PhoenixDAO: A decentralized digital identity platform that rewards users

PhoenixDAO, a decentralized and open source digital identity-driven platform, has announced the planned launch of Event Marketplace DApp, which will provide a list and market for event tickets before the end of the first quarter of 2021 – both free and paid. This is followed by the recently improved beta version of Phoenix DAO Staking DApp .

Launched in 2020, aims to eliminate cases of whale manipulation with custom-designed DAO. The platform uses a community-based governance approach that allows signal holders to create and vote on proposals for platform-based projects and DApps. PhoenixDAO is powered by native PHNX tokens – it is also used during voting.

As we saw above, PhoenixDAO consists of two main parts – DAO (for control) and DApps (utility) – that give users a say in making decisions through the PHNX token.

At the heart of PhoenixDAO is the DAO or decentralized autonomous organization, which is the network management protocol. According to a statement, the DAO will allow the community to participate in the vote on the above-mentioned proposals and will also share grants from PhoenixDAO for beneficial projects in the ecosystem.

When it launched, the PhoenixDAO team launched a betting campaign in partnership with Ferrum Network, then quickly launched its first flagship dApp 2020 first flagship in Q3 and is expected to launch its second Event Marketplace this quarter. Next up is the schedule for an NFT Marketplace that will arrive later in the year.

Placement on the platform is possible in two ways – either through Spot staking DApp or by providing liquidity on Uniswap. On-site staking DApp allows users to earn up to 20% APY when paying in PHNX. Started in June, users will also be able to a month to earn ETH / PHNX rewards.

The success of the DAO cannot be underestimated as the liquidity and volume of the platform has soared since the anniversary. On Feb. 14, PhoenixDAO broke the 24-hour, all-time high on on Uniswap and other services for $ 950,000, showcasing the network’s capabilities. The Uniswap (PHNX / ETH) liquidity pool set an all-time high of $ 394,700 on Wednesday.

Another fantastic milestone reached today is with owners in excess of 1000  ! & # 128640;

That, along with more than $ 300,000 in PHNX: ETH LP & # 128293;  

– PhoenixDAO (@phnxdao)

Nevertheless, a wide range of PhoenixDAO partners have opened up in the cryptocurrency ecosystem, from marketers to developers. PhoenixDAO announced in mid-2020 a partnership with , a cryptoportfolio provider, to improve digital identity in their Zero Zero wallet. The Ferrum Network is a decentralized network with a unique value proposition – “instead of focusing on new coins, it can represent coins in other networks”.

The partnership quickly followed marketing alliances with LunaPR and Crypto Daily, preparing to disrupt the management market for DeFi and DAO. The , the global fintech marketing and PR company announced on Wednesday, aims to gather the market and build trust and confidence that the PhoenixDAO system will win the market.

“Branding is essential for any industry,” reads the PhoenixDAO statement. “Without a public image, no organization can survive in this competitive market.”

Following successful testing of the DAO, it is now closer to launch than ever before, once it goes live, it will be the first step towards visiting developers around the world who are building on the PhoenixDAO ecosystem. Later, in 2021, the team will share details about the launch of the dApp store. It will also give users the opportunity to earn a passive income through the bet – expected next month.

Glad to support  ! You are really right.

Enjoy the benefits of the bet now with the release of V2 next month! & # 128293;

– PhoenixDAO (@phnxdao)

The PhoenixDAO token, is currently trading at $ 0.088997, up a sudden 220% from last month, and the total stock in circulation is 51,897,138. The total market cap for PHNX tokens is $ 4,778,869, which is 7, It represents a 3% drop in the last 24 hours.

Disclaimer : This is a paid job. Conduct your own research on the promotional company or any of its affiliates or services mentioned in this article. Coingape.com will not be liable for any damage or loss to you.

Togel Casino Bonus Tips – How to Get a Free togel Account

togel

Togel Casino Bonus Tips – How to Get a Free togel Account

ToGel is a game of pure luck. In it players are trying to hit a pattern on a grid of five or six squares without putting any cards on the table. The first player who hits a Togel sign on the grid in a row wins a point. That means they did not have the luck factor but rather used statistical probability to win. While playing this game, no cards are involved so it is safe to play for fun.

