Hitchcock

Cardano is testing again the 0.40 mark. Will it brake out if it goes above? Or does it fall back again?

Meta shares add 18% in after better than expected revenue.

what are your thoughts on DJED, Cardano's Stablecoin? The paper looks rather complicated. Djed is a stablecoin contract on the Cardano network backed by over-collateralized ADA. It uses a reserve of ADA to mint and burn stablecoins and reserve coins, maintaining a stable price through buying and selling, fees, and revenue accruing in the reserve, which benefits reserve coin holders who support the reserve and accept price fluctuation risk. DJED Cardano Stablecoin Paper.pdf

Cardano (ADA) is a decentralized blockchain platform that was created with the goal of delivering a more secure, scalable, and sustainable solution for the development and deployment of decentralized applications (dApps) and smart contracts. It was founded by IOHK (Input Output Hong Kong) in 2015 and has since become one of the largest and most popular cryptocurrencies in the world. Cardano operates on a decentralized network of nodes and uses a proof-of-stake (PoS) consensus algorithm to validate transactions and secure the network. In PoS, participants are selected to validate transactions and add new blocks to the blockchain based on the amount of ADA they hold and stake. This makes it a more energy-efficient and environmentally friendly alternative to the proof-of-work (PoW) consensus algorithm used by platforms like Bitcoin. One of the key features of Cardano is its focus on security and sustainability. The platform was built using a multi-layer architecture that separates the layer that handles transactions from the layer that manages the execution of smart contracts. This makes it more secure and allows for easier upgrades and improvements to the platform over time. Cardano also has a strong focus on sustainability, with a goal of reducing the energy consumption and carbon footprint of the network. This is achieved through the use of PoS, which consumes significantly less energy than PoW, as well as through other initiatives like the Cardano Sustainability Fund, which invests in renewable energy and other sustainable initiatives. Another important aspect of Cardano is its support for smart contracts. Smart contracts are self-executing contracts with the terms of the agreement written directly into code. They can be used to automate various processes and transactions, such as the exchange of assets or the release of funds. Cardano supports the development and deployment of smart contracts through its Solidity programming language, which is based on the popular Ethereum programming language. The native digital currency of Cardano is ADA, which is used as a means of exchange on the platform and is also used to pay for transaction fees and to reward participants for validating transactions. ADA has become a popular investment option, with many cryptocurrency enthusiasts buying and holding the currency in the hope of future price appreciation. In conclusion, Cardano is a decentralized blockchain platform that was created with the goal of delivering a more secure, scalable, and sustainable solution for the development and deployment of decentralized applications and smart contracts. Its focus on security and sustainability, combined with its support for smart contracts and its native digital currency ADA, make it a popular platform for the development of decentralized finance (DeFi) solutions and other blockchain-based applications.

Where do you guys stake your Akash tokens? Akash Staking is a process in which participants can earn rewards by holding and staking their AKT tokens on the Akash Network, a decentralized cloud computing platform. By staking their tokens, participants help to secure the network and validate transactions, in return for rewards in the form of newly minted AKT tokens. This helps to ensure the security and stability of the network while providing an incentive for participants to contribute to its growth and development.

Akash Network (AKT) is a decentralized, open-source cloud computing platform that aims to provide affordable, secure, and scalable computing resources for businesses and individuals. It was founded with the goal of democratizing access to cloud computing resources and eliminating the need for centralized cloud computing providers like Amazon Web Services and Microsoft Azure. The Akash Network operates on a decentralized network of nodes and uses blockchain technology to provide a secure and transparent marketplace for buying and selling cloud computing resources. This marketplace allows individuals and businesses to buy and sell computing resources on-demand, without the need for a centralized provider. This not only provides a more affordable and accessible alternative to centralized cloud computing services, but it also allows for greater control and privacy over data and computing resources. One of the key features of the Akash Network is its use of staking to secure the network and validate transactions. Participants can earn rewards by staking their AKT tokens, which are used to pay for transaction fees and provide security to the network. This not only provides an incentive for participants to contribute to the network, but it also helps to ensure the security and stability of the network. The Akash Network is also designed to be scalable and flexible, allowing for the deployment of various applications and services. It supports the deployment of various applications and services, including web applications, big data processing, and machine learning. This makes it a versatile platform that can be used for a wide range of applications and use cases. In conclusion, the Akash Network is a decentralized, open-source cloud computing platform that aims to provide affordable, secure, and scalable computing resources for businesses and individuals. Its use of blockchain technology and staking, combined with its flexible and scalable design, makes it a promising solution for businesses and individuals looking for an alternative to centralized cloud computing services.

