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Beware of Networks: Why you shouldn't transfer from World Chain to Binance on Optimist
When making cryptocurrency transfers, it is crucial to select the right network. A common mistake is to try to send funds from World Chain to Binance using the Optimist network, which can result in the loss of funds. Binance does not support World Chain transfers via Optimist, resulting in invalid transactions.
Example
If you send 50 WLD worth of World Chain to Binance using Optimist, your tokens will not arrive, and you will likely lose them.
Recommendation
Before making any transaction, always check the networks supported by the platform. On Binance, make sure to select the network supported by the cryptocurrency you are transferring. If in doubt, check the platform's guides to avoid losing your funds due to network errors.
Example
If you send 50 WLD worth of World Chain to Binance using Optimist, your tokens will not arrive, and you will likely lose them.
Recommendation
Before making any transaction, always check the networks supported by the platform. On Binance, make sure to select the network supported by the cryptocurrency you are transferring. If in doubt, check the platform's guides to avoid losing your funds due to network errors.
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Pareto's Law in Cryptocurrencies: How 80/20 Can Improve Your Investments
Pareto's Law, or the 80/20 rule, suggests that 80% of the results come from 20% of the efforts. In the crypto world, this rule can be a great ally in maximizing your profits.
For example, a large portion of your returns could come from a few key coins, such as Bitcoin or Ethereum. Investing in these stablecoins will allow you to generate consistent profits, while allocating a smaller percentage to riskier coins can give you growth opportunities without compromising your portfolio too much.
For example, a large portion of your returns could come from a few key coins, such as Bitcoin or Ethereum. Investing in these stablecoins will allow you to generate consistent profits, while allocating a smaller percentage to riskier coins can give you growth opportunities without compromising your portfolio too much.
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Worldcoin partners with Dune Analytics to power World Chain
Worldcoin has announced a strategic partnership with Dune Analytics to support the development of World Chain, its new layer-2 blockchain network. The goal is to improve accessibility to important data for users and developers. This collaboration will allow exploring key metrics such as the number of real users on the network, the performance of DeFi protocols, and other relevant data.
World Chain, based on Ethereum, seeks to host use cases that leverage biometric verification, one of the pillars of the Worldcoin project. This partnership reinforces the project's mission by providing detailed analysis tools to the community.
Expansion and legal challenges
Worldcoin continues its global expansion, recently launching its "Face Auth" verification system for its World ID digital identity. It has also started operations in countries such as Guatemala, Malaysia, and Poland. However, it faces legal challenges, such as a fine in South Korea for mishandling biometric data and new investigations in Latin American countries such as Colombia and Chile.
This alliance with Dune Analytics comes at a key time for the project, as it seeks to consolidate itself while facing regulatory concerns.
#IntroToCopytrading #BecomeCreator #Worldcoins #TopCoinsSeptember
Worldcoin has announced a strategic partnership with Dune Analytics to support the development of World Chain, its new layer-2 blockchain network. The goal is to improve accessibility to important data for users and developers. This collaboration will allow exploring key metrics such as the number of real users on the network, the performance of DeFi protocols, and other relevant data.
World Chain, based on Ethereum, seeks to host use cases that leverage biometric verification, one of the pillars of the Worldcoin project. This partnership reinforces the project's mission by providing detailed analysis tools to the community.
Expansion and legal challenges
Worldcoin continues its global expansion, recently launching its "Face Auth" verification system for its World ID digital identity. It has also started operations in countries such as Guatemala, Malaysia, and Poland. However, it faces legal challenges, such as a fine in South Korea for mishandling biometric data and new investigations in Latin American countries such as Colombia and Chile.
This alliance with Dune Analytics comes at a key time for the project, as it seeks to consolidate itself while facing regulatory concerns.
#IntroToCopytrading #BecomeCreator #Worldcoins #TopCoinsSeptember
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very good project
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CryptoNewsLand
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Binance Announces Worldcoin (WLD) Perpetual Contract Amid 27% Price Surge
Binance will launch Worldcoin (WLD) perpetual contracts on October 2, with up to 20x leverage for traders.
Worldcoin's price surged 27% in a week, reaching $2.10, with a monthly increase of 40%.
A major Worldcoin token unlock is set for September, part of a $2 billion unlock across multiple cryptocurrencies.
Binance has revealed plans to launch a Worldcoin (WLD) perpetual contract on its futures platform. Trading will begin on October 2, allowing users to trade WLD with up to 20x leverage. This announcement comes during a significant price surge for WLD, which has risen by 27% over the past week.
The new WLDUSD COIN-M perpetual contract will offer traders the opportunity to leverage their positions, giving them more flexibility in how they trade the asset. However, Binance clarified that multi-assets mode will not be available for Worldcoin, and the contractâs tick size is set at 0.0001.
Worldcoin Token Unlock and Price Momentum
In addition to the Binance contract launch, Worldcoin is preparing for a major token unlock this September valued at $58 million. This event is part of a $2 billion wave of token unlocks across several cryptocurrencies, including Solana.Â
The token unlock could increase the number of WLD in circulation, possibly impacting its price in the short term. However, strong market demand continues to drive optimism around the token's future.
Worldcoinâs price has reached a high of $2.10 today, after hitting a weekly high of $2.17. The token has shown a 27% rise over the past week, while its monthly performance boasts a 40% increase. Many investors are now keeping a close eye on Worldcoin, hoping for further gains after its Binance listing.
Will WLD Reach $100?
Some analysts believe that Worldcoinâs price could eventually hit $100, especially with the added exposure from Binanceâs perpetual contract listing. While this is a bold prediction, it highlights the growing interest in Worldcoin and its potential in the market. Whether or not the token reaches this milestone depends on several factors, including demand, trading volume, and how the market responds to the upcoming token unlocks.
Binanceâs decision to offer WLD perpetual contracts with 20x leverage is a major development for traders. As the token unlock nears and Worldcoin continues to gain momentum, the market outlook remains positive, signaling potential growth for WLD.
The post Binance Announces Worldcoin (WLD) Perpetual Contract Amid 27% Price Surge appeared first on Crypto News Land.
Worldcoin's price surged 27% in a week, reaching $2.10, with a monthly increase of 40%.
A major Worldcoin token unlock is set for September, part of a $2 billion unlock across multiple cryptocurrencies.
Binance has revealed plans to launch a Worldcoin (WLD) perpetual contract on its futures platform. Trading will begin on October 2, allowing users to trade WLD with up to 20x leverage. This announcement comes during a significant price surge for WLD, which has risen by 27% over the past week.
The new WLDUSD COIN-M perpetual contract will offer traders the opportunity to leverage their positions, giving them more flexibility in how they trade the asset. However, Binance clarified that multi-assets mode will not be available for Worldcoin, and the contractâs tick size is set at 0.0001.
Worldcoin Token Unlock and Price Momentum
In addition to the Binance contract launch, Worldcoin is preparing for a major token unlock this September valued at $58 million. This event is part of a $2 billion wave of token unlocks across several cryptocurrencies, including Solana.Â
The token unlock could increase the number of WLD in circulation, possibly impacting its price in the short term. However, strong market demand continues to drive optimism around the token's future.
Worldcoinâs price has reached a high of $2.10 today, after hitting a weekly high of $2.17. The token has shown a 27% rise over the past week, while its monthly performance boasts a 40% increase. Many investors are now keeping a close eye on Worldcoin, hoping for further gains after its Binance listing.
Will WLD Reach $100?
