Topic: TimeCoinProtocol - decentralized sharing economy protocol - page 15. (Read 8973 times)

El Salvador keeps buying BTC

We continue following president Bukele’s actions, and this time he didn’t miss the opportunity to fill his country’s coffers with more Bitcoin during the latest price crash.

El Salvador spent $15 million to buy 410 BTC. We believe that the president is on the right track, and his actions have already put his small Central American country in the history books last year. El Salvador became the first country to adopt BTC as legal tender. This happened in September 2021, and the country’s government has since been buying more Bitcion, as well as supporting the crypto industry.

At TimeCoinProtocol we are actively participating in the crypto life of that exact region and promoting crypto initiatives! We believe that the future belongs to crypto!

https://www.timecoinprotocol.com

Why do other coins go down when BTC drops?

Over the past week, the cryptocurrency market has lost over 25%. Bitcoin alone has dropped by more than $9,000! Following BTC, altcoins also spiraled down.

Altcoins follow the movements of Bitcoin. That is primarily because, in the long run, BTC has the most influence on the crypto market.

However, experts agree that BTC, along with the most promising altcoins, is bound to regain the lost momentum and continue to grow. The best way to view market drops is as a new opportunity to buy on favorable terms!

 https://www.timecoinprotocol.com

NFT Future Explained by Experts

These days NFTs appear to be the most discussed technology in 2021! The year of 2022 won’t be an exception! Our NFT marketplace is an integral part of our project, and we are closely monitoring the industry! Let’s think ahead a little: what’s in store for this technology? What does the future hold for NFT? Let’s see what experts believe.

NFTs have the power to revolutionize the way we combat forged documents. For example, tokens can make identifying fake diplomas easier.

Tokens can permanently change the copyright system when it comes to digital content, protect crypto art and videos from illegal reproduction, and allow streaming services to license movies and TV shows way faster.

NFTs are intensively used in games with internal purchases in order to confirm ownership of virtual items. First and foremost, this is necessary to enable players to transfer items between their accounts, resell these items, and use tokens to prove ownership.

Thanks to NFTs, content creators (artists, musicians, video makers, bloggers) can earn money without intermediaries and receive funds directly from the audience. Moreover, NFT makes earnings on exclusive (and expensive) deals possible.

Operations with NFT tokens are generally way faster than operations with physical objects, which also exerts a positive impact on the implementation process. With this technology, it will be easier for users to work in previously bureaucratic areas. Now registration and reaffirmation of rights, authentication and other tasks can be performed automatically.

 https://www.timecoinprotocol.com

TimeTicket — Company Behind TimeCoinProtocol

TimeCoinProtocol is a project built on a solid foundation, and that is TimeTicket, Inc. successfully operating for its clients for years.

The existing TimeTicket platform is a popular platform that connects people who wish to buy and sell skills and exchange knowledge. The decentralized TimeTicket dApp expands these services and offers direct peer-to-peer interactions without intermediaries. As a separate business unit TimeTicket Inc, will have a greater degree of flexibility when raising funds.

Since merging with Globalway in November 2016, TimeTicket has grown rapidly. Sales have increased more than thirteenfold and the platform has now reached approximately 160,000 active users and annual transactions in excess of 12,000. This makes TimeTicket one of the fastest growing sharing economy platforms currently operating. TimeTicket is currently only available in Japanese, but as TimeTicket expands to new markets TimeTicket’s conversion rate, repeat user rate, and the average lifetime of active users is comparable to some of the world’s most successful online companies. During 2018, 6% of users continued to trade three months after their first use of a TimeTicket service. This is on par with the activity of repeat purchasers on successful e-commerce websites such as Amazon, Flipkart, and eBay.

https://www.timecoinprotocol.com

Why Are We Deploying TimeCoinProtocol On ETH Blockchain?

Those who have been with us since the very start may remember that initially, TMCN was planned to be deployed on the EOS blockchain, but later we decided to switch to Ethereum!

