Ontario, Canada, 10th September 2024, ZEX PR WIRE, Michelle Kam, a leading figure in Toronto’s real estate scene and the driving force behind Re/Max City Accord Realty Inc., recently shared her insights on the importance of integrity, innovation, and community engagement in a dynamic interview. Her journey from a young woman fascinated by architecture to a prominent real estate broker is a testament to her dedication to ethical practices and her commitment to making a positive impact in her community.

“Growing up in Toronto, I was captivated by the city’s blend of cultures and architectural styles,” Michelle recalls. “As a kid, I loved exploring the city and imagining how I could help shape it one day.” This early fascination led her to study urban planning and design at York University, which fueled her passion for real estate and community development.

Michelle’s career has been distinguished by her innovative approach and deep understanding of the market. After gaining experience with top firms, she decided to establish her own brokerage, Re/Max City Accord Realty Inc. “Starting my own brokerage was about creating a space where integrity, sustainability, and client-focused service were at the forefront,” Michelle explains. “I wanted to build a brand that truly resonated with what I believe in.”

Throughout the interview, Michelle emphasized the importance of staying true to her values, especially in a competitive industry like real estate. “I believe my most crucial trait for success is my commitment to integrity,” Michelle states. “In real estate, trust is everything. Clients need to know that they’re working with someone who has their best interests at heart.” This commitment has not only helped Michelle build strong, lasting relationships with clients but has also earned her respect within the industry.

Michelle also shared some of the lighter moments of her career, including an unexpected experience during a property showing. “One of the weirdest things that happened was walking into a staged luxury condo to find that the entire ceiling and all the walls of the master bedroom were covered in mirrors.” she laughs. “It was a surprise, but it reminded me that real estate is full of unexpected moments, and sometimes, you just have to roll with it.”

Despite the challenges of running her own brokerage, Michelle remains dedicated to her vision and continues to push for innovation in the industry. “The real estate market is always changing, but what remains constant is the need to stay true to your values,” Michelle concludes. “That’s what drives success—staying authentic and always striving to do better.”

For more insights from Michelle Kam and to learn more about her approach to real estate, read the full interview on Infinite Sights.

About Michelle Kam

Michelle Kam is a leading real estate broker based in Toronto and the driving force behind Re/Max City Accord Realty Inc. With a deep passion for architecture and urban development, Michelle combines her expertise in real estate with a commitment to integrity, sustainability, and community engagement. Known for her innovative approach and dedication to client-focused service, Michelle has established herself as a respected leader in Toronto’s competitive real estate market.

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New York, 10th September 2024, ZEX PR WIRE, Shoshana Leffler, a dedicated educator and developmental geneticist, is making waves in the world of STEM education through her innovative teaching methods that emphasize the importance of climate change awareness. Her recent feature in an online interview showcases her inspiring work, particularly in Title 1 schools, where she is transforming the way students engage with science by connecting classroom learning to real-world environmental challenges.

With a background in developmental genetics, Shoshana brings a unique perspective to her role as an educator. Her early academic journey, which began with an A.B. in Chemistry from Princeton University and continued with a Ph.D. in Developmental Genetics from New York University, laid the foundation for her passion for integrating scientific knowledge into educational practices. Shoshana’s groundbreaking doctoral research, which involved developing a mathematical model of the cerebellum to predict childhood brain cancer occurrences, further fueled her commitment to applying science to real-world problems.

Shoshana’s approach to teaching is rooted in inquiry-based learning, where students are encouraged to ask questions, explore solutions, and connect their scientific understanding to pressing global issues, particularly climate change. Her lessons often involve hands-on projects, such as analyzing local air and water quality or exploring sustainable practices, which make science engaging and relatable for students.

“I love seeing my students realize that science isn’t just in textbooks-it’s in their environment, their communities, and their future,” says Shoshana. “Climate science should be engaging and relatable, not just a distant concept.”

Shoshana’s commitment to climate change education extends beyond the classroom. She actively collaborates with fellow educators to develop resources that promote climate literacy and critical thinking, ensuring that students are equipped with the knowledge and skills needed to address global sustainability challenges.

In addition to her professional achievements, Shoshana is deeply involved in her New York City community, where she balances her career with a rich family life. Her passion for education and environmental stewardship is evident in her participation in community initiatives, where she often hosts workshops and events that connect scientific learning to local sustainability efforts.

