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NEW EAR : Leading Ethereum Layer 2 Solution

Published

4 years ago

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Despite being six years old today, Ethereum, in all its glory, is still facing issues like scalability and pocket-burning gas fees. The network can address these concerns via two options – sharding and Layer 2 (L2) solutions.

Though the network is trying hard to incorporate a sharding scaling solution on ETH 2.0, it remains a distant dream as the team is far behind in terms of development. It leaves us with the second option, which is a Layer 2 (L2) scaling solution.

An L2 solution runs on top of the main chain (Layer 1 or L1) of Ethereum. It exists on the Ethereum network as a smart contract and does not need changes to the base level protocol to interact. L2 solutions have different functions, like scaling payments, off-chain computation, or smart contracts. However, they all have one similar feature – to move most of the transactions off the chain. This allows L2 solutions to improve the transaction processing rate (TPS) while lowering the gas fee. As the Ethereum network gets congested and incurs high gas fees on even simple transactions, many L2 solutions have come up in the crypto space to solve the inherent issues.

NEC(New Era) is a Layer-2 chain aggregator based on the core concept of Ethereum expansion, which does not affect decentralization and utilizes the existing developer community and ecosystem. It is an offline/side chain extension solution for existing platforms, which can provide scalability and excellent user experience for DApp/ user functions.NEC proposes a decentralized and configurable two-tier side chain network, which provides storage function and supports transactions with high throughput, low cost and low delay. This system is the configuration and deployment of Byzantine fault-tolerant side chains with high throughput, compatibility with Ethereum virtual machines, support for storage, and can prove security.A subscription-based decentralized network is provided. The side chain of each certificate of interest is highly configurable, which is composed of nodes pledging NEC certificate on Ethereum main network, and its consensus mechanism uses asynchronous Byzantine fault-tolerant protocol.

With its strong technical strength and advanced innovation, it quickly won the pursuit of global investors.At present, NEC (New Era) and Grayscale Investment have reached a strategic cooperation. Grayscale Investments®, the world’s largest digital currency asset manager continues to seek ways to better meet growing investor demand for exposure to digital assets through familiar, secure, and regulated investment products.“We’re eager to expand our product offerings to better serve our investors,” said Grayscale CEO Michael Sonnenshein. “The digital currency universe is constantly evolving and we seek to identify bold, interesting, and innovative opportunities that satisfy our investors’ demand for differentiated exposure to this burgeoning asset class.”The process of creating an investment product structured similarly to those Grayscale already offers requires significant review and consideration, and is subject to substantial internal controls, sufficiently secure custody arrangements, and regulatory considerations. As such, there is no guarantee that assets named in the above list will receive a corresponding investment product.This cooperation will help promote the expansion of NEC (New Era) in the global market.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

No KYC. 100x Leverage. $50 Welcome Bonus. Crypto Futures Trading Made Easy on BexBack.

Published

36 minutes ago

on

July 31, 2025

By

 

With the return of the bull market and Bitcoin reaching new all-time highs, BexBack is helping traders quickly build wealth by offering 100x leverage and a double deposit bonus, with no KYC required. This initiative ensures that every trader can take advantage of the wealth-building potential provided by 100x leverage, making it easier for traders to accelerate their gains in this high-volatility market.

Advantages of 100x Leverage Crypto Futures

  1. Amplified Profits: Control large positions with a small amount of capital, capturing more profits from market fluctuations.
  2. Low Capital Requirement: Participate in high-value trades with minimal investment, lowering the entry barrier.
  3. Increased Market Opportunities: Profit quickly from price fluctuations, especially in volatile markets.
  4. High Capital Efficiency: Leverage enables better use of your capital, expanding your investment potential.
  5. Profit from Both Up and Down Markets: Adapt to any market conditions, with opportunities to profit whether the market goes up or down.

 

 

What Is 100x Leverage and How Does It Work?

Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.

With BexBack’s deposit bonus

 

BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

 

How Does the 100% Deposit Bonus Work?

The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

About BexBack?

BexBack is a leading cryptocurrency derivatives platform offering up to 100x leverage on futures contracts for BTC, ETH, ADA, SOL, XRP, and over 50 other digital assets. Headquartered in Singapore, the platform also operates offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. Like many top-tier exchanges, BexBack holds a U.S. MSB (Money Services Business) license and is trusted by more than 500,000 traders worldwide. The platform accepts users from the United States, Canada, and Europe, with zero deposit fees and 24/7 multilingual customer support, delivering a secure, efficient, and user-friendly trading experience.

