The cryptosphere Is a fast-paced world where new projects emerge to address one issue or another, and older projects are upgraded to better meet the needs of their clients. If this is not done, it is simple for a project to lose its user appeal. In this article, we'll compare the seasoned Solana (SOL) to a newer, shinier RenQ Finance (RENQ) to see what places they have in the industry and whether RenQ Finance (RENQ) will eventually replace Solana (SOL).

Solana (SOL) is a layer-1 blockchain network that prioritizes scalability and speed. Solana (SOL), like Ethereum (ETH), enables developers to execute smart contracts and create decentralized apps (dApps), but it prioritizes speed and affordability. Solana's innovative Proof of History (PoH) consensus mechanism enables the network to process transactions thousands of times faster than standard systems like Bitcoin and Ethereum. SOL is the native token of Solana. Its purpose is to execute smart contracts, handle transactions, and secure the network.

RenQ Finance (RENQ) is a cutting-edge multi-chain non-custodial decentralized exchange that elevates decentralized trading by offering customers a direct trading option via the RenQ wallet app. It is a community-driven organization founded to give a one-stop solution for all types of traders in the DeFi industry by providing them with a platform that has the benefits of a centralized exchange and more. The RENQ token is RenQ Finances native token. Similar to SOL on Solana, RENQ handles transactions and secures the RenQ Finance network.

While Solana (SOL) is undeniably a market leader, it does have drawbacks that make it unappealing to some users looking for crypto services. For starters, Solana (SOL) and Ethereum (ETH) are incompatible. Ethereum applications are preferred by the majority of DeFi users due to their high liquidity and popularity. The Solana network functions independently and is not compatible with Ethereum.

Solana (SOL) is also known for frequent network outages. There have been more than 5 major outages, some of which lasted for hours and have had a significant impact on network performance. Solana (SOL) has also been criticized for centralized control and failing to reach promised transaction speeds. As a result, SOL has dropped by more than 90% from its all-time high.

RenQ Finance (RENQ) is a highly scalable project built on the Ethereum (ETH) blockchain network. This means that RenQ Finance (RENQ) can process transactions rapidly and cheaply while leveraging Ethereum's security and tapping into its vast DeFi user base.

In contrast to Solana (SOL), RenQ Finance (RENQ) delivers on its promise of decentralization. Decentralization has become a crucial basis for cryptocurrency users, and RenQ Finance's fully decentralized governance style makes it more appealing to investors.

Despite its infancy, RenQ Finance (RENQ) is rapidly expanding. The network has amassed a huge social media following in just a little over two months. This is in contrast to Solana (SOL), which continues to lose support as its troubles worsen. A vibrant and engaged community is critical to the success of any cryptocurrency. The community is heavily involved in platform governance, which helps keep the platform relevant and up to date.

Finally, RenQ Finance (RENQ) provides a wide range of DeFi services, such as yield farming, staking, and liquidity providing, which are in high demand among cryptocurrency investors. Furthermore, RenQ Finance (RENQ) is multi-chain. It joins all isolated blockchains to form a cross-chain asset trading network, providing all fundamental support for the DeFi ecosystem. This opens up a larger pool of liquidity and greater earning opportunities. Solana (SOL) is a layer-1 network that does not have as many provisions.

With benefits like interoperability, decentralization, a huge engaged community, and a myriad of DeFi use cases, it is safe to predict that RenQ Finance (RENQ) will easily replace Solana (SOL), which is losing favor in the industry.

Website: https://renq.ioWhitepaper: https://renq.io/whitepaper.pdf

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Will RenQ Finance (RENQ) Replace Solana (SOL)? - Hindustan Times

Anton Babak and Olena Voynich, both part of a joint initiative between the Kyiv School of Economics (KSE) and the Munk School, have won the First Annual KSE-Munk Policy Brief Competition.

Part of the MITACS Globalink research project to fund Ukrainian students at the Munk School, the Policy Brief Competition is part of a broader effort by KSE and the Munk School to train a new generation of policymakers who can aid Ukraine during the war and help to build strong, accountable institutions that support democracy and economic growth when the war ends.

The in-person competition, which took place on at the end of April, featured 10 contestants. The nine policy briefs they presented covered topics critical to Ukraines development in the context of war: veterans mental health, NATO, education policy, policies to reduce corruption in procurement, decentralization, criminal justice reform, and tax policy.

Since October 2022, Munk School professors Drew Fagan, Ian Shugart and Lucan Way have helped the students develop research topics, formulate policy recommendations, and organize their arguments in a clear and convincing way. The contestants alsoreceived individual guidance fromprofessors and specialists from across the University of Toronto and the University of British Columbia.

I was impressed by the students dedication, unflagging enthusiasm and capacity to work in often trying circumstances, said Way. All of the students developed highly focused briefs that were sensitive to the challenges facing Ukraine today.

The winning policy briefs focused on tax reform and criminal justice reform. Babaks report analyzed the Diia City, a special legal and tax regime for information technology businesses in Ukraine. According to his analysis, the Ukrainian government lacks an adequate tool to assess the efficacy of this policy. Babak proposed an assessment framework, relying on existing data, that would allow decision makers to identify whether or not a policy is achieving its goals of formalizing IT activity, a process that currently occurs informally. Babaks plan also allows the government to assess whether the tax regime is facilitating IT investment and growth.

