#COTInetwork $COTI
#Cardano $ADA
#TerraVirtua $TVK
ADA Pay Payments for NFT Auctions Scales Up With a Special Rock n’ Roll Auction!
https://medium.com/cotinetwork/ada-pay-payments-for-nft-auctions-scales-up-with-a-special-rock-n-roll-auction-dcbbddd3ecb
#Cardano $ADA
#TerraVirtua $TVK
ADA Pay Payments for NFT Auctions Scales Up With a Special Rock n’ Roll Auction!
https://medium.com/cotinetwork/ada-pay-payments-for-nft-auctions-scales-up-with-a-special-rock-n-roll-auction-dcbbddd3ecb
🚩#CARDANO Stuck. Need Volume To Growth!
👉 I doubt $ADA will do another pump anytime soon as it already has x3 its ATH this year, and also especially since the #Cardano Hype seems to be over for now.
$ADA price is now stuck on $2 level and will hardly moved from there, until a significant volume arrives.
👉 #ADAUSD TP Targets:
▫️Buy Entry on 05/11: $2++
🔹TP1: $2.46
🔹TP2: $2.85
🔹TP3: $3.32 (ATH)
🔹TP4: $3.68
🔹TP5: $4.20
⚠️ I was going to make a quick note on "speculative coins" but there is too much to say, so I will write-down separately in a new post.
👉 I doubt $ADA will do another pump anytime soon as it already has x3 its ATH this year, and also especially since the #Cardano Hype seems to be over for now.
$ADA price is now stuck on $2 level and will hardly moved from there, until a significant volume arrives.
👉 #ADAUSD TP Targets:
▫️Buy Entry on 05/11: $2++
🔹TP1: $2.46
🔹TP2: $2.85
🔹TP3: $3.32 (ATH)
🔹TP4: $3.68
🔹TP5: $4.20
⚠️ I was going to make a quick note on "speculative coins" but there is too much to say, so I will write-down separately in a new post.
D.Y.O.R. / Speculative Coin
(Do your own research)
▫️It is always important to know where you are going to invest your money before taking any position, so you will be able to adapt your strategy accordingly.
▫️#Cardano is one of those "speculative crypto" that increase their token prices with the need of a hype, created by marketers with aggressive marketing, breaking news announcements, special events, paying articles, bonus to influencers, etc. We know the results with huge pumps in bubble pricing structures, followed most of times by strong and vertical speculative collapses, before seeing prices stabilizing for months. Unfortunately, the last to enter in the peak of the price, will be those who will end up with heavy bags, and for long time before they can get rid of them. (we all had this kind of bad experience, which looks quite like a Ponzi scheme!)
▫️On the contrary, a non-speculative crypto will increase its price mainly due to fundamentals based on its own project with advanced developments, and which may be fully operational (SOL, DOT, ALGO, LINK). These token prices may take a bit longer to rise, but their price structure will be shaped much firmly with clean steps in order to go higher and long term. IMHO, these are the crypto projects that have a Real Future and will still be there in few years, while the others will have disappeared.
▫️In the Top CMC (except Doge and ShibaInu without any utility) there are some similar cases ... #Ripple that since 2017 has made hundreds of announcements of new partnerships with banks... Roger Ver and his #Bcash who was in the Top5 before falling into the Top20... I'm also not very confident with the hype made around #Elrond, but that will be for another topic! 😎
(Do your own research)
▫️It is always important to know where you are going to invest your money before taking any position, so you will be able to adapt your strategy accordingly.
▫️#Cardano is one of those "speculative crypto" that increase their token prices with the need of a hype, created by marketers with aggressive marketing, breaking news announcements, special events, paying articles, bonus to influencers, etc. We know the results with huge pumps in bubble pricing structures, followed most of times by strong and vertical speculative collapses, before seeing prices stabilizing for months. Unfortunately, the last to enter in the peak of the price, will be those who will end up with heavy bags, and for long time before they can get rid of them. (we all had this kind of bad experience, which looks quite like a Ponzi scheme!)
▫️On the contrary, a non-speculative crypto will increase its price mainly due to fundamentals based on its own project with advanced developments, and which may be fully operational (SOL, DOT, ALGO, LINK). These token prices may take a bit longer to rise, but their price structure will be shaped much firmly with clean steps in order to go higher and long term. IMHO, these are the crypto projects that have a Real Future and will still be there in few years, while the others will have disappeared.
▫️In the Top CMC (except Doge and ShibaInu without any utility) there are some similar cases ... #Ripple that since 2017 has made hundreds of announcements of new partnerships with banks... Roger Ver and his #Bcash who was in the Top5 before falling into the Top20... I'm also not very confident with the hype made around #Elrond, but that will be for another topic! 😎
🔅Since the "2017 Alts Season" when almost the entire market was in bullrun, this has evolved for months with bullruns of small groups of 4-6 coins, and which change every 7-10 days after reaching their high targets. IMHO, in the list below you have at least 2-3 coins that should be part of the next bullrun departure.
