Bitcoin pulse, guides and news: 12/08/21

Wednesday, December 8, 2021

$WOOF is popping off

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Not Financial Advice, just an awesome upcoming crypto with great utility and even greater community

An All-Inclusive Community

I’m sure we all know of the massive popularity meme coins got on the bitcoin blockchain that eventually trickled into the ethereum blockchain, which will most likely trickle into the Solana blockchain as Solana is one of the fastest blockchains (50,000 TPS currently) and cheapest blockchains. Some may have missed those popular coins, but there is still a great opportunity to come join the WOOF community.

What is WOOF?

WOOF is a dog meme token on the Solana ecosystem that is loaded with utility. WOOF initially launched with 1 trillion total supply, but burned 98% of the supply leaving WOOF with a circulating supply of 17.9B tokens & ~25M Market cap (estimate). As of right now WOOF has an NFT collection, NFT marketplace (in work), and Decentralized Exchange (DEX). With P2P trading (escrow service) & P2P NFT exchange currently in the works. I understand there are places like yawww where you can P2P trade NFTs, but what if you could trade NFTs, buy & sell NFTs, and swap tokens all in one place? Many popular meme tokens start off with no real utility, meanwhile WOOF is already loaded with utility from the start.

What’s going to make a coin successful?

I truly believe the biggest factor in successful coins is the community. The community markets better than anything else, the community is what supports the coin the most, and ultimately makes the coin successful. Although the WOOF community is small (27K members), I have not seen a dedicated community like WOOF has been able to bring together which is truly remarkable (especially this early on). Many of WOOFs whales were early SHIB investors and they have also attested that the WOOF community is very dedicated and overall active community for a project this early in its stage. The WOOF community is always willing to welcome anyone to come join the WOOF discord to interact with WOOF members regardless if you’re a new investor or you just have questions.

Diamond Handed Dedication

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Woof has been able to retain 98.5% of holders even through extremely volatility (Woof is currently down 80% from ATH) and are net positive 7000 holders for the month. So come join Woof, and it’s insane 27K Diamond Handed community. The current market cap of WOOF is around ~20M which means WOOF is 1200 times smaller than the most popular meme coins on the market (a lot of room for growth and potential).

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What can be seen in this chart from WOOF peaked around 0.0055 dropped to 0.0015 sustaining a 70% loss over just 9 days (generally due to low volume), meanwhile WOOF holders have generally held fairly steady only losing 262 holders a few days following (has already been recovered). Woof is still net positive over 7,000 members for the month even though WOOF is back where were it was just a few weeks ago price wise. It goes to show that the WOOF community truly believes in WOOF and have very strong hands that do not wither over normal volatility that is seen in small market cap coins.

Building a community through transparency and distribution

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I am sure everyone within this crypto community is very aware of “rug pulls” or when developers hold a vast majority of a specific coin or token just to absolutely ditch the project when they feel like they’ve made enough money leaving investors with nothing but a useless online coin. WOOF Solana takes a lot of pride in saying that it has an amazing wallet value distribution amongst WOOF holders. No singular person holds more than 2% of Woof and the largest WOOF holder is an active member amongst the community as well (they are not a developer or apart of the development team). For a rug pull to occur within the WOOF community would take a lot of conspiring and most likely not work because at this current time WOOF is split roughly 50/50 on value distribution amongst holders who own less than 10M and those that have more than 10M.

The development team is also very transparent about the upcoming projects, community events, as well as treasury funds. The WOOF community goal is to build the strongest community possible through trust, communication, and transparency.

WOOF Whales know best

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Whales are generally known as the “smart money” within a lot of financial markets. They are the ones who buy low (and early) and generally sell high. WOOF whales (+100M WOOF holders) have tripled their exposure over the month of November despite the price action and volatility. It goes to show big holders are not going to dump their position, but rather triple down on their position as the chart shows. It’s also why they are the largest holders within WOOF (value distribution is still intact).

Why use the WOOF DEX or NFT Marketplace?

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When utilizing other DEXs or NFT marketplaces a lot of the fees end up being given to the marketplace as profit, however when it comes to WOOF NFT Marketplace or DEX the fees are going to be recycled throughout the community, whether it be used for marketing WOOF, exchange listings, or community rewards (overall betterment of the community).

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WOOF NFT Marketplace will also be an aggregator, which means it will be able to pull from all NFT Marketplaces on the Solana Blockchain. You no longer have to jump across multiple marketplaces to view all the NFTs for sale within a collection. With the WOOF Decentralized Exchange, NFT Marketplace, and P2P trading you will be able to swap coins, shop all Solana based NFTs, and trade reliably all in one place! Did I also mention a portion of your transaction fees will also go to charity?

Making life better for the Goodest Boys (WOOF Charity Initiative)

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WOOF has already began making donations to charities that are willing to accept cryptocurrency to make life better for dogs and wolves (they WOOF too!). WOOF has donated to 4 different organizations (Southeastern Guide Dogs, Mission K9 Rescue, Wolf Trap Animal Rescue, and Muttvile Senior Dog Rescue) totaling up to $10,000. We are furthering encouragement of cryptocurrency usage through donations and doing great things for the animals as well. WOOF has also stated that this only the first of many donations to come and that they have specified a wallet that will collect 2% of the fees for future donations! With every transaction 2% of it will go to a charity.

