blockchainreporter
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise
No Result
View All Result
Bet Now
blockchainreporter
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise
No Result
View All Result
blockchainreporter
Bet Now
No Result
View All Result
Bitcoin
BTC
1d:
7d:
Ethereum
ETH
1d:
7d:
Polkadot
DOT
1d:
7d:
Solana
SOL
1d:
7d:
Ripple
XRP
1d:
7d:
Shiba INU
SHIB
1d:
7d:

Centralized v Decentralized: Logarithmic Finance and UNUS SED (LEO)

Wayne Jones by Wayne Jones
June 22, 2022 - 10:43 am
in altcoins news, sticky
0
Logarithmic Finance
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Although there are many cryptocurrencies on the market it’s hard to know the different features they all offer. If you are not familiar with the term, a decentralized cryptocurrency is a blockchain-based app that coordinates large-scale trading between many users. A decentralized platform is known to offer more data and financial security than a centralised platform. If a platform is centralised,essentially it is controlled by one entity or enterprise, whereas in a decentralised platform control is shared with independent commodities. 

In the crypto world, most people tend to have a debit card or some sort of card payment in their wallet. The issuing bank is the centralised authority. First used with Bitcoin, decentralised exchanges do not rely on any banks or companies but instead use an interwoven system of users and their devices. 

What Is UNUS SED (LEO)?

UNUS SED (LEO) is a utility exchange-based token on the Bitfinex exchange managed by iFinex. The Ethereum-based token offers traders reduced fees on Bitfinex and has proven to be resilient, keeping its spot on the top 20 cryptocurrencies. It has been recently ranked as one of the best performers with many investing in it despite the price drop during the market crash. 

Bitfinex allows users to exchange Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and many more assets with minimal slippage while offering top-tier liquidity. 

Funding is traded on an order book at various rates while liquidity providers have the ability to generate yield by providing funding to traders wanting to trade with leverage. By providing traders with access to peer-to-peer funding markets, the platform allows up to ten leverages. 

The platform is expertly tailored to meet the specific needs of professional and institutional traders including sub-accounts, expected verification and dedicated customer support. 

Logarithmic Finance (LOG)- The Next Decentralised Platform Striving to Boom

While there are many token swapping protocols on the market, Logarithmic Finance (LOG) is aiming to further strengthen and completely decentralise liquidity auctions and fundraising by integrating the cross-chain movement of tokens between heterogeneous blockchain networks. 

A platform built to promote seamless connectivity between early-stage innovators and investors, LOG has plans to incorporate the most significant blockchains including Polygon (MATIC), Tezos (XTZ) Solana (SOL) and many more. 

LOG is the governance and utility ERC-20 token of Logarithmic Finance, with the platform observing the integration of ERC721 for NFTs and multi-chain token standards. 

The platform is planning on ensuring a cost-effective experience for innovators and investors while also ensuring the anchoring of crucial data on the blockchain, enabling optimisation of deployed sources. 

Staking rewards will allow users to stake an amount of LOG tokens and earn rewards or passive income. LOG holders will also be able to create a self-governance community and acquire governance voting rights by staking their LOG holdings to the designated wallets. 

Where Is Bitcoin SV (BSV) at? 

Known as the original Bitcoin, Bitcoin SV (BSV) has delivered Satoshi Nakamoto’s vision of One Global Blockchain. Bitcoin SV is one of the fastest public ledgers with the capability to support over 50,000 transactions per second. Each transaction can be an NFT, smart contract, or a crypto-graphically secure token. BSV focuses on CO2 efficiency transactions and outclasses all competitive blockchains on Coin Carbon Cap since its inception. Competing with VISA, Bitcoin SV does and offers so much more. 

It operates a disruptive, fast, scalable, environmentally efficient and regulation-friendly system, setting many records along the way. Bitcoin Association has recently launched an sCrypt introduction page to detail the opportunities the language offers, how much cheaper it is and how to use it instead of using other smart contract languages. 

sCrypt will be the focus language of BSV, expecting people to use it for its ease of use, foreseeing an increase in the number of smart contracts created on Bitcoin SV. 

BSV also offers resources for “data junkies”, with many more features and information on their website. 

