The daily Leo 562 Today's post Is the new blockchain about to take center stage? I realized this and framed the post based on it.
Yes, new blockchain technology is increasingly taking center stage. Blockchain is currently revolutionizing not only cryptocurrencies, but various fields. Blockchain is a distributed ledger technology that does not rely on a centralized authority. It allows users to transact without intermediaries, thereby increasing transparency. Smart contract technology on blockchain, which automatically completes transactions, is growing in popularity day by day. This is especially useful in finance, logistics, and legal contracts. All these aspects indicate that blockchain is going to play a significant role not only in the economic system, but also in the digital and social infrastructure of the future.
Are New Blockchains About To Take Center Stage?
The Daily Leo #562
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Are New Blockchains About To Take Center Stage?
SUI, a Layer 1 blockchain developed by former Facebook engineers, shows potential for the next bull market. Launched about a year ago, SUI uses unique scalability features like parallel computing and boasts high transaction speeds.
While it faces challenges like an expensive gaming device, the project is also working on innovations like zkLogin for user onboarding. With its focus on scalability, governance, and adoption, SUI could be a standout in the altcoin market during the next bull run.
BNB chain announces gasless Stablecoin campaign
BNB Chain launched the "Gas-Free Carnival" from September 19 to November 20, 2024, removing transaction fees for stablecoin transfers like USDT and USDC across participating exchanges. This initiative aims to drive stablecoin adoption by eliminating gas fees, increasing transaction volumes, and attracting new users.
The campaign supports transactions on BNB Smart Chain and opBNB, with a daily limit of six free transfers per user. It is part of BNB Chain's broader effort to make stablecoins more accessible in everyday use.
My Recent Hive Trade went well with 10% Strategy
The author shares their recent experience trading Hive tokens, despite being new to trading. They sold 1000 Hive at a high price and bought it back 10% lower, earning 10% more Hive in three days.
Pleased with the result, they plan to continue using this safe approach and invite suggestions for improvement.
WEB3 – Grasping Hindsight From The Present
The post contrasts traditional social media with WEB3, emphasizing how legacy platforms cater to instant gratification, while WEB3 participants focus on long-term value creation through token accumulation. Drawing a comparison to early adopters of Manhattan real estate, the author highlights the foresight required to succeed in the evolving world of WEB3, likening it to predicting trends in the dot-com era.
The post concludes by noting that identifying winners in WEB3 requires patience and strategic investment across platforms, with a potential SoFi super cycle on the horizon.
Finally, the updates on the side of InLEO.
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