Author: CryptoHoppers

The Debate of ETH vs. SOL and the Overlooked Layer 2 Conversation In the bustling realm of Non-Fungible Tokens (NFTs), the debate between Ethereum (ETH) and Solana (SOL) often garners significant attention. However, an equally pivotal discussion lies in the evolution of Ethereum’s network, particularly its expansion from Layer 1 (L1) to a diverse ecosystem of Layer 2 (L2) solutions. This shift addresses two primary criticisms of Ethereum’s L1: high gas fees and slower transaction speeds. Ethereum’s Layer 1: The Foundation of Trust and Security Ethereum’s L1 is often criticized for its high gas fees and relatively slower transaction speed.…

A PancakeSwap proposal to reduce the maximum supply of the decentralized exchange’s native CAKE -2.43% token from 750 million to 450 million has concluded with nearly 98% of votes in favor of the move.On Thursday, the multi-chain decentralized exchange project posted a vote proposal to reduce the maximum token supply of CAKE. The voting period has concluded, and the final results reveal a 97.88% majority in favor of reducing the maximum supply from 750 million to 450 million.The updated maximum token supply figures for CAKE are expected to be officially reflected on major price-tracking platforms, like CoinGecko and CoinMarketCap, by…

Injective has announced the End of the Year Treasure Hunt, an event that seeks participants to venture across the ecosystem and find twelve hidden secret words. The Treasure Hunt event is currently taking place with support from related dApps, or decentralized applications, to give the top 3 players a share of the prize pool and exclusive goods. The same number of dApps have hidden twelve secret words. Players must interact with dApps and complete specific actions to unlock the hidden word. Then, they must submit the entries to Injective through a Google Form, a link to which has been shared…

Welcome to the dynamic and ever-evolving world of NFTs in 2024. As a digital artist navigating this space, personal branding has never been more crucial. This guide is tailored to help you carve out your unique niche in the NFT art community, ensuring your work not only resonates with your audience but also stands out in the burgeoning digital art market. 🎨 Chapter 1: Defining Your Digital Artistry Crafting Your Unique Artistic Identity: Delve into what makes your art unique. Is it your innovative use of mixed mediums, your distinct narrative style, or your groundbreaking digital techniques? This chapter helps…

According to the Chief Revenue Officer of Bitcoin IRA, Chris Kline, with the hanging issue of consent for a spot Bitcoin exchange-traded fund (ETF) going in their favor, the retirement savers will be able to gain from the connectivity with their company’s 401(k) plans. If they are eligible, it can also be possible for solo 401(k)s and self-directed IRAs. In his opinion, this could lead to the mass acceptance of Bitcoin.   If all goes well, the retirement savers will be linked to Bitcoin but will not obtain ownership of the cryptocurrency coins. Everyone involved is waiting for the final decision…

In a notable shift, the Epic Games Store has updated its policies to permit the inclusion of blockchain-based games on its platform. This move marks a departure from its previous stance and sets Epic Games apart from other digital distribution platforms.  However, the implementation of this new policy has raised concerns surrounding content guidelines and the application of age ratings, particularly about games featuring play-to-earn mechanics. Epic Games Store Embraces Blockchain Games According to a PC Gamer report, unlike its competitor Steam, which banned NFT games in 2021, the Epic Games Store has demonstrated a more open-minded approach.  The CEO…

   A Journey Beyond Words Paul Prudence, an artist renowned for his innovative typewriter drawings, offers a captivating blend of traditional writing instruments and modern artistry. His journey into this unique art form began with a serendipitous encounter with an old Silver Reed typewriter, which he discovered in a charity shop. Initially intended as a typewriter, this machine soon became the foundation of his artistic exploration. Paul’s work is deeply influenced by the concrete poetry movement, which merges visual and verbal elements to create art that speaks both through its form and content. The typewriter, with its mechanical precision and…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BONK is trending after it rose 316% in one month, peaking at $0.000035 on Dec. 15. The surge follows its listing on Binance and Coinbase. But after the initial excitement wore off, BONK retraced by almost 50% in the 12 days. Bonk drops as traders take profits Listings on Binance and Coinbase often spark some excitement, leading to temporary price spikes.  However, this excitement is frequently followed by a market correction as early investors cash out, a trend evident…

Surviving the Bear Market: Claiming Your $FRAME Tokens The NFT world is buzzing with excitement over the latest innovation: Frame Network. It’s not just a new platform; it’s a game-changer for creators and collectors alike. If you’re an NFT enthusiast who’s navigated the murky waters of the bear market, you might have just struck gold with $FRAME tokens. Frame Network: More Than Just a Platform Frame isn’t just another network; it’s the Layer 2 solution designed specifically for NFT transactions. Its integration with Ethereum and the innovative use of the Arbitrum Nitrostack sets it apart, offering lower fees, faster block…

Blockchain is still in the beginning stage of development, with miles to go to reach its actual potential. The growing demand for this technology proves that businesses have already recognised the relevance of this technology.The Blockchain Market Report 2023 brings you a clear picture of the present state of the market. It will help you understand the pace of the technology’s growth. Let’s read the report, meticulously developed by Coinpedia.   1. Blockchain Market 2023: General OutlookAs of December 2023, the global blockchain market is on the verge of achieving its $17.21 billion target. This surge is fueled by companies offering blockchain…