๐น 07:00โ13:30 Web3 Overhaul & Node Update
๐ก 1. Theyโre Overhauling Everything in Web3
~ The Bellator team is making huge changes to how their entire system works online. ~ Theyโre moving toward building their own blockchain, like Ethereum or Solana. ~ This new system will make things faster, more secure, and more automatic.
๐ง 2. The Big Words Explained Simply
~ Blockchain = A special computer network that tracks money or data safely and publicly. ~ Node = Think of it like a helper robot that runs part of the blockchain system. ~ Gas Fees = A tiny fee paid when using the blockchain โ like a toll to drive on a digital road. ~ Phoenix (PNIC) Token = Their own coin that people will use to pay the gas fees. ~ Miracle Chain = The name of their new custom-built blockchain. ~ MIRx Token = Another new coin that helps power their network and pays node holders.
3. What Theyโve Done So Far
~ They sent out 13,000 nodes to users โ like giving everyone part of their new system. ~ It took a while and had some hiccups, but theyโre fixing it. ~ The system was so active that it nearly overloaded the Avalanche blockchain (which they were using temporarily). ~ Theyโll finish sending any missing nodes in the next few days.
๐ 4. Whatโs Changing (and Why Itโs Huge)
~ Instead of using Avalanche for their blockchain, theyโre building their own called Miracle Chain. ~ People will use the Phoenic token to pay gas fees โ which means more demand for Phoenix. ~ This is like switching from paying tolls to another companyโs roads to collecting tolls on your own highway.
๐งฑ 5. Why This Is a Big Deal
~ Every transaction (money sent, purchases, rewards) will now be recorded automatically. ~ No need to ask support for help โ you just connect your wallet and it works. ~ All activity will be transparent and trackable โ you can see whatโs happening and where the money goes.
๐ค 6. Even More Money Opportunities
~ When merchants use Miracle Pay, theyโll be charged a small fee โ and that money goes to node holders and token holders. ~ Even people who own older nodes (Pay Nodes) will now earn extra money from this new system. ~ From November on, all transactions, commissions, and bonuses will be automatic and faster.
๐งฉ 7. Building Tools for Other Companies Too
~ Theyโre not just using this system for themselves โ theyโll let other businesses use it to automate their own systems. ~ Itโs like building a Lego set, then selling the whole toolkit to others.
๐ Final Thoughts (Before 13:30)
This is not just a tech update โ itโs a complete overhaul of their business to become their own blockchain provider, earn revenue from gas fees, and set up a system that: โ Pays people automatically โ Tracks everything transparently โ Works lightning fast โ Helps other companies plug in too
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