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+48.61 BCH +4.6% Binance

 

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Market information on 2022-01-13 12:33:09

Market capitalization: $ 2078 billion (+ 7.5%) ? (against $ 2046 billion yesterday morning).
Weighted average Bitcoin rate $43749 (+0.20258293 %) ? with a capitalization of $ 828 billion and a dominance index of 40%

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Enough amount of token assets are removed from the source address and locked into a system controlled addresses/contracts on the source blockchain. And this can be confirmed on the target blockchain. Proper amounts of token assets are released from a system controlled addresses/contracts and allocated into target addresses on the target blockchain. If this fails, it can be confirmed on source blockchain, so that the locked token can be released back (may deduct fees). The sum of the total circulation of the token assets across the 2 blockchains are not changed after this transfer action completes, no matter if the transfer succeeds or not. The architecture of cross-chain communication is as in the above diagram. To accommodate the 2 heteroid systems, communication handling is different in each direction. BC to BSC Architecture. BC is a Tendermint-based, instant finality blockchain. Validators with at least ⅔*N+1 of the total voting power will co-sign each block on the chain. So that it is practical to verify the block transactions and even the state value via Block Header and Merkle Proof verification. This has been researched and implemented as “ Light-Client Protocol ”, which are intensively discussed in the Ethereum community, studied and implemented for Cosmos inter-chain communication. BC-to-BSC communication will be verified in an “ on-chain light client ” implemented via BSC Smart Contracts (some of them may be “pre-compiled” ). After some transactions and state change happen on BC, if a transaction is defined to trigger cross-chain communication,the Cross-chain “ package ” message will be created and BSC Relayers will pass and submit them onto BSC as data into the “build-in system contracts”. The build-in system contracts will verify the package and execute the transactions if it passes the verification. The verification will be guaranteed with the below design: BC blocking status will be synced to the light client contracts on BSC from time to time, via block header and pre-commits, for the below information: block and app hash of BC that are signed by validators current validatorset, and validator set update. the key-value from the blockchain state will be verified based on the Merkle Proof and information from above #1. After confirming the key-value is accurate and trustful, the build-in system contracts will execute the actions corresponding to the cross-chain packages. Some examples of such packages that can be created for BC-to-BSC are: Bind: bind the BEP2 tokens and BEP2E Transfer: transfer tokens after binding, this means the circulation will decrease (be locked) from BC and appear in the target address balance on BSC Error Handling: to handle any timeout/failure event for BSC-to-BC communication Validatorset update of BSC, cryptocurrency bitcoin exchange binance platform. To ensure no duplication, proper message sequence and timely timeout, there is a “Channel” concept introduced on BC to manage any types of the communication. For relayers, please also refer to the below “Relayers” section. BSC to BC Architecture. BSC uses Proof of Staked Authority consensus protocol, which has a chance to fork and requires confirmation of more blocks. One block only has the signature of one validator, so that it is not easy to rely on one block to verify data from BSC. To take full advantage of validator quorum of BC, an idea similar to many Bridge or Oracle blockchains is adopted: Us has an option to automatically buy and sell crypto using u. Monthly volume and 1. 75 million registered users on its platform. — what’s odd is that binance, one of the most popular exchanges this side of coinbase and perhaps the fastest growing on the planet, has never. Binance is a crypto trading platform that offers one of the most competitive rates around. 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↗️+0.2 Bitcoin BTC $43748.78 $828073314025
↗️+0.33 Ethereum ETH $3351.97 $399361295699
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↗️+0.01 Tether USDT $1 $78430333953
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↗️+0.74 Shiba Inu SHIB $0 $17511566175
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↗️+0.12 Wrapped Bitcoin WBTC $43751.24 $11676361869
↘️-0.08 NEAR Protocol NEAR $18.37 $11175670058
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↗️+0.61 Uniswap UNI $16.25 $10195329427
↗️+0.28 Litecoin LTC $138.25 $9595147123
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