🔍 A Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records

🚀 2024: Bitcoin's Year of Dominance

In the vast ocean of cryptocurrencies, Bitcoin (BTC) has emerged as the mighty whale, commanding over 56% of the crypto market. But it's not alone in this race. The top ten L1 chains, including BTC, together hold a staggering 81.77% of the total market share.

⚖️ Comparing Blockchains: A Closer Look at TPD and TPS

While there are many ways to measure blockchain networks, we're zooming in on one crucial metric: daily verified transactions. By breaking it down into the 86,400 seconds that make up a day, we get a glimpse of each network's transactions per second (tps).

📊 Data Sources and Accuracy Checks

To ensure accuracy in our analysis, we've tapped into trusted sources like Coin Metrics and Artemis Terminal. But we didn't stop there. Blockchain explorers and statistical sites like ycharts lent their insights to verify the numbers.

🥇 Solana Leads the Pack with Lightning Speeds

According to artemis, Solana steals the spotlight with a record-breaking 57 million transactions on Dec. 24, 2021. That's an impressive 659.72 tps! BNB follows closely with its own milestone of 32.68 million transfers on Dec. 7, 2023, clocking in at 378.24 tps.

🥉 Tron Joins the 10 Million Club

Tron secures its place among the top three by processing a whopping 13.78 million transactions on June 12, 2023, delivering a swift pace of 159.49 tps. It's in good company with Solana and BNB, both surpassing 10 million transactions per day (tpd).

💥 XRP, Avalanche, and TON Make Their Mark

XRP claims the fourth spot with 7.22 million transactions on Dec. 31, 2023, boasting a respectable 83.56 tps. Avalanche surges ahead with 6.4 million transactions on Nov. 22, 2023, at a rate of 74.07 tps. Meanwhile, The Open Network (TON) makes an impressive debut with 5.1 million daily transactions on Dec. 11, 2023, reaching 59.03 tps.

🌐 Ethereum and DOGE Hold Their Ground

Ethereum may be seventh on the list, but its 1.96 million transactions on Jan. 14, 2024, still translate to a respectable 22.69 tps. The meme-inspired DOGE network barks its way to 1.7 million transactions on Nov. 26, 2023, wagging its tail at 19.68 tps.

⚡️ Bitcoin and ADA: Steady Yet Strong

While Bitcoin's transaction count of 928,131 on April 23, 2024, may seem modest compared to others, it still manages a max tps of 10.74. ADA wraps up the top ten with 496,800 transfers on Nov. 22, 2021, clocking in at around 5.75 tps.

🏆 The Future: Scalability and Innovation Battle for Supremacy

As the crypto landscape evolves, speed isn't the only factor shaping these networks' destinies; scalability and innovation are also key. While Solana and BNB dazzle with their transaction speeds, the likes of Bitcoin and Ethereum hold their ground through market share and adoption. The race for relevance in the ever-expanding crypto economy is far from over.

🚀 Bitcoin's Hashrate Soars to 692 EH/s, Inches Closer to 700 EH/s Milestone

📈 Bitcoin's network is flexing its digital muscles once again! On September 8, 2024, the total hashrate of the world's most popular cryptocurrency skyrocketed to an impressive 692.28 EH/s, bringing it tantalizingly close to the monumental 700 EH/s mark. This achievement marks yet another all-time high for Bitcoin's network this week, showcasing its unstoppable growth.

📊 The numbers don't lie – Bitcoin's computational power has been on a steady incline throughout 2024. From a modest 393 EH/s just a year ago, it has surged by an astounding 299 EH/s, representing a jaw-dropping 76.15% increase in raw mining might. And over the past week alone, we've witnessed a hefty leap of 66 EH/s!

⛏ While miners are flexing their hardware muscles, it's not all smooth sailing. The network's mining difficulty is reaching new heights, and miner revenue has taken a bit of a dip. But these challenges are just bumps in the road for Bitcoin's resilient ecosystem.

💰 Speaking of revenue, the hashprice – that's the estimated value of 1 petahash per second (PH/s) – has experienced a slight dip. It now stands at $38.55 per PH/s, according to Luxor's hashrateindex. But don't let that fool you; Bitcoin's growing hashrate is a testament to its long-term strength.

