The Crypto Quiz | Reward Pool of 5 STEEM and Booming

in hive-109435 •  last year 

Hello Steemians! I'm proud to participate in this Crypto writing contest @steemdoctor1. Most especially as a lover of cryptocurrency, I would sincerely say that 21st century cannot survive without Cryptocurrency. It's the leading business.

Everyone want crypto. Both children and Elders. School is like a scam to them, infact they even pronounce in songs.

Crypto is the Leading business. Become one and see yourself prosper.

6VvuHGsoU2QBt9MXeXNdDuyd4Bmd63j7zJymDTWgdcJjo1Vx5ntdWLXiGZmv4G8qGUJ8BdSmCMxM4a1sVfuSoggsJqXfUGQP9ZkaKqhRQEBcm5iFvuaqRrLcG3Aaaa.png
Image from Contest

What is a Blockchain?

According to synopsys.com, A Blockchain is a decentralized, distributed and public digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the consensus of the network.

What do you know about Centralized Blockchains?

Centralized Blockchains are faster and more efficients than the decentralized Blockchain. But they are more vulnerable to attack, because they have bigger chances of getting compromised.

Centralized Blockchain does not have a filtered password, although some mobile productions request for second-step authentication. Yet, security is 25% assured.

An hacker can break into your accounts with fewer verification codons without your consents and destroy your presence. That only happen with centralized networks also known as centralized Blockchain.

Centralized Blockchain would hardly monetize your account for earning abilities. There are doors for carrying out those functions. If one desire to have a monetized account, such personality is required to must have undergone certain requirements for eligibility. In absence of that, it becomes impossible.

For instance Facebook request for members to have 5000 plus followers before the page can be monetized. Facebook is centralized. Twitter, LinkedIn, Telegram, WhatsApp and Instagram plays the same function. Even if they have different dimensions of operation. They are all centralized.

Share your thoughts about the Decentralized Blockchains

@Steemit is an example of Decentralized Blockchain. The account is secure, and can hardly be accessed by immaterial stealers (hackers) unless you grant them accessibility.

Unlike Facebook and other centralized Blockchain, Decentralized Blockchain is the best. Every reactions implemented by the profilers are monetized and it really safe ones time. I could remember how long I've wished my Facebook page to be monetized. It never happen, but Steemit change the story to something better.

I invite @bossj23, @ngoenyi and @usoro01 to participate

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
Loading...