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In a recent tweet by Polkadot, some surprising reveals came forward. This eventually left the community in excitement. They mentioned that Polkadot is preparing a very big improvement. In addition, they are getting ready to launch the Parachains or popularly known as Common Goods.
Polkadot has become one of the most well-known protocols of blockchain. It operates on 
an exchangeable data interface headed by Govin Wood. Govin was also the co-founder of Ethereum. Polkadot operates with the support of much cutting-edge technology including algorithms like GRANDPA.
an exchangeable data interface headed by Govin Wood. Govin was also the co-founder of Ethereum. Polkadot operates with the support of much cutting-edge technology including algorithms like GRANDPA.What is Parachain?
Parachain came into existence to increase the scalability of the Polkadot architecture. It is probably the last core function that serves as the outline of the Polkadot whitepaper. What’s more, Parachain is already in the testing phase. Also, it is undergoing multiple optimizations and changes. It will be a community-driven initiative as said by Polkadot. Therefore, the community decides what changes and features Parachains should have over time.
When will Parachain Launch?
Polkadot is already well-known for its highly secure platforms. It offers some of the most scalable and innovative ideas. And after the release of its infamous genesis block in May 2020 under their Relay Chain. They are now almost on the edge of launching their very own Parachain network. It will be first launched in their testing phase. After which, by mid-2021, others will be able to enjoy the benefits of Parachain.
Parachain Road-map
A roadmap recently surfaced provided by the official team of Polkadot. They mentioned all the details related to the launch and availability of Parachain.
Insights into the road map:
· Rollout over Major TestNets
Testnet servers like Rococo will receive the first Parachain rollout. Here a number of people will test the limits of Parachain. After the functionality receives multiple positive feedbacks. They will start the registrations for team testing.
Here, the respective Parachain teams will test their work and provide opinions. Then, possible changes will occur to develop its final core functionality. And after the comprehensive necessary routine measures are complete. Polkadot will finally reach its final form.
· Slot Auctions for Kusama Roll-out
Once the thorough testing phase completes and the team is confident. They will launch Parachain on Kusama 
which is the canary platform for Polkadot. Here, an official slot auction will occur via its governance channel on Kusama. This will serve the purpose of becoming its level-2 testing phase. Here Parachains will operate with real money. This will allow the members to vote for changes if necessary. These votes will occur after a given time-frame. And this will decide slot-auctions and addition of common-good Parachains.
which is the canary platform for Polkadot. Here, an official slot auction will occur via its governance channel on Kusama. This will serve the purpose of becoming its level-2 testing phase. Here Parachains will operate with real money. This will allow the members to vote for changes if necessary. These votes will occur after a given time-frame. And this will decide slot-auctions and addition of common-good Parachains.· Live Offerings of Common-Good Parachains
After all the necessary changes are complete and Parachains don’t have any flaws. The community will then allow its live offering and enable common good parachains. The first slot auction of Common-goods will occur via its governance chain. After the success of parachains, Polkadot will successfully achieve its primary goal. After this, the Parachian network can receive many upgrades. Some of them are XCMP and parathreads which are already ready to launch. But all such decisions will be entirely taken by the community members of Polkadot.
Are you following crypto for quite a while, but afraid to invest? What if I tell you there are ways through which you can start your crypto account, that too for free? Yes, you heard us right. There are 
several ways through which you can earn free crypto in 2021. All you will need is a little knowledge and that’s pretty much it. This article discusses 5 methods to earn free crypto.
Free crypto is, not something everyone can earn. But if you know the right means that’s another story. So, presenting you 5 ways through which you can get free crypto:
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Airdrops
An airdrop is like a free care-package filled with crypto coins. These are then sent to random addresses. Several cryptocurrencies run Airdrop campaigns. They do this to get publicity and it works more like a marketing strategy. Airdrops might be the easiest way to earn quick bucks in crypto. There are tens and hundreds of airdrop campaigns running on various websites. Some require you to put-in KYC or id proofs, while some just want your wallet address. Submitting identity proofs on random websites is not something we recommend. Unless you are sure that Airdrop is legit and it cannot cause you any damages.
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Working in a Crypto related Job
Alright, this is another good way to not only get good crypto but also create a passive income stream. Working with crypto does not require you to be a certified programmer. There are many other works you can do and get paid in your favorite cryptocurrencies.
There are jobs like community manager, marketing agent if you are an enthusiast. While you can also be a content writer or a customer care executive. You can fulfill a range of works and get cryptocurrencies in exchange.
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Affiliate Marketing
Another good way is to start affiliate marketing. Referring to people on community portals, or through social media is a good example. You also refer people to new projects and if they invest in it, you earn a commission, simple. This is almost like any other referral-oriented affiliate job. If you get someone to invest via your affiliation you will get a certain amount of referral fees.
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Coinbase Learn & Earn
This might be the most underrated method to earn free crypto. It is also a very good way to start learning about crypto if you have only a little knowledge about it. It is a learning program run by Coinbase. Also, it 
lets you learn about crypto while you also earn them in the process. So, Coinbase has many videos on its platform. All the videos are about cryptocurrencies. And you can earn free coins in exchange for completing each video. You simply need a Coinbase account. It will also require an invite to Coinbase Earn as it’s an invite-only program.
