The metaverse is seen as the hottest trend in crypto right now. The big…

The post Metaverse and NFT integration: Top 3 coins to consider appeared first on Coin Journal.

What is the future of blockchain and cryptocurrency? That’s one of the most common questions on the minds of many crypto investors or enthusiasts. While many believe Bitcoin will become the world’s reserve currency, others predict privacy coins like Zcash will take over. But there may be another contender who could be one of the biggest blockchain technology breakthroughs. That is Algorand, an innovative platform based on proof-of-stake algorithm and security deposits. A Review of Smart Contracts What is a smart contract, really? It is a computer program that controls financial assets or property and executes exactly as programmed. It’s to digitally facilitate, verify or enforce negotiation or performance of an agreement. So, there is no need for a third party (like a bank). Essentially, the intention is to replace trust in humans with trust in code. But what does that actually mean for you and me in practice? How will smart contracts change everything for blockchain technology? How do we decide which ones are best for our own needs—whatever they may be? Let’s take a closer look at some potential use cases of blockchains when it comes to smart contracts. ​ One of the most useful applications of smart contracts in decentralized file storage. For example, suppose someone wants to store data on IPFS but can only commit small amounts of money at a time due to constraints set by their employer or university. A simple algorithmic script running on the blockchain allows them to store that piece of data on IPFS without actually owning any cryptocurrency while still gaining credit for other contributions made during their workday. In this way, everyone involved gets access to decentralized storage without needing any cryptocurrency​ themself! How does Algorand Work? Algorand is a new blockchain architecture that focuses on solving several problems that exist in existing blockchain models. The primary goal is to achieve security guarantees like those run by classical Byzantine fault-tolerant (BFT) consensus algorithms. However, unlike PBFT and Tendermint, Algorand requires just 16 nodes to agree on every block. Furthermore, it does not rely on third-party services to run its network. This implies that no single party may withhold service, disrupt processes, or manipulate results without majority consent. Simply put, there’s no way for a bad actor to take advantage of their position and tamper with data. Furthermore, each node validates all transactions locally and must decide on each one independently before acting. Even if an attacker temporarily controlled several of Algorand’s sixteen consensus participants, he would have minimal leverage. His ability to perform future transactions would be limited. He wouldn’t have access to information about prior transactions until they were recorded into blocks. Therefore, he would be unable to predict their effect on his reputation score reliably or otherwise corrupt them. The Problem with Bitcoin, Ethereum, and Other Cryptocurrencies The problem with cryptocurrencies is that they don’t scale. For example, Bitcoin currently carries out 7 transactions per second, while Ethereum can only handle 15. This means that you can’t support a truly global economy with either cryptocurrency as a foundation, not even on a regional level. Many other cryptos are attempting to fix scaling problems. However, few have gained enough popularity for their use cases even to matter yet. And if the use of cryptocurrencies isn’t widespread, how will businesses or governments fully use them? Or do we want them to make full use of them? Besides, all of these cryptocurrencies run off some form of blockchain technology. So there must be something better than blockchain technology for us to get true scalability and better usability. The Problems Algorand Identifies From Other Blockchains There are two core problems concomitant with today’s blockchain applications: scalability and security. Scalability is a matter of size related to how many transactions per second an application can handle. On the other hand, security is a big deal for financial institutions and companies who don’t want careless sharing or compromise in sensitive data. Traditionally, having multiple computers confirm every transaction addresses these issues. The idea is to create redundancy by dividing those transactions among several devices rather than one mega computer. Then, if something goes wrong on one device (or gets hacked), others pick up where that device left off. That strategy has some pretty serious limitations, though. First, because everyone needs to process every transaction, scalability remains on a tight leash no matter how many computers you add-in. Another issue is that only one group can process all those transactions. It’s not very private when everyone knows exactly what everyone else is doing. And finally, there’s latency or lag time. As more people join a network, it takes longer for your transaction to appear as part of that network. This is because each computer must first verify everything before adding its approval on top of everything else. That makes … Continued

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A single user made $820K of ApeCoin during an airdrop via flashloan as we are reading further in today’s latest altcoin news. With the anticipation surging around BAYC’s launch of new tokens, a single user recieved more than 60,000 APE Tokens and netted almost $1 million, after paying of the flash loan and the fees […]

