SpiderWeb ($ARAC) - Quick Fundamentals - Security Features

Hey Spider-Mites,

Today, we will start off with a Quick Fundamental guide on the Security Features of SpiderWeb ($ARAC)! This will be a quick guide to highlight the key points and features within our security features for you to better understand just "How" we intend to protect the information, and "Why" it will be far more secure than the traditional methods used today!
This project was built with the aim to reduce both cost of traditional web hosting and traffic while maximizing focus on providing security as it has become a rampant issue amongst users, both business and personal alike!

Let's Begin!

Spiderweb ($ARAC), is/will be composed of self-built private nodes and public nodes of P2P resources, in essentially 3 tiers, to form a web of decentralized IDC infrastructure:

Tier Structure

For heightened security, Spiderweb ($ARAC) has a built in proactive/passive AI which monitors all traffic and also uses the same SHA256 encryption method as Bitcoin nodes, SO incase of failure or intrusion/hacking events, it will automatically relay and/or retrieve information between other nodes, so that data security is guaranteed! (see photos below!)

Your personal nodes (SDN - See White Paper for more details) will hold about 49% of you data, while the other 51% is fragmented on all other nodes within the network, and the process to rebuild ANY loss data from any POSSIBLE failure events will be easy as well so that users can operate without worry!

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After SHA256 encryption fragments your data into 100 pieces, it will store it across 100 initial nodes across the network so, with these exciting and amazing features, you can be sure that you can go about your business with a peace of mind!

(SpiderWeb ($ARAC) will also incorporate an eco-friendly and energy-efficient consensus mechanism called "Proof of Use" (PoU), which will be used as a means of reward verification as well!)

(**See the NFT Collection Launch post for more details!**)

Thanks everyone for taking the time to understand our Security features! Once again, for a more detailed explanations of this, please visit our #WhitePaper here: https://discord.gg/TmhneY5SEu !
Hope everyone has a great day and let's weave a brighter future together!

Eyes up!! Base’s X account just reposted about Bitcoin on Base’s BasedLA meet up!!!

https://i.redd.it/j6i294fxs8sd1.jpeg

A Winning Weekend on HugeWin: My Honest Review

I recently spent a weekend playing on HugeWin, an online gaming platform that offers both casino games and sports betting. As someone who loves the thrill of both, I was excited to dive in and see if HugeWin lived up to its reputation. Here's a breakdown of my experience and an honest review of the platform.

Saturday Morning: The Casino Games

I started my weekend early Saturday morning by exploring HugeWin’s casino section. The variety of games immediately impressed me. From classic table games like Blackjack and Roulette to a vast selection of slots, there was no shortage of options. I’ve always been a fan of slot games, so I decided to start there.

I began with a few rounds of Starlight Princess, a slot I hadn’t played before. After some small wins, I decided to switch things up and give Zeus a try. It turned out to be a good decision because after just a few spins, I hit a bonus round that racked up a nice payout. The thrill of seeing the numbers rise, paired with the stunning graphics and smooth gameplay, made the experience truly exciting.

The slots selection was diverse, featuring games from well-known providers. I appreciated that I could move between games seamlessly without any lag, which is crucial for a smooth playing experience.

Saturday Afternoon: Sports Betting Success

After enjoying the casino, I switched to sports betting in the afternoon. HugeWin has a well-organized sports section, with plenty of options for live events. As a football fan, I placed a bet on an ongoing La Liga match. The odds were fair, and the platform made it easy to follow the game in real-time.

As the match progressed, it became more intense. My team scored in the final minutes, securing my bet and giving me a solid win. The adrenaline rush of seeing the game unfold while having something at stake was exhilarating. The payout was fast, and I was able to withdraw my winnings with ease.

Sunday: Reflecting on the Weekend

By Sunday evening, I was ready to reflect on my experience. HugeWin had managed to provide an entertaining balance between casino games and sports betting. The variety of games and betting options kept things fresh, and I never felt bored. The crypto deposit and withdrawal system was another standout feature. I used Bitcoin for my deposits, and both the transactions and withdrawals were fast and hassle-free.

Final Verdict

Overall, my weekend on HugeWin was a success. The platform delivers on both casino gaming and sports betting, offering a diverse range of games and betting markets. Whether you’re into slots or following live sports events, HugeWin provides a solid, user-friendly experience. If you're looking for a platform that combines excitement with convenience, HugeWin is definitely worth trying.

https://hugewin.com

BTC 7 Day Broad Outlook as of 10.1.2024 4.06PM EST

Refined Bitcoin 7-Day Price Outlook: October 1 - October 7, 2024 (As of October 1, 2024, 4:06 PM EST)