High transaction throughput is necessary for TCP due to the range of dApp services available and TCP’s large expected aggregate user base.

What ETH has going for it is the sheer number of developers working with it, the number of DeFi and NFT projects deployed, and we want the platform to be well-positioned to reach the maximum number of people!

ETH continues its development, becoming and better better each year for both developers and users!

All of the above made us pick ETH as the foundation for the TimeCoinProtocol project.

https://www.timecoinprotocol.com

🤔Vitalik Buterin asks Twitter followers which currency they prefer to best Ethereum

📚Vitalik Buterin has launched a survey on his Twitter. He asked his followers to pick the best currency for the next 15 years except for ETH.
 
📣“You wake up in 2035 and 80% of all transactions and savings in the world are in one currency that is not ETH. Which would you prefer it to be?”, he asked.
 
📌Bitcoin came out as the winner, with some 410 thousand votes. Second place went to ADA with 30%, with SOL coming in third. USD came last.
 
💭What’s your take on this? Which coin does the future belong to, and which coin would you vote for?

🎯 https://www.timecoinprotocol.com

Guide for the best crypto services on the market

These services will help both newbies and more sophisticated cryptocurrency users. Some of the services help you figure out how to work with certain assets more efficiently, others provide all the valuable information in one place. Which services are those? Let’s find out!

Aggregators: these are the websites that gather data about cryptocurrency projects and coins from all over the internet and let you access it all in one place.

Blockchain explorers: let you peer into actual blockchains and see the transactions, inputs, outputs, network statistics and other data. You can always see the latest data on each network’s hashrate and congestion.

Decentralized exchanges, or DEX for short: blockchain-based services for exchanging digital assets. In contrast with centralized platforms, DEXes don’t have a central validator authority, and every transaction is mediated through smart contracts!

DeFi aggregators: these are the services that allow tracking TVLs and other asset information for various DeFi protocols.

As you may see, there are hundreds of services that can make your life as a cryptocurrency user much easier!

https://www.timecoinprotocol.com

📣TimeCoinProtocol website is available in a different languages

💭TimeCoinProtocol is an international project! This is why the project’s website is available in multiple languages:

🇬🇧 English
🇨🇳 Chinese
🇰🇷 Korean
🇷🇺 Russian
🇯🇵 Japanese
🇫🇷 French
🇩🇪 German
🇪🇸 Spanish
🇵🇹 Portuguese

📚If it has been a while since you have visited our website, you’re more than welcome to come by: https://www.timecoinprotocol.com

Why Is GameFi Trending?

And so 2022 is upon us — what will it be like for the crypto industry? Every year introduces new trends. For example, last year (2021) was the year of Decentralized Finance (DeFi). As we wrap up this year, GameFi has been arguably the greatest trend in the crypto space. Perhaps, we are looking at a year of GameFi!

GameFi combines video games and decentralized finance powered by blockchain technology.  The rise of GameFi can be traced to the fact that everyone loves being rewarded for their actions. The gamification concept brought that to reality, and many people went “head over hills” to get involved with it.

Another reason why GameFi is trending is that it has helped improve some fundamental parts of the crypto market. For example, GameFi makes it possible for players to get paid for trading.

Everyone loves games, and getting rewarded in the process makes it more fun and valuable, thereby increasing the prospect of GameFi in the crypto industry.

We would like to remind you that TimeCoinProtocol is not just a sharing economy project — we are developing our DeFi and NFT sections, as well as an esports project!

Learn more about us on the website https://www.timecoinprotocol.com

Why is TMCN a high-potential project?

Despite facing issues with the market at the end of 2021, we believe TMCN will find its rightful place on the market and stay successful for decades to come! Why do we believe that?

TimeCoinProtocol is more than just a platform, it’s a true decentralized sharing economy ecosystem built on the Ethereum blockchain. Our platform contains the hottest trending aspects of the cryptocurrency market: DeFi, NFT, Gig Works, Games and eSports.

