Cripto Ch
@Square-Creator-chichiturbo
Yo Soy principiante dinámico con las ganas de adquirir conocimientos y habilidades para ejecutar el proceso, con la ayuda de Dios primero y la persona qué ayude
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mm
who to change the 2 cards
🤔
🛑🛑 NEW COMPANIONS IF you leave your id with a like 👍🏻in the comments box I will be helping you. I have finished my campaign👀👇🏻🛑🛑🤑🙏🏻
mmmm
Greetings, a question do you recommend I leave it there and close or should I keep it to see how far it goes?? This is my second trading, in the first I lost money and with what I have I have recovered almost everything
🎇
THE CRYPTO GOD:
remember, I am not teaching you to trade. I am teaching you to maximize your savings by taking advantage of volatility.
ENTERING AND EXITING CAN MAKE YOU LOSE THAT INITIAL VOLATILITY.
(and I didn't see a single post from someone who understands, this is crypto 😒.)
What you would earn by buying and selling, you earn with a percentage of savings.
and no...
Let me give you an example. I have 14 coins earned. If I sell at one dollar, do I gain 14 USDT? No! In total, I have 1861 and that number is the one that grows. (the price of each is volatile)
#GMT gives you approximately 39%. If it's annual, that's 1000, giving you 39 per month. YES, I KNOW IT'S EASY.
But remember why I chose them $GMT 😏
DO YOU DOUBT MY MORTAL? 🤣🤣
remember, I am not teaching you to trade. I am teaching you to maximize your savings by taking advantage of volatility.
ENTERING AND EXITING CAN MAKE YOU LOSE THAT INITIAL VOLATILITY.
(and I didn't see a single post from someone who understands, this is crypto 😒.)
What you would earn by buying and selling, you earn with a percentage of savings.
and no...
Let me give you an example. I have 14 coins earned. If I sell at one dollar, do I gain 14 USDT? No! In total, I have 1861 and that number is the one that grows. (the price of each is volatile)
#GMT gives you approximately 39%. If it's annual, that's 1000, giving you 39 per month. YES, I KNOW IT'S EASY.
But remember why I chose them $GMT 😏
DO YOU DOUBT MY MORTAL? 🤣🤣
#BitwiseBitcoinEFT $BNB
#BitwiseBitcoinEFT $BNB
BNB is a cryptocurrency that can be used both for trading and to pay fees on the Binance cryptocurrency exchange. Additionally, BNB is the cryptocurrency that powers the entire BNB Chain ecosystem. As one of the most popular utility tokens in the world, BNB can be used for a wide variety of uses and benefits.
It was launched through an Initial Coin Offering (ICO) held from June 26 to July 3, 2017, 11 days before the Binance exchange was enabled for trading. The issuance price was 1 ETH for 2,700 BNB or 1 BTC for 20,000 BNB. Although BNB was launched through an ICO, the token does not grant users rights to the profits generated by Binance, nor does it represent an investment in Binance.
With various applications both within the BNB Chain ecosystem and outside of it, BNB serves multiple purposes. Although it was originally launched as an ERC-20 token on the Ethereum blockchain, BNB has now migrated to the BNB Chain mainnet. Furthermore, although the initial total supply was set at 200 million coins, this has gradually decreased due to frequent coin burns. The price of BNB is updated and available in real-time on Binance.
BNB is a cryptocurrency that can be used both for trading and to pay fees on the Binance cryptocurrency exchange. Additionally, BNB is the cryptocurrency that powers the entire BNB Chain ecosystem. As one of the most popular utility tokens in the world, BNB can be used for a wide variety of uses and benefits.
It was launched through an Initial Coin Offering (ICO) held from June 26 to July 3, 2017, 11 days before the Binance exchange was enabled for trading. The issuance price was 1 ETH for 2,700 BNB or 1 BTC for 20,000 BNB. Although BNB was launched through an ICO, the token does not grant users rights to the profits generated by Binance, nor does it represent an investment in Binance.