▫️ ACTIVES PRICING STRUCTURES
👁🗨#TheGraph (exit breakout)
👁🗨#Stellar (testing breakout)
👁🗨#HederaHashgraph (exit breakout)
👁🗨#Holochain (exit breakout)
👁🗨#Ravencoin (exit breakout)
👁🗨#Ultra (testing ATH)
👁🗨#Axie Infinity (testing ATH)
👁🗨#Alice (exit breakout)
👁🗨#Qtum (exit breakout)
👁🗨#THETA (exit breakout)
👁🗨#Tellor (testing breakout)
👁🗨#Elrond (testing ATH)
👁🗨#Chainlink (testing breakout)
👁🗨#BinanceSC (testing ATH)
👁🗨#Solana (testing ATH)
👁🗨#Ocean (testing breakout)
👁🗨#Nebulas (testing breakout)
👁🗨#Cardano (exit breakout)
👁🗨#SingularityNET (testing breakout)
👁🗨#VITElabs (exit breakout)
▫️Recently shared signals:
👁🗨#AirSwap (exit breakout) +26%
👁🗨#Injectiv (exit breakout) +15%
👁🗨#Akash (exit breakout) +23%
👁🗨#Utrust (exit breakout) +29%
👁🗨#Algorand (no movement)
PS: The percent (%) is the last high price.
▫️ ACTIVES PRICING STRUCTURES
👁🗨#TheGraph (exit breakout)
👁🗨#Stellar (testing breakout)
👁🗨#HederaHashgraph (exit breakout)
👁🗨#Holochain (exit breakout)
👁🗨#Ravencoin (exit breakout)
👁🗨#Ultra (testing ATH)
👁🗨#Axie Infinity (testing ATH)
👁🗨#Alice (exit breakout)
👁🗨#Qtum (exit breakout)
👁🗨#THETA (exit breakout)
👁🗨#Tellor (testing breakout)
👁🗨#Elrond (testing ATH)
👁🗨#Chainlink (testing breakout)
👁🗨#BinanceSC (testing ATH)
👁🗨#Solana (testing ATH)
👁🗨#Ocean (testing breakout)
👁🗨#Nebulas (testing breakout)
👁🗨#Cardano (exit breakout)
👁🗨#SingularityNET (testing breakout)
👁🗨#VITElabs (exit breakout)
▫️Recently shared signals:
👁🗨#AirSwap (exit breakout) +26%
👁🗨#Injectiv (exit breakout) +15%
👁🗨#Akash (exit breakout) +23%
👁🗨#Utrust (exit breakout) +29%
👁🗨#Algorand (no movement)
PS: The percent (%) is the last high price.
Power Crypto Club
Photo
Power Crypto Club
🔅After losing more than 50% of its value since mid-January, #Cardano will have to quickly return to at least $1.30, if its strong community wants to keep their $ADA token in the Top10, now ranked #9. 🚩$ADA #ADAUSD 🔹Buy Entry > $0.93-0.98 🔹TP1 > $1.07 🔹TP2…
✨Layer-1 & Layer-2 Blockchain Scaling Solutions
For blockchains to compete with legacy payments processors, they need to be able to process high volumes of transactions quickly, at a low cost.
▫️Why is Scalability Important?
The main goal of scalability is to increase transaction speed (faster finality) and transaction throughput (higher transactions per second) without sacrificing decentralization or security.
▫️There are 2 primary ways to achieve blockchain scalability: Layer-1 & Layer-2 Solutions. 👇👇
1️⃣ LAYER-1
It's a network that acts as infrastructure for other applications, protocols, and networks to build on top of. A public decentralized layer-1 network's primary characteristic is its consensus mechanism.
🔹#Bitcoin
🔹#LItecoin
🔹#Algorand
🔹#Cardano
🔹#Hedera
🔹#Solana
🔹#Ethereum 2.0 is one high-profile blockchain protocol that is exploring shards, along with #Zilliqa, #Tezos, and #Qtum.
2️⃣ LAYER-2
It refers to a secondary framework or protocol that is built on top of an existing blockchain system. The main goal of these protocols is to solve the transaction speed and scaling difficulties that are being faced by the major crypto networks.
🔹#Polygon
🔹#Arbitrum
🔹#Loopring
🔹#ImmutableX
🔹#xDaiChain
▫️Layer-1 vs Layer-2 Key Differences
The main difference between layer-1 vs layer-2 scalability solutions lies in their role and focus on the blockchain. 👇👇👇
🔅Layer-1 is here to improve the blockchain architecture, while layer-2 is here to build third-party networks on top of the main blockchain.
🔅Layer-1 can provide the most effective solution in large-scale protocol upgrades. However, using this method also means that the validator must be convinced to accept changes via a hard fork.
🔅Layer-2 provides a faster way to increase scalability. However, users can potentially lose the level of security of the original blockchain due to the use of third parties.
▫️Conclusion
👉🏻Layer-1 and layer-2 are just two sides of the same scaling solution. Therefore, they have a strategy designed to make the blockchain network faster and more accommodating for a rapidly growing user base.