“For me, community involvement is just an extension of what I do in the classroom,” Shoshana explains. “It’s all about building a future where education and climate action go hand in hand.”

Shoshana’s feature in the online interview underscores her belief in the transformative power of education in addressing climate change and shaping a better world for future generations. Her work continues to inspire and empower students and educators alike, highlighting the critical role that education plays in fostering a sustainable future.

For more information, the full spotlight feature with Shoshana Leffler can be read at Infinite Sights.

Media Contact

Shoshana Leffler
https://www.shoshana-leffler.com/
https://www.shoshanalefflerdat.com/

As the 2024 Paris Olympic and Paralympic Games officially concluded, CGTN talked to several Chinese athletes, who shared their stories and experiences on the Games.

Chinese boxer Li Qian recalled a touching moment when she hugged her opponent, Atheyna Bylon of Panama, after the final. “There is a mutual appreciation between athletes. Because we understand each other better, we know how hard it’s been to get here,” Li reflected.

For some other athletes, such moments, embodying the spirit of sportsmanship and the Olympics, are exactly what they haven’t experienced but wish to call for.

Even though the Chinese swimming team had undergone the largest number of doping tests before and during the Paris Games, with every member fully tested, Chinese athletes faced suspicion and skepticism. Swimmer Zhang Yufei, who topped the list of medals won by a swimmer in Paris with haul of 6 medals, admitted that unfriendly voices and unfair treatment embroiled the team in Paris.

Zhang recalled receiving some “unfriendly attitudes” at times during the Paris Games. The 26-year-old gave a fiery response to the doping allegations surrounding the Chinese swimming team.

Over the past decade, China has made unprecedented efforts to become a leading global sports power and to provide its athletes with world-class support and facilities, which Zhang emphasized during the discussion.

“Whether it’s our training facilities, diet, accommodations, or even our overseas training, we are ensured to have access to the best equipment,” said Zhang.

It is with such support and the legacy of the Olympic spirit that the Chinese delegation has achieved remarkable results and made continuous breakthroughs in Paris. Notably, China claimed its first-ever gold medal in artistic swimming at Paris 2024. Artistic swimmer Feng Yu expressed her immense joy and gratitude, noting that her generation of athletes is “fortunate”. She attributed their opportunities to the enduring spirit, perseverance, and legacy of those who came before, which has allowed them to build on past successes and pursue their own dreams.

https://news.cgtn.com/news/2024-09-09/Olympic-athletes-call-for-fair-treatment-and-not-politicizing-sports-1wLcTWncAJW/p.html

Dubai, United Arab Emirates, 9th Sep 2024 – Last week, Propchain announced the successful execution of its third proposal within the Propchain DAO, marking a significant milestone in its efforts to enhance the long-term value and sustainability of the $PROPC token ecosystem. The recently completed proposal focused on a strategic token burn initiative, reinforcing Propchain’s commitment to community engagement and economic prudence.

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The initiative aimed to reinforce the economic foundation of the $PROPC token by reducing the total supply by approximately 25%, from 85 million to 64 million tokens. The token burn specifically targeted vested tokens, ensuring that unvested tokens remained unaffected. This approach was designed to decrease the monthly unvested token amount, effectively lowering the token’s monthly inflation and fostering a more stable and sustainable economic environment.

Such measures are essential for strengthening projects in the RWA space, where economic stability and long-term value creation are critical. By carefully managing token supply and reducing inflationary pressures, Propchain is ensuring that its platform remains appealing to both investors and users. This not only bolsters confidence in the $PROPC token but also sets a standard for responsible and sustainable growth within the RWA sector.

The successful execution of this proposal is expected to greatly enhance the tokenomics of $PROPC by reducing inflationary pressures and enabling a healthier economic environment for the token. Propchain visualizes this achievement as a vital step forward in its ongoing token integration plans and in maintaining the integrity of its ecosystem.

About Propchain

Propchain leads the way in real estate investment platforms, placing consumer needs at the forefront by providing effortless access to tokenized assets and a user-friendly digital interface for asset management. It aims to revolutionize the real estate industry through the widespread adoption of blockchain technology, facilitating improved market dynamics, transparency, and long-term sustainability.

Propchain’s journey is marked by significant milestones, strategic focus, and innovative real estate strategies. With its dedication to digitally empowering the real estate value chain through investing and strategic positioning in the global market, Propchain is set to redefine the real estate investment landscape and continue its path of success.

