@XAI_GAMES Farewell, brothers and sisters, long time no see~ I saw Binance’s new activity today and happened to go study XAI. Let’s briefly introduce its future direction~
### Future development trends and directions
1. **Extended application scenarios**: - Support more decentralized applications (DApps), covering finance, games, supply chain management and other fields. - Provide efficient payment solutions and gradually replace traditional electronic payment systems.
2. **Technical upgrade**: - **Improve transaction speed**: Improve the transaction processing capabilities of the blockchain network through technology upgrades. - **Improve security**: Strengthen the ability to prevent attacks and vulnerabilities to ensure the security of user assets. - **Cross-chain interoperability**: Achieve interoperability with other blockchain platforms to enhance flexibility and compatibility.
3. **Market Acceptance and Promotion**: - Increase cooperation with mainstream financial institutions and payment platforms to promote the popularity of cryptocurrency. - Strengthen community building and user education to increase users’ awareness and acceptance of cryptocurrency.
4. **Regulation and Compliance**: - Cooperate with regulatory agencies around the world to ensure compliance operations and reduce legal risks. - Develop and adhere to industry standards to promote the healthy development of the cryptocurrency market.
5. **Ecosystem Construction**: - Develop and support more developer communities to promote innovation and application development. - Establish a complete ecosystem, including wallets, exchanges, payment systems and other infrastructure.
### What can players expect to gain from participating in Vanguard: Genesis? My personal guess is that obtaining tokens in proportion to points, or NFTs as proof of identity, is mainly to reward loyal fans who actively participate in XAI training activities.
How is this mission event different from other mission events currently in the industry? I think the linkage is relatively strong. The main thing is to personally participate in it, so that participants can have contact with the project and actually experience the advantages of this chain.
The above is my personal opinion, and I would like to ask you seniors to tone it down a little... If you think the content is okay, please help me forward it, like it, and support it. #XAI先鋒創世紀 #TopCoinsJune2024 #meme板块关注热点 #币安用户数突破2亿 #美联储利率决策即将公布 $BTC $ETH $XAI
In order to let everyone know more about what ADA is? I have sorted out the information about its development direction, operation mode and its connection with Bitcoin and divided it into three parts to share with you. Friends who are interested can pay attention to avoid missing relevant information❗️Let us get rich slowly together Bar 🧧
1. The development trend of ADA
Cardano is a third-generation blockchain platform created by Charles Hoskinson. Its main goal is to solve the shortcomings of Bitcoin and Ethereum in terms of scalability, interoperability, and sustainability. Since its launch in 2015, Cardano has gone through multiple development phases, each with specific goals and upgrades, including:
1. **Byron Phase (Basic Phase)**: Establish the Cardano network and launch the ADA token. 2. **Shelley stage (decentralization stage)**: Achieve decentralization and allow users to participate in staking and governance. 3. **Goguen stage (smart contract stage)**: Introducing smart contract functions to enable developers to build decentralized applications (dApps) on Cardano. 4. **Basho phase (expansion phase)**: Improve network performance and scalability. 5. **Voltaire stage (governance stage)**: Achieve complete decentralized governance.
Currently, Cardano is in the Basho phase, which focuses on improving the scalability and interoperability of the network, and is gradually transitioning to the Voltaire phase to achieve complete self-governance. #BTC走势分析 #ETH #ada $BTC $ETH $ADA
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I haven’t posted anything for a while~ I’m afraid that all brothers and sisters will forget this calf🤣 The main reason is that the market has been too depressed recently. As a long-term holder, I’m also afraid that my emotions will be affected, so I decisively watch less😛 Use the time you save to airdrop~🪂 Today we are introducing the Linglu airdrop on the $SOL chain It is still in the early stage of airdrop, so I suggest you give it a try, because I think it is not difficult. If you delay for about five minutes, you will have a chance to get the airdrop. For me, it is the best for Mavericks😆 The name of Linglu’s project this time is “James Woof”, a digital pet-raising game. As long as you apply, you will start to earn points automatically. After the introduction, it’s that simple~ Mainly I don’t know if you like this kind of content. If you like it, please like it in the comment area. The next article will share the detailed operation method and download link🔗Your like👍🏻Share🧡 It is the driving force behind my continuous learning and creation. Thank you🙏🏻 #币安HODLer空投 #MicroStrategy增持BTC #美联储何时降息? #meme板块关注热点 #MegadropLista $BTC $ETH
