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DiveInDefi
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Crypto, economics, TA & shitposting.

All my personal thoughts. I am not a financial advisor and all my posts are no financial advice! Do not take my words for your
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Forwarded from Market News Feed
$NVDA $META $MSFT $AMZN ACCOUNTED FOR MORE THAN 90% OF THE MARKET CAP GAINS IN THE NASDAQ 100 THIS YEAR. ...
Market News Feed
$NVDA $META $MSFT $AMZN ACCOUNTED FOR MORE THAN 90% OF THE MARKET CAP GAINS IN THE NASDAQ 100 THIS YEAR. ...
There are only 2 ways going forward:
1. they will stop mooning eventually and the gains will flow into smaller stock caps, creating a bullrun similar to crypto: btc moon, alts follow
2. money doesn‘t flow into smaller stock caps. They stop mooning eventually and the market crashes.
No official communication or update yet (we are working on that), but if you login to testnet you can see there are a lot of changes 🙂
Now that is very present and live on testnet I can talk about it. 🙌



Introducing Chain Games 2.0 👀



We are very happy to announce that over the last 9 months+ we have built our own app specific blockchain based on Polygon Supernets technology.



With the launch of the Chain Games 2.0 network, we introduce the Chain Games AppChain Supernet Blockchain powered by Polygon Layer 2 unified blockspace.

The Chain Games Supernet AppChain allows for a completely customizable blockspace and blockchain experience

-Customized Transaction Costs
-Customized Data Storage
-Customized Traffic Flows

This fully EVM (Ethereum Virtual Machine) compatible app-chain allows for 100% compatibility and seamless integration with our existing code on the Polygon PoS and Ethereum blockchains.

With a dedicated app-chain and blockspace, we are now guaranteed a high-throughput and positive user experience not impacted by extraneous activities, high gas fees, and network congestion associated with other shared blockchains. This pivot will provide better performance, cheaper gas costs, as well as faster block times and confirmations with dedicated throughput. With the launch of the Chain Games 2.0 network, we introduce the Chain Games AppChain Supernet Blockchain powered by Polygon Layer 2 unified blockspace.



Native CHAIN Gas Token

Along with this completely customizable app-chain, comes the ability to use the CHAIN token as the native gas token on the network. This provides a predictable and customizable fee structure fully supported via the CHAIN token.

By enabling the CHAIN token as the native gas implementation on the Chain Games Supernet AppChain, we not only add additional functionality and utility to the token, but also now have the ability to reward validator nodes and users who choose to delegate their tokens to secure and protect the network.

In addition EIP-1559 has been enabled to effectively BURN CHAIN tokens during every transaction, much like what occurs on Ethereum, Polygon and other compatible EVM blockchains.




A New Staking Model

Anyone can use CHAIN tokens to help secure, protect, and validate the Chain Games AppChain, while earning rewards for doing so



Earn Rewards

Any transactions processed on the Chain Games App-Chain must use the CHAIN token as the native gas token. These gas fees will be split accordingly amongst all validator nodes and delegators in a weighted format.

Any entry fees taking place for games, tournaments and other events will also use the CHAIN token as the medium of exchange and entry. Gaming, tournament and other event fees will also be split accordingly amongst all validator nodes and delegators in a weighted format.

As a validator node, you can set your own commission structure for accepting delegations to your node.



ESG Friendly - Stake Sustainably

The Chain Games App-Chain operates a Proof-of-Stake and Delegated Proof-of-Stake consensus mechanism. This makes the Chain Games staking system ESG friendly, enabling anyone to set up a validator node without using energy-intensive computers, unlike the case with energy-intensive blockchains such as Bitcoin that utilize Proof-of-Work consensus mechanisms.

Each validator node on the Chain Games App-Chain consumes only 546.07 kWh per year.



Grow the Web3 Gaming Ecosystem

Chain Games Supernet App-Chain allows for any developer or gaming studio, whether indie or AAA to enable blockchain functionality within their gaming noscripts. This includes Web3 wallet connectivity, in-game NFTs, and games-of-skill competitions and tournaments.

By staking, you can help facilitate and grow the Web3 gaming ecosystem.



How Staking Works

The Chain Games AppChain operates using the Proof-of-Stake and Delegated Proof-of-Stake consensus mechanisms.The system is permissionless, allowing anyone to join and become a validator node, or a delegator.



Become a Validator
Chaingames update 4 days ago, only in TG channel
One general statement:
Many people are mostly/only bullish on new shiny coins. For sure those usually perform well.

I am equally interested in those coins that had their first bull market, survived it, kept building and are at their lows. If they actually deliver something this bull market, they can get the price pumped beyond just hype expectations of what could be possible in 5y+.

This is why I like coins like Chain, UOS as moonbags, but also the ones that clearly have established like $Link, $Uni, $Matic. Because those ones almost garuanteed win when BTC wins. And I always believe BTC will win.
From Feb 11th
Forwarded from K
We also need a few bear statements from Cramer to hit new highs
From today:
Forwarded from CryptoCapo TG
BTC pumped against supply, with decreasing OI, increasing funding, and with no news. Altcoins didn't move at all.

The pump makes no sense other than a bull trap.
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When the last Capo is liquidated and the shorts cant squeeze anymore because they are all broke. This is the time we top.
Forwarded from Alpha
> chapter 2
Adam "WILL NOT DM FIRST" Barlam
Now that is very present and live on testnet I can talk about it. 🙌 Introducing Chain Games 2.0 👀 We are very happy to announce that over the last 9 months+ we have built our own app specific blockchain based on Polygon Supernets technology. With…
TL;DR: Polygon has already announced sidechains. Sidechains on polygon making the gas fees giga low as they are basically L2s of Polygon, which is already super cheap. This is the reason why I am bullish on Polygon, altough I only have a smaller bag since I missed it back then when It was trading at 0.03 and I opted for a competitor that eventually rugged 💩

Either way, Polygon is bullish. Chain building on their L2 is also super bullish. If there is a dip I might double on my small moonbag here.

by the way, they have live games up and running.
I am happy as everyone should be right now.
However, be careful. Hitting 0.786 here. We are still in my "bear case box" which ranges to 60-62k ish. If we break above this, I am more and more bullish.

Either way: Alts are still undervalued and today might mark the last day you can buy some alts still super cheap. Imagine, BTC is close to ATH and some alts are barely 2x from their atl which often is still -90%....
One guy is holding the price down of $CHAIN. He has 700k left in his wallet. So there should be a little more time to buy.
Some new airdrop quest on Layer 3. Good for farming theLinea Airdrop. Goes for several weeks. I recommend you to do this on one of your airdrop wallets: https://layer3.xyz/linea-park/?ref=0x82d4391Fc7E9Cd6A2C3650FA70d248323f767f57
DiveInDefi pinned «Some new airdrop quest on Layer 3. Good for farming theLinea Airdrop. Goes for several weeks. I recommend you to do this on one of your airdrop wallets: https://layer3.xyz/linea-park/?ref=0x82d4391Fc7E9Cd6A2C3650FA70d248323f767f57»