s targets in the coming years.<h4>Overview</h4>Total Supply: 8,888,888,888Circulation Supply: 6,000,316,458<h4>Support Links</h4>Official Website: <a href="https://www.chiliz.com/en/">https://www.chiliz.com/en/</a>Whitepaper:<a href="https://whitepaper.io/document/522/chiliz-whitepaper"> https://whitepaper.io/document/522/chiliz-whitepaper</a><a href="https://www.nitroex.io/">NitroEx</a> Mobile Application is live on 📲 <a href="https://apps.apple.com/tt/app/nitroex-exchange/id1569267465">iOS</a> and 📲 <a href="https://play.google.com/store/apps/details?id=com.nitroex.nitroexchangeapp">Android</a>.Join <a href="https://t.me/NitroExOfficial">NitroEx Official Telegram</a> Follow us on <a href="https://twitter.com/NitroExOfficial">Twitter</a><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=eef66a652b36" width="1" height="1" alt="">

What is Chiliz (CHZ)?

<h3>What is REN Coin (REN) ?</h3><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*8RhcZB2l93L8iVpJqC6tsw.png" /><figcaption>What is REN Coin (REN) ?</figcaption></figure>Project Name: RenToken Ticker: REN<h4>Introduction to the Project</h4>It is a protocol that allows the buying-selling and trading of assets traded on different blockchains. The main goal of the Ren project is to provide interoperability and liquidity.RenVM is a virtual computer network. The machines that power this network are called DarkNodes. DarkNodes operators power and protect the network. In order to work as DarkNodes, the amount of REN Tokens specified by smart contracts must be locked. Operators working as DarkNodes are rewarded with REN Tokens.Ren was founded in 2017 by software developers Taiyang Zhang and Loong Wang. Its name was Republic Protocol when first established, and it was changed to REN in 2019.A user can lock different cryptocurrencies on the Ethereum network using REN Token. He can take Ethereum as a reward and use it by buying Bitcoin on the Bitcoin network. During this process, the REN Token allows the user to transact across networks. It also facilitates the use of decentralized finance (DeFi) resources. Thanks to the REN, $ 1.2 million worth of cryptocurrencies have been exchanged as of 2020.Anyone who wants to have access to all protocols traded on the Blockchain can fulfill this function by using the REN Token. Transactions within the Ren network will only be charged in REN Tokens. Other blockchains are paid in their own cryptocurrencies.<h4>Overview</h4>Total Supply: 999.999.633Circulation Supply: 999.037.500<h4>Support Links</h4>Official Website:<a href="https://renproject.io/"> https://renproject.io/</a>Technical Report:<a href="https://renproject.io/litepaper.pdf"> https://renproject.io/litepaper.pdf</a><a href="https://www.nitroex.io/">NitroEx</a> Mobile Application is live on 📲 <a href="https://apps.apple.com/tt/app/nitroex-exchange/id1569267465">iOS</a> and 📲 <a href="https://play.google.com/store/apps/details?id=com.nitroex.nitroexchangeapp">Android</a>.Join <a href="https://t.me/NitroExOfficial">NitroEx Official Telegram</a> Follow us on <a href="https://twitter.com/NitroExOfficial">Twitter</a><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=2a45652934a3" width="1" height="1" alt="">

What is REN Coin (REN) ?

