• Breaking News

    Thursday, November 4, 2021

    Cryptocurrency New Moons Are Ready! (Round 19)

    Cryptocurrency New Moons Are Ready! (Round 19)


    New Moons Are Ready! (Round 19)

    Posted: 03 Nov 2021 03:34 PM PDT

    This distribution of Moons has been finalized, and Moons are being delivered to users with a registered Vault. Users who do not have a Vault yet will get their Moons when they create one through the Reddit app.

    This distribution is based on karma earned from 2021-09-29 to 2021-10-26. Here is the finalized list, with contribution scores signed by Reddit.

    Moons are r/CryptoCurrency's form of Community Points, a way for users to be rewarded for their contributions to the subreddit, and they can be used on premium features in the community.

    UPDATE (11/3): There was a bug in our data pipeline that excluded a small number of users (~43) from last week's CSV who should have been included. They have been added back in the finalized CSV posted today.

    submitted by /u/CommunityPoints
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    Daily Discussion - November 4, 2021 (GMT+0)

    Posted: 03 Nov 2021 05:00 PM PDT

    Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.


    Disclaimer:

    Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

    Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.


    Rules:

    • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
    • Discussion topics must be related to cryptocurrency.
    • Behave with civility and politeness. Do not use offensive, racist or homophobic language.
    • Comments will be sorted by newest first.

    Useful Links:

    submitted by /u/AutoModerator
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    The bull run is about to heat up. Selling late in the bull run is your best option, despite what this sub will tell you.

    Posted: 03 Nov 2021 01:54 PM PDT

    I know, I know, selling is against the rules of this sub. But this is truly the best thing that you can do for your portfolio.

    Every Single Bull run has ended with a catastrophic -90% bear market. I don't think this one is going to be any different.

    I predict that this bull run will really start heating up soon. We will see a 120k BTC and a 10k ETH minimum. Then things will enter the mania phase. Shitcoins with literally no purpose will start pumping thousands of percents all day long.

    Then, the inevitable crash will come. Your best option is to get out before this happens, no matter what the majority of this sub tell you. This sub has historically given horrible advice.

    Make a plan people. Get all your ducks in a row because the bull market is about to heat up and you don't want to be left holding a bag for 3 years.

    submitted by /u/roberthonker
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    How many of you plan to hold for 5+ years and aren't even thinking of selling during this bull run?

    Posted: 03 Nov 2021 06:02 PM PDT

    Many people view their crypto buys as long term investments and many people are in it for the quick sexy gains.

    But looking back, those who bought BTC in 2016 and didn't sell are doing incredibly well with their initial investment.

    However with the potential insane short term gains in this market, most people sell after a relatively short period or buy and sell chasing pumps.

    We've seen tons of posts about when to sell and nailing the exact right time. How many of you won't be selling at all this bull run?

    submitted by /u/Jase82
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    I have analyzed EVERY SHILLED COIN in this sub from 2017 to 2021 and here is the summary

    Posted: 04 Nov 2021 02:02 AM PDT

    I have analyzed EVERY SHILLED COIN in this sub from 2017 to 2021 and here is the summary

    Some important notes about analysis
    1. Analysis was done from 1st of January of each corresponding year till 31st of December of the same year

    1. KSM, AMP, SHIBA ICO price was not found, therefore the ICO price was used from the earliest historical data from CoinMarketCap/CoinGecko

    2. n/a means that a coin was not released that year

    3. If a coin was released, for example, in July 1st 2018, then the analysis of that year was done from the date of ICO till 31st of December of the same year

    4. Coins were sorted from the most ROI from the ICO date till 30th of October 2021

    https://preview.redd.it/xb6q22gtjjx71.png?width=651&format=png&auto=webp&s=2889d3de5edc74884301140d2a8ce1595b75dda4