Voynichs work addressed ways to mitigate problems caused by overcrowding and inhumane living conditions in the Ukrainian prison system. Such conditions, which have worsened since the Russian invasion, have sparked multiple judgements against Ukraine by the European Court of Human Rights and other international bodies. To address these issues, Voynich proposed decreasing the length of sentences for nonviolent crimes and expanding the use of probation as an alternative to prison time.

The competition jury unanimously agreed that both briefs reflected detailed research, thoughtful analysis and a careful consideration of the Ukrainian context.

The winning reports will be presented in front of high level Canadian and Ukrainian decision-makers with the hope that they may provide Canada with a deeper understanding of the issues confronting Ukraine and help inform policy in Ukraine.

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Winners announced at First Annual KSE-Munk Policy Brief ... - Munk School of Global Affairs

It seems that everyone plans to onboard the next billion people to Web3. Nike, Time Magazine, Budweiser, Nickelodeon, and a host of other influential brands (nft now included!) have all promised to onboard the masses. But what will it really take to bring blockchain tech from niche to mainstream?

Looking at the progress so far, it seems very few have any serious idea of how to make the metaverse a reality.

So, to try and determine what might break down the barrier between Web2 and Web3 once and for all, we turned to experts and holders of the Now Pass the access pass to the Now Network, the foundation for all of our initiatives to build the future of tokenized media and pioneer a community-centric media model for input.

Heres what the citizens of the blockchain had to say.

The need for education was echoed by many. According to several members of the Now Pass community that we spoke with, education remains the most important consideration in relation to bringing NFTs to the masses. Notably, this means going beyond airdropping interested enthusiasts a link to an NFT 101 guide. Rather, educating consumers about the potential of Web3 must be a more active process.

As Now Pass holder and brand marketer Liam Darmody puts it, the Average Joe still considers NFTs to be nothing more than internet JPEGs. It sounds cliche, but [Web3 needs to focus on] education, utility, and practical application. The average person in the masses hears Web3 and thinks cartoon jpegs, Darmody wrote in an nft now Discord chat.

RELATED READING: What is the Metaverse? A Complete Guide to Our Web3 Future

Its easy to understand why, but the fact is that theres so much more to NFTs and Web3 tech than that. The easier we make it for normies to understand that these technologies are just an evolution of other things we do today, the faster [mainstream adoption] will happen, he added.

Now Pass holder Sprite offered more insights into this topic, saying that education, paired with popularization, will lead Web3 closer to bridging the gap to mainstream consumers. Web3 technology needs better education and popularization to help more people understand its advantages and opportunities. This can be done by organizing online courses, holding lectures and seminars, publishing articles and books, etc., they wrote.

Now Pass holders arent alone in their thinking. The team behind the NFT marketplace Kreatorhood also say that education is the first and most important step.

In the same vein as bettering education, some said that a shift in perspective or perhaps even a total rebrand of NFTs might help those outside of Web3 to gain interest in the blockchain.

To some, like Sprite, this means bringing better social media marketing strategies to Web3 in order to communicate the concepts and applications of blockchain technologies to a wider audience. But to others, it means getting consumers excited about what the blockchain actually is and does, offering context that is unclouded by the negative connotation that NFTs might possess.

Too many people hear NFT or Web3 and think scam or Ponzi scheme when they should be thinking access pass and suite of community-centric building tools.' CD, Now Pass holder and the Founder of the Web3 writers community Vagabond Magazine, said. Adding that, we need to start using NFT as a technical specification, not a categorical description. We need to spend more time focusing on the ethical building blocks of Web3 instead of the focus too often being on the money.

RELATED READING: Blockchain 101 All the Basics Explained

Adding to this point, Now Pass holder The Big Gooey suggested that transparency could potentially contribute to users receiving a better preliminary understanding of Web3. He went on to remark that perhaps it was the reluctance of Web2 companies to discuss their URL or back-end structures openly that mightve trained customers not to care about whats going on behind the curtain in the first place.

Writing in the nft now Discord, he said, I worry sometimes were too worried about getting people into crypto before we get them into the concept or idea we are going for.

Yet there are those still on the other side of this argument who believe that getting users in the door really should be a primary concern of the Web3 community. To them, exposing consumers to the access passes and suites of community-centric building tools that CD referred to could be the fastest way to bridge the gap between web2 and Web3.

Over the past few years, integration has become known at times to be a buzzword akin to community and utility. Yet, similarly to how the latter two terms have come to bear weight in Web3, so too has the idea that integration and practical application might hold significant importance for onboarding the masses.

The Web3 community needs to launch more innovative and practical applications to let people feel the actual value of Web3 technology. These applications should solve real-life problems such as digital identity, secure payments, decentralized social media, and more. Sprite wrote in the nft now Discord.

