Archive for the ‘Binance Smart Chain’ Category

Top Analyst Adds Solana, Polygon and Avorak AI To List of the Best … – Crypto Reporter

As the cryptocurrency market expands, new and promising coins are constantly emerging. With 2023 in full swing, top analysts have identified some exciting additions to the list of the best crypto coins this year. Solana, Polygon, and Avorak AI offer unique features, strong fundamentals, and impressive potential for growth and adoption.

Solana (SOL)

Solana is a high-performance blockchain network that provides a fast, scalable, and secure platform for decentralized applications (dApps). Founded in 2017 by Anatoly Yakovenko, a former Qualcomm engineer, Solana aims to address the scalability challenges of existing blockchain networks such as Ethereum. Solanas key feature is its ability to process large volumes of transactions quickly and cost-effectively. The SOL network uses a unique consensus mechanism called Proof of History (PoH), which allows it to verify transactions in parallel, rather than sequentially. This enables Solana to handle several transactions per second, far exceeding the throughput of other blockchains. Recent Solana news points to more bullish support at its resistance line.

Polygon (MATIC)

Polygon (MATIC) is a layer 2 scaling solution aimed at improving transaction speed, reducing fees, and enhancing overall scalability. It combines off-chain and on-chain solutions, including sidechains, Plasma chains, and rollups. MATIC is the native cryptocurrency of the Polygon network and helps in transactions, staking, and governance. The Polygon project has gained significant traction in DeFi, gaming, NFTs, and more. Polygon news predicts a price increase of approximately 115% in the next two years, followed by a further rise of over 500% between 2025 and 2030. This performance could be considered impressive for MATIC, but there could be some concerns to consider.

Avorak AI (AVRK)

Avorak AI is a new AI crypto that provides advanced AI systems to help retail and institutional players scale faster and improve their operations. The cryptocurrency is built on the Binance Smart Chain and its token. Avorak AI offers easy-to-use products, such as chatbots, image and text creation tools, and powerful command line input trading bots. Its ICO has gained attention due to its discounted prices for early investors and the new Priority Staking feature for ICO participants. This makes Avoraks ICO an attractive investment opportunity, with the potential to rank among the top altcoins.

Avorak AI is a new AI crypto built on the Binance Smart Chain that offers retail and institutional players fast, secure, and efficient AI technology. AVRK, the fuel of this ecosystem, has unlimited use cases, from payment for Avoraks services to staking and earning a portion of its revenue. After undergoing a successful CyberScope audit, Avorak also aims to develop its blockchain using a Proof of Learning validation system, with AVRX as the gas token. Avorak offers easy-to-use products like chatbots and image and text creation tools.

Currently, in phase 2, AVRK is priced at $0.105 with 9% on-top bonuses. The token price will rise through the phases to achieve a 350% increase at launch. Excitement is witnessed on Twitter and YouTube as crypto enthusiasts, and analysts take center stage.

Conclusion

Solana, Polygon, and Avorak AI are worth considering as part of your investment strategy in 2023, and the best crypto list is incomplete without the three projects. Avorak AI, with its unique offering leads the pack bearing the title of being the best-to-market platform.

Find more on Avorak AI here:Website: https://avorak.aiWhitepaper: https://avorak-labs-and-technology.gitbook.io/avorak-a.i-technical-whitepaper/

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

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Top Analyst Adds Solana, Polygon and Avorak AI To List of the Best ... - Crypto Reporter

PancakeSwap Unveils Upgraded Version On Binance Smart Chain – Blockzeit

PancakeSwap, the decentralized exchange platform, is launching a new version of Binance Smart Chain, featuring more competitive fees, improved liquidity, and a reward campaign.

PancakeSwap, the decentralized exchange platform, has recently announced that it is rolling out a new version of its application on the Binance Smart Chain (BSC). The upgrade includes more competitive trading fees, improved liquidity provisioning, and other new features. The move is part of PancakeSwaps continuous efforts to improve its features and make it easier for users to access its platform.

As part of the launch campaign, PancakeSwap also offers users $135k of its CAKE token. The campaign will last until April 3rd, 2023 at 12:00 UTC. Additionally, those providing liquidity to the exchange will receive a special NFT as a symbol of loyalty. The NFT, however, cannot be sold, which incentivizes users to continue providing liquidity to the platform.

You can learn more about the details by visiting their press release.