    Key takeaways

    1. Bitcoin has the most ROI from ICO date, but compared to other coins, gives less ROI each year, still a solid investment
    2. Ethereum gives better returns than Bitcoin, but is worse in Bear Market
    3. Shiba Inu has pumped only this year. In 2020 it lost value significantly, which means maybe after this bull run, it won't give any ROI anymore. Still hard to analyze with only 1 year of history
    4. Axie Infinity, Solana, Kusama, Polkadot, Helium, Aave, Avalanche, Pancakeswap, Uniswap, Sushiswap, Injective Protocol, Arweave all were ICOed in 2020, and in a span of 1,5 years they gave insane returns, if they continue with the same pace, you can 10x your money in the future
    5. AMP ICOed in 2020 and is the only coin in this table that gave consistent negative returns
    6. Our beloved Algorand have a negative ROI from the ICO, but if you were buying the dip, you should be good
    7. Litecoin is like a little brother of Bitcoin that doesn't get any toys. It gives consistent positive ROI but compared to others, it is really little return
    8. Technically almost every coin has pumped at least 500% this year
    submitted by /u/doctorbirdee
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    El Salvador will use a "few million" of its bitcoin profits to build 20 schools, President Nayib Bukele said Tuesday. The country recently bought another 420 bitcoin to bring its total holdings to 1,120, worth around $69 million.

    Posted: 04 Nov 2021 02:37 AM PDT

    4 months ago, I gave my kids $100 each and asked them to pick three cryptos in a 40:30:30 ratio to track. I will give them all the profits their investment has earned when they turn 18. This is what they chose (and how its going).

    Posted: 03 Nov 2021 03:57 PM PDT

    4 months ago, I gave my kids $100 each and asked them to pick three cryptos in a 40:30:30 ratio to track. I will give them all the profits their investment has earned when they turn 18. This is what they chose (and how its going).

    Four months ago, I made this post about giving my kids $100 in crypto and asking them to choose three cryptos each. I was asked by many in the thread to post a monthly update. I only have the time about ever two months, so, here are the results after four months.

    Also, two of the kids have since had birthdays; M is now 10, and E is 5. I have left their ages at time of investment below for reference.

    M** (9yrs old, boy): ETH, THETA, ADA. Gain + 60%

    Gain + 60%

    A** (7 yrs old, girl): ETH, AAVE, CRV. Gain + 84%

    Gain + 84%

    E** (4 yrs old, girl): UNI, ENJ, CAKE. Gain + 57%

    Gain + 57%

    Original Post from four months ago. (For some reason, it was locked, I never found out why).

    I have three kids, M**, A** and E**. I bought them each $100 worth of cryptos of their choice and will give them the entire investment when thhttps://www.reddit.com/r/CryptoCurrency/comments/ofzwd4/i_gave_my_kids_100_each_and_asked_them_to_pick/ey turn 18. I let them make their choices based on whatever reasons they wanted. All I did was show them the top 100 list from coinmarketcap.

    These are their allocations and reasons for each decision:

    M** (9yrs old, boy): ETH, THETA, ADA. He really loved the black diamond and thought the other two had nice aesthetic designs.

    A** (7 yrs old, girl): ETH, AAVE, CRV. She also loved the black diamond, the AAVE has her favourite colour and starts with the same letter as her first name, CRV has a pretty rainbow.

    E** (4 yrs old, girl): UNI, ENJ, CAKE. She loves unicorns and therefore, loves UNI. The ENJ logo has a very pretty E for her name. CAKE because she loves pancakes.

    submitted by /u/gnarley_quinn
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    Harmony ONE As Advertised On The Billboards Of Times Square

    Posted: 04 Nov 2021 03:46 AM PDT

    Harmony ONE As Advertised On The Billboards Of Times Square

    How incredible to see that Harmony ONE being advertised on the billboards in Times Square. This means that the team really believes in it and their commitment is 110%. As a ONE holder myself I find this very cool to see and soothing!

    This is the first time I have also seen a crypto advertised in a well-known / big place in public. The advertisement was about 'Fund your NFT project: harmony.one/nft', also nice advertisement for the NFT part! see below the picture of the advertisement in Times Square:

    Harmony ONE on billboard from Times Square

    Also happy MOONS day everyone and what do you guys think about ONE?

    submitted by /u/BerthjeTTV
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    Girlfriend’s breasts NFTs

    Posted: 04 Nov 2021 04:09 AM PDT

    So I have a girlfriend with rather large and sizable breasts. They are not only large, but also naturally firm and don't droop too much. Perfect proportions for online art enthusiasts.