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*R9a-nNPbfATSKB72CiFaYQ.png" /><figcaption>What Is Fantom (FTM)?</figcaption></figure>Project Name: FantomToken Name: FTM<h4>Introduction to the Project</h4>The Fantom Foundation was founded by Dr. Ahn Byung Ik, a South Korean computer expert in 2018. Behind the Fantom project, there is a very large team of experts in the blockchain field. The team includes software developers, scientists, engineers, researchers, designers, and entrepreneurs.Fantom (FTM) is a smart contract-based cryptocurrency that stands for “Directed Acyclic Graph” DAG. Distributed ledgers are intended to provide solutions to scalability problems.Fantom uses the Lachesis Protocol together with the Proof of Stake algorithm, reducing the processing speed to less than two seconds. At the same time, Fantom, which uses the CryptoNode mining protocol, does not need high-end hardware and equipment to mine.FTM can be traded and also exchanged for other cryptocurrencies. The confirmation process for trading and swapping takes under two minutes. It can be used as a means of payment.<h4>Overview</h4>Total Supply: 2,545,006,273Circulation Supply: 2,545,006,273<h4>Support Links</h4>Official Website:<a href="https://fantom.foundation/"> https://fantom.foundation/</a>Technical Report:<a href="https://fantom.foundation/fantom-research-papers/"> https://fantom.foundation/fantom-research-papers/</a><a href="https://www.nitroex.io/">NitroEx</a> Mobile Application is live on 📲 <a href="https://apps.apple.com/tt/app/nitroex-exchange/id1569267465">iOS</a> and 📲 <a href="https://play.google.com/store/apps/details?id=com.nitroex.nitroexchangeapp">Android</a>.Join <a href="https://t.me/NitroExOfficial">NitroEx Official Telegram</a> Follow us on <a href="https://twitter.com/NitroExOfficial">Twitter</a><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=b5f8eb10fca4" width="1" height="1" alt="">

What Is Fantom (FTM)?

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*jf-MY7zfZ1uNtzYs-ulzmw.png" /><figcaption>What Is Binance Coin (BNB)?</figcaption></figure>Project Name: Binance CoinToken Name: BNB<h3>Introduction to the Project</h3>Binance Coin (BNB) is a cryptocurrency released in 2017 by the Binance Exchange. It was first produced on the ERC-20 base. Later, when Binance switched to its blockchain base, BEP-2, BNB production continues on this base. By burning the tokens produced according to the ERC-2, the transition to the BEP-2 base is realized.BNB is a non-mining cryptocurrency. Binance produces all offered tokens. Half of the total produced BNB is the circulating supply.BNBs are used in many areas such as covering travel expenses, buying virtual gifts, paying for products, paying commissions, and trading.Every year, the Binance Exchange buys BNB to prevent inflation for the token it produces then burns them. Burning these BNBs prevents inflation.<h3>Overview</h3>Total Supply: 165,116,761Circulation Supply: 165,116,761<h3>Support Links</h3>Official Website:<a href="https://www.binance.com/tr"> https://www.binance.com/tr</a>Whitepaper:<a href="https://whitepaper.io/document/10/binance-whitepaper"> https://whitepaper.io/document/10/binance-whitepaper</a>BNB Burn:<a href="https://www.bnbburn.info/"> https://www.bnbburn.info/</a><a href="https://www.nitroex.io/">NitroEx</a> Mobile Application is live on 📲 <a href="https://apps.apple.com/tt/app/nitroex-exchange/id1569267465">iOS</a> and 📲 <a href="https://play.google.com/store/apps/details?id=com.nitroex.nitroexchangeapp">Android</a>.Join <a href="https://t.me/NitroExOfficial">NitroEx Official Telegram</a> Follow us on <a href="https://twitter.com/NitroExOfficial">Twitter</a><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=ea51e12a60f0" width="1" height="1" alt="">

What Is Binance Coin (BNB)?

