Showing posts with label eth. Show all posts
Showing posts with label eth. Show all posts

DeFi Coins with Great Potential: Chainlink (LINK), Fantom (FTM) and Calyx Token (CLX)...

Calyx Token

While there is no question that Chainlink (LINK) and Fantom (FTM) are well-established tokens and great investments for the long term, a new token known as Calyx (CLX) has a fair opportunity to turn out to be a decent prospective long-term investment.

Fantom has followed in the footsteps of Chainlink and has become a popular DeFi cryptocurrency. It has managed to effectively use the power of community together with a good use case.

Meanwhile, the Calyx Token (CLX) aids in switching tokens between several blockchains with the touch of a button and is decentralised, enabling users to stake coins and administer the protocol via a DAO.

Let us go a little more into these three coins and determine whether they are worth investing in.

Chainlink (LINK)

Since October 2018, Chainlink (LINK) has made significant progress. Oracles that allow smart contracts to execute safely in response to verified real-world events are essential, given that smart contracts serve as the basis for DeFi.

Chainlink originally offered cryptocurrency price data to DeFi protocols such as Aave through a restricted number of sources. However, it currently incorporates a considerably larger scope of operations.

In addition, AccuWeather and the Associated Press have teamed with Chainlink to verify data, and former Google CEO Eric Schmidt has joined as an adviser, the latest signals that major tech and media are taking note of Chainlink's increasing possibilities.

Later this year, Chainlink will include staking, which will enable LINK holders to contribute to network security by encrypting a part of their LINK and collecting incentives.

LINK has fallen more than 82 percent of its value from its all-time high, indicating that now may be the optimum moment to purchase due to its substantial upside potential for 2022.


Fantom (FTM)

Fantom (FTM) is a smart contract platform that provides developers with a range of DeFi services.

Fantom's (FTM) primary emphasis is transaction speed; the firm claims to have reduced transaction speeds to under two seconds. The FTM token can be staked to get rewards and is the native currency which enables the platform's transactions.

Since Fantom has a faster transaction processing speed than Ethereum (ETH), the leading DeFi ecosystem, 2022 might be a pivotal year for the Fantom’s business.

In a few years, Fantom (FTM) could even rival Ethereum (ETH) and might be one of the greatest investments in 2022.


Calyx Token (CLX)

Calyx Token (CLX) intends to improve the experience of individuals who purchase cryptocurrencies via exchanges but are irritated by the slow and expensive process.

This procedure will be eased by the network's Calyx Swap, which allows users to swap between tokens in a single transaction at the best available prices across all DEX platforms.

Total decentralisation is also a key value of Calyx (CLX). The permissionless exchange procedure of the protocol will not require users to establish an account or register.

According to the roadmap, the token will first function on the Ethereum (ETH) blockchain, with ambitions to spread to additional blockchains in the future.

In addition, Calyx Token (CLX) will be community-driven, maintained, and regulated by individuals who own the native token CLX, courtesy of CalyxDAO. 

As the Calyx Token (CLX) grows, it will empower the community by enabling them to vote on and execute crucial network choices. Given its use case and great growth possibilities, the CLX cryptocurrency is a solid investment.

Therefore, investors seeking cryptos with a significant track record of success can consider investing in both Chainlink (LINK) and Fantom (FTM).

Meanwhile, Calyx Token (CLX) is available in presale and might be your ticket to becoming the next cryptocurrency millionaire.

Contact

Join Presale https://presale.calyx-token.io/login

Website https://calyx-token.io/#homepage

Telegram https://t.me/CALYX_TOKEN_OFFICIAL

Twitter https://twitter.com/CalyxToken

Instagram https://www.instagram.com/calyx_token/


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Information Provided Via Guest Post Submission

Content not created, evaluated, or endorsed by Global Crypto Press Crypto & NFT Press Release Distribution

Can You Spare $100? 3 Game-Changing Cryptos To Invest In...

 

Seesaw token SSW

To get started in crypto, you don't necessarily need a lot of money. While investing in stocks has historically been catered towards wealthier people with financial understanding, crypto has emerged as the accessible alternative for everyone. 

