Archive for the ‘Smart Contracts’ Category

Ape Brigade: Best Long-term Crypto Project – The Cryptonomist

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Considering all the various speculations in the crypto scene, Cardano (ADA), XRP (XRP), and Ape Brigade (APES) have emerged as the best long-term crypto investments that users and traders can consider in 2023 to reap extended gains and benefits.

Recently, the long-awaited launch of Hydra Head took place on the Cardano blockchains mainnet, presenting a scaling solution designed to expedite transactions. Optimistic members within the Cardano community speculate that this development could potentially enable the network to handle an impressive traffic of 1 million transactions per second (TPS), the potential to be the fastest TPS in the blockchain space.

Ape Brigade (APES) is an upcoming meme coin that is generating excitement in the cryptocurrency market. With a strong focus on animal welfare, particularly the conservation of apes and wildlife, Ape Brigade dedicates 10% of its token supply to support these efforts. Furthermore, the community stands to benefit from a locked liquidity pool of 20%, ensuring stability and liquidity for the token.

Additionally, an incentivized staking system allows users to earn rewards based on their APES holdings and staking duration, with 15% of the total supply reserved exclusively for staking rewards. Ape Brigade operates as an ERC20 token on the Ethereum blockchain, guaranteeing security, transparency, and accessibility for all.

The projects roadmap includes exciting plans such as the introduction of an NFT Space, which will play a vital role in their ecosystem. With a passionate community, a charitable mission, and advanced technology, Ape Brigade (APES) is poised to make a remarkable impact in the world of cryptocurrencies.

Cardano is a blockchain platform that aims to establish a secure and scalable foundation for decentralized applications and smart contracts. Its primary objective is to create a reliable infrastructure that enables the development of innovative and decentralized solutions.

The launch of Hydra Head follows a series of significant improvements to Cardano (ADA) throughout the year, with a notable focus on decentralized finance (DeFi). Addressing the narratives surrounding the release of L2 Hydra on the mainnet, Cardanos Technical Director, Matthias Benkort, offered his insights and clarified that the newly introduced scaling solution, Hydra, is presently incapable of handling 1 million TPS.

Each Hydra Head functions as a decentralized mini ledger shared among a small group of users. Besides facilitating faster transactions, this approach also helps reduce costs as well. Developers can utilize Hydra Heads on the Cardano blockchain to build intricate DeFi protocols, which enables the creation of advanced and sophisticated financial applications within the Cardano ecosystem.

XRP (XRP) is a digital asset and cryptocurrency that operates on the Ripple payment protocol. It is designed for fast and low-cost international money transfers and is utilized by banks and financial institutions for cross-border transactions. XRPs main goal is to facilitate efficient global money transfers and improve liquidity in the financial industry.

In conclusion, Cardanos recent denial of speculation regarding 1 million transactions per second (TPS) post Hydra Head deployment clarifies the current capabilities of the ADA network. While the launch of Hydra Head brings enhanced scalability to Cardano, it is important to refer to official sources for accurate information.

Meanwhile, if you are looking for the best long-term crypto investments in 2023, Cardano, XRP, and Ape Brigade (APES) stand out. Cardano continues to revolutionize DeFi with its advanced features and scalability, while XRP maintains its position as a reliable choice for seamless cross-border transactions. Ape Brigade (APES) captures attention with its passionate community, commitment to wildlife conservation, and advanced technology as it enters the market with promising potential.

Website: https://apebrigade.io/

Twitter: https://twitter.com/_ApeBrigade_

Telegram: https://t.me/ApeBrigadeOfficial

*This article was paid for Cryptonomist did not write the article or test the platform.

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Ape Brigade: Best Long-term Crypto Project - The Cryptonomist

7 Must-Buy Cryptos That Can Survive Market Crashes – InvestorPlace

As markets brace for a likely recession ahead, investors search for cryptos that can survive market crashes. Uncertainty looms large over the Federal Reserves plans, elevating volatility across the board.

Against this backdrop, the crypto market stands to benefit as investors hunt for returns in a market that has exhibited an inverse correlation with traditional financial systems,

This phenomenon shows the best cryptos for portfolio diversification, drawing attention to those with high stability and security, low risk, and real-world applications.