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*hvDg1ryNjP96JzOr7JpeAQ.png" /><figcaption>Decentraland (MANA)</figcaption></figure>Project Name: DecentralandToken Name: MANA<h3>Introduction to the Project</h3>Powered by the Ethereum blockchain, virtual reality is a decentralized platform of 90601 virtual parcels that allows its users to create, modify and experience content, applications, as well as make money. In this virtual world, users will be able to build and open the lands they have purchased.LAND is a unique digital asset generated as a smart contract on the Ethereum blockchain in ERC721 format. LAND can be bought and sold with MANA. LAND represents parcels for the Metaverse as in the real world. MANA tokens can be used to pay for avatars, wearables, names, and similar cosmetic virtual assets on the Decentraland market.MANA generated $24 million in revenue with its ICO in 2017. The project completed in 2019 has opened to the public since 2020. MANA tokens are based on the ERC-20. It is produced by software developers and used to procure various equipment.Decentraland is among the most important tokens used for the Metaverse project. Metaverse offers great opportunities for users looking for business opportunities and entertainment resources. MANA enables to buy and enhance the avatar equipment or the exchange of non-tradable tokens.<h3>Overview</h3>Total Supply: 2,193,770,627Circulating Supply: 1,840,863,068<h3>Support Links</h3>Official Website:<a href="https://decentraland.org/"> https://decentraland.org/</a>White Paper:<a href="https://decentraland.org/whitepaper.pdf"> https://decentraland.org/whitepaper.pdf</a><a href="https://www.nitroex.io/">NitroEx</a> Mobile Application is live on 📲 <a href="https://apps.apple.com/tt/app/nitroex-exchange/id1569267465">iOS</a> and 📲 <a href="https://play.google.com/store/apps/details?id=com.nitroex.nitroexchangeapp">Android</a>.Join <a href="https://t.me/NitroExOfficial">NitroEx Official Telegram</a> Follow us on <a href="https://twitter.com/NitroExOfficial">Twitter</a><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=58c4dc6147e0" width="1" height="1" alt="">

What Is Decentraland (MANA)?

<blockquote>Founded on June 27, 2020, Nitro Software Technologies is a cryptocurrency exchange that provides its users with a highly secure cryptocurrency trading experience. We work tirelessly to be among the best in the world. We continue to add new cryptocurrencies to NitroEx Exchange with the excitement of the first day we started. As of March 26, 2022, Axie Infinity, AXS is now listed.</blockquote><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*V4pNRebFy82HDVJJVnPJ7g.png" /></figure>NitroEx Exchange lists 32 cryptocurrencies. NitroEx Exchange has 65 cryptocurrency trading pairs. The latest listed Axie Infinity AXS/BTC, AXS/ETH, and AXS/USDT trading pairs are available for users to trade.<h3>Introduction to the Project</h3>Axie is a game universe filled with fascinating creatures. Players aim to fight, breed, collect, upgrade and build kingdoms for their avatars. The universe has a player-owned cycle where players can own, buy, sell and trade the resources they earn in the game through skilled gameplay and their contributions to the ecosystem.500 different species such as animals, plants, reptiles, and fish can be found in Axie. Abilities with different characteristics belonging to each class appear randomly and uniquely. These abilities can be developed with the experience points gained in battles. At the same time, by mating the owned Axie, one can have offspring. These offsprings can be sold or developed according to one’s will.Axie Infinity created by a team based in Vietnam was developed in 2018 by the technology-focused game company Sky Mavis. Trung Nguyen and Aleksander Larsen founded this firm. The Axie Infinity team is a team of 25 fully professional game developers.Axie Infinity is one of the most important of Metaverse projects and the most preferred platform among users. This platform, where users can earn money by playing games, has increased the number of users in a short time. Listed on very important cryptocurreny exchanges, AXS has now joined the NitroEx family.<h3>Overview</h3>Total Supply: 270.000.000Circulating Supply: 60,907,500<h3>Support Links</h3>Official Website: <a href="https://axieinfinity.com/">https://axieinfinity.com/</a>Technical Report: https://whitepaper.axieinfinity.com/<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=1130d06c2168" width="1" height="1" alt="">

