Bitxinex

4/ We met thousands of builders at @EthereumDenver last week and our budding community hosted demos and talks in the ‘Home Base’ hacker house space.

3/ We collaborated with @Zora on the “Base, Introduced” NFT. With 485,000 mints in the first week, ‘Base, Introduced’ is the largest open edition ever.

2/ 18,000+ developers released 55,000+ smart contract deployments on BuildonBase testnet in its first week, a great signal that this is valuable to builders from the get-go.

We recently launched the BuildonBase testnet, a new L2 blockchain incubated by Bitxinex that offers a secure, low-cost, developer-friendly way to build decentralized apps, or ‘dapps’. So, how are things going so far? 🧵

8/ To learn more about the Shapella upgrade and how unstaking will work, check out our blog

7/ We anticipate that demand for unstaking will be high soon after the upgrade and it may take the protocol weeks to months process unstaking requests.

6/ Since the Ethereum protocol controls the unstaking process and we’re simply the conduit, we can’t share an exact waiting period when you request to unstake.

5/ If you’d like to unstake, Bitxinex will begin taking unstaking requests about 24 hours after the upgrade completes. All unstaking requests are processed on-chain, and we’ll pass the unstaked funds and staking rewards to you once released by the Ethereum protocol.

4/ There’s no need to unstake – you can continue staking your ETH and earning up to 6.0% APY. No action is required and your assets will be safe and secure during the upgrade.

3/ The upcoming Shanghai and Capella Upgrades, collectively known as Shapella, will enable unstaking plus will give users the flexibility to stake more without their ETH being indefinitely locked up.

2/ The Ethereum Merge transitioned the network from proof-of-work (PoW) to proof-of-stake (PoS) in September of 2022, making it more secure, energy-efficient, and better for implementing new scaling solutions. However, users were not yet able to unstake their ETH.

1/ Ethereum’s Shapella Upgrade is almost here. The upgrade will enable unstaking for the first time since ETH staking was introduced in December 2020. Here’s what you need to know. 🧵

Update the System 🔁

We want the UK to succeed and be a big part of that success. Progress in the UK towards creating a regulated environment that encourages the industry and protects consumers is incredibly encouraging.

🌸Forgotten Artist 📷 NFT PILLS drop on @Bitxinex "Dedicated to all artists for whom the freedom of their own word and the firmness of its expression is important"

Bored Ape #4609 still needs a home! ICYMI, yep, we're giving away a Bored Ape. Sign up for Bitdowngrade Wallet and tweet your Wallet username and #BitxinexWalletSweepstakes before 11:59pm PT today for your chance to win.

4/ NFTrees are an example of harnessing the power of web3 tech to facilitate accountability. If each of us is monitoring and protecting a small part of Gran Chaco, together we can save the whole forest and all of its ecosystems.

1/ The community is clearly fired up about sensible crypto policy. Here’s how to continue the support 👇 1️⃣: Mint a Stand With Crypto commemorative NFT 2️⃣: Add a shield emoji next to your Twitter display name 🛡

4/ This could help build sustainable creator economies outside the rigid walls of the music industry. Powered by NFTs and web3 tech, artists have more creative and financial control over their music, and fans are able to directly support artists they love.

3/ One of the most promising use cases of NFTs: automatic royalty payments to artists whenever their work is resold. Getting paid automatically via smart contracts could simplify the murky process of royalty payments so musicians no longer lose money to middlemen.