⏱ Quicker block intervals are becoming the norm, with an average time of around 9 minutes and 28 seconds. This rapid pace sets the stage for an upcoming difficulty adjustment on September 10, projected to increase by 5.48%. If all goes as expected, this adjustment will shatter the previous all-time high set just a month ago.

In the ever-evolving world of Bitcoin, one thing is clear – its hashrate is reaching for the stars, bringing with it new milestones and setting the stage for a future where decentralized digital currency reigns supreme. 🌟

The Hamster listing is scheduled for September 26, and while we await it, let’s introduce you to a more promising project

This service not only simplifies the passport application process but also incorporates a gamified aspect. You can earn bonuses through the game, which will enhance the benefits of your electronic passport in the future.

The official passport release is planned for the end of the year, and the project has already attracted over 1,000,000 users.

This innovative initiative distinguishes itself from projects like Hamster, Blum, and Notcoin. There’s speculation that the points you collect might lead to real rewards, with details to be revealed later.

What to do:

🔴 Follow the link
🟡 Complete tasks (such as subscribing to Twitter and linking your email)
🟢 Collect points that will be valuable in the future

Seize the opportunity to join a growing community and avoid missing out later.

👉 Registration might close soon, so make sure to join now. We’ll keep you updated with the latest news!

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📈 Bitcoin's All-Time High Difficulty Puts Miners in a Bind

💪 Bitcoin miners are facing an uphill battle as the cryptocurrency's difficulty hits a new high, making it 3.58% tougher to strike digital gold. The network's difficulty has soared from 89.47 trillion to a staggering 92.67 trillion, leaving miners grappling with the challenge.

⛏ The mining revenue isn't looking too rosy either, with the hashprice languishing at a meager $39.18 per petahash per second (PH/s). On top of that, onchain fees contribute just a paltry 1.7% to earnings, making it harder for miners to turn a profit.

💰 As the pressure mounts, miners are left with few options. They must either rethink their strategies, invest in more efficient tech, or even delve into the realm of artificial intelligence (AI) to stay afloat. Tough decisions lie ahead for these digital prospectors.

In this volatile landscape, survival is key, and only the most adaptable miners will weather the storm of high difficulty and dwindling returns.

😘 Bloom Era Begins: A New Chapter Unfolds 😘

From a single SEED, a universe sprouted. 🌱 After the Alpha and Genesis Seasons, we nurtured SEED, watched it take root, and grow stronger day by day. Now, SEED is ready to blossom.

What awaits in the Bloom Era tomorrow?

👨‍💻 A Fresh New Look – Enjoy an all-new UI/UX for a seamless experience.
🔋 Boosted Speed – New levels for Tree, Holy Water, and Storage to help Seedizens enhance your SEED balance.
👥 Invite & Earn – Bring friends, earn SEED rewards, and enjoy new cashback based on in-game economics.

Explore more details 👉🏻 BLOOM ERA IN A NUTSHELL

As the saying goes, you reap what you sow. We’re not just growing, we’re blossoming into something beyond imagination. The best is yet to come, Seedizens — the future is in full bloom! ✨

And keep your eyes peeled... Airdrop Rules are on the way! 💸

🚨 Binance Sounds the Alarm on Clipper Malware Targeting Crypto! Stay Vigilant!

📈 Clipper Malware Surges: Your Wallets at Risk!
Binance, the leading global crypto exchange, has raised a red flag on the rise of Clipper malware. This sneaky digital menace lurks in the shadows, tampering with your wallet addresses and siphoning off your hard-earned digital treasure. It's time to be on high alert!

📱 Unofficial Apps & Plugins: A Gateway for Trouble
The malware's favorite hunting grounds are unofficial apps and plugins, especially on Android and the web. But don't let your guard down if you're an iOS user – they're keeping an eye on you too! Be cautious when downloading software from unofficial sources, as these cyber-crooks often exploit language barriers and restrictions.

🔒 Binance Fights Back: Safeguarding Your Assets
In the battle against this digital menace, Binance has deployed its defenses. They've blacklisted suspicious addresses and thwarted countless attempts to pilfer funds. But they can't do it alone – users must play their part too!

✅ Triple-Check, Stay Secure: Your Shield Against Scammers
To keep those ill-intentioned attackers at bay, Binance advises users to follow a three-step mantra: verify app authenticity, double- or even triple-check withdrawal addresses, and stay up-to-date with security advisories. Remember, a little caution goes a long way in the world of crypto!