The PancakeSwap V3 upgrade comes when decentralized exchanges are growing in popularity despite still reeling from the effects of major crypto collapses like the FTX and Terra debacle.

PancakeSwap V2 is currently the fourth most popular choice among decentralized exchanges, with around $84 million in trading volume. Decentralized exchanges are a type of cryptocurrency exchange that operates on a decentralized network, meaning there is no central authority or intermediary involved in the exchange process.

One of the main benefits of decentralized exchanges is that they offer greater privacy and security for users. Unlike centralized exchanges, where users need to deposit funds and trust a third party to hold their assets, decentralized exchanges allow users to retain full control of their private keys and keep their funds in their own wallets. This is particularly important for users who are concerned about the security of their assets and who want to maintain control of their funds.

Decentralized exchanges also offer greater accessibility, as they can be used by anyone with an internet connection and a compatible wallet. This is particularly important for users in countries with limited access to traditional banking services, who may not have access to centralized exchanges.

The growth of decentralized exchanges has been fueled by the increasing demand for decentralized finance (DeFi) applications. DeFi applications are designed to provide traditional financial services using blockchain technology, which eliminates the need for intermediaries and allows users to have greater control over their financial assets.

The launch of PancakeSwap V3 on Binance Smart Chain is an exciting development for the decentralized exchange ecosystem. It offers users more choices and improved features and is likely to attract more users to the platform. As more users discover the benefits of decentralized exchanges, it will be interesting to see how this sector continues to evolve and grow.

PancakeSwaps new version is a positive development for the decentralized exchange ecosystem. It is expected to provide more options and opportunities for users to trade and participate in the DeFi ecosystem.

Along with the added improvements in the platforms features, we can expect further growth and innovation in the decentralized exchange space in the coming months and years.

Edmond is a passionate writer for Video games, GameFi and Web3. He has worked for top GameFi companies and video game/crypto news websites.

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PancakeSwap Unveils Upgraded Version On Binance Smart Chain - Blockzeit

How to Create javascript WebSockets Subscriptions to Ethereum and Binance Smart Chain through ethers.js? – Benzinga

Creating a WebSockets subscription to Ethereum and Binance Smart Chain using ethers.js can be useful for developers for several reasons, including scalability and easier integration.

Using NOWNodes to create WebSockets subscriptions to blockchain networks is a common practice. Javascript libraries such as ether.js have been a popular framework for WebSockets development.

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WebSockets subscription is similar to an Event Listener in Javascript. There are several reasons why an Event Listener is essential. This article illustrates creating simple BSC WebSocket and Ethereum websocket subscriptions to popular Blockchain networks like Ethereum and Binance Smart Chain.

Why create a Javascript WebSockets subscription

Javascript WebSockets subscription is either the Ethereum blockchain or the Binance Smart Chain is important for several reasons. Below are some of the reasons to develop a WebSockets subscription.

WebSockets are communication protocols that enable real-time, two-way communication between a client (such as a web browser) and a server. It provides a persistent connection between the client and server, sending and receiving real-time data.

Constant communication is often established through Websockets API. The WebSockets API provides methods for opening and closing connections, sending and receiving data, and handling errors and events. WebSockets offer a powerful and flexible way to enable real-time communication between client-side and server-side applications. They have become essential for building modern web applications crucial for blockchain and web 3 development.

Platforms like NOWNodes provide more straightforward ways to establish such connections, making it much easier to alleviate the need for a technical developer team. Below is a step-by-step guide on importing the ethers.js library and developing WebSockets subscription to the Ethereum blockchain network and Binance Smart Chain.

How to import ethers.js library and create WebSockets subscription

To use the Ethers.js library, first of all, you need to learn how to install ethers. npm install ethers Then you can import it using the code below.

const { ethers } = require("ethers");

After importing, you create a provider instance directly connecting to the preferred blockchain network. In this case, either the Ethereum blockchain or the Binance Smart Chain. Below is the line of code to create the required connection using NOWnodes.

const provider = new ethers.providers.WebSocketProvider("'wss://bsc.nownodes.io/wss/YOUR_API_KEY');

It is important to note that you'll be required to replace YOUR_API_KEY with your actual NOWNodes API key in development.