    Being a crypto man, I suggested that we take many nude photographs of her bodacious breasts and mint them. And then, after covering them in peppermint oil, turn them into NFTs.

    Now I've heard that NFTs are selling for thousands and even millions of dollars worth of Ethereum. So my question is: will her big breast NFTs make me a millionaire, so that I don't have to waste time working at Wendy's anymore?

    submitted by /u/verysillyman
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    Some stats from the Round 19 finalized moon distribution

    Posted: 04 Nov 2021 12:21 AM PDT

    Some stats from the Round 19 finalized moon distribution

    With a slight increase in moon ratio and stricter spam rules we've all enjoyed a little more moons this round :).

    Here are some random stats for Round 19 :

    Top Earners

    • Top 0.1% had 9032.33 Karma or more (2601.31 moons *)
    • Top 1% had 2172.74 Karma or more (625.75 moons *)
    • Top 10% had 202.00 Karma or more (58.18 moons *)
    • Top 25% had 48.00 Karma or more (13.82 moons *)
    • Top 50% had 12.00 Karma or more (3.46 moons *)

    Moon earning stats

    • Users with maxed 15k Karma: 10
    • Users with 10k to 15k Karma: 25
    • Users with 5k - 10k Karma: 100

    • Total Moon Earners (at least 1 Karma): 43864
    • Average Karma earned: 125.67
    • Average Moons earned: 36.19 *

    Users with No vaults

    • Number of Redditors that earned Karma (but no vault): 15213
    • Cumulative Karma earned: 321761 Karma
    • Total Moons waiting: 92667.168
    • Average Moons per user (with no vaults): 6.09

    Monthly Tipping stats

    • Total moons Tipped: 17 858
    • Total Receivers: 1786
    • Tippers: 769

    Monthly top 15 most generous tippers :

    Here's a list of those who tipped the most moons this past month.

    I have excluded all those who only tipped 1 person (since I assume this was simply a transfer of moons and not necessarily a tip). Hence Rank no 11, 12, 14 were excluded as they only tipped 1 single person. If you think this exclusion was wrong, well let me know in the comments below :)

    https://preview.redd.it/m2phsi252jx71.png?width=628&format=png&auto=webp&s=b9402aea5cfebe319c63b6f7ec7d14d015853f4b

    Update/Edit: So it seems that MediumAdhesiveness is a mod that is responsible for dishing out cointest prizes.

    Monthly top 15 most diverse tippers:

    And here's a list of those who tipped a lot of different users.

    https://preview.redd.it/d28evi7q1jx71.png?width=750&format=png&auto=webp&s=316edf5c65968192909b9983134e4d80560aca67

    All tipping data sourced from ccmoons.com . EDIT: Changed top 10 to top 15

    The list of MVP Tippers:

    The following redditors are extra special - as they are both top 15 in tipping generosity and tipping diversity. In other words these MVP redditors tip many people, and they generally tip more than 1 moon at a time.

    Well done to all of you. And well done to everyone who's spreading the joy of tipping.

    TL;DR

    • 2173 Karma makes you one of the top 1% of Moon earners in this sub.
    • Tipping 48 users makes you a top 10 (most diverse) tipper
    • Tipping 250 moons or more makes you a top 10 (most generous) tipper
    • And open your vault , you most likely will get at least 6 moons :)

    And that's a wrap. Thank you for taking the time to read this, and have wonderful day further!

    The fine print

    • \ Based on a moon/karma ratio of 0.288 . Missing out on moons is not 69 sexy. Not Financial advice.)
    • Data sources: Round 19 finalized distribution csv and ccmoons.com
    • Want even more stats? u/IhaventEvenGotADog has you covered. Every month that redditor posts Moon Metrics for each distributions - filled with graphs and stats. MoonMetrics should be arriving in the next 5 days, so stay tuned. Also I am not affiliated - I just acknowledge good work.
    submitted by /u/Flying_Koeksister
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    A word of caution about Solana (SOL)

    Posted: 03 Nov 2021 08:12 PM PDT

    I just wanted to remind everyone that SOL suffered a DOS attack back in September, only less than 2 months ago. One of the main criticisms at the time was that they just shut down the network, showing how centralized their project was.