The terminology and charts utilised by the crypto market can easily put off a newcomer, but the truth is, nobody can predict which crypto will explode. Meme coins continue to surprise people with explosive gains until this day.

Thus, a $100 initial investment could help lay the groundwork for massive long-term gains. Let's look at why Ethereum (ETH), Ripple (XRP) and Seesaw Protocol (SSW) appear to be long-term winners. 

Ethereum (ETH)

Ethereum (ETH) is the second-largest public crypto, with a market cap of $345 billion, accounting for nearly 20% of the entire crypto market. The Merge, a platform upgrade that could make running the blockchain more environmentally friendly and sustainable, is being worked on by the platform's developers to keep its dominant position.

Ethereum (ETH), as you may be aware, has fallen behind newer blockchains. Consider Solana (SOL), which can process 50,000 transactions per second versus Ethereum's (ETH) meagre 15.

This discrepancy is due in large part to Ethereum's (ETH) proof-of-work (PoW) block validation mechanism, which requires miners to solve computational problems in order to verify transactions. This is a time-consuming process that uses real-world resources. These problems will be addressed in a future update.

Ethereum's (ETH) main blockchain will merge with a parallel network known as the beacon chain and transition to a full proof-of-stake (PoS) system, where miners verify transactions using existing coins rather than solving puzzles, according to its developers. This change could result in a 99.95% reduction in Ethereum's (ETH) total energy consumption, as well as the possibility of future improvements aimed at speed and scalability.

The Merge's release date is unknown, but the developers say it could be a few months after June.


Ripple (XRP)


Do you want crypto with real-world application? Ripple (XRP) is where to look. Despite ongoing legal uncertainty, the well-defined niche and impressive technical capabilities of this finance-focused blockchain position it for long-term success in the competitive crypto industry.


While almost all cryptos can store and transmit value, Ripple (XRP) goes above and beyond by optimising its design for this purpose. Transactions are quick and inexpensive, taking three to five seconds to complete for a fee of 0.0001 XRP tokens (each XRP is currently worth $0.65).

Ripple Labs, the blockchain's creator, also offers RippleNet, an enterprise-level payment solution that allows large companies to move money across borders using Ripple's (XRP) native token, XRP, as well as other traditional currencies. So far, the protocol has a number of high-profile partners, including Santander, a Spanish multinational bank, and American Express, a global payments giant.

The real-world utility of Ripple (XRP) has piqued the interest of US regulators, who are investigating whether the blockchain's creators broke security laws when they launched it. Nobody knows how this situation will turn out, but investors should keep in mind that Ripple's (XRP) developer is distinct from the XRP tokens you buy or sell on exchanges.


Seesaw Protocol (SSW)


Before its launch, Seesaw Protocol (SSW) had a hugely successful presale, with its price increasing by an incredible 8000%. Seesaw Protocol (SSW) started at $0.005, but its popularity quickly grew, and the token's presale ended at around $0.40, much to the delight of its holders.

Seesaw Protocol (SSW) has generated a lot of buzz due to its transformative goals, which have contributed to its skyrocketing presale price. According to its White Paper, Seesaw Protocol (SSW) aims to connect other blockchains, including Binance Smart Chain (BNB), Polygon (MATIC), and Ethereum (ETH), allowing users to use whichever blockchain network they prefer.

Following the launch of PancakeSwap, holders can expect the multi-chain bridge and swap, cross-chain deployment across Ethereum (ETH) and Polygon (MATIC), and the UniSwap launch later this year. 


Find out more about Seesaw Protocol (SSW) here:

Swap: https://swap.seesawprotocol.io/

Website: https://seesawprotocol.io/

Telegram: https://t.me/SEESAWPROTOCOL

Twitter: https://twitter.com/SEESAWPROTOCOL

Instagram: https://www.instagram.com/seesaw.protocol

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Information Provided Via Guest Post Submission

Content not created, evaluated, or endorsed by Global Crypto Press Crypto & NFT Press Release Distribution

Soon You'll Be Able To Receive Payments Sent To WhateverYouWant.com, as Ethereum Name Services (ENS) 2 Level Domain Support Goes Live...

