Blockchain
Coinbase Inspired Project Centcex Launch Public Sale
California, United States–(Newsfile Corp. – November 14, 2021) – Coinbase is one of the biggest blockchain-based cryptocurrency exchanges today. The native coin for Coinbase is called COIN. Coinbase exchange has been around since 2012 where it was just a platform to send bitcoin. Over the years, Coinbase has grown to be one of the biggest exchanges. Today, millions of investors are trading hundreds of tokens on Coinbase.
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The crypto market growth has seen new exchanges coming to compete with established exchanges like Coinbase. One of the exchange platforms currently competing with Coinbase is Centcex, which is soon launching a public sale. The native coin for the Centcex exchange is called CENX, Binance Smart Chain token.
Just like Coinbase, Centcex is planning to develop one of the biggest crypto exchanges. Centcex is inspired by Coinbase, but the team wants to build a more powerful ‘Coinbase’. According to the Centcex team, they want to address major flaws of Coinbase. The platform will also give users a better Coinbase experience.
These are a number of areas Centcex is going to compete with Coinbase. The team says they want to give Centcex users an experience they are missing on Coinbase. This includes easier coin trading, easier manoeuvres than Coinbase and even more tokens on the exchange than Coinbase.
Security has been a big issue with Coinbase and other exchanges. Coinbase has reported cases of hacking, with customers losing a lot of money. The recent Coinbase hack was at the end of September when hackers stole coins from 6,000 Coinbase customers.
Unlike Coinbase, Centcex will be providing users with high security and privacy features. The team is building a platform that will not have hacking issues. Coinbase has severally been hacked, but Centcex is going to put it to a stop.
Issues of user experience at Coinbase is another problem that Centcex will fix. The exchange is promising to give users a better experience. From buying to swapping coins, Centcex will offer a better experience.
What makes Centcex different?
Centcex exchange is also promising to address the speed issue, which is common with Coinbase exchange. Sometimes it can take time to complete a single transaction on Coinbase. This is a problem that Centcex team is eradicating to become the next Coinbase. With the scalability addressed, the exchange will process more transactions per second than Coinbase.
To compete with Coinbase, Centex is building a platform that will reward members. Centcex staking programs share up to 80% APY of revenue collected from network products. Such rewards are attracting more members, including the Coinbase community. Coinbase stake is not offering such a percentage to its members.
The other way Centcex is competing with Coinbase is by allowing token holders to stake with multiple staking pools. So staked CENX will be earning more rewards than Coinbase token. With its higher staking rewards, the exchange will automatically be a tough Coinbase competitor.
The Centcex team is developing more products in its ecosystem than Coinbase. The platform is setting aside 3% of the 10% tax collected from transactions to fund unlimited products. In future, Centcex is planning to host more products than Coinbase to generate more revenue for staked coins. The 3% of the tax will buy back and burn tokens from the liquidity pool.
Centcex has announced a public sale. This will be the first step towards building a Coinbase competitor. The team is raising resources to build the biggest Coinbase competitor. Coinbase is a good platform, and with the team promising a better Coinbase experience, this will be a crypto project to watch.
Centcex exchange will charge lower fees than Coinbase. Just like Coinbase, the platform will support both Android and iOS users. The user interface will be better to give users a better experience. With better rewards, Centcex has what it takes to excite the crypto community.
Centcex ecosystem is going to be one of the strongest in terms of products and user experience.
Media Contact
Ashley Henderson
Email – [email protected]
Website: www.centcex.com
Telegram: https://t.me/centcex
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/103466
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Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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