▶️Relictum Pro visits Crypto Batenka

Dear Relictum Pro Community,

🧡Alexander Strigin, CEO Relictum Pro,
💙Roman Cherkashin, CBDO Relictum Pro

accepted the invitation of the established YouTube blogger, Crypto Batenka, and had a very informative discussion about the project development plans.

⏺The video is available at
➡️https://youtu.be/33DpA3_2r3U

The project development plans have been adjusted since the Relictum Pro creation in order to expand the ecosystem and its features, which allowed to implement the modern blockchain industry tools.

The Relictum Pro development can be divided into two global stages:
Stage I: before the GTN token listing on the first exchange;
Stage II: after the GTN token listing on the LBank exchange.

💥Global trading expansion

Global trading expansion is one of the key areas of the project development considered by the team. It provides for the community multiplication, the ecosystem popularization, development and launch of new projects through the Relictum Pro technology.

🟡Bridges to other blockchains

The team believes that the blockchain system trend should be as interoperable as possible in order to build an efficient interaction among private blockchain systems.

This will in turn increase the community trust in the systems using this approach and allow to build trusting and reliable partnerships.

Relictum Pro enters the next development stage.

🚀 Dear Relictum Pro community, fasten your seat belts, we are passing the outer-space milestone!

Relictum Node 1.40.11

Dear users,

🥳 Relictum Node has been updated to version 1.40.11 today, and it is already available in Mainnet.

⚡️Support for the TRON blockchain (TRX and USDT tokens) has been added

You can send and receive tokens in the TRON network: TRX and USDT in Relictum Node 1.40.11 now, which expands the functionality of the app

🔸Improvement of private keys generation in Web API.
🔸Time control for performing transactions has been added.

📱Relictum Node is your any device that is connected to the network and having our blockchain app is installed. Use all blockchain features without restrictions on smartphones, tablets, desktops, or servers.

❓Want to be the first to know about Relictum updates and news? Join the Relictum Ecosystem chat: @relictum_pro_chat ❤️

What is decentralization?

Decentralization means any situation where a computer network operation is controlled not by a central authority, but rather by the community.

💻The term "decentralized" is often confused with the term "distributed". A distributed system is where multiple computers share resources and processing power to execute a task.

⌨️The key idea that distinguishes decentralized systems from distributed ones is that decentralized systems are not controlled by a central authority (such as a server farm owner), but are self-regulating instead.

🛡Decentralized systems must contain a mechanism to determine the true state of the system if the intruder attempts to hack it.

🔐Blockchain is actually a secured ledger; people who register transactions faster are assumed to know the true state of the system. It can also be determined by voting and consensus.

💬Therefore, decentralized models represent the most efficient and secure data transmission systems.

Relictum Pro

🎮 Blockchain taking the gaming industry to a new level

Nowadays, blockchain technology is about more than just cryptocurrency.

For example, the gaming industry has always been quite controversial due to a whole range of issues. Many players are particularly concerned about the protection of their data, fraudulent activities, high fees and unfair and hidden odds, in the first place.

Blockchain technology solves the main issues in this sector...

👌 YOU GOT A QUESTION? WE GOT AN ANSWER!

The Relictum team is right here, and we are ready to answer any of your questions!

We are glad to resume the ASKLIVE tradition, where we answer the hottest questions from the community.

WHAT TO DO?
Ask your questions➡️ in the chat with the #asklive hashtag, and we’ll answer them online!

🤩The Relictum team appreciates a productive dialogue with the community in order to improve our product with each next step based on your feedback!

➡️Ask your questions in the chat, and we’ll answer them and share the important information about the project!

⚙️ Development on Relictum Blockchain

🎮 The gaming industry has a huge impact on our daily lives now. Even if you are not a passionate gamer, you definitely meet this industry almost every day. Perhaps, you don’t even notice this, because lots of life and work processes can be gamified, and you automatically become their player.

👌 During the software development, the Relictum Blockchain team considered the popularity and active development of the gaming industry. This is why they implemented the possibility of integrating Relictum Blockchain into the gameplay and games in general.

🏋️ A member of our community has already launched the development of the first game with Relictum Blockchain integration.

❤ The game MVP has already been prepared and published; now a round of fundraising for the further project implementation is underway.

📱 Sectarians is a 3D game with AI elements, where users can compete with each other by participating in tournaments and receiving rewards for winning. USDR will be the main currency of the game.

🎇 There are also plans to introduce NFTs, which will help level up the skills of the game characters and retain interest in the project economic model.

🌐 Absolutely everyone can get access to a secure, efficient, fast, and scalable environment when developing products on the Relictum Blockchain.

This content does not constitute investment advice and is for informational purposes only.

