Transcending the Blockchain with Solana, Maker and Moshnake

by Arthur · October 7, 2022

Millions of people are using the opportunity of the crypto collapse to buy into projects at lower prices than their all-time highs. One of the projects that gets a lot of attention in the coin market is Moshnake (MSH) Token.

We will use the version of the term “hacking” popular among cypherpunks. They define it as “exploring the limits of what is possible”, usually through ingenious methods.

A blockchain is a distributed ledger or database that is shared between the nodes of a computer network. It stores cryptographic data in a tamper-proof system and plays a crucial role in the creation of decentralized records of financial transactions.

In this guide, we will examine the next big cryptocurrency that degens and financial investors are supporting because of their innovative approaches to providing important Web3 solutions.

Table of Contents

Solana, the fastest blockchain alive

Solana (SOL) is a well-known blockchain platform designed to host scalable, decentralized applications (dApps).

This Proof-of-Stake (PoS) blockchain adds a Proof-of-History (PoH) concept to achieve the three desirable characteristics of a blockchain project: security, scalability and decentralization.

The hybrid feature catapults Solana (SOL) into a league of its own in terms of the number of transactions processed per second, making it thousands of times faster than Bitcoin. Additionally, the gas fees needed to validate transactions are markedly lower, a tiny fraction of the amount used by rival Ethereum (ETH).

The effects of these hacks have placed SOL near the top of CoinMarketCap’s list of most valuable cryptocurrencies by market cap. It ranks 9th on the list at the time of writing, and its current market cap of $11 billion is expected to surpass previous records.

Maker is security for the cryptocurrency market

Maker (MKR) is the initial token of the Maker Protocol, the decentralized finance (DeFi) project behind Dai (DAI), the community-driven stablecoin.

Maker (MKR) is a governance token that gives members of MakerDAO a chance to vote on the implementation of proposals affecting DAI.

Maker (MKR) exists on the Ethereum blockchain and is used to vote on which cryptocurrencies can be added as collateral. Oracles to be used to deliver real-time market price data are also decided through voting.

New Maker (MKR) tokens are either burned or minted, depending on the amount of Dai generated through the collateralization of other cryptos. This dynamically changes the total supply of MKR.

The Maker token (MKR) benefits from the voting power it gives holders. Furthermore, the price is predicted to appreciate with the success of the stablecoin.

Moshnake, the GameFi hack

This hot new project borrows influence from the legendary Snake game to create a community where participants are rewarded for their investment.

The Moshnake (MSH) team is building a community-focused game-to-earn game where players can experience a PvP and PvE twist on the classic Snake arcade game.

To access these features, intended players can participate in the ongoing presale, where one MSH token can be purchased for $0.04. This is one of the best deals in the GameFi ecosystem.

A minimum purchase of 1000 MSH tokens is offered when one deposits the equivalent amount of Binance Coin (BNB) into their digital wallet and signs the contract that executes the trade.

Players must own a Moshnake (MSH) NFT and an available balance of Venom (VEN) in the game’s currency to unlock game content.

Fans love this project because it pays homage to one of the most popular mobile games while presenting huge revenue opportunities. As more investors buy in, it is expected to join the cryptocurrency list of successful metaverse gaming tokens.

Projects that use unique strategies to hack through blockchain problems enjoy relative success compared to others. Moshnake (MSH) uses NFT technology and a common, familiar concept to promote social connection and create financial rewards for participants’ skills and resources.

The token presale is the perfect opportunity to add one of the best long-term crypto investments to your portfolio.

Moshnake:

Website: https://moshnake.io
Telegram: https://t.me/MoshnakeOfficial
Twitter:

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