Boltonfx(@Boltonfx) meglátásai

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Bikajellegű

agreed 
falling victim is painful 

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Felelősségkorlátozó nyilatkozat: Harmadik felek véleményét tartalmazza. Nem minősül pénzügyi tanácsnak. Szponzorált elemet tartalmazhat. Lásd a Feltételeket.

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DEX and CEX explained.

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Decentralization Vs Centralization

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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

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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

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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.

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