Some analysts believe that Worldcoinâs price could eventually hit $100, especially with the added exposure from Binanceâs perpetual contract listing. While this is a bold prediction, it highlights the growing interest in Worldcoin and its potential in the market. Whether or not the token reaches this milestone depends on several factors, including demand, trading volume, and how the market responds to the upcoming token unlocks.
Binanceâs decision to offer WLD perpetual contracts with 20x leverage is a major development for traders. As the token unlock nears and Worldcoin continues to gain momentum, the market outlook remains positive, signaling potential growth for WLD.
The post Binance Announces Worldcoin (WLD) Perpetual Contract Amid 27% Price Surge appeared first on Crypto News Land.
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According to various sources, Changpeng Zhao (CZ), former CEO of Binance, has been released from prison.
What do you think about the release of Changpeng Zhao, former CEO of Binance? đ§
What do you think about the release of Changpeng Zhao, former CEO of Binance? đ§
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We'll see.
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--
đš Binance Announces Worldcoin Futures, WLD Price Eyes Run to $4 đš
Binance today announced futures listing for Worldcoin (WLD).Users can enjoy up to 20x leverage trading the asset on the platform.Can Worldcoin extend its gains to $4 in light of the announcement?
Crypto exchange Binance on Friday issued an important announcement on Sam Altmanâs AI-meets-crypto project, Worldcoin (WLD). The exchange revealed that it is forging ahead with WLD futures listing, echoing a frenzy among market watchers globally. The move comes as WLD price rallied 27% in a week, with anticipation of further upside momentum.
Binance Unveils Perpetual Contract For Worldcoin
According to an official Binance announcement dated September 27, the exchangeâs futures arm is launching WLDUSD COIN-M perpetual contract on October 2 at 10:00 UTC. Users can enjoy up to 20x leverage trading the asset on the platform. This move by the top crypto exchange comes as an effort to enhance trade offerings for users.
Meanwhile, the underlying asset remains Sam Altmanâs Worldcoin (WLD). However, the announcement clarified that multi-assets mode is not supported for the coin. The tick size set by the crypto exchange remains 0.0001.
Nevertheless, Binance, as usual, clarified that it may make changes to the perpetual contract subject to market risk conditions ahead. The potential changes in the future could encompass adjustments in funding fee, tick size, maximum leverage, initial margin, and maintenance margin requirements.
Simultaneously, WLD priceâs broader market charts solidified investor optimism on the asset today. The futures listing announcement builds up further optimistic sentiments for the tokenâs run ahead, driving market interest.
WLD Price Up 27% Over The Week
At the time of reporting, WLD price gained nearly 1% and was trading at $2.10. The coinâs intraday low and high were $2.00 and $2.17, respectively. Intriguingly, weekly charts underscored a 27% uptick in the assetâs value. Moreover, the monthly chart showcased a whopping 40% gain, sparking further optimism.
Notably, Binanceâs past listings have fueled a positive impact on a tokenâs price. CoinGape Media reported Catizen price soared over 30% upon its listing on the exchange. However, itâs also worth mentioning that Telegram P2E Hamster Kombat (HMSTR) price slipped remarkably to date after listing on Binance. This has clouded Worldcoin future price movements as an enigma.
Besides, Worldcoin futures OI slipped 1% to $218.44 million today. Simultaneously, the derivatives volume slipped 26% to $1.47 billion, adding to uncertainty on price movements ahead despite recent gains and the futures listing.
Nonetheless, itâs also worth mentioning that a recent X post by the AI coinâs community revealed a landmark achievement. The AI-meets-crypto projectâs World ID got rolled out in three new countries this week. These countries are Guatemala, Malaysia, and Poland. The projectâs expansion aligns with its native tokenâs price gains. â $WLD
Also, itâs also worth mentioning that a recent WLD price analysis by CoinGape Media revealed that on-chain metrics turned bullish, paving the road for a $4 target ahead. The token faces key resistance at $2.50 and $3.20, a break above which could propel a run to $4 ahead
#BinanceLaunchpoolHMSTR #CATIonBinance #BTCReboundsAfterFOMC #OMC #FTXSolanaRedemption
Crypto exchange Binance on Friday issued an important announcement on Sam Altmanâs AI-meets-crypto project, Worldcoin (WLD). The exchange revealed that it is forging ahead with WLD futures listing, echoing a frenzy among market watchers globally. The move comes as WLD price rallied 27% in a week, with anticipation of further upside momentum.
Binance Unveils Perpetual Contract For Worldcoin
According to an official Binance announcement dated September 27, the exchangeâs futures arm is launching WLDUSD COIN-M perpetual contract on October 2 at 10:00 UTC. Users can enjoy up to 20x leverage trading the asset on the platform. This move by the top crypto exchange comes as an effort to enhance trade offerings for users.
Meanwhile, the underlying asset remains Sam Altmanâs Worldcoin (WLD). However, the announcement clarified that multi-assets mode is not supported for the coin. The tick size set by the crypto exchange remains 0.0001.
Nevertheless, Binance, as usual, clarified that it may make changes to the perpetual contract subject to market risk conditions ahead. The potential changes in the future could encompass adjustments in funding fee, tick size, maximum leverage, initial margin, and maintenance margin requirements.
Simultaneously, WLD priceâs broader market charts solidified investor optimism on the asset today. The futures listing announcement builds up further optimistic sentiments for the tokenâs run ahead, driving market interest.
WLD Price Up 27% Over The Week
At the time of reporting, WLD price gained nearly 1% and was trading at $2.10. The coinâs intraday low and high were $2.00 and $2.17, respectively. Intriguingly, weekly charts underscored a 27% uptick in the assetâs value. Moreover, the monthly chart showcased a whopping 40% gain, sparking further optimism.
Notably, Binanceâs past listings have fueled a positive impact on a tokenâs price. CoinGape Media reported Catizen price soared over 30% upon its listing on the exchange. However, itâs also worth mentioning that Telegram P2E Hamster Kombat (HMSTR) price slipped remarkably to date after listing on Binance. This has clouded Worldcoin future price movements as an enigma.
Besides, Worldcoin futures OI slipped 1% to $218.44 million today. Simultaneously, the derivatives volume slipped 26% to $1.47 billion, adding to uncertainty on price movements ahead despite recent gains and the futures listing.
