Trending February 2024 # Avalanche (Avax), Gala (Gala), And Snowfall Protocol (Snw) Soar By 50%. What’s Happening? # Suggested March 2024 # Top 9 Popular

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Avalanche, Gala, and Snowfall Protocol have been on an uptrend. The three cryptos have registered strong growth on the back of positive developments in their ecosystem. So, why are these newer cryptocurrencies registering double-digit growth while the established blockchains keep the investors waiting? Here is what’s happening with Avalanche, Gala, and Snowfall Protocol (SNW).

Avalanche (AVAX) Breaks New Ground

Avalanche is a rival blockchain to Ethereum. Like Ethereum, Avalanche uses smart contracts that support the various projects on the blockchain. Avalanche has been primarily used to secure its native blockchain and pay the transaction fee on the network.

Avalanche saw a significant price jump after signing a collaboration deal with Amazon. Amazon Web Services (AWS) needed a platform to execute and manage smart contracts to perform ownership transfers and financial transactions based on live market data. Ethereum is the current leader in smart contracts. However, AWS surprised everyone by picking a rather smaller player like Avalanche.

Avalanche is not leaving any stone unturned to ensure that the AWS collaboration news reaches every crypto investor. Avalanche is publishing blogs that explain how Avalanche users can now access a wide spectrum of AWS features and assets.

Avalanche may be the first formal blockchain partner for AWS, but it certainly won’t be the last. AWS will partner with other smart contract platforms to deliver blockchain-as-a-service to early-stage Web3 startups.

Gala (GALA) Is Moving Up with the Market

Gala’s crypto gaming system is powered by the GALA token. The recent gain in GALA’s price is in sync with the increase in prices of gaming-related NFTs in the crypto-verse. 2023 has been a good year for gaming NFTs, and the trickle-down effect can also be seen in the Gala prices.

According to most experts, the increase in GALA’s prices is due to a rise in NFT trading volume over the past week. The NFT trading volumes have zoomed past 30%, surpassing the $200 million mark.

Gala is experiencing a rise due to the high tide. So, the increase in prices may not be sustainable. However, if the market remains strong, Gala may continue posting positive gains for the next few weeks.

Snowfall Protocol (SNW) Offers a Strong Use Case

Snowfall Protocol (SNW) is an interoperability project that links multiple blockchains together. Although the crypto is scheduled to be launched in early February, Snowfall Protocol (SNW) has registered tremendous gains in its presale stages. The token’s price appreciation is primarily on account of its use case. With Snowfall Protocol (SNW), crypto users can transfer their assets and holdings from one blockchain to another without hassle. So, Snowfall Protocol (SNW) is offering a solution to a common problem a crypto user faces, and investors believe in the Snowfall Protocol (SNW) solution.

Since its presale, Snowfall Protocol (SNW) has continuously appreciated in value. The demand for the coin was such that its stage 2 sale had to be closed a day early because the coin sold out. By stage 3, the coin had already shot up by 250%.

Experts have predicted that the coin will continue to gain value after its launch. It is expected to offer an RoI of 1000% in the months following its launch.

You're reading Avalanche (Avax), Gala (Gala), And Snowfall Protocol (Snw) Soar By 50%. What’s Happening?

Snowfall Protocol (Snw) Likely To Overtake Stacks (Stx) And Fantom (Ftm) Soon!

2024 is winding down as one of the darkest periods in crypto history. Yet, many investors aren’t throwing in the towel too soon. New presale sensation Snowfall Protocol (SNW) seems to provide a timely glimmer of hope. Stacks (STX) and Fantom (FTM) investors are joining the fray.

Many of the new Snowfall Protocol (SNW) investors are former Stacks (STX) and Fantom (FTM) loyalists who want to open a new page in their crypto journey. Indeed, Stacks (STX) and Fantom (FTM) investors have had their share of trouble this year, and it isn’t easy to hold it against them for venturing out.

Stacks (STX): An Immediate Recovery Seems Far Away

Stacks (STX), the ERC-20 native cryptocurrency, oils the wheel of operations in the level 1 Stacks blockchain network. When Stacks (STX) launched in 2023, its inventor company, Blockstack PBC, announced that there were 1.32 billion Stacks (STX) up for grabs. However, it will take till 2025 for all the Stacks (STX) to enter circulation.

