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📉 Complexity of $BTC mining has increased by 7.96% As a result of another recalculation, which took place on July 12, the mining difficulty of the first cryptocurrency increased by 7.96%, reaching a value of 126.27 T. This brings the figure closer to the historical maximum, which was recorded in May and amounted to 126.98 T. After the complexity change, the average hashrate of the network decreased to 797 EH/s and the inter-block interval increased to 11 minutes. According to Hashrate Index data, the hashrate dropped from ~$64 to ~$59 per PH/s per day after the recalculation. This offset all the upside that was driven by the digital gold rally and ATH reaching above $123,000

Cosmos Ecosystem; Web3 on Chains We will examine the Cosmos ecosystem, which has recently come to the fore with its different structure and aimed to make a difference in the blockchain and crypto ecosystem with its innovations. It is an eagerly awaited innovation for us, the blockchain and crypto ecosystem, as it will make an impact in different dimensions with the contributions it has made and will continue to make to the ecosystem. The Cosmos blockchain ecosystem was founded in 2016 by Jae Kwon and Ethan Buchman. Cosmos is a project that aims to create a distributed network where different blockchains can communicate with each other. In this way, token transfer and data sharing between different chains is possible. Thanks to Cosmos, blockchains are no longer islets but are becoming an interconnected ecosystem. In the Cosmos ecosystem, each blockchain can have its own security and management model and can also interact with other chains. Cosmos' vision is to create a scalable and useful ecosystem in the future where thousands of different blockchains work interconnected through the Cosmos network. With this vision, Cosmos aims to pave the way for the widespread use of blockchain technology. Cosmos Ecosystem: The Key to Inter-Blockchain Communication Blockchain technology is a technology that has developed rapidly in recent years and has begun to be used in many different areas. One of the most important features of blockchain technology is the reliable storage and sharing of data without the need for a central authority. This feature has allowed blockchain technology to be used in many different areas. However, one of the biggest problems encountered in the development of blockchain technology was the lack of communication between different blockchain networks. This situation prevents data and applications created in different blockchain networks from interacting with each other, and the resulting lack of interaction causes all technological activities to be disrupted. The Cosmos ecosystem is a project developed to enable inter-blockchain communication. The Cosmos ecosystem provides an infrastructure that enables different blockchain networks to communicate and work together. The Cosmos ecosystem consists of the following key components: Cosmos SDK: Cosmos SDK is an open source framework for blockchain development. Cosmos SDK allows developers to quickly and easily create their own blockchain networks. Tendermint consensus algorithm: Tendermint consensus algorithm is a consensus algorithm used in the Cosmos ecosystem. The Tendermint consensus algorithm ensures fast and reliable operation of blockchain networks. IBC: Inter-Blockchain Communication (IBC) is a communication protocol used in the Cosmos ecosystem. IBC enables the exchange of data and messages between different blockchain networks. The Cosmos ecosystem offers the following advantages for enabling inter-blockchain communication: Convenience: Cosmos SDK simplifies blockchain development, enabling more developers to build blockchain networks. Reliability: Tendermint consensus algorithm ensures fast and reliable operation of blockchain networks. Flexibility: The Cosmos ecosystem has an adaptable structure to meet different needs. The Cosmos ecosystem is one of the most important projects to ensure inter-blockchain communication. The Cosmos ecosystem makes significant contributions to the development and wider use of blockchain technology. Application Areas of Cosmos Ecosystem The Cosmos ecosystem has the potential to be used in many different areas. Some of the potential application areas of the Cosmos ecosystem include: Finance: The Cosmos ecosystem can help create a more efficient and secure financial system by enabling finance applications to communicate with each other. E-commerce: The Cosmos ecosystem can provide an easier and faster shopping experience by enabling e-commerce applications to communicate with each other. Healthcare: The Cosmos ecosystem can enable healthcare applications to communicate with each other, helping deliver better, more personalized healthcare to patients. Education: The Cosmos ecosystem can help create a more efficient and effective education system by enabling applications in the field of education to communicate with each other. The Future of the Cosmos Ecosystem The Cosmos ecosystem continues to play an important role in the evolution of blockchain technology. It is expected that the Cosmos ecosystem will become a standard solution in enabling inter-blockchain communication. Here are some predictions for the future of the Cosmos ecosystem: More blockchain networks will join the Cosmos ecosystem and more communication will occur between these networks. The Cosmos ecosystem will become a platform for new and more advanced applications. The Cosmos ecosystem will help blockchain technology be used more broadly. The Cosmos ecosystem is an important project for the future of blockchain technology. By enabling communication between blockchains, the Cosmos ecosystem helps blockchain technology be used in a wider area and operate more efficiently. As a result, see you at Swissotel Bosphorus between 2-4 October to get to know the Cosmos ecosystem and benefit from all its technological advantages. #ContentStar #HotTopicDiscussion #ContentMining #NewYearCelebration #GateioBountyCreator #BountyCreator #GateLive #GateioLive #ContentCreator #NewsMessenger #MyFancyCreator #CryptoObserves