Ethereum (ETH) is a decentralized blockchain platform that was launched in 2015. It was founded by Vitalik Buterin and has since become one of the largest and most popular cryptocurrencies in the world. Unlike Bitcoin, which was primarily designed as a decentralized digital currency, Ethereum was designed to be a full-fledged blockchain platform that supports the development and deployment of decentralized applications (dApps). Ethereum operates on a decentralized network of nodes and uses a consensus algorithm known as proof-of-work (PoW) to validate transactions and secure the network. This algorithm requires participants to compete to solve complex mathematical problems in order to validate transactions and add new blocks to the blockchain. As a reward for their efforts, participants receive ETH. One of the key features of Ethereum is its support for smart contracts. Smart contracts are self-executing contracts with the terms of the agreement written directly into code. They can be used to automate various processes and transactions, such as the exchange of assets or the release of funds. This has made Ethereum a popular platform for the development of decentralized finance (DeFi) applications and other blockchain-based solutions. Another important aspect of Ethereum is its native digital currency, ETH. ETH is used as a means of exchange on the platform and is also used to pay for transaction fees and to reward participants for validating transactions. ETH has become a popular investment option, with many cryptocurrency enthusiasts buying and holding the currency in the hope of future price appreciation. Ethereum is also planning to transition from its current proof-of-work consensus algorithm to a proof-of-stake (PoS) algorithm in the near future. PoS is a more energy-efficient consensus algorithm that does not require participants to compete to solve complex mathematical problems. This transition is expected to improve the scalability and efficiency of the Ethereum network and make it easier for developers to build and deploy decentralized applications. In conclusion, Ethereum is a decentralized blockchain platform that has become one of the largest and most popular cryptocurrencies in the world. Its support for smart contracts and decentralized applications, combined with its native digital currency ETH, has made it a popular platform for the development of decentralized finance solutions and other blockchain-based applications. Its planned transition to proof-of-stake is expected to further improve the efficiency and scalability of the platform.

Ripple (XRP) is a decentralized digital currency and blockchain platform that was created to enable fast, secure, and low-cost cross-border payments. It was founded in 2012 by Chris Larsen and Jed McCaleb with the goal of transforming the traditional financial services industry by providing a more efficient, transparent, and cost-effective payment solution. Ripple operates on a unique consensus algorithm that allows transactions to be processed and verified in a matter of seconds, making it one of the fastest payment platforms in the world. Unlike other cryptocurrencies like Bitcoin and Ethereum, Ripple was designed specifically for use in the financial services industry and as a result, it has received widespread adoption among financial institutions and payment providers around the world. One of the key features of Ripple is its native digital currency, XRP. XRP is used to facilitate cross-border payments and to reduce the cost of these transactions. It acts as a bridge currency between two different fiat currencies, helping to minimize the risk of currency fluctuation and reducing the time it takes to complete a cross-border payment. This has made XRP a popular choice among banks and payment providers looking to streamline their payment operations and provide faster, more reliable service to their customers. Another important aspect of Ripple is its decentralized network, which allows for a secure and transparent payment system that is not subject to the control of any single entity. Transactions are validated by a network of trusted nodes, and the platform's consensus algorithm ensures that all transactions are processed in a fair and efficient manner. This decentralization also makes Ripple's payment platform more resilient to cyberattacks and other forms of tampering, helping to ensure the safety of user funds. Ripple's innovative technology and commitment to improving the efficiency of the payment industry have made it one of the most promising cryptocurrencies in the market. In recent years, the platform has gained significant traction and has established partnerships with some of the world's largest financial institutions, including Santander, American Express, and Standard Chartered. In conclusion, Ripple and its digital currency XRP offer a unique solution to the challenges faced by the traditional financial services industry. Its fast, secure, and low-cost payment platform has made it a popular choice among financial institutions and payment providers around the world, and its innovative technology and decentralized network have made it a promising investment opportunity for cryptocurrency enthusiasts.

