Unichain could raise $468m a year for Uniswap Labs and UNI token holders: DeFi Report..

 Unichain could raise $468m a year for Uniswap Labs and UNI token holders: DeFi Report

Founder of DeFi Report, Michael Nadeau, concluded that Uniswap’s upcoming layer 2 solution, Unichain, could bring in more value for Uniswap Labs and its token holders.

In an Oct. 14 X post, Michael Nadeau, the founder of DeFi Report, stated that Uniswap Lab’s latest layer 2 solution, Unichain, could potentially earn them nearly $500 million a year from settlement fees that would otherwise be paid to the Ethereum network.

He explained that the protocol will no longer have to pay a settlement fee of $368 million to Ethereum(ETH) validators once they launch Unichain. Instead, the funds will go to Uniswap Labs and most likely UNIUniswap

uni

-5.12%

Uniswap token holders.

In addition to the settlement fees, Uniswap could potentially reap benefits from staking maximal extractable value, which is the maximum value miners or validators can get from rearranging and reordering transactions waiting to be added to the blockchain.

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Bitcoin crosses $67k to hit 2-month. Omg

 Bitcoin crosses $67k to hit 2-month high.

Bitcoin rallied to just shy of $68,000 on Oct. 15 as spot BTC exchange-traded funds attracted the most single-day capital inflows in over four months.

Bitcoin Bitcoin

btc

1.86%

Bitcoin notched a two-month high with its leap above $67,000, marking its highest price point since late July. Data from crypto.news price pages confirmed that BTC surged to $67,800 before retracing below $66,000 at press time.

The sudden price hike pushed crypto liquidations beyond $300 million in the last 24 hours. According to Coinglass, most of these positions were short-BTC or traders expecting much lower market prices. More than $145 million in short liquidations earlier suggested a market spike was inbound.

Despite a rocky start to October, Bitcoin performs well seasonally during the year’s fourth and final quarter. The $1.2 trillion asset has returned over 22% on average in the last three months in eight different years.

Bitcoin also experienced a price boost in two previous pre-election cycles, once in 2016 and again in 2020. BTC doubled and tripled, respectively, usually starting its ascent weeks before the U.S. presidential election and setting a new all-time high in early Q1 the following year.

Former President Donald Trump gained his widest lead over electoral rival Kamala Harris on Polymarket’s on-chain prediction platform. The gap stretched to over 13.5%, while similar data showed a 10% difference on competitors like Kalshi.

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Top 3 cryptos to buy now at low prices.

 Top 3 cryptos to buy now at low prices: Chainlink, Solana, SUI, and Cybro

Some digital coins are trading at historic lows, presenting potential bargains. Discover three promising cryptocurrencies set for a rise.

SOL: Exploring the potential of solana’s high-capacity network

Solana (SOL) is a blockchain platform known for its focus on scalability. It provides a foundation for developing decentralized applications. Solana’s technology allows for faster transactions, drawing interest from developers. The SOL cryptocurrency plays a key role in this ecosystem. It enables transactions and supports diverse projects within the network.

Unlike some competitors, Solana opts against sharding, relying on its infrastructure to handle significant activity. This makes Solana a choice for developers who need a robust platform for their projects. With a flexible approach to programming languages, Solana continues to capture attention. Its capacity may attract more developers and investors, positioning SOL as a central asset within its growing network.

2...

Chainlink: Bridging blockchains and real-world data for smart contracts

Chainlink is a decentralized network that connects smart contracts with external data sources. It allows blockchain applications to access real-world information like APIs and systems safely. This network uses a three-step process: gathering data through oracles, verifying that data for accuracy, and delivering it to smart contracts. With its on-chain and off-chain design, Chainlink efficiently processes external data needs.

The LINK token plays a vital role in this ecosystem by rewarding data providers, enabling network security through staking, and facilitating payments for services. By bridging blockchains and real-world data, Chainlink enhances the utility of smart contracts, offering promising potential for a more connected and interactive blockchain experience.

3....

Sui: A user-friendly blockchain with scalable innovations

Sui is a layer-1 blockchain platform that focuses on global adoption. It offers a secure and powerful development environment. Sui uses a special data model and the Move programming language. These help fix issues common in other blockchains. The technology includes zkLogin, sponsored transactions, and programmable transaction blocks. These features make blockchain interactions easier for users. Sui aims to

improve user experience in Web3 by lowering entry barriers. This could make applications more accessible and friendly. Sui’s strong technical base and focus on user experience offer a promising foundation for altcoin enthusiasts and developers alike...

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Ethereum crypto currency Details.

 Price.. 2.522.37 (usd)

Launch Date: Ethereum was proposed in late 2013 and launched on July 30, 2015.

price of Ethereum is $ 2,535.73 per (ETH / USD)

Founder: Vitalik Buterin, along with a team of co-founders including Gavin Wood and Joseph Lubin.

Consensus Mechanism: Ethereum transitioned from Proof of Work (PoW) to Proof of Stake (PoS) with the Ethereum 2.0 upgrade, known as the Merge, which was completed in September 2022.

ETH Token

Ticker Symbol: ETH

Total Supply: Unlike Bitcoin, Ethereum does not have a fixed supply. As of now, it operates with an inflationary model, but the issuance rate has decreased significantly after the transition to PoS.

