SafeMoon: The New Cryptocurrency That People Are Raving About

Cryptocurrency has been around for a while, but it got popular once the price of Bitcoin skyrocketed. Now, there are many other kinds of cryptocurrency options, one of them being SafeMoon. It launched in March of 2021, which means that it’s fairly new. However, it already has more than 1 million users. It’s a blockchain-based kind of crypto, like Bitcoin, Dogecoin, and Ethereum, but there are some differences.

SafeMoon: The New Cryptocurrency That People Are Raving AboutThe Differences with SafeMoon

One of the main differences with SafeMoon is that they reward their long-term holders by adding a 10% fee on each sale. The fee is divided between existing coin owners in a dividend that is paid out in the form of additional coins. However, the fee is what discourages people from selling, since they pay people to hold onto the coin.

SafeMoon originally launched at the value of $0.0000000010 and since then, it has increased in value. Even though it’s not even close to being one of the top cryptocurrencies on the market right now, like Dogecoin, it’s still one that is attracting a lot of attention due to how inexpensive it is.

The Creators of SafeMoon

There are 6 leaders of SafeMoon, but there is little information on them. John Karony is the CEO and he is a former U.S. Department of Defense analyst. The CTO, Thomas Smith, has been working with multiple blockchain and DeFi organizations over the past 2 years.  John Karony - SafeMoon's CEOWhat’s to Come for SafeMoon?

During the first quarter of SafeMoon, the team should work on their marketing campaign. Following that, there should be an app developed for trading cryptocurrency. The team behind the crypto wants to build their exchange while also expanding their team and offices.

Skeptics of SafeMoon

Like other cryptocurrencies, there are a few skeptics of SafeMoon. Some compare SafeMoon to Bitconnect which was a Ponzi Scheme and the profits that were made were based on someone else paying more for the coin than you did. This means that those who join early on will benefit more than the newcomers.

NASA Have Released The Closest Photos Ever Taken Of The Sun

Getting up close and personal with the sun is never going to be possible. Not only would the star burn us alive, but just looking at it would blind us. Fortunately, we don’t have to travel light years to get a good glimpse of it, because NASA and the European Space Agency have shared pictures of it closer than ever.

Studying The Sun

Back in February, the two space agencies teamed up to launch the Solar Orbiter. The aim was to learn more about the sun, so the device was packed with half a dozen telescopes and equipment for analyzing the surrounding environment. It took roughly four months for the satellite to orbit the sun once, but judging by the pictures it sent back to Earth, the wait was worth it.

A Lot To Learn

The scientists were amazed when they saw the images, with Daniel Müller of the ESA stating that their hopes hadn’t been high. Fortunately, despite the fear of failure, the satellite managed to provide incredible pictures that can now be used to understand how the sun works. Through these photos, they hope to learn more about the star’s atmospheric layers, and from there, interpret how these impact weather in space.

Closer Than Ever

The images captured by the Solar Orbiter are notable because they’re the closest pictures that have ever been taken of the sun. The satellite was still some 48 million miles away from the star, which put it roughly halfway between there and the Earth. While that might seem pretty far away, attempts to get too close could damage the satellite. After all, the outer layer of the sun is about 9,000 degrees Fahrenheit.

The Solar Orbiter’s work is far from done, with the satellite set to reach as close as 26 million miles within two years. If the project continues to be a success, just imagine how incredible those photos will be.