So gear up, fellow crypto enthusiasts! With Binance's watchful eye and your own cyber-savviness, we can beat back the malware monsters and keep our digital fortunes safe from harm.

🔔 SEC Slaps Prager Metis with $1.95M Fine for FTX Audit Blunders

💼 In a major blow to Prager Metis CPAs, the SEC has hammered the accounting firm with a hefty $1.95 million penalty. The charges? Negligence and a blatant disregard for auditor independence while auditing popular crypto exchange FTX.

📉 Between February 2021 and April 2022, Prager Metis allegedly dropped the ball on auditing standards, issuing not one but two reports that falsely claimed compliance with Generally Accepted Auditing Standards (GAAS). The SEC alleges that they failed to properly assess risks, with a glaring oversight being their failure to address the cozy relationship between FTX and Alameda Research LLC.

🔍 "Prager's audits of FTX were conducted without due care," warns Gurbir S. Grewal, the SEC's Enforcement Director, emphasizing the gravity of the situation.

🚫 But wait, there's more! This settlement isn't just about shoddy audits. Prager Metis also got caught up in another violation: breaking auditor independence rules by sneaking indemnification provisions into over 200 audits. The SEC isn't taking this lightly either, slapping them with additional penalties totaling $1 million.

🏛 Eric I. Bustillo, Director of the SEC's Miami Regional Office, doesn't mince words when he stresses the importance of auditor independence: "It's a cornerstone of our financial markets' integrity."

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🚀 Don't Miss Out on the $HMSTR Trade & Earn Campaign! Grab Your Share of 80 Million Tokens!

🤝 Looking to boost your $HMSTR token stash? Look no further! OKX is here with an incredible opportunity for all crypto enthusiasts. Get ready to participate in one of the biggest airdrops ever!

📢 It's a race against time, folks! This campaign works on a first-come, first-served basis. So, mark your calendars and set those reminders because you won't want to be left behind.

🔐 To get in on the action, follow these simple steps:

- Sign up for an account on OKX.
- Join the exciting Trade & Earn campaign.
- Deposit at least 100 USDT into your account.
- Once the token hits the market on September 26, trade a minimum of 100 USDT worth of $HMSTR pairs.

🌐 Ready to take the plunge? Head over to OKX's campaign page and secure your spot in this thrilling opportunity. Remember, time is of the essence – act fast and reap the rewards!

🚀 Cathedra Bitcoin: A Bold Move in the Bitcoin Space!

🔄 Cathedra (TSX-V: CBIT; OTC: CBTTF) is taking a page out of Microstrategy's book, shifting gears from mining to bitcoin acquisition and digital infrastructure development. And they're not stopping there!

💼 With their latest move, Cathedra is offering a non-brokered LIFE (Listed Issuer Financing Exemption) offering, aiming to raise funds for expansion. Priced at an attractive C$0.10 per unit, this offering includes a whopping 25 million units up for grabs.

📈 Each unit is a package deal, bundling a subordinate voting share and a share purchase warrant. These warrants come with a five-year expiration period and exercise prices ranging from C$0.12 to C$0.20.

💰 The company isn't afraid to dream big either, reserving the right to expand the offering by an additional C$2.5 million under the same terms. Talk about aiming high!

🏗 The proceeds from this exciting venture will fuel Cathedra's infrastructure growth, bolster their bitcoin reserves, and support general company activities. It's all about building a solid foundation for success.

⏳ Mark your calendars! The offering is expected to wrap up around Oct. 9, 2024, pending regulatory approval. But that's not all – Cathedra might even reward those who bring in new subscribers with a commission. Incentives all around!

🔋 With the recent challenges faced by bitcoin miners post-halving, it's no surprise that companies like Cathedra are exploring new avenues for growth. Private sales and a focus on AI-driven data services are giving them the boost they need in this ever-evolving industry.

🌍 BRICS Pursues Financial Independence with Alternative Payment Systems

📈 Reducing Reliance on Traditional Platforms: A BRICS Priority

In a move towards financial autonomy, the upcoming BRICS summit in Kazan is set to explore alternative payment systems. This comes after Brazilian President Luiz Inacio Lula da Silva's proposal during the August 2023 summit, and now, Russian Foreign Minister Sergey Lavrov confirms that a comprehensive report will be presented.

