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How Blockchain Works: A Simple Explanation
Blockchain is a decentralized transaction database that works on the following principle:
1. Transactions are grouped into “blocks” and distributed among network nodes.
Miners use computing power to solve complex mathematical problems and validate blocks.
2. The new block “clings” to the previous one, forming a chain of blocks - blockchain.
Each node stores a complete copy of the blockchain, ensuring transparency and security. To change data in the blockchain, you need to change the entire subsequent chain, which is almost impossible.
3. Consensus algorithm (Proof-of-Work or Proof-of-Stake) prevents fraud and ensures data consistency.
Thus, the blockchain is a distributed, immutable and secure register of transactions without a single control center.
Before this, did you fully understand what blockchain is?
Write in the comments and like so as not to miss other interesting posts, all the best!
#Блокчейн #Майнинг
Blockchain is a decentralized transaction database that works on the following principle:
1. Transactions are grouped into “blocks” and distributed among network nodes.
Miners use computing power to solve complex mathematical problems and validate blocks.
2. The new block “clings” to the previous one, forming a chain of blocks - blockchain.
Each node stores a complete copy of the blockchain, ensuring transparency and security. To change data in the blockchain, you need to change the entire subsequent chain, which is almost impossible.
3. Consensus algorithm (Proof-of-Work or Proof-of-Stake) prevents fraud and ensures data consistency.
Thus, the blockchain is a distributed, immutable and secure register of transactions without a single control center.
Before this, did you fully understand what blockchain is?
Write in the comments and like so as not to miss other interesting posts, all the best!
#Блокчейн #Майнинг
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Artificial Intelligence Cryptocurrencies Becoming More Popular in 2024
One of the most interesting coins in this segment is SingularityNET ($AGIX )
SingularityNET is a decentralized AI service exchange platform built on blockchain. It allows AI developers to offer their algorithms and models to other users for AGIX tokens.
Advantages of AGIX:
1. Using AI to analyze the cryptocurrency market and predict prices.
2. The ability to create smart contracts and decentralized applications based on AI.
3. Potential for growth as AI becomes more in demand.
Other interesting cryptocurrencies with AI:
Fetch.ai ($FET ) - a platform for creating decentralized intelligent agents
Ocean Protocol ($OCEAN ) - AI-powered data sharing ecosystem
Question of the day:
What AI-related cryptocurrencies are you interested in?
Share your opinions in the comments!
#КриптоИИ #ИскусственныйИнтеллект #Блокчейн #2024
One of the most interesting coins in this segment is SingularityNET ($AGIX )
SingularityNET is a decentralized AI service exchange platform built on blockchain. It allows AI developers to offer their algorithms and models to other users for AGIX tokens.
Advantages of AGIX:
1. Using AI to analyze the cryptocurrency market and predict prices.
2. The ability to create smart contracts and decentralized applications based on AI.
3. Potential for growth as AI becomes more in demand.
Other interesting cryptocurrencies with AI:
Fetch.ai ($FET ) - a platform for creating decentralized intelligent agents
Ocean Protocol ($OCEAN ) - AI-powered data sharing ecosystem
Question of the day:
What AI-related cryptocurrencies are you interested in?
Share your opinions in the comments!
#КриптоИИ #ИскусственныйИнтеллект #Блокчейн #2024
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Fresh 2024 Cryptocurrency Worth Considering
Here is the basic information about it:
Sui is a new blockchain platform developed by former Coinbase and Dfinity engineers, focused on speed, security and scalability.
1. It uses a unique consensus approach based on an object-oriented data model, which allows it to process millions of transactions per second.
2. Sui has attracted significant investment from leading venture capital funds due to its innovative technology and experienced development team.
3. After launching in 2024, SUI quickly entered the top 20 cryptocurrencies by market capitalization, showing impressive growth.
4. The SUI token is used to pay fees, staking and network management. Holders of $SUI also receive rewards for participating in the consensus.
5. Sui is positioned as a platform of the future, capable of competing with Ethereum and other blockchains due to its high performance and innovative approach.
