Category: Cryptocurrency News

The quantity of LHINU they stake and the duration of their stake determine their voting power. These can be cashed out in return for giving locals a reliable source of income, or they can be staked for more voting power in upcoming surveys. This utility crypto is utilizing the social aspects of memecoin to make community engagement and voting more rewarding. Those aspects give it upsides that only a few tokens can replicate.

Binance is one of the most popular cryptocurrency exchanges in the world, and handled $ 17.16M worth of Viction trading volume in the last 24 hours. Binance also lists a very large number of other cryptocurrencies, so you will have plenty of trading options in addition to Viction. Being rooted in meme ideals, memecoins, while perceived by many as joke tokens, have a social aspect that has made them popular. Tokens like Dogecoin have been able to take advantage of this approach and gain great heights in the cryptocurrency charts.

How to Buy Love Hate Inu (LHINU) Coin?

These types of tokens are inspired by internet memes, cultural references, and social media trends. As a result of their humorous and unconventional nature, these coins have gained popularity in the crypto world as a result of being created either as a best zencash mining calculator joke or a parody. One of the most recent meme coin projects is Love Hate Inu (LHINU). The coin is based on the popular Shiba Inu meme, but it has a unique twist. In essence, it is the ultimate Vote-to-Earn platform that rewards users with cryptocurrency for participating in meme polls and staking.

The exchange statuses on the page will be renewed automatically during the time of the exchange. This guide has covered all the aspects you need to know about Love Hate Inu. We have discussed how to buy Love Hate Inu while shedding light on the novelty of this memecoin project and how it is adding utility to an otherwise joke niche of crypto. Voting on polls can take a negative direction and be full of spam if a user is not careful.

1. Investors with little capital can invest in meme coins because their prices are often lower than traditional investments.
2. The value of Dogecoin, for example, increased by over 14,000% in 2021, generating massive returns for early investors.
3. Featuring blockchain technology and packaged in the form of a meme coin, this platform enables immutable voting results via distributed ledger technology.
4. But with Love Hate Inu, the same approach, which involves stake for voting, has gone beyond the confines of their own ecosystem, setting standards for online surveys at a global scale.
5. Love Hate Inu is a novel project that adds a novel kind of utility to memecoins.
6. That being the case, it shouldn’t be surprising that celebrities invest in Love Hate Inu.

Love Hate Inu community

Yes, Love Hate Inu, with its unique approach to adding utility to memecoins while ensuring that the social aspect of memecoins are preserved, makes it a great crypto investment. And to ensure that fairness prevails, Love Hate Inu factors in both the length of staking and the number of tokens staked when deciding a holder’s voting power. It is an ERC 20 token that users can stake to vote on the polls powered by Love Hate Inu and earn rewards from it. Due to its disruptive ‘Vote-to-Earn’ (V2E) mechanism, Love Hate Inu is considered a good investment.

Step 1: Purchase ETH or USDT from eToro

The concept of decentralized voting was only relegated to standard DAO crypto projects that worked towards guiding their own progress with time. But with Love Hate Inu, the same approach, which involves stake for voting, has gone beyond the confines of their own ecosystem, setting standards for online surveys at a global scale. The hype surrounding Love Hate Inu’s presale demonstrates it’s a legitimate crypto project. Only stakeholder of $LHINU tokens are eligible to vote on the voting results. Smart contracts ensure the veracity of results by recording all votes and making them unchangeable.

For example, the most popular exchange for trading [object Object] with USDT is Binance. Currently, the best Viction exchange to buy VIC is Binance, which saw $ 17.16M worth of Viction trading volume in the last 24 hours. However, you can also choose from other exchanges that list VIC, such as Bybit, gate.io, MEXC, Coinone and XT.COM. The majority of Love Hate Inu trading with stablecoins is done on HTX (Huobi).

Love Hate Inu Presale Analysis

Swap your ETH or USDT for LHINU tokens, and they are reserved for your account. Since the presale is still active, you need to wait for the token generation event to actually possess these tokens and transfer them to your own wallet. The next step is to click on the “Buy Now” button to initiate the wallet connection process. Clicking on the button will show you a prompt that will have two options to connect your wallet. You can go with the standard metamask wallet, or you can choose the walletconnect option in order to choose your own wallet to pick.

In a few months, $LHINU could join the $1B meme coin club if the project unfolds, according to the white paper. It is important to remember that Love Hate Inu’s staking mechanism is secured by smart contracts, eliminating the possibility of spam or manipulation. As a result, both the verification and anonymity of the voting process are guaranteed. For participation in the latest polls on the platform, you will need to stake $LHINU tokens. In addition, you may receive NFT discount codes or branded metaverse assets as rewards depending on what you earn.

