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Google Cloud operates an audit node on the Solana blockchain… what does that mean?

Google Cloud operates an audit node on the Solana blockchain

Google Cloud will run an auditor on Blockchain Solana, according to the announcement of Google Cloud Services.

The verification tool will soon add new features that will allow Solana Developers (SOL) to integrate with the cloud services provided by Google.

After news broke at the end of the week, the SOL digital currency rose 12% to about $36.80.

The SOL cryptocurrency then returned to trade at $31 at the time of this article.

Google Cloud announced on Twitter that along with the verification tool, the tech giant is also working to add the blockchain node engine to the Solana blockchain in 2023.

Blockchain Node Engine is a fully managed node hosting service that already supports ethereum blockchain.

Nalin Metall, Director of Products at Google, stated at the Solana Breakpoint Conference in Lisbon:

We want to make it one-click to run the Solana knot in a cost-effective way.

She told Google that she had also started a move that would make it easier for Solana Developers ecosystem to access historical data by indexing Solana data and adding it to the BigQuery data repository.

According to Metal, the feature will be launched in the first quarter of 2023.

Mittal added:

Selected startups in the Solana ecosystem were selected to experiment with their credits program.

There are up to $100,000 in cloud credits available for applicants.

Google Cloud introduced the Blockchain Node Engine in late October to help web developers 3 build and deploy new products on blockchain-based platforms.

Web 3.0 companies that feel the need for a custom contract can now use Google Cloud’s blockchain node engine to migrate transactions, deploy smart contracts, read or write blockchain data with reliability and security performance expected from Google Cloud account and network framework.

The Google branch has moved to provide its services on blockchain Solana in order to facilitate the work of developers of web services and products 3.0, aiming “Google” to remain at the forefront and prepare for the reception of the wave of users for web products and services. 3.0

Urgent: A large digital currency is preparing for a massive explosion.. Thanks to Google

Promising currency with bustling heights Solana has revealed a new partnership with Google, smartphones and a Web3 store in Breakpoint.

Solana has made a series of launch announcements as he prepares to take off in the mainstream, which includes the launch of smartphones, decentralized app stores (DApp) and a partnership with Google Cloud, among others.

The four-day Solana Breakpoint Conference from November 4 to November 7 attracted 13,000 people in only one of the four venues held simultaneously.

Prices may be reflected

Analysts say the SOL price has been on a downward trend for three months, but the flow of news and recent events may lead to a reversal.

It is necessary to highlight that Solana currently has a market value of $11.5 billion at the nominal price level of $32, making it the seventh largest digital currency when excluding stablecoins.

Despite its size, SOL’s performance to date reflects a lackluster 82% decline, while its broader global market value fell 56%.

It has been on a steady downward trend over the past three months, but some traders believe it may have reached the bottom at $26.80 on October 21.

Recently, there has been a lot of speculation about the causes of underperformance and some analysts point to competition from the Aptos network.

The downward trend accelerated on October 11 after a leading decentralized funding application on Solana’s network suffered a $116 million breakthrough.

A potential promising partnership was announced on November 2 after Instagram’s integrated support for solana-based non-fungal symbols (NFTs).

This allows users to create, sell and display digital arts and their favorite collectibles. SOL immediately interacted with the 5.7% pump in 15 minutes but recovered the entire motion within the next hour.

Excessive optimism

The futures premium index (base rate) should operate between 4% to 8% to compensate traders for “securing” funds until the expiry of the contract.

Thus, levels below 2% are downward, while figures above 10% indicate excessive optimism.

Data from Laevitas shows Solana futures have been trading down for the past 30 days, meaning the futures price is lower than normal spot exchanges.

Solana Now

Solana’s currency rose during Sunday trading in the range of 5% while jumping 15% in a week as it reached the highest levels of $36 for the code, while rising 10% in thirty days.

However, Solana, which currently has a market value of $ 13 billion, has declined by 80% since the beginning of the year, while rising by 20% in 60 days and by 15% in 90 days.

more details

Vibhu Norby, CEO and founder of Solana Spaces unveiled the Solana Store in Miami, showing a rambling video of people inspecting the store.

The CEO and founder of Solana Spaces said, “Now anyone anywhere can create their own Solana store.”

While explaining the process of building the Solana Store, Norby announced the launch of GeoNFTs – a non-fungal code (NFT) app – which allows users to geo-mark an area of their city.