Nonetheless, itâs also worth mentioning that a recent X post by the AI coinâs community revealed a landmark achievement. The AI-meets-crypto projectâs World ID got rolled out in three new countries this week. These countries are Guatemala, Malaysia, and Poland. The projectâs expansion aligns with its native tokenâs price gains. â $WLD
Also, itâs also worth mentioning that a recent WLD price analysis by CoinGape Media revealed that on-chain metrics turned bullish, paving the road for a $4 target ahead. The token faces key resistance at $2.50 and $3.20, a break above which could propel a run to $4 ahead
#BinanceLaunchpoolHMSTR #CATIonBinance #BTCReboundsAfterFOMC #OMC #FTXSolanaRedemption
Up
LIVECryptoTalks
--
đ°XRP Price Hits Critical Roadblock, Facing Strong Resistance
XRP hits roadblock on its way up, making quick reversal close to impossibleThe XRP market is at a crossroads, encountering a critical resistance level that could determine its near-term trajectory. The recent price action on the XRP/USDT chart suggests a potential standoff between bullish momentum and bearish resistance.The provided chart indicates that XRP is struggling to breach a strong resistance zone. After a period of upward movement, the price has hit a level where selling pressure seems to be mounting, potentially stalling further gains. This resistance is critical because it represents a junction where market sentiment could shift, leading to either a continuation of the uptrend or a reversal into bearish territory.One concerning sign for XRP bulls is the recent slip below the 50-day exponential moving average (EMA), a tool commonly used by traders to gauge medium-term market trends. Falling below the 50 EMA can often signal that the market is losing upward momentum and that bears are gaining strength. If XRP fails to reclaim this level, it could face further downside.Despite the current resistance, there are scenarios under which XRP could rally.Break and hold above resistance: If XRP can break through the current resistance and close above it, particularly above the 50 EMA, this would signal strength and could lead to a test of higher resistance levels, potentially targeting the $0.70 mark, where previous local highs were established.Bullish market sentiment: A broader market rally, driven by positive news or sentiment within the crypto space, could carry XRP upward. In this scenario, a push beyond $0.65 could see it testing the $0.75 zone, challenging the higher peaks observed in the recent past.Technical reversal patterns: Should XRP form a bullish technical pattern, such as a double bottom or an inverted head and shoulders, around the current levels, this could attract technical buyers. Support levels to watch in this case would be around the $0.60 range, with potential rallies aiming for the $0.80 resistance, where significant sell orders may be clustered.Dont forget to follow #CryptoTalks for more info đ
đ
LIVECryptopolitan
--
Ripple and SEC Are Discussing Possible Settlement Today
In a significant development that has been brewing for over three years, Ripple and the US Securities and Exchange Commission (SEC) are poised to potentially resolve their prolonged legal battle.
Today marks a critical juncture as both parties engage in a court-mandated meeting to discuss terms for a potential settlement, potentially putting an end to the dispute that has riveted the digital asset industry.
The Path to Todayâs Crucial Meeting
The conflict, which centers around the controversial status of Rippleâs XRP token, saw a major twist when a judge ruled against the SEC, marking a significant win for Ripple. Despite this victory, the resolution of their conflict has been eagerly anticipated by market observers, with many speculating on the potential for a settlement.
Todayâs meeting, part of the Sunshine Act Meetings, is a closed-door session where both Ripple and the SEC will deliberate over various topics including the settlement of administrative proceedings, injunctive actions, and litigation-related matters. The outcomes of this dialogue are expected to shape the future of both Ripple and the broader digital asset market.
Settlement Talks Under the Spotlight
The potential settlement has been a topic of intense speculation for quite some time. Reports surfaced that the SEC had initially proposed a hefty fine of $770 million against Ripple, a proposition that was reportedly rebuffed by the latter. Todayâs discussions are anticipated to address these matters more intensively, potentially leading to a resolution that has been long overdue.
The impact of this case extends far beyond the immediate interests of Ripple and the SEC. It is seen as a bellwether for the digital asset industry, particularly in terms of how regulatory bodies interact with and oversee the burgeoning cryptocurrency sector. A settlement, or lack thereof, could have far-reaching implications for market dynamics and the regulatory landscape.
The Ripple-SEC saga has been closely monitored not just for its legal implications but also for its potential to set precedents in cryptocurrency regulation and enforcement. As the industry stands at the crossroads of mainstream acceptance and regulatory scrutiny, the resolution of this case could signal a new era in crypto regulation.
The Future of Ripple and Digital Asset Regulation
As Ripple and the SEC converge for this pivotal discussion, the stakes are incredibly high. For Ripple, a favorable settlement could pave the way for renewed growth and legitimacy in a market that is increasingly crowded and competitive.
For the SEC, it represents an opportunity to clarify its stance and regulatory approach towards digital assets, a sector that has been fraught with ambiguity and uncertainty.
Moreover, the outcome of these discussions could potentially influence how other cryptocurrencies are viewed and treated by regulatory bodies, setting the tone for future interactions between the crypto industry and regulators. As the digital asset space evolves, the lessons learned from this case could be instrumental in shaping its trajectory.
In conclusion, as Ripple and the SEC sit down for their landmark meeting today, the crypto world watches with bated breath. The implications of this discussion are enormous, not just for the involved parties but for the entire digital asset industry.
The outcome could very well dictate the future course of cryptocurrency regulation and enforcement, making this one of the most consequential meetings in the history of digital assets.
Today marks a critical juncture as both parties engage in a court-mandated meeting to discuss terms for a potential settlement, potentially putting an end to the dispute that has riveted the digital asset industry.
The Path to Todayâs Crucial Meeting
The conflict, which centers around the controversial status of Rippleâs XRP token, saw a major twist when a judge ruled against the SEC, marking a significant win for Ripple. Despite this victory, the resolution of their conflict has been eagerly anticipated by market observers, with many speculating on the potential for a settlement.
Todayâs meeting, part of the Sunshine Act Meetings, is a closed-door session where both Ripple and the SEC will deliberate over various topics including the settlement of administrative proceedings, injunctive actions, and litigation-related matters. The outcomes of this dialogue are expected to shape the future of both Ripple and the broader digital asset market.
Settlement Talks Under the Spotlight
The potential settlement has been a topic of intense speculation for quite some time. Reports surfaced that the SEC had initially proposed a hefty fine of $770 million against Ripple, a proposition that was reportedly rebuffed by the latter. Todayâs discussions are anticipated to address these matters more intensively, potentially leading to a resolution that has been long overdue.
The impact of this case extends far beyond the immediate interests of Ripple and the SEC. It is seen as a bellwether for the digital asset industry, particularly in terms of how regulatory bodies interact with and oversee the burgeoning cryptocurrency sector. A settlement, or lack thereof, could have far-reaching implications for market dynamics and the regulatory landscape.
The Ripple-SEC saga has been closely monitored not just for its legal implications but also for its potential to set precedents in cryptocurrency regulation and enforcement. As the industry stands at the crossroads of mainstream acceptance and regulatory scrutiny, the resolution of this case could signal a new era in crypto regulation.
The Future of Ripple and Digital Asset Regulation
As Ripple and the SEC converge for this pivotal discussion, the stakes are incredibly high. For Ripple, a favorable settlement could pave the way for renewed growth and legitimacy in a market that is increasingly crowded and competitive.
For the SEC, it represents an opportunity to clarify its stance and regulatory approach towards digital assets, a sector that has been fraught with ambiguity and uncertainty.
Moreover, the outcome of these discussions could potentially influence how other cryptocurrencies are viewed and treated by regulatory bodies, setting the tone for future interactions between the crypto industry and regulators. As the digital asset space evolves, the lessons learned from this case could be instrumental in shaping its trajectory.
In conclusion, as Ripple and the SEC sit down for their landmark meeting today, the crypto world watches with bated breath. The implications of this discussion are enormous, not just for the involved parties but for the entire digital asset industry.
The outcome could very well dictate the future course of cryptocurrency regulation and enforcement, making this one of the most consequential meetings in the history of digital assets.
Yes
LIVEBookbinder
--
THE 13 KEY PRINCIPLES TO MAINTAIN SOLID CONSISTENCY IN CRYPTO TRADING
THERE ARE VERY COMMON ERRORS THAT NO ONE TALKS ABOUT. When you are starting this business OR YOU HAVE TIME AND YOU ARE NOT VERY CLEAR, you don't understand very well ALL THE NOISE THAT IS GENERATED AND THAT MAKES YOU NOT ABLE TO MAKE RIGHT DECISIONS. Reading the market with all that information that you have accumulated in your brain from NEWS, FORUMS, NETWORKS, is the same as trying to read it only from indicators. Just like a BUSINESS SELLING SHOES or HAMBURGERS, you will have to learn that not every day there are sales, that not every day you make the same amount of money, NOR WILL YOU FIND KIND CUSTOMERS.
