NRCH crypto is a new cryptocurrency that uses the Enreach algorithm

## What is the EnreachDAO Algorithm?

The [EnreachDAO](https://enreach.io/)(NRCH) currency is designed to be more secure and efficient than other cryptocurrencies. It offers several features that make it attractive to investors.

For example, NRCH crypto uses a unique system of blocks that allows for rapid transaction times and low fees. In addition, the currency is backed by a reserve of real assets, which provides additional security.

The Enreach algorithm is also designed to resist quantum computing, ensuring that NRCH crypto remains secure in the future. As a result, NRCH offers investors a unique combination of security, efficiency, and low fees.

In addition, NRCH crypto was designed to be more energy-efficient than other cryptocurrencies, making it more environmentally friendly. Enreach is still in its early stages, but it has the potential to become a major player in the cryptocurrency market.
The Enreach network behind NRCH is based on the [Ethereum](/coins/eth) blockchain, enabling users to make secure and transparent transactions.
It is also ERC20 compliant, meaning it can be stored in any Ethereum-compatible wallet.

In addition, NRCH is mintable, meaning that new tokens can be created as needed. As a result, NRCH provides a flexible and versatile way to make payments online.
NRCH is a mined cryptocurrency, meaning that new coins are created through the process of mining. This involves verifying transactions on the Enreach blockchain and is rewarded with NRCH coins.

In order to mine NRCH, you must have a special computer called an ASIC miner.

As you'd expect, NRCH is a decentralised cryptocurrency, so a central authority does not control it. Instead, its users manage it through its blockchain, a public ledger that records all NRCH transactions.

NRCH is currently the 17th-largest cryptocurrency by market capitalisation.


NRCH Crypto: EnreachDAO Explained

You may not have heard of Wonderland Crypto. It's a relatively new player in the world of cryptocurrencies and has been making waves in the investment community.
So, what is it and should you invest?

## What is Wonderland Crypto?

It is a cryptocurrency, and, like others, that means it is based on blockchain technology, using a peer-to-peer network for decentralised transactions.
The Wonderland system was created in 2017. Unlike other cryptocurrencies, it is not mined. It is earned through completing tasks on the Wonderland Crypto platform.

The platform is a decentralised marketplace where people buy and sell products and services using Wonderland Crypto. The platform connects buyers and sellers directly, without needing a third party such as a bank or payment processor like PayPal.
The cryptocurrency can be used to purchase goods and services online or exchanged for other cryptocurrencies such as [Bitcoin](/coins/btc) and Ethereum.

## How Can Investors Benefit?

Wonderland Crypto is an interesting choice for any investor interested in cryptocurrency. It offers a secure and easy-to-use platform that makes it simple to buy, sell, and trade a wide variety of digital assets.
In addition, the team behind the platform is constantly working on adding new features and improving the user experience. For example, they recently launched a mobile app that allows investors to track their portfolios on the go.

The platform also offers 24/7 customer support, so you can always reach someone with any questions or concerns. Overall, Wonderland Crypto is worth considering for anyone looking to get started in cryptocurrency investing.

## Why Wonderland Over Others?

Fans of Wonderland Crypto point to the knowledge and experience of the team behind the platform in both the cryptocurrency market and investment management.
They also highlight the features, such as its dual-token system and staking rewards, and the company's commitment to community engagement and customer service.
What are the Risks?

When investing in any cryptocurrency, there are risks to be aware of. The crypto market is highly volatile, meaning prices can fluctuate significantly from day to day.
This makes it difficult to predict how Wonderland Crypto will perform in the future. It also makes it risky to invest large sums of money.
Another risk to consider is the possibility of fraud. There have been several instances of exchanges being hacked and Wonderland Crypto being stolen.
If you're considering investing in Wonderland Crypto, taking steps to minimize these risks is essential. Only investing money you can afford to lose and diversifying your investments into different cryptocurrencies are sensible steps.

## How Do I Buy Wonderland?

The most common way to purchase Wonderland Crypto is through an exchange.
Another way to buy is through a peer-to-peer marketplace. These platforms connect buyers and sellers of cryptocurrencies and allow them to trade directly.
To use a peer-to-peer marketplace, both parties must have wallets set up so they can send and receive payments.

Once you have purchased Wonderland Crypto, store it in a safe and secure wallet. Cryptocurrency wallets hold your private and public keys. Private keys are what you use to access your coins, while public keys are what other people use to send coins to you.



Wonderland Crypto: Should I Invest?

This is the wake-up call the bitcoin market has been waiting for. The next few hours will reveal if this is enough to stabilise the price, but there are still many uncertainties surrounding the financial viability of many crypto projects and businesses.
 
On June 19, one of the world's most influential people, Elon Musk, CEO of Tesla Inc., publicly supported the cryptocurrency business and the meme coin [Dogecoin](/coins/doge) in particular. On June 19, Elon Musk tweeted to his almost 99 million followers, "I will continue to support Dogecoin."
After that, a user on an exchange told Musk that if he truly supported Dogecoin, he should buy it. When asked if he was buying the dip, Musk replied, "I am."

## Prices are on the rise again

In the wake of his tweet, the cryptocurrency market saw an immediate surge in trust in cryptocurrencies and a flurry of inquiries regarding the long-term viability of numerous projects and businesses.

Data firm [CoinGecko](https://www.coingecko.com/) reports that Dogecoin, which was trading at $0.052307 per minute before Musk's post, is now trading at $0.058037 per minute, an 8 percent increase. They were followed closely by other coins' values. At $19,735.89 as of this writing, Bitcoin is up 4.4 percent in the last hour, making it the most popular cryptocurrency.

Shortly before Elon Musk's tweet, Bitcoin had fallen to a low of $17,677.43 before rising to a high of $18,290.75. Market capitalization leader Ether has gained 6.5% in the last hour to $1,058.60. Last week, Ethereum's native token was trading at $881, its lowest since 2021.
Just over 55% of the crypto market value is held by Ether and Bitcoin, and this fluctuates based on pricing. In the last hour, the total cryptocurrency market value increased by 3.7% to $972 billion.

After a spate of losses, crypto investors appear to be taking a break. Bitcoin's value has dropped by 30.1 percent, while Ethereum's value has dropped by 30.8 percent in the last seven days. 

 


Elon Musk claims to be buying the Bitcoin dip

Memecoins are all the rage right now, and for good reason! They offer a way to make money that is different from traditional methods.
There are many different memecoins out there, but some of them are more popular than others. Here, we look at the most popular memecoins right now and see what makes them so special. Stay tuned for more information!

## What are Memecoins?

A memecoin is a digital asset used to purchase goods and services on the memecoin network. The memecoin network is a decentralised, peer-to-peer network that allows users to transact with each other without the need for a central authority.
Memecoins are created and exchanged on the memecoin network using memecoin wallets. A memecoin wallet is a digital wallet that stores memecoins and allows users to send and receive memecoins. Memecoin wallets can be either web-based or desktop-based.

Web-based memecoin wallets are typically more user-friendly, but less secure than desktop-based memecoin wallets.
Memecoins can be used to purchase goods and services on the memecoin network or traded on memecoin exchanges.

## The History of Memecoins

Today, memecoins are a popular type of cryptocurrency, but they didn't always have such a prominent place in the crypto world. In fact, memecoins only came into existence relatively recently, in 2013.
The first memecoin, Dogecoin, was created as a joke, based on the popular Doge meme. Despite (or perhaps because of) its light-hearted origins, Dogecoin quickly gained a devoted following, and its value began to rise.

This marked the beginning of the memecoin craze, as other memecoins began to appear, each trying to capitalise on the growing popularity of this new type of currency. Today, there are dozens of memecoins available, with more being created all the time.
While some investors remain skeptical about the longevity of memecoins, their popularity shows no signs of slowing down any time soon.

## How to Buy Memecoins

While there are many different ways to buy memecoins, purchasing them through an exchange is the most common.
A number of exchanges allow you to buy memecoins, and each has its own process for doing so. In general, however, the process for buying memecoins is relatively simple. First, create an account on an exchange.

Once you have done this, you will need to deposit funds into your account. Once your funds have been deposited, you can purchase memecoins at market prices.
Finally, you can then withdraw your memecoins to a wallet of your choice. By following these steps, you can easily purchase memecoins and begin using them for transactions.

## The Most Popular Memecoins Right Now

The most popular memecoins have been around for a while and have built up a large community of users.
[Dogecoin](/coins/doge), for example, was created in 2013 and has since accrued a large following online. Others that have gained traction in recent years include data-driven memecoins such as Datacoin and Filecoin.

With the rise of social media platforms like [Reddit](https://www.reddit.com/) and 4chan, memecoins are only becoming more popular.

## The Future of Memecoins

Memecoins are a relatively new phenomenon, and their future is still uncertain. One influential factor could be the continued popularity of memes.
As long as memes remain popular, memecoins are likely to continue to be used as a way to tipping creators. Another factor is the increasing use of blockchain technology. As more platforms adopt blockchain, memecoins will likely become more widely accepted.

Finally, the memecoin market is still relatively small. It is possible that large investors could enter the market and have a significant impact on memecoin prices.
Overall, the future of memecoins remains uncertain, but they could continue to be used as a way to support content creators into the future.


Memecoins: What's Popular Right Now

## Dent Crypto Explained

Dent Crypto produces eight-figure results on search engines. This means that millions of novice and expert traders continue to ask questions about the possibilities of the Dent blockchain and its native asset, DENT, in the saturated market of cryptocurrencies.