Stacks (STX) was valued at $0.21 when it debuted on the market and only managed to cross over the $1 mark a year later in 2023. However, Stacks (STX) did the unbelievable by rising to $2.70 in mid-2024, falling to $0.60 only a few months later, and shooting to its unprecedented $3.61 in November of the same year. Again, Stacks (STX) experienced a sharp fall and has seen more red than green in the past 30 days. Its current price is $0.2496.

Fantom (FTM): Fails to Meet a Lot of Expectations

Fantom (FTM) is the native token of the Fantom (FTM) proof-of-stake blockchain. Fantom derives its bragging rights from its speed and scalability and was launched in 2023 to compete with Ethereum. Fantom (FTM) is a smart contract platform whose Fantom (FTM) token debuted in 2023.

Fantom (FTM) will only circulate 3.175 billion coins at the most and won’t attain maximum circulation until a few more years (many predictions favor 2024). Fantom (FTM) has given investors more red lights than green this year, dropping by 90.52% from its price in January. At the moment, Fantom (FTM) seems like bad news, especially for long-term investors.

Snowfall Protocol (SNW): Posting a Sensational Performance

Snowfall Protocol (SNW) has been super-attractive since its launch and presale a few weeks ago. Firstly, who wouldn’t love the golden opportunity to cash in on a new cryptocurrency?

For Snowfall Protocol (SNW), experts say that its investors can expect up to a 2500% spike in value. Also, Snowfall Protocol (SNW) is a unique capability to enable exchanges between fungible and non-fungible tokens. Snowfall Protocol (SNW) allows these exchanges across any blockchain platform.

Snowfall Protocol (SNW) protects your investment by ensuring stability. With an 8% withdrawal fee tax, volatile and erratic investors will be encouraged to make long-term investment commitments.

Snowfall Protocol (SNW) is in its presale second phase, which runs for the next 3 days with over 1,000,000,000 tokens available at $0.015. There is no better time for Stacks (STX) and Fantom (FTM) investors to buy Snowfall Protocol (SNW), then relax and watch their investment 1000x before they know it.

Hybrid And Remote Work: What’s The Difference

After the coronavirus pandemic, companies have changed their view of the usual organization of the workflow. The focus shifted from the place and time of work to the goal and result. Established models are transforming, giving way to new approaches. With this in the background, many companies see the future behind a hybrid model that combines remote and office work.

Remote work has fundamentally changed people’s perception of the role of work in their lives. Returning to the office is challenging. For example, in five major developed economies, the US, Germany, the UK, France, and Australia, in 2023, only a quarter to a third of office workers who worked remotely during the pandemic returned to the 5-day work week in the office.

Jobs with the option to work remotely receive 2.5 times more responses than similar job offers exclusively in the office. According to a Microsoft study in 31 countries conducted in early 2023, 52% of full-time office workers plan to work remotely over the next year, while almost the same proportion of employers, 50%, plan to bring all their employees back to the office. Managers worry that working from home reduces the efficiency of their subordinates.

Before the start of the pandemic, there was a strict division into “regular work” and “remote work.” Now businesses are looking for hybrid work, while employers have found that employees are in no hurry to return to their jobs. So far, the market has yet to form a unified approach to hybrid work. Each company builds forms in its own way, depending on the specifics of its business. The most optimal solution would be not formal compliance with the policy of “three days in the office, two days working from home” but maintaining a constant dialogue with employees and finding a mutually beneficial solution, whether it’s a startup team or big business.

Benefits and Challenges of Remote Work

More and more services are moving online, so more and more professions are moving to work online. And at this point, a logical question arises: “Why should I go to the office?” And this question is not only by the employees but also by the company management: “Why should I pay for an office if employees can work from home?”

Until 2023, working from home was more of a privilege. Small business and freelancing had their nuances, but if you worked in a large company and could not go to the office, you were lucky. There are people who not only do not lose productivity at home but also increase it by saving time.

Also read:

Top 10 IoT Mobile App Development Trends to Expect in 2023

Benefits and Challenges of Office Work

Is There A Compromise?

As a result, we see that remote work is not a universal tool. It is only suitable for some employees and only for some tasks. Employees whose responsibilities are clear, whose tasks are well described, and whose solutions do not involve many meetings remain productive at home. Those with research, management, initiative and communication jobs are more likely to have trouble working remotely.

If you ask employees where they want to work, in the office or at home, most will say: “I want to be able to come to the office sometimes.” So we came to allow employees to go to the office as needed, but even here, everything is not so simple.

