Uwe Boysen is a retired blind judge and former president of Germany's association of blind and visually impaired students and professionals, the DVBS, whlitecoin ltc newsich was founded in Marburg. He attended the Carl-Strehl-School and then studied law in Marburg in the late 1960s. In his opinion, the sense of community and self-help that has evolved in Marburg plays a crucial part in sparking innovation: "It gives you courage, it makes you dare to try out new things."
The applications on Ethereum are run on ether, its platform-specific cryptographic token. Ether is like a vehicle for moving around on the Ethereum platform and is sought mostly by developers looking to develop and run applications inside Ethereum, or now, by investors looking to make purchases of other digital currencies using ether. Ether, launched in 2015, is currently the second-largest digital currency by market capitalization after Bitcoin, although it lags behind the dominant cryptocurrency by a significant margin.3 Trading at around $3,600 per ETH as of September 2021, ether’s market cap is roughly half that of Bitcoin’s.In 2014, Ethereum launched a presale for ether, which received an overwhelming response; this helped to usher in the age of the initial coin offering (ICO). According to Ethereum, it can be used to “codify, decentralize, secure and trade just about anything.”4 Following the attack on the decentralized autonomous organization (DAO) in 2016, Ethereum was split into Ethereum (ETH) and Ethereum Classic (ETC).In 2021, Ethereum transitioned its consensus algorithm from proof-of-work (PoW) to proof-of-stake (PoS).5 This move is intended to allow Ethereum’s network to run itself with far less energy and improved transaction speed as well as to make for a more deflationary economic environment. Proof-of-stake allows network participants to “stake” their ether to the network. This process helps to secure the network and process the transactions that occur. Those who do this are rewarded ether, similar to an interest account. This is an alternative to Bitcoin’s proof-of-work mechanism, where miners are rewarded more Bitcoin for processing transactions.2. Litecoin (LTC)Litecoin, launched in 2011, was among the first cryptocurrencies to follow in the footsteps of Bitcoin and has often been referred to as “silver to Bitcoin’s gold.”6 It was created by Charlie Lee, an MIT graduate, and former Google engineer.
Litecoin is based on an open-source global payment network that is not controlled by any central authority and uses “scrypt” as a proof of work, which can be decoded with the help of consumer-grade CPUs. Although Litecoin is like Bitcoin in many ways, it has a faster block generation rate and hence offers a faster transaction confirmation time. Other than developers, there are a growing number of merchants that accept Litecoin. As of September 2021, Litecoin has a market capitalization of $4 billion and a per-token value of around $190, making it the sixteenth-largest cryptocurrency in the world.73. Cardano (ADA)The current Web 2.0 environment has come to reflect the era of "Big Data," in which individuals enrich themselves by providing data to centralized digital platforms.
The Cirus platform aims to transform this business method by addressing three major paradigm shifts: digital accessibility, big data and the key to ownership, and, last but not least, Web 3.0.What does Cirus aim for?To gain a better understanding, Cirus Foundation is a multi-layered ecosystem that uses cutting-edge technology, software, and a tokenized currency to accelerate the ownership economy.Individuals may enter this new era by owning, managing, and monetizing their most valuable digital asset - data. Cirus is more than a game-changing solution for the next step in crypto and data storage.
The Cirus Foundation is a non-profit contributor to the Cirus Ecosystem, which contains the Cirus Device, Cirus Core Platform, and Cirus Confluence. They all work together to create a strong system that achieves three fundamental paradigm shifts in the way individuals interact with, profit from, and contribute to the ownership economy.Who is behind the project?
Cirus stands up with a fantastic team; although they are at the start of their journey, it seems that creative ideas have attracted many interested participants to their project.One such person is former Apple CEO Gil Amelio, who has joined the Cirus Foundation as a senior adviser. The senior technology executive will also serve as chairman of Cirus' commercial business, assisting Cirus in reaching a new market for its technologies.Another notable adviser is Finis Conner who is the co-founder of two Fortune 500 tech companies—Seagate and Conner Peripherals. Cirus will benefit from Conner's knowledge of growing hardware production, given his background with digital storage systems. Conner will also be essential to Cirus as it moves away from centralized storage and develops better solutions that ensure users' data ownership, which Conner refers to as personal cloud data storage.What’s the next step?
