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Aptos Integrates Chainlink's CCIP and Data Feeds to Boost Decentralized App Development
AUSTIN, TEXAS – Layer-1 blockchain Aptos {{APT}} said Thursday that it is integrating real-world data provider Chainlink's {{LINK}} Cross-Chain Interoperability Protocol (CCIP) and data feeds as part of joining Chainlink's SCALE program.
The expansion, announced at a panel discussion at Consensus 2024 in Austin, aims to help developers on Aptos to build decentralized applications (dApps) on the network.
The collaboration would make Aptos the first Move-based blockchain integrating Chainlink's services, the press release claims.
As the number of independent blockchains are proliferating, communication between the different networks is posing a challenge to the digital asset economy. Chainlink is one of the key projects working on connecting these systems streaming data between them and the outside world. For example, its CCIP software played a key role in Chainlink's partnership with SWIFT, a global closed banking messaging system.
Aptos, founded by former employees of Facebook parent company Meta, is a blockchain that focuses on low-cost transactions and high throughput. It was built with the Move programming language, the basis of Meta's shuttered crypto project Diem.
"Joining the Chainlink SCALE program will empower developers on Aptos with new and increased access to Chainlink services, expanding the toolkit of resources on Aptos available to help them build secure, scalable, and fully-featured dApps” said Bashar Lazaar, grants and ecosystem lead at Aptos Foundation, the ecosystem development organization supporting Aptos.
The expansion, announced at a panel discussion at Consensus 2024 in Austin, aims to help developers on Aptos to build decentralized applications (dApps) on the network.
The collaboration would make Aptos the first Move-based blockchain integrating Chainlink's services, the press release claims.
As the number of independent blockchains are proliferating, communication between the different networks is posing a challenge to the digital asset economy. Chainlink is one of the key projects working on connecting these systems streaming data between them and the outside world. For example, its CCIP software played a key role in Chainlink's partnership with SWIFT, a global closed banking messaging system.
Aptos, founded by former employees of Facebook parent company Meta, is a blockchain that focuses on low-cost transactions and high throughput. It was built with the Move programming language, the basis of Meta's shuttered crypto project Diem.
"Joining the Chainlink SCALE program will empower developers on Aptos with new and increased access to Chainlink services, expanding the toolkit of resources on Aptos available to help them build secure, scalable, and fully-featured dApps” said Bashar Lazaar, grants and ecosystem lead at Aptos Foundation, the ecosystem development organization supporting Aptos.
$ARK BUY AT CURRENT MARKET PRICES
TARGETS ARE $0.8775 & $0.8939.LEVERAGE 20X RECOMMENDED AND ALWAYS MANAGE YOUR RISK
#Write2Earn! #writetoearn
TARGETS ARE $0.8775 & $0.8939.LEVERAGE 20X RECOMMENDED AND ALWAYS MANAGE YOUR RISK
#Write2Earn! #writetoearn
$DOGE WILL BE ON MOON BECAUSE of "#RoaringKitty " HISTORY GONNA REPEAT?
👀👀👀👀👀👀👀👀👀👀👀👀👀👀👀
$PEPE $SHIB
#GME #PEPEATH #Memecoins #GameStop带动Meme板块
👀👀👀👀👀👀👀👀👀👀👀👀👀👀👀
$PEPE $SHIB
#GME #PEPEATH #Memecoins #GameStop带动Meme板块
Understanding TEV: Total Economic Value of a Blockchain
What is your blockchain's #TEV ?
Calculating a blockchain's Total Economic Value (TEV) means figuring out how much economic benefit it provides. This involves looking at several factors:
1. Direct Financial Value:
- Market Capitalization: The total value of all tokens in circulation, showing how the market values the blockchain.
- Transaction Fees: Revenue generated from the fees users pay for transactions on the blockchain.
- Value Transferred: The amount of value exchanged between unique participants.
2. Cost Savings:
- Blockchains can cut costs by removing middlemen. This can lower expenses in areas like financial transactions, supply chain management, and identity verification.
- Benefit to Governments: Governments and systems that manage public services can see significant cost savings.
3. Revenue Generation:
- Blockchains can create new ways to make money, such as through decentralized applications (dApps), digital collectibles (NFTs), and decentralized finance (DeFi) platforms.
4. Capital Relief:
- By improving how assets are used and reducing the need for working capital, blockchains can lower financial risks and the need for extra capital.
5. Indirect Value:
- Blockchains can make processes more efficient and enable new business models, like better supply chain management, secure voting systems, and efficient energy trading.
