\n
\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Dogecoin co-founder Billy Markus commented that \"the infrastructure of the web has improved enough in 8 years to experiment with speeding it up\", but Elon Musk believes <\/a>that \"block size & time should keep pace with the rest of the Internet\". Suggesting that it may be time to test speeding up the block confirmation times but not going overboard with it.<\/p>\n\n\n\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Responses To Tenevs Suggestions<\/h2>\n\n\n\n

Dogecoin co-founder Billy Markus commented that \"the infrastructure of the web has improved enough in 8 years to experiment with speeding it up\", but Elon Musk believes <\/a>that \"block size & time should keep pace with the rest of the Internet\". Suggesting that it may be time to test speeding up the block confirmation times but not going overboard with it.<\/p>\n\n\n\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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\n

One of the main arguments against increasing block size was that it may lead to centralization as the hardware needed to confirm transactions would be much more expensive and scarce compared to something like Raspberry Pi which can be run by anyone at home. Tenev believes this is a \"fair tradeoff\", echoing those supporting Bitcoin SV - the suggestion to increase the block sizes.<\/p>\n\n\n\n

Responses To Tenevs Suggestions<\/h2>\n\n\n\n

Dogecoin co-founder Billy Markus commented that \"the infrastructure of the web has improved enough in 8 years to experiment with speeding it up\", but Elon Musk believes <\/a>that \"block size & time should keep pace with the rest of the Internet\". Suggesting that it may be time to test speeding up the block confirmation times but not going overboard with it.<\/p>\n\n\n\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

He also suggested increasing block sizes to around 1GB and eventually a 10GB block size, although this was met with heavy criticism as many reminisce on the block size wars in relation to Bitcoin. <\/p>\n\n\n\n

One of the main arguments against increasing block size was that it may lead to centralization as the hardware needed to confirm transactions would be much more expensive and scarce compared to something like Raspberry Pi which can be run by anyone at home. Tenev believes this is a \"fair tradeoff\", echoing those supporting Bitcoin SV - the suggestion to increase the block sizes.<\/p>\n\n\n\n

Responses To Tenevs Suggestions<\/h2>\n\n\n\n

Dogecoin co-founder Billy Markus commented that \"the infrastructure of the web has improved enough in 8 years to experiment with speeding it up\", but Elon Musk believes <\/a>that \"block size & time should keep pace with the rest of the Internet\". Suggesting that it may be time to test speeding up the block confirmation times but not going overboard with it.<\/p>\n\n\n\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Some of the things Tenev believes Doge could improve on a few things including; transaction fees having to be vanishingly small to reach broad adoption, block confirmation times should be as fast as it takes to pay at a point of sale terminal - around 10 seconds. This can't be too fast otherwise there will be energy wasted on achieving consensus<\/a>.<\/p>\n\n\n\n

He also suggested increasing block sizes to around 1GB and eventually a 10GB block size, although this was met with heavy criticism as many reminisce on the block size wars in relation to Bitcoin. <\/p>\n\n\n\n

One of the main arguments against increasing block size was that it may lead to centralization as the hardware needed to confirm transactions would be much more expensive and scarce compared to something like Raspberry Pi which can be run by anyone at home. Tenev believes this is a \"fair tradeoff\", echoing those supporting Bitcoin SV - the suggestion to increase the block sizes.<\/p>\n\n\n\n

Responses To Tenevs Suggestions<\/h2>\n\n\n\n

Dogecoin co-founder Billy Markus commented that \"the infrastructure of the web has improved enough in 8 years to experiment with speeding it up\", but Elon Musk believes <\/a>that \"block size & time should keep pace with the rest of the Internet\". Suggesting that it may be time to test speeding up the block confirmation times but not going overboard with it.<\/p>\n\n\n\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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\n
\nhttps:\/\/twitter.com\/vladtenev\/status\/1514684174002634768\n<\/div><\/figure>\n\n\n\n

Some of the things Tenev believes Doge could improve on a few things including; transaction fees having to be vanishingly small to reach broad adoption, block confirmation times should be as fast as it takes to pay at a point of sale terminal - around 10 seconds. This can't be too fast otherwise there will be energy wasted on achieving consensus<\/a>.<\/p>\n\n\n\n

He also suggested increasing block sizes to around 1GB and eventually a 10GB block size, although this was met with heavy criticism as many reminisce on the block size wars in relation to Bitcoin. <\/p>\n\n\n\n

One of the main arguments against increasing block size was that it may lead to centralization as the hardware needed to confirm transactions would be much more expensive and scarce compared to something like Raspberry Pi which can be run by anyone at home. Tenev believes this is a \"fair tradeoff\", echoing those supporting Bitcoin SV - the suggestion to increase the block sizes.<\/p>\n\n\n\n

Responses To Tenevs Suggestions<\/h2>\n\n\n\n

Dogecoin co-founder Billy Markus commented that \"the infrastructure of the web has improved enough in 8 years to experiment with speeding it up\", but Elon Musk believes <\/a>that \"block size & time should keep pace with the rest of the Internet\". Suggesting that it may be time to test speeding up the block confirmation times but not going overboard with it.<\/p>\n\n\n\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

A recent Twitter thread<\/a> from the CEO of the Robinhood exchange Vlad Tenev suggests that if there were some improvements made on Dogecoin<\/a> that it could \"truly be the future currency of the Internet and the people\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/vladtenev\/status\/1514684174002634768\n<\/div><\/figure>\n\n\n\n

Some of the things Tenev believes Doge could improve on a few things including; transaction fees having to be vanishingly small to reach broad adoption, block confirmation times should be as fast as it takes to pay at a point of sale terminal - around 10 seconds. This can't be too fast otherwise there will be energy wasted on achieving consensus<\/a>.<\/p>\n\n\n\n

He also suggested increasing block sizes to around 1GB and eventually a 10GB block size, although this was met with heavy criticism as many reminisce on the block size wars in relation to Bitcoin. <\/p>\n\n\n\n

One of the main arguments against increasing block size was that it may lead to centralization as the hardware needed to confirm transactions would be much more expensive and scarce compared to something like Raspberry Pi which can be run by anyone at home. Tenev believes this is a \"fair tradeoff\", echoing those supporting Bitcoin SV - the suggestion to increase the block sizes.<\/p>\n\n\n\n

Responses To Tenevs Suggestions<\/h2>\n\n\n\n

Dogecoin co-founder Billy Markus commented that \"the infrastructure of the web has improved enough in 8 years to experiment with speeding it up\", but Elon Musk believes <\/a>that \"block size & time should keep pace with the rest of the Internet\". Suggesting that it may be time to test speeding up the block confirmation times but not going overboard with it.<\/p>\n\n\n\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"\"
Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n","post_title":"Shock Announcement Sends Atari Token $ATRI Plummeting 30%","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shock-announcement-sends-atari-token-atri-plummeting-30","to_ping":"","pinged":"","post_modified":"2023-04-30 21:36:58","post_modified_gmt":"2023-04-30 11:36:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4430","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4366,"post_author":"1","post_date":"2022-04-15 21:16:04","post_date_gmt":"2022-04-15 11:16:04","post_content":"\n

A recent Twitter thread<\/a> from the CEO of the Robinhood exchange Vlad Tenev suggests that if there were some improvements made on Dogecoin<\/a> that it could \"truly be the future currency of the Internet and the people\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/vladtenev\/status\/1514684174002634768\n<\/div><\/figure>\n\n\n\n

