This project review as well as other reviews & free crypto guides can be read more clearly on my website: altcryptotalk.com/crypto-guides/
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2- #AllianceBlock is a blockchain-based ecosystem that was founded in 2018 by a team based in the Netherlands. @AllianceBlock is on a mission to bridge decentralised finance with traditional finance and they're doing a great job so far!
Well, banks and traditional financial institutions are very restricted from utilising #blockchain technology due to regulation issues and the billion-dollar question is, how do you go around that?
4- #AllianceBlock's blockchain-based ecosystem is made up of 7 modules that will help merge both trad-fi & #DeFi seamlessly. These 7 modules are:
5- - The Trustless KYC (Know Your Customer) & AML (Anti-Money Laundering) Identity Verification module
- The Cross Border Regulatory Compliance Rule Engine module
- Compliant P2P and NFT module
- Decentralised Finance investment terminal module
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- Data Tunnel module
- Pricing Engine module
- Blockchain Investment Data API module
These modules are separated into three layers, the #DeFi, Data and the Regulatory & Compliance layer. As one, they create the ultimate decentralised framework for the future of finance.
7- We recently spoke about #Hedera $HBAR in another thread and #AllianceBlock is creating a protocol on the #Hedera network that will enable them to utilise their powers of bridging traditional finance and decentralised finance, which #ALBT beholds.
8- #AllianceBlock is partnered with some of the largest centralised and decentralised companies, such as #Natwest, #Quant, #Hedera, #Polygon and many more! All of which must believe in the technology and the team behind #ALBT.
10- The native token is $ALBT which drives the entire #AllianceBlock ecosystem, as it is used to facilitate transactions, reward users who participate in the ecosystem and is also used as the network fee payment mechanism.
11- $ALBT will become increasingly more scarce as they use deflationary mechanisms that are integrated into their ecosystem, such as staking, liquidity providing and token burns that happen once or twice a year, during quarterly active-based or revenue-based token burns.
12- At the time of writing, the #AllianceBlock token $ALBT is currently hovering around $0.055 with its micro market cap of $25M! The $ALBT token has seen an All-Time High of $1.35 when it reached a market cap of $285M in July 2021.
13- @AllianceBlock is a gem that is not listed on many CEXs and has been building throughout the bear market of 2022, which leads me to believe at some point in 2023, we could see $ALBT listed on major CEXs like #Binance, #Coinbase or any of the other #CEX leaders.
12 years of existence and @litecoin is still going strong, let's deep dive into the second oldest #cryptocurrency.
This project review as well as other reviews & free crypto guides can be read more clearly on my website: altcryptotalk.com/crypto-guides/
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2- #Litecoin is a decentralised, open-source and peer-to-peer network that was originally forked from the #Bitcoin blockchain. #Litecoin is the second oldest #cryptocurrency which was created in 2011 by Charles Lee, a former Google engineer.
3- As #Litecoin is a fork of #Bitcoin, it shares many of the same features, however, it runs on a different mining algorithm and was originally designed to be more decentralised. When #BTC launched, Charles Lee felt $BTC was becoming heavily influenced by centralised authorities.
2- Let's start off with the infamous #TerraClassic, which saw its token at the time, $LUNA (now known as $LUNC) crash from $86 to under $0.01 in just 48 hours which caused $LUNA holders to lose a total of $60 Billion.
3- What happened? Well, over $2 Billion #TerraUSD $UST was unstaked from #AnchorProtocol and many millions of dollars swiftly became liquidated.
#TerraClassic still exists to this day and their community of #LUNAtics still believe in its future, but do you?
This project review as well as other reviews & free crypto guides can be read more clearly on my website: altcryptotalk.com/crypto-guides/
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2- @Algorand is a Proof-of-Stake (PoS) blockchain that was founded by Silvio Micali in 2017, who developed the whole protocol from scratch, focusing on decentralisation making $ALGO one of the time-tested #cryptocurrencies in this space.
3- #Algorand is designed to combine the powers of both traditional and decentralised finance by focusing on the #blockchains' three largest problems: security, speed and decentralisation!
What is a Consensus Mechanism and why are they so important within the #Crypto space?
This crypto guide as well as other free guides & project reviews can be read more clearly on my website: altcryptotalk.com/crypto-guides/
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2- Simply put, a Consensus Mechanism is a necessity for blockchain protocols as it allows the #blockchain to achieve agreements across a decentralised network of nodes/computers.
3- Doesn't matter if it is centralised or decentralised, everything needs some sort of authority. Well, the only way to pursue a decentralised world of finance and technology is by using consensus mechanisms like Proof-of-Stake (PoS) or Proof-of-Work (PoW).
What is a Smart Contract and how does it tie into #blockchain technology?
This crypto guide as well as other free guides & project reviews can be read more clearly on my website: altcryptotalk.com/crypto-guides/
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2- A Smart Contract is simply a self-executing programme stored on the #blockchain which controls, documents or executes actions or events taking place between a buyer and seller or two different entities.
3- How does a Smart Contract work?
Let's say a user goes onto a #DEX built on #Ethereum and the user wants to swap their $ETH for $MATIC tokens. The user will swap and interact with the Smart Contract built on the protocol.
I'm getting asked a lot lately about how to buy and sell coins on the #BNB chain, and how to set up Metamask, as I'm posting a lot of these coins.
So here's a thread explaining the basics of #Binance Smart Chain trading and how to use Pancakeswap.
Like/RT if it helped!
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First, you'll need to create a wallet that is compatible with the Binance Smart Chain. One option is to use a browser extension called Metamask, which is available for Chrome, Firefox, and Brave.
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After installing Metamask, you'll need to create a new account. Follow the prompts to create a secure password and backup your seed phrase. Make sure to keep your seed phrase in a safe place, as you'll need it to restore your account if you ever lose access to it.