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๐Ÿ“• Better than Yesterday with BSCS #32: Node Sale - New Form of Fundraising Part 2

Welcome back to part 2, where we will further deconstruct Node Sale - the new fundraising trend of this cycle!

โ„น๏ธ Pros & Cons of the Node Sale
The node sale model will generally be similar to a Presale or Public sale to the regular user community.

To determine the advantages and disadvantages of the above two models, we will evaluate based on 4 factors including:
๐ŸŸข Pricing
๐ŸŸข Dilution ratio
๐ŸŸข Raised Amount
๐ŸŸข Selling Pressure

Node Sale model will have many benefits compared to Public Sale:
โœ… Higher valuation
โœ… Reduce dilution
โœ… Better capital raised
โœ… Lower selling pressure

Node Sale structure also bringing certain benefits to investors, Kols:
โœ… Easy Project Marketing
โœ… Limiting selling pressure
โœ… Better community stimulation
โœ… Diversified pricing
โœ… Increase token supply allocation for Node

โ„น๏ธ Can Node Sale Replace Token Public Sale?
The answer is not clear-cut. Only projects needing new nodes can conduct node sales for infrastructure needs.

Node sales have advantages but may not replace token sales that offer more diversity and easier participation, without complex procedures or platforms.

๐Ÿ’  In general, the Node Sale model is bringing many positive aspects as well as long-term sustainability of the project, however users will need to carefully calculate the risk when participating in this model.

๐Ÿ“ฐ Read detailed article Here

โญ๏ธ BSCS Official Media Channels:
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๐Ÿ’ฌ BSCS "Chat Festival" Event - Only 5 Days Left! ๐Ÿ’ฌ

โŒ› The clock is ticking, and the "Chat Festival" is almost over! Hurry up and dive into engaging discussions, learn valuable knowledge, and grab fantastic rewards before too late!

โฐ Time: 9 AM May 11th - 9 AM May 21st (UTC)

๐ŸŽ Reward: 100 USDT
๐Ÿฅ‡ Top 1: 25 USDT
๐Ÿฅˆ Top 2: 20 USDT
๐Ÿฅ‰ Top 3 : 15 USDT
๐ŸŸข Top 4-5: 10 USDT/ each
๐ŸŸข Top 6-9: 5 USDT/ each

โ„น๏ธ Rule
๐ŸŸข Discuss, support & provide helpful information about BSCS in our Global Telegram Group
๐ŸŸข Each message over 20 characters equals 1 point (max 200 points/day)
๐ŸŸข Invite a friend to group equal 10 points (max 100 points/day)
๐ŸŸข Daily check-in with "BSCS to the moon" equals 10 points
๐ŸŸข The Top 9 interactive users will be rewarded
๐ŸŸข We will eliminate spammers and comments that violate the communityโ€™s standards

โ€ผ Note
โœ… User must public Telegram username
โœ… Our decision is final in all case

๐Ÿ™Œ Act now or lose your chance of winning! The opportunity is still available!

๐Ÿ”ถ BSCS Official Media Channels:
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โœ๏ธ Crypto Slang Terms #20: Your Guide to the Cryptoverse ๐Ÿ“•

๐Ÿ’ก Ready to join BSCS Crypto Slang Terms #19 and learn five new blockchain words? Let's improve your crypto knowledge!

โ–ถ Stablecoin: A cryptocurrency designed to minimise price volatility, usually by pegging its value or supply against a physical asset.

๐Ÿ‘‰๐Ÿป Example: USDT, USDC, TUSD

โ–ถ Staking: When you stake coins, you are effectively locking them away in a digital wallet for the purposes of maintaining the network.

You are rewarded with more coins/tokens when your wallet is staking, but it also means that you cannot trade these coins while they're locked up.

๐Ÿ‘‰๐Ÿป Example: BNB Staking, BSCS Staking

โ–ถ Stop order: An instruction given by an investor when placing a buy or sell order on the market.

It sets a condition where they will automatically close their position if this condition is met (when the market reaches a certain rate).

โ–ถ Tokenomics: The study of how different variables within an economy impact each other and affect the decision making process.

It is a branch of economics that looks at how different classes of assets, which have a monetary value attached to them, affect the dynamics within an economy.

๐Ÿ‘‰๐Ÿป Example: Any blockchain project tokenomics, such as BSCS

โ–ถ๏ธ Tokens: A unit of value used for various purposes within a crypto ecosystem.

