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BTCPay Dukung Privasi Para Pengguna Dengan Integrasi P2EP

Saat ini privasi memang menjadi salah satu isu utama dalam transaksi cryptocurrency. Besarnya biaya investasi yang harus dikeluarkan untuk membeli satu Bitcoin, misalnya, menjadi alasan utama mengapa para investor bersedia untuk membayar mahal demi memperoleh perlindungan bagi data mereka. Inilah yang membuat banyak penyedia layanan Bitcoin yang mulai menggunakan teknologi blockchain untuk mendukung bisnis mereka. […]

The post BTCPay Dukung Privasi Para Pengguna Dengan Integrasi P2EP appeared first on Kanalcoin.

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BTCPay integrasi P2EP

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Saat ini privasi memang menjadi salah satu isu utama dalam transaksi cryptocurrency. Besarnya biaya investasi yang harus dikeluarkan untuk membeli satu Bitcoin, misalnya, menjadi alasan utama mengapa para investor bersedia untuk membayar mahal demi memperoleh perlindungan bagi data mereka.

Inilah yang membuat banyak penyedia layanan Bitcoin yang mulai menggunakan teknologi blockchain untuk mendukung bisnis mereka. Beberapa sifat blockchain yang transparan dan tidak mudah disusupi hacker menjadi alasan utama mengapa mereka beralih menggunakan teknologi tersebut. Hal ini seolah menjadi bukti eratnya hubungan blockchain dan teknologi cryptocurrency.

Salah satu bentuk dari pengaplikasian teknologi blockchain tersebut adalah sistem Pay to Endpoint, atau yang sering disingkat P2EP. Sistem ini mulai dilirik oleh sejumlah pemain dalam industri cryptocurrency, termasuk yang terbaru BTCPay Server.

Sekilas tentang BTCPay

BTCPay merupakan salah satu solusi pembayaran untuk transaksi menggunakan cryptocurrency, khususnya Bitcoin. BTCPay sendiri dibangun berdasarkan konsep open source, yaitu siapapun dapat menggunakan layanan tersebut tanpa harus membayar kepada pihak pengembang maupun pihak ketiga manapun.

Satu hal yang menjadi unggulan BTCPay adalah kemampuannya untuk langsung menghubungkan antara pembeli dan penjual, sehingga tidak lagi memerlukan campur tangan dari pihak ketiga dalam melakukan pembayaran. Tentu hal ini menjadi angin segar bagi para pengguna Bitcoin, terutama karena dengan adanya teknologi ini, mereka tidak perlu lagi mengkhawatirkan perihal keamanan data pribadi serta transaksi mereka.

Setiap transaksi Bitcoin yang dilakukan melalui sistem BTCPay akan berlangsung antara penjuan dan pembeli, dimana uang digital yang digunakan pun akan langsung diambil dari dompet pembeli dan dikirim ke dompet pengguna tanpa ada perantara sama sekali. Hal ini tentu menjamin kerahasiaan dan keamanan data para pengguna karena tidak ada pihak lain yang terlibat dalam transaksi tersebut.

Kolaborasi dengan Blockstream

Rupanya BTCPay belum cukup puas dengan sistem open source yang dimilikinya. Meskipun sistem itu sendiri merupakan jaminan tersendiri bagi kerahasiaan dan keamanan data para pengguna, nyatanya BTCPay merasa masih perlu untuk mengadopsi teknologi P2EP.

Oleh karena itu, mereka pun memutuskan untuk berkolaborasi dengan Blockstream, salah satu penyedia layanan P2EP asal Kanada. Dengan teknologi tersebut, BTCPay kini mampu mengintegrasikan beberapa metode pembayaran Bitcoin sekaligus sehingga kerahasiaan data para pengguna pun bisa semakin terlindungi.

Mengingat pentingnya keamanan dan kerahasiaan data pengguna, banyak yang memprediksi bahwa nantinya akan semakin banyak perusahaan yang mengadopsi teknologi ini, terutama para penyedia layanan metode pembayaran Bitcoin. Samson Mow, CSO Blockstream, bahkan meyakini bahwa teknologi yang mereka miliki nantinya akan mampu menjadi standar tersendiri dalam industri transaksi Bitcoin di seluruh dunia.

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Source: https://www.kanalcoin.com/btcpay-integrasi-p2ep/

Blockchain

Bitcoin dominance is an irrelevant metric unless…

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The volatile cryptocurrency market has given way to multiple metrics for the market observers to analyze and predict what’s coming next. One such metric has been Bitcoin dominance, but as per Su Zhu, it should not be relevant to you unless you are a billionaire.

How so?

The CEO of Three Arrows Capital opined this after noticing the trend of the newcomers avoiding Bitcoin and Ethereum and opting for risky crypto tokens. When the largest digital asset was stuck in a wider correction period, altcoins like Dogecoin [DOGE] grabbed much attention. This was possible due to the hype created by Tesla CEO or, self-proclaimed “doge-father,” Elon Musk and the Doge community.

However, understanding the newcomers’ enthusiasm Zhu opined that if he were to bet on projects now, he would choose Solana and Avalanche.

Despite the popularity of altcoins, the exec remained bullish on Bitcoin and Ethereum as he expected, the former to flip gold’s market cap, and the latter to eventually hit a value above $25,000. Bold predictions, but nothing we haven’t heard before.

However, newcomers were more bothered about the dominance metric but as data suggested, Bitcoin dominance has recently been falling. The dominance was hit earlier but recovered to form a peak at 49.25% on 30th July. But given the correction phase that followed, the dominance of BTC fell and was last noted to be at 40% on 10th September.