Axie Infinity (AXS) Listed on NitroEx Exchange

There is a virtual world “Metaverse” getting more popular lately. Metaverse is a hypothetical iteration of the Internet that supports virtual and augmented reality devices and 3D environments. There are also many cryptocurrencies created to be used in many metaverse projects. Combining cryptocurrencies, NFTs, and video games, this concept allows people to act as they wish in the universe they have created.<figure><img alt="" src="https://cdn-images-1.medium.com/max/512/1*fAlt2LeMZVQbz5tMz91wNg.png" /></figure><h3>What is Metaverse?</h3>Metaverse is a platform that allows you to design a multiverse using virtual reality. Also, in these universes, you can do all kinds of activities you can think of, such as acting, playing games, artistic activities, education, meeting.This word, pronounced in a novel in the early 90s, has been in demand recently. With NFT projects, investors buy Metaverse lands. Metaverse has entered the working areas of important companies. In addition, if there is a situation we should mention, Metaverse is just at the beginning of the road.NFT, Cryptocurrencies and MetaverseThe Metaverse universe is a decentralized and ownerless platform. It is free to join and use this platform. However, you need cryptocurrencies to buy the equipment you want to use within the platform. The crypto money you will have with NFTs can be used to improve your equipment or buy new equipment. You will also need materials to build anything, which you can obtain from stores in the Metaverse. You will need cryptocurrencies for these purchases.Most Popular Metaverse Cryptocurrencies1. Enjin (ENJ): Released in 2009, ENJ quickly became popular. It works on the ERC20 base. Non-tradable NFTs are used to exchange hands through barter. It is currently the most preferred Metaverse cryptocurrency for pricing NFTs and solving difficult problems.2. Decentraland (MANA): Decentraland can be called the precursor to the Metaverse. It is a blockchain-based virtual platform cryptocurrency where people can build various structures on their land, participate in online games, customize their avatars, chat, and many more. It has the most value in the cryptocurrency market among the Metaverse projects that have been open to the public since February 2020.3. Sandbox (SAND): Sandbox is a Metaverse world preferred by adventure seekers. You can buy land, build it, and fight monsters in the game. You can do these tasks alone or as a group. At the same time, you do not need to know any programming language to do these operations, which makes Sandbox more attractive to investors.4. Theta Network (THETA): Theta Network is the next-generation video and entertainment blockchain-based platform. It offers decentralized technical and economic solutions for the world’s leading digital video companies. The platform occupies the position of the most important video streamer in the metaverse universe.5. Axie Infinity (AXS): Announced in 2018, Axie Infinity is a platform that has its collections, all of which you can purchase in-game. It is the most preferred game in the field of Metaverse projects. Players can also generate cryptocurrencies if they own land or dungeons. The team behind the project is very committed and has built a completely private blockchain.The most popular Metaverse projects, Enjin (ENJ) and Decentraland (MANA) are listed on <a href="http://tracking.nitroex.io/tracking/click?d=l_uMySEO6Hy4pgTWV3ZsJ3jY15yED5shdG2Dvce30w5ml6FUGEiKYoz-ROtD1RfF84t3bc8ryFkOVFAi41QH6yUxD3OcJKr_iOm_bOMscItTFrowCWIKcXrqv8YtXzF_Tg2">NitroEx Exchange</a> with USDT/BTC/ETH trading pairs.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=cdd0b3ac74b6" width="1" height="1" alt="">

TOP 5 Metaverse Cryptocurrency

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*lbRT9O0oweijSCAZyYBwtA.png" /></figure>Cryptocurrency first came into our lives with Bitcoin in 2009. Since the first day, it has succeeded in increasing its sphere of influence with each passing day. This adventure, which started with Bitcoin, continued with the release of thousands of coins. With the introduction of new projects, new altcoins will continue to appear on the market.Cryptocurrencies are called Bitcoin and altcoins. All coins except Bitcoin are called altcoins. Among these coins, there are coins that we call major coins. As NitroEx, we will give you information about Major coins in this article.<h3>What is Major Coin?</h3>Cryptocurrencies with the highest market value among the cryptocurrencies in the market and the most traded cryptocurrencies worldwide are called “Major Coins”.The major coins that dominate the cryptocurrency market are the most preferred coins among investors. Regardless of unit prices, cryptocurrencies with the most transactions are in the major coin class.What Are The Major Coins?At the top of the list is Bitcoin (BTC). Following Bitcoin, Ethereum (ETH), Ripple (XRP), Solana (SOL), Cardano (ADA), Bitcoin Cash (BCH), Litecoin (LTC), Tether (USDT), Polkadot (DOT), and Binance Coin (BNB) are among the major coins.Major coins may lose this quality if their market values and trading volumes change. Coins with a higher market value and higher trading volume will replace these major coins and become the new major coins. Although there is no general rule to be called a major coin, those that are in the top 10 among the coins are called major coins.You can review the most valuable cryptocurrencies and the cryptocurrencies with the highest transaction volume in 24 hours on <a href="https://coinmarketcap.com/coins">https://coinmarketcap.com/coins</a><h3>NitroEx and Major Coins</h3>NitroEx Cryptocurrency Exchange continues to offer our valued users a safe, fast, and profitable investment opportunity. At NitroEx, we provide services in the trading of major coins. In addition to major coins, many altcoins are also listed and can be preferred for trading.NitroEx continues its projects to take its place among the major coins with the NTX Token, which is released in-house and listed on important cryptocurrency trading platforms. We continue our efforts to make 2022 a profitable year for NTX Token investors.<a href="https://www.nitroex.io/">NitroEx</a> Mobile Application is live on 📲 <a href="https://apps.apple.com/tt/app/nitroex-exchange/id1569267465">iOS</a> and 📲 <a href="https://play.google.com/store/apps/details?id=com.nitroex.nitroexchangeapp">Android</a>.Join <a href="https://t.me/NitroExOfficial">NitroEx Official Telegram</a> Follow us on <a href="https://twitter.com/NitroExOfficial">Twitter</a><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=89d3ed9551ed" width="1" height="1" alt="">