Tokens can represent any asset, from commodities like gold or coffee beans, to loyalty points, real estate, or even other cryptocurrencies.

๐Ÿ‘‰๐Ÿป Example: BSCS token

๐Ÿ’ช Lots of slang terms related to Blockchain exist. Find what you need to know about Crypto Slang Terms by BSCS!

โญ๏ธ BSCS Official Media Channels:
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๐Ÿ’ฌ BSCS "Chat Festival" Event - Only 3 Days Left! ๐Ÿ’ฌ

โŒ› Just 3 days left to join our exclusive "Chat Festival" Event! Time is running out, so hurry and secure your spot in this unforgettable event!

โฐ Time: 9 AM May 11th - 9 AM May 21st (UTC)

๐ŸŽ Reward: 100 USDT
๐Ÿฅ‡ Top 1: 25 USDT
๐Ÿฅˆ Top 2: 20 USDT
๐Ÿฅ‰ Top 3 : 15 USDT
๐ŸŸข Top 4-5: 10 USDT/ each
๐ŸŸข Top 6-9: 5 USDT/ each

โ„น๏ธ Rule
๐ŸŸข Discuss, support & provide helpful information about BSCS in our Global Telegram Group
๐ŸŸข Each message over 20 characters equals 1 point (max 200 points/day)
๐ŸŸข Invite a friend to group equal 10 points (max 100 points/day)
๐ŸŸข Daily check-in with "BSCS to the moon" equals 10 points
๐ŸŸข The Top 9 interactive users will be rewarded
๐ŸŸข We will eliminate spammers and comments that violate the communityโ€™s standards

โ€ผ Note
โœ… User must public Telegram username
โœ… Our decision is final in all case

๐Ÿ™Œ Act now or lose your chance of winning! The opportunity is still available!

๐Ÿ”ถ BSCS Official Media Channels:
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๐Ÿ’ฐBitcoin Pizza Day is near! It has been 14 years since the legendary day; Bitcoin and blockchain have gone through highs and lows, so what are your points of view about the upcoming market?
Anonymous Poll
57%
The future is bright for the market & industry to bloom
31%
We are just in the early stages of the blockchain industry
12%
We are slowing down due to technology limitations
0%
Others, share in the comment
๐Ÿ”ŠWeekly Market Highlights #98: May 13 - May 19

โœจLast week, the world's largest cryptocurrency, BTC, surged significantly, driven by the resurgence of capital flows from spot Bitcoin ETFs. BTC had a notably active trading week, climbing by over $6K and surpassing $67K, its highest price in nearly a month.

โœจOver the past week, the crypto market total capitalization increased by ~$167B (from ~$2,248B to ~$2,415B).

โœจBTC Calms at $67K
โœ…Last Friday, BTC retraced to slightly above $60K, but the bulls defended that psychological support level over the weekend. Subsequently, the asset began climbing on Monday, briefly surpassing $63K. However, it retraced to $61,2K on Tuesday ahead of the US CPI announcement for April, only to surge after the release of those figures.

โœ…Following the announcement, the cryptocurrency gained several thousand dollars, skyrocketing to over $66,5K for the first time since mid-April. Although there was a brief retracement, the bulls resumed their attack in the past couple of days, pushing BTC to nearly $67,5K. Despite a slight retracement since then, BTC continues to trade around $67K. Its market capitalization remains at $1,320B.

โœจSOL and LINK Leads the Way
โœ…On a weekly scale, SOL and LINK have stolen the show. SOL has soared by ~24% and trades at a multi-week high of over $172, while LINK is up by 27% and stands close to $16.9

โœ…Next on the weekly top gainers' list are AVAX (14%), BCH (13%), UNI (13%), IMX (10%), GRT (12%), NEAR (9%), and ICP (10%).

โœ…In contrast, TON has declined the most from the larger-cap alts, having lost over 6% of value in the past seven days. BNB and TRX are also slightly in the red.

โœ…The total crypto market cap is up to $2,415B on CoinMarketCap

โœจBitcoin Fear and Greed Index is 70 - Greed, higher than at the beginning of the week (57)

โœจDominance:
โœ…BTC: 54.5%
โœ…ETH: 15.4%

๐Ÿ“ฃSee you next week!

๐Ÿ”ถ BSCS Official Media Channels:
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๐Ÿ”ถ๏ธ BSCS "Bitcoin Pizza Day" Event

๐Ÿ˜Ž Let's together celebrate the legendary day of Bitcoin history with a fun prediction game with BSCS guys!