👉🏻These strategies also do not outperform each other, and many blockchain networks are exploring combinations of layer-1 and layer-2 scaling solutions on blockchains to achieve increased scalability without compromising security or adequate decentralization.
For blockchains to compete with legacy payments processors, they need to be able to process high volumes of transactions quickly, at a low cost.
▫️Why is Scalability Important?
The main goal of scalability is to increase transaction speed (faster finality) and transaction throughput (higher transactions per second) without sacrificing decentralization or security.
▫️There are 2 primary ways to achieve blockchain scalability: Layer-1 & Layer-2 Solutions. 👇👇
1️⃣ LAYER-1
It's a network that acts as infrastructure for other applications, protocols, and networks to build on top of. A public decentralized layer-1 network's primary characteristic is its consensus mechanism.
🔹#Bitcoin
🔹#LItecoin
🔹#Algorand
🔹#Cardano
🔹#Hedera
🔹#Solana
🔹#Ethereum 2.0 is one high-profile blockchain protocol that is exploring shards, along with #Zilliqa, #Tezos, and #Qtum.
2️⃣ LAYER-2
It refers to a secondary framework or protocol that is built on top of an existing blockchain system. The main goal of these protocols is to solve the transaction speed and scaling difficulties that are being faced by the major crypto networks.
🔹#Polygon
🔹#Arbitrum
🔹#Loopring
🔹#ImmutableX
🔹#xDaiChain
▫️Layer-1 vs Layer-2 Key Differences
The main difference between layer-1 vs layer-2 scalability solutions lies in their role and focus on the blockchain. 👇👇👇
🔅Layer-1 is here to improve the blockchain architecture, while layer-2 is here to build third-party networks on top of the main blockchain.
🔅Layer-1 can provide the most effective solution in large-scale protocol upgrades. However, using this method also means that the validator must be convinced to accept changes via a hard fork.
🔅Layer-2 provides a faster way to increase scalability. However, users can potentially lose the level of security of the original blockchain due to the use of third parties.
▫️Conclusion
👉🏻Layer-1 and layer-2 are just two sides of the same scaling solution. Therefore, they have a strategy designed to make the blockchain network faster and more accommodating for a rapidly growing user base.
👉🏻These strategies also do not outperform each other, and many blockchain networks are exploring combinations of layer-1 and layer-2 scaling solutions on blockchains to achieve increased scalability without compromising security or adequate decentralization.
⚡️Since #Cardano founder Charles Hoskinson announced 2 weeks ago that #Algorand was now on the #Cardano_Network in reaction to the news that Mikomedia A1 Rollup was live on #Algorand, the price of $ALGO jumped by almost +55%, with a potential breakout to be tested soon in order to exit this range by North.
✅ Charles Hoskinson #Cardano plans to buy CoinDesk.
The guy is not even able to release a project but he takes out money to buy media. 😂
👉 It's like #CZ who bought CoinMarketCap to boost Binance marketing, but now make this platform completely unreliable. (By the way, I suggest you an alternative at CMC with Messari.io)
https://www.coindesk.com/tech/2021/12/27/cardano-founder-charles-hoskinson-lays-out-2022-plans/
The guy is not even able to release a project but he takes out money to buy media. 😂
👉 It's like #CZ who bought CoinMarketCap to boost Binance marketing, but now make this platform completely unreliable. (By the way, I suggest you an alternative at CMC with Messari.io)
https://www.coindesk.com/tech/2021/12/27/cardano-founder-charles-hoskinson-lays-out-2022-plans/
CoinDesk
Cardano Founder Charles Hoskinson Lays Out 2022 Plans
Hoskinson said the creation of a formal open-source project structure for Cardano is on the cards, among other developments.
💥 Ethereum Modular Ecosystem Map
👉 I tried to make it easy to understand so that you realize the relevance of this ecosystem map for your investments.
🛠 A Modular Blockchain (#Ethereum #Celestia #ZkSync #Polygon #Arbitrum) manages Specific Tasks in-house and delegate others to specialized networks, instead of a Monolithic Blockchain (#Bitcoin #Cardano #Monero #Solana #BSC #Tron) which tries to manage All Tasks in a single base consensus layer and without relying on third-party blockchains.
👉 This table brings together most of all crypto hi-tech projects that will impact the future of blockchain infrastructures. No doubt that the majority of the biggest crypto nuggets can be found here.
Thx to @Victor_crypto_ for having created this ecosystem map.
👉 I tried to make it easy to understand so that you realize the relevance of this ecosystem map for your investments.
🛠 A Modular Blockchain (#Ethereum #Celestia #ZkSync #Polygon #Arbitrum) manages Specific Tasks in-house and delegate others to specialized networks, instead of a Monolithic Blockchain (#Bitcoin #Cardano #Monero #Solana #BSC #Tron) which tries to manage All Tasks in a single base consensus layer and without relying on third-party blockchains.
👉 This table brings together most of all crypto hi-tech projects that will impact the future of blockchain infrastructures. No doubt that the majority of the biggest crypto nuggets can be found here.
Thx to @Victor_crypto_ for having created this ecosystem map.