In the past few days, I have seen many retail investors shouting that they have either lost one month’s living expenses, or lost all their savings. I really feel mixed emotions after seeing this... because I am also a small retail investor myself... So I started thinking, assuming that most of the retail brothers and sisters raise funds and buy a big pie together, everyone must not be greedy or be overly emotionally affected by the market. I firmly believe in the dawn of the coming dawn. In many good situations, I forget it. Let’s take a look. Currently, there are more than 70,000 pieces of pie. It’s not too much. As long as 70 brothers and sisters are willing to give it a try, and each of them contributes 1,000 dollars, then there is nothing to do. Just wait patiently until the pie comes. When a piece is sold for more than 100,000, the profit will be at least 30,000 U.S. dollars. Divided by 70 co-holders, each person can get 430 U.S. dollars. It does not seem like much, but it is better than nothing... This is assuming that only Buy one, what if you buy 5 in a row with DCA? Or use the profits earned to invest in your aunt? Or even invest in ADA, the hot rising star like me? Although this is a beautiful ideal, I still want to ask if any brothers and sisters are willing to give it a try with me? I dare not say that I can make everyone rich and wealthy, but at least it can prevent everyone’s hard-earned money from being wasted. At least we can all slowly become rich together💰 I will start voting next 🗳️ to see what everyone thinks 💡 If you have like-minded friends, we are discussing the next matters. First of all, not everyone can participate, and I will definitely let you participate if you have money. I need to understand your investment ideas first. If Only if it meets everyone’s goals🎯 will we continue talking🤝 #第55期新币挖矿IO #5月非农数据即将公布 #现货以太坊ETF获美SEC批准 #內容挖礦 #MegadropLista $BTC $ETH $ADA
Thank you readers for your support🙏🏻I hope everyone can shine together in the days to come, and the most important thing is to slowly become rich together, come on👏I will leave the next time to you to digest it 😉
5. **Advantages** - **High Convenience**: Suitable for frequent transactions and instant payments. - **EASY TO SETUP**: Generally simple to set up and easy to use. - **Multi-Platform Support**: Works on multiple devices and operating systems.
6. **Disadvantages** - **Security Risk**: Because private keys are stored online, they are vulnerable to hacker attacks, phishing scams, and malware. - **Reliance on third parties**: Some hot wallets (such as exchange wallets) rely on third-party services and may face trust and regulatory risks.
7. **Safety Advice** - **Enable Two-Factor Authentication**: Adds an extra layer of security to prevent unauthorized access. - **Backup private key and mnemonic phrase**: Back up properly to prevent loss. - **Use Strong Passwords**: Set a strong and unique password to avoid being guessed. - **UPDATE SOFTWARE**: Keep your wallet software and devices up to date and patch security holes.
8. **Usage Scenario** - **Daily Transactions**: Suitable for people who frequently conduct cryptocurrency transactions and transfers. - **Micropayments**: For daily shopping and paying small amounts of crypto assets. - **Short-term storage**: Crypto assets suitable for short-term holding and quick access.
Hot wallets have become a common choice among cryptocurrency users due to their high convenience and ease of use, especially for those who require frequent transactions and instant access to assets. However, special attention needs to be paid to security measures when using hot wallets to prevent potential online risks.
Since I have shared a cold wallet with you readers, I should also introduce what a hot wallet is🤔 for you to make your own choices~ This content is also divided into two chapters, let’s learn together~
A Hot Wallet is a cryptocurrency wallet designed to store and manage crypto assets online for easy trading and use. The following is a detailed introduction to hot wallets:
1. **Basic Definition** - A hot wallet is an internet-connected cryptocurrency wallet. - Used for instant access and management of crypto assets, suitable for daily transactions and payments.
2. **Type** - **Web Wallet**: accessed through a browser, such as MyEtherWallet, MetaMask. - **Mobile Wallet**: Smartphone applications such as Trust Wallet, Coinbase Wallet. - **Desktop Wallet**: Applications installed on your computer, such as Electrum, Exodus. - **Exchange Wallet**: Wallet services provided by cryptocurrency trading platforms, such as Binance and Coinbase.
3. **Main Features** - **Online Storage**: Private keys are stored on an Internet-connected device or platform. - **CONVENIENCE**: Suitable for quick transactions and daily use. - **Easy to Access**: Access and manage assets via the internet anytime, anywhere.
4. **How to use** - **Create Account**: Register an account on the wallet provider platform or application and generate private and public keys. - **Deposit Funds**: Transfer cryptocurrencies to a hot wallet address. - **Make Transactions**: Send and receive cryptocurrencies via hot wallets at any time. #现货以太坊ETF获美SEC批准 #BTC走势分析 #新币挖矿 #ETH #ADA $BTC $ETH $ADA
Okay~ Friends who can read this article must have read the overview of the previous article. Let’s read the second half together to enrich yourself and enable yourself to handle any situation in the future👏
5. **Advantages** - **High Security**: Because it is not connected to the network, the private key will not be stolen by hackers. - **Control**: Users have full control over their own private keys and do not rely on third-party services. - **Long-Term Storage**: Suitable for long-term storage of cryptocurrency to reduce the risk of frequent transactions.
