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Cryptocurrency Facts You Should Know The cryptocurrency world is becoming more visible as a result of global recognition and countries competing for digital currency leadership. It is impossible to dismiss. #moonbix #USCPIWatch #SCRLaunchpoolStarts! #BNBChainMemecoins #PeterToddHBOSatoshi Nakamoto? #1 You won't be able to lose your digital wallet. When dealing with cryptocurrency, you must have a crypto wallet (digital wallet) with public and private keys. You are given a private key to gain access to it, and if you lose your private key, the chances of recovering it are slim to none. Your digital funds will vanish into a vast crypto void. Because blockchain technology reduces the possibility of hacking, you are solely responsible for the loss of your digital money. A credit card/debit card loss can still be traced back or recreated at the bank by providing identification proof, but when it comes to cryptocurrency, you must be extremely cautious. #2 Watch out for ‘Cryptojacking’! Though cryptocurrency is quite a secure option for investment due to its wallet security, but it is still vulnerable to scammers who mine cryptocurrency using the processing power of your computer or phone. They do this without your permission for their own benefit. This is known as 'Cryptojacking', and it occurs when scammers install malicious code on your device. How can you tell if your device is infected? Your phone or computer will become slower, and your battery will discharge more quickly. #3 The inventor of Bitcoin is unknown. The person or organization that created the 'bitcoin' is unknown, which is the most popular and surprising fact about the cryptocurrency world. Many people have claimed to be the ones who started it, but none of them were credible sources. 'Satoshi Nakamoto' is the name given to the person who invented bitcoins. According to popular belief, it is an acronym for the world's leading technology companies, Samsung, Toshiba, Nakamichi, and Motorola. $USDC $BNB $BTC

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cryptocurrency digital asset #cryptotipshop #USCoreCPIUp #HBODocumentarySatoshiRevealed #BTC60KResistance cryptocurrency, currency in digital form that is not overseen by a central authority. The first cryptocurrency was Bitcoin, created by an anonymous computer programmer or group of programmers known as Satoshi Nakamoto in 2009. Satoshi Nakamoto was concerned that traditional currencies were too reliant on the trustworthiness of banks or governments to work properly. Bitcoin relies on public key cryptography, in which users have a public key that is available for everyone to see and a private key known only to their computers. In a Bitcoin transaction users receiving Bitcoins send their public keys to users transferring the Bitcoins. Users transferring the coins sign with their private keys, and the transaction is then transmitted over the Bitcoin network. So that no Bitcoin can be spent more than once at the same time, the time and amount of each transaction is recorded in a ledger file that exists at each node of the network. The identities of the users remain relatively anonymous, but everyone can see that certain Bitcoins were transferred. Transactions are put together in groups called blocks. The blocks are organized in a chronological sequence called the blockchain. Blocks are added to the chain using a mathematical process that makes it extremely difficult for an individual user to hijack the blockchain. The blockchain technology that underpins Bitcoin has attracted considerable attention, even from skeptics of Bitcoin, as a basis for allowing trustworthy record keeping and commerce without a central authority. Blockchain technology is also critical to NFTs (non-fungible tokens), which are often paid for with cryptocurrency. $USDC $BNB $SOL

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Cryptocurrency Explained With Pros and Cons for Investment #USCPIWatch #BinanceLaunchpoolSCR #moonbix #BTC60KResistance #BNBChainMemecoins What Is Cryptocurrency? A cryptocurrency is a digital or virtual currency secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Most cryptocurrencies exist on decentralized networks using blockchain technology—a distributed ledger enforced by a disparate network of computers. KEY TAKEAWAYS A cryptocurrency is a form of digital asset based on a network that is distributed across a large number of computers. This decentralized structure allows them to exist outside the control of governments and central authorities. Some experts believe blockchain and related technologies will disrupt many industries, including finance and law. The advantages of cryptocurrencies include cheaper and faster money transfers and decentralized systems that do not collapse at a single point of failure. The disadvantages of cryptocurrencies include their price volatility, high energy consumption for mining activities, and use in criminal activities. Understanding Cryptocurrency Cryptocurrencies are digital or virtual currencies underpinned by cryptographic systems. They enable secure online payments without the use of third-party intermediaries. "Crypto" refers to the various encryption algorithms and cryptographic techniques that safeguard these entries, such as elliptical curve encryption, public-private key pairs, and hashing functions. $BTC $USDC $BNB

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Rodion Raskolnikov Book character #moonbix #SCRLaunchpoolStarts! #USCPIWatch #BinanceLaunchpoolSCR #HBODocumentarySatoshiRevealed Rodion Raskolnikov, fictional character who is the protagonist of the novel Crime and Punishment by Fyodor Dostoyevsky. An impoverished student who murders a pawnbroker and her stepsister, Raskolnikov embodies the author's belief that salvation is possible only through atonement. An impoverished student with a conflicted idea of himself, Raskolnikov (Rodya as his mother calls him) decides to kill a corrupt pawnbroker, Alyona Ivanovna, with whom he has been dealing, with the idea of using the money to start his life all over, and to help those who are in need of it. It is later revealed that he also commits the murder as justification for his pride, as he wants to prove that he is "exceptional" in the way Napoleon was. He commits the murder, but he is so nervous during the crime that he makes a few mistakes, and he is afraid that he will be caught. Raskolnikov finds a small purse on Alyona Ivanovna's body, which he hides under a rock without checking its contents. After he confesses to the destitute, pious prostitute Sofya Semyonovna Marmeladova, she guides him towards turning himself in to the police. More Stories Follow Facebook $BTC $ETH $USDC

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