With various applications both within the BNB Chain ecosystem and outside of it, BNB serves multiple purposes. Although it was originally launched as an ERC-20 token on the Ethereum blockchain, BNB has now migrated to the BNB Chain mainnet. Furthermore, although the initial total supply was set at 200 million coins, this has gradually decreased due to frequent coin burns. The price of BNB is updated and available in real-time on Binance.
g
#BitwiseBitcoinEFT $BNB
BNB is a cryptocurrency that can be used both for trading and to pay fees on the Binance cryptocurrency exchange. Additionally, BNB is the cryptocurrency that powers the entire BNB Chain ecosystem. As one of the most popular utility tokens in the world, BNB can be used for a wide variety of uses and benefits.
It was launched through an Initial Coin Offering (ICO) held from June 26 to July 3, 2017, 11 days before the Binance exchange was enabled for trading. The issuance price was 1 ETH for 2,700 BNB or 1 BTC for 20,000 BNB. Although BNB was launched through an ICO, the token does not grant users rights to the profits generated by Binance, nor does it represent an investment in Binance.
With various applications both within the BNB Chain ecosystem and outside of it, BNB serves multiple purposes. Although it was originally launched as an ERC-20 token on the Ethereum blockchain, BNB has now migrated to the BNB Chain mainnet. Furthermore, although the initial total supply was set at 200 million coins, this has gradually decreased due to frequent coin burns. The price of BNB is updated and available in real-time on Binance.
BNB is a cryptocurrency that can be used both for trading and to pay fees on the Binance cryptocurrency exchange. Additionally, BNB is the cryptocurrency that powers the entire BNB Chain ecosystem. As one of the most popular utility tokens in the world, BNB can be used for a wide variety of uses and benefits.
It was launched through an Initial Coin Offering (ICO) held from June 26 to July 3, 2017, 11 days before the Binance exchange was enabled for trading. The issuance price was 1 ETH for 2,700 BNB or 1 BTC for 20,000 BNB. Although BNB was launched through an ICO, the token does not grant users rights to the profits generated by Binance, nor does it represent an investment in Binance.
With various applications both within the BNB Chain ecosystem and outside of it, BNB serves multiple purposes. Although it was originally launched as an ERC-20 token on the Ethereum blockchain, BNB has now migrated to the BNB Chain mainnet. Furthermore, although the initial total supply was set at 200 million coins, this has gradually decreased due to frequent coin burns. The price of BNB is updated and available in real-time on Binance.
See original
#BitwiseBitcoinEFT $BNB
BNB is a cryptocurrency that can be used both for trading and to pay fees on the Binance cryptocurrency exchange. Additionally, BNB is the cryptocurrency that powers the entire BNB Chain ecosystem. As one of the most popular utility tokens in the world, BNB can be used for a wide variety of uses and benefits.
It was launched through an Initial Coin Offering (ICO) held from June 26 to July 3, 2017, 11 days before the Binance exchange was enabled for trading. The issuance price was 1 ETH for 2,700 BNB or 1 BTC for 20,000 BNB. Although BNB was launched through an ICO, the token does not grant users rights to the profits generated by Binance, nor does it represent an investment in Binance.
With various applications both within the BNB Chain ecosystem and outside of it, BNB serves multiple purposes. Although it was originally launched as an ERC-20 token on the Ethereum blockchain, BNB has now migrated to the BNB Chain mainnet. Furthermore, although the initial total supply was set at 200 million coins, this has gradually decreased due to frequent coin burns. The price of BNB is updated and available in real-time on Binance.
BNB is a cryptocurrency that can be used both for trading and to pay fees on the Binance cryptocurrency exchange. Additionally, BNB is the cryptocurrency that powers the entire BNB Chain ecosystem. As one of the most popular utility tokens in the world, BNB can be used for a wide variety of uses and benefits.