If you take a closer look at any of these fields, you’ll see how they are growing by leaps and bounds, with even more growth ahead. These are the fields that draw the most attention! And that’s what makes us believe we’re on the right track!

https://www.timecoinprotocol.com 

Who Satoshi Nakamoto is?

One of the biggest news stories last week was that of a possible connection that could shed light on Satoshi Nakamoto — the father of Bitcoin.

Bitcoin and Hashcash (a proof-of-work system used to limit email spam and denial-of-service attacks) were compiled on the same machine. The Hashcash system was developed by Adam Back in 1997 and is currently being used in BTC.

Every compiler generates a unique linker depending on the computer’s configuration, and in this case the two programs turn out to share the same unique string.

What do you think about this one?

https://www.timecoinprotocol.com 

What Sets TimeCoinProtocol Project Apart

As you may know, TimeCoinProtocol provides a platform on which to build a fairer sharing economy. A decentralized sharing economy protocol using the Ethereum blockchain. However, let’s take some time to remember the main points about TimeCoinProtocol that set it apart from the rest of the projects! These are:
   
Open source and community managed;
No data reselling;
No deplatforming;
No exploitation of monopoly position.

These are the key aspects that we keep in mind while implementing the TimeCoinProtocol project!

 https://www.timecoinprotocol.com 

Crypto market is in red zone

Some time ago The Fear & Greed Index dropped to 10 points (extreme fear), which means that there is panic in the cryptocurrency market. However, don't forget that there's two sides to any coin: since the index was created in 2018, 10 points and below have been a strong buy signal. This happened in December 2018, March 2020, June and July 2021, after which the entire market rallied.

Whether the crypto winter has come or the market is waiting for a reversal - only time will tell!

https://www.timecoinprotocol.com 

Three simple tips for traders

We regularly post useful and actionable information for traders, and today we would like to share three simple, but oft-overlooked tips.
 
Focus on the process, not the results. The process is trading itself. Work on making sure you are trading with confidence and stick to your plan while keeping your risk where you want it to be. Overly focusing on making money will ultimately poison your strategy.
 
Don’t try too hard. It sure is a paradox, but it has proven itself time and time again. On the one hand you have to devote a lot of time to the craft to be successful at it. On the other hand, if you try too hard, you are likely to overtrade and end up losing money. Learn technical analysis. Learn to identify key levels, trends and consolidation periods. Make risk management paramount to your strategy.
 
Take on responsibility. You can’t become the best trader there is if you don’t take 100% responsibility. Try to analyze your every win and loss and learn from them to improve even more. Constantly work on your mistakes.
 
Follow these tips to grow and improve as a trader.

 https://www.timecoinprotocol.com 

Global eSports market to double in 2022

The average growth rate according to PwC projections will be 18.4%. The key growth drivers will be sponsorship revenues, media rights revenues, and advertising during livestreams, which can amount to hundreds of millions of dollars in 2022!

This means it’s time to join this market! If you haven’t got in yet, why not visit eSportStars and learn more about this market at https://esportstars.jp

TimeCoinProtocol architecture

The architecture of TCP is designed to create a productive ecosystem in which cooperation and healthy competition drive development. The connective protocol layer encourages users to engage in cross-dApp usage by allowing them to carry their transaction history, evaluations, and reputation between dApps. This will motivate dApp providers and in-dApp vendors to constantly strive to improve their products and services.

Decentralized Applications

Decentralized applications (dApps) through which the sharing economy is realized via the peer-to-peer trading of products and services.

Application Common Libraries

The TCP Application Common Libraries are a JavaScript-based catalog of developer tools which are openly accessible to all TCP developers.

Open Source Search Server

The Open Source Search Server provides a search function that will allow users to search for products and services in TCP dApps.

TimeCoinProtocol

The protocol offers a number of functions including account management, dApp browsing, product or service transactions, settlement, scoring, and token reward allocation. The protocol acts as an intermediary system which facilitates interactions between dApps, IPFS and the Ethereum blockchain as well as external arbitrators and oracles where necessary.