## What is Dent Crypto?

Much of the world is accustomed to using the internet for leisure and work.
You cannot access the internet without bandwidth, which can only be obtained via a telecommunications service provider.
Bandwidth is ordinarily bought in bundles of gigabytes monthly, but more than 90% of users don't use up every byte.
The unused capacity is repackaged and sold again.

This caught the attention of Tero Katajainen and Mikko Linnamaki, founders of Dent. They believe blockchain technology could decrease the prices associated with internet use.
With half the global population lacking internet access due to bandwidth prices, Dent enters the telecommunication space aiming to make it easy for everyone to become a part of a global society.

## How Does Dent Crypto Work?

Dent is a digital mobile operator offering embedded subscriber identity module (eSIM) cards, call minutes top-ups, roaming-free experience, and mobile data plans.
Launched in 2017 as an ERC20 token (housed in the ecosystem of [Ethereum](/coins/eth)), Dent wants to unsettle the mobile data market with its technology.
It believes in a world where everyone can freely buy, sell, and even donate their mobile data.

Dent is doing away with data roaming charges. Instead of buying high-priced data from a local service provider, you can purchase data from an extensive network of nodes from the Dent Marketplace.

These nodes are individuals who offer their unused data allowances in exchange for some DENT tokens.
At the launch, 100 billion DENT tokens were made available. Of this, 70 billion were released during pre-sale and sale events, while the founding team retained 30 billion DENT to cover operational expenses.

Although they are used interchangeably, Dent is the blockchain, and DENT is the cryptocurrency associated with the entire project.
As of June 15, 2022, DENT is found on approximately 34 exchanges. Places to buy Dent Crypto include Binance, Bitvavo, Kucoin, Gate.io, WazirX, Upbit, Indodax, FTX, Uniswap V3, and Nami.

## What are the Benefits?

Operating as a single operator in a single world, you can get an internet connection with a validity of 365 days (one year). As a result, you can travel worldwide without worrying about changing SIM cards or paying roaming fees.
You can select one global data package (1GB, 3GB, 5GB, and 10GB) and use it in 60 countries (Asia Pacific, Europe, Middle East, Africa, and America).
You can surf the internet with fast 4G and LTE connections.

Despite the benefits of the Dent Crypto eSIM, it is not available on every smart device. As a result, many ask which devices support eSIM?
Apple Smartphones (iPhone 13 Series, iPhone 12 Series, iPhone 11 Series, iPhone SE (2020), iPhone XR, iPhone XS, and iPhone XS Max) support Dent Crypto's embedded SIM.

Google Smartphone users of models Pixel 6 Series, Pixel 5 Series, Pixel 4 Series, Pixel 3a, and Pixel 3a XL can also access the eSIM.
Dent Crypto's embedded SIM is also available for Samsung Smartphone users of models Galaxy S22 Series, S21 Series, S20 Series, Galaxy Fold, and Galaxy Z Flip.
Other smartphone brands supported by eSIM include Huawei P40, Huawei P40 Pro, Motorola Razr (2019), Nuu Mobile X5, and Rakuten Mini.
Aside from these, Notebooks from Apple, Samsung, Microsoft, Lenovo, Hewlett Packard (HP), Asus, and Acer can also access eSIM.

## Is Dent Crypto a Good Investment? 

Dent Crypto (DENT) can be considered a good investment based on its unique innovation.
Analysts at [PricePrediction.net](https://priceprediction.net/en) believe DENT could command the highest possible trading price of $0.001 by the close of 2022. Analyst David Cox estimates DENT could exchange hands at the best price of $0.0022 by the close of 2022.

With that said, you should always consider the pros and cons before investing in DENT. While Dent Crypto is challenging the status quo, not every brand or model of a brand can access the eSIM.

Moreover, its native asset, DENT, competes with more than 19,000 coins for liquidity.


Dent Crypto: A Good Investment?

On March 15, Pi Network reported that the number of its users rose to 33 million - almost three times more than it was in March 2021. However, it's impossible to determine Pi cryptocurrency value since it's still not trading on any exchange.

But is Pi the real crypto, and will there be any Pi cryptocurrency value?

Launched by business manager Vince McPhillip, anthropologist Chengdiao Fan, and Stanford grads Nicolas Kokkalis and Aurélien Schiltz, Pi Network was created to bring decentralized finance to anyone who owns a smartphone.

Instead of mining through a complicated algorithm, the security of Pi’s ledger is based on a setup where one user vouches for the reliability of another.
However, the Pi Network doesn't act the same as other cryptocurrencies because it needs its users to secure the currency to mine coins. Furthermore, the network has to keep its constant growth so that users can refer it to others.
Still, it's not clear what exactly the Pi cryptocurrency value is. Is it legit, or is there a possibility that the whole thing is a scam?


## Is it Legit?

From the monetary point of view, the Pi Network is 100% legit since it doesn't require any investment for the user to be involved. However, it does require users' identity, meaning users' data. Some argue that it can be considered legit digital currency because if we look at Bitcoin in its early beginnings, its worth was $0, and it was considered a scam. On the other hand, some obvious Ponzi schemes were considered 'financial literacy'.
The official website of the Pi Network says its aim is to make sure everyone is included in the crypto activity, stressing, however, that crypto mining is a complicated and lengthy process that has risks.

Pi Network, therefore, promises everyone will be able to mine Pi on their smartphone without the need for extra charging of the battery.
Be it as it may, we are now witnessing numerous speculations on the future Pi network currency value. Since Pi still isn't trading live on any exchange, there is no exact data, and, therefore, it's hard to project the correct value.

Pi Network is constructed so it has various roles within its community. There are so-called 'Pioneers' – everyday users whose only obligation is to sign in to the application daily. Then we have 'Nodes', which refers to application users who run node software on their computer. Finally, we have 'Ambassadors', who bring other possible 'miners' to the Pi Network. The latter are the reason why some of the Pi opponents are comparing the Pi network with other multi-level marketing schemes.

When it all began, the project’s base mining rate stood at 1.6 π/hour – halving to 0.8 π after the community reached the number of 100,000. Then, there was a halving to 0.4 π/hour after onboarding one million users. The latest cut to 0.2 π/hour happened as the number of miners topped 10 million.

Back in May 2021, the Pi Network stated on Twitter that it had reached over 18 onboarded  ‘Pioneers' and cheered to "mine at a higher rate while they can". Pi also held a so-called #BuildPi2gether Hackathon from June to September, where it gave an award of 100,000 Pi and $100,000 to the most promising business application projects.
On May 19, Pi tweeted that it had reached 35 million engaged 'Pioneers' and its Twitter page has 1.2 million followers at the time of writing.


## Is it Safe?

The Pi Network gained popularity all around the globe, especially in Southeast Asia. At the same time, some analysts argued the network lacked transparency and were projecting doubts regarding its legitimacy since access to their private keys is not something that users have.

Dang Minh Tuan, a blockchain expert at the Posts and Telecommunications Institute of Technology, Hanoi, claims Pi Network is not transparent enough since it alone has "a smartphone app and servers to keep them running," adding, "so why don't developers release its source code for the community to review?"
Another reason that made people suspicious was the fact that the application has adverts. This could mean that Pi is selling users' data to advertising companies and, therefore, is monetizing users who downloaded the app. Apart from personal data that includes full name, phone number, and Facebook username, Tuan claims Pi Network could have stolen all other data a user has on their phone, including credit card numbers.


## What Will Pi Network Be Worth in the Future?

On December 29, 2021, Pi Network launched its mainnet. This is the official third phase of its deployment arrangement. Immediately after it was deployed, the network warned that anyone "impersonating Pi Network or its founders to conduct a sale or listing is illegal, unauthorized and fake".

Because the actual value of Pi Network is hard to predict, some argue that the project itself might be a scam. There are some forecasts of a single Pi becoming worth somewhere between $10 and $100. Still, there is zero evidence to back it up. Therefore, since we are at the year's half – we'll be cautious and say Pi will still hover around $0 in 2022.

In order for someone to legitimately trade the coin, they need to go with the Initial Coin Offering (ICO) or crowdfunding sale to secure assets. However, Pi Network stated it would not run any of those, but rather lean on its users' referral network. This means there is still no legit possibility to trade Pi coins or make a valid Pi Network price prediction for the years to come. 


##How Much Will Pi Be Worth in the Next Few Years?

Before we say anything, let's just reiterate that any Pi coin price prediction has to be taken with caution since there is no reliable info to support it.

According to CoinMarketCap, Pi Network has its own red flag saying: “Pi Network has faced its fair share of controversy recently. Please do your own research before investing”.
Some websites had predicted $0.0211516743 for 2025 and $0.0319333504 for 2028. However, all the data was erased at the time of writing.


Pi Cryptocurrency Value - The Future

The release of Euro Coin (EUROC) was announced by global fintech firm, Circle, on Thursday, June 16, 2022. Circle is the same firm that launched the [United States Dollar Coin (USDC)](/coins/usdc). Like USDC, Euro Coin will be a fully reserved, Euro-backed stablecoin. 

## How the Euro-backed stable coin works

The Euro Coin will function the same way as the Dollar Coin. Thus, 1 EUROC and 2 EUROC will be the equivalent of €1 and €2 respectively. 

As a regulated stablecoin, Euro Coin will be issued under the same full-reserve model of USDC. More importantly, the stablecoin was built on the same standards of security, transparency, and trust that have made USDC one of the most used digital currencies in the crypto finance space. 
 
