RE: Daily Crypto Markets Live Blog: Bitcoin To $28K By End Of Year (07/01/22)

[savvytester]

It looks like between LEO and CENT, the CENT token looks more... stable. 😅

Thanks for the !PGM! 😀 Have some !LUV too in return! 😁

Comments

[rzc24-nftbbg]

Yeah, I like the CENT community, the stability of the token, and the higher yield. In terms of finance and crypto content and future prospect growth, LEO is very promising.

[savvytester]

I wonder when the CENT token can be used as a form of payment pegged to a fiat currency, much like HBD. 🤔😅

Have some !LOLZ and !CTP! 😁

[lolzbot]

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[rzc24-nftbbg]

I don't think that's part of the plan. It will remain layer 2. I forgot exactly the details of the future plan. I think it has something to do with connecting the token to other blockchains. I may be wrong.

[savvytester]

Maybe it's possible for a Layer 2 Token on Hive to become a usable form of payment, like USDC (USD Coin) which is a second-layer token of the Ethereum blockchain. 🤓

Have some !CTP with !LUV! 😁

[rzc24-nftbbg]

Oh, that's good to know.

!CTP

[savvytester]

Do you mean "that's good to think about"? 🤔 I just mentioned a possibility, not something that already happened. 😅

Thanks for the !CTP! 😀 Have a !PIZZA in return! 😁

[rzc24-nftbbg]

Oh, I was misled there. 😆

I was referring to USDC as a second-layer token. I thought it is a stable coin.

[svanbo]

@savvytester could you explain in a simple way what is a Second-layer token for me please? And an additional question, you say it's on Etherum Blockchain, whilst I know it from Go chain and Binance Smart Chain. Is this 3x the same USDC or somehow there's a difference? !PIZZA !CTP

[savvytester]

I thought I accidentally replied to you because you replied to my comment here. 😅

In simple words, a second-layer token on a blockchain is any token that exists on top of the primary blockchain. 🤓 On the Hive Blockchain, #HiveEngine and #HoneyComb are examples of second-layer blockchains with their own tokens. 😏

Thanks for the !PIZZA and the !CTP! 😀

[svanbo]

Thanks for the info! That's again stuff to look into! I wrote it down in my Excel sheet. soon I'll be taking holidays and since I've got a couple of flights to take, I'll have time to reorder, look up and read all this information :-)
Thanks for the !PIZZA and the !CTP!

[luvshares]

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[luvshares]

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