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PancakeSwap Plans to Expand Ecosystem with Alliance Program! #Write2Earn #PancakeSwap #Cake

PancakeSwap Plans to Expand Ecosystem with Alliance Program!

#Write2Earn #PancakeSwap #Cake

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PancakeSwap Plans to Expand Ecosystem with Alliance Program
According to PANews, PancakeSwap is planning to expand its ecosystem by launching an 'Alliance' program, which will allow developers to clone the PancakeSwap platform on other blockchains. CAKE token holders will benefit from successful alliance branches, as they will receive native DEX tokens from the alliance. In addition, a portion of the transaction fees will be used to burn CAKE tokens, reducing the supply.

The Alliance program aims to extend the reach of PancakeSwap and its services, providing more opportunities for developers and users alike. By enabling the platform to be cloned on other blockchains, it will increase the overall accessibility and utility of the PancakeSwap ecosystem. This move is expected to strengthen the position of CAKE tokens and provide additional benefits to its holders.
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Bitcoin's Scarcity Debunked: A Look at the Cryptocurrency's Divisibility According to Blockworks, despite the common belief that Bitcoin is scarce due to its supply limit of 21 million $BTC , the reality is different. The scarcity notion is challenged by the fact that each Bitcoin is highly divisible, up to eight decimal places, resulting in 100 million satoshis (sats) per Bitcoin. This divisibility makes Bitcoin far from scarce. The current circulating supply of Bitcoin, which is 19.68 million, translates to 1.968 quadrillion sats. By 2140, there will be 2.1 quadrillion sats. To put this into perspective, the base money supply of the US dollar is currently less than $5.9 trillion, and the broader M3 is under $20.8 trillion. If Bitcoin is considered scarce, then so should the US dollar. While it's true that only 21 million people can ever own one Bitcoin each, the number of Bitcoin addresses with at least one Bitcoin is slowly growing. Currently, around 1 million addresses have at least 1 BTC. However, it's not clear how many of these addresses are owned by the same person or how many exchange accounts have million-dollar Bitcoin balances. There are also 53 million Bitcoin addresses that have one satoshi or more. If the current supply were suddenly distributed to these addresses, each would receive more than 37 million sats, equivalent to $25,500. This further challenges the notion of Bitcoin's scarcity. The perception of scarcity is attributed to the 'fiat brain', which automatically considers the largest unit when thinking about Bitcoin as a currency. However, sats are incredibly cheap right now, priced at $0.00069 each, and are often overlooked. If every sat were worth the current price of a whole Bitcoin, an even distribution would give every human alive $16.7 billion BTC. #HotTrends #BinanceNews #bitcoinhalvingn
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Cardano Founder Draws Parallels Between AI and Blockchain According to U.Today, Charles Hoskinson, the founder of Cardano, recently used a social media platform to compare blockchains and AI models, emphasizing that short-term narratives often fail. He referenced the rise and subsequent competition faced by Sam Altman's OpenAI, a U.S.-based artificial intelligence research company known for its 'ChatGPT' model. Despite its initial dominance, OpenAI is now facing stiff competition from other language models. In a recent development, Anthropic, an American artificial intelligence startup founded by former OpenAI employees, introduced its Claude 3 family models. These models, according to benchmarks published by Anthropic, have outperformed OpenAI's GPT-4 in undergraduate-level knowledge, graduate-level reasoning, grade school math, coding, and mixed evaluations. Furthermore, Meta, formerly known as Facebook, is set to launch its Llama 3 language model in July, as reported by The Information. Even Elon Musk's Grok chatbot is adding to the competition in the AI space. Hoskinson asserts that Cardano is in a strong position as an ecosystem. He stated, 'I wouldn't bet against an ecosystem with the ability to engage and unlock millions of people, has an on-chain sovereign wealth fund, and has never failed in 2300+ days of uptime 24/7.' He also claimed that his blockchain has the best plan for scalability and governance. Hoskinson has previously argued that a first-mover advantage can sometimes be a disadvantage, as network effects can be fleeting, particularly in niche sectors such as decentralized finance. #TrenddingTopic #HotTrends #BinanceNews
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