Togel is played by many different people. It is usually included in the many different lottery games available on the Internet. People then use various statistical methods and different bonuses to try to predict the numbers which appear on their togels. This form of online gambling began in the Asian nation of Indonesia before it spread to other areas of the world. The popularity of this game is quite high and there are many well-known websites that offer to gel to a large number of players.

In order to play togel you will need to enter a pair of two numbers. These numbers can be anything between one to twenty. The formula to use is quite simple: where the total sum of all the numbers that can come from one to twenty is found. By using these factors which are already known, it should be relatively easy to predict which numbers will be in the togel pattern.

There are many different ways of betting online. Some people go for togel online and other individuals go for regular betting. Togel is the regular betting game. The website has all sorts of strategies and tips to help you increase your chances at winning by a long way.

People who are familiar with togel Singapore will find that it is not too difficult to go about betting on the game. If you have Singaporean friends who happen to be into this kind of thing, you can invite them to join you so that you can have a fun time together. It can also be a great idea to form a small league and invite your friends to bet in it. Such things may even encourage more people to bet online in Singapore and beyond. In fact, you can even start a new togel league to help you make some money and meet some friends over.

The last thing that should be mentioned about togel gaming is the fact that it is fairly simple to get a togel account. The best thing to do to ensure that you do not fall victim to any scams related to this is to go through the terms and conditions which can be found in any of the togel gaming websites you will visit. There you will find the required details and conditions which you will have to fulfill in order to open up an account with any of the togles in Singapore. Opening up a togel account is pretty simple as long as you do your homework and are aware of what to expect from the website you choose.

How to take advantage of volatility

Having been an active participant in financial markets for about a decade, I can say that volatility is quite high. This is one of the reasons why only selected individuals choose to engage in active trading business, let alone try a career in it.

The volatility of Forex and the volatility of futures and equities can make living in the markets a monumental task. However, this is manageable and may even benefit you.

What is volatility trading?

Sometimes markets are silent for several occasions or days. This can give the impression that it is easy to trade forex – but you can move hundreds of pip in a few hours! In order to navigate the periodic chaos of forex trading, it is important to understand the differences in forex volatility.

Volatility trading needs to be addressed in two ways: historical and tacit. Historical volatility is the usual price movement over a period of time (i.e., one month or one year). In contrast, implicit volatility is any abnormal current or future exchange rate. Compared to historical pricing, the implicit tends to exceed the historical range. So in this article we are referring to implied volatility.

Forex volatility can be dangerous, but nice gains are possible if you play your cards well.

Forex Volatility Trading Checklist for FX Leaders

We can overcome market volatility. In fact, we can even turn it to our advantage and take advantage of some great moves. During the years I was a trader, I worked out some rules to avoid lags and take advantage of volatility trading. So, here we go:

Expand your goals

The most logical thing to do when the market is up and running is to broaden your profit / stop loss targets. Volatile markets and subsequent pricing show three basic types of behavior:

  • The shaky market can run in one direction with hundreds of toilets without looking back
  • You may run for hundreds of pipettes in a wavy trench operation and make deep feedback after every foot
  • It may move up and down quickly within a specified range

In all types of volatile markets, it’s better to increase your stop loss and pick up profit targets if you want to survive. This way you can avoid the negative effects of chip sawing and minimize your losses while increasing your profit potential.

Broadening your goals will help you avoid flogging.

Minimize losses

 

Sometimes, when volatility is high and pricing is volatile, it is wise to use small stops and high profit profit targets. This volatility trading technique usually gives the best results when applied in the market. It seems contradictory with the above technique, which discusses broadening the goals – but it actually works!

Once the price has determined the range and is trading within it, the stop should be placed close above the top when you sell and below the bottom when you buy. You never know when the price will break out of range and how long it will run when that happens. So on these occasions, it is better to have a strict stop loss.

Remember when EUR / USD traded between 1.05 and 1.1050 after the Fed meeting in March? He moved 400-500 pipes up and down during a few sessions. When he finally knocked the top of the range, the price jumped to 1.1450. If you put the stop above 100, 200 or even 300 cores above the peak, you suffered a big loss after the eruption – this often happens in volatile markets. Even if they stop a few times, you can more than compensate for the losses with a winning trade.

Reduce leverage

Leverage is very useful for traders who want to make a big profit with a limited amount of equity. Leverage, however, is also a major killer of trading accounts. So, if you broaden your stop loss target using a volatility trading plan, it’s better to also reduce leverage. At the end of the day, your account risk should remain in the same proportion as you normally would.