    Now, it's at an ATH, with no slowdown in sight.

    Just because a coin is rising doesn't mean it's necessarily a good project. Yes, it could eventually make a case to be a competitor to ETH. But there are still a lot of risks along the way.

    Just to give a small history lesson. Last bull run, do you guys remember the project TRON (TRX)? Led by Justin Sun (who r/cc seems to hate), they were in the top 10 coins by market cap during the last bull run. People made money! But now? They're #29, and the project hasn't really gone anywhere.

    I'm not saying SOL will follow this path exactly, but just wanted to warn everyone that there are definitely risks with this project, and taking profits on it is never a bad idea.

    submitted by /u/bananainbeijing
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    Cryptocurrency has made a lot young people very large sums of money. In the coming years, this will inevitably reshape the way our world works.

    Posted: 03 Nov 2021 09:43 PM PDT

    I am curious why this is not discussed by more people. Forever, younger generations have never had power or any real ways to represent themselves. The people making rules have always had the most wisdom, but that means they're also the oldest & most out of touch with modern advancements.

    Money is power. It simply opens doors to further wealth generation others aren't offered. And whether you like it or not, cryptocurrency is putting significant sums of money into younger people's pockets as NFT's and BEP20 become popular. It's bad ass to see!

    I'm calling it now, in a decade, there will be some much younger, very powerful people begin appearing and making changes to the world.

    submitted by /u/iEatSwampAss
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    I started investing when I was 29, thanks to crypto I’m now 47!

    Posted: 03 Nov 2021 10:47 AM PDT

    Anyone else wake up in the middle of the night and check the charts?

    Calculate how much something would be worth in ALGO rather than your fiat currency?

    Perhaps a sneaky browse of CoinMarketCap.com while on shift at the fiat mines? Only to close it, and re open it a few minutes later - just in case.

    Although I have learned a lot (and earned a lot) in my short time in this wild wonderful world - man has it been crazy! I have definitely developed some unhealthy tendencies which surely have not been good for my overall health.

    I'm not even over invested… I am quite simply hooked!! Maybe it's all the hype this year has brought, but to those of you who can DCA in and go on with their lives, I salute you. To those of you who day trade or swing trade, the size of your cajónes scares me. And to those of you who check the charts once every five minutes…. they better be the 30 second charts!

    submitted by /u/Environmental_Point3
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    Reminder: Jim Cramer Called for Selling Ethereum a Week before it Rallyed to All Time High — Also did the Same for Bitcoin before it Doubled in Price

    Posted: 03 Nov 2021 03:18 PM PDT

    A week ago Jim Cramer has predicted that Ethereum has reached its top, and might fall from its then price point.

    In the following week Ethereum has rallied to a new all time high of over $4,600, making Cramer predict exactly the opposite of what has happened

    He has done the same for Bitcoin, called for selling it around the $30,000 price point, in the following weeks it rallied to over $60,000

    (source on cramer selling) (source2)

    submitted by /u/Dwez1337
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    What a wonderful idea of Zuckerberg to harvest all your data in Metaverse so you can get even more ads. This is not what crypto is supposed to be.

    Posted: 04 Nov 2021 12:43 AM PDT

    Holders, What Projects Are you Losing Faith In?

    Posted: 03 Nov 2021 10:24 AM PDT

    Anyone starting to have second thoughts on any of your long-term holds?

    I was a VET fanboy a few months ago, but now I'm wondering if real-world application will ever turn into real-world profits for my wallet. Long-term, I can see it going up with the market, albeit lagging, but I don't see any of the announced usage having any affect on price. Same with ACH.