Why recommend BexBack?

 

No KYC Required: Start trading immediately without complex identity verification.

100% Deposit Bonus: Double your funds, double your profits.

High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.

Demo Account: Comes with 10 BTC in virtual funds, ideal for beginners to practice risk-free trading.

Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications.

Convenient Operation: No slippage, no spread, and fast, precise trade execution.

Global User Support: Enjoy 24/7 customer service, no matter where you are.

Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.

Take Action Now—Don’t Miss Another Opportunity!

 

If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users, you can be a winner in the new bull run.

 

Sign Up Now on BexBack — Break the 100x Leverage and KYC Barriers, Get Double Deposit Bonus and $50 Welcome Bonus Instantly.

 

Website: www.bexback.com

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Press Release

XRP Hot News: Sunny Mining Launches Cloud Mining Rewards Contract, Earning XRP Passive Income Daily

Published

36 minutes ago

on

July 31, 2025

By

New York City, NY, 31st July 2025, ZEX PR WIRE, On-chain data shows that a single institutional address purchased 60 million XRP in a 24-hour period, with a total transaction volume exceeding $180 million, garnering increasing market attention. XRP has long been considered an ideal payment tool due to its fast transfer speeds and low fees. However, for many holders, price fluctuations alone are insufficient; ensuring stable returns over the life of the asset is becoming a new focus.

XRP is more than just a payment tool; it can also create passive income assets

Sunny Mining has launched a cloud mining reward contract that supports XRP payments. Users only need to hold XRP and activate their computing power. No operation or equipment is required, and the system automatically settles profits daily. This allows your previously idle XRP to generate income for you every day.

Unique highlights of the platform

Multi-currency compatibility:Supports direct deposits and withdrawals of major cryptocurrencies such as XRP, BTC, DOGE, USDT, USDC, LTC, and BNB.

Zero-barrier participation:No mining rig or complex configuration required. New users receive a $15 bonus upon registration and can start mining with zero barriers.

Automatic daily income:The income system automatically settles daily, with transparent details that users can view at any time in the backend.

Flexible contract options:Offering a variety of period and amount combinations to meet different budgets and income requirements.

Comprehensive security:Embedded with wallet isolation, multiple encryption methods, and transparent settlement, we ensure the security of your funds and accounts.

How to Earn Daily Passive Income with SunnyMining

  1. Register an account

Visit the Sunny Mining official website and register an account using your email address.

  1. Deposit Cryptocurrencies

Log in to your account and select XRP, BTC, DOGE, USDT, or other crypto assets. A unique wallet address will be generated. The minimum deposit is 32 XRP (US$100).

  1. Choose a Contract

SunnyMining offers contracts with varying periods and returns. Choose a contract based on your budget and profit goals:

contract invest cycle Daily income Total income
Experience contract $100  2 day $4 $108+$8
XRP base contract $500 5 day  $6.25 $500+$31.25
DOGE basic contract $1,300 11 day $17.16  $1,300+$188.76
XRP Enhanced Contract $3,200 16 day  $44.80 $3,200+$716.8
XRP Advanced Contract $15,000 35 day  $250.5  $15,000+$8,767.5
BTC Super Contract $100,000 52 day $1900 $100,000+$98,800

Click to view more contract options

  1. Automatically Receive Passive Income Daily

After purchasing a contract, daily mining profits are automatically deposited into your account without any additional action required. (Minimum withdrawal amount: $100)

SunnyMining Marketing Director GAIGER Samuel Joseph stated: “We believe that the value of crypto assets should not be solely reflected in price fluctuations. Our goal is to encourage more people to truly participate, allowing them to generate steady daily returns through simple means without relying on speculation.”

From holding to appreciation, unlocking XRP’s passive income potential

With SunnyMining, XRP is no longer just passive holding. Anyone can directly use XRP to start a cloud mining contract. The system automatically settles daily, eliminating the need to sell XRP or other crypto assets, allowing users to transition from holding to accumulating value.

