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[Announcement] ArchEthic Mainnet is now LIVE!!

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@UnirisUniris

Our vision is to make blockchain services accessible to the world through decentralized identity. Be the only key.

The time has finally arrived. Uniris Blockchain also known as ArchEthic is now launched. We are proud to announce and deploy it on the official release date of Wednesday, June 30, 2021!

Before we deep dive into the details of ArchEthic, we would like to remind you of some of the challenges in the technology space today like security and privacy, which gave rise to the fundamental architecture and vision behind ArchEthic Public Blockchain.

As more economic activities move online, we need internet-native tools for building productive economies. Many people have a mobile phone with internet access. Social apps, online communities, financial systems, and marketplaces are a part of our day to day lives. But there are a bunch of challenges with this internet-based ecosystem.

It is highly centralised and the security systems that protect our data and identity are outdated – so much so that anyone’s data can be compromised. Just how far can an individual know how secure is your data on the internet? Who owns the data or, how is it used?

As we move into the future, we need increasingly nuanced security, privacy, and data sovereignty.

Blockchain technology can solve the privacy and security challenges of the internet. But most of the blockchain solutions in the market compromise scalability, energy consumption and simplicity of access.

4 years ago, keeping all these tradeoffs in mind, the Uniris team decided to build a Decentralized Consensus Protocol from the grounds up that would not only be more efficient than other blockchains but would be infinitely better at scalability, security, sustainability, and simplicity.

ArchEthic’s Key Advantages (The 4S)

Thanks to the 12 International Patents filed across USA, EU, India, and China, the advantages are many! We have tried to summarise it using the 4S.

Security: Ability to handle even 90% of malicious nodes. All the blockchains today are compromised with 51% or 66% attacks. That means, if maliciousness in the blockchain network exceeds 51% or 66% then the network is compromised. ArchEthic through ‘Hypergeometric Distribution Law’ can handle up to 90% of malicious nodes.

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Scalability: >1 million transactions/sec. This is achieved through

1. Transaction Chains: Where each block in a chain is reduced to its atomic form. This creates the potential to handle infinite chains.

2. Hyper-geometric Law: Where only 200 nodes are needed to validate a transaction. (refer the above equation)

Sustainability: 3.6 billion times efficient! ArchEthic only consumes 0.42 Ws per transaction or the energy equivalent in joules to one-tenth of a gram of sugar. This is also 3.6 billion times less than Bitcoin (420 Kwh) or 60000 times less than EOS (7Wh).

Simplicity: Grandmother proof! Anyone can design, build, and deploy any type of smart contract on ArchEthic. This is so simple that even your grandmother can deploy a smart contract. This is achieved through drag and drop, blockly-like human interface! The complexity of managing keys (public key, private key) is also simplified.

ArchEthic Mainnet (Beta) Launch

The Mainnet is launched on 30th of June, 2021! This is a Beta version of the mainnet. Both the Mainnet and the Testnet will be running simultaneously on similar hardware! Mainnet deployed can be used to build DApps, once the developers have tested it on the testnet.

To know more about Dapps and potential opportunities in Dapps drop us an email at [email protected]

How does it look?

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Mainnet Roadmap

After the launch of MainNet, our first goal will be to monitor, resolve any issues or bugs that may arise and stabilise. After that, we’ll focus on building Version 1.

To know more ArchEthic Blockchain, do read our 1 pager.

Background of Uniris

Uniris develops an Integrated Services Platform (DApps and Decentralized Identity).

Its blockchain infrastructure is the most scalable, secure & energy-efficient solution on the market thanks to the implementation of a new consensus:  “ARCH”.

Uniris smart-contracts expand developers’ boundaries by introducing internal oracle, time-triggers, editable content & interpreted language.

Through native integration for DeFi, NFTs & decentralized identity; Uniris offers an inclusive and interoperable ecosystem for all blockchains.

In order to achieve long-term vision of an autonomous network in the hands of the world population, we developed a biometric device respecting personal data privacy (GDPR compliant).

Making the blockchain world accessible with the tip of a finger.

Be the only key.

by Uniris @Uniris. Our vision is to make blockchain services accessible to the world through decentralized identity. Be the only key. Read my stories

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Source: https://hackernoon.com/announcement-archethic-mainnet-is-now-live-q11u357d?source=rss

Blockchain

Solana (SOL) Price to Hit $300 Soon! Is this the Last Opportunity to Buy the Dip?

solana

The post Solana (SOL) Price to Hit $300 Soon! Is this the Last Opportunity to Buy the Dip? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

During the early Asian trading hours, The broader cryptocurrency market has seen recovering from recent losses. Bitcoin and Ethereum are showing signs of a rebound while Cardano price is still consolidating within $2.3. Solana turned out to be the worst performer of the day after shedding 13% of its value in a week. In the …

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During the early Asian trading hours, The broader cryptocurrency market has seen recovering from recent losses. Bitcoin and Ethereum are showing signs of a rebound while Cardano price is still consolidating within $2.3.