Circle’s introduction of EUROC will help bridge traditional financial services and cryptocurrencies. Several businesses that do not have direct access to the Euro can use EUROC tokens as on-demand liquidity (ODL) to make and accept payments globally which settle in minutes.
 
Aside from this, the Euro Coins as a tradable token can be used to access crypto capital markets such as lending, borrowing, and trading. 

To ensure the security of the stablecoin to help prevent the ghosts of TerraUSD (UST), Circle has ensured that EUROC has 100% backing of euro-denominated reserves held conservatively in the custody of some of the leading institutions in the financial sector of the United States regulatory perimeter such as Silvergate Bank. 

Speaking on the [launch of EUROC](https://www.circle.com/en/pressroom/circle-announces-a-fully-reserved-euro-backed-stablecoin-euro-coin-euroc), co-founder and CEO of Circle, Jeremy Allaire said, “There is clear market demand for a digital currency denominated in Euros, the world’s second most traded currency after the U.S. dollar. With USDC and Euro Coin, Circle is helping to unlock a new era of fast, inexpensive, secure, and interoperable value exchange worldwide." 

Starting from June 30, EUROC will be made available to institutional clients through a free Circle Account. Uniswap, Huobi Global, Bitstamp, Curve, and Binance.US are among the exchanges that will be supporting the stablecoin. 

This will play an invaluable role in the lives of millions of people who would love to go about their financial lives with EUROC rather than USDC or other currency-backed stablecoins.


Circle launches Euro Coin

The Altcoin Season Index tracks whether investor interest points towards altcoins or [Bitcoin](/coins/btc). Normally, if three-quarters of the top 50 coins by market capitalization outperform Bitcoin over the last quarter (3 months or 90 days), the index could be called altseason.

On the other hand, if 75% of the top 50 coins cannot outpace Bitcoin regarding price performance in the last season (90 days), then there is Bitcoin Season.

[Altseason](/news/article/altcoin-season) is when there are more inflows into alternate coins than into the largest digital asset by market capitalisation, BTC.

## Importance of Altcoin Season Index 

Savvy crypto traders and investors use the altcoin season index to make decisions on whether they have to invest in altcoins or inject more money into Bitcoin.

A great example of the relevance of the Altcoin Season Index can be attributed to the current crypto climate, which is the second quarter (April to June) of 2022.

In April, the crypto altcoin season returned as Bitcoin dominance faded. An index of 100 tokens outperformed Bitcoin in March. Investors who wanted to diversify their assets in case Bitcoin plunged to new high lows bought more altcoins. They were not wrong, as the market crash of May led by Do Kwon's Terra project signaled a steep decline in all cryptocurrencies, with Bitcoin taking much of the fall.

In April, May, and June, the top 50 cryptocurrencies - including Ethereum (ETH), Binance Coin (BNB), Cardano (ADA), Ripple (XRP), Solana (SOL), Dogecoin (DOGE), Polkadot (DOT), TRON (TRX), Avalanche (AVAX), Shiba Inu (SHIB), Polygon (MATIC), FTX Token (FTT), Litecoin (LTC), Chainlink (LINK), Stellar (XLM), Uniswap (UNI), and Bitcoin Cash (BCH) - have not outperformed Bitcoin.

Although BTC has reached the same price levels as 2020, collectively, these cryptocurrencies and others have shed more in market value. Therefore, we can say that we are in Bitcoin Season and not altseason.
It is not surprising to see trader interest reflected in the liquidity of Bitcoin. Though much of this is related to huge selling due to the bearish trends of the market, high investor interest relative to a low-priced asset is a sign of positive reserve risk.

## How does Altcoin Season Index Relate to Bitcoin Fear and Greed Index?

Bitcoin [Fear and Greed Index](https://edition.cnn.com/markets/fear-and-greed) and Altcoin Season Index rely on BTC to make conclusions about crypto seasons.

Bitcoin Fear and Greed Index presents a bull market when the index is closer to 100 (greed) and a bearish market when the index is closer to 0 (fear). The performance of altcoins is measured against that of Bitcoin.

In conclusion, while we are not in an altcoin season in June, there is fear in the market concerning holding Bitcoin.


What is Altcoin Season Index?

The search phrase 'what are reflections in crypto' yields 4.36 million results in 0.49 seconds on Google. That's a lot of information out there on reflection tokens.

So, what do we mean?

## Passive Income

Smart contracts in Decentralised Finance (DeFi) have been at the core of some of the fastest-growing projects, such as Ethereum, Solana, and the former Terra LUNA.
Mainstream cryptocurrencies that also serve as DeFi tokens help investors make additional income through their crypto holdings. Some of the processes used in earning passive income are through staking and liquidity provision to support automated market makers such as decentralised exchanges (DEXs).

Such a process was quite complex and added to the burden of beginner traders and investors who were alien to blockchain technology and cryptocurrency as a whole.
Several developers understood the plight of such people and introduced reflection tokens into the crypto finance space.

With reflection tokens, there is no need to learn about liquidity mining, staking, or yield farming. In trying to understand this new breed of digital currencies, we ask what are reflections in crypto and how do they work?

## What are Reflections in Crypto?

Popularly known as rewards tokens, reflection tokens are digital assets that reward their holders using a technique that taxes transactions, with a percentage of this tax being redistributed to token holders.
Holders receive tokens in their crypto wallets. Although the end result of yield farming and staking is to reward holders, reflection tokens reward holders for just having the coins in their wallets. Holders do not have to join a staking or liquidity pool before they can see additional rewards periodically. Tokens are normally distributed based on the size of holdings.

Reflection tokens have several advantages. Among them is the prevention of large price declines.
Cryptocurrency LUNA crashed because large whales decided to let go of their holdings. Per the fundamental laws of economics, the more supply of an asset, the lower the price of that asset.

Due to the mechanism that taxes transactions and redistributes coins to holders, owners of a particular reflection token will hold onto their tokens for more rewards.
Simply put, reflection tokens play an invaluable role in helping keep investors loyal to a particular crypto project.

## Examples of Crypto Reflection Tokens

For those who want to find answers to what are reflections in crypto with an eye on the tokens, [EverGrow](https://coinmarketcap.com/currencies/evergrowcoin/) Coin (EGC) and Reflect Finance (RFI) are examples of crypto reflection tokens.
Launched in September 2021, EverGrow charges a 14% tax on transactions involving its native asset, ECG. A total of 8% of this tax is redistributed to investors. Rewards are paid in the stablecoin Binance United States Dollar (BUSD) due to the project being housed in the Binance Smart Chain (BSC). As of May 2022, EverGrow Coin has paid more than $36 million in BUSD rewards.

Reflection Finance (RFI) is a reward token housed in the [Ethereum](/coins/eth) ecosystem. Reflect Finance applies a 1% fee to transactions involving RFI and automatically redistributes tokens among coin holders based on the size of funds.

Reflection tokens are here to stay and continue to add more coins to the portfolios of novice and experienced traders and investors.


What are Reflections in Crypto? 

Sandbox price has been trading between $0.9708 and $3.83 in the last three months, per [CoinMarketCap](https://coinmarketcap.com/+). As one of the most demanded Metaverse coins, millions of people continue to search for the price of sand crypto and are saving money towards buying sandbox coins. Unfortunately, several novice traders and investors are alien to the factors that drive the sandbox token price. Moni Talks has seen the plight of small capital investors with less money to risk and delves into the primary drivers of the sandbox crypto price.

## What factors affect the Sandbox price? 

Some factors that impact the sandbox price and affect the sandbox market cap include partnerships, development activity, trading volume, and the Metaverse.

As one of the highly recognizable NFT marketplaces, the Sandbox is always forging new alliances that will impact its ecosystem positively. One such partnership is with the financial services company MasterCard. The payment processing company announced on Friday, 10 June 2022, that it has added the Sandbox and other NFT marketplaces to bring its payment network to Web3. 

It is widely known that the digital collectibles space is largely dominated by the use of crypto through wallets to facilitate transactions. This partnership will make it possible for MasterCard users who do not understand the complexities of blockchain technology, crypto wallets, and NFTs to purchase digital collectibles using their debit and credit cards. Such news bodes well for the crypto sand price and improves its ranking in terms of market capitalisation.

According to the Sanbase (a data-driven portal), the Sandbox trails Decentraland ([MANA](/coins/mana)), Flow, LUKSO (LYXe), and Aavegotchi (GHST) concerning development activity. Per Market Insider, more than 60% of UK and US-based video game developers are using blockchain technology due to the boom in decentralised finance (DeFi) and Gaming Finance (GameFi). More developers mean more variety of games with types of NFT assortments that can be traded for money. This normally results positively in the valuation of a cryptocurrency.

Investor interest is expressed in trading volume. When the volume of SAND goes up, the price rises. As of writing, Sandbox price was under $1, and volume was $350 million, which corresponded to a market capitalisation of $1.2 billion. When SAND reached an all-time high (ATH) of $8.44 on 25 November 2021, trading volume for the day was $11.08 billion, and this corresponded to a market value of $7.5 billion. This means that the Sandbox’s volume has decreased by 96% and the Sandbox market cap is down by 83%. 

Watch trading volume carefully because it plays a valuable role in fundamental and technical analysis. Volume is directly linked to the number of centralised and decentralised platforms that support SAND. As of June 2022, SAND can be found on approximately 18 exchanges.