Non-fungible Tokens (NFTs) are taking a new shape and are increasingly becoming a part of our lives. These tokens now have real-life use cases aside from just being digital arts that we love. One project that is creating and giving its NFT collection real-life usefulness is the Wealthy Teds Club.  A collection of NFTs with exclusive club access, Wealthy Teds is a 10,200 art collection built on the Ethereum blockchain. This NFT project gives its owners access to information and resources on how they can increase their wealth as a result of being part of a privileged network. For the first time, an NFT project is offering a digital identity card that allows its holders to be part of a community where they will learn how to build and grow their wealth while experiencing things that are reserved for the wealthiest individuals in the world.  These experiences include owning Bored Ape NFTs, owning luxury wristwatches (Patek Philippe and Rolexes), Yacht stays, space travel, private jet flights and gold and silver ingots amongst many other valuable real-life assets and experiences.  Wealthy Teds Tiers There are four different tiers in Wealthy Teds and there are different amounts of Teds allocated to each tier. Holders of Wealthy Teds will be able to participate for prizes in higher categories but this depends on the number of Wealthy Teds NFTs they are holding. The four tiers of Wealthy Teds are: Lazy Teds — In this tier, holders own just 1 Wealthy Ted Chubby Teds — Here, holders can own up to 3 Wealthy Teds Hangry Teds — Owners in this tier can hold up to 5 Wealthy Teds Naughty Teds — This is the last and final category where owners can hold as much as 10 Wealthy Teds.  Benefits of Being a Wealthy Ted  Some of the benefits of being a member of the Wealthy Ted Club are as follows: Private Club Wealthy Teds offers its members an opportunity to be a part of a private club where they will enjoy free access to the community’s exclusive Discord channel. In this channel, valuable information and resources will be shared and members will learn stuff like: Access to crypto whales alerts and strategies worth about $25,000 Credit & Travel hacks  Financial training  Investment opportunities regardless of the size of capital Understanding how to leverage their network into building their net worths AMA Consulting and fiscal engineering Space Trips “To the Moon” is not a phrase Wealthy Teds take lightly and they plan to take their members to the moon, literally. Wealthy Teds have partnered up with a company that operates space trips (this is one of the only companies on the planet that does this) to ensure that two of its members enjoy this unique opportunity each year.  Wealthy Parties Wealthy Teds Club will hold a private event in a secret location for its members twice a year. These events will be held to enable members to network with the entire community and there will be special speakers and guests invited. Industry leaders and experts in the blockchain sector, creators, businessmen and inspiring individuals will be among those invited to influence the Wealthy Teds community into growing their wealth. Digital Assets There will be 5 golden Wealthy Teds within the collection. These Teds amount to an extra $500 in ETH recurrent monthly earnings over years for their owners. A raffle will take place every week for all holders and $1000 in BTC, in ETH, in FTM and a token chosen by the community will be won weekly.  At the end of every year (starting with this year), the Wealthy Teds Club will raffle a Bored Ape amongst the Wealthy Teds community at the Wealthy Teds worldwide conference. Luxury Experiences Depending on Ted Tier, a holder will be able to opt for different ranges of exclusive experiences. These experiences include yacht rentals, luxury trips, private jet trips to choice destinations, gourmet experiences at some of the world’s most luxurious restaurants, VIP access in exclusive events like F1 or MotoGP, stays in luxurious hotels and many more. Whitelist for Wealthy Teds NFT The opportunity to get into the whitelist for Wealthy Teds is open until April 17 and the Whitelist Sale will be on 30th April while Public Sale on 4th May. You can fill out the whitelist form on the website to get whitelisted. There are only 1,000 slots available for whitelisting.  Note: Whitelist mint pricing 0.6 ETH and Public Sale price is 0.75 ETH Road Map Q2 2022  Wealthy Teds first Collection launch Q3 2022 Honey pot — Long-term holders (holders for 30 days or more) will have access to a free drop of a new NFT collection of honey pot that can be burned with the first collection. Newcomers to the project will be able … Continued

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With governments in Russia and Canada sanctioning specific crypto addresses, concerns arise over the slow erosion of Bitcoin's fungibility.

The post Sanctions, censorship, and ESG: Is Bitcoin still fungible? appeared first on Protos.

Cryptocurrency markets got hit hard in January 2022, appearing to some to be at the beginning of a bear market. Downmarket or not, the Cosmos ecosystem and its $ATOM token…

The post What’s Happening in the Cosmos Ecosystem? An Early 2022 Review appeared first on CoinCentral.

March 16, 2022       /       Unchained Daily       /       Laura Shin Join My Private Discord By Purchasing an NFT! I recently launched a private[...]

The post THORChain Is Hammering the Rest of the Market appeared first on Unchained Podcast.