Although a “hybrid” is a step towards more flexible work in the future, it can include many variations. The whole point of hybrid work is to give workers the choice of when and where to work. Employees have more autonomy to work whenever they want, not just when they are strictly limited to office hours. Ideally, this is the best option: planning and communication on the one hand and independence and flexibility on the other.

Also read:

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Hybrid Work and Its Challenges

You can not keep a spot in the office for each employee; it is wasteful. The phrase “To be able to come sometimes” most often means 2-3 times a month. Many employees, having the opportunity to go to the office, rarely do it. Here are the main problems of employees who do not want to go to the office:

“I don’t know anyone there” Employee onboarding process is an important and complex topic, especially when working remotely.

“There’s no one there” Sometimes, it’s better to tie employees’ visits to the office to events, general meetings, or parties. It is better to gather people in chats for those who want to find a company for going to the office. You can gather people in the office as a team for a specific task; later, this mechanism starts to work on its own, and employees self-organize.

Conclusion

The hybrid format of the company’s work is a tool that can give many valuable things, both for the company and its employees. When used correctly, it can significantly reduce staff outflow and increase employee loyalty and productivity. But it needs to be used wisely, as it is only suitable for some.

Jet Protocol Lists On Ascendex

AscendEX is thrilled to announce the listing of the Jet Protocol token (JET) under the trading pair JET/USDT on Oct. 14 at 1 p.m. UTC. To celebrate the listing of JET, AscendEX will host two separate auctions that will take place simultaneously on October 13 between 1 p.m. and 2 p.m. UTC.

Jet Protocol will be launched as an open-source, non-custodial, borrowing and lending protocol on the Solana Blockchain. It engineers new possibilities for capital efficiency, performance, and scalability.

Jet allows users to participate in lending pools where they deposit supported tokens to receive interest, or “yield” over time, as a participation incentive. Those deposits remain in a pool used for issuing loans to other users for as long as the assets remain delegated. 

Jet believes that borrowing and lending protocols are integral to the DeFi ecosystem. The decision to build on Solana was based on its unmatched transaction speed and low fees. The Solana integration will allow Jet to contribute and grow on-chain DeFi lending.

The project anticipates a gradual integration of broader interest and more efficient trading. In addition to lending, Jet will introduce interest rate products and secondary markets on Serum, facilitating ongoing, community-driven, lending product research and development.

Through these methods, Jet makes it easy for users to earn interest with their JET tokens.

Jet is planning to launch with a dedicated governance system that leverages their founding team’s unique and extensive experience in protocol governance. This governance-oriented approach aims to work with the community to set a clear precedent for how the Protocol will operate.

Jet will innovate on tested governance models from existing protocols while focusing on community ownership and engagement. The most important aspect of this approach is to build an inclusive community to research, design, and implement useful lending products.

So, the token holders will have a say in the future of the platform. This focus on community is core to Jet’s mission of bringing DeFi protocols into the mainstream.

Prior to a successful mainnet launch this week, Jet recently completed a follow-on funding round that included AscendEX among other partners bringing in a total of $6.8mm to the project. This latest fundraise has highlighted the strong support for Jet from a variety of stakeholders including AscendEX.

About AscendEX 

AscendEX is a global cryptocurrency financial platform with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 200 blockchain projects such as bitcoin, ether, and ripple.

Launched in 2023, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions. 

AscendEX has emerged as a leading platform by ROI on its “initial exchange offerings” by supporting some of the industry’s most innovative projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum.

For more information and updates, please visit:

About Jet Protocol

Jet Protocol will launch as an open-source, non-custodial borrowing and lending Protocol on the Solana Blockchain. Jet re-engineers what’s possible in terms of capital efficiency, performance, and scalability on Solana.

The Protocol allows users to participate in lending protocols where they deposit supported tokens to the platform and then receive interest on their deposits to incentivize participation.

For more information and updates, please visit:

Bandwidth Allocation Control Protocol (Bacp)

Bandwidth Allocation Control Protocol (BACP) is a protocol used in Asynchronous Transfer Mode (ATM) networks to control the allocation of bandwidth among different virtual channels. It is used to ensure that bandwidth is allocated fairly among competing traffic streams, and to prevent any one traffic stream from monopolizing the network.