Utility: ETH is used to pay for transaction fees (gas) on the Ethereum network, as well as to participate in network governance and staking.

Wallets

ETH can be stored in various types of wallets:

Software Wallets: Such as MetaMask, Trust Wallet, and MyEtherWallet.

Hardware Wallets: Like Ledger and Trezor, which offer enhanced security.

Exchange Wallets: Available on exchanges where ETH is traded.

Market Information

Trading: ETH is traded on virtually all cryptocurrency exchanges, including Binance, Coinbase, and Kraken.

Price Volatility: ETH, like other cryptocurrencies, experiences significant price fluctuations.

Key Features

• Smart Contracts: Ethereum allows developers to create self-executing contracts with the terms directly written into code, facilitating trustless transactions.
• Decentralized Applications (dApps): The platform supports a wide range of dApps, from finance (DeFi) to gaming and beyond.
• Token Standards: Ethereum has introduced various token standards, such as ERC-20 (fungible tokens) and ERC-721 (non-fungible tokens or NFTs).

Recent Developments

Ethereum 2.0: The upgrade aimed at improving scalability, security, and sustainability through the shift to PoS and sharding in future phases.

EIP-1559: Introduced a new fee structure to improve transaction pricing and included a deflationary mechanism by burning a portion of transaction fees.

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What is trx crypto.

 Trx Price 0.16USD

Launch Date: TRON was launched in September 2017.

Founder: Justin Sun, a prominent figure in the crypto space.

Consensus Mechanism: Delegated Proof of Stake (DPoS), which allows TRX holders to vote for representatives (Super Representatives) who validate transactions and create new blocks.

TRX Token

Ticker Symbol: TRX

Total Supply: Initially 100 billion TRX, with a portion burned over time.

Utility: TRX can be used for transaction fees, staking, and participating in the TRON ecosystem's governance.

Wallets

TRX can be stored in various wallets, including:

TRON Wallet: Official wallet developed by the TRON Foundation.

Hardware Wallets: Like Ledger and Trezor for enhanced security.

Exchange Wallets: Available on exchanges where TRX is traded.

Key Features

Decentralization: TRON aims to eliminate intermediaries in content sharing, allowing users to publish, store, and own data.

Smart Contracts: TRON supports the development of decentralized applications (dApps) through its own programming language, Solidity, similar to Ethereum.

High Throughput: TRON can handle thousands of transactions per second, making it suitable for high-traffic applications.

Market Information

Trading: TRX is available on numerous cryptocurrency exchanges, including Binance, Huobi, and Kraken.

Price Volatility: Like other cryptocurrencies, TRX experiences significant price fluctuations.

Community and Development

Active Community: TRON has a large and active community that participates in development and governance.

Partnerships: TRON has formed partnerships with various companies and projects to enhance its ecosystem.

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Bitcoin Full Details.

 The price of Bitcoin (BTC) is $63839.79 (USD)

Biggest market of btc.

Launch:

 Bitcoin was introduced in a white paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System," published by an anonymous entity known as Satoshi Nakamoto in October 2008 and released in January 2009.

Blockchain Technology:

Bitcoin operates on a decentralized public ledger known as the blockchain, which records all transactions across a network of computers (nodes).

The blockchain is maintained through a consensus mechanism called proof-of-work, where miners validate transactions and add them to the blockchain by solving complex mathematical problems.

Supply and Mining:

The total supply of Bitcoin is capped at 21 million coins, making it a deflationary asset.

New bitcoins are created through a process called mining, where miners are rewarded with newly minted bitcoins for solving cryptographic puzzles. The reward halves approximately every four years in an event called the "halving."

Security and Anonymity:

Bitcoin transactions are pseudonymous, meaning that while transaction details are public, the identities of the users behind the addresses are not directly tied to their real-world identities.

The network is secured by a large number of miners and nodes, making it highly resistant to attacks.

Market Position:

• Bitcoin is the first and largest cryptocurrency by market capitalization and is often viewed as the benchmark for the entire crypto market.
• It has experienced significant price volatility since its inception, with substantial price increases and corrections over the years.

Current Developments:

• Innovations like the Lightning Network aim to improve transaction speed and reduce costs.
• Bitcoin continues to evolve, with ongoing discussions around upgrades, regulatory frameworks, and its role in the global financial system.

SHIB whales move 3 trillion tokens amid price.

SHIB whales move 3 trillion tokens amid price. $0.03846

Shiba Inu (SHIB) is a cryptocurrency that gained popularity as a meme coin, similar to Dogecoin. Here are some key details about the Shiba Inu token.

Launch: Shiba Inu was launched in August 2020 by an anonymous person or group known as “Ryoshi.”

Tokenomics:

The total supply of SHIB was initially set at one quadrillion tokens.

A significant portion of the supply (50%) was sent to Ethereum co-founder Vitalik Buterin, who later donated a large part to charity and burned a substantial amount, reducing the circulating supply.

Blockchain: SHIB is an ERC-20 token, meaning it operates on the Ethereum blockchain.

Market Position: SHIB has experienced significant price volatility and hype, often driven by social media trends and community engagement.

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