Category Archives: Decentralization
The Future of Mobile Technology: How Cryptocurrency Will … – Telemedia Online
In recent years, another innovation has emerged that is set to change how we interact with our devices and each other cryptocurrency.
This article will explore the intersection of mobile technology and cryptocurrency and how this technology could impact our lives in the UK. From secure mobile payments to the decentralization of traditional financial institutions, we will examine the possibilities that await us.
One of cryptocurrencys most significant potential impacts on mobile technology is the ability to make secure mobile payments. Most mobile payments are made using credit or debit cards linked to centralized financial institutions. This makes cryptocurrency a speedy way to make mobile payments.
For example, companies like Apple and Google could integrate cryptocurrency wallets into their mobile payment systems, allowing users to make secure transactions without needing a credit or debit card.
Another potential impact of cryptocurrency on mobile technology is the decentralization of traditional financial institutions. Currently, banks and other financial institutions have a monopoly on the control of money. This means that they have the power to create and destroy wealth, which can significantly impact our lives.
Cryptocurrency, on the other hand, is decentralized. This creates a more democratic financial system that is not subject to the whims of a few influential individuals.
As cryptocurrency becomes more widely accepted, we expect to see more decentralized financial institutions not controlled by a central authority. This could include mobile banking systems not linked to traditional banks, allowing users more control over their finances.
In addition to decentralizing financial institutions, cryptocurrency could increase financial inclusion. For example, many people in the UK are currently excluded from the financial system because they need access to traditional banking services. This includes the unbanked or underbanked and those who need the necessary identification documents to open a bank account.
On the other hand, cryptocurrency does not require identification documents, making it accessible to anyone with a mobile device. This means that people currently excluded from the financial system could have access to a decentralized monetary system not controlled by a central authority.
As more companies adopt cryptocurrency, we expect to see more mobile wallets accessible to everyone, regardless of their financial status or identification documents.
Finally, cryptocurrency could also significantly impact the privacy and security of our mobile devices. Most mobile devices currently store our personal information, including contacts, messages, and browsing history. This means our personal information is less vulnerable to hacking, as it is not stored in a centralized location.
As cryptocurrency becomes more widely accepted, we expect more mobile applications to incorporate blockchain technology to protect user privacy. For example, we could see messaging apps that use blockchain technology to encrypt messages and protect user data.
Furthermore, the use of cryptocurrency could also lead to greater control over our data. Currently, many companies collect and sell our data without our consent. On the other hand, cryptocurrency allows users to have greater control over their data, as transactions are recorded on a public ledger accessible to everyone.
The adoption of cryptocurrency and its integration into mobile technology is challenging. This has led to difficulties in regulation, security, and scalability.
Unfortunately, there is no universal regulation for cryptocurrency, and different countries have different approaches to its law. For example, in the UK, the Financial Conduct Authority (FCA) has taken a cautious approach to regulating cryptocurrency, as it is still largely untested, and there are concerns about its potential use for criminal activity.
However, as the technology becomes more widely accepted, we can expect to see greater regulation that will help to protect users and ensure the security of transactions.
Another challenge facing the adoption of cryptocurrency is security. While cryptocurrency is inherently secure due to its use of blockchain technology, several high-profile hacks and breaches have exposed vulnerabilities in the system. As such, users need to take appropriate measures to protect their wallets and ensure the safety of their transactions.
Finally, there are concerns about the scalability of cryptocurrency. While blockchain technology is inherently scalable, the increasing popularity of cryptocurrency has led to challenges in processing transactions quickly and efficiently.
This has led to delays and high transaction fees, making it difficult for users to adopt cryptocurrency as a viable alternative to traditional payment methods. As such, developers must continue innovating and developing solutions that address these scalability challenges.
Despite the challenges facing cryptocurrency adoption and its integration into mobile technology, several compelling use cases already demonstrate this technologys potential.
One of the clearest use cases for cryptocurrency and mobile technology is mobile payments. Cryptocurrency is a viable alternative to traditional payment methods, as it is inherently secure and allows quick and efficient transactions. Moreover, cryptocurrency can be used for international payments, making it a valuable tool for people who travel frequently or work with clients overseas.
Another potential use case for cryptocurrency and mobile technology is identity verification. For example, many people worldwide need access to traditional banking services due to a need for identification documents. However, with cryptocurrency, users can create a secure and anonymous digital identity that can be used for financial transactions.
This can increase financial inclusion and give more people access to the benefits of the global financial system.
Finally, there is the potential for cryptocurrency to disrupt traditional financial institutions through the development of decentralized finance (DeFi) applications.
These applications include peer-to-peer lending platforms, decentralized exchanges, and automated market makers. DeFi applications offer a more efficient and cost-effective way to access financial services by removing the need for intermediaries and centralized institutions.
The future outlook for the intersection of mobile technology and cryptocurrency is exciting and full of potential.