Mask Network is a privacy-focused blockchain project that enables secure and decentralized communication, transactions, and data exchange through its native token, MASK. The platform utilizes advanced cryptography and decentralized infrastructure to ensure user data privacy and control. It also enables the creation and deployment of privacy-centric decentralized applications (dApps) that run on the Mask Network blockchain. The ultimate goal of Mask Network is to provide individuals with a more private and secure digital experience while preserving the principles of decentralization and censorship resistance.

Decentraland is a decentralized virtual world platform built on the Ethereum blockchain. It allows users to create, experience, and monetize their own content and applications in a 3D environment. The native cryptocurrency of the platform, MANA, is used to purchase and trade virtual real estate, as well as to access games, applications, and other experiences. One of the key benefits of Decentraland is its decentralized nature. This means that there is no central authority controlling the platform, and all transactions and interactions within the virtual world are secured by the Ethereum blockchain. This provides users with greater control over their assets, as well as ensuring that the platform remains open and accessible to all. The virtual world of Decentraland is divided into parcels of land, known as LAND, which can be purchased and developed by users. This allows for a wide range of content and experiences to be created, from games and applications, to virtual shops and social spaces. The platform also features a vibrant economy, with users able to buy, sell, and trade virtual goods and services using MANA. In addition to its decentralized nature and vibrant economy, Decentraland also offers a range of tools and services to help users create and monetize their content. This includes a visual scripting tool, a marketplace for buying and selling virtual assets, and a range of APIs and plugins to help developers build more sophisticated applications. Overall, Decentraland represents an exciting new frontier in the world of virtual reality and blockchain technology. With its decentralized infrastructure, vibrant economy, and rich ecosystem of content and applications, it provides a unique platform for users to explore, create, and monetize their own experiences.

Tezos is a decentralized, open-source blockchain platform that aims to offer a secure and efficient infrastructure for the creation and execution of smart contracts and decentralized applications (dApps). The platform is built on a unique governance model that allows its stakeholders to propose, vote and implement protocol upgrades and changes to the network, ensuring that the platform evolves in response to the needs of its users. XTZ, the native cryptocurrency of Tezos, serves as the fuel that powers the network and is used to pay for transaction fees, smart contract execution and other services. XTZ has become a widely-traded cryptocurrency and is available on many popular exchanges. One of the key features of Tezos is its use of formal verification, a mathematical process that verifies the accuracy and reliability of smart contracts. This provides an extra layer of security for users and developers, as it eliminates the possibility of certain types of bugs and errors. Tezos also boasts a highly-efficient consensus mechanism known as "liquid proof-of-stake" (LPoS), which allows for fast and secure verification of transactions on the network. This allows the platform to process a high volume of transactions quickly and at a low cost, making it an attractive option for developers and users alike. In addition to its technical capabilities, Tezos has a growing community of developers and users who are building a wide range of applications on the platform. These range from decentralized exchanges, to gaming platforms, to financial applications and more. In conclusion, Tezos is a cutting-edge blockchain platform that offers a secure and efficient infrastructure for the creation and execution of smart contracts and dApps. With its innovative governance model, formal verification, efficient consensus mechanism and growing community, Tezos is poised to play a major role in the evolution of the decentralized web.