Some of the things Tenev believes Doge could improve on a few things including; transaction fees having to be vanishingly small to reach broad adoption, block confirmation times should be as fast as it takes to pay at a point of sale terminal - around 10 seconds. This can't be too fast otherwise there will be energy wasted on achieving consensus<\/a>.<\/p>\n\n\n\n

He also suggested increasing block sizes to around 1GB and eventually a 10GB block size, although this was met with heavy criticism as many reminisce on the block size wars in relation to Bitcoin. <\/p>\n\n\n\n

One of the main arguments against increasing block size was that it may lead to centralization as the hardware needed to confirm transactions would be much more expensive and scarce compared to something like Raspberry Pi which can be run by anyone at home. Tenev believes this is a \"fair tradeoff\", echoing those supporting Bitcoin SV - the suggestion to increase the block sizes.<\/p>\n\n\n\n

Responses To Tenevs Suggestions<\/h2>\n\n\n\n

Dogecoin co-founder Billy Markus commented that \"the infrastructure of the web has improved enough in 8 years to experiment with speeding it up\", but Elon Musk believes <\/a>that \"block size & time should keep pace with the rest of the Internet\". Suggesting that it may be time to test speeding up the block confirmation times but not going overboard with it.<\/p>\n\n\n\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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\n

Atari token is trading at $0.012474 USD, it is down 30.86% in the last 24 hours according to price data from CoinMarketCap.<\/p>\n\n\n\n

\"\"
Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n","post_title":"Shock Announcement Sends Atari Token $ATRI Plummeting 30%","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shock-announcement-sends-atari-token-atri-plummeting-30","to_ping":"","pinged":"","post_modified":"2023-04-30 21:36:58","post_modified_gmt":"2023-04-30 11:36:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4430","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4366,"post_author":"1","post_date":"2022-04-15 21:16:04","post_date_gmt":"2022-04-15 11:16:04","post_content":"\n

A recent Twitter thread<\/a> from the CEO of the Robinhood exchange Vlad Tenev suggests that if there were some improvements made on Dogecoin<\/a> that it could \"truly be the future currency of the Internet and the people\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/vladtenev\/status\/1514684174002634768\n<\/div><\/figure>\n\n\n\n

Some of the things Tenev believes Doge could improve on a few things including; transaction fees having to be vanishingly small to reach broad adoption, block confirmation times should be as fast as it takes to pay at a point of sale terminal - around 10 seconds. This can't be too fast otherwise there will be energy wasted on achieving consensus<\/a>.<\/p>\n\n\n\n

He also suggested increasing block sizes to around 1GB and eventually a 10GB block size, although this was met with heavy criticism as many reminisce on the block size wars in relation to Bitcoin. <\/p>\n\n\n\n

One of the main arguments against increasing block size was that it may lead to centralization as the hardware needed to confirm transactions would be much more expensive and scarce compared to something like Raspberry Pi which can be run by anyone at home. Tenev believes this is a \"fair tradeoff\", echoing those supporting Bitcoin SV - the suggestion to increase the block sizes.<\/p>\n\n\n\n

Responses To Tenevs Suggestions<\/h2>\n\n\n\n

Dogecoin co-founder Billy Markus commented that \"the infrastructure of the web has improved enough in 8 years to experiment with speeding it up\", but Elon Musk believes <\/a>that \"block size & time should keep pace with the rest of the Internet\". Suggesting that it may be time to test speeding up the block confirmation times but not going overboard with it.<\/p>\n\n\n\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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\n

<\/p>\n\n\n\n

Atari token is trading at $0.012474 USD, it is down 30.86% in the last 24 hours according to price data from CoinMarketCap.<\/p>\n\n\n\n

\"\"
Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n","post_title":"Shock Announcement Sends Atari Token $ATRI Plummeting 30%","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shock-announcement-sends-atari-token-atri-plummeting-30","to_ping":"","pinged":"","post_modified":"2023-04-30 21:36:58","post_modified_gmt":"2023-04-30 11:36:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4430","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4366,"post_author":"1","post_date":"2022-04-15 21:16:04","post_date_gmt":"2022-04-15 11:16:04","post_content":"\n

A recent Twitter thread<\/a> from the CEO of the Robinhood exchange Vlad Tenev suggests that if there were some improvements made on Dogecoin<\/a> that it could \"truly be the future currency of the Internet and the people\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/vladtenev\/status\/1514684174002634768\n<\/div><\/figure>\n\n\n\n

Some of the things Tenev believes Doge could improve on a few things including; transaction fees having to be vanishingly small to reach broad adoption, block confirmation times should be as fast as it takes to pay at a point of sale terminal - around 10 seconds. This can't be too fast otherwise there will be energy wasted on achieving consensus<\/a>.<\/p>\n\n\n\n

He also suggested increasing block sizes to around 1GB and eventually a 10GB block size, although this was met with heavy criticism as many reminisce on the block size wars in relation to Bitcoin. <\/p>\n\n\n\n

One of the main arguments against increasing block size was that it may lead to centralization as the hardware needed to confirm transactions would be much more expensive and scarce compared to something like Raspberry Pi which can be run by anyone at home. Tenev believes this is a \"fair tradeoff\", echoing those supporting Bitcoin SV - the suggestion to increase the block sizes.<\/p>\n\n\n\n

Responses To Tenevs Suggestions<\/h2>\n\n\n\n

Dogecoin co-founder Billy Markus commented that \"the infrastructure of the web has improved enough in 8 years to experiment with speeding it up\", but Elon Musk believes <\/a>that \"block size & time should keep pace with the rest of the Internet\". Suggesting that it may be time to test speeding up the block confirmation times but not going overboard with it.<\/p>\n\n\n\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Atari mentions that the best place to keep up to date on any new announcements is through their social media channels.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Atari token is trading at $0.012474 USD, it is down 30.86% in the last 24 hours according to price data from CoinMarketCap.<\/p>\n\n\n\n

\"\"
Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n","post_title":"Shock Announcement Sends Atari Token $ATRI Plummeting 30%","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shock-announcement-sends-atari-token-atri-plummeting-30","to_ping":"","pinged":"","post_modified":"2023-04-30 21:36:58","post_modified_gmt":"2023-04-30 11:36:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4430","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4366,"post_author":"1","post_date":"2022-04-15 21:16:04","post_date_gmt":"2022-04-15 11:16:04","post_content":"\n

A recent Twitter thread<\/a> from the CEO of the Robinhood exchange Vlad Tenev suggests that if there were some improvements made on Dogecoin<\/a> that it could \"truly be the future currency of the Internet and the people\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/vladtenev\/status\/1514684174002634768\n<\/div><\/figure>\n\n\n\n

Some of the things Tenev believes Doge could improve on a few things including; transaction fees having to be vanishingly small to reach broad adoption, block confirmation times should be as fast as it takes to pay at a point of sale terminal - around 10 seconds. This can't be too fast otherwise there will be energy wasted on achieving consensus<\/a>.<\/p>\n\n\n\n

He also suggested increasing block sizes to around 1GB and eventually a 10GB block size, although this was met with heavy criticism as many reminisce on the block size wars in relation to Bitcoin. <\/p>\n\n\n\n

One of the main arguments against increasing block size was that it may lead to centralization as the hardware needed to confirm transactions would be much more expensive and scarce compared to something like Raspberry Pi which can be run by anyone at home. Tenev believes this is a \"fair tradeoff\", echoing those supporting Bitcoin SV - the suggestion to increase the block sizes.<\/p>\n\n\n\n

