Sunday, August 18, 2024

Why does the price always go up or down so sharply?

I've always wondered, does crypto have eyes and ears on the back of its head?

Like why is it that political events or world events cause the prices to drop suddenly? Or better yet, a high profile individual says something and seemingly in an instant the price goes up or down.

If crypto was truly decentralized, why is it so easily affected by what people or the media says? Why is it like the weather, where we have to forecast it? If it all just computer code, shouldn't it be predictable by the minute? If everyone is buying and holding, why does it suddenly decide to go up or down based off of what happens?

Dogecoin is one, but Bitcoin and all of the others do the same thing...

Dogecoin price today, DOGE to USD live price, marketcap and chart | CoinMarketCap


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NCOG Earth Chain: Bridging the Gap Between Blockchain and Sustainability

Web 3.0 is referred to as the third generation of internet services, and it will be built on top of decentralization, increased user control, and peer-to-peer interactions. While Web 2.0 pampers the ideals of centralized platforms and organizations, Web 3.0, with its principles of blockchain and decentralized protocols, is designed to cordon off the digital ecosystem with security, openness, and empowerment to the users. It aims to cut intermediaries, making users have absolute data and digital asset ownership. Why Web 3.0 Over Web 2.0? Increased Security and Privacy It is security based and enhances privacy, reducing the loss of information resulting from potential data breaches and misuse through cryptographic protocols and decentralized networks. User Empowerment Users gain control over their date and digital possessions due to self-sovereignty and reduced reliance on central authorities on Web 3.0 Trustless Interaction Interaction is programmable in Web 3.0 without the need for trust in an intermediate party due to smart contracts. Innovation and Interoperability Web 3 drives innovation by means of open-source protocols as well as interoperability between the platforms that consequently glue a somewhat dispersed digital environment into a more integrated one. What are Blockchains on Web 3.0? Web 3 blockchains are decentralized ledgers for recording transactions that are run on multiple computers. They create the backbone for building a number of decentralized applications and make secure, transparent, and immutable record keeping. Blockchains do a great job getting rid of centralizing authorities that promote the peer-to-peer transaction and interaction of the commodity providers. Key Features of Web 3.0 Blockchains Decentralization: Data is distributed all across the node network and hence makes data more secure while eliminating any single point of failure. Transparency: The records are public and can be verified, promoting transparency and responsibility. Immutability: Data, once entered, cannot be changed again, thus rendering a reliable and tamper-proof history. Programmability: Smart contracts facilitate automatic and programmed transactions, eliminating the need for third parties. Traditional Blockchains and How Blockchains Impact the Environment Traditional blockchains, especially Proof of Work (PoW) consensus mechanisms like Bitcoin and Ethereum, have been accused of not being very eco-friendly. PoW requires miners to solve highly complex mathematical problems, which in turn consume huge amounts of electricity and produce large amounts of carbon emissions. Environmental Concerns High degree of use: Proof of Work needs enormous computational input; therefore, energy is enormously consumed. High carbon emission: Energy-intensiveness of PoW translates into high carbon emission, something that makes the environment unfriendly. E-waste: There is a continuous demand for higher, stronger hardware, so old equipment is simply being dumped. What is NCOG Earth Chain and Why is it the World's Most Eco-Friendly Blockchain? NCOG Earth Chain, a Web3.0 world-defining blockchain platform, intertwines the most boundary-breaking key technological components to harness them into a synergy of supreme quality performance and environmentally friendly attributes. Key Features of NCOG Earth Chain Directed Acyclic Graph (DAG) Technology: This provides the structure with the ability to process transactions asynchronously, hence rising up to a new height in terms of scalability and the level of efficiency of the system. Proof of Stake (PoS) Consensus: It reduces consumption of energy by orders compared to PoW, being a non-energy-consumed mining activity. Forest Protocol: Utilizes asynchronous event blocks, thereby maximizing efficiency and minimizing the underlying impact of the ecosystem. Environmental Benefits Low energy consumption: The combination of DAG and PoS assists in reducing energy requirements for validation of transactions. Lower Carbon Emission: By lowering energy utilization, NCOG Earth Chain pees for lower carbon emissions. Minimization of Electronic Waste: Efficient design is minimized with the latest hardware upgrades that have to be done long in years, which in early turns reduces electronic waste. How NCOG Earth Chain Closes the Gap Between Traditional Blockchain and Upcoming Sustainability: NCOG Earth Chain uses expert technology and environmentally friendly protocols to answer the gaping environmental issues that come with traditional blockchains. It gives a solution that is sustainable without compromising performance and security. Bridging the Gap ● Technological innovation: The project, by integrating the DAG and PoS, reaches a quantum leap in the history of blockchain technology and yet assures sustainability and power for the NCOG Earth Chain. ● Environment Commitment: Platform designed to keep a sustainable environment, and for the first time, in a certain way, it sets up new standards of green blockchain technology. ● Collaborations and Partnerships: NCOG Earth Chain, a part of NGD Environmental based on infusing blockchain with environmental solutions. ● With its products and services like the Aerobic Landfill Bioreactor System and tokenized carbon credits, it does have real value in environmental conservation. Conclusion It is undeniably true that if the blockchain industry has to be developed, the aspect of sustainability should not go unnoticed. NCOG Earth Chain is an example of one of the world’s most eco-friendly blockchain technologies that is a low-power, high-efficiency, eco-friendly blockchain platform. By overcoming the environmental challenges of formal blockchains, including the one pioneered by Bitcoin, the NCOG Earth Chain closes the widest gap of innovation and sustainability of the blockchain, thus pointing the way for the future greener digital age. Eco-friendly blockchain solutions like the NCOG Earth Chain are to play new roles in pushing further, Launched on Uniswap, July 29th 2024, into the horizon of sustainability and responsibility in the technological landscape.


Create Giftable BCH Vouchers (stamps.cash)

Hey Guys, I wanted to share a tool we've been working on for creating giftable BCH vouchers.

The tool allows you to fund a batch of vouchers (we're calling them stamps) that can be printed out and given out at events for marketing, given to friends, or left as a tip.

A stamp has a QR code that can be scanned in the wallet and will then sweep the stamp's value into it. I think the sweeping is only currently supported in the Bitcoin.com wallet, but we've been working with the Selene guys to get it implemented into their wallet.

The creator of the stamps can also reclaim all unclaimed stamps if they want to from the website, so you don't need to worry about losing anything if user's don't claim them.

Its currently in beta, so feel free to try it out and let me know what you think

https://stamps.cash/#/


A great weekly breakdown of in-person UK Bitcoin meetups and events.

https://bitcoineventsuk.substack.com/p/beuk-meetup-breakdown-12