“If you have GeoNFT, you can replace it 1 for 1 with the exclusive rights to open a Solana store in that area,” Norby said.

With GeoNFTs, Solana aims to empower individual entrepreneurs who want to get into the business.

smartphone

Solana smartphones are available for pre-order in early 2023, and Solana Mobile said while announcing the launch of its upcoming smartphones: “They are for people,” however, the company has yet to announce an official date for availability.

One of the hallmarks of Solana’s phone is its ability to safely store private keys to cryptocurrency portfolios.

Solana’s smartphone will be powered by a Qualcomm chipset that has an arm-based SoC, allowing for higher productivity.

Austin Federa | Breakpoint Lisbon

Web3

In preparation for Web3 disruption, Solana announced the launch of Solana App Store, during the conference, a Solana spokesperson highlighted the need for a good user experience in the Web3.

In support of this case, Solana’s DApp store promises to get rid of fees, revenues and fees. Furthermore, the company has confirmed with interested participants that orders will open in January 2023.

According to the news, Google Cloud will soon become a validation tool for Solana’s contract, and Google Cloud is working to create a verification tool for Solana to produce and validate blocks to participate in the network.

Google Cloud’s Blockchain Node Engine, which was first announced on October 27, will be shown in the Solana series from 2023, and integration will allow users to launch the custom Solana node into the cloud.

In addition, Google Cloud will catalogue Solana’s data and bring it to BigQuery – a fully managed data repository without servers – by next year, making it easier for Solana developers to access historical data.

The article does not express a recommendation or a nomination, but merely monitors market volatility, as trading in cryptocurrencies carries high risks including the risk of losing some or all of the investment amount, which is not entirely subject to bodies and markets.

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Google Cloud operates an audit node on the Solana blockchain… what does that mean?

Google Cloud operates an audit node on the Solana blockchain… what does that mean?

Google Cloud operates an audit node on the Solana blockchain… what does that mean?

Google Cloud operates an audit node on the Solana blockchain… what does that mean?

Google Cloud operates an audit node on the Solana blockchain… what does that mean?

Google Cloud operates an audit node on the Solana blockchain… what does that mean?

Google Cloud operates an audit node on the Solana blockchain… what does that mean?

Google Cloud operates an audit node on the Solana blockchain… what does that mean?

Google Cloud operates an audit node on the Solana blockchain… what does that mean?

Google Cloud operates an audit node on the Solana blockchain… what does that mean?

Google Cloud operates an audit node on the Solana blockchain… what does that mean?

Google Cloud operates an audit node on the Solana blockchain… what does that mean?

Google Cloud operates an audit node on the Solana blockchain… what does that mean?

Google Cloud operates an audit node on the Solana blockchain… what does that mean?

Google Cloud operates an audit node on the Solana blockchain… what does that mean?

Google Cloud operates an audit node on the Solana blockchain… what does that mean?

Google Cloud operates an audit node on the Solana blockchain… what does that mean?

Google Cloud operates an audit node on the Solana blockchain… what does that mean?

Google Cloud operates an audit node on the Solana blockchain… what does that mean?

Google Cloud operates an audit node on the Solana blockchain… what does that mean?

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What is a DEX?

Recognize how decentralized exchanges operate and discover how to use your wallet to access them.

Definition

A peer-to-peer marketplace known as a decentralized exchange (or DEX) is where cryptocurrency dealers do trades with one another.
One of the main uses for cryptocurrencies, DEXs is to facilitate financial transactions without the involvement of banks, brokers, or other middlemen.
The Ethereum blockchain powers many well-known DEXs, including Uniswap and Sushiwap.

A decentralized exchange, or DEX for short, is a peer-to-peer marketplace where cryptocurrency traders conduct transactions directly with one another. One of the fundamental uses of cryptocurrencies is the promotion of financial transactions without the involvement of banks, brokers, payment processors, or any other type of middleman. The most well-known DEXs, such as Uniswap and Sushiswap, make a wide range of financial services accessible straight from a compatible crypto wallet by using the Ethereum blockchain. These tools are a part of the expanding family of decentralized finance (DeFi) products. Decentralized exchanges (DEXs) are flourishing; in the first quarter of 2021, $217 billion worth of transactions passed via them. More than two million DeFi dealers were active as of April 2021, a ten-fold increase from May 2020.

How do DEXs work?

