What is #opbnb ❓
It's a Layer 2 network for #BNBChain that uses the OP Stack technology stack for better node performance and compatibility with Ethereum Virtual Machine (EVM).

What's the main opBNB goal❓
It is to increase scalability, increase transaction speed and reduce costs in the Blockchain.

opBNB benefits:
1️⃣using of OP Stack as its development environment, which allows customization of execution clients, expanding the capabilities of smart contract execution;
2️⃣ #Network provides high scalability and throughput (over 4500 transactions per second);

3️⃣ high speed, low fees and performance allow transactions to be completed quickly and efficiently, making opBNB network attractive for #Web3🤝🥊🌐 games and large-scale applications like #Thena ;

4️⃣ EVM compatibility means that any application built on Ethereum can be ported to opBNB.

IOTA, a distributed ledger technology network, has achieved a remarkable milestone with its Stardust upgrade, which introduces new features and tokenomics to the platform. The upgrade was completed on Oct. 4, 2023, after a successful fork of the network.
The Stardust upgrade transforms IOTA into a multiasset ledger that allows users to create, transfer, and tokenize native assets and NFTs without any fees. It also enables smart contract tokenization and anchoring of L2 chains on IOTA’s Tangle via the IOTA Chains Framework. This makes IOTA a trustless asset bridge between different L2 networks.
IOTA Stardust Takes the Network to the Future
The upgrade also changes the supply and distribution of the IOTA token, which has now increased to 10 billion and split into two versions: IOTA and IOTA Classic. Users who staked Assembly tokens on the Shimmer network received an airdrop of new IOTA tokens, which will vest over 24 months. 
In light of the recent upgrade, it is recommended that IOTA users transition to the updated versions of Hornet and Firefly IOTA, specifically version 2.0.0. It’s worth noting that the updated Firefly wallet will feature a new tab. This tab will display the airdrop received by users who had staked Assembly tokens prior to the upgrade.

Upon the successful implementation of the Stardust upgrade, users will have immediate access to nearly 10% of the airdropped tokens. The remaining approximately 90% will be vested bi-weekly over 24 months. 
Importantly, users are not required to take any action to transfer their tokens to the IOTA Stardust network or to receive the airdropped IOTA tokens.
IOTA co-founder Dominik Schiener expressed his excitement and gratitude for the Stardust upgrade, calling it a rebirth of IOTA. He said that the team is on a mission to create one of the largest and most impactful technology ecosystems in the world.

The Stardust upgrade is a major step forward for IOTA, which aims to become a scalable, decentralized, and feeless platform for the Internet of Things and Web 3.0. The upgrade enhances the utility and value of the IOTA token and network, as well as its interoperability with other chains.

#Stardust #Upgrade #IOTA #Network

The rise of digital technologies has revolutionized the way we make payments online, offering convenience, speed, and security. In recent years, both #PayPal and #bitcoin have emerged as prominent players in the online payment space.

PayPal: A Leading Online Payment Platform:

PayPal, a global leader in online payments, enables individuals and businesses to send and receive money securely across borders. With its extensive user base and wide acceptance, PayPal has become a trusted and convenient method for e-commerce transactions. It offers features like buyer and seller protection, seamless integration with e-commerce platforms, and multiple currency support.

Bitcoin: A Decentralized Digital Currency:

Bitcoin, the pioneering cryptocurrency, operates on a decentralized network called the blockchain. It offers an alternative form of digital money that allows for peer-to-peer transactions without intermediaries like banks. Bitcoin's key attributes include security, transparency, and potential for increased privacy. It has gained popularity as an investment asset and a medium of exchange for various goods and services.

PayPal's Integration of Bitcoin:

In recent years, PayPal has recognized the growing demand for cryptocurrencies and has taken steps to integrate Bitcoin into its platform. In October 2020, PayPal announced that its users could buy, sell, and hold Bitcoin directly within their PayPal accounts. This integration has significantly increased Bitcoin's accessibility and opened doors for millions of PayPal users to engage with cryptocurrencies.