6. Network Effects:
- As more people use a blockchain, its value often increases. This is because the more participants there are, the more useful the blockchain becomes.
7. Social and Environmental Impact:
- While not directly part of TEV, considering how a blockchain affects society and the environment is important. For example, it can help create sustainable supply chains and improve governance transparency.
Understanding the TEV of a blockchain is complex and involves making assumptions and estimates. The true value often goes beyond just the financial aspects.
#ETFvsBTC #BlockchainLifeAwards2024 #Megadrop
$BTC $ETH $BNB
Calculating a blockchain's Total Economic Value (TEV) means figuring out how much economic benefit it provides. This involves looking at several factors:
1. Direct Financial Value:
- Market Capitalization: The total value of all tokens in circulation, showing how the market values the blockchain.
- Transaction Fees: Revenue generated from the fees users pay for transactions on the blockchain.
- Value Transferred: The amount of value exchanged between unique participants.
2. Cost Savings:
- Blockchains can cut costs by removing middlemen. This can lower expenses in areas like financial transactions, supply chain management, and identity verification.
- Benefit to Governments: Governments and systems that manage public services can see significant cost savings.
3. Revenue Generation:
- Blockchains can create new ways to make money, such as through decentralized applications (dApps), digital collectibles (NFTs), and decentralized finance (DeFi) platforms.
4. Capital Relief:
- By improving how assets are used and reducing the need for working capital, blockchains can lower financial risks and the need for extra capital.
5. Indirect Value:
- Blockchains can make processes more efficient and enable new business models, like better supply chain management, secure voting systems, and efficient energy trading.
6. Network Effects:
- As more people use a blockchain, its value often increases. This is because the more participants there are, the more useful the blockchain becomes.
7. Social and Environmental Impact:
- While not directly part of TEV, considering how a blockchain affects society and the environment is important. For example, it can help create sustainable supply chains and improve governance transparency.
Understanding the TEV of a blockchain is complex and involves making assumptions and estimates. The true value often goes beyond just the financial aspects.
#ETFvsBTC #BlockchainLifeAwards2024 #Megadrop
$BTC $ETH $BNB
$BTC ETFs vs. Direct $BTC Purchases: A Comparative Analysis
As the popularity of Bitcoin continues to soar, investors are faced with the decision of whether to invest in Bitcoin Exchange-Traded Funds #ETFs. or opt for direct Bitcoin purchases. Each option has its own set of pros and cons, and understanding them is crucial for new users navigating the cryptocurrency landscape.
Bitcoin ETFs offer convenience and accessibility to traditional investors who may be wary of directly purchasing and storing digital assets. These funds allow investors to gain exposure to Bitcoin without the complexities of wallets and private keys. Moreover, ETFs are traded on regulated exchanges, providing a sense of security and familiarity for investors accustomed to traditional markets. However, the fees associated with ETFs can eat into profits over time, and investors do not have direct ownership of the underlying Bitcoin, which may limit their control over their investments.
On the other hand, direct Bitcoin purchases offer investors full ownership and control over their assets, eliminating the need for intermediaries and potential counterparty risks associated with ETFs. Additionally, buying Bitcoin directly allows investors to participate in the growth of the cryptocurrency ecosystem and potentially benefit from long-term price appreciation. However, this option requires a certain level of technical expertise to securely store and manage digital assets, and investors must be vigilant against hacking and fraud.
Ultimately, the choice between Bitcoin ETFs and direct purchases depends on individual preferences, risk tolerance, and investment goals. New users should carefully weigh the pros and cons of each option before making informed decisions. Whether opting for the convenience of ETFs or the autonomy of direct purchases, staying informed and exercising caution are essential in navigating the dynamic world of cryptocurrency investing.
#ETFvsBTC #BTC
As the popularity of Bitcoin continues to soar, investors are faced with the decision of whether to invest in Bitcoin Exchange-Traded Funds #ETFs. or opt for direct Bitcoin purchases. Each option has its own set of pros and cons, and understanding them is crucial for new users navigating the cryptocurrency landscape.
Bitcoin ETFs offer convenience and accessibility to traditional investors who may be wary of directly purchasing and storing digital assets. These funds allow investors to gain exposure to Bitcoin without the complexities of wallets and private keys. Moreover, ETFs are traded on regulated exchanges, providing a sense of security and familiarity for investors accustomed to traditional markets. However, the fees associated with ETFs can eat into profits over time, and investors do not have direct ownership of the underlying Bitcoin, which may limit their control over their investments.
