💰 #Dogecoin Už mám makro graf pro#DOGEa na této minci jse

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💰 #Dogecoin Už mám makro graf pro#DOGEa na této minci jsem býčí🐃 V tomto příspěvku bych chtěl pouze říci, že je to jedna z nejlepších investic na současných úrovních IMO🚀 Tak si nenechte ujít! $DOGE

💰 #Dogecoin  
Už mám makro graf pro#DOGEa na této minci jsem býčí🐃
V tomto příspěvku bych chtěl pouze říci, že je to jedna z nejlepších investic na současných úrovních IMO🚀 Tak si nenechte ujít!
 $DOGE 

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#EDUCATIONL_POST How Blockchain Works 1. Introduction to Blockchain - Blockchain: A decentralized, distributed ledger that records transactions across many computers in such a way that the registered transactions cannot be altered retroactively. This ensures security and transparency. 2. Key Components - Blocks: Each block contains a list of transactions. Once a block is completed, it is added to the chain. - Chain: A sequence of blocks linked together. Each block contains a reference (hash) to the previous block. - Nodes: Computers on the network that maintain and validate the blockchain. Each node has a copy of the entire blockchain. 3. Transaction Process - Initiation: A transaction is initiated by a user and broadcast to the network. - Verification: Network nodes validate the transaction using consensus mechanisms. - Consensus Mechanisms: Methods used to agree on the validity of transactions. Common ones include: - Proof of Work (PoW): Miners solve complex mathematical puzzles to validate transactions. - Proof of Stake (PoS): Validators are chosen based on the number of coins they hold and are willing to "stake" as collateral. - Inclusion in a Block: Validated transactions are grouped into a new block by miners or validators. - Adding to the Blockchain: The new block is added to the blockchain, making the transaction permanent and immutable. 4. Security Features - Hashing: Each block contains a unique hash of the previous block, ensuring that any alteration affects the entire chain. - Decentralization: The distributed nature of blockchain makes it

#EDUCATIONAL_POST Consensus Mechanisms: Proof of Work vs Proof of Stake 1. Proof of Work (PoW) - Definition: Proof of Work is a consensus mechanism used to validate transactions and add new blocks to the blockchain by requiring participants (miners) to solve complex mathematical puzzles. - How It Works: - Mining: Miners compete to solve cryptographic puzzles using computational power. - Validation: The first miner to solve the puzzle gets the right to add a new block to the blockchain. - Rewards: The successful miner is rewarded with new cryptocurrency tokens and transaction fees. - Characteristics: - Security: High level of security due to the significant computational power required to alter the blockchain. - Energy Consumption: Energy-intensive as it requires substantial computational resources. - Decentralization: Promotes decentralization as anyone with the necessary computational power can participate. - Examples: Bitcoin, Ethereum (before transitioning to PoS). - Advantages: - Proven security and reliability. - Robust against attacks due to the high cost of controlling more than 50% of the network's computational power. - Disadvantages: - High energy consumption and environmental impact. - Scalability issues due to the time and resources required for mining. 2. Proof of Stake (PoS) - Definition: Proof of Stake is a consensus mechanism where validators are chosen to create new blocks and validate transactions based on the number of cryptocurrency tokens they hold and are willing to "stake" as collateral. - How It Works: - Staking: Validators lock up a certain amount of cryptocurrency as a stake. - Validation: Validators are randomly selected to create new blocks and validate transactions based on their stake. - Rewards: Validators receive transaction fees and, in some cases, additional cryptocurrency as rewards. - Characteristics: - Energy Efficiency: More energy-efficient than PoW as it does not require extensive computational power. - stakes. - Initial distribution of tokens can influence network control.

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