The Features of Major Coin

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*V8aShQ61T0ZbQ-eT0O1WRQ.jpeg" /><figcaption>The Impact Of Blockchain Technology in Banking</figcaption></figure>Before the invention of money in the history of world humanity, people used the barter method to trade between them. With the barter method, the needed goods are exchanged with the goods in their possession. This method forms the basis of the banking sector.With the developing technology, the need for easier, faster, and safer processing of data has emerged. Many studies have been done and continue to be carried out to meet this need. We can say that blockchain, which is the most remarkable and accepted technology in its field, has proven itself. With the innovations brought by blockchain technology, investments are made for a better future.Blockchain technology has many usage areas. The banking and finance sectors are at the forefront of these areas. Blockchain, which offers solutions to the problems of traditional banking, has started to change the understanding of traditional banking and finance.<h3>Innovations Brought to the Field of Banking by Blockchain</h3>Blockchain has transparent and traceable records due to its structure. Data processed in distributed ledgers can be easily accessed by anyone. However, in traditional banking, the records are kept confidential and only shown to the relevant institution or person when requested.Due to the procedures used by banks, many transactions such as transfer, loan, and deposit transactions are time-consuming. With blockchain, the transactions are carried out quickly without being stuck in the procedure.In the blockchain system, there are more than security services offered by traditional banking.Thanks to the structure of the blockchain system, it can be said that it is impossible to change the records retrospectively.Security companies are developing projects to integrate the systems they use with blockchain.Blockchain systems are more acceptable for investors than banking and financial systems with high costs because there are no intermediaries and much more acceptable costs.When you want to send money to any part of the world, the costs are high; and you have to wait for a specified time. At the same time, you wait for the working hours of the banks to be able to transfer. However, this is not the case in the blockchain system. You can instantly send or receive money anywhere in the world at any time of the day. In addition to these features, you will not have limited problems.Projects and transfers that are stuck on the issue of trust with smart contracts can be carried out between peers in the blockchain system. Programmable smart contracts can be used by changing in line with requirements.A person or institution that wants to implement a project must first find capital. The only way to find capital is through banks. With blockchain, this problem can be minimized. New projects can be financed through Initial Exchange Offering and Initial Public Offering. At the same time, while these supplies are made, the costs are considerably reduced if they are made over the blockchain.<h3>The Impact of Blockchain on International Trade</h3>For international trade, correspondence may be required for days or even months. To provide financing, you need to prepare and present many data requested by banks. To follow up the products, people must be sent and employed. This is a very grueling, time and money-consuming process.Blockchain allows you to perform this process quickly, securely, and at much less cost. Agreements are made with smart contracts. The products can be tracked instantly and without any margin of error through the distributed ledger system. Financing and transfers are carried out quickly and safely, while costs are kept very low.<h3>Changing Future and Blockchain</h3>The banking and finance sector will be the main sectors affected by blockchain technology. Blockchain, which provides fast, secure, less costly, and transparent trading, will change the traditional banking understanding.The realization of international trade through bilateral agreements will open new doors and offer options. The potential of digital deals is increasing day by day.Blockchain technology, which has great potential with an understanding of banking without borders, allows us to use an easier and safer understanding of finance.<a href="https://www.nitroex.io/">NitroEx</a> Mobile Application is live on 📲 <a href="https://apps.apple.com/tt/app/nitroex-exchange/id1569267465">iOS</a> and 📲 <a href="https://play.google.com/store/apps/details?id=com.nitroex.nitroexchangeapp">Android</a>.Join <a href="https://t.me/NitroExOfficial">NitroEx Official Telegram</a> Follow us on <a href="https://twitter.com/NitroExOfficial">Twitter</a><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=ab06d9d9dd56" width="1" height="1" alt="">