It was launched through an Initial Coin Offering (ICO) held from June 26 to July 3, 2017, 11 days before the Binance exchange was enabled for trading. The issuance price was 1 ETH for 2,700 BNB or 1 BTC for 20,000 BNB. Although BNB was launched through an ICO, the token does not grant users rights to the profits generated by Binance, nor does it represent an investment in Binance.
With various applications both within the BNB Chain ecosystem and outside of it, BNB serves multiple purposes. Although it was originally launched as an ERC-20 token on the Ethereum blockchain, BNB has now migrated to the BNB Chain mainnet. Furthermore, although the initial total supply was set at 200 million coins, this has gradually decreased due to frequent coin burns. The price of BNB is updated and available in real-time on Binance.
😊
$VIB $PHA $BTC
I am not a trader, I am not an analyst, I am simply a guy who is learning.
I will tell you a little story, I have been researching, testing, winning and losing money, understanding the world of trading, of cryptocurrencies, this month I started with a loss of more than 16 USD, for some it’s little, for others like me it’s a lot, thinking of ways to recover my investment, I found that the market is not about being loyal to just one crypto, of course, there are holders, but there are also many types of investors and this is a world of seizing opportunities, with the fall of Bitcoin among many other cryptocurrencies that are pillars and of worldwide recognition, like SOL, BNB, among many others, those of us who bought at historic prices, our smiles faded when they had significant drops, that even I, an anxious guy, withdrew with significant losses. Amid all this and with these losses, I paid attention and analyzed more than one crypto hoping to be able to recover my investment with one of them.
That’s how I started to find coins with large changes in 24H that were going to be fundamental in this process, coins with a small price that varied in a day between 1 and 4 cents, they were my focus from that moment on, my idea, buy cheap, sell higher, with small profits, without holding on and above all without greed.
I had to keep several things in mind, when the message dropped, how much it dropped and if it was worth it to enter at a certain point, to my surprise, every time I got it right, with these small price variations and with more than one coin, I recovered and even generated some dollars in profits, I know this is just the beginning.
But if you are reading this, do not despair, persevere and keep your goal in mind, you are capable and nothing is ever lost, great defeats teach you to value your small victories and little by little build the person you want to be. Enter without fear, make an effort and above all analyze the chart a little, you don’t have to be an expert.<3
I am not a trader, I am not an analyst, I am simply a guy who is learning.
I will tell you a little story, I have been researching, testing, winning and losing money, understanding the world of trading, of cryptocurrencies, this month I started with a loss of more than 16 USD, for some it’s little, for others like me it’s a lot, thinking of ways to recover my investment, I found that the market is not about being loyal to just one crypto, of course, there are holders, but there are also many types of investors and this is a world of seizing opportunities, with the fall of Bitcoin among many other cryptocurrencies that are pillars and of worldwide recognition, like SOL, BNB, among many others, those of us who bought at historic prices, our smiles faded when they had significant drops, that even I, an anxious guy, withdrew with significant losses. Amid all this and with these losses, I paid attention and analyzed more than one crypto hoping to be able to recover my investment with one of them.
That’s how I started to find coins with large changes in 24H that were going to be fundamental in this process, coins with a small price that varied in a day between 1 and 4 cents, they were my focus from that moment on, my idea, buy cheap, sell higher, with small profits, without holding on and above all without greed.
I had to keep several things in mind, when the message dropped, how much it dropped and if it was worth it to enter at a certain point, to my surprise, every time I got it right, with these small price variations and with more than one coin, I recovered and even generated some dollars in profits, I know this is just the beginning.
But if you are reading this, do not despair, persevere and keep your goal in mind, you are capable and nothing is ever lost, great defeats teach you to value your small victories and little by little build the person you want to be. Enter without fear, make an effort and above all analyze the chart a little, you don’t have to be an expert.<3
bn
Get excited, ReworkMaster followers! I am excited to announce that ReworkMaster will once again purchase Bitcoin and BNB to expand its reserves in our private institution. This decision reflects our commitment to strengthening and growing our institution to provide more opportunities and benefits to our community.