Contrary to centralized exchanges like Coinbase, DEXs only swap cryptocurrency tokens for other cryptocurrency tokens, not fiat cash and cryptocurrency. You may swap fiat for cryptocurrency (and vice versa) or crypto-crypto pairings, such as some of your bitcoin for ETH, through a controlled exchange, or CEX. Additionally, you may frequently make more complex decisions, including placing limit orders or trading on margin. However, the exchange itself handles all of these transactions through a “order book” that determines the price for a certain cryptocurrency based on active buy and sell orders, much to how stock exchanges like Nasdaq do.

On the other hand, decentralized exchanges are nothing more than a collection of smart contracts. They employ “liquidity pools” to facilitate trades and set the values of different cryptocurrencies against one another algorithmically. Investors lock cash in these pools in exchange for rewards that resemble interest.

DEX transactions are settled immediately on the blockchain, in contrast to centralized exchange transactions, which are stored in the exchange’s own database.

DEXs are often created using open-source software, allowing anybody with a curiosity to see exactly how they operate. That also implies that programmers may modify already-existing code to produce brand-new rival projects, as demonstrated by the several DEXs with “swap” in their names, such as Pancakeswap and Sushiswap, who have done using Uniswap’s code.

What are potential benefits of using a DEX?

Huge selection: DeFi is the place to go if you’re looking for a hot token in its early stages. A almost infinite variety of tokens, from the well-known to the strange and completely random, are available on DEXs. You’ll discover a wider variety of projects, both verified and unvetted, because anybody can form a liquidity pool for an Ethereum-based token and manufacture one. (Buyer beware, without a doubt!)

Hacking risks can be minimized: Since every DEX trader’s money are kept in their own wallets, they are supposedly less vulnerable to hacks. (Relatedly, DEXs also lessen “counterparty risk,” which is the possibility that one of the parties involved, maybe even the central authority in a non-DeFi transaction, would go out of business.)

Anonymity: The majority of widely used DEXs don’t ask for any personal information.

Peer-to-peer financing, quick transactions, and anonymity provided by DEXs have increased their popularity in emerging nations, where a strong banking infrastructure may not be accessible. A DEX allows trading by anybody with a smartphone and an internet connection.

What are some potential downsides?

challenging user interfaces Decentralized exchanges are difficult to navigate and require some specialist expertise; plan on doing a lot of study and don’t count on the DEX to provide much assistance. Typically, you’ll need to search elsewhere for a walkthrough or explanation. Due to the possibility of making a mistake that cannot be corrected, such as transferring funds to the incorrect wallet, caution is advised. The coupling of two cryptocurrencies in a liquidity pool, one more volatile than the other, might lead to “impermanent loss,” another frequent problem. (The key lesson here? Make your own inquiries.)

Smart contract weakness Any DeFi system is only as safe as the smart contracts that drive it, and code might still contain exploitable defects that lead to the loss of your tokens (despite thorough testing). Additionally, not all uncommon occurrences, human errors, and hacks can be foreseen by developers, even though a smart contract may function as intended under regular conditions.

higher-risk coins There are more frauds and schemes to be on the lookout for because of the unvetted, wide variety of tokens that are available on the majority of DEXs. When a token’s issuer issues a large number of new tokens, the liquidity pool is overwhelmed and the value of the currency plummets, “rug pulling” a hot token. Read white papers, check out developer Twitter feeds or Discord channels, and search for audits of any specific project you’re interested in before investing in a new coin or experimenting with a new protocol (some bigger auditors include Certik, Consensys, Chain Security, and Trail of Bits).

How do you interact with a DEX?

• Using a cryptocurrency wallet like Coinbase Wallet on your web browser or on your smartphone, you may connect to a DEX like Uniswap. We advise utilizing the Coinbase dapp wallet, which is accessible straight from your Coinbase app, if you are just starting started.
• To begin trading on the majority of DEXs, you’ll also need a supply of Ethereum, which you may obtain via an exchange like Coinbase. You need ETH to pay gas costs, which are necessary for every transaction that takes place on the Ethereum network. These are not included in the DEX’s own fees.

How do DEX fees work?

Fees change. A 0.3% cost, divided across liquidity providers, is charged by Uniswap, and a protocol fee may be introduced in the future. However, it’s crucial to remember that the gas costs associated with using the Ethereum network may sometimes exceed the fees the DEX levies. Lower costs and quicker transactions are goals of the upcoming ETH2 upgrade as well as a variety of “layer 2” alternatives like Optimism and Polygon.

