|All Time High:|
|Market Cap: |
|The price of #BFT today is $0.00180 USD.|
The lowest BFT price for this period was $0, the highest was $0.00180, and the exact current price of one BFT crypto coin is $0.00180123.
The all-time high BFT coin price was $0.45.
Use our custom price calculator to see the hypothetical price of BFT with market cap of SOL or other crypto coins.
|The code for BnkToTheFuture crypto currency is #BFT. |
BnkToTheFuture is 5.7 years old.
|The current market capitalization for BnkToTheFuture is $1,314,881.|
BnkToTheFuture is ranked #846, by market cap (and other factors).
|The trading volume is modest during the past 24 hours for #BFT.|
Today's 24-hour trading volume across all exchanges for BnkToTheFuture is $47,153.
|The circulating supply of BFT is 729,989,999 coins, which is 73% of the maximum coin supply.|
|BFT has limited pairings with other cryptocurrencies, but has at least 4 pairings and is listed on at least 2 crypto exchanges.|
View #BFT trading pairs and crypto exchanges that currently support #BFT purchase.
|Note that there are multiple coins that share the code #BFT, and you can view them on our BFT disambiguation page.|
More BnkToTheFuture (#BFT) News
|Privacy Protocols Have Not Gained Traction Because 'User Experience Hasn...
According to Christopher Goes, the co-founder of privacy-focused blockchain Namada, many privacy protocols have not gained traction primarily because 'the user experience hasn’t been up to par.' Part of the reason for this is that existing solutions such as Zcash 'often require that users use a specific asset in order to receive privacy.' Another privacy solution, Tornado Cash, offers what Goes described as 'suboptimal privacy in order to maintain efficient compatibility with a legacy transparent system.''Privacy Loves Company'
Meanwhile, in his written answers sent to Bitcoin.com News, the Namada co-founder stated that while privacy-preserving protocols have seemingly gained traction, this has not translated to better privacy for users. Goes explained that this may be because the 'anonymity sets are currently fragmented across an ecosystem of separate tokens, applications, and platforms.'
In order to bring about an improved and better experience for users, Goes said protocols like Namada — a 'proof-of-stake L1 for interchain asset-agnostic privacy' — are working on 'providing a unified privacy set in which all assets can partake and all chains can connect to.' The co-founder also confirmed reports that Namada has proposed 'a shielded airdrop of its NAM token to holders of Zcash and Osmosis.'
Below are Christopher Goes' answers to all the questions that were sent to him via Telegram.
Bitcoin.com News (BCN): Most of the blockchains out there are pseudonymous ...
|MEXC 2022 Recap: Futures Business Grows by 1200% and Exceeds 10 Million ...
Recently, the cryptocurrency trading platform MEXC released two retrospective articles: Major Events in Cryptocurrency Market 2022，Which Affected You the Most? Blog-Top 10 Highlights of MEXC 2022, which respectively reviewed the cryptocurrency market in 2022 and the development of MEXC in one year.
2022 is the most dramatic year for the crypto industry. It has experienced many far-reaching black swan events, such as the LUNA crash and the FTX thunderstorm. For users, project parties or cryptocurrency trading platforms, capital institutions, etc., 2022 was a year of suffering.
Also, this year, MEXC Global continued to carry out in-depth optimization of the Futures, launched the second-level K-line function, launched NFT Index and other products at the same time, upgraded the brand color to 'Ocean Blue' and other measures, not only withstood the crypto market In the second half of this year, but its global users also exceeded 10 million, its Futures liquidity reached the first place in the world. Its Futures business grew by 1200%.
The liquidity of the Futures ranks the first, and the business has increased by 1200%
In 2022, MEXC has been focusing on the optimization of Futures products, continue to optimize the basic liquidity according to the needs of users and provide second-level K-line functions, contract maker 0 rate activities, etc., for contract products.
Blockchain media Cointelegraph reported that as of September this year, MEXC's Futures liquidity had reached...
|Byzantine Fault Tolerance in Blockchain: A Closer Look
The field of cryptocurrencies has expanded tremendously over the past couple of years. The rise of new projects also presents various ways developers are tackling existing problems in the field.
One term that is tossed around quite often is the “BFT consensus mechanism.” BFT stands for Byzantine Fault Tolerance, and it presents a theoretical problem in computer systems that existed long before Bitcoin.
However, many blockchain-based protocols are engaged in solving the problems that are associated with Byzantine fault tolerance, and the following takes a closer look into the matter and all that derives from it.
The Byzantine Generals Problem Explained
The Byzantine Generals Problem is one of the most heavily discussed theoretical situations whenever the topic of consensus is brought up.
