Crypto. The most expanding world in the moment with the major possibility of revenue.
Do you feel overwhelmed? Scared? Not knowing where to find trustworthy news, updates and so on. Don’t worry, it happened to me too. At first when I found one interesting article or news, I was checking numerous different websites to see if it’s reliable and accurate. Hours spent looking for the latest updates and wasting major of the time digging in false news or not verified information…
I had the feeling I was walking in a labyrinth trying to find the exit but most of the time I hit a dead end!
Where I can find Best Crypto News website and blogs to follow?
One day I was surfing on quora.com and I was reading the questions:
“What will happen to ERC20 tokens during the Ethereum hardfork?”,
“What are good Defi platforms to stake matic, Ethereum, BTC, CRO, ADA, and others?”,
“Where can I get a GetFit NFT invite code?”
Or “Does the Terra Luna 2.0 airdrop have a time-limited claim window?”
See… Like, what on Earth is it?
After the first shock I started to scroll down and a nice person replied to the question. I found the lighthouse in the storm!
“What will happen to ERC20 tokens during the Ethereum hardfork?”
The Merge may result in one of two outcomes: either a hard fork event, which is when a blockchain splits into two separate paths, or no splitting at all. The holdings of ETH tokens will be impacted by both situations.
In the second scenario, there will be two distinct chains: the PoS beacon chain and the proof-of-work Execution layer if some miners continue to mine on the execution layer.
Users will receive a 1:1 distribution of the ETH Proof-of-Work following the hard fork event, according to Minal Thukral, executive VP of growth and strategy at CoinDCX. Most exchanges have halted trading in ETH and ERC-20 tokens in advance of the Bellatrix update and will support the Ethereum token in the event of a hard fork event. According to Vikram Subburaj, CEO of Giottus Crypto Platform, “all coins will be immediately transferred to the new blockchain while any new forked coins would be given to the investor.”
“If a new fork occurs, we will give the users the token that results. Community consensus and the actions of big exchanges like Binance would serve as the basis for trading support for that coin, and we’ll follow that, “said Bitbns exchange CEO Gaurav Dahake. The investor will have two options for ETH investments in the case of the Hard Fork event. If we decide to list the other ETH after putting it through our 7M listing mechanism, new investors will have the chance to purchase it, Minal continued.
Mind blowing, isn’t it?
“Will GPU prices fall once Ethereum goes to proof-of-stake?
YES, GPUs, which are used for mining ethereum, are becoming less expensive as the network gets ready to convert from a proof-of-work (PoW) model to a proof-of-stake (PoS) one, which would make these computer components essentially useless for ethereum miners. According to calculations made by CoinDesk using information from Tom’s Hardware, the asking price for popular GPU models on eBay has decreased by 37% since May 2021, when Chinese authorities renewed their crackdown on crypto mining in the nation. But since Ethereum developers have been testing the PoS approach and the price of the second-largest cryptocurrency has fallen, the price decline has intensified this year.”
See, as I told you before, the light in the storm! I reached out to the guy and he told me he’s passionate about crypto, owning a blog website about news in crypto, trends, NFT’s and so on.
cryptonewsmart.com was the solution to my research!
Types of contents offered By the best Crypto News Website
From cryptocurrencies to Metaverse, we got you covered. You can also find interviews and interesting articles that will make you better understand the complicated world of cryptocurrencies. What sets cryptonewsmart.com apart from other crypto news websites is its team of experienced writers and industry insiders. We provide in-depth articles that give readers an insider’s view of the cryptocurrency world in an easy way to understand.
Moreover in the site you’ll find information for beginners too. For example how to open your own wallet, how to mine and so on! All the latest flash news filtered and written in an easy to learn way and the best part is you don’t need to doubt the news.
All the news are verified before posting, all done to make your comfort!
Our mission is to give to you the most valuable information and services (like for example free weekly newsletter each Sunday with the recap of the week).
We are at your services, just reach out in Quora, or send us an email if you have questions or if you want us to write articles about something you are interested in.
If you are passionate about cryptocurrencies or if you are just a beginner in this world, cryptonewsmart.com is the best place to find all the information you need!
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