shib April

(1) What will happen to the shib coin in three or five years?

It will be gradually replaced by others. It should be noted that the shib coin has no core consensus, even the bottom layer of the basic cryptocurrency. There are no construction capital pools, loans, databases, exchange mechanisms, etc. It is just a token based on the Ethereum chain. This currency can only be short-lived, and everyone still needs to be cautious when investing.

Cryptocurrency (English: Cryptocurrency, often used plural Cryptocurrencies, also translated cryptocurrency, cryptocurrency) is a medium of exchange that uses cryptographic principles to ensure transaction security and control the creation of transaction units. Cryptocurrency is a type of digital currency (or virtual currency).

Bitcoin became the first decentralized cryptocurrency in 2009, after which the term cryptocurrency has been used to refer to such designs. Several similar cryptocurrencies have been created since then, often referred to as altcoins. Cryptocurrency is based on a decentralized consensus mechanism, as opposed to a banking financial system that relies on a centralized regulatory system.

Cryptocurrency other than Bitcoin

Cryptocurrency other than Bitcoin, also known as altcoins , Altcoin (English: altcoin), which is partly generated with reference to the idea, principle, and source code of Bitcoin. It is a virtual currency similar to Bitcoin. There are more than 800 kinds of cryptocurrencies in circulation.

From February to April 2017, the total share of altcoins in the total cryptocurrency market increased from 15% to nearly 40%.

Because Bitcoin itself does not have an authoritative issuer and state power to maintain its authority and uniqueness, Bitcoin and its imitators can only get along on an equal footing, although it is the earliest virtual currency, It is also the most well-known and most familiar, with the largest user network community, strong network effects, and most of the time it is also the cryptocurrency with the highest market value, but it does not have an absolute exclusive status.

(2) Is it late for shib coins to get on the bus now?

Abstract shib coins were born in August 2020 and have increased by more than 1,000 times so far. Getting in the car now and investing in shib coins is too late.

(iii) The difference between shib withdrawal erc20 and heco

What is the difference between USDT withdrawal TRC20 and ERC20? The difference between
erc20 and trc20 lies in different address styles, different network usage and different security. In the address style, erc20 starts with the number 0 and lowercase x, and trc20 starts with the uppercase letter T; erc20 on the network is based on Ethereum, and trc20 is the TRON network; in terms of security, erc20 is more secure, while trc20 is relatively low.
1. Features of TRC20
1. Fees paid… no fee?!
Yes! There is no fee for transferring USDT on TRON, but withdrawing TRC-USDT on the exchange There will still be a withdrawal fee (charged by the exchange). Address example: (TRC-20 contract)
2. Currently still in testing
Most exchanges support the recharge of TRC-USDT, but because TRC-USDT is still in testing, the exchange’s Deposits and withdrawals are closed.
2. Features of ERC20
1. The type of fee to be paid is ETH
ERC-USDT, like other Tokens on Ethereum, is stored on the Ethereum address, so every time you transfer, you need to pay The type of handling fee is ETH. Address example: (ERC-20 contract)
2. Most exchanges support deposit and withdrawal, and the withdrawal limit is low
Basically, mainstream exchanges support ERC-USDT deposit and withdrawal, and you can choose when withdrawing coins Whether to mention a BTC address or an ETH address. And, taking Huobi as an example, the minimum withdrawal limit of ERC-USDT (2USDT) is currently smaller than that of Omni-USDT (200USDT).
3. Supporting smart contracts, on-chain transaction query is more convenient
Different from Omni-USDT, ERC-USDT can support smart contracts. ERC-20 USDT transactions can be queried in mainstream Ethereum browsers. Interested users can go to Tokenview’s Ethereum browser to inquire about ERC-USDT transaction details.
What do erc20 and trc20 mean?
1.erc20
USDT-ERC20 is USDT issued by Tether based on the ETH network. The deposit address is the ETH address, and the deposit and withdrawal go through the ETH network. USDT-ERC20 uses the ERC20 protocol.
At the beginning of 2018, the Ethereum network became popular, smart contracts were popularized in blockchain applications, and ERC20-USDT appeared. Like Omni-USDT, the use of ERC20-USDT also requires payment of absenteeism fees, but the transfer speed has been significantly improved. Due to its good security and fast transfer speed, ERC20-USDT is widely accepted by the market, and the issuer of USDT, TEDA, has also begun to abandon Bitcoin Omni in favor of the more efficient Ethereum ERC20. With the recent issuance of additional USDT on Ethereum by TEDA, the number of ERC20-USDT has increased significantly, and currently exceeds 50% of the total amount of Omni-USDT. In addition to officially abandoning the Omni protocol, mainstream exchanges have also begun to support ERC20-USDT. On July 3, Binance Exchange announced that it will switch from the OMNI network to the ERC20 network, although the USDT of the original OMNI network can continue to be recharged and listed.�But you will not be able to withdraw USDT on the OMNI network.
2.trc20
TRC20-USDT is USDT issued by Tether based on the TRON network. The deposit address is the TRON address, and the deposit and withdrawal go through the TRON network. TRC20-USDT (USDT-TRON) uses the TRC20 protocol.
In April 2019, TEDA announced the issuance of USDT based on the TRC-20 protocol on TRON, and TRC20-USDT was born. When TRC20-USDT is issued, it promises to be completely open and transparent, with zero transfer fees, and it will arrive in seconds. Unlike the previous two, there is currently no handling fee for TRC20-USDT transfers, which is also a highlight of TRON. However, the development of TRC20-USDT is not very mature at present, and its security cannot be guaranteed.