The acquisition of Bitcoin and BNB will allow us to diversify our reserves and be prepared to seize opportunities in the cryptocurrency market. We are committed to continuing to grow and improve to offer quality service and investment opportunities for all our followers and students.#BtcNewHolder #BitcoinETFs #Bitcoinhaving #BNB金铲子挖矿 #BNBLUNCPOOL
The acquisition of Bitcoin and BNB will allow us to diversify our reserves and be prepared to seize opportunities in the cryptocurrency market. We are committed to continuing to grow and improve to offer quality service and investment opportunities for all our followers and students.#BtcNewHolder #BitcoinETFs #Bitcoinhaving #BNB金铲子挖矿 #BNBLUNCPOOL
mmm
I have 48 spots, I return quickly, comment ID
437114112
437114112
ok
does anyone know when these rewards are released?, or when do they arrive in your account?
See original
thank you
Coinaute
--
This is the biggest crypto scam in history.
Investors lost $40 billion in just one day.
Here’s the untold story of what happened
We put a lot of research and work FOR FREE into this thread before reading it.
🚨 Very Important : 🚨 Please follow @Coinaute and ❤️ Like + Comment and ➡️ Share this post 🙏 #MarketDownturn #Binance
---
1 / The Terra (LUNA) collapse stands as one of the biggest disasters in crypto history. Once a top project with billions in market value, Terra's downfall sent shockwaves across the industry, wiping out fortunes and shattering trust.
In this thread, I’ll break down how Terra’s ambitious algorithmic stablecoin model failed, the events that led to its collapse, and the critical lessons every crypto investor should learn from this fiasco.
Let’s dive into the story of Terra (LUNA) and its dramatic fall
---
2 / Terra was a blockchain project that aimed to revolutionize payments with its algorithmic stablecoin, UST.
Unlike traditional stablecoins backed by reserves like USDT or USDC, UST was designed to maintain its $1 peg through a complex relationship with Terra’s native token, LUNA.
---
3 / The idea was simple: users could always exchange 1 UST for $1 worth of LUNA, and vice versa, with LUNA being burned to mint UST and stabilize its price.
But as we would soon see, the algorithmic model had critical vulnerabilities: when stress hit the system, the very mechanism meant to stabilize UST would turn into a death spiral.
---
4 / In May 2022, UST began to lose its $1 peg after significant withdrawals from Anchor, a DeFi platform that was crucial to Terra’s ecosystem.
Anchor offered a high annual yield of nearly 20% on UST deposits, attracting a huge portion of UST—over 70% of the total supply.
---
5 / When concerns about sustainability arose, users rushed to withdraw their funds, creating sudden selling pressure on UST.
As UST's value dipped below $1, the mechanism to restore the peg involved minting more LUNA, but this only flooded the market and crashed LUNA’s price.
---
6 / The crisis accelerated rapidly. UST lost its $1 peg entirely, dropping to as low as $0.10.
Meanwhile, LUNA's supply soared from around 350 million tokens to over 6.5 trillion in a desperate attempt to restore UST's value. This caused LUNA’s price to plummet from over $80 to nearly $0.0001 within days.
Major exchanges began delisting LUNA and UST due to their extreme volatility, and Terra’s market cap, which had been around $40 billion, evaporated almost overnight.
---
7 / As the Terra collapse unfolded, all eyes turned to Do Kwon, the project’s outspoken founder. Known for his confidence and bold claims, Do Kwon had been a vocal advocate for Terra’s success, often dismissing critics.
But as UST and LUNA crashed, his tone shifted from defiance to damage control.
The team scrambled to restore UST’s peg, implementing emergency measures like minting trillions of LUNA and using billions in Bitcoin reserves to try and stabilize the situation. However, these efforts were too little, too late, and the downward spiral continued.
---
8 / Do Kwon announced plans for a "recovery" by proposing to fork the Terra blockchain and launch a new LUNA token, but confidence in the project had already been shattered.