Aspects such as smart contracts, cross-platform interoperability, and lightning-fast transaction speeds further pique the interest of both existing and potential investors.

In this evolving financial landscape, savvy investors are looking for resilient cryptos with low volatility and risk that not only withstand market turmoil but also offer valuable opportunities for diversification.

Source: Sittipong Phokawattana / Shutterstock.com

Bitcoin(BTC-USD) is the crown jewel of the crypto world, boasting a market cap of over $540 billion, representing nearly 50% of the entire sectors capital.

After a torrid 2022, the first quarter of the year has had BTC skyrocketing from $16,000 to a jaw-dropping $28,000. The recent lull in inflation hints at a shift in the Federal Reserves hawkish stance, fueling bullish sentiments.

BTCs unrivaled crypto liquidity allows investors to trade and convert profits into real-world currency seamlessly. With the step-changes during the pandemic, a sizeable amount of institutional capital is parked in BTC, further solidifying its bull case. Hence, with these interesting advantages, its no wonder why BTC continues to steamroll its competition.

Source: shutterstock.com/BT Side

Ethereum(ETH-USD) is the second most popular crypto in terms of market cap and often mirrors Bitcoins movements.

Its no surprise that it enjoyed a robust first quarter, soaring from $1,200 to a remarkable $1,800. The platforms sheer size and magnetic appeal to institutional investors make it a safe bet during heightened volatility.

The platform has been undergoing multiple changes, boosting scalability, security, and safety. It will introduce an innovative scaling solution called roll-ups that accelerate transactions while cutting user fees.

Its much-talked-about proto-dank sharding upgrade is expected to be launched in the second half of 2023, making transactions roughly 40 to 100 times cheaper.

The recent Shanghai fork has effectively laid the groundwork for brighter future ETH enthusiasts. These cutting-edge enhancements will further cement ETHs status as an industry trailblazer.

Source: Shutterstock

Cardano(ADA-USD) is arguably one of the most popular altcoins, which is nipping at BTCs heels in the race for year-to-date gains.

Conceived by Ethereum co-founder Charles Hoskinson, ADA boasts a wide variety of features similar to ETH, including a public blockchain platform, a robust proof-of-stake model, and enabling decentralized finance transactions.

Cardanos breakneck pace and powerful technology have helped it rise up the ranks of the hotly competitive crypto sphere. With its capabilities of handling one million transactions per second and minimal energy footprint, it has become one the top crypto picks of crypto investors.

With a slew of upgrades on the horizon, Cardano will bolster its security and enable seamless interconnectivity with other blockchains. Should these enhancements live up to expectations, we could witness a major rally in ADA.

Source: Rcc_Btn / Shutterstock.com

Solana(SOL-USD) is another dazzling altcoin that was one of the stand-out performers during the pandemic years.

However, like its peers, it shed a ton of value last year, dropping over 90% in value. Its been ticking in the green since the start of the year; the jury is still unsure whether Solana can sustain its upward trajectory throughout 2023.

Solana offers various applications, spanning decentralized finance, gaming, non-fungible tokens (NFT), and others. The Layer 1 blockchain network outperformed Ethereum multiple times in the past few years across all key crypto verticals.

Most recently, the platform announced its foray into the burgeoning artificial intelligence sector. Solana users can now effectively interact with the network using an open-source plugin for the AI chatbot, ChatGPT.

This development allows users to monitor wallet balances, transfer Solana-native tokens, and even scoop up NFTs. Also, it unveiled its crypto-centric smartphone, Saga, which will function as a dedicated wallet for digital currencies.

Source: sdx15 / Shutterstock.com

As one of the top Layer 2 scaling solutions, Polygon(MATIC-USD) swoops in to address the speed-related issues that impact first-generation crypto protocols such as Bitcoin and Ethereum.

It primarily caters to the Ethereum network and has emerged as a vital cog in the platforms machine. Its future hinges on Ethereums dominance and sluggish transaction speeds. Given the Ethereum networks current speeds, Polygon will remain relevant in the crypto sphere.

Polygon secured a whopping $450 million investment from Sequoia Capital in growing its network. The company spent $1 billion in 2021 and early 2022 to add new firms to its network and expand its offerings.

