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Topics - Goldlife

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বাংলা (Bengali) / আসুন আমরা সবাই সাবধান হই।

« on: March 30, 2021, 09:48:56 AM »

আসলামুআলাইকুম

আমরা অনেকেই আছি যারা একাধিক আইডি ব্যবহার করতেছি একাধিক আইডি ব্যবহার করে বাউন্টিতে জয়েন করতেছি বাউন্টিতে প্রতারণা করতেছি এই মন মানসিকতা থেকে আমরা সবাই বেরিয়ে আসি তাহলে এক সময় কিন্তু বাংলাদেশীদের জন্য একটি বড় বিপদ ডেকে আনবো কখন আমরা নিজেরাই বুঝতেই পারব না।
বিশেষ করে আমরা বাংলাদেশীরা ছাড়া আছি একাধিক আইডি ব্যবহার করে বাউন্টিতে জয়েন করতেছে তাদেরকে চিটার উপাধিতে ভূষিত করা হচ্ছে অনেক বাউন্টিতে দেখতে পাচ্ছি ইদানিং এটা বাংলাদেশের জন্য অত্যন্ত লজ্জাজনক বিষয় টা খুবই লজ্জাজনক যে আমরা বাংলাদেশীরা এরকম চিটারি বাটপারি তে আছি বর্তমানে এটা থেকে আমাদের বেরিয়ে আসতে হবে ।
এর সাথে সাথে আমাদের মন-মানসিকতার কিন্তু পরিবর্তন আনতে হবে তা না হলে কিন্তু আমরা এই ফোরাম কে উন্নতির দিকে নিয়ে যেতে পারবো না এই ফোরামকে উন্নতির দিকে নিয়ে যেতে হলে আমাদের অবশ্যই অবশ্যই কঠোর পরিশ্রমের মাধ্যমে কিন্তু ফোরামকে এগিয়ে নিয়ে যেতে হবে আর সেজন্য আমাদেরকে ভালো এবং মানসম্মত পোস্ট করতে হবে যাতে করে অন্যরা উপকৃত হয় এরকম পোস্ট করতে হবে ।

সবশেষে আমি বলব যে আমাদেরকে অবশ্য অবশ্যই ফোরামের নিয়মকানুন রুলস কিন্তু মেইনটেইন করে চলতে হবে এবং সবার সাথে বন্ধুত্বপূর্ণ আচরণ করতে হবে তাহলে আমরা একদিন এই ফোরামকে অনেকদূর পর্যন্ত এগিয়ে নিয়ে যেতে পারবো ইনশাল্লাহ ।

সর্বশেষে একটি কথা না বললেই নয় বর্তমান পরিস্থিতিতে বাংলা ফোরামকে যে কোয়ালিটি সম্পূর্ণ দেখতে পাচ্ছেন এটা অবদান শুধুমাত্র নতুন মডারেটর ভাইদের তারা নতুন হিসেবে ফোরামে এসে তারা কিন্তু কঠোর পরিশ্রমের মাধ্যমে ফোরামকে জঞ্জালমুক্ত রেখেছেন এবং ফোরামের কোয়ালিটি কিন্তু দিন দিন বৃদ্ধি পাচ্ছে।

বাংলা (Bengali) / ফুল নোট কি? ফুল নোট সম্পর্কে বিস্তারিত আলোচনা কিভাবে এটি সক্রিয় করা যায় ।

« on: March 29, 2021, 03:09:35 PM »

আসলামুআলাইকুম

আমরা হত শতকরা কত জন এই বিষয়ে সম্পর্কে জানি আসলে ফুল নোট কি বিটকয়েনের ফুল নোট কি । আমাদের এই লোকাল কেউ কখনো এইসব নিয়ে হয়তো আলোচনা করেনি তাই আমি আজকে আপনাদের মাঝে এই ফুল নোট সম্পর্কে সম্পূর্ণ আলোচনা করব আপনার মনোযোগ সহকারে পোস্ট পরবেন আপনাদের অবশ্য অবশ্যই কাজে লাগবে।

ফুল নোড আমাদের কি কাজে লাগবে এবং কিভাবে একটা ফুল নোড চালু করা যায়।

ফুল নোড কি? এটা কিভাবে কাজ করে ।

আমরা বেশিরভাগ সময়েই বিটকয়েনে লেনদেন করার জন্য ইলেকট্রাম ব্যবহার করে থাকি । অনেকেই কয়েনবেজ ওয়ালেট কিংবা ব্লকচেইন ওয়ালেট ব্যবহার করে থাকেন। কয়েনবেজ একটি সেন্ট্রালাইজড ওয়ালেট যেখানে আপনি আপনার বিটকয়েনের সম্পুর্ন নিয়ন্ত্রন তাদের নিকট দিয়ে থাকেন। পক্ষান্তরে, ইলেকট্রাম ওয়ালেটে আপনি নিজেই সব কিছু নিয়ন্ত্রন করতে পারেন। তবে, ইলেকট্রাম ওয়ালেট হল একটা লাইট ওয়ালেট যা অন্য ফুল নোডের উপর সম্পুর্ন নির্ভরশীল হয়ে থাকে।

