Bitcoin Cash (BCH): Let's Understand With 5W1K Technique
Kim? Bitcoin Cash (BCH) is a cryptocurrency that emerged as a result of a hard fork from Bitcoin (BTC) in 2017. The team behind BCH consists of a group of developers who have expressed concerns about Bitcoin's transaction capacity and scalability. The team created BCH while maintaining Bitcoin's core technology, making some changes such as larger block sizes and faster transaction times. Is it? BCH is based on Bitcoin's core technology, but includes some significant changes.
Avalanche (AVAX): Let's Understand With 5W1K Technique
Kim: The founder of the Avalanche project is Emin Gün Sirer. Sirer is a professor of computer science at Cornell University and an expert on decentralized systems. The Avalanche team consists of experienced engineers, researchers and entrepreneurs. It is: Avalanche is a decentralized blockchain platform. The platform aims for fast and secure transaction processing. It supports smart contracts and can be used to create decentralized applications (dApps). Where:
Cardano (ADA): Let's Understand With 5W1K Technique
Who: Cardano is a blockchain platform founded in 2015 by Charles Hoskinson. What: Cardano uses a cryptocurrency called ADA and a consensus mechanism called Ouroboros Proof-of-Stake (PoS). Where: Cardano is a decentralized platform and can be used anywhere. When: Cardano was launched in 2017 and is still in development. Why: Cardano's goal is to create a scalable, secure and sustainable blockchain platform.
Shiba Inu (SHIB): Let's Understand With 5W1H Technique
What is it? Shiba Inu is a meme coin inspired by Dogecoin and created with a similar humorous dog theme. Like Dogecoin, Shiba Inu is an ERC-20 token based on the Ethereum blockchain rather than its own blockchain. It is traded under the symbol SHIB. Why Shiba Inu was created inspired by the success of Dogecoin. After Dogecoin's price rose significantly in 2021, investors turned to other meme coins that could experience a similarly rapid rise in value. Shiba Inu gained popularity thanks to this interest.
Toncoin (TON): Let's Understand With 5W1K Technique
Why? Toncoin is the native cryptocurrency of the TON Blockchain. TON Blockchain is a high-speed and scalable blockchain platform developed by Telegram. Toncoin is used to pay transaction fees, staking, and create and manage NFTs called TON Crystals on the network. Created by Who? Toncoin was created by Telegram founder Nikolai Durov and his team. Durov believes that TON Blockchain and Toncoin will help develop a decentralized internet and Web 3.0.
Dogecoin (DOGE): Let's Understand With 5W1K Technique
Who: Dogecoin is a cryptocurrency created in 2013 by Billy Markus and Jackson Palmer as a joke based on a "doge" meme popular on the Internet. What: Dogecoin is known as a "meme coin." This refers to a cryptocurrency that gained popularity through internet culture and humor, without relying on any concrete value or use cases. Where: Dogecoin, like other cryptocurrencies such as Bitcoin and Litecoin, uses a technology called blockchain. Dogecoin's blockchain uses a mining system called "proof-of-work" to verify transactions and generate new DOGE.
USD Coin (USDC): Let's Understand With 5W1K Technique
What is it? USD Coin (USDC) is a stablecoin based on the Ethereum blockchain. This means that each USDC corresponds to one US dollar. USDC is one of the most popular stablecoins, which are digital versions of fiat currencies. Why USDC was created for investors who want to avoid the price volatility of cryptocurrencies but still enjoy the benefits of digital assets. USDC can be used for fast and cheap cross-border payments, participation in decentralized finance (DeFi) applications, and trading on cryptocurrency exchanges.
Ripple (XRP): Let's Understand With 5W1K Technique
Nedir (What it is): XRP is the native cryptocurrency of the XRP Ledger (XRPL). XRPL is an open-source and public blockchain designed to enable faster and cheaper payments. What it's used for: XRP is used to facilitate international payments between banks and other financial institutions. XRP's fast transaction times and low transaction fees make it a more attractive option than traditional currencies. Who uses it:
Binance Coin (BNB): Let's Understand With 5W1K Technique
Kim?: It was created by Binance founder Changpeng Zhao (CZ) in 2017. The development of BNB is done by the Binance team. What?: Binance Coin (BNB) is the official cryptocurrency of the Binance cryptocurrency exchange. BNB qualifies as a utility token. While BNB was originally a token built on the Ethereum Blockchain (ERC-20), Binance has switched to its own blockchain, Binance Chain. BNB uses the BEP-2 standard.
