• Chainwire DeSo has introduced a revolutionary Proof-of-Stake (PoS) system, setting a new standard for the industry.
• This technology promises to revolutionize and build upon the successes of previous PoS systems, providing greater energy efficiency and security while making its native currency, $DESO, deflationary.
• The new system includes distinct breakthroughs over existing proof-of-stake mechanisms such as maximum deflation, Revolution Rule, and Sovereign staking.
Coinbase-Backed Decentralized Social Blockchain Revolutionizes with New Proof of Stake System
Chainwire DeSo has announced the introduction of a revolutionary Proof-of-Stake (PoS) system which sets a new standard for the industry. This technology is designed to revolutionize and build upon the successes of previous PoS systems while providing greater energy efficiency and security while making its native currency, $DESO, deflationary.
DeSo Raises 200 Million from Investors
DeSo’s new layer-1 blockchain raised $200 million from investors including Sequoia Capital, Andreessen Horowitz, Coinbase Ventures and more. The state-of-the art system combines the best elements of earlier PoS systems such as Tendermint, HotStuff, DiemBFT, Ethereum Solana Avalanche and Flow with some unique features like Revolt which makes it one of the most censorship resistant systems in existence.
Revolution: Making Smart Contract Systems More Secure
One particular feature of this new PoS system is „Revolution Rule“ which automatically times out any leader that tries to censor mempool transactions. This ensures that smart contract systems are more secure by preventing miners from extracting value within them. Furthermore there is also „Maximum Deflation“ where transaction fees are burned to the maximum extent possible thus making $DESO deflationary in nature.
Validator Nodes Required To Lock Up Deposits For Network Security
In order to participate in consensus on DeSo’s PoS system validator nodes must lock up a deposit of $DESO tokens on their network similar to how Ethereum’s PoS works so as to keep it secure by preventing malicious behaviour. This also allows users to sovereignly stake their tokens for around 3 hours only instead of locking them up indefinitely like other networks require thereby significantly improving convenience for users who want to stake their tokens quickly without having long wait times or high gas fees associated with other networks like Ethereum’s current POS system.
This groundbreaking technological advancement brings us closer towards achieving trustless decentralization today and will likely be adopted by many blockchains going forward due to its numerous advantages over existing PoS models including improved energy efficiency and security along with an overall faster user experience due to shorter wait times when staking tokens compared with traditional Proof of Stake models used by other platforms like Ethereum’s current POS model .
• Polygon Labs has partnered with Salesforce to offer customers token-based loyalty programs.
• Salesforce Web3, a NFT management platform, will be used to support the creation of these programs.
• Customers can use the platform to access customer data in real-time, check Blockchain activities and mint and trade NFTs.
Polygon Labs Partners with Salesforce
Polygon Labs recently announced a partnership with Customer Relationship Management (CRM) platform Salesfores that will enable customers to create token-based loyalty programs using the Salesforce Web3 platform. This move is part of Polygon’s strategy to expand its network reach and usability across different platforms in the fintech world.
Features of Salesforce Web 3
The Salesforce Web3 platform offers customers various features such as accessing customer data in real-time, checking Blockchain activities as well as minting and trading NFTs. Adam Caplan, General Manager of Web3 at Salesforce spoke about how crypto wallets can help leading brands engage directly with customers due to changing market policies and rules.
Salesforce’s Impact on NFT Industry
American cloud-based software company Saleforce provides services for marketing, sales, commerce, service, and IT teams across different businesses worldwide. It launched its NFT cloud pilot back in June 2022 in order to facilitate communities passionate about their brand. The recent partnership with Polygon further extends this capability for its clients.
Benefits of Token Based Loyalty Programs
Token based loyalty programs have many benefits for both customers and businesses alike including increased engagement and improved customer retention rates which result in higher profits for businesses over time . These programs are also more secure than traditional loyalty points systems due to their ties with blockchain technology which makes them harder to counterfeit or steal from customers.