The community was divided, and many investors felt betrayed. Lawsuits and investigations into Terra’s collapse soon followed, with Do Kwon facing growing legal scrutiny and calls for accountability.
---
9 / Controversy grew as it emerged that, despite his earlier denial on Twitter, Do Kwon did control the burning wallet and had access to the keys.
His involvement in managing LUNA’s supply played a crucial role in the ecosystem's collapse.
---
10 / The Terra collapse caught regulators' attention worldwide, sparking concerns about investor protection and leading to calls for stricter crypto regulations.
Authorities began scrutinizing algorithmic stablecoins and DeFi projects, with some countries launching investigations into Terra for potential fraud and market manipulation.
Lawsuits against Terra, Do Kwon, and others quickly followed. South Korean prosecutors issued an arrest warrant for Do Kwon, making him a key figure in the legal fallout.
---
11 / After months on the run and facing multiple legal challenges, Do Kwon was finally detained in March 2023.
Authorities caught up with him in Montenegro, where he was found using a forged passport. His detention marked a significant turn in the fallout from the Terra collapse, as international authorities, including South Korea and the United States, had been actively pursuing him for his role in the disaster.
The arrest intensified the scrutiny on Kwon, with legal proceedings focusing on allegations of fraud, market manipulation, and misleading investors.
---
12 / The Terra collapse exposed the risks of algorithmic stablecoins and high-yield DeFi projects. It showed how quickly things can fall apart when stability is uncertain.
The key takeaway: always understand the risks before investing in crypto.
In such a volatile space, even major projects can collapse. Be cautious, never invest more than you can afford to lose, and always do your research.
We put a lot of research and work FOR FREE into this thread before reading it.
🚨 Very Important : 🚨 Please follow @Coinaute and ❤️ Like + Comment and ➡️ Share this post 🙏 #MarketDownturn #Binance
---
Here’s the untold story of what happened
We put a lot of research and work FOR FREE into this thread before reading it.
🚨 Very Important : 🚨 Please follow @Coinaute and ❤️ Like + Comment and ➡️ Share this post 🙏 #MarketDownturn #Binance
---
1 / The Terra (LUNA) collapse stands as one of the biggest disasters in crypto history. Once a top project with billions in market value, Terra's downfall sent shockwaves across the industry, wiping out fortunes and shattering trust.
In this thread, I’ll break down how Terra’s ambitious algorithmic stablecoin model failed, the events that led to its collapse, and the critical lessons every crypto investor should learn from this fiasco.
Let’s dive into the story of Terra (LUNA) and its dramatic fall
---
2 / Terra was a blockchain project that aimed to revolutionize payments with its algorithmic stablecoin, UST.
Unlike traditional stablecoins backed by reserves like USDT or USDC, UST was designed to maintain its $1 peg through a complex relationship with Terra’s native token, LUNA.
---
3 / The idea was simple: users could always exchange 1 UST for $1 worth of LUNA, and vice versa, with LUNA being burned to mint UST and stabilize its price.
But as we would soon see, the algorithmic model had critical vulnerabilities: when stress hit the system, the very mechanism meant to stabilize UST would turn into a death spiral.
---
4 / In May 2022, UST began to lose its $1 peg after significant withdrawals from Anchor, a DeFi platform that was crucial to Terra’s ecosystem.
Anchor offered a high annual yield of nearly 20% on UST deposits, attracting a huge portion of UST—over 70% of the total supply.
---
5 / When concerns about sustainability arose, users rushed to withdraw their funds, creating sudden selling pressure on UST.
As UST's value dipped below $1, the mechanism to restore the peg involved minting more LUNA, but this only flooded the market and crashed LUNA’s price.
---
6 / The crisis accelerated rapidly. UST lost its $1 peg entirely, dropping to as low as $0.10.
Meanwhile, LUNA's supply soared from around 350 million tokens to over 6.5 trillion in a desperate attempt to restore UST's value. This caused LUNA’s price to plummet from over $80 to nearly $0.0001 within days.