Sign up for a Sunny Mining account now and start earning daily passive income.
Official Website:  https://www.sunnymining.com

Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

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Press Release

Trusted XRP cloud mining platform – RICH Miner converts your XRP into stable daily profits

Published

36 minutes ago

on

July 31, 2025

By

Simply “holding” cryptocurrencies is no longer enough to maximize the value of your assets. Whether it’s BTC, XRP, SOL, USDC, or other major cryptocurrencies, simply sitting in your wallet, waiting for them to appreciate, means you’re missing out on their opportunity to generate cash flow. Now, RICH Miner, the world’s leading cloud mining platform, is revolutionizing this.

With RICH Miner intelligent cloud mining service, users don’t need to purchase expensive mining machines or incur high electricity bills. With just a phone and some crypto, you can automatically earn stable daily returns, letting your digital assets truly “work for you” and ushering in a new era of passive income!

 

 

Why choose RICH Miner?

 

Zero barriers to entry: Sign up and start cloud mining. Suitable for beginners and non-technical users, the interface is user-friendly and easy to use.

 

Flexible contract terms: From 2 to 45 days, we support both short-term quick returns and long-term high-yield strategies.

 

Supports multiple mainstream cryptocurrencies: including BTC, XRP, ETH, SOL, USDC, and more. Users can choose their mining direction based on their needs.

 

Automatic Daily Revenue: The platform settles revenue daily, eliminating the need for manual withdrawals. Earn as soon as you mine.

 

Eco-Friendly Mining Farm: Utilizes data centers powered by renewable energy to support sustainable blockchain development.

 

Globally Stable Computing Power Support: Distributed mining farms in multiple countries and regions ensure stable and secure platform operation.

 

Start earning crypto income in just four steps:

 

1. Register for a RICH Miner account and receive an instant $15 signup bonus.

 

2. Deposit cryptocurrency into your account. Supports a variety of mainstream assets, including BTC, USDC, and XRP.

 

3. Choose the appropriate cloud mining contract solution:

 

(New User Experience Contract) Investment amount: $100; Term: 2 days; Daily income: $3; Total income: $100.00 + $6.

 

(Canaan Avalon A15XP) Investment amount: $500; Term: 6 days; Daily income: $6.00; Total income: $500.00 + $30.00.

 

(Bitdeer SealMiner A2) Investment amount: $1,000; Term: 12 days; Daily income: $13.00; Total income: $1000.00 + $156.00.

 

(Bitmain Antminer L7) Investment amount: $3,000; Term: 17 days; Daily income: $42.30; Total income: $3000.00 + $719.10.

 

(Bitmain Antminer S21 Immersion) Investment amount: $5000; Term: 25 days; Daily income: $75.00; Total income: $5000.00 + $1875.00.

 

(Bitmain Antminer S21 XP Hyd) Investment amount: $9,000; Term: 30 days; Daily income: $144.90; Total income: $9,000.00 + $4,347.00.

 

Click here for more high-yield contract details.

 

4. Start automatic mining, and daily profits will be automatically credited to your account. Users can withdraw or reinvest at any time.

 

 

Let your crypto assets “earn for you” every day.

 

Market conditions are unpredictable, but the cloud mining service provided by RICH Miner can provide you with more controllable and sustainable returns. Even during market volatility, you can steadily advance your asset growth goals with fixed daily mining profits.

 

Compared to relying solely on price fluctuations, RICH Miner offers a lower-risk, more sustainable approach to asset management. It’s suitable for individuals and institutions seeking stable cash flow and long-term compounding returns.

 

Unlock a new way to increase your crypto assets.

 

RICH Miner cloud mining is not just a money-making tool, but also a cutting-edge lifestyle for wealth growth. With the growing trend towards global compliance, cloud mining is becoming the preferred choice for more cryptocurrency holders.

 

Whether you’re new to cryptocurrency or an experienced investor, you can now start your passive income plan with just one click with RICH Miner.

Don’t let your crypto assets stagnate. Join RICH Miner now and transform them into stable, real daily returns!

Disclaimer: Cryptocurrency mining involves risk, and returns are not guaranteed. Earnings may vary based on market conditions, mining difficulty, and network performance. Always do your own research before investing.

Official Website: https://richminer.com/

Contact Email: info@richminer.com

Emma Doris

NY, United States 

 

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Cloud PR Wire

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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