Mahdi 🎭

@mahdifarcast

1040 Following

1243 Followers

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Happy Tipping by @degenfans

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What do you think will happen in the next few days in the market?

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Who is behind these masks?🎭 /masks

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What is Lightning network? The Lightning Network is a payment protocol that enables faster transactions and thus higher levels of scalability.

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What is Bitcoin? A decentralized digital currency without a central bank or single administration that can be sent peer-to-peer over the Bitcoin network without the need for an intermediary. Transactions are cryptographically verified by a network and recorded in a public distributed ledger called a blockchain.

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What do you think about the market?

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What is BNB? Binance Coin (BNB) is a cryptocurrency that can be used for trading and payment on the Binance exchange. Binance is the world's largest cryptocurrency exchange as of January 2018, with more than 1.4 million transactions per second. It is also possible to buy and sell Binance Coin in Iranian exchanges.

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Michael Silver, the founder of MicroStrategy, believes that the recent approval of Ethereum exchange-traded funds (ETF) by the US regulator is also good news for Bitcoin. This, he says, will help institutional acceptance of investing in digital currencies.

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What is DAO ? It was an organization launched to pool funds to develop technologies that support new decentralized business models. The organization was shut down after being hacked in late 2016.

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Disadvantages of Blockchain Consortium: The possibility of compromising the entire network due to the behavior of members even with acceptable security. Less transparency The possibility of regulation and censorship affecting network performance. Not hiding the identity of users like other types of blockchain networks.

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What are the benefits of public blockchain? It is completely decentralized. It is open to the public. It is transparent. It is an open source, safe and secure platform for transactions. Users do not need to reveal their identity or real name to participate.

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What is public Blockchain? Public blockchain is a network in which participants do not need permission to enter and perform activities. Democracy is established in the public blockchain and anyone with internet access can be one of the nodes of this network.

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The market had a good upward trend the previous day, and in this regard, Ethereum also had a good upward trend. Do you think the market will continue its upward trend?

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What is private Blockchain? Private Blockchain is a blockchain network that is accessible to a limited set of users. In fact, these networks are made private and only approved and qualified people can use them.

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What is BEP-20 ? The bep-20 standard is one of the blockchain standards that defines a set of rules for creating and managing tokens on the Binance Smart Chain (BSC). This standard allows developers to easily create new tokens for a wide range of applications.

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What is consortium Blockchain ? Consortium Blockchain is a sub-branch of Blockchain technology. These are networks made up of existing nodes with access controls. This type of network has fewer nodes compared to the public blockchain, but it is naturally more secure and scalable.

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What is ERC 20? ERC20 is the standard used by the Ethereum blockchain, and with the support of smart contracts, ERC20 has already found many uses. It should be noted that the ERC20 transfer network fee is paid with Ethereum's native digital currency, ETH.

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What is KYC ? Know your customer is a set of principles to identify and verify the identity of customers so that anti-money laundering regulations are implemented and users are authenticated.

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What is cold storage? Cold storage is a method of storing digital currencies in which the storage location or vault of the digital currency is independent from the Internet connection, thereby reducing the possibility of access by hackers and other vulnerabilities that an online system is prone to.

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