With the rise of decentralized exchanges like British bitcoin profit and the increasing popularity of non-fungible tokens (NFTs), there is a growing demand for secure and efficient ways to buy, sell, and trade cryptocurrency.
Moreover, with the development of advanced trading tools and algorithms, we can expect new solutions that make it easier for traders to manage risk and maximize their returns.
As the technology becomes more widely accepted, we expect greater regulatory oversight and a move toward universal rule. This will help protect users and ensure the security of transactions while providing greater clarity and stability for businesses and investors.
Again, as the technology becomes more sophisticated, we can expect to see new solutions that address the vulnerabilities in the system and make it more secure.
This includes the development of new encryption algorithms, the use of multi-factor authentication, and the development of more secure mobile wallets and applications.
Finally, we can expect to see significant developments in scalability. As the popularity of cryptocurrency continues to grow, developers are working on new solutions that can process transactions quickly and efficiently without compromising security.
This includes the development of new consensus algorithms, using off-chain transactions, and developing layer-two solutions that can handle a large volume of transactions without overloading the blockchain.
The intersection of mobile technology and cryptocurrency can transform how we think about finance and payments. From secure mobile payments to decentralized finance, the possibilities are endless.
With the right approach to regulation, security, and scalability, we can create a more secure, democratic, and inclusive financial system accessible to everyone, regardless of their economic status or identification documents. As such, businesses, developers, and regulators need to work together to ensure the success of this technology and create a better future for everyone.
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The Future of Mobile Technology: How Cryptocurrency Will ... - Telemedia Online
Experts: Strengthening Civic Identity and Promoting Kazakh … – Astana Times
ASTANA Kazakhstan is on the path of modernizing its political system and economic structure to adjust to the ever-changing circumstances amid geopolitical shifts, wrote Nikita Shatalov, a member of the Mazhilis, the lower chamber of the Kazakh Parliament, in his Telegram channel on April 27. He was reacting to President Kassym-Jomart Tokayevs speech at the 32nd Session of the Assembly of the People of Kazakhstan (APK).
32nd Session of Assembly of People of Kazakhstan on April 27. Photo credit: Assembly of People of Kazakhstan.
Tokayev, according to Shatalov, rightly underlined the vital role of the APK in local self-government and in resolving dense living conditions of diverse ethnic groups, particularly in rural areas.
This is a general trend related to the decentralization of management at all levels, as well as an increase in diversity and representation of interests, he wrote.
Shatalov also addressed the strengthening of civic identity, outlined by Tokayev in his address.
Nikita Shatalov. Photo credit: Kazinform
This is not an easy path to take amid information wars, which are also causing havoc in our society. However, it is critical to recognize our position as a political nation. We are, first and foremost, a nation bound together by shared symbols and a way of life developed in a multicultural environment, he wrote.
According to Shatalov, the Kazakh nations fusion of many cultures and languages makes the country stronger and more resilient in the face of various crises, supporting the resolution of any difficulties, regardless of their complexity.
Andrey Shin, chairman of the Almaty Korean National Center, a member of the Almaty maslikhat (local assembly), and president of the Shin-Line group of companies, echoed Shatalov.
Talgat Kaliyev. Photo credit: Kaliyevs Facebook Page.
Shin told Kazinform Kazakhstan found a winning formula to develop a well-balanced interethnic policy in the early days of its independence. He noted that following the fall of the Soviet Union, sovereign countries proposed advanced forms of interethnic relations and affirmed the equality of ethnic groups, languages, and cultures in their constitutions. Yet, many of them faced interethnic conflicts.
As we saw later, no efficient mechanisms for implementing such declarations were established, which is why interethnic conflicts occurred. Kazakhstan avoided this by relying on the APK as a stabilizing institution. As a result, our countrys interethnic harmony policy has shown to be highly effective, Shin said.
In his speech, Tokayev stressed the importance of maintaining unity, committing to preserving peace, and not falling into the trap of foreign information wars or ideological disputes to strengthen the Kazakh nation.
According to Shatalov, the country will be pragmatic and will focus solely on its national interests, regardless of what is going on around it, which is critical in todays geopolitical context. He also stated it is crucial to follow Tokayevs caution not to fall for provocations aimed at destroying the Kazakh society.
President Tokayev also mentioned in his speech that the Kazakh language will be a crucial component of the countrys policy. He emphasized that learning and striving to master the state language must become an everyday norm in our society.
The Kazakh language will unite Kazakh citizens and create trust in one another. Demographics will drive a rise in the use of the Kazakh language. This is a deep social trend. Bilingualism will soon become the norm for most Kazakh citizens, Shatalov wrote.
Andrey Shin. Photo credit: holodinfo.ru
Director of the Institute for Applied Ethnopolitical Research Talgat Kaliyev wrote on his Facebook page that the state language is becoming one of the key indicators of civic identity, with discussions around it being neither ethnic or cultural, but rather directly civic.
