$BTC On November 1, 2010, a user named bitboy proposed a n | Atikur19922 on Binance Square

Trending Articles

Bookmarked and Liked

--

$BTC On November 1, 2010, a user named bitboy proposed a new icon and set of promotional graphics on the Bitcointalk forum (archive.org, bitcointalk.org). This iteration added a flat style, the hex color #F7931A, and a 14-degree rotation of the B. This interpretation of the bitcoin logo is still ubiquitous today.
#Share1BNBDaily 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

546

0

Replies 0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@atikur19922

Explore More From Creator

$BTC Broadcasting and confirmations In the above example, Mark (via his wallet software) will broadcast his proposed transaction to the Bitcoin network. A special group of participants in the network known as 'miners' verify that Mark's keys are able to access the inputs (i.e. the address(s)) from where he previously received the bitcoin he claims to control. Miners also gather together a list of other transactions that were broadcast to the network around the same time as Mark's and form them into a block. Any miner who has completed the 'Proof of Work' is permitted to propose a new block that will be added or 'attached' to the chain and by referencing the last block. That new block is then broadcast to the network. If other network participants (nodes) agree it's a valid block (ie. the transactions it contains follows all the rules of the protocol and it properly references the previous block), they will pass it along. Eventually, another miner will build on top of it by referencing it as the previous block when proposing the next block. Any transactions that were in the previous block will now have been 'confirmed' by the next miner. As blocks are added to the chain, the number of confirmations of Mark's transaction increases. Why do some bitcoin transaction confirmations take so long? Each block can only contain a certain number of transactions, and that number is determined largely by the space available in each block, or the 'block size,' which is 1MB. The limited space gives rise to the fee market, where miners, who collect fees, choose to include in the next block only those transactions which have included a high enough fee. Thus higher fees act as incentive for miners to prioritize your transactions. Note that the block size is an arbitrary limit, but the Bitcoin community has chosen to keep the block size as small as possible in order to make it easier for people to operate Bitcoin nodes. Bitcoin Cash, which is a fork of Bitcoin, has a larger block size and therefore requires much lower fees for transactions.

--

$BTC In short, Bitcoin is a digital form of money that runs on a distributed network of computers (nodes). In a broader sense, though, many people often use the word Bitcoin to refer to a few different things: a digital currency, a decentralized public ledger, a protocol, or simply the big ecosystem that encompasses all of these. However, there are some fundamental differences between these functionalities. First, Bitcoin is the name of a peer-to-peer (P2P) digital currency, which is sometimes referred to as bitcoin (with lower “b”) or simply BTC. Bitcoin is a cryptocurrency, which means it is a digital currency that is protected by cryptographic techniques. It was the first cryptocurrency that came into existence, and the first Bitcoin block - known as the genesis block (or block 0) - was mined on the 3rd of January 2009. Second, the Bitcoin decentralized public ledger is what we call blockchain. Despite being closely related, Bitcoin and blockchain are different concepts. The blockchain technology is what maintains the whole structure that allows Bitcoin transactions to be broadcasted and recorded in a trustless and secure way. Note that, in this context, trustless means that the blockchain system does not rely on any kind of trust to function as it is backed by computer code and mathematical algorithms. Thus, the Bitcoin blockchain works as a decentralized digital ledger that publicly lists all confirmed BTC transactions. Lastly, the term Bitcoin was also used to refer to the protocol that is being continually developed as an open source software. In 2014, however, the original Bitcoin client software was officially rebranded to Bitcoin Core to avoid further misunderstanding. As an open source software, Bitcoin Core counts with numerous contributors worldwide. Bitcoin was conceptualized by a person (or group) under the pseudonym Satoshi Nakamoto. The idea was to create a unique digital payment system that would permit borderless financial transactions to occur without the need for mediators like banks or governments.

