fomoplayer
En busca de aprendizaje, viendo el futuro con alegría y optimismo si me caigo me levanto todas la veces que sean necesarias. Honesto y directo amante de cripto.
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Seed phrase and its importance?
$BNB
A seed phrase (or recovery phrase, set of recovery words, or mnemonic phrase) is a sequence of words (usually between 12 and 24) generated by a cryptocurrency wallet; it represents a master key in a readable format. This phrase allows you to recover access to the funds and private keys associated with a wallet in case of loss, theft, or device failure.
How does it work?
* Random generation:
When you create a new wallet (like MetaMask, Ledger, or Trezor), the software generates a random sequence of words from a standard called BIP-39 (Bitcoin Improvement Proposal 39). This standard defines a list of 2048 words in English (or other languages) that are combined to form the phrase.
A seed phrase (or recovery phrase, set of recovery words, or mnemonic phrase) is a sequence of words (usually between 12 and 24) generated by a cryptocurrency wallet; it represents a master key in a readable format. This phrase allows you to recover access to the funds and private keys associated with a wallet in case of loss, theft, or device failure.
How does it work?
* Random generation:
When you create a new wallet (like MetaMask, Ledger, or Trezor), the software generates a random sequence of words from a standard called BIP-39 (Bitcoin Improvement Proposal 39). This standard defines a list of 2048 words in English (or other languages) that are combined to form the phrase.
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Centralized vs. Decentralized Exchanges (CEX vs. DEX).
Cryptocurrency exchanges are divided into two types: centralized (CEX) and decentralized (DEX). Each has its advantages, disadvantages, and specific use cases.
Centralized Exchanges (CEX)
Platforms managed by a company or entity that acts as an intermediary in transactions.
Features:
Intermediation: The exchange holds users' funds.
High liquidity: Higher trading volume and trading pairs.
Ease of use: User-friendly interface, ideal for beginners.
Centralized Exchanges (CEX)
Platforms managed by a company or entity that acts as an intermediary in transactions.
Features:
Intermediation: The exchange holds users' funds.
High liquidity: Higher trading volume and trading pairs.
Ease of use: User-friendly interface, ideal for beginners.
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Wallets!! Which one to choose?
$BNB
A cryptocurrency wallet is a software or physical device that stores public and private keys, allowing you to interact with the blockchain to send, receive, and manage digital assets. The choice depends on several factors.
* Security (custody, authentication, attack resistance).
* Functionality (supported cryptocurrency types, interoperability).
* User experience (interface, ease of recovery).
* Context of use (long-term investment, frequent transactions).
A cryptocurrency wallet is a software or physical device that stores public and private keys, allowing you to interact with the blockchain to send, receive, and manage digital assets. The choice depends on several factors.
* Security (custody, authentication, attack resistance).
* Functionality (supported cryptocurrency types, interoperability).
* User experience (interface, ease of recovery).
* Context of use (long-term investment, frequent transactions).
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The Truth Machine
Blockchain The Machine of Truth
Blockchain is not just money. It is a trust protocol that replaces intermediaries with mathematics:
1. Consensus:
- Proof of Work (Bitcoin): Solving cryptographic puzzles consumes energy but secures the network.
- Proof of Stake (Ethereum 2.0): Validators "stake" their cryptos to earn verification rights.
2. Smart Contracts (Ethereum): Self-executing code. Example: An insurance that pays out automatically if a sensor detects a natural disaster.
Blockchain is not just money. It is a trust protocol that replaces intermediaries with mathematics:
1. Consensus:
- Proof of Work (Bitcoin): Solving cryptographic puzzles consumes energy but secures the network.
- Proof of Stake (Ethereum 2.0): Validators "stake" their cryptos to earn verification rights.
2. Smart Contracts (Ethereum): Self-executing code. Example: An insurance that pays out automatically if a sensor detects a natural disaster.
🤣 🤣 🤣 🤣
🚨🔥 Spanish feminists declare: "Cryptocurrencies oppress us because they are the weapon of the patriarchy" 🔥🚨
A group of Spanish feminists has dropped a bomb 💣 that is revolutionizing the crypto world: they say that cryptocurrencies are pure patriarchy disguised as technology! 😱
María González, supposed leader of the Feminist Association of Madrid, made this explosive statement: "Cryptocurrencies were invented by men for men 👨💼. They are the new face of patriarchy, a system that excludes us and keeps us away from digital wealth" 💸💔.
