Safemoon’s contract is directly copied from Ethereum’s smart contract RFILIQ. Safemoon even maintains the spelling errors of the original contract. Yet, 4JNET’s core team comes from internationally renowned enterprises like Oracle, Microsoft and IBM, so it boasts technical strength.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
.
DirectoryFoundersInvestorsProgrammersExchangesVenture CapitalCrypto WalletsTrading Apps
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies. Necessary Necessary Always Enabled Analytics analytics Other other Save & Accept Bir yanlışlık olduğunu düşünüyorsanız [email protected] adresine mail atarak durumu iletebilirsiniz. Hızlı ve güvenilir bir internet deneyimi için Google Chrome / Mozilla Firefox öneriyoruz Bitcoin NewsEthereum NewsNFT NewsDeFi NewsAltcoin NewsBlockchain NewsPress ReleasesSponsoredCryptonews DealsIndustry TalkICO news FeaturesOpinionsPeople In Crypto Bitcoin VideosEthereum VideosAltcoin VideosBlockchain VideosICO VideosMarket VideosSecurity VideosTrading VideosDeFi Videos BitcoinEthereumAltcoinsBlockchainNFTCryptocurrencyDealsICOs / STOs / IEOsTrading Tools News + Bitcoin NewsEthereum NewsNFT NewsDeFi NewsAltcoin NewsBlockchain NewsPress ReleasesSponsoredCryptonews DealsIndustry TalkICO news Exclusives + Videos + Bitcoin VideosEthereum VideosAltcoin VideosBlockchain VideosICO VideosMarket VideosSecurity VideosTrading VideosDeFi Videos Guides + BitcoinEthereumAltcoinsBlockchainNFTCryptocurrencyDealsICOs / STOs / IEOsTrading Tools Exchanges Market Cap Price Tracker Podcast English Deutsch Français Русский Türkçe Nederlands Italiano العربية فارسی 中文 Español Português Cryptonews Reviews Binance.US Binance.US Open Account
Crypto exchange urges investors to take ‘long-term’ view while results suggest feverish dealings have cooled
Yet some crypto watchers have raised red flags over SafeMoon’s unusual structure. It charges a 10 per cent fee to buy tokens and another 10 per cent to sell — almost unheard of in the digital currency world. Half of these fees are paid to owners as an incentive to keep holding and the other half goes into a liquidity pool controlled by the developers. SafeMoon calls itself a DeFi token, or one that uses decentralized finance to govern functions through software, but it has a chief executive officer and chief operating officer. Critics also worry about the discretionary nature of the “manual” coin burns used to adjust its circulation. After 19,000% early gain, crypto SafeMoon’s rules to tamp down selling raise red flags Back to video
He added: "You’re simply reliant on someone further down the line being willing to pay more than you did to turn a profit, which is a risky bet indeed."
Hank Wyatt, SafeMoon’s vice president of research and development, said in a Discord chat that the team will eventually “host an open beta” version before releasing the full application.
We want to help you make more informed decisions. Some links on this page — clearly marked — may take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money.
4JNET has been a favorite of the top players in the crypto space. It has received thumbs from experts and senior players throughout the market. This support is attributed to the underlying logic and protection mechanism of encrypted tokens. It ensures that the tokens are held through time and hedges against market deflation when investors dump their holdings.
‘Not Considering’: Zimbabwe Government Clarifies Stance on Legalising Cryptocurrency
No matter if crypto is going up or down, the best thing you can do is to not look at it. Set it and forget it like you would any traditional long-term investment account. “If you let your emotions get too much into it then you could sell at the wrong time, or you might make the wrong decision,” says Yang. “You stress out about it, and I don’t think that’s a healthy way to approach it.”
Although “smart contracts” represent an important move toward addressing the lack of chargebacks and refunds in cryptocurrencies, it remains to be seen whether they’re enough to solve the problem completely. Still, they’re at least partly responsible for Ethereum’s success.
Welcome to the premium services of Business Standard brought to you courtesy FIS. Kindly visit the Manage my subscription page to discover the benefits of this programme.
AlphavilleMarkets DataCapital MarketsCommoditiesCurrenciesEquitiesFund ManagementTradingMoral MoneyETF HubCryptocurrenciesClimate
Copyright©2021 Living Media India Limited. For reprint rights: Syndications Today
USWorldPoliticsBusinessOpinionHealthEntertainmentTechStyleTravelSportsVideosAudioCouponsWeatherMore