

๐๐ฒ๐ฐ๐ฒ๐ป๐๐ฟ๐ฎ๐น๐ถ๐๐ฒ๐ฑ ๐ช๐ฒ๐ฏ๐ฏ ๐ฃ๐ฎ๐๐บ๐ฒ๐ป๐๐
Andrew (BSC.News)
Hello everyone and welcome back to another AMA! Today we have @SebastianDePay from DePay joining us to talk about their multichain platform
Great to have you here today Sebastian
Sebastian from DePay
Hi everyone ๐
Andrew (BSC.News)
So how this will work is, the AMA will consist of two rounds. The first round will be us going through the questions that I had prepared for you before hand. And then the second round will be a community round where I will open up the room to allow questions to come in. The second round is also where we will select the two winners of our giveaway
Sound good with you?
Sebastian from DePay
Sounds good, let's do this.
Andrew (BSC.News)
Okay great
So to get things started
1. Please introduce yourself and the team behind DePay.
Sebastian from DePay
The DePay core team consists of Alex, Aleks, and me.
We are like The Holy Trinity of Crypto: Engineering, Growth, and Finance (as those are our individual backgrounds).
Alex is a growth hacker with over a decade of experience in SEA, SEO & Digital Analytics. He founded his first Crypto related business in 2014.
In recent years, he was responsible for managing seven-figure advertising budgets whilst implementing one of the world's largest Content Marketing projects. This involved the utilization of Python automation for NLP (Entity Analysis, Keyphrase Extraction, Web Scraping & Data Mining) together with the design & implementation of in-house tools to manage remote freelancers.
Aleks qualified as a chartered accountant with Deloitte in December 2006, supported by a brief secondment in Boston during Q1 2007.
He then moved to London where he worked as a credit research analyst within the banking sector for nearly 3 years.
For the next 10 years, Aleks specialized as an independent credit risk business analyst supporting numerous regulatory-driven project initiatives across various top-tier banks. These risk projects were essential in ensuring the stabilization of the banking sector post the 2007-2009 market crash from both a risk management and capital efficiency perspective.
I've started developing software at an early age. I've studied computer science and interaction design and have extensive experience building applications for big IT companies serving millions of users while also leading technical teams by example.
I also started building on Ethereum in 2018. My first blockchain interaction was spent working on gu.cards, an NFT browser, and an exchange for Gods Unchained cards.
In September 2020 I had the idea to build a payment widget on top of DeFi and he implemented the first beta version of DePay at the ETHOnline hackathon in October 2020.
DePay and the team are currently based in Switzerland which really lets us sleep well at night (regulatory speaking).
Andrew (BSC.News)
Awesome thank you for that introduction to such an amazing team!
2. What is DePay?
Sebastian from DePay
DePay is a fully decentralized, any-to-any token, multichain payment protocol, which allows integrators to easily offer crypto payments to their customers.
DePay calculates the most-cost effective payment routes, based on the connected wallet's scan results to immediately offer the most cost-effective
payment when users perform payments in the decentralized web.
Let me make an example...
Imagine you want to receive a payment, let's say in USDT, and you ask somebody to send USDT,
so now that other person does not have any USDT he needs to convert/exchange something else first on an exchange.
If you would use DePay to perform that payment instead, it would automatically calculate payment routes through decentralized exchanges (e.g. PancakeSwap)
and it would offer a payment method for any token of value in your wallet, e.g. CAKE.
Then if you select that CAKE token, it would route it through PancakeSwap and pay the resulting USDT to the payment receiver.
All in one transaction.
Here is an example of such a transaction on bscscan:
And here you can see our sleek web3 payments widgets in action:
Andrew (BSC.News)
Okay wow that's interesting
When I first watched the video, I was curious as to how you could gather liquidity from so many different pairs
But utilizing lots of Dapps in the space makes so much sense
Sebastian from DePay
typically payments are small numbers, as Uniswap and Pancakeswap broguht big money facilitating trading
building payments on top - liquidity wise - was rather simple
Andrew (BSC.News)
Okay nice
So the next questions is
3. What is the DePay token and how does it work on your platform?
Sebastian from DePay
The DEPAY token grants governance rights over the decentralized protocol and unlocks DePay PRO.
DePay PRO is a subscription for users that require more than just the basics when it comes to payments.
Think of having a business accepting crypto payments with DePay Payment โฆ
and now they want to have DePay PRO to sent or display a bill to their customer including fees and details about the payment, this would be a DePay PRO feature and the business would either need to pay DEPAY tokens monthly or stake a bigger amount one time to unlock those features and there are plenty of those features in the payment context:

But the DEPAY token does not only have a utility part, it also has a governance part.
Whilst the initial demand driver for DEPAY tokens will be utility, the governance aspect, and the features that this can unfold will become more prominent over time.
The initial utility-led growth will transition to community-led growth as the ownership of the DePay protocol is handed over to the community. This will secure a decentralized future for the protocol and ensure that the community becomes integral to development and sustainability.
We believe that the future of the decentralized web will contain only protocols that are autonomous, censorship-resistant, publicly owned, and thus truly decentralized.
You can learn more about the DEPAY token on our token page: https://depay.fi/token
Andrew (BSC.News)
Wait this is super neat stuff Sebastian
So just as a quick side question
Would you consider DePay as paving the road when it comes to infrastructure ?
Sebastian from DePay
It's all building blocks, we used dexes which use blockchains, it's just everything comes together
Andrew (BSC.News)
As in building that bridge between DeFi users and non users
Sebastian from DePay
We certainly simplify DeFi for non techincal people, as you don't need to use exchanges anymore (in theory) when interacting with dApps.... we simplify it to the basic, human interaction again...
a payment!
not a, go to exchange X, dance your name, come back and give us the token we are asking for.
๐
Andrew (BSC.News)
Awesome, so before we unpack a bit more there
4. Can you tell us more about your IMO? Why should users participate?
Sebastian from DePay
We have seen a lot of hacks of bridges this year in the crypto space.
This fact and the fact that bridges are not really decentralized (yes, we are decentralization maxis) we decided against bridges when growing DePay onto additional blockchains (like Binance Smart Chain as the latest addition to the DePay multichain protocol).
Instead of a bridge, we came up with the idea of an Initial Multichain Offering.
Instead of duplicating an existing token onto another chain, we actually halved our total supply and brought the one half onto the Binance Smart Chain without any bridge.
As we prefer to incentives and reward existing token holders, those will also be the only ones able to claim DEPAY tokens on BSC as part of our launchpad.
So existing token holders will be the only holders of DEPAY when we launch DEPAY on PancakeSwap 15th of November ๐, which will also kickstart our tokenomics on BSC.
This does not mean there will be no bridges, it just means we will not run an official one, especially not from the start.
Maybe eventually when bridges are more mature and more secure, we will set up an official one, too.
In regards to why you should participate in our IMO, simply because it allows you to own a token before it launches on a DEX.
So it's the classic launchpad scenario. ๐
Only a few selected, whitelisted people get the chance to have the token before it launches on a DEX.
And that's especially important if you think about all the bots buying up initial IDO supply the second the pair launches.
๐ค ๐ซ
It's also our way of rewarding existing DEPAY holders, as we like to share the success of growing onto additional blockchains with the community.
Andrew (BSC.News)
That is very interesting
Sebastian from DePay
We are no fish, so we didn't decide to swim with the current.
๐ ๐๐ก
Andrew (BSC.News)
Yes the IMO concept is very innovative
5. How does DePay work?
Sebastian from DePay
DePay is built on top of decentralized exchanges. DEXes like Uniswap and PancakeSwap brought not only the liquidity required for exchanges to DeFi, but they also grew the number of available pairs immensely.
We use dexes and all those thousands of pairs to convert anything to anything if needed in order to execute payments.
But not only that, we also support multiple chains at once, so people accepting payments with DePay can accept payments on multiple chains at the same time.
So once the payment process with DePay starts, we scan the connected wallet on multiple chains, find assets that are convertible on decentralized exchanges, and offer the most cost-effective route to perform a payment.
Then when users submit the payment transaction our DePay router smart contract takes care that within 1 transaction the token selected as means of payment is exchanged into the target token and send to the payment receiver.
