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Showing posts from December, 2020

A simplified explanation of Blockchain Supply Chain Management

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 Looking for a simple explanation of supply chain management on blockchain ? And what can the blockchain do in a supply chain management system, in other words, how do you know that the shirt you wear, the drinks you drink and the food you buy from the market are safe, safe and not counterfeit? The answer is that you don't know it, you just trust. You trust that there is no effective way to find answers to these questions. Either you sacrifice and use the products or you prefer to dispense with them. But what if you no longer need to compromise or give up buying and enjoying the things you want? This is while ensuring safety and security! And the original 100% suitable product. This can be effectively achieved through a revolutionary technology called blockchain. Benefiting from blockchain supply chain management.   Blockchain supply chain management Blockchain technology has been introduced into the world and our economic reality via the leading  cryptocurrency, Bitcoin ...

The most prominent cloud mining company for mining cryptocurrencies

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 Year after year the world and the field of cryptocurrency, blockchain and cryptocurrency mining via cloud mining is developing. Currently, mining is changing in general a lot and many prospectors now may not find them next year due to the hardware that mining a cryptocurrency requires, the ever-changing mining difficulty, electricity and high energy bills. Home mining or private mining of cryptocurrencies is very expensive, and also many cryptocurrency systems will move from a validation algorithm that relies on physical mining to solve the block problem, to a share transmission algorithm that relies on documenting and verifying transactions in the blockchain with the amount of currencies owned by participants in the blockchain. Blockchains dedicated to mining or those that have been frozen for mining via the staking process are all algorithms that work differently from the others. But the physical cryptocurrency mining that relies on hardware to decipher the block's encryption pu...

A complete explanation of how to trade and invest in cryptocurrency

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 Trading cryptocurrencies is becoming increasingly popular among those people who want to make money from the crypto industry. This type of earning has its pros and cons. The main advantage of trading digital cryptocurrencies is the high income in a short period of time. If you are a professional in trading and even a professional is losing a lot in this market, so from the beginning of the topic your goal is not to read the topic Greed for quick gain without any prior experience or learning the basics of This topic. What brings investors and traders to the cryptocurrency market is the ability to double your deposit 10 times in just one day with full control over your trading without the intervention of any third party according to your choice of the appropriate platform. But the disadvantages of trading in cryptocurrencies is the size of the large risks and you can lose all your investments despite your experience in the field, add that you will need to learn and read about the fi...

What is BNB and why should it be in your wallet

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 The emergence of certain types of AltsCoins on the market raises many questions. In particular, users are interested in the feasibility of the Binance coin or the BNB symbol, which has appeared in the past few years strongly in the market and has great popularity on social media sites and media, which made its price very high and so far the price or price of BNB is on the way to $ 40, and its value may become higher in the coming years because it is the currency of the largest cryptocurrency exchange Binance, and every holder of this currency or BNB token has many advantages on the platform. So what is BNB or Binance Coin? Today we're going to talk about the premium digital asset or one of the strongest among the cryptocurrency BNB. The coin ranked among the top ten cryptocurrencies by Coinmarketcap (the ranking changes so see the source whenever I read this topic). Although many other cryptocurrency trading platforms, after the Binance platform, have begun issuing their tokens, n...

What are hot and cold cryptocurrency wallets?

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Storing cryptocurrencies in cryptocurrency wallets in a safe and secure manner is very necessary so that you can make sure of your money in safety. As for storing cryptocurrencies, multiple solutions are available for users to achieve this goal. For those who prefer transfers and prefer full control over secure Bitcoin storage, the use of a   "hot wallet" and a " cold wallet" is worth considering. What are hot and cold cryptocurrency wallets to begin with? To clarify the concept of hot wallet and cold wallet, we must first understand how they differ. As the name suggests, a hot wallet is a cryptocurrency storage address like Bitcoin, from which users can spend money at any time. This wallet is always connected to the internet directly, as it maintains an active connection to the bitcoin network . On the other hand, a cold wallet does the exact opposite. That is, you cannot use it for normal daily expenses, but you can receive funds at any given time. The cold wallet...

How does blockchain work? Simple and easy explanation

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 The topic of how the blockchain works, the second part of the previous topic, “ A simple and easy explanation from scratch of the blockchain , ” in which we talked about an agreement or an agreement, it is necessary to understand what the agreement is ( read the previous topic well ) to make it easier for you to understand the blockchain easily in the correct theoretical sense. In the previous topic, we wrote about how certain types of agreements are fundamental to the functioning of societies. But what is the relationship of blockchain to societies and agreements? How does blockchain work? Simple and easy explanation How does blockchain work? Blockchain technology is basically just a new way to preserve agreements. The big difference between blockchain technology and traditional existing methods, is that the blockchain agreement is not maintained centrally by a single authority. To illustrate the difference, let's take a closer look at the money ownership agreement. We will clai...

How Ethereum works

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 Now that we've explained what Ethereum is , let's dive deeper into how does Ethereum work? . So how does Ethereum work? How does Ethereum work? The answer starts with using Ethereum for apps or Dapps that don't require a single entity to store or control their data. Just like Bitcoin, Ethereum relies primarily on the Bitcoin protocol and its blockchain design, but goes beyond it to support applications instead of money. So that developers can create new proprietary applications and rules as well as alternative transaction formats. Currently, Ethereum is based on a programming language called 'Turing-complete', as this language allows developers to write more programs that enable blockchain transactions to control and automate specific results.   This flexibility may be the fundamental innovation of Ethereum, as explained in “ Smart Contracts ”. The Ethereum blockchain? The structure of the Ethereum blockchain is very similar to that of Bitcoin in that they have a c...