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Using SteemIt
It is a blockchain technology-driven social media platform. Here you get rewards for sharing content. Every upvote beyond a limit will give you good rewards. Users can get paid in cryptos like STEEM, Seem Dollar, and also Steem Power. What’s more, you can also transfer there to any exchange that supports STEEM.
On February 23, CoinEx revealed that it has successfully burned 1.08 billion CoinEx Token (CET). These tokens were actually for allocation to the team that works at CoinEx. Many exchanges started following this team token strategy. It became a means to boost the team’s morale and did wonders in terms of marketing. Sources have revealed that this CET burn is the highest of all time by this exchange.
What is CET?
In 2018, CoinEx launched a privilege & service-oriented token. This token provided extra value to the holders and gave them special recognition. Traders could use it for purchasing cryptocurrencies 
at discounted trading rates. Soon after CoinEx started burning CET at a rapid pace to increase its scarcity. Which yielded extra returns to CET holders. That’s not all, holders of CET tokens are also given many other trading privileges and discounts.
A person with more than a given CET becomes a VIP on CoinEx. This attracts many benefits. Users get multiple discounts, more withdrawal limits, and also a dedicated customer portal. CoinEx’s motive behind this is to encourage holders to hold their tokens for the long-term.
Why did CoinEx Burn CET?
In the world of cryptocurrencies, the meaning of burning is very different. The term burning means sending a usable token into a sealed account. This not only removes that token from the supply, but it also increases their scarcity. To better understand this concept, you can relate it with “buying back shares.” The effects of both the situation are similar on the company that is buying back its shares.
By burning CET CoinEx will reduce the total number of tokens in supply. This makes the remaining tokens that are in circulation more and more valuable. This results in generating a positive return for holders of CET.
How is it Done?
On July 1, 2018, CoinEx decided to invent the burning of CET. They planned to quarterly re-purchase and burn CET at regular intervals. They use 50% of their daily profits from fees to re-purchase CET from the secondary market every day. Then they burn it each quarter. They plan to repeat this cycle until the circulation reaches 3 billion CET.
Although this plan was not so successful at the early stages. But the burning plan has shown a massive increase in their revenues recently. They also have a public portal where everyone can check the live stats of CET.
What is the Current Circulation of CET?
After 
CoinEx burned 1.08 Billion CET, 4.34 Billion CET are circulating remaining. This accounts for roughly 115 Million USD in market capitalization. In addition, the current burning by CoinEx far exceeds the total mined output of this token. This means it is already in the state of deflation that can yield high returns for investors.
About CoinEx
CoinEx is a Hong Kong-based global crypto exchange which started in late 2017. CoinEx runs on a proprietary trading system. As it helps in providing a fast, secure, and easy-to-understand crypto trading platform. The seed funder for this exchange was a Bitmain-led investor. It is also a subsidiary of the crypto giant ViaBTC group which runs the largest BCH mining setup in the world.
There are rumors about the implementation of a new rule for Crypto users in Thailand. As bitcoin rallied its way to $40K, then to $50K Thailand has seen massive growth in Crypto investors. Sources say, most of these investors are partially young with limited crypto knowledge. After noticing this unusual 
surge falling prey to the lucrative crypto profits. The Thai Government is taking strict measures to regulate cryptocurrencies. In order to save such investors and their money from such high-risk assets.
Details about the Proposed Rule
The new rule implicates investors to showcase their income statement. After this, retail investors will have to provide their tax returns to open a trading account. The SEC’s secretary in general Ruenvadee Suwanmongkol presented this opinion. This discussion took place in her interview on Friday. Thailand has licensed only six exchanges to trade in crypto.
The rule suggests, only those with the necessary knowledge should invest in crypto. Regulators can ensure this by screening every investor interested in trading. After this, investors are in deep trouble as there are many not eligible to trade. Now they have to opt for licensed finance managers to invest in cryptocurrencies
She also stated, most of the investors are partially young including teenagers & students. Hence, it’s crucial to regulate domestic exchanges. Ruenvadee also agreed that more and more people have started investing in cryptos. But was against such decisions due to its enormous risk and volatility.
Why is Thailand Planning to regulate Crypto?
After the country tackled the Coronavirus pandemic. It has faced huge losses due to the falling hospitality industry. Not to forget most of the tax revenue generated in the country was from its hospitality industry. Thailand is the 2nd largest economy in Asia growing steadily in the crypto market. During this, Bitcoin drew even more attention. Soon after the coin crossed its $1 Trillion-mark last week.
Ruenvadee 
also said that the total revenue of trading platforms tripled in January. In December it was around $700 Million that raised to $2 Billion in January alone. Data provided by the SEC suggests that 90% of that trading revenue came from Thai citizens.
After this, many official authorities are planning to regulate the currencies increasing outbursts. Thailand is also among the list of countries that are against crypto. Therefore, they want to bring out the riskier side of the currency.
Other important details from the Interview
These rules will be out in the coming week by Thai regulators. After which a public hearing will happen to inform all the citizens about this amendment. This hearing will occur in the first week of March’21.
SEC’s secretary in general, Ruenvadee Suwanmongkol had some interesting things to share. She said Thailand will also notice its first crypto coin developed by a local company. And revenues generated from property rental services will back the token, she said.