โฐ Time: 9 AM 20 May - 9 AM 22 May (UTC)
๐ŸŽ Reward: 10 USDT/ each for 10 winners
๐Ÿ“ Venue: BSCS Twitter

โ„น Rule
๐Ÿ’  Follow BSCS Twitter
๐Ÿ’  Predict the closing price of the BTC/USDT pair on 22 April 2024, reply with your #BSCS #PIZZADAY #BTC and your BEP-20 wallet address, tag 3 friends, Like, RT THIS POST
๐Ÿ’  The top 10 users with correct or closest predictions (lower only) to the result will be the winners
๐Ÿ’  In case of duplicate predictions, who predicts the earliest will win (based on reply time)

โ€ผ Notice
๐ŸŸข Participants can only predict once to avoid cheating
๐ŸŸข Valid predictions must be within the event time and have all hashtags
๐ŸŸข Our decision is final in all cases

๐ŸŽ‰ Don't miss out on this exciting event! Get your predictions in and stand a chance to win!

๐Ÿ”ถ BSCS Official Media Channels:
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๐Ÿ“ฃ BSCS WEEKLY UPDATE REPORT ๐Ÿ“ฃ

After a long week, Weekly Overview is back, bringing the most comprehensive news of BSCS in the past 7 days
!

๐Ÿ‘‰๐Ÿป Let's see if you missed any news!

I. Node Sale Project
๐ŸŒŸ KIP Protocol Node Sale FCFS Round On BSCS

II. Event and Highlight News
โœจ Events
๐ŸŒŸ The KIP Protocol Node Sale on BSCS Successfully Ended

๐ŸŒŸ BSCS "Chat Festival" Event - Time is Ticking!
โฐ Time: 9 AM May 11th - 9 AM May 21st (UTC)
๐ŸŽ Reward: 100 USDT

๐ŸŒŸ BSCS "Chat Festival" Event - Only 3 Days Left!
โฐ Time: 9 AM May 11th - 9 AM May 21st (UTC)
๐ŸŽ Reward: 100 USDT

โœจ Highlight News
๐ŸŒŸ BSCS proudly be one of the official media partners for GM 2024

๐ŸŒŸ HoloNex Listing Final Announcement

๐ŸŒŸ BSCS Community Poll: POV on current market

III. Education
๐ŸŒŸ Better than Yesterday with BSCS #32: Node Sale - New Form of Fundraising Part 2

๐ŸŒŸ Crypto Slang Terms #20: Your Guide to the Cryptoverse

IV. Under Development
๐Ÿ’  DEX View
- Optimize and enhance the overall user experience

V. Communities
โ€ข
Telegram Channel: 97,163
โ€ข Twitter: 428,548
โ€ข Youtube: 18,500
โ€ข Facebook: 12,302

โšก BSCS Communities: ๐Ÿ‡ฌ๐Ÿ‡ง|๐Ÿ‡ป๐Ÿ‡ณ|๐Ÿ‡จ๐Ÿ‡ณ|๐Ÿ‡น๐Ÿ‡ท|๐Ÿ‡ง๐Ÿ‡ท|๐Ÿ‡ฐ๐Ÿ‡ท|๐Ÿ‡ฎ๐Ÿ‡ฉ|๐Ÿ‡ฎ๐Ÿ‡ณ|๐Ÿ‡ง๐Ÿ‡ฉ|๐Ÿ‡ซ๐Ÿ‡ท

โญ๏ธ BSCS Official Media Channels:
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๐Ÿ‘๐Ÿป BSCS "Chat Festival" Event - Officially Ended! ๐ŸŽ‰

โค๏ธ Thanks to everyone who engaged in insightful discussions and contributed to the vibrant community spirit. Your enthusiasm made this event a great success!

๐Ÿ™Œ We will announce the winners real soon after summarizing the data. Stay tuned for the result.

๐ŸŽ Reward: 100 USDT
๐Ÿฅ‡ Top 1: 25 USDT
๐Ÿฅˆ Top 2: 20 USDT
๐Ÿฅ‰ Top 3 : 15 USDT
๐ŸŸข Top 4-5: 10 USDT/ each
๐ŸŸข Top 6-9: 5 USDT/ each

โ€ผ Note
โœ… User must public Telegram username
โœ… Our decision is final in all case

๐Ÿš€ We appreciate all the active participation and are eager for more exciting events in the future!

