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How do stablecoins works?

  Stablecoins mainly works in two ways, Collateralization : Fiat collateralization means that each coin is backed by something in most cases that is one US dollar. The most famous company Tether realized their USDT stablecoins using fiat collaboration. Fiat collateralization stablecoins are quite stable much more of an alternative. Problems: The money required to put off each USDT cannot be invested. This can be the millions of dollars of their company are not earning interest Another problem is specifically the trader’s faces, it is very difficult to prove that you own the total matter of assets Stablecoins Smart Contract Smart contract stablecoins are usually much more volatile. They must manipulate the supply of coins to adjust the price. their main algorithm works in stablecoin. Read the full article Click here... Source: cryptochain24.com
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Differences between token Vs coin

  Coin : A coin uses its own blockchain to keep track of the data. Ethereum is its own blockchain about stores value and validates transactions. Etherium teams have been working hard over the years and providing their systems, updating how it works. Token : Token uses someone else coins blockchain. Ethereum token or Erc-20 token uses Ethereum blockchain capabilities as its backbone and infrastructure. For example, a Basic Attention Token is an Erc-20 token built on the Ethereum network. Basic Attention Tokens rely on the Ethereum blockchain network to keep their product state. One of the important things is one cannot birth a token straight into a coin. You can create a coin function as a way to include a Bridge that allows users to swap up their previous tokens for new coins. In some cases, some coins like you are tokens in multiple networks. For example, LEO is on the Ethereum network, Binance smart chain Network, and the Hive network also. Another important things are some coins rep

Advantages of crypto in our life

  Advantages There have phenomenal advantages of cryptocurrency. There are limited ways that we can use cryptocurrency. You can use crypto as transactions at bullet speed with the lowest transaction fees. It allows us to send payments without any active process of the bank steps don’t have to be dependent on banks. Others then you can hold cryptocurrency for sometimes, its price may increase, and sell them at a time to make a profit. There have numerous benefits if you choose crypto instead of fiat currency. Fiat currency means any form of currency other than digital currency, physical currency, and many dollars to be used it consider as fiat currency. We all know the fiat currency is controlled by the government which means we mostly rely on the government to save their value. In the cryptocurrency get the decentralized options where you can set the value of the digital currency. Even you can pay anything with crypto like normal cash. More of the brands of the world accept the crypto

Who created crypto and why?

  The first ever cryptocurrency Bitcoin was created and launched in 2009 by a developer named ‘Satoshi Nakamoto’. They allow users to send and receive transactions in seconds. The more behind the creation it allows all the users must be independent to transact money to anyone they want. They just need to keep on their device with touch, select the address and send the asset just in seconds without really on any bank or government. You can consider crypto as a special code that is saved in your smartphone or personal computer. If you want to pay anyone you can simply send it by your smartphone that is gone to be easily sent. See more... Read full article Link...

What is web1?

  What is web1? From 1999 to 2004 the internet was mostly a branch of static pages, meaning whenever we loaded them they showed some result that is it. Some called them read only. There was no any login and not interacting with post for viewing analytics, most of them are not profitable by ads. The mostly has one link Wikipedia or hyperlinks together. Of course with time the slowly made improvement things like flash, JavaScript and add a many new different features. During that time the users of the internet or consumers they went to the internet to consumer information See more... Read Full article>>>

What does web3 mean?

  What does web3 mean? Web3 is the next evolution of the internet. Probably utilization of blockchain technology and tools of decentralization. In web2 you are the product for browsing social network. But in web3 some believe that you are the owner of your content and content that you post on online. You can control on that, usually something on internet it is always on the internet. Let suppose a blockchain alternative is Youtube, here video can be posted and the creators can earn library tokens. Which is basically creators rewards based on website videos. Creator’s uploads it and someone wants to share it, technically download the video that others may like the video, this is kind of a bit torrent network. Your post could not get it down because your post is in one social server. If you think about thousands of servers and computers in the world ensuring blockchain social network you are on is not attacked and censored. But in Web3 the experts say that we will go to the point of the

Applications of blockchain

  Applications of  blockchain? Financial area: Blockchain is mostly used for this area. Who don’t want is higher security of financial transaction? Everyone wants the best security of his financial area. Blockchain technology actually works on this area mostly, it’s provide you best security everything on your financial activities ant third party’s interfere but your activity successfully done in a legitimate way. Surely everything of financial activities process here in a decentralized way. Digital ID: Everyday we share our personal information with some of centralized services company. Where that service provider company can easily gone through our personal information. As quick as possible this should be reduced. No one will happy to share his information with others third-party. ID card information is such an important data that we always keep safe and secure with ourselves. Other personal information like ID card if we uses to blockchain technology this will secured the best and a