Decentralized Physical Infrastructure Networks (DePINs) – Part 1
As blockchain technology reshapes the digital landscape, its influence is extending into the physical world through Decentralized Physical Infrastructure Networks (DePINs). These networks bring a new level of fairness and inclusivity by integrating blockchain with physical infrastructure, offering an alternative to centralized models like Swiggy, where control is in the hands of a single authority.
DePINs represent the next frontier in decentralization, applying the principles of blockchain to physical infrastructure. They leverage smart contracts and the Internet of Things (IoT) to enable autonomous, real-time interactions, enhancing the efficiency, security, and transparency of systems like renewable energy grids and supply chains.
By distributing management across a decentralized blockchain network, DePINs eliminate the need for a central authority. These networks are already being applied in various domains, such as Energy Trading and Supply Chain Management
DePINs not only support sustainable practices, like promoting renewable energy, but also reduce dependency on large, centralized facilities. They fall into several major categories, including:
1. Cloud Storage Networks: Facilitating decentralized content delivery and VPNs.
2. Wireless Networks: Enabling the rollout of decentralized 5G technology.
3. Sensor Networks: Gathering real-time data from various sources.
4. Energy Networks: Enhancing the efficiency and reach of decentralized energy grids.
DePINs are revolutionizing how we manage physical infrastructure, offering a sustainable and decentralized alternative to traditional systems. Stay tuned for Part 2!
As blockchain technology reshapes the digital landscape, its influence is extending into the physical world through Decentralized Physical Infrastructure Networks (DePINs). These networks bring a new level of fairness and inclusivity by integrating blockchain with physical infrastructure, offering an alternative to centralized models like Swiggy, where control is in the hands of a single authority.
DePINs represent the next frontier in decentralization, applying the principles of blockchain to physical infrastructure. They leverage smart contracts and the Internet of Things (IoT) to enable autonomous, real-time interactions, enhancing the efficiency, security, and transparency of systems like renewable energy grids and supply chains.
By distributing management across a decentralized blockchain network, DePINs eliminate the need for a central authority. These networks are already being applied in various domains, such as Energy Trading and Supply Chain Management
DePINs not only support sustainable practices, like promoting renewable energy, but also reduce dependency on large, centralized facilities. They fall into several major categories, including:
1. Cloud Storage Networks: Facilitating decentralized content delivery and VPNs.
2. Wireless Networks: Enabling the rollout of decentralized 5G technology.
3. Sensor Networks: Gathering real-time data from various sources.
4. Energy Networks: Enhancing the efficiency and reach of decentralized energy grids.
DePINs are revolutionizing how we manage physical infrastructure, offering a sustainable and decentralized alternative to traditional systems. Stay tuned for Part 2!
Forwarded from Crypto city
#BTC formed a falling wedge pattern and over the major support zone, moving back and forth to it. Good part is price gave a breakout and inside of the zone. A weekly closing is needed to have some clarity in the market.
Durov received about $45,000 in donations via stars under his latest post 💫💵
While it’s not enough to cover his bail, it could help with renting a place in Paris for the time being. 😉
Yesterday, Durov made his first post since his detention, thanking everyone for their "love and memes." ❤️🐶
He also described the charges against him as absurd, noting that Telegram actively moderates content and that France has a dedicated representative to handle government requests. 🤔
⚖️ Previously, the court barred Durov from leaving France for six months, until March 2025, and set his bail at five million euros. 💰
The amount can be paid in installments: one million upfront, with the remaining four million spread over five monthly payments.
While it’s not enough to cover his bail, it could help with renting a place in Paris for the time being. 😉
Yesterday, Durov made his first post since his detention, thanking everyone for their "love and memes." ❤️🐶
He also described the charges against him as absurd, noting that Telegram actively moderates content and that France has a dedicated representative to handle government requests. 🤔
⚖️ Previously, the court barred Durov from leaving France for six months, until March 2025, and set his bail at five million euros. 💰
The amount can be paid in installments: one million upfront, with the remaining four million spread over five monthly payments.
The Bitcoin supply held in the 3-6 month age band has seen a surge in loss-taking since July, with the capitulation's magnitude resembling past market inflection points. However, the remaining supply in this age band is nearing Long-Term Holder status, indicating decreasing sell pressure and a potential market turning point.
AUDUSD, 30-minute timeframe chart
AUDUSD retested the resistance level of 0.66700
👉Level explanation
AUDUSD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 0.66700.
👉Possible scenario
The best way to use this opportunity is to place a Sell order at 0.66700.
Set your stop loss at 0.66850 above the previous high ($1.50 loss for 0.01 lot) and take profit at 0.66450 ($2.50 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.67.
The upcoming news will not influence your orders within the mentioned period.
AUDUSD retested the resistance level of 0.66700
👉Level explanation
AUDUSD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 0.66700.
👉Possible scenario
The best way to use this opportunity is to place a Sell order at 0.66700.
Set your stop loss at 0.66850 above the previous high ($1.50 loss for 0.01 lot) and take profit at 0.66450 ($2.50 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.67.
The upcoming news will not influence your orders within the mentioned period.