6. **Disadvantages** - **Inconvenient**: You need to manually connect the device every time you make a transaction, which is cumbersome. - **Physical Damage Risk**: Risk of hardware damage, loss or theft. - **Technical Threshold**: Setup and use require certain technical knowledge.
7. **Safety Advice** - **Backup**: Make multiple backups and save them in different safe locations. - **Encryption**: Encrypt the device where the private key is stored to prevent improper access. - **Offline generation**: When generating private keys, ensure that the device is offline to avoid being monitored.
8. **Usage Scenario** - **Long-term Investment**: Suitable for long-term holding of crypto assets that are not traded frequently. - **Large Asset Storage**: Suitable for storing large amounts of encrypted assets, providing additional security protection. - **Cold Storage Needs**: In situations where maximum security is required, such as institutional investors or high net worth individuals.
Cold wallets have become an important tool for cryptocurrency investors to protect their assets due to their high security, especially for those concerned about the long-term security of their assets. #现货以太坊ETF获美SEC批准 #BTC走势分析 #新币挖矿 #ETH #ADA $BTC $ETH $ADA
A few days ago, I saw a friend on the square asking about cold wallet. I would like to spend some time introducing it today. It is mainly divided into two articles to share. This article mainly talks about what is cold wallet? Without further ado, let’s read on~
A Cold Wallet is a cryptocurrency wallet designed to provide the highest level of security, protecting crypto assets from cyberattacks and hackers through offline storage. The following is a detailed introduction to cold wallets:
1. **Basic Definition** - A cold wallet is a tool for storing cryptocurrency private keys offline. - Contrary to hot wallets, cold wallets are not connected to the Internet, thus reducing the risk of being hacked.
2. **Type** - **Hardware wallet**: such as Ledger Nano S, Trezor. These devices are usually specially designed USB devices for secure storage of private keys. - **Paper Wallet**: Print the public and private keys on paper and keep them safely. - **cold storage device**: such as a USB flash drive or other offline storage device, specially used to store the private key of cryptocurrency.
3. **Main Features** - **Offline Storage**: Not connected to the Internet, greatly reducing the risk of being hacked. - **HIGH SECURITY**: Avoid phishing and malware attacks since you are not connected to the Internet. - **Physical Security**: Requires physical access to device or paper, avoiding remote attacks.
4. **How to use** - Set up a hardware wallet: After purchase, follow the instructions to set up and generate new private and public keys. - Create a paper wallet: generate and print private and public keys using reliable online or offline tools. - Store private keys: Store private keys offline on a USB device or other physical media. #山寨季何时到来? #BTC走势分析 #ETH #ADa $BTC $ETH $ADA
The previous few articles were all about sharing relevant information about ADA with you. I would like to take a short break today and talk about some of the content I have seen on the square recently~ In fact, these days, I have seen a lot of people talking about cryptocurrency appeals. I have gone bankrupt, or I have spent tens of thousands of dollars playing until I have 10 dollars left. I want to see if there is anyone who can give me some advice. I want to turn around and find a way out. It’s honestly quite sad. I know that many people are involved in the cryptocurrency world and have It’s not about how rich I am, but I hope that I can turn around my life in the currency circle and live a good life, so the money I invest in is all my hard-earned money, and I put all five or ten years of hard work into it. It’s back to zero⋯ I believe there are many such people, but I am helpless... Although I can't help, I can provide some relatively correct investment and financial management directions. I may not be able to lead you to receive hundreds or thousands of U every day like those teachers said, but at least you can watch step by step. Your wallet grows bit by bit💰 In fact, investing is really not difficult. The difficulty lies in the mentality and controlling desires. Believe me, if you play with contracts and leverage, ask yourself, have we little shrimps ever been able to outsmart those capitalists? If they don't release some news to scare us today, where will they get the leeks to eat? The market is like this. The prerequisite for someone to make money is that someone loses everything, so never think that I can have huge wealth immediately. Calm your mind first, be optimistic about the opportunity, and plan ahead. The rest is the accumulation of waiting time, and you will eventually win the sweet fruit🍒 Xiao Xiami who fights bravely with you in this crypto world🦐 Let’s encourage each other🙏🏻Come on together👏If you think what I said makes sense, please help me and share it with other shrimps who are still struggling. The real thing is the real thing❗️If you are a fellow traveler, you can read the previous articles, Let’s have a good understanding of what ADA is and let’s embrace the future together. Come on🧧 #ETH #ADA #ada未來 $BTC $ETH $ADA #山寨币热点 #BTC走势分析
Thank you readers for taking the time to come to this article step by step. From here, you can understand that you are all people with a long-term vision and a broad mind. So I will not talk nonsense and go straight to the final chapter of the topic📖
### 3. The connection between ADA and Bitcoin
Although Cardano and Bitcoin are two independent blockchains, they can complement each other in some ways:
1. **Interoperability**: Cardano is developing a cross-chain protocol aimed at enabling interoperability between different blockchains. This will allow asset transfer and interaction between ADA and Bitcoin. 2. **Security**: As the earliest and most widely used blockchain, Bitcoin provides a high degree of security and trust. Cardano’s innovations aim to increase efficiency while borrowing from Bitcoin’s security model. 3. **Ecosystem Cooperation**: Through cross-chain bridging and other technologies, Cardano can be integrated with applications and assets in the Bitcoin ecosystem, thereby expanding its application scope.