Mmm
LIVECoinpedia
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XRP Price Breaks Out of Its Key Resistance! Is the $0.64 Next Stop for Ripple?
The post XRP Price Breaks Out Of Its Key Resistance! Is The $0.64 Next Stop For Ripple? appeared first on Coinpedia Fintech News
The crypto industry seems to have started cooling down, as the market has mostly been trading sideways this week. Top cryptocurrencies have displayed minor corrections in their respective values, with major altcoins experiencing the same.
EGRAR CRYPTO, a well-known crypto analyst with substantial followers of nearly 38K on the âXâ platform, has closely followed the XRP price for quite some time now and has spotted trends for the possibility of a massive price action soon.
#XRP Short Term Analysis â Dangles & Bangs (update):Check out the September 15th, 2023 post on@egragcrypto to see how the DTL 'A' (Descending Trend Line) is acting https://t.co/wZ0hiMU3y9⊠#XRP and how #XRP bangs the DTL 'A' has reached near Fib 0.382 level at 0.58c. Find⊠https://t.co/bYkswNyCJe pic.twitter.com/S9u3v61PWr
â EGRAG CRYPTO (@egragcrypto) October 28, 2023
The analyst highlights the Ripples token is presently undergoing a possible breakout as it has managed to breach the cross-resistance/support level but is presently retesting it. Further, the price is seen trading with the support of the resistance trendline, indicating a possibility of a bullish turnover soon.
Moreover, the analyst suggests staying steady as the price can result in either way of the trendline as it is trading very close to it.
Short-Term XRP Price Prediction:
The XRP price has been trading in a cross-resistance/support zone since mid-July. The price was seen steadily trading in the range with the help of the support level. The price experienced a dip in value during mid-August, resulting in the coin breaking down the trend, but the coin was hovering close to the level.
In mid-September, the price regained momentum and broke into the range, following which the price gained momentum and displayed steady price fluctuations.
TradingView: XRP/USDT
Following the Golden Cross, the price gained momentum and managed to break out of the resistance level, indicating a bullish influence in the market. The XRP price simultaneously broke out of the important resistance level at $0.5455 and is presently hovering close to it.
If the bulls continue to gain power and hold the price above the support level of $0.5394, the price will gain momentum and make a run to test its key resistance level at $0.64 in the coming week.
On the contrary, if the bears overpower the bulls and the coin breaks down the support level at $0.5394, the XRP token will lose momentum, fall back into the cross-resistance/support zone, and test its crucial support level at $0.4422.
The crypto industry seems to have started cooling down, as the market has mostly been trading sideways this week. Top cryptocurrencies have displayed minor corrections in their respective values, with major altcoins experiencing the same.
EGRAR CRYPTO, a well-known crypto analyst with substantial followers of nearly 38K on the âXâ platform, has closely followed the XRP price for quite some time now and has spotted trends for the possibility of a massive price action soon.
#XRP Short Term Analysis â Dangles & Bangs (update):Check out the September 15th, 2023 post on@egragcrypto to see how the DTL 'A' (Descending Trend Line) is acting https://t.co/wZ0hiMU3y9⊠#XRP and how #XRP bangs the DTL 'A' has reached near Fib 0.382 level at 0.58c. Find⊠https://t.co/bYkswNyCJe pic.twitter.com/S9u3v61PWr
â EGRAG CRYPTO (@egragcrypto) October 28, 2023
The analyst highlights the Ripples token is presently undergoing a possible breakout as it has managed to breach the cross-resistance/support level but is presently retesting it. Further, the price is seen trading with the support of the resistance trendline, indicating a possibility of a bullish turnover soon.
Moreover, the analyst suggests staying steady as the price can result in either way of the trendline as it is trading very close to it.
Short-Term XRP Price Prediction:
The XRP price has been trading in a cross-resistance/support zone since mid-July. The price was seen steadily trading in the range with the help of the support level. The price experienced a dip in value during mid-August, resulting in the coin breaking down the trend, but the coin was hovering close to the level.
In mid-September, the price regained momentum and broke into the range, following which the price gained momentum and displayed steady price fluctuations.
TradingView: XRP/USDT
Following the Golden Cross, the price gained momentum and managed to break out of the resistance level, indicating a bullish influence in the market. The XRP price simultaneously broke out of the important resistance level at $0.5455 and is presently hovering close to it.
If the bulls continue to gain power and hold the price above the support level of $0.5394, the price will gain momentum and make a run to test its key resistance level at $0.64 in the coming week.
On the contrary, if the bears overpower the bulls and the coin breaks down the support level at $0.5394, the XRP token will lose momentum, fall back into the cross-resistance/support zone, and test its crucial support level at $0.4422.
Los contratos inteligentes de BSC: La revoluciĂłn blockchain ha llegado
## Smart Contracts on Binance Smart Chain
Binance Smart Chain (BSC) is a blockchain network that has quickly emerged as a popular platform for deploying smart contracts. Launched in 2020, BSC aims to provide a high-performance and low-cost environment for running decentralized applications (dApps).
Some key advantages of using BSC for smart contracts include:
- High throughput - BSC utilizes a Delegated Proof of Stake consensus mechanism that allows it to achieve much faster block times (3 seconds) compared to networks like Ethereum. This makes it well-suited for dApps that require fast and frequent transactions.
- Low fees - Transaction fees on BSC are negligible, with typical fees being well under $0.10 per transaction. This is significantly cheaper than fees on Ethereum which can often be $20+ during times of network congestion.
- EVM compatibility - BSC is compatible with the Ethereum Virtual Machine (EVM), which means that developers can easily port smart contracts and dApps from Ethereum over to BSC. This makes migration to BSC very straightforward.
- Rapid adoption - In 2021, BSC saw massive growth in usage, with the total value locked in DeFi protocols on BSC surpassing $30 billion. Leading DeFi protocols like PancakeSwap and Venus have billions locked.
Overall, the combination of fast transaction times, extremely low fees, and EVM compatibility has made BSC a go-to blockchain for deploying smart contracts. It provides a scalable and cost-efficient alternative to networks like Ethereum while still maintaining interoperability. Many developers have chosen to launch or migrate their dApps to BSC in order to improve user experience and reduce costs.
## Developing Smart Contracts on BSC
Binance Smart Chain (BSC) has become a popular platform for developing decentralized applications and smart contracts due to its Ethereum Virtual Machine (EVM) compatibility and low transaction fees.
Smart contracts on BSC are written in Solidity, which is the most commonly used programming language for Ethereum and EVM-compatible blockchains. Solidity is an object-oriented, high-level language that is designed for implementing smart contracts.
Some key tools used for developing smart contracts on BSC include:
- Remix - A browser-based IDE that allows you to write, deploy and administer Smart Contracts. Remix supports Solidity, Vyper and Yul languages. It can connect with MetaMask to deploy contracts on the BSC testnet and mainnet.
- Truffle - A popular development framework that provides built-in smart contract compilation, linking, deployment and binary management. Truffle integrates with BSC through the use of Truffle Config and @truffle/hdwallet-provider. It also includes advanced features like smart contract testing.