Inflation in cryptocurrencies
In the crypto world, just as in the real world, there is inflation, an asset depreciating over time.
Inflation in cryptocurrencies occurs when too many new coins are issued.
A clear example is the cryptocurrency Dogecoin (DOGE). Dogecoin has no limit on the number of coins that can be issued, and up to 5.2 billion new DOGE can be created each year. Similarly, when new dollars are printed, Dogecoin depreciates slightly each year.
Bitcoin, on the other hand, is not subject to inflation; since the total number of Bitcoin can never exceed 21 million, the coin is protected from depreciation.
But frankly speaking, investors barely pay attention to this. Since crypto is very volatile, this 2%–3%–4% annual inflation has almost no effect on anything.
However, if you come across a coin with suspicious tokenomics—e.g., they’ve made it possible to issue an unlimited number of tokens during any period—this should definitely be taken into account when making investment decisions.
In the crypto world, just as in the real world, there is inflation, an asset depreciating over time.
Inflation in cryptocurrencies occurs when too many new coins are issued.
A clear example is the cryptocurrency Dogecoin (DOGE). Dogecoin has no limit on the number of coins that can be issued, and up to 5.2 billion new DOGE can be created each year. Similarly, when new dollars are printed, Dogecoin depreciates slightly each year.
Bitcoin, on the other hand, is not subject to inflation; since the total number of Bitcoin can never exceed 21 million, the coin is protected from depreciation.
But frankly speaking, investors barely pay attention to this. Since crypto is very volatile, this 2%–3%–4% annual inflation has almost no effect on anything.
However, if you come across a coin with suspicious tokenomics—e.g., they’ve made it possible to issue an unlimited number of tokens during any period—this should definitely be taken into account when making investment decisions.
👍1
#BTC doesn't moved alot still attempting the break of the Major Resistance Area. Buyers standing strong and we can see that in on chain data as well.
#Bitcoin trying to push towards the $60,000 level and already trading with the major resistance zone. A small consoldiation was created which broked successfully. Now, we need to see a Daily Candle closure over $60,000 and H4, closing will be the early indication.
Investors' Confidence In German Economy Plummets After A Wave Of Bad News
In September, the index of investor confidence (ZEW) in the German economy fell to its lowest level since October 2023 and amounted to 3.6 points. At the same time, in August ZEW was at 19.2 points. While the decline in economic expectations in the eurozone indicates an overall increase in pessimistic sentiment, the decline in expectations for the German economy is significantly higher
The outlook for Europe's largest economy worsened after output contracted unexpectedly in the second quarter of 2024 amid weak industrial performance. In addition, Germany's economic outlook has been hit by a spate of bad news over the past few weeks.
Thus, the large German automaker Volkswagen plans to announce the closure of 2-3 factories in the country and lay off up to 15,000 employees. Another car maker BMW cut its profit forecast for 2024 due to the recall of 1.5 million cars due to identified faults in the brake system.
In September, the index of investor confidence (ZEW) in the German economy fell to its lowest level since October 2023 and amounted to 3.6 points. At the same time, in August ZEW was at 19.2 points. While the decline in economic expectations in the eurozone indicates an overall increase in pessimistic sentiment, the decline in expectations for the German economy is significantly higher
The outlook for Europe's largest economy worsened after output contracted unexpectedly in the second quarter of 2024 amid weak industrial performance. In addition, Germany's economic outlook has been hit by a spate of bad news over the past few weeks.
Thus, the large German automaker Volkswagen plans to announce the closure of 2-3 factories in the country and lay off up to 15,000 employees. Another car maker BMW cut its profit forecast for 2024 due to the recall of 1.5 million cars due to identified faults in the brake system.
Decentralized Physical Infrastructure Networks (DePINs) – Part 1
As blockchain technology reshapes the digital landscape, its influence is extending into the physical world through Decentralized Physical Infrastructure Networks (DePINs). These networks bring a new level of fairness and inclusivity by integrating blockchain with physical infrastructure, offering an alternative to centralized models like Swiggy, where control is in the hands of a single authority.
DePINs represent the next frontier in decentralization, applying the principles of blockchain to physical infrastructure. They leverage smart contracts and the Internet of Things (IoT) to enable autonomous, real-time interactions, enhancing the efficiency, security, and transparency of systems like renewable energy grids and supply chains.
By distributing management across a decentralized blockchain network, DePINs eliminate the need for a central authority. These networks are already being applied in various domains, such as Energy Trading and Supply Chain Management
DePINs not only support sustainable practices, like promoting renewable energy, but also reduce dependency on large, centralized facilities. They fall into several major categories, including:
1. Cloud Storage Networks: Facilitating decentralized content delivery and VPNs.
2. Wireless Networks: Enabling the rollout of decentralized 5G technology.
3. Sensor Networks: Gathering real-time data from various sources.
4. Energy Networks: Enhancing the efficiency and reach of decentralized energy grids.
DePINs are revolutionizing how we manage physical infrastructure, offering a sustainable and decentralized alternative to traditional systems. Stay tuned for Part 2!