Cirus will also offer a device that can replace a regular home internet router while allowing interaction with the Cirus Core Platform and Confluence Network.Starting with the typical plug-and-play method, the user easily connects to the internet by replacing their traditional router with the Cirus. Users will be able to set permissions and pass thresholds for data collection through the device.The information gathered is rich and granular, and the Cirus Core platform uses it. The gadget does not need a significant change in the user's behavior. They currently have 47 international patents pending, allowing them to offer an increasing and robust set of features that go beyond that of a primary internet router.Aside from that, the Cirus Foundation will have its token, which will serve as the network's native currency and external platform interactions. Their token has a fixed supply of 250 million units. The coin ecosystem will be split into four sections, including:
Bridge & TransactionsNetwork Validation
Furthermore, the Cirus Foundation addresses the complicated issues surrounding the commoditization of digital asset transfer and trading in today's society.Prepare for the most significant shift in the crypto market!Editorial Note: This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.UPDATED September 15th 2021. Who offers the best crypto interest rates? With the growth of DeFi & CeFi applications, crypto lending, margin exchanges, and stakable cryptocurrencies over the last few years, it can be difficult to know where the best yields for your idle capital are. Following on from our guide to crypto yield farming, this survey looks into the major crypto lending platforms and examines the different interest rates offered by them.First, an understanding of the difference between ‘crypto lending’ and ‘crypto borrowing’ in the context of this article is important. If you are lending in the scenarios below you are loaning your assets to the platforms featured with the expectation that you will earn interest on your crypto assets. Your goal is the return of your original sum, with earned interest. This article does not explore crypto borrowing - where you would borrow assets (or fiat in some cases) from a platform, which you would be required to repay - with additional interest.The question of which is the best crypto lending platform is open to debate - as each has its own approach and processes - but certainly annual interest rates paid are a good place to start. All interest rates were recorded on the 1st of March 2021 and are subject to change.
1. DeFi LendingDemand for borrowing in the DeFi world comes as a result of either margin trading on decentralized exchanges or from borrowing on DeFi applications. The constant fluctuation of demand and supply on DeFi applications results in yields that are fairly volatile. Due to the majority of DeFi applications being on the Ethereum network, borrowing and lending consists mainly of Ethereum, ERC-20 tokens, and wrapped Bitcoin, which is an ERC-20 token that is backed 1:1 with Bitcoin. The business model of the platforms can differ slightly.
2. Centralized LendingIn addition to DeFi lending there are also many centralized crypto lending companies. Because loan origination happens in a centralized fashion with these companies, the interest rates are typically more stable as the lending entity sets the rate rather than pure market forces. Interest rates on centralized lending platforms are usually higher than other platforms, which is appealing to lenders.
An introduction to crypto loansThe other side of lending is of course borrowing. If you are interested in taking a loan out (for USD for example) many of the providers above also provide that service.
Most major Lending and borrowing protocols across both CeFi and DeFi require borrowers to lock up an asset in order to take out a loan. These types of loans are called collateralized loans.Collateralization is a borrower’s commitment to pledge a number of assets as a means for a lender to recoup their capital in the instance that the borrower defaults on the loan. If a borrower continually missed payments on a loan obligation then the lender has the right to possess the collateral pledged in the case that the loan defaults.Collateralized, or more specifically 'overcollaterized loans', are at the core of efficiently operating DeFi lending markers. DeFi lending protocols enable open, permissionless, and pseudo-anonymous financial services. There are no credit score requirements for borrowers and generally no formal KYC or AML requirements.In order to maintain a balance between open access and systemic stability the value of the collateral that needs to be pledged for DeFi loans has to exceed the value of the loans. If for example, a DeFi user wants to directly take out a USD100 DAI loan on Makerdao, they need to put up at least USD150 worth of Ethereum.
Borrowing from DeFi protocols can often be a precarious and time-intensive process that goes beyond simply paying back interest in installments.The loan-to-value ratio (LTV) needs to be carefully monitored to ensure that the collateralization requirement that was agreed upon before the loan was executed is maintained. Maintaining this LTV ratio is made more difficult if borrowers put up volatile assets like ETH as collateral. If the value of ETH changes suddenly in US dollar terms, loans can be liquidated very quickly and borrowers are not protected by mechanisms that exist like loan insurance.