Subsequently, create a contract instance using the below line of code.

const contractAddress = "0x..."; // The contract address you want to interact with

const abi = [...] // The ABI of the contract

const contract = new ethers.Contract(contractAddress, abi, provider);

Next, you should create a subscription to an event emitted by the contract. To do so, you'll need to implement the code line below.

contract.on("EventName", (arg1, arg2, event) => {

console.log("Event received:", arg1, arg2);

});

Important Notes:

Below is the code for WebSockets that connect to the Binance Smart Chain blockchain network using the NOWNodes node provider.

const { ethers } = require('ethers')

const url = 'wss://bsc.nownodes.io/wss/YOUR_API_KEY'

const EXPECTED_PONG_BACK = 15000

const KEEP_ALIVE_CHECK_INTERVAL = 7500

const startConnection = async () => {

const provider = new ethers.providers.WebSocketProvider(url, {

name: 'binance',

chainId: 56,

})

let pingTimeout = null

let keepAliveInterval = null

provider._websocket.on('open', () => {

console.log('Connect')

keepAliveInterval = setInterval(() => {

console.log('Checking if the connection is alive, sending a ping')

provider._websocket.ping()

// Use WebSocket#terminate(), which immediately destroys the connection,

// instead of WebSocket#close(), which waits for the close timer.

// Delay should be equal to the interval at which your server

// sends out pings plus a conservative assumption of the latency.

pingTimeout = setTimeout(() => {

provider._websocket.terminate()

}, EXPECTED_PONG_BACK)

}, KEEP_ALIVE_CHECK_INTERVAL)

})

provider._websocket.on('close', () => {

console.error('The websocket connection was closed')

clearInterval(keepAliveInterval)

clearTimeout(pingTimeout)

startConnection()

})

provider._websocket.on('pong', () => {

console.log('Received pong, so connection is alive, clearing the timeout')

clearInterval(pingTimeout)

})

provider.on('block',(block)=>{

console.log('New block!', block)

})

}

startConnection()

Some advanced features of ethers.js for creating Ethereum/BSC WebSockets

Ethers.js provides a variety of advanced features for creating Ethereum WebSocket and BSC websocket subscriptions. Here are a few examples:

You can filter events based on specific parameters using the `ethers.utils` library. For example, to filter for a specific token transfer event, you could use the following code:

const filter = {

address: contractAddress,

topics: [ethers.utils.id('Transfer(address,address,uint256)')],

fromBlock: 'latest'

};

const logs = await provider.getLogs(filter);

If the WebSockets connection is lost, Ethers.js will automatically attempt to reconnect to the Ethereum node. You can also configure the number of reconnection attempts and the delay between attempts using the WebSocketProvider options.

For instance, to configure the WebSockets provider to retry every 5 seconds for up to 10 times, you could use the code below:

const options = {

reconnect: {

maxAttempts: 10,

delay: 5000

}

};

const provider = new ethers.providers.WebSocketProvider('wss://bsc.nownodes.io/wss/YOUR_API_KEY');

This code creates a reconnect object in the provider options that specifies the maximum number of attempts and the delay between attempts.

Using the provider, you can send multiple requests to an Ethereum node in a single batch.send() method. This can help reduce latency and improve performance. For instance, to retrieve the balances of multiple accounts in a single batch, you could use the following block of code:

const requests = [

{ method: 'eth_getBalance', params: ['0x123...', 'latest'] },

{ method: 'eth_getBalance', params: ['0x456...', 'latest'] },

{ method: 'eth_getBalance', params: ['0x789...', 'latest'] }

];

const results = await provider.send('eth_batch', requests);

What you get with NOWNodes service:

NOWNodes offers three paid plans, pro, business, and enterprise. It also provides a FREE plan suitable for small projects.

Start: FREE/ 100,000 requests per month + 1 API key and access to 5 nodes.

Pro: 20 / 1,000,000 requests per month + up to 3 API keys and access to all nodes Business: 200 / 30,000,000 requests per month + up to 25 API keys and access to all nodes.

Enterprise: 500 / 100,000,000 requests per month + up to 100 API keys and access to all nodes.

Conclusion

For several reasons, creating WebSockets with platforms such as NOWNodes can be important for maintaining high-security levels, constant uptime, and interoperability. Using the code snippet above, you can establish BSC WebSocket and Ethereum WebSocket using Ethers.js. The resulting WebSockets subscription would ensure Real-time communication, enhanced security, and scalability to ensure the growth of Web 3 projects.

