Steemit Crypto Academy Contact |S12W5 |Understanding Slashing in Crypto "

Iam @shabbir86
From pakistan

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Steem4bloggers community

Hope everyone is doing well and thankful for the blessings of Allah, Friends, here is a great topic that I am here to discuss Understanding Slashing in Crypto. For and to answer the given questions, I am here.Here is the fifth week of Season 12 and one of the best contests I have ever attended.

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As we all know that slashing means reducing anything i.e. reducing its quantity for example if we buy anything like we cook food buy vegetables or fruits etc. When we buy it, we have to cut certain parts of it etc. and those parts that are there are redundant, so they go out and its real influence, which is the real thing, is lost in our hands, the cryptocurrency that it is.

On top of that, the tools etc. are working and continuing their original influence. Those who are its stakeholders bring it down at their own will and the rate of this crypto-currency goes up slowly. This means that reducing the quantity increases its actual influence and it starts to grow, just like anything that grows, cryptocurrency also grows by itself.

Taking something in the form of tokens or assets from authenticated people is actually a kind of punishment. On both platforms, people do wrong, try to get something wrong, but they are punished. They should implement better performance and play an outstanding role in them. Whenever a stakeholder is found to be involved in some wrongdoing, he/she has to face deductions, for example, he/she may face several types of serious penalties. One has to face things and suffer the consequences.

Do all blockchain use slashing ?

The stakeholders are actually the verifiers of the blockchain and are verified members who are on the proof-of-stake POS mechanism. That is clearly circumstantial evidence and we can know and it has been proven that the China platform that others are based on Gratham and that is PowdPospo.

This is because the validator has to stake his tokens in the blockchain, which is a kind of bet that can be made in any way that is similar to gambling. All these tokens have to be staked, so there is no need for those from other blockchains, which means that it has become clear and we can say that what POS is. In this all the process of all is completed and everything in it becomes possible in which the major stakeholders lose some part of their tokens. Know that if this item is misused and mishandled, the tokens lose what they are as a penalty.

As we know, anything that is held in a certain security can be very valuable, and as such it is a tarnished token which is slashing the injector who has a substantial share of his/her share. It has to be lost and there are tainted tokens U. For example, they mark them and play an important role in providing a certain type of security and that is why these tokens which have a Special actions are taken and the stakeholders who are keeping security on them, especially those

involved elements are punished immediately most of the time based on bad intentions they are supported by the stakeholders. Some punishment is immediately given, a certain amount is cut off from their tokens, for example a certain part is cut off as a warning to them not to make the same mistake in the future. Rather, they have a lot of security provided as we know that if the same representative signs twice, we can know that he has misbehaved.

It means that the same thing is being emphasized and the behavior in it is different, it is not possible, but if it is discussed in this way, the whole system will be divided among itself. And it will be difficult to act on it, many times instead of difficult, it becomes impossible to act, but all these things are controlled with great difficulty, if I will give you an example.

That if one verifier joins with another describer and they get mixed up, then in this way the system that is can go forward and this chain can be confused and the whole system that is is this. Can be damaged.

If a validator provides incorrect information, the system that follows may be malicious and all of these activities lead to stakeholders who own a particular token share. That which is may have to be civil so that all the process of all is done with full honesty so that no malice is proved anywhere for any reason and malice is not exposed in any way and the whole process of pura which It should be done with all honesty.

Now moving towards the Example...

As I mentioned before, mostly the punishment that is given to the verifiers is the slashing mechanism that is put in place to protect all of them and take care of all of these stakeholders and they Keep in mind that just as security is used to take care of something valuable, so does security.

Now I will give you another example of ethereum and explain all these things that if a stakeholder joins in malice and joins together and joins together, that is a wrong intention. If he chooses, he loses part of his tokens. They will lose all their tokens that they have. This is how a particular system of Ethereum works and that's how it works.

I must always keep in mind that if we are working for a stakeholder and we want to vote for anyone in what we are, first of all we have to do a thorough check of who we are. This person is actually doing the right thing, doing it honestly because it has your wits about it once you know how you did it.

It has to be done and its complete data must be checked whether it has not been involved in any shady activity in the first place or should be told about it by a person who already has a lot of power. We should avoid passive and non-verifying people and ensure that all these things are already working. is and owns what is best theory and running a complete platform system forever should send what is otherwise all these things should be avoided so as to avoid any deception or fraud. Can be avoided.

If we talk about the current Steem blockchain, there cannot be any kind of reduction in it as I have told you that if there will be any kind of reduction as you already know this STEAM project. As we know, the more SP delegates we get, the more we will benefit as we know that the more votes a SP delegates, the sweeter it is and in this mechanism if we talk about it.

Before implementing Joe Hai on Steam, the Steamer team will fully understand its pros and cons and will implement the project in the best possible way, and all its stays on the holder of the Steam blockchain. The more steam you stake, the more votes you will get and the more benefits there will be. There are also many pitfalls and obstacles that need to be taken into account. Slashing on the stream blockchain has many advantages, the main reason being that it provides complete security and a liability.

demonstrates and if this team and the team will implement this process, it will do it keeping all these things in mind and knowing all the complete processes of all of them, it will determine what this process is. What are its disadvantages, what are its advantages and what more benefits can be obtained from them in the coming time, all these things will be taken into consideration by the Steemit team.

It has many other advantages that the slashing mechanism will in a certain way help people to work honestly and prevent all the things that are done wrongly and in a better way. will fulfill its responsibility. For example, some people try to get upvotes in a wrong way, which seriously affects other users who are working honestly. She will act accordingly.

Slashing so seekers are punished for their misdeeds in a special way so that they don't apply their malice here in any way, so there are a lot of pitfalls. But it also has benefits that we can get if I talk, I will talk to you first about their benefits that we can get benefits from it.

Advantages One advantage of slashing is that it helps verifiers to work honestly, for example some people do things wrong. There are those who act on their bad intentions and cannot act honestly, rather they are given a special responsibility which they prove to be helpful in their

negligence, but first of all, it makes you as a Security also works better, there is a security in charge of people who do things wrong, it can also work, there are countless other benefits that we can get going forward. There are and more in it

One of the drawbacks of the slashing mechanism is that it can unfairly exclude people from their role in the work they are doing, and other and more complexities can arise in what they are doing. For example, some people overcomplicate their behavior, it can

penalize people abnormally, it can discourage people abnormally, and many others. There are more complications and there are many defects which are as follows and we can know all these things better. Are there any flaws in it?

Conclusions

A decrease in crypto-stake means that all the people who are punished for their wrong and unfair behavior and the unfairness that follows them due to the sloppiness are completely unaccounted for. It becomes active and all that is under the POS system, all that is, it becomes inactive and in the process they have tainted tokens, they completely lose it and it is their own. Tokens are lost and their personal ownership is lost.

I would like some steemit friends @patjewell @josepha @elrazi @beautiful12 to take part in this contest

Best Regard
@shabbir86

Special mention
Great professor @kouba01