Though the bear market has dampened investor sentiment, a revived bull market could ignite another major lift-off. Likewise, if more projects flock to the Polygon network, the outlook for MATIC will be bullish.

Source: Zarko Prusac / Shutterstock.com

Dogecoin is certainly a fan-favorite in the crypto realm, but many would argue that it is both a blessing and a curse.

With a massive and loyal online community behind it, DOGE will remain relevant despite its risk.

Though it does not have the same utility as other cryptos mentioned in the article, Dogecoins status as a leading crypto cannot be argued with.

Throughout the year, DOGE has witnessed several days where daily values have increased by 10%, enticing investors to capitalize on long-term gains. It has become a magnet for speculative crypto enthusiasts who want to capture lofty gains fueled by volatility.

Furthermore, it boasts a daily liquidity volume of more than $230 million, roughly 24 hours preceding this article, further highlighting its appeal to investors seeking a dynamic crypto asset.

Source: Stanslavs / Shutterstock.com

Chainlink(LINK-USD) is another popular altcoin that is essentially a powerful blockchain network of oracles.

Oracles efficiently connect real-world data with decentralized systems. Chainlink is essentially revolutionizing the smart contract real by delivering critical data capacity to various blockchains.

Also, as a major catalyst for Web 3.0 development, the platforms dynamic exits optimize smart contract efficiency.

Effectively bridging the gap between on-chain and off-chain data sources, Chainlink provides crucial input for smart contracts.

Though the LINK token took hiding last year, its future gleams with promise. The token is up an impressive 30% since the years onset, showcasing the tokens long-term potential for growth and survival in unconducive markets.

Chainlinks spectacular progress signals its unwavering commitment to driving innovation in its sector.

On the date of publication, Muslim Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article.The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines

Muslim Farooque is a keen investor and an optimist at heart. A life-long gamer and tech enthusiast, he has a particular affinity for analyzing technology stocks. Muslim holds a bachelors of science degree in applied accounting from Oxford Brookes University.

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7 Must-Buy Cryptos That Can Survive Market Crashes - InvestorPlace

GALA price rallies 5% ahead of Version 2 tokens airdrop – FXStreet

The decentralized Gala Games ecosystem has announced the launch of its Version 2 (V2) and the corresponding airdrop for all GALA Version 1 (V1) token holders. With the snapshot for the airdrop less than ten hours away, the token is rallying, yielding nearly 5% gains for holders overnight.

Also read: Lido Version 2 rollout on the Ethereum mainnet likely to be a sell-the-news event

GALAs Version 2 airdrop is scheduled to occur on Monday, as the games ecosystem prepares for the event. All holders of GALA V1 tokens will receive a 1:1 airdrop of the V2 token following the snapshot.

Gala Games ecosystem asked users to ensure that their V1 tokens are held in their private wallets or wallets of exchanges that support the Version 2 rollout.

Developers asked users to remove their GALA tokens from liquidity pools or smart contracts before snapshot on May 15 as there is no guarantee that tokens dropped to liquidity pool contracts will be recoverable.

Countdown to GALA V2 token snapshot

Ahead of the token airdrop, the protocols token yielded 5% gains for traders in a 24-hour timeframe. GALA price could correct in response to the airdrop, given the token has been rallying for a week in anticipation of the event.

If the event turns out to be sell-the-news, GALA price could pullback to support at $0.028.

GALA price is in a downtrend that started in February 2022. The token started its recovery in the beginning of 2023 with a 217% gain in the first week of January and 68% rally in the second week of March. With a definitive close above the descending trendline, GALA price could be poised for a similar price rally in May.

GALA/USD 1-day price chart

The immediate resistances are at $0.0592, $0.0879 and $0.1320, key levels for GALA throughout the second half of 2022. In the event of a decline, GALA price could nosedive to $0.0200, a level previously seen in the beginning of 2023.