๐Ÿ”ถ BSCS Official Media Channels:
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๐Ÿ‡ป๐Ÿ‡ณ Don't miss out on GM Vietnam 2024 - the biggest blockchain event of the year! ๐Ÿš€

๐Ÿ’ก Discover the latest breakthroughs: From DeFi to NFTs, GameFi, and more, GMVN2024 promises to be an enriching experience for all blockchain enthusiasts.

๐ŸŒ Forge valuable connections: Network with industry titans and visionary leaders as you explore the forefront of Web3 technology. Uncover new possibilities for growth and collaboration.

๐ŸŽ“ Learn & get inspired: Expand your knowledge and network with the blockchain community through exciting side events.

๐Ÿ‘‰๐Ÿป Get your FREE TICKETS NOW

๐Ÿ–ฅ Join Vietnam Rust Hackathon: Test your blockchain programming skills at the Vietnam Rust Hackathon.

๐ŸŽ Fun & Prizes: Participate in games, win prizes, and soak up the vibrant atmosphere at a luxurious venue.

๐Ÿ“Œ Read more at
Kyros Ventures Blog | BSCS Substack

๐Ÿ”ถ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion

#GMVN2024 #Web3 #Vietnam #HCMC #Blockchain
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๐Ÿ• Happy Bitcoin Pizza Day ๐Ÿ•

๐ŸŒ Bitcoin Pizza Day is observed across the world on May 22. The day commemorates the first time cryptocurrency was used to buy products in the real world.

๐Ÿ’ฐ Coincidentally, the first item that was bought with cryptocurrency was pizza! On May 22, 2010, Laszlo Hanyecz paid 10,000 Bitcoins to have two Papa John pizzas delivered.

๐Ÿซก In honor of this special day, the global crypto community gathers on May 22 each year to commemorate the first physical Bitcoin transaction!

๐Ÿ˜Ž Bitcoin Pizza Day Activities Suggestion
โœ… Buy pizza
โœ… Invest in cryptocurrency
โœ… Make pizzas
โœ… Join BSCS Pizza Day Event

โญ๏ธ BSCS Official Media Channels:
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๐ŸŽ‰ BSCS "Chat Festival" Event - Winners Announcement! ๐Ÿ”ฅ

๐Ÿ‘ Huge shoutout to all the amazing users who joined the BSCS "Chat Festival"! Your energy and awesome chats made it a blast!

๐Ÿ† Let's unveil the top winners taking home the prizes:

๐Ÿฅ‡ Top 1: 25 USDT
@King_Alvarez10

๐Ÿฅˆ Top 2: 20 USDT
@MD_SK_Hamid

๐Ÿฅ‰ Top 3: 15 USDT
@paultuckerr

๐Ÿ… Top 4-5: 10 USDT/ each
@tiantian87
@Patrickgregory

๐Ÿ… Top 6-9: 5 USDT/ each
@dr_faith
@MeherjanYT
@ThangHoag
@babyboo3105

๐ŸŽ DM @Billybutcher9112 to verify your info and receive the prize within 3 days!

๐Ÿ™Œ A big thanks to everyone who joined in! Your vibes and chats rocked our world!

๐Ÿ‘‰ Stay tuned for more fun events and adventures ahead! Let's keep the party going!

๐Ÿ”ถ BSCS Official Media Channels:
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๐Ÿ“• Better than Yesterday with BSCS #33: DePIN Explained

In
2024, significant market shifts occurred, with some sectors outperforming others.

DePIN emerges as a promising sector with strong performances and potential future development.

๐Ÿ”Ž Let's find out what is DePIN with BSCS

โ„น๏ธ What are DePINs?
Decentralized Physical Infrastructure Networks (DePINs) are real-world infrastructures on-chain.

DePINs offer a community-driven, cost-effective means of scaling projects without relying on traditional, centralized models.

โ„น๏ธ How does DePINs work?
DePINs operate through 3 main components:
๐ŸŸข Physical infrastructure controlled by a provider
๐ŸŸข Middleware connection to the blockchain
๐ŸŸข A public ledger

Additionally, for DePINs to operate effectively, 4 distinct parties must be involved in the network
๐ŸŸข Hardware (PRNs & DRNs)
๐ŸŸข Hardware operators (Providers)
๐ŸŸข Token
๐ŸŸข Users

โ„น๏ธ The Current DePIN Landscape
DePIN projects operate in six core business niches:
๐ŸŸข Compute marketplaces
๐ŸŸข Wireless coverage
๐ŸŸข Wholesale data
๐ŸŸข Services marketplaces
๐ŸŸข Energy services
๐ŸŸข Vertical ad networks

Out of these six sectors, compute marketplaces have the most potential, making up the majority of the market capitalization of DePIN crypto projects.

