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What is $W ❓ Wormhole is a generic message passing protocol that enables communications between blockchains. #Megadrop #BinanceLaunchpool #BullorBear

What is $W ❓

Wormhole is a generic message passing protocol that enables communications between blockchains.

#Megadrop #BinanceLaunchpool #BullorBear

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What is $FIRO ❓ Firo (FIRO) is one of the earliest privacy coins, created by Poramin Insom and his team. It launched in September 2016 (under the name Zcoin, with the token ticker being XZC). At the beginning, Firo was the first cryptocurrency implementing the Zerocoin protocol designed by Matthew Green in 2013. Firo is based on Bitcoin's source-code, with a GPU-friendly ASIC-resistant algorithm (Merkle Tree Function since 2018). Its total maximum supply is 21.4 million and block rewards are halved every four years. Firo has activated its Lelantus privacy protocol on January 12 2021, which increases the anonymity set and hides change amounts while protecting transactional privacy without requiring a trusted setup. Lelantus is the result of Firo’s research team and its innovations are also being used in other privacy projects such as Beam (Lelantus-MW) and Monero (Triptych). #Firo #ETHETFS #altcoins
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What is $FRONT ❓ Frontier is a chain-agnostic Decentralized Finance (DeFi) aggregation platform. Users can participate in protocol tracking and management, staking, token swaps, liquidity provision, Collateralized Debt Position (CDP) creation and monitoring, and more. As of the time of writing, Frontier supports DeFi products on Ethereum, Binance Smart Chain, BandChain, Kava, Harmony and Cosmos Network. #Front #ETHETFS #altcoins
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What is $UMA ❓ UMA's optimistic oracle is a decentralized truth machine. The oracle can verify any statement proposed on the blockchain. It provides real world data so smart contracts and markets asking for that data can be settled. The project consists of the following major components working in conjunction: Optimistic Oracle (OO): UMA's Optimistic Oracle allows contracts to quickly request and receive information. The OO provides that "real-world" data optimistically, which means that data is accepted as true unless anyone disputes the information. Data Verification Mechanism (DVM): If a dispute is raised, a request is sent to the Data Verification Mechanism (DVM). Disputes sent to the DVM will be resolved after 48 hours after UMA token holders have voted to validate the off-chain data. #UMA #ETHETFS #altcoins
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