For this reason, claims against Russian-speaking Kazakhs are frequently made. It is worth noting that they occasionally originate from Kazakh-speaking members of other ethnic groups, he wrote.
Kaliyev noted that while organizing language learning, it is important to ensure the availability of high-quality content in Kazakh, including timely dubbing of international films, translation of renowned world literature, and newly published bestsellers.
According to him, the country should not do this for profit but rather fund all efforts in this field until the state language becomes dominant in all aspects of life in Kazakhstan.
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Experts: Strengthening Civic Identity and Promoting Kazakh ... - Astana Times
Ethereum is going to transform investing – Cointelegraph
Ethereum is often depicted as traditional finances adversary in a Manichean struggle for decentralization. In reality, there isnt any conflict at all. Rather than subverting the traditional financial sector, Ethereum is improving it. Soon, the two systems will be inextricably entwined.
Ethereums core value propositions self-custody, transparency and disintermediation are enormously relevant to financial institutions, and they can be realized within existing regulatory frameworks. Ethereum has already taken the first steps toward institutional adoption, and with its unmatched network decentralization, it is all but destined to become the primary settlement layer for the worlds financial transactions.
Ethereum isnt here to deliver a stateless alternative currency or an anonymized shadow economy. What it offers is simple: neutrality.
Ethereum is the global financial systems first truly unbiased referee, and its arrival couldnt be more timely. The geopolitical stability afforded by the United States preeminence is eroding, and domestic politics in major economies have become increasingly volatile. In a multipolar world, the financial system urgently needs to maintain reliable rules of the road.
Related: Thanks to Ethereum, altcoin is no longer a slur
Ethereums system for settling transactions and storing data is practically incorruptible. That is largely because of the unrivaled decentralization of its consensus layer, which spans more than 500,000 validators distributed among more than 10,000 physical nodes in dozens of countries. Despite concerns to the contrary, Ethereum is trending toward greater decentralization over time, not less.
To be sure, Ethereum will never replace traditional contracts or legal authorities for mediating disputes. What it promises, with its inviolable and unbiased code, is to prevent countless disputes from arising in the first place.
From Celsius to FTX and Silvergate, the events that led up to crypto winter speak more to the shortcomings of traditional finance than to the failings of crypto. In each instance, the classic principal-agent problem was worsened by lax oversight and overcentralization.
Historically, the default approach to this problem has been regulation. Greater oversight is certainly needed, but Ethereum offers more foundational solutions. Trustless smart contracts and distributed ledgers can remove certain dimensions of the principal-agent problem entirely.
Soon, Ethereum and its scaling chains will permeate traditional banking and asset management. From savings accounts to retirement portfolios, virtually every investor will self-custody their assets in trustless smart contracts, and carefully regulated on-ramps will render the tokenization of fiat currencies virtually frictionless.
Meanwhile, investors and, eventually, regulators will insist that asset managers report fund performance using trustless on-chain oracles. In these areas, Ethereum wont run afoul of regulations, it will reinforce them. Eventually, authorities will become as attentive to the technical specifications of smart contracts as they are to required liquidity reserves.
The future of Ethereum is not permissionless. Identity-based permissioning will be standard fare, but so seamless as to be practically unnoticeable. With the proliferation of central bank digital currencies, state censorship will be a serious concern. Laws restraining governments from arbitrarily freezing digital assets will gather significant political momentum.
In short, Ethereum has the potential to dramatically reduce private financial malfeasance, but its impact on state censorship will be more limited.
Ethereums future may still be far off, but its building blocks are already here. Decentralized finance (DeFi) overheated into a speculative conflagration in 2021, but that frenzy of activity spurred considerable innovation. The technology now exists to create a wide array of disintermediated markets and tokenized financial instruments.
What is missing is connectivity with the broader financial system. That is the focus of an emerging class of regulated fiat-to-crypto on-ramps and custodians, such as Circle. The U.S.-based company had laid the foundation for the digital economy with USD Coin (USDC), its tokenized dollar. Circle is now building out additional critical infrastructure, such as hybrid fiat-and-crypto accounts that on-ramp directly to Ethereum and its scaling chains.
Related: Federal regulators are preparing to pass judgment on Ethereum
In the coming years, expect to see a proliferation of tokenized securities, starting with risk-off fixed-income assets. There will also be heavy investment in Ethereum staking pools, which will emerge as a critical strategic asset in the institutional crypto market. Other areas of focus will include on-chain financial reporting, streamlined user flows for regulatory compliance and institutional-grade tokenized derivatives.
To be sure, a recent spate of enforcement actions has cooled development activity in the U.S., but it will remain a major market for the coming wave of regulated protocols.
The surge in regulatory pressure on crypto, particularly DeFi, marks the end of an era. Large swaths of Ethereums ecosystem, especially protocols that cant or wont adapt to the changing landscape, will effectively be weeded out. Those that remain, however, will be well adapted to integration with the existing financial system. Ethereums transformative impact on traditional finance has only just begun.
