Canadian bitcoin project

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11/01/2021

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Explaining Proof Of HistoryThe reason why Solana has quickly climbed up the ranks of blockchains in the DeFi space is it...
11/01/2021

Explaining Proof Of History
The reason why Solana has quickly climbed up the ranks of blockchains in the DeFi space is its efficient decentralisation mechanism involving proof of stake and proof of history. We are pretty well familiar now with proof of stake, but proof of history is a relatively new notion in the market.
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Solana has leader nodes: they put timestamps on blocks in the form of hashes – which, in their turn, create a sequential temporality as each hash encrypts the events that happened since the previous timestamp and certifies the passing of a certain interval. After the leader node timestamps a block, it propagates the block’s hashed timestamp to the validator nodes, which can verify the hash and then add the block to the blockchain.

The intricate detail about it is that the timestamps allow the leader nodes to synchronise transactions with the validator nodes in smaller batches called entries. The validator nodes can verify the entries from different blocks and allow them to form blocks that will be confirmed with consensus later. This mechanism is a valid alternative to sharding and delegation of validator nodes that creates a throughput capacity of over 50,000 transactions per second.

Soldex utilizes the Solana blockchain to overcome the common DEX problems.The project runs on the fastest blockchain wit...
11/01/2021

Soldex utilizes the Solana blockchain to overcome the common DEX problems.
The project runs on the fastest blockchain with the lowest fees.
The project presents AI-powered algorithmic trading for a decentralized exchange.
Over the last year, many assets have been hitting the market. Over 12,000 coins are currently being circulated on exchanges and swaps, to be exact. Technical issues have plagued this wave of assets since most of them are either ERC20 tokens or wrapped ERC20 tokens which rely on the ERC20 network regardless.

Efficiency

Soldex is a new exchange that utilizes Solana to overcome all the problems that DEX websites are currently facing, namely the poor performance that the ERC20 network is currently facing. Solana is more efficient, with a capacity to handle more than 50,000 transactions per second – often for less than $0.00001 per transaction – on the Solana network.

Liquidity

Decentralized exchanges have always been a second choice to centralized ones like Binance and FTX, namely for the liquidity of the assets, which causes slippage, and traders do not like slippage because it can simply ruin the entire trade. Soldex fixes this problem by incentivizing liquidity which most centralized exchanges do not even offer.

Secretum created a revolutionary and secure messaging and trading DApp.The DApp will set a standard for messaging and wi...
11/01/2021

Secretum created a revolutionary and secure messaging and trading DApp.
The DApp will set a standard for messaging and will be based in Solana.
Users who want to join the private sale can visit the Secretum website.
Telegram took the world by storm when it was first released in 2013. The brainchild of the Durov brothers, the founders of VKontakte, known as “Russia’s Facebook (NASDAQ:FB)”, the cloud-based app soon became a synonym for secure, end-to-end encrypted messages, and a wide range of channels and user-friendly features.

Telegram was an immediate hit and grew exponentially. From only 100,000 active daily users in October 2013, it reached 100 million in January 2016 and 500 million by the end of 2020. As of today, Telegram is the fifth most popular messaging app in the world.

Despite its success and growth, recent events have begun to put into doubt the reputation of Telegram as the go-to safe messaging app.

In June 2019, hackers were able to break into the Telegram accounts of thousands of top Brazilian officials, including President Bolsonaro. In March 2020, Telegram mistakenly exposed the data of 42 million users (user account IDs, phone numbers, and names).

Telegram suffered a massive data leak in August 2020 that exposed the personal data of over 500 million users. Cybercriminals were able to take advantage of Telegram’s chat scripting tools to hack bank account data. The cyber unit of the Chinese government claimed in 2018 to be able to hack into Telegram.

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