As blockchain technology reshapes the digital landscape, its influence is extending into the physical world through Decentralized Physical Infrastructure Networks (DePINs). These networks bring a new level of fairness and inclusivity by integrating blockchain with physical infrastructure, offering an alternative to centralized models like Swiggy, where control is in the hands of a single authority.
DePINs represent the next frontier in decentralization, applying the principles of blockchain to physical infrastructure. They leverage smart contracts and the Internet of Things (IoT) to enable autonomous, real-time interactions, enhancing the efficiency, security, and transparency of systems like renewable energy grids and supply chains.
By distributing management across a decentralized blockchain network, DePINs eliminate the need for a central authority. These networks are already being applied in various domains, such as Energy Trading and Supply Chain Management
DePINs not only support sustainable practices, like promoting renewable energy, but also reduce dependency on large, centralized facilities. They fall into several major categories, including:
1. Cloud Storage Networks: Facilitating decentralized content delivery and VPNs.
2. Wireless Networks: Enabling the rollout of decentralized 5G technology.
3. Sensor Networks: Gathering real-time data from various sources.
4. Energy Networks: Enhancing the efficiency and reach of decentralized energy grids.
DePINs are revolutionizing how we manage physical infrastructure, offering a sustainable and decentralized alternative to traditional systems. Stay tuned for Part 2!
NEW: 🟠 Metaplanet CEO shares how much Bitcoin per share their company has held over time 👀
"Proud to share our #Bitcoin per share (in satoshis). Each bar represents our Bitcoin holdings per share, showing a steady increase since our adoption of the Bitcoin standard. Our goal is to keep growing our BTC per share for long-term shareholder value Metaplanet."
- Simon Gerovich
"Proud to share our #Bitcoin per share (in satoshis). Each bar represents our Bitcoin holdings per share, showing a steady increase since our adoption of the Bitcoin standard. Our goal is to keep growing our BTC per share for long-term shareholder value Metaplanet."
- Simon Gerovich
#BTC standing strong and kept on getting rejection from strong resistance. Price again back inside the consoldiation range making it a fakeout now. Now only the daily candle closing can give more clarity.
Bitcoin's Coinbase premium hit a 39-day high as the price reclaimed $63K. The Coinbase Premium Index, which measures the gap between $BTC prices on Coinbase Pro vs Binance, reached 0.0114 - its highest since July 15. This suggests increased US investor demand.
The surge in demand followed Fed Chair Jerome Powell's speech at Jackson Hole, where he indicated that interest rate cuts were likely, though no specific timeline was given.
Do you think $BTC will surge further this coming week?
👍 Yes
👎 No
The surge in demand followed Fed Chair Jerome Powell's speech at Jackson Hole, where he indicated that interest rate cuts were likely, though no specific timeline was given.
Do you think $BTC will surge further this coming week?
👍 Yes
👎 No
👍2
Mystery of Gas Prices
Gas prices are the engine that drives transactions in the Ethereum ecosystem. They represent the fees users pay to execute transactions or interact with smart contracts. Think of it like tipping for faster service,the higher the gas price, the quicker miners process your transaction.
However, finding a balance is key. Pay too little, and your transaction might stall; pay too much, and you’re wasting resources. As Ethereum’s network experiences congestion, gas prices fluctuate, so staying alert to these changes can help you optimize transaction speed and cost.
Gas prices are the engine that drives transactions in the Ethereum ecosystem. They represent the fees users pay to execute transactions or interact with smart contracts. Think of it like tipping for faster service,the higher the gas price, the quicker miners process your transaction.
However, finding a balance is key. Pay too little, and your transaction might stall; pay too much, and you’re wasting resources. As Ethereum’s network experiences congestion, gas prices fluctuate, so staying alert to these changes can help you optimize transaction speed and cost.
🗓 Coming Up Next Week
Monday 30.09
⏺China Composite PMI
⏺UK GDP
⏺Germany CPI
⏺FED Powell Speech
Tuesday 01.10
⏺China - Markets Closed
⏺US, Japan, Germany, UK, Eurozone PMIs
⏺Eurozone CPI
Wednesday 02.10
⏺China - Markets Closed
⏺US ADP Nonfarm Employment
Thursday 03.10
⏺China - Markets Closed
⏺Japan, Australia, Germany, UK, Eurozone PMIs
⏺US Services PMI
Friday 04.10
⏺China - Markets Closed
⏺US Nonfarm Payrolls ✅️✅️✅️
Monday 30.09
⏺China Composite PMI
⏺UK GDP
⏺Germany CPI
⏺FED Powell Speech
Tuesday 01.10
⏺China - Markets Closed
⏺US, Japan, Germany, UK, Eurozone PMIs
⏺Eurozone CPI
Wednesday 02.10
⏺China - Markets Closed
⏺US ADP Nonfarm Employment
Thursday 03.10
⏺China - Markets Closed
⏺Japan, Australia, Germany, UK, Eurozone PMIs
⏺US Services PMI
Friday 04.10
⏺China - Markets Closed
⏺US Nonfarm Payrolls ✅️✅️✅️