(iv) How many billions of Shib’s market value will be in 2 years?

Two years later, if Shib’s market value is based on the current increase, it will only rise and not fall, and it will exceed one trillion, but No one can see through this currency market. At present, the market value of Shib has reached more than 90 billion. In the past two days, the most popular currency “SHIB coin” in the B circle has risen to a maximum of 0.00001988 US dollars, and the highest increase on the day has exceeded 280%.
1. The source of shitcoin
Shitcoin is a Chinese name given by the earliest Chinese community. The code of shitcoin is: SHIB, because it is close to the Chinese pronunciation of “shitcoin”, so it is called It is: shit coins. The name is very useful and easy to remember. The shitcoin was born in August 2020, and it has risen more than 10,000 times since then. The shitcoin started to rise from 0. USDT, and there may be countless 0s in the middle.
2. Development of shit coins
Because of the low price of SHIB, there are many people buying it, and there are big bosses calling for orders, and the circle of friends quickly spread the good news of SHIB, in addition to Musk, there is also V God’s shadow, SHIB did not leave a wave of people like many “local dog” projects, and the development of the community is still very rapid. Recently, pictures of V God and the SHIB team together have flowed out on the Internet, causing another wave of heated discussions in the market. Buterin is the founder of ETH.
Since October, the price increase of Shiba Inu (SHIB) has propelled the SHIB token to become the 20th largest digital asset by market capitalization.
3. Market prospect of shitcoins
SHIB’s circulating market valuation jumped to $11.08 billion earlier this week and has now surpassed $10 billion, entering the top 20 market cap for the first time. As a result, the meme coin spurred by the Dogecoin craze has become more valuable than popular blockchain projects such as Stellar (XLM), Polygon (MATIC), and Tron (TRX).
If you hold coins in your hand, take good shit coins, don’t throw them away easily, these coins are likely to be your down payment; shit coins have not fluctuated, neither risen nor fallen before the market value of 1 billion dollars. Because they are all 0. Before 1 billion, it was the hoarding party who discovered its early value. They only bought it but not sold it; shit coins are like Cordyceps that have just sprouted and have not been discovered. If you encircle it, it is money, and some investors have circled 4 wallets. The shitcoin is looking forward to the bright future of shitcoin.

㈤ Why is the shitcoin soaring?

1. Because of the low price, you can have hundreds of thousands of coins for just a few dollars. The market threshold is relatively low, Shibi, also known as Shiba Inucoin, the full English name is SHIB, which is officially translated as Shiba Inucoin, but according to the Chinese pinyin, it happens to be called Shibi, so it was called this name later. The second is due to the extremely high FOMO sentiment in the bull market. In 2021, the cumulative increase of SHIB will reach 280,000 times, and there are already countless zeros. Third, of course, it is also related to the “calling list” of a big man like Musk. In mid-March 2021, Musk sent a tweet saying that he would raise a Shiba Inu for his family. Before Dogecoin could rise, the SHIB team immediately ran out to touch the porcelain and said that Musk was going to buy Shiba Inucoin. So the shit coins started to explode, the kind of stunned explosion.
Extended Information
1. On October 18, 2021, a petition calling for Robinhood to list SHIB has gained over 250,000 signatures.
2. PAC Protocol CEO David Gokhshtein tweeted that there are crypto whales buying SHIB in bulk. Twitter user @NastyShib commented that there are multiple crypto whales buying SHIB. The largest deal to date involves $46 million worth of SHIB. According to @WhaleStats monitoring data, a crypto whale purchased 6178758122373 SHIB (worth $43.83 million) on September 30, 2021. Later, the same crypto whale received 276 billion SHIB in three separate batches (116 billion, 159 billion and 1 billion SHIB respectively). These transactions are completed within a few hours.
3. The multi-asset investment platform eToro has launched Shiba Inu(SHIB). The company said it made the decision based on high demand from customers. As early as May 2021, eToro will list Dogecoin. After that, Dogecoin surged to an all-time high of around $0.5. SHIB hit an all-time high in mid-May 2021 as its popularity soared. While decentralized exchange (DEX) ShibaSwap attracted $1.76 billion in total locked interest (TVL) just days after its launch, it has dropped 80% since then. According to DeFiLama data, at press timeShibaSwap TVL has dropped to around $400 million.
Marcus did all the programming for Dogecoin in 3 hours. At the time, anyone could have it for free. However, generally speaking, the more sophisticated virtual currency project parties still have to hire someone to do it all over again, create a new algorithm that looks different, write a good white paper, and explain the significance and great prospects of this project. Wait. Marcus still has to go to work, so he doesn’t have so much spare time to do this. It is a luxury to spend 3 hours fishing. So, Marcus directly brought the code of Litecoin, only changed a few key parameters, and copied all the others. What key parameters have been changed? First of all, the icon has been replaced with a dog head, which is the most significant innovation of Dogecoin.