Even beyond education and improving public sentiment, integration remains top of mind for the many builders aiming to lower the bar of entry into Web3. To these such stewards of blockchain technology, and to the point made previously by Darmody, it isnt enough to simply get users in the door. The NFT community must do more to communicate the efficacy of Web3 to even those who are skeptical.

[The Web3 community] needs to focus on targeting large companies and local governments to accept crypto payments for goods and services, Now Pass holder Crypto La Rvolution said. No one is going to adopt something that is not usable in their day-to-day life. A huge win would be if Amazon or Alibaba accepted crypto payments.

Of course, such an expansion would mean a major win for Web3. And while the proliferation of Soulbound Tokens and other innovative tokenized endeavors might yield similar results in the campaign to go mainstream, the barrier of entry for many Web3 technologies must be taken into account for the practical part of practical application to become a reality.

Current Web3 applications and wallets often require users to have technical knowledge and understanding of blockchain concepts to use, which is a huge barrier for most people. Therefore, the Web3 community should focus on improving the user interface and interaction design to make it more intuitive and understandable, wrote Sprite.

Yet, a throughline can be drawn among the many ideas of how we might break the barrier between Web2 and Web3. And that is this: Web3 leaders must focus on decentralization and truly let their community lead.

While this focus on decentralization may seem like a given in Web3, it is sadly missing in many projects and platforms. This is why Xoao, a Now Pass holder and CryptoSkulls Community Lead, felt that the point was worth reiterating.

Regarding what we should focus on: I think we should create a platform that gives other NFT communities a voice through community building. Particularly through projects and DAOs that empower talented artists and builders to create and network with like-minded people, Xoao said in the nft now Discord.

And added that, ultimately, this is the most critical component of Web3. The history and provenance of the blockchain is a really important part of NFTs. The cultural significance of the innovation of NFTs is part of our legacy, and I think it should not be forgotten when it comes to Web3 education and the benefits, potential, and opportunities it brings to the community, he said.

Editors note: Want to share your thoughts and insights with nft now readers? Were working to build a more community-centric media model. Head over to the Now Pass website to learn more.

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What Will It Really Take To Make Web3 Mainstream? - nft now

We believe this approach will lead to a more customer-centric organization, resulting in greater customer satisfaction and loyalty, says SALTO North America President Bill Wood.

NORCROSS, Ga. SALTO Systems has announced the appointment of three new area leaders for the West, Southeast, and Northeast regions of North America. The move comes as part of the organizations decentralization initiative to enhance customer service, foster a culture of learning, and ensure sustainable growth.

Im proud that our team and organization has grown and achieved the ability to begin to realize this decentralized vision. Many within our team have been working hard behind the scenes to arrive at this moment, says SALTO North America President Bill Wood. Decentralizing our organization allows us to get closer to our customers and better understand their needs. By moving decision-making closer to the customer, we can respond more quickly to their needs, improve our service offerings, and ensure that we are meeting their expectations.

We believe this approach will lead to a more customer-centric organization, resulting in greater customer satisfaction and loyalty, and will help us attract and retain top talent, enhance our organizational capabilities, and drive innovation, Wood continues.

Joe Buist has been named area leader for SALTO West. Buist, who has been in the security industry for nearly two decades, has worked for SALTO for 11 years in a variety of technology and sales roles and most recently served as senior regional sales manager for the West. Prior to joining SALTO, Buist served as a loss prevention director for the Waldorf Astoria Hotel, account executive for Integra Telecom, and area loss prevention manager for Harmons Grocery.

The quality and innovation that SALTO puts into developing electronic locks and access control solutions are what drew me to the company over 10 years ago. Im grateful to have worked in many areas for SALTO and know that my extensive experience at many levels will help in this new opportunity to lead the West in connecting with and servicing our valued partners and customers, says Buist.

Steve Burk is the area leader for SALTO Southeast. Burk most recently served SALTO as director of marketing and industries. Before joining SALTO four years ago, his career included marketing and sales leadership with Delta Material Services, Avaya, Inc., and IBM Corporation. His specialties include leading direct and channel marketing, strategic planning, operational effectiveness, channel sales, and key vendor relations.

Having successfully directed multi-faceted assignments and assumed key roles in the development of high-visibility, high-impact projects, I look forward to leading the Southeast area team and working with David and Joe. Together, with our customer-first philosophy, we will deliver unparalleled customer value, says Burk.

David Latreille is the area leader for SALTO Northeast. He most recently served SALTO as international program manager, delivering complex programs to SALTOs largest clients around the world. An end user advocate and disciplined agile evangelist, he says he looks forward to sharing the experiences of the last five years at SALTO with his team and their customers.

As a people-over-process leader, Im honored to be given the opportunity to work with such an amazing group of individuals here at SALTO. We recognize that every single employees contribution is essential to our success, and I look forward to playing my part in our evolution, says Latreille.

Were thrilled to welcome Joe, Steve, and David to their new roles. With their extensive industry knowledge, experience, and leadership, they will be instrumental in driving SALTO s decentralized approach, delivering unparalleled customer value, and ensuring sustainable growth, says Wood.

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SALTO Systems Adds Area Leaders for Three Regions in North ... - Security Sales & Integration