একটু ব্যাকগ্রাউন্ড আলোচনা করি। বিটকয়েন ব্লকচেইনে কি থাকে? বিটকয়েন এর যত ট্রাঞ্জেকশন এই পর্যন্ত হয়েছে সবগুলোর রেকর্ড বিটকয়েন ব্লকচেইনে রয়েছে। সেই জেনেসিস ব্লক বা প্রথম ব্লক থেকে শুরু করে এখন পর্যন্ত যত ট্রাঞ্জেকশন হয়েছে সবগুলো এক একটি ব্লকের মাধ্যমে সংরক্ষণ করা আছে। যে কেউ চাইলেই সব এক্সপ্লোরারে চেক করতে পারেন। এখন আপনি যখন কাউকেন বিটকয়েন পাঠাতে যাবেন, তখন আসলে ব্যাকগ্রাউন্ডে কি হয়? আমরা তো শুধু বিটকয়েন এর পরিমান দিচ্ছি, তারপর কোন এড্রেসে পাঠাবো সেটা দিয়ে সেন্ড বাটনে ক্লিক করছি। কিন্তু ট্রাঞ্জেকশনগুলো আসলে কিভাবে সম্পন্ন হয়?

মনে করেন, কেউ ইলেকট্রামে তার বিটকয়েন এর পরিমাণ কোনভাবে পরিবর্তন করলো। এইগুলো সবই তো প্রোগ্রাম। আপনি চাইলে আপনার মত করে একটা অনেক কিছু ইডিট করতে পারবেন। যেমনটা আমরা চাইলেই একটা ওয়েবসাইটে গিয়ে ইন্সপেক্ট ইলিমেন্টে ওভাররাইট করতে পারি। যাই হোক, মনে করুন, আপনার ইলেকট্রাম ওয়ালেটে ১ বিটিসি আছে। কিন্তু আপনি আপনার পিসিতে থাকা ওয়ালেটের কোড ইডিট করে সেটা কোনরকমে ২ বিটিসি করলেন এবং সেটা আপনি কাউকে পাঠাতে চান। এইখানেই মুল ব্যাপার। আপনি যদি কোনরকমে সেন্ড করতেও সক্ষম হন, কোন লাভ হবে না। আপনার ইলেকট্রাম ওয়ালেট যে ফুল নোডের সাথে কানেক্টেড আছে, সেগুলোতে চেক করে দেখবে আসলে আপনার ব্যালেন্স ২ বিটিসি আছে কিনা। না থাকলে আপনার ট্রাঞ্জেকশন ফলস হবে বা রিজেক্টেড হবে।

কি কি লাগবে ফুল নোড শুরু করতে?
১। একটি কম্পিউটার।
২। অবশ্যই র‍্যাম ২ জিবি বা তার বেশি হইতে হবে। বেশি হলেই ভালো।
৩। যে ড্রাইভে ইনস্টল করবেন সেখানে অবশ্যই ~৩৪০ জিবি খালি থাকতে হবে। এইটা পরিবর্তনশীল, সবসময় বাড়তে থাকবে।
৪। মোটামুটি ইন্টারনেট স্পিড।

বিশেষ দ্রষ্টব্য: আমিও এই বিষয়ে খুব একটা জানতাম না কিন্তু বিটকয়েন্টক ফোরামের একটি পোষ্ট থেকে আমি কিন্তু এই পোস্টটি করেছি মোটামুটি আপনাকে আপনাদের ধারণা দেওয়ার চেষ্টা করেছি দুঃখের বিষয় হচ্ছে বিটকয়েন্টক এর লিঙ্ক এখানে সাপোর্ট করে না এজন্য আমি এই লিংকটি আপনাদের মাঝে শেয়ার করতে পারলাম না ধন্যবাদ

Polkadot Forum / Polkadot vs. Cosmos vs. Ethereum 2.0 — for real idiots

« on: March 28, 2021, 08:18:13 AM »

Hey, it is this time again. Cryptocurrencies are freaking out and articles pop out everywhere about what you should buy and what is great. So it is no surprise that I write an article. As usual, it is written from an idiot for idiots. The idea for this article is very old, exactly 3 years ago someone responded to my Cosmos article, asking what is the difference between Cosmos, Ark, Aion, ICON, and Wanchain. I was surprised that the question did not include Polkadot. So I also responded that Polkadot should be in the comparison since it is the only project en par with Cosmos. The others seemed to be not a real competition. Dfinity was also on my

mind back then as something that has its own valuable ideas and does not jump on the interoperability hype train without its own ideas. However, now 3 years later, turns out most of these mentioned projects do not have much relevance left except for Cosmos and Polkadot, so let’s have a look. And Ethereum of course. What else can you expect from this article here? More understanding of shards, interoperability, and state-of-the-art proof-of-stake. Nice!