As an integral part of the Metaverse, the Sandbox NFT sales volume impacts the Sandbox price. The Sandbox is 14th on the list of the biggest NFT collection rankings by sales volume, with more than $370 million in combined sales volume, per data retrieved from CryptoSlam.

The factors mentioned above drive the Sandbox price and will impact the coin's value in the short, medium, and long term.


Sandbox Price Prediction: What next for SAND?

If you have ever wondered how to mine Bitcoin Cash and how long it takes to mine one [BCH, ]https://bitcoincash.org/) this article is for you.
Before blockchain, money transactions were primarily regulated by two bodies: the government-regulated central banks that print the new cash and regular banks that were involved in money transactions on your behalf. Acting as regulatory bodies, they had complete power over your transactions and money.

The Bitcoin blockchain and its native cryptocurrency [BTC](/coins/btc) were created with the concept that a person should have complete control of the money and transactions they make, and that no other authority or regulatory body should have control of the funds.
Mining is the method by which transactions are verified.

Miners have complete documents of ledgers which they update in sets called blocks. These blocks are then added to the network for other miners to update their ledgers.

The blocks are made by cracking cryptographic problems using computing power, a digital equivalent of the physical effort to mine valuable resources, hence the term miners.

Bitcoin miners receive Bitcoin tokens as rewards.
In August 2017, a fork on the Bitcoin blockchain led to the creation of Bitcoin Cash (BCH). It improved scalability and allowed more transactions to be processed by increasing block size.

## How to Mine Bitcoin Cash and How Long it Takes

In broad terms, crypto miners take 10 minutes to mine one block of Bitcoin Cash. To maintain the 10-minute speed to solve the complex mathematical query, the difficulty level of the problems alters automatically.
When more miners and more computing power endeavour to mine, the difficulty level increases, whereas, when there are fewer miners and less computing power, the difficulty level decreases.

## Requirements to Mine Bitcoin Cash

Mining is similar to any other business engagement, where profitability relies on several factors unique to that venture. In Bitcoin Cash mining, these factors represent the requirements you should have before starting the bitcoin cash mining, including the type of hardware and software to pick. Here is what you should know:

### Hardware for Bitcoin Cash

Picking the right hardware is critical whenever you want to mine cryptocurrency. Today, an ASIC miner is what you require to get the hash rate needed to mine BCH. You need to remember that hardware is the major initial investment cost. The price of the ASIC miners has increased, seeing the power it supplies to the mining activity. A new AISC hardware costs anywhere from $2,000 to over $7,000, with older models available at lower costs.
So, when evaluating an ASIC miner, pay attention to the price, which is relative to three other factors:

•	Hashing/Computing power (in hashes/second)

•	Power consumption

•	Efficiency

Hashing power is the count of hashes a hardware machine can generate while solving a block. It's calculated per second, and the higher the figure, the more effective the machine and the more pricey.

Power consumption is related to the electricity (energy) required to run the miner optimally. It is measured in kilowatt-hours and can affect profit if too high. That's when you review the third factor, efficiency.

An ASIC miner is needed, and one with a high hash rate. However, it should not lead to too much power wastage.
Efficiency: This factor reveals how much power must be used to get a single BCH coin. An effective and powerful machine consumes less electricity than others when mining Bitcoin Cash.

If you have chosen your hardware machine, it's worth checking the other related requirements:

•	Electricity: cheap and stable is best. Having a backup is perfect.

•	Internet connectivity: 24/7 internet connection- an inconsistent connection will smash your chances of success.

## Software Requirements

Software is another critical requirement you must consider to look at as you opt to mine Bitcoin Cash. Mining software connects with your hardware machine to process the mining. It will deliver an interface for linking with the network to monitor the process and check profits.

You can get mining software applications for mobile and desktop use.

## Which Software Do People Prefer to Use to Mine Bitcoin Cash?

There are multiple software applications you can pick from to mine Bitcoin Cash. However, the two most widely used in the industry today are CGminer and BFGminer.
Both are command-line programs, which implies you can operate on the interface to get more into the mining process. Don't worry if you find the command-line interface (CLI) a little complex; EasyMiner is a great option that offers computerised functionality and sustains both self-mining (solo) and pool mining.
Note: Most ASIC miners are available with pre-installed software. If it's not, perform research to find one compatible with your hardware.

## Technical knowledge required to mine Bitcoin Cash

Before starting your Bitcoin Cash Mining journey, one of the basic requirements is understanding the technical terms connected with the mining process.

•	Consensus algorithm: 

It is a blockchain technology mechanism that permits agreement between a distributed network of users or machines. For example, a Proof of Work consensus algorithm lets miners agree on verifying blocks before they are updated to the blockchain.

•	Blockchain: 

It is a distributed ledger of all the trades on the network, managed in data blocks that are validated every 10 minutes. Miners get rewarded when they secure the network by updating a verified block to the blockchain.

•	Block time: 

This is a time estimate coded in the protocol: how much time miners take to validate blocks and update them to a distributed ledger. Bitcoin Cash has a block time limit of 10 minutes.

•	Hash rate: 

The measure of hashing power required to crack a complex puzzle and validate a block of trades. It's also called computing power and is calculated in hashes per second. The more per second hashes a machine produces, the more effective it is and the higher its probabilities of finding a block.

•	Mining difficulty: 

This is to calculate and find how difficult it is for a miner to find a new Bitcoin Cash block. It's also called a difficulty adjustment algorithm (DAA) and corresponds to the hashing power a miner requires to mine a single block within the calculated block time. For Bitcoin, the difficulty alters every 2016 block, while BCH introduced an Emergency Difficult Adjustment (EDA) algorithm in November 2017. The latter also leverages a retarget of the last 144 blocks to alter the difficulty.

•	Mining fees: 

A miner fee is a small amount of money users link to the blockchain trade to incentivise miners to process their trades. This amount is in addition to the 6.25 BCH in the block reward.

•	Block rewards: 

This is a reward given to a miner(s) who cracks the complex mathematical cryptographic puzzle on the network. For miners, Bitcoin Cash offers a block reward of 6.25 BCH.

## Pros and Cons of mining Bitcoin Cash

Mining Bitcoin Cash includes both pros and cons aspects. Let's see the pros and cons:

### Pros

1.	Block rewards can be very fruitful and profitable, and as a miner, you can earn good money.
 
2.	The transaction fees also complement rewards for successfully mining. 

3.	A good mining pool selection can raise your chances of block rewards.

4.	Your mining endeavours secure the Bitcoin Cash network.

5.	Old ASIC hardware can still be traded second-hand, as the market exists for other networks.

### Cons

1.	A high hash rate implies you may experience losses if you can't compete.

2.	ASICs need a heavy energy supply, resulting in a high electricity bill.

3.	Pools can reduce your reward as it is distributed among members.

## Is Bitcoin Cash Mining Profitable?

### To determine how beneficial it is to mine BCH, you must consider the factors mentioned below.

•	Hashing power

•	Power consumption

•	Cost of electricity

•	Pool fee

•	Bitcoin Cash price

You can decide if mining Bitcoin Cash will be profitable when you consider the hardware machine's computing power (output in Terahashes per second (TH/s) or Gigahashes per second (GH/s)). Another notable factor is the amount of power the hardware will consume and the expense of electricity per kilowatt-hour (kWh).


How to Mine Bitcoin Cash (BHC) 

The simple answer to the question 'what are meme coins' is that they are coins inspired by a joke on existing popular cryptocurrencies.

Most meme coins are short-term gain coins, meaning they are not coins you should hold for long. Instead, the deal is to buy and sell off once you make your gain.

Many meme coins are currently on the crypto market, including [Dogecoin](/coins/doge), Shiba Inu, Safemoon, and Kishu Inu.
Why sell off the meme coins so fast, you may ask. Though most meme coins are gain-making coins, they cannot be trusted. Meme coins have an intense volatility volume, and they cannot be predicted at all. A meme coin may be down one minute then rise so high the next - and this goes both ways.

To invest in meme coins, you must be fully watchful, cautious, and know when to pull out your investment. Meme coins have made cryptocurrency investors millionaires, but many have also suffered significant losses.
[Fear of missing out (FOMO)](https://blog.switchere.com/what-is-fomo-crypto-a-brief-explanation-definition/) and greed are two traits you shouldn't have when investing in meme coins, or really in any coin in the crypto space.

The value of a meme coin comes from the number of people that value it. The coins are often meaningless and with no purpose, but most have the capacity to make investors richer quickly. Or poorer.
You could call them surprise coins as that's what they do; they are full of surprises, both negative and positive.

## Are Meme Coins Worthwhile Investments?

Anything that brings a profit is worthwhile, but in the case of meme coins, you have to be thinking short term. You must be on your toes all through the period of investing.

Whether you choose meme coins or not, investing in cryptocurrencies can involve risk and requires a high level of care. It is essential to DYOR (do your own research).

Also, remember that some meme coin offerings are scams. There have been many cases of scam coins being pumped high at the beginning and then dumped, so the value dips quickly and catches investors out.
Be on the safe side: DYOR and invest wisely.

## General View of Meme Coins

A lot of people think very little about meme coins. When the trend began, serious crypto investors ignored them as a waste of time. However, that attitude has changed due to the spectacular profits some of these coins have made people.

## Conclusion 

If you choose to invest in meme coins, understand that they are highly volatile and come with risk. Do your research and invest carefully.