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GALA price rallies 5% ahead of Version 2 tokens airdrop - FXStreet

Upgrade to Bring Bitcoin Cash Smart Contracts, Ted Cruz on BTC … – Bitcoin News

Software developer Jason Dreyzehner says smart contracts comparable to Ethereum, but remarkably more efficient will be made possible by the May 15 upgrade coming to the Bitcoin Cash network. In other news, the worlds largest regional organization, the Shanghai Cooperation Organization (SCO) plans to switch to settlements in national currencies, moving away from the U.S. dollar. This and more, just below, in the latest Bitcoin.com News Week in Review.

Pro-freedom technologies advocate and software developer Jason Dreyzehner recently spoke with Bitcoin.com News via email about the upcoming Bitcoin Cash network upgrade on May 15. One of the most talked about improvement proposals set to go through on that date which proponents view as a boon to economic freedom is the Cashtokens CHIP. Beyond UTXO-level token creation, the upgrade will allow for advanced on-chain applications like higher-security vaults, decentralized exchanges, and bridged sidechains, comparable to ethereum, more scalable, and cheaper, according to Dreyzehner.

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A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a common currency.

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BRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a meeting with Chinas top diplomat for the region, the leader of the war-torn Middle Eastern country called for using the Chinese yuan for cross-border trade.

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United States Senator Ted Cruz has said he remains incredibly bullish on bitcoin which he described as the alpha in the crypto sphere. According to Cruz, people are attracted to bitcoin because they see it as a hedge against inflation and also as an important check against government spending.

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What are your thoughts on this weeks developments in crypto and global finance? Be sure to let us know in the comments section below.

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Smart Contracts Market Glorious Opportunities, Detailed Analysis of Current Industry Trends 2023-2030| IBM, AW – openPR

The Smart Contracts Market Research Report 2023-2030 will provide complete market analysis, statistics, different trends, drivers, opportunities, restraints, and up-to-the-minute market data required for estimating the market's revenue, factors driving & growth. The top-down and bottom-up approaches were employed to keep the Smart Contracts market analysis precise and error-free while providing unique suggestions in thoughtful specifics regarding the development factors. For the collection of data and its analysis, our skilled analysts have used a wide range of primary and secondary research approaches.

The research includes the most recent revenue and market development trends as well as all relevant and accurate venture statistics. Along with a summary of the global Smart Contracts market, classification, definition, and market chain structure, it offers prevention and planned management. The Global Smart Contracts Report discusses factors such as gross margin, cost, market share, capacity utilisation, revenue, capacity, and supply that have an impact on the global market for Smart Contracts. It also emphasises the potential of the global market for Smart Contracts in the ensuing years. The analysis makes precise predictions about the market's current and future size and volume.

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IBM AWS Oracle Infosys Solana Nem Waves RSK Algorand GoCoin Avalanche Stratis Tata Consultancy Services Monax Industries Chainlink

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The Middle East and Africa (Turkey, GCC Countries, Egypt, South Africa)

North America (United States, Mexico, and Canada)

South America (Brazil etc.)

Europe (Germany, Russia, UK, Italy, France, etc.)

Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

Smart Contracts :

1. Smart Contracts Introduction1.1.Definition1.2.Research Scope

2. Executive Summary2.1.Key Findings by Major Segments2.2.Top strategies by Major Players

3. Global Smart Contracts Overview3.1.Smart Contracts Dynamics3.1.1.Drivers3.1.2.Opportunities3.1.3.Restraints3.1.4.Challenges3.2.COVID-19 Impact Analysis in Global Smart Contracts3.3.PESTLE Analysis3.4.Opportunity Map Analysis3.5.PORTER'S Five Forces Analysis3.6.Market Competition Scenario Analysis3.7.Product Life Cycle Analysis3.8.Manufacturer Intensity Map3.9.Major Companies sales by Value & Volume

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What is the's expected growth rate for the forecast period 2023-2030?

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Who are the leading competitors, and what are their winning methods for gaining important characteristics in the Smart Contracts industry?

What are the major trends that are impacting the growth of the Smart Contracts in various regions?

What are the most significant opportunities?

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a qualitative and quantitative study based on segmentation that includes both economic and non-economic factors

Data on value for each section and sub-segment

Indicates the region and segment that is likely to expand the fastest and dominate the.

The consumption of the product/service in each region is highlighted, as are the factors affecting the within each region.

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