Feel free to read through our technical documentation to get more details:
Andrew (BSC.News)
Okay, so in theory say I want to send you some money. But all I have is $CAKE and you want $BUSD. Can this be done?
Sebastian from DePay
sure, with ease... the party starts with crossing blockchains... and you will see us announcing more in that direction towards the end of the year
Andrew (BSC.News)
Awesome! Thanks for that clarification
6. How would projects benefit from integrating DePay?
Sebastian from DePay
For integrators DePay is also super simple to integrate, it's basically just a small library (some lines of code) and people can start accepting payments on their website or dApp.
Checkout Cryptogems.tips latest integration of DePay as an example:
Besides, we are the only 100% decentralized payment solution, which means, no signup, no middle-man, every payment goes directly into your wallet!
The way blockchains were intended to work: peer-to-peer!
Also our wallet scan is one of a kind, it allows us to immediately suggest to most cost-effective payment method to users.
Our any-to-any token payment conversion also outperforms existing payment solutions by a landslide, enabling 40.000+ tokens across ethereum and bsc to be used as means of payment, have you seen such an amount of accepted tokens anywhere else before?
You can follow up on our product page if you want to learn more about our products:
For integrators, there is also an allocated reward treasury for early-adopting our protocol.
So if you are running a website or dApp, or if you plan to accept crypto payments,
you might want to get in contact with us so that we can help you implement DePay.
While we initially focused on integrators, we will also provide more and more standalone features that can be used without technical knowledge, like "send a payment", or "request a payment".
Andrew (BSC.News)
Yes so for anyone out there looking to start their own project or with your own project, make sure to give your users a seamless and easy process to spend their money :)
7. Are you audited? How can users be assured that their funds are safe?
Sebastian from DePay
Yes, we are audited. Our payment router has been audited 3 times and no major issues have been found.
See here: โ very technical, but that's security audits ๐
Also, from a security perspective, as our payment router only routes funds through decentralized exchanges from A to B within 1 single transaction, it's less
vulnerable to attacks.
Our protocol does not store tokens in any form. Ergo there is no Locked Token Value that hackers could get access to.
Andrew (BSC.News)
Great! Thank you for that information Sebastian!
So last but not least
8. Any exciting news you would like to announce today?
Sebastian from DePay
Yes, indeed...
We finished the integration of a very essential component Today, which is paying...
Smart Contracts
Everything I've said before about how DePay works (any-to-any payments) does not only apply to payments that you send to other people's wallets...
DePay also allows paying smart contracts.
And there are a lot of examples, we are used to already, that DePay can simplify, think of:
- Launchpads
- Staking Pools
- NFT Exchanges
When we interact with those kind of platforms, we often do perform transactions into smart contracts,
now those kinds of platforms can also integrate DePay to allow people to perform those "payments" with anything they have in their wallet to perform payments into their smart contracts.
No more exchanging DAI to ETH to buy NFTS on OpenSea!
No more exchanging ETH to DAI before staking in AAVE!
No more exchanging BUSD to BNB when participating in a Launchpad!
All of this is the past, and we are thrilled looking forward to how we can simplify payment interactions with blockchain technology even further,
Andrew (BSC.News)
Great, thank you for that exciting news!
Would you be able to share links to your social media for us?
Sebastian from DePay
yes,
guys and gals make sure to follow us on twitter
and especially for the open question round make sure you've joined our telegram...
I will consider that when picking questions
Andrew (BSC.News)
Okay nice
Make sure to go and check out DePay everyone! They are a new multi-chain platform that is bringing innovative payment infrastructure to the Binance Smart Chain!
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Get the inside scoop on the hottest Web3 gaming trends and movements in our weekly Yoda Lab newsletter.
Yoda Labs Weekly Digest