Whether you are looking to invest in decentralised finance or a centralised platform make sure your tokens are as strong choices as Logarithmic Finance (LOG), UNUS SED (LEO) and BSV. 

Find out more about LOG down below:

Presale Website Telegram

Tags: CentralizedCryptocurrencyDecentralized
ShareTweet
Wayne Jones

Wayne Jones

Wayne is a Blockchain enthusiast and expert in crypto trading. Currently, he covers trendy issues on digital currencies and writes regularly for Blockchainreporter.

Recommended For You

Blockchainreporter Weekly News Roundup

by Umair Younas
February 5, 2023 - 2:29 pm
0
crypto

Blockchainreporter has compiled a bunch of important news from this week covering all happenings related to FTX and other exchanges.

Read more

Justin Sun Says TRON Will Offer an AI-Focused Decentralized Payment Agenda for AI Systems

by Umair Younas
February 4, 2023 - 1:02 pm
0
openai

Sun noted in the tweets that the Tron platform will offer an agenda for decentralized payments to facilitate the AI systems OpenAI and ChatGPT.

Read more

Crypto Meets AI: The Intersection of ChatGPT and Cryptocurrency

by Mushu Butt
February 4, 2023 - 5:39 am
0
chatgpt

Discover how the intersection of ChatGPT and cryptocurrency is changing the financial sector. Explore the pros of this novel combination of fintech.

Read more

Bybit Achieves Fivefold Growth Despite Bear Market: CEO Ben Zhou Reflects on the Power of ‘Quiet Growth’

by Mushu Butt
February 3, 2023 - 11:13 am
0
Bybit

Crypto exchange Bybit achieves fivefold growth despite the bear market, solidifying Bybit's leadership position in the crypto derivatives sphere.

Read more

Binance Joins Hong Kong Police Department to Confront Cybercrime

by Umair Younas
February 3, 2023 - 9:53 am
0
Binance

The biggest blockchain infrastructure, “Binance” has recently participated in and provided support for a Virtual Asset Investigation Course (VAIC).

Read more
Next Post
Bitcoin Resistance

Bitcoin (BTC) Faces Resistance at 200-Week Moving Average

PARTNERS LIST

PRESS RELEASE

Game Space Powers Web3 Gaming With the Launch of Player One Tournament, Aligns Partnership with Splinterlands, Gods Unchained and Big Time

by Max Clark
February 3, 2023 - 12:00 pm
0

For Player One Tournament, Game Space will continue to cooperate with more public chains, various gaming guilds, Web3 Infra, Web3...

Metacade presale investment rockets past $5 million as GameFi investors hurry to buy remaining MCADE tokens

by chainwire
February 2, 2023 - 3:38 pm
0

London, United Kingdom, 2nd February, 2023, ChainwireThe Metacade presale is selling out fast with stage 3 coming to a close...

Snowfall Protocol

Joe Biden Reveals Game-Changing Crypto “Roadmap” after $2 Trillion Bitcoin (BTC) and Ethereum (ETH) Crash! Snowfall Protocol (SNW) Still the Top Pick for 2023

by Josh Fernandez
February 2, 2023 - 9:23 am
0

A perennial problem that has dogged the crypto world – and one that Snowfall Protocol (SNW) aims to address –...

Peer Acquires Elite Team of Engineers Behind Zenly’s Popular 3D Maps

by chainwire
February 1, 2023 - 5:44 pm
0

Seattle, Washington, 1st February, 2023, ChainwirePeer today announced the hiring of a specialist team of engineers from Zenly to develop...

BlockchainReporter is a trusted name in the cryptocurrency and blockchain technology news space, keeping its readers abreast of the latest and most significant trends in the industry.

Here at BlockchainReporter, our team of global writers is dedicated to providing price analysis on leading cryptocurrencies and covering the latest developments pertaining to bitcoin news, altcoins news, blockchain news, NFT news and cryptocurrency adoption news from around the world.

News

  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • Adoption
  • NFT
  • DeFi
  • Metaverse

Info

  • Education
  • Glossary
  • Market
  • Press Release

Company

  • About Us
  • Terms & Conditions
  • Advertise
  • Sitemap
  • Contact

@2022 – Blockchainreporter.net. All Right Reserved.

No Result
View All Result
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise

@2023 - Blockchainreporter.net. All Right Reserved.