Why exactly these 3 projects? To me these seem to be the three main players when it comes to being a platform that has interoperability, scaling and the appropriate ecosystem. I have done a lot of research, re-read their whitepapers, all kind of other documentation and tried to get a decent insight. However since this is so much stuff, this article will only scrape the surface and I will always be biased. I try to be not biased, but I’m a human and also work with one of the technologies in my blockchain based game project (www.crowdcontrol.network), so at the end of the article you can guess which technology I actually use. If you guessed it right, please flame me in the comments.

More info.. https://medium.com/coinmonks/polkadot-vs-cosmos-vs-ethereum-2-0-for-real-idiots-3b6f0e0cfb2f

Crypto Exchanges / How to Trade Cryptocurrency Without Paying Fees

« on: March 28, 2021, 08:15:34 AM »

We explain how to trade cryptocurrency without paying fees (i.e., how to go from USD to cryptocurrency and back again without paying fees).[1][2]

The page originally focused on using Coinbase Pro (previously known as GDAX) to avoid fees, this method was great as you could deposit dollars for free, then move your dollars to Coinbase Pro and place limit orders there for free. However, starting March 22nd 2019 Coinbase Pro ended free limit orders and then over the course of 2019 gradually replaced them with rather steep fees starting at 0.5% a trade (with discounts for volume).

Given the change to Coinbase Pro, there are no longer any major exchanges that allow zero-fee trading without some additional requirement or limitation.

With the above said, there are a few major exchanges that have reasonably low 0.1% fees including Binance. These fees can be made even lower by using referral codes, trading a lot, and/or by using the tokens of these exchanges. For example, when you use Binance’s tokens to pay your fees you get a discount on your trading fees, and when you use a referral link you get a discount on top of that (for example, you can get 10% off Binance fees for life with this link: https://www.binance.com/en/register?ref=IX44CLLS).

Meanwhile, some exchanges incentivize users with zero fees as a promotional offer. This typically means accepting some additional requirements or limitations as noted above. For example, FTX currently has a promotional deal for free limit orders if you stake 25 FTT (you can save an extra 5% on taker fees too with code https://ftx.com/#a=HowToReferral). Meanwhile, Robinhood and Blockfolio (see below for codes) have $0 fees, but both have limited functionality and selection.

So here in March 2021, trading crypto without fees generally means either using a platform like Robinhood or FTX where selection and functionality are limited or meeting extra requirements like with FTX. Meanwhile, trading for low fees means picking an exchange like Binance and then taking part in the discounts.

So, the good old zero-fee Coinbase Pro days are gone, but that doesn’t mean there aren’t ways to save money on fees (especially here in 2021 where crypto exchanges have really ramped up the competition).

More info: https://cryptocurrencyfacts.com/trade-cryptocurrency-without-paying-fees/

Bitcoin Mining / Cost to Mine 1 Bitcoin Calculator [User Guide]

« on: March 28, 2021, 08:12:06 AM »

Although there are dozens of variables that can impact a Bitcoin mining operation’s bottom line, the viability of a mining business can ultimately be determined with just one simple statistic: the cost to mine 1 BTC — aka the “Cost of Production for Bitcoin.”

The Braiins Cost to Mine 1 BTC calculator is meant to make it quick and easy for you to determine your cost of production for any ASIC hardware model or even for a mix of different hardware devices. By comparing your cost of production with the actual Bitcoin price, you can see your profit margin and better understand which hardware models will best suit your mining operation.

How to Calculate Your Cost of Production

Let’s start by quickly explaining each of the inputs and how they work.

Bitcoin Price and Network Difficulty are both pulled from an API in real-time, so you don’t need to do anything if you want to use current values.

Select Hardware allows you to autofill the hashrate and consumption by choosing a specific ASIC device from our database. The models are sorted by hardware manufacturer (Bitmain, MicroBT, Innosilicon, and Canaan) and then further subcategorized by model family (e.g. Antminer S9, S17, and S19 variations are all grouped together).

Bitcoin Mining Insights

Cost to Mine 1 Bitcoin Calculator [User Guide]

A quick guide explaining how to use the Advanced Options in our new Cost to Mine 1 BTC calculator and where to find data on all the popular hardware models.