Meme Coins Explained


Ever found yourself search 'Litecoin price GBP' to try and find out which way this altcoin is heading?

[Litecoin](https://litecoin.com/en/) may not be one of the biggest or most lucrative cryptocurrencies - yet. However, there exists a whole community that considers it a potentially exciting investment opportunity.
When looking at Litecoin’s long-term prospects stretching to 2025, all chances are that the altcoin will probably hit its records. Seeing how Bitcoin almost always dictates the course of action for other altcoins, it is possible to estimate Litecoin price for the next three years based on Bitcoin price projections.



## Litecoin History



[Litecoin](/coins/ltc) entered the world of cryptocurrency as digital assets began winning the affection of speculators and investors throughout the globe. There was a time, however, when LTC/USD was rated within the top 5 of cryptocurrency market capitalisations as its advocates kept stressing its benefits compared to the ones of Bitcoin.

This formed a support bloc as people started questioning the Litecoin price several years in the future.

Created in 2011, Litecoin started trading along with the rise of market interest in 2017, just like its major competitors.

Same as Bitcoin, Ether, and Ripple, Litecoin price GBP went from £2.45 as an anonymous project to a cryptocurrency that reached a record price of £327 in December the same year it started trading.

However, similar to other cryptocurrencies, Litecoin suffered more corrections in the price over the next few years.

At the time of writing in May 2022, Litecoin price (GBP) was hovering around £60 ($73) after witnessing steep losses within the global crypto sector.
 
Depending on various factors, the Litecoin (LTC) price prediction for 2025 will probably follow an overall movement of other cryptocurrencies, starting with Bitcoin. Nowadays, we're witnessing various geopolitical commotions, pandemic bursts, recessions, and general uncertainty with the ongoing world financial strategy.

Let’s not forget that while Litecoin was once one of the top-rated cryptocurrencies regarding market capitalisation, it is now ranked as only the 21st largest digital asset.

Some traders seem to be pretty apprehensive about the future of Litecoin, but it's essential to be aware that all the ups and downs are just a part of a Litecoin’s path.

Yet, if we look at the long-term charts, Litecoin did underperform the strongest cryptocurrencies. Other digital currencies have made it successfully to the top 10 thanks to strong marketing campaigns, celebrity endorsements, etc. Litecoin was pretty much left in the shade of 'younger' cryptocurrencies made to excite coming generations.

The Litecoin price prediction for this year doesn't look all fine and dandy; that's true. However, none of the other cryptocurrencies will likely move in a better manner. They will all probably go in conjunction with the broader market.

But, let's start with the prediction for 2025 and the reasonable belief that the cryptocurrency will continue to exist. Truth be told, there are minimal chances of Litecoin simply collapsing.
Still, if we take the underperformance of Litecoin for real, by just observing technical charts and evident sentiment predictions, traders could ask themselves whether Litecoin price could rise with the same velocity as its competitors?



## Positive Stance


Before talking about the possibilities for Litecoin values during the next few years, let's remind ourselves what brought it to its current level. A little while ago, it wasn't that hard to become popular in the world of crypto.
However, nowadays, we have new digital assets such as Dogecoin, Solana, Polkadot, and Cardano, which all serve various functional features. Litecoin, on the other hand, owns its success primarily to the fact that cryptocurrencies are pretty volatile and speculative. Basically, its value is defined by investors' betting on the Litecoin price or, more concretely, on the profits or losses that come as the outcome of its change.

Looking ahead to 2025 and 2030 for Litecoin continues to be a debatable endeavour, and trying to make estimates can seem futile.

However, looking at the overall cryptocurrency market and Litecoin's history, it isn't preposterous to suggest that 2025 values for Litecoin price (GBP) could hover between £245 ($300) and £408 ($500) per coin.



## Litecoin’s Potential Dangers


However, to stay realistic, we should consider the possibility of Litecoin price going south as well. Litecoin has already lost traction and fallen out of the top 20 regarding market cap. Governments worldwide keep scrutinising cryptocurrencies regarding their transparency and this doesn't seem to be helpful to Litecoin at all. Also, if 'younger' cryptocurrencies continue to shine through, presenting new technologies to new generations, Litecoin price could keep plunging.

"Innovation distinguishes between a leader and a follower," it was once said by Steve Jobs.

This can also be applied to Litecoin. If it doesn't come up with something new, it could face a downfall.

Let's go back to thinking positively. Litecoin has a fascinating history of tremendous players interfering in its path. During the last few years, whales have made pretty big transactions. Also, while Litecoin’s market cap has been going down, the no 21 cryptocurrency still has a market cap of nearly £3.9 ($4.76) billion at the time of writing, which is a nice piece of potential trading going on within the crypto space.

The truth is, Litecoin is sensitive to all the movements on the market. Remember, there is a difference between buying Litecoin (or any other crypto for that matter) to gain profit in the short or mid-term and buying it with the plan to HODL.

The timeframe is, therefore, a focal element of investing in Litecoin. If you want to stick to the short-term perspective, you should abide by all the rules and technical tactics according to daily changes in sentiment and the possibility of whales coming in.

If a trader decides to invest in Litecoin for a longer period, they can hold onto positions through 2025 and beyond, risking a limited amount of money to earn profit.


Expectations are that the Litecoin price (GBP) will be between £180 ($220) and £816 ($1,000) per coin in 2025.


Litecoin Price: GBP Prediction for 2025

What amount of energy does the Luna crypto consume during transactions? There are concerns about [Luna](https://coinmarketcap.com/currencies/terra-luna/) crypto's sustainability; how safe is the coin? A sustainable coin is friendly to its environment. Read on to know more about the Luna crypto. 

Terra Luna is one of the largest cryptocurrencies in the crypto market, meaning that many transactions are made on it. So the big question is, how environmentally friendly is the Luna crypto? Concerns about the sustainability of this cryptocurrency are gradually coming up. A coin this large should be a sustainable coin or at least work towards achieving it. 

To understand this article fully, you need to know what sustainability in cryptocurrency means. So here’s a brief definition of what a sustainable cryptocurrency means. 

## Understanding what sustainable coin means

Sustainability in cryptocurrency refers to a sustainable coin with less carbon footprint and low energy-consuming transactions. 
The carbon footprint has a terrible impact on the environment. Some of these effects are its negative contributions to urban air pollution, climate change caused by humans, acid rain, and more. This is really bad, right?

I have a friend who believes that everything in life has two sides: the good and the bad. It looks like his theory applies to cryptocurrencies. Cryptocurrency has made many people millionaires, but it has also harmed the environment greatly. But in the case of sustainability, not all coins are bad; some of the coins are sustainable, meaning they are less harmful to their environment. So is Luna crypto one of the good coins?

## What is Luna?

Luna is a native token of the Terra network. It was created with a stable coin known as UST, the most popular stable coin currently. 
Terra Money white paper (Terra Money): Stability and Adoption was published in April 2019, and it posits that:
While many see the benefits of a price-stable cryptocurrency that combines the best of both fiat and Bitcoin, few have a clear plan to adopt such a currency.

“Since the value of a currency as a medium of exchange is mainly driven by its network effects, a successful new digital currency needs to maximise adoption in order to become useful. We propose a cryptocurrency, Terra, which is both price-stable and growth-driven.”
According to Terra’s white paper, the reason for creating Luna was to carry out what Bitcoin was initially going for, a peer-to-peer electronic cash system. 

## Understanding Luna

Terra Luna has really gone a long way, considering where it started from, hence my reason for initially calling it one of the largest cryptocurrencies in the crypto market. The Luna crypto was initially known for ensuring that stablecoins remain stable. However, it is now part of the most potential coins in the crypto space while still helping to maintain the stablecoins.

2021 was a stepping stone for Terra Luna. It started the year with less than a dollar price and ended it with about $89. On March 9, 2022, Luna reached an all-time high of $104.58. 

The more popular a coin gets, the more people want to know about them. The awareness for crypto sustainability became stronger when Elon Musk announced, in 2021, that due to Bitcoin’s detrimental environmental impact, making payments to Tesla with Bitcoin would be stopped. This led people to start questioning the sustainability of other notable coins, like the Luna crypto. 

Sustainability is a delicate matter and one that comes to light at every slight opportunity, considering how important it is to the world at large.
Is the Luna crypto Eco-friendly?

On the Terra network, validators verify transactions based on the number of coins they hold, meaning that the network uses a proof of stake model. The use of this model consumes less energy than other models, and this makes the Luna crypto eco-friendly.
The Proof of Work (PoW) model is more energy-consuming than the Proof of Stake (POS) model. The PoW model can only be run on high-tech computers that can solve complex algorithms to convert the bundle into a block and add it to the blockchain. This requires a lot of energy. 

Notable organisations are now rejecting non-eco-friendly cryptocurrencies, and Luna remains relevant due to its safe nature. 
The most non-eco-friendly cryptocurrencies are those that require mining. Mining requires a lot of energy which leads to a high level of carbon footprint. Examples of mined cryptocurrencies are Bitcoin and [Litecoin](/coins/ltc). Terra Luna is not a mine, meaning there is no use for the PoW model as it consumes so much energy. 

## Does Terra Luna make any impact in society?

Cryptocurrency is a free space without regulation. No higher powers are guiding the different crypto companies, and neither is the government involved. Some cryptocurrency companies take advantage of the lack of regulation and act as they please, mostly unethical, while some believe in morals and high positive standards. The Luna crypto team is part of those with good moral standards. 