According to her, male dominance in the sector is no coincidence, it’s a conspiracy to keep us down! 😡
To prove it, González launched a juicy fact: a supposed study from the Complutense University of Madrid says that 85% of crypto investors are men 📈📊. "This is not financial freedom, it’s a patriarchal trap 🕸️. We are outside this power game disguised as a revolution" 🚫, she stated. And she didn’t stop there: she also slammed the "toxic" culture of crypto communities, saying they are a nest of discrimination and harassment for women 😤👎.
But the crypto world did not stay silent. Juan Pérez, a famous trader, counterattacked: "This is absurd! Cryptocurrencies have no gender, they are pure mathematics 🧮. Blaming them for oppression is dividing us for no reason!" 🤬. Others have called this "radical feminism" 🎤, and on social media, they are already laughing at the hashtag #CryptoPatriarchy 😂🤡, which feminists want to use to "unmask the truth" 🕵️♀️.
The feminists, far from giving up, say they will boycott cryptos among women 🚨✊ and demand rules to "end the male monopoly" ⚒️. "We will not stop until the crypto patriarchy falls!" González shouted with all the drama 🎭.
This is exploding on social media 🌩️: some say that cryptos are for everyone 🌏💖, others that there is indeed a gender problem that urgently needs to be resolved ⚖️❓. And what do you think?
A group of Spanish feminists has dropped a bomb 💣 that is revolutionizing the crypto world: they say that cryptocurrencies are pure patriarchy disguised as technology! 😱
María González, supposed leader of the Feminist Association of Madrid, made this explosive statement: "Cryptocurrencies were invented by men for men 👨💼. They are the new face of patriarchy, a system that excludes us and keeps us away from digital wealth" 💸💔.
According to her, male dominance in the sector is no coincidence, it’s a conspiracy to keep us down! 😡
To prove it, González launched a juicy fact: a supposed study from the Complutense University of Madrid says that 85% of crypto investors are men 📈📊. "This is not financial freedom, it’s a patriarchal trap 🕸️. We are outside this power game disguised as a revolution" 🚫, she stated. And she didn’t stop there: she also slammed the "toxic" culture of crypto communities, saying they are a nest of discrimination and harassment for women 😤👎.
But the crypto world did not stay silent. Juan Pérez, a famous trader, counterattacked: "This is absurd! Cryptocurrencies have no gender, they are pure mathematics 🧮. Blaming them for oppression is dividing us for no reason!" 🤬. Others have called this "radical feminism" 🎤, and on social media, they are already laughing at the hashtag #CryptoPatriarchy 😂🤡, which feminists want to use to "unmask the truth" 🕵️♀️.
The feminists, far from giving up, say they will boycott cryptos among women 🚨✊ and demand rules to "end the male monopoly" ⚒️. "We will not stop until the crypto patriarchy falls!" González shouted with all the drama 🎭.
This is exploding on social media 🌩️: some say that cryptos are for everyone 🌏💖, others that there is indeed a gender problem that urgently needs to be resolved ⚖️❓. And what do you think?
See original
What are cryptocurrencies and how do they work?
Cryptocurrencies are like digital money, but without bills or banks controlling everything. And it uses a wonderful and powerful technology called blockchain so that no one can easily counterfeit or hack it.
These virtual currencies
* They are not printed by a government (like the dollar or euro), but created by a network of computers.
* They are decentralized: There is no central bank; all users help maintain the system.
* They use cryptography (ultra-secure mathematical codes) to protect them.
These virtual currencies
* They are not printed by a government (like the dollar or euro), but created by a network of computers.
* They are decentralized: There is no central bank; all users help maintain the system.
* They use cryptography (ultra-secure mathematical codes) to protect them.
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*** Making a living with cryptocurrencies ***
We know that cryptocurrencies offer opportunities for income, but the risks are many. Let's look at four key types of risk to consider.
1. Market Risk (Volatility)
Its value can fluctuate drastically in hours or even minutes due to certain factors such as:
* Regulatory news.
* Market manipulation ("pump and dump").
* Institutional adoption or rejection.
Impact
* Quick gains, but also sudden losses.
* Difficulty predicting long-term trends.
1. Market Risk (Volatility)
Its value can fluctuate drastically in hours or even minutes due to certain factors such as:
* Regulatory news.
* Market manipulation ("pump and dump").
* Institutional adoption or rejection.
Impact
* Quick gains, but also sudden losses.
* Difficulty predicting long-term trends.
14
How Many Squares Are There?
#Write2Earn
#Write2Earn
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