Alex ODonnell is the founder and CEO of Umami Labs and worked as an early contributor to Umami DAO. Prior to Umami Labs, he worked for seven years as a financial journalist at Reuters, where he covered M&A and IPOs.
This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts and opinions expressed here are the authors alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
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What Is Bitcoin Mining Centralization and Why Is It a Concern? – MUO – MakeUseOf
When building Bitcoin, Satoshi Nakamoto envisioned a decentralized digital currency that could operate without the need for centralized institutions such as banks and governments.
Satoshi did not picture a situation where a few entities controlled a significant portion of the entire network, essentially centralizing power and influence.
Bitcoin mining centralization, a result of market competition over the years, goes against the fundamental principle of cryptocurrency.
Bitcoin mining centralization is the concentration of mining power among a few dominant players. Originally, anyone with a computer and internet connection could mine Bitcoin. However, the network grew with time, and as a result, mining became more competitive.
This led to the development of specialized chips known as ASICs (Application Specific Integrated Circuits), which outperformed GPUs and CPUs by being more efficient. Unfortunately, ASICs are expensive and out of reach for most people, and the fact that newer, better, but more costly versions are released exacerbates the situation.
Miners began to form pools to combine their computing power and share the rewards earned. The largest pools also acquire the latest technologies to stay ahead of the competition, which caused others who couldn't keep up to drop off.
Over time, a few large mining pools, including Foundry USA, Antpool, and F2Pool, have come to dominate the Bitcoin mining industry, controlling a significant percentage of the total hash rate at any given time. This beats the logic of cryptocurrency, which is supposed to distribute power among many players.
Several factors contribute to the centralization of Bitcoin mining. Most of these factors also apply in a typical competitive market. They include
While Bitcoin mining centralization is a natural process inspired by competition, it presents a few challenges to the network and ecosystem.
All these challenges require careful consideration and action if the integrity and security of the Bitcoin ecosystem are to be preserved. But how?
Over time, various parties have suggested ways to solve the centralization issue.
Bitcoin Core developer Matt Corrallo proposed the BetterHash Protocol, which involves decentralizing the selection of transactions going into a block to individual hardware operators. However, it didn't provide a mechanism that would ensure miners will choose transactions that create a balanced difficulty for the Bitcoin network hence opening another loophole for centralization. It also introduced inefficiencies due to the need to constantly monitor the network, which was hard to adopt.
Meanwhile, the crypto mining pool P2Pool suggested decentralizing payouts to address the issue. However, by decentralizing payouts, small miners who rely on consistent payouts to cover costs would be disadvantaged. Also, it required low-latency connections between miners and the P2Pool server, which meant whenever a miner experienced high latency, their mining performance would be negatively impacted. For these reasons, it didn't incentivize its adoption.
The most direct way to solve Bitcoin mining centralization is to decentralize the mining pools. This can be achieved through incentives that encourage the use of smaller and more decentralized mining pools. A practical incentive would be to fund innovation and experimentation by small miners, leading to better and more competitive mining strategies.
Notably, former Twitter CEO Jack Dorsey's payment company, Block, started working on an open Bitcoin mining system to make the network more decentralized and permissionless. Block aimed to build its own high-performance open-source ASIC and a Bitcoin wallet to make Bitcoin custody more mainstream.
Nevertheless, incentives alone may not be enough to encourage decentralization. Regulatory policies, network upgrades, and community initiatives may also be necessary to encourage the growth of smaller and more decentralized mining pools.
It's difficult to predict that Bitcoin mining will become more decentralized. Mining power will remain centralized among dominant players as mining becomes more expensive.
Due to economies of scale and other bottlenecks, smaller miners continue to struggle against the big dogs. As a result, it would take tremendous efforts by the rest of the Bitcoin network to implement strategies and solutions to solve Bitcoin mining centralization.
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What Is Bitcoin Mining Centralization and Why Is It a Concern? - MUO - MakeUseOf
What’s a Better Buy: Ethereum or Solana? – The Motley Fool
Since Ethereum (ETH -1.16%) was created in 2015 it has radically altered the cryptocurrency landscape. Thanks to an innovation known as smart contracts, developers could create blockchain-based applications that automatically run and transfer value when certain criteria are met.
Initially, Ethereum was the only smart-contract-capable blockchain, but in recent years this has changed. New blockchains have come into existence that not only offer smart contract functionality, but also a slew of other features hoping to build off of Ethereum.
One of those blockchains is Solana (SOL -0.19%), a blazingly fast smart contract blockchain that has a considerable user base and is the 10th most valuable cryptocurrency by market cap. Many believe Solana could eventually outdo Ethereum as the premier smart contract blockchain, but those hopes might be greatly inflated.
Image source: Getty Images.
