2024 is a new era for crypto as a new era that is a little different from the previous crypto existence. These times have brought about many dominant changes in the crypto ecosystem, where this new era began the existence of each blockchain developing the existence of their respective ecosystems.

Much more active than before, where more and more massive births of new token projects are mushrooming in every existing blockchain ecosystem. From modeling that offers small application games, as well as the formation of memecoins that are so mushrooming.
Gem and Meme tokens are getting more and more popular, at least ifxseen from the various posts that are present on X's social media pages which are very filled with enthusiastic supporters of each project community created.
Maybe this is a step which was created because the price of Bitcoin has soared. Where for some people it is unlikely to get or follow Bitcoin's existence at this phase of the stage.
Straightforwardly, it might be because small investors are also starting to switch to trying to reach their composition to be able to achieve decent and greater profits. Because if not it can only be stuck, fixated or just waiting until the moment Bitcoin can take them high.
#gem #meme #btc #crypto #ecosystem

A new wave of excitement is rippling through the crypto world as a groundbreaking ecosystem emerges, poised to redefine the meme coin landscape. The Tron network, a prominent player in the blockchain space, is rapidly gaining traction with the launch of a series of innovative meme coins.
This surge in activity has captured the attention of investors and enthusiasts alike, as the potential for significant returns and meme coin dominance looms large. With over 5,800 people tuning in to a recent discussion about this new ecosystem, it's clear that the buzz is real.
While the established meme coins like SHIBO and Dogecoin have enjoyed considerable success, the question on everyone's mind is whether these new Tron-based meme coins can challenge their supremacy. The answer may lie in the unique features and potential of the Tron ecosystem itself.
One of the most promising aspects of this new ecosystem is its ability to attract a diverse range of projects. From meme coins to innovative dApps, the Tron network offers a fertile ground for creativity and innovation. This diversity could potentially drive significant growth and adoption.
However, as with any emerging market, there are risks involved. The crypto world is known for its volatility, and there's always the possibility of scams and pump-and-dump schemes. Investors must proceed with caution and do their due diligence before investing in any new project.
As the Tron ecosystem continues to evolve, it's clear that the meme coin landscape is undergoing a significant transformation. Whether these new meme coins will ascend to the top remains to be seen, but one thing is certain: the future of crypto is brimming with excitement and potential.
#memecoin #cryptonews #ecosystem #dogecoin #shibinu