Terra Luna gives back to back to society. Firstly the fact that they use PoS rather than PoW. PoS does not just use less energy during the transaction. This helps conserve energy and save a lot of money and time for the investors. Operating a high-level tech computer requires a significant amount, but the case is entirely different with Terra Luna.

## What Makes Terra stand out?

Terra is an independent PoS model blockchain, unlike some blockchain networks. Terra Luna is a Layer-1 blockchain, and it comes with lots of benefits.

Terra Luna offers a strong foundation for the growth of stable coins. It also serves as a secure and safe mode of structured payment or for creating a blockchain contract.

A Recap of What Makes Luna Crypto Sustainable
The Luna crypto is a sustainable coin, and it is surely friendly. Why do I say this?
1.	Energy Consumption: Terra Luna uses the power of the stacking POS model, meaning it consumes less energy. Carbon Footprint: Terra Luna crypto uses a few hundred machines to power the Terra network. Although it still produces a carbon footprint but not so much and not as much as most cryptocurrencies.
2.	Eco initiatives: Terra Luna has a foundation created to help impact positively in their environment. 
Generally, cryptocurrencies have impacted the world at large, some in a positive way and some others in a negative way. Acting right is an organisation without regulation that requires a high level of restraint and discipline, and the Luna crypto has both. 

## Is Luna Crypto More Sustainable than Bitcoin?

This question regarding the sustainability of the Luna crypto is asked a lot. Well, the fact is that the two cryptocurrencies cannot be compared to each other in this way, as Terra Luna is by far more of a sustainable coin than Bitcoin. 
Bitcoin has a large number of infrastructures and uses thousands of machines to run its network, meaning that the carbon footprint would be on the high side. 

Second, Bitcoin is created through mining, and the mining process for the coin requires supercomputers. Using supercomputers requires much power. High-level consumption of energy is bad for the environment. 
When it comes to eco-initiatives, the fact that Bitcoin gives back a lot to society cannot be disputed. However, so does Terra Luna.
Terra Luna conserves energy because it uses fewer machines to run its blockchain network, and the Luna crypto is not mined. It uses the power of stacking model PoS, which uses way lesser energy when compared to Bitcoin. 

Terra Luna crypto is more sustainable than Bitcoin, but that is not the case here. All cryptocurrencies should achieve sustainability to make our world livable for all of us. 

## What does the future hold for Terra Luna crypto?

Certainly, this will be the question on the minds of many, including me. A company as innovative as Terra probably already has laid down a plan for its future. 

The world is watching and taking the need for cryptocurrency sustainability pretty seriously. Notable organisations like Mozilla and Wikipedia have already stopped accepting payments with cryptocurrencies that are not sustainable, putting all cryptocurrency companies on their toes.
Hopefully, the Luna crypto will continue to be a sustainable coin and even improve more as an eco-friendly cryptocurrency. 
Green digital payments are very much possible for businesses; with time, they will be widely adopted with all cryptocurrencies, and our environments will become healthier for us.


Is Luna Crypto a Sustainable Coin?

The supply of Bitcoin is capped at 21 million units, so how many [Bitcoins](/coins/btc) are left to mine?

The cap is established by the source code of Bitcoin, written by its creator, Satoshi Nakamoto, and which cannot be modified. Once every Bitcoin is mined, the number of coins in circulation will be fixed indefinitely. 

In comparison, central government money has no set boundaries. Governments can issue as many dollars or rupees as they need if they do not mind the resultant inflation. Before Bitcoin, digital cash had the problem of double-spending. Until its development, the only method to ensure a party did not spend money twice was for some central authority to track coins transferred and received, updating users' balances – just like the existing banking system.

However, Nakamoto's discovery enabled computers running a piece of software to impose rigorous spending constraints that prohibited a digital representation of value from being spent twice for the first time – or made it prohibitively expensive to do so. Previously, miners would sell their freshly created Bitcoin on the market to fund operational expenditures in US dollars. However, mining companies are increasingly adding their created currencies to their balance sheets and issuing Bitcoin-backed loans. As a result, Bitcoin has become even rarer as a more significant proportion of the entire Bitcoin supply is locked up for the long term.

As of January 2022, 18.9 million Bitcoins had been mined, with around 2.1 million Bitcoins left to be mined. The block reward - or the number of new Bitcoins awarded to crypto miners for creating a new Bitcoin block - determines how long it takes to mine one Bitcoin. At the moment, 6.25 Bitcoins is the block reward, and a new block is generated every 10 minutes or so. Every 1.6 minutes, a new Bitcoin is mined.

## Production of Bitcoin 

According to the Cambridge Bitcoin Power Consumption Index, the production of Bitcoin requires 143.5 terawatt-hours of electricity per year, which is more than in Ukraine or Norway. As of August 2021, mining a single Bitcoin would need nine years of household-equivalent power. Application-specific integrated circuits, or ASICs, are necessary computer hardware and can cost up to $10,000. ASICs consume massive quantities of energy, which has sparked criticism from environmentalists and restricts miners' profitability. Joining a mining pool is one method to share some of the hefty costs of mining. Pools enable miners to share resources and increase capabilities, but shared resources imply shared incentives. Therefore, the potential payment is lower while using a pool.

Surprisingly, the Bitcoin protocol's supply restriction of 21 million is not stated in its white paper or code. Instead, the ever-decreasing quantity of Bitcoins paid by each block, together with the decentralised network of computers enforcing that reward, allows the network to implicitly forbid the issuing of Bitcoin beyond the limit.  

Nakamoto set the restriction to make the money rare and to minimise inflation that may result from an infinite supply. The idea is simple: if there is a limited amount of Bitcoin, its value would eventually grow due to increased demand and less supply. The difficulty is that Bitcoin achieved 90% of its maximum supply earlier this month. The most significant effect of approaching and eventually exceeding Bitcoin's supply cap is that mining will become significantly less economical. However, the procedure will take more than a century. Bitcoin miners will still be compensated, but only through transaction fees rather than newly generated coins. Since the cryptocurrency's inception in 2009, about 19 million bitcoins, or 90% of the total, have been mined.

Nonetheless, recent predictions indicate that the final Bitcoin will not be created until about 2140. The rate of new Bitcoin left to mine is expected to diminish over time. Every 210,000 blocks, the pay-out for mining each block of bitcoin, which is done every 10 minutes, is cut in half. This occurs every four years. The reward per block had decreased from its original value of 50 BTC per block in 2009 to just 6.25 bitcoin by 2022. By the end of 2024, miners are scheduled to receive just 1.56 Bitcoins for confirming a block of transactions.  

## The History of Bitcoin Mining

Mining was swift at first: according to research firm [Messari](https://messari.io/), half of the 21 million potential Bitcoins had already been mined by late 2012. In 2021, issuance dropped significantly, with fewer than half a million BTC mined for the entire year. If demand for Bitcoin continues to rise, reaching the supply limit would certainly raise its price. This is because everyone desiring to acquire Bitcoin will have to do it from another person, giving sellers influence over the price. Even if all Bitcoins are produced, far less than 21 million will be actively circulating. Chainalysis, a data analytics firm, believes that nearly one-fifth of all coins created have been lost. Bitcoin is stranded in wallets with lost keys, by the physical loss of hard drives where those keys were kept, or even in wallets belonging to deceased owners who never passed on the credentials required to access them. If Bitcoin in 2140 is mainly used as a store of value rather than for everyday purchases, miners can still profit - even with low transaction volumes and the absence of block rewards.

Miners can charge hefty transaction fees to execute high-value or big batches of transactions, with more efficient "layer 2" blockchains like the Lightning Network collaborating with the Bitcoin blockchain to allow everyday Bitcoin spending. However, because the rewards are half every four years, the cost of operating the enterprise will soon outweigh the miners' earnings. Mining may become an unsustainable economic model. Transaction fees will, however, eventually climb because only a limited number of transactions may be validated every 10 minutes. This would be compensation for miners suffering a lack of block rewards, but the transaction amount is dependent on the network's future state. Miners might also employ innovation to improve energy efficiency and reduce expenses. 

If the number of network transactions grows in the future, the pace of the transactions may slow. Bitcoin's architecture prioritised accuracy and integrity over speed. If the volume of transactions in the network falls, Bitcoin could become a reserve asset. That would push out small retail traders, which would be replaced by substantial institutional players, raising transaction costs and making trading more expensive.  
Furthermore, if Bitcoin mining becomes unprofitable in the absence of block rewards, the following damaging effects may occur: 
Groups of miners may create cartels to dominate mining resources and charge higher transaction fees.  

Selfish mining happens when miners agree to hide new legitimate blocks and then release them as orphan blocks. The Bitcoin network has not verified these new blocks. This method can lengthen block processing delays and guarantee that fresh blocks are subject to large fees when they are issued to the blockchain. 

Scarcity will undoubtedly contribute to increased Bitcoin buying. FOMO (fear of missing out) cold create a rush to purchase the rare asset, and those who already own it will be in an advantageous position to sell. However, there is also hope that prospective rules will help keep volatility under control. 

Furthermore, if supply stagnation continues to increase Bitcoin's value for the next 100 years, consider this thought experiment: a home worth one Bitcoin now would be worth half a Bitcoin in 10 years, one-tenth of a Bitcoin in 30 years, 0.05 Bitcoin in 40 years, and so on. Such a system would not function in the same way we expect rupees and dollars to, which explains both the excitement and concern about what Bitcoin in its current shape may do to our economic system. 

