$MATIC #zkevm

Polygon zkEVM Cardona Testnet:

The next upgrade for Polygon zkEVM will, effectively, make the network a Type 2 ZK-EVM. What does that mean for developers? It means that you can deploy your code on Polygon zkEVM exactly as it is on Ethereum—just copy-paste and go, no modifications necessary.

The 10-day timelock for the Etrog upgrade has been triggered, and devs can test it now on Cardona, the new Sepolia-anchored testnet for Polygon zkEVM.

How to connect to Cardona:
Network Name: Polygon zkEVM Cardona Testnet
Bridge UI: bridge-ui.cardona.zkevm-rpc.com
New RPC URL: rpc.cardona.zkevm-rpc.com
Chain ID: 2442
Currency symbol: ETH
Block Explorer: explorer-ui.cardona.zkevm-rpc.com
Faucet: faucet.polygon.technology

For more on the upgrade, including how to independently verify the source code and what steps infra devs will need to take once Etrog is live on mainnet, check out the blog: bit.ly/3vZ037O

A note for end users: Once the Etrog upgrade is live on mainnet, no action is needed to continue using Polygon zkEVM.

Ref: https://twitter.com/0xPolygon/status/1751368915928645812?t=PgERHyLM9XHw8GhQRS9O6w&s=19

#BTC #TradeNTell #Write2Earn #ETH

$BTC $SOL

What is Bitcoin Halving Event?

A Bitcoin halving event is a pre-programmed phenomenon that occurs roughly every four years, where the block reward for mining new Bitcoins gets cut in half. This means that miners who verify transactions and secure the network receive fewer Bitcoins for their efforts.

Here's a breakdown of the significance of Bitcoin halving events:

Reduced supply: The primary implication of halving is the limited issuance of new Bitcoins. With fewer coins entering circulation, the overall supply becomes scarcer, potentially impacting Bitcoin's price.

Potential price increase: The economic principle of supply and demand suggests that a decrease in supply (new Bitcoins) could lead to an increase in demand (existing Bitcoins), potentially driving up the price. However, it's important to remember that the cryptocurrency market is complex and influenced by various factors, making price predictions uncertain.

Historical price trends: While not a guarantee, historically, Bitcoin's price has seen significant increases following halving events. However, the time it takes for these increases to materialize can vary.

Investor sentiment: The anticipation of a halving event can also influence investor sentiment, leading to increased buying pressure and potentially pushing the price upwards.

Long-term impact: As halving events continue to occur, the total supply of Bitcoins will eventually reach its predetermined limit of 21 million. This finite supply, coupled with increasing demand, could contribute to Bitcoin's value proposition in the long term.

#BTC #ETH #BTCHALVING #Write2Earn #TradeNTell

$SUI $MANTA
Differences between Sui and Manta Network:

Sui: A general-purpose Layer 1 blockchain focusing on high transaction throughput and scalability.

Manta Network: A privacy-focused Layer 1 blockchain specifically designed for confidential transactions.

Technology:
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Sui: Employs a novel data storage model called "move objects" and a new consensus mechanism called "Narwhal" for scalability and efficiency.

Manta Network: Utilizes zero-knowledge proofs (ZKPs) to obfuscate transaction details while ensuring validity, providing inherent privacy.

Scalability:

Sui: Aims for high transaction throughput (thousands per second) through its design and sharding.

Manta Network: Also boasts high scalability due to ZKPs but might be slightly surpassed by Sui, depending on network usage.

Privacy:

Sui: Doesn't inherently focus on privacy, although some privacy-preserving features can be built on top.

Manta Network: Privacy is its core principle, with ZKPs ensuring transaction confidentiality by default.

Development:

Sui: A relatively new project with an active development community and growing ecosystem.

Manta Network: Also relatively new but with a smaller ecosystem and less mature development tools.

Fees:

Sui: Transaction fees are expected to be lower than Ethereum Layer 1 fees but might vary depending on network usage.

Manta Network: Similar fee structure to Sui, with potential for slightly higher fees due to ZKP overhead.

Overall:

Sui: A promising general-purpose L1 chain offering high scalability, suitable for various dApps but lacking built-in privacy.