$DOGE
$SUN
$SHIB

What is Ethereum and why do we need it? Ethereum is the leading decentralized global computing network that can get congested, but why? In this guide, we explore why the Ethereum network gets congested.
What is Ethereum
Ethereum is the leading decentralized global computing network, functioning as a platform for smart contracts and dApps built on blockchain technology. It is one of the most popular blockchain networks, responsible for the unprecedented Dogecoin price rise around a decade ago, and now home to several growing altcoins including USDC, USDT, LINK and, of course, ETH. However, its popularity has resulted in network congestion and scaling difficulties.
Ethereum is an open-source, decentralized blockchain-based platform that allows anyone to build and deploy permanent and immutable decentralized applications, known as dApps. It utilizes smart contracts, which are programmable transaction protocols that automatically execute when specific conditions are met. These smart contracts run exactly as programmed and are stored on and executed by the Ethereum blockchain.
Ethereum has its own native cryptocurrency called Ether (ETH) which is digital money that can be sent or received anywhere in the world. ETH is the second largest cryptocurrency after Bitcoin. It operates via a global peer-to-peer network that maintains a distributed ledger called the blockchain. The blockchain records all transactions taking place on the network. Developers can build and deploy decentralized applications on Ethereum using programming languages like Solidity and Vyper that compile into bytecode that is executed on the Ethereum Virtual Machine (EVM).
Ethereum was first proposed in 2013 by Vitalik Buterin and went live in 2015. Since then, it has grown to become the most actively used blockchain, with the largest developer community working on the platform. The goal of Ethereum is to become a ‘world computer’ that replaces centralized intermediaries and runs decentralized applications, enabling censorship resistance, trust less transactions, and economic innovation on a global scale.
Core Causes
There are a lot of elements of Ethereum that might be the cause of congestion, such as limitations of Proof-of-Work consensus. The PoW algorithm used does not efficiently scale as transaction volume increases. Block size and block time remains constant at capacity regardless of demand. The consensus algorithm does not scale well. Block size and block time is static regardless of transaction volume.
And then there is a lack of native sharding. Unlike later generation blockchains, Ethereum 1.0 has no native sharding or parallelized transaction processing capabilities. This restricts TPS. More users and activity – As Ethereum has grown, more transactions like token swaps, DEX trades, NFT mints happen, filling blocks.
The gas auction model is also a factor. The use of gas fees auctioned via first-price auction means users bid up prices during high demand periods, further congesting the network.
Additionally, popular decentralized apps like CryptoKitties, decentralized exchanges, and DeFi protocols overload the network with transactions far exceeding baseline capacity. Games have clogged the network with transactions. DeFi apps also overload the network. Steadily increasing wallet addresses, daily active users and new dApps bring more total transactions over time as adoption grows.
NFTs have also grown in popularity. In fact, you might say they exploded. This explosive growth of NFTs attached to digital items like profile pictures, artwork, collectibles minting millions of tokens on-chain causes bottlenecks.
Finally, the ICO craze of 2017 congested Ethereum with token transactions, followed by their collapse which left abandoned dApps. The 2017/2018 ICO craze congested Ethereum with token transactions and drawn-out sales.
However, these are accidental causes. There is also the purposeful clogging by hackers and spammers. Spammers intentionally clog up transaction capacity through attacks with unnecessary transactions and data. Attacks or abuse of cheap gas fees intentionally clog up bandwidth with unnecessary transactions.
Effects of Congestion
So, what are the effects of this clogging? Why should we care?
Well, for a start, average transaction confirmation times can go from minutes to hours during peak congestion periods and congestion can lead to significantly higher gas fees. Users are forced to overbid on gas prices to prioritize transactions, pricing out smaller users. Users compete through gas price auctions to get priority, driving up costs significantly.
Congestion combined with gas price uncertainty leads users to set gas too low, causing TX failures. Transactions with lower gas fees may get rejected entirely when capacity limited.
Additionally, the overall user experience suffers due to delays, costs, and uncertainty during congestion. There are constrained capabilities because congestion limits the ability to scale dApps and overall network functionalities. This also affects scaling, since congestion limits practical use cases and dApp development on Ethereum.
$ETH #ETH #ecosystem

Many projects are already running and created in the crypto world. And for the last ten years since I join with crypto in general I have gained a lot of experience from various cases that have happens. From the small things until the biggest thing, and in essence I draw big conclusions why I feel that the only crypto project that is suitable and very helpful in all respects is only one crypto project that is present and remains the best for me personally.

The Bitcoincash is a community that on the basis and core of the struggle and journey of harmony with the meaning of the world economy is really fought for and carried out. Very different from various other projects even though the existence of the project may be in the best order or the top 10 market caps in the crypto world today.

One side that I can say in a language that is satisfying rather than unsatisfactory as a user, earner, or a participant in the crypto world and also in terms of financial finance is that the percentage of various projects in the bitcoincash ecosystem is very little to say a project that can harm the users. Meanwhile, other projects that exist in their own ecosystem can be said to have a lot of crime problems that happen from problems of fraud, theft, or misuse of user data.

The ecosystem built in the bitcoincash crypto world prioritizes the priority of the user over the priority of the developers. Such as adjustments to the problem of the value of convenience and small costs, which are the main points that must be adhered to by every project that is built within the bitcoincash ecosystem. And as the biggest main value that I really see from the developer's side is the value of patience and moral standards that they display as developers to show their capacity as providers, problem solvers and powerful for everything that is presented.

Bitcoincash users are number one in the context of every project developed within the bitcoincash ecosystem in my opinion. And this is very inversely proportional to the condition of projects that are built outside the bitcoincash ecosystem. Where is the adjustment for data problems according to the World Bank Absolute poverty as living with income below USD $ 1 / day and middle poverty for income below $ 2 per day. Greater than the condition of absolute income which can be said outside the poverty line. Especially if it is added from the non-absolute part income condition.

The best stage of everything that exists in the bitcoincash ecosystem side is the level of primacy of the value of creating currency as a currency that must be used as a payment system that is legal, easy and reliable compared to fiat currency. And from this, a major contribution to the crypto world should be seen from the thoughts and also the existence of the bitcoincash community in the crypto world. Not only continuing the struggle for bitcoin to be created but also solving major problems in the world economy, both institutional and personal finance.

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#crypto #bitcoincash #currency #bitcoin #ecosystem