On the other hand, direct Bitcoin purchases offer investors full ownership and control over their assets, eliminating the need for intermediaries and potential counterparty risks associated with ETFs. Additionally, buying Bitcoin directly allows investors to participate in the growth of the cryptocurrency ecosystem and potentially benefit from long-term price appreciation. However, this option requires a certain level of technical expertise to securely store and manage digital assets, and investors must be vigilant against hacking and fraud.
Ultimately, the choice between Bitcoin ETFs and direct purchases depends on individual preferences, risk tolerance, and investment goals. New users should carefully weigh the pros and cons of each option before making informed decisions. Whether opting for the convenience of ETFs or the autonomy of direct purchases, staying informed and exercising caution are essential in navigating the dynamic world of cryptocurrency investing.
#ETFvsBTC #BTC
$MANA as of my last update, $MANA appears to be trading in a sideways pattern within a defined range. The Relative Strength Index (RSI) indicates neutral momentum, suggesting potential for price consolidation. Moving averages show a lack of clear direction, with the 50-day and 200-day moving averages converging. Key support is around $0.4, while resistance is at $0.85. Traders may monitor for a breakout above resistance or a breakdown below support to determine the next directional move. However, it's essential to stay updated with the latest market developments for informed trading decisions.
#MANAUSTD #buythedip #altcoins #BlackRock #MicroStrategy
#MANAUSTD #buythedip #altcoins #BlackRock #MicroStrategy
$SUI Price below $1 will be so CHEAP.......
Fill your bags 💰💰💰💰💰💰💰💰.......
OPPORTUNITY is coming soon 🫴🫴......
#SUI🔥🔥🔥🔥 #buythedip #BullorBear
Fill your bags 💰💰💰💰💰💰💰💰.......
OPPORTUNITY is coming soon 🫴🫴......
#SUI🔥🔥🔥🔥 #buythedip #BullorBear
$SUI 1.25 Billion $SUI tokens are going to unlock 🔓🔓🔓.Keep eyes 👀👀👀👀👀.......................💲💲💲💵💵💵
#suiunlock #SUI/USDT. #Tokenunlock
#suiunlock #SUI/USDT. #Tokenunlock
$OP Buy at Current Market Prices (CMP) in spot wallet and sell at $3.125 💸💸💸💸💸
#Optimisim #buythedip #BullorBear #bitcoin
#Optimisim #buythedip #BullorBear #bitcoin
$SEI Buy at $0.5106 in spot wallet and sell when price move toward $0.5420 and $0.5522.
#sei #buythedip #BullorBear
#sei #buythedip #BullorBear
$SUI Buy at $1.10 to $1.056 at spot and book profit at $1.1483,$1.1659 & $1.1844.
#SUI🔥🔥🔥🔥 #buythedip #BullorBear
#SUI🔥🔥🔥🔥 #buythedip #BullorBear
🌟🌟🌟TIP🌟🌟🌟
"Stop loss 🛑 is your Friend"
One crucial tip about loss in crypto trading is to set strict stop-loss orders to limit potential losses and protect your investment.
#ScamRiskWarning #StopLoss. #Fed #NFP
"Stop loss 🛑 is your Friend"
One crucial tip about loss in crypto trading is to set strict stop-loss orders to limit potential losses and protect your investment.
#ScamRiskWarning #StopLoss. #Fed #NFP
🌟🌟🌟TIP🌟🌟🌟
When it comes to crypto trading, consider using technical analysis to understand price patterns and indicators like moving averages or RSI. Pair it with fundamental analysis to evaluate the project's technology, team, and market potential for a more comprehensive trading strategy.
#Megadrop #BinanceLaunchpool #Fed #NFP
When it comes to crypto trading, consider using technical analysis to understand price patterns and indicators like moving averages or RSI. Pair it with fundamental analysis to evaluate the project's technology, team, and market potential for a more comprehensive trading strategy.
#Megadrop #BinanceLaunchpool #Fed #NFP
$BNB is currently showing bullish signs on the daily chart, with its price trading above key moving averages such as the 50-day and 200-day MA. The Relative Strength Index (RSI) indicates bullish momentum, suggesting potential further upside. However, the price is approaching a resistance level around $600, which could lead to a short-term consolidation or pullback. If BNB breaks above this resistance, the next target could be around $650. On the downside, strong support lies around $500. Traders should closely monitor price action around these levels for potential trading opportunities.
#BNB #BinanceLaunchpool #Megadrop #NFP
#BNB #BinanceLaunchpool #Megadrop #NFP