Core Ignition Drop Claiming Guide

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 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
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There will be a global cryptocurrency, but it won't be bitcoin, says Gary cohn

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there will be global cryptocurrency, but it won't be bitcoin.

Gary Cohn, former Goldman Sachs President and former Chief Economic Advisor of the U.S said he thinks the world will have a global cryptocurrency that is not bitcoin.

After Cohn left Goldman Sachs, he joins the White House as the National Economic Council Director for the Trump Administration. One year later, Cohn left the White House when President Trump announced plans to levy tariffs on aluminium and steel imports- a move that Cohn advised against.

Since then, Cohn has expressed interest in the emerging markets of cryptocurrency and blockchain applications, even proposing a "business idea" that combines blockchain with banking. Cohn told CNBC's Bob Pisani in an interview.
"I'm not a big believer in Bitcoin. I am a believer in blockchain technology."
Also, he made it clear the Bitcoin is too complex as a cryptocurrency and unfriendly to the average user's experience when it comes to mining and its cost.
"I do think we will have a global cryptocurrency at some point where the world understands it and it's not based on  mining costs or cost of electricity or things like that,"
 Bitcoin is created through an energy-intensive "mining" process that has come to require specialized computer hardware. The cryptocurrency is also the first application of blockchain technology, which eliminates the need for a third-party intermediary by rapidly creating a secure, permanent record of transactions between two parties.

The technology allows bitcoin users to send funds across borders quickly at a low cost. however, bitcoin has run into challenges such as handling high transaction volume.

Cohn expects the digital coin of the future will be simpler than bitcoin.
"It will be a more easily understood cryptocurrency, it will probaly have some blockchin technology behind it, but it will be much more easily understood how it's created, how it moves and how people can use it."
 Whether Bitcoin will be the world's truly "global cryptocurrency'  is uncertain, but it is becoming clear that cryptocurrency as a whole is making strides towards mass adoption by the general public corporations, and governments.

Bitcoin is currently trading at $8,517.57 USD. as of press released.


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Comments

  1. Skyroky.blogspot.com23 October 2020 at 20:33

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  2. Unknown25 October 2020 at 12:45

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  3. Unknown29 October 2020 at 08:49

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