Chromia is a next-generation blockchain platform that aims to revolutionize the way that dApps (decentralized applications) are built and used. Developed by ChromaWay, a Sweden-based blockchain company, Chromia is designed to be a highly scalable and secure platform that can be used for a wide range of use cases, from gaming and social media to finance and supply chain management. One of the key features of Chromia is its relational blockchain architecture, which allows for the creation of dApps that are more flexible and powerful than those built on traditional blockchain platforms. Chromia's relational blockchain allows for the creation of dApps that can store and manage large amounts of data, while also providing a high degree of security and decentralization. Additionally, Chromia is designed to be highly modular and customizable, which allows developers to easily build and deploy dApps on the platform. The platform provides developers with a variety of tools and resources, such as smart contract templates and pre-built modules, that can be used to quickly and easily create new dApps. Another important aspect of Chromia is its focus on community governance and decentralization. Chromia is built on a decentralized network of nodes, which allows for a high degree of security and stability. Additionally, the platform is governed by a community of users and stakeholders, which helps to ensure that the platform is always aligned with the needs and interests of its users. In terms of use cases, Chromia has a wide range of potential applications, from gaming and social media to finance and supply chain management. One of the most notable use cases for Chromia is in the gaming industry, where the platform's scalability and flexibility make it well-suited for building and running large-scale online games. In conclusion, Chromia is a blockchain platform that aims to revolutionize the way that dApps are built and used. Its relational blockchain architecture, modular design, and community-driven governance model make it a powerful and flexible platform that can be used for a wide range of use cases. Its high scalability and security make it a suitable platform for gaming and other high-performance dApps. It has a wide range of potential applications, from gaming and social media to finance and supply chain management.

Ascendex Token (ASD) is a digital asset that is native to the Ascendex exchange. It is used as a utility token that gives users access to a variety of benefits and features on the Ascendex platform. The Ascendex exchange is a digital asset trading platform that provides spot and margin trading services for a variety of cryptocurrencies. The exchange was founded in 2019 and is based in Seychelles. Holders of the Ascendex Token (ASD) are able to enjoy a variety of benefits on the Ascendex platform, such as reduced trading fees, increased withdrawal limits, and access to exclusive trading pairs. Additionally, they can participate in the exchange's token buyback and burn program, which uses part of the exchange's revenue to repurchase and retire ASD tokens, potentially increasing the value of remaining tokens. ASD is also used as a governance token, allowing holders to vote on proposals and take part in the decision-making process of the Ascendex platform. More about Ascendex

Basic Attention Token (BAT) is a cryptocurrency and blockchain-based digital advertising platform. It is designed to improve the efficiency and security of the digital advertising industry by creating a transparent, decentralized system for the exchange of value between advertisers, publishers, and users. BAT is the native token of the platform and is used to facilitate transactions and rewards on the network. The platform was created by the team behind Brave, a privacy-focused web browser that blocks unwanted ads and trackers. The Brave browser integrates with the BAT platform, allowing users to earn BAT for viewing ads and for using the browser. Users can then use their BAT to support their favorite websites and content creators through Brave's built-in micropayments system. One of the key features of BAT is its use of blockchain technology to create a more transparent and efficient system for digital advertising. The platform uses smart contracts to automate the process of ad matching, targeting, and delivery, while also ensuring that all parties involved in the advertising process are fairly compensated. This eliminates the need for intermediaries and reduces the cost and complexity of digital advertising. Another major feature of BAT is its focus on user privacy. The Brave browser blocks unwanted ads and trackers by default, which means that users are not only protected from unwanted ads but also from the data collection and profiling that often goes along with them. In addition to the Brave browser, the BAT platform is also integrated with other popular browsers and platforms, including Firefox, Chrome, and iOS. This allows advertisers to reach a wider audience and gives users more choice and control over their digital advertising experience. In summary, Basic Attention Token (BAT) is a cryptocurrency and blockchain-based digital advertising platform that aims to improve the efficiency, security, and transparency of the digital advertising industry. It is built on the privacy-focused Brave browser, which allows users to earn tokens by viewing ads and using the browser. BAT uses blockchain technology and smart contract to automate the process of ad matching, targeting, and delivery, while also ensuring that all parties involved in the advertising process are fairly compensated. The platform is integrated with other popular browsers and platforms, including Firefox, Chrome, and iOS. This allows advertisers to reach a wider audience and gives users more choice and control over their digital advertising experience. In addition to the browser integration, the BAT platform also has a growing ecosystem of publishers, content creators, and advertisers that are using the platform to connect with users and monetize their content. Many of these publishers and creators have found success using the platform, as it allows them to connect with users directly and monetize their content in a more sustainable and transparent way. Overall, Basic Attention Token (BAT) is a unique and innovative project that aims to revolutionize the digital advertising industry by creating a more efficient, transparent, and user-centric ecosystem. It has a strong focus on user privacy and offers a wide range of features and tools that allows users, publishers and advertisers to benefit from it. The platform's integration with popular browsers and platforms, along with its growing ecosystem of publishers, content creators, and advertisers, make it a promising project with a lot of potential.

