BLOKCHAIN
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How blockchain technology works: everything you need to know in simple terms
What is blockchain technology?
So what is blockchain technology in simple terms? Blockchain is generally defined as an advanced database technology. All stored data is public and easily verifiable. All blocks are linked to each other. Provide access to your trusted business partners, and they will receive the same transaction information in chronological order. Access to the chain is prohibited for unauthorized users. It is an immutable database for many purposes.
So what is blockchain technology in simple terms? Blockchain is generally defined as an advanced database technology. All stored data is public and easily verifiable. All blocks are linked to each other. Provide access to your trusted business partners, and they will receive the same transaction information in chronological order. Access to the chain is prohibited for unauthorized users. It is an immutable database for many purposes.
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# ** Elon Musk Suggests Government Agencies Start Using Blockchain **
Elon Musk suggested the use of blockchain for transactions in government institutions, especially the United States Department of the Treasury. This is because the agency needs technology that is easily accessible and transparent.
"Career Treasury officials break the law every hour, every day by approving payments that are unauthorized or inconsistent with funding laws passed by Congress. This must stop now!" said Musk.
Influencer X Mario Nawfal also asked Musk's opinion regarding the use of blockchain in the institution. In response, Musk answered that he agreed with the idea.
Not only that, the CEO of X also believes that the adoption of blockchain can increase public oversight of the movement of money managed by the government. This can reduce the risk of manipulation or inefficiency.
#blokchain
#crypto
Elon Musk suggested the use of blockchain for transactions in government institutions, especially the United States Department of the Treasury. This is because the agency needs technology that is easily accessible and transparent.
"Career Treasury officials break the law every hour, every day by approving payments that are unauthorized or inconsistent with funding laws passed by Congress. This must stop now!" said Musk.
Influencer X Mario Nawfal also asked Musk's opinion regarding the use of blockchain in the institution. In response, Musk answered that he agreed with the idea.
Not only that, the CEO of X also believes that the adoption of blockchain can increase public oversight of the movement of money managed by the government. This can reduce the risk of manipulation or inefficiency.
#blokchain
#crypto
Injective latest partner Mercuryo just partnered with #Mastercard
Easy fiat on-ramp rails with Mercuryo to #Injective.
Mercuryo brings a euro-denominated crypto debit card that allows to spend from self-custodial wallets at over 100 million merchants.
#injective #blokchain $INJ
Easy fiat on-ramp rails with Mercuryo to #Injective.
Mercuryo brings a euro-denominated crypto debit card that allows to spend from self-custodial wallets at over 100 million merchants.
#injective #blokchain $INJ
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#blockchain Elon Musk predicts revolutionary innovations in artificial intelligence and an upcoming impact on Bitcoin (BTC) and Ethereum (ETH)The value of #Bitcoin, the market-leading cryptocurrency, has risen noticeably in the last month.
This increase is due to several factors, such as increased institutional investment, favorable regulatory news, and increasing acceptance. Financial experts suggest that Bitcoin's recent performance could usher in a new era of growth in the world of cryptocurrencies.
A key factor in the rise of#Bitcoinhas been the influx of institutional investments. Large financial institutions, hedge funds and asset management firms are increasing their exposure to Bitcoin, seeing it as a hedge against inflation and a valuable addition to their portfolios. A report from Crypto Insights highlights that institutional investors now own a sizable portion of the total Bitcoin supply, which has helped stabilize the market and drive prices higher.
On the other hand, Ethereum, the second largest cryptocurrency by market capitalization, is also in focus with its continuous network upgrades. The Ethereum 2.0 update aims to improve the scalability, security and energy efficiency of the network.
These improvements will attract more developers and users to the platform, cementing Ethereum's position as the leading blockchain network. Decentralized finance (#DeFi) has been a key driver for #ETH. .