WOOFERS NFT & WOOF DAO

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With a purchase of WOOFERS NFT gains you access into the WOOF DAO. For those of you unfamiliar with a DAO (Decentralized Autonomous Organization), a DAO allows for the people to anonymously vote on organizational decisions so the organization is no longer governed or manipulated by a central group or person. The only way to gain access to the WOOF DAO is by purchasing a WOOFERS NFT through minting on initial launch or on a secondary marketplace and verifying you own an NFT within your wallet.

The benefits of being in the DAO is having voting rights on future direction of the group. The people ultimately choose the direction of the group and token. Every verified NFT holder has an opportunity to shape the future of the organization they are verified in. The only downside of the DAO is that it is ran on the premise of majority vote.

Will WOOF Solana be the next big Dog Coin?

CMC

The Katy Perry NFTs are not going to be as bullish as people think

Just some thoughts i had. The vast majority of Katy Perry fans are in America, and most of her fanbase is either Gen X or millennials. I feel like the majority of Gen X is still just beginning to even understand what bitcoin is, let alone theta. Millennials will probably not be interested in buying them. Theta and tfuel are not exactly easy to aquire in america, you many people have to go through multiple exchanges and conversions in order to aquire theta and tfuel if you want to avoid expensive exchange fees.

This is going to be something very new for many Gen X people, and i have a strong feeling that many of the Katy Perry NFTs will be quickly bought up by NFT flippers and not her actual fans, before relisting them several times above the cost they originally sold for. This event is going to leave many fans turned off from theta. The theta and tfuel prices will probably increase due to more investors, but the average person will probably be turned off from the expensive and complicated process of buying and selling on the platform.

What do you guys think?

70s volcano mining on mobile

Hello friendos. One issue I've had with KoL is missing out on adventures when out visiting family/friends/waking up 5 minutes before RO. At that point I must make a decision: do I just skip the day? Or do I try and get some farming done while that RO counter ticks down?

Well, I thought it would be fun to try out something different: why settle for 0 MPA when mining gives you approx 3.4k and it's fully scripted? Since a general purpose machine must be slower than a single purpose one, I went ahead and reimplemented the volcano mining script as a mobile app. This app spends less than a second per adventure and had an MPA of 3.4k over 8406 adventures.

Things to note:

It does not collect the free velvet volcoino. I couldn't get that to work consistently.
It doesn't collect the quest based volcoino either. I'm not even going to try to do that. Log in on the web to do that.
It doesn't auto-equip the volcano outfit- you can equip the outfit from inside the app
It expects you to have enough hot res. If not, it'll fail and tell you to get some.
You can eat and drink and spleen, but this is meant more for the "let me burn adventures mining today because it's late" case rather than daily usage. I can't rewrite mafia, and this won't reasonably be a replacement for mafia or web.
should be accessible using a screenreader- I made some changes to support that explicitly, but tell me if there are issues.
It's not localized, but you already speak English so I can be lazy here.
It doesn't constantly update HP/MP/advcount, etc, so if you eat something using a chat command, you might need to press the refresh button to force a refresh. I much prefer this to always making a call to status.php until I know how much usage this app gets
Uses a defined apiname for easy blocking by TPTB

Ideally this would have been ready by Thanksgiving, but I was busy. There are still more real life world events coming, so we should be fine though!

The app is free, open source, and on the Amazon App store where they made me rename so people didn't think it was a bitcoin miner (Google Play review pending for 3 years, I doubt it will happen any time soon). You can also sideload from the releases section in github. In theory this works on iOS as well, but I don't want to blow a $100/year fee for this- if you have iOS development set up, feel free to build the app yourself. It should work (in theory).

The UI sucks a bit, but I never said I was a good designer. Hope you enjoy the KoL themed UI under settings though!

Popularization of Encryption Knowledge: What are cold wallets and hot wallets?

What is a wallet?

A wallet is a tool for storing and using digital currency. One coin corresponds to a wallet. Used to store currency, or "transaction" currency.

Cold wallet

A cold wallet is a wallet that is not connected to the Internet, also called an offline wallet.

Hot wallet

A hot wallet is a wallet that stays online, that is, an online wallet. Cold wallets are safer than hot wallets if they are not connected to the Internet.

The average person does not actually need such a professional and safe cold wallet, just use a hot wallet.

However, the platform for issuing the currency must be used. A series of theft events such as "Ethereum forked Ethereum for the most stolen currency" and "Bitcoin virus extortion" are enough to prove the "importance of offline wallets". . When you don’t need to use coins, put the coins in the cold wallet and cut off the Internet connection, so that even hackers will have no way to attack and steal your coins. Because no one can guarantee the absolute security of the Internet 100%, in order to stolen digital currency, you can store the currency in a cold wallet, and then transfer it to the hot wallet when you need it.

What is a wallet address?

Think of the wallet address as a bank card number, and others can send money to your wallet address. Generally, addresses and private keys appear in pairs, and their relationship is like a bank card number and password. The address is like a bank card number to record how many coins you have in the wallet address. We can simply understand the wallet address as the bank card number, and the private key of the wallet address as the password of the corresponding bank card number. Only when you know the bank password can you use the money on your bank card number. Therefore, please keep your address and private key when using the wallet.