Relictum Blockchain

💎 Relictum Pro at the AIBC Summit

Dear community,

The Relictum Pro team is invited as a guest to the AIBC World Summit, one of the leading events in the world dedicated to blockchain, artificial intelligence, cryptocurrency, and other modern technologies. 4,000+ people and hundreds of companies will take part in this huge event.

🗣 Alexander Strigin, CEO at Relictum Pro, will appear at the main stage of the summit as a speaker and panel discussion expert on November 17.

AIBC has united experts from around the world to act as visionaries and industry pioneers, sharing their deserved wisdom through panel discussions and keynote speeches.

You can learn more about the summit on its official website:
➡️https://aibc.world.

⏺News digest November 15, 2022

⭐️The Bahamian regulator accused FTX of fraud and launched an investigation.

⭐️Changpeng Zhao, CEO of cryptocurrency exchange Binance, claims that along with other industry players, the company is going to lead efforts of setting global standards after the bankruptcy of its rival FTX.

⭐️According to CryptoQuant, users sold $3.7 bln worth of Bitcoin and $2.5 bln of Ethereum from exchanges around the world in a week after the FTX collapse.

⭐️$V Visa terminates its debit card agreement with FTX.

⭐️The Japanese branch of FTX is negotiating with its lawyers the possibility of cryptocurrency payback to local users after the sudden bankruptcy of its parent company.

⭐️Non-custodial wallet Trust Wallet announced the launch of its extension in Chrome, Brave, and Opera.

⭐️The Bitget exchange is creating a $5 mln Builders Fund to help professional traders, partners, influencers, and others who suffered from the FTX bankruptcy.

⭐️Binance launches a recovery fund for cryptocurrency industry. Binance is now called the last hope of the cryptocurrency industry. Indeed, this giant is ready to urgently save the situation.

🔔 Hot news from CEO of Relictum Blockchain

Dear community,

🤪 If you want to be the first to receive the latest news about the project from CEO of Relictum Blockchain Alexander Strigin, follow him on Twitter and LinkedIn:

➡️Twitter

➡️Linkedin

Sincerely, Relictum Blockchain team.

🗣Interview with CEO of Relictum Blockchain

Alexander Strigin, CEO at Relictum Blockchain, was interviewed by Bitcourier, where he shared information about his journey from a crypto enthusiast to a professional in the blockchain industry:

💬 "I formed a team of people who were on the same page as me and began to bring all my most daring ideas to life."

Alexander also revealed the most important and priority plans of Relictum Blockchain for the next 6 months.

BitCourier is an online publication and the first community of crypto enthusiasts targeted at the UK.

➡️ Read more

⏺News digest November 16, 2022

⭐️AAX crypto exchange at risk of capital deficit, says market vulnerable from FTX collapse

⭐️U.S. Banks Launch a Digital Dollar Blockchain Pilot

⭐️Apple Pay partners with Circle

⭐️Relictum Blockchain CEO Alexander Strigin attended the AIBC summit, which will be held on November 15-18

⭐️Relictum Blockchain CEO Alexander Strigin gave an interview for Bitcourier

⭐️Crypto lender BlockFi is preparing for possible bankruptcy filings after halting customer withdrawals as it acknowledged “significant exposure” to bankrupt cryptocurrency exchange FTX

⭐️Paxos freezes $19 million stolen from FTX

⭐️FTX bankruptcy caused $2.85 billion outflow from Binance

⭐️Amazon plans to lay off about 10,000 employees

🟡Cross-chain bridges. What are cross-chain bridges? | Part 1/3

Money is an important part of life in the physical world. People use it to pay rent, buy food or travel. When it comes to international travel, they follow a familiar scenario to exchange their money for the currency used by the destination country. Web 3.0 features a similar mechanism called cross-chain bridging.

A cross-chain bridge, also known as a blockchain bridge, is a connection between two blockchains that can be used to perform actions like moving assets or data from one chain to another. Technically, this creates an interaction between two ecosystems. In addition, the bridge is also needed due to the growing number of decentralized apps (dApps) on various blockchains and “level 2” solutions. Their goal is to improve their own unique features associated with security and trust.

Importance of cross-chain bridges

Differences in protocols, managing structure, and other factors limit the ability of various ecosystems to interact. This is due to certain limitations of the blockchain ecosystems. This means that a particular network is unable to monitor and understand the activities of other networks. However, blockchain bridges create interoperability within Web3. The isolation of each blockchain economy requires mandatory use of a blockchain bridge.

How does it work?

Token transfer is one of the many ways a blockchain bridge operates. Smart contracts are used to lock up a certain amount of cryptocurrency that a user is willing to transfer from one blockchain to another. A tokenized version of another cryptocurrency, also known as a "wrapped token", is usually unwrapped immediately after the first token type is locked.