What is Nibiru Chain? Nibiru Chain is a layer-1 blockchain that contributes to the development of#Web3technologies and aims for a user-friendly smart contract ecosystem. Additionally, it offers a significant ecosystem in the field of dApp development. The most striking feature of the project is its unlimited scalability and ease of leveraged transactions. Regarding unlimited scalability, Nibiru offers safer and easier trading thanks to Web Assembly smart contracts against network attacks in Ethereum. Nibiru Chain's native token is NIBI. This token allows staking users to directly participate in the network and support the Proof-Of-Stake (PoS) mechanism. At the same time, NIBI token, in addition to contributing to the security of the network, is also used as the gas fee for blocks created in the chain. The Giant Gas Royalty Mechanism in the NIBI token will allow users to automatically get back half of the ETH spent on the platform. In this way, sustainability will be ensured. The supply of NIBI token, which has not yet been released, is 1,500,000,000. The distribution was determined as community 60 percent, team 21 percent, private 10.5 percent and seed sales 8.5 percent.
Arbitrum finally distributed its highly anticipated ARB token to its most loyal users on March 23 last year. Since then, two more scaling solutions have joined the arena: zkSync and Polygon’s zkEVM.
All three projects mentioned above are various Rollups. StarkWare and Optimism also use rollup technology. These operate as a separate layer on top of the main network to relieve the burden of the Ethereum network. Instead of running work on Ethereum, these Layer-2 Rollups do all the same activities, such as cryptocurrency transactions or borrowing. Occasionally, evidence that these activities occurred (like what cryptocurrencies were bought and sold and who borrowed what) is compressed into a small piece of data. This small piece of data is then sent to the Ethereum network. This process helps scale Ethereum by reducing raw data clogging the network. However, there are differences in the designs of rollups. These boil down to zero knowledge (or “zk”) summaries or so-called optimistic summaries. StarkWare, zkSync and Polygon prefer ZK, while Arbitrum and Optimism prefer optimistic.
These two types of designs differ in the way compressed Layer-2 operations are verified. Using zero knowledge (ZK) information cryptography, Rollups leverage large amounts of computing power to compress the aforementioned pieces of data into evidence. Optimistic Rollups instead chooses to assume that every transaction made at Layer-2 is legitimate and valid, but provides a seven-day window in which users can challenge that validity. The distinctions between them may not be immediately apparent, but as zkSync's Rose points out, in a few years the field will likely look much different.
Will BTC rise or fall? After a 43% increase last month, BTC price has been flat for a day. The price is currently trading at $62,046, and in the last 24 hours the lows and highs were recorded at $61,221 and $63,155 respectively. Additionally, the trading volume decreased by 31%, indicating a decrease in investor interest. Recent reports suggest that a potential correction in BTC price following the#Bitcoinhalving would drop to $42,000, offering investors another opportunity to buy the dip. According to Coinglass data, Bitcoin futures and options open interest (OI) is at record levels. Total futures OI increased by over 1% to $27.26 billion. Despite the high funding rates of Bitcoin options, Coinglass continues to predict that the Bitcoin price will reach $100 thousand.
ARB will unlock 2.2 billion tokens worth $1.1 billion this month. The unlocks will take place on March 16. This amount corresponds to 87.20 percent of the supply in circulation.
March 3 This month, 34 million tokens worth $58 million will be unlocked in SUI. Lock openings will take place on March 3. This amount will correspond to 2.97 percent of the supply in circulation. March 13 This month, 24 million tokens worth $290 million will be unlocked on APT. Lock openings will take place on March 13. This amount will correspond to 6.76 percent of the circulating supply. March 17 APECoin (APE) will unlock 15 million tokens worth $30 million this month. Lock openings will take place on March 17. This amount will correspond to 2.61 percent of the supply in circulation.
March 18 Manta Network (MANTA) will unlock 7 million tokens worth $18 million this month. Lock openings will take place on March 18. This amount will correspond to 2.66 percent of the circulating supply. March 19 This month, 54 million tokens worth $26.8 million will be unlocked in Pixels (PIXEL). Lock openings will take place on March 19. This amount corresponds to 7.05 percent of the supply in circulation. This month, Yield Guild Games (YGG) will unlock 16 million tokens worth $12.28 million. Lock openings will take place on March 19 and this amount will correspond to 5.51 percent of the circulating supply. March 22 This month, 34 million tokens worth $109.7 million will be unlocked in the Immutable (IMX) project. Lock openings will take place on March 22. This amount will correspond to 2.46 percent of the supply in circulation. Space ID (ID) will unlock 78 million tokens worth $45 million this month. While the lock openings will take place on March 22, the tokens to be opened will correspond to 18.23 percent of the supply in circulation.
How to shop online with crypto currencies?#Cryptocurrenciesare a payment method that has gained popularity in online shopping transactions in recent years. Cryptocurrencies enable anonymous and secure digital money transfers, replacing traditional banks and centralized institutions. You can follow the steps below to shop online using cryptocurrency. 1. Create a Wallet: The first step is to create a cryptocurrency wallet. There are many different wallet providers (Metamask, Trust wallet) and you should choose one of them. Creating a wallet is usually free and takes a few minutes. 2. Add Cryptocurrency to Your Wallet: After creating your wallet, you must purchase a cryptocurrency or transfer an existing cryptocurrency to your wallet. This transaction is usually done through a cryptocurrency exchange or exchange. 3. Choose an Online Seller: Choose an online seller or platform that accepts payments in cryptocurrencies. Merchants who accept cryptocurrency usually indicate this on their website or app. There are some important points you should pay attention to when shopping online with crypto currencies: * Security: While wallets used to store cryptocurrencies are generally unhackable, it is important to keep your wallet and private keys safe. You can add an additional layer of security to your wallet by using dual-factor authentication and a strong password. * Privacy: Purchases made with crypto are generally anonymous and you do not need to share personal information. In this way, it helps you protect the privacy of your online purchases. * Value Fluctuations: Cryptocurrencies often experience rapid value fluctuations. Therefore, it is important to consider instantaneous price changes when trading cryptocurrencies.