The crypto community has received positive news recently, with Deutsche Telekom joining Polygon as a validator and Avorak mining potentially becoming a possibility.
The new Polygon validator
Deutsche Telekom is one of Europe’s leading telecommunications companies. The company’s subsidiary, Deutsche Telekom MMS, is set to become one of the network validators on Polygon, a prominent layer-2 blockchain on Ethereum. This strategic move aims to bolster the security, decentralization, and governance of Polygon through its proof-of-stake sidechain and Sepernets chain. As a Polygon validator, Deutsche Telekom MMS will operate a full node, participate in block production, and validate transactions while ensuring the synchronization of checkpoints with the Ethereum mainnet.
The collaboration between Deutsche Telekom and Polygon could strengthen the adoption of Polygon (MATIC) in Europe, extending its reach and impact in the region. However, the MATIC price remains unresponsive to the bullish cues. Nonetheless, analysts suggest that the Polygon price breaking past its resistance level could lead to a potential recovery and resurgence.
What is Avorak?
Avorak is an AI Crypto project that aims to revolutionize human-led tasks through its advanced AI solutions. One of its notable first-to-market offerings is Avorak Trade. This AI trading bot can automate trades across multiple exchanges and assets, providing users with unparalleled convenience. With Avorak Trade’s unique script-programmed command-line input, traders can type or simply speak out their conditions, such as buying a specific amount of BTC when it reaches a certain price on a designated exchange. Avorak Trade also incorporates indicators and price predictions to empower users to make more informed trading and investment decisions.
Users require credits of the AVRK token to access Avorak’s AI services. Holding AVRK tokens grants users a share of the revenue generated by Avorak AI. Users can also increase their AVRK holdings through Avorak’s three staking pools. AVRK is a deflationary token with a maximum supply of 40 million and is currently selling at $0.255 in phase 7 of Avorak’s initial coin offering (ICO). Investors in this phase enjoy a 4% bonus and other rewards offered during the ICO, including priority access to the project’s staking pools. Numerous analysts have reviewed the Avorak project and identified it as a rewarding investment.
How can Avorak be mined?
Avorak will introduce a unique approach to mining through its mapped-out transition to a decentralized state, where it will operate as its blockchain, independent of the BNB Smart Chain. Central to this transformation is the innovative Proof-of-Learning (PoL) mechanism, which harnesses the power of machine learning to validate transactions and ensure network security. AVRX tokens will serve as gas tokens within the Avorak Network, facilitating the execution of transactions and powering the ecosystem. In the Avorak mining process, participants will have the opportunity to earn AVRX tokens by actively engaging in the machine learning-based validation process. This approach combines the benefits of machine learning with decentralized consensus, offering a unique and dynamic mining experience within the Avorak ecosystem.
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