Media Contact

Organization: Prop Chain

Contact Person: Roger Jalkh

Website: https://propchain.com

Email: Send Email

City: Dubai

Country: United Arab Emirates

Release Id: 09092416753

The post Propchain Executes Latest DAO Proposal, Successfully Reducing $PROPC Supply to Advance Token Integration appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

Summary: The “Final Response” collection consists of five different garments that combine luxury, storytelling, and modern design. Featuring gold and green symbolism to represent wealth and growth, along with a Nike email obtained through a dispute, Furthermore this collection offers a unique narrative element. Made from sublimation fabric, this collection blends comfort and bold style, creating a wearable work of art that stands out in fashion, And released only at sneaker con 9/21 thur 9/22 at Maimonides Park, 1904 Surf Avenue Brooklyn New York 11224

The incorporation of gold and green symbolism in this collection adds a touch of opulence and significance to the design, representing themes of wealth and growth. This unique color combination enhances the overall aesthetic, making it a standout collection that exudes luxury and style. The “Denaro Puro” text in bold on various pieces further emphasizes the theme of pure money, making a strong statement with its striking appearance.

The wording on the garment, depicting the email received from Nike on 10/05/22, adds a layer of intrigue and storytelling to the collection, This detail not only gives the garment a sense of history and importance but also creates a conversation piece for those who appreciate the fusion of fashion and narrative. This collection becomes more than just pieces of clothing; They become a wearable work of art with a story to tell.

Crafted from high-quality sublimation fabric, the collection ensures both style and comfort. The soft and breathable material makes it easy to wear for any occasion, whether you’re out and about in the city or simply lounging at home. The final response collection is a must-have for those who seek to make a bold statement with their fashion choices, combining history, luxury, and modern design into one impactful piece.

Conclusion:

Finally it is concluded that In a world where fashion often prioritizes trends over meaning, the “Final Response” collection breaks new ground by merging opulence, comfort, and storytelling. With its rich symbolism, historical references, and high-quality craftsmanship, this collection not only makes a bold statement but also redefines what it means to wear a narrative, In which brings a set of standout garments that appeals to both style enthusiasts and those who appreciate deeper connections in fashion.

Media details: 

Boyarski Fritz LLP

David Fritz 

dfritz@boyarskifritz.com

www.boyarskifritz.com/david-fritz

Fence Wallpaper introduces an innovative line of weather-resistant garden backdrops, offering homeowners a quick and affordable solution to dramatically enhance their outdoor spaces. These eco-friendly, easy-to-install backdrops feature stunning designs inspired by nature and architecture, transforming ordinary fences into extraordinary visual elements. Made from recycled materials and designed to withstand various weather conditions, Fence Wallpaper’s products combine durability with aesthetic appeal, revolutionizing the approach to garden design and outdoor decor.

London, United Kingdom, 9th Sep 2024 – Fence Wallpaper, a UK based pioneering provider of garden design solutions, is transforming outdoor aesthetics with its innovative, weather-resistant backdrops. These unique products offer homeowners an easy and affordable way to dramatically upgrade their gardens, patios, and outdoor living areas.

Fence Wallpaper’s extensive collection features stunning in-house designs inspired by lush botanicals, serene landscapes, and enchanting motifs. From moon gate trellises to vibrant floral scenes, the range caters to diverse tastes and garden styles.

Key features of Fence Wallpaper products include:

  • Weather-Proof Durability: Made with premium recycled waterproof materials, these backdrops withstand year-round outdoor conditions.
  • Easy Installation: Designed for user-friendly application, the backdrops can be easily stapled, taped, or attached without professional help.
  • Eco-Friendly Materials: Crafted from recycled plastic, combining environmental responsibility with long-lasting performance.
  • Customization Options: Personalized designs available to suit individual preferences and garden themes.

“Our vision is to elevate outdoor spaces, turning ordinary fences into extraordinary canvases,” said the founder of Fence Wallpaper. “We believe that gardens deserve the same creative attention as interiors, and our products make this achievable for every homeowner.”

Fence Wallpaper was born from a simple idea: why settle for bland fences when you can transform them into stunning backdrops? The company’s mission is to conceal unsightly walls, create exotic escapes, and expand visual space, all while maintaining affordability and environmental consciousness.The innovative nature of Fence Wallpaper lies in its name – it’s not actually wallpaper, but a durable, weatherproof material designed exclusively for outdoor use. This unique approach allows for the artistic appeal of wallpaper with the resilience needed for exterior applications.

