CRYPTO CURRENCY FORUM

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about 2 months ago

An initial coin offering (ICO) is the cryptocurrency industry's equivalent to an initial public offering (IPO). A company seeking to raise money to create a new coin, app, or service can launch an ICO as a way to raise funds. Interested investors can buy into an initial coin offering to receive a new cryptocurrency token issued by the company. This token may have some utility related to the product or service that the company is offering, or it may just represent a stake in the company or project.

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about 2 months ago

Harmony (ONE) is an Effective Proof of Stake blockchain that uses sharding to increase throughput without sacrificing decentralization and security.

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Facts: After 21 million Bitcoins, the miners no longer receive a block reward. The miners' income is not only from block rewards but also from transaction fees. Therefore, miners will always have an incentive to mine blocks.

NIkita

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Wall Street banking JPMorgan has recently published a report that suggests that the Bitcoin production cost has dropped 50% over the last month. Currently, the BTC production cost stands at $13,000 down from the $24,000 cost at the start of June 2022

NIkita

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Non-Fungible tokens or NFTs for short are completely unique digital items that are issued on a blockchain. In many ways, they hold similar qualities to items in the real-world. Think about physical goods like limited-edition trainers, or the limited edition drops by clothing brand Supreme. These digital items are distinguishable from one another by a unique number.

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Most people would tell you that the cryptocurrency market is just growing. Regular investors, on the other hand, are prevented from purchasing the dip and gaining rapidly. As a result, individuals are gravitating toward passive income rather than active bitcoin trading. The two most prevalent approaches are yield farming and staking.

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about 2 months ago

Crypto winter is a common expression that refers to a poorly performing cryptocurrency market. The term is comparable to a bear market in the stock market. A crypto winter signifies negative sentiment and lower average asset values among a large swath of digital currencies

NIkita

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about 2 months ago

Why is Cryptocurrency important for Web 3 platforms?

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Coin burning refers to permanently removing some tokens from circulation by transferring them into a wallet from which they can never be reclaimed. It's common to say that this eliminates tokens as the tokens can no longer be used because the wallet is not connected to the network. The address where the tokens are sent is also called burner addresses

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about 2 months ago

Many new Cryptos start by giving away a portion of their coin supply as a way to gain interest in their currency and begin to build their community. All of the Cryptocoins listed on this site are giving away free coins.

NIkita

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