Like and subscribe so as not to miss interesting content, good luck to everyone!
#Sui #НоваяКриптовалюта #Блокчейн #Масштабируемость #Стекинг
Here is the basic information about it:
Sui is a new blockchain platform developed by former Coinbase and Dfinity engineers, focused on speed, security and scalability.
1. It uses a unique consensus approach based on an object-oriented data model, which allows it to process millions of transactions per second.
2. Sui has attracted significant investment from leading venture capital funds due to its innovative technology and experienced development team.
3. After launching in 2024, SUI quickly entered the top 20 cryptocurrencies by market capitalization, showing impressive growth.
4. The SUI token is used to pay fees, staking and network management. Holders of $SUI also receive rewards for participating in the consensus.
5. Sui is positioned as a platform of the future, capable of competing with Ethereum and other blockchains due to its high performance and innovative approach.
Like and subscribe so as not to miss interesting content, good luck to everyone!
#Sui #НоваяКриптовалюта #Блокчейн #Масштабируемость #Стекинг
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The Latest Cryptocurrency of 2024: What You Need to Know
In 2024, a new promising cryptocurrency appeared on the market - Aptos ($APT ).
Here are the basic facts about her:
1. Aptos is a blockchain platform developed by former Facebook engineers, focused on scalability and security.
2. It uses the innovative Move protocol, which allows it to process thousands of transactions per second with low fees.
3. Aptos has attracted the attention of investors due to its strong team, advanced technology and partnerships with major industry players.
4. After a successful launch in 2024, APT quickly became one of the top cryptocurrencies by market capitalization.
The APT token can be used for staking, network management, and payment of transaction fees.
5. Aptos is positioned as an “Ethereum killer” due to its scalability and low fees.
Stay tuned for the development of this promising project in 2024!
#НоваяКриптовалюта #Блокчейн #Масштабируемость #Стекинг
In 2024, a new promising cryptocurrency appeared on the market - Aptos ($APT ).
Here are the basic facts about her:
1. Aptos is a blockchain platform developed by former Facebook engineers, focused on scalability and security.
2. It uses the innovative Move protocol, which allows it to process thousands of transactions per second with low fees.
3. Aptos has attracted the attention of investors due to its strong team, advanced technology and partnerships with major industry players.
4. After a successful launch in 2024, APT quickly became one of the top cryptocurrencies by market capitalization.
The APT token can be used for staking, network management, and payment of transaction fees.
5. Aptos is positioned as an “Ethereum killer” due to its scalability and low fees.
Stay tuned for the development of this promising project in 2024!
#НоваяКриптовалюта #Блокчейн #Масштабируемость #Стекинг
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South Korea Takes Major Steps in Cryptocurrency Regulation
South Korea, one of the world’s leading countries in terms of cryptocurrency trading volumes, continues to advance its cryptocurrency legislation. The Financial Service of Korea (FSC) recently announced support for the second phase of cryptocurrency regulation, which is an important step in creating a more transparent and secure environment for investors and companies operating in the crypto industry.
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Ardor (ARDR) Shows 49% Growth: Potential for Investors
Ardor (ARDR) has seen impressive growth in September 2024, increasing its value by 49% in a week. The current price of the token is around $0.1016, and the trading volume in the last 24 hours has exceeded $259 million. This growth is due to increased interest from investors and the unique architecture of the Ardor blockchain, which offers an innovative Blockchain-as-a-Service (BaaS) solution.
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Powerledger Integrates with Solana: New Solution for Sustainable Blockchain
Powerledger Integrates with Solana: New Solution for Sustainable Blockchain
In September 2024, Powerledger, a well-known energy asset trading platform, announced its integration with the Solana mainnet. This significant development highlights Powerledger’s growing efforts to promote sustainability and efficiency in the energy blockchain space.
In September 2024, Powerledger, a well-known energy asset trading platform, announced its integration with the Solana mainnet. This significant development highlights Powerledger’s growing efforts to promote sustainability and efficiency in the energy blockchain space.