Cryptocurrency for beginners
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Cryptocurrency uses blockchain technology which is a database that keeps records of cryptocurrency totals and transactions. Blockchain technology stores data in blocks linked or chained together in a chronological order in a distributed ledger that can be viewed by cryptocurrency users. That said, cryptography is a way of making blockchain secure by cryptographic codes, allowing users to access but nearly impossible for an unauthorized user to have access to the database.
Cryptocurrency prices
No list of top cryptos would be complete without Bitcoin (BTC), the OG cryptocurrency and undisputed king of the market. Currently accounting for a whopping 60% of the overall crypto market capitalization, Bitcoin remains the bedrock of the digital asset space.
Play-to-earn (P2E) games, also known as GameFi, has emerged as an extremely popular category in the crypto space. It combines non-fungible tokens (NFT), in-game crypto tokens, decentralized finance (DeFi) elements and sometimes even metaverse applications. Players have an opportunity to generate revenue by giving their time (and sometimes capital) and playing these games.
For long-term-focused investors, SPX’s rise validates that meme coins are not just speculative or humorous plays anymore but can also deliver durable returns when backed by a diamond-handed community and a compelling mission.
The technology is not without risks. Facebook plans to issue its own cryptocurrency called Diem intended to make digital payments easier. Unlike Bitcoin, Diem would be fully backed by reserves of U.S. dollars or other major currencies, ensuring stable value. But, as with its other ostensibly high-minded initiatives, Facebook can hardly be trusted to put the public’s welfare above its own. The prospect of multinational corporations one day issuing their own unbacked cryptocurrencies worldwide is deeply disquieting. Such currencies won’t threaten the U.S. dollar, but could wipe out the currencies of smaller and less developed countries.
Whatever Bitcoin’s eventual fate, its blockchain technology is truly ingenious and groundbreaking. Bitcoin has shown how programs running on networks of computers can be harnessed to securely conduct payments, within and between countries, without relying on avaricious financial institutions that charge high fees. For migrant workers sending remittances back to their home countries, for instance, such fees are a major burden. Technologies that make payments cheaper, quicker and easier to track would benefit consumers and businesses, facilitating both domestic and international commerce.
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Chocolate City Releases New Women’s Month-themed Compilation Titled “SHERO.” Whether you are spending this International Women’s Day working hard or enjoying a well-deserved day to relax, these empowering bops will surely get their celebration off to a strong start.
Kwame Eugene was born to Alex and Juliana Marfo in Akim Oda, Ghana, and signed under the imprint of Lynx Entertainment. in June 2018, he released the single “Wish Me Well”, which was in response to the negative comments he received on social media, some of which alleged he was stealing lyrics from another artist. Rockstar has successfully sculpted out a distinguishable identity for himself by establishing a niche in the market. Nevertheless, the new self-produced soundtrack tagged, Cryptocurrency featuring Rotimi is another great entry, to keep your playlist going. Stream, download, and share with other music folks out there.
Combine ‘AI-bitcoin-space centre futurism’ with African royalty and bling galore, and you’ve got yourself Kuami Eugene’s brand new music video. It’s a visually captivating affair that provides a perfect backdrop to the lush vocals and melodies of dream team Kuami and Rotimi. With floating watches and foil metallic trousers, this tongue-in-cheek offering is just the breath of fresh air we needed.