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Stacks operates as a layer-2 on the Bitcoin network, designed to expand its functionality. It achieves this by enabling the use of Bitcoin as a primary asset for smart contracts and decentralized applications (dApps), thus settling transactions on the Bitcoin blockchain. This capability enhances Bitcoin’s role in advanced blockchain applications. The Proof of Transfer consensus mechanism and Clarity language are central to Stacks' technology. PoX, which is an evolution of the proof-of-burn concept, anchors the Stacks blockchain's security through the use of Bitcoin's proof-of-work system. In parallel, the Clarity language facilitates the creation of smart contracts, allowing direct interaction with Bitcoin’s state. The STX token is integral to the functioning of Stacks, mainly supporting the Proof of Transfer (PoX) consensus that connects Stacks to Bitcoin. Beyond this, STX is essential for the establishment and operation of smart contracts and the development of dApps within the ecosystem. Stacks differentiates itself through its direct integration with Bitcoin, contrasting with other independent blockchains. This integration utilizes Bitcoin's security and stability, enabling the addition of smart contracts and dApps to the Bitcoin network. The PoX consensus and Clarity smart contract language facilitate this integration, expanding Bitcoin's utility. #STX $STX #Binance200M
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AUDIO 4H Chart Audius is a decentralized platform on which both signed and unsigned musicians and artists can showcase their content via streaming and sharing. It seeks to position itself as a decentralized option for artists and musicians to reach new and existing audiences globally, while receiving royalties without the involvement of intermediaries. Audius was founded in 2018 by Forrest Browning, Ranidu Lankage, and Roneil Rumburg in San Francisco, California. The platform and Initial Coin Offering (ICO) went live in 2020, after multiple successful funding rounds starting in 2018. Some notable backers were Pantera Capital, Coinbase Ventures, and internationally renowned music stars such as Katy Perry and DJ Steve Aoki. In October 2022, the Audius platform acquired Soundstage.fm, a major virtual music experience platform. Audius’ native cryptocurrency, the ERC-20 token AUDIO, is staked on the network and used in its processes, most of which are centered around the discovery, streaming, and sharing of new music accessed from the secure Audius environment. Since the Ethereum Merge, Audius has been using a proof-of-stake (PoS) consensus model for block validation. AUDIO price is updated and available in real time on Binance. #AUDİO
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Binance users now 200M #Binance200M
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Illuvium is an open-world, role-playing, NFT creature collector "play-to-earn" game running on the Ethereum blockchain. To power its economy, Illuvium uses its native ERC-20 token, $ILV. The live price of ILV token is live-tracked on Binance. The game enables players to battle and collect different NFT characters called Illuvials, each corresponding to different classes and affinities. There are five classes and five affinities, with varying strengths and weaknesses. Illuviums become more powerful as players defeat other players in matchmaking and complete quests. Illuvium states that players can earn crypto in the form of ILV tokens as in-game rewards through playing, completing Player-versus-Environment quests, performing special achievements, and winning prizes in tournaments and events. Additionally, ILV token holders are able to stake their tokens to purportedly earn rewards from the network. Illuvium price is said to be affected by activities in the game, across all players. #ILV/USDT #Binance55thProject(IO) $ILV
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Bounce Bit 4h Chart BounceBit is a platform for re-staking Bitcoin that combines the features of decentralized and centralized finance through its CeDefi architecture. This structure enhances the potential of BTC owners to generate income from diverse sources. $BB, which serves multiple purposes in the BounceBit ecosystem, is the main utility coin of the BounceBit ecosystem. The holders of $BB are eligible to take part in the platform's dual-token proof-of-stake mechanism. This approach rewards validators with $BB, thereby ensuring network security. Additionally, $BB tokens can be used to pay for transaction fees and the execution of smart contracts. #BBUSD
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