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NEXO Token Explained | 2 Minute Crypto

Altcoin Buzz — Fri, 03 Mar 2023 10:46:56 +0000

Get $124 for signing up with MEXC Exchange (FREE $25 in your MEXC wallet + 1-month ALTCOIN BUZZ ACCESS PRO membership (worth $99) – 1,900+ trading pairs and services are also available for US customers. (To secure your ALTCOIN BUZZ ACCESS PRO membership DM us with your ‘newly signed up MEXC UID’ and ‘Telegram ID’ to our Twitter @altcoinbuzzio)

Nexo is a lending platform for cryptocurrencies. Lenders can lend their digital assets such as Bitcoin, Tether, USDC, and more for interest. Borrowers can collaterize their digital assets in order to take a loan. It currently supports over 40 currencies and has been operating since 2018.

The NEXO Token is the key player inside Nexo’s ecosystem. If you are a borrower or lender, holding NEXO Tokens entitle you to much more competitive rates. As a holder you also earn interest on your NEXO Tokens, get free crypto withdrawals, and receive instant cashback on your transactions on the Nexo Exchange.

You can trade NEXO on Binance, Huobi Global, and HitBTC.

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DISCLAIMER
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

#nexo #crypto #defi

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The post NEXO Token Explained | 2 Minute Crypto appeared first on Top Crypto Game.

Zilliqa Price Prediction: How High Will ZIL Go? 🚀

Altcoin Buzz — Tue, 15 Nov 2022 19:12:32 +0000

Zilliqa (ZIL) is a token developed in the year 2017. Zilliqa is mainly based on the concept of Sharding and primarily aims at improving the scalability of the cryptocurrency networks as in case of Bitcoin or Ethereum. The white paper mentions that the transactions speed would be approximately a thousand times more than that of Ethereum network. Ziliqa is fast, secured and decentralized. Zilliqa’s high throughput means that you can focus on developing your ideas without worrying about network congestion, high transaction fees or security which are the key issues with legacy blockchain platforms.

Zilliqa network uses a concept called Sharding where the transactions are grouped into smaller groups and divided among the miners for the parallel transactional verification. Developing smaller groups for transactional verification means the Consensus can be reached faster and hence a higher number of transactions can be processed in a given time frame. The capacity of the network linearly increases in other cryptocurrencies as the number of people joins the network, but in this case, the capacity is increased at a higher variable rate than the number of members joining the network. By incorporating the Sharding Technology, it can completely revolutionize the smart contract functionality too.

Ziliqa has few pros as it has a great new technology. Zilliqa is the first platform to use sharding technology. This puts it ahead of the rest of the market. It’s a completely new kind of blockchain designed to solve the problem of scalability. Third-generation platforms like Zilliqa could be the big winners in the future of cryptocurrency. Ziliqa has a strong community. The platform has a lot of fans. The Zilliqa ICO only happened because there was so much demand for it. The Zilliqa ICO also shows that the crypto community is ready to see blockchain technology move to the next phase of its development.

#zilliqa #zil #bitcoin #harmony, #one, #altcoins, #eth, #scaling #Ethereum #Chainlink #LINK #VeChain #btc #altcoin #investing #cryptocurrency #crypto #invest #binance #news #success #finance #entrepreneur #business #market #staking #NFT #NFTs #grayscale #scilla

Timestamps:
00:00 Introduction to Zilliqa
04:25 ZIL Price Predition

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Disclaimer:
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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Kusama Price Prediction: How High Will KSM Go? 🚀

Altcoin Buzz — Mon, 28 Mar 2022 18:14:29 +0000

Kusama (KSM) is meant to be Polkadot’s canary network which is an early, unaudited and unrefined release of Polkadot. Kusama will serve as a proving ground, allowing teams and developers to build and deploy a parachain or try out Polkadot’s governance, staking, nomination and validation functionality in a real environment.

Kusama is an early, highly experimental version of Polkadot presenting real economic conditions. The community will own the network – there will be no central kill switch. Kusama will exist as long as its community maintains it and we envision it will cater to new, early functionality and projects preparing to develop and deploy on Polkadot.

#Bitcoin #Kusama #KSM #harmony, #one, #altcoins, #eth, #scaling #Ethereum #Chainlink #LINK #VeChain #btc #altcoin #investing #cryptocurrency #crypto #invest #binance #news #success #finance #entrepreneur #business #market #staking #NFT #NFTs #grayscale #binance #polkadot #dot

Timestamps
00:00 Introduction to Kusama
03:46 KSM Price Prediction

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Harmony: Stephen Tse On ONE's Cosmic Potential 🚀

Altcoin Buzz — Wed, 02 Mar 2022 13:45:11 +0000

Harmony’s open, decentralized network is enabled through the use of the native protocol token – Harmony ONE. The token incentivizes and rewards a variety of participants including developers, validators/stakers, investors, and community members who develop, secure and govern the network. In order to use the network, users pay a small transaction fee denominated in the native Harmony token.

Harmony’s scalable, high-throughput protocol is powered by a native token which is used for various forms of payment and participation in the protocol (staking, transaction fees, voting & governance).

Harmony uses blockchain to align incentives of different stakeholders, developers and businesses while allowing them to build open marketplaces of fungible and non-fungible tokens and assets. Furthermore, the upcoming application of zero-knowledge proofs will allow Harmony to become a data sharing platform that can overcome the conflicting problem plaguing many information and data markets: that individual market participants’ have mutual distrust to share data but strong desire to acquire data themselves.

In this interview Layah speaks with Harmony’s founder, Stephen Tse. Stephen has been obsessed with protocols and compilers since high school. He reverse-engineered ICQ and X11 protocols, coded in OCaml for more than 15 years, and graduated with a doctoral degree in security protocols and compiler verification from the University of Pennsylvania.

#harmony, #one, #altcoins, #eth, #scaling #Ethereum #Chainlink #LINK #bitcoin #VeChain #btc #altcoin #investing #cryptocurrency #crypto #invest #binance #news #success #finance #entrepreneur #business #market #staking #NFT #NFTs #grayscale

Timestamps:
00:00 Introduction to Harmony ONE
00:56 What Is Harmony and What Are its Core Values?
01:30 How will Harmony solve the Blockchain ‘Trilemma’?
02:18 What is Harmony doing Differently?
03:12 How does Staking Work on Harmony?
04:42 What are the Use Cases of ONE?
06:46 How does ONE Burning Work?
07:29 What is the Grant Program?
08:45 Any Plans to get into NFTs?
10:36 What else is in the Harmony Pipeline?

Harmony web site:

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