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2023-04-19 13:38:17 Leading CryptoNews Channel

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2023-04-19 12:45:00 Sec Chair Gary Gensler can't answer a simple question with clarity :- whether in his opinion as Chair of SEC is $ETH a security or a commodity?

Crypto_Ocean Open / Comment

2023-04-18 22:02:42 Doing a quest from the Scroll project

Scroll is a zkEVM Layer2 solution designed to solve Ethereum's scalability problem.

Investment: closed another round of funding for $50 million ($80 million total) from Polychain Capital, Sequoia China, Bain Capital Crypto and others. The project is currently valued at $1.8 billion.

They recently had a new activity on Layer3 where we will need to complete quests to pick up an achiever and free NFT in the future.

What to do.

1. Switch to Layer3.
2. Do the quizzes.
3. Add a test network Scroll.
4. Getting test tokens.
5. Bridging tokens from the Ethereum network to Scroll.

Good opportunity to be active on the new blockchain. Maybe there will be a drop and you will get some reward.

Crypto_Ocean Open / Comment

2023-04-18 21:00:45 Stay ahead of the crypto-news with CRYPTUS MEDIA

Our unique channel is dedicated to providing you with up-to-the-minute news and in-depth analysis on all things crypto. Whether you're a seasoned pro or just getting started, our channel with experts have got you covered.

But that's not all – CRYPTUS MEDIA also offers detailed guides will show you how to claim them airdrops you won't find anywhere else!

Join our community today and never miss a beat in the world of crypto. Don't wait – the future of finance is here, and it's happening on CRYPTUS MEDIA! Open / Comment

2023-04-18 19:00:00 The fundamental difference between Apple Pay, Google Pay and Bitcoin

Crypto_Ocean Open / Comment

2023-04-18 15:57:33 UTBAI's Price Rises from $0.02 to $0.1705, Reflecting UnitedTeleBot's Success


UnitedTeleBot (UTB) has shown remarkable growth with its native token, UTBAI, experiencing a significant price increase from $0,02 to $0,1605.

With a total supply of 710,000,000 (BSC Network) (Utb.ai, UTBAI-BSC)
UTBAI, around 6,805,260.64 tokens in circulation

UTBAI Market Cap of approximately $1,092,244.23, UTB's AI-powered

technology continues to thrive.
More than 74,000 @UnitedTeleBot Users inside the UTB bot

UTB's AI predicts a price of around $0,173 to ~$0,1825 tomorrow

Stay Tuned

@UnitedTeleBot Open / Comment

2023-04-18 15:35:00 BLOCKCHAIN DISTINCTION: L0, L1, L2 & L3

The ever-increasing use of crypto has led to the need to create "tiers" of blockchains. This classification allows for increased network security, transaction speed, scalability, and more.

• Layer 0 is a kind of "basic" layer necessary for interchain interoperability. This is the network structure running under the blockchain, including protocols, hardware, miners and other components that make up the blockchain ecosystem.

The main features are:
- enabling blockchains to interact with each other;
- availability of infrastructure for developers;
- fast and cheap transactions on crosschain exchanges, thanks to the IBC-protocol.

• Layer 1 is a blockchain that can conduct transactions without the participation of another network. Its main problem: as the number of users increases, blockchain performance and transaction processing speed can decrease.

Let's make an analogy: if dApps is an offline store that everyone visits, the L1 blockchain is the plot of land on which it is built, and L0 is the road networks that connect the land plots.

• Layer 2 is a protocol deployed on top of the main L1-blockchain. It helps increase system throughput, transaction speed, and scalability.

• Layer 3 is what is known as an "application" level blockchain. L3 includes various decentralized solutions and protocols that enable applications.

See the new infographic for examples of all layers of blockchain.

Would you guys like to see more educational content on our channel?
Yes -
No -

Crypto_Ocean Open / Comment

2023-04-18 13:35:23 Gary Gensler will face the U.S. Congres today.

In addition, U.S. Congressman Warren Davidson submitted a document proposing Gensler's removal from office.

Gary Gensler is the current chair of the U.S. Securities and Exchange Commission (SEC)

Crypto_Ocean Open / Comment

2023-04-17 18:04:00 Bitcoin is in the top 10 assets by market capitalization

BTC has a market cap of $588 billion, with gold in first place, with a cap of $13.5 trillion

Ethereum with a capitalization of $240 billion, ranks 44th.

Crypto_Ocean Open / Comment

2023-04-17 15:35:00 Blockchain is about more than just cryptocurrencies
⠀
Secure storage and transmission of data is a headache of our time. Thick stacks of papers are all too easy to destroy or tamper with, and services for working with large databases can fail at any time and permanently delete information.

The pill that helps relieve that pain is blockchain technology. A couple of scientists described its first principles back in 1991. To check originality, they suggested encrypting documents cryptographically, turning them into a chain of blocks, and adding time stamps to each block.

So why, after so many years, did everyone suddenly remember and start implementing blockchain? There are several reasons for this:

Security and invulnerability. Due to decentralization (more details in the next post), it is impossible to fake or change data in the blockchain.
No intermediaries. All transactions (data transfers) are peer-to-peer, i.e. from one user to another.
Instancy and availability. Transfers online happen in seconds and can be sent anywhere in the world.

Blockchain has made alternatives to traditional payment systems, online data storage and even the most transparent and fair elections possible. The technology is considered revolutionary for a reason.

How long do you think it takes for blockchain technology to become an integral part of our lives?

Over 5 years -
Over 10 years -

Crypto_Ocean Open / Comment