Crypto

Deutsche Telekom becomes Polygon validator, with Avorak mining potentially on the cards

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.

For more information on Avorak AI:

Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register

Alena

Wow! I can't believe we finally got to meet in person. You probably remember me from class or an event, and that's why this profile is so interesting - it traces my journey from student-athlete at the University of California Davis into a successful entrepreneur with multiple ventures under her belt by age 25

Recent Posts

Top 5 AI Trading Bots That Will Shape the Future of Investing Beyond 2024

The future of investing is here, and it’s being driven by AI trading bots. These…

2 days ago

An All-in-One Crypto Gaming Experience With Winz.io

Key Insights Winz is one of the top online betting sites. Aside from generous rewards…

2 days ago

EON Coin Announces Launch, Promising a New Standard in Blockchain Technology

EON Coin has officially launched, marking a significant milestone in the blockchain industry with its advanced…

3 days ago

How to Make $300 a Day Online? Just Use CrytocoinMiner (For Everyone)

There are many ways to make money, but using money to make money is the…

4 days ago

How to Get Your Token Listed on CoinMarketCap Quickly

Listing your token on CoinMarketCap (CMC) can significantly boost its visibility and credibility in the…

4 days ago

How to Find Better Crypto Career Opportunities With CryptoJobsList.com

Key Insights Finding crypto and web3 jobs can be a rewarding experience for professionals in…

1 week ago

This website uses cookies.