#BinanceWordOfTheDay #binancewodl | Maxwell8188 on Binance Square

Trending Articles

Bookmarked and Liked

--

#BinanceWordOfTheDay #binancewodl 
PRICE

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

89,790.03

+0.12%

386

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@maxwell-66c194d5c3bd

Explore More From Creator

@0xPolygon #Polygon $POL polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. To learn more about this project, check out our deep dive of Polygon Matic. Using Polygon, one can create optimistic rollup chains, ZK rollup chains, stand alone chains or any other kind of infra required by the developer. Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc. with the advantages of Ethereum’s security, vibrant ecosystem and openness. The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance. Polygon (formerly Matic Network) is a Layer 2 scaling solution backed by Binance and Coinbase. The project seeks to stimulate mass adoption of cryptocurrencies by resolving the problems of scalability on many blockchains. Polygon combines the Plasma Framework and the proof-of-stake blockchain architecture. The Plasma framework used by Polygon as proposed by the co-founder of Ethereum, Vitalik Buterin, allows for the easy execution of scalable and autonomous smart contracts. Nothing will change for the existing ecosystem built on the Plasma-POS chain. With Polygon, new features are being built around the existing proven technology to expand the ability to cater to diverse needs from the developer ecosystem. Polygon will continue to develop the core technology so that it can scale to a larger ecosystem. Polygon boasts of up to 65,000 transactions per second on a single side chain, along with a respectable block confirmation time of less than two seconds. The framework also allows for the creation of globally available decentralized financial applications on a single foundational blockchain.

--

#Hemi $HEMI @Hemi Hemi aims to resolve Bitcoin’s programmability limitations by embedding Ethereum’s smart contract capabilities directly into Bitcoin’s infrastructure. Unlike typical Layer-2 solutions that treat Bitcoin and Ethereum as separate ecosystems, Hemi’s “supernetwork” approach enables developers to build applications that natively interact with both chains (CoinMarketCap). This unlocks Bitcoin’s $2.3 trillion market cap for DeFi use cases like lending, staking, and synthetic assets while retaining Bitcoin’s security. Technology & Architecture Hemi Virtual Machine (hVM): Embeds a Bitcoin node within an Ethereum Virtual Machine, allowing smart contracts to directly access Bitcoin’s state (blocks, transactions) without relying on wrapped tokens. Proof-of-Proof (PoP) Consensus: Inherits Bitcoin’s security by anchoring Hemi’s state proofs to Bitcoin’s blockchain, achieving “superfinality” in ~90 minutes. Tunnels: Secure cross-chain bridges for asset transfers between Bitcoin, Hemi, and Ethereum, minimizing reliance on third-party custodians (The Block). Tokenomics & Governance HEMI has a fixed supply of 10 billion tokens, with allocations for ecosystem incentives (32%), investors (28%), team (25%), and a foundation (15%). Its utility includes: - Governance: Voting on protocol upgrades. - Security Incentives: Rewarding PoP miners who secure the network. - Future Gas Fees: Expected to replace ETH for transaction costs post-mainnet maturity (CoinDesk).

--

#Dolomite @Dolomite $DOLO Dolomite (DOLO) is a next-generation DeFi protocol that integrates a decentralized exchange with a money market, offering users the ability to engage in over-collateralized loans, margin trading, spot trading, and more. Its unique virtual liquidity system allows for capital efficiency, enabling users to maximize the utility of their assets by earning lending yields while simultaneously participating in trading activities. How Dolomite (DOLO) Works 1. Integrated DEX and Lending Protocol Dolomite stands out by combining the functionalities of a DEX and a lending platform. Users can engage in spot trading, margin trading, and over-collateralized lending, all within a single interface. This integration allows for seamless transitions between trading and lending activities, enhancing user experience and capital efficiency. 2. Broad Token Support One of Dolomite's distinguishing features is its extensive token support. The platform can list thousands of assets, including non-standard tokens like staked LP tokens and yield-bearing assets. This broad support provides users with diverse options for portfolio management and strategy implementation. 3. Capital Efficiency through Virtual Liquidity Dolomite introduces a virtual liquidity system that enables users to maximize the utility of their assets. For instance, assets deposited can simultaneously earn lending yields and participate in trading activities. This dual functionality ensures optimized returns across multiple avenues. 4. Modular Architecture The platform's architecture comprises two primary layers: an immutable core layer and a mutable module layer. This design allows for adaptability, enabling Dolomite to integrate new features and respond to evolving DeFi trends without compromising its foundational stability.

--

@OpenLedger #OpenLedger $OPEN Open Custody Protocol (OPEN) provides a modular and permissionless custody solution for digital assets. It connects various key management technologies, such as Multi-Party Computation (MPC), dMultisig, and Hardware Security Modules (HSMs), to web3 applications. This integration simplifies the management and security of private keys. OPEN uses a unique relayer mechanism to link applications with the custody protocol. This setup functions like a mesh network, allowing users to access a range of key management solutions. The protocol supports "Keychain Aggregation," so it harmonizes different key management methods, making it easier for developers to build secure applications without dealing with complex integrations. The $OPEN token plays a crucial role in this ecosystem. It is used for economic transactions within the protocol, providing incentives for users and developers. OPEN token holders can participate in staking to earn rewards and contribute to the protocol's liquidity pools.

--

@BounceBit #BounceBitPrime $BB BounceBit is the first native BTC restaking chain launched in 2024. It is designed to reimagine Bitcoin's value by leveraging Proof-of-Stake (PoS) Layer 1 ecosystem. This infrastructure enables users to restake their BTC, creating a foundational layer for various restaking products. Unlike traditional Bitcoin protocols, BounceBit integrates centralized finance (CeFi) and decentralized finance (DeFi) models to offer a versatile and resilient network that enhances the intrinsic value of Bitcoin. Built on a dual-token system involving BTC and the native BounceBit token (BB), BounceBit provides an asset-driven approach to Blockchain technology. This unique framework not only strengthens network security but also allows BTC holders to play an active role in validating the BounceBit network. By incorporating interoperability with Ethereum Virtual Machine (EVM)-compatible chains, BounceBit diversifies the use cases for staked BTC, encouraging broader participation in the Web3 ecosystem.

--

Latest News

NVIDIA CEO Discusses Bitcoin's Role in Energy Conversion

--

Quantum Computing's Threat to Cryptography Overstated, Report Finds

--

Bitcoin Activity Indicators Suggest Market Cycle Continuation

--

Bitcoin Faces Urgent Need for Quantum-Resistant Signatures

--

Bitcoin's Comparison to Historical Tulip Bubble Inappropriate, Analyst Says

--

Trending Articles

🔥 The Truth Behind $LUNC — The $119 Confusion Explained 🔥

Shamser-Ali-100100

hey guys new event on binance wallet c[👉join claim your r

BREAKING: BITCOIN WASN’T DEFEATED IT WAS CAPTURED. Wall S

Bitcoin Gurukul

$SOL: THE FINAL WARNING SHOT Entry: 132 🟩 Target 1: 200 🎯

🚨🚨 LUNC ISN’T DONE — IT’S REBUILDING! 🔥🔥 Here’s what’s a

Cookie Preferences

Cookie Preferences