Customers can explore the full range of Fence Wallpaper products at www.fencewallpaper.com. The company also invites garden enthusiasts to follow their social media channels for inspiration, unboxing videos, and stunning garden transformation showcases.

About Fence Wallpaper:

Founded with a mission to revolutionize garden design, Fence Wallpaper offers premium, weather-resistant garden backdrops that transform outdoor spaces. The company’s innovative designs and eco-friendly materials provide an easy, affordable way for homeowners to dramatically upgrade their gardens and patios.

Media Contact

Organization: Fence Wallpaper

Contact Person: Fence Wallpaper Support

Website: https://fencewallpaper.com/

Email: Send Email

City: London

Country: United Kingdom

Release Id: 09092416734

The post Fence Wallpaper Unveils Garden Backdrops for Instant Outdoor Transformations appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

United States, 9th Sep 2024 – Bitstaker has taken a bold step in reshaping the decentralized finance (DeFi) landscape, securing $4 million in seed funding. This significant investment marks a pivotal moment for the platform, as it gains the trust of key investors and sets the stage for groundbreaking developments in the DeFi ecosystem.

 

Expanding the Future of DeFi: Multi-Chain Staking & Flexible Strategies

Bitstaker ‘s core mission is to revolutionize staking in DeFi through its innovative multi-chain platform. By enabling seamless interaction with a variety of blockchain networks, including Ethereum Virtual Machine (EVM)-compatible chains and Layer 2 solutions, Bitstaker is bridging gaps across the DeFi space and creating a more interconnected, streamlined environment for users.

The platform’s multi-chain staking allows investors to leverage their assets across different protocols, maximizing efficiency and boosting liquidity. This novel approach brings unparalleled flexibility to DeFi, offering opportunities for both seasoned crypto veterans and those just entering the space.

In addition to its multi-chain capabilities, Bitstaker’s platform offers a range of staking options designed to fit various risk appetites and investment goals. From fixed-term staking for those seeking stable, predictable returns, to dynamic staking strategies that adapt to market conditions, users can enjoy a tailored DeFi experience with Bitstaker.

 

Driving DeFi Innovation Through Advanced Technology

The successful funding round underscores the confidence investors have in Bitstaker’s cutting-edge technology and vision for the future of decentralized finance. Its user-friendly platform lowers the barriers for new DeFi participants while providing sophisticated tools and strategies for experienced traders looking to optimize their investments.

Bitstaker is set to continue its upward trajectory by expanding its ecosystem, rolling out new features, and improving accessibility for all users. With a clear growth strategy, backed by a strong foundation of technological innovation, the platform is poised to lead the way in DeFi, setting a new benchmark for efficiency and inclusivity.

 

Join the Movement: Bitstaker and the Future of Decentralized Finance

As Bitstaker embarks on this exciting journey, it invites the DeFi community to be part of its evolution. By focusing on empowering users and creating a more accessible financial system, Bitstaker is helping to shape the future of decentralized finance.

With its powerful multi-chain staking platform and flexible investment strategies, Bitstaker is charting a new course for DeFi innovation—one where finance is truly decentralized, user-centric, and open to everyone.

For more information please visit:  https://www.bitstaker.io/ 

For media inquiries please contact at Email: official@bitstaker.io

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Organization: Bitstaker

Contact Person: Arthur Kennedy

Website: https://www.bitstaker.io/

Email: Send Email

Country: United States

Release Id: 09092416737

The post Bitstaker Secures $4 Million Seed Round, Paving the Way for DeFi Innovation appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

Silves, Portugal – 28 August 2024 

A new and exciting development is emerging in southern Portugal, offering a seamless blend of sustainable living and modern luxury. Located in the tranquil hills of Silves, deep in the Algarve countryside, Echo Valley provides an idyllic escape for those seeking both serenity and sophistication. With a strong focus on sustainability and an unwavering respect for its natural surroundings, Echo Valley promises a lifestyle that balances style, comfort, and conscious living.

Silves and the Algarve

Silves, a historic town in the Algarve, provides the perfect backdrop for this nature-centred project. Known for its rich history, Silves is famous for its striking red sandstone castle and picturesque whitewashed buildings. The town, once the Moorish capital of the Algarve, is situated on the banks of the Arade River and is surrounded by lush orange groves that give it the nickname ‘Orange Capital’. The area is a trove of culture and history, with a year-round calendar of festivals and events that attract both locals and visitors.

