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Showing posts with the label green crypto

Jack Dorsey’s Bluesky Social is now officially in beta, and will launch soon

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Join Our Telegram channel to stay up to date on breaking news coverage Jack Dorsey, the co-founder of Twitter and its former CEO, finally unveiled the social protocol and a new Bluesky Social app, which is his answer to Twitter’s centralization. The answer to the problem of social media centralization comes in the form of the new social protocol that he has been working on since December 2019. Now, nearly three years later, he announced on October 18th that the protocol is ready to enter beta, and that it will soon be ready to launch. How does the new social protocol work? Dorsey’s idea behind the new protocol comes from the belief that social media users do not have enough control over their own data. The data is locked within the platforms, and it cannot be moved and transferred between different platforms without permission. Dorsey aims to change that with the new protocol, which he originally called ADX, but has later renamed to Authenticated Transfer Protocol. ...

Foresight into the Future of Cardano’s Value: How Low Can ADA Go?

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Join Our Telegram channel to stay up to date on breaking news coverage Since achieving its ATH in September 2021, Cardano has been on a consistent downward trend. Many investors mistakenly feel that the price of cryptocurrencies has reached a bottom when, in fact, they often continue to fall. How low might the price of Cardano go if it tried? The Future of Cardano and Its Price The end of 2020 was a great time to buy Cardano (ADA) for investors since ADA began 2021 with a massive bull run. This price increase to $3.09 is almost 2,000% for proof of stake cryptocurrency. In the following months, prices fell precipitously along with the rest of the world markets, with ADA losing 87% of its value. Finally, in March 2022, the coin looked to have broken out of a downward trend, suggesting a possible turnaround. However, ADA maintained its downward trajectory, making the March 2022 rally a false signal. Currently, the $0.39 price level is providing excellent support for Cardano. A...