A few weeks ago, when the Chinese stock market crashed, the movement of some forex pairs in a few hours was as high as 600 pips. We decided to enter a long USD / JPY value after the first 200 cores decreased. We opened a buy trade with 300 pips targets for both profit and stop loss. Few knew the pair was moving down another 400 pipes.

If we had used the same 3% leverage for a 30 pip stop loss, we would have lost 30% of our account in one trade. But we reduced leverage from 1:10 to 1: 2 and lost 2% of the bill.

We got it back later that day when the price went up with another purchase, as you could see from our indications. If we had kept leverage at the same level and lost 30% of our account, we would have been hit hard. It is very likely that we could not have opened a second position to recoup our loss on the first trade.

It is not possible to beat the whole market, so it is better to reduce leverage under low volatility.

Diversify your portfolio

Portfolio diversification is one of the main methods for long-term survival. Large institutions always diversify their portfolios by many means, in many different markets.

Diversification is of particular importance when volatility is high. You can never be 100% sure of the outcome of trading under normal trading conditions. During periods of high volatility, uncertainty increases. So splitting funds that are usually traded into several pairs and in different directions limits the risk and often brings in nice profits.

Diversification becomes even more profitable when the price fluctuates amid increasing forex volatility. If you sell EUR / USD with resistance and buy AUD / USD with close support when the wave of USD strength ends, you can make two winning trades. In the worst case, it only covers loss-making transactions and eliminates its losses. If you do this with multiple pairs, some will make a profit while others will pay off.

Look at the bigger picture

A shaky and undulating market often gives the impression that it is moving without a clear direction and is confused. Therefore, it is better to look at the bigger picture to avoid the effect of the noise of smaller time frames. This way, you can see the more important levels of support and resistance in higher time frames, which prevents you from overriding smaller time frame indicators.

Overselling, especially in a volatile market, is as bad as high leverage. If you open too many professions, you cannot concentrate and nurture the professions properly. The logic is blurred and it is difficult to get a clear direction. Therefore, it is best to observe the market on a larger time frame chart to select the best entry points.

How many times have we heard the phrase “patience virtue”? Patience is essential in volatility trading. So select the more important levels in the higher time frame charts, then wait until the price reaches that level and hit. When you have made enough profit in your trade, go out. Rinse and repeat. 

More Tips for Trading in Volatile Markets: How to Trade Profitably in Volatile Markets – Forex Trading Strategies

When in doubt, stay out!

Last but not least, practice avoidance if it is appropriate. You don’t always have to be in the market. You cannot grab every single tick that the price moves up and down. You trade for profit, so it’s ideal to wait for the best opportunities.

If you’re not sure which direction the market is heading, it’s best to stay away and simply watch the market until a good opportunity emerges. There will always be one – don’t go chasing the price in a volatile market!

Extremely buoyant USD / CAD to deal with Canadian job numbers, US non-agricultural payrolls

As the ECB’s rate decision and press conferences are not removed, tomorrow’s (Friday) labor market data in the US and Canada could end the week at a high with some volatile market volatility.

The ECB has launched certain measures today, but not nearly as much as I have seen in the past. I have to say, the market isn’t as active as I’d like, and the really great trends aren’t too rich right now. Let’s look at a few instruments, starting with USD / CAD:

USD / CAD – What powerful progress!

What remarkable progress on USD / CAD! This is a pretty long wave in terms of time and distance. This should serve as a warning to traders who are interested in entering long positions at this late stage. You see, the price has moved quite a bit away from the average (introduced by the 20-EMA) and the pair is fast approaching an important resistance zone where we can expect bulls to get some earnings and even some short bear sales. Now, whether it’s the bulls making money or the bears on short sale, the effect is the same: the U.S. dollar will sell against the Canadian. Needless to say, these actions will affect the USD / CAD exchange rate.

