Blockchain
TRON Gets Into Yield Farming With TronFi Leading The Charge
TRON gets into yield farming with many copycats of the Yam.Finance platform after one year of sharing the image during the 2019 Conesnsys conference so let’s read more in our TRON TRX news. Tron gets into DeFi as Justin Sun, the founder of the cryptocurrency shared his idea a year ago. The pivot into decentralized […]

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TRON gets into yield farming with many copycats of the Yam.Finance platform after one year of sharing the image during the 2019 Conesnsys conference so let’s read more in our TRON TRX news.
Tron gets into DeFi as Justin Sun, the founder of the cryptocurrency shared his idea a year ago. The pivot into decentralized finance which has taken the crypto industry by storm in the past few months started with the launch of JustSwap , the decentralized exchange that utilizes the automated market maker concept which got extremely popular thanks to Uniswap.

The builders in the Tron ecosystem are following up on the success so far with the new DeFi protocols that feature yield farming schemes. The interesting thing is that they do resemble Ethereum’s protocols such as yam.Finance. Tron is getting Defi protocols that resemble Yam.finance once JustSwap was launched with a firm “TronFi” leading. Pearl.finance, Carrot.finance, and Salmon.finance have been launched so far and all of these feature liquidity mining incentives that entice investors to deposit USDT, TRX, and other tokens into the protocols in order to be able to mint a governance token.
It’s still not clear how much traction Tron’s DeFi protocols are gaining but there are growth opportunities for the blockchain in the short-term because of the high ethereum fees. The users pay up to $60 to trade on Uniswap and even more to complete complex transactions as retail investors are looking to participate in yield farming that will opt to use TRON and to test it. The launch of the DeFi ecosystem had a positive effect on the price of TRX. The coin increased by 14.24 percent over the past day and 80 percent in the past week alone. This makes the asset the best performing one in the top 20.
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While Tron’s yield farming setups now are inspired by Ethereum’s Yam.Finance, SushiSwap and other projects are getting inside of this branch of Defi. Michael “BoxMining” Gu posted an image of himself downloading the TRX application for the Ledger Nano S. others in the community noted that they are getting into the Defi ecosystem as well. There were some negative reactions as well by those who believe that Tron is ripping off some of the ETH applications.
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Blockchain
Bitcoin Halving: Definitive Guide (In Just 5 Minutes)
Bitcoin halving is often referred to as “Halvening”, it’s a formulated reduction in the reward coins offered to the miners using a predefined blockchain algorithm.
Bitcoin halvings take place once in every four – 4 years approximately, or for every 210,000 block transactions.
The process of halvening started in the year 2012, approximately after 4 years of the invention of bitcoin i.e 2008, but practically bitcoins came into play in the year 2009.
After the first bitcoin halving, the block reward of 50 bitcoins per transaction were reduced to 25 bitcoins per block or transaction, later this reward was further reduced to 12.5 and it has now fallen to 6.25 after halvening in 2020.
The main idea of halvening is to create scarcity for the coins and to control inflation, as bitcoins issuance is limited to 21 million coins as per the idea of Satoshi Nakamoto, inventor of Bitcoin.
The production of 21 million bitcoins involves 32 halvenings, we are now done with two halvenings and this might continue till or come to an end in the year 2140.
Investors from all over the world are excited and waiting for the Bitcoin price to increase, and the demand for bitcoins in the online gambling industry is high. Bitcoins are widely accepted at Bitcoin Casinos as they collect deposits in the form of cryptocurrency from their players.
To know the overview of Bitcoin Halving (Just in minutes), check out the following infographic developed by Abishai James at WinBTC.net in partnership with ACMarket.

Blockchain
Santiment Reveals Top 10 Ethereum Projects by Developer Activity


Despite record highs for network charges in February, development on some of the industry’s leading Ethereum based projects has continued unabated.
The research stated that development activity is an often-underrated indicator of project success. It demonstrates the ongoing commitment to creating a working product, continuously polishing and upgrading its features, and staying true to the long-term roadmap.
The research focused solely on pure ERC-20 projects that are currently committed to developing on Ethereum. It has used 30-day Github activity to track development status and action.
We’ve just released our top 10 highest developing #Ethereum-based project countdown for the month of February! Read what the fastest moving projects using $ETH tech. are working on:
1) $GNO @gnosisPM
2) $SNT @ethstatus
3) $MANA @decentraland
4) $UMA @UMAprotocol👇 (Cont’d) pic.twitter.com/ZGWkrgzHpH
— Santiment (@santimentfeed) March 3, 2021
The Ethereum Project Top Ten
At the top of the list for developer activity in February is the decentralized prediction market platform Gnosis. Despite a 28% slide in GNO token prices for the second half of the month, the Gnosis team has been busy working on the product.
Gnosis launched on the xDai Ethereum sidechain, joined the Open DeFi alliance, and launched a new collaborative grants initiative for Gnosis Safe Apps last month.
Status was the second most developed Ethereum based project with a number of updates for the open source mobile dApp browser and messenger. SNT prices hit a three-year high of $0.125 in February.
Virtual metaverse and NFT protocol Decentraland was third in the list of developer activity with a number of features introduced to improve user experiences.
DeFi synthetic asset protocol UMA came in fourth with two main focuses for the month; getting some major protocols out the door, and there was a collaboration with BadgerDAO.
Coming in at number five for developer action was Chainlink which announced the official mainnet launch of Off-Chain Reporting (OCR). This significantly improves the efficiency of how data is computed across Chainlink oracles, reducing operating costs by up to 90%, it added.
“The most immediate benefit to DeFi and its users will be a 10x increase in the amount of real-world data that can be made available to smart contract applications.”
DeFi Dominates
These were the five most developed platforms in the Ethereum ecosystem for February 2021, and they were dominated by DeFi.
Also featuring in the top ten list was Skale Network, a decentralized modular cloud for running Ethereum-based dApps. MakerDAO, which is consistently in the top ten for development, was in seventh place.
Decentralized data exchange protocol Ocean, computing sharing economy Golem, and analytics platform Santiment itself rounded out the top ten.
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Source: https://cryptopotato.com/santiment-reveals-top-10-ethereum-projects-by-developer-activity/
Blockchain
Blockchain in Sports Betting
Wanna enter the Sports betting industry? Are you worried about the transactional data, security and entry charges?
Just relax and lean on to your chair. The amazing features of blockchain technology have reshaped the sports betting industry. It enhances safe and secure transactions as it is an open source decentralized network.
Basically, blockchain offers tremendous features like transparency, fast payouts, speedy transactions, independent in nature, etc. The most effective feature is the player’s account will not be restricted or blocked either personally or professionally due to extreme winnings.
Blockchain is the most prominent technology ruling today’s betting industry. It’s advancement in the sports industry has laid a pavement for its enormous growth in recent times.
To get detailed information, checkout the following Infographic developed by WinBTC.net in Partnership with MrBet.me.uk.

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