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Sakib Hossain
Apr 02, 2022
In General Discussion
Now that big finance, the big banks, are working hard with DeFi, you see Whatsapp Number List many startups building bridges with their products. Bridges between traditional finance and new crypto world. Synthetix is ​​the best-known example of this, Nexis does this nicely with insurance and many other startups will also launch their product on the Whatsapp Number List market next year. Virtual gas price is going through the roof The high costs that many people in Whatsapp Number List developing countries pay for sending money are often the marketing argument of enthusiasts to promote cryptocurrencies. Where easily 10-20% is charged by parties such as Western Whatsapp Number List Union, crypto transactions are often a fraction of this. For example, someone recently paid $0.80 for a $2 billion transaction in Bitcoin. But with the Ethereum blockchain, on which the majority of blockchain applications run, such as 'smart contracts', 'NFTs' and DeFi products, this is unfortunately no longer the case. The costs for transactions, the so-called GAS, Whatsapp Number List have increased by more than 300% in 1 year. Developers are therefore looking to other blockchain networks for the development of their applications, where Polkadot is currently doing well, which was set up by the co-founder of – yes – Ethereum. It is a much discussed topic and with all the new Whatsapp Number List technological developments from existing companies and new startups, I expect that the high costs will largely disappear in the coming year. Decentralized trading platforms What will certainly not disappear are the decentralized exchanges, such as Uniswap, Pancakeswap and Sushiswap.
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