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Tether CEO Lashes Out at Ripple CEO for Spreading USDT Fear Tether CTO Paolo Ardoino recently criticized Ripple CEO Brad Garlinghouse for his claims that the U.S. government's next target will be Tether . Garlinghouse had made his claims during an appearance on the World Class podcast hosted by Chris Vasquez, emphasizing that potential actions by the U.S. against the stablecoin issuer could cause significant disruption in the cryptocurrency space. Ardoino responded by accusing Garlinghouse of spreading fears about USDT and questioned the credibility of his statements, as Ripple is gearing up to launch its own stablecoin

Tether CEO Lashes Out at Ripple CEO for Spreading USDT Fear

Tether CTO Paolo Ardoino recently criticized Ripple CEO Brad Garlinghouse for his claims that the U.S. government's next target will be Tether .

Garlinghouse had made his claims during an appearance on the World Class podcast hosted by Chris Vasquez, emphasizing that potential actions by the U.S. against the stablecoin issuer could cause significant disruption in the cryptocurrency space.

Ardoino responded by accusing Garlinghouse of spreading fears about USDT and questioned the credibility of his statements, as Ripple is gearing up to launch its own stablecoin

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What is Blockchain Scalability? Scalability is the blockchain network's ability to handle more transactions without slowing down or becoming too expensive. Just like a road becomes congested during rush hour, the blockchain also experiences congestion when too many transactions are processed simultaneously. Scalability aims to make cryptocurrency more accessible, efficient, and user-friendly for everyone. How to fix scalability issues- ▪️Enlarge blocks to process more transactions simultaneously. ▪️Use payment channels like the Lightning Network to reduce congestion on the main blockchain. ▪️Consider proof-of-stake to require less computational power, thus improving scalability Scalability is a major challenge in the crypto world, however, networks like Solana and Binance Smart Chain are leading the way with promising solutions.#BTC $BTC
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Types of Yield Farming As explained in the Yield Farming post , it's a popular way to earn passive income in the crypto space. Here are the main types of it: ▪️Liquidity providing: One of the most common types of yield farming involves providing liquidity to decentralized exchanges (DEXs) or lending platforms. By adding your tokens to a liquidity pool, you help facilitate trades on the platform, and in return, you earn a portion of the trading fees and other rewards. ▪️Staking: Another popular method is staking, where you lock up your tokens in a smart contract to support the network's operations. In exchange for staking your tokens, you receive rewards, typically in the form of additional tokens. ▪️Lending: Yield farming also includes lending your cryptocurrencies through decentralized lending platforms. By lending your tokens, you earn interest on the amount you lend out, allowing you to generate passive income on your holdings.$BTC $BNB
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Crypto Speak: PoS We've talked about Proof of Work (PoW) before, now let's discuss Proof of Stake (PoS). Proof of Stake (PoS) is a consensus mechanism used in blockchain networks to validate and confirm transactions. In a PoS system, validators are chosen to create new blocks and secure the network based on the number of coins they hold and are willing to "stake" as collateral. Validators take turns proposing and validating new blocks, with the chance of being chosen to create a new block being proportional to the amount of cryptocurrency they hold and are willing to stake. $SOL PoS is considered more energy-efficient than Proof of Work (PoW) and is used by blockchain networks such as Ethereum 2.0, Cardano, and Tezos.$BTC
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Crypto Speak: POW Proof of Work (PoW) is a consensus mechanism used in blockchain networks to validate and confirm transactions. In a PoW system, miners compete to solve complex mathematical puzzles, with the first miner to find the solution being rewarded with newly minted cryptocurrency and transaction fees. This process requires significant computational power, making it costly and time-consuming. However, it ensures network security and prevents double-spending. Bitcoin, the first cryptocurrency, uses PoW as its consensus mechanism.
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