Core blockchain basically took the weaknesses of other blockchains and converted them into its own strengths. Core blockchain Vs Bitcoin Bitcoin: ♀️First popular blockchain. ♀️Introduced proof-of-work (PoW) consensus mechanism. ♀️Highly decentralized. ♀️Limited to seven transactions per second (TPS). Core: ♀️Improves coin's transaction throughput. ♀️Offers higher TPS, addressing Bitcoin’s scalability issues. Core Blockchain vs. Ethereum Ethereum: ♀️Most popular smart contract blockchain. Introduced the Ethereum Virtual Machine (EVM). ♀️Processes more TPS than Bitcoin (15 TPS) but still limited. ♀️Faces scalability and centralization concerns. Core: ♀️Enhances scalability beyond Ethereum’s capabilities. ♀️Reduces centralization risks associated with Ethereum
- 0 replies
- 0 recasts
- 0 reactions
The liquidity of cryptocurrency markets is influenced by a complex network of factors: Market Sentiment: Public perception and investor confidence can significantly affect liquidity, as positive developments or news can draw participants, boosting liquidity; whereas, adverse events may deter engagement. Trading Volume: A direct indicator of liquidity, higher trading volumes suggest a vibrant market with abundant buyers and sellers. Regulation: Clear and favourable regulations can enhance investor confidence and market participation, thereby increasing liquidity. Technological Advancements: Innovations that improve transaction efficiency, security, and user experience can attract a larger user base, contributing to higher liquidity. Adoption and Integration: The incorporation of cryptocurrencies into the broader financial ecosystem can expand their user base and enhance liquidity
- 0 replies
- 0 recasts
- 0 reactions
Crypto airdrops have already distributed more than $4 billion to users in 2024 and the year is still far from over. According to a CoinGecko report, the total value of airdrops up to December 2023 was $26.6 billion, considering the highest prices of the tokens. Including the 2024 airdrops at their maximum values, the total amount reaches $34 billion
- 0 replies
- 0 recasts
- 0 reactions