In the previous article, we wrote that we should expect an impulse for Bitcoin to $32,000, and now is a great time to accumulate long-term positions.

We believe that Bitcoin will remain sideways for the next 1-2 months before continuing its upward movement. The figure below shows a repeating pattern.

#practice

Hi all! In this post we will talk about such a threat as a 51% attack, and I will also tell you why US regulatory authorities may soon gain control of the Bitcoin network.

Before we move on to the horror stories, let’s remember how the blockchain works using Bitcoin as an example.

The main advantage is the decentralized operation of nodes that support stable and uninterrupted operation of the network. Such nodes are distributed all over the world, literally from Australia to the Irkutsk region. Nodes engage in mining and compete with each other to find a valid hash (block) in order to receive a reward in new bitcoins.

Hi all!

The market is preparing for a new upward impulse.

A couple of months ago, we recommended (https://t.me/block4block/326) to buy back the market when Bitcoin drops to $20,000 per coin. If you followed our advice, then your capital has grown by at least 25% of your initial investment.

#practice

Hi all!

Today we will talk about how the Zero Knowledge Proof (ZKP) consensus protocol works.

Vitalik Buterin has repeatedly stated that, in his opinion, this is the most promising technology that will allow crypto-payments to be integrated into everyday life.