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AMA Session summary details
ElonXCat AMA Session
Listen it guys.
#AMAsession
Crypto Influencer
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[Replay] 🎙️ Crypto Influencer will hold Binance space AMA session with ElonXCat
24 m 49 s · 85 listens
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What is Loopring (LRC)? Loopring is a Layer 2 scaling software that runs on the Ethereum network, designed to facilitate the creation of large-scale decentralized exchanges (DEXs). Loopring aims to provide DEXs with the scalability necessary to operate on the same scale as centralized exchanges (CEXs). The Loopring ecosystem bundles together and processes trade transactions off-chain through a process called zero-knowledge roll-ups, or ZK-Rollups, minimizing the number of transactions that must be committed to the Ethereum blockchain. Loopring is an open-source project with a unique order-matching design that aims to accelerate DEX trades. Rather than matching traders with a counter-party through an order book, Loopring matches multiple parties within an order ‘ring’ of up to 16 orders. #LRC $LRC
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What is a Gravity Token? Gravity is positioned as a layer 1 blockchain for mass adoption and full-chain abstraction. According to the whitepaper, it builds a more efficient, scalable, and secure mechanism for managing complex cross-chain interactions with the least possible friction using advanced technologies like Zero-Knowledge Proofs and a Proof-of-Stake architecture. Gravity acts as an omnichain settlement layer that enables high-performance and fast-finality cross-chain transactions by abstracting away the technical details to provide a seamless experience to users. Empowered with Zero-Knowledge Proofs to achieve both efficiency and security in transactions, it combines the Reth execution layer with the Jolteon consensus algorithm for high throughput. Gravity empowers seamless cross-chain interactions, cost-efficient verification, and a robust Proof-of-Stake mechanism in a market already developing full-chain abstractions and omnichain capabilities. It is also compatible with the Ethereum Virtual Machine. #Gravity $G
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Measurable Data Token - A blockchain based utility token Measurable Data Token (MDT) is a blockchain-based utility token developed to support a decentralized data exchange ecosystem. It facilitates the interaction between users, data providers, and data buyers by allowing the secure sharing and monetization of anonymized data. The ecosystem aims to restructure how data is exchanged by enabling participants to contribute and access data in a transparent and permission-based environment. The MDT project is built on the Ethereum blockchain and operates as an ERC-20 token. It incorporates smart contract functionality to automate data transactions and ensure fair compensation for contributors. The ecosystem includes products like RewardMe and Measurable AI, each serving different stakeholders. RewardMe is a consumer-facing application where users voluntarily contribute anonymized data and, in return, receive token-based rewards. This incentivized model encourages data sharing while maintaining user privacy. Measurable AI focuses on providing businesses with consumer insights derived from aggregated data collected through RewardMe and similar channels. These insights help companies make informed decisions based on real-world behavioral trends and purchasing patterns. #MDT $MDT
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Voxies (VOXEL) is going to be delisted from Binance? Yes, You heard right. Voxies is the digital currency associated with Voxel Tactics, a first-of-its-kind Free-to-play (F2P) tactical RPG (Role-Playing Game). The metaverse-based development was built and launched on the Polygon network (MATIC) and is therefore inherently interoperable with the Ethereum network (ETH). The platform promotes itself as having a dynamic gaming environment allowing users to engage their friends and other platform users in Player-versus-player (PVP) challenges for a chance to win contests and awards. The web 3.0 environment hosts these challenges in its ‘PVP Arena’. The VoxelVerse refers to the all-inclusive metaverse environment of the Voxel Tactics game in which players explore and engage in building, buying and selling NFT assets. Virtual land and other digital assets are made available to network users in the form of non-fungible tokens which can be bought, sold or traded in a peer-to-peer scenario on the decentralized platform. #VOXEL $VOXEL
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What is WinkLink (WIN)? WINkLink is a decentralized oracle network operating on the TRON blockchain. It connects smart contracts to external data sources, providing services such as price oracles and Verifiable Random Function (VRF) solutions. These services are used in decentralized finance (DeFi), gaming, and other applications requiring real-time data and randomness. The price oracle system delivers pricing data for DeFi applications like lending and derivatives, while the VRF solution provides random numbers for applications that require fairness, such as lotteries and gaming. WINkLink also supports the integration of off-chain data, allowing smart contracts to access real-world events and information. WINkLink leverages decentralized oracles composed of independent nodes that fetch, verify, and relay real-world data to the blockchain, eliminating single points of failure and reducing data manipulation risks. Its seamless integration with TRON-based smart contracts ensures secure and tamper-proof access to real-time external data. #win $WIN
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