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What is Penguin Coin and what is Penguin Coin Penguin Coin is a digital currency and an encrypted asset issued based on Ethereum. It is a digital financial system driven by public, private, and decentralized smart contracts. It can be used for transactions and for purposes such as purchasing goods and services. Currently, there are only two types of cryptocurrency circulating on the market: one is the new ERC20 version designed for users to hold Bitcoin; Another type is to provide other functions such as pledge or liquidity mining services,…

What is Ethereum Wallet and what is Ethereum Wallet In Bitcoin, Litecoin and other Cryptocurrency markets, wallets are generally regarded as a secure means of storage. However, although many users use this method, it also has drawbacks: they need to manage and trade through wallets. Therefore, when you have a certain form of wallet, you cannot access the platform and send it to another person; Or if the wallet itself does not support these assets, you will not be able to interact with them or engage in any interaction Ethereum…

What is token sales TokenOffering is an interactive way between Cryptocurrency traders and investors, because it allows people to gain profits by buying assets in the market According to a recent survey released by CryptoSlate, 70% of respondents stated that they have completed their investment in token sales; 60% of people are not aware of the risks brought by this investment and view it as a high return strategy. The total number of these participants exceeds 500000, many of whom claim to have raised at least $100 million for such…

What is an SPV wallet According to official sources, the SPV wallet is currently one of the most popular swap wallets. It uses a token created based on the ERC-20 standard, and the way users deposit and withdraw their assets in their wallets is different from the traditional SWAP method Users can access a liquidity pool and receive transaction fees through the SPV wallet, without having to make purchases through the exchange, as these fees will be directly sent to the LP. The SPV wallet allows anyone to provide funds…

what is insurance currency insurance currency is a decentralized insurance protocol based on Ethereum, which is automatically executed by smart contracts. Users can obtain security tokens as insurance benefits through the platform by mortgaging assets; According to the White Paper of NSURE, for each NSURE issued, one NSURE (representing a native token) will be minted and distributed to participants in a certain proportion. Each NSURE can only exchange one corresponding insurance premium, depending on the number and holding of pre prepared NSURE tokens. The NSURE token is mainly used to…

What is a gas miner and what is a gas miner? What is gas miner? This article will introduce a method to solve these problems First, the gas cost of running a node on Ethereum is fixed and constant (unchanged). Due to the high transaction costs on the blockchain, anyone in the network can create a block and broadcast it to other users. This resulted in the transfer fees of everyone in Ethereum network being too expensive and could not be paid. If it were not for the influence of…

What is BCH coin and what is BCH coin bCH is a Open-source software based on Bitcoin Cash. In terms of protocol, it is designed to store transaction data on a distributed ledger; It adopts the SHA256 algorithm, which enables every transaction in the network to be verified, accepted, and confirmed; BCHN is operated by a blockchain manufacturer composed of major participants in blockchains such as BTC and ETH. Since the system does not use Cryptocurrency to counter 51% attacks, developers need a reliable network to do these jobs. Why…

what digital Cryptocurrency is the most popular on December 19, 2018, according to a report released by CoinShares, an investment institution of Cryptocurrency, although the price of bitcoin has plummeted, the total market value of other digital tokens has increased five times. The most popular digital asset among them is XRP (Ripple), with a market value of up to $800 million But at the beginning of 2017, the encryption market collapsed, and many investors turned to encryption projects such as Bitcoin and Ethereum to hedge their losses. At the end…

What affects Bitcoin as a decentralized Cryptocurrency has changed a lot in the past 12 months. With more and more attention paid to the digital asset industry, various investment methods have changed, and some even believe that this technology can completely overturn the existing financial system. But for those who are not familiar with Bitcoin, there are also some misunderstandings and confusion, including views on the future of Bitcoin and some influencing factors behind it. (Of course, many of the problems we see now do not come from the impact…

What platform can mine Bitcoin According to Coincryptorama, what platform can mine Bitcoin? What platform can mine Bitcoin. According to market data, on May 18, 2018, the global Cryptocurrency market price once exceeded the $20000 threshold, and now it is fluctuating above $29000, up 8% within 24 hours, but then began to reverse. As of 10:30 today, Bitcoin temporarily reported $9250, and the current price was $8900; Ethereum now reports US $6280, and the current quotation is US $3298, with a 24-hour decline of 14.7%. Its market value is about…