Date	Overall Market Sentiment	Expected Range High	Expected Range Low	Key Factors Impacting Prices	Possible Corrections/Reasons
Oct 1, 2024	Slightly Bearish	$63,000	$61,000	Consolidation phase as Bitcoin stabilizes after recent correction	$61,000 support is critical; consolidation expected before further direction.
Oct 2, 2024	Neutral-Bullish	$64,200	$61,500	Potential recovery starts, depending on volume and buyer interest	If volume picks up, Bitcoin could aim for $64,200 resistance.
Oct 3, 2024	Bullish	$65,500	$62,000	Optimistic sentiment builds, historical trends support gains in early October	Breaking $64,200 could trigger a run toward $65,500.
Oct 4, 2024	Slightly Bullish	$67,000	$64,000	First test of $67,000 resistance; watch for profit-taking	A second test of $67,000 could see selling pressure, possibly triggering a pullback.
Oct 5, 2024	Neutral	$66,500	$63,500	Potential correction from previous day's high; RSI could show overbought conditions	$66,500 to $63,500 range likely as the market recalibrates.
Oct 6, 2024	Bullish	$68,000	$64,000	If correction holds, the market may push toward $68,000	Buyers could retest $68,000 if confidence remains intact.
Oct 7, 2024	Neutral	$67,500	$65,000	Final consolidation phase; focus shifts to mid-October trends	$65,000 support needs to hold for continuation of any rally.

Key Factors:

• Support Levels: $61,000, $63,000, $64,000.
• Resistance Levels: $64,200, $67,000, $68,000.
• Geopolitical Factors: Ongoing uncertainties in Ukraine and the Middle East, with potential macroeconomic impacts.
• Volume & Sentiment: Recovery and bullish potential if buying interest increases, though market volatility remains.

Outlying Possibilities of Corrections Due to Geopolitical Events or Failure to Maintain Support (October 1 - October 7, 2024)

In addition to the main scenarios outlined in the 7-day report, there are two significant outlying correction possibilities to watch for in the next week. These are based on potential geopolitical events or technical breakdowns that could result in a failure to maintain support levels.

1. Geopolitical Escalation (~10%-15% Drop):

• Potential Trigger: A significant escalation in ongoing geopolitical tensions, such as an intensification of conflict in the Middle East (e.g., Iran-Israel tensions) or a further breakdown in relations between major powers (e.g., U.S.-China tensions). These developments could result in heightened risk aversion across global markets, driving investors away from speculative assets like Bitcoin.
• Magnitude: A sharp 10%-15% drop is possible, bringing Bitcoin down to $55,000-$56,000, depending on how rapidly the geopolitical situation escalates and how financial markets react.
• Likelihood: Moderate (approximately 30%-35% chance). While full-blown escalation is not guaranteed, the unpredictability of current geopolitical events adds to the uncertainty. Markets have reacted strongly to similar situations in the past, with capital flight from risky assets during conflict outbreaks.

2. Failure to Maintain Critical Support (~10%-15% Drop):

• Potential Trigger: A failure to maintain key support levels, specifically around $61,000, could trigger a technical breakdown in price action. If sellers push through this support level, it could lead to an accelerated downward trend toward the next major support at $55,000-$56,000.
• Magnitude: A 10%-15% correction is plausible if selling intensifies, particularly if triggered by a breach of the $61,000 support. Such moves can lead to cascading liquidations and increased volatility, particularly in the context of a broader market decline.
• Likelihood: Moderate to High (approximately 40%-45% chance). Given the importance of the $61,000 support level, a failure here could quickly result in a deeper correction, especially with no strong buying pressure to reverse the trend.

Combined Risk Analysis:

• Scenario: If geopolitical risks coincide with technical breakdowns in support, a combined 10%-15% correction to the $55,000-$56,000 range is likely. In such a scenario, investors may rush for safe-haven assets like gold, driving Bitcoin lower due to reduced risk appetite.
• Overall Outlook: The next 7 days carry moderate risks for Bitcoin, with a notable possibility for a deeper correction if geopolitical tensions worsen or the technical structure weakens.

Geopolitical Factors Influencing Bitcoin's Price (October 2024)

Several geopolitical factors are influencing Bitcoin's volatility and price movements in October 2024:

1. Middle East Tensions:
   • Ongoing conflict in the Middle East, particularly involving Iran and Israel, is creating uncertainty in global financial markets. This geopolitical risk is driving short-term volatility as investors seek safe-haven assets like gold and stable bonds, which decreases liquidity in the cryptocurrency market.
2. Energy Market Concerns:
   • The conflict in the Middle East could disrupt critical oil transport routes, such as the Strait of Hormuz, which could lead to spikes in oil prices. Higher energy costs contribute to inflationary pressures, prompting central banks to maintain high interest rates. This reduces the risk appetite for speculative assets like Bitcoin in the short term.
3. Regulatory and Economic Tensions:
   • Different regions have varied approaches to cryptocurrency regulation. For example, while some nations are embracing Bitcoin and crypto innovation, others are imposing stricter regulations, creating an uneven playing field for investors. This regional inconsistency adds to market uncertainty and affects global investor sentiment.
4. U.S. Dollar Strength and Monetary Policy:
   • The strengthening of the U.S. dollar, driven by geopolitical risks and monetary policies, is leading to capital outflows from riskier assets like Bitcoin. Investors are shifting towards traditional safe-haven assets, reducing demand for Bitcoin in the short term.

Summary:

The current geopolitical landscape presents moderate to high risks for Bitcoin over the next 7 days. The factors mentioned above could trigger market sell-offs and corrections. A 10%-15% correction remains possible if these tensions escalate or inflationary pressures persist.

Series7Trader

Not financial advice.