Let’s not forget that courses can move in one direction for extended periods of time. This is important to keep in mind because while it seems like this pair could run out soon, it doesn’t mean we should suddenly start looking for sales opportunities. When we see strong bullish momentum as in this case with USD / CAD, we have to respect that momentum until we come across a valid reversal signal. If you asked a little boy how to ride a fast train, he would surely conclude that the train would have to stop first. The same is true with strong impulsive moves like this on USD / CAD. The average daily turnover on USD / CAD is about 275 billion USD. Think of it this way, behind this last bullish wave stands tremendous weight and momentum; it will not necessarily stop here just because it is approaching an important zone of resistance and because it has become really overcrowded. Do you think you have the resources to resist that kind of order? Maybe, but probably not. Whether you are buying or selling a particular currency pair, it is generally better to wait for the current momentum (if it is very aggressive) to slow down before entering with or against it. Going against the swing is obviously more technical and requires a lot of experience and a solid signal for a turnaround.

So what approach should we use when trading this pair? The bullish momentum is still intact, so our bias should be bullish. However, if you want to buy this pair now, you need to be aware that a reversal or correction is more likely with each new bull day that is printed. This type of progress also slows as it approaches an important resistance zone.

We need to trade the settings with a high probability. These settings generally occur closer to the trend average. Therefore, it would be better to wait for the current momentum to slow down and give the 20-EMA a chance to catch up. Then applications can be taken at or near the 20-EMA if it is observed that this exponential moving average is held as dynamic support (or resistance). How will we know if this is the case? If we see that the price declines the EMA and prints satisfactory candles to confirm this rejection, it will give us a good clue. Of course, we can use the triggers on smaller time frames, but only if they are in line with the technical data on the daily chart.

The price of oil has been falling aggressively in the last two days. This also penalized the Canadian dollar. Watch out for the price of oil if you trade the Canadian dollar: these two are highly correlated.

On Friday, the expected US report on non-payment payrolls could cause significant instability in the foreign exchange market. Canada will also release labor market data at exactly the same time (13:30 GMT). This will make USD / CAD trading interesting on the day. If we get a really big number out of the US and a really bad number out of Canada, USD / CAD could be the perfect pair for a dollar to buy.

The ADP number of changes in agricultural employment released on Wednesday is often a good indicator of how NFP numbers will pass two days later. Now this number was really great and reached 298,000 new jobs compared to the expected reading of 190,000. Really impressive, right? Perhaps the NFP figures this month will be really great, which would further set market expectations for a new increase in U.S. interest rates next week on Wednesday (March 15th). Let’s see what happens tomorrow.

AUD / USD – ‘Down’ 200-MA again

AUD / USD has fallen, as expected, in recent days. This happened after the pair recently traded straight into an important resistance zone. I personally traded this setting and entered it on February 28th. Check out this daily chart:

It’s good to see this pair trading again below their 200-day moving average. The price is also relatively far below the 20-day exponential moving average, testifying to its strong short-lived bearish momentum.

It certainly seems that we could expect a further decline of this pair in the next few weeks. If you’re also briefly exposed to this pair, be careful with the NFP report tomorrow. Be sure to manage your risk carefully.

That’s it for now. Don’t forget to check out the rest of our website. We have a wealth of useful information regarding Forex trading strategies, forex brokers and live market updates.

Have a nice NFP Friday!

Managing Disease With Public Health Promotion

Health, as defined by the World Health Organization, is a state of full physical, emotional and social well being and not just the absence of illness and infirmity. A wide variety of definitions have previously been used for various purposes. Some of them are even centuries old. Others, however, are based on recent findings and observation of today’s lifestyle and environment.

health

According to recent studies, physical well-being has a lot to do with psychological well-being. The two go hand in hand. When people are healthy emotionally, they tend to be mentally healthy as well. The definition of “well-being” states that it is the ability to enjoy one’s life without feeling burdened, depressed, anxious or physically ill. Emotional well-being is the result of one’s own inner happiness and does not depend on external sources such as the material world.

The concept of wellness has several facets, including its relation to the concept of disease. Disease, it turns out, is just an expression of poor health. While it is true that people who are more likely to contract disease are at greater risk for acquiring a serious illness, there is a link between the concepts of wellness and disease. People who are healthy are also at a lesser risk for developing more serious illnesses like cancer and heart disease. This shows that being healthy is one of the keys to being at a higher level of health, and lower risk for developing some illnesses.

Poor physical health and good mental health are, however, different things altogether. The absence of any physical illness does not guarantee a person to be mentally sound. Mental health is likewise not only absence from illness but the result of a person’s capacity to function normally in the face of adversity and stress. Mental health may also refer to the quality of life as manifested by the person’s enjoyment and capacity to cope with his or her environment.

