BitMEX Group is pursuing the ambitious goal of establishing a one-stop shop for regulated crypto products in Germany, Austria, and Switzerland, and thus becoming a strong player in Europe — in addition to our global ambitions. Read on to see how you can qualify for our new offers. From 20 January onwards, you can use our Crypto Converter to convert Bitcoin into Tether ERC — and vice versa — with more coin conversions to be introduced soon. Abstract: In this piece we attempt to compare and evaluate the differences in the blockchain size and data storage requirements, for Bitcoin and Ethereum. On the other hand, this metric is not a particularly useful comparison, as to learn useful information about the Ethereum network one needs to perform significantly more computations and generate far more data. BitMEX employs the latest in multi-factor security, inside and out.
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A cryptocurrency is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions, to control the creation of additional units, and to verify the transfer of assets. Cryptocurrencies make it easier to transfer funds between two parties in a transaction; these transfers are facilitated through the use of public and private keys for security purposes.
These fund transfers are done with minimal processing fees, allowing users to avoid the steep fees charged by most banks and financial institutions for wire transfers. There is no guest on this episode. If the information shared in these weekly conversations and interviews have helped you in your business journey, please head over to iTunes, subscribe to the show, and leave us an honest review.
Your reviews and feedback will not only help us continue to deliver great, helpful content, but it will also help us reach even more amazing entrepreneurs just like you! Joe: All right. This episode is going to be a duet episode. That means just Matt and I. But … other than the voices in my head. Joe: No. Matt: Mr. Joe: Mr. One the two block chain, cryptocurrency, Bitcoin podcasts that we have. Probably the first one is best because it gives you like a good overview. Matt: Yeah. The first episode is like the overview of blockchain, cryptocurrency, Bitcoin.
Why you should care. The second episode we did is all about trading, how to put it into wallets, how to earn it for free. Stuff like that. Which is a blogging platform that uses the blockchain called Steemit. All this stuff that we are already using online, everyday. Blockchain is starting to do that. Make sure you listen to those. Tega, our editor, make sure you link up those two little episodes with Michael Taggart in there. Matt: Check those out. Joe: Exact-o-mundo! All right. Matt, what the hell is Steemit?
Matt: Okay. Now before we really dive in, I do want to make a sort of disclaimer. My one month of experimenting is probably very, very intense compared to what most people have experimented with Steemit. Joe: The way that Matt experiments is definitely way deeper than most people I have ever known laughs. Explain what is Steemit. Steemit is a blogging platform that is sort of a cross between Reddit and Medium.
You are creating content on that platform that anybody can read, leave comments on, and find. Also Steemit has great SEO rankings. When you post content on there it actually ranks pretty quickly, similar to like Medium. When you write a blog post, or if you write a comment on a blog post, you can up vote the blog post or up vote the comment; or down vote the blog post, down vote the comment.
The stuff that gets the most up votes sort of rises to the top and becomes the most visible in the trending section on this site. The stuff that gets down voted a lot kind of disappears into obscurity on the site. Then the additional element that makes it different from Medium and from Reddit is that you actually earn money when you get your stuff up voted and people enjoy your content.
It works with comments too. If you make really, really high value comments and people up vote your comments, you can actually earn money for having really good comments.
The rule of thumb is you make really, really high quality content. That is a cryptocurrency coin. It trades on the open market. You can buy the coins. The coins can go up or down in value. You can sell the coins. What Steem Power is, is the voting power you have on Steem. The more Steem Power you build up, the higher the voting power you have in the platform. Both on comments and on blog posts. The Steem Dollar is what you actually earn by curating or creating content.
When you create a new blog post and somebody up votes it. If somebody with a lot of Steem Power, meaning they have high visibility on the platform … if somebody with a lot of Steem Power up votes it, you actually make money in Steem Dollars.
Are you following me so far-. Joe: So you get paid out. Basically you can trade Steem on the market like Bitcoin or something like that.
Joe: Then you have Steem Dollars, which is what you get paid in, but that stays within the Steem ecosystem. Not like outside-. Joe: Got it. Matt: The better use of your Steem is to convert it into Steem Power. Get more voting power on the site. Then you can actually earn more because you can up vote your own posts. So the Steem Dollar you actually earn when you create good content that gets up voted, or good comments that gets up voted. Now the Steem Dollar you can cash out whenever you want.
Pretty much whenever I want. I want it. I want to put it in my pocket. Matt: It uses a site called Block Trade. If you click on it, it will send you to Block Trades where you can convert it out into Steem Dollars. Just for my example purposes. I can do two things with those Steem Dollars. I can cash it out, but it in my pocket. Actually, I can do three things.