BACP operates at the edge of the ATM network, in the ATM Adaptation Layer (AAL). When a virtual channel is established between two endpoints, BACP is used to negotiate the amount of bandwidth that will be allocated to that channel. BACP also monitors the usage of the channel, and adjusts the allocated bandwidth as necessary to ensure fair allocation among all channels.

BACP uses a combination of both reservation-based and explicit rate-based methods to allocate bandwidth. In reservation-based allocation, a virtual channel is allocated a fixed amount of bandwidth that it is guaranteed to have access to. In explicit rate-based allocation, a virtual channel is allocated a maximum amount of bandwidth, but it is not guaranteed to have access to that much bandwidth at all times. Instead, it must compete with other channels for the available bandwidth.

BACP also provides mechanisms for handling congestion and ensuring Quality of Service (QoS) for different types of traffic. When network congestion occurs, BACP may reduce the amount of bandwidth allocated to certain virtual channels, or may temporarily block new virtual channel requests, in order to ensure that existing channels continue to receive the guaranteed minimum level of service.

BACP Functions

BACP has several key functions that it performs in order to control the allocation of bandwidth in ATM networks −

Bandwidth negotiation − When a virtual channel is established between two endpoints, BACP is used to negotiate the amount of bandwidth that will be allocated to that channel. This ensures that each channel receives a fair allocation of bandwidth, and prevents any one channel from monopolizing the network.

Monitoring and adjustment − BACP monitors the usage of each virtual channel and adjusts the allocated bandwidth as necessary to ensure fair allocation among all channels. This dynamic adjustment of bandwidth helps to optimize network performance and prevents congestion.

Congestion control − BACP provides mechanisms for handling network congestion by reducing the amount of bandwidth allocated to certain virtual channels or temporarily blocking new virtual channel requests. This ensures that existing channels continue to receive the guaranteed minimum level of service even when the network is congested.

Quality of Service (QoS) support − BACP supports different levels of QoS for different types of traffic. It allows to provide different levels of service for different types of traffic, such as real-time video or audio, and ensures that these types of traffic receive the necessary bandwidth to maintain high-quality service.

Support of different allocation techniques − BACP can use both reservation-based and explicit rate-based methods to allocate bandwidth. Reservation based allocation assign a fixed amount of bandwidth that is guaranteed to the user, while explicit rate-based allocation assigns a maximum amount of bandwidth, but is not guaranteed to have access to that much bandwidth at all times.

In summary, BACP is a protocol that is responsible for allocating bandwidth efficiently and fairly, preventing network congestion and assuring Quality of Service. It utilizes different allocation techniques, monitors the use and adjusts accordingly, as well as controls network congestion in order to ensure optimal network performance.

BACP Commands

BACP commands are used to control and configure the Bandwidth Allocation Control Protocol (BACP) on a device that implements the protocol, such as a router or switch. These commands are used to establish and configure virtual channels, set bandwidth allocation parameters, and monitor and troubleshoot BACP operation.

Here are some examples of common BACP commands −

create vc − This command is used to create a new virtual channel between two endpoints. It is typically used to establish a new connection between two devices.

modify vc − This command is used to modify an existing virtual channel. It can be used to adjust the bandwidth allocation for a channel, or to change other configuration parameters for a channel.

show vc − This command is used to display information about virtual channels. It can be used to view the status and configuration of existing virtual channels, or to troubleshoot problems with virtual channels.

delete vc − This command is used to delete an existing virtual channel. This can be used to terminate a connection between two devices, or to remove a virtual channel that is no longer needed.

show bacp − This command displays information about the current BACP configuration, such as the number of virtual channels that have been established and the amount of bandwidth that is currently allocated to each channel.

debug bacp − This command can be used to enable debugging messages related to BACP operations. It can be useful to troubleshoot issues with BACP.

These are just a few examples of BACP commands that may be available on a device that implements the protocol. The exact commands and command syntax will depend on the specific device and its software version, it’s also important to note that BACP is not widely used and older technology and the commands may be different or not exist in newer equipment.

BACP Header Format

The BACP header format is used to structure the information that is exchanged between two devices using the Bandwidth Allocation Control Protocol (BACP). The header is typically included in the payload of an ATM cell and contains information that is used by BACP to control the allocation of bandwidth among different virtual channels.

Here is an example of the format of a BACP header −

Field

Size (bits)

Description

Version Number

4

Identifies the version of the BACP protocol that is being used.

Reserved

4

Unused bits that are reserved for future use.

