Core Ignition Drop Claiming Guide

Posted by
 The Core Ignition Drop, which started the rewards claim on June 10, 2024, allows Coretoshis (Core Community) to unlock incentives for their contributions and engagement in the Core Blockchain. The Incentives claimed by the participating community are based on their activities up from the day they join the program until the snapshot is taken. In this article, I will discuss how to participate in the Core Ignition Drop, its benefits, and more. What is Core Ignition? Core ignition is an incentive program developed by the Core Foundation to jumpstart the growth of the DeFi ecosystem on Core Blockchain, the program started on March 11th, 2024, and will continue for six months, providing ample time for users to participate and reap the benefits, rewarding the community for their contributions to the network. By participating, users can earn rewards while simultaneously helping to fuel the growth and adoption of the Core ecosystem. The Core Ignition Program is for both ecosystem users and We
0

Alibaba Denied New P2P Platform is Relating to Crypo

Posted by



The Chinese e-commerce company

The Chinese e-commerce Alibaba was reported to have launched its own cryptocurrency mining platform, the company has issued an official statement Tuesday, Jan. 16, denying that its platform is related to either virtual currencies or their mining.

According to the official statement, published on the microblogging platform Weibo, Alibaba's recently launched platform 'P2P Nodes' has been mistakenly reported as cryptocurrency-related.

The statement further clarifies that the platform is actually a peer-to-peer (P2P) Content Delivery Network (CDN) service provided by Alibaba Cloud designed to allow users to improve their network speed by sharing unused broadband connections with each other.

P2P Nodes credits users with points for validating data on its network, a concept which might sound similar to how Bitcoin miners earn bitcoins for processing transactions.

However, according to Alibaba's statement, the points in P2P Nodes are not cryptocurrency-based, cannot function as a currency and can be exchanged for items in the platform's own gift shop.

The company's statement further reads:

"We reiterate that Alibaba Cloud has never issued a Bitcoin-like currency, and it will not host any [cryptocurrency] mining platforms"


Spread the news

Comments

Post a Comment