The Impact Of Blockchain Technology in Banking

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*7K6goXmYdFB-oVNgaAKOUA.png" /><figcaption>Paying with Bitcoin</figcaption></figure>Cryptocurrencies are now being used not only as an investment tool but also as a payment method for shopping. Bitcoin, which pioneered cryptocurrencies, managed to be the first in this field. It is available at companies that accept payments with coins such as Ethereum, Ripple. However, the most popular choice, for now, is Bitcoin.Since the market volatility of cryptocurrencies is high, many companies at first hesitated to use it as a payment option, thinking that this could harm them. In the following periods, factors such as the prevalence and reliability of cryptocurrencies paved the way for this option. Leading companies from all over the world accept cryptocurrencies, especially Bitcoin, as payment.<h3>The Benefits for Companies</h3>Paying very low costs for paying with Bitcoin is important for the company or users to reduce costs.Since Bitcoin does not have a physical structure, it can be sent from one end of the world to the other in a very short time. Problems such as being blocked during shipping, waiting 3–5 working days, and limiting are not encountered.Accepting payments with Bitcoin is also a good option to attract new customers. Bitcoin is a cryptocurrency with users all over the world. Companies are aware of this situation and take the necessary steps.Bitcoin is transparent by nature. All transactions can be monitored by any user. The fact that the income and expense payments of the companies are made with Bitcoin without revealing their private information will be traceable by the user, which will increase the user’s confidence in the company.The credit card payment method is the most used. Naturally, fraudsters are also working on this method, which is the most used. Since the Bitcoin network cannot be changed retrospectively, it can be said that it is impossible to commit fraud, as it would be too burdensome in terms of cost and time.<h3>Some Companies Accepting Payments with Bitcoin</h3>PayPal: It is one of the most critical developments in this regard. PayPal is used as an online payment system operating over the Internet. It enables secure online shopping or sending money using just an email address. The introduction of this service allowed customers to transact cryptocurrencies in the PayPal environment they know and trust. The fact that companies give confidence in this regard and that they are one of the well-known large companies is a factor that increases user satisfaction and number.Customers can use Pay with Crypto, which allows them to use cryptocurrency alongside other payment methods in their PayPal wallet to make purchases. They only pay transaction fees and currency conversion fees for buying and selling valid cryptocurrencies, without any fees for holding cryptocurrencies in a PayPal account. The company currently offers this service only in the USA and the UK.Mastercard: The company, which has the world’s leading banking network, has started working on the network where its users can store and transact cryptocurrencies. At the same time, users who choose the cryptocurrency option when making a payment are given cryptocurrency instead of points as a reward.Microsoft: The software giant company accepts Bitcoin payments for credit uploads for Skype and Xbox Live, which are active within the company. At the same time, the company, which has developed its payment network, draws attention with its support for cryptocurrencies.Tesla: Tesla bought $1.5 billion worth of Bitcoin last year. With this investment, he announced that they would accept payment in Bitcoin for electric vehicle sales. However, Elon Musk suspended this decision when they learned that Bitcoin was causing too much energy consumption. The project is expected to continue if it is produced with renewable energy.Pavilion Hotels &amp; Resorts: Hong Kong-based hotel chain owns hotels in major cities around the world. With their decision, they became the first hotel business to accept payments as cryptocurrency.AXA Insurance: Switzerland-based insurance company, which has branches all over the world, decided to receive payments in cryptocurrency as a result of its research.Coca-Cola: The leading company in the beverage industry accepts payment with cryptocurrencies at beverage vending machines. The practice that started in Austria is spreading to the rest of the world.Companies in technology, airlines, software, insurance, food, beverage, cosmetics, accommodation, and many other fields now accept payments using the convenience and reliability of paying with cryptocurrencies.<a href="https://www.instagram.com/explore/tags/nitroex/">NitroEx</a> Mobile Application is live on 📲 <a href="https://apps.apple.com/tt/app/nitroex-exchange/id1569267465">iOS</a> and 📲 <a href="https://play.google.com/store/apps/details?id=com.nitroex.nitroexchangeapp">Android</a>.Join <a href="https://t.me/NitroExOfficial">NitroEx Official Telegram</a> Follow us on <a href="https://twitter.com/NitroExOfficial">Twitter</a><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=ff8144d6254d" width="1" height="1" alt="">