DeFi platforms, which offer financial services without intermediaries, have gained enormous popularity. The total value locked in DeFi protocols has reached new records, and Ethereum remains the primary blockchain for these applications. As DeFi expands, the Ethereum network will see increased usage and demand.
The future of cryptocurrencies and AI is here! 🚀 $ETH #CryptoWatchMay2024 #Innovación #blokchain #devcrypto
This increase is due to several factors, such as increased institutional investment, favorable regulatory news, and increasing acceptance. Financial experts suggest that Bitcoin's recent performance could usher in a new era of growth in the world of cryptocurrencies.
A key factor in the rise of#Bitcoinhas been the influx of institutional investments. Large financial institutions, hedge funds and asset management firms are increasing their exposure to Bitcoin, seeing it as a hedge against inflation and a valuable addition to their portfolios. A report from Crypto Insights highlights that institutional investors now own a sizable portion of the total Bitcoin supply, which has helped stabilize the market and drive prices higher.
On the other hand, Ethereum, the second largest cryptocurrency by market capitalization, is also in focus with its continuous network upgrades. The Ethereum 2.0 update aims to improve the scalability, security and energy efficiency of the network.
These improvements will attract more developers and users to the platform, cementing Ethereum's position as the leading blockchain network. Decentralized finance (#DeFi) has been a key driver for #ETH. .
DeFi platforms, which offer financial services without intermediaries, have gained enormous popularity. The total value locked in DeFi protocols has reached new records, and Ethereum remains the primary blockchain for these applications. As DeFi expands, the Ethereum network will see increased usage and demand.
The future of cryptocurrencies and AI is here! 🚀 $ETH #CryptoWatchMay2024 #Innovación #blokchain #devcrypto
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I would like to share with new Binance users and those new to cryptocurrencies this brief summary of what the
Block chain to become more familiar with this world of stock investments.
Blockchain is a distributed ledger technology that ensures the security and transparency of transactions using cryptography. It works as a digital ledger, where each block of data is linked and secured, allowing decentralized operations without intermediaries.
I hope it helps you
#blokchain #btc
Block chain to become more familiar with this world of stock investments.
Blockchain is a distributed ledger technology that ensures the security and transparency of transactions using cryptography. It works as a digital ledger, where each block of data is linked and secured, allowing decentralized operations without intermediaries.
I hope it helps you
#blokchain #btc
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Junk Coins
This project was developed by the company "Hidrogel Indonesia Group" with a vision and mission as a Green Economy. Payment via trash coins connected to a blockchain network to track waste from upstream to downstream. Efforts to recycle waste and ensure that the waste originates until it ends up in processing.
This technology has a chip card. For blockchain IDs, every transaction is actually in the form of trash coins. smart chains for a zero plastic country
#koinsampah #blokchain #IndonesiaCrypto
This project was developed by the company "Hidrogel Indonesia Group" with a vision and mission as a Green Economy. Payment via trash coins connected to a blockchain network to track waste from upstream to downstream. Efforts to recycle waste and ensure that the waste originates until it ends up in processing.
This technology has a chip card. For blockchain IDs, every transaction is actually in the form of trash coins. smart chains for a zero plastic country
#koinsampah #blokchain #IndonesiaCrypto
TON has entered the top 10 blockchains in terms of TVL 💎
Since the beginning of the year, the TVL of the TON network has grown by 5,200%, from $13.5 million to $718 million.
Ranking the top networks by TVL:
1) $ETH
2) $TRX
3) $SOL
4) $BNB
5) $ARB
6) #BASE
7) $BLAST
8) $MATIC
9) $AVAX
10) $TON
#tonecoin #ETHETFsApproved #ETH🔥🔥🔥🔥 #blokchain #CryptoNews🚀🔥
Since the beginning of the year, the TVL of the TON network has grown by 5,200%, from $13.5 million to $718 million.