- Great games are on the way in 2023 Says Animoca CEO
- Unveiling of its trailer, Oath of Peak recorded pre-registration of 500k players
- BigTime is going BIG with rewarding payers and holders
- You can now play games using your Ledger wallet. Could this be the future?
- 69% of respondents believe the metaverse will reshape social lifestyle - do you agree?
- Web3 will push online gambling to grow to $300 billion, and investors are committing big $$$ to funds

Web 3 Gaming Newsย ๐ฏ๐ฎ
- As gamers begin to accept the dynamics of web 3games, Animoca Brands CEO, Robby Yung believes many great games are to come in 2023.
- Oath of Peak, one of the most ambitious gaming projects in Web3 has over $20 million invested, reports the pre-registration of more than 500,000 players.
- Generating more than 1 million monthly transactions, the biggest NFT-based strategy game on Polygon Planet IX,โ will join Chainlink BUILD programme to aid in distributing in-game goods at random.
- Big Time is looking to reward NFT holders and active players in a BIG way. Their planned airdrop includes 100k Utility NFTs distributed over eight months based on Collectible holdings and game playtime.
- With a proven track record of delivering games,ย the team behind game studio Spacewalkers is redefining how investors can share in the project's profitability.
- Metalandsย Alpha 2.0 will bring the first taste of Hybrid Battle Royale to the public and there is still time left to register. The FPS game introduces a new PvP mode adding a twist to the idea of battle royale.
- Launching on 31st January, soulbound reward cards coming to Splinterlands. This new reward set edition is associated with Chaos Legion and consists of 43 cards.
- Champions Ascension minting is now live for Prime holders with public free mint from Jan 26th featuring the second highest tier Characters.
- Minting is now live for Prime holders with public free mint from January 26th.ย The second NFT mint for Champions Ascensionย is a free mint featuring the second highest tier Characters.
- Having recently sold land plots and built on the BNB chain, the third city map for Mega World is nearly ready. Opening to players on February 15th special packs, new buildings, and cross-chain features will be made available.
- Twitch founder's 'fractal' gaming nft marketplace on polygon is launching with 30 partners and is looking to land on other EVM chains too.
- Built on the Lyra engine in Unreal 5ย and with the aim of becoming the Fortnite of web3, free-to-play FPS, FORA launches its first game and is inviting beta testers to participate.
- Runner will exist as a comic book, an NFT profile picture (PFP) project, possibly a video game, and eventually a TV show under Unkelessโ production company Clubhouse Pictures.
- Eyes on the prize, Delphi Digital is specifically watching these teams and games - should we be watching them too?
- Cometh Battle is a card battle game with a twist. It needs a Ledger wallet and could position Ledger as an alternative gaming app store to Apple and Steam.
- With their "Last Chance Saloon," SinVerse has decided to give consumers one last opportunity to wager SIN tokens through a 2.5M SIN token prize pool, and whitelist opportunities for the land sale.

Web3 Gaming Trends ๐ฅ๐
- Is Tokenizing simulated live gameplay the future of web3 gaming? Having worked with Marvel, Lucasfilm and Disney Marc Seal CEO of Sortium certainly thinks so.
- With Slot Hunter Casino leading the way, web3 technology has the potential to revolutionize online gambling by providing a secure, trustworthy, transparent platform for gaming.
- Co-founder of Illuvium discusses the ability to engage a mass audience as casual mobile games are the easiest step into gaming. Is this a trend that everyone is missing?
- According to the Delphi Digital 2023 report, long-term multiple company partnerships are becoming a trend to address the lack of an ecosystem of publishers for web3 games.
- PlayFi monetization methods via metagames is the perfect approach for web3 games find out why.
Exploring the Metaverse ๐ธ๐ค
- Decentral Games targets web3 natives and continues to adjust its play-to-earn rewards structure to limit ICE inflation as Messari shares its findings in their report titled the State of Decentral Games Q4 2022.
- As the metaverse continues to develop, it will have the possibility to impact social life in a more tangible manner. A newย surveyย from CoinWire,ย found 69% of respondents have placed their bet on the metaverse to reshape social lifestyle.
- LandVault has worked on 200+ metaverse activations developing virtual land for platforms such as Roblox, Sandbox and Decentraland has announced it has signed with top talent agency Creative Artists Agency to weather the bear market.
- A new take on Metaverse gaming as RobotEra allows users to create NFT-based land, structures, and in-game items, develop new metaverses, and connect with other NFT communities.
- UN Environment Programme (UNEP), aims to use the metaverse to increase reach has released a new game called Apollos Edition teaching worldwide players aged 13- 18 about environmental education.
- Aiming to drive dog adoption pet food company Pedigree has created a program called the Fosterverse, allowing Decentraland property owners to โfosterโ digital versions of real-life rescue dogs.

