Fantom adopts use of burn fees to fund ecosystem projects

Fantom will use 10% of the burn fee to support various projects within its…

The post Fantom adopts use of burn fees to fund ecosystem projects appeared first on CoinJournal.

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Fantom to Fund Ecosystem Projects Using Portion of Burn Fees

A governance vote saw an overwhelming number of community members decide on using a third of Fantom’s burn fees to fund new projects. дальше »

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Ethereum (ETH) Transaction Fee Increase Accelerates Gas Fee Burn Rate

The latest surge in Ethereum gas fees has significantly increased the rate of excess fee burn on the network, briefly making ether (ETH) a deflationary asset. At the time of writing more than 26k ETH has been burned. дальше »

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Ethereum Continues To Maintain Momentum As Total ETH Burned Nears $100 Million

Ethereum’s new fee burn mechanism is almost at its one-week mark. Burn rate has now grown to a rate of 3. 88 ETH in the past 24 hours. So far, over 27,000 ETH has been burned from fees. Taking over $87 million out of circulation. дальше »

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Bancor (BNT) Unveils $vBNT Burner to Boost User’s Lending Power

Bancor (BNT) has announced the introduction of the Bancor Vortex ($vBNT) burn program, which is designed to use five percent of swap fees on the protocol to purchase and burn the vBNT token. This way Bancor’s total value locked (TVL) will continue to rise over time, as swap volume increases, according to a blog postRead More дальше »

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Cryptos and NFTs Take Their Foot off the Gas – How Using POS Chains Can Save Huge Amounts of Energy

Cryptos are rarely out of the news these days, but no more so than Ethereum, which is burning up the news headlines, as quickly as it can burn up the gas (mostly for NFTs, which are having a moment, and for its exorbitant transaction fees), and then, of course, there’s the king of crypto, Bitcoin […] дальше »

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Burn Ethereum Fees: EIP1559 Accepted into the London Hard Fork, Coming This July

“Always” burning or destroying the base fee will cement the economic value of ETH within the Ethereum platform and create a positive feedback loop for Ether price. The post Burn Ethereum Fees: EIP1559 Accepted into the London Hard Fork, Coming This July first appeared on BitcoinExchangeGuide. дальше »

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Gas fee proposal could create ‘positive feedback loop’ for ETH price: Grayscale

Grayscale believes EIP-1559, a proposal to burn Ethereum gas fees, could be extremely bullish for Ether’s price.

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Binance Undergoes Largest BNB Token Burn to Date, $165 Million

Every quarter, Binance buys back a portion of BNB depending on the number of fees generated. It essentially redistributes those fees back to token holders and takes BNB off the market forever. With bitcoin breaking all-time highs and ethereum just touching it’s all time high, interest in the cryptocurrency space is growing. дальше »

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Ethereum Efficiency Proposal Could Make Token Holders Richer

A proposal to burn a portion of fees paid to miners, authored by Vitalik Buterin and Eric Connor, has gained considerable traction in the Ethereum community. The improved efficiency may...The post Ethereum Efficiency Proposal Could Make Token Holders Richer appeared first on Cryptocurrency News. дальше »

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Bitfinex Releases White Paper for LEO Token Sale

Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO). дальше »

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A Bug Making Ethereum Transactions on Exchanges Vulnerable Has Been Fixed

A bug centering around a new Ethereum token, GasToken, which was enabling abuse on cryptocurrency exchanges, appears to have been resolved. The details are provided in a report originally published on November 13, 2018, that discussed how the bug was exploited by attackers, and what digital platforms could do if they wished to protect their hot wallet funds. дальше »

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AWAX ICO

The world needs a new financial system Today's global financial system was not designed to move trillions of dollars for billions of people every day. As a result, consumers and business experience slow transactions, fees and poor compatibility between currencies. дальше »

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Battle of the Privacycoins: Zcash Is Groundbreaking (If You Trust It)

Based on blockchain technology, most cryptocurrencies have an open and public ledger of transactions. While this is required for these system to work, it comes with a significant downside: privacy is often quite limited. дальше »

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Devs disclose critical XMR-burning bug in Monero wallets

Monero developers have disclosed a major bug that could really have been nasty. Until now, attackers could have drained Monero from exchanges (or any organizational wallet), all for the cost of a few transaction fees. дальше »

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On Medium-of-Exchange Token Valuations

One kind of token model that has become popular among many recent token sale projects is the “network medium of exchange token”. The general pitch for this kind of token goes as follows. We, the developers, build a network, and this network allows you to do new cool stuff. дальше »

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Binance Completes Quarterly Token Burn, Opens New Community Coin Round

In a year since its launch, Binance market half a billion in net earnings from trading fees.

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Centralized Exchanges Should “Burn in Hell,” Says Vitalik Buterin

Vitalik Buterin reveals that he isn't happy with the way centralized exchanges operate, scolding them for their exorbitant listing fees.

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On Radical Markets

Recently I had the fortune to have received an advance copy of Eric Posner and Glen Weyl’s new book, Radical Markets, which could be best described as an interesting new way of looking at the subject that is sometimes called “political economy” - tackling the big questions of how markets and politics and society intersect. дальше »

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