Advantages of PayPal and Bitcoin Integration:

a) Expanded User Base: By integrating Bitcoin, PayPal has opened the world of #cryptocurrencies to its vast user base, creating new opportunities for individuals and businesses to transact in digital assets.

b) Convenience and Familiarity: PayPal's user-friendly interface and widespread acceptance make it easier for users to navigate the complexities of cryptocurrency transactions, providing a more familiar and seamless experience.

c) Increased Trust and Security: PayPal's robust security measures, buyer and seller protection, and dispute resolution mechanisms offer added trust and security to Bitcoin transactions, addressing concerns that some individuals may have regarding the safety of digital assets.

Challenges and Considerations:

a) Volatility: Bitcoin's price volatility can pose challenges for merchants who accept it as a form of payment. Fluctuations in Bitcoin's value may impact pricing, profitability, and cash flow management.

b) Regulatory Landscape: The regulatory environment surrounding cryptocurrencies is evolving and can vary across jurisdictions. Compliance with relevant regulations and addressing potential legal and tax implications is crucial for both PayPal and Bitcoin users.

c) Scalability: Bitcoin's current transaction processing capacity may lead to delays and higher fees during periods of high demand. Efforts are underway to address scalability issues, such as the implementation of the Lightning #Network

Future Outlook:

The integration of PayPal and Bitcoin is a significant step toward mainstream adoption of cryptocurrencies. As more payment platforms and financial institutions follow suit, the acceptance and usage of digital assets are likely to increase. This could lead to further innovation in the online payment industry and pave the way for the emergence of new financial ecosystems.

Conclusion

The integration of PayPal and Bitcoin offers exciting opportunities in the realm of online payments. By combining the strengths of PayPal's established platform and Bitcoin's decentralized nature, users can enjoy the convenience, security, and potential financial benefits of both. While challenges remain, such as volatility and regulatory considerations, the continued integration of cryptocurrencies into mainstream payment systems signals a promising future for digital currencies and online transactions.

#BTC

The #Bitcoin Lightning Network is a second-layer payment protocol built on top of the Bitcoin blockchain. Its main motive is to resolve the issues of the Bitcoin network by enabling faster and cheaper transactions.

Fast network

The Lightning #Network allows participants to create off-chain payment channels between themselves. These channels facilitate the transfer of Bitcoin without requiring every transaction to be recorded on the Bitcoin blockchain. Instead, only the opening and closing transactions of the channel are recorded on the blockchain, while all the intermediate transactions within the channel occur off-chain.

This is the complete revolution🔥 in the history of Bitcoin

Here's a simplified overview of how the Lightning💡 Network works:

1.     Opening a Channel: Two participants create a payment channel by committing a certain amount of Bitcoin to a multi-signature address on the blockchain. This initial transaction is recorded on the Bitcoin blockchain.

2.     Off-Chain⛓️ Transactions: With the payment channel established, the participants can conduct an unlimited number of off-chain transactions between themselves. These transactions are not immediately recorded on the blockchain 🧩but are instead updated and signed by the participants.

3.     Channel Closing and Settlement: When either party wants to close the payment channel, they can submit the latest channel state to the blockchain. This final state includes the updated balances of each participant. The closing transaction settles the final balances on the Bitcoin blockchain, and both participants receive their respective funds.

The Lightning💡 Network offers several advantages:

1.     Scalability: By conducting transactions off-chain, the Lightning Network relieves from the Bitcoin blockchain's congestion, allowing for a potentially higher volume of transactions.

2.     Speed: Transactions done within the Lightning Network are near-instantaneous, as they are conducted off-chain and do not require confirmation from the Bitcoin blockchain.

3.     Lower Fees: Lightning Network transactions generally have lower fees compared to on-chain Bitcoin transactions, making micro-transactions more feasible. Hence it makes Lightning network more cost effective.

4.     Privacy: Lightning Network transactions are private and do not require public disclosure unlike Bitcoin blockchain.

Lightining Network

It's important to note that the Lightning Network is still in its early stages of development and adoption. While it offers potential solutions to Bitcoin's scalability challenges, it also introduces new complexities and considerations. As with any technology, it's crucial to understand its limitations and risks before utilizing it.

🔥 #Binance #BTC #cryptocurrency