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Crypto Speak: PoS O Proof of Work (PoW) jsme mluvili dříve, nyní pojďme diskutovat o Proof of Stake (PoS). Proof of Stake (PoS) je konsensuální mechanismus používaný v blockchainových sítích k ověřování a potvrzování transakcí. V systému PoS jsou validátoři vybíráni k vytváření nových bloků a zabezpečení sítě na základě počtu mincí, které drží a jsou ochotni „vsadit“ jako kolaterál. Validátoři se střídají v navrhování a ověřování nových bloků, přičemž šance, že budou vybráni k vytvoření nového bloku, je úměrná množství kryptoměny, kterou drží a jsou ochotni vsadit. $SOL PoS je považován za energeticky účinnější než Proof of Work (PoW) a je používán blockchainovými sítěmi, jako jsou Ethereum 2.0, Cardano a Tezos.$BTC

Crypto Speak: PoS

O Proof of Work (PoW) jsme mluvili dříve, nyní pojďme diskutovat o Proof of Stake (PoS).

Proof of Stake (PoS) je konsensuální mechanismus používaný v blockchainových sítích k ověřování a potvrzování transakcí. V systému PoS jsou validátoři vybíráni k vytváření nových bloků a zabezpečení sítě na základě počtu mincí, které drží a jsou ochotni „vsadit“ jako kolaterál.

Validátoři se střídají v navrhování a ověřování nových bloků, přičemž šance, že budou vybráni k vytvoření nového bloku, je úměrná množství kryptoměny, kterou drží a jsou ochotni vsadit. $SOL

PoS je považován za energeticky účinnější než Proof of Work (PoW) a je používán blockchainovými sítěmi, jako jsou Ethereum 2.0, Cardano a Tezos.$BTC

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Crypto Speak: POW Proof of Work (PoW) is a consensus mechanism used in blockchain networks to validate and confirm transactions. In a PoW system, miners compete to solve complex mathematical puzzles, with the first miner to find the solution being rewarded with newly minted cryptocurrency and transaction fees. This process requires significant computational power, making it costly and time-consuming. However, it ensures network security and prevents double-spending. Bitcoin, the first cryptocurrency, uses PoW as its consensus mechanism.
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El Salvador mines 474 Bitcoin using Geothermal Volcanic Energy!#bitcoinhalving El Salvador has recently made headlines by mining 474 Bitcoin, valued at $29 million, using geothermal energy from the Tecapa volcano. This brings their total Bitcoin holdings to 5,750 BTC, worth approximately $354 million. Since 2021, the country has allocated 1.5 megawatts (MW) of its 102 MW geothermal power production to cryptocurrency mining. El Salvador's commitment to renewable energy mining stands as a significant step amidst global concerns about Bitcoin's environmental impact. President Nayib Bukele's support for Bitcoin has remained unwavering, even in the face of criticism. Despite this, he secured a resounding victory in the 2024 presidential election. Meanwhile, debates surrounding Bitcoin's environmental impact persist, with calls for a shift from proof-of-work to proof-of-stake mining algorithms. $BTC
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What are CBDC? Money has always evolved, from shells to beads, and now to digital currencies. But governments aren't ready to let go of their control just yet. Enter Central Bank Digital Currencies (CBDCs), a new breed of digital money that's permissioned, not permissionless like crypto. Governments are embracing CBDCs to retain their authority over money creation and control. CBDCs offer benefits like efficient social benefit distribution, tax avoidance, and crime prevention. But, they also come with a cost - surveillance. With CBDCs, governments can track every transaction, and force citizens to use them. It's a 360-degree view of your spending habits, and a potential threat to financial privacy. Crypto, on the other hand, is permission less, decentralized, and transparent. It's a beacon of hope for those who value financial freedom. Will CBDCs suffocate crypto, or will crypto evolve and thrive?
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Crypto Speak: Peer-to-Peer (P2P) Networks Imagine a network where individuals connect directly, without a middleman to share resources and communicate freely. Welcome to the world of Peer-to-Peer (P2P) networks! In a P2P network, each device acts as both a client and server, allowing users to share files, bandwidth, or processing power directly with each other. This decentralized architecture eliminates the need for a central server, giving users more control and autonomy. For example, Bitcoin operates on a P2P network, enabling users to transfer value directly without relying on a central authority.Similarly, file-sharing platforms like BitTorrent use P2P technology to facilitate fast and efficient sharing of large files. By cutting out intermediaries, P2P networks promote freedom, security, and community-driven innovation.
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#MemeWatch2024 Binance Meme Coins (Under $1) with Bull Run: Dogelon Mars (ELON): Key Info: Inspired by the "Doge going to Mars" meme, ELON focuses on intergalactic dog travel (in the metaverse sense) and building a play-to-earn ecosystem.Current Price: ~$0.000008Predicted Trajectory: ELON's play-to-earn game and metaverse ambitions hold promise, but success hinges on strong development and user adoption. Price could experience significant gains if the project gains traction. Kishu Inu (KISHU): Key Info: This Shiba Inu-inspired meme coin aims to create a decentralized exchange (DEX) and NFT marketplace within its own ecosystem.Current Price: ~$0.000002Predicted Trajectory: KISHU's planned DEX and NFT marketplace could add utility and drive user engagement. However, competition in these spaces is fierce. Price growth depends on successful execution of these plans. Pitbull (PIT): Key Info: This aggressive meme coin focuses on DeFi applications, offering staking and yield farming opportunities.Current Price: ~$0.000018Predicted Trajectory: PIT's DeFi features offer some utility beyond meme status. Price could rise if the project attracts more users for staking and yield farming. However, the DeFi market is crowded, so standing out is crucial. Hoge Finance (HOGE): Key Info: This meme coin with a focus on community building has a deflationary mechanism that burns a portion of tokens with each transaction. Current Price: ~$0.000022Predicted Trajectory: HOGE's deflationary mechanism and strong community could influence price growth. However, wider adoption and use cases beyond holding are needed for significant gains. Baby Doge Coin (BABYDOGE): Key Info: Inspired by Dogecoin, Baby Doge Coin aims for faster transactions and a cuter community. It has a charity element with donations to children's causes.Current Price: ~$0.0000000018Predicted Trajectory: Baby Doge Coin's price is very low, offering the potential for high percentage gains. But its success heavily relies on maintaining community interest and exceeding its "cute" factor with tangible use cases.
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