اسکوائر نے tbDEX وائٹ پیپر کی نقاب کشائی کی۔ ETH BTC کو بہتر بناتا ہے: مارکیٹس ریپ

TBD, a business created by Square this year, has released its whitepaper for the tbDEX protocol.

ETH has outperformed BTC since yesterday’s broader market sell-off. The crypto asset is showing strong similarities to bitcoin in 2017.

NFTs continue to show strength due to falling prices of the assets they are denominated in.

میکرو میں تازہ ترین:

• S&P 500: 4,697, -0.14%
• NASDAQ: 16,057، +0.40%
• سونا: 1,847 0.62 ، -XNUMX٪
• WTI خام تیل: $76.11، -3.67%
• 10-Year Treasury: 1.539%, -0.05%

کرپٹو میں تازہ ترین:

• BTC: $57,960، + 0.56%
• ETH: $4,273، + 6.19%
• ETH / BTC: 0.07، + 5.09%
• BTC.D: 42.74%, -2.28%

Square unveils tbDEX whitepaper

چوک ماتحت TBD اس کو جاری کیا tbDEX whitepaper جمعہ.

“We believe Bitcoin will be the native currency of the internet,” نے کہا Mike Brock, Square’s TBD lead. “While there are many projects to help make the internet more decentralized, our focus is solely on a sound global monetary system for all.”

The decentralized exchange (DEX) hopes to make digital assets and decentralized financial services more accessible by creating a ubiquity of on-ramps and off-ramps directly between the fiat and crypto financial systems without the need for centralized intermediaries and trust brokers.

“We are at a crossroads in our financial system,” the project’s whitepaper states. “The emergence of trustless, decentralized networks unlocks the potential for a future where commerce can happen without the permission, participation or benefit of financial intermediaries.”

Unlike other DEXs, tbDEX will not have its own token or utilize atomic swaps, but will instead rely on the public key infrastructure that is used for securing the internet today in conjunction with digital identifiers. The whitepaper clearly acknowledges that on- and off-ramps to fiat currencies will never be fully decentralized.

An overview of the protocol can be seen in the image below.

The protocol will be open-source and is still in its early stages of development.

ETH / BTC

ETH has outperformed BTC over the last 24 hours, according to TradingView, with the ETH-to-BTC price ratio rising from 0.070 to 0.074 – an increase of about 5.3%.

ETH today shows eerie similarities to BTC in 2017.

“I have been showing this spooky chart of ETH now vs BTC in 2017 in various forms,” Global Macro Investor Founder Raoul Pal لکھا ہے in a Tuesday Twitter post. “This is my live [crypto index] on Bloomberg … even nailed this sell off … to the day and price. What happened next? A 300% rally.

“Now, I don’t expect perfection, but with all the other analysis I have done, something like a 100% to 300% rally is highly probable into year end,” he added. “Nothing is a certain. After that, its a tougher call but I think it possibly elongates and sees significantly higher prices.”

“ETH is also attempting a similar flip,” a ڈیلفی ڈیجیٹل رپورٹ stated. “If price holds above the May 2021 closing peak, ETH will also look primed for trend continuation to the upside. If price support gives way, the hope for bulls would shift to a possible retest and bounce off the upper trend line established from the May 2021 top to the Sep. 2021 high.”

Ethereum has seen the فعال پتوں کی تعداد on the network continue to climb. The net issuance of ETH continues to fall towards zero, منفرد پتے بڑھ رہے ہیں ، پیمانے کے حل are seeing increased adoption and mainstream use cases continue to unfold, such as Sotheby’s denominating prices in ETH.

کے علاوہ میں، Ethereum انضمام بالکل کونے کے آس پاس ہے۔

غیر فنگبل ٹوکن (این ایف ٹی)

سے ٹریڈنگ ڈیٹا کھلا سمندر اور سولانالیسس۔ کچھ سرفہرست سولانا اور ایتھریم پروجیکٹس ذیل میں مل سکتے ہیں:

اگر آپ نے اسے یہاں تک پہنچایا ہے، تو پڑھنے کا شکریہ! میں پیر کو پکڑنے کا منتظر ہوں۔

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ہر شام اپنے ان باکس میں دن کی سرفہرست کرپٹو خبریں اور بصیرتیں حاصل کریں۔ بلاک ورکس کے مفت نیوز لیٹر کو سبسکرائب کریں۔ اب.

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Source: https://blockworks.co/square-unveils-tbdex-whitepaper-eth-outperforms-btc-markets-wrap/