bitcoin and Ethereum

29 Followers

Bitcoin (BTC) Overview: Bitcoin is the first decentralized digital currency, created in 2009 by an anonymous entity known as Satoshi Nakamoto. It operates on a peer-to-peer network that allows users to send and receive payments without the need for a central authority. Key Features: Decentralization: Bitcoin operates without a central bank or single administrator, making it resistant to censorship and interference. Blockchain Technology: Transactions are verified by network nodes through cryptography and recorded in a public ledger called a blockchain. Limited Supply: Bitcoin has a capped supply of 21 million coins, which adds to its scarcity and potentially its value over time. Security: Bitcoin's network is secured by miners using proof-of-work consensus mechanisms, making it highly secure against attacks. Use Cases: Digital Gold: Often referred to as digital gold, Bitcoin is seen as a store of value and a hedge against inflation. Peer-to-Peer Transactions: Enables borderless and low-cost peer-to-peer transactions. Investment: Bitcoin is popular as an investment vehicle, with numerous financial products like futures and ETFs based on it. Advantages: Security and Immutability: High level of security and immutable ledger. Global Acceptance: Widely accepted and recognized as the first and most valuable cryptocurrency. Liquidity: Highly liquid, making it easy to buy and sell. Challenges: Scalability: Limited transaction speed and high fees during peak times. Energy Consumption: Bitcoin mining consumes a significant amount of energy. Regulatory Concerns: Subject to regulatory scrutiny and potential future regulations. Ethereum (ETH) Overview: Ethereum is a decentralized platform that enables developers to build and deploy smart contracts and decentralized applications (dApps). It was proposed in late 2013 by Vitalik Buterin and development began in early 2014, with the network going live on 30 July 2015. Key Features: Smart Contracts: Self-executing contracts with the terms of the agreement directly written into code. They automatically enforce and execute agreements when predefined conditions are met. Ethereum Virtual Machine (EVM): A decentralized computation engine that executes smart contracts. It allows developers to create and deploy dApps. ERC-20 Tokens: A standard for creating tokens on the Ethereum blockchain, widely used for initial coin offerings (ICOs) and other token-based projects. Decentralized Finance (DeFi): Ethereum is the backbone of the DeFi movement, enabling the creation of decentralized financial services like lending, borrowing, and trading. Use Cases: Smart Contracts and dApps: Enabling complex programmable transactions and applications without intermediaries. DeFi Applications: Powering a wide range of financial services that operate in a decentralized manner. Non-Fungible Tokens (NFTs): Ethereum is the leading platform for creating and trading NFTs. Advantages: Flexibility: Supports a wide range of applications beyond just currency, including smart contracts and dApps. Active Development Community: Large and active community of developers continually improving the platform. First-Mover Advantage in DeFi and NFTs: Leading platform for DeFi and NFT projects. Challenges: Scalability Issues: Like Bitcoin, Ethereum has faced challenges with transaction speed and high fees, though efforts like Ethereum 2.0 aim to address these. Complexity and Security Risks: Smart contracts are powerful but can be complex and prone to bugs or vulnerabilities. Regulatory Uncertainty: Faces similar regulatory challenges as other cryptocurrencies. Comparison Summary Purpose: Bitcoin is primarily a digital currency and store of value, while Ethereum is a platform for decentralized applications and smart contracts. Technology: Both use blockchain technology but serve different purposes. Bitcoin focuses on secure, decentralized transactions, whereas Ethereum provides a versatile platform for various applications. Supply: Bitcoin has a finite supply of 21 million coins. Ethereum currently has no hard cap on its total supply, but this might change with future updates. Use Cases: Bitcoin is mainly used for value transfer and storage, whereas Ethereum's smart contract capability enables a broader range of applications, including DeFi, NFTs, and dApps.

Gospel Music / Puppet Videos for kids

24 Followers

As a songwriter/singer, my most popular song is \'I Want Us To Be Together In Heaven\', which has been recorded my many groups in the U.S. and Canada. It has also been published in songbooks in the U.S., Canada, Haiti, and other countries. [Just email me for a free copy of the sheet music.] \'Carol Mc\'s Family Hour\' was my TV show, aired in the 1990\'s...the puppet videos are from that show. I have also written many books [most for children], which I will gladly email free copies to all who send an email request. God Bless! \'I Want Us To Be Together In Heaven\'!

Humanity Verified

20 Followers

🙏🏼💚💛❤️Subscribe በማድረግ እውነትን እናዳርስ💚💛❤️🙏🏼 We stand for Humanity and unity not for Ethnic Federalism rather provinces Federalism. At the end of the day We all are Humans not expressed as politicians described or labeled us By Ethnic language ,region or Kilil. We are from soils we are for soil we will be eventually be soils Not the soil is ours. So please think like humans and live like Humans not as beasts living like politicians teritored you in Kilil.We Humans have rights to speak our God created language respect each other.We have right to travel and move from place to place to create social bases. That does not make us beasts to claim this is my area like animals which puts territory by urinating around where it lives. Humanity integrity respect and unity is the target of this media platform. Use it share it subscribe it support it and be the voice of voiceless. Thank you

LetsGrowTogether1309

17 Followers

Welcome 🤍 Grow with me…This channel is inspired by my love of reading, writing and my experience with Christ during one of the most difficult time in my life. It is there to help people with things that I might have found difficult in the past and also research done of questions that people might have. I am not a pastor or anything, just another sister in Christ who would love for you to join me in this journey as I navigate the challenges of life as a christian and lessons learned, let us grow together. Please subscribe for support 💞 Tiktok: https://www.tiktok.com/@letsgrowtogether1309?is_from_webapp=1&sender_device=pc Website: http://letsgrowtogetheruk.wordpress.com