🗓 A Summit with Purpose: Putin's Call for Change

With Russian President Vladimir Putin at the helm, the summit has a clear agenda – to discuss and develop these alternative platforms. Lavrov emphasizes that it is the finance ministers and central banks of the BRICS nations who are tasked with preparing this crucial report.

💱 National Currencies Take Center Stage

Russia has already taken strides towards reducing reliance on the dollar, as Lavrov proudly shares. With China, over 90% of trade is conducted in national currencies, while with India, it reaches an impressive 60%. This shift signifies a growing trend of dedollarization.

🌐 The End of an Era: America's Economic Influence Wanes

Lavrov points out that this move away from the dollar is not just about financial diversification but also a response to America's economic policies. The era of U.S. dollar dominance is slowly but surely coming to an end, as more countries seek alternatives to avoid being subject to economic pressure.

As BRICS nations unite to explore new financial horizons, it becomes evident that the pursuit of financial independence is no longer just a dream but a tangible goal on the horizon.

🔥 SEED BURN ALERT 🔥

Attention Seedizens,

Your SEED is at risk, and there won’t be any second chances!

🗓 On September 27th, we'll burn SEED from inactive accounts. If you haven’t logged in for over 30 days, your coins will be gone — permanently.

📌 This is a final notice. Only active Seedizens will keep their SEED. Log in immediately and remind your friends, too.

The endgame is near. Don’t lose what’s already yours! 🤗

Secure Your SEED 😱

🦈 Mark Cuban: Kamala Harris Opposes 'Regulation Through Litigation'

🚫 No Lawsuits as Regulation, Harris Team Tells Cuban

In the ongoing debate over SEC regulation, 🌟 billionaire investor Mark Cuban has made his voice heard. Taking to social media platform X, the Shark Tank star addressed comments made by Congressman Ritchie Torres and shared an intriguing conversation he had with Vice President Kamala Harris' team.

🗣 Harris Team's Clear Message: No to 'Regulation Through Litigation'

Cuban revealed that the Harris team left no room for doubt, expressing their opposition to the controversial practice of regulating through litigation. This response comes in the wake of Rep. Torres challenging SEC Chair Gary Gensler's classification of NFTs and collectibles as securities.

🎟 Torres Draws Parallels, Gensler Feels the Heat

Drawing a parallel between NFTs and Yankee tickets, Torres questioned Gensler's stance on these digital assets. Meanwhile, Cuban didn't hold back in his criticism of Gensler, calling him a "blight on the technology community" and suggesting that his regulatory approach has caused friction with innovators.

💥 Cuban's Concerns Echo Wider Frustrations

Cuban's concerns about Gensler's policies resonate with those who feel that the SEC's regulations are stifling technological growth and economic potential. As the debate rages on, it remains to be seen how these differing views will shape the future of regulation in the crypto space.

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🔒 Bedrock Bolsters Security Post-$2 Million Hack, Partners With Chainlink

💥 Security Breach: $2 Million Loss

Bedrock, the trusted liquidity staking platform, faced a setback on Sept. 27 as it confirmed a security incident resulting in a loss of around $2 million. The exploit targeted the uniBTC smart contract, allowing hackers to mint and swap 30.8 uniBTC for WBTC on Uniswap.

🚫 Limited Impact, Swift Response

Fortunately, the vulnerability was contained within the uniBTC contract, leaving assets like uniETH and uniIOTX unharmed. Bedrock swiftly took action to safeguard its users' investments.

🔗 Chainlink Partnership for Transparency

In a bid to enhance transparency and restore trust, Bedrock has partnered with Chainlink, a decentralized oracle network. By integrating Chainlink's reliable oracles, Bedrock aims to provide proof of reserves and assure its community that uniBTC is fully backed.

🔄 Redemption Guarantee and User Support

To instill confidence in its platform, Bedrock has made it clear that every unit of uniBTC can be redeemed for an equivalent amount of BTC at a 1:1 ratio. Additionally, plans are underway to enable easy asset withdrawal through an unstaking feature.

🛡 Fortifying Defenses for the Future

Learning from this incident, Bedrock is taking proactive measures by conducting thorough smart contract audits and implementing real-time security monitoring. It is also considering the establishment of a security fund and bug bounty program to incentivize ethical hackers.