Responses To Tenevs Suggestions<\/h2>\n\n\n\n

Dogecoin co-founder Billy Markus commented that \"the infrastructure of the web has improved enough in 8 years to experiment with speeding it up\", but Elon Musk believes <\/a>that \"block size & time should keep pace with the rest of the Internet\". Suggesting that it may be time to test speeding up the block confirmation times but not going overboard with it.<\/p>\n\n\n\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

All users who held the Atari token prior to April 18th, 2022 at 6:00PM CET will be able to exchange the exact amount of tokens you had. A snapshot of all holders has already been taken and it is expected by Atari to take 3-4 months for the new token to launch.<\/p>\n\n\n\n

Atari mentions that the best place to keep up to date on any new announcements is through their social media channels.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Atari token is trading at $0.012474 USD, it is down 30.86% in the last 24 hours according to price data from CoinMarketCap.<\/p>\n\n\n\n

\"\"
Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n","post_title":"Shock Announcement Sends Atari Token $ATRI Plummeting 30%","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shock-announcement-sends-atari-token-atri-plummeting-30","to_ping":"","pinged":"","post_modified":"2023-04-30 21:36:58","post_modified_gmt":"2023-04-30 11:36:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4430","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4366,"post_author":"1","post_date":"2022-04-15 21:16:04","post_date_gmt":"2022-04-15 11:16:04","post_content":"\n

A recent Twitter thread<\/a> from the CEO of the Robinhood exchange Vlad Tenev suggests that if there were some improvements made on Dogecoin<\/a> that it could \"truly be the future currency of the Internet and the people\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/vladtenev\/status\/1514684174002634768\n<\/div><\/figure>\n\n\n\n

Some of the things Tenev believes Doge could improve on a few things including; transaction fees having to be vanishingly small to reach broad adoption, block confirmation times should be as fast as it takes to pay at a point of sale terminal - around 10 seconds. This can't be too fast otherwise there will be energy wasted on achieving consensus<\/a>.<\/p>\n\n\n\n

He also suggested increasing block sizes to around 1GB and eventually a 10GB block size, although this was met with heavy criticism as many reminisce on the block size wars in relation to Bitcoin. <\/p>\n\n\n\n

One of the main arguments against increasing block size was that it may lead to centralization as the hardware needed to confirm transactions would be much more expensive and scarce compared to something like Raspberry Pi which can be run by anyone at home. Tenev believes this is a \"fair tradeoff\", echoing those supporting Bitcoin SV - the suggestion to increase the block sizes.<\/p>\n\n\n\n

Responses To Tenevs Suggestions<\/h2>\n\n\n\n

Dogecoin co-founder Billy Markus commented that \"the infrastructure of the web has improved enough in 8 years to experiment with speeding it up\", but Elon Musk believes <\/a>that \"block size & time should keep pace with the rest of the Internet\". Suggesting that it may be time to test speeding up the block confirmation times but not going overboard with it.<\/p>\n\n\n\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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\n

Atari states that \"the new token will play an important role within our blockchain ecosystem.\"<\/p>\n\n\n\n

All users who held the Atari token prior to April 18th, 2022 at 6:00PM CET will be able to exchange the exact amount of tokens you had. A snapshot of all holders has already been taken and it is expected by Atari to take 3-4 months for the new token to launch.<\/p>\n\n\n\n

Atari mentions that the best place to keep up to date on any new announcements is through their social media channels.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Atari token is trading at $0.012474 USD, it is down 30.86% in the last 24 hours according to price data from CoinMarketCap.<\/p>\n\n\n\n

\"\"
Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n","post_title":"Shock Announcement Sends Atari Token $ATRI Plummeting 30%","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shock-announcement-sends-atari-token-atri-plummeting-30","to_ping":"","pinged":"","post_modified":"2023-04-30 21:36:58","post_modified_gmt":"2023-04-30 11:36:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4430","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4366,"post_author":"1","post_date":"2022-04-15 21:16:04","post_date_gmt":"2022-04-15 11:16:04","post_content":"\n

A recent Twitter thread<\/a> from the CEO of the Robinhood exchange Vlad Tenev suggests that if there were some improvements made on Dogecoin<\/a> that it could \"truly be the future currency of the Internet and the people\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/vladtenev\/status\/1514684174002634768\n<\/div><\/figure>\n\n\n\n

Some of the things Tenev believes Doge could improve on a few things including; transaction fees having to be vanishingly small to reach broad adoption, block confirmation times should be as fast as it takes to pay at a point of sale terminal - around 10 seconds. This can't be too fast otherwise there will be energy wasted on achieving consensus<\/a>.<\/p>\n\n\n\n

He also suggested increasing block sizes to around 1GB and eventually a 10GB block size, although this was met with heavy criticism as many reminisce on the block size wars in relation to Bitcoin. <\/p>\n\n\n\n

One of the main arguments against increasing block size was that it may lead to centralization as the hardware needed to confirm transactions would be much more expensive and scarce compared to something like Raspberry Pi which can be run by anyone at home. Tenev believes this is a \"fair tradeoff\", echoing those supporting Bitcoin SV - the suggestion to increase the block sizes.<\/p>\n\n\n\n

Responses To Tenevs Suggestions<\/h2>\n\n\n\n

Dogecoin co-founder Billy Markus commented that \"the infrastructure of the web has improved enough in 8 years to experiment with speeding it up\", but Elon Musk believes <\/a>that \"block size & time should keep pace with the rest of the Internet\". Suggesting that it may be time to test speeding up the block confirmation times but not going overboard with it.<\/p>\n\n\n\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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\n

In compensation for holders of the Atari token, \"Atari does plan to issue a new branded token...issued directly by Atari...with a focus on gaming, community, and utility.\"<\/p>\n\n\n\n

Atari states that \"the new token will play an important role within our blockchain ecosystem.\"<\/p>\n\n\n\n

All users who held the Atari token prior to April 18th, 2022 at 6:00PM CET will be able to exchange the exact amount of tokens you had. A snapshot of all holders has already been taken and it is expected by Atari to take 3-4 months for the new token to launch.<\/p>\n\n\n\n

Atari mentions that the best place to keep up to date on any new announcements is through their social media channels.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Atari token is trading at $0.012474 USD, it is down 30.86% in the last 24 hours according to price data from CoinMarketCap.<\/p>\n\n\n\n

\"\"
Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n","post_title":"Shock Announcement Sends Atari Token $ATRI Plummeting 30%","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shock-announcement-sends-atari-token-atri-plummeting-30","to_ping":"","pinged":"","post_modified":"2023-04-30 21:36:58","post_modified_gmt":"2023-04-30 11:36:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4430","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4366,"post_author":"1","post_date":"2022-04-15 21:16:04","post_date_gmt":"2022-04-15 11:16:04","post_content":"\n

A recent Twitter thread<\/a> from the CEO of the Robinhood exchange Vlad Tenev suggests that if there were some improvements made on Dogecoin<\/a> that it could \"truly be the future currency of the Internet and the people\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/vladtenev\/status\/1514684174002634768\n<\/div><\/figure>\n\n\n\n

Some of the things Tenev believes Doge could improve on a few things including; transaction fees having to be vanishingly small to reach broad adoption, block confirmation times should be as fast as it takes to pay at a point of sale terminal - around 10 seconds. This can't be too fast otherwise there will be energy wasted on achieving consensus<\/a>.<\/p>\n\n\n\n

