Major Upgrade: EOS Network to Undergo New Consensus Mechanism Transformation

Apart from the UNI coin decision, the inflation rate will decrease in EOS Coin The CEO of EOS, one of the cryptocurrency projects, announced that the coin's inflation rate will decrease. According to the statement, the maximum supply of the coin will be limited to 2 billion and the new coins will be released over time. In this way, inactive users on the network will be diluted, while active users will be rewarded. According to data from TradingView, EOS price is up 1.5% on a daily basis; On a weekly basis, it rose 6%. #HotTopicDiscussion

It is recommended that you collect 👍 the sorting of the major tracks of the Bull Market: DEFI FINANCIAL SECTOR: Three major lending infrastructures: Aave (Decentralization Lending Protocol), Mkr (Ethereum-based DAO and Smart Contract System), Comp (financial protocol based on Ethereum); DEX DEX: uni; (The second and third are cake and sushi); Oracle Machine: link Aggregator: YFI (second look at 1inch); Dao: Ants (PS: DeFi is a big financial sector, the most important thing is infrastructure) Second, the Non-fungible Token sector critical infrastructure; Public chain: Layer1~ Flow Layer2~ARB、OP ; Sidechain: matic (horseshoe) Application Concept: See first: Theat (video streaming), enj (online gaming), chz (sports esports), mana (virtual reality); SAND (Virtual Game), AXS (Digital Pets), rari (digital collection and trading), rndr (3D rendering); paint (Non-fungible Token production platform). (PS: There is no breakdown of the application concept here, only the most important ones are listed) Third, the concept of Web 3.0 1. Underlying Blockchain: dot; 2. Data storage and transmission: FIL; 3. Communication and computing: eth, ankr, pha; 4. Distributed network: NKN; (Distributed Network Acceleration CDN: Private Dedicated Network VPN; Internet of Things (IoT) 5. Decentralization application: Search grt, advertising bat, data exchange protocol ocean, database band, Computing Power leasing gnt; 6. Decentralization identity index: LIT Fourth, Decentralization Storage Sector: 1. Contract-based storage: fil; 2. Based on permanent storage: AR; 3. Transportation and storage platform: SC; 4. Based on Web3.0 storage: CRU; Fifth, the ETH2.0 sector 1. Decentralized Mining Pool: RPL, LDO 2. Decentralized storage: swarm Sixth, other related 1. Social communication: steem; 2. Payment: XLM; 3. Cottage: DOGE, LTC; 4. Asset trading: XRP; 5. Public chain series: ada, vet (domestic), trx (domestic), neo (domestic), eos (except Big Pie and ETH); 6. Anonymous: zec, zen, dash; 7. Crypto Wallet: cro; 8. Internet of Things: Itoa, IoTX: 9. Sports Competition: CHZ10, Advertising Entertainment: BAT 11. Game concept: enj, mana 12. Laver2 and platform token: matic stake bnb okb ht

On Friday, EOS traded down 14.38% at $0.8090. That's the biggest one-day fall since April 13. With this move, the EOS market capitalization was $903.2752M, or 0.04% of the total cryptocurrency market capitalization. The highest market capitalization of the EOS coin was set at $17.5290B. EOS has traded between $0.8001 and $0.8425 in the past 24 hours EOS is up 8.61% over the past seven days, with a 24-hour trading volume of $464.8529M or 0.57% of the total volume. EOS has traded between $0.7724 and $0.9596 over the past seven days. EOS price is 96.48% lower than $22.98 on April 29, 2018. Developments in the Crypto money markets Bitcoin gained 0.68% and traded at $64,513.1. Ethereum was down 0.19% at $3,152.63. Bitcoin market cap was $1,266.1910B or 53.62% of the total market cap, while the Ethereum market cap was $383.3149B or 16.23% of the total market cap. #ContentStar #HotTopicDiscussion

The BTC Halving, which everyone is eagerly waiting for, has started with the completion of block 840000. Let's see what effect BTC halving will have on the markets. Will it rise to the top, as everyone says, or will it go to the bottom, disappointing everyone. In my opinion, BTC halving story, the important thing is the supply and demand balance in the market and the positive and negative economic news in the markets fall BTC. One day tomorrow, it will move a little, it will go up, everyone will be excited, but then there will be negative market and economic news, and this time it will go down even more. My dear friends, it is not halving or anything, examine the market well, research well, analyze well, make your trade accordingly so that you do not stay inside, do not make a loss. #ContentStar #Gate post Highlights #HotTopicDiscussion #BountyCreator #GateLive #NewsMessenger

The AltCoin market is active The AltCoin market is also positively influenced by the rise of BTC and Ethereum. Major AltCoins such as Cardano (ADA), Polkadot (DOT), and Solana (SOL) also experienced significant pump today. Cardano pumped 5%, approaching $0.35, while Polkadot pumped 4% to reach $6.5. Regulatory Dynamics The regulatory development in the Cryptocurrency market has also attracted attention. The U.S. Securities and Exchange Commission (SEC) is evaluating new applications for Cryptocurrency ETFs. This development is seen as a positive step towards wider adoption of Cryptocurrency. Conclusion In 2024, the Cryptocurrency market presents a vibrant and dynamic outlook. The strong performance of BTC and Ethereum has increased investors' confidence in these digital assets. The activity in the AltCoin market and positive regulatory developments are signaling a hopeful future for the Cryptocurrency ecosystem. Continue to follow the exciting developments in the Cryptocurrency world and manage your investments responsibly. #GateLive2024Top10Analysts #Gate.io GateFutures 🚀 #GateLive CryptoEducation #CryptoInsights CryptoTips #CryptoForecast CryptoTalk #CryptoCommunity CryptoInvesting #CryptoUpdates CryptoLive #CryptoMarket Bitcoingaranti