This media is not supported in your browser
VIEW IN TELEGRAM
1 million SOUL now, or 100 000 in a few years?
We hope that you have learned how to withdraw SOUL to your crypto wallet 👨🎓
But before you send SOUL to the exchange, you need a little ether to pay for the transaction 🤭
And we have made a guide for you on how to easily buy ether on Binance 👨🏫
Click on the links to become more experienced in the world of cryptocurrency
But before you send SOUL to the exchange, you need a little ether to pay for the transaction 🤭
And we have made a guide for you on how to easily buy ether on Binance 👨🏫
Click on the links to become more experienced in the world of cryptocurrency
Trader turned $600 USD into $20 000 USD 👏
Recently, on the Poloniex exchange, the price of the BNB token paired with BUSD dropped from $27 USD to 8 cents 🤯
This happened by user mistake. He wanted to sell the weakening BNB in a pair to USDT, but he was mistaken and chose a pair of BNB/BUSD 😱
The fact is that the volume of orders for the sale of BNB for BUSD on the said exchange does not exceed $1 000 USD
The low volume of liquidity in this pair makes it prone to manipulation 📉📈
Another trader took advantage of this by placing buy orders for $600 USD, and within an hour selling the purchased BNB for more than $20 000 USD 💸
What do you think about this?
Recently, on the Poloniex exchange, the price of the BNB token paired with BUSD dropped from $27 USD to 8 cents 🤯
This happened by user mistake. He wanted to sell the weakening BNB in a pair to USDT, but he was mistaken and chose a pair of BNB/BUSD 😱
The fact is that the volume of orders for the sale of BNB for BUSD on the said exchange does not exceed $1 000 USD
The low volume of liquidity in this pair makes it prone to manipulation 📉📈
Another trader took advantage of this by placing buy orders for $600 USD, and within an hour selling the purchased BNB for more than $20 000 USD 💸
What do you think about this?
This media is not supported in your browser
VIEW IN TELEGRAM
What do people say when they find out about your interest in crypto?
How secure is Bitcoin blockchain
Let's imagine
-Everyone has a computer that generates
27,000,000 wallets per second
and
-Imagine that the power has grown 40 times to
1,000,000,000 generated wallets per second
and
-You have
x1,000,000 computers
and
-Every person on earth has such parameters
x7,000,000,000
and
-Wallets are generated over 100 years
x3,000,000,000 seconds
and
-The Earth has
x1,000,000,000 copies
We get this number
5,878,656,000,000,000,000,000,000,000,000,000,000,000,000
It has 43 characters
And in the bitcoin blockchain, the maximum number of all wallets has 2^160=49 characters
For 1000 years of performing all of the above actions, we will have a 1 in 1,000,000 chance of creating an already existing key.
Let's imagine
-Everyone has a computer that generates
27,000,000 wallets per second
and
-Imagine that the power has grown 40 times to
1,000,000,000 generated wallets per second
and
-You have
x1,000,000 computers
and
-Every person on earth has such parameters
x7,000,000,000
and
-Wallets are generated over 100 years
x3,000,000,000 seconds
and
-The Earth has
x1,000,000,000 copies
We get this number
5,878,656,000,000,000,000,000,000,000,000,000,000,000,000
It has 43 characters
And in the bitcoin blockchain, the maximum number of all wallets has 2^160=49 characters
For 1000 years of performing all of the above actions, we will have a 1 in 1,000,000 chance of creating an already existing key.
