idscapt

  BTC’s price is range-bound, giving other assets room to gain a foothold in an otherwise down market. This week, Bitcoin’s BTC tickers down $16,212 price took a tumble as a hotter-than-expected consumer price index (CPI) report showed high inflation remains a persistent challenge despite a wave of interest rate hikes from the United States Federal Reserve. Interestingly, the market’s negative reaction to a high CPI print seemed priced in by investors, and BTC’s and Ether’s ETH tickers down $1,164 prices reclaimed all of their intraday losses to close the day in the black. A quick look at Bitcoin’s market structure shows that even with the post-CPI print drop, the price continues to trade in the same price range it has been in for the past 122 days. Adding to this dynamic, Cointelegraph market analyst Ray Salmond reported on a unique situation where Bitcoin’s futures open interest is at a record high, while its volatility is also near record lows. These factors, along with other in...

  #idscapt : #Bitcoin as the ideal launching point for #DeFi By taking the original Bitcoin technology and adding key features on top of it, DeFiChain has created what it believes is an approach that will lead to a way forward for an industry that has been stuck in somewhat of a rut. There are a number of different issues at play in DeFi currently, chief among them being a lack of transparency, security vulnerabilities, platforms with faulty economics and a level of complexity that can be overwhelming to newcomers. DeFiChain’s approach solves many of those issues by taking the industry back to basics in order to build something better. A vibrant ecosystem has been built around the network that features all the best of what DeFi has to offer, including staking and farming mechanisms where users can earn yields on the liquidity that they provide. DeFiChain also has numerous opportunities for platform creators, given the flexibility afforded by its decentralized governance. Those opp...

  In this guide we will walk you through setting up your very own cold storage wallet for Bitcoin. We'll be discussing the completely free and highly secure 'paper wallet' method. Getting started Before diving into the process, you may be wondering, "What is cold storage?" In simple terms, cold storage refers to keeping your bitcoin completely offline. Although 'hot' (online) wallets like the  Bitcoin.com Wallet  are perfectly safe - in addition to being highly convenient for everyday usage, including for trading - cold storage wallets, because they never touch the Internet, provide an even safer method for simple, long-term storage. They also make a unique way to give bitcoin as a gift. Read more:  Get an overview of the different Bitcoin wallet types, how to create them, and their respective pros & cons. Generating a private/public keypair The first step to getting your bitcoin into cold storage is creating an offline Bitcoin address. This address wi...

  Armstrong believes that a part of the problem stems from the lack of clear regulatory certainty in the U.S., which has spurred 95% of crypto trading to develop overseas. These offshore companies engage in “more opaque and risky business practices.” “We should continue to work with policy makers to create sensible regulation for centralized exchanges/custodians in each market (as we’ve been doing for some time), but then we need to see a level playing field enforced, which hasn’t happened to date,” he said. In the long run, Armstrong said that decentralized finance will help mitigate the risks associated with trusted third parties, as all activity will be publicly auditable on-chain.  Unfortunately, Defi is currently prone to hacks and exploits which have lost users over $3 billion this year alone. Due to its anonymity, it can also be difficult to bust criminals when they steal funds from a given smart contract.  To avoid similar issues to FTX, Binance CEO Changpeng Zhao...

  idscapt： How does Arweave work? First and foremost, we must learn about Arweave's permaweb, which the firm describes as a "global, community-owned web that anyone can contribute to or get paid to maintain." Like any other blockchain network, Arweave is made up of a collection of blocks. These blocks contain all the data of a website and/or application and make it accessible on the permaweb. Also Read: Fresh round of crypto job cuts: Dapper Labs, Galaxy Digital, Crypto.com among firms looking to downsize Now, with traditional blockchains, every block contains a link to the previous block, creating a chain-like strucuture. However, with Arweave, each block is linked to a preceding block and a second block from the network's history. This second block is known as its "recall block" and the overall structure of the network is known as a blockweave, as opposed to a blockchain. This unique structure is how the project gets its name. The block structure is also ...

Judging from its name, Arweave sounds like some augmented reality (AR) or metaverse platform. However, it is a Decentralised Storage Network (DSN) where people with extra computer space can connect with those who need storage solutions. This is unlike traditional storage solutions that usually store data on servers. What makes Arweave all the more unique is that it offers permanent storage for a single upfront payment. There are many other blockchain-based storage solutions, such as Filecoin and Storj. However, most of these solutions work on a monthly or yearly payment system. So, how does Arweave operate using a single payment system? The platform uses a sustainable endowment system, wherein a large chunk of the storage fees are deposited to earn interest. Arweave then uses the interest to pay for future storage costs. However, there is some fine print one should go through in the storage contract. The platform only guarantees storage for as long as the endowment has enough value. As...

  idscapt ： Ethereum launched in summer 2015 with the aim of expanding the use cases of blockchain and cryptocurrency to encompass all manner of decentralized applications beyond Bitcoin’s initial scope, from permissionless financial services and crowdfunding to new organizational structures. Ethereum was envisioned as a “global computer” that would allow developers to publish and execute apps powered by smart contracts — programmable scripts that facilitate the flow of digital assets. Ethereum’s native cryptocurrency, Ether (ETH), not only provides an incentive structure similar to Bitcoin (BTC) in securing and maintaining the network but is also used as “gas” to run transactions through smart contracts. This functions as a security measure to protect the network from inefficient code and attacks by malicious actors. At Cointelegraph, we are chronicling the progress of the Ethereum space. Will it become essential infrastructure for a more open, freer internet? Or will it be surpas...

  #idscapt ： The year 2022 in #crypto was eventful in many ways. However, the negative impacts of a bear market dampened the excitement around the blockchain upgrades that significantly brought crypto ecosystems closer to the future of finance. For #Bitcoin , it was the Taproot soft fork upgrade, which was aimed at improving the scripting capabilities and privacy of the Bitcoin network. Ethereum underwent the Merge upgrade to transition from a proof-of-work to a proof-of-stake (PoS) consensus mechanism. Leading decentralized Ethereum scaling platform Polygon kicked off the year with mainnet upgrades based on #Ethereum Improvement Proposal (EIP)-1559, otherwise known as the London hard fork. The upgrade was accompanied by Polygon MATIC tickers down $1.1840 token burning and better fee visibility. On Jan. 25, Ryan Wyatt joined Polygon Studios as the CEO after resigning from YouTube as global head of gaming. Speaking to Cointelegraph, Wyatt discussed the importance of timely blockc...

  Idscapt is one of the world's famous digital asset trading platforms, mainly providing bitcoin, Ethereum and other digital assets trading services and derivatives for global users. Our Mission We believe in the core ideas of Bitcoin and blockchain, and believe that distributed ledger and smart contract technology will build the trust foundation of human beings, remove transaction barriers, improve transaction efficiency, and have a significant impact on the real economy of human beings. Therefore, we gave up many temptations and devoted ourselves to the wave of blockchain technology revolution, hoping to make a little change in the world. Our technology Idscapt uses advanced technologies such as GSLB, distributed server cluster, distributed storage, high-speed memory transaction engine with multi-machine mutual backup, cold wallet, hot wallet with private key offline, etc., to provide secure, stable and reliable digital transaction services for our customers through multi-termina...