Funding in Gaming, and the Metaverse Space ๐ธ๐ฐ
- Looking to capitalize on real money-wagering, a sector that is looking to grow from $70 billion to $300 billion, Courtside Ventures raises $100M fund for sports, collectibles, wellness, and gaming.
- Digital Village, the metaverse developer, aims to take the friction out of the experience. Powered by VeChain, the technology platform has raised $4 million thanks to LโOrealโs VC โ BOLD and the British Fashion Council.
- With 150+ million fans worldwide, players can now raise their pets in the metaverse as Neopets raises $4 million from industry leaders such as Polygon, Haskey Capital, and Blizzard Avalanche Fund.
- Gaming Breaks $100 billion total announced activity with 431 total blockchain gaming deals this is a 224% increase from a year earlier.
- Last valued at $1.25 billion,ย Mythical Games eyes $50 million raise and integrates the technology of NFT marketplace DMarket.
- Animoca Brands Japan funds Psychic VR Labs with 100 million Japanese Yen to help fast track the vision of โrealizing the world where people wear a space'
- Netmarble's MARBLEX has provisionally signed up with Binance to to bolster its infrasture to push on with MBX 3.0 and enchance the MBX ecosystem.
- Charging $7,500 per masterclass, Gemba's Metaverse training software is utilized by Nike and Carlsberg raises $18 million in a Series A financing led by Parkway Venture Capital.

Where to find Yoda Labs:
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This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Binance Research: 2023 Is Looking Up Despite Q4 Market Cap Decrease

The Binance Research team outlines downtrends across several verticles but sees a small boost to begin 2023.
Binance Research Quarter 4 Report
A team at Binance Research released its State of Crypto: Market Pulse report for Quarter 4 of 2022. Consisting mostly of graphs and data, the report highlighted how the year ended with a general downward trend, but several indications show a strong 2023 could be on the way.
The 45-page report of slides, released on January 27, reviewed several key verticles across the industry and gave a general assessment of the industryโs end-of-the-year performance. The overall market pulse is still positive despite the 15% decline in the market capitalization of the industry.
Here are some of the trends from industry verticles in the report:
- Layer 1s: General downtrend with Solana as an outlier
- DeFi: Long downtrend across 2022
- Non-Fungible Tokens (NFTs): Down in Q4 but up for all of 2022.
- GameFi: Dominates Web3 with 80% market share.
Despite the overall downward trend in the market, Binance Research sees a small pick-up to begin in 2023. Prices have been readjusted and the bottom appears to be in.
Read the full report from the researchers JieXuan Chua, Shivam Sharma, Kaushik Guduru, and Mac Naggar here.
What is Binance Research:
Binance Research is the research arm of Binance, the world's leading cryptocurrency exchange. The team is committed to delivering objective, independent, and comprehensive analysis and aims to be the thought leader in the crypto space. Our analysts publish insightful thought pieces regularly on topics related but not limited to, the crypto ecosystem, blockchain technologies, and the latest market themes.
Where to find Binance Research:
What is Binance:
Binance positions itself as the worldโs leading blockchain ecosystem and crypto-asset infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The Binance platform aims to increase the freedom of money for users and features a comprehensive portfolio of crypto-asset products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization, and infrastructure solutions.
Where to find Binance:
Website | Twitter | Discord | Telegram |
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Core DAO Integrates With Switchboard for Permissionless Data Connection