Many people today seem to be more preoccupied with being healthy than with getting treated for the various diseases. This is unfortunate since getting the proper treatment for these diseases are essential to their survival. A good number of studies have shown that the mortality rate of patients with heart disease and other diseases are greatly reduced when patients to engage in regular physical activity. In fact, being physically active is actually a major preventive factor in combating heart disease. Studies have also shown that regular physical activity prevents the onset and development of several forms of cancer.

Physical activity is not only important in the prevention of these diseases but is also necessary in managing the disease and preventing the development of some forms of cancer. It is therefore necessary for people to take up physical activities as part of their lives in general in order to promote good health. Health management and public health experts have long recommended that people should make an effort to take part in regular exercises on a daily basis.

How Does a Game of Chess Work?

A game is simply a structured type of play, normally undertaken for fun or entertainment, and occasionally used as an educational resource. Games are very different from work, which frequently is carried out merely for recreation, and from literature, which is essentially more of an artistic expression or philosophical elements. Game studies generally focus on the various patterns and systems by which we interact with the world around us.

The main article discusses these broad approaches to game study. The main article covers dice, which seems like a simple idea, but it isn’t until you understand its underlying mechanics that you start to see the uses for dice in games outside of the dice board game. When you start to examine the mechanics of games other than the classic board game, you can begin to see the importance of dice in our everyday lives.

One of the earliest games involving dice is chess. Chess involves placement of pieces on a board, each of which possesses a certain number of capabilities, or “positions”. You can move a piece on any row or column at any time, and that position will lock that piece into place until the current position is removed. The piece may also be moved diagonally, horizontally, or vertically. Although there are more elaborate chess systems than I will detail here, the basic approach of placing pieces on a row and checking them all off when the current one is moved is the same. This is the simplest of the three main rules of chess, and we shall see this again in later articles.

The next type of game piece we’ll discuss is the playing card, which serve no purpose other than to facilitate movement, but it must be kept within a specified range. If you are playing a game with more than two game pieces, you have the option of using playing cards of more than one color. This increases your options for tactical planning. However, it also means you have to keep track of multiple sets of cards at once, a very cumbersome task. In addition, cards played by kings usually do not count towards your winning score.

The final major category of game pieces, we’ll cover are those used in chess. The pawn, the queen, the knight, the rook, and the bishop all have important strategic roles, and each player must assign value to them based upon their positioning on the chess board. Although these pieces are sometimes called “life” pieces, that word is somewhat misleading. They are only a part of your “life”, and their value is determined by how long they remain on the board. Pawns are usually the lowest valued game piece, and their value declines rapidly as other stronger players remove them from the board. The bishop is the highest value of these game pieces, but he is also susceptible to being removed from the board.

If you’ve never played a real life game of chess, or if you’d rather avoid the intricacies of this ancient game, don’t worry. Many computer games use an optimized version of the original game as the basis for their strategy. (The same goes for video games based on books or movies.) The main article related to strategic board games will explain how to play a game of chess using a minimally invasive, yet comprehensive strategy program. You’ll be able to see all of the best moves, learn how to dominate your opponent, and feel like you’re actually playing a real live game!

Breaking News Coverage For Network Affiliates And Other Platforms

Breaking news, often interchangeably termed late breaking news and referred to as a special dispatch or special report or news piece, is usually a current event that air on various television networks or news channels that requires the immediate suspension of regular programming in order to present it. It can be any major story which has been breaking for quite some time. These types of reports can be world affairs, political, technological, financial, environmental, health, science, sports, and entertainment-it goes on. Although some may still find it hard to believe, breaking news does have its benefits. It keeps the people informed.

breaking news

In one sense, a breaking news segment is a live broadcast of whatever activity is taking place within the world, including local events, major political, technological, financial, and environmental concerns, among others. The medium for transmission of this kind of content is the news channel, usually aired live or via internet streaming. Broadcasting from different media entities such as television stations and radio stations is also sometimes done. It is often presented in tandem with the regular schedule of the station’s programming. Other times, they may appear alone.

In another sense, a breaking news feature is also a report which is meant to be viewed and responded to immediately. The purpose behind this is to offer the audience an up-to-date account of whatever is taking place as of the moment. For example, health care coverage may choose to present a special report on the latest developments in health care, or a piece on new laws pertaining to abortion or same-sex marriage may be broadcasted as a breaking news special report in order to draw in as many viewers as possible and to generate controversy. As much as the coverage is intended to inform, it is also meant to entertain.