It is interesting to note that despite plenty of adoption related news such as that of El Salvador, coming in over the past few weeks, it looks like the dominance has remained unaffected by it.

Source: CoinMarketCap

Twitter user and crypto enthusiast, @HsakaTrades also noted that Bitcoin dominance was not a relevant metric for anyone who has a “sub mid 9fig portfolio]. Agreeing with Hasaka, Zhu added,

“To clarify, if you’re holding for 5+ yrs, you shouldn’t be thinking about btc dominance in the first place. And obv btc and eth have a strong place in that portfolio.

If you’re allocating actively atm, and think debating btc v eth v alts is a good framework, you’re ngmi.”

While this advice could stand true for experiences, long-term trader interested in making money, but not the ones looking out to invest in tech. This was especially highlighted in the comments wherein the crypto users were upset about the CEO’s Solana [SOL] recommendation that recently witnessed an outage.

Nevertheless, the trading advice and strategies differd from trader to trader and Zhu’s opinion to not focus on the BTC dominance, prebably stemmed from a hodlers perspective. While interesting projects were now erupting in the crypto space, it looks like Bitcoin’s dominance, not only in terms of price, but as a crypto project could be challenge.

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Source: https://ambcrypto.com/bitcoin-dominance-irrelevant-for-anyone-not-10figs

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Millions of Dollars Raised Through Solana’s DeFi Projects

Millions of Dollars Raised Through Solana's DeFi Projects

PAI, an algorithmic stablecoin, backs Parrot Protocol. Grape Protocol was the primary source of the downtime. Solana has been up

The post has appeared first on thenewscrypto.com

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  • PAI, an algorithmic stablecoin, backs Parrot Protocol.
  • Grape Protocol was the primary source of the downtime.

Solana has been up nearly 3200% since August. Investors’ interest in Ethereum rival systems featuring DeFi, NFT, and smart contract services has risen dramatically.

The software applications that simulate legal contracts are smart contracts. Once housed on a blockchain network, the software application will run automatically without human intervention.

This month, Solana’s DeFi initiatives raised millions of dollars. This is another proof of Solana’s potential to compete with Ethereum. Currently, Ethereum has the most DeFi and NFT projects.

Bots raced to invest in a token sale for Grape Protocol over flooded the blockchain, causing Solana to collapse for 17 hours on Tuesday. Let us take a look at the few IDO that helped raise millions.

Grape Protocol

Grape Protocol, the primary source of the downtime, managed to raise just $600,000 on Raydium’s “Acceleraytor.”

Tokenized communities may use Grape Network to connect to platforms like Discord, Telegram, and soon twitter to collaborate over Solana and reward members with crypto.

Parrot Protocol

Parrot Protocol is based on Solana. Investors in the Initial DEX offering included Sino Global Capital, Alameda Research, and QTUM VC. Moreover, to put it simply, Parrot is a non-custodial lending platform and decentralized exchange.

PAI, an algorithmic stablecoin, backs Parrot. Furthermore, Parrot offered a governance token called PRT in its IDO. Thus, allowing investors to vote on the protocol’s operation and farm yields on Solana without affecting other Layer 1 blockchains.

Solana’s failure impacted Parrot’s IDO, but it was resolved by Sept. 16. Moreover, the team said it would start working on PRT staking, NFTs, and adjustable interest rates in “Letter from the Parrot.”

Several Solana initiatives will be launched in the next day’s/weeks. Examples include Solanium, Boca Chica, and Solstarter. On Solanium, whitelisted users may buy MatrixETF.

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Source: https://thenewscrypto.com/millions-of-dollars-raised-through-solanas-defi-projects/

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Cosmos (ATOM) Lead Market-Wide Rally

Cosmos (ATOM) Lead Market-Wide Rally

Cosmos’ creators call it an “internet of blockchains.” ATOM also launched a bridge to Ethereum at the end of August.

The post has appeared first on thenewscrypto.com

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  • Cosmos’ creators call it an “internet of blockchains.”
  • ATOM also launched a bridge to Ethereum at the end of August.

Cosmos (ATOM) blew up 10.74 percent overnight to establish a new price of $39.58, according to CoinMarketCap. It surpassed $40 yesterday, reaching $40.76. Despite today’s minor decline, Cosmos’ price was still ten dollars more than seven days ago, and twenty dollars higher than this time last month.

Its creators call it an “internet of blockchains.” It’s an interoperability network that allows various blockchains to connect, exchange data, and interact with one another.

In short, Cosmos claims to address some of the “hardest problems” in the blockchain sector. It seeks to provide an alternative to “slow, costly, unscalable, and ecologically harmful” proof-of-work protocols like Bitcoin by connecting blockchains. On August 18, Cosmos rose 25% from $15 to $20 after the introduction of Emeris, a cross-chain DeFi interface.

It also launched a bridge to Ethereum at the end of August. The inter-blockchain communication protocol (IBC) allowed trade across the Cosmos and Ethereum networks for the first time, along with the integration of Sifchain.

Cosmos Might Soon Over Take FTX Token

Cosmos is “Blockchain 3.0” — thus, as previously said, ease of usage is a significant objective. To this aim, the Cosmos SDK emphasizes modularity. This enables a network to be created quickly using existing code. Long term, it is anticipated that sophisticated applications would be simple to build.

Cosmos now has the twenty-first largest market value, but at this pace, it would only take $0.8 billion to flip FTX Token and make a bold entry into the top twenty.

Some in the crypto sector, much worried about the amount of fragmentation in blockchain networks. There are hundreds, yet few can converse. Cosmos wants to change this by making it feasible.

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Source: https://thenewscrypto.com/cosmos-atom-lead-market-wide-rally/

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