The new partnership between Polygon Labs and Saleforce marks an important step towards improving customer experiences by introducing a range of innovative solutions tied into blockchain technology such as token based loyalty programs enabled by the Salesforce Web 3 platform . This move is part of Polygon’s strategy to expand its network reach while providing more ways for companies around the world to better engage with their customers using innovative technologies like blockchain .
• US Government has moved 49,000 BTC from Silk Road to Coinbase.
• Industry leaders are concerned this move may be connected to an imminent dump-off.
• The market is pricing in the Fear, Uncertainty and Doubts (FUD) associated with the impending selloff of Bitcoin.
US Government Moves $1B Worth of BTC to Coinbase
The United States government has recently moved about 49,000 BTC units from wallets related to law enforcement seizures associated with Silk Road into Coinbase. This transaction is estimated to be worth around $1 billion USD, causing industry leaders to worry that it could potentially lead to a large scale sell off.
Fear, Uncertainty and Doubt (FUD) Surrounding Imminent Bitcoin Dump
The broad crypto ecosystem was thrown into a semi-panic mode upon revelations of the move by the US Government. Unclear as to why these funds have been transferred over, speculation is now growing that it could lead to a potential dump off of the assets. If this were indeed the case, exchanges would need the necessary liquidity in order for this amount of digital currency to be sold off successfully – resulting in an imbalance in the highly volatile crypto industry.
Market Pricing In FUD Associated With Impending Sell Off
At present time, markets are already pricing in Fear Uncertainty and Doubts (FUD) surrounding what might transpire should such a large amount of Bitcoin get sold off all at once. As it stands right now, Bitcoin holds a spot price of $22,029.83 – down 1.62% over 24 hours and 6% within 7 days trailing period.
Regulators Advocating For Investor Protection
American regulators are always pushing for investor protection – giving them some benefit of doubt when considering their plans for selling off such an amount of BTC all at once may not necessarily be seen as bad by some industry experts who understand their motives behind it all..
Ultimately though, until more information comes out regarding why exactly these funds have been transferred over and whether or not they will eventually be sold off – there remains much fear uncertainty and doubt surrounding what could happen next within this sector as result of these transactions taking place
• AlienFi is a sustainable exchange for the future due to its unique features which are different from other platforms.
• These features include an admin panel, easy user onboarding process, user authentication, user-friendly interface and a trading algorithm.
• All of these make AlienFi a reliable and secure platform for crypto transactions.
Unique Features of AlienFi Exchange
AlienFi is a sustainable exchange for the future due to its unique features which are different from other platforms. These features include an admin panel, easy user onboarding process, user authentication, user-friendly interface and a trading algorithm. All of these make AlienFi a reliable and secure platform for crypto transactions.
The functionality of the bitcoin exchange platform and the trading experience for users are both enhanced by the addition of an admin panel. Through this feature, all operations related to the cryptocurrency trading application can be managed efficiently and easily. Moreover, new capabilities can be added to make it more unique to differentiate from other exchanges in the market.
User Onboarding Process
In order to provide users with an easy trading experience on an exchange platform, it is important that they should complete ‘Know Your Customer’ (KYC) forms as early as possible during registration process so that their authorization would be done quickly without any delay or hassle.
Apart from having an efficient onboarding process on any crypto currency exchange platform, it is also crucial that there should be proper user authentication system implemented since without it there could have been higher chances of fraudulent activities taking place between two parties involved in any transaction leading to lack of reliability or transparency among them .
User-Friendly Interface & Trading Algorithm
The most important component in any cryptocurrency exchanging app is its User Interface (UI). The UI must be straightforward and simple so that users can understand what they need to do while performing transactions quickly without wasting time as well as placing orders accurately with no mistakes made. In addition to this, every bitcoin exchanging application also requires a specialized trading algorithm which helps in managing all aspects such as order books accessibility , balance updates , making trades etc . This allows traders to get informed decisions regarding their trades within seconds making them more confident about investments made through digital currencies .