Breaking news stories are oftentimes featured in a regular news bulletin. This form of breaking is sometimes used as a lead item in the nightly news. In this manner, a breaking feature may appear at the very end of the evening news in order for the viewer to read up on the most recent developments before going to the next program. In order for the segment to be considered as such, it must fit well with the rest of the broadcast.

Sometimes a breaking feature is showcased on a station’s local cable television station. In this instance, the segment will focus on whatever is happening at that particular time and place and the network affiliates will air it during their news broadcasts. It is even sometimes utilized by various cable news channels as their lead item in their late night and weekend programs. When a particular news event occurs which is of import to a region, a station may choose to showcase the story and commentary either on their local evening news show or on their weekend news program.

Most television stations, regardless of whether they have a local television station or they are owned by larger corporations, will have a dedicated news team that is involved in breaking news coverage. This team is made up of reporters and producers that work together to deliver the most comprehensive coverage that is possible. Reporters will analyze the information that is gathered and will make sure that it is reported accurately and as accurately as possible. The producers will then assist in editing the reports for timeliness and clarity and will ensure that the final product is something that the viewers will find to be of use.

Bitcoin historical price charts – BTC price history

Bitcoin is a decentralized peer-to-peer digital currency run by users, without a central body or intermediary. The average price of one bitcoin was recorded as approximately $ 11,118.92 at the end of July 2020. Bitcoin prices may vary as they are traded on many independent exchanges. However, the Bitcoin price index offers an average price on the world’s leading stock exchanges. Bitcoin emerged during the global economic crisis of 2008 when big banks were caught abusing borrowers ’money, manipulating the system and charging exorbitant fees. To secure owners ’money, bitcoin creators wanted to put bitcoin owners at the forefront of transactions, eliminate intermediaries, reduce high interest rates and transaction fees, and make transactions transparent. They created a distributed network system, where people could control their resources in a transparent way. Bitcoin gained popularity and grew rapidly in a relatively short period of time. Many companies, hospitals and large hotel companies around the world deal with bitcoins. Some multibillion-dollar corporations, such as Dell, PayPal, Microsoft, Expedia, etc., also deal in bitcoins. Today, websites also promote bitcoin, magazines publish news about bitcoins, and cryptocurrencies and bitcoin trading are also discussed on forums. However, there are some bitcoin-related issues, such as hackers breaking into accounts, high bitcoin volatility, and long transaction delays. Nevertheless, bitcoin is considered reliable, especially in third world countries, as a channel for monetary transactions. Bitcoin gained popularity and grew rapidly in a relatively short period of time. Many companies, hospitals and large hotel companies around the world deal with bitcoins. Some multibillion-dollar corporations, such as Dell, PayPal, Microsoft, Expedia, etc., also deal in bitcoins. Today, websites also promote bitcoin, magazines publish news about bitcoins, and cryptocurrencies and bitcoin trading are also discussed on forums. However, there are some bitcoin-related issues, such as hackers breaking into accounts, high bitcoin volatility, and long transaction delays. Nevertheless, bitcoin is considered reliable, especially in third world countries, as a channel for monetary transactions. Bitcoin gained popularity and grew rapidly in a relatively short period of time. Many companies, hospitals and large hotel companies around the world deal with bitcoins. Some multibillion-dollar corporations, such as Dell, PayPal, Microsoft, Expedia, etc., also deal in bitcoins. Today, websites also promote bitcoin, magazines publish news about bitcoins, and cryptocurrencies and bitcoin trading are also discussed on forums. However, there are some bitcoin-related issues, such as hackers breaking into accounts, high bitcoin volatility, and long transaction delays. Nevertheless, bitcoin is considered reliable, especially in third world countries, as a channel for monetary transactions. Some multibillion-dollar corporations, such as Dell, PayPal, Microsoft, Expedia, etc., also deal in bitcoins. Today, websites also promote bitcoin, magazines publish news about bitcoins, and cryptocurrencies and bitcoin trading are also discussed on forums. However, there are some bitcoin-related issues, such as hackers breaking into accounts, high bitcoin volatility, and long transaction delays. Nevertheless, bitcoin is considered reliable, especially in third world countries, as a channel for monetary transactions. Some multibillion-dollar corporations, such as Dell, PayPal, Microsoft, Expedia, etc., also deal in bitcoins. Today, websites also promote bitcoin, magazines publish news about bitcoins, and cryptocurrencies and bitcoin trading are also discussed on forums. However, there are some bitcoin-related issues, such as hackers breaking into accounts, high bitcoin volatility, and long transaction delays. Nevertheless, bitcoin is considered reliable, especially in third world countries, as a channel for monetary transactions. like hackers breaking into accounts, high bitcoin volatility, and long transaction delays. Nevertheless, bitcoin is considered reliable, especially in third world countries, as a channel for monetary transactions. like hackers breaking into accounts, high bitcoin volatility, and long transaction delays. Nevertheless, bitcoin is considered reliable, especially in third world countries, as a channel for monetary transactions.