Echo Valley is located in rolling hills just 2 kilometres northwest of Silves’ town centre, making it well served by amenities while still providing the tranquillity of the Algarve countryside. The development spans 60 hectares of undulating land, offering stunning views and proximity to some of the Algarve’s most beautiful beaches, including those of Carvoeiro and Armação de Pêra, a 30-minute drive away.

Sustainable living in Echo Valley

Echo Valley’s design and infrastructure are rooted in sustainability. The development features 154 modern villas, each with its own private heated pool, all designed to minimise environmental impact while maximising comfort and style. These homes are equipped with energy-saving technologies, including green roofs, solar panels, and advanced heat recovery systems. The use of renewable solutions is a core principle of the project, ensuring that each villa is as respectful of the environment as it is aesthetically pleasing.

In addition to private residences, Echo Valley will offer a range of communal amenities designed to enhance the quality of life for its residents. These include communal gardens and orchards, an on-site restaurant that sources fresh, local produce, a co-working space and a fleet of electric vehicles available for rent to promote low-carbon mobility.

This development not only offers luxurious, stylish homes but also fosters a sense of community and a deep admiration for the natural environment. Construction is set to begin in late 2024.

Over the past decade, property values across Portugal have seen an average annual increase of 4% to 6%. In highly desirable regions such as Lisbon, Porto, and the Algarve—especially in top-tier neighbourhoods and luxury markets—this appreciation has often reached 6% to over 8% per year, with trends suggesting this growth will persist.

For more information about Echo Valley, to request a brochure or to schedule a viewing, please contact Ideal Homes Portugal.

About Ideal Homes Portugal

Ideal Homes Portugal, a division of Ideal Homes International, is a multi-award-winning real estate agency specialising in premium property services across Portugal, with a strong presence in the Algarve and Spain. Catering to holiday home seekers, permanent residents, and savvy investors, the agency offers comprehensive listings, sales, and mortgage brokerage services for properties worldwide.

Committed to excellence, Ideal Homes Portugal boasts a diverse portfolio of brands operating in 23 countries, managing assets exceeding $120 million, and facilitating property sales surpassing $1 billion.

For more information, property specifications, and to arrange property viewing, contact +351 289 513 434, email at info@idealhomesportugal.com, or visit: www.idealhomesportugal.com

Media Details:

Website: www.idealhomesportugal.com / https://echovalleyalgarve.com/

Development Name: Echo Valley

Contact Email: info@idealhomesportugal.com

Contact Number: +351 289 513 434

Los Angeles, CA, 9th September 2024, ZEX PR WIRE, Jaime Bejar, a seasoned eight-figure entrepreneur, coach, investor, and business owner, is excited to announce the launch of Online Empire University. This groundbreaking platform is designed to empower aspiring entrepreneurs with the tools and knowledge they need to navigate the complexities of Amazon Online Arbitrage (OA), while also educating them on how to avoid the myriad of scams prevalent in the e-commerce space.

Scams Threaten Amazon OA Newcomers

The online business world, particularly platforms like Amazon, is ripe with opportunities. However, it is also fraught with risks, especially for newcomers unfamiliar with the landscape. Scams such as fraudulent suppliers, fake job offers, and deceptive payment requests can ensnare those who are not vigilant. Jaime Bejar understands these dangers well. Having successfully transitioned from being $100,000 in debt to becoming a leading Amazon seller and e-commerce expert, Bejar knows that education is key to sidestepping these pitfalls.

Online Empire University: A Shield Against Scams

At the core of Online Empire University is Bejar’s mission to provide aspiring entrepreneurs with tried-and-tested strategies that not only help them build thriving Amazon businesses but also protect them from falling prey to scams. The platform offers comprehensive courses that cover the full spectrum of Amazon OA, from identifying profitable products to managing logistics. It also focuses on scam prevention, teaching students how to spot and avoid the most common internet scams.

“Scams are everywhere, especially in the world of e-commerce,” says Jaime Bejar. “Through Online Empire University, I want to help entrepreneurs not just to succeed, but to do so safely. Understanding the risks and being able to identify scams is crucial for anyone looking to build a sustainable business online.”

