Binance is excited to announce the 45th project on Binance Launchpool - AltLayer (ALT), a platform to launch native and restaked Rollups with both Optimistic and ZK Rollup Stacks. The webpage is estimated to be available in 24 hours, before the Launchpool starts.

Users will be able to stake their BNB and FDUSD into separate pools to farm ALT tokens over six days, with farming starting from 2024-01-19 00:00 (UTC).

Listing

Binance will then list ALT at 2024-01-25 10:00 (UTC) and open trading with ALT/BTC, ALT/USDT, ALT/BNB, ALT/FDUSD and ALT/TRY trading pairs. The Seed Tag will be applied to ALT.

ALT Launchpool Details:

• Token Name: AltLayer (ALT)

• Max Token Supply: 10,000,000,000 ALT

• Launchpool Token Rewards: 500,000,000 ALT (5% of max token supply)

• Initial Circulating Supply: 1,100,000,000 ALT (11% of max token supply)

• Smart Contract Details: BNB Chain, Ethereum

• Staking Terms: KYC required

• Hourly Hard Cap per User:

• 277,777.77 ALT in BNB pool

• 69,444.44 ALT in FDUSD pool

Supported Pools:

• Stake BNB (webpage will be available in around 24 hours): 400,000,000 ALT in rewards (80%)

• Stake FDUSD (webpage will be available in around 24 hours): 100,000,000 ALT in rewards (20%)

• Farming Period: 2024-01-19 00:00 (UTC) to 2024-01-24 23:59 (UTC).

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-----------WHO IS SAM BANKMAN??----------------

Sam Bankman-Fried is a well-known figure in the world of cryptocurrency and blockchain. He is the co-founder of FTX, a popular cryptocurrency exchange known for its innovative products and features. Sam is also the founder of Alameda Research, a quantitative cryptocurrency trading firm.

Bankman-Fried is widely recognized for his contributions to the crypto industry and for being an outspoken advocate for cryptocurrency adoption. He has been involved in various projects and initiatives related to decentralized finance (DeFi) and has a significant presence on social media platforms where he shares his insights and opinions on the crypto market.

---------------WHAT IS BINANCE??------------------

Binance is one of the world's largest cryptocurrency exchanges. It was founded in 2017 by Changpeng Zhao and is headquartered in Malta. Binance offers a wide range of services related to cryptocurrencies, including:

1. **Cryptocurrency Trading:** Binance allows users to trade a vast array of cryptocurrencies, from popular ones like Bitcoin and Ethereum to numerous altcoins.

2. **Binance Coin (BNB):** BNB is Binance's native cryptocurrency, used for various purposes on the platform, including trading fee discounts and participation in token sales on the Binance Launchpad.

3. **Fiat-to-Crypto and Crypto-to-Crypto Trading:** Binance supports both fiat-to-crypto and crypto-to-crypto trading pairs, enabling users to buy cryptocurrencies with traditional fiat currencies.

4. **Binance Futures:** Binance offers futures and derivatives trading for those who want to speculate on cryptocurrency price movements.

5. **Staking and Savings:** Users can stake certain cryptocurrencies or participate in savings programs to earn passive income.

6. **Binance Smart Chain:** Binance has its own blockchain platform called Binance Smart Chain (BSC) which has gained popularity for its compatibility with Ethereum and decentralized applications (DeFi).

7. **Binance Academy:** Binance provides educational resources through Binance Academy, which offers articles and videos to help users learn about cryptocurrencies and blockchain technology.

8. **Security:** Binance places a strong emphasis on security, employing various measures to protect user funds and data.

9. **Binance Card:** Binance also offers a Visa card that allows users to pay with cryptocurrencies at merchants that accept Visa.

10. **Global Presence:** Binance has expanded its services worldwide and has multiple language options and localized platforms.#Binance #BinanceSquare #growbinance

------WHAT IS The FUTURE OF CRYPTO??-------

future of cryptocurrency is highly uncertain, and it can take several different paths.

1. **Widespread Adoption**: Cryptocurrencies could become more mainstream and widely adopted for various financial transactions, investments, and even as a medium of exchange.

2. **Regulation**: Governments around the world are working on regulations for cryptocurrencies. How these regulations are implemented could significantly impact the future of the crypto space.

3. **Interoperability**: Projects are working on improving the interoperability between different cryptocurrencies and blockchain networks. This could make it easier to use various cryptocurrencies in a seamless manner.

4. **Security and Scalability**: Improvements in the security and scalability of blockchain technology are critical for the long-term success of cryptocurrencies.

5. **Decentralized Finance (DeFi)**: DeFi applications are growing, offering financial services such as lending, borrowing, and trading without traditional intermediaries. The future could see further innovation in this sector.

6. **NFTs (Non-Fungible Tokens)**: NFTs have gained significant attention, and the future might see new use cases and applications beyond digital art and collectibles.

7. **Central Bank Digital Currencies (CBDCs)**: Many countries are exploring the development of digital versions of their national currencies. These could coexist with traditional cryptocurrencies and impact the crypto landscape.

8. **Environmental Concerns**: The environmental impact of cryptocurrencies, particularly proof-of-work coins, is a growing concern. The industry may shift towards more environmentally friendly consensus mechanisms.

9. **Technological Advancements**: Cryptocurrency projects continue to evolve and innovate. New technologies and features could emerge, further influencing the crypto landscape.

10. **Market Volatility**: Cryptocurrency markets are highly volatile, and this is likely to continue. Investors and users need to be prepared for significant price fluctuations.

--------------------BITCOIN-------------------------

Bitcoin is a decentralized digital currency that was invented in 2008 by an anonymous person or group using the pseudonym Satoshi Nakamoto. It operates on a technology called blockchain, which is a distributed ledger that records all transactions across a network of computers. Here are some key points about Bitcoin:

1. Decentralization: Bitcoin is not controlled by any central authority, such as a government or financial institution. Instead, it relies on a network of nodes (computers) to validate and record transactions.

2. Digital and Borderless: Bitcoin exists only in digital form and can be sent or received globally, making it borderless and accessible to anyone with an internet connection.

3. Limited Supply: There is a maximum supply of 21 million Bitcoins, which creates scarcity and is often cited as a reason for its value.

4. Mining: New Bitcoins are created through a process called mining, where powerful computers solve complex mathematical puzzles to add new blocks to the blockchain. Miners are rewarded with newly created Bitcoins and transaction fees.

5. Security: Bitcoin transactions are secured through cryptographic techniques. Private keys, which are like digital passwords, are used to control and access Bitcoin holdings.

6. Volatility: Bitcoin's price is known for its volatility, with significant price fluctuations over short periods.

7. Use Cases: Bitcoin can be used as a store of value, a medium of exchange, or a speculative investment. Some people see it as "digital gold" and a hedge against inflation.

8. Legal and Regulatory Environment: Bitcoin's legal status varies by country, with some embracing it, while others impose restrictions or bans.

9. Adoption: Bitcoin has gained popularity over the years, with growing acceptance by businesses and financial institutions, as well as investment by individuals and institutional investors.

It's important to note that the cryptocurrency space is dynamic.#BinanceSquare #BTC