-
ARS 1,088.80 (-0.52%) -
BTC 63,652.56 (-0.95%) -
ETH 3,068.66 (-3.38%) -
SOL 154.54 (+3.77%) -
PEPE <0.01 (-5.43%) -
DOGE 0.16 (-4.80%) -
XRP 0.53 (+0.00%) -
WIF 3.24 (-4.36%) -
WLD 6.11 (+2.07%) -
BOME 0.01 (+1.70%) -
ENA 0.86 (-3.68%) -
NEAR 7.37 (+1.71%) -
RNDR 10.44 (+4.29%) -
AVAX 36.72 (-3.06%) -
BONK <0.01 (-6.76%) -
RUNE 5.34 (-0.91%) -
FLOKI <0.01 (-7.59%) -
ORDI 38.63 (-5.37%) -
MATIC 0.70 (-5.27%) -
ETHFI 3.90 (-7.08%) -
AR 40.49 (+2.72%) -
SUI 1.12 (-1.32%) -
ARKM 2.64 (+0.88%) -
FTM 0.69 (-4.52%) -
JTO 3.71 (+4.28%) -
LINK 14.23 (-2.63%) -
FIL 5.96 (-4.80%)
How to fight fake news with blockchain tech according to Factland DAO
Published: 2024-01-24
1. The Role of Blockchain Technology in Fighting Fake News: Blockchain technology is presented as a potential solution to combatting the spread of fake news. By leveraging its decentralized and immutable nature,blockchain can provide transparency and verifiability to the news ecosystem. The article highlights how blockchain can be used to create a decentralized autonomous organization (DAO) called Factland DAO,where users can submit news articles and have them reviewed by a community of validators. Through smart contracts and consensus mechanisms,the Factland DAO aims to ensure that only verified and accurate information is disseminated,reducing the prevalence of fake news.
2. The Functioning of Factland DAO: The Factland DAO is designed to be a decentralized platform where news articles are submitted,validated,and published. Validators within the community review submitted articles and assess their credibility and accuracy. These validators are incentivized to perform their role honestly and diligently,as their reputation and rewards depend on the accuracy of their validations. The DAO leverages blockchain technology to maintain transparency and immutability,making it difficult for malicious actors to manipulate the system. In this way,Factland DAO aims to provide a trustworthy and reliable source of news.
3. Challenges and Potential Limitations: Although blockchain-based solutions like Factland DAO have promising potential,the article also acknowledges that they face certain challenges and limitations. One key concern is the scalability of blockchain technology,as handling a large volume of news articles and validators may strain the network. Additionally,the article discusses the need for a robust governance system within the DAO to prevent centralization of power and ensure democratic decision-making. Another limitation is the potential for biases within the validator community,as diverse perspectives and interpretations of news articles may vary. Despite these challenges,blockchain technology presents a unique opportunity to address the issue of fake news and restore trust in the news ecosystem.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | ARS |
1,088.80 | 2,543,751,380.10 |
| 2 | BTC |
63,652.56 | 2,232,442,562.94 |
| 3 | ETH |
3,068.66 | 1,132,549,710.59 |
| 4 | SOL |
154.54 | 824,830,463.86 |
| 5 | PEPE |
<0.01 | 465,522,435.31 |
| 6 | DOGE |
0.16 | 345,240,381.69 |
| 7 | XRP |
0.53 | 326,236,557.52 |
| 8 | WIF |
3.24 | 313,570,514.47 |
| 9 | WLD |
6.11 | 214,484,972.07 |
| 10 | BOME |
0.01 | 211,292,934.66 |
| 11 | ENA |
0.86 | 188,143,952.52 |
| 12 | NEAR |
7.37 | 150,145,208.26 |
| 13 | RNDR |
10.44 | 145,828,936.10 |
| 14 | AVAX |