16 Best Decentralized Exchanges

How to inspect your site or a competitor’s site

How to inspect your site or a competitor’s site

How to inspect your site or a competitor’s site

Why should you do a site analysis? 

We must understand well that digital marketing is closely related to methods of analysis and statistics and dealing with numbers and data in order to reach the best result and make the best possible decision in favor of your site, company or business.

The analysis is about providing the necessary data to understand the market, the product as well as the competitors. So why do we analyze websites in the first place? What data may be available to you as a digital market from analyzing the site or the competitor’s websites? What are the appropriate tools? What are the types and methods of analyzing websites? 

All these questions are undoubtedly very important in order to obtain the desired results. Where the question is considered one of the most important pillars of the analysis, I mean by that: 
Why? How? Both of them take into account many of the possibilities that will inevitably lead to reaching the marketing goal, at least in the aspect related to the analysis of your site or the competitor’s site. 

Accordingly, I will refer to many simple analysis methods up to the advanced ones, which will require good technical experience to deal with them later. 

Through this article, I will start first with the tools for identifying the current and past techniques of the site or the competitor’s site, and by that I mean what are the website technologies used at the present time, and what techniques have been used previously, and I will refer to the importance of knowing the site’s technology.

First: the wappalyzer website

The site can be accessed from here: WAPPALYZER

You can use this site to learn about the technologies used for the various websites of other competitors, as the site identifies the most important technologies and software used by the competing site or any site and identifies them. 

You can do the scanning process by clicking on the word free tools and then selecting a Technolog lookup, and then you will be able to add the site whose technologies you want to analyze.

The results appear in the form of a list that defines the different programs, for example, the type of hosting, DNS, analysis and monitoring techniques for the site, linking with other sites and social media sites, the site’s programming language, and many technical matters related to the sites. 

In some cases, the analysis site may not recognize the site’s technology or may not be able to list all the techniques used, so we can go to the next inspection site. 

Second: w3techs website

To enter the site from here: W3TECHSW3techs website is considered easy to refrain and is characterized by high accuracy by identifying the type of programming for the website in addition to good tracking about the hosting that was used

The site helps to get acquainted with the various technical matters related to the site such as, protocols, hosting, type of programming language, the basis on which the site is based in addition to the languages ​​used, libraries for JavaScript and many of the various website technologies. In addition to the various reports and general various analysis processes about modern technologies, the most used programming languages, and different statistics, we will deal with them later.

Third: builtwith site

To enter the site from here:BUILTWITHBuiltwith website, like its predecessors, also displays the technology and techniques of the site and the software used within the site, which aims to improve the performance of the site, either for analysis or marketing, or for protection and competition purposes. 

It is also possible to know the previous technologies that have been used within the site through the Detaild Technology Profile 

The work of these sites is not only limited to knowing the programming language or technologies currently or previously used only, but the most important goal of them is your ability as a programmer or digital marketer to determine the best options available by analyzing your competitors, to choose the appropriate technologies. 

For example, when you analyze the competing site, you may find the existence of analysis services such as Google Analytics or Facebook pixels, as well as hot dealers used within the competing site, and this does not necessarily mean that you use them all, but rather that you decide the best and appropriate for your site or field of work. 

Also, you may find the competitor uses a programming language such as PHP, Asp.net, React JS or other programming languages, and it also does not necessarily mean using the same programming language, but you can decide if it is suitable for your field of work or not. 

The diversity in the use of analysis tools also gives better possibilities to decide which of these tools is best to use, usually the existing analysis may be wrong. For example, all of these sites do not immediately update their database related to site analysis, but rather crawl repeatedly with each new scan For the site, this means that the result is basically not immediate, but rather it takes a short time to update the data again. 

This was a very simple explanation about examining the software site technology and the technical services used. And methods of analyzing your competitor’s site. I did not go into detail about how to best use the aforementioned analysis sites, but I will touch them later in different and detailed articles that will help you as a digital marketer or data analyst to reach your goal or the best possible decision about your website. 

In the next article, we will talk about the method of analyzing the site using a wappalyzer, followed by the sites mentioned above, then it is followed by various other tools, and finally to the stage of using advanced methods, some of which require levels of technical expertise and the other needs analytical experience. 

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If you have a project to market it digitally

CONTACT WITH ME : aarfoud@gmail.com