The problem was first acknowledged in a paper from 1982 called The Byzantine Generals Problem by Leslie Lamport, Robert Shostak, and Marshall Pease. The paper reads:
A reliable computer system must be able to cope with the failure of one or more of its components. A failed component may exhibit a type of behavior that is often overlooked - namely, sending conflicting information to different parts of the system. The problem of coping with this type of failure is expressed abstractly as the Byzantine Generals Problem.
The name is derived from the analogy presented in the paper. More specifically, the authors describe a theoretical situation where several divisions of the Byzantine a...
|What is Aptos (APT)? The Complete Guide
2022 is a year that saw a lot of chatter on layer-one protocols such as Ethereum, Solana, the BNB Smart Chain, Avalanche, and many others.
The astronomic rise of non-fungible tokens (NFTs) revealed that most of the blockchains were unable to handle the load that comes with some form of mainstream adoption.
Before Ethereum transitioned to Proof-of-Stake (read: The Merge), the network was oftentimes clogged, and transaction fees were unimaginably high. In fact, this prompted the notion that it was only whales that were able to partake in multiple DeFi initiatives on Ethereum.
Solana, on the other hand, also had its issues. Although advertised as a high-throughput chain capable of handling thousands of transactions per second (TPS), the network experienced multiple outages where it was downright unusable.
Now, there’s a new kid on the block - the Aptos Blockchain. Called by many “the Solana Killer,” Aptos is presented as a “scalable, safe, reliable, and upgradable” network that’s been under development for over three years and has just launched its mainnet.
Aptos is a layer-one blockchain developed by Aptos Labs
Aptos Labs was founded by core contributors of Diem (developed by Meta)
It uses Proof-of-Stake (PoS) for its consensus algorithm
The Aptos Core
Full details and the complete technical stack of the Aptos Blockchain can be found in the Aptos Whitepaper.
According to the official website, the Aptos Blockchain is &ldqu...
|Aptos (APT), a Famous Public Chain with Meta Background, Now Listed on M...
[PRESS RELEASE - Please Read Disclaimer]
October 19, 2022 - The latest news from Aptos indicates that it will launch the mainnet in the near future. At the same time, its mainnet token APT was announced by major mainstream exchanges before it was in circulation. The cryptocurrency trading platform MEXC listed the Aptos mainnet token APT at 00:45 on October 19 (UTC). It is the world's first trading platform for Aptos.
The Aptos team will build its new Layer 1 blockchain based on the original Libra whitepaper. However, unlike Libra, the project will focus not on cross-border payments but on smart contracts.
Different from the current public chain such as Ethereum, Aptos inherits the underlying technical specifications of the Diem project, uses Move programming language and BFT consensus protocol, aiming to build a more scalable blockchain to meet the needs of billions of users and large enterprise customers, so as to carry out the storage and transaction of crypto assets in a convenient way.
Aptos's development builds partly on technology that has been publicly developed at Diem over the past three years. The Move language is a brand-new development language focusing on the blockchain's security, scalability, and upgradeability.
Earlier, Aptos stated in its medium that the original Diem team would try to restart the project in the form of Aptos, after Meta confirmed the sale of Diem-related assets.
Currently, representatives of new public chains using the Move language include...
|Two Major Blockchain Network Upgrades Ethereum 2.0 and XDC Network XDPOS...
Ethereum 2.0 upgrade is scheduled for September 13 to 15. XDC’s XDPoS 2.0 is expected to go live in Q1 2023. Ethereum Merge, the transition of the network from PoW to PoS consensus, is the biggest and the most significant upgrade in the crypto sector. The schedule for this upgrade is confirmed to commence on September 15 or even before it. Notably, the anticipation of this protocol upgrade increases as the date is nearing.
On successful execution of ‘The Merge’, Ethereum will terminate the PoW consensus when its mainnet merges with the Beacon Chain. Beacon Chain is the parallel blockchain hosting the PoS consensus engine and coexists with the current Ethereum 1.0 since 2020.
Despite being the second-largest blockchain hosting smart contracts and dApps, it struggles with scalability issues. It all boils down to a fundamental scaling problem. The proof-of-work paradigm makes the process of overcoming scalability issues more complex. Also, High costs and low throughput have been major barriers to any widespread use. Also, the major Ethereum mining community is not happy with the update as they have to switch to other PoW networks as they already have huge mining infrastructure investments around the mining ecosystem.
To solve all the related issues, Ethereum had chosen to make this massive move of initiating the consensus makeover, Ethereum 2.0. Now more blockchain networks are coming forward with such upgrades and expanding their functionalities. XDC Network i...
|VeChain Heads For Consensus Update, Can VET Price Lessen Bearish Pressur...