Bitcoin doesn't just bring scarcity to the digital domain. It offers a predictable monetary policy that can be planned over time, and which differs from the present monetary system in which governments and policymakers can expand the supply of money, as we have seen in recent years. As a result, currency depreciation is impossible in Bitcoin, and its users' purchasing power is safeguarded. In addition to safeguarding people's buying power, Bitcoin's predictable policy allows users to prepare for the future because they can be confident that no one will debase their money. Important societal improvements may be possible through a strong commitment to long-term labour and investment, rather than short-term bets.

The price of Bitcoin in US dollars might be viewed as a lagging reflection of humanity's comprehension of the technology and its revolutionary value proposition. So, while the Bitcoin price may eventually trend to infinity, it will not be a reality until most of the global population or most of the world's money realises it.






	


How Many Bitcoins Are Left to Mine?

Confused by cryptocurrency tech? You need a Blockchain for Dummies guide.
The way blockchain records data makes it difficult or impossible to hack, change, or cheat the system. The decentralised database, controlled by various participants, is known as Distributed Ledger Technology (DLT). 

It is a distributed digital log of transactions that is duplicated and distributed throughout the blockchain's entire network of computer systems. Every transaction is recorded in every participant's ledger, and each block in the chain comprises numerous transactions. The block of data keeps any information needed, including what, when, who, where, the cost involved, the state of a shipment, and variables such as the temperature.

As an asset proceeds between locations or the owner changes, the respective blocks form a data chain. The blocks confirm the order and time of transactions, and they are firmly tied together to stop any block from being changed or placed between the two current blocks.  

All network participants can access the distributed ledger and its immutable record of transactions. With this shared ledger, transactions are recorded just once, reducing the duplication of effort that is frequent in traditional commercial networks.
Each additional block strengthens the previous block's verification and thus the entire blockchain. This makes the blockchain tamper-evident, providing the critical strength of immutability.  

This removes the risk of bad actor manipulation — and establishes a trustworthy record of transactions for you and other network users.  

No participant may edit or tamper with a transaction after it has been logged into the shared ledger. If a transaction record contains a mistake, a new transaction must be recorded to remedy the issue, and both transactions are then visible.  
This implies that if one block in a chain is altered, it is evident that it has been tampered with. Hackers would need to modify every block in the chain across all distributed copies of the chain to destroy a blockchain system. 

A smart contract is a compilation of rules stored on the blockchain and carried out automatically to quicken the speed of transactions. A smart contract can specify the terms of corporate bond transfers and the payment of travel insurance, among other things. Blockchains are distributed ledger systems that record transactions with an immutable cryptographic signature known as a hash. 

Continuing our blockchain for dummies guide, let us remind you that blockchains are constantly expanding as new blocks are added to the chain, increasing the ledger's security.  

The overarching issue is trust. How can we believe that if someone establishes new money called the Y dollar, they will not award themselves millions of Y dollars or perhaps take your Y dollars? 

It was this issue that [Bitcoin](/coins/btc) was created to address, using a special database known as a blockchain. Most conventional databases, such as SQL databases, have someone in charge who can update the entries. Blockchain is unique because no one is in control; it is run by the individuals who utilise it. Furthermore, Bitcoins cannot be counterfeit, hacked, or double-spent — thus, anyone who holds this money may be confident that it has some worth.  
 
A blockchain network can track orders, payments, accounts, production, and other things. And, since members share a single view of the truth, you can see all the complexities of a transaction, giving you greater confidence as well as new efficiencies and opportunities. 

## Benefits of Blockchain for Dummies? 

Currently, operations frequently waste time and resources on duplicate record keeping and third-party validations. Fraud and cyberattacks can exploit record-keeping systems. A lack of transparency can slow data verification. And since the introduction of IoT, transaction volumes have surged. All of this slows commerce, depletes the bottom line, and suggests that a different method is required. Here comes blockchain.  
 
## Trust  

You may be sure that as a member of a members-only network, you are receiving accurate and timely data, and that your confidential blockchain records will be shared only with members of the network to whom you have authorised access.  
 
## Security  

Because confirmed transactions are permanently stored, all network participants must agree on data veracity. Nobody, not even the system administrator, can erase a transaction. 

## Increased Efficiencies  

Time-consuming record reconciliations are removed with a distributed ledger shared across network participants. A collection of rules, known as a smart contract, may also be placed on the blockchain and implemented automatically to speed up transactions. 

## Types of Blockchain Networks for Dummies
 
### Blockchain public networks  

A public blockchain is one that anybody may join and participate in. Bitcoin is an example. Significant processing power may be required, as well as little or no transaction privacy and inadequate security. These are critical concerns for the application of blockchain in the corporate world.
 
### Blockchain private networks  

Like a public blockchain network, a private blockchain network is a decentralised peer-to-peer network. A single organisation governs the network, controlling who may participate, implements a consensus procedure, and maintains the shared ledger. Depending on the application, this can increase participant trust and confidence. A private blockchain can be hosted on-premises or behind a corporate security system.
 
### Blockchain networks with permissions  

Businesses that create a private blockchain create a permissioned blockchain network. It is worth noting that public blockchain networks may be permissioned as well. This limits who is permitted to join the network and what transactions are made. To participate, you must have an invitation or permission

### Blockchain consortiums  

The upkeep of a blockchain may be shared across many companies. These pre-selected organisations control who may submit transactions and access data. A consortium blockchain is appropriate for business circumstances where all stakeholders must be approved and share ownership of the blockchain.
 
### Blockchain Security for Dummies  

When developing an enterprise blockchain application, it is critical to have a complete security plan that employs cybersecurity frameworks, assurance services, and best practices to decrease the risk of attacks and fraud.  
 
While blockchain technology creates a tamper-proof transaction ledger, blockchain networks are vulnerable to cyberattacks and fraud. Those with malicious intent can exploit known weaknesses in blockchain technology and have been successful in various hacks and frauds throughout the years. Here are a couple of such examples:
 
### Exploitation of code  

Through code exploitation, the Decentralised Autonomous Organisation (DAO), a venture capital fund based on a decentralised blockchain inspired by Bitcoin, was plundered of more than USD 60 million in ether digital currency – almost one-third of its value.
 
### Keys stolen  

The loss of roughly USD 73 million in client Bitcoins from Hong Kong-based [Bitfinex](https://www.bitfinex.com/), one of the world's largest cryptocurrency exchanges, revealed that the currency remains a substantial danger. The reason was the theft of private keys, which are personal digital signatures.
 
### Employee computer hacked 

When Bithumb, one of the major Ethereum and Bitcoin cryptocurrency exchanges, was recently attacked, hackers accessed the data of 30,000 customers and stole USD 870,000 in Bitcoin. Even though it was an employee's PC that was hacked rather than the main servers, the incident prompted concerns about general security.

When creating a private blockchain, ensure it is implemented in a secure, robust architecture. Poorly chosen underlying technology for company goals and operations might expose data to security threats due to vulnerabilities. 
Consider the dangers to business and governance. Financial repercussions, reputational considerations, and regulatory hazards are all examples of business risks. Governance issues stem from the decentralised nature of blockchain systems, which necessitate strict controls over decision criteria, governing policies, identification, and access management. 
 
Understanding and controlling blockchain network risks are important to blockchain security. A blockchain security model comprises the strategy to deploy security to these controls. Create a blockchain security model to verify that all security safeguards for your blockchain solutions are in place. 

Administrators must create a risk model that addresses all business, governance, technological, and process concerns to execute a blockchain solution security model. They must next assess the dangers to the blockchain solution and develop a threat model. Then, administrators must create the security measures that will reduce the risks and threats based on the three categories listed below:  

Implement blockchain-specific security mechanisms.  
Use standard security controls.  
Implement blockchain business controls. 
How Does Blockchain Operate in the Business World?  
Blockchain for business is useful for entities that do transactions with one another. Permissioned users may access the same information simultaneously using distributed ledger technology, improving efficiency, removing friction, and building trust. Blockchain technology can also enable a solution to grow and scale quickly. Many solutions can be customised to do many jobs across sectors.  
 
## What Role Does Blockchain Play in Environmental Protection?  

Blockchain technology may enable new change models, expand knowledge, and assist social groups in creating common systems of record that meet the needs of corporate donors. Blockchain guarantees that production processes and environmental effects may be recorded, audited, and reported. 

So, to summarise for dummies, blockchain technology enables operational, regulatory, increased visibility, and traceability verification efficiencies. This technology also functions as a robust database that can be readily coupled with big data. Blockchain has the potential to reduce costs and make many services more competitive.
 
 
 



Blockchain for Dummies: The Tech Explained

You've probably heard a lot about [HEX](https://coinmarketcap.com/currencies/hex/) crypto, seen the HEX crypto price, and wondered if this is another Ponzi scheme or scam.
This article will deeply explore what Richard Heart's HEX is and what the HEX price is in the market.

There is always a buzz in the cryptocurrency market about new projects and technological advancements, owing mainly to [Bitcoin](/coins/btc) and [Ethereum](/coins/eth). HEX, an ERC-20 token launched at the end of 2019, is one of these projects.

The HEX network's goal is to create a store of value that will replace the traditional certificate of deposit used in conventional financial markets. This can make HEX an appealing and affordable asset for those looking to invest in the emerging decentralised finance sphere.
Even though HEX is a complete project with a dedicated team, investors may find it appealing due to the low price. Fortunately, getting started with cryptocurrency investments has never been simpler.