Audius is a decentralized music streaming and sharing platform built on blockchain technology. The platform aims to empower artists and creators by giving them greater control over their content and revenue streams, as well as providing a more transparent and fair way for them to connect with their fans. One of the key features of Audius is its use of smart contracts, which allow for the automatic and secure distribution of royalties to artists and rights holders. This eliminates the need for intermediaries and ensures that artists receive a fair share of the revenue generated by their content. Additionally, Audius utilizes a token-based economy where the AUDIO token is used to incentivize the community to curate and promote good content, and to access exclusive content and features on the platform. Audius also aims to provide a more open and decentralized alternative to traditional music streaming platforms. The platform is built on a decentralized infrastructure, which means that it is not controlled by any single entity or organization. Instead, it is maintained by a community of users and developers who work together to ensure the platform's continued development and growth. In addition to its focus on decentralization and transparency, Audius also aims to provide a more engaging and immersive experience for music fans. The platform includes features such as live streaming and social interaction that allow fans to connect with their favorite artists and discover new music in a more dynamic and interactive way. Overall, Audius is a unique and ambitious project that aims to revolutionize the music industry by providing a more transparent, fair, and engaging way for artists and fans to connect and share music. It's built on a decentralized infrastructure that gives more power to the creators, and uses smart contracts and token-based economy to incentivize the community to curate and promote good content. Official Website https://audius.co/

KAVA is a decentralized finance (DeFi) platform and cryptocurrency that aims to provide a stable, secure, and decentralized infrastructure for the issuance and use of stablecoins. KAVA is built on the Cosmos network, which is a blockchain ecosystem that allows for the interoperability of different blockchain networks. One of the key features of KAVA is its use of a unique consensus mechanism called "Harmony Consensus." This mechanism uses a combination of validator voting and liquidity provision to ensure the security and stability of the KAVA network. This allows for a more decentralized and community-driven approach to consensus, as opposed to the traditional Proof of Work or Proof of Stake mechanisms used by other blockchain networks. KAVA also utilizes a system of collateralized debt positions (CDPs) to create and manage stablecoins. In this system, users can collateralize their assets (such as Bitcoin or other cryptocurrencies) in order to borrow stablecoins such as USDX, KAVA's stablecoin, which is pegged to the value of the US dollar. This allows for the creation of stablecoins that are backed by real assets, which helps to ensure their stability. The platform also features a built-in decentralized exchange (DEX) called "KAVA DEX," which allows for fast and efficient trading of tokens and stablecoins. This allows users to trade tokens quickly and efficiently, without having to rely on centralized exchanges. In summary, KAVA is a DeFi platform and cryptocurrency that aims to provide a stable, secure, and decentralized infrastructure for the issuance and use of stablecoins. Its use of Harmony Consensus, collateralized debt positions, and built-in decentralized exchange allows for more decentralized and community-driven approach to consensus and trading, making it a suitable infrastructure for DeFi.