Published on Nov 03, 2020

Table of Contents

How to Calculate Your Cost of Production

Cost to Mine 1 BTC Example

Sharing and Embedding

Although there are dozens of variables that can impact a Bitcoin mining operation’s bottom line, the viability of a mining business can ultimately be determined with just one simple statistic: the cost to mine 1 BTC — aka the “Cost of Production for Bitcoin.”

The Braiins Cost to Mine 1 BTC calculator is meant to make it quick and easy for you to determine your cost of production for any ASIC hardware model or even for a mix of different hardware devices. By comparing your cost of production with the actual Bitcoin price, you can see your profit margin and better understand which hardware models will best suit your mining operation.

How to Calculate Your Cost of Production

Let’s start by quickly explaining each of the inputs and how they work.

Bitcoin Price and Network Difficulty are both pulled from an API in real-time, so you don’t need to do anything if you want to use current values.

Select Hardware allows you to autofill the hashrate and consumption by choosing a specific ASIC device from our database. The models are sorted by hardware manufacturer (Bitmain, MicroBT, Innosilicon, and Canaan) and then further subcategorized by model family (e.g. Antminer S9, S17, and S19 variations are all grouped together).

Alternatively, you can select the Custom option to input your own hashrate and power consumption values rather than using preloaded values from the ASIC database, which is best if you use a performance boosting firmware like Braiins OS+ to improve your device’s efficiency.

Electricity Price is your all-in cost per kWh of electricity, which is used to calculate your cost of production for mining 1 Bitcoin given your mining efficiency (W/TH).

Pool Fee is the percentage of your BTC mined that is kept by your mining pool.

If you toggle on the Advanced Options, you’ll also see these inputs:

More info: https://braiins.com/blog/cost-to-mine-bitcoin-user-guide

Bitcoin News & Updates / Is Bitcoin a Good Investment?

« on: March 25, 2021, 06:48:27 PM »

LONDON, March 23, 2021 /PRNewswire/ -- The cryptocurrency market is back – and in a big way! Between late September 2020 and late February 2021 – a period of just five months – Bitcoin prices soared an astounding 456.8%. But Bitcoin's rise is just part of the story. Mentioned in today's commentary includes: Alphabet Inc. (NASDAQ: GOOGL), NVIDIA Corporation (NASDAQ: NVDA), CME Group Inc. (NASDAQ: CME), Baidu, Inc. (NASDAQ: BIDU), DocuSign, Inc. (NASDAQ: DOCU).

Tesla recently purchased $1.5 billion dollars' worth of Bitcoin and will start accepting it as payment.

VISA and Mastercard have announced that they will enable merchants and clients to transact using Bitcoin, unlocking potentially trillions in transaction volume.

Goldman Sachs is re-activating its crypto trading desk after detecting huge institutional demand for bitcoin among its client base.

But one company – led by some of the brightest, boldest and most disruptive minds in the blockchain space – appears to stand apart from the rest of the crowd. In fact, some are calling this company "the Uber of Crypto" or the "AirBnB of digital storage."

That company is Cloud Nine Web3 Technologies (CNI; CLGUF), and the company's unique stockpile of interconnected applications and Intellectual Property has it uniquely positioned to take advantage of a new bull market for cryptocurrencies. Cloud Nine's recent acquisition of Limitless Blockchain Technologies provides it with a foundation that is designed to maximize user experience and customer loyalty. And the company is emerging just as the new bull market in cryptocurrencies is beginning to take off.

More info: https://www.prnewswire.com/news-releases/smart-money-is-betting-big-on-the-future-of-crypto-301253772.html

Incentivised Posting / Shill / ALTCON equipment HOLLAND

« on: March 25, 2021, 06:43:52 PM »

Used Trucks & Trailers for Sale at TruckPaper.com. Over The Road and Commercial Trucks, Peterbilt, Volvo, Mack, and more.
HOMEDEALER LISTALTCON equipment HOLLAND

ALTCON equipment HOLLAND
ALTCON equipment"- specialist in road construction equipment and civil engineering

Sales & Trade in Rental Transport Service and spare parts We co-operate with many construction companies in Europe, USA, Canada and Austrlia to supply you only high-quality machinery.

" ALTCON equipment"- der führende Experte im Straßenbautechnik und Beratungsleistungen. Herzlich Willkommen auf unsere neue Website. Unser niederländisches Unternehmen hat einen hohen Stellenwert auf dem Markt von gebrauchte und neue Straßenbautechnik . Seit 10 Jahre sind wir aktiv in der Zusammenarbeit mit vielen Baufirmen aus Europa, USA, Kanada und Australien. Unsere Vorteile: - Verkauf von Technik aus dem eigenen Fuhrpark (mehr als 30 Fahrzeuge) - Lieferung auf Anforderung - Durchführung von Vorverkaufs Service - Angemessene Preise - Garantierte Qualität - Flexible Lieferung - Lieferung mit eigenen