1/22/2024 0 Comments Look ethereum charles hoskinson![]() ![]() ![]() Getting a referral link is quick and seamless. Referral Program : Anyone can automatically generate a referral link directly from the FlokiFi website and earn 25% of fees from token and LP locks that happen through their referral links.Below is a list of said features, as shared with BSC News: In addition to bringing Base and opBNB into FlokiFi’s arsenal, the update opens up a host of additional features to the FlokiFi platform and community. This brings the total supported networks to 14, with 12 other ecosystems, including Ethereum, BNB Chain, Arbitrum, Optimism, and Polygon, already integrated with the platform. Hoskinson also stressed the potential of blockchain technology in situations where a consortium of actors must work together but does not necessarily trust each other.Ī release shared with BSC News ahead of time confirms the completion of a major upgrade to FlokiFi Locker - a cryptocurrency locking platform, backed by the well-known Floki brand.Īs a result of the update, FlokiFi will now support assets hosted on two additional up-and-coming blockchain networks - Base, and opBNB. ![]() Hoskinson explained that Ethereum was developed to address the limitations of Bitcoin by introducing smart contracts and programmable currencies In addition to addressing the banking system, the Ethereum co-founder also discussed Bitcoin's main problem: its limited functionality. However, in a $10.6 billion deal, JPMorgan stepped in to buy selected First Republic assets. In terms of the size of its collapse, it ranks second in the history of the United States banking system. Worth noting, the recent collapse of First Republic Bank has reignited concerns about the sustainability of the banking model after the demise of Signature Bank, Silicon Valley Bank, and Silvergate. According to him, the US had $373 million in assets tied up compared to over $500 billion in crypto assets. Furthermore, he cited macroeconomic turmoil and political factors as contributing factors to the current red market. In his remarks, Hoskinson noted that US crypto regulations lag behind those in Europe and Asia. When it comes to banking regulations, Hoskinson said they have seen a rerun of the 2008 situation. Despite last year's challenges, crypto is "holding steady and stable," according to Hoskinson. They also point to the top cryptocurrency’s unparalleled level of decentralization and security, as well as its monetary policy and limited supply cap of 21 million coins.The Ethereum co-founder, Charles Hoskinson, spoke on Fox Business on May 3 about the current banking crisis and its impact on cryptocurrency. It’s a much more complex game.”īitcoin proponents argue the pace of its technical progress protects BTC from outside influence and supported its rise from humble beginnings to a brand name on a global scale. But obviously we’re here, and a lot of other people are here, so there’s different things going on. And so that means if you look at the trajectory of things, if I had to bet just those two systems, Bitcoin or Ethereum, I would say nine times out of 10 Ethereum is going to win the fight against Bitcoin, if it was the only competitor. They love upgrading – sometimes a little too much. “ getting to a point where it has a similar network effect to Bitcoin, but the community there is completely different in culture. The IOHK chief says that, Ethereum, Cardano’s primary competitor, doesn’t suffer from that same stagnancy. He points to Bitcoin’s slow and methodical development process as a hindrance. Hoskinson says there are fundamental improvements that would make Bitcoin a “competitive” system, in his view. The only reason it’s still around is because there was so much invested in keeping it around that we just kind of have to leave it there and, ‘one day COBOL will die.'” “The problem with Bitcoin is it is so slow, it’s like the mainframe programming of the past. ![]()
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