Major exchanges began delisting LUNA and UST due to their extreme volatility, and Terra’s market cap, which had been around $40 billion, evaporated almost overnight.
---
7 / As the Terra collapse unfolded, all eyes turned to Do Kwon, the project’s outspoken founder. Known for his confidence and bold claims, Do Kwon had been a vocal advocate for Terra’s success, often dismissing critics.
But as UST and LUNA crashed, his tone shifted from defiance to damage control.
The team scrambled to restore UST’s peg, implementing emergency measures like minting trillions of LUNA and using billions in Bitcoin reserves to try and stabilize the situation. However, these efforts were too little, too late, and the downward spiral continued.
---
8 / Do Kwon announced plans for a "recovery" by proposing to fork the Terra blockchain and launch a new LUNA token, but confidence in the project had already been shattered.
The community was divided, and many investors felt betrayed. Lawsuits and investigations into Terra’s collapse soon followed, with Do Kwon facing growing legal scrutiny and calls for accountability.
---
9 / Controversy grew as it emerged that, despite his earlier denial on Twitter, Do Kwon did control the burning wallet and had access to the keys.
His involvement in managing LUNA’s supply played a crucial role in the ecosystem's collapse.
---
10 / The Terra collapse caught regulators' attention worldwide, sparking concerns about investor protection and leading to calls for stricter crypto regulations.
Authorities began scrutinizing algorithmic stablecoins and DeFi projects, with some countries launching investigations into Terra for potential fraud and market manipulation.
Lawsuits against Terra, Do Kwon, and others quickly followed. South Korean prosecutors issued an arrest warrant for Do Kwon, making him a key figure in the legal fallout.
---
11 / After months on the run and facing multiple legal challenges, Do Kwon was finally detained in March 2023.
Authorities caught up with him in Montenegro, where he was found using a forged passport. His detention marked a significant turn in the fallout from the Terra collapse, as international authorities, including South Korea and the United States, had been actively pursuing him for his role in the disaster.
The arrest intensified the scrutiny on Kwon, with legal proceedings focusing on allegations of fraud, market manipulation, and misleading investors.
---
12 / The Terra collapse exposed the risks of algorithmic stablecoins and high-yield DeFi projects. It showed how quickly things can fall apart when stability is uncertain.
The key takeaway: always understand the risks before investing in crypto.
In such a volatile space, even major projects can collapse. Be cautious, never invest more than you can afford to lose, and always do your research.
We put a lot of research and work FOR FREE into this thread before reading it.
🚨 Very Important : 🚨 Please follow @Coinaute and ❤️ Like + Comment and ➡️ Share this post 🙏 #MarketDownturn #Binance
---
bn
“Many say that on December 30, $USDT could go to $0.
Do you really believe that if this were to happen, we would have the privilege of knowing it in advance to act in time?
Most likely not. If USDT collapses someday, it will happen when we least expect it, without clear signs or prior warnings.
Of course, this is just a hypothesis. No one really knows if it will happen or when it could occur.
The important thing to remember is that in the crypto market, the best strategy is not to guess the future, but to be prepared for any scenario. Risk management always comes first!”
What do you think about this topic?
$USDC
Do you really believe that if this were to happen, we would have the privilege of knowing it in advance to act in time?
Most likely not. If USDT collapses someday, it will happen when we least expect it, without clear signs or prior warnings.
Of course, this is just a hypothesis. No one really knows if it will happen or when it could occur.
The important thing to remember is that in the crypto market, the best strategy is not to guess the future, but to be prepared for any scenario. Risk management always comes first!”
What do you think about this topic?
