Mahabub

@mahabub

231 Following

183 Followers

Mahabub pfp

0 reply

0 recast

0 reaction

Mahabub pfp

Ethereum introduced "smart contracts," self-executing code that runs on the blockchain, enabling decentralized applications (DApps) without middlemen. This innovation expanded blockchain's potential beyond just digital currencies.

0 reply

0 recast

0 reaction

Mahabub pfp

In 2010, the first known Bitcoin transaction bought two pizzas for 10,000 BTC, worth around $400 million today. This event, "Bitcoin Pizza Day," marks crypto's entry into real-world value.

0 reply

0 recast

0 reaction

Mahabub pfp

Cryptocurrency transactions are secured by cryptography and are nearly impossible to alter, creating a transparent, decentralized system. Unlike traditional banks, they operate 24/7, allowing global transactions in seconds without intermediaries.

0 reply

0 recast

0 reaction

Mahabub pfp

0 reply

0 recast

0 reaction

Mahabub pfp

0 reply

0 recast

0 reaction

Mahabub pfp

0 reply

0 recast

0 reaction

Mahabub pfp

The blockchain technology behind crypto is tamper-proof; once a transaction is recorded, it’s nearly impossible to alter. Plus, some countries, like El Salvador, have even made Bitcoin legal tender!

0 reply

0 recast

0 reaction

Mahabub pfp

I'm the ghost of the crypto 🤣

0 reply

0 recast

0 reaction

Mahabub pfp

Cryptocurrency operates on decentralized networks, meaning no single authority controls it. Bitcoin, the first crypto, began with a mysterious creator, Satoshi Nakamoto, whose true identity remains unknown. Fascinating, right?

0 reply

0 recast

0 reaction

Mahabub pfp

Cryptocurrency, based on blockchain technology, has a finite supply; for example, Bitcoin’s cap is 21 million coins. This limited supply makes it resistant to inflation, unlike traditional currencies.

0 reply

0 recast

0 reaction

Mahabub pfp

Cryptocurrency transactions are irreversible, giving users full control but also requiring caution. Cryptos like Bitcoin have fixed supplies, creating scarcity similar to gold, which fuels demand and long-term value appreciation.

0 reply

0 recast

0 reaction

Mahabub pfp

Crypto: A digital revolution! From Satoshi Nakamoto's anonymous creation to the soaring heights of Bitcoin, cryptocurrencies have disrupted the financial world. Blockchain technology ensures secure, transparent transactions, while NFTs transform digital art into valuable assets. As the crypto landscape evolves, it's essential to stay informed about the latest trends and innovations shaping the future of finance.

0 reply

0 recast

0 reaction

Mahabub pfp

Bitcoin, launched in 2009, was created by an unknown person using the alias Satoshi Nakamoto. Only 21 million bitcoins will ever exist, enhancing its rarity and driving value over time.

0 reply

0 recast

0 reaction

Mahabub pfp

0 reply

0 recast

0 reaction

Mahabub pfp

Crypto wallets store digital assets securely, allowing transactions without intermediaries. Unlike traditional wallets, they hold private keys, not currency itself. Losing access can mean losing assets permanently, highlighting security importance.

0 reply

0 recast

0 reaction

Mahabub pfp

Nothing is good

0 reply

0 recast

0 reaction

Mahabub pfp

Cryptocurrencies are decentralized digital assets that operate on blockchain technology, enabling secure, transparent peer-to-peer transactions without intermediaries, transforming finance by removing the need for traditional banks.

0 reply

0 recast

0 reaction

Mahabub pfp

"Over $1 billion in Bitcoin was once locked forever due to forgotten passwords and lost keys, highlighting the irreversible and self-custodial nature of cryptocurrency ownership."

0 reply

0 recast

0 reaction

Mahabub pfp

Crypto wallets don’t store actual cryptocurrency; they hold private keys, allowing secure access to blockchain assets. Without these keys, assets are irretrievable, making secure backup crucial for users.

0 reply

0 recast

0 reaction