He also suggested increasing block sizes to around 1GB and eventually a 10GB block size, although this was met with heavy criticism as many reminisce on the block size wars in relation to Bitcoin. <\/p>\n\n\n\n

One of the main arguments against increasing block size was that it may lead to centralization as the hardware needed to confirm transactions would be much more expensive and scarce compared to something like Raspberry Pi which can be run by anyone at home. Tenev believes this is a \"fair tradeoff\", echoing those supporting Bitcoin SV - the suggestion to increase the block sizes.<\/p>\n\n\n\n

Responses To Tenevs Suggestions<\/h2>\n\n\n\n

Dogecoin co-founder Billy Markus commented that \"the infrastructure of the web has improved enough in 8 years to experiment with speeding it up\", but Elon Musk believes <\/a>that \"block size & time should keep pace with the rest of the Internet\". Suggesting that it may be time to test speeding up the block confirmation times but not going overboard with it.<\/p>\n\n\n\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Atari insists it \"remains enthusiastic about the potential for blockchain initiatives and continues to establish and pursue strategic ventures and partnerships in the space.\"<\/p>\n\n\n\n

In compensation for holders of the Atari token, \"Atari does plan to issue a new branded token...issued directly by Atari...with a focus on gaming, community, and utility.\"<\/p>\n\n\n\n

Atari states that \"the new token will play an important role within our blockchain ecosystem.\"<\/p>\n\n\n\n

All users who held the Atari token prior to April 18th, 2022 at 6:00PM CET will be able to exchange the exact amount of tokens you had. A snapshot of all holders has already been taken and it is expected by Atari to take 3-4 months for the new token to launch.<\/p>\n\n\n\n

Atari mentions that the best place to keep up to date on any new announcements is through their social media channels.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Atari token is trading at $0.012474 USD, it is down 30.86% in the last 24 hours according to price data from CoinMarketCap.<\/p>\n\n\n\n

\"\"
Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n","post_title":"Shock Announcement Sends Atari Token $ATRI Plummeting 30%","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shock-announcement-sends-atari-token-atri-plummeting-30","to_ping":"","pinged":"","post_modified":"2023-04-30 21:36:58","post_modified_gmt":"2023-04-30 11:36:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4430","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4366,"post_author":"1","post_date":"2022-04-15 21:16:04","post_date_gmt":"2022-04-15 11:16:04","post_content":"\n

A recent Twitter thread<\/a> from the CEO of the Robinhood exchange Vlad Tenev suggests that if there were some improvements made on Dogecoin<\/a> that it could \"truly be the future currency of the Internet and the people\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/vladtenev\/status\/1514684174002634768\n<\/div><\/figure>\n\n\n\n

Some of the things Tenev believes Doge could improve on a few things including; transaction fees having to be vanishingly small to reach broad adoption, block confirmation times should be as fast as it takes to pay at a point of sale terminal - around 10 seconds. This can't be too fast otherwise there will be energy wasted on achieving consensus<\/a>.<\/p>\n\n\n\n

He also suggested increasing block sizes to around 1GB and eventually a 10GB block size, although this was met with heavy criticism as many reminisce on the block size wars in relation to Bitcoin. <\/p>\n\n\n\n

One of the main arguments against increasing block size was that it may lead to centralization as the hardware needed to confirm transactions would be much more expensive and scarce compared to something like Raspberry Pi which can be run by anyone at home. Tenev believes this is a \"fair tradeoff\", echoing those supporting Bitcoin SV - the suggestion to increase the block sizes.<\/p>\n\n\n\n

Responses To Tenevs Suggestions<\/h2>\n\n\n\n

Dogecoin co-founder Billy Markus commented that \"the infrastructure of the web has improved enough in 8 years to experiment with speeding it up\", but Elon Musk believes <\/a>that \"block size & time should keep pace with the rest of the Internet\". Suggesting that it may be time to test speeding up the block confirmation times but not going overboard with it.<\/p>\n\n\n\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Compensation For $ATRI Token<\/h2>\n\n\n\n

Atari insists it \"remains enthusiastic about the potential for blockchain initiatives and continues to establish and pursue strategic ventures and partnerships in the space.\"<\/p>\n\n\n\n

In compensation for holders of the Atari token, \"Atari does plan to issue a new branded token...issued directly by Atari...with a focus on gaming, community, and utility.\"<\/p>\n\n\n\n

Atari states that \"the new token will play an important role within our blockchain ecosystem.\"<\/p>\n\n\n\n

All users who held the Atari token prior to April 18th, 2022 at 6:00PM CET will be able to exchange the exact amount of tokens you had. A snapshot of all holders has already been taken and it is expected by Atari to take 3-4 months for the new token to launch.<\/p>\n\n\n\n

Atari mentions that the best place to keep up to date on any new announcements is through their social media channels.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Atari token is trading at $0.012474 USD, it is down 30.86% in the last 24 hours according to price data from CoinMarketCap.<\/p>\n\n\n\n

\"\"
Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n","post_title":"Shock Announcement Sends Atari Token $ATRI Plummeting 30%","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shock-announcement-sends-atari-token-atri-plummeting-30","to_ping":"","pinged":"","post_modified":"2023-04-30 21:36:58","post_modified_gmt":"2023-04-30 11:36:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4430","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4366,"post_author":"1","post_date":"2022-04-15 21:16:04","post_date_gmt":"2022-04-15 11:16:04","post_content":"\n

A recent Twitter thread<\/a> from the CEO of the Robinhood exchange Vlad Tenev suggests that if there were some improvements made on Dogecoin<\/a> that it could \"truly be the future currency of the Internet and the people\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/vladtenev\/status\/1514684174002634768\n<\/div><\/figure>\n\n\n\n

Some of the things Tenev believes Doge could improve on a few things including; transaction fees having to be vanishingly small to reach broad adoption, block confirmation times should be as fast as it takes to pay at a point of sale terminal - around 10 seconds. This can't be too fast otherwise there will be energy wasted on achieving consensus<\/a>.<\/p>\n\n\n\n

He also suggested increasing block sizes to around 1GB and eventually a 10GB block size, although this was met with heavy criticism as many reminisce on the block size wars in relation to Bitcoin. <\/p>\n\n\n\n

One of the main arguments against increasing block size was that it may lead to centralization as the hardware needed to confirm transactions would be much more expensive and scarce compared to something like Raspberry Pi which can be run by anyone at home. Tenev believes this is a \"fair tradeoff\", echoing those supporting Bitcoin SV - the suggestion to increase the block sizes.<\/p>\n\n\n\n

Responses To Tenevs Suggestions<\/h2>\n\n\n\n

Dogecoin co-founder Billy Markus commented that \"the infrastructure of the web has improved enough in 8 years to experiment with speeding it up\", but Elon Musk believes <\/a>that \"block size & time should keep pace with the rest of the Internet\". Suggesting that it may be time to test speeding up the block confirmation times but not going overboard with it.<\/p>\n\n\n\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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\n

Atari has disclaimed any relation to the joint venture and that all whitepapers and social media channels should not be relied upon for guidance or information as they're unlicensed.<\/p>\n\n\n\n

Compensation For $ATRI Token<\/h2>\n\n\n\n

Atari insists it \"remains enthusiastic about the potential for blockchain initiatives and continues to establish and pursue strategic ventures and partnerships in the space.\"<\/p>\n\n\n\n