What coin is easy to dig now is easy to dig, the list of popular items 1, Litecoin Litecoin is a digital currency based on Bitcoin. At present, all the mainstream transactions are Binance and Okex. There are also some other counterfeit coins in Ethereum, such as Litecoin and Monero. Litecoin has been very popular recently. Many people regard Litecoin as a good hedging tool, because it can be used to do all kinds of things: 1. One of the issuers of decentralized storage of Litecoin is Satoshi Nakamoto team,…

What currency can be fried? What currency can be fried? There are already many digital currencies in the market, and Almost all Cryptocurrency can be traded except Bitcoin. For example, Ethereum and Litecoin. The prices of these tokens fluctuate greatly at high levels, so the prices are easily influenced by various factors. According to some data statistics websites, as of June 30th, more than 30000 active addresses have participated in mining activities In addition, many project parties purchase and sell encrypted assets or counterfeit coins on platforms (such as BNB)…

What supports Bitcoin operation According to Bitcoin messages, what supports Bitcoin operation? We are now preparing to release a series of new features to help you implement these features. This includes a software wallet for sending, receiving, and storing Bitcoin (such as WrappedBitCoin or BCH). The wallet also provides some local transaction types and other services: users can use it for payment, such as transfer and transfer. In addition, a secure port can be set up to allow people to easily access the Bitcoin blockchain network Support Bitcoin settlementAccording to…

What is a pure bit economy? What is a pure bit economy? What is a pure bit economy? In the blockchain industry, our common concept is “pure bit” Simply put, if a project wants to succeed, it must first understand the connotation and core technology, product design, and team background of the project. Only through technical analysis and market promotion of the project to ensure its quality can its value be truly realized. In this case, the so-called pure bit economy is equivalent to investing all funds on one platform….

What is Bitcoin Cash and what is Bitcoin Cash? What is Bitcoin Cash cash Bitcoin Cash is the first block protocol to realize point-to-point (P2PC) payment, and it is also the most common Cryptocurrency in the world at present. Its main purpose is to conduct transactions and store value as an exchange medium. In the past few months, we have seen many developers begin to use blockchain technology to build their own digital asset solutions Bitcoin Cash adopts the consensus mechanism of “Proof of work”, which eliminates the trust problem…

What is data currency? What is data currency Today we will talk about the concept of blockchain and some things related to Cryptocurrency 1. What is the relationship between Bitcoin and Ethereum On the basis of Bitcoin Cash, Bitcoin Cash and Ethercoin are added, which means that Bitcoin will exist as a means of value storage. As the development of Bitcoin approaches the gold standard, people are starting to look for alternative assets. For example, a large number of people have purchased digital currencies, including Bitcoin Cash Cash (BCH), Litecoin…

what is a blockchain Replay attack According to Coindesk, a blockchain is called an “encryption attack”, which obtains control over the protocol by sending some transactions to other nodes. Due to the fact that most on chain operations are completed through single or multiple validations rather than network synchronization, these behaviors may be one of the reasons why hackers are more likely to adopt this solution. Blockchain replay “is a technical term because it relies to some extent on the interaction process between multiple clients and nodes. This usually happens…

What are blockchain technology features Blockchain technology is a form of distributed computing that has characteristics such as immutability, transparency, and traceability. Specifically, it is a technical feature of maintaining the uniqueness of data without changing rules, which is very similar to the principle of Cryptography in traditional computer systems; Another special technical feature is the implementation of decentralized peer-to-peer network protocols based on a consensus mechanism that ensures the information security or consistency of both parties to the transaction without human intervention; Another new technological feature is the use…

What is worth digging for and what is worth digging for Bitcoin is a store of value, but it does not have the characteristics of currency, Scarcity and stability. It can serve as a medium of exchange or commodity for transactions, as well as a means of payment or financial products for daily purchases and circulation The price of Bitcoin fluctuates greatly, therefore there is also speculative behavior; The decline in Bitcoin prices will cause investors to waver in their faith in it; When there is no consensus on a…