Ranking the top networks by TVL:
1) $ETH
2) $TRX
3) $SOL
4) $BNB
5) $ARB
6) #BASE
7) $BLAST
8) $MATIC
9) $AVAX
10) $TON
#tonecoin #ETHETFsApproved #ETH🔥🔥🔥🔥 #blokchain #CryptoNews🚀🔥
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What would happen to Bitcoin if we lost Internet access tomorrow?
Imagine a world in absolute chaos. Satellites fall from the sky, cities plunge into darkness, and global communication comes to an abrupt halt. In this apocalyptic scenario, Internet access disappears globally, triggering a series of events that deeply affect Bitcoin and the digital economy.
Reasons for a Global Internet Loss
Solar Storms: A massive solar storm could cause severe disruptions to satellite communications and power grids, which in turn would impact Internet infrastructure around the world.
Reasons for a Global Internet Loss
Solar Storms: A massive solar storm could cause severe disruptions to satellite communications and power grids, which in turn would impact Internet infrastructure around the world.
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Innovation in Sei
Sei launches the first parallel EVM blockchain, opening doors for builders and early adopters.
#evm #blokchain #Seinetwork
Sei launches the first parallel EVM blockchain, opening doors for builders and early adopters.
#evm #blokchain #Seinetwork
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In our #videojuego you can find a great opportunity to #trabajoremoto monetize your skill in the controls, become a true expert in the #GameFi #vueltarapida is a project that offers high scalability in the new finance #blokchain
Visit our website and discover how to monetize your control skills.
Visit our website and discover how to monetize your control skills.
XION is breaking down Web3 barriers! Our Chain Abstraction makes complex transactions simple.
#XION #ChainAbstraction #Web3 #blokchain #Binance
#XION #ChainAbstraction #Web3 #blokchain #Binance
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#crypto2024 Validator operation and income 🤔💬
Who thinks what and experienced Validators, if you are here, would you express your opinion,
#blokchain #validator #coinanalysis #IncomeManagement
Who thinks what and experienced Validators, if you are here, would you express your opinion,
#blokchain #validator #coinanalysis #IncomeManagement
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🔥We can now track Solana ecosystem wallets in Arkham Intelligence 👀
Good news from the blockchain intelligence platform @Arkham Intelligence , and that is that we can now see the real-time data of the #blokchain of #Solana .
Solana users can now view and trace the movements of multiple wallets, receive alerts , review the historical movements of your own #billetera , follow the profiles of the largest investors in the Solana network and more.
This new development is undoubtedly great news for those who are reviewing on-chain information from whales in Solana , especially with the rush of #memecoins that come out every day.
You can now start testing this new service offered by #Arkham Intelligence, as it is totally free.
I really like this news, because of the interface that the Arkham Intelligence platform has to search for information in an easier and more practical way.
👉More crypto updates...
Share and follow me for more 👈😎
$ARKM
Good news from the blockchain intelligence platform @Arkham Intelligence , and that is that we can now see the real-time data of the #blokchain of #Solana .
Solana users can now view and trace the movements of multiple wallets, receive alerts , review the historical movements of your own #billetera , follow the profiles of the largest investors in the Solana network and more.
This new development is undoubtedly great news for those who are reviewing on-chain information from whales in Solana , especially with the rush of #memecoins that come out every day.
You can now start testing this new service offered by #Arkham Intelligence, as it is totally free.
I really like this news, because of the interface that the Arkham Intelligence platform has to search for information in an easier and more practical way.
👉More crypto updates...
Share and follow me for more 👈😎
$ARKM
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🔥"Worldcoin" changes its name to "World" 🤔
The identity verification company at #blokchain , #Worldcoin , has removed the word "coin" from its name and renamed itself as just "World," as it better reflects its mission as a company.
At a recent event in San Francisco, co-founders of the now-named World, Alex Blania and Sam Altman, presented several updates to the project. These updates include a new version of the biometric scanning device, new options for verifying identity, and the integration of partnerships with popular apps.