This media is not supported in your browser
VIEW IN TELEGRAM
Hurry up, Soulers! 🔥
1 day left before the end of the competition! ⏰
4 prize places
-20 000 SOUL for each 💎
-The dragons that you create will be in our game 📲
Rules:
-Download your character's body parts folder 📂
-Create your dragon piece by piece from the set 🧟♂️
-Send in the comments indicating your nickname in the game and the name of the character 👇
1 day left before the end of the competition! ⏰
4 prize places
-20 000 SOUL for each 💎
-The dragons that you create will be in our game 📲
Rules:
-Download your character's body parts folder 📂
-Create your dragon piece by piece from the set 🧟♂️
-Send in the comments indicating your nickname in the game and the name of the character 👇
This media is not supported in your browser
VIEW IN TELEGRAM
We haven't had an AMA for a long time! 📆
Do you want to ask questions in a live chat to member of our team? 😇
Do you want to ask questions in a live chat to member of our team? 😇
Last time we talked about proof of work. We promised that if you want to know about Proof of Stake, we will tell you about it too. We promised we did 💪
Proof of Stake does not use a lot of computer power. The user receives a reward by becoming a validator. There is a minimum amount of cryptocurrency that you need to possess.
What the validator needs to do:
-Buy the required amount of cryptocurrency, if there is none
-Configure the server on a regular computer
-The computer must always be running, have an internet connection
-Connect as validator
-Get % of the deposited amount of cryptocurrency.
An example on Ethereum 2.0:
-Buy at least 32 ETH, or more if you like
-We set up a server on a computer, worth $700 USD
-We make sure that everything works properly.
-We receive % of the profit from blocked tokens. Blocked money make more money 💰
Count:
-Costs = $ 20,300 USD
-Income per year = $ 3,300 USD
-16.75%/year (1eth=$613 USD)
-Doubling, taking into account that the exchange rate will not change = 7 years
Pluses:
-In the competition for a big reward, you are not buying rapidly aging computer equipment. You get more reward by stake more cryptocurrency that will be relevant for a long time
-It all depends on your responsibility. Stable server - no disruption penalties
-It's more energy efficient
Minuses:
-The minimum entry threshold can be quite high, depending on the cryptocurrency you choose for Proof of Stake. For example Ethereum 2.0 requires a minimum of 32 ETH, or $19,500 USD.
-Proof of Stake does not use many blockchains and there may be different errors depending on the network.
Conclusions:
Proof of Stake is a good alternative to other types of mining, given the rising price of cryptocurrencies and energy efficiency. A high entry threshold will alienate most users.
Fortunately, there are alternatives in the form of Nominated Proof-of-Stake. In this type of staking, the user does not need to have a large amount of financial resources.
Want to know about Nominated Proof-of-Stake? 😇
Proof of Stake does not use a lot of computer power. The user receives a reward by becoming a validator. There is a minimum amount of cryptocurrency that you need to possess.
What the validator needs to do:
-Buy the required amount of cryptocurrency, if there is none
-Configure the server on a regular computer
-The computer must always be running, have an internet connection
-Connect as validator
-Get % of the deposited amount of cryptocurrency.
An example on Ethereum 2.0:
-Buy at least 32 ETH, or more if you like
-We set up a server on a computer, worth $700 USD
-We make sure that everything works properly.
-We receive % of the profit from blocked tokens. Blocked money make more money 💰
Count:
-Costs = $ 20,300 USD
-Income per year = $ 3,300 USD
-16.75%/year (1eth=$613 USD)
-Doubling, taking into account that the exchange rate will not change = 7 years
Pluses:
-In the competition for a big reward, you are not buying rapidly aging computer equipment. You get more reward by stake more cryptocurrency that will be relevant for a long time
-It all depends on your responsibility. Stable server - no disruption penalties
-It's more energy efficient
Minuses:
-The minimum entry threshold can be quite high, depending on the cryptocurrency you choose for Proof of Stake. For example Ethereum 2.0 requires a minimum of 32 ETH, or $19,500 USD.
-Proof of Stake does not use many blockchains and there may be different errors depending on the network.
Conclusions:
Proof of Stake is a good alternative to other types of mining, given the rising price of cryptocurrencies and energy efficiency. A high entry threshold will alienate most users.
Fortunately, there are alternatives in the form of Nominated Proof-of-Stake. In this type of staking, the user does not need to have a large amount of financial resources.
Want to know about Nominated Proof-of-Stake? 😇
The structure of thought, sharp questions, how to retire and come to invest in crypto projects - in a cool interview with Joseph Sanchez... Read more 🔥