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RingOfSaturn

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  1. At some point, probably around 2140, the last bitcoin will be mined. What happens next? As you know, a total of 21 million Bitcoin are available for mining, and when all of them are mined, new ones will no longer appear. But this does not mean that the network will collapse. In addition to hash calculation bonuses, May-ners receive transaction processing fees. Now these fees are small, in the order of interest share, but as the remuneration for calculating new blocks decreases, the size of the transaction processing fee is likely to increase - along with the cost of Bitcoin. These fees should be maintained at such a level as to still give miners motivation, so that although new bitcoins will no longer appear, bitcoin miners will still receive money.
  2. States where the national cryptocurrency has already been launched Emcash - Dubai El Petro/Petro Moneda - Venezuela Estcoin - Estonia E-Krona - Sweden J-Coin - Japan
  3. 1 Benefits of Bitcoin 1.1 No payment restrictions 1.2 Control over personal funds 1.3 Low entry threshold 1.4 High level of safety 1.5 Minimum Fees 1.6 Quick Translations 1.7 Lack of control by third parties 1.8 Equal rights 1.9 Strong Brand 1.10 Advanced Infrastructure 2 Disadvantages of Bitcoin 2.1 High mining complexity 2.2 Blockchain Size 2.3 No formal support for smart contracts 2.4 Influence of information background on the course 2.5 Prohibitions by the State 2.6 Course fluctuations
  4. Try using the new service RoboTrade This service, for now, is absolutely free. In the future, if the administration sees that Robotrade makes a profit to customers, then they will begin to charge 10% of the profit for using the algorithm and send Yo Token to buy, which will remain on the balance of traders and, in turn, will make a profit during the rally or in the InvestBox.
  5. Each block, in addition to the other components, contains in its header a record of several or all recent transactions and a record of the block that went immediately before the current one. To create a new block, the miner needs to solve the problem that the network issues on his equipment. Each block has its own unique solution, which is also written to the block header. This problem is difficult to solve and takes a lot of time, but once one of the users (miners) solves the problem, the rest of the network very quickly confirms that the solution is correct. There are several solutions for each block - it is enough to find at least one of them. Since the block is rewarded, the block also contains the Bitcoin address to which the award was sent. The record of this transaction is called - generation transaction, that is, the Bitcoin creation transaction, in the list of block transactions it is always in the 1st place. Bitcoin transactions are broadcast to the entire network by the sender - nodes collect information about them and, subject to certain conditions, include them in the found block.
  6. "I am Satoshi", 2014 This is a documentary of 52 minutes. It conducts a detailed study of Bitcoin from the position of a participant in the world financial system. Issues related to the future of new technology and the innovations that its application can bring in the modern world are comprehensively considered. In 2014, this tape was awarded in the nomination "Most Creative Cinema."
  7. The YOBIT investment box is a real way to earn money. The only point is to be careful when using deposits with a high interest rate (more than 5%), if you lack experience, you can easily go into a deep minus on the balance sheet, since a currency with such an interest can often fall in price faster than its number in the investment grows!
  8. To check whether a working investment plan or not it is not necessary to buy even a minimum amount of currency for a deposit. It is enough to specify in the input field an arbitrary number of coins between the values MinInvest and MaxInvest (you can specify extreme values) and click Invest. If the plan is working - you will see a message that there are not enough coins on your balance sheet if the investment plan is completed - there will be a message that there are not enough coins for the first payment.
  9. If you invest for a long period, then in ETH. Planning to switch to Ethereum 2.0 One of the features of the new version of the Ethereum network will be the appearance of the glass function in altcoin thanks to the introduction of the Proof-of-Stake algorithm. This will make it possible to receive passive income for storing coins of an estimated size of 3.2% per annum. But this will require holding at least 32 ETHs. Changing the algorithm will lead to the outflow of miners. Now Ethereum has the status of the best cryptocurrency for home mining. The transition to the Proof-of-Stakes will force miners to switch to other coins.