What is a public key?

Public key is a concept in cryptography, which is obtained through an algorithm. Generally, public key and private key appear in pairs. For example, you want to send me a message, and the content of this letter is confidential. You use my public key (public key for short) to encrypt and send the letter, and only with my private key (private key for short) can you see the content of this letter. In other words, you are only acting as a postman, and only the person who keeps the private key can see the content of this letter.

What is a private key?

According to the concept of address and public key, it is easy to understand what a private key is. You can think of it as your bank card password.

Note: Be sure to keep your private key, because once you lose it, your coins are really gone and you will never be able to find them back. The address and private key can be backed up for offline storage.

Free £10 of Bitcoin from Luno - No Deposit or purchase necessary - Uk only

I am a member of Bitcoin Pioneers; a group who work in association with Luno to support Bitcoin adoption and education in the UK. My Bitcoin Pioneers’ referral code BPKSteele10 gives you £10 of Bitcoin when you sign up to Luno (UK and 18+ only). You don’t need to deposit any money or buy crypto to get your £10 of Bitcoin using my code.

Luno is an established crypto exchange founded in 2013 with their HQ in London. Luno’s app is used by over 9 million people in 40 countries. The app is really easy to use and ideal for beginners. I signed up in February and Luno has become the crypto exchange I use most due to the low trading fees; which rival Binance. I’ve found that Luno’s support team are really helpful and quick to respond if you have any questions. https://www.luno.com/en/features

This offer also gives you access to a Bitcoin webinar with a Q & A that explains why Bitcoin is important and what might happen next - just select yes to marketing when you sign up (you can change the setting anytime). The next event is on 15th December at 6pm.

Luno was founded in 2013, London HQ and their support team are really helpful if you have any questions. GBP deposits & withdrawals are free and it's free to trade using Luno’s Exchange (using a limit order). The minimum buy or sell on Luno is 0.0005 of Bitcoin so at the current price you can buy or sell approx £25 of Bitcoin.

Steps:

Download Luno’s app or tap https://www.luno.com/signup, enter your email address and password then select “Sign up”.
Verify your account before you enter my code - go to profile//settings//verification to upload photo ID e.g. passport / drive lic and selfie. Verification usually takes minutes.
Tap the ‘Rewards’ tab, select ‘Enter a Code’ and type in BPKSteele10 - your £10 worth of Bitcoin will be credited instantly.

If you want to you can create a savings wallet on Luno and put your Bitcoin into your savings wallet and you will earn approx 4% interest per annum.

Feel free to share my code with others, my code doesn’t expire and anyone can use my code to get £10 of Bitcoin.

Ethereum developer sees crypto impacting 'every corner of society' I’m long-term 116.70+ ETH, 115 ETH staked at 4.5% APR in ETH2 rewards, and HODL to riches!!! GLTA!!!

When people hear about cryptocurrencies, they think about alternative forms of money.

But Lane Rettig, one of Etherium’s (ETH-USD) former core developers, says crypto could change everything – from the way businesses are formed and run, to how tickets are purchased for sporting events and concerts, and how salaries are paid.

“It’s the beginning of a new economy that creates value for people everywhere,” Rettig told Yahoo Finance in an exclusive interview.

“Crypto will have a profound and long-lasting impact on our lives. What we’ve seen so far is relatively superficial. The social impact is just beginning. It’s going to impact every corner of society in our daily lives,” he added.

Although head-spinning volatility has come to be cryptocurrency’s defining characteristic, Retting thinks it’s very early – likely the first inning – for the sector. He likened it to 1980, just before Apple introduced the Mac.

“So, we’re a year or two away from it being more user friendly,” he said.

Crypto could spur a whole new generation of entrepreneurs and start-ups by making it drastically cheaper and easier to start a company. If small businesses are the backbone of the U.S. economy, crypto could cause them to rocket, fueling growth.

My All ETH Portfolio - 1 Week Performance. HODL to Riches!!! GLTA!!!

The promise of DAOs

Rettig pointed to a decentralized autonomous organization (DAO) as the key to a potential entrepreneurial explosion. DAOs are organizations based on the blockchain designed to be automated and decentralized, using smart contracts in place of traditional corporate structures.

The idea is that the organization becomes democratized, run by those who purchase and hold tokens in the organization as opposed to a chief executive officer or board of directors.

To be sure, the sector has had its share of controversy. Last week, one prominent organization called BadgerDAO was at the center of a Bitcoin (BTC-USD) heist that cost crypto lender Celsius Network tens of millions.

But according to Rettig, DAOs are the new limited liability company or joint stock corporation – a social innovation from a couple hundred years ago that completely transformed the world. “I think DAOs are the next step in the evolution of human organization and I think it’s a generational shift that will take decades to play out.”

Rettig just created a DAO for a project to help social investment in Africa, which has more than 100 stakeholders based in different countries, spanning Europe, Africa and North America.

According to the investor, it wouldn’t have had the chance to take off as a corporation, given logistical and bureaucratic hurdles. Rettig’s organization has a governance structure with nine principals, where five of the nine need to vote on things to move funds around and vote on projects.