First, let's address the elephant in the room: Solana's multiple outages. Over the past year, Solana has experienced at least six network outages, including the most recent one in February where the blockchain was down for more than 18 hours, disrupting a number of exchanges and apps running on the network.
In contrast, Ethereum has a proven track record of stability and reliability. Ethereum's network has been operating smoothly for years, even with the increasing demand for decentralized applications and smart contracts.
Another key factor to consider when comparing Ethereum and Solana is the total value locked (TVL) metric. TVL is an important measure of the adoption and usage of a blockchain in the world of decentralized finance (DeFi). Since DeFi functionality is one of the primary use cases for both Ethereum and Solana, evaluating TVL can be an easy way to compare the two.
Ethereum utterly dominates the decentralized finance (DeFi) market with a TVL of more than $31 billion, compared to Solana's TVL of just over $292 million. That means Ethereum supports 100 times more value in DeFi than Solana. Clearly, the competition isn't even close and demonstrates the greater adoption and usage of Ethereum's network in the DeFi market. From this perspective, Ethereum is a much more attractive investment option for those looking to tap into the growing DeFi niche.
Fans of Solana often say that it has some of the fastest transaction speeds. While this is true, it distorts the purpose of a blockchain. One of the primary reasons blockchain technology is so profound is because it allows users to transfer value in a decentralized and secure fashion. While Solana prioritizes speed, it sacrifices higher levels of decentralization and security found in Ethereum.
Although many are quick to point out that Ethereum moves at a snail's pace compared to Solana, they also fail to realize that there is serious progress being made to narrow this gap thanks to new solutions known as Layer 2s.
Through the use of Layer 2 solutions such as Optimism, Polygon, and Arbitrum, Ethereum is transformed into a lightning-fast network, while also maintaining its decentralized and secure nature. As these solutions continue to be developed and adopted, Ethereum's competitive advantage over Solana will likely become even more apparent.
So, what does this mean for investors looking to pick between Solana and Ethereum? Although Solana may seem like a tempting option with its impressive speed, the lack of value it supports in DeFi and the sacrifices in decentralization and security make it a riskier investment, especially considering it still remains down more than 90% from its all time high.
Ethereum, on the other hand, has a proven track record and a solid foundation in the decentralized finance market. Its market dominance, along with the development of Layer 2 solutions, makes it a safer and more promising investment for those looking for long-term growth.
RJ Fulton has positions in Ethereum, Polygon, and Solana. The Motley Fool has positions in and recommends Ethereum, Polygon, and Solana. The Motley Fool has a disclosure policy.
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Hedera (HBAR) And Shiba Inu (SHIB) Are Shaky; Invest In The New … – Tekedia
If you are looking for a new investment opportunity in the crypto space, you might want to consider TMS Network (TMSN). This Ethereum-based decentralized trading platform aims to provide an efficient, transparent, and secure way of digital trading assets. TMS Network (TMSN) allows users to trade various assets including stocks, CFDs, cryptocurrencies, and forex in a decentralized environment using crypto payments. The TMS Token powers TMS Network to settle instant trades and transactions on the platform. The token can also be used to access other features of the network. These include decentralized exchange, voting, and governance.
TMS Network (TMSN) has recently emerged as a favorite among cryptocurrency investors following a 2000% gain in just two months. Investors in shaky ecosystems such as Hedera (HBAR) and Shiba Inu (SHIB) are now flocking to TMS Network (TMSN) as a hedge against the losses suffered by these two cryptos.
Hedera (HBAR) is a cryptocurrency that runs on a blockchain known as a hashgraph. The Hedera (HBAR) Hashgraph enables cryptocurrencies, smart contracts, and distributed apps (DApps). Hedera (HBAR) claims to be faster, more efficient, and more secure than traditional blockchain platforms. However, Hedera (HBAR) has some drawbacks that make it less attractive to investors.
One of the main drawbacks of Hedera (HBAR) is its centralized governance structure. Hedera (HBAR) is governed by a council of 39 members, including corporations like IBM, Google, Boeing, LG, and Tata Communications. These members can decide on the networks policies, fees, node operations, and consensus algorithm. While this may ensure stability and compliance, it also limits innovation and decentralization.
Another drawback of Hedera (HBAR) is its lack of interoperability with other blockchains. Hedera (HBAR) uses its proprietary consensus algorithm hashgraph. Hashgraph is incompatible with other blockchain standards like Ethereum or Bitcoin. This means Hedera (HBAR) users cannot easily interact with other networks or benefit from their innovations.
Shiba Inu (SHIB) is a token that aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular memecoin. Shiba Inu (SHIB) is intentionally abundant with a total supply of one quadrillion Shiba Inu tokens. The Shiba Inu (SHIB) Token ecosystem supports projects such as an NFT art incubator and the developing of a decentralized exchange called Shibaswap.
