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Educational Post What Is Danksharding? Derived from the name of Ethereum researcher Dankrad Feist, danksharding introduces a transformative approach to sharding technology. Sharding involves breaking down a blockchain database into smaller, more manageable parts for increased efficiency. Unlike conventional sharding methods, danksharding simplifies the architecture, focusing on a merged market fee concept. In traditional sharding, each shard has distinct blocks and block proposers. Danksharding streamlines this by having a single block proposer, enhancing transaction processing and data storage efficiency. This innovation addresses the blockchain trilemma by prioritizing security, decentralization, and scalability. Key Features of Danksharding 1. Merged market fee: Danksharding introduces a unified market fee, streamlining the transaction process by minimizing complexities associated with having multiple block proposers. 2. Optimized data availability: The primary focus of danksharding is to enhance data availability for rollups, a Layer 2 scaling solution on Ethereum. By efficiently managing data, Danksharding significantly improves the network's performance. 3. Simplified sharding architecture: Danksharding simplifies the sharding structure, making it more straightforward and efficient. This approach addresses the challenges posed by the traditional trilemma, fostering a better balance between security, decentralization, and scalability. #LearnAndGrow #SOFR_Spike #BinanceTurns7 #US_Job_Market_Slowdown #BTCâ
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WHY IS A RISK MANAGEMENT STRATEGY IMPORTANT IN CRYPTO ? đIt's common knowledge that crypto, as an asset class, is one of the higher-risk investments available to the average investor. Prices have proven to be volatile, projects can crash overnight, and the technology behind blockchain can be challenging for newcomers to understand. đWith crypto moving rapidly, it's imperative to employ sound risk management practices and strategies to reduce your exposure to potential risks. This is also an essential step to becoming a successful and responsible trader. đRead on to find out about five risk management strategies that can benefit your crypto portfolio. #LearnAndGrow #tradingtechnique #TradingAdvice #freesignal
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đ Major Liquidations in Last 24 Hours $186.7 million was liquidated in the past 24 hours: âą Long Liquidations: $34.9 million đ âą Short Liquidations: $151.8 million đ #BTCâ #marketcrash #Altcoinsđđ #TradingAdvice $BTC $BNB $SOL
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Given only 4%-8% of daily on-chain volume corresponds to LTHs, we can leverage another core on-chain metric to explain the relative weight of these investors on the supply side. #BTCâ #Market_Update #marketanalysis #tradingtechnique
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$PEPE đ has been respecting the descending resistance line, repeatedly getting rejected at this level. The major support zone is $0.00000765 - 0.00000835 . If the price fails to hold above this level, it could lead to a further drop towards the next support at $0.0000066. For the bearish scenario to be invalidated, #PEPEUSDT needs to break above the resistance at $0.00001225. This would signal a potential trend reversal and the start of a new uptrend. There's a bullish order block around $0.0000073, which could act as a strong support level, providing a potential bounce back if tested. #Memecoinsđ€đ€ #marketanalysis #cryptoanalysis #freesignals
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