Media Contact Company Name: NOWNodesEmail: Send EmailCountry: EstoniaWebsite: https://nownodes.io/

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How to Create javascript WebSockets Subscriptions to Ethereum and Binance Smart Chain through ethers.js? - Benzinga

The Importance of Staying Up-to-Date with the Latest BSC News for … – BSC NEWS

From identifying new investment opportunities to gaining a deeper understanding of the crypto ecosystem, there are many perks that come with sticking with BSC News.

BNB Chain is quickly becoming one of the most popular blockchain networks for decentralized finance (DeFi) applications, and as such, investors need to stay informed about the latest news and trends related to this network.

Here are a few reasons why staying up-to-date with BSC news is so important:

As more and more projects launch on BSC, investors need to know which ones are worth their time and money. By following BSC news sources, you can stay up-to-date on new project launches and token listings, allowing you to make informed investment decisions.

As with any blockchain network, BSC is constantly evolving and changing. By staying informed about updates to the network, you can ensure that you're taking advantage of new features and optimizations that could benefit your investments.

By keeping an eye on BSC news sources, you can also stay informed about potential risks to your investments. For example, if a new project on BSC is found to be a scam or a security risk, you can take steps to protect your funds before it's too late.

BSC is home to a rapidly growing ecosystem of DeFi applications and projects. For example, you might learn about a new yield farming protocol or a promising new decentralized exchange like biticodes that you can invest in early.

Finally, staying up-to-date with BSC news can help you gain a deeper understanding of the BSC ecosystem as a whole. By following news and analysis from reputable sources, you can learn more about how BSC works, what its strengths and weaknesses are, and how it fits into the broader crypto landscape.

One great source is Bsc.news, a website dedicated to providing up-to-date news and analysis on everything related to BSC. The site covers everything from new project launches and token listings to network updates and market trends, making it a one-stop shop for all your BSC news needs.

In addition to Bsc.news, you can also follow BSC-related social media accounts, such as those run by the Binance team, to stay informed about the latest news and developments. By staying up-to-date with BSC news, you'll be better equipped to make informed investment decisions and stay ahead of the curve in the fast-paced world of cryptocurrency.

Therefore, staying informed about the latest BSC news is essential for any crypto investor looking to stay ahead of the curve. By following reliable news sources like Bsc.news, you can stay up-to-date on new projects, network updates, market trends, and more. This can help you make more informed investment decisions, identify potential risks, and discover new opportunities for growth and profit in the exciting world of crypto.

Now that we've established why it's important to stay informed about BSC news, let's talk about how you can do it. Here are a few tips to help you stay on top of the latest developments:

As mentioned earlier, Bsc.news is a great source of BSC news and analysis. Follow BSC-related social media accounts: In addition to Bsc.news, you can also follow BSC-related accounts on social media platforms like Twitter and Telegram. These accounts can be a great source of real-time updates and news, as well as community-driven insights and analysis.

By joining BSC-related communities on platforms like Reddit or Discord, you can stay informed about the latest news and developments while also connecting with like-minded individuals. Due to the global pandemic, many BSC-related events have gone virtual. Attending these events can be a great way to learn about new projects and network updates directly from the source. Keep an eye out for virtual events hosted by the Binance team or other reputable organizations.

By using these strategies, you can stay informed about the latest BSC news and trends, allowing you to make more informed investment decisions and stay ahead of the curve in the fast-paced world of crypto.

It is important for crypto investors to remember to do their own research before making any investment decisions. While staying informed about the latest news and trends can be helpful, it's also important to take the time to thoroughly investigate any project or token you're considering investing in. This includes researching the team behind the project, analyzing the project's whitepaper, and checking for any red flags or warning signs. By combining your own research with the latest BSC news and trends, you can make more informed investment decisions and minimize your risk in the volatile world of cryptocurrency.

Subscribing to Bsc.news can provide numerous benefits for BNB Chain investors. By subscribing to their newsletter, investors can receive regular updates on new project launches, token listings, network updates, and market trends. This information can help investors make informed decisions about their investments, identify potential risks, and discover new opportunities for growth and profit in the fast-paced world of crypto.

Additionally, Bsc.news provides in-depth analysis and expert insights on the BSC ecosystem, giving investors a deeper understanding of how it works, its strengths and weaknesses, and how it fits into the broader crypto landscape.

Overall, subscribing to Bsc.news can be an excellent way for investors to stay up-to-date with the latest BSC news and trends, allowing them to make more informed investment decisions and stay ahead of the curve in the ever-evolving world of cryptocurrency.