“All of this took minutes to set up and cost less than a dollar,” he told Yahoo Finance. “There’s no way this would have happened using traditional corporations. This is an example that shows there are all sorts of projects and applications that are possible now that wouldn’t have been possible before.”

The entrepreneur called it the textbook definition of disruptive innovation, likening the sector to cloud computing that revolutionized information tech, and catapulted Amazon and Microsoft to the top of the industry.

“DAOs have lots of issues, but I stake my professional reputation on the fact that DAOs will take over the world,” Rettig said.

“So I think the metaphor here is a DAO is to a company what a cloud server is to a physical company. You can spin them up and tear them down very cheaply,” he added.

My earned ETH2 rewards to date. HODL to Riches!!! GLTA!!!

Cardano Rumor Rundown December 8, 2021

Hey Everyone!

Let's go...

Newly covered today:

Charles dropped a new AMA! https://youtu.be/Jex6wItSvzE
In macro news that could affect all of crypto including Cardano, it looks like Evergrande (one of the largest real estate developers in the world) has finally formally defaulted on its debt obligations. While Evergrand has been stumbling for a long time, this event could mark the beginning of a new phase in global economics. https://www.nytimes.com/2021/12/07/business/china-evergrande-kaisa-property.html https://www.cnbc.com/2021/12/07/evergrande-set-for-restructuring-with-no-word-on-first-formal-default.html
You can now use the Cardano ERC-20 Converter live on testnet with AGIX. https://twitter.com/InputOutputHK/status/1468308091217362947

Previously Covered but still interesting:

