📢 NEWS ALERT 🚨🚨

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🛑Proposed Bitcoin Upgrade OP_CAT Set to Enhance Smart Contracts 🛑

$BTC evolution continues with OP_CAT, a proposed upgrade aiming to introduce Ethereum-like smart contract capabilities. Developed by Layer-2 expert StarkWare, OP_CAT recently showcased its potential on Bitcoin's testing environment, Signet. This upgrade harnesses zero-knowledge proofs to enhance privacy and data compression, potentially revolutionizing Bitcoin's utility beyond its original peer-to-peer payment system design by Satoshi Nakamoto.

Despite early stages, OP_CAT has garnered support for its potential to bring smart contract programmability to Bitcoin, aligning with StarkWare's vision for advancing blockchain capabilities. Stay tuned for updates on Bitcoin's journey towards enhanced functionality and broader adoption!

#BlockchainUpgrade #SmartContracts #OP_CAT #StarkWare #CryptoInnovation

🚀 Big News: BEP 336 Upgrade is Coming to $BNB Chain! 🔥

Hey CryptoCandid Community! 🌟

Exciting changes are coming to BNB Chain with the BEP 336 upgrade, launching on June 20, 2024.

What’s BEP 336?

BEP 336 is a new update inspired by Ethereum’s tech, aiming to make transactions on $BNB Chain cheaper and faster. It does this by introducing something called "Blob-Carrying Transactions" (BlobTx). 💡

How Does It Work?

1. Blobs Explained: - Think of a blob as a temporary storage bin for large chunks of data (up to 128 KB each). - Instead of checking each transaction one by one, the network only checks the data in these blobs. This saves a lot of processing time and cost.

2. Benefits: - Cheaper Transactions: By reducing data storage needs, transaction fees could drop by up to 90%. More savings for everyone! 💸 - Faster Network: With less data clutter, the blockchain runs smoother and quicker. 🚀

3. New Features:
- Blob Market: Like an auction, it balances costs based on how many blobs people want to store.
- Security Layer: Extra checks to make sure the blob data is accurate and secure. 🛡️

BEP 336 and BNB Greenfield

This update also boosts BNB Greenfield, BNB Chain’s decentralized storage system. Greenfield will use blobs for efficient, large-scale data storage, helping apps handle data better.

What’s Next?

With BEP 336, expect cheaper, faster transactions, and a better experience on BNB Chain. This upgrade is a huge step for both users and developers, making the blockchain more user-friendly and efficient. 🎉

Stay tuned for more updates and get ready for a smoother ride on $BNB Chain!🚀

#CryptoCandid #BEP336 #BNBChain #BlockchainUpgrade #CryptoTech #Binance

🚀 Stellar (XLM) unveils plans for a phased upgrade to introduce smart contract capabilities in H1 2024. The smart contract platform testnet, Soroban, will be released following a network validator vote scheduled for January 30th next year (local time). 📈🌟 #Stellar #SmartContracts #BlockchainUpgrade 🗓️

🚨 Binance Supports Optimism ($OP ) Hard Fork! 🚨

Big news for $OP holders! Binance is backing the upcoming Optimism network upgrade and hard fork, ensuring a smooth experience for users.

🔧 Key Update:
- Token deposits/withdrawals on Optimism will be paused starting Sept 11, 18:00 UTC
- The upgrade kicks off at 19:00 UTC the same day. Trading will remain unaffected!

Stay tuned for the reopening of deposits/withdrawals once the network stabilizes. 🚀

#Optimism #OP #Binance #CryptoNews #BlockchainUpgrade

🚀 LayerZero V2 Launches on Mainnet! 🚀

After rigorous testing and over a year of incubation, LayerZero V2 has officially hit the mainnet scene. The deployment on January 29, 2024, marked a significant milestone for Layer Zero Labs, introducing improvements in security, throughput, flexibility, and cross-chain interaction capabilities.

🌐 Key Features of V2:
Universal Messaging: Empowering the transmission of diverse on-chain messages across 20+ blockchains, including data, external function calls, and token transfers.

Modular Security: Developers can select from over 20 Decentralized Verifier Networks (DVN) for a tailored Security Stack, crucial for verifying cross-chain messages and enhancing dApp security.

Permissionless Execution: Anyone can operate the Executor, with the added Unified Semantics feature supporting consistent operation of applications and tokens across integrated blockchains.

LayerZero ensures a seamless transition for existing applications from V1 to V2, maintaining its commitment to decentralization, security, and efficiency.

💰 Project Valuation and Testing:
LayerZero has successfully raised $120 million, establishing a $3 billion valuation. The V2 underwent extensive testing on 42 networks, with plans for token launches and airdrops in early Q1 2024.

#LayerZero #MainnetLaunch #BlockchainUpgrade #TradeNTell #Write2Earn $BTC $ETH $SOL

🚀 Cardano’s Biggest Upgrade in Two Years: The Chang Hard Fork! 🚀

Cardano is gearing up for its most significant upgrade since introducing smart contracts in 2021! The highly anticipated Chang hard fork promises major enhancements to its main network and will enable users to participate in on-chain governance.

Originally scheduled for this week, the upgrade has been rescheduled to September 1 to allow exchanges like Binance to prepare for the changes. Charles Hoskinson, Cardano’s founder, highlighted the importance of deadlines, saying, "The magic of deadlines is that people who aren't taking upgrades seriously suddenly say damn we got to get moving."

With Cardano currently ranked 30th on DeFILlama and known for Hoskinson's dynamic presence in the crypto world, this upgrade is one to watch closely. Stay tuned for more updates and be ready for the future of Cardano!#

#Cardano #BNBChainMemecoins #BlockchainUpgrade #BinanceSquareFamily #CryptoNewss $ADA

📢 Ethereum Classic (ETC) has announced a "mainnet spiral upgrade," with the goal of achieving protocol parity with the Ethereum Shanghai Upgrade. 🔄📈 #EthereumClassicUpgrade #BlockchainUpgrade 🚀🌐

Exciting news for $XRP enthusiasts!
The XRP Ledger is gearing up for significant upgrades, including proposals on compliance, smart contracts, automation, and more. With discussions on the horizon, XRP Ledger is poised to reinforce its position in the digital asset space. Stay tuned for the latest developments!

#XRP #Crypto #BlockchainUpgrade

**🚀 Neutron (NTRN) Completes Neutrality Upgrade**: Cosmos-based blockchain Neutron (NTRN) announces the successful completion of the Neutrality Upgrade. While network blocks are currently being generated, there may be interruptions until all nodes finish migration, but stability will soon be restored. The upgrade, announced on October 19th, primarily focuses on enhancing asset status, automated market making (AMM), and order book functionalities. 🌐💼 #Neutron #BlockchainUpgrade

🚨 FIRO Deposits & Withdrawals Temporarily Suspended on Binance! 🚨

Heads up, Binancians! Binance will temporarily suspend FIRO deposits and withdrawals starting September 16th at 13:00 (UTC) for an exciting network upgrade and hard fork. 🔧✨

What to know:

💰 FIRO trading will continue as usual, so you can still buy, sell, and trade.

⚙️ This upgrade will bring improvements and enhancements to the FIRO network.

🚀 A new FIRO blockchain is on the way, thanks to the upcoming hard fork!

No action is needed if you're holding FIRO on Binance! Your funds will be safe, and deposits/withdrawals will be credited once the suspension lifts.

Stay tuned for more updates, and follow our channels for the latest news! 🌟

#BinanceUpdates #FIRO #NetworkUpgrade #CryptoNews #BlockchainUpgrade