Investment is a science.
No one’s investment will be smooth sailing, and no one’s investment will be safe and sound from the beginning. The effortlessness is often the hard work behind others. In this world, everyone has their own path. As long as you learn to get rid of the shackles of desire and embrace life with a normal heart, then you will definitely be able to reap happiness.
dogecoin was born on December 8th, 2013, based on the Scrypt algorithm. It is the second largest cryptocurrency in the world after Bitcoin in the number of users. One of the founders of Dogecoin is Jackson Palmer, an Australian brand and marketing expert, and the other is Palmer, a programmer in Portland, Oregon, USA.
In 2021, under Elon Musk’s strong promotion, dogecoin quickly became one of the hottest currencies this year, with an increase of more than 11,000%. It can be regarded as a dominance in the capital market, surpassing the so-called leaders such as Bitcoin and Tesl. The current market value is higher than that of new and old tycoon such as Twitter and Ford, and the price of the currency has repeatedly hit new highs, with a 6-month increase of more than 260 times, and the market value once reached about 92 billion US dollars.
Under the operation of a series of tweet by Elon Musk, dogecoin has risen and ushering in a rare moment of highlight. The popularity of Dogecoin allowed the community to actively search for the “next Dogecoin”, which led to a series of animal currency booms. In addition to the popular Dogecoin, Shiba Inu coins (SHIB) and Pig Coins (PIG), there have also been newly launched Panda Coins (XMB), FEGtrack (FEG), and Lion Coins (LION), and even Dogzcoin (DOGZ) and Pikachu (PIKA) have all joined the animal currency transaction.
According to data from the gate.io exchange, many animal currencies have risen hundreds of times in a day.
However, it was once said that “ Capital comes dripping from head to foot, from every pore with blood and dirt. ”
On May 8th, during the recording of NBC’s popular late-night comedy show “Saturday Night Live”, Musk was asked if Dogecoin was a “scam”. He replied affirmatively: “Yes, a scam.” The honest answer caused Dogecoin to drop by nearly 40%, and the user revenues are also disastrous.
There is a similar logic that can be followed in the current animal frenzy:
1. Do not make any innovations in technology, plagiarize the open source code of existing mature projects completely;
2. Use the community as the main channel for crazy communication. Except for a very small number of projects such as lowb that have a community culture, the others are all for the purpose of making money;
3. Waiting for the exchange to go online to increase the price. In other words, the exchange is the last and most important step, and the collusion between the exchange and the project party is not even ruled out.
Therefore, the animal world after the madness is bound to leave a place of feathers. The current market urgently needs a project with the characteristics of energy saving, environmental protection, and recyclable development to support the large-scale commercial use of blockchain in the future.
On May 13th, Tesla CEO Elon Musk said on Twitter:
Tesla is considering using cryptocurrencies with lower energy consumption. And, expressed concern about the impact of Bitcoin on the environment. Based on this, it is not difficult to see that energy-saving mining is the future.
On March 18th, 2021, Chia Network, a cryptocurrency project founded by BitTorrent founder Bram Cohen, officially released the Chia 1.0 mainnet with XCH token, opening a new trend in the currency that leads the industry and attracting the attention of the market. The price of hard disks soared 2–3 times within a week, and it’s very hard to buy a hard disk.
As we all know, the mining mode of Bitcoin is PoW, which consumes a lot of electric energy and is often labeled as a “waste of power”. Chia Network uses cheap, redundant and highly dispersed unused hard disk storage space to ensure green mining while lowering the mining threshold. Anyone can participate in mining.
Chia Network founder Bram Cohn said: I want to make a better Bitcoin, but the core problems of excessive waste and resource centralization still need to be solved. Cohn founded ChiaNotwork, which is a core blockchain project based on proof of time and space. , It is a type of secure cryptocurrency that is more environmentally friendly and more efficient.
In fact, under the recent trend of carbon peak and carbon neutrality, the energy consumption of cryptocurrency mining has attracted much attention. At present, many mining companies have announced the use of renewable energy, and green and sustainable cryptocurrency mining may become a trend.
Therefore, building a new blockchain, more energy-efficient, safer, and decentralized projects is the future development direction of the industry.
Conform to the needs of the times, the green, environmentally friendly, energy-saving, sustainable and circular plant currency Leaf came along with the trend.
Leaf is a project initiated by a group of geoscientists and tech geeks who are concerned about the ecological environment. They have a clear and profound understanding of the development of the blockchain industry, the scale of Leaf ecological development, and the underlying logic. The Leaf technical team is committed to building a first-class mining pool construction system, a sound dynamic allocation mechanism, and an intelligent management system.
From the perspective of user experience, build a humanized mining pool underlying architecture, intelligently allocate computing power and store snapshots in real time, and improve the efficiency of block generation and coin production.
Technically, create a first-class Leaf green energy-saving mining pool.
Adhering to the development concept of Leaf’s green blockchain, Leaf will use its own capital advantages to improve the current blockchain’s wasteful and redundant proof mechanism. Solve the problem of excessive consumption of electricity and computer resources, open a new model of green energy-saving mining, thereby empowering the development of the blockchain industry and leading the Leaf green energy-saving ecology.
With the vigorous development of the Bitcoin mining market and the deduction of global climate politics, Leaf has accelerated the arrival of the “Green Mining” era. It solves the conflict between Bitcoin energy demand and green environmental protection, and enables the entire encryption industry to truly achieve sustainable development.
