BlogHide Resteemsveigo (76)in hive-183397 • 20 hours agoProof-of-Authority (PoA) and Delegated Proof-of-Stake (DPoS)The way PoA and DPoS work is that they are new consensus mechanisms being developed to scale back energy costs, and at the same time the efficiency and energy requirement are remarkably increased.…veigo (76)in hive-183397 • 2 days agoThe Role of Market Makers in Crypto Trading (01)The crypto sector is growing fast. In the fast-paced world of crypto trading, market makers play a pivotal role. Market makers help to ensure liquidity and stability within the market. In this…veigo (76)in hive-183397 • 3 days agoTrading Psychology and Crypto Emotions (Part 05)Emotion is a terrible thing for the crypto sector because there is a possibility of a trader losing everything. When a matter is determined by financial criteria, then emotion cannot play its job…veigo (76)in hive-183397 • 4 days agoTrading Psychology and Crypto Emotions (Part 04)Emotion is a very important issue in the trading sector. Controlling emotions is a must-do task for traders, but still we see many traders losing money due to losing emotions and sentiment. Although…veigo (76)in hive-183397 • 5 days agoTrading Psychology and Crypto Emotions (Part 03)In Continuation with the last part I want to share some traps am only used to change the training psychology of the investors and traders. Let’s talk about some common emotional traps that many…veigo (76)in hive-183397 • 6 days agoProperty Ownership and Land Registries - blockchain solutionsThe blockchain technology can provide revolutionary ways of owning property, in particular about land registries, with transparent, secure, and efficient identification of property transactions.…veigo (76)in hive-183397 • 7 days agoNotable Bitcoin forks and their motivationsBitcoin has gone through several notable forks during the years, which again created new cryptocurrencies with their unique characteristics. Most of the time, forks happen due to different ideas…veigo (76)in hive-183397 • 8 days agoHistory of BitcoinNine years ago, Bitcoin was launched. By that time, very few people had heard of the term or knew what it meant. The world’s social life was indifferent to the cryptocurrency. This is not surprising…veigo (76)in hive-183397 • 9 days agoDifferences between Bitcoin and various altcoinsThey have the same idea of a currency with no central authority, but Bitcoin and other cryptocurrencies, such as Litecoin or Dogecoin, differ in purpose, technology, and features. Bitcoin was the…veigo (76)in hive-183397 • 10 days agoThe concept of "digital gold" and Bitcoin as a store of valueBitcoin has been regarded as the digital incarnation of gold due to its role as a safe and reliable medium of exchange, thus it has become an attractive form of saving for people who don't trust…veigo (76)in hive-183397 • 11 days agoExplanation of transaction fees and why they varyTransactional fees are small compensations that users give out with each transaction in digital cryptocurrency to incentivize miners to process and add their transactions onto the blockchain. In…veigo (76)in hive-183397 • 12 days agoDouble-spending problem and how Bitcoin prevents itThe double-sppending problem is the ability of digital currencies to be spent more than once using the same asset, somewhat like counterfeiting the money in the virtual environment. This comes about…veigo (76)in hive-183397 • 13 days agoDifferences between Bitcoin's scripting language and Ethereum's smart contractsBoth Bitcoin and Ethereum have one or more programming languages that describe and execute transactions; each is designed for different purposes and differing levels of complexity. Bitcoin has a…veigo (76)in hive-183397 • 14 days agoThe process of creating and validating a Bitcoin transactionEvery process is followed while preparing and executing a transaction on Bitcoin, since this aims at a safe and direct transfer of funds on the blockchain. It starts with an initiator of the…veigo (76)in hive-183397 • 15 days agoTrading Psychology and Crypto Emotions (Part 02)In the last post I discussed with you the importance of psychology and emotions in the crypto sector. There some basics are discussed and basic concepts are given. Today's post will highlight the…veigo (76)in hive-183397 • 16 days agoMining difficulty adjustment and its impact on the networkDifficulty adjustment is a key concept in the design of the Bitcoin protocol aimed at ensuring that the Bitcoin system produces all 144 (or 6×24) 6 blocks per day, which is equal to an average of…veigo (76)in hive-183397 • 17 days agoThe role of miners in adding blocks to the blockchainMiners serve the critical function of expanding the blockchain through the use of new blocks, which makes it possible to sustain and make coherent lateral shifts in Bitcoin’s transaction record. The…veigo (76)in hive-183397 • 18 days agoHow mining secures the Bitcoin networkMining is critical, essential, and one of the mechanisms the Bitcoin system uses to implement transactions and save them onto the blockchain. Proof of Work, PoW, is the consensus criterion that will…veigo (76)in hive-183397 • 19 days agoUnderstanding Bitcoin's fixed supply and its implications for scarcityPerhaps the most defining characteristic of Bitcoin is its supply cap at 21 million coins, as dictated by its protocol. It is baked into the code of how Bitcoin works uniquely digital form of…veigo (76)in hive-183397 • 21 days agoRisks and challenges in DeFiWhile DeFi does have transformative potential in its impact on financial markets and innovation, there indeed are a great number of risks and challenges. First, there is an issue with smart contract…
