💰 #Dogecoin I already have a Macro Chart for #DOGE and I

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#BTC Stuck under resistance The bulls couldn't immediately absorb the sellers at the $70000-72000 levels, and their time is running out. I think we'll see another attempt to beat the bears in the next few days 📈⁉️ If they fail, we'll likely head into a correction ⚠️ $BTC #DYOR

📊NEUTRAL: #IMXUSDT | (1D) Current Price $2.49 Market Cap $3.69B Change 1h -0.03% | 24h +4.72% RSI: 57 - Neutral 🟠 As we analyze the IMX chart, we note its potential to surpass the crucial red resistance level and sustain above it. This may lead to a surge in price, indicating the start of a new bullish trend. Keep an eye on it as it could attract the interest of investors and analysts. $IMX #DYOR

In the daily time frame, a bullish harmonic pattern formed in the #XRP price chart and the price has broken the dynamic resistance and tested it again in 4hTF, so the failure confirmed. The price is expected to start growing from this area. The first target is $0.6400.🚀 The support level is $0.4900-0.4700. $XRP #dyor

#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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