Understanding Common Internet Scams and Phishing Schemes

Online scams can take many forms, and Jaime Bejar’s platform delves deep into these issues to educate entrepreneurs on what to watch out for. One of the most prevalent scams involves requests for payment via Amazon.com Gift Card claim codes. Scammers often pose as legitimate businesses or buyers, asking unsuspecting victims to pay using these gift cards. Bejar advises against this practice, reminding his students that Amazon Pay never asks for payment via gift cards or guarantees transactions through them. These scams are designed to trick users into making payments that are almost impossible to recover.

Another common scam involves phishing emails, which look like they come from reputable companies like Amazon but are actually fraudulent. These emails often ask for sensitive information like login credentials, social security numbers, or credit card details. Bejar emphasizes the importance of vigilance when dealing with such communications and urges individuals to avoid clicking on links from unknown senders or providing personal information through email.

Key Scam Prevention Strategies Provided by Online Empire University

  1. Beware of Payment Requests via Amazon Gift Cards: Online Empire University educates its students on the dangers of paying for goods or services with Amazon.com Gift Cards. Bejar stresses that if any merchant requests payment via gift card, it is a red flag that should not be ignored.

  2. Stay on the Merchant’s Site for Payments: Bejar advises his students to always complete transactions on the merchant’s site rather than being redirected elsewhere. This practice helps avoid scams where fraudsters trick buyers into paying off-site, often with false promises of guaranteed transactions or refunds.

  3. Question Offers That Seem Too Good to Be True: Scammers frequently use unbelievably good deals to lure in victims. Bejar encourages skepticism and careful scrutiny of such offers, as genuine products are rarely sold for far below market value.

  4. Verify the Identity of Contacts: Bejar’s platform emphasizes the importance of verifying the identity of business contacts. If you cannot confirm someone’s identity, it’s best not to proceed with any financial transactions.

  5. Recognize Phishing Emails: Online Empire University also covers the importance of recognizing phishing emails and spoofed websites. These emails often contain poor grammar, typographical errors, and suspicious links. Bejar teaches his students to look closely at the sender’s address and never provide sensitive information unless they are sure of the source’s legitimacy.

  6. Use Official Websites for Account Information: Bejar’s university advises that when in doubt, always access your account information directly from the official website (e.g., Amazon Pay’s legitimate domains), rather than clicking on links provided in emails or messages. This prevents sensitive data from falling into the wrong hands.

A Journey from Debt to Success: Jaime Bejar’s Story

Jaime Bejar’s journey to entrepreneurial success has been nothing short of inspiring. Born and raised in Los Angeles, California, and a graduate of California State University of Los Angeles in Accounting and Finance, Bejar has always been passionate about empowering people through financial literacy. His consistent drive and analytical mindset led him to build multiple successful businesses, even after facing personal financial setbacks that forced him to move back in with his parents.

“I know what it’s like to be in a tough spot financially,” Bejar shares. “That’s why I am so committed to helping others avoid the mistakes I made and achieve financial freedom without falling victim to scams. Online Empire University is more than just a platform; it’s a community where people can learn, grow, and support each other.”

More Than Just Amazon OA: Building a Secure Future

While the focus of Online Empire University is on Amazon OA, Bejar’s broader vision encompasses building a strong foundation for entrepreneurs by teaching them both the technical skills required to excel and the critical thinking needed to spot fraudulent schemes. The aim is to create not just successful Amazon sellers, but savvy business owners who are well-equipped to face the evolving challenges of the digital world.

About Jaime Bejar

Jaime Bejar is an eight-figure entrepreneur, coach, investor, and business owner who specializes in guiding people through the complexities of e-commerce, especially Amazon Online Arbitrage. With a strong background in Accounting and Finance, and over five years of tax experience, Bejar combines his passion for finance, entrepreneurship, and fitness. When he’s not mentoring aspiring entrepreneurs, Jaime enjoys weight training with his wife and friends, as he is also an avid bodybuilder and powerlifter.

For More Information:

To learn more about Online Empire University and how to avoid Amazon OA scams while building a profitable business, visit Jaime Bejar’s Official Website or contact him directly:

Press Contact: Jaime Bejar

Founder, Online Empire University

Los Angeles, CA

Jaime Bejar (Jaimebejar.com)

https://Jaimebejar.com/

213-837-8371

Jaime Bejar’s Online Empire University is committed to transforming lives by equipping aspiring entrepreneurs with the knowledge and skills to achieve financial freedom while staying safe from scams in the e-commerce world.