Coronavirus pandemic:

When the coronavirus crisis disrupted global economic activity after the introduction of locks, traders moved from riskier assets to safer ones like bitcoin. In mid-March, the US Federal Reserve cut its interest rates to almost zero and launched a $ 700 billion QE program to combat the market chaos caused by the coronavirus crisis. That fluctuated in the stock market, as Dow futures fell 1,000 points, and made cryptocurrencies more attractive, pushing bitcoin prices upward.

US dollar prices:

The relationship between bitcoin and the US dollar is negative, which means that whenever the US dollar is strong as a whole, bitcoin prices come under pressure and vice versa. The recent fall in USD prices due to loose monetary policy, interest rate cuts and the US economic crisis has supported BTC / USD prices. US dollar prices were also affected by the delay in the US Congress in announcing the US stimulus package, which has recently kept bitcoin prices under pressure.

User adoption:

The value of bitcoin largely depends on the adoption of the asset by the user. Cryptocurrencies are becoming more popular day by day, and this raises the price of bitcoin, as it is the most popular cryptocurrency. However, when demand for the currency falls, it results in lower prices. Currently, most users are switching to bitcoin as a currency. Otherwise, it is also used as an excellent currency for online trading. The use of bitcoin as a medium for online transactions has increased recently, and the opportunities offered by its ease of use could lead to higher prices in the coming years.

Media influence:

The media is the most important source of information today, and the prices of bitcoin and other cryptocurrencies are also affected by its impact. Greater media coverage means a better understanding of the crypto market and bitcoin by the general public. If the media presents a positive image of bitcoin, this will generally lead to higher prices of the BTC / USD pair, while negative media coverage could have the opposite effect on bitcoin prices.

Political events:

Unlike central bank currencies, cryptocurrencies have the opposite relationship to political events. The lack of confidence in the country’s economy tends to undermine the local currency, while people in such a situation gain more confidence in cryptocurrencies, as a substitute for traditional currencies. Bitcoin is an iconic leader in the cryptocurrency market, so bitcoin prices tend to rise first whenever there is any political disruption, before it affects other currencies in the market. A recent example could be the prevailing trade war between the United States and China, which pushed bitcoin prices.

Government regulatory changes:

Bitcoin and other cryptocurrencies are heavily influenced by government decisions. As these currencies are still considered a new concept in the market, governments are constantly changing the regulations regarding the taxation of investors in cryptocurrencies. On one occasion, the world’s largest crypto market, China, decided in late 2017 to close several trading platforms, and this caused a dramatic drop in bitcoin prices, resulting in a $ 100 billion drop in the cryptocurrency market in one day. Thus, government regulations have a dramatic impact on the prices of bitcoin and other cryptocurrencies.

Zilliqa – in-depth review of cryptocurrencies

As innovative and ingenious as most cryptocurrencies may be, there is still one of the main challenges that most of them are trying to overcome, and that is scalability. This is a problem that currently affects the most complex and large crypto platforms.

Scalability can be defined as the ability of a network to process transactions in a predefined (or shorter) period. The two most obvious examples are Bitcoin and Ethereum. In the case of Bitcoin, the enormous number of transactions that need to be processed has increased so much that the network has simply reached its limits. Therefore, Bitcoin has one of the slowest and most expensive transaction rates in any crypto project.

Although the case of Ethereum is a little different, the results are almost the same, and the problem becomes more than obvious when the whole ecosystem stopped for almost a week when the CryptoKitties madness began in late December 2017. In short, the problem arises that network growth makes it harder to reach consensus.