Cardano Fans is putting out some really good pieces posed as “Conversations with a Junior Blockchain Developer”. Very educational on the technical advantages of Cardano over other Gen 3 blockchains. https://twitter.com/matiwinnetou/status/1452911202913464328
ETH based platforms are still not faring well at NOT losing the money of users. https://twitter.com/Swag_Stakepool/status/1453392923672915968
dcSpark is making progress on the Milkomeda sidechain. ADA transitions from Cardano testnet to Milkomeda testnet now working. https://twitter.com/Milkomeda_com/status/1453421947157716992
The stark differences between being a validator on ETH and a Cardano validator are once again put on full display. https://twitter.com/evan_van_ness/status/1453133337334272000
There’s a new Djed explainer video out now from IOHK. https://www.youtube.com/watch?v=5-Ozaf_aGNM&t=1s
Cardano 360 October Edition is now out and available! https://youtu.be/R0s3lPG8XDw
The crypto time traveler is back after many months of being gone (i.e. purportedly being in the future). His first prediction after returning was about big news and a crown which was later revealed to concern the health of the Queen. His second prediction was about Cardano and gigantic success. https://twitter.com/CryptoTimeTrav2/status/1452827679300849670
Charles was at the Ethiopian Ministry of Education today. He reports that the onboarding of the five million students is on track. https://twitter.com/IOHK_Charles/status/1453697314187534343
The Ministry of Finance of Ethiopia has posted pics of the Cardano team meeting with them! This is an interesting turn of events. The ministry posted about a “readiness to incorporate avant-garde technology in areas of #Agri Tech, logistics, and digitization”. https://twitter.com/MoF_Ethiopia/status/1453717850766540808
There is a new IOHK blog entry on Mithril. https://iohk.io/en/blog/posts/2021/10/29/mithril-a-stronger-and-lighter-blockchain-for-better-efficiency/
You might have missed this IOHK blog entry on how dApp certification will be incorporated into the new light wallet (I know I did). https://iohk.io/en/blog/posts/2021/10/25/new-certification-levels-for-smart-contracts-on-cardano/
The Cardano dApp Store is looking like it’s going to be amazing. Curation & certification without gatekeeping is a great solution to preserve decentralization and maintain censorship resistance. https://summit.cardano.org/sessions/redefining-dapp-discovery-bringing-dapps-to-the-mass-market
There’s also a new update on Crypto Bisons! https://iohk.io/en/blog/posts/2021/10/28/buffalo-soldiers-march-to-the-heart-of-the-blockchain/
Charles released a new AMA from Ethiopia! https://www.youtube.com/watch?v=L5au7JEPMaM
The U.S. President’s Working Group on Financial markets has published its Stablecoin Report. No surprise: they want to regulate stablecoin issuers as insured depository institutions with federal supervisors and to curtail their affiliation with commercial entities. They also want to curtail such affiliations for custodial wallet providers. https://home.treasury.gov/system/files/136/StableCoinReport_Nov1_508.pdf
It turns out there are some big chain reorg vulnerabilities in ETH 2.0. https://arxiv.org/pdf/2110.10086.pdf But, maybe ETH has already got fixes planned? https://twitter.com/casparschwa/status/1450785316865024000
A partnership among World Mobile, IOHK, and Zanzibar has been announced! It’s a five year plan that focuses on education, eGov solutions, the Blue Economy (sustainable fisheries), replicating the Blue Economy model in tourism | agriculture | & telecommunications. https://worldmobile.io/blog/post/partnering-with-zanzibar-blockchain-hub/
Alessandro has a great idea (multi-sig) to improve NFT drops over his original model that is now used by pretty much everybody! This would help mitigate the hassle of refunds and reduce some congestion. https://twitter.com/berry_ales/status/1455473647934742530
It feels crazy that we have over 2 million Cardano wallets out there these days. Our small ecosystem has become a gigantic one. https://datastudio.google.com/u/0/reporting/3136c55b-635e-4f46-8e4b-b8ab54f2d460/page/k5r9B
The Plutus Application Backend integration process has begun! https://twitter.com/InputOutputHK/status/1455905122802864138
Pavia has revealed proposals for parcel size in their metaverse. https://twitter.com/Pavia_io/status/1455915006395101188
Mark Stopka takes everyone to school on how “pool extractable value” can still be a thing in Cardano if dApp Developers don’t plan for designs that prevent it. https://youtu.be/0VloKsDjW70
Nami Wallet will soon support hardware wallets! https://twitter.com/NamiWallet/status/1456375916918083588
SundaeSwap has unveiled its own concurrency solution. https://twitter.com/SundaeSwap/status/1456338509870952450
A University of Virginia School of Law lecturer outlines a crypto related “hidden felony” in the Infrastructure Bill. https://www.decential.io/features/defi-and-the-digital-asset-felony-hidden-in-the-infrastructure-bill
IOG drops it’s Sustainability Report. https://static.iohk.io/green-blockchain-paper.pdf
We get a view of what can actually be built on a Pavia single Parcel and news that the Pavia Map v.2 will launch soon with wallet linking and custom images. https://twitter.com/Pavia_io/status/1456667167680831491 https://twitter.com/Pavia_io/status/1456523907280822273
The Plutus Application Backend (PAB) Beta has been released! Developers of Cardano dApps can now begin experimenting on the testnet! This is a big milestone! https://twitter.com/InputOutputHK/status/1456683592726233097
Apparently Cardano’s transaction volume just last month in October was double all of 2020!?! https://twitter.com/CardanoStiftung/status/1456730746861748224
Looks like Cardano (at least the logo) made the cover of the Economist?!?! https://twitter.com/cardano_whale/status/1457327848285376513
We just saw an instance of Yoroi wallet dApp Connector integration! https://twitter.com/SundaeSwap/status/1457396024822075409
We saw an all time high of +61k native assets issued on Cardano in one day recently! https://twitter.com/thinkgrowcrypto/status/1457130708300824576
World Mobile just dropped a great video documenting the IOHK/World Mobile/Zanzibar visit. https://twitter.com/WorldMobileTeam/status/1457800436501467136
It looks like Zimbabwe is looking into crypto adoption! https://twitter.com/BitcoinMagazine/status/1457703228192301058
Apparently, there’s a new partnership between COTI and the Cardano Foundation. Sounds like we’ll hear details on November 10. https://twitter.com/shahafbg/status/1457665945963532294
There is a Spacebudz ad running on the Nasdaq screen in Times Square right now (November 8-14). https://twitter.com/budzdegen/status/1457706024778014720
The IOHK Haskell course in Ghana will include 80 students! https://iohk.io/en/blog/posts/2021/11/05/empowering-a-new-generation-of-innovators-in-ghana/
A new Cardano NFT store has sprung up mentioning smart contract support and royalties for creators. https://twitter.com/jpgstoreNFT/status/1457548567032184832