Dubai, UAE, 8th September 2024, Ethereum (ETH) and Ethereum Classic (ETC) are frequently likened due to their shared history, similar names, and widely discussed separation of ways after the 2016 DAO hack. Because both networks encounter scalability issues, with ETC to a lesser degree for now, layer-2 solutions (L2) have become a pressing topic for both communities. Let’s delve into it.

The History Behind 

Ethereum and Ethereum Classic have a joint origin, both stemming from the initial Ethereum platform. The rift within that platform occurred due to an infamous event referred to as the DAO hack. The DAO, one of the most notable crowdfunding campaigns in crypto history, raised an immense amount of ETH that was later stolen due to a flaw in the code. The latter caused severe disagreements within the Ethereum community and eventually resulted in a hard fork in the Ethereum blockchain. The new chain, which reverted to its state before the DAO attack, kept the original name, while the unreverted version continued its operation and was rebranded as Ethereum Classic.

Both chains initially employed the Proof-of-Work (PoW) consensus mechanism, with Ethereum moving to the Proof-of-Stake (PoS) one later. While this decision helped to improve scalability, it was not a sufficient solution in the long term. So, it is unsurprising that these two blockchains have been actively exploring L2 solutions. Such solutions are developed on top of any blockchain, called layer 1, to enhance its performance.

Ethereum’s L2 Solutions 

Ethereum has gained widespread adoption as a blockchain network, renowned for its vibrant ecosystem of dApps, DeFi platforms, and aspiring developers who choose Ethereum as a base for their products and services. Therefore, the question of enhancing scalability has been especially pressing for Ethereum compared to other chains. The introduction of Ethereum 2.0 represented a major milestone in the network’s evolution. This upgrade includes the implementation of the PoS approach mentioned above. 

Some may argue that Ethereum has led the way in developing and implementing a variety of layer-2 solutions, such as rollups, state chains, sidechains, and nested blockchains. All those solutions are aimed at handling thousands of transactions per second, opening a door for fresh opportunities to expand the Ethereum landscape. 

Another major challenge Ethereum faces is gas costs. This issue persists even after PoS adoption, negatively affecting user experience when swapping ETH. L2 solutions play a crucial role in solving this issue by moving transactions off-chain and thus significantly reducing fees. This fee reduction enhances the accessibility of the Ethereum network, making it more cost-effective for a broader range of users and applications to participate in the ecosystem.

One of the downsides of many of Ethereum’s L2 solutions is trust. While many crypto enthusiasts do believe in this blockchain, which is evident from its popularity, they are not so keen on L2 solutions, treating them with caution. And rightfully so. While Ethereum may be robust, such solutions may become its weak points if they are less thoroughly designed and audited and, therefore, more vulnerable to hacks. Consequently, it becomes a significant area for L2 builders. 

Ethereum Classic’s L2 Solutions 

Ethereum Classic is a much smaller blockchain, ranked thirtieth according to its market cap at the time of writing. Although it has fewer L2 solutions than Ethereum, it has enthusiasts eager to make this chain more efficient and scalable without compromising its security.  

As mentioned above, ETC’s security is supported by its dedication to the PoW consensus mechanism and immutability, which has established a strong foundation for solutions and products. However, the limited creation and adoption of L2 solutions also means there might have been fewer improvements in scalability compared to Ethereum.

When it comes to cost efficiency, ETC transactions are usually cheaper than Ethereum due to lower network congestion. However, the development of L2 solutions has the potential to decrease transaction expenses even further.

One disadvantage of the Ethereum Classic that is linked to the L2 solutions is the size of its community. Since it is less prevalent than Ethereum, there is far less activity and liquidity. Consequently, there is far less motivation to choose this network for developing new solutions, including L2s. In addition, while ETC has good interoperability with Ethereum’s apps and tools, it may backfire, drawing potential users and builders to ETC’s biggest competitor instead.

Conclusion

Both Ethereum and Ethereum Classic are focusing on implementing layer-2 solutions to address their scalability challenges. Although Ethereum is taking the lead in this and other regards, Ethereum Classic continues to grow and develop, not giving up the chance to give good competition to its rival. No matter the result of this rivalry, both networks will gain from improved scalability, ultimately making blockchain technology more accessible and efficient for users worldwide.

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