This indicates that there are just a few minutes until you receive your Love Hate Inu crypto. Like many other Meme coins, the majority of the Love Hate Inu team is anonymous. The goal will be to introduce the same voting mechanism in the virtual space. LHINU taking will launch by the third quarter of 2023, and people will have their first look at the management dashboard. And the community had its first look at the whitepaper as well as the social accounts. Love Hate Inu has eight stages – and the price of the native token will appreciate with each stage.

Although it is considered high-risk to invest in crypto presales, it has the potential to present a tremendous opportunity for growth. For example, in the presale of Tamadoge, a new meme token, the price increased by 300%. In addition, the $LHINU token for Love Hate Inu is also available during its first presale. Love Hate Inu (LHINU), a new decentralized project that’s pioneering an innovative rewards system for online surveys, has raised more than $2 million through its crypto presale.

To encourage participation, NFTs or personalized tokens may be given out as prizes for voting instead of LHINUs. This shows that the exchange has been successfully made and you will receive crypto to the address provided. To be sure that Love Hate Inu crypto was sent to your wallet you can also use the Output hash shown on this page and check it in the blockchain list of transactions. All you need to do now is send the deposit in Bitcoin to the address StealthEX has generated for you.

Additionally, Arbitrum is not without its native protocols built on the blockchain which include GMX, Radiant, Dopex, and Vesta Finance. Since optimistic rollups do not perform any computation by default, it offers massive improvements in scalability. On the downside, potential fraud challenges of optimistic rollups could lead to delays in transactions, since progress comes to a halt until it the dispute is resolved.

Verify Your Transaction History

As described earlier, points scored before and after Arbitrum Nitro was deployed on Arbitrum One mainnet were weighted differently. If an address only became fully eligible (minimum of three points) post-nitro, all points scored counted as post-nitro points. Thus, the minimum airdrop entitlement is 625 tokens, half of the minimum entitlement in the table above; the maximum airdrop entitlement is tokens. Of the 10 billion ARB units intended to be its maximum supply, Arbitrum will airdrop 11.62% to its early adopters and 1.13% to the developers using Arbitrum for building apps.

$ARB airdrop eligibility and distribution specifications

It is important to note that point scores were capped at 15, and users could earn a maximum of one point per qualifying action performed before the snapshot date. Also, points earned on Arbitrum Nova could either bring a user up to 4 points total, or give them one additional point if they had already scored 4 points or more on Arbitrum One. The Arbitrum(ARB) token is an ERC-20 governance token used to participate in Arbitrum DAO’s on-chain governance. The token is minted on Arbitrum One, a Layer 2 Arbitrum rollup chain, and managed by the DAO, which governs both Arbitrum One and Arbitrum Nova chain protocols. Owning $ARB tokens allows you to vote on Arbitrum One and Arbitrum Nova chain governance proposals, such as chain upgrades and the use of the DAO Treasury funds.

This will help Arbitrum officially launch its native token and spearhead its circulation to early adopters. Rolling up makes Arbitrum faster and cheaper to use, with all transaction data being relayed back to the Ethereum blockchain. The layer 2 protocol can process 40,000 transactions per second, while Ethereum can manage only roughly 14 transactions per second.

Step 5: Move Your Tokens to Newton

Wallets identified as a sybil address under Hop Protocol’s Bounty Program, were also completely disqualified from receiving the airdrop. Avoid giving out your private keys or personal information to anyone claiming to help you claim the airdrop. Rather than executing a transaction on Ethereum, the transaction is instead sent to Arbitrum, whose throughput capacity is seven to 10 times greater than that of Ethereum. However, all employee and investor tokens will be subject to vesting schedules and lock-up periods. This means that Ethereum decentralized finance (DeFi) developers can easily link their decentralized applications (DApps) with Arbitrum without making any changes to their apps.

The number of tokens you receive from the ARB airdrop will depend on your eligibility score, based on the number of criteria you meet. If you have fewer than three points, you won’t be eligible to earn any amount from the airdrop. Depending on the number of points users have, they can earn between 621 ARB and 10,250 ARB, the maximum number of tokens that can be allocated to a wallet. As the much-anticipated Arbitrum airdrop approaches, the excitement is palpable. Set to distribute over 1 billion tokens to more than 600,000 wallet addresses, this event is shaping up to be truly memorable. Get ready to embark on this remarkable journey, verify your ARB eligibility and seize the chance to make your mark in the ever-evolving world of cryptocurrency.