Shiba Inu (SHIB) is mainly driven by hype and speculation rather than fundamentals or utility. It has no clear use case or value proposition other than being a meme coin that aims to challenge Dogecoins dominance. Shiba Inu (SHIB also faces fierce competition from other meme coins that have emerged in recent months.
Shiba Inu (SHIB)s price is highly volatile and unpredictable, depending mainly on social media trends and celebrity endorsements. For example, Shiba Inu (SHIB)s price surged by over 1000% in May 2021 after Elon Musk tweeted about his pet Shiba Inu (SHIB) dog. However, it also crashed by over 80% in June 2021 after Vitalik Buterin donated half of his Shiba Inu (SHIB).
TMS Network is a platform that allows users to trade all derivatives via cryptocurrency payment. Users can trade across all major exchanges without ever needing to open an account again. TMS Network offers a non-custodial portfolio management solution, which means users always retain complete control over their assets. This eliminates the need to trust a third party with your investments and provides you with greater peace of mind and security.
One of TMS Network (TMSN) goals is to combat financial and trading illiteracy. TMS Network (TMSN)has a social trading feature that allows new traders to learn from more experienced traders, follow their signals, and copy their trades. The platform is compatible with the popular MT4 and MT5 trading platforms, allowing traders to plug in trading bots and strategy builders to automate and optimize trading performance. In addition, TMS Networks powerful back tester tool allows traders to test their strategies before deploying them on the live market.
Traders who hold TMS tokens become a part of the TMS Network. They are paid a commission on trading volumes generated by other platform users. This commission grows in proportion to trading volumes and serves as a financial incentive for increased trading activity on the platform.
TMS Network (TMSN)) has maintained a strong presale campaign. The network is now in the third stage of its presale, with over 40% sold out in just two weeks. TMSN tokens are now worth $0.08, up 2000% since the presale began. TMS Network (TMSN) is poised to continue rallying even after presale, with potential returns of up to 1000x. Take advantage of this opportunity and invest in this gem while its still undervalued.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/@tmsnetwork_io
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Hedera (HBAR) And Shiba Inu (SHIB) Are Shaky; Invest In The New ... - Tekedia
Unlocking agricultures full potential with blockchain and innovative tech – Cointelegraph
Blockchain has been recognized for its potential to transform finance and other industries that rely on data, but what happens when innovation meets the worlds oldest industry agriculture? It turns out that blockchain has a lot to offer to the food and agriculture sectors, especially when merged with other innovative technologies such as artificial intelligence (AI), satellites and the Internet of Things (IoT).
The agricultural sector can join the tech revolution to upgrade every aspect that has to do with transactions and data. For example, blockchain could streamline processes related to the supply chain by increasing traceability and bringing automation to the table.
A report from InsightAce Analyticsfound that blockchain in the agriculture and food supply chain is a market valued at over $280 million as of 2022, and is expected to grow to over $7billion by 2031, demonstrating a compound annual growth rate (CAGR) of 43.76% during that period.
Thanks to its unique architecture that involves decentralization, blockchain ensures the highest possible degree of transparency and traceability, which are key elements in the agricultural sector. Decentralized networks enable participants, including farmers, producers, retailers and exporters, to monitor and address major challenges showing up in the supply chain. Eventually, blockchain records can be used for analysis purposes to improve various aspects of the supply chain.
The adoption of blockchain in agriculture can also help regulatory compliance and reporting. By ensuring the provision of accurate, up-to-date, tamper-proof data, stakeholders can make better-informed decisions and implement proper corporate governance. Decentralized networks also simplify the distribution of certification data among relevant parties.
Besides transparency, blockchain can facilitate other advancements in the agricultural sector. For instance, it can enable better management of land rights, more efficient food safety tracking, and enhanced traceability of inputs like seeds and fertilizers.
Tech giants have realized the potential of decentralized ledger technology for agriculture. For example, IBM provides businesses with a permissioned blockchain platform called IBM Food Trust, which offers multiple features, including proof of origin, traceability, fraud monitoring and documentation, among others.
Agricultural companies can also leverage blockchain solutions that rely on public networks, which ensure a higher degree of decentralization and security. One example is Dimitra, an AgTech company that aims to help farmers reduce the amount of labor required to complete manual tasks by integrating its technology stack, which combines blockchain, AI, IoT, drones and satellites.
Source: Dimitra
Dimitra offers digital solutions to help farmers gather data to make smarter and faster decisions to improve their crop yields and increase sustainability.
For Dimitra CEO Jon Trask, the integration of blockchain and other innovative technologies into agricultural processes is natural and imperative. He said: Every smallholder farmer, regardless of economic status, should be able to benefit from simple, beautiful and useful technology, because when farmers thrive, economies thrive.
Dimitra offers four main AgTech applications:
Source: Dimitra
The Dimitra ecosystem is fueled by its proprietary Ethereum-based token, DMTR. It acts as a utility token for the Connected Farmer app that helps farmers worldwide increase sustainability and make informed decisions.