InterPlanetary File System (IPFS)

A distributed storage facility called the InterPlanetary File System (IPFS) which holds the product and service information for dApps.

Ethereum Blockchain

The Ethereum blockchain upon which TCP runs.

https://www.timecoinprotocol.com 

DeFi Market Recap

DeFi TVL ends 2021 at ~$100B!

We started talking about DeFi because TimeCoinProtocol is implemented in this area! So we decided to take a look at the DeFi market today with you to celebrate its success!

The total value locked (TVL) in Ethereum DeFi dropped down $85B before rebounding to its present position just shy of $100B. With 2021 now in the books, that means the ecosystem’s officially seen 300% growth from the $25B TVL it notched at this point last year!

 https://www.timecoinprotocol.com 

Most successful new projects of 2021

Back at the beginning of 2021, there were 10,000 cryptocurrencies on the market, and now there are 15,000. The numbers speak for themselves. In 2021, quite a few high-profile projects have emerged. Some of them we won’t even remember any time soon, but there are others that have made a strong presence and promise to last. Today our review is dedicated to those that are here to stay.

Polygon Network cryptocurrency (MATIC)

This is an offshoot of the Ethereum blockchain that was created to accelerate applications and smart contracts. Previously called the Matic Network, it was rebranded in February 2021. Thanks to this project, developers have been able to move their already working projects to the Ethereum ecosystem and avoid scaling issues.

Mina Protocol cryptocurrency (MINA)

The Mina protocol is a minimal blockchain designed to reduce computational requirements in order to run DApps more efficiently. Its blockchain size is only 22Kb (by comparison, the Bitcoin blockchain is 300GB).

Internet Computer cryptocurrency (ICP)

Internet Computers are designed in such a way that the entire network can be managed by large holders of coins.In the future, the project expects to compete with such giants as Google, Facebook and Amazon and break the monopoly of centralized platforms of IT corporations.

Clover Finance cryptocurrency (CLV)

Clover Finance (CLV), or simply Clover, is a blockchain operating system. It provides a universal, easy-to-use blockchain infrastructure and an Ethereum Virtual Machine (EVM)-compatible framework for Substrate-based applications.

As you can see, Bitcoin (BTC) and other popular cryptocurrencies have already come a long way and gained solid value. TMCN is still at the beginning of its journey, but we all believe that 2022 will be successful for it and will bring development to our project!

 https://www.timecoinprotocol.com 

Happy New Year from TimeCoinProtocol!

On the last day of 2021 we would like to wish you all a Happy New Year! We are thankful to every one of the TimeCoinProtocol community members for your unyielding support and continued trust in our project in the coming year.

We wish for 2022 to bring you more luck than ever, and for all your personal projects to bring you fulfillment and happiness!

Happy New Year!

https://www.timecoinprotocol.com 

📣Key crypto stories and events of 2021

💭Let’s look at the key events on the cryptocurrency market in 2021.

🎯El Salvador introduced Bitcoin as a legal tender. The country’s government opened up a national Bitcoin fund.

🎯China banned mining, linking it to energy deficits in the country. In its turn, the US saw an almost immediate rise in Bitcoin production.

🎯Tesla invested $1.5 billion in Bitcoin. Subsequently, the company sold some 10% of its BTC holdings to “test liquidity”, as per Elon Musk.

🎯The DeFi market exploded, setting a solid decentralization trend: decentralized internet domains, decentralized file storage and other tech have all entered the broader public discourse in 2021.

🎯NFTs became a booming success, putting blockchain technology beyond its initial scope of application.

🎯In 2021, Avalanche, Solana, and Polkadot showed that altcoins can attract serious institutional investor attention to both the underlying tech and their publicly traded native tokens.

💭These are just the tip of the iceberg when it comes to stories the market has seen in 2021! Let us know in the comments if we missed some other major development that took place this year.

https://www.timecoinprotocol.com