    Sure, we'll make money down the road, but how much are we losing by limiting our ability to buy into more profitable assets? Is it worth it to you to stick with a project because you want to support the technology even if it means missing out on the moonshots, or even just higher profits with a safer investment?

    submitted by /u/ohno
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    How to handle a crazy colleague who got obsessed with crypto and is stalking me?

    Posted: 03 Nov 2021 02:18 PM PDT

    So, few weeks ago a colleague who never invested in crypto said he read somewhere that Shiba is the new Bitcoin. At that time, he didn't even know what Shiba or bitcoin mean. He had no crypto wallets, he was just making a random conversation about something he read online.

    I made the mistake of telling him that I invest in crypto and that Shiba is a shitcoin.

    Everything ended up there.

    A week ago he read the news about the guy who invested 8k in Shiba and became rich and he automatically decided that now he would be a billionaire and he's not just because of me.

    I never told him to not invest in Shiba, I just expressed my opinion. He never really wanted to invest in any crypto. However, even if he invested in Shiba a month ago, now he wouldn't be rich at all. But he's too illiterate to understand it.

    Since then, he started to say that I made him lose millions and I should help him to recover (?!)

    I just told him I'm not a trader and I don't give any financial advice. I really don't trade. I just buy the crypto I like and hold.

    Since then, he started to text me everyday about any possible crypto and asking me if he should buy it. I always answer that I don't know it.

    He thinks I'm just selfish and I don't want to help him because I want to be the only one to become rich.

    He became very annoying so I blocked him in every social and I told him to not bother me anymore. So he just started to send me emails in my work account where I can't block him because he's a colleague.

    Few days ago he sent an email without any text, in the subject it was written "shibazzilla: should I buy it?" I didn't answer him.

    Now he told me he lost everything invested in shibazilla and he said it's my fault because I didn't warn him.

    I told him "I just ignored you like I told you, I didn't tell you to buy it" and he said "so you had to talk when I was going to buy Shiba but you didn't think to tell me anything when I told you I was buying shibazilla"

    He clearly got obsessed with crypto and he's too illiterate to understand anything.

    I have no idea how to handle him. He clearly got crazy. I literally told him to not bother me and that I blocked him because he's not my friend, but he doesn't care. He's doesn't understand it. He says I'm kidding and we're all "crypto brothers"

    I'm afraid soon I'll end up beating him and then I'll lose my job.

    Any advices? Maybe someone had a similar situation?

    submitted by /u/Trevigol
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    "Taking profits" from my SHIB investment and putting them into projects I actually believe in

    Posted: 03 Nov 2021 11:14 PM PDT

    I put a bit of extra cash into SHIB a few weeks ago, long after the largest pump had already passed. I figured there may still be a bit of steam left in the hype train, and I guess I was right! Made some decent gains from it, and now that it's been trading sideways for a few days now, I decided to take out my initial investment and divvy it up between some promising tokens I had yet to get into.

    In case anyone is curious, they are:

    • Tezos (XTZ)
    • The Graph (GRT)
    • ChainLink (LINK)
    • and Polygon (MATIC)

    This sub tends to make a big deal about taking profits, but as long as you're okay with a taxable event, why not widen your spread? If anyone else is sitting on some shitcoin gains, I'd like to know what your plans are.

    submitted by /u/ConnerWoods
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    How to become a Crypto Millionaire for dummies

    Posted: 03 Nov 2021 09:36 AM PDT

    So first you need $1000. If you don't have $1000 go get a job right now. Job market is hotter than shilling meme coins in the daily.

    Once you have $1000 buy a coin that is going to 10x. Wait for it to 10x then time the top perfectly and sell.

    Now take your $10,000 and pick another coin that's going to 10x. Wait for it to 10x then time the top perfectly and sell.

    Finally take your $100,000 and pick a third coin that's going to 10x. Wait for it to 10x then time the top perfectly and sell.

    Bam..now you're a crypto millionaire. Do whatever you want with the rest of the money after you buy your Lambo.

    Oh yeah don't live in the United States or any country that taxes capital gains.

    If your still reading... this is not financial advice or life advice for that matter, this is humor.