Terra Virtua is saying we’ll have our Cardano Summit 2021 NFTs by November 10th. https://twitter.com/TerraVirtuaHQ/status/1457800095101976578
COTI is now talking about news of an IOHK Partnership to be announced on Nov. 10 in addition to the previous announcement of an announcement of the new Cardano Foundation partnership slated to be announced Nov. 10 6pm UTC. https://twitter.com/COTInetwork/status/1458129369482792967
Here’s a beautiful thread explaining how one of Cardano’s big competitor’s tps claims may be HIGHLY misleading. https://mobile.twitter.com/EdnStuff/status/1457875177052643333
The Galaxy Digital paper on Gen 3 blockchains is out. I think some may definitely take issue with their description of the capabilities of eUTxO smart contracts in the Cardano section. https://twitter.com/cardano_whale/status/1458271252993302535
The Catalyst Natives program rolls out with a COTI ADAPay challenge to develop ADAPay plugins for medium & small businesses. https://iohk.io/en/blog/posts/2021/11/10/introducing-catalyst-natives-how-any-business-can-leverage-the-cardano-innovation-engine/
The “Director of Ops” of ENS Domains runs a poll about whether or not ENS Domains or Cardano has more utility. At writing, over 30k voters had surprised him with the answer he didn’t expect.. https://twitter.com/BrantlyMillegan/status/1458268301100990467
IOHK drops a blog entry on optimizing network performance. https://iohk.io/en/blog/posts/2021/11/10/optimizing-cardano/
Looks like we’ll be getting both the PAB & the ERC-20 Converter in the “next several weeks”. https://twitter.com/DanielTetsuyama/status/1458209250950332418
In macro news that could affect Cardano and all of crypto 30 year treasury bonds went vertical, and news of the +6% inflation in the US broke widely. https://twitter.com/CaitlinLong_/status/1458507405675880452
World Mobile dropped a nice youtube AMA for us. Very interesting details came up about Microsoft Airband, Google Project X, and Project Taara. https://twitter.com/WorldMobileTeam/status/1458718340931858435
Weiss highlights that Cardano addresses participating in staking have grown by 100k in two months. https://twitter.com/WeissCrypto/status/1458845224671887362
The Cardano Summit 2021 Terra Virtua NFTs have arrived. Check your inventory if you did all the tasks in the Summit’s virtual worlds. https://terravirtua.io/inventory
Pavia dropped a more detailed roadmap with live events scheduled for the plaza in Q3 2022. https://twitter.com/Pavia_io/status/1459246398046674945
Charles is back in Colorado and has dropped a full AMA. https://youtu.be/nnDWc6uP6gs
The November mid-month IOHK Development Update is now out! https://twitter.com/InputOutputHK/status/1459250049414799368
Seeing reports that Cardano’s 24 hour volume recently exceeded Ethereum! https://twitter.com/cardano_daily/status/1460238659098005504
We’ve seen a very nice and steady rise in transactions over the last 15 days! https://twitter.com/WillyzPortico/status/1460221046112456704
The January Haskell class in Ghana will include 80 students! https://twitter.com/IOHK_Charles/status/1460259961313837058
IOHK has dropped their new article on eUTxO dApp architecture. It explains in detail a design for an eUTxO order book. https://iohk.io/en/blog/posts/2021/11/16/architecting-dapps-on-the-eutxo-ledger/
Apparently we saw over 1MM transactions in Epoch 302. https://twitter.com/ccvaultio/status/1460673461614006276
Looks like Cardano is seeing a huge amount of on-chain activity. The crazy part is this is all pre-PAB. Just wait until dApps can actually launch! Unsurprisingly, some supporters of other chains were shocked to realize they didn’t understand the difference between exchange trading volume and actual blockchain use volume. https://twitter.com/cardano_daily/status/1460238659098005504 https://messari.io/screener/most-active-chains-DB01F96B
Charles drops a short regulatory update letting us know about the proposed bill to fix the highly faulty Infrastructure Bill language and another new bill to lay out a pro-crypto comprehensive regulatory framework for crypto (including definitions for utility coins). https://youtu.be/AcBuk0zHLfU
Here’s the announcement and the bill from Senators Lummis & Wyden to fix the bad crypto language in the Infrastructure Bill. https://www.lummis.senate.gov/press-releases/wyden-lummis-introduce-bill-to-fix-broker-definition-for-digital-assets/ https://www.lummis.senate.gov/wp-content/uploads/GAI21B7321.pdf
Senator Lummis reveals that she is working on a big crypto bill as expected. https://twitter.com/SenLummis/status/1461004206588968965
CIP-0030 Related to the dApp Connector has been merged. https://twitter.com/stakenuts/status/1460891981417267205
Be aware that fake stakepools are a thing! https://twitter.com/berry_ales/status/1460917711920414723
Here is the coming onslaught of Cardano dApps summed up in just six lines. https://twitter.com/DCdoso/status/1461340919731523586
Pavia says they will drop the extended land map next week and that it will include some new land types. https://twitter.com/Pavia_io/status/1461331532069711876
The smaller “fix-it” bill that would attempt to remedy the bad crypto language in the Bipartisan Infrastructure Bill has now been introduced in the House of Representatives. https://twitter.com/jerrybrito/status/1461317078175072263
Charles says input endorsers can improve the performance of the base layer by a factor of 20-40x!!!! https://youtu.be/Lf2C4fq4ZY4?t=790
MSN.com runs a positive Motley Fool article on Cardano. https://www.msn.com/en-ca/money/topstories/in-the-world-of-crypto-cardano-could-be-a-real-winner/ar-AAQWzzf
The updated list of Cardano researchers now numbers 152. https://twitter.com/DIGI_StakePool/status/1462536768658542604
A new wallet has been announced. https://twitter.com/TyphonWallet/status/1462410333939658752
Charles dropped a new AMA where he mentioned very briefly that they are actually going to look into read-only UTxOs. If it’s possible to have these types of UTxOs while preserving determinism, it would be a big change since transactions must currently consume inputs. https://www.youtube.com/watch?v=NJcVEJ1a6eg Some background reading on read-only UTxOs: https://github.com/Emurgo/Emurgo-Research/blob/master/smart-contracts/Unlocking%20The%20Potential%20Of%20The%20UTXO%20Model.md
Apparently, we have surpassed 20MM transactions on the Cardano network. https://twitter.com/CardanoTech/status/1462805643874680835
World Mobile gives a peek at their aerostat hanger where they will launch balloons to connect the unconnected in Africa. https://twitter.com/WorldMobileTeam/status/1462715361015521280
Pavia has dropped some very cool images of their avatars (or at least “background characters”). https://twitter.com/Pavia_io/status/1461713781122232327
Remember, Cardano 360 is the last Thursday of every month. That means this Thursday, November 25th! https://twitter.com/InputOutputHK/status/1462793042587443206
Jerome Powell is named to a second term as Chairman of the Federal Reserve. https://www.wsj.com/articles/biden-will-tap-jerome-powell-for-new-term-as-fed-chairman-11637589600