- Web3.js - A Javascript library that allows front-end applications to interact with the BSC blockchain and smart contracts through JSON-RPC. Developers can use Web3.js to call contract functions and listen for events from within Javascript code.
- Hardhat - A development environment toolkit designed for full stack dapp development. Hardhat includes powerful features like stack traces, console.log and gas reports to help debug transactions. It also allows easy deployment to BSC testnets and mainnet.
When developing smart contracts on BSC, it's important to thoroughly test the code for security vulnerabilities before deploying. Tools like MythX can be used along with Truffle for security analysis. Overall, BSC provides developers a fast, low-cost environment to build and launch decentralized applications powered by smart contracts.
## Popular BSC Smart Contracts
Binance Smart Chain (BSC) has become a popular blockchain network for deploying smart contracts. Some of the most widely used BSC smart contracts include:
### PancakeSwap
PancakeSwap is a decentralized exchange (DEX) built on BSC using smart contracts. It allows users to trade tokens and provide liquidity using BSC-pegged assets like BNB. PancakeSwap aims to provide a fast, cheap and easy user experience similar to Uniswap on Ethereum.
It has surged in popularity, processing over $30 billion in volume in its first year. PancakeSwap lets users trade tokens, provide liquidity, stake CAKE tokens and more. New features like the lottery, prediction market and NFT profile system continue to attract users.
### Venus
Venus is a decentralized finance (DeFi) money market and stablecoin protocol built on BSC. It allows users to supply crypto assets as collateral to borrow stablecoins like vUSD. Venus offers high yield opportunities to lenders and low collateralization ratios for borrowers.
Venus has seen rapid growth, with over $7 billion locked in the protocol. It aims to make DeFi accessible to a wider audience with its simple interface and experience. The Venus Reward Token (VRT) provides governance rights and fee dividends.
### Alpaca Finance
Alpaca Finance is a lending protocol on BSC that allows leveraged yield farming. Users can stake liquidity provider (LP) tokens as collateral to borrow other assets for further yield farming. This amplifies potential gains but also risk.
Alpaca has over $1 billion TVL locked. It offers high APYs to incentivize lending. The platform is popular for leveraged farming opportunities on BSC. The Alpaca token provides governance over parameters like interest rates.
## Smart Contract Use Cases
Smart contracts are being used to power a variety of decentralized applications and platforms, particularly in the areas of decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs).
### Decentralized Finance (DeFi)
Many DeFi protocols are built on smart contracts, allowing for decentralized lending, borrowing, trading, insurance, payments and more without intermediaries. On Binance Smart Chain, popular DeFi projects utilizing smart contracts include PancakeSwap (automated market maker), Venus (lending and borrowing), Ellipsis (stablecoin protocol), and many others. These platforms allow users to earn interest, trade assets, provide liquidity, and access financial services in a decentralized manner.
### Non-Fungible Tokens (NFTs)
NFTs use smart contracts to provide verification of ownership and authenticity of unique digital assets like artwork, collectibles, virtual real estate, and more on blockchain. On BSC, NFT marketplaces like Treasureland, BakerySwap, and others utilize smart contracts to mint and trade NFTs. Artists and content creators are leveraging NFT smart contracts to sell their work directly to fans and collectors.
### Decentralized Autonomous Organizations (DAOs)
DAOs are organizations that operate through rules encoded in smart contracts, allowing for transparent governance and decision making. BSC projects like PancakeSwap and many others use DAOs governed by smart contract rules to collectively determine features, allocate resources, manage disputes, and more with community stakeholders.
## Smart Contract Security
Security is crucial for smart contracts because they control real value and cannot be easily updated once deployed. There are several ways to help ensure smart contract security:
### Audits
Conducting professional smart contract audits is highly recommended before launching. Audits analyze the code to uncover vulnerabilities, logic errors, or other issues. Various firms offer smart contract auditing services. Audits increase the reliability of smart contracts, but cannot guarantee complete security.
### Formal Verification
Formal verification uses mathematical proof techniques to prove the correctness of smart contract code. This provides a higher level of certainty than auditing, but is more complex and expensive. Formal verification is best suited for critical smart contracts that need the highest level of assurance.
### Best Practices
Following security best practices when developing smart contracts also reduces risks. Recommendations include:
- Carefully managing dependencies and avoiding unnecessary imports
- Keeping contract logic simple and modular
- Extensive testing and simulation of all functions
- Enforcing invariants and consistent valid states
- Adding overflow/underflow checks
- Leveraging security-focused languages like Vyper
Proper developer education on secure coding practices is important. Robust peer review and testing processes further help mitigate risks.
Overall smart contract security continues to improve with growing awareness, better development tools, and formal methods. However, all complex software likely contains some flaws so risks cannot be eliminated entirely.
## Smart Contract Limitations
Smart contracts provide many advantages, but also have some key limitations to be aware of.
### Immutability
One of the main principles of smart contracts is that they are immutable, meaning they cannot be changed once deployed to the blockchain. This provides security, but also inflexibility. If a bug is discovered in a smart contract, there is no easy way to patch or upgrade it. The only options are to restart with a new fixed contract, or build a decentralized workaround. This immutability makes careful testing and auditing essential before launching a smart contract.
### Oracle Reliance
Smart contracts can only interact with data within the blockchain itself. To connect with real-world data like market prices, they rely on oracle services. This introduces some centralized components and trust issues. The contract is dependent on the oracle providing accurate and timely data. Malicious oracles could provide manipulated data to trigger certain contract outcomes. Oracles also represent a weak point - if the oracle goes offline, the contract cannot function properly.
### Scaling Challenges
Since smart contracts run on blockchain networks like Ethereum, they inherit some of the scaling challenges. Performance is limited by factors like block size and frequency. This can make smart contracts ill-suited for high throughput applications. Upgraded networks like Binance Smart Chain improve scalability, but there are still limits compared to centralized servers. As blockchain adoption increases, scaling smart contracts to handle higher transaction volumes is an ongoing obstacle.
## Smart Contract Regulation
While smart contracts offer many benefits, they also come with regulatory challenges. Since smart contracts are self-executing programs stored on a blockchain, there is often a lack of oversight and accountability. This has posed difficulties for regulators like the SEC (Securities and Exchange Commission) in the United States.
For example, in 2020 the SEC filed a lawsuit against Ripple alleging that its XRP cryptocurrency is an unregistered security. The case centers around whether XRP qualifies as a security or a commodity. This directly relates to smart contracts, since many XRP transactions occur through smart contracts on the XRP ledger.
The SEC argues that Ripple should have registered XRP as a security and complied with disclosure requirements. However, Ripple claims XRP is better classified as a commodity since it is used for cross-border payments. The case is ongoing, but could set an important precedent on how smart contracts are regulated.
In general, there is still a lack of clear standards around regulating smart contracts. Since they can automate processes involving securities, commodities, and other financial assets, it raises regulatory questions. Oversight is difficult since smart contracts operate autonomously once deployed.
As blockchain technology and smart contracts continue evolving, regulators will likely need to develop more nuanced policies. Stronger regulatory frameworks could help protect consumers while still encouraging innovation. But for now, uncertainty persists around how to best regulate smart contracts. The Ripple case and others will be influential in determining standards for oversight going forward.
## Future of Smart Contracts
Smart contracts on BSC and other blockchain networks have immense potential for continued growth and innovation. Some key areas to watch for the future of smart contracts:
Interoperability - As more networks emerge, interoperability between different blockchain platforms will be key. Projects like Polkadot aim to enable communication between different chains. This could allow for complex smart contracts that leverage the strengths of different platforms.