To spread its mission and technology, Dimitra is also working with governments, agencies, NGOs and for-profit organizations. The company was awarded a contract from the OBC Indian Chamber of Commerce, Industries and Agriculture for deploying its Connected Farmer app to 1.3 million farms for soil assessment and remediation. Elsewhere, Dimitra partnered with an organization in the worlds third-largest fruit producing country, the Brazilian Association of Fruit Producers and Exporters. Its members represent more than 85% of the total fruit exported by Brazil.
Dimitra has demonstrated that integrating blockchain with other innovations like AI, satellites and IoT can revolutionize the agricultural sector. By increasing transparency, traceability and efficiency, these advancements offer major opportunities for improving supply chain management, regulatory compliance and land rights management.
Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain in this sponsored article, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.
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Unlocking agricultures full potential with blockchain and innovative tech - Cointelegraph
Three elected to WDCs without a vote – Avas.mv
Three people have been elected to the Women's Development Committee (WDC)s of three islands without a vote.
The three candidates were the only candidates to apply to run in the annual by-election for the open vacancy on their respective islands' WDCs. Therefore, they were elected to the committees by default.
The members elected without a vote are Aishath Haneefa to Sh. Maaungoodhoo WDC, Waseema Ibrahim to R. Meedhoo WDC, and Liusha Ibrahim to GDh. Vaadhoo WDC. All three members are from the opposing Progressive Party of Maldives (PPM).
When the Elections Commission (EC) opened application to contest the annual WDC by-election for ten islands, no candidates applied from F. Nilandhoo. Therefore, the by-election for the remaining six islands will take place on April 17. The islands are HDh. Finey, K. Dhiffushi, M. Veyvah, Th. Gaadhiffushi, GDh. Hoadeddhoo, and Ga. Maamendhoo.
Under the Decentralization Act, elections were previously held within 60 days of the resignation of a WDC member. However, with the amendment to the Decentralization Act and the WDC election rules last year, the WDC elections will now have to be held once a year. However, if a WDC does not have a quorum, elections will be held within 60 days of the member's resignation.
The decision to hold the by-elections of the WDCs once a year was taken to find a solution to the high expenses incurred for recurrent elections.
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Can Solana (SOL) overtake Ethereum (ETH)? HedgeUp (HDUP … – Analytics Insight
Is Solana (SOL) the Ethereum (ETH) killer that so many believe it to be, or will Buterin remain king of the Layer 1s? HedgeUp offers their token HDUP for presale, and the ability for people to invest in alternative assets like diamonds, watches and fine art. HedgeUp (HDUP) is in its second round of seed funding.
Most are familiar with the basics of Ethereum (ETH) and Solana (SOL), but for those wanting a recap, Ethereum (ETH) is essentially the first digital computer of crypto, the first chain to offer smart contracts thus expanding the functionality of the blockchain greatly. Ethereum (ETH) is primarily used for DeFi, NFTs and other on chain dapps, and is programmed in Solidity.
Solana (SOL) is a different and newer Layer 1 that is programmed on Rust, a different language that offers some benefits and some downsides but ostensibly is easier to use, but is known by less developers. Solana (SOL) is most famous for being one of, if not the, fastest blockchain in real transaction speed. Ethereum (ETH) currently processes around 25-30 TPS and Solana (SOL) can do an exciting 700 TPS, with the potential to go much faster.
Still, Vitalek Buterin, creator of Ethereum (ETH), says that the future of ETH lies in Layer 2s and zkrollup solutions such as Polygon or Arbitrum, which greatly increase speed and scalability and decrease fees, whilst still making use of the safety and decentralization of Ethereum (ETH). If he is right about that, then we may not need Solana (SOL), especially as Solana (SOL) is much more centralized than Ethereum (ETH). This is important since decentralization prevents 51% hack attacks and helps to keep chains accountable, unlike say, TerraFormLabs, whose centralisation ultimately made it possible for founder Do Kwon to get away with shady practices.
Solana (SOL) is known for being unreliable and the blockchain has frozen and had to be restarted on more than one occasion, with outages lasting several hours.
Now lets ask this: how much money would it take for Solana to overtake Ethereum in terms of value? Solanas Fully Diluted Value (FDV) is around $11bn and Ethereums is over $220bn, thats approx 1845% more! Solana (SOL) is currently trading at around $21.70, so if this growth were to happen (and ETHs price didnt change at all), then Solana (SOL) would be worth around $320 a coin. However for this to happen we would need to see way bigger adoption as it would take over $200bn of new investment into Solana (SOL) to make this possible, and that isnt on the horizon any time soon as far as we know.
High percentage increases in established coins are unusual, meaning that it is harder to make very high returns with coins like SOL and ETH. Although they make a great addition to a crypto portfolio, to benefit from the really crazy growth that we have seen, its best to add some new and upcoming cryptos to your portfolio, such as HedgeUp (HDUP).