Tesla CEO Elon Musk is revealing plans to continue holding on to the cryptocurrencies he owns as inflation in the US reaches a four-decade high. Musk says in a tweet that Tesla and SpaceX are feeling the effects of high inflation just like other corporations and households as the cost of living and doing business […]

The post Elon Musk Says He Won’t Sell Bitcoin (BTC) and Two Other Crypto Assets Amid Rising Inflation appeared first on The Daily Hodl.

The intersection of digital/cryptocurrency and retirement savings is clear: less than 42% of people between ages 18-29 have retirement savings, owning cryptocurrency and the residual income it creates can be an excellent way to fill in that gap, and Filecoin (FIL), Molecular Future (MOF), and Bitcoin (BTC) are household names. Even so, the fact remains that many Americans are uncertain about digital/cryptocurrency and how it can help them. That lack of knowledge can keep them from financial growth opportunities that may benefit them down the road. What is needed is education that shows people how blockchains could lead to the residual income they need to diversify their finances.

The online marketplace, with all its confusing terms and evolving technology, can be made simpler, as shown by Rodney Burton, founder of the Bitcoin Rodney brand. His company supplies educational guides, community webinars, and personal mentorship, all of which are helping the everyday citizen to have access to the same residual income opportunities enjoyed by other purchasers of digital/cryptocurrency. With services like these, those who have limited knowledge of crypto finances but who want to make smart financial choices and earn residual income can achieve their goals. 

There are plenty of people who stay out of the cryptocurrency market because of the fear of risk or financial illiteracy. To help the public to have more confidence in the digital currency space, we must have accessible education materials. Bitcoin Rodney is one such provider and has a free bitcoin educational guide. It hits crypto terminology, history, and procedures for setting up residual income streams. What might the retirement outlook for Americans look like if they have access to materials such as these so that they can understand digital currency and feel more confident about receiving residual income from cryptocurrency for themselves? 

The types of topics provided to those new to cryptocurrency should be practical. Examples can be found on Bitcoin Rodney's website, including “What Is Bitcoin?” and “How to Buy and Sell Bitcoin,” along with several interviews with self-made successes in the financial space. As seen on the website, interactive webinars are also able to teach people how to navigate the cryptocurrency space. Without the proper education, it is very possible to lose 100% of everything you put in the market. So, proceed with caution and make sure you have the proper platform, education, directions, and instructions. Learning by example can be a powerful way for individuals to understand digital currency and residual income, as seen by Bitcoin Rodney's success and past performance on multiple platforms.

Those interested in using cryptocurrency to diversify their income should have equally diverse opportunities, as modeled by Bitcoin Rodney, and for more ways to get started, be sure to contact him. The company's expertise in identifying profitable crypto-based financial options provides clients with platforms to choose from so that they can decide what will be most suitable for their lifestyle and growth goals. This is the kind of help the public needs: practical assistance in minimizing the risk of real-time crypto residual income streams. 

Personal mentorship can also be beneficial, as anyone new to cryptocurrency can learn from those who are more experienced. Consider Bitcoin Rodney, which offers personal sessions with the company's founder, who turned $1,000 in Bitcoin into incredible profits and has helped over 41 millionaires establish their wealth. The ability to ask questions, set up cryptocurrency strategies, and map out residual income goals with an experienced professional can help people to better understand how to plan their future, so Bitcoin Rodney has the right approach.

While the above can make more people educated about cryptocurrency, let's take it one step further and bring in the professionals from all sides of the industry. Why not listen to their wisdom? As modeled through Bitcoin Rodney's Cryptocurrency Community, instructional videos from professionals can deepen a person's knowledge of residual income streams and cryptocurrency and really seal the deal. And, it is a fact that cryptocurrency creates over eight-hundred millionaires a day.

Lives can be transformed through cryptocurrency education and residual income opportunities. As demonstrated by Bitcoin Rodney, by providing tailored guides, community webinars, and mentorship opportunities, the public can have access to financial growth options that are easily understood and implemented. The type of knowledge that can change lives should be accessible to everyone. We have only scratched the surface in the crypto space, and the possibilities are limitless when it comes to financial growth on the blockchain if we empower our society to understand them.

Bitcoin Rodney

Business Contact: [email protected]

Bitcoin Rodney is no stranger to the online marketplace. After he turned $1,000 in bitcoin into a massive profits, the Bitcoin Rodney brand was born. Through educational guides, community webinars, and personal mentorship, Bitcoin Rodney has already helped establish more than 41 millionaires in their personal wealth. He is passionate about helping other people use cryptocurrency to achieve the financial goals they have for themselves.