Manta Network: A niche player focusing on privacy, offering high scalability and confidentiality but with a less developed ecosystem.

Choosing between Sui and Manta Network depends on your specific needs. If privacy is essential, Manta Network is the clear choice. However, if you prioritize general-purpose functionality and a wider ecosystem, Sui might be more suitable. Ultimately, conduct your own research and consider your priorities before making any investment dec.

#MANTA #sui

#MANTA Manta Network Price Prediction : Can it reach $10 at the end of this bull run ?

Predicting the future price of any cryptocurrency, including Manta Network (MANTA), is inherently uncertain and involves significant risk. While I can offer information and analysis, I cannot guarantee any specific outcome.

Here's what we know:

Current price: As of today, January 25, 2024, MANTA is trading around $3.24.
Total diluted value (TDV): This represents the market capitalization if all possible tokens were in circulation, currently at around $3.24 billion for MANTA.
Reaching $10: To reach $10, MANTA's market cap would need to triple, requiring significant growth in demand and adoption.

Here are some factors that could affect MANTA's price:

Considering Total diluted value (TDV):

Reaching $10 based solely on TDV implies significant growth in the number of circulating tokens, which could dilute the price per token unless demand grows proportionately.

Market cap alone doesn't guarantee a specific price per token, as various factors like circulating supply and investor sentiment influence it.

Conclusion:

While reaching $10 is possible, it depends on multiple unpredictable factors. Carefully consider the risks involved before making any investment decisions. Remember, never invest more than you can afford to lose.

It's crucial to conduct your own research, assess your risk tolerance, and consult with a financial advisor before making any investment decisions.

#trendingtoday #MANTA #PriceSurge #BTC

#ALT

Things to know about AltLayer Token launch On Jan. 25

AltLayer, a decentralized protocol specializing in rollup networks, plans to launch its native ALT token on Jan. 25.

The ALT token will be launched through Binance Launchpool, enabling Binance users to stake BNB and FDUSD and farm ALT tokens for six days starting on Jan. 19.

With Restaked Rollups, AltLayer aims to combine the ease of using rollup stacks with the restaking mechanism of EigenLayer. Restaked rollups consist of three Actively Validated Services, offering state correctness verification, faster finality, and decentralized sequencing.

AltLayer's ecosystem encompasses various infrastructure providers, including EigenLayer, Espresso, Astria, Radius, Celestia, EigenDA, Avail, OP Stack, ZKStack, Arbitrum Orbit, Polygon CDK, and more.

Notable projects in gaming, DeFi, and other sectors have chosen to utilize AltLayer's services. Among them are Double Jump Tokyo, Avive, Cometh, Polychain Monsters, Port3 Network.

As AltLayer's native utility token, ALT will be used for bonding, governance voting, incentivization rewards for operators, and network transaction fees. Additional airdrops are planned for wider ecosystem partners and supporters in the upcoming months.

Reference : https://thedefiant.io/altlayer-to-launch-token-on-jan-25

#TrendingTopic #TradeNTell #Launchpool #Write2Earn

$MANTA

Manta Network! Here's an interesting fact for you:

Manta Network boasts the title of the fastest ZK L1 chain on Polkadot. This means it utilizes zero-knowledge proofs (ZKPs) to achieve incredibly high transaction speeds and scalability while maintaining user privacy. In fact, it can process thousands of transactions per second, significantly exceeding the capabilities of most other blockchains.

This cutting-edge technology makes Manta Network a promising platform for building next-generation decentralized applications (dApps) that require both privacy and high performance.

Here are some additional interesting facts about Manta Network:

Modular Architecture: It employs a modular design, allowing developers to choose specific components for their dApps, fostering flexibility and innovation.

Universal Circuits: This innovative ZK library simplifies integrating ZK functionalities into existing Solidity smart contracts, making it developer-friendly.

Non-Invasive Compliance: Manta Network aims to facilitate compliance with regulations without compromising user privacy, a crucial aspect for mainstream adoption.

Growing Ecosystem: Various DeFi and other dApps are already being built on Manta Network, showcasing its potential and attracting wider interest.

I hope this information piques your interest in Manta Network

#Write2Earn #MANTA #BTC #TrendingTopic #TradeNTell