We got another Plutus Application Backend (PAB) release today (11.22)! https://github.com/input-output-hk/plutus-apps/releases/tag/v2021-11-22
CMC is now showing Cardano native assets! https://twitter.com/matiwinnetou/status/1462902025633554444
It looks like we’re getting a block size increase and a plutus script memory increase on December 1, 2021. https://iohk.io/en/blog/posts/2021/11/22/slow-and-steady-wins-the-race-network-evolution-for-network-growth/ https://twitter.com/cardano_whale/status/1463097104331468803
Pavia has partnered with ReadyPlayerMe so that you can build your own avatar. https://twitter.com/Pavia_io/status/1463103151893106688
Charles drops a video on the eToro user limitations. It sounds like IOHK knew nothing about this. Interacting with exchanges falls in the Cardano Foundation’s wheelhouse. It’s unclear whether the CF knew anything. He also pointed out it’s very interesting that an old line exchange like Bitstamp has decided to LIST Cardano during this same period. Charles also mentioned that they haven’t seen any regulatory activity on IOHK’s end. eToro is a relatively small source of liquidity for Cardano and there shouldn’t be much of an impact. https://youtu.be/WYQTkf8ndpY
The Pavia map is expanding on Wednesday, Nov. 24th at 1500 UTC with a second land sale. https://twitter.com/Pavia_io/status/1463153632484941834
Charles drops a video about the Caravan moving on despite any FUD (like eToro) that temporarily emerges. https://youtu.be/IjXkP_DGRgY
The Pavia second land sale saw demand vastly outstrip supply to become (reportedly) the biggest Cardano NFT drop ever. https://twitter.com/Pavia_io/status/1463560375442591753 https://twitter.com/Pavia_io/status/1463547885539278849
World Mobile got some positive coverage in Tech Crunch! https://techcrunch.com/2021/11/23/world-mobile-group-bringing-zanzibaris-online-through-mobile-network-built-on-blockchain/
Looks like COTI’s Djed project has teamed up with SundaeSwap. https://twitter.com/COTInetwork/status/1463480313506668546
The minutes from the Fed’s November FOMC meeting have been published and indicate they are ready to taper asset purchases and raise rates to combat inflation. Some members felt even faster tapering than is currently planned is warranted. These are impactful revelations for crypto. https://www.cnbc.com/2021/11/24/federal-reserve-releases-minutes-from-its-november-meeting.html
IOHK drops a new article on a tiered transaction fee system that would still preserve determinism. https://iohk.io/en/blog/posts/2021/11/26/network-traffic-and-tiered-pricing/
Here’s a good concise tweetstorm inspired by the Raul Pal/ Breedlove conversation about how the last 100 or so years led us here to this macro environment and crypto. https://twitter.com/JamesRothmann/status/1464305493099393028
Interesting discussion of the SundaeSwap ISO, the Scooper Model, and decentralization. https://youtu.be/94N8KXNs_as
John O’Connor drops an IOHK article on “RealFi” including thoughts on the ramifications of validated identity for uncollateralized loans in markets like Kenya and the projects in Ethiopia and Zanzibar. https://iohk.io/en/blog/posts/2021/11/25/welcome-to-the-age-of-realfi/
The Cardano dApp ecosystem maps continue to grow to silly proportions. https://twitter.com/Coin98Analytics/status/1463782688502915075/photo/1
There is at least one “Cardano” baby. Is this the first or have there been others? https://twitter.com/Brunokarno1/status/1464762911746773002
The % of total ADA staked is still over 71% (11.29). https://twitter.com/matiwinnetou/status/1464921027922866188
The Cardano Community takes a moment to enjoy contemplating the circumstance that there will never need to be a “magical Cardano 2” in order for our blockchain to survive. https://twitter.com/IOHK_Charles/status/1465089315340488704
There are three new Cardano Improvement Proposals (CIPs) related to Plutus and the dev experience. https://twitter.com/_KtorZ_/status/1465345098619760643
Strong words from Philip Wadler on why Solidity is so terrible for smart contracts. https://twitter.com/cryptomaxpwr/status/1465223788144955393
Interesting point by Charles regarding Cardano having the expressiveness of Ethereum and the attack surface of Bitcoin. https://twitter.com/IOHK_Charles/status/1465369644408049668
It looks like there is another Cardano project that says it will attempt to increase connectivity in sub-Saharan Africa. https://3air.io/
Charles dropped a video with his thoughts on ISPO’s and regulatory issues. https://youtu.be/bCEYizNPptYADA Whale makes a very good point about Cardano inflation vs. almost all of it’s competitors. https://twitter.com/cardano_whale/status/1465673768047570954
Sundaeswap is planning to hit the testnet this weekend. https://twitter.com/InputOutputHK/status/1466110936369008640
We are approaching 1 million staked addresses! https://twitter.com/RichardMcCrackn/status/1465924981150208005
ADA Whale drops a Top 50 Cardano dApps list. https://twitter.com/cardano_whale/status/1465907181086130179
Yet another hack has occurred in Ethereum DeFi. This one is being listed at $31MM. https://twitter.com/Gr88nCardano/status/1466013936164216832
Cardano increased it’s blocksize and Plutus Script Memory yesterday (12.1.21)! https://twitter.com/InputOutputHK/status/1466086538207547393
Looks like more theft in ETH DeFi (“Robbery Forest”). Reports coming in that Badger DAO has lost $120MM. https://www.coindesk.com/business/2021/12/02/badger-dao-protocol-suffers-10m-exploit/
Liqwid has announced that they are integrating Chainlink price feeds. https://twitter.com/liqwidfinance/status/1466404699284938756
IOHK drops a new video with Pi Lanningham of SundaeSwap regarding the tools that SundaeSwap has open sourced as part of its approach to launch. https://twitter.com/InputOutputHK/status/1466480233004113926
Cardano has reached one million wallets staked. https://twitter.com/IOHK_Charles/status/1467351929047044096
Cardano still remains secure. Meanwhile a gigantic bug in Solana that could have been exploited for six months was reported. https://www.theblockcrypto.com/post/126318/solana-library-bug-could-have-seen-attackers-stealing-27-million-an-hour
Robbery Forest can’t seem to go a day without doing its thing. This time it was apparently $150 million. https://twitter.com/sheldonbitmart/status/14673162528552263
SundaeSwap went live on testnet with a faucet for free testnet ADA and various ice cream flavored free testnet tokens. All compatible with Nami. https://twitter.com/SundaeSwap/status/1467795614633185280
ADA Handles were a surprise integration into the SundaeSwap Testnet! https://twitter.com/adahandle/status/1467907015972323328
The testnet proved valuable quickly as some improvements were identified with the scooper and they were taken offline to make those changes. https://twitter.com/SundaeSwap/status/1467897465768665090
Here is a beautiful illustration of massive concurrency in action on Cardano’s testnet! https://twitter.com/ProfSmith9000/status/1467978254912946184/photo/1