  10. Doubled the investment 6 months after entering the deposit, thanks to one well-known exchange (in 2019 it had a lot of IEO)
  11. Recently, I have been using LTC to transfer money between exchanges. Low Fee (0.01 LTC)
  12. Cryptocurrency trading is a very difficult job that does not suit 9 people out of 10. It is very easy to lose all your savings and investments, remaining in debt for the rest of your life. Nevertheless, everyone can try to engage in cryptocurrency speculation, becoming a full-fledged trader. Here are some tips: - Do not trade by signals - Do not wait for the highest/lowest coin price - Analyze and think ahead - Use forks of coins
  13. The entire power of the Bitcoin network, like a number of other cryptocurrencies, depends on the miners supported by it, that is, those people whose "computers" are busy solving mathematical problems for extracting a new cryptocurrency - in our case, Bitcoin. Each miner receives a fixed fee for solving one problem - generating a new block in a block chain (blockchain). Halving Bitcoin is just the process of reducing the reward for one such generated block by exactly 2 times. Each such action takes place every 4 years. The list of Bitcoin halvings is as follows: November 28, 2012 - from 50 to 25 BTC per unit July 9, 2016 - from 25 to 12.5 BTC per unit May 24, 2020 - from 12.5 to 6.25 BTC per unit
  14. Hardfork is the introduction of a new rule to the blockchain system, which requires updating the software, since it is not compatible with the old software. Thus, if you run the old program, then it considers all new transactions invalid, since the changes made as a result of hardfork violate the essence of the new protocol. If the whole community is ready to accept this, then an update takes place, and everyone works as before, but already on the new software. If there is a group of people who are against these changes, then the community splits. This means that on the basis of one company two different ones with a similar name appear, but have different currencies, rates and ideals. For example, Bitcoin and Bitcoin Cash, Bitcoin Gold, Ethereum and Ethereum Classic, etc.
  15. Crypto industry is full of questions from how to mine zcash, which algorithm to choose for trading. Holders earn on the growth of the crypto market thanks to long-term investment. A crisis, a stagnant period is possible, users who adhere to the methodology do not predict. The task is to wait for new maximums and the widespread use of digital coins. Classic investors are skeptical of hodl adherents, as they insist on a rational approach to choosing coins for storage with risk diversification.
  16. It is best to buy from acquaintances or trusted people. There is also a purchase option through the Guarantor, which acts as an intermediary between the buyer and the seller. In this case, the seller transfers the cryptocurrency to the Guarantor, after which the money
  17. Halving is a halving of the amount of remuneration for miners for adding a new block to the blockchain. Satoshi Nakamoto programmatically laid halvings in the Bitcoin network every 210 thousand blocks, that is, once every 4 years - until the moment when the release of cryptocurrency with the extraction of 21 million coins (presumably in 2140) will be completed.
  18. There are sites where you can get real money for simple tasks and more difficult work. For example, creating a design, writing reviews, texts, editing videos and others. If you have a personal website, information project or blog, you can earn money by advertising on it or receiving reports from readers.
  19. The most common risks for cryptocurrency: - Malware - Hacker attacks - Legal risks - Termination of exchanges - No guarantee of refund - Opposition to the traditional financial system - High cryptocurrency volatility - Low liquidity - Manipulation and insiders - Reduction of mining profitability
  20. Any financial investments have both pros and cons. Before investing your own funds in cryptocurrency, you need to assess the risks. Advantages: - Public authorities may not close the investor's account or impose restrictions on its actions; - Payments cannot be tracked; - High growth prospects; - Different investment options (long-term and speculative) - Wide range of assets. Risks of investing in cryptocurrency: - Inability to cancel the transfer; - A large number of fraudsters and hackers; - Lack of protection by law; - Lack of market stability.
  21. In my opinion, the best ICO/IEO are held here, on which you can earn money.
  22. The Water coin participates in PONY races with a pamp at 5 BTC
  23. Keep in mind that this toy is just a gambling pastime, and no more. Here you can both increase your balance and lose. So do not treat Dice on Yobit as something special, something that can brighten you in a few minutes or seconds.
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