    Edit - sorry I can't respond to all of your comments and make breakfast. But there are some golden ones! You are way funnier then I am.

    Edit 2 - oh man! Thank you all! I had a busy day and don't have the energy to respond to all the comments. But thank you! Reading the comments makes me realize what a cool community this is and how funny you all are. Thanks again and good luck to all you and your portfolios!

    Edit 3 - some of your user names are pure genius

    submitted by /u/skyddmarks
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    What happened to Nano?

    Posted: 03 Nov 2021 06:24 PM PDT

    I don't get it? Zero fees, instant transactions, but yet it seems to be frowned on by many. Why did it not blow up? How is it not on Coinbase? Am I missing something? I have used nano to send small sums of money between friends and it always works so well. I even accepted Nano for a market place sell once. The buyer was so excited when he found out that I accepted crypto. Could nano ever come back in a big way?

    I know that Nano is peer to peer, and works in a much different way than say BTC or ETH. Does this make Nano less secure, or is it simply a lack of "innovation"?

    Full disclosure: I have less than 10 Nano. I'm not looking for this to pump. I just want so insight on why it went from "neat-O" to "meh" over time.

    Edit: this really blew up. Thank you for the rewards kind strangers!

    submitted by /u/thekelkin
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    Whats the deal with Banano?

    Posted: 04 Nov 2021 02:23 AM PDT

    latley i see many post in all crypto groups shilling Banano coin and yet i do not understand what is all the hype around it?

    i see it on daily basis so I have checked it and noticed there is a microcap of 1.3 million and 3000ish addresses that hold on that coin, ONE. THREE MILLION! it is super small cap for a coin that get shilled that way.! with that said i do not understand why i see so many posts about it but i had to chip in and get my share of Banano just incase it will reach 100million marketcap. as far as i understand it is feeless meme coin that tip you by simple tasks of discord and telegram bot and that way you can earn Banano and you do not really have to buy it. I wonder how many of you heard of Banano? do you guys hold some? seems like it is on its right way to grow with all the meme, gifs and post on it in the last week. have a blessed week rich with potassium y'all.

    submitted by /u/Pitiful-Tap3578
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    The biggest thing I've learnt about crypto over the past 7 years.

    Posted: 04 Nov 2021 02:03 AM PDT

    Is overwhelmingly, to hold.

    Even in a bear market, when the charts are bleeding red. To hold.

    Even when there's threads about taking profits, telling me to take out 10%, 20%, yada yada yada. Even when you think taking out a portion of a Bitcoin is the smart move. It never is.

    If you cannot afford to buy large amounts, simply DCA and stay AFK.

    Do not. Take profits.

    Why?

    Here's a personal anecdote.

    I didn't realize how valuable Bitcoin was around this time in 2016, hitting $700, I thought to myself, "Wow! It 2x'ed!, lets sell and take the easy profits. Crypto is easy money. I'm going to wait for a correction to $400 and re-buy and make some more!"

    Alas, the chance never arose.

    Once a week, I would watch the charts, trying to time the perfect moment, to buy back in. However, I felt like it was always overpriced. To my disbelief, over the course of the entire YEAR, I watched it grow from a mere $700.....to over $7,000.

    It actually put me off crypto, all the way until the Covid-19 crisis of last year. I didn't make the same mistake and slowly started buying some Bitcoin over the course of the year.

    My only regret? Not buying more, and putting off on buying ETH.

    Want to make long-term profit and true money?

    DCA and stay AFK.

    submitted by /u/imadade
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    Bitcoin is expected to reach $98,000 this month, according to PlanB

    Posted: 04 Nov 2021 03:05 AM PDT

    V.Buterin, "ZK-Rrollups are going to win long-term in all use cases". Here are some zkRollup projects to look forward to...

    Posted: 03 Nov 2021 12:27 PM PDT

    zk rollups give tons of scalability by taking and compressing data and computations off-chain.

    Here are some projects:

    Loopring ($LRC)

    Loopring is an Ethereum Layer 2 scaling protocol that allows the building of high-throughput, low-cost, non-custodial AMMs and payment applications on Ethereum by leveraging ZK proofs.

