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⭐️ Terra Luna Classic Delegates Another 30M LUNC To Hexxagon, What’s Happening? The Terra Classic Foundation recently made a significant announcement on X (formerly Twitter). The Terra Luna Classic team has delegated an additional 30 million LUNC to Hexxagon. This brings their total delegation on Terra Classic to a substantial 930 million LUNC. The Foundation expressed optimism about the future, celebrating the milestone. Hexxagon is a key player in the Terra Luna Classic ecosystem. It runs and maintains important platforms like Galaxy Station and Galaxy Finder. These platforms are crucial for the Terra Classic community. Moreover, they offer node hosting and staking services, ensuring the smooth operation of the network. 🔸 Background On Hexxagon In Terra Luna Classic Community Almost a year ago, on July 28, 2023, Terra Luna Classic‘s core developer group, Joint L1 Task Force (L1TF), unveiled a collaboration with Hexxagon. Hexxagon is not just a validator but also a team of skilled developers. The collaboration aimed to enhance security for the community-owned Station, Finder, and web wallet extension. However, the community had mixed reactions to this partnership. The skepticism stemmed from Hexxagon’s links to the developer group Terra Rebels, which the community distrusts. Despite this, the partnership went ahead with a clear goal: to build a secure, community-owned wallet. This initiative was funded through Proposal 11645, which the community approved. Hexxagon took on the responsibility of developing key components like the Station, Finder, and wallet web extension. They also manage the maintenance and infrastructure related to these platforms. In addition, the Joint L1 Task Force assists by conducting assessments, reviewing, and checking all pull requests to ensure everything runs smoothly. A unique aspect of this collaboration is the operational structure. Hexxagon and L1TF operate under the same account, owned by the Joint L1 Task Force. The alliance is known as the Terra Classic Task Force. $LUNC #LUNC
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🔑 Vitalik Buterin Spills Beans on These 2 Key Innovations Ethereum cofounder Vitalik Buterin points out Prediction Markets and Community Notes as two key innovations that are becoming the knowledge-based technologies of this decade. The cofounder highlighted notable features of these innovations that make them special technologies of the 2020s. 🔸 Unique characteristics of Prediction Markets and Community Notes Specifically, Buterin highlighted that both Prediction Markets and Community Notes are truth-seeking and democratic. He added that these technologies were created with participation from the public rather than by preselected members of the upper echelon. The founder concludes that he hopes to see similar technologies in the future. In a follow-up post, Buterin claims Prediction Markets complements Community Notes. 💬 Prediction markets and Community Notes are becoming the two flagship social epistemic technologies of the 2020s. Both truth-seeking and democratic, built around open public participation rather than pre-selected elites. I want to see many more things like this. — vitalik.eth According to him, the central idea of Prediction Markets is to encourage users to anticipate future signals and to disclose them as soon as feasible. As regards Community Notes, Buterin says the main complaint is that it pops up slowly. It is worth mentioning that this is not the first time Buterin has endorsed Community Notes. In a U.Today report published last year, Buterin claimed the transparency provided by Community Notes aligns with crypto principles. He emphasized that this approach offers substantial value by preventing centralized manipulation. 🔸 Evolution of Community Notes and Prediction Markets Community Notes gained notable prominence following the acquisition of social media platform X (formerly Twitter) in 2022. Initially introduced as "Birdwatch" in January 2021, the technology aims to tackle misinformation by attaching context and facts to tweets. #VitalikButerin $ETH #ETH #Ethereum
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🚀 Solana Meme Coins Outpace Dogecoin and Shiba Inu in Recent Rally Meme coins are experiencing a resurgence, with significant gains in the past 24 hours. Leading tokens Bonk (BONK), Floki (FLOKI), and Brett (BRETT) have spearheaded the bullish momentum after a few days of sluggish movement. The meme coin market capitalization currently stands at $48 billion, according to CoinMarketCap data. Dogecoin (DOGE) and Shiba Inu (SHIB), two dog-themed meme coins that gained widespread popularity in 2021, continue to lead the sector in terms of market cap. The trading volume of the meme coin sector has surged to $3.49 billion. The top performer in the meme coin sector is Bonk (BONK), the first dog-themed coin on Solana. BONK has surged 10.9% to a current price of $0.00002629. The token’s volume stands at $341 million, and its market capitalization is $1.79 billion. BONK is also nearing entry into the list of the top 50 digital assets by market cap, currently ranked at 51. The BONK chart indicates that the meme coin is attempting a rebound, aiming for the $0.00004 price level. The relative strength index (RSI) stands at 54.6, suggesting a balanced battle between bulls and bears. Floki (FLOKI) surged 5.28%, hitting a price tag of $0.0001811, and reaching its seven-day high. However, the meme coin is still lower than its monthly high of $0.0003 and is down 27.24% in the past 30 days. The RSI for FLOKI reads 45.4, confirming that the bears are still exerting control. Finally, the BRETT token rose 3.16%, and its price at the time of publication is $0.1667. The trading volume of the token dropped 4.84%, while its market cap stands at $1.65 billion, making it the 55th largest digital asset. The meme coin is up 8.87% in the last week, 65.41% in 30 days, and 331.04% since July 2023, significantly outperforming DOGE and SHIB, which have risen 84.26% and 128.18% since July last year. Notably, Solana-based meme coins like BRETT, BONK, and Book of Memes (BOME) have been experiencing a recent surge in popularity. #BONK #FLOKI #BRETT
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