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Switzerland mandates government-developed software to be open source, joining Germany and France in enhancing digital sovereignty and security. (Read More)
Bitcoin was founded on the idea of self sovereignty, self determination, and freedom. Bitcoiners should not forget this.
Local experts note that if Nigeria adopts a foreign blockchain, it will be difficult for the country to exert its influence on key blockchain decisions.
The Dfinity Foundations new platform, Utopia, promises enhanced security and sovereignty for government and enterprise cloud infrastructures.
Key Takeaways: Taiwanese lawmaker Ko Ju-Chun has publicly called for Bitcoin’s addition to Taiwan’s national reserves. The move comes at a time when the volatility of the New Taiwan Dollar is exacerbated by worldwide inflation pressure, in addition to increased geopolitical tensions. Ko stressed that Bitcoin, even though it is not considered currency under present […]
Absolute scarcity isnt Bitcoins only value proposition. Enabling users to unilaterally control their financial lives is priceless. The ninth installment of 10 Steps to Self-Sovereignty powered by Ledger.
Iceland’s Prime Minister Katrín Jakobsdóttir has vowed to focus more power on producing food internally while reducing the energy expenditure in data centers and bitcoin mining. Jakobsdóttir stated that while the country was working to achieve carbon neutrality, bitcoin and cryptocurrencies were “not part of that mission.” Iceland’s Prime Minister to Shift Power Away From [...]
The post Icelands Prime Minister Vows to Prioritize Food Security Over Bitcoin appeared first on Crypto Breaking News.
“I’ve gained a lot of sovereignty through … Bitcoin, and I’m equally grateful that my partner has done the same by choosing home birth.” This is an opinion editorial by Conor Chepenik, an organizer for the Mass Adoption Bitcoin meetup and the father of a child who was born at home. When my partner initially [...]
The post Empowerment Over Fear: Bitcoin, Home Birth And Responsible Sovereignty appeared first on Crypto Breaking News.
Jack and Liv, two Midwestern homesteaders and Bitcoiners, discuss their farm, food health and how Bitcoiners inherently understand symbiosis.
NFT Steez sits down with Web3 advocate Julie Plavnik to discuss the concepts of self-sovereignty and digital identity in Web3-based creator economies.
An open letter to friends and family who are worried about the future of bitcoin due to the fiat business practices and subsequent collapse of FTX.
NFT Steez chats with Lukso co-founder Marjorie Hernandez about how Universal Profiles onboard and empower users with digital self-sovereignty
Bitcoin fits into the framework of economic equality, which exposes Nakamoto’s intentions to provide an opportunity to opt out of the financial system.
Using Bitcoin to achieve financial freedom is a spectrum which can be analogous to climbing a ladder. There are many steps to achieve full sovereignty.
Bitcoin as a peer-to-peer financial system and its ideology of financial freedom make a stronger case than the claims of other cryptocurrencies.
Sovereignty is subjective, but Bitcoin provides an unique opportunity for people around the world to be more independent with regards to freedom.
Modern society must make the decision to succumb to centralized digital money, or rally around the freedom and sovereignty of bitcoin.
Bitcoin is a form of freedom from many of the monetary impacts that are being felt as a result of government decisions.
Since Bitcoin is a shiny gold that appreciates over time and beats inflation always, the question to ask is why not everyone sets up mining rigs and mine Bitcoin, instead of buying them from an exchange. Well, the answer for the same is the cost involved in mining BTC and other PoW cryptocurrencies. As a result, industry-centric mining rigs with a very high hash rate have been mining the majority of the cryptocurrencies and retail miners have turned marginalized over the years.
What if there was a way to deal with this problem? Or, put better, what if the community could jointly share resources and establish true decentralization on which all cryptocurrencies stand. That’s what the Golem Network aims to achieve and it has been striving towards its fulfillment.
What is the Golem Network and GNT Token?Golem is a cryptocurrency-powered software ecosystem where computational resources can be bought or sold for cryptocurrencies, especially, the GNT token. The ecosystem establishes a democratized cloud computing environment where hardware can be purchased online through a sharing economy and put to use for meeting various purposes. Like a supercomputer, Golem performs CGI rendering, AI, and crypto mining. In this way, most of the computational power which remains unused can be shared by the owners with others in exchange for GNT Token.
GNT is the native token within the Golem ecosystem which will streamline all operations of sharing, buying, selling, and renting in the Golem ecosystem.
Note: In a recent token migration, GNT Token has been renamed as GLM Token.
How Does The Golem Network Establish a Shared Economy?Golem’s ecosystem’s motive is to provide an open-source workable ecosystem model which is highly flexible, programmable, and connects to the end-users on a personal level. Through the Golem Network, a wide array of tasks can be performed like CGI rendering, Machine Learning, scientific computing, and token mining. In the workable model, the requester needs to submit a task that will be matched by the sender. Once that is established, the sender will share the computational resources on-chain over the network.
For example, if Alice has a large mining rig with an 800 m/H speed; however, Alice could use just 600 m/H. To maximize the mining potential of the set-up, Alice could lend the additional 200 m/H of computing power to Bob through a shared mining pool. For the same Alice will raise a payment note and Bob must pay in GNT tokens for such a service. In this way, despite Bob not having a mining set-up, he could easily mine BTC using Alice's computational power. That’s the whole point of Golem Network, to establish true decentralization.
Why is GNT Token a Revolution?GNT token has turned revolutionary because the ecosystem has been diversifying use-cases ever since its inception. Not just empowering the mining, but also other aspects. In the latest release, the Golem Network has introduced 3D rendering. Through the help of the 3D rendering, all those artists, creators, and animators who couldn’t complete their project due to restrictive computational power costs could use the Golem Network by paying those who own such resources through the GNT token and complete their projects.
GLM Price Prediction - What is Happening to Golem Crypto?GLM token has shown mixed reactions on the charts for the last few months. We did see double bottom formation at the .28 and .27 price levels. However, the market did pick up from 0.49 price levels.
Pic 1. Break out from the resistance levelIf we look at the trading volume in the last 24 hours, it is well over 574%.
Pic 2. Daily Trading VolumeHowever, we do see a descending triangle forming at the 0.62 and 0.56 price levels which could show that we might see a further downside in action where prices may drop to as low as 0.48 level. However, to invalidate that claim, support should form somewhere at the .50 level which could possibly see the next resistance at the .62 levels.
Pic 3. Descending triangle pattern Where to Buy GNT Token?Since the GNT token migrated to GLM, there are not many exchanges that still sell this old token. You would find GNT on DEXs such as LBank, Apeswap, and Hotbit. On the other hand, the volumes traded are very low. That's why it would make more sense to buy GLM instead.
Where To Buy GLM Token?There are many exchanges that offer the Golem GLM token. We picked the safest exchanges below:
© Cryptoticker
The post Swap your GNT token to GLM TODAY – Get to know all About Golem Crypto! appeared first on CryptoTicker.
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