    It is highly secure, providing 100% Ethereum-level security. Users in the Loopring ecosystem have full control of their assets ensured by ZK-Rollups.

    Loopring powers payments by batch-processing off-chain requests via ZK-Rollups. Most operations, such as trade and transfer settlements, etc., off the Ethereum blockchain, reduce gas consumption and overall transaction costs. Loopring can settle up to 2025 trades per second.

    ZKSwap ($ZKS)

    ... is a layer2 DEX based on the ZK-Rollup technology and using the AMM model. ZKSwap provides zero-gas fee swapping and instantaneous confirmation, solving the scaling issues, with peak TVL over $1 billion. Unlike other layer2 solutions, the withdrawal from ZKSwap to layer1 is also very quick, taking approximately 40 minutes.

    Currently live on Ethereum, ZKSwap will soon be implemented on BSC, HECO and OKEX Chain, #layer2_for_all. ZKSwap V2 is launching soon in June, enabling unlimited listing! After V2, we will launch #layer2_for_all and soon NFT swapping on layer2.

    StarkWare

    ZK-STARK is a cryptographic proof technology that allows users to share data and perform computation with third-party without revealing data.

    It improves scalability by allowing developers to move computation and storage off-chain.

    ZK-STARKs are scalable in computational speed but are vulnerable to attacks from quantum computers due to cryptography.

    It satisfies asymptotically optimal efficiency.

    DeversiFi has integrated ZK-STARK that allows 9000+ trades per second.

    zkSync

    zkSync solves Ethereum scalability by ensuring 100% security.

    zkSync supports meta-transactions, instant confirmation with affordable finality, and less expensive privacy.

    zkSync is unconditionally permissionless and growing down the path of progressive decentralization.

    It takes 10 minutes for finality and has the lowest real tx costs-0.5k gas per tx.

    Users can sign the transaction with their usual Ethereum wallet by signing an EIP712 message.

    Aztec

    Aztec provides ZK-SNARK service to the mainnet enabling the scaling and shielding of transactions.

    Aztec is the ultimate security shield from the internet of money, ensuring user's data protection on Web 3.0. The sender and recipient identities are hidden. They are also ensuring balance and code privacy. Private transactions are computed in seconds. Each Rollup aggregates 112 transactions, making users pay a much lower gas fee by splitting the cost of a single proof. Aztec can scale on-demand up 300 transactions per second.

    Polygon-Hermez Network ($HEZ) ($HEZ to soon become $MATIC pegged at 1HEZ=3.5 MATIC)

    Hermez is an open-source ZK-Rollup solution that enables secure, economical, and usable token transfers on the wings of Ethereum.

    It offers computational integrity for secure transactions.

    Using ZK-Rollups, Hermez offers 90% transfer cost reductions, allowing more accessible financial services for mainstream adoption.

    It guarantees computational integrity and on-chain data availability.

    Anyone can bid in a decentralized auction to create the next batch on Hermez, and each successful transaction is rewarded with collected transaction fees.

    submitted by /u/michaeljpec
    [link] [comments]

    Someone here tiped me 0.008 BCH(5$) and I never felt happier in my life.

    Posted: 04 Nov 2021 12:46 AM PDT

    So all that happened while I did a post about the comparing the matority of this sub with subs from shitcoins/memecoins.

    I got a few comments first that agreed with me and I already was really happy that the amount of up votes would be irrelevant to me.

    But then it happened, I got a private message saying I got tiped, first I could not believe it and after that I was really happy. That one person basically made my whole day.

    This tip also shows that crypto has become more usual and is probably waaaaaaay easier to tip digitally than any other thing.

    And the most importantly this is the first thing I directly earned (as I'm just a college student yet) . Of course I have moons and staking rewards but those are more indirect things you get as a "side product".

    Crypto likely is the first "income" for many young people.

    submitted by /u/partymsl
    [link] [comments]

    Millennials believe crypto will teach boomers a lesson

    Posted: 04 Nov 2021 03:03 AM PDT

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