Message Type

8

Indicates the type of BACP message that is being sent. This can include messages such as “bandwidth request,” “bandwidth allocation,” “bandwidth release,” and “bandwidth query.”

Virtual Channel Identifier (VCI)

16

Identifies the virtual channel that the BACP message is related to. Each virtual channel is assigned a unique VCI value.

Virtual Path Identifier (VPI)

8

Identifies the virtual path that the BACP message is related to. A virtual path is a logical grouping of virtual channels that share a common path through the network. The VPI value is used in conjunction with the VCI value to identify a specific virtual channel.

Requested Bandwidth

32

The amount of bandwidth that is being requested or allocated in the BACP message. This field is only present in certain types of BACP messages, such as “bandwidth request” and “bandwidth allocation.”

As you can see the header is composed by fields such as version number, message type, Virtual Channel Identifier, Virtual Path Identifier and Requested bandwidth. Each field contains information that is used by BACP to control the allocation of bandwidth among different virtual channels.

It’s also important to mention that as I mentioned before, BACP is not a widely used protocol today and the header format and structure might not be the same in all devices that implement it, but the general idea of it is similar.

What’s The Difference Between Facebook Stories And Messenger Stories

Now that Facebook has introduced the Story feature in its own app as well, you might be wondering, “Wasn’t there Facebook Messenger stories as well that was launched just last week?”

If you are confused with all that’s happening, let me clear your doubts.

Facebook Messenger Stories aka “Your day” feature is completely different from the Facebook app’s Stories. By different we mean both are separate story streams. Whatever you upload to Facebook Story is not reflected in the Messenger Story, while same goes for Messenger Story as well.

However, functionality wise both remain similar i.e. you can enhance your photos and videos with doodles and captions. And, similar to all the other “Stories” of other apps, Stories in both Messenger and Facebook app disappear after 24 hours.

In case you are wondering, why have two separate mediums to share Story via FACEBOOK, it’s because they have a different audience. Really different audience. And that has some effect, as even WhatsApp had to bring back old status feature back as About when it faced backlash from majority of its users.

Also read: 8 cool new WhatsApp Status Tips and Tricks

Facebook stories are visible only to your friends, and strictly to your friend list, as of now. You cannot keep your stories public. However, Stories on Messenger are visible to all the people you have interacted with via Facebook Messenger, even if it was just once. They might not be on your friend list. So beware. But the good thing is, you can change the privacy settings for Messenger Stories and restrict it to custom people.

Here is a detailed talk on similarities and differences between Facebook Stories and Messenger stories.

Facebook Stories vs Messenger Stories: the differences

Facebook Messenger Story is also called “Your day”. There is no other name for Facebook Story, it is known by one name “Story”.

Facebook Messenger Story lacks the amazing Facebook filters. Though it comes with its own filters, the quantity and quality are less.

Facebook Messenger doesn’t allow you to change the color of captions, only the background can be changed that is also predefined.

There are more color options present in Facebook Messenger Story.

Unlike Facebook Story, where you have to hold the color to increase the brush size, in Facebook Messenger Story, you have to drag the color towards the left to increase the brush size.

You can flip your photo in Facebook app Story. The feature is missing in Messenger Story.

There is no Direct Messages for Messenger Story that disappears after you have seen them in the Messenger. The replies to your story are sent via the normal Messenger chat. (Though there is a secret conversation feature, but that is not related to stories). Whereas, in the Facebook app, if you send a message through Facebook Direct or reply to the story of your friends, it disappears after the other person has seen it twice.

To pause a story in the Facebook Messenger, just tap it. However, in Facebook app, you have to pinch the story to pause it.

You can hide or mute stories of other people in the Messenger, however, the Facebook app lacks this feature.

As mentioned above, Messenger comes with Privacy features, unlike Facebook Story that published your story to your entire friend list.

Facebook Stories vs Messenger Stories: the similarities

Being from the same developer, the apps feature a lot of commonalities between them. And if you have worked your way through messenger app, you would feel at home on Facebook app too when looking to post a story or two.

Whatever you upload in the story disappears after 24 hours on both apps.

You can add captions and doodle in both of them.

Double tap to switch the camera instantly.

Both allow you to publish media from your gallery.

Both allow you to save the edited photo/video to your gallery.

Both allow you to tap the photo once to move to the next story. Also, swipe to move to the next screen is available on both the apps.

Did Facebook really need stories in the mainstream app?

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