SWP was the reward token for Kava Swap. Seams to be close to worthless, what has happened here?

Polygon (formerly known as Matic Network) is a cryptocurrency and blockchain platform that aims to provide fast and low-cost transactions for decentralized applications (dApps). It was developed by Polygon Foundation and launched in 2021. One of the key features of Polygon is its use of a technology called "Plasma" which allows for the creation of multiple side chains that run parallel to the main Ethereum blockchain. These side chains, called "child chains," are connected to the main Ethereum blockchain through a process called "pegging." This allows for faster and cheaper transactions, as transactions on the child chains are not subject to the same network congestion and high gas fees as transactions on the main Ethereum blockchain. Polygon also utilizes a consensus mechanism called "Proof of Stake" (PoS) which allows for the network to be secured by validators. These validators are responsible for maintaining the integrity of the network and are rewarded for their efforts with the native cryptocurrency of Polygon, called MATIC. This allows for a more energy-efficient and sustainable way of maintaining the network compared to the energy-intensive Proof of Work consensus used by other blockchain networks. The platform also features a decentralized file storage system called "IPFS" which allows users to store and share files on the Polygon network. This allows developers to build decentralized applications that rely on file storage, such as video and image sharing platforms. Polygon also has its own decentralized exchange (DEX) called "QuickSwap" which supports fast and efficient trading of tokens. This allows users to trade tokens quickly and efficiently, without having to rely on centralized exchanges. In summary, Polygon is a cryptocurrency and blockchain platform that aims to provide fast and low-cost transactions for decentralized applications. Its use of Plasma technology and Proof of Stake consensus mechanism allows for faster and cheaper transactions, and its built-in token standard and decentralized file storage system allow for easy development and management of dApps.

Solana is a high-performance blockchain platform that aims to provide fast and scalable solutions for decentralized applications (dApps). It was developed by Solana Labs and was launched in 2020. Solana utilizes a unique consensus algorithm called "Proof of Stake Velocity" (PoSV) which combines elements of both Proof of Stake (PoS) and Proof of Work (PoW) to achieve high throughput and low latency. The PoSV algorithm uses a network of validators to validate transactions and secure the network, with each validator being required to hold a certain amount of Solana tokens (SOL) as collateral. This allows Solana to achieve high transaction speeds, with the network currently capable of processing up to 65,000 transactions per second. One of the key features of Solana is its use of a technology called "Tower BFT", which is a variation of the Byzantine Fault Tolerance (BFT) consensus algorithm. This allows Solana to achieve fast and efficient consensus, even in the presence of malicious actors. Solana also features a decentralized file storage system called "Filecoin", which allows users to store and share files on the Solana network. This allows developers to build decentralized applications that rely on file storage, such as video and image sharing platforms. Additionally, Solana has a built-in token standard called "SOL", which is used to pay for transaction fees on the network. This allows developers to easily create and manage their own tokens on the Solana platform. Solana also has its own decentralized exchange (DEX) called Serum, which supports fast and efficient trading of tokens. This allows users to trade tokens quickly and efficiently, without having to rely on centralized exchanges. Overall, Solana is a blockchain platform that aims to provide fast and scalable solutions for decentralized applications. Its unique consensus algorithm, Tower BFT, allows for fast and efficient consensus, and its built-in token standard and decentralized file storage system allow for easy development and management of dApps.

Kava keeps losing on a daily bases and reached new lows around 0.53 USD today. When will the downtrend stop?

The Website of AAX aax.com is no longer reachable. As well there are no news and announcements. Doesn't look to good for AAX in my opinion.

New update is available on their website. https://trends.aax.com/aax-operational-updates Doesn't look to good from my point of view. AAX needs more Capital in order to continuing their operation.

Apparently the Turkish Entity of FTX https://ftxtr.com/ refunded some customer and put a note on the website.

According to Bloomberg Sam Bankman-Fried said in an Interview with Odd Lots that there is a Box that has value only because other people put money in it. Seams that money was used and spend on some crypto projects that only have very little value left.