Solana turned out to be the worst performer of the day after shedding 13% of its value in a week. In the past 24 hours, Solana witnessed Major corrections as the token hit the lows at $130.69. However, during the early Asian trading hours, SOL Price showed some recovery

Solana has been highly volatile in the last couple of weeks. Initially, this Ethereum rival exploded to a new all-time high of around $215. However, a widespread crash in the market resulted in massive losses hitting $128. 

Solana Price Analysis :

Solana is seeing some buying resurgence on Saturday, as it reverses Friday’s temporary drop to near the $127.50 region. At the time of writing, SOL is trading at $139.54 with 5% gains. 

If the price rebounds off it, the bulls will again try to thrust and sustain the price above the downtrend line. If they can pull it off, the pair could rise to $170 and then to $200.

TradingView Chart

The bears have pulled the price back below the 20-day EMA today and the SOL/USDT pair could now drop to $108. This level is likely to act as strong support.

Conversely, if the 50-day SMA cracks, the SOL/USDT we can expect increased selling pressure, and the price could then drop to the retracement level at $98.26.

Further, the initial support lies at $123. The next support levels are followed by $119, $112, $110, and $100. On the flip side, the initial resistance lies at $150. The next resistance levels are followed by $160, $180, and $200.

SOL Price to Hit $300

Popular Analyst with Twitter handle @galaxyBTC  seems to be bullish on Solana price. The analyst shared a chart stating the SOL price is eyeing to hit $300. 

Additionally, Well known YouTuber with channel name EllioTrades  Picks 10 Altcoins that are poised for 30x in the coming bull rally. According to the analyst, If the SOL Price Drops below $100 or $70 then we can expect the altcoin to reach a new high.

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Source: https://coinpedia.org/price-analysis/solana-sol-price-to-hit-300-soon-is-this-the-last-opportunity-to-buy-the-dip/

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Blockchain

Attention Traders!!! This Could Be Your Last Chance To Become Cardano Millionaires

cardano partnership

The post Attention Traders!!! This Could Be Your Last Chance To Become Cardano Millionaires appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

The crypto market continues to keep the traders on their toes, as the uncertainty is approaching the skies slowly. However, among extreme volatility, Cardano appears pretty strong and reliable which has the capacity to extract huge profits. But will the rally reach its peak by the end of 2021 or continue in early 2022?  Ever …

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The crypto market continues to keep the traders on their toes, as the uncertainty is approaching the skies slowly. However, among extreme volatility, Cardano appears pretty strong and reliable which has the capacity to extract huge profits. But will the rally reach its peak by the end of 2021 or continue in early 2022? 

Ever since the Evergranade crisis has shaken the world market, the crypto market has also not been spared. Moreover, the rounds of China Ban just ruined the recovery each asset were undergoing since the Sept 15th sell-off. Yet like every time, Cardano remained away from the crowd following its own rally. 

Also Read: XRP & ADA Price Action: Analyst Maps Next Directions for XRP & Cardano Price!

Considering the latest sell-off, where Bitcoin and Ethereum are still struggling very hard to reach $45K and $3K respectively, Cardano easily climbed close to $2.4 from recent lows of $2.06. And moreover, the price is currently forming higher highs constantly and marching strongly to smash $2.5 soon. However, the bear market can still be on its toes, but before that Cardano could have produced many millionaires. 

The price followed a cup and handle since the rebound after the mid-September, however, the pattern has inversed now. And hence a slight pullback could be fast approaching yet the price could still sustain $2. And hence after a small correction, yet the ADA price could still rally above the ATH around $3.1 to hit close to $4. 

adasurge

Collectively, Cardano price is currently appearing a little strong than the other altcoins, as it’s undergoing a serious rebound. However, the ADA price is currently around $2.36 with nearly 7.85% in the past 24 hours. The trading volume also has risen more than 73% to range more than $6 billion. Moreover, the upcoming Cardano Summit could provide enough boost for the price.

Also Read: AVAX, SOL, SUSHI and MOVR To Go For 30X After the Dump! But How?

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Source: https://coinpedia.org/price-analysis/attention-traders-last-chance-to-become-cardano-millionaries/

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Blockchain

AVAX, SOL, SUSHI and MOVR To Go For 30X After the Dump! But How?

Altcoins

The post AVAX, SOL, SUSHI and MOVR To Go For 30X After the Dump! But How? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

Economic turmoil coming out of the Chinese market has threatened the crypto space for the second time this year. But every dip is for creating our own opportunity in order to gain massive profits! Therefore, buying the right asset is a challenge that holds the strong fundamentals and can bring you more gains. This article …

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Economic turmoil coming out of the Chinese market has threatened the crypto space for the second time this year. But every dip is for creating our own opportunity in order to gain massive profits! Therefore, buying the right asset is a challenge that holds the strong fundamentals and can bring you more gains. This article will help you understand the top altcoins that have the strong potential to go for 30X after the dump.

AVAX (Avalanche): 

Avalanche (AVAX) is one of the fastest smart contracts platforms built by Ava Labs. This Proof-of-Stake blockchain can process 4,500 transactions per second. 