In compensation for holders of the Atari token, \"Atari does plan to issue a new branded token...issued directly by Atari...with a focus on gaming, community, and utility.\"<\/p>\n\n\n\n

Atari states that \"the new token will play an important role within our blockchain ecosystem.\"<\/p>\n\n\n\n

All users who held the Atari token prior to April 18th, 2022 at 6:00PM CET will be able to exchange the exact amount of tokens you had. A snapshot of all holders has already been taken and it is expected by Atari to take 3-4 months for the new token to launch.<\/p>\n\n\n\n

Atari mentions that the best place to keep up to date on any new announcements is through their social media channels.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Atari token is trading at $0.012474 USD, it is down 30.86% in the last 24 hours according to price data from CoinMarketCap.<\/p>\n\n\n\n

\"\"
Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n","post_title":"Shock Announcement Sends Atari Token $ATRI Plummeting 30%","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shock-announcement-sends-atari-token-atri-plummeting-30","to_ping":"","pinged":"","post_modified":"2023-04-30 21:36:58","post_modified_gmt":"2023-04-30 11:36:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4430","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4366,"post_author":"1","post_date":"2022-04-15 21:16:04","post_date_gmt":"2022-04-15 11:16:04","post_content":"\n

A recent Twitter thread<\/a> from the CEO of the Robinhood exchange Vlad Tenev suggests that if there were some improvements made on Dogecoin<\/a> that it could \"truly be the future currency of the Internet and the people\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/vladtenev\/status\/1514684174002634768\n<\/div><\/figure>\n\n\n\n

Some of the things Tenev believes Doge could improve on a few things including; transaction fees having to be vanishingly small to reach broad adoption, block confirmation times should be as fast as it takes to pay at a point of sale terminal - around 10 seconds. This can't be too fast otherwise there will be energy wasted on achieving consensus<\/a>.<\/p>\n\n\n\n

He also suggested increasing block sizes to around 1GB and eventually a 10GB block size, although this was met with heavy criticism as many reminisce on the block size wars in relation to Bitcoin. <\/p>\n\n\n\n

One of the main arguments against increasing block size was that it may lead to centralization as the hardware needed to confirm transactions would be much more expensive and scarce compared to something like Raspberry Pi which can be run by anyone at home. Tenev believes this is a \"fair tradeoff\", echoing those supporting Bitcoin SV - the suggestion to increase the block sizes.<\/p>\n\n\n\n

Responses To Tenevs Suggestions<\/h2>\n\n\n\n

Dogecoin co-founder Billy Markus commented that \"the infrastructure of the web has improved enough in 8 years to experiment with speeding it up\", but Elon Musk believes <\/a>that \"block size & time should keep pace with the rest of the Internet\". Suggesting that it may be time to test speeding up the block confirmation times but not going overboard with it.<\/p>\n\n\n\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

Atari stated<\/a> that the reason for the falling out was because \"the licensing arrangement we had for the Joint Venture did not give us enough control over how the ATRI Token was managed, or enough say in charting its future.\" Atari believes that blockchain will have a meaningful role in their business and they feel it requires them to \"directly issue and manage any token that has our name on it.\"<\/p>\n\n\n\n

Atari has disclaimed any relation to the joint venture and that all whitepapers and social media channels should not be relied upon for guidance or information as they're unlicensed.<\/p>\n\n\n\n

Compensation For $ATRI Token<\/h2>\n\n\n\n

Atari insists it \"remains enthusiastic about the potential for blockchain initiatives and continues to establish and pursue strategic ventures and partnerships in the space.\"<\/p>\n\n\n\n

In compensation for holders of the Atari token, \"Atari does plan to issue a new branded token...issued directly by Atari...with a focus on gaming, community, and utility.\"<\/p>\n\n\n\n

Atari states that \"the new token will play an important role within our blockchain ecosystem.\"<\/p>\n\n\n\n

All users who held the Atari token prior to April 18th, 2022 at 6:00PM CET will be able to exchange the exact amount of tokens you had. A snapshot of all holders has already been taken and it is expected by Atari to take 3-4 months for the new token to launch.<\/p>\n\n\n\n

Atari mentions that the best place to keep up to date on any new announcements is through their social media channels.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Atari token is trading at $0.012474 USD, it is down 30.86% in the last 24 hours according to price data from CoinMarketCap.<\/p>\n\n\n\n

\"\"
Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n","post_title":"Shock Announcement Sends Atari Token $ATRI Plummeting 30%","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shock-announcement-sends-atari-token-atri-plummeting-30","to_ping":"","pinged":"","post_modified":"2023-04-30 21:36:58","post_modified_gmt":"2023-04-30 11:36:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4430","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4366,"post_author":"1","post_date":"2022-04-15 21:16:04","post_date_gmt":"2022-04-15 11:16:04","post_content":"\n

A recent Twitter thread<\/a> from the CEO of the Robinhood exchange Vlad Tenev suggests that if there were some improvements made on Dogecoin<\/a> that it could \"truly be the future currency of the Internet and the people\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/vladtenev\/status\/1514684174002634768\n<\/div><\/figure>\n\n\n\n

Some of the things Tenev believes Doge could improve on a few things including; transaction fees having to be vanishingly small to reach broad adoption, block confirmation times should be as fast as it takes to pay at a point of sale terminal - around 10 seconds. This can't be too fast otherwise there will be energy wasted on achieving consensus<\/a>.<\/p>\n\n\n\n

He also suggested increasing block sizes to around 1GB and eventually a 10GB block size, although this was met with heavy criticism as many reminisce on the block size wars in relation to Bitcoin. <\/p>\n\n\n\n

One of the main arguments against increasing block size was that it may lead to centralization as the hardware needed to confirm transactions would be much more expensive and scarce compared to something like Raspberry Pi which can be run by anyone at home. Tenev believes this is a \"fair tradeoff\", echoing those supporting Bitcoin SV - the suggestion to increase the block sizes.<\/p>\n\n\n\n

Responses To Tenevs Suggestions<\/h2>\n\n\n\n

Dogecoin co-founder Billy Markus commented that \"the infrastructure of the web has improved enough in 8 years to experiment with speeding it up\", but Elon Musk believes <\/a>that \"block size & time should keep pace with the rest of the Internet\". Suggesting that it may be time to test speeding up the block confirmation times but not going overboard with it.<\/p>\n\n\n\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

The sudden drop comes after news that Atari has cut links with the Atari token after terminating their partnership with ICICB Group. ICICB and Atari teamed up to launch Atari Chain<\/a> as well as the token which was meant to be used at Atari branded hotels and casinos around the world. The Atari token was intended to act as a reference for other tokens within the entertainment industry.<\/p>\n\n\n\n

Atari stated<\/a> that the reason for the falling out was because \"the licensing arrangement we had for the Joint Venture did not give us enough control over how the ATRI Token was managed, or enough say in charting its future.\" Atari believes that blockchain will have a meaningful role in their business and they feel it requires them to \"directly issue and manage any token that has our name on it.\"<\/p>\n\n\n\n

Atari has disclaimed any relation to the joint venture and that all whitepapers and social media channels should not be relied upon for guidance or information as they're unlicensed.<\/p>\n\n\n\n

Compensation For $ATRI Token<\/h2>\n\n\n\n

Atari insists it \"remains enthusiastic about the potential for blockchain initiatives and continues to establish and pursue strategic ventures and partnerships in the space.\"<\/p>\n\n\n\n