A darknet dealer who sold drugs for crypto will forfeit $2.3 million in Bitcoin, and just got sentenced to 8 years in prison after selling drugs for crypto on the dark web so let’s read more in today’s latest Bitcoin news. Binh Thanh Le of Brockton Massachusetts was sentenced to 8 years in prison and […]

CarNow, the automotive industry's leading digital retailing company, today announced a partnership with Cion Digital providing customers a way to purchase and finance vehicles using cryptocurrency via an integration with CarNow's Real-Time Retail™ platform.

Cion Digital's ready-to-deploy modular payments and lending platform provides companies with access to all the connectivity, infrastructure and support needed to rapidly deploy blockchain-based real-time payment and lending solutions, and to incorporate digital assets into existing traditional and legacy payment and financing systems.

This capability will be made available to CarNow's entire network of nearly 5,000 dealers and will include a first-of-a-kind crypto lending marketplace that will let car buyers use their crypto as collateral for loans at highly competitive rates.

Commenting on the partnership, Tim Cox, Co-founder and Chief Evangelist of CarNow said, "This partnership further demonstrates our commitment to providing our dealers and their clients with the most inclusive, dealer-friendly payment options. Now our dealers can better connect with a new kind of buyer who is looking to leverage next generation cryptocurrency payment options and create a more frictionless car buying journey. We're thrilled to be embarking on this alliance together as we look to transform the car-buying experience.”

Cion's Auto Dealership Cryptocurrency integration gives car buyers shopping at a dealership using CarNow flexible payment and lending options. Car buyers can choose to place a deposit on a vehicle with cryptocurrency, make a down payment, or pay for the vehicle in full. The platform allows for full payment in cryptocurrency, as well as options to combine both crypto and fiat currencies in the same transaction. Car buyers can also use cryptocurrency as collateral to qualify for a low-interest loan with one of several lenders in Cion Digital's lending marketplace - almost always at significantly better rates than traditional financing. Once a car buyer chooses how they want to pay, the order is ported from the CarNow platform to Cion Digital. The integration enables buyers to progress through identity verification (KYC) quickly and seamlessly and proceed to payment. 

Transactions are confirmed on the blockchain and transferred in compliance with AML and KYC regulations directly to the custodian in either crypto or fiat (as requested by the dealer) in just a few seconds. Dealers can then choose when they want to transfer settled funds via ACH into their bank account.

“Cion is excited to officially partner with CarNow to offer their dealer partners the ability for buyers to pay for vehicles in cryptocurrency or to use their cryptocurrency as collateral for what is often a lower cost loan,” said Fred Brothers, President and Co-founder of Cion Digital. “With more than half of Millennials now owning crypto, CarNow is increasing dealer capabilities for this fast-growing market of buyers who want more financing and purchasing options at the dealership.”

At rollout, buyers can select from the top 20 coins including Bitcoin, Ethereum, Cardano, Tether, Litecoin, USDC, Polkadot and Dash. Future platform enhancements will include the ability to split the purchase price among multiple coins. 

Dealers interested in learning more about this partnership can visit CarNow at Booth #1771W at NADA 2022 for a demo or visit https://www.ciondigital.com/auto.

About CarNow

CarNow is a market leader in digital retailing solutions for the automotive industry. CarNow creates frictionless, real-time enterprise software solutions to facilitate the transaction between dealers and consumers. Through our solutions, shoppers receive enhanced virtual showroom services, live support at anytime, from anywhere, on any device. With over 5,000 dealership customers and over twenty manufacturer certifications, CarNow is one of the fastest growing companies in automotive. CarNow is headquartered in Atlanta, Georgia. Learn more at https://carnow.com

CarNow Media Contact

Lou Laste

678-492-2737

[email protected]

About Cion Digital

Cion Digital's proprietary Blockchain Orchestration Platform allows institutions to build innovative finance solutions quickly, and to seamlessly connect their legacy systems with the complex and ever-changing world of decentralized finance. 

Our Blockchain Orchestration Platform enables auto dealers and other big-ticket retailers to accept cryptocurrency transactions. We've built the ultimate crypto dealership platform to provide car payment and lending solutions unmatched in the industry. For more information visit us athttps://www.ciondigital.com/auto

Connect with us: Twitter | LinkedIn

Cion Digital Contact

Katie Robinson

[email protected]

Cryptocurrency is being used both to fund Ukraine’s defense and prevent Russia’s ability to skirt sanctions in what may become a pivotal moment for the industry.