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$ETH Ethereum Striking :) #ETH Ethereum is a decentralized, open-source blockchain platform that allows developers to build and deploy smart contracts and decentralized applications (DApps). It was proposed by Vitalik Buterin in late 2013 and launched in July 2015. At its core, Ethereum works on the principle of a distributed network of computers called nodes, each running a copy of the Ethereum blockchain. These nodes work together to validate and record transactions, ensuring consensus and security on the network. One of the key features of Ethereum is its ability to execute smart contracts. Smart contracts are self-executing agreements with predefined rules and conditions written into the code. Once these conditions are met, the contract automatically executes without the need for intermediaries. This enables decentralized applications to run autonomously and securely, without censorship or downtime. Ethereum also has its own cryptocurrency called Ether (ETH), which serves as both a digital currency and a utility token on the Ethereum network. Ether is used to pay for computational services, transaction fees, and as an incentive for miners to secure the network. Ethereum operates on a consensus mechanism called Proof of Stake (PoS), although it is currently transitioning from Proof of Work (PoW) to PoS through an upgrade called Ethereum 2.0. In PoS, validators are selected to create new blocks and validate transactions based on the number of coins they hold and lock up as collateral, rather than relying on computational power alone. The Ethereum network has gained popularity for its ability to enable decentralized finance (DeFi) applications, tokenization, decentralized exchanges, and non-fungible tokens (NFTs). It has become the foundation for many blockchain-based projects and has a vibrant developer community contributing to its growth and innovation.
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Will #BNB reach the ATH again in 2024 ? Launched in 2017 by the world's largest cryptocurrency exchange, Binance, BNB initially served as the native utility token for the exchange. Over time, Binance expanded its services and ecosystem, integrating BNB into various aspects of its platform. This move propelled BNB's adoption and utility, contributing to its impressive growth. BNB's value proposition extends beyond just being a utility token. Binance has continually introduced new features and use cases for BNB, further enhancing its value and utility. These include Binance Launchpad, where BNB holders can participate in token sales, Binance Smart Chain (BSC), a parallel blockchain that offers low fees and high throughput, and Binance Pay, a payment service that allows users to transact with cryptocurrencies seamlessly. However, over the past 3 months and 6 months, BNB's performance has been negative, with decreases of 11.17% and 31.38% respectively. - Current Price: $578.9 - Market Cap: $85,437,670,971.89 - 24-hour Trading Volume: $398,872,526.48 - Circulating Supply: 147,586,234 - Total Supply: 147,586,234 $BNB
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#BTC🔥🔥🔥🔥🔥 is hot $BTC
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