In compensation for holders of the Atari token, \"Atari does plan to issue a new branded token...issued directly by Atari...with a focus on gaming, community, and utility.\"<\/p>\n\n\n\n

Atari states that \"the new token will play an important role within our blockchain ecosystem.\"<\/p>\n\n\n\n

All users who held the Atari token prior to April 18th, 2022 at 6:00PM CET will be able to exchange the exact amount of tokens you had. A snapshot of all holders has already been taken and it is expected by Atari to take 3-4 months for the new token to launch.<\/p>\n\n\n\n

Atari mentions that the best place to keep up to date on any new announcements is through their social media channels.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Atari token is trading at $0.012474 USD, it is down 30.86% in the last 24 hours according to price data from CoinMarketCap.<\/p>\n\n\n\n

\"\"
Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n","post_title":"Shock Announcement Sends Atari Token $ATRI Plummeting 30%","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shock-announcement-sends-atari-token-atri-plummeting-30","to_ping":"","pinged":"","post_modified":"2023-04-30 21:36:58","post_modified_gmt":"2023-04-30 11:36:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4430","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4366,"post_author":"1","post_date":"2022-04-15 21:16:04","post_date_gmt":"2022-04-15 11:16:04","post_content":"\n

A recent Twitter thread<\/a> from the CEO of the Robinhood exchange Vlad Tenev suggests that if there were some improvements made on Dogecoin<\/a> that it could \"truly be the future currency of the Internet and the people\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/vladtenev\/status\/1514684174002634768\n<\/div><\/figure>\n\n\n\n

Some of the things Tenev believes Doge could improve on a few things including; transaction fees having to be vanishingly small to reach broad adoption, block confirmation times should be as fast as it takes to pay at a point of sale terminal - around 10 seconds. This can't be too fast otherwise there will be energy wasted on achieving consensus<\/a>.<\/p>\n\n\n\n

He also suggested increasing block sizes to around 1GB and eventually a 10GB block size, although this was met with heavy criticism as many reminisce on the block size wars in relation to Bitcoin. <\/p>\n\n\n\n

One of the main arguments against increasing block size was that it may lead to centralization as the hardware needed to confirm transactions would be much more expensive and scarce compared to something like Raspberry Pi which can be run by anyone at home. Tenev believes this is a \"fair tradeoff\", echoing those supporting Bitcoin SV - the suggestion to increase the block sizes.<\/p>\n\n\n\n

Responses To Tenevs Suggestions<\/h2>\n\n\n\n

Dogecoin co-founder Billy Markus commented that \"the infrastructure of the web has improved enough in 8 years to experiment with speeding it up\", but Elon Musk believes <\/a>that \"block size & time should keep pace with the rest of the Internet\". Suggesting that it may be time to test speeding up the block confirmation times but not going overboard with it.<\/p>\n\n\n\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Ethereum-based Atari Token ($ATRI<\/a>) has plummeted by over 30% and is down over 98% from its peak price.<\/p>\n\n\n\n

The sudden drop comes after news that Atari has cut links with the Atari token after terminating their partnership with ICICB Group. ICICB and Atari teamed up to launch Atari Chain<\/a> as well as the token which was meant to be used at Atari branded hotels and casinos around the world. The Atari token was intended to act as a reference for other tokens within the entertainment industry.<\/p>\n\n\n\n

Atari stated<\/a> that the reason for the falling out was because \"the licensing arrangement we had for the Joint Venture did not give us enough control over how the ATRI Token was managed, or enough say in charting its future.\" Atari believes that blockchain will have a meaningful role in their business and they feel it requires them to \"directly issue and manage any token that has our name on it.\"<\/p>\n\n\n\n

Atari has disclaimed any relation to the joint venture and that all whitepapers and social media channels should not be relied upon for guidance or information as they're unlicensed.<\/p>\n\n\n\n

Compensation For $ATRI Token<\/h2>\n\n\n\n

Atari insists it \"remains enthusiastic about the potential for blockchain initiatives and continues to establish and pursue strategic ventures and partnerships in the space.\"<\/p>\n\n\n\n

In compensation for holders of the Atari token, \"Atari does plan to issue a new branded token...issued directly by Atari...with a focus on gaming, community, and utility.\"<\/p>\n\n\n\n

Atari states that \"the new token will play an important role within our blockchain ecosystem.\"<\/p>\n\n\n\n

All users who held the Atari token prior to April 18th, 2022 at 6:00PM CET will be able to exchange the exact amount of tokens you had. A snapshot of all holders has already been taken and it is expected by Atari to take 3-4 months for the new token to launch.<\/p>\n\n\n\n

Atari mentions that the best place to keep up to date on any new announcements is through their social media channels.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Atari token is trading at $0.012474 USD, it is down 30.86% in the last 24 hours according to price data from CoinMarketCap.<\/p>\n\n\n\n

\"\"
Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n","post_title":"Shock Announcement Sends Atari Token $ATRI Plummeting 30%","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shock-announcement-sends-atari-token-atri-plummeting-30","to_ping":"","pinged":"","post_modified":"2023-04-30 21:36:58","post_modified_gmt":"2023-04-30 11:36:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4430","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4366,"post_author":"1","post_date":"2022-04-15 21:16:04","post_date_gmt":"2022-04-15 11:16:04","post_content":"\n

A recent Twitter thread<\/a> from the CEO of the Robinhood exchange Vlad Tenev suggests that if there were some improvements made on Dogecoin<\/a> that it could \"truly be the future currency of the Internet and the people\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/vladtenev\/status\/1514684174002634768\n<\/div><\/figure>\n\n\n\n

Some of the things Tenev believes Doge could improve on a few things including; transaction fees having to be vanishingly small to reach broad adoption, block confirmation times should be as fast as it takes to pay at a point of sale terminal - around 10 seconds. This can't be too fast otherwise there will be energy wasted on achieving consensus<\/a>.<\/p>\n\n\n\n

He also suggested increasing block sizes to around 1GB and eventually a 10GB block size, although this was met with heavy criticism as many reminisce on the block size wars in relation to Bitcoin. <\/p>\n\n\n\n

One of the main arguments against increasing block size was that it may lead to centralization as the hardware needed to confirm transactions would be much more expensive and scarce compared to something like Raspberry Pi which can be run by anyone at home. Tenev believes this is a \"fair tradeoff\", echoing those supporting Bitcoin SV - the suggestion to increase the block sizes.<\/p>\n\n\n\n

Responses To Tenevs Suggestions<\/h2>\n\n\n\n

Dogecoin co-founder Billy Markus commented that \"the infrastructure of the web has improved enough in 8 years to experiment with speeding it up\", but Elon Musk believes <\/a>that \"block size & time should keep pace with the rest of the Internet\". Suggesting that it may be time to test speeding up the block confirmation times but not going overboard with it.<\/p>\n\n\n\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/InputOutputHK\/status\/1511314275436056584\n<\/div><\/figure>\n","post_title":"In One Month 400 Projects And 100k Wallets Have Appeared On Cardano","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"in-one-month-400-projects-and-100k-wallets-have-appeared-on-cardano","to_ping":"","pinged":"","post_modified":"2023-04-30 21:36:50","post_modified_gmt":"2023-04-30 11:36:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4465","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4430,"post_author":"1","post_date":"2022-04-19 20:18:48","post_date_gmt":"2022-04-19 10:18:48","post_content":"\n

Ethereum-based Atari Token ($ATRI<\/a>) has plummeted by over 30% and is down over 98% from its peak price.<\/p>\n\n\n\n