The project recently faced legal challenges over data collection in countries such as Mexico, Chile, and Colombia. Despite this, the project reported having registered 15 million World IDs.
Following the announcement, the price of #token #WLD rose by more than 3%. Currently the price is around $2.32 USD, but it is still far from the maximum price reached in March of this year of $11.97 USD.
👉More crypto updates...
Share and follow me for more 👈😎
$WLD
The identity verification company at #blokchain , #Worldcoin , has removed the word "coin" from its name and renamed itself as just "World," as it better reflects its mission as a company.
At a recent event in San Francisco, co-founders of the now-named World, Alex Blania and Sam Altman, presented several updates to the project. These updates include a new version of the biometric scanning device, new options for verifying identity, and the integration of partnerships with popular apps.
The project recently faced legal challenges over data collection in countries such as Mexico, Chile, and Colombia. Despite this, the project reported having registered 15 million World IDs.
Following the announcement, the price of #token #WLD rose by more than 3%. Currently the price is around $2.32 USD, but it is still far from the maximum price reached in March of this year of $11.97 USD.
👉More crypto updates...
Share and follow me for more 👈😎
$WLD
It’s important to note that the cryptocurrency and blockchain space is highly competitive and rapidly evolving, #OFN with many projects and platforms vying for attention and investment. While #OFN may have innovative features and growth opportunities, it’s important to conduct thorough research and due diligence before investing in any project or platform. #crypto #Binance #blokchain
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While last year it seemed like cryptocurrencies were losing their spark, 2024 has proven to be a year of explosion! 🇻🇪🇻🇪🇻🇪
#venezuela #blokchain #CriptoNews
#venezuela #blokchain #CriptoNews
Revolutionize your Economy with Blockchain! Discover how it is Changing the Game in Venezuela 🚀
In the heart of Venezuela, amid a political and economic storm, there is a quiet revolution underway. No, it is not a protest march, nor a presidential speech. It is something much more powerful: cryptocurrencies.
🌪️ A Shelter in Times of Storm
Can you imagine finding an oasis in the middle of the desert? That's what Venezuelans are discovering with cryptocurrencies. After a tumultuous presidential election in July, cryptocurrencies have become the protective shield for thousands of people seeking financial stability.
🌪️ A Shelter in Times of Storm
Can you imagine finding an oasis in the middle of the desert? That's what Venezuelans are discovering with cryptocurrencies. After a tumultuous presidential election in July, cryptocurrencies have become the protective shield for thousands of people seeking financial stability.
Point harvesting started 🤠 and is not yet too late!
Just go to JNI.APP and harvest $JNI with $xHDRO from hydrofi
19.2M $xHDRO are staked in JNI 🥳
#blokchain #injective $INJ
Just go to JNI.APP and harvest $JNI with $xHDRO from hydrofi
19.2M $xHDRO are staked in JNI 🥳
#blokchain #injective $INJ
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#Fetch.ai "🚀Discover Fetch.ai (FET)!🚀 A revolution in the world of artificial intelligence and blockchain.
Fetch.ai is building a decentralized network where autonomous agents perform crucial tasks such as data collection, prediction and coordination efficiently and without intermediaries.
Imagine a future where your smart device can communicate and collaborate with others to optimize your daily life, from energy management to logistics.
FET is the cryptocurrency that powers this incredible platform, allowing for fast and secure transactions. Don't be left behind, be part of the innovation with Fetch.ai. 🌐🤖
#Fetch.ai #blokchain #Innovación #IA $FET
Fetch.ai is building a decentralized network where autonomous agents perform crucial tasks such as data collection, prediction and coordination efficiently and without intermediaries.
Imagine a future where your smart device can communicate and collaborate with others to optimize your daily life, from energy management to logistics.
FET is the cryptocurrency that powers this incredible platform, allowing for fast and secure transactions. Don't be left behind, be part of the innovation with Fetch.ai. 🌐🤖
#Fetch.ai #blokchain #Innovación #IA $FET