Share Binance Square Links & Complete Tasks to Unlock Over $35,000 Worth of Rewards!
Binance Square is pleased to introduce a new “Share to Win” activity, where all verified Binance users can share Square content to unlock over $35,000 worth of rewards.
Activity Period: 2024-04-08 09:00 (UTC) to 2024-04-15 09:00 (UTC)
Activity 1: Share Binance Square Links With Your Referrals to Get Up to 5 USDT in Crypto Red Packet To participate in this Activity, verified Binance users may login to their Binance accounts and share any Binance Square link(s) with their friends during the Activity Period. Verified new referrals who sign up with Binance after opening the user’s Binance Square link(s), as well as verified existing referrals who are logged in to their Binance accounts, will unlock Crypto Red Packet(s) worth up to 0.5 USDT each for both themselves and their corresponding referrer upon clicking on the shared Binance Square link(s).
Please note that each referrer may claim a maximum of one Crypto Red Packet reward per referral via the Binance App during the Activity Period, and up to ten Crypto Red Packets (i.e., a maximum of 5 USDT in Crypto Red Packet) from this Activity.
Tip: Users may unlock Crypto Red Packets containing greater rewards by ensuring that their friends sign up with Binance after opening the Binance Square link(s) sent and complete account verification.
Activity 2: New Users Only - Sign Up With Binance & Complete Tasks to Earn Up to 5.5 USDT in Rewards In addition, new users who sign up with Binance via the activity page may click on the [Go] button on the page and complete any of the following task(s) during the Activity Period, to get up to 5.5 USDT in rewards. Rewards are limited, and will be distributed on a first-come, first-served basis.
1. Click into any ten unique Binance Square links while being logged in to your Binance accounts. 2. Complete a trade of at least $100 equivalent on Spot, Futures, Margin, Options or Convert. Terms & Conditions This activity may not be available in your region. The rewards for both Activities are distributed on a first come, first-served basis, with limited redemptions available.Users may qualify for rewards from both Activities where applicable. The rewards for both Activities are not mutually exclusive.There will be caps imposed on the amount of rewards available to eligible users per country/region.Users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order to qualify for any rewards from Activity 1 and/or Activity 2.Activity 1:Users may only receive a maximum of one Crypto Red Packet reward from each unique referral. Please note that users may redeem multiple Crypto Red Packet rewards from different unique referrals within the same day.Crypto Red Packets will be distributed to eligible users immediately upon meeting the necessary requirement(s). Users should redeem the Crypto Red Packets to their Funding Wallets via the Binance App before the Activity ends. Please note that all unclaimed Crypto Red Packets will be forfeited after the Activity ends. Activity 2:Only new users who register with Binance via this activity page will be eligible to participate in Activity 2. Rewards for Task 1 will be distributed in the form of Crypto Red Packets to eligible users immediately upon meeting the necessary requirement(s). Users should redeem the Crypto Red Packets to their Funding Wallets via the Binance App before the Activity ends. Please note that all unclaimed Crypto Red Packets will be forfeited after the Activity ends. Rewards for Task 2 will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Token vouchers will expire by 2024-05-15 09:00 (UTC). Learn how to redeem a voucher.Illegally bulk-registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Tether USDt (USDT): Let's Understand With 5W1K Technique
Who: A stablecoin developed by Tether Limited. What: A cryptocurrency pegged to the US dollar. Where: Available on various blockchains such as Ethereum, Tron, Algorand, EOS, Solana and Avalanche. When: First released in 2014. Why: Designed to provide a hedge against volatility in cryptocurrency markets. How: Each 1 USDT is backed by fiat currencies reserved by Tether Limited, equivalent to 1 US dollar.