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The Buzzing Bee
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🔥🔥 Ripple has partnered with Algorand and Hedera to form the DeRec Alliance, enhancing secure digital secret recovery and management through a collaborative secret-sharing system, aiming to improve digital asset security.

🔥🔥 Ripple has partnered with Algorand and Hedera to form the DeRec Alliance, enhancing secure digital secret recovery and management through a collaborative secret-sharing system, aiming to improve digital asset security.

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🌟 DONT MISS THIS Huge NEWS‼💥💥💥 READ BELOW 👇 AltLayer stands at the forefront of rollup technology, offering a comprehensive suite of solutions designed to address the scalability challenges facing Web3 applications. Central to AltLayer's offerings is its novel product, 'restaked rollups', which supplement existing rollups with enhanced security, decentralization, and interoperability by leveraging the restaking mechanism. AltLayer’s restaked rollups consist of three vertically integrated Actively Validated Services (AVS) titled MACH, VITAL, and SQUAD. These products leverage the permissionless nature of rollup stacks, and the principle of restaking, which allows networks to borrow economic security from Ethereum. Starting from Phase II, users will now stake ALT token in the main pool and get reALT token. The reALT token can then be delegated into different pools simultaneously. Instead of staking $ALT tokens into the pools, users will now need to stake reALT to earn pool rewards. AltLayer plans to introduce what are known as “restaked rollups” Layer 2 projects that leverage EigenLayer’s restaking mechanism to bootstrap network security. AltLayer has encouraged EigenLayer operators and liquid restaking providers to get involved with MACH Alpha, offering channels for collaboration. #ALTrestaking
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💥💥 Michael Novogratz, the esteemed founder of Galaxy Digital Holdings, recently declared that Bitcoin might consolidate within a specific price range in the near future. “We are in the consolidation phase in crypto. Bitcoin, Ethereum and everything else will consolidate, what does that mean? It means probably somewhere between $55,000 and $75,000 until the next set of circumstances, the next set of market events bring us higher,” Novogratz said on a conference call
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🚀🔥🔥🔥 Dont MIss THIS OPPORTUNITY‼ 💥Read BELOW👇 AltLayer is an open and decentralized protocol which accelerates the launch of rollups with optimistic and ZK rollup stacks. Its flagship product restaked rollups has been an industry disruptor, unlocking the true value of rollups with enhanced security, decentralization, fast finality, and interoperability.  AltLayer’s restaked rollups consist of three vertically integrated Actively Validated Services (AVS) titled MACH, VITAL, and SQUAD. These products leverage the permissionless nature of rollup stacks, and the principle of restaking, which allows networks to borrow economic security from Ethereum. Each of these core services will operate as an AVS and will borrow security from Ethereum via EigenLayer’s restaking mechanism. reALT serves as an auto compounding ERC-20 token designed to capture the staking contributions of ALT holders and accumulate the compounding rewards obtained. This token is distributed to individuals participating in the main staking pool by staking $ALT By utilizing reALT, users gain the capability to engage in multiple pools concurrently, expanding their exposure and choice while enjoying the advantages of auto compounding. Once reALT is issued, it can be redirected to various Launchpools related to restaking rollups, such as the Xterio pool. AltLayer will conduct periodic snapshots of the reALT balance, utilizing them to calculate forthcoming pool rewards. #ALTrestaking @AltLayer
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