๐Ÿ“ฐ Detailed article Here

๐Ÿ”” Stay tuned as we wrap up everything else in part 2 of Better than Yesterday with BSCS about DePIN!

โญ๏ธ BSCS Official Media Channels:
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๐Ÿ”ถ BSCS "Bitcoin Pizza Day" Event - Winner Annoucement

It's time to reveal the winners of our Bitcoin Pizza Day celebration! Weโ€™re thrilled to see the community buzzing with excitement and optimism about the market!

๐Ÿ† Winner List (Twitter Username)
@MubzyPablo
@boontaw35989033
@GinnyMaltb14475
@J0HN_BEAR12
@HuyenTranT1
@far1mland5
@orachan734
@HqdPraew6111
@BeningKantong
@amsyarin2

๐ŸŽ Reward: 10 USDT/ each
โ„น๏ธ Rewards will be distributed within 5-10 days from the announcement date to the winners Wallets

๐Ÿฅณ Congratulations to all our lucky winners! Let's keep the positive vibes going!

โญ๏ธ BSCS Official Media Channels:
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Which exciting actions are you eager to take part in with BSCS? ๐Ÿ‘€
Anonymous Poll
61%
Airdrops
34%
Launchpad Feature Upgrade
36%
IDO Allocation Discounts
15%
Referral program
20%
Ambassador program
๐Ÿ”ŠWeekly Market Highlights #99: May 20 - May 26

โœจBTC and the rest of the market had a good week thanks to the hype and actual approval of Ethereum spot ETFs in the United States.

โœจOver the past week, the crypto market total capitalization increased by ~$178B (from ~$2,415B to ~$2,593B).

โœจBTCโ€™s Weekly Surge
โœ…Last Sunday, the leading cryptocurrency struggled to maintain its position above $66K, occasionally slipping below that threshold. Monday began similarly but ended with a bang.

โœ…Amid reports suggesting the potential approval of eight spot Ethereum ETFs by the US SEC that week, BTC surged by over $5K, reaching close to $72K for the first time in six weeks. However, the momentum couldn't be sustained, and the asset began shedding value in the subsequent days.

โœ…The most significant price drop occurred just hours before the US securities regulator gave the green light to these financial products on Thursday, causing BTC to dip to $66.4K. Nevertheless, it rebounded swiftly, soaring to $69K by Friday.

โœจPEPEโ€™s Week

โœ…Somewhat expected, the above news impacted Ethereumโ€™s native token a lot. ETH went on a roll and shot up from $3,1K to over $3,9K, which became its highest price tag since the start of April. The second-largest crypto also went on a volatile ride amid the SECโ€™s approval but now stands close to $3,8K after gaining 27% in the past week.

โœ…DOGE, LINK, and APT have also increased weekly, but Uniswap and PEPE lead the charts. UNI has skyrocketed by 44%, standing above $11, while PEPE painted several all-time highs this week.

โœ…In contrast, SOL, TRX, TON, and ADA are in the red on a weekly scale. Still, the total crypto market cap gained more than ~$180B within this timeframe and is now ~$2.6T

โœจBitcoin Fear and Greed Index is 74 - Greed, higher than at the beginning of the week (70)

โœจDominance:
โœ…BTC: 52.6%
โœ…ETH: 18.2%

๐Ÿ“ฃSee you next week!

๐Ÿ”ถ BSCS Official Media Channels:
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๐Ÿ“ฃ BSCS WEEKLY UPDATE REPORT ๐Ÿ“ฃ

After a long week, Weekly Overview is back, bringing the most comprehensive news of BSCS in the past 7 days
!

๐Ÿ‘‰๐Ÿป Let's see if you missed any news!

I. Event and Highlight News
โœจ Events
๐ŸŒŸ Happy Bitcoin Pizza Day

๐ŸŒŸ BSCS "Bitcoin Pizza Day" Event
โฐ Time: 9 AM 20 May - 9 AM 22 May (UTC)
๐ŸŽ Reward: 100 USDT

๐ŸŒŸ BSCS "Chat Festival" Event Officially Ended
โฐ Time: 9 AM May 11th - 9 AM May 21st (UTC)
๐ŸŽ Reward: 100 USDT

โœจ Highlight News
๐ŸŒŸ Don't miss out on GM Vietnam 2024 - the biggest blockchain event of the year!

๐ŸŒŸ BSCS Community Poll

๐ŸŒŸ BSCS "Chat Festival" Event - Winners Announcement
๐ŸŽ Reward: 100 USDT

๐ŸŒŸ BSCS "Bitcoin Pizza Day" Event - Winner Announcement
๐ŸŽ Reward: 100 USDT

II. Education
๐ŸŒŸ Better than Yesterday with BSCS #33: DePIN Explained

III. Under Development
๐Ÿ’  DEX View
- Optimize and enhance the overall user experience

IV. Communities
โ€ข
Telegram Channel: 99,621
โ€ข Twitter: 426,213
โ€ข Youtube: 18,500
โ€ข Facebook: 12,319

โšก BSCS Communities: ๐Ÿ‡ฌ๐Ÿ‡ง|๐Ÿ‡ป๐Ÿ‡ณ|๐Ÿ‡จ๐Ÿ‡ณ|๐Ÿ‡น๐Ÿ‡ท|๐Ÿ‡ง๐Ÿ‡ท|๐Ÿ‡ฐ๐Ÿ‡ท|๐Ÿ‡ฎ๐Ÿ‡ฉ|๐Ÿ‡ฎ๐Ÿ‡ณ|๐Ÿ‡ง๐Ÿ‡ฉ|๐Ÿ‡ซ๐Ÿ‡ท

โญ๏ธ BSCS Official Media Channels:
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๐Ÿ”ถ Embark on a Multi-Chain Journey with BSCS ๐Ÿš€

๐Ÿ”ฅ Stay ahead in the fast-paced blockchain & decentralized finance industry with BSCS, your gateway to top projects across multiple networks.

๐Ÿ’Ž Advantages of BSCS
๐ŸŸข Seamless Integration: Effortlessly invest in projects built on various networks

๐ŸŸข Scalability: Our platform grows with the blockchain ecosystem

๐ŸŸข Market Access: Unlock unparalleled opportunities in the decentralized landscape

๐ŸŸข Easy to Use: Just connect your wallet and join Sale events

โœ… Supported Networks on BSCS Launchpad
๐Ÿ”ธBNB | ๐Ÿ”นEthereum | ๐Ÿ”ดAVAX | ๐Ÿ”ดOptimism | ๐Ÿ“ถArbitrum | ๐ŸถDogechain | ๐Ÿ“ˆOKX Chain | ๐ŸŸฃPolygon | ๐ŸŸฃPolkadot | ๐Ÿช™Aptos | ๐Ÿ“ถFantom | ๐Ÿ”ดTron | ๐ŸคฃSui Network

๐Ÿ‘‰ Ready to Invest? Become a BSCS Holder
๐Ÿ‘‰ Launching a Project?
Apply for Private Sale/Public Sale

๐Ÿ’Ž The journey is limitless, and we're here to guide you. Join BSCS and emerge the future of blockchain!

โญ๏ธ BSCS Official Media Channels:
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โœ๏ธ Crypto Slang Terms #21: Your Guide to the Cryptoverse ๐Ÿ“•

๐Ÿ’ก Ready to join BSCS & learn five new blockchain words? Let's improve your crypto knowledge!

โ–ถ Token Sale: The process of selling digital tokens or coins to raise funds for a blockchain project before it launches.

๐Ÿ‘‰๐Ÿป Example: Private/IDO Sale on BSCS

โ–ถ Total value locked (TVL): The total value of coins locked in a masternode, divided by the number of masternodes. It estimates project value but isn't a perfect indicator.

๐Ÿ‘‰๐Ÿป Example: TVL of Solana is $4.762b

โ–ถ Transaction fee: The fee paid to confirm transactions and add them to the blockchain, separate from the transfer amount.

๐Ÿ‘‰๐Ÿป Example: Ethereum Average Transaction Fee is 0.0004 ETH/tx

โ–ถ Transaction fee market: Users increase fees to prioritize their transactions, using an auction-like system within blocks.

โ–ถ๏ธ Transaction pool: Where nodes store all pending transactions until they're mined into blocks.

๐Ÿ’ช Lots of slang terms related to Blockchain exist. Find what you need to know about Crypto Slang Terms by BSCS!

โญ๏ธ BSCS Official Media Channels:
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2024/05/29 14:18:21
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