However, there is one crypto platform that is designed from the ground up to take this problem into account and actually solve it in a very ingenious way. This project is named Zilliqa (ZIL).

What is Zilliqa?

an ambitious, modern-day cryptocurrency project that relies on sharpness, as well as technology that allows its blockchain to change linearly, unlimitedly, and efficiently as the ecosystem grows in size. In theory, Zilliqa has no limit on the number of transactions it can process per second.

What is probably most striking about Zilliq is the fact that it manages to process tens of thousands of transactions per second (just like all traditional digital payment solutions), while still being able to run smart contracts on a tight network.

How does Zilliqa actually solve the problem of scalability?

To improve scalability, most blockchain projects increase block size. This allows multiple transactions to be confirmed in each consensus round. Another solution is to move blockchain data. These measures, however effective in the short term, cannot solve the problem of scalability.

Zilliq’s solution, on the other hand, solves the scalability problem by allowing a redesign of the entire blockchain architecture. This means that network size and network speed are not directly or inversely related.

Sharing Zilliqe, DS Epoch and DS Board

An easy way to think about it is that Zilliq’s blockchain is rearranging its architecture from scratch. The platform uses a hybrid consensus protocol that increases the flow from every additional 600 nodes.

Therefore, one of Zilliq’s distinguishing features is the fact that it is linearly scalable, which means that as the number of nodes in the network increases, the flow increases at an almost linear rate.

Zilliqa also uses a unique feature based on the concept of sharpness. Sharpening can be defined as the process by which a network is divided into smaller consensus groups called debris. Each debris can process transactions in parallel, allowing them to ultimately process multiple transactions. Just to have an idea of ​​how effective this technology is, in the early days of its Testnet, Zilliqa recorded a flow 250 times higher than that in Ethereum.

Each debris creates a microblock with all the transactions it processes. Zilliq’s team called the end of the parallel processing period the DS Epoch. DS Epoch means that microblocks are combined into a complete block, which is added to the blockchain at the same time.

Another concept worth discussing is the DS concept. According to the Zilliq team, DS Epoch has a DS board. The DS board is a small group of randomly selected nodes that manage all other debris – it basically decides which transactions will be assigned to which debris.

Zilliq’s consensus mechanism

One of the most important features of Zilliqa is the consensus mechanism. It uses a Proof-of-Work mechanism that focuses only on establishing mining identities. Most interestingly, Zilliqa does not rely on the traditional consensus protocol. Instead, it uses the Byzantine Error Tolerance Consensus Protocol (pBFT) to enable more efficient management of storage requirements. To simplify the concept as much as possible, this consensus protocol makes it so that the entire transaction history does not have to be saved to the blockchain, resulting in more efficient management and storage requirements.

Zilliq’s custom programming language

The fact that Zilliqa has also created its own custom programming language should come as no surprise, especially considering how innovative the platform is. The agreed programming language called Scilla has the ability to separate the state and function of smart contracts, making functional programming more secure and standardized.

The disadvantage of this particular programming language is the fact that it is not Turing’s complete. Therefore, it cannot be used to create applications, especially applications that require conditional statements and various types of loops.

ZIL token

As might be expected, Zilliqa also has its own token, the so-called . The ZIL token has the same purpose as most tokens: it is used to encourage mining, as a means of paying transaction fees, and it can also be used as a gas to execute contracts. ZIL is an ERC-20 token, still running on the Ethereum blockchain.

ZIL can be bought, sold and traded on a large number of exchanges such as  , Upbit, Bithumb, KuCoin and Huobi.pro. Of course, after starting Zilliqa’s main network, the token will be exchanged for Zilliqa’s parent tokens.

Testnet i Mainnet

Zilliqa recently launched its Testnet 2.0 and has made a number of improvements. The team worked to improve infrastructure stability and offer better support for smart contracts. In addition, users can now benefit from a Scylla wallet that will allow them to place their own smart contracts on their own test network.

Testnet v2.0 – Code Name: D24 is here. You can read a detailed description on our blog here

– Zilliqa (@zilliqa)

Although the launch of Mainnet was scheduled for the second and then the third quarter of 2018, the team postponed the launch to ensure delivery of the high-quality product. The team is currently working hard to launch Mainnet which will take place at the end of the year or in January 2019.

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