~Army of Spies

THE TROLLER: Revolutionizing the World of NFTs in Bringing the First Vote & Earn NFT Competition

THE TROLLER offers the most complete ecosystem combining artists, NFTs, competition, fun, sponsors, NFT collectors, blockchain ecommerce & rewards for all.

https://preview.redd.it/1q0ewmsrr9481.jpg?width=1080&format=pjpg&auto=webp&s=868b099aba92c9939f0379393b6e7578e53b83db

Figure 1: THE TROLLER revolutionizing the world of NFTs in bringing the First Vote & Earn NFT Competition

The full ecosystem makes THE TROLLER attractive and promising. After a lot of noises in the market, THE TROLLER gained respect and attention through all of its activities, namely attending various prestigious events around the world to present the project, winning awards, holding daily AMAs, engaging constantly in daily video chats round the clock, keeping the community platform buzzing 24/7, signing many partnerships, launching the biggest Twitter & YouTube campaign in NFT and many more.

Over and above all of this, one of the products within the ecosystem which gained a lot of attention is THE TROLLER First Vote & Earn NFT Competition, where all NFT Artists can compete to win big awards via the community voting system that will allow users to make passive income just from voting on their preferred NFTs.

THE TROLLER is the first bridge between big brands and NFT artists/community via the exclusive sponsored events. A very first in NFT.

So, instead of brands making an NFT with a single artist and that's it, there is a full month event organized with all THE TROLLER registered artists competing through multiple selection rounds voted by the NFT community, in order to create the top three NFT works of art for that particular brand. In addition to the revolutionary ecommerce platform, THE TROLLER will be metamorphosing NFT artists into famous brands. There will be the same NFTs printed on t-shirts with RFID chips (Radio Frequency Identification) that can be verified through the blockchain. Users can buy a t-shirt designed & signed by an NFT artist with a digital identity to check the authenticity of the product.

https://preview.redd.it/wdsn1qtsr9481.jpg?width=1080&format=pjpg&auto=webp&s=640259ec0f0de79631c02b24bb02528a277b66c8

Figure 2: THE TROLLER revolutionizing the world of NFTs in bringing the First Vote & Earn NFT Competition

For the first Vote & Earn NFT Competition, the artists prizes include:

1st prize - 1 Bitcoin

2nd prize - $10,000

3rd prize - $5,000

The competition starts early December 2021.

THE TROLLER, an awesome ecosystem

THE TROLLER's awesome ecosystem combining artists, NFTs, competition, championship, fun, entertainment, NFT collectors and rewards, is a very first and an amazing fit.

Furthermore, not only is THE TROLLER the first competition NFT marketplace with tournament-style gaming but it is dedicated to themed troll and meme NFTs, bringing talented NFT artists to compete in order to create the best NFT Troll /Meme for the chosen Guest and win prizes for the top winners.

How does it work?

THE TROLLER himself is the first guest & the Community will vote for the upcoming guests.

All NFT artists will submit their NFT art related to the invited guest and the community will vote for the pre-selections and select the top 100 NFTs to be listed on the platform for voting elimination rounds.

Once the community has voted for the best NFT Troll in all rounds, the top 3 winners will get big rewards.

In addition, all community members are offered a passive income source, simply by voting in all competition stages in order to be eligible for the 20% commissions from all NFTs sold in the platform which will be paid in BNB.

THE TROLLER ensures attracting the best NFT artists in the world and with the expected growth of the platform and popularity gained in the NFT space, the total value of the art that would be sold on the platform will reach millions. So, the 20% that gets distributed to all community voters could be worth a lot too.