Step 3: Check Your Eligibility

A separate distribution was allocated for DAOs that are building applications in the Arbitrum ecosystem, as well as the Protocol Guild, a collective of Ethereum contributors. In putting together this criteria we worked with Nansen and analyzed on-chain data to determine how many tokens each DAO community was granted. The goal of using a broad variety of criteria was recognizing that Arbitrum is home to a diversity of projects that have different KPIs and user interactions. Arbitrum is a layer-2 scaling solution designed to lower network congestion and transaction costs of Ethereum by offloading tons how to buy tiger king coin of computation and data storage from the main chain. It does this via the use of optimistic rollup — transactions on Ethereum are bundled up and transferred to a proprietary sidechain on Arbitrum (a secondary blockchain connected to the main chain). The transactions are then processed and sent back to the main chain after validation.

As with many crypto airdrops, Arbitrum aims to reward its early users, since only those who have interacted with the ecosystem to a specified extent up until February 16, 2023, can benefit from it. It focuses on a particular point of disagreement over transaction history. Additionally, layer-2 transactions are not entirely executed on curl command in linux with examples the main chain, rendering gas block limits irrelevant. Optimistic rollups assume all transactions as valid, hence an “optimistic” outlook. There is a time period during which users can dispute any suspicious transactions contained in a bundle.

The team has since then expanded to a global community of developers, academics and operators, with deep experience in cryptography, decentralized systems, and game theory. Arbitrum is developed by Offchain Labs, a New York-based startup committed to building innovative Ethereum scaling solutions. The company originated from the computer science research department of Princeton University, co-founded in 2018 by Harry Kalodner, Steven Goldfeder, and Ed Felten. To claim the Arbitrum airdrop, you need to be eligible based on the points you earned according to the criteria outlined by the team. If you are eligible, you can what is a blockchain building trust in bitcoin follow the steps below to claim your Arbitrum airdrop.

Rollups are a smart contract scaling solution that involves compiling multiple off-chain transactions in a process known as ‘rolling up’. Once all the transactions have been rolled up, they are presented as a single transaction to the Ethereum blockchain. This helps to reduce gas prices while retaining secure transactions and relieving network latency.

1. To ensure your eligibility to claim the airdrop, please connect the same wallet that you regularly use to interact with the Arbitrum network.
2. As of now, 56% of the overall ARB token supply is owned by the Arbitrum community, with 12.75% set to be distributed via airdrop to qualified users on Mar 23, 2023.
3. Arbitrum is an Ethereum layer-2 scaling solution created to improve the scalability and performance of the Ethereum smart contract.
4. Meanwhile, 44% of the total token supply will be allotted to investors and essential contributors.
5. Points earned on Arbitrum Nova could either bring a user up to 4 points total, or give them one additional point if they had already scored 4 points or more on Arbitrum One.

Permissionless is a conference for founders, application developers, and users. “In Arbitrum’s case, they have fraud proofs enabled, but only by whitelisted validators and used interactive proofs which take many transactions to solve,” Blockworks Research said. While the ARB token airdrop is only a matter of hours away, it’s still important that you do your own research (DYOR) on this and other kinds of airdrops.

In the fast-paced crypto realm, airdrops provide thrilling and rewarding experiences that captivate countless enthusiasts. The upcoming Arbitrum airdrop is set to be one of the most notable events in recent history, distributing over 1 billion tokens to 600,000+ wallet addresses on March 23, 2023. The Arbitrum Foundation and Offchain Labs worked with Nansen, a crypto analytics firm, over a couple of months to develop eligibility criteria for the ARB token airdrop. Some factors they looked at included how long a user had been using Arbitrum One and Arbitrum Nitro, how many transactions they did, and the various applications they utilized. They then built a points system hinged on the different metrics of Arbitrum’s usage.

Another risk is the upgradability of Arbiturm’s smart contract, as seen with Jump Crypto’s counter-exploit of the Wormhole hacker last month. A smart contract is considered to be most secure if it can not be upgraded, which is not the case for both Arbitrum and Optimism. State validation refers to the proofs used or how the network decides which transactions (network state) are valid. An eligible candidate for the council must be a member of the DAO and receive support from 0.2% of votable tokens. Chosen members will receive a $5,000 stipend in the form of ARB tokens. ARB holders will vote on all aspects of the protocol including upgrades, inflation adjustments, as well as capital allocations (including grants).