In conclusion, staying informed about the latest Binance Smart Chain (BSC) news is essential for any cryptocurrency investor who wants to stay ahead of the curve. From identifying new investment opportunities and potential risks to gaining a deeper understanding of the BSC ecosystem, keeping up with the latest news and trends is vital for making informed decisions.

Fortunately, there are several ways to stay up-to-date with BSC news, such as bookmarking Bsc.news, following BSC-related social media accounts, joining BSC-related communities, and attending virtual events.

It's also about staying engaged with the vibrant and growing community of investors, developers, and enthusiasts who are driving innovation on this exciting blockchain network. So don't hesitate to get involved and stay informed about the latest BSC news and trends.

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The Importance of Staying Up-to-Date with the Latest BSC News for ... - BSC NEWS

How To Add Tron [TRX] To Metamask? [What Goes & What Not] – Captain Altcoin

Home De-Fi How To Add Tron [TRX] Network To Metamask?

The Tron network is an open-source, decentralized proof-of-stake blockchain founded by Justin Sun that allows smart contract functionality, similar to Ethereum.

Tron has its own native token called Tronix (TRX), which is one of the worlds top 20 cryptocurrencies, according to Coinmarketcap.

Apart from being traded on all major cryptocurrency exchanges, the TRX token is also used across its ecosystem for fees when swapping assets on dApps or sending TRC20 tokens such as USDT, collateral, or staking.

Unfortunately, no. Although it is similar to ERC-20 in terms of functionality, the TRC-20 token standard is different and incompatible with Metamask, a wallet that supports only EVM-compatible networks.

To enjoy the functionality of the Tron blockchain, like using SunSwap or other dApps, you should use an alternative compatible with the TRC20 standard, such as TronLink, a wallet available as an Android and iOS app or Google Chrome extension, just like Metamask.

If you are familiar with the Metamask wallet, using TronLink will be easy, as the two wallets have very similar features. The main difference is that TronLink is fully compatible with the Tron network ecosystem, unlike Metamask, which supports only Ethereum and other EVM (Ethereum Virtual Machine) networks.

Users can add the Binance-pegged (BEP-20) TRX version of the token, but that will be on the Binance network and wont actually add the Tron network to Metamask, meaning TRX will lose most of its functionality. Binance-pegged tokens are backed by native tokens. This lets users connect tokens to the Binance Smart Chain (BSC).

These pegged tokens can be created using the Binance bridge and have limited functionality, such as keeping the peg with native tokens, sending or receiving them on the BSC network, or swapping them on BEP-20-compatible dApps. You can always bridge pegged tokens back to native tokens.

To add the Binance-pegged TRX token to your Metamask wallet, you need to follow a few simple steps:

1. Visit https://coinmarketcap.com/currencies/tron and copy the contract address for the token (0x85eac5ac2f758618dfa09bdbe0cf174e7d574d5b).

2. Open your Metamask and make sure your wallet connects to the Binance Smart Chain network.

3. Click on import tokens in the lower section of the menu, paste the Tron BEP-20 token contract address into the field, and click on add custom token.

4.When you see the TRX logo, click the import token button to confirm the action and finish the process.

An important thing to remember when using the Binance-pegged version of the token is not to send any native TRX (TRC20) tokens directly to your Metamask BEP-20 address, as that may cause a permanent loss of funds. To bridge TRX (TRC20) tokens to Binance Smart Chain (BEP-20), you need to use its cross-chain bridge solution found here.

An alternative to bridging TRX (TRC20) tokens to pegged TRX (BEP-20) on the Binance bridge is to buy them on another cryptocurrency exchange platform that supports withdrawing TRX on the BSC BEP-20 network and have them sent to your Metmask Binance Smart Chain (BEP-20) address.

Metamask doesnt work with Tron because it has its own network and token standard (TRC20), even though it started out as an Ethereum-based token. To use the Tron decentralized ecosystem in a similar way you would do so on Metamask, you should download TronLink, one of the leading Tron-compatible wallet solutions on the market.

Although you can use the Binance-pegged TRX token on the BSC network on Metmask, once you bridge your native TRX tokens, you will lose all the security features and functionality offered by the Tron network, and you will have to put your trust in the BSC blockchain and Binance.

CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

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How To Add Tron [TRX] To Metamask? [What Goes & What Not] - Captain Altcoin