War in the crypto-verse.
The crypto-verse might be heterogeneous but the fact is that, is the Bitcoin and these altcoins at rest or waging war against each?
Heterogeneous verse; the crypto-verse.
The launch of new coins and tokens, the adoption of these coins and tokens matters in the crypto-verse and our world.
Are the masterminds behind these tokens really planned for any sabotage by hackers or even for future rivals(Altcoins)????. The question remains cause there is no answer to it and if you have an answer you can add it to the comment box below this article.
"Crypto-verse would keep having crisis if there is no cooperation between all coins and tokens".
-Bige
The darkest history of the crypto-verse.
There are lots of times when many Defi were hacked and the hackers were unknown yet right and about technologies could have been enforced to protect these Defi platforms that experienced a large loss in the past years.
Scams and money embezzlement has made a lot of people quit investing in cryptocurrencies and thus about 20million the victimized every year.
https://read.cash/@Big-E/the-good-and-dark-times-in-crypto-verse-eed28335.
" There is no way a Defi could be hacked if there is no cooperation between a working staff and a hacker"
-Bige
Decentralization under attack.
The past experiences in the crypto-verse where many Canadian truck drivers and Russia Wallet were frozen due to some certain reason show that decentralization is under attack.
Stable coins are centralized coins just like assets bought in companies that can be frozen anytime and can be reverted.
Thanks to @scottcbusinessgave out the main keys and how decentralization is sabotaged and you can check out the reference
https://read.cash/@scottcbusiness/decentralization-is-under-attack-44a24c93
"Nothing is saved now even decentralization can be sabotaged just like how bank freeze user's account if there are any transactions above the transaction limit that was set up in the account ".
-Bige.
The war between coins and tokens; rivalry in the crypto-verse
The war is hidden only a few know about it, after the launch of Bitcoin, the rise of the litecoin era started because of certain features and things Bitcoin couldn't achieve and that was the beginning of the era of altcoins.
Bitcoin.
The first p2p decentralized coin is the leading coin on the crypto-verse according to the coin market. cap.
Any single dip in the price of other coins and tokens follows its lead.
Check more information on Bitcoin on its official website.
Bitcoincash.
The p2p electronic cash is a decentralized coin that allows fast transactions, low fees, and different opportunities on the crypto-verse.
The coin so far since its launch has about 13 projects listed on its official website.
The smartbch is also a replacement for Ethereum and the facts can't be denied since the active users are more than thousands and up to 300active projects on the smartbch network.
Polygon.
The feeless computer in the smart verse, polygon support fearlessness even in transactions of Nfts and the building of Nfts on its blockchain.
The aim of the coin is to outrage Ethereum itself, since Ethereum transactions piss many investors off so polygon is a replacement for Ethereum.
Check for more information on polygon's official website
Ethereum.
Ethereum is the first computer on the crypto-verse and has attained a great height since its launch as one of the most used coins and a large number of transactions are made on its network.
Its official market for nfts is the open sea and another minor marketplace.
More info.
Altcoins are threats to Bitcoin as well as to bitcoin's forks and since the beginning of the crypto-verse, there has been a lot of war between coins as well as tokens.
The war in the to-verse is either planned by haters of the progress of cryptocurrencies and can either be government planned or even unconsciously planned by the founder of coins or the masterminds behind the projects.
Our roles in the promotion of Bitcoincash.
My most recent articles are about the promotion of Bitcoincash and how children get to know about Bitcoincash and its adoption.
Thanks, coin.com what made it known to us about merchants who are close to us that accept Bitcoincash as payment
The adoption and usage of Bitcoincash are what we investors and users of Bitcoincash are expected to do.
Articles about the promotion of Bitcoincash.
https://read.cash/@Big-E/bitcoincash-promotion-in-west-nigeria-conversation-with-the-chairman-of-my-community-6fd58fda.
https://read.cash/@Big-E/bitcoincash-is-for-all-44531de7.
https://read.cash/@Big-E/bitcoincash-promotionnavigating-through-the-bitcoincash-token-groups-on-the-smart-bch-network-2-5d9ab076.
https://read.cash/@Big-E/when-all-hopes-are-down-try-finding-joy-investing-in-new-tokens-ae8ab43b.
https://read.cash/@Big-E/bitcoincash-a-perspective-that-changed-my-live-41422f08.
Conclusion.
The war is not a kind of war that affects the users of these coins or tokens but it only helps to differentiate between the coins on the crypto-verse and helps to know the milestone a token has achieved so far.
The Russian and Ukraine war help investors to the hidden truth about these Centralized coins and tokens on the crypto-verse and how many Russians face challenges cause all centralized coins and tokens like USDTether and USDC and much more have been frozen in their exchange wallets and even in Decentralized wallets. So the crypto-verse is not safe thanks to centralized coins and tokens.
Copyright disclaimer.
All information this article carries facts and more information about the topic and all materials used in this article are mine unless stated otherwise.
The above information is used for enlightenment and educational purposes and the lead image is the source from pexels.com.
The information is free from erotic content and all the information is used for the promotion of cryptocurrencies.