I can cash them out, put it in my pocket. I can convert those Steem Dollars into Steem Power, which gives me more voting power on the site. Matt: All right. But you can move it to Steem Savings and it actually earns a little bit of interest by just leaving it in there. But almost nobody does that because you have much more leverage by converting it to Steem Power, and getting better voting power on the site. Personal money into cryptocurrencies.
Matt: Correct. I think they just leverage Block Trades to make the trades. All you did was create content to earn that Bitcoin. Matt: Coming back to the currencies because this is the most confusing part. It took me two months to wrap my head around. Powering you, powering down. We can get into that in a minute too.
But your Steem Dollars can be converted into cryptocurrencies on Block Chain and then cashed out however you want. Or your Steem Dollars could be powered up using into Steem Power.
Also, if you want to just jump in there and have voting power from day one, you can actually buy Steem, just the Steem Coin. You can take that Steem Coin and convert that into Steem Power as well. You can actually kind of jump up a level. Matt: You can actually sort of jump up, and become sort of a powerful curator on day one if you want to invest some money.
I can take that Steem, transfer it to Steem Power. Joe: I follow you. Is there anything necessary more to know about the whole money side before we get into content? Matt: The last sort of thing I want to talk about is this sort of powering up, powering down.
30+ Best Crypto Blog Examples (2022)
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Cryptocurrencies, once the exclusive domain of an idealistic fringe movement, have recently become attractive to mainstream retail investors. Cybercriminals are always looking for the path of least resistance to make money and cryptocurrencies are now in their crosshairs. Security researchers at the Lookout Threat Lab have identified over Android apps, including 25 on Google Play, scamming people interested in cryptocurrencies. Many of them available globally, these apps advertise themselves as providing cloud cryptocurrency mining services for a fee. After analyzing them, we found that no cloud crypto mining actually takes place. To protect Android users, Google promptly removed these apps from Google Play. Despite the technical distinction between these two families, all of the apps use a similar business model, indicating that multiple criminal actors set up competing businesses to target users in the same manner. In fact, they hardly do anything at all. Cryptocurrency mining AKA — crypto mining uses the processing power of computers to solve complex mathematical problems that verify cryptocurrency transactions, and the miners are then rewarded with a small amount of cryptocurrency. Cloud mining is the evolution of mining pools just like cloud computing is the evolution of on-premises data center computing.
Bits on Blocks
The crypto niche is an ever-expanding one. With each passing day, more people are joining the fold. Some come as investors, some as casual owners or traders, and finally many enthusiasts want to learn more about crypto. All of these people have one thing in common — they read about crypto, blockchain, and NFTs all of the time.
Binance Blog Stay up to date with the latest stories and commentary brought to you by Binance, the world's leading blockchain and crypto ecosystem. A total of 1,, This includes Innovation, Regulation, and the Future of the Crypto Industry Our industry has been growing by leaps and bounds these past few years, both from a technology adoption and new user perspective. When we launched Binance, we decided that it would be our unwavering commitment to users that would differentiate us in the market. As a result of that commitment, we have grown to become the largest crypto platform on the globe.
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Here at Token Metrics, we understand that our most valuable asset is you, our audience. With your help, we have put together a special ceremony called the Moon Awards. The Moon Awards will put important aspects of cryptocurrency under review, with the best items in each category decided by your vote. The Moon Awards With so many facets of cryptocurrency to cover, we have broken…. Read More. Essentially, this means that the Fed is passing the responsibility to stop inflation onto the bond market. Additionally, the Fed did not hike interest rates on the 26th, however, it still intends to hike rates within the near….
10 Bitcoin Blogs in Europe to Follow
The following article will hopefully help demystify this ultra-hot cryptocurrency. Bitcoin is a form of digital currency and a worldwide payment system. Unlike traditional currency, such as minted coins or printed bills, bitcoin is created and held electronically.
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CoinDCX makes it extremely easy for you to buy, sell, store, send and receive cryptocurrencies. Available on both App Store and Playstore. What is IoTex? What is Algorand? Participate in the hackathon Twitter looking for its in house crypto team and other latest news around crypto trends, blockchain, bitcoin and Etherem on CoinDCX.
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Beginning of dialog window. This dialog displays large versions of the images from the page. Use the left and right arrow keys to see next or previous image. Use the escape key to close the dialog. We have some exciting news for Web3 enthusiasts out there. There is no doubt that decentralization has been an increasingly relevant aspect of the internet experience for years now. As interest for a more decentralized Web keeps growing, we have chosen to take an active role in shaping what the next generation of the Web looks like and how it will be accessed.
Markets usually show better performances around the end of the year, especially as good news tends to be released in Continue Reading. Powered by Every week, IntoTheBlock brings you on-chain analysis of top news stories in the crypto space. How people abroad are betting on Trump refusing to leave the White House. Green means the price went up.