In a world where inflation is rising, the stock market is not doing well, and there are global macroeconomic problems, where can you put your money so that it will bring you long term returns? HedgeUp (HDUP) has a solution for that.
HedgeUp (HDUP) enables investors to buy fractions of alternative assets, backed by F-NFTs. Maybe you always wished to own a piece of a Banksy, or even a Gauguin, or perhaps you predict that gold and diamonds are going to go up in value but you cant afford a large amount, or perhaps dont have access at all. HedgeUp (HDUP) will value, tokenize and safely store alternative assets, and then sell the NFT fragments to investors for as little as $1.
HedgeUp (HDUP) is on sale for $0.013 and the HedgeUp (HDUP) team has raised almost half a million dollars in just a few days. With a predicted minimum launch price of $0.09, big gains are likely, especially for PG holders of HedgeUp (HDUP).
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Can Solana (SOL) overtake Ethereum (ETH)? HedgeUp (HDUP ... - Analytics Insight
Dogecoin (DOGE) and Conflux (CFX) Struggle With Weak … – Analytics Insight
The recent surge in Dogecoin (DOGE) and Conflux (CFX) has brought attention to their potential as investment options. Meanwhile, TMS Network (TMSN) has crossed the $4 million mark, providing a safer and more stable option for investors.
In a shocking interview, Twitter CEO Elon Musk disclosed that U.S. government agencies have full access to user activity on Twitter, including direct messages (DMs). This revelation has sent shockwaves through the crypto community, causing the prices of Bitcoin and Dogecoin (DOGE) to plummet. As of press time, Dogecoin (DOGE) is priced at $0.08, down 3% from its 24-hour high. Dogecoin (DOGE) has a 24-hour trading volume of $605.6 million, and a market cap of $12.4 billion.
This news has dealt a heavy blow to the already struggling Dogecoin (DOGE), which has been on a downward trend since its peak earlier this year. The fact that the U.S. government can access user data on Twitter has raised serious concerns about privacy, and the role of technology companies in facilitating surveillance. Dogecoin (DOGE) felt quite the pressure of the Twitter privacy news, and fell from its 24-hour high of $0.0915. It remains to be seen how this will impact the future of Dogecoin (DOGE), but for now, the outlook is grim.
Conflux, the only regulatory-compliant blockchain in China, has proposed integrating Uniswap V3 on its network alongside CNH stable currency, and joining the Curve wars with its mainnet token, CFX, bridged to Ethereum mainnet, known as eCFX. However, despite these promising developments, Conflux (CFX) is struggling to gain momentum in the crypto market, with a price of $0.3, and a 24-hour trading volume of $144.1 million. Conflux (CFX) is down 1.63% in the last 24 hours. The market cap of Conflux (CFX) is $1 billion. Binances recent announcement of supporting Conflux Networks (CFX) mainnet integration was hoped to attract more initiatives, and promote incentives that increase network worth and usage. By deploying Uniswap V3 on Conflux (CFX) eSpace, the Uniswap community gained access to a wider range of trading opportunities with both USD- and CNHC-based pairs. This development is timely in light of regulatory restrictions facing USD-based stablecoins, but its success and impact on Conflux (CFX) remains uncertain.
Confluxs (CFX) cross-chained CFX on Ethereum, eCFX, offers a liquidity pair with ETH on Curve. However, Confluxs (CFX) participation in the highly intricate DeFi ecosystem is unlikely to draw the attention of ETH DeFi players in the current market.
Decentralization is a core tenet of TMS Networks (TMSN) trading platform, making it a revolutionary and unique option in the world of trading. The platform operates without intermediaries, enabling faster, more efficient transactions, and reducing costs for users. TMS Network (TMSN) is transparent, secure, and tamper-proof, ensuring that all transactions are recorded and visible to the network participants. TMS Networks (TMSN) third presale is underway, with over 40% of tokens already subscribed, and a price of $0.080. TMS Network (TMSN) has raised over $4 million, which has solidified its position as a leading cryptocurrency option. The decentralized nature of TMS Network (TMSN) ensures that users have more control over their assets and trades, promoting a democratic and fair trading environment. By removing intermediaries, TMS Network (TMSN) is able to offer a platform that is free from external influences, resulting in a reliable and trustworthy option for traders. TMS Networks (TMSN) commitment to decentralization sets it apart as a platform that prioritizes the needs and empowerment of its users.
As the market continues to face turbulence, TMS Network (TMSN) emerges as a beacon of safety for investors, crossing the $4 million mark in funds raised. Meanwhile, Dogecoin (DOGE) continues to experience decline while Conflux (CFX) proposes an integration with Uniswap v3 and eCFX.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/@tmsnetwork_io
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Dogecoin (DOGE) and Conflux (CFX) Struggle With Weak ... - Analytics Insight