## What is Hex Crypto?

The HEX cryptocurrency was introduced on the Ethereum network on December 2, 2019. HEX crypto is an ERC20 token designed to be a value store and replace the Certificate of Deposit. This financial product's blockchain counterpart is used in traditional financial markets.

First, we'd like to go over some background information. Commercial banks offer certificates of Deposit (CDs) in the traditional financial industry. They typically provide a slightly higher interest rate than a standard savings or checking account. Depositors should not withdraw their funds to achieve this higher interest rate. The condition is that funds are not removed for one, three, or six months, and in some cases for up to 10 years.

HEX is intended to pay interest to participants who secure their coins through a stake. 

For Bitcoin holders, the HEX coin is a FREE AIRDROP. It is not an ICO, and you are not required to pay anything during the claiming process. The HEX crypto CLAIM process can be completed safely OFFLINE, and still, Bitcoin holders will receive 10,000 HEX per 1 BTC. Bitcoin holders could only claim HEX during the first year of operation. During this time, 90% of the claimed HEX is locked for a year. All coins that Bitcoin holders have not claimed at the end of the first year of release are distributed to other HEX users with active stakes.

## How Does Hex Crypto Work?

The Ethereum network is used for the transaction layer (sending and receiving HEX coins and interacting with the HEX smart contract). At the same time, the consensus code and staking mechanism are contained within the HEX crypto smart contract.

HEX crypto allows users to stake their HEX coins in exchange for a share of the issuance of new HEX coins or inflation. Furthermore, it includes features intended to encourage price appreciation while discouraging practices promoting price harm. The HEX smart contract penalises interested parties who cancel their pledge ahead of time and rewards those who stake more significant amounts of HEX for extended periods. 

According to Richard Heart, the creator of HEX, it is the first blockchain Certificate of Deposit, allowing users to stake their tokens in exchange for interest. Users can earn interest payments ranging from 3.69% (if 99% of the total supply is locked) to 369% (if only one percent of the total amount is staked). Because interest payments are made in HEX, the monetary value of such an amount is entirely dependent on the market value of HEX at the time of maturity.

The Certificate of Deposit (also known as a savings account) is one of the most popular banking products. In other words, HEX is the first blockchain CD. However, HEX is designed much better than a CD because, with a CD, you will not be paid more if others decide to close their CDs earlier.

## How to Buy Hex Crypto

STEP 1

Create an account: The first step in purchasing HEX is to open an account with a brokerage that accepts HEX purchases and sales. If you live in the US, your options for buying HEX directly with fiat currency are limited. Currently, HEX is only available on smaller exchanges, which are more vulnerable to hacking attempts.

STEP 2

Purchase or obtain a wallet: After you've decided where and how you want to buy HEX, you should open an off-chain wallet to keep your tokens. A cryptocurrency wallet is a physical device or software application that gives you a private set of keys to store your tickets.
Cryptocurrency wallets:
•	Hardware wallets - also known as "cold storage" wallets, a hardware wallet is a physical device that works the same way as a flash drive. You'll use Bluetooth or USB to connect your hardware wallet to your computer and transfer your tokens to an offline wallet. Hardware wallets store your tokens more securely, but they can only hold a limited number of coins and tokens.
•	Software wallets - these wallets, also known as "hot storage" wallets, are computer or smartphone applications that store your tokens and coins on an online wallet. Though software wallets offer less security than hardware wallets, they are free and typically hold more types of assets than comparable hardware wallets.

STEP 3

Make a purchase: It's time to make your purchase after opening an account and choosing a wallet. Examine your broker's platform and the different orders you can use to buy HEX. Depending on which broker you use, you may have access to dozens of order types, each influencing the price at which your order is executed.
When you submit your order, your broker will handle filling it at a price or under your specified conditions. Your broker will usually notify you when your order is finished via email or in-app message.

Despite HEX's unprecedented success, there is still much misinformation surrounding the project. Fear, uncertainty, and doubt are classified into three types:

"HEX is a pyramid scheme": This is a common criticism of HEX that you can find within two minutes of searching Reddit. You can see how some people could be led down this rabbit hole. On the other hand, Charles Ponzi used the proceeds from new investors to repay older investors. Richard refutes this assertion by stating that HEX stakers create their rewards. This means that the interest earned on staked HEX is unaffected by new investors. The mechanics of the smart contract code generate interest, and of course, new investors support the price of HEX.

"HEX is a Pyramid Scheme": When it comes to HEX, detractors scream pyramid scheme on every Reddit thread. Pyramid schemes involve a network of middlemen profitably selling to one another before someone eventually sells to a retail consumer or is left holding the bag. Some argue that HEX is like this. Old investors market to new investors, who then market to even more new investors, etc. Of course, the same could also be said of eBay baseball cards. Richard Heart refutes the pyramid scheme accusation by claiming that HEX lacks multiple levels of marketing. This is correct. The decision to invest in HEX is a personal one. Investors purchase directly from an exchange rather than through a middleman.

One of the most dubious claims is that "HEX is preparing for a massive rug pull": Much analysis has been done by Redditors and other people with too much time on their hands to say, "I told you so" about HEX's centralised ownership. The HEX Origin Address (the wallet address linked to the initial smart contract) has been chastised for owning approximately 90% of the total supply of HEX. This sum has been distributed to a number of other wallets over time. According to the theory, Richard Heart or those associated with the HEX project own and control those wallets. This would eventually give them control of the network's consensus, effectively turning his decentralised utopia into a centralised poop pile. The theory is that the centralised owners of HEX will dump on all the bag holders one day and crash the price to zero. I do not doubt that Richard Heart owns a whole bunch of HEX. He does not reveal any of his holdings. This plays into the hands of the skeptic. I guess that he's doing this to avoid Uncle Scam's posse at the IRS or SEC rather than to rug pull HEX investors.

## Conclusion

In terms of market capitalisation, HEX is currently the 204th largest cryptocurrency. As a result, it is a small cryptocurrency offering only available on a few select exchanges. It also means that HEX is a highly volatile asset that can reach zero. If you decide to invest in HEX (or any other minor altcoin), consider making it a small part of your overall portfolio.


Hex Crypto and Richard Heart: A Complete Guide

There are thousands of different cryptocurrencies, including the new Ethereum Max. Every day, hundreds of new ones are created. It can be challenging to separate the good from the bad in this crypto river.
As a general rule, most current cryptocurrencies are entirely useless and should be avoided. Is Ethereum Max among them? Let's look more closely at the new Ethereum Max cryptocurrency. This article will lay out all the information you need to know about Ethereum Max.

## What is Ethereum Max?

Ethereum Max, or [EMAX](https://coinmarketcap.com/currencies/ethereummax/), is an ERC20 token. With no pre-sale and no tokens reserved for the development team, all tokens were released on the open market, resulting in a fair and complete distribution of the coins. EMAX was created to provide the world with an [Ethereum](/coins/eth)-based token that gives holders the security and versatility of the Ethereum blockchain while also yielding rewards and enhancing digital asset decentralisation. The token was created to strengthen existing systems while also adding secondary benefits such as redistributing a percentage of all transactions to existing holders. With each transaction, investors will receive an increase of EMAX in their wallets.

## How Does EMAX Work?

It is difficult to explain how Ethereum Max works because it does nothing but exist. ERC-20 tokens are simple to create and require little programming knowledge. The Ethereum blockchain is open to the public. Anyone can create a token with any name they choose and generate marketing buzz around it, with no requirement that it be useful.

The whitepaper and roadmap for the project make very ambitious claims for the future of the 'Ethereum Max Ecosystem,' but the uses of EMAX crypto are chiefly speculative.

Its current value appears to be derived primarily from demand generated by an aggressive marketing campaign combined with a deceptive name. According to the project's website, the token gives EMAX wallet holders a 3% share of the transaction value. Because the contract code EMAX token is not publicly available, it is unclear how this is accomplished.

Overall, the EMAX token functions by being popular, similar to a meme coin. However, unlike a meme coin, there is no meme to drive its popularity, so the project relies heavily on marketing to unsophisticated buyers to increase demand for EMAX crypto.

## What is the Use of EMAX Token?

EMAX is one of the only environmentally friendly and 100% decentralised tokens to avoid rug pulls. The entire supply is released to the open market, and none is burned to a dead address. We currently have six months of liquidity locked in; once we convert to V3, we will have 1,000 years of liquidity locked in. This reduces the risk for investors while ensuring security via the Ethereum blockchain. It is also worth noting that EMAX tokens are not mined because they are supported by Proof of Stake (PoS) technology. This allows us to operate in an environmentally friendly and fully decentralised environment.

## Buying and Selling EMAX

You can always sell EMAX cryptocurrency on the same exchange where you bought it. The procedure for selling EMAX cryptocurrency is nearly identical to purchasing it.

## Conclusion

EMAX crypto is a token created by unidentified Ethereum Max project developers.

The token's name may lead you to believe it is an official product of the Ethereum blockchain or the Ethereum Foundation. That is not the case.

If you purchase EMAX cryptocurrency, you can exchange it for any other ERC-20 token on a decentralised exchange you can or a few centralised exchanges.


Ethereum Max: Everything you need to know

Crypto Coin News

Crypto coins or tokens are representations of values stored on the blockchain. Cryptocurrencies, literally cryptographic currencies, are simply the digital, blockchain-based equivalent of our normal or 'fiat' currencies. The most famous (and first) crypto coin is Bitcoin. 

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