Mainstream Adoption - For smart contracts to reach their full potential, mainstream understanding and adoption is needed. As blockchain technology becomes more user-friendly and integrated into everyday applications, smart contracts can become as common as legal contracts.
Impact on Legal Contracts - Smart contracts have the potential to complement or replace traditional legal contracts for many use cases. Self-executing smart contracts can save time and legal fees. However, many complex contracts will still require legal input. The legal field will need to adapt to coexist with smart contracts.
Autonomous Organizations - Networks of smart contracts will allow new kinds of decentralized autonomous organizations (DAOs) that operate based on transparent rules encoded on the blockchain. These could enable new community models and decision making.
Government Applications - Governments are exploring smart contract uses for records, benefits distribution, voting, and identity systems. This could improve transparency and reduce bureaucracy. However, regulatory frameworks will need to evolve to accommodate blockchain technology.
Overall, smart contracts are still in their infancy. As blockchain capabilities advance and gain mainstream traction across industries, smart contracts have the potential to transform legal agreements, organizations, financial systems, and beyond in coming years. BSC is well positioned to play a leading role in their ongoing evolution.
## Conclusion
Smart contracts are an exciting innovation that offers many potential benefits. As we have seen, they enable self-executing agreements, increase efficiency through automation, reduce costs by removing intermediaries, and enhance transparency and security.
Some key points about smart contracts covered in this article:
- Smart contracts are programmable contracts that run on blockchain networks like Binance Smart Chain. They automatically execute based on predefined conditions without human intervention.
- Developing smart contracts requires specialized programming languages like Solidity. BSC is a popular blockchain for deploying smart contracts because of its speed and low fees.
- Smart contracts have many use cases across industries, like finance, real estate, supply chain management, and more. They remove intermediaries and allow decentralized applications.
- However, smart contracts also come with risks around security vulnerabilities, failed execution, and lack of oversight. Proper auditing and testing is crucial before deployment.
Looking ahead, smart contracts will likely see increased adoption as blockchain technology matures. They have the potential to disrupt many traditional processes and businesses. With proper governance and regulations, smart contracts can deliver automation, efficiency and transparency on a greater scale.
Continued innovation in smart contract languages, standards, and security measures will help drive mainstream adoption. As developers build expertise in applying smart contracts to new domains, they are poised to transform how many agreements and transactions occur worldwide.
#BTC #BinanceSquare #Ethereum #BinanceSquare #BNB
Binance Smart Chain (BSC) is a blockchain network that has quickly emerged as a popular platform for deploying smart contracts. Launched in 2020, BSC aims to provide a high-performance and low-cost environment for running decentralized applications (dApps).
Some key advantages of using BSC for smart contracts include:
- High throughput - BSC utilizes a Delegated Proof of Stake consensus mechanism that allows it to achieve much faster block times (3 seconds) compared to networks like Ethereum. This makes it well-suited for dApps that require fast and frequent transactions.
- Low fees - Transaction fees on BSC are negligible, with typical fees being well under $0.10 per transaction. This is significantly cheaper than fees on Ethereum which can often be $20+ during times of network congestion.
- EVM compatibility - BSC is compatible with the Ethereum Virtual Machine (EVM), which means that developers can easily port smart contracts and dApps from Ethereum over to BSC. This makes migration to BSC very straightforward.
- Rapid adoption - In 2021, BSC saw massive growth in usage, with the total value locked in DeFi protocols on BSC surpassing $30 billion. Leading DeFi protocols like PancakeSwap and Venus have billions locked.
Overall, the combination of fast transaction times, extremely low fees, and EVM compatibility has made BSC a go-to blockchain for deploying smart contracts. It provides a scalable and cost-efficient alternative to networks like Ethereum while still maintaining interoperability. Many developers have chosen to launch or migrate their dApps to BSC in order to improve user experience and reduce costs.
## Developing Smart Contracts on BSC
Binance Smart Chain (BSC) has become a popular platform for developing decentralized applications and smart contracts due to its Ethereum Virtual Machine (EVM) compatibility and low transaction fees.
Smart contracts on BSC are written in Solidity, which is the most commonly used programming language for Ethereum and EVM-compatible blockchains. Solidity is an object-oriented, high-level language that is designed for implementing smart contracts.
Some key tools used for developing smart contracts on BSC include:
- Remix - A browser-based IDE that allows you to write, deploy and administer Smart Contracts. Remix supports Solidity, Vyper and Yul languages. It can connect with MetaMask to deploy contracts on the BSC testnet and mainnet.
- Truffle - A popular development framework that provides built-in smart contract compilation, linking, deployment and binary management. Truffle integrates with BSC through the use of Truffle Config and @truffle/hdwallet-provider. It also includes advanced features like smart contract testing.
- Web3.js - A Javascript library that allows front-end applications to interact with the BSC blockchain and smart contracts through JSON-RPC. Developers can use Web3.js to call contract functions and listen for events from within Javascript code.
- Hardhat - A development environment toolkit designed for full stack dapp development. Hardhat includes powerful features like stack traces, console.log and gas reports to help debug transactions. It also allows easy deployment to BSC testnets and mainnet.
When developing smart contracts on BSC, it's important to thoroughly test the code for security vulnerabilities before deploying. Tools like MythX can be used along with Truffle for security analysis. Overall, BSC provides developers a fast, low-cost environment to build and launch decentralized applications powered by smart contracts.
## Popular BSC Smart Contracts
Binance Smart Chain (BSC) has become a popular blockchain network for deploying smart contracts. Some of the most widely used BSC smart contracts include:
### PancakeSwap
PancakeSwap is a decentralized exchange (DEX) built on BSC using smart contracts. It allows users to trade tokens and provide liquidity using BSC-pegged assets like BNB. PancakeSwap aims to provide a fast, cheap and easy user experience similar to Uniswap on Ethereum.
It has surged in popularity, processing over $30 billion in volume in its first year. PancakeSwap lets users trade tokens, provide liquidity, stake CAKE tokens and more. New features like the lottery, prediction market and NFT profile system continue to attract users.
### Venus
Venus is a decentralized finance (DeFi) money market and stablecoin protocol built on BSC. It allows users to supply crypto assets as collateral to borrow stablecoins like vUSD. Venus offers high yield opportunities to lenders and low collateralization ratios for borrowers.
Venus has seen rapid growth, with over $7 billion locked in the protocol. It aims to make DeFi accessible to a wider audience with its simple interface and experience. The Venus Reward Token (VRT) provides governance rights and fee dividends.
### Alpaca Finance
Alpaca Finance is a lending protocol on BSC that allows leveraged yield farming. Users can stake liquidity provider (LP) tokens as collateral to borrow other assets for further yield farming. This amplifies potential gains but also risk.
Alpaca has over $1 billion TVL locked. It offers high APYs to incentivize lending. The platform is popular for leveraged farming opportunities on BSC. The Alpaca token provides governance over parameters like interest rates.
## Smart Contract Use Cases
Smart contracts are being used to power a variety of decentralized applications and platforms, particularly in the areas of decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs).
### Decentralized Finance (DeFi)
Many DeFi protocols are built on smart contracts, allowing for decentralized lending, borrowing, trading, insurance, payments and more without intermediaries. On Binance Smart Chain, popular DeFi projects utilizing smart contracts include PancakeSwap (automated market maker), Venus (lending and borrowing), Ellipsis (stablecoin protocol), and many others. These platforms allow users to earn interest, trade assets, provide liquidity, and access financial services in a decentralized manner.
