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Educational Post What Is Danksharding? Derived from the name of Ethereum researcher Dankrad Feist, danksharding introduces a transformative approach to sharding technology. Sharding involves breaking down a blockchain database into smaller, more manageable parts for increased efficiency. Unlike conventional sharding methods, danksharding simplifies the architecture, focusing on a merged market fee concept. In traditional sharding, each shard has distinct blocks and block proposers. Danksharding streamlines this by having a single block proposer, enhancing transaction processing and data storage efficiency. This innovation addresses the blockchain trilemma by prioritizing security, decentralization, and scalability. Key Features of Danksharding 1. Merged market fee: Danksharding introduces a unified market fee, streamlining the transaction process by minimizing complexities associated with having multiple block proposers. 2. Optimized data availability: The primary focus of danksharding is to enhance data availability for rollups, a Layer 2 scaling solution on Ethereum. By efficiently managing data, Danksharding significantly improves the network's performance. 3. Simplified sharding architecture: Danksharding simplifies the sharding structure, making it more straightforward and efficient. This approach addresses the challenges posed by the traditional trilemma, fostering a better balance between security, decentralization, and scalability. #LearnAndGrow #SOFR_Spike #BinanceTurns7 #US_Job_Market_Slowdown #BTC☀
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WHY IS A RISK MANAGEMENT STRATEGY IMPORTANT IN CRYPTO ? 😊It's common knowledge that crypto, as an asset class, is one of the higher-risk investments available to the average investor. Prices have proven to be volatile, projects can crash overnight, and the technology behind blockchain can be challenging for newcomers to understand. 😊With crypto moving rapidly, it's imperative to employ sound risk management practices and strategies to reduce your exposure to potential risks. This is also an essential step to becoming a successful and responsible trader. 😊Read on to find out about five risk management strategies that can benefit your crypto portfolio. #LearnAndGrow #tradingtechnique #TradingAdvice #freesignal
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📊 Major Liquidations in Last 24 Hours $186.7 million was liquidated in the past 24 hours: • Long Liquidations: $34.9 million 📈 • Short Liquidations: $151.8 million 📉 #BTC☀ #marketcrash #Altcoins👀🚀 #TradingAdvice $BTC $BNB $SOL
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Given only 4%-8% of daily on-chain volume corresponds to LTHs, we can leverage another core on-chain metric to explain the relative weight of these investors on the supply side. #BTC☀ #Market_Update #marketanalysis #tradingtechnique
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$PEPE 😀 has been respecting the descending resistance line, repeatedly getting rejected at this level. The major support zone is $0.00000765 - 0.00000835 . If the price fails to hold above this level, it could lead to a further drop towards the next support at $0.0000066. For the bearish scenario to be invalidated, #PEPEUSDT needs to break above the resistance at $0.00001225. This would signal a potential trend reversal and the start of a new uptrend. There's a bullish order block around $0.0000073, which could act as a strong support level, providing a potential bounce back if tested. #Memecoins🤑🤑 #marketanalysis #cryptoanalysis #freesignals
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