AVAX price is trading at $71.10 at the press time. Due to the bear market sentiments, the price is down by 10.73% in the last two days. EllioTrades, a popular crypto platform and co-founder of SuperFarmDAO roots the AVAX price to skyrocket to new milestones by surging at least 5x, if it plunges well below the $50 support level.

Recent News on AVAX:

  • The AVAX platform has seen exceptional growth over the past few weeks, from $0.5 billion in TVL from August 1st week to $3 billion on September 24th.
  • On September 22nd, 2021 Alpha Homora V2 launched on Avalanche blockchain. Now the users have access to leverage yield farm with competitive gas fees.  
avax

Solana (SOL)

The Solana ecosystem made two good moves in the year 2021.  In the first half of 2021, the SOL price rallied from $4.22 to $56 on May 18th. And in the second half of 2021, the rise was even more intense. The SOL price hit an ATH of $214.96 in September 1st week.

EllioTrades predict if the SOL price slumps down below $100 or even $70 then that creates a strong buy opportunity. According to the platform, the SOL  price will skyrocket if it retests that level.

Solana roadmap looks interesting as unique projects are awaiting launch. Investing in the right frame is what can bring profits. 

SushiSwap (SUSHI):

SushiSwap (SUSHI) is an automated market maker (AMM), utilises smart contracts to create markets for given pair of tokens. 

With a slight pullback, the SUSHI price is trading at $9.52 at the press time. EllioTrades say the SUSHI token is the best option to buy if its price falls well below $3 or $2.

Speculations say SUSHI is set for the world’s one of the largest NFT marketplace launches to compete against OpenSea, SUSHI price is expected to reach new highs once the launch happens.

MoonRiver (MOVR):

This Ethereum compatible, smart-contract parachain on Kusama is another coin on the cart of EllioTrades. The platform made a whopping prediction for MOVR, says if MOVR price retests between $180 to $200, then the protocol could bring huge profits!

On September 21st, the Moonsama team launched the first NFT marketplace on Moonriver. Many projects in the pipeline MOVR may soon surge to new highs.

Collectively, the EllioTrades platform also included Osmosis, StarAtlas, UFO Gaming and Rari Governance Tokens to their cart. Buying the above-mentioned assets by taking calculative risks will bring more gains, and investing in the wrong time frame would result in disastrous losses. 

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Source: https://coinpedia.org/altcoin/avax-sol-sushi-movr-price-to-go-30x-after-the-dump/

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Blockchain

XRP & ADA Price Action: Analyst Maps Next Directions for XRP & Cardano Price!

Earb Crypto

The post XRP & ADA Price Action: Analyst Maps Next Directions for XRP & Cardano Price! appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

Bitcoin price plunged to $42,732.98 on Saturday, down 3.95% in the last 24 hours. The market cap of the largest cryptocurrency stood at $801.92 billion. Bears have seized the initiative by the end of the week as all of the coins from the top 10 list are in the red zone. Micheal van de Poppe …

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Bitcoin price plunged to $42,732.98 on Saturday, down 3.95% in the last 24 hours. The market cap of the largest cryptocurrency stood at $801.92 billion. Bears have seized the initiative by the end of the week as all of the coins from the top 10 list are in the red zone.

Micheal van de Poppe has updated his forecasts for XRP Price, Cardano Price along with two popular altcoins.  

ADA

He’s presuming that Cardano is close to bottoming out at this point, at which point we can expect new impulse waves to emerge. The crypto expert claims that ADA Price has breached key price levels, crossing the $1.90 to $2.10 zone.

Van de Poppe then turns his attention to the token’s Bitcoin pair (ADA/BTC), predicting that Cardano might reach new highs. 

According to him, we should see some small consolidation, similar to what we saw in April. So there will be some stabilization here before we break resistance, but if we do, he believes we’ll be setting new all-time highs or new highs for Cardano here as well.” 

Also Read : Popular Crypto Proponent Bullish on Cardano, Solana & XRP! Know Why

XRP

An important price level for XRP Price has also been identified by the trader, which might imply a bullish signal for the crypto market.

He believes that if you want to get into the markets, now is the time to do it because the market has finally bottomed out and is ready for the next impulsive wave. 

What is the XRP level of difficulty to crack? It needs to break through the area around $1.05 to be successful. I don’t think we’ll receive it all at once, but I do believe that once it gets through there, all coins will start breaking out left and right. However, on XRP, this is a good candle.” 

The widely-followed expert believes that the current downturn is a good time to enter the market, recommending Avalanche (AVAX), Solana (SOL), and Fantom (FTM) as three altcoins to buy now while prices are low.

Should you be getting interested in the markets when it’s approaching support and when projects are dropping down by about like 35% to 45%? Yes, of course. When you get towards the support, people will ultimately become quite bearish and they are only expecting further downward momentum. That is the moment that you want to get into the markets.”

Also Read : Bitcoin Ethereum & Solana Set to Hit the Roof Soon! Here are the Next Levels

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Source: https://coinpedia.org/altcoin/xrp-ada-price-action-analyst-maps-next-directions-for-xrp-cardano-price/

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