I write this post to share with you about the Binance game #WOTD , #PalavraDoDia o #palabradeldia . It's very easy to do two daily words and thus accumulate more correct answers for when the week ends. This way, you can earn points to exchange in the Rewards Zone for coupons.
The steps to follow are few and easy to do. In Wpp, save your own phone number.
Then at the end of the first daily word, press the share button, select your number, and send it.
Once the link is in your chat, open it and wait for it to load.
$XRP going up today. Thank goodness I bought in stages yesterday as I was going down.
Many thanks to everyone who helped me in yesterday's post to compile this week's words. There I added all the ones that were missing to the list. #wordoftheday#WOTD#WordOfTheDay
Follow me, every day I publish my words of the day and the list of the ones I have compiled for the week!!!
In the pinned post on my profile it says how to make two words of the day on the same day.
New words of the week.. I've already collected some, in these days I'll be adding the ones that are missing.. If you know of any other new ones, let me know and I'll add them!!
XRP and its supersonic speed: The future of payments?
Imagine sending money to someone in another country and instead of waiting days or paying absurd fees, the transaction is completed in just 3-5 seconds. It's not science fiction, it's XRP, a cryptocurrency designed to revolutionize the financial system.
Unlike Bitcoin, which can take up to an hour to confirm transactions, XRP uses a unique consensus system called the XRP Ledger, where validators verify transactions without the need for mining. This not only makes transactions ultra-fast, but also cheaper and greener.
But what's most interesting is its relationship with banks. While many cryptos seek to replace them, XRP has partnered with large financial institutions to improve their cross-border payment systems. That is, instead of fighting the system, it could end up modernizing it from within!
In 2013, James Howells, a computer engineer from Wales, accidentally threw away a hard drive containing 8,000 BTC. At that time, its value was insignificant, but over time it surpassed 500 million dollars. Desperate to recover it, Howells has attempted to excavate in the Newport landfill, but authorities have rejected him, citing environmental risks.
This case serves as a reminder that in Bitcoin, losing your keys means losing your money forever. It is estimated that 20% of the total supply of BTC is in inaccessible wallets. While some dream of finding these digital treasures, others see them as an effective reduction of supply, driving up the value of BTC in circulation.
The Federal Reserve has been analyzing how cryptocurrencies and decentralized finance (DeFi) could transform the financial system in the coming years. Their studies present two scenarios: one where blockchain technology integrates with traditional markets, facilitating connections with real assets and improving financial efficiency, and another where cryptos evolve in a parallel ecosystem, offering independent services. Additionally, they evaluate the possibility of a central bank digital currency (CBDC), which would help reduce volatility in crypto markets. However, the lack of regulation in DeFi poses a significant challenge, forcing the Fed to constantly monitor its impact with extreme caution and attention.
I took this course from Binance Academy. The truth is I don't know if they offer any reward besides the key NFT, which, by the way, cannot be sold and has no value.
So, well, in case you're interested, I left the link to the course at the top for you to see if you want to take it. It is completely in English, so a minimum knowledge of the language is required.