### Non-Fungible Tokens (NFTs)
NFTs use smart contracts to provide verification of ownership and authenticity of unique digital assets like artwork, collectibles, virtual real estate, and more on blockchain. On BSC, NFT marketplaces like Treasureland, BakerySwap, and others utilize smart contracts to mint and trade NFTs. Artists and content creators are leveraging NFT smart contracts to sell their work directly to fans and collectors.
### Decentralized Autonomous Organizations (DAOs)
DAOs are organizations that operate through rules encoded in smart contracts, allowing for transparent governance and decision making. BSC projects like PancakeSwap and many others use DAOs governed by smart contract rules to collectively determine features, allocate resources, manage disputes, and more with community stakeholders.
## Smart Contract Security
Security is crucial for smart contracts because they control real value and cannot be easily updated once deployed. There are several ways to help ensure smart contract security:
### Audits
Conducting professional smart contract audits is highly recommended before launching. Audits analyze the code to uncover vulnerabilities, logic errors, or other issues. Various firms offer smart contract auditing services. Audits increase the reliability of smart contracts, but cannot guarantee complete security.
### Formal Verification
Formal verification uses mathematical proof techniques to prove the correctness of smart contract code. This provides a higher level of certainty than auditing, but is more complex and expensive. Formal verification is best suited for critical smart contracts that need the highest level of assurance.
### Best Practices
Following security best practices when developing smart contracts also reduces risks. Recommendations include:
- Carefully managing dependencies and avoiding unnecessary imports
- Keeping contract logic simple and modular
- Extensive testing and simulation of all functions
- Enforcing invariants and consistent valid states
- Adding overflow/underflow checks
- Leveraging security-focused languages like Vyper
Proper developer education on secure coding practices is important. Robust peer review and testing processes further help mitigate risks.
Overall smart contract security continues to improve with growing awareness, better development tools, and formal methods. However, all complex software likely contains some flaws so risks cannot be eliminated entirely.
## Smart Contract Limitations
Smart contracts provide many advantages, but also have some key limitations to be aware of.
### Immutability
One of the main principles of smart contracts is that they are immutable, meaning they cannot be changed once deployed to the blockchain. This provides security, but also inflexibility. If a bug is discovered in a smart contract, there is no easy way to patch or upgrade it. The only options are to restart with a new fixed contract, or build a decentralized workaround. This immutability makes careful testing and auditing essential before launching a smart contract.
### Oracle Reliance
Smart contracts can only interact with data within the blockchain itself. To connect with real-world data like market prices, they rely on oracle services. This introduces some centralized components and trust issues. The contract is dependent on the oracle providing accurate and timely data. Malicious oracles could provide manipulated data to trigger certain contract outcomes. Oracles also represent a weak point - if the oracle goes offline, the contract cannot function properly.
### Scaling Challenges
Since smart contracts run on blockchain networks like Ethereum, they inherit some of the scaling challenges. Performance is limited by factors like block size and frequency. This can make smart contracts ill-suited for high throughput applications. Upgraded networks like Binance Smart Chain improve scalability, but there are still limits compared to centralized servers. As blockchain adoption increases, scaling smart contracts to handle higher transaction volumes is an ongoing obstacle.
## Smart Contract Regulation
While smart contracts offer many benefits, they also come with regulatory challenges. Since smart contracts are self-executing programs stored on a blockchain, there is often a lack of oversight and accountability. This has posed difficulties for regulators like the SEC (Securities and Exchange Commission) in the United States.
For example, in 2020 the SEC filed a lawsuit against Ripple alleging that its XRP cryptocurrency is an unregistered security. The case centers around whether XRP qualifies as a security or a commodity. This directly relates to smart contracts, since many XRP transactions occur through smart contracts on the XRP ledger.
The SEC argues that Ripple should have registered XRP as a security and complied with disclosure requirements. However, Ripple claims XRP is better classified as a commodity since it is used for cross-border payments. The case is ongoing, but could set an important precedent on how smart contracts are regulated.
In general, there is still a lack of clear standards around regulating smart contracts. Since they can automate processes involving securities, commodities, and other financial assets, it raises regulatory questions. Oversight is difficult since smart contracts operate autonomously once deployed.
As blockchain technology and smart contracts continue evolving, regulators will likely need to develop more nuanced policies. Stronger regulatory frameworks could help protect consumers while still encouraging innovation. But for now, uncertainty persists around how to best regulate smart contracts. The Ripple case and others will be influential in determining standards for oversight going forward.
## Future of Smart Contracts
Smart contracts on BSC and other blockchain networks have immense potential for continued growth and innovation. Some key areas to watch for the future of smart contracts:
Interoperability - As more networks emerge, interoperability between different blockchain platforms will be key. Projects like Polkadot aim to enable communication between different chains. This could allow for complex smart contracts that leverage the strengths of different platforms.
Mainstream Adoption - For smart contracts to reach their full potential, mainstream understanding and adoption is needed. As blockchain technology becomes more user-friendly and integrated into everyday applications, smart contracts can become as common as legal contracts.
Impact on Legal Contracts - Smart contracts have the potential to complement or replace traditional legal contracts for many use cases. Self-executing smart contracts can save time and legal fees. However, many complex contracts will still require legal input. The legal field will need to adapt to coexist with smart contracts.
Autonomous Organizations - Networks of smart contracts will allow new kinds of decentralized autonomous organizations (DAOs) that operate based on transparent rules encoded on the blockchain. These could enable new community models and decision making.
Government Applications - Governments are exploring smart contract uses for records, benefits distribution, voting, and identity systems. This could improve transparency and reduce bureaucracy. However, regulatory frameworks will need to evolve to accommodate blockchain technology.
Overall, smart contracts are still in their infancy. As blockchain capabilities advance and gain mainstream traction across industries, smart contracts have the potential to transform legal agreements, organizations, financial systems, and beyond in coming years. BSC is well positioned to play a leading role in their ongoing evolution.
## Conclusion
Smart contracts are an exciting innovation that offers many potential benefits. As we have seen, they enable self-executing agreements, increase efficiency through automation, reduce costs by removing intermediaries, and enhance transparency and security.
Some key points about smart contracts covered in this article:
- Smart contracts are programmable contracts that run on blockchain networks like Binance Smart Chain. They automatically execute based on predefined conditions without human intervention.
- Developing smart contracts requires specialized programming languages like Solidity. BSC is a popular blockchain for deploying smart contracts because of its speed and low fees.
- Smart contracts have many use cases across industries, like finance, real estate, supply chain management, and more. They remove intermediaries and allow decentralized applications.
- However, smart contracts also come with risks around security vulnerabilities, failed execution, and lack of oversight. Proper auditing and testing is crucial before deployment.
Looking ahead, smart contracts will likely see increased adoption as blockchain technology matures. They have the potential to disrupt many traditional processes and businesses. With proper governance and regulations, smart contracts can deliver automation, efficiency and transparency on a greater scale.
Continued innovation in smart contract languages, standards, and security measures will help drive mainstream adoption. As developers build expertise in applying smart contracts to new domains, they are poised to transform how many agreements and transactions occur worldwide.
