Author: misamaliraza94
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What does money printing really mean?
Learn CryptoSep 08 · 8 min read The problems with unchecked money creation Why governments keep growing national debt Kicking the debt can down the road Bitcoin – schmuck insurance Crypto thrives on memes and one of the most popular is the message of governments spending their way out of economic problems, with the ‘money…
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How Bitcoin transaction fees work
How much traditional financial transactions cost Bitcoin’s on-chain transaction fees Bitcoin transactions for low fees at Lightning speed How to minimise bitcoin transaction fees Bitcoin was created as an upgrade to the legacy financial system, giving more people access to banking, and making transactions faster and cheaper. Sending bitcoin isn’t, however, free, and fees can…
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How does an NFT have value?
What is an NFT? Scarcity & intrinsic value The role of hype Innovation & the future of NFTs On June the 10th 2021, a 24 x 24 pixel digital image of a punk alien was sold for the equivalent of $11.75 million, which equates to over $20k for a single pixel. Simply described as Punk…
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Five tips for crypto investing
Always do your own research (DYOR) Don’t invest what you can’t afford to lose Discover what Survivorship Bias means Take a slow & steady DCA approach If you’re looking to invest in crypto you might be tempted to follow colourful influencers on Youtube, TikTok or Twitter, promising massive overnight gains. Sadly, crypto, and life in…
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What’s wrong with leveraged crypto trading?
If you’re interested in the dynamics of crypto markets you’ll need to understand how leverage works. Leveraged crypto trading is a technique that enables you to make trades up to 100 times bigger than your capital would normally allow, amplifying both the potential gains and losses. This type of high stakes trading should be reserved…
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What are the opportunities to build within Ethereum?
The genius of Vitalik Buterin was recognising that for a trustless cryptocurrency ecosystem to grow it needed a common language and a common set of economic standards. By providing this Ethereum does all the heavy lifting for supporting creators of digital applications, you just have to come up with a problem that will benefit from…
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5. Smart Contracts, dApps & Gas
Smart Contracts are written in a programming language specific to Ethereum, called Solidity, which for anyone with a programming background (especially Javascript) shouldn’t present a huge challenge to learn. Smart Contracts are stored within the EVM, with their latest state reflected in the most recent block in the Ethereum blockchain. A few lines of code…
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Ethereum’s Architecture
Overview of Ethereum The EVM – Ethereum Virtual Machine The Ethereum blockchain & consensus method ETH & its Tokenomics Smart Contracts, Gas & dApps Nodes Clients & Networks Accounts & Transactions 1. Overview of Ethereum Ethereum is a distributed computing network that rents out its processing power through something called the Ethereum Virtual Machine (often…
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What is Ethereum’s architecture?
What you’ll learn: What Ethereum does An overview of its architecture An outline of the core Ethereum components Some of things you can build on Ethereum What is Ethereum? Ethereum is a blockchain-based system where anyone can build and securely deploy any digital service without going through a formal, centralised approval process – such as…
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Using A Hosted Bitcoin Mining Service
A better approach might be to use a service that hosts a mining rig for you. You pay for the machine and the electricity but everything else is taken care of. You can see your ROI via a dashboard and even work out a breakeven point. Here is an example from Compass Mining. Summarising the…