In summary, ADA (Cardano) has focused on solving the main challenges facing the blockchain industry during its development process and achieving more efficient network operations through innovative technologies such as the Ouroboros PoS consensus mechanism. At the same time, Cardano actively explores interoperability with other blockchains such as Bitcoin to promote the integration of a broader blockchain ecosystem.
The value of a currency is not how high it rises at this stage, but how far it can accompany you. Only by silently holding spot positions when no one notices its value and slowly accumulating can you be at the moment when it grows. , get more value, I hope everyone will work hard and wait for that day to come❗️ #BTC走势分析 #现货以太坊ETF获美SEC批准 #ETH #ADA $BTC $ETH $ADA
Readers who can read this article must have read the introduction of the previous article carefully and are people who truly understand the value of ADA. As long as they firmly believe and deploy step by step, our time will eventually come. Come on everyone❗️ Without further ado, let’s move on to our next chapter📖
### 2. How ADA operates
Cardano uses the Ouroboros consensus mechanism, which is a Proof-of-Stake (PoS) protocol that is different from Bitcoin's Proof-of-Work (PoW) mechanism and has higher energy efficiency. Here are its main features:
1. **PoS consensus mechanism**: Users holding ADA can entrust tokens to the pledge pool, participate in network consensus, and obtain block rewards. 2. **Pledge Pool**: The pledge pool operator is responsible for maintaining the security and stability of the network. Token holders can choose to delegate ADA to different staking pools. 3. **Decentralized Governance**: Cardano’s governance system allows currency holders to vote on network proposals and decide future upgrades and changes.
The accumulation now is to stand more firmly, go further, and develop longer in the future, so don’t be anxious and take a long-term view. In the end, the fruits that belong to us will come🍒 #BTC走势分析 #ETH #ADA $BTC $ETH $ADA
In the past few days, I have seen many friends in the currency circle discussing the future development and potential of ADA, and the most important "money" path. I personally put forward these points, why do we start from the development instead of the "money" path? To discuss it? New coins are launched in the currency circle every once in a while, and some coins slowly disappear every once in a while. In fact, returning to the fundamentals means that the overall structure is not solid enough and there is no room for future development. There is an idiom called accumulation, and I know some friends have been holding ADA for a while, with ups and downs, but never going up. Even when everyone is going up, this guy doesn't go up but goes down. But in fact, calm down and reflect. Thinking about it, the accumulation during this period of time is exchanged for the surprise fruits later, isn't it delicious? Maybe I don’t have much capital, and I really can’t beat these teachers who are racing on the battlefield, but I firmly believe that as long as we have a calm mind and conduct DCA regularly, we will eventually win sweet fruits. Let’s work hard together❗️
I am a newbie who has just entered the currency circle. I have read a lot of various analyzes by seniors in the currency circle a while ago. To be honest, for some ordinary people, I still have only a little understanding of it. Until these few days, I read an article about oil that I admire very much. Uncle, after talking about it, I suddenly realized that the process of becoming rich is not something that can be achieved overnight. Of course, there are also people who have luck and opportunity, but after all, they are just rare. Even though they share a lot The argument is that we cannot perfectly replicate their success, so there is no need to worry. As long as we plan ahead and work steadily, we will eventually reap fruitful results. I hope everyone will become rich together. This is my first post, if I offend you, please include it in detail, thank you! #以太坊ETF批准预期 #BTC走势分析 #ADA #ada未來 $BTC $ETH $BTC