What Are the Advantages of Paying with Bitcoin?

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*WWl2_jolEkk0wYFCijOkkA.png" /><figcaption>Web 3.0 and Blockchain</figcaption></figure>With the introduction of the Internet into our lives in the 1990s, a great deal of argument has changed. In 1999, the creator of the World Wide Web, computer scientist Tim Berners-Lee expressed that the Internet could develop much more. Also, the users could change the Internet according to their own needs, and virtual machines could transfer data and talk to each other with the use of artificial intelligence. This version of the Internet is called “Web 3.0”.Although the idea of ​​Web 3.0 dates back to the early 2000s, blog posts and thoughts on this subject go back to the mid-90s. With the work done, the preparations for Web 3.0 are almost complete.Where does the name Web 3.0 come from? Let’s take a quick look at the history of the Internet:The Internet first began with the static delivery of data to the user. At this stage, which is called Web 1.0, it is not possible to change the data by the user, which means there is no interaction, so it is one-sided.With the increase in needs, the understanding of the Internet began to change and develop. In the new Internet concept called Web 2.0, the user started to take an active role in the processing and usage of data. The statically presented Web 1.0 has now left its place to Web 2.0, used dynamically, can be changed, and the interaction is two-sided. With the processing of databases, interaction and communication between users has begun.The innovations brought by blockchain technology have also affected the Internet world. Virtual reality, open-source code software, extensible and sustainable technologies were no longer sufficient for Web 2.0. It needed to be renovated and developed.The next phase will be called Web 3.0.What Does Web 3.0 Promise?Applications in use need to have specific software and hardware. For this, development and device costs are increasing day by day. With Web 3.0, this problem will disappear. Applications can be used on different platforms independently of the device without requiring software and hardware. Thus, the dependence on space and time will disappear. Access to open-source code software will be much easier and faster.Depending on its decentralization, it will be the same in Web 3.0 as the processing and control of distributed ledgers is done in the blockchain system. The person will have his/her data property and will be able to process the data within his/her framework. So, attacks from third parties will be prevented.With the expansion of the database, the most suitable data for the user will be able to be processed at his/her own will. Developable algorithms will be used to respond to the specific needs of the user.While searching over Web 3.0, the user will be able to reach the most accurate information and result more safely with the filtering of artificial intelligence without being exposed to censorship, or unnecessary information.Customer service with improved artificial intelligence, customer problem-oriented, which can serve thousands of customers at the same time, will be used. No one likes to be kept waiting when they have a problem or to have their trouble go unresolved.Web 3.0 and CryptocurrenciesCryptocurrency, a part of the blockchain system, and Web 3.0 technology will be integrated, providing secure payment and instant control. With its decentralization and continuous monitoring, any data processed anywhere in the world will be instantly visible to all users and will not be censored.By developing smart contracts, the work will be more harmonious. Projects will take place smoothly and harmoniously. With peer-to-peer applications, data will be transferred quickly and securely.It will be integrated into Web 3.0 with cryptocurrencies using blockchain, the living conditions for all humanity will be much more comfortable. The projects realized for now are just the tip of the iceberg.<img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=fa7ea66788e4" width="1" height="1" alt="">

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