For these reasons, due to the complex nature of unique specific DeFi protocol agreements that go beyond interest rate payments, BNC has chosen not to include details around DeFi protocol borrowing rates.Programmable Money: Tools that find the best interest rate for you automatically
These days yield optimization platforms like Yearn.finance exist. They use the Ethereum blockchain’s capabilities to facilitate programmable money to make it easier for users to find optimal interest rates automatically. Before Yearn, users seeking to maximize their yields needed to manually move their stablecoins between lending protocols. A slow, labor-intensive process that Yearn aims to avoid.The protocol works by creating pools for each asset that is deposited. When a user deposits their stablecoins into one of these pools, they receive yTokens that are yield-bearing equivalents of the coin that was deposited. If for example, a user deposits DAI into the protocol it will issue back yDAI.
Assets are automatically shifted between lending platforms in the DeFi ecosystem like Compound and Aave, where interest rates for deposited assets change dynamically. Every time a new user deposits assets into a pool on Yearn, the protocol checks whether there are opportunities for higher yield and rebalances the entire pool if necessary. At any time a user can burn their yDAI and withdraw their initial deposits and accrued interest in the form of the original deposit asset.The protocol has evolved to offer more complex solutions that can efficiently maximize yields on user deposits. The yCRV liquidity pool built by Yearn on the Curve finance platform contains the following yTokens: yDAI, yUSDC, yUSDT, yTUSD and pays back a yCRV token that represents the index. Users can deposit any of the four native stablecoins into the pool and earn interest back from yield-bearing yCRV tokens. Depositors also earn trading fees from Curve for providing liquidity to other users of the platform.This year Solana has soared from the 26th largest asset by market capitalization to the 6th. So what’s behind the rise of Solana and what can technical analysis tell us about Solana’s near term price potential?Summer 2021 in the crypto markets has been defined by the eye-popping growth of platform blockchains. Four out of the top ten assets on the Brave New Coin market cap table, Ethereum (ETH), Binance Coin (BNB), Cardano (ADA), and Solana (SOL), are the native tokens of platform blockchains. It’s not just the token market cap that is growing, large sums of money are also flowing into these platform blockchains to be used on-chain. Defi Lama reports that the total value of assets locked (TVL) into platform blockchains currently sits at ~US$179 billion. This represents a new all-time high and is up ~54% in the last three months. The newest of the platform blockchains to break into the Brave New Coin market cap top 10 is Solana. Just six months ago it was the 26th largest asset in the crypto space with a market capitalization of ~US$3.63 billion and the Solana price was US$13.88. Today, SOL is the 6th largest asset in the crypto space with a market capitalization of ~US$55.53 billion and the SOL price is US$187.89.
The market cap of SOL has grown 1,264% and its price has risen 1,125%. The asset continues to hit new all-time highs on a daily basis. The following article looks at the growing Solana ecosystem, considers the reasons for its strong performance in 2021, and examines what the technicals say about the Solana price.Solana has been one of the most resilient, alpha-generating crypto assets of 2021. On a brutal day of trading for the wider crypto markets, the September 7th flash crash saw Bitcoin (BTC) fall by ~10%, Ethereum (ETH) by ~14%, and Cardano (ADA) by ~16%. Solana was a fortress of strength for its holders during this period. Incredibly, the SOL price increased by ~7% as the rest of the market tanked.
What is Solana?Solana (SOL) is a platform blockchain that focuses on delivering fast, cheap, and scalable smart contract solutions. The network has been described as idiosyncratic because of the unique method it uses to order transactions and achieve higher blockchain throughput. The network is powered by the SOL token which is used to interact and transact with the Solana blockchain.
Solana was founded by Anatoly Yakovenko in 2017. Yakovenko worked for Qualcomm and Dropbox before building Solana. Along with co-founders Greg Fitzgerald and Eric Williams, Yakovenko sought to build a blockchain that solved the throughput and scalability issues inherent with Bitcoin (BTC) and Ethereum (ETH), but without any trade-offs.Solana is a third-generation blockchain (as are Cardano, Tezos, and Polkadot). It seeks to challenge the incumbent centralized, legacy financial network by learning from and improving the architecture used by first and second generation blockchains such as Bitcoin and Ethereum.