$USDC
See original
thank you
look what I found in Margen's wallet where the gift 🎁 is located on the top right side
bn
$BNB
binance is presenting a great bullish forum, I think it could reach 720 by the end of the year. I have invested some USD in this currency and I put them in ERT. I hope to make some profits.
binance is presenting a great bullish forum, I think it could reach 720 by the end of the year. I have invested some USD in this currency and I put them in ERT. I hope to make some profits.
ok
be attentive this December 30, the MiCa law comes into effect and will be the trigger for bitcoin to break the range of 92 thousand USDT downwards; and those who have USDT should exchange it for USDC; stay alert
See original
thank you
BE CAREFUL ⚠️ WITH THESE CLOWNS !!!
this character is shouting scam within this platform ...
what scam are they referring to ???
why don’t they provide verified information when using the word scam ?
why do they refer to popular cryptos that have been around on many platforms ?
could it be that the scam is THEM ????
let me explain !!!
these types of publications only seek for people to write responses and give likes.
surely that CHARACTER is not a novice, but RATHER a sensationalist to attract an audience.
I have always told you in my posts to believe in yourselves and be the engineers of your own happiness, don’t believe in GURUS.
The main problem is that these characters confuse novices.
this character is shouting scam within this platform ...
what scam are they referring to ???
why don’t they provide verified information when using the word scam ?
why do they refer to popular cryptos that have been around on many platforms ?
could it be that the scam is THEM ????
let me explain !!!
these types of publications only seek for people to write responses and give likes.
surely that CHARACTER is not a novice, but RATHER a sensationalist to attract an audience.
I have always told you in my posts to believe in yourselves and be the engineers of your own happiness, don’t believe in GURUS.
The main problem is that these characters confuse novices.
See original
#Crypto2025Trends
word of the day on binance
$BTC
Bitcoin (BTC) is a peer-to-peer cryptocurrency that operates as a medium of exchange independent of central authorities. It can be transferred electronically in a secure manner and is verifiable and immutable.
BTC was launched in 2009 and is the first virtual currency to solve the double-spending problem by timestamping transactions before broadcasting them to all nodes in the Bitcoin network. The Bitcoin protocol offered a solution to the Byzantine generals problem with a blockchain network structure, a notion first created by Stuart Haber and W. Scott Stornetta in 1991.
The Bitcoin whitepaper was published in 2008 by an individual, or a group of people, under the pseudonym "Satoshi Nakamoto", whose identity remains unknown.
The protocol uses the Proof-of-Work (PoW) algorithm based on SHA-256d to achieve consensus within the network. The network has a target block time of 10 minutes and a maximum supply of 21 million tokens, with a decreasing token issuance rate. To prevent fluctuations in block time, the difficulty of the network's blocks is readjusted using an algorithm based on the times of the last 2016 blocks.
With a block size limit of 1 megabyte, the Bitcoin Protocol supported both Lightning Network, a Layer 2 infrastructure for payment channels, and Segregated Witness, a soft fork designed to increase the number of transactions in a block, as solutions for the scalability of the network.
word of the day on binance
$BTC
Bitcoin (BTC) is a peer-to-peer cryptocurrency that operates as a medium of exchange independent of central authorities. It can be transferred electronically in a secure manner and is verifiable and immutable.
BTC was launched in 2009 and is the first virtual currency to solve the double-spending problem by timestamping transactions before broadcasting them to all nodes in the Bitcoin network. The Bitcoin protocol offered a solution to the Byzantine generals problem with a blockchain network structure, a notion first created by Stuart Haber and W. Scott Stornetta in 1991.
The Bitcoin whitepaper was published in 2008 by an individual, or a group of people, under the pseudonym "Satoshi Nakamoto", whose identity remains unknown.
The protocol uses the Proof-of-Work (PoW) algorithm based on SHA-256d to achieve consensus within the network. The network has a target block time of 10 minutes and a maximum supply of 21 million tokens, with a decreasing token issuance rate. To prevent fluctuations in block time, the difficulty of the network's blocks is readjusted using an algorithm based on the times of the last 2016 blocks.
With a block size limit of 1 megabyte, the Bitcoin Protocol supported both Lightning Network, a Layer 2 infrastructure for payment channels, and Segregated Witness, a soft fork designed to increase the number of transactions in a block, as solutions for the scalability of the network.