The sudden drop comes after news that Atari has cut links with the Atari token after terminating their partnership with ICICB Group. ICICB and Atari teamed up to launch Atari Chain<\/a> as well as the token which was meant to be used at Atari branded hotels and casinos around the world. The Atari token was intended to act as a reference for other tokens within the entertainment industry.<\/p>\n\n\n\n

Atari stated<\/a> that the reason for the falling out was because \"the licensing arrangement we had for the Joint Venture did not give us enough control over how the ATRI Token was managed, or enough say in charting its future.\" Atari believes that blockchain will have a meaningful role in their business and they feel it requires them to \"directly issue and manage any token that has our name on it.\"<\/p>\n\n\n\n

Atari has disclaimed any relation to the joint venture and that all whitepapers and social media channels should not be relied upon for guidance or information as they're unlicensed.<\/p>\n\n\n\n

Compensation For $ATRI Token<\/h2>\n\n\n\n

Atari insists it \"remains enthusiastic about the potential for blockchain initiatives and continues to establish and pursue strategic ventures and partnerships in the space.\"<\/p>\n\n\n\n

In compensation for holders of the Atari token, \"Atari does plan to issue a new branded token...issued directly by Atari...with a focus on gaming, community, and utility.\"<\/p>\n\n\n\n

Atari states that \"the new token will play an important role within our blockchain ecosystem.\"<\/p>\n\n\n\n

All users who held the Atari token prior to April 18th, 2022 at 6:00PM CET will be able to exchange the exact amount of tokens you had. A snapshot of all holders has already been taken and it is expected by Atari to take 3-4 months for the new token to launch.<\/p>\n\n\n\n

Atari mentions that the best place to keep up to date on any new announcements is through their social media channels.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Atari token is trading at $0.012474 USD, it is down 30.86% in the last 24 hours according to price data from CoinMarketCap.<\/p>\n\n\n\n

\"\"
Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n","post_title":"Shock Announcement Sends Atari Token $ATRI Plummeting 30%","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"shock-announcement-sends-atari-token-atri-plummeting-30","to_ping":"","pinged":"","post_modified":"2023-04-30 21:36:58","post_modified_gmt":"2023-04-30 11:36:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4430","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4366,"post_author":"1","post_date":"2022-04-15 21:16:04","post_date_gmt":"2022-04-15 11:16:04","post_content":"\n

A recent Twitter thread<\/a> from the CEO of the Robinhood exchange Vlad Tenev suggests that if there were some improvements made on Dogecoin<\/a> that it could \"truly be the future currency of the Internet and the people\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/vladtenev\/status\/1514684174002634768\n<\/div><\/figure>\n\n\n\n

Some of the things Tenev believes Doge could improve on a few things including; transaction fees having to be vanishingly small to reach broad adoption, block confirmation times should be as fast as it takes to pay at a point of sale terminal - around 10 seconds. This can't be too fast otherwise there will be energy wasted on achieving consensus<\/a>.<\/p>\n\n\n\n

He also suggested increasing block sizes to around 1GB and eventually a 10GB block size, although this was met with heavy criticism as many reminisce on the block size wars in relation to Bitcoin. <\/p>\n\n\n\n

One of the main arguments against increasing block size was that it may lead to centralization as the hardware needed to confirm transactions would be much more expensive and scarce compared to something like Raspberry Pi which can be run by anyone at home. Tenev believes this is a \"fair tradeoff\", echoing those supporting Bitcoin SV - the suggestion to increase the block sizes.<\/p>\n\n\n\n

Responses To Tenevs Suggestions<\/h2>\n\n\n\n

Dogecoin co-founder Billy Markus commented that \"the infrastructure of the web has improved enough in 8 years to experiment with speeding it up\", but Elon Musk believes <\/a>that \"block size & time should keep pace with the rest of the Internet\". Suggesting that it may be time to test speeding up the block confirmation times but not going overboard with it.<\/p>\n\n\n\n

User 'ripndipbtc' stated<\/a> that what Tenev is proposing is \"literally impossible\". He adds \"10GB per block, 10sec a block. After 100 seconds, you need 100GB storage, after 10,000 seconds you need 10 TB storage. there won't be a machine which can store the entire chain since its existence.\"<\/p>\n\n\n\n

User 'awertheim' replied<\/a> to Tenev with a question reading \"Why are you trying to reinvent (an inferior version of) the wheel when the world already has Lightning Network?\" adding that the lightning network already has \"Instant, near zero fees, final settlement payment system.\"<\/p>\n\n\n\n

'thing_rat' on Twitter replied<\/a> that \"this is literally the history of bitcoin and the blocksize wars\" and that \"changing things like the blocksize would fork the chain and ruin any chance of success.\"<\/p>\n","post_title":"$DOGE Can Be The Currency Of The Internet And The People Says Robinhood CEO Vlad Tenev","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"doge-can-be-the-currency-of-the-internet-and-the-people-says-robinhood-ceo-vlad-tenev","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:10","post_modified_gmt":"2023-04-30 11:37:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4366","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4175,"post_author":"1","post_date":"2022-03-31 20:54:40","post_date_gmt":"2022-03-31 09:54:40","post_content":"\n

OpenSea<\/a> has confirmed that they will be adding support for Solana ($SOL<\/a>) NFTs in April this year.<\/p>\n\n\n\n

OpenSea is the leading NFT marketplace. To date, OpenSea has sold<\/a> over US$23.5B in NFTs to over 1.4 million traders.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/opensea\/status\/1508851483449585670?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1508851483449585670%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnews.bitcoin.com%2Fleading-nft-marketplace-opensea-to-add-solana-support-in-april%2F\n<\/div><\/figure>\n\n\n\n

The announcement made through Twitter dubbed \"the best kept secret in web3\" shows a bunch of users who are keen on the integration with the Solana Blockchain.<\/p>\n\n\n\n

Once the integration is completed in April, Solana will join Ethereum ($ETH<\/a>), Polygon ($MATIC<\/a>), and Klaytn ($KLAY<\/a>) as the fourth edition to the NFT marketplace.<\/p>\n\n\n\n

This news isn't new to some though. <\/p>\n\n\n\n

Tech blogger Jane Wong had tweeted \"OpenSea is working on Solana integration, as well as Phantom wallet<\/a> support\". Phantom wallet is a popular Solana-based wallet capable of storing cryptocurrencies as well as NFTs, making it a prime choice for the primary wallet to use with OpenSea.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/wongmjane\/status\/1486077324630302721\n<\/div><\/figure>\n\n\n\n

Solana is a Layer 1<\/a> blockchain, like Ethereum. Although, Solana uses Proof-of-History<\/a> as its consensus mechanism compared to Ethereum's Proof-of-Work. This allows Solana to have a throughput of 60,000 transactions per second, compared to Ethereum's current 15 transactions per second. This would make Solana a cheaper network to use, with much lower gas fees<\/a> compared with a blockchain like Ethereum.<\/p>\n\n\n\n

Solana is up 11.23% today at a price of $124.14, with a 24-hour trading volume of $3,860,298,289 USD.<\/p>\n\n\n\n

\"Solana
Solana Price Data on 31st March - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"OpenSea To Support Solana NFTs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"opensea-to-support-solana-nfts","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-application-layer-protocols\/","post_modified":"2023-04-11 12:49:54","post_modified_gmt":"2023-04-11 02:49:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4175","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4073,"post_author":"1","post_date":"2022-03-23 22:00:23","post_date_gmt":"2022-03-23 11:00:23","post_content":"\n

