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YOUNGER 😌

M Abdul Hannan

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#ReboundRally Weaknesses of blockchain technology Blockchain technology follows the principle of "code is law", creating a trustless system that provides security and trust by automating processes through code and eliminating the need for third-party intermediaries; however, the security of this system is entirely dependent on the integrity of the input data, and if there are problems with the input data, even a perfectly designed smart contract can go awry, leading to unpredictable operation of the entire system, and thus potential risks. To address this challenge, the blockchain industry has introduced predicators, which are distributed data providers. however, predicators typically operate outside the blockchain, limiting their ability to maintain the security and integrity of the blockchain. in addition, the use of external data sources introduces the risk of a single point of failure, and certain predicators lack decentralization due to their dependence on a small number of nodes. as a result, the reliability of the data has become a weakness of the blockchain technology. $BTC

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#MarketRebound Market đá thoát khỏi áp lực giảm, thị trường trăng tối - trăng sáng khó xác định. Tin cũng đã ra hết rồi. Nên đánh Long hay short ta 😌 $BTC

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#MarketRebound Google's quantum computing breakthrough Google's new quantum computing chip 'Willow' is capable of completing a complex computational challenge in less than five minutes. according to Google, the same task would take the world's fastest supercomputer 10 to the 27th power of a year. that's 700 trillion times the age of the universe. So why has quantum computing not yet been widely adopted?The answer has to do with the scale-up of quantum computers. Unlike using bits that represent 1 or 0, quantum computing uses quantum bits (qubits). quantum bits can be in more than one state at the same time, such as 1, 0, and in-between (remember: yes, no, maybe). quantum bits are error-prone because they tend to exchange information with their environment very quickly. in general, the more qubits that are used, the greater the chance that an error will occur. breaking the encryption that we use in online banking would require a system with millions of quantum bits. Currently, quantum computers have a computational error rate of one in a thousand, far short of the long-term operational error rate of one in a trillion required for many practical applications, such as cracking bank accounts. Google claims that its researchers have found a way to reverse this relationship, with errors dropping exponentially as they introduce more quantum bits into the system.Their findings have been published in the journal Nature. The findings don't tell us exactly when quantum computing is expected to arrive, but it means it's getting closer. and we can be sure that it's coming. So, what can we do? $BTC

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#ChristmasMarketAnalysis Is the crypto market pullback over as Christmas descends? The Federal Reserve announced a rate cut last week and lowered the likelihood of continued interest rate cuts, resulting in a global market crash, bitcoin in just a few days from 108,000 all-time highs, once fell to 90,000 U.S. dollars near the cottage coins is a bloodbath, and some of the tokens have lost all the gains made during the bull market. Matt Hougan, Chief Investment Officer of Bitwise Asset Management, attributed the recent pullback in the crypto market to a "natural clearing of leverage" and emphasized that "the long-term drivers are still intact, and we remain in a strong bull market."The pullback caused a massive blowout, reducing market leverage, and with Christmas coming up this week, global markets may be in a "Christmas market", which refers to the last five trading days of the year and the first two trading days of the new year.Historically, U.S. stock markets move positively during these seven days. Bitcoin is currently heavily influenced by U.S. equities and gold, and if the stock market is doing well, it could lead to a high sentiment in the crypto markets.Bitcoin has a lot to gain in this market, but the market is still in the red. Historically, Bitcoin has typically risen sharply during and after the Christmas season in "halved years," such as 2016 and 2020, which increases the expectation that Bitcoin will rise sharply in the near term. $BTC

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#ChristmasMarketAnalysis History doesn't repeat itself, but it does rhyme.Christmas is coming, and New Year 2025 is approaching.With the buffs of Christmas, New Year, Trump's inauguration, and Bitcoin's halving year ......, Bitcoin may be expected to end its correction and get back on an upward trajectory again. $BTC

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