Core DAO partners with Switchboard to give developers access to on-chain and off-chain data.
Core DAO Announce Partnership with Switchboard
Following its recent integration with LayerZero, Core DAO has announced its partnership with Switchboard, empowering developers to access secure and permissionless connections to on-chain and off-chain data.
Core developers will leverage Switchboardโs oracle network to gain data such as sports, weather, price, and more. Core DAO notified users about the collaboration on January 27 through Twitter.
Weโre excited to announce our integration with @switchboardxyz ๐ค
— Core DAO (@Coredao_Org) January 27, 2023
This integration empowers developers to access secure and permissionless connections to on-chain and off-chain data.
Read more here: https://t.co/ssmF1eFBTg#CoreDAO #SatoshiPlus
Switchboard is a permissionless multi-chain oracle protocol for general-purpose price feeds. The collaboration will give developers the tools like Publisher and Explorer to manage and build their data fields. Through an official Medium announcement, Core DAO expressed delight at the collaboration.
โSwitchboard grants Core developers access to data that is otherwise unavailable and increases the scope of applications that can be created with both on-chain and off-chain data. Weโre excited about this partnership and empowering developers to build on Core,โ the blog read.
Blockchains need oracle networks to access any data. The partnership with Switchboard will provide access to data for developers and contribute to the protocolโs development in the industry. In the meantime, Core is working on launching its native oracle solution, which promises to exceed traditional blockchain capabilities.
Read more about the collaboration in the Core DAO Medium announcement.
What is Core DAO:
Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the history of the crypto ecosystem paired with an even greater excitement for Coreโs role in its future.
Where to find Core DAO:
Website | Docs | Twitter | Discord
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Author
Core DAO Tweets Clarifications About Consensus Mechanism In Wake of Launch

The Satoshi Plus consensus mechanism combines PoW and DPoS to achieve a scalable, secure, and decentralized blockchain.
The Satoshi Plus Consensus
Core DAO broke into the Decentralized Finance (DeFi) space with its Satoshi Plus consensus mechanism, solving the blockchain trilemmaโDecentralization, security, and scalability.
To remind users about the revolutionary solution, Core DAO published a Twitter thread on January 27. The Satoshi Plus consensus combines Bitcoinโs Proof of Work (PoW) network and Ethereumโs Delegated Proof of Stake (DPoS) to solve the blockchain trilemma.
The consensus of a chain creates its foundation. PoW and PoS do not need to be opposing methodologies. Properly implemented, the two should work in harmony.
— Core DAO (@Coredao_Org) January 27, 2023
A ๐งตbelow ๐ #SatoshiPlus #CoreDAO
In summary, Core DAOโs thread was published to remind the community Satoshi Plus Consensus mechanism combining PoW and PoS:
- Anyone can participate in a PoW consensus mechanism.
- PoW takes abundant energy and molds it into scarcity. Combining energy and scarcity creates value that anyone can create and earn.
- PoS mechanism without PoW tends towards centralization, ensuring users pay early adopters to participate.
- They restrict network governance to a small group, which is more similar to a corporation than truly crypto-enabled decentralized governance.
- The Satoshi Plus consensus solves the issue of centralization from the PoS inflexibility by combining the openness of PoW.
- The consensus mechanism allows PoW and PoS to work in harmony.
BSC News explained the Core DAO revolutionary blockchain, including the Satoshi Plus consensus. You can learn more about the network in this article.
What is Core DAO:
Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the history of the crypto ecosystem paired with an even greater excitement for Coreโs role in its future.
Where to find Core DAO:
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This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Binance Angel: โBinance Is A Big Entity--But Like a Familyโ

Binance Angel speaks about the great reception and his casual encounter with CZ.
Binance Angel Shares His Story
Binance shared a short interview video of Binance Angel Mikki Nielsen, who divulged his crypto past and how he became a Binance Angel.
Nielsen opened up in the Binance interview, explaining how he has been involved in crypto since 2011, when he first got into bitcoin but only recently heard about Binance last year. Once he learned about Binance and Binance Angels, Nielsen admits he felt like he had found a big family. He even describes his โcasualโ meeting with Binance CEO Changpeng Zhao.
Take a look at the short interview shared through Binanceโs social media.
Meet @MikkiNielsen4, a long-serving member of the @BinanceAngels team.
— Binance (@binance) January 27, 2023
Watch this video as he takes us on a journey through his experience since becoming a #Binance Angel and what he enjoys the most about it! pic.twitter.com/e9DvfIRJcU
What is Binance:
Binance positions itself as the worldโs leading blockchain ecosystem and crypto-asset infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The Binance platform aims to increase the freedom of money for users and features a comprehensive portfolio of crypto-asset products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization, and infrastructure solutions.
Where to find Binance:
Website | Twitter | Discord | Telegram |
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Follow us on Twitter and Instagram!
If you need tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, cryptonomics explainers, and Trading Tool Kits from BSCย News.
Looking for a job in crypto? Check out the CryptoJobsNow listings!

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