Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
Boltonfx
--
Bullish
Follow
#LUNC🔥
it's a time factor in between
LIVE
Hassan Amjad
--
Hello Everyone,
Let’s talk about $LUNC
All time high of $LUNC was $119 in 5th of April 2022
But the issue date of the coin 28th of May 2022
There is a huge difference between ATH and ATL
I’m little bit confused now, If anybody have some knowledge about this please share with us that will be helpful for us.
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.
See T&Cs.
LUNC
0,00007802
-8.78%
388
0
Replies
0
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
LIVE
Boltonfx
@Boltonfx
Follow
Explore More From Creator
Decentralization Vs Centralization
--
017. Smart contracts: Is a self-executing program that automates the enforcement and execution of a specific agreement or set of rules, using blockchain technology. It allows for the creation of decentralized, trustless, and transparent agreements, without the need for intermediaries; they have the following characteristics: 1. Autonomous: i.e. Self-executing and automated. 2. Decentralized: Stored and replicated on a blockchain. 3. Immutable: Cannot be altered or deleted. 4. Transparent: All transactions and rules are publicly visible. 5. Programmable: Can be customized to fit specific needs. Smart contracts can be applied in several aspects beyond cryptography: 1. Supply chain management 2. Digital identity 3. Voting systems 4. Insurance 5. Financial derivatives 6. Digital assets 7. Gaming Smart contracts have the following merits: 1. Increased efficiency 2. Reduced costs 3. Improved security 4. Enhanced transparency 5. Automated enforcement Smart contracts typically use programming languages like Solidity (for Ethereum) or Chaincode (for Hyperledger Fabric) to create and deploy the contracts on a blockchain network. #BinanceTurns7 #Write2Earn! #BTC #BinanceTournament #Megadrop $BNB $ETH $SOL
--
013. ICO (Initial Coin Offering); A fundraising mechanism used by blockchain projects to raise capital by issuing and selling new cryptocurrencies or tokens to investors. Here's how it works: 1. Project creation: A team develops a blockchain-based project, creating a whitepaper outlining its goals, technology, and plans. 2. Token creation: A new cryptocurrency or token is created, representing a unit of value or utility within the project's ecosystem. 3. ICO campaign: The project team announces the ICO, setting a timeframe, token price, and funding goals. 4. Token sale: Investors buy tokens using cryptocurrencies like $BTC or $ETH . 5. Funding allocation: Raised funds are allocated to project development, marketing, and other expenses. ICO types: 1. Public ICO: Open to anyone, with minimal restrictions. 2. Private ICO: Restricted to accredited investors or institutional investors. 3. Pre-ICO: Early access to tokens for strategic investors or partners. Merits of ICO: 1. Fundraising: Raises capital for project development. 2. Community building: Creates a community of supporters and users. 3. Marketing: Generates buzz and publicity for the project. However, ICOs also come with risks, such as: 1. Regulatory uncertainty 2. Scams and fraud 3. Market volatility 4. Lack of transparency Investors should exercise caution and thoroughly research projects before participating in an ICO. #BinanceTurns7 #SOFR_Spike #Write2Earn! #altcoins #BTC
--
015. A validator: Is a node or entity that verifies transactions and creates new blocks on a blockchain network. Validators play a crucial role in maintaining the integrity and security of the network. Responsibilities of a validator: 1. Transaction verification: Ensure transactions are valid, follow network rules, and have sufficient funds. 2. Block creation: Create new blocks and add them to the blockchain. 3. Consensus participation: Participate in the consensus mechanism to agree on the state of the blockchain. 4. Network security: Help prevent attacks, such as 51% attacks, by validating transactions and creating blocks. Types of validators: 1. Proof-of-Work (PoW) validators: Use computational power to solve complex mathematical puzzles (e.g., Bitcoin). 2. Proof-of-Stake (PoS) validators: Use their own cryptocurrency holdings as collateral to validate transactions (e.g., Ethereum). 3. Delegated Proof-of-Stake (DPoS) validators: Chosen by holders of a particular cryptocurrency to validate transactions (e.g., EOS). Validators are incentivized to perform their duties honestly through: 1. Block rewards: Receive newly minted cryptocurrencies for creating new blocks. 2. Transaction fees: Earn fees for verifying transactions. 3. Staking rewards: Receive rewards for participating in PoS or DPoS consensus mechanisms. By validating transactions and creating new blocks, validators help maintain the decentralized, secure, and trustworthy nature of blockchain networks. $BTC $ETH $XRP #BinanceTurns7 #Write2Earn! #SOFR_Spike #BTC #Bullish Amidst the dipping, appreciate the opportunity to buy buy buy more assets. Hit the Follow button.
--
016. A consensus algorithm: Is a protocol used to achieve consensus among nodes in a blockchain network. It ensures that all nodes agree on the state of the blockchain, including transactions and blocks. Common consensus algorithms include; 1. Proof of Work (PoW): Nodes compete to solve a mathematical puzzle, requiring significant computational power. 2. Proof of Stake (PoS): Nodes are chosen to validate transactions based on their stake (holdings) in the network. 3. Delegated Proof of Stake (DPoS): Nodes vote for validators, who create new blocks. 4. Byzantine Fault Tolerance (BFT): Nodes agree on the state of the blockchain through a voting process. 5. Leader-Based: A leader node is chosen to create new blocks and manage the network. 6. Federated Consensus: A group of trusted nodes (federators) manage the network and create new blocks. 7. Directed Acyclic Graph (DAG): A consensus algorithm used in some blockchain networks, like $IOTA . Consensus algorithm characteristics: 1. Security: Resistance to attacks and network manipulation. 2. Scalability: Ability to handle increasing network traffic and transactions. 3. Energy efficiency: Minimizing energy consumption and environmental impact. 4. Decentralization: Maintaining a decentralized network with no single point of control. 5. Fault tolerance: Ability to function even if some nodes fail or behave maliciously. Thus consensus algorithms are the backbone of blockchain technology, enabling nodes to agree on the state of the network and ensuring the integrity, security, and decentralization of the blockchain. $BTC $ETH #BinanceTurns7 #Write2Earn! #ETH_ETFs_Approval_Predictions #SOFR_Spike #MarketDownturn
--
Latest News
CEO sul-coreano é preso por suposta fraude de criptomoeda relacionada ao Ethereum
--
Tether e Xion Global colaboram para promover educação em blockchain na África do Sul
--
Canto Chain enfrenta problema de consenso e planeja atualização do sistema em 12 de agosto
--
Taxas de gás da rede Ethereum atingem o menor nível em cinco anos
--
O Banco da Reserva da Nova Zelândia enfrenta uma decisão importante sobre as taxas de juros
--
View More
Sitemap
Cookie Preferences
Platform T&Cs