Can shib choose to deposit and withdraw HECO?

Yes.

About SHIB(Shiba Inu)
SHIB Coin is an experiment in decentralized spontaneous community building. SHIB (Shiba Inu Coin) is the first token of the Shiba Inu community. Tesla CEO Musk publicly stated on Twitter that he will raise a Shiba Inu for his family. According to CoinGecko data, Musk tweeted In the hours following the post, the price of SHIB jumped 300%, drawing widespread attention around the world.
Here comes the point! The following is the first step of selecting HECO to deposit and withdraw coins to participate in the mining tutorial, prepare the wallet.
Transfer the SHIB, USDT and other tokens needed to participate in SHIB-USDT mining into the wallet, and prepare a small amount of HT as the authorized miner fee.
(Note: All token deposit and withdrawal operations need to be performed through the HECO chain, including SHIB, USDT, and HT)
1 First download a TP (TokenPocket) wallet
2 After installation, create your own 【HECO】Wallet, copy the mnemonic phrase by hand, confirm the mnemonic phrase to log in to the wallet.
3 After creating the HECO wallet, click [Assets] in the lower left corner, then click [+] in the upper right corner, and enter SHIB in the [Search] field to add SHIB assets to the HECO wallet. (The operation steps for USDT, SHIB and HT are the same)
4. After adding the asset, click the [SHIB] asset in the wallet, click [Receive], and then copy the receiving address.

5. Enter the [Wallet Account] in the Hoo APP, pass the prepared SHIB assets through the [HECO] chain, paste the [Payment Address] copied in the previous step, and [withdraw] the SHIB to the TP wallet . (USDT, SHIB and HT have the same operation steps and must be operated through the HECO chain)

After completing the above steps, you can start the next SHIB&USDT mining journey!

The second step is to participate in liquidity mining.
The SHIB/USDT mining pool in the [Farm] section of Pippi Shrimp Swap, users can obtain LP warrants by providing liquidity for SHIB/USDT, and participate in liquidity mining.
1. Open the TP wallet, click the popular recommendation in the [Discover] interface and select [Pippi Shrimp Swap] or enter Pippi Shrimp Swap in the [Search bar] to enter the interface. (By default, Huobi Eco-Chain Heco Wallet will be selected for operation)
2. Click the [≡] menu bar in the upper right corner, click [unlock wallet/unlock wallet] for the first login, and select [TokenPocket] wallet to associate.

3. Go back to the home page, click the [≡] menu in the upper right corner, click [Exchange/Transaction] to enter the exchange interface, click the [Pool/Liquidity] option, click [Add Liquidity/Add Liquidity], in In [Add Liquidity], according to the amount of SHIB held or the amount of USDT, the two currencies are paired with the same value, click [Approve], click [Supply] to complete the pledge, and add liquidity to obtain SHIB-USDT LP.

4. Go back to the home page, click the [≡] menu in the upper right corner, click [Farm], find the SHIB-USDT LP mining pool in the list, click [Select] to open it, and select [Approve SHIB- USDT LP] and authorize, enter the number of LPs, and click [Confirm] to complete the pledge.
(You need to pay a small amount of HT as the miner fee for each authorization)

Then, go back to the mining pool interface and click [Harvest] to reap the rewards for providing liquidity for SHIB-USDT.

Written at the end
What I dug out is pipi, which can be sold directly on the exchange page, or directly withdrawn from the tiger talisman.

㈦ The surge of shib once again detonated the currency circle, and what is the charm of shib so popular?