Ethereum Name Services

Ethereum Name Services (ENS) has announced the implementation of smart contracts allowing integration of Internet the domain name system (DNS) is now being tested on Ethereum's Ropsten testnet.

The update will allow domain owners to use the .com domain instead of the .ETH point for use in the ENS system. This means that a user who owns [whatever].com an use it in the ENS system without making any changes.

Payments Sent Directly To A Dot Com...

Once registered in the ENS system, the domain will be able to receive payments - not just Ethereum but Ethereum Classic (ETC), Bitcoin (BTC) and Dogecoin (DOGE) as well!

This feature is an extension of what's already available with the names XYZ system inside of ENS, which allows to add addresses of other blockchains.

Note that the the system will not apply to third-level domains even if they function as 2LD's, such as 'whatever.co.uk'.

The Wait Won't Be Long...

Sources say the new feature could go live 'in less than a month as long as testing continues to go smoothly'. 

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Author: Adam Lee
Asia News Desk 

Ethereum ON FIRE - 200% Returns So Far This Year, As Price Now Passes $500! But Prepare For What's Next....

Ethereum 2.0 coming as price hits $500

Ethereum Has A 200% Return So Far This Year, And Just Hit $500+ For The First Time Since June 2018...

Ethereum's has managed a large rebound over summer and winter if 2020 , with it's market cap going from $13 Billion in Jan to $53 billion today  Likewise, the quantity of daily transactions has increased as well. In the last 24hrs Ether buying and selling in dollars totaled $3.5+ billion in volume.

Ethereum hasn't seen these prices since June 2018, when amid a bull market it struck its all-time high of $ 1,300. But it's fluctuated since then, and for awhile went surprisingly low, the worst being June of last year falling underneath $100.

Upgrades Are A Big Reason Why...

The increase in the price of ETH coincides with an increase in its hash rate (or computing power) of the network, which on Thursday reached a new historical high - exceeding 250 terahash per second (TH/s)!

But the big one is early next month, when the long awaited Ethereum 2.0 launches! Many expect this to come with strong rally behind it, saying they want to get in before the 2.0 rally truly gets going.

Will The Rise Continue? 

Which brings us to this interesting point - will everyone buy ahead of Ethereum 2.0's launch, making for a slow day when it actually arrives? Or will the lunch have enough hype behind it to fuel a rally of new investors following the experienced investors buying now? 

I'm leaning towards believing Ethereum will successfully have a double rally run-up.  The excitement around crypto is big, and Bitcoin's price (logically or not) scares some people off.  I think there's a lot of people who will take 'the next best thing' and if it's priced under $1000 they won't hesitate to make this their jump-in point!


Author: Ross Davis 
E-Mail: Ross@GlobalCryptoPress.com Twitter:@RossFM
San Francisco News Desk / Breaking Crypto News

Welcome Back Ethereum - Now Trading At Prices Last Seen in 2018!

Ethereum Price
Ethereum (ETH), managed to cross the psychological barrier of USD 400 this Thursday, after staying above USD 390 for most of the day. Since 16:34 (UTC-4) it exceeded by For the second time in the month at $ 400, Ethereum followed a rapid rise to a local high of $ 433, then fluctuated above $ 420.

The last time the price of ETH was above $ 430 was in early August 2018, amid the decline from its all-time high of $ 1,438, reached on January 13, 2018. At the time of writing In this article, the Ethereum coin registers a price of USD 427, which represents a 223% return since the beginning of the year, according to CoinMarketCap.

Also fueling the Ethereum hype - version 2.0 launch is right around the corner, with the ETH2.0 testnet just went live.

Bitcoin (BTC), which remains in the vicinity of $ 11,700, tried unsuccessfully yesterday to break the resistance at $ 12,000. It rallied to $ 11,845 and then fell back towards levels near $ 11,700.

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Mark Pippen
London Newsroom
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