he Central Bank of Brazil published yesterday on GitHub the guidelines with which more than 16 companies will participate in the tests of the Real Digital, the national currency or CBDC that is under development in Brazil. Now, the Kit Onboarding – Real Digital Pilot repository has the development project available that anyone can access. The documentation presents the architecture defined for the pilot, the topology and other details that participants must take into account for the start of the next Real Digital testing phase, scheduled for this month of July. So the 16 corporations, companies and banks that will participate in the Real Digital tests already have the necessary information to configure and implement the nodes with which they will connect to the network. In this phase of the Real Digital project, the privacy and programmability functionalities will be tested through the implementation of one of the 13 use cases provided by the Central Bank. This is a delivery-versus-payment protocol for federal public security between clients of different institutions. Among the financial institutions and companies selected to carry out tests are Bradesco, Nuclea, Nubank, Banco Inter, Microsoft, Santander, Itaú Unibanco, as well as Visa and Mastercard. After Banco do Brasil published the Real Digital guidelines on GitHub, some Brazilian users of the platform have begun to voice their concerns and make requests. One of them asked if “will the addresses and the source code of the contracts be made publicly available?”. Shortly after, another person pointed out: "I wish you would share the source code, because after all, this project was created with public resources and should be open for everyone to audit and suggest improvements," he says. This user also shared a website that shows the initiative of thousands of people and multiple organizations in Europe, who ask that technological projects that are supported with public money be open source. The proposal maintains that projects paid for by citizens must be available to all” and also “be more transparent”.

Inter Milan had a good start today

The cryptocurrency market woke up to a red chart today. While Bitcoin (BTC) was dragged back to the $22,000 band, significant losses were observed in the altcoin market. However, Aptos (APT) and Quant (QNT) continued to gain value despite the red chart. Aptos has managed to become the star of the latest uptrend. The project started mainnet operations with a strong airdrop in 2022. Although the network is fairly new, it has managed to attract the attention of the blockchain community. APT continued its rise today and climbed above the $13 band. Project developers achieved significant success in 2023, especially in the field of NFT. There are many NFT projects in the Aptos network. A group including the Aptoads, Aptomingos and TopazMarket NFT collections held an event earlier this week to develop Aptos NFTs. Quant (QNT) Focuses on Bridges Quant, which is among the important Layer 1 projects, focuses on bridges developed for inter-chain transfers. Bridges built with networks such as Ethereum and BNB Chain are vital for Layer 1 projects. Industry leaders such as Avalanche and Solana have connected with Ethereum DeFis after the bridges they established in 2021. After this, there were jumps in AVAX and SOL prices. Quant developers also touched on the risks of bridges in the analysis they shared. Community member Dr. Luke Riley believes that a detailed study in this area will lead them to success; Bridges are used to move digital assets from one blockchain to another and are a core concept for interoperability. Unfortunately, they are often cited as an important point of vulnerability in large-scale hacking and theft cases. This need not be the case, bridges can be designed securely if the right architecture and protocols are in place. As it will be remembered, Wormhole, which served as a bridge bet#BountyCreator ween Solana and the leading altcoin Ethereum, was attacked by cyber hackers and caused great losses.$APT$$QNT$