Recently, a “shib surge detonated the currency again The news of “circle” has aroused heated discussions among netizens, and there has been a lot of uproar on the Internet. We know that the virtual currency in recent years has been booming, especially the virtual currency led by Bitcoin, which has risen from less than a penny to more than 300,000, and may continue to rise in the future. . And recently, some new currencies have also appeared, and in a short period of time, they have gone up a lot. The first one is that it rose 470% in one month in April.��Dogecoin, there is another one, that is, the newly launched SHIB in the past two days, commonly known as “shit coin”, this shit coin has also increased by hundreds in the past two days, which is very exaggerated. So what is the charm of shit coins? How can he be so popular? Let’s take a look.

1. Speculation wave

In recent months, virtual currency speculation has reached its peak. Everyone wants to make a fortune here, and some recent remarks made by Musk to be bullish on Dogecoin are also some of the reasons why Dogecoin has soared. It also completely detonated the money-making effect.

The above is my opinion on this issue. It is purely personal opinion and is for reference only. If you have any different opinions, you can leave a message in the comment area, and let’s discuss it together.

㈧ shibtzy the

1 has the east branch and the world.
2 Not a drop of good is left
3 Let us do better
4 Obey your desires
5 Do it.

㈨Ethereum equipment life

Ethereum 2.0 actually contains a lot of content, such as sharding, expansion, etc., merger is only one of the content, since last year The 2.0 Beacon Chain has started, and we are already under the operation of PoW and PoS dual chains. The merger is to completely end PoW graphics card mining. All explosive blocks are packaged with PoS consensus. After the merger, it does not mean that Ethereum 2.0 is completed. There is at least 2-3 years to add other features.

The content of merging involves a wide range of interests, and the timing is very, very, very critical. Especially for miners, it is a matter of life and death. Look at this merger time every day to consider whether to add cards. Frankly speaking, miners don’t care about sharding, scaling, Layer 2, Rollup and other functions at all. They only care about when to formally merge and when to end mining.

Those who have participated in the pledge of the ETH2.0 beacon chain hope to merge as soon as possible, because they need the first hard fork after the merger to release the pledge, and the miners hold graphics cards and hope to merge The later the better (preferably not to merge), to maximize the performance of the graphics card.

The news two months ago was that the merger was ahead of schedule, and before the merger, there would be no new EIP function revisions and upgrades. All the ETH team members focused their efforts on prioritizing the merger. The merger proposal EIP-3675 It was also officially filed by researcher Mikhail in mid-August, which indicates that the merger is really going to enter the countdown. Unfortunately, there is still no specific date, only probability. What’s the deal

Summary:

With the total market value of Ethereum and the expansion of the ecosystem to today’s size, the ship will have a hard time turning around, any small mistake, It will cause huge shocks: miners have graphics cards, institutions have coins, there is TVL in the DeFi ecosystem, how many mining pools rely on ETH for food, how many agents speculate on graphics cards for a living…

If the interests of all parties are not well balanced in this process, the entire network may be frozen or even collapsed. I think the Ethereum team is playing too much in announcing the time of the merger. They don’t take the miners’ machines seriously. A few months ago, the developer Trend said that the merger was conservatively estimated by the end of the year. Now it seems that the ticket will be delayed again. How reliable is the official? Is it difficult to prevent bounced tickets: at least a year in advance, announce the “exact merger date”, as well as merger steps and details. If it doesn’t pass the testnet, don’t post all kinds of merge messages, especially developers. I don’t want to watch anything now, just wait until the December bomb pushback will be postponed until next year. Then I will write another article on “How to deal with the mining machine in hand”, we will wait and see.

㈩ Cryptocurrency Shib soars, do you know Shib?

Recently, a news of “cryptocurrency Shib soaring” has aroused widespread concern among netizens. Hot discussion, uproar on the Internet. Recently, our Tesla CEO Elon Musk is not only building cars, but also on a TV show to play the role of a virtual currency expert and talk about virtual currency. Recently, virtual currency has also risen very exaggeratedly. Before, Dogecoin rose by 470% in a single month in April, and then SHIB rose several times in two days. It was very fun to play. So why is SHIB able to rise so much? Let’s find out.

1. The wave of virtual currency

In recent months, with the rise of bitcoin, people are paying more and more attention to virtual currency. If there are more people, there will be more people who see huge profits from virtual currency, so there will be more people participating, and more people will participate, then there will be more funds entering the market. will rise. Recently, this is the case.

The above is my opinion on this issue. It is purely personal opinion and is for reference only. If you have any different opinions, you can comment.Leave a message in the area, let’s discuss together.

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