36.72 | 111,935,172.70 |
| 15 | BONK |
<0.01 | 105,292,879.08 |
| 16 | RUNE |
5.34 | 102,260,120.41 |
| 17 | FLOKI |
<0.01 | 82,419,977.74 |
| 18 | ORDI |
38.63 | 69,145,610.80 |
| 19 | MATIC |
0.70 | 66,096,016.12 |
| 20 | ETHFI |
3.90 | 66,072,772.95 |
| 21 | AR |
40.49 | 65,274,375.99 |
| 22 | SUI |
1.12 | 65,030,659.21 |
| 23 | ARKM |
2.64 | 64,128,139.93 |
| 24 | FTM |
0.69 | 56,790,412.37 |
| 25 | JTO |
3.71 | 55,398,281.23 |
| 26 | LINK |
14.23 | 52,969,888.13 |
| 27 | FIL |
5.96 | 52,508,131.68 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 |  POWR |
0.36 | +16.71 |
| 2 |  ERN |
4.85 | +6.99 |
| 3 |  RLC |
3.14 | +6.44 |
| 4 | RNDR |
10.44 | +4.29 |
| 5 | JTO |
3.71 | +4.28 |
| 6 |  AKRO |
<0.01 | +4.27 |
| 7 | SOL |
154.54 | +3.77 |
| 8 |  POLYX |
0.40 | +2.86 |
| 9 | AR |
40.49 | +2.72 |
| 10 |  RARE |
0.12 | +2.35 |
| 11 | WLD |
6.11 | +2.07 |
| 12 |  YGG |
0.88 | +1.81 |
| 13 | NEAR |
7.37 | +1.71 |
| 14 | BOME |
0.01 | +1.70 |
| 15 |  INJ |
25.05 | +1.66 |
| 16 | ARKM |
2.64 | +0.88 |
| 17 |  RAY |
1.74 | +0.71 |
| 18 |  LSK |
1.91 | +0.53 |
| 19 |  AGIX |
1.00 | +0.46 |
| 20 |  PAXG |
2,304.00 | +0.22 |
| 21 |  NMR |
27.41 | +0.11 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 | REZ | 0.15 | -15.88 |
| 2 |  TNSR |
0.84 | -9.54 |
| 3 |  USTC |
0.02 | -9.39 |
| 4 |  SAGA |
3.16 | -9.07 |
| 5 |  LUNC |
<0.01 | -8.58 |
| 6 |  OP |
2.72 | -8.27 |
| 7 |  COS |
0.01 | -8.22 |
| 8 |  HBAR |
0.11 | -8.11 |
| 9 |  CFX |
0.21 | -8.09 |
| 10 |  DYM |
3.12 | -7.96 |
| 11 |  CVX |
2.35 | -7.80 |
| 12 |  ENS |
14.59 | -7.72 |
| 13 | W | 0.64 | -7.70 |
| 14 |  PROM |
9.96 | -7.69 |
| 15 | FLOKI |
<0.01 | -7.59 |
| 16 |  UTK |
0.08 | -7.55 |
| 17 |  PORTAL |
0.80 | -7.27 |
| 18 |  PDA |
0.08 | -7.25 |
| 19 |  QKC |
0.01 | -7.24 |
| 20 | ETHFI |
3.90 | -7.08 |
| 21 |  PIXEL |
0.41 | -7.08 |
| 22 |  XAI |
0.72 | -7.02 |
| 23 |  MANTA |
1.73 | -6.99 |
| 24 |  SSV |
42.35 | -6.92 |
| 25 |  METIS |
58.53 | -6.90 |
| 26 |  PHA |
0.20 | -6.90 |
| 27 |  IOTX |
0.05 | -6.86 |
| 28 |  SUSHI |
1.00 | -6.79 |
| 29 | BONK |
<0.01 | -6.76 |
| 30 |  COMBO |
0.68 | -6.55 |
Bitcoin's Greed and Fear Index.
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US news that has a significant impact on the market
| at | news | day | date | time |
|---|---|---|---|---|
| 1 | RCM/TIPP Economic Optimism | Tuesday | 07-05-2024 | 15:03 |
| 2 | Consumer Credit m/m | Tuesday | 07-05-2024 | 20:00 |
| 3 | Final Wholesale Inventories m/m | Wednesday | 08-05-2024 | 15:00 |
| 4 | Crude Oil Inventories | Wednesday | 08-05-2024 | 15:30 |
| 5 | FOMC Member Jefferson Speaks | Wednesday | 08-05-2024 | 16:00 |
| 6 | 10-y Bond Auction | Wednesday | 08-05-2024 | 18:01 |
| 7 | FOMC Member Cook Speaks | Wednesday | 08-05-2024 | 18:30 |
| 8 | Unemployment Claims | Thursday | 09-05-2024 | 13:30 |
| 9 | Mortgage Delinquencies | Thursday | 09-05-2024 | 15:00 |
| 10 | Natural Gas Storage | Thursday | 09-05-2024 | 15:30 |
| 11 | 30-y Bond Auction | Thursday | 09-05-2024 | 18:01 |
| 12 | FOMC Member Daly Speaks | Thursday | 09-05-2024 | 19:00 |
| 13 | FOMC Member Bowman Speaks | Friday | 10-05-2024 | 14:00 |
| 14 | Prelim UoM Consumer Sentiment | Friday | 10-05-2024 | 15:00 |
| 15 | Prelim UoM Inflation Expectations | Friday | 10-05-2024 | 15:00 |
| 16 | FOMC Member Barr Speaks | Friday | 10-05-2024 | 18:30 |
| 17 | Federal Budget Balance | Friday | 10-05-2024 | 19:00 |