--

#NFPCryptoImpact Here are some PDFs that discuss NFP trading strategies: NFP Strategy | PDF | Foreign Exchange Market | Economy Of The United States: This PDF from Scribd teaches how to trade NFP successfully every month. NFP Non-Farm Payroll: Learn How To Trade NFP | PDF | Foreign Exchange Market: This PDF from Scribd is available for download or to read online. Crash Course To Become an NFP Expert - NET: This PDF covers topics such as averaging numbers, deviation between actual and consensus, and unemployment rate. NFP stands for Nonfarm Payrolls, which is a key economic release that can move the market. It's one of the biggest market movers in the forex markets. Strategies for trading NFP Trade before the release: Use deductive reasoning to predict the market's direction before the NFP figure is revealed. Wait for a signal: After the market has digested the NFP information, wait for a signal that the market has decided on a direction. Avoid trading during the release: The immediate action after the release is unpredictable. Close all active positions before the release: Start a new pattern of trades after the data is released.

--

$BNB History of BNB Smart Chain and BNB token Binance cryptocurrency exchange and BNB token were established in 2017. BNB token was initially an ERC-20 token on the Ethereum blockchain. In 2019, it migrated to Binance Exchange’s propriety blockchain called Binance Chain, and eventually became the fuel for Binance Smart Chain (BSC), which launched in September 2020. Due to the network’s high transaction speed, low transaction cost, and EVM compatibility, BSC quickly gained traction as the DeFi movement took off and Ethereum suffered from chronic congestion and high fees. In February 2022, Binance Smart Chain was rebranded as BNB Smart Chain. BNB Smart Chain is itself part of the BNB Chain ecosystem of blockchains, which consists of BNB Beacon Chain (the staking and governance layer), BNB Smart Chain (the smart contract execution layer), ZkBNB (a zero-knowledge proof rollup for scaling), and BNB Greenfield (a decentralized data storage platform). How can you use BNB and BNB Smart Chain? Anyone can buy, sell, send, receive, and hold BNB in the Bitcoin.com Wallet app. Advanced users also have the option to directly interact with Decentralized Apps (dApps) on the BNB Smart Chain network using the Bitcoin.com Wallet (via WalletConnect). dApps on BNB Smart Chain enable DeFi use cases like trading, borrowing and lending, prediction markets, crypto derivatives, synthetic assets, NFTs, and more. For an up-to-date list of the top decentralized applications on BNB Smart Chain, please refer to DAppRadar. To learn how to connect to dApps in the Bitcoin.com Wallet app, please see this guide. For more information about BNB Smart Chain, please refer to this document. Bridging between BNB Smart Chain and Ethereum You can bridge select Ethereum cryptoassets to BNB Smart Chain using the officially recommended Celer cBridge. Bridging will take a certain amount of time, which the bridge will estimate for you. After that, you can do most things you can do on Ethereum such as swap, borrow/lend

--

#CryptoMarketDip Node: A machine that takes part in the global network by running the bitcoin software. Blockchain: A database of financial transactions which constantly grows as new transactions or ‘blocks’ are added to it, forming a continuous and public chain of data. Cryptocurrency: Digital, decentralized currencies that uses cryptography for security. Cryptography: The science of coding and decoding messages and data so as to keep them secure. For example, by encryption.

--

Latest News

SEC Team Under Trump Administration Reviews Pending Crypto Cases

--

CoinDesk 20 Index Sees Positive Gains Across All Assets

--

BlackRock IBIT Sees Significant Pre-Market Trading Volume

--

Circle Mints $1.25 Billion USDC on Solana in Recent Weeks

--

USDC Treasury Mints 50 Million Tokens on Ethereum

--

Trending Articles

🚨SEC Refuses to Postpone Its Appeal Against Ripple, Insists on Filing Opening Brief Today

CryptoSquareInfo

Meet Jimmy Zhong, a major crypto fraudster!

Why 50% of Traders Fall for the “Buy the Dip” Trap — And How to Avoid It

📊 🇺🇸 US CPI Data Today 📊 🔹 Expectations: 2.9% 🔹 Last

XRP: Keep an eye on this level!🤔🤔

Cookie Preferences

Cookie Preferences