Shibburn<\/a>, a platform that tracks Shiba Inu burn rates states over 1.04 billion $SHIB<\/a> were burned in the last 24-hours. Adding to a total of 2.2 billion $SHIB being burned over the last week. The cryptocurrency\u2019s burn rate has gone up astronomically to 12,448%.<\/p>\n\n\n\n

\"Shiba
Source: Shibburn<\/figcaption><\/figure>\n\n\n\n

Data from Shibburn states that over 410 trillion $SHIB has been burned from the original supply of tokens. These tokens are being sent to inaccessible wallets, meaning that the funds can never be reached, essentially locking them out of the circulating supply permanently. <\/p>\n\n\n\n

Out of the 1 quadrillion initial Shiba Inu tokens released, there are just under 550 trillion in circulating supply. A majority of the $SHIB was burned by Ethereum co-founder, Vitalik Buterin. An enormous sum of tokens was gifted to him and he, in turn, donated 10% to a COVID Relief Fund in India, the remaining 90% were burned in a transaction<\/a> removing around 410 trillion from the circulating supply.<\/p>\n\n\n\n

\"$SHIB
7 Day Price Tracker Of $SHIB - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Over A Billion $SHIB Have Been Burned In 24 Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"over-a-billion-shib-have-been-burned-in-24-hours","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:39","post_modified_gmt":"2023-04-30 11:37:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4073","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4003,"post_author":"1","post_date":"2022-03-21 15:25:03","post_date_gmt":"2022-03-21 04:25:03","post_content":"\n

Adobe-backed creative showcase platform Behance<\/a> to showcase Solana NFTs within the platform. The addition of this feature will allow creators to earn from their designs.<\/p>\n\n\n\n

The feature is only available to creators who have a Phantom Wallet<\/a> connected to their Behance accounts, and are hosted by QuickNode<\/a>. Once this is done, creators can showcase various NFTs from the Solana blockchain on their profiles. <\/p>\n\n\n\n

Adobes Vice President, William Allen, stated that although there are features to implement Ethereum NFTs on the Behance platform already, creators may not want to use Ethereum due to the high gas fees<\/a>. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/williamallen\/status\/1500858469447917571?s=21\n<\/div><\/figure>\n\n\n\n

In turn, Allen addresses<\/a> that \u201cA single transaction on Solana uses less energy than two google searches and costs a fraction of a penny\u201d insisting that it may be a better alternative for some creators. <\/p>\n\n\n\n

\"\"<\/a>
Solanas 1 Day Price Tracker \/ Source - CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

Notes On The Collaborators <\/h2>\n\n\n\n

Phantom Wallet was quick to regard this as a \u201chuge\u201d collaboration for Solana and their emerging creator economy. The low cost and eco friendly nature of Solana will allow a larger range of artists the ability to experiment with NFTs. Allen stated<\/a> on Twitter that Solana will be added to the \u2019Content Credentials\u2019 tool in photoshop, allowing creators to publish NFTs from photoshop ensuring that the work stays their work. <\/p>\n\n\n\n

QuickNode which rented the space within the mainnet of Solana to Adobe is the leading Solana node provider, sustaining over 50% of the entire nodes on the network. No official statement has been released by the team yet. <\/p>\n","post_title":"Solana NFTs To Be Integrated Within Behance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"solana-nfts-to-be-integrated-within-behance","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:53","post_modified_gmt":"2023-04-11 02:51:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4003","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3986,"post_author":"1","post_date":"2022-03-18 23:32:52","post_date_gmt":"2022-03-18 12:32:52","post_content":"\n

ApeCoin<\/a>, the token linked to NFT collection Bored Ape Yacht Club<\/a> (BAYC), was down over 80% within the first 2 hours of its public offering.<\/p>\n\n\n\n

The token was first announced <\/a>yesterday through the ApeCoin Twitter account. <\/p>\n\n\n\n

The coin was released to the public today, within its first few hours it dropped from a high of $39.40 to a low of $6.48 according to CoinMarketCap data<\/a>. The cause of the 80% drop was an airdrop of the token to the holders of a Bored Ape NFT, who were quick to make free money from the coin. Although the coin has since recovered and is now sitting at $12.45.<\/p>\n\n\n\n

The owners of a Bored Ape NFT, were airdropped 10,000 APE tokens per NFT. 15% of the total supply was made available this morning with the release of the coin to the public. The remaining supply consists of 47% being sent to the Ape DAO<\/a> treasury, 16% to the parent company Yuga Labs, 14% to contributors of the launch, and the remaining 8% to the founders of BAYC.<\/p>\n\n\n\n

The release of the token comes mere days after the announcement that Yuga Labs purchased <\/a>an additional two NFT collections; Cryptopunks and Meebits. The token will support ApeCoin DAO, an organization that aims to put control in the hands of the community in regard to the NFT collection.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/apecoin\/status\/1504201557147070465\n<\/div><\/figure>\n","post_title":"ApeCoin Token Plummets 80% Within Its Opening Hours","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ape-token-plummets-80-within-its-opening-hours","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-daos\/","post_modified":"2023-04-30 21:37:52","post_modified_gmt":"2023-04-30 11:37:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3986","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3844,"post_author":"1","post_date":"2022-03-09 21:48:15","post_date_gmt":"2022-03-09 10:48:15","post_content":"\n

Charles Karony, the Vice President of Operations at SafeMoon<\/a> has stepped down from his position.<\/p>\n\n\n\n

He had announced his decision through Twitter, saying he is leaving to go back to college and finish his degree. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/CharlesKarony\/status\/1501229002828107777?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501229002828107777%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinbold.com%2Fsafemoons-vice-president-steps-down-from-the-project%2F\n<\/div><\/figure>\n\n\n\n

In the tweets that followed his decision, Karony thanked the SafeMoon team and the \u2019SafeMoon Army\u2019 for their commitment to the project. <\/p>\n\n\n\n

Karony promised this won\u2019t be the last that anyone would hear of him either, promising he would stay \u201ccommitted to the bright future in store for SafeMoon.\u201d<\/p>\n\n\n\n

SafeMoons \u2019Pump And Dump\u2019 <\/h2>\n\n\n\n

Only 10 months ago SafeMoon was in the news again, only it was for the wrong reasons. Analysts were warning investors<\/a> of their concerns with SafeMoon being a \u2019pump and dump\u2019. <\/p>\n\n\n\n

To add, a recent class-action lawsuit<\/a> was filed in the U.S. District Court in California against SafeMoon and its promoters including; celebrity promoters and its executive officers. The lawsuit accuses SafeMoon\u2019s tokens of being a \u2019Ponzi-like Pump and Dump scheme\u2019. <\/p>\n\n\n\n

Despite these facts, the creators of the coin, Karony included, persisted on the value of the coin going safely to the moon. After January saw a high for the coin, it was short-lived, a downward trajectory was seen in the price of the coin.<\/p>\n\n\n\n

Currently, SafeMoon is trading<\/a> at US$0.000000525 down 20% from its recent spike in January this year of US$0.000002686, according to data from CoinMarketCap.<\/p>\n\n\n\n

\"The
Source: CoinMarketCap<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","post_title":"SafeMoon VP To Step Down From The Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"safemoon-vp-to-step-down-from-the-project","to_ping":"","pinged":"","post_modified":"2023-04-30 21:38:01","post_modified_gmt":"2023-04-30 11:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3844","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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