Monat: März 2023

• Chainwire DeSo has introduced a new Proof-of-Stake (PoS) system, Revolution, that provides greater energy efficiency and security while making its native currency, $DESO, deflationary.
• The Revolution PoS requires validator nodes to lock up a deposit of $DESO on the network to participate in consensus.
• Other features include maximum deflation, where transaction fees are burned to the maximum extent possible; Revolution Rule; and Sovereign staking.

Coinbase-Backed DeSo Introduces Revolutionary PoS System

DeSo, the decentralized social media blockchain backed by Coinbase Ventures, has introduced a groundbreaking Proof-of-Stake (PoS) system aptly named „Revolution“. This innovative technology promises to revolutionize and build upon the successes of previous Proof-of-Stake systems with added features such as maximum deflation, where transaction fees are burned to make $DESO deflationary; Revolution Rule; and Sovereign staking.

Validator Nodes

The Revolution PoS requires validator nodes to lock up a deposit of $DESO on the network in order to participate in consensus. By using crypto as collateral it compels the nodes to behave appropriately and helps keep the network secure.

Revolution Rule

Revolution Rule automatically times out leaders who attempt to censor mempool transactions. This feature makes it one of the most censorship resistant systems available today.

Sovereign Staking

DeSo’s revolutionary system also allows users to stake their $DESO for roughly three hours only – significantly improving liquidity compared with traditional stake models which require much longer time frames.

Conclusion

The introduction of DeSo’s new PoS system marks a significant milestone for the industry as a whole – bringing exciting new features that build upon existing mechanisms from leading layer-1 blockchains. With this innovation comes better energy efficiency, security, liquidity and much more – setting a standard for future blockchains looking for similar benefits without compromising decentralization or scalability.

• 2022 was a year of high inflation which led to higher interest rates.
• These rising rates had several impacts on the world, including making Futures trading more expensive, causing house prices to decline, and strengthening the US dollar.
• Other effects include increased borrowing costs and reduced economic growth.

Impact of Rising Interest Rates in 2022

Futures Trading More Expensive

Higher interest rates increase the cost of leverage, meaning traders need more capital to enter into Futures contracts when interest rates are high. This increases the Futures margin and makes trading more challenging.

House Prices Set to Decline

Interest rates affect property prices by influencing borrowing costs and demand for money. Low-interest rates made mortgages attractive, driving up property demand and prices in 2022. However, analysts predict these rising rates will catch up with the market in 2023, leading to a 10% drop in UK house prices and a 4.5% drop in US homes.

US Dollar Gained Strength

When interest rates are high, investors can earn higher returns by holding that currency – increasing its relative value compared to other currencies. In 2022, this happened with USD due to rising US interest rates – it gained strength against many other currencies.

Increased Borrowing Costs

Businesses and consumers also felt the impact of rising interest rates in 2022 as borrowing costs increased significantly – reducing consumer spending power and dampening economic growth around the world.

Conclusion

Rising interest rate had a significant effect on global markets in 2022, leading to increased borrowing costs, declining house prices, strengthened USD currency value and more expensive futures trading – all impacting both businesses and consumers across the world

• TMS Network (TMSN) is an Ethereum-based decentralized trading hub that has seen rapid growth in the decentralized finance space.
• It provides an all-in-one multipurpose hub for diversified asset and derivatives trading, with cutting-edge technology and a commitment to decentralization.
• The TMS Network token has seen significant traction and value due to its unique features, while Shiba Inu (SHIB) has slumped by 89% from its ATH.

TMS Network (TMSN) Sees Rapid Growth

In decentralized finance, the race for innovation and growth is never-ending. Amidst this rapidly evolving landscape, TMS Network (TMSN), a decentralized trading hub, has emerged as the starlight, leaving behind popular players like Shiba Inu (SHIB) and Cocos-BCX (COCOS).

Unique Features of TMS Network (TMSN)

The platform leverages blockchain technology and a smart contract enabled Ethereum chain to automate and manage trading activities. This significantly cuts out centralized problems like fraudulent activity, price manipulations, high and hidden fees, inefficiencies, and low speed. Aside from these advantages it also provides educational resources to help traders get the hang of profitable trading. Its long list of robust trading tools are exceptional including price aggregators, AI builders, on-chain metrics, powerful terminals etc., making it ideal for experienced traders as well. The presale value of TMS Network token rose from $0.003 to $0.025 in less than two weeks which wowed investors and traders alike.

Shiba Inu’s Decline

Shiba Inu (SHIB) provides little to no alluring value right from the start since it was created just for meme coins hype without any actual use case or technology backing it up . At its peak Shiba Inu flipped Dogecoin but then eventually fell back down by 89% from its All Time High Market Cap Value .

Conclusion

The ongoing competition between different tokens in DeFi space shows that only those tokens with innovative features will survive in the long run . With its unique features , cutting edge technology & commitment towards decentralization TMS network is emerging as a winner & gaining huge traction among investors & traders alike .

Takeaway

It’s important to thoroughly research any cryptocurrency before investing because market sentiment can quickly change & memes coins are highly volatile investments with little underlying fundamentals or use cases .

Overview

• Elon Musk’s recent tweet has caused a surge in the price of Dogecoin by 6.6 percent and Shiba Inu by 2.5 percent.
• According to a study conducted by Blockchain Research Lab, there is an average 3-percent price increase following each of Elon Musk’s tweets.
• Dogecoin’s 24-hour move was within the range of $0.0832 and $0.0872 before recording its first retracement as seen in the charted data.

Elon Musk’s Influence on Dogecoin Price

Elon Musk’s influence on crypto prices is undeniable, according to a study conducted by Blockchain Research Lab that analyzed 47 events after his tweets were released. The results showed that there was an average 3-percent price increase following each of his tweets – including the one that triggered the recent surge in Dogecoin’s and Shiba Inu’s prices.

Dogecoin Responds Positively

In response to Musk’s tweet, Dogecoin surged by 6.6 percent and Shiba Inu by 2.5 percent – proving that investors are still strongly influenced by his words when it comes to cryptocurrency investments decisions. Following this tweet, Dogecoin moved within the range of $0.0832 and $0.0872 before recording its first retracement as seen in the charted data – though not quite testing its key resistance level of $0.09 yet which could have resulted in an even larger surge had it been met successfully..

Fact Check Me @CommunityNotes Tweet

Musk followed up his initial tweet with another cryptic one where he wrote “fact check me @CommunityNotes” raising suspicions among investors who believe that he may be referring to some new feature introduced to Twitter rather than expressing interest in Dogecoin itself considering certain users noted how Community Notes posted about giving people extra context if they reply, like or retweet something on Twitter prior to this event happening – suggesting that this could be what he may actually be talking about instead of referring to pumping DOGE specifically for once again boosting its own value..

Conclusion

It appears from these events that Elon Musk has indeed played a major role in affecting crypto prices with his comments alone being enough to spark large movements among investors looking for potential opportunities for making profits off their investments into digital assets such as DOGE and SHIB tokens respectively as seen recently with both cryptos surging thanks in part due partly due to him once again showing support publicly towards them through social media platforms like Twitter