#BTC #BinanceSquare #Ethereum #BinanceSquare #BNB
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IT'S ALMOST A FACT
#ElonMusk has ANNOUNCED that he plans to turn#TwitterXinto a FULL financial platform within a year, stating that users WILL NO LONGER NEED a bank account đâŒïž
With the possibility of integrating#Bitcoinand other#Cryptofor millions of peopleđ
#ElonMusk has ANNOUNCED that he plans to turn#TwitterXinto a FULL financial platform within a year, stating that users WILL NO LONGER NEED a bank account đâŒïž
With the possibility of integrating#Bitcoinand other#Cryptofor millions of peopleđ
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Pay close attention to XRP, this will be a currency that will give many surprises soon, these days the price is around 0.54 dollars and I see it with a high probability of tripling its price soon.
Top
LIVECryptos Headlines
--
3 Cryptocurrencies to Consider Under $1 Next Week
Post By: CryptosHeadlines.com
The cryptocurrency market offers more than just big names like Bitcoin and Ethereum. Lesser-known altcoins trading below $1 provide growth potential, albeit with higher risk.Risk-tolerant investors can consider allocating 10-20% of their capital to these coins to diversify their portfolios.
3 Affordable Cryptocurrencies to Consider Next Week:
1. IMX (Immutable X): Priced at $0.65, IMX is a blockchain company specializing in Web3 Gaming. Itâs a medium-to-high-risk investment with potential to reach $5 in the next bull market, offering a potential ROI exceeding 900%. IMX provides blockchain technology for gaming, with lower transaction costs and a noncustodial wallet designed for gamers.
2. Arbitrum (ARB): Arbitrum is an Ethereum Layer 2 solution focused on improving speed, scalability, and cost-efficiency. Itâs compatible with Ethereum and offers lower fees. However, it comes with higher risk due to a controversial community vote.
3. XRP: Currently priced at $0.54, XRP has been a prominent cryptocurrency for over a decade. Developed by Ripple Labs, it aims to streamline global money transfers as an alternative to the SWIFT system. XRP has shown resilience with a 24% surge in the past year, outperforming most of the top 100 cryptocurrencies. Its future is influenced by legal battles with the SEC and market conditions, making it a potentially high-risk, high-reward investment.
Important:Â Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Blockchain #CryptoMarket #Bitcoin #CryptoNews
The cryptocurrency market offers more than just big names like Bitcoin and Ethereum. Lesser-known altcoins trading below $1 provide growth potential, albeit with higher risk.Risk-tolerant investors can consider allocating 10-20% of their capital to these coins to diversify their portfolios.
3 Affordable Cryptocurrencies to Consider Next Week:
1. IMX (Immutable X): Priced at $0.65, IMX is a blockchain company specializing in Web3 Gaming. Itâs a medium-to-high-risk investment with potential to reach $5 in the next bull market, offering a potential ROI exceeding 900%. IMX provides blockchain technology for gaming, with lower transaction costs and a noncustodial wallet designed for gamers.
2. Arbitrum (ARB): Arbitrum is an Ethereum Layer 2 solution focused on improving speed, scalability, and cost-efficiency. Itâs compatible with Ethereum and offers lower fees. However, it comes with higher risk due to a controversial community vote.
3. XRP: Currently priced at $0.54, XRP has been a prominent cryptocurrency for over a decade. Developed by Ripple Labs, it aims to streamline global money transfers as an alternative to the SWIFT system. XRP has shown resilience with a 24% surge in the past year, outperforming most of the top 100 cryptocurrencies. Its future is influenced by legal battles with the SEC and market conditions, making it a potentially high-risk, high-reward investment.
Important:Â Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Blockchain #CryptoMarket #Bitcoin #CryptoNews
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Is the Bull Run coming?
For several years now the cryptocurrency market has experienced a fairly difficult market, and we have seen a time in which we saw the Price of Bicoin touch $BTC $65,000, and with that Ath we also saw super high prices of other cryptos such as ETH, Solana , Bnb and others. I can say that they have not been easy years since they have only gone down and down, but this last year a good expectation is being created again with the issue that is on the table of bitcoin ETFs which can skyrocket In a great way, the entire cryptocurrency market has changed. Since their appearance, cryptocurrencies have not stopped stopping at the level of popularity. Many people have invested in them in the hope of long-term profits. Although there are many theories about the future of these crypto-assets, one of the most accepted is the hope that the crypto sector will enjoy a bull run in the year 2024. What is a "bull run"? It is a term used to describe a period of time in which the prices of financial assets rise significantly, a "crypto bull run" refers to a period in which the prices of cryptocurrencies increase dramatically, especially the price of cryptocurrencies. bitcoin dollar.As cryptocurrencies become more popular, governments are likely to implement regulations to protect consumers and prevent money laundering. While some regulations may be negative for cryptocurrencies, others could make cryptocurrencies more accessible and secure for investors. This could lead to an increase in demand and price for cryptocurrencies. In recent years, we have seen a rise in institutional interest in cryptocurrencies. Large investment firms, such as Fidelity and BlackRock, are beginning to invest in cryptocurrencies and offer cryptocurrency-related products to their clients. As more institutions begin to invest in cryptocurrencies thanks to legal conditions, their prices may increase.In summary, there are several reasons why it is believed that in 2024 there will be a "bull run" in the cryptocurrency market. Mass adoption of cryptocurrencies, reduced supply of Bitcoin, changes in regulations, and increased institutional interest are just some of the reasons why cryptocurrency prices could rise. However, as with any investment, there is always a risk that prices will decline rather than rise. Therefore, it is important to research carefully before investing in cryptocurrencies and not invest more than you can afford to lose.#BTC #BinanceSquare #Ethereum #Binance #BNB
đ„BOMBđ„
The WORLD GIANT #JpMorgan has ANNOUNCED that institutional adoption is SHOOTING the price of #Bitcoin
âŒïž The Giants do not want to be left out
The WORLD GIANT #JpMorgan has ANNOUNCED that institutional adoption is SHOOTING the price of #Bitcoin
âŒïž The Giants do not want to be left out
See original
đ„IT'S NOW OFFICIALđ„
#USCommodity Trade COMMISSIONER Summer Mersinger HAS OFFICIALLY announced that the MARKET IS ready for the arrival of the#Bitcoin#ETF Spot đđ„
Stating that âTHERE IS A LOT OF INTERESTâ đł
#USCommodity Trade COMMISSIONER Summer Mersinger HAS OFFICIALLY announced that the MARKET IS ready for the arrival of the#Bitcoin#ETF Spot đđ„
Stating that âTHERE IS A LOT OF INTERESTâ đł
Explore the latest crypto news
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TrumpDeFi
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đ $SHIB /USDT TECHNICAL ANALYSIS â WHATâS NEXT? đ
Current Price: 0.00001824 USDT
Timeframe: 15m
đ Key Levels to Watch:
Resistance: 0.00001879 USDT â If the price breaks above, expect momentum to kick in.
Support: 0.00001753 USDT â If breached, watch for further downside pressure.
đĄ Trade Setup: Long if price crosses 0.00001879 USDT with volume.
đŻ Take Profit Targets:
TP1: 0.00001899 USDT
TP2: 0.00001920 USDT
TP3: 0.00001950 USDT
â Stop Loss: 0.00001753 USDT
The recent bounce off the 0.00001753 support shows renewed interest. If bulls push above the resistance at 0.00001879, SHIB could ignite a rally toward our TP targets. Stay cautious, as a rejection at resistance could bring the price back to test support.
#TrumpDeFi
#MemeCoinTrending #GrayscaleConsiders35Cryptos #USStockEarningsSeason #BTCUptober
Cryptoguru12
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