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Binance Angels
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We’re 150K+ strong. Now we want to hear from you. Tell us What wisdom would you pass on to new traders? 💛 and win your share of $500 in USDC.
🔸 Follow @BinanceAngel square account 🔸 Like this post and repost 🔸 Comment What wisdom would you pass on to new traders? 💛 🔸 Fill out the survey: Fill in survey Top 50 responses win. Creativity counts. Let your voice lead the celebration. 😇 #Binance $BNB {spot}(BNBUSDT)
$RIVER is still holding its ground very strongly and investors are still investing in it it's a very good project unlike many that first are hyped and then go de*d within months it's currently trading at $68 ATH of around $84 and all time low of $1.6 if you had invested $1000 in it at $2 your investment would be now $34,000+! 🔥
What if the safest computing system in the world, the Bitcoin system, is what holds the key to using digital dollars for everyone? Unlike the vast majority of blockchains, which seek to compete with or replace Bitcoin, Plasma, or XPL, "leverages" it. It is a niche Layer 1 blockchain, tailored as a fast, sidechain, specifically for the trillion-dollar stablecoin market. ## The "Bitcoin Sidechain" Edge The most unique technical feature in Plasma is the security model it employs. Unlike previous models, it's not self-existing; rather, it makes itself the strongest security anchor the world has seen. State Root Anchoring: Every few minutes, the "state," or the information about what each person owns in the Plasma network, is linked to the Bitcoin blockchain. This gives each new blockchain a level of censorship resistance that most of these blockchains lack. Trust-Minimized Bridge: Plasma has its own native bridge, and using the same, users can move BTC into the Plasma network in a trust-minimized way, effectively making Bitcoin an ‘active’ asset instead of its ‘passive’ role of being merely a store of value. Reth Execution: Under the hood of Plasma, there is a high-performance Ethereum client called Reth.
Could the blockchain technology of a specialized stablecoin type of cryptocurrency represent the “missing link” for the global digital payment system?
"Plasma, or XPL, is a L1 blockchain built on the principles of speed, cost, and reliability. It's designed specifically to be a global coin settlement layer, with specific plans, aspirations, and commitment to support only one kind of coin – the dollar, or the general category known as Stablecoins, specifically, USD₮ – or Tether."
"Our key innovations are the speed, the cost, making digital dollars flow like sending an email What makes PyCharm unique? What are Plasma separates itself from the rest by addressing the "gas fee friction" that usually deters users from transacting cryptos. Zero-Fee USD₮ Transfers - Using a protocol-level "Paymaster" system, network costs are free to users for USD₮ token transfers, removing any need to hold the native token for these fees.
"PlasmaBFT Consensus: Custom Byzantine Fault Tolerant consensus, enabling the network to process thousands of transactions per second (TPS), with sub-second finality."
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