VeChain follows the general sentiment in the market and has experienced some relief across low timeframes. At the time of writing, VET’s price trades at $0.02 with a 2% profit in the last 24 hours and an 11% loss in the last 7 days.
VET's price trends to the downside on the 4-hour chart. Source: VETUSDT Tradingview
Despite the downside price action for larger cryptocurrencies, VeChain has managed to preserve its value over the past week. This cryptocurrency is on track to deploy a major update to its network which could be providing additional support.
The VeChain Foundation announced that the upgrade, dubbed Proof-of-Authority (PoA) 2.0, was successfully deployed on a testnet. The Foundation claims this milestone marks important progress towards a mainnet launch.
The update is set to remove the tradeoffs from the Nakamoto Consensus and Byzantine Fault Tolerance (BFT) consensus. The Foundation claims that this upgrade could use a new wave of “mass adoption” as the blockchain VeChainThor will provide its users with data finality and more scalability.
Designed to provide companies with a secure blockchain, use-case adaptive, and support corporate use cases. The VeChain community approved this consensus back in 2021, and once it’s deployed, will make this network one of the only blockchains running on a hybrid consensus.
The Foundation claims that PoA 2.0 will introduce a “finality gadget”, an add-on mechanism that will validate blocks twice....
|Tether stablecoins now available on the Tezos blockchain ecosystem
Tether.to, the company operating the blockchain-enabled stablecoin platform, announced it will launch Tether tokens on Tezos, the upgradable proof-of-stake (PoS) blockchain.
“We’re excited to launch USD? on Tezos, offering its growing and vibrant community access to the most liquid, stable, and trusted stablecoin in the digital token space. Tezos is coming fast onto the scene and we believe that this integration will be essential to its long-term growth.”
- Paolo Ardoino, CTO at Tether
Tezos is a unique network in the blockchain space, with nine upgrades, it is the only layer-1 blockchain network to successfully evolve and upgrade over time without relying on hard forks.
Upgrades have decreased gas costs and lowered carbon footprint, plus recently, upgrades even replaced Tezos’ consensus mechanism with Tenderbake, a modified BFT algorithm similar to Cosmos’ Tendermint. Continuing this track record, Tezos' next update will add smart contracts and optimistic roll-ups.
Tezos has a growing DeFi ecosystem which includes yield farming protocol Youves, decentralized exchange and EVM bridge Plenty, and more. Upon successful integration, Tether will be the largest stablecoin by market capitalization available within the Tezos network.
As of this latest integration, USD? works across a variety of different blockchains, including now Tezos, plus Algorand, Avalanche, Bitcoin Cash’s Simple Ledger Protocol (SLP), Ethereum, EOS, Liquid Network, Omni...
|Cube Chain Test-Net Goes Online: A Prelude to Enhanced On-Chain User Exp...
[PRESS RELEASE - Please Read Disclaimer]
Cube Chain, a new modular permissionless blockchain with multi-chain architecture, today announced the official launch of its test-net. Cube Chain is specially designed to unlock the full potential of GameFi, Metaverses, and DeFi. Touted as the next-generation, high-performance network, it boasts features such as low-cost transactions, EVM and Cosmos ecosystem compatibility, and innovative BFT protocol.
With the growth of GameFi, DeFi, and NFT, transaction volumes on chains have increased exponentially, and early public chains have been unable to meet the needs of users. For example, Ethereum takes about 10 minutes to complete a transaction during peak periods and gas fees can reach several hundreds of dollars. To meet the needs of the industry, Cube Chain takes the high-performance Layer 1 blockchain as the base and fundamentally solves the problem of blockchain expansion, providing users with a fast and low-cost trading platform. Core features of Cube Chain include:
Modular layered architecture with built-in and self-developed Collaborative Rollup to ensure transaction security.
'Chaos' Consensus: a brand new pipelined-optimized BFT consensus that comes with high throughput, decentralization, security, and fast transaction confirmation.
Multi-Chain: a decentralized cross-chain communication protocol named “Time Crossing”, which supports cross-chain DeFi contract calls and is compatible with Cosmos IBC protocol supporting...
|Cosmos (ATOM) Skyrockets 12% Following Bitcoin And Ethereum Recovery
The crypto market is showing signs of recovery, and it seems Cosmos has also been pulled in the same direction with an increase of 12% in the last 24 hours.
Cosmos (ATOM), the 27th biggest cryptocurrency, has a total market cap of $3.2 billion. ATOM, the token that fuels the Cosmos blockchain network, has been gaining a lot of traction with an increase of over 12.7% overnight.
Currently, ATOM is trading at the price point of $11.45.
Suggested Reading | Avalanche Crumbles More Than 16% As Crypto Landslide Continues
ATOM Remains In Bear Territory
Even though the charts have been looking bullish, ATOM is still at a bearish stance with trades that plummeted by 74% compared to its all-time high record of $44.70 in September 2021.
There has been a noticeable spike in ATOM’s trading volume that is evident in multiple exchanges. The total trading volume is at roughly $327 million in the past 24 hours, which is up by 11% in comparison to the previous day.
What Is Cosmos? Cosmos refers to a decentralized network of blockchains that runs using the power of Byzantine Fault Tolerance (BFT) algorithms.
More so, Cosmos also enables developers to create and innovate their own blockchains plus allows Blockchains that run on Cosmos to freely interact or engage with one another.
Some of the major blockchains that run in the Cosmos are the Terra, Kadena, and Thorchain.
Developer Incentives Following Terra’s Demise
Injective, a decentralized blockchain that is focused on the d...
|XDC Network unveils smart contract and tokenization platform, Origin
XDC Network, a highly interoperable hybrid blockchain platform built by XinFin, today revealed its smart contract and tokenization platform, Origin — a user-friendly tool that enables the secure creation of complex smart contracts at the click of a button.
Origin allows for the creation, issuance, and management of XDC-based token standards via the XDC Network. By leveraging Origin’s rigorously tested smart contract framework, any project or enterprise can mint fungible XRC20 tokens on the XDC Network without writing code or hiring developers.
XRC20 tokens have a variety of use cases, including utility tokens, or even governance tokens. Origin will soon integrate options for an array of additional token standards, including non-fungible tokens (NFTs).
The platform is free to use and will be open-source. New assets can be deployed to the XDC Network through Origin with incredibly little capital — typically for under five-thousandths of a cent — something currently impossible on Ethereum due to its prohibitively high fees.
Importantly, Origin allows anyone to manage the tokenomics of their projects, from controlling minting functions to adding a burn mechanism as well as pausing or transferring ownership of a contract.
Origin offers a user experience aimed at simplifying the token creation process...
Through the platform, a new user without any blockchain experience can create, verify, and deploy their token in under two minutes for a fraction of a cent....
|Team Behind Meta's Diem Announces New Blockchain Project Called Ap...
The brains behind Meta’s former Diem project have unveiled plans to launch the blockchain network as a separate protocol with support for other web3 solutions. Also, the announcement includes a name change to Aptos.
Former Diem Developers to Relaunch Protocol
Some members of the now-defunct Diem blockchain project have teamed up and announced plans to proceed with the network’s development and deployment. The news was shared via a medium blog post published on Thursday (February 24, 2022).
According to the statement, the new team called Aptos Labs has assembled experts, including original creators, researchers, designers, and builders of Diem. The effort is geared towards creating a new, independent project focused on delivering the safest and most production-ready layer 1 blockchain protocol in the world.
Also, the team said it had leveraged the original thesis from Libra’s white paper to build its revamped decentralized network.
In addition, Aptos is led by Avery Ching and Mo Shaikh, who both previously worked on building Meta’s Novi digital wallet. Ching is also regarded as a co-creator of the Byzantine Fault Tolerance (BFT) consensus protocol deployed on the Diem blockchain. BFT ensures that complex computer systems continue to function even if a few components break down.
Regarding the motive behind relaunching the project, Shaikh highlighted that Facebook’s initial idea was to deliver a safe, scalable, and credibly neutral solution accessib...
|NEXT SHIB: Next-Generation Memetoken About to Go Public
DeFi’s newest cutest meme token announces the launch of its public sale. The mascot of the new, ultra-fast ultra-cheap NEXT Smart Chain has arrived.
Deflationary on every transaction (5%) and with no other tax, no team tokens, and starting with a very low market cap, this meme token is lifting off to visit its Nextronaught NFT siblings in orbit (#Nextronaughts are coming down to play in the #Nextverse very soon!).
NEXT SHIB is the newest entrant into the meme coin. The token follows a deflationary model where the total supply of 100 billion tokens deflates every time a transfer is made, but with no other reservation of tokens for any purpose other than to permanently lock its liquidity. It also has a low initial market cap of less than $500K.
The private presale was a success and the public sale opened today, until the end of January. NEXT SHIB token is available on the Ethereum Network (ETH), Binance Smart Chain (BSC), Polygon (MATIC), and on its own native NEXT Smart Chain (NSC).
Blockchain Built for Scalability
The NEXT Smart Chain is a third-generation blockchain network that has clear advantages over Ethereum and Binance Smart Chain. With a clever combination of Directed Acyclic Graphs and Byzantine Fault Tolerance (BFT) technologies, the network manages to achieve a speed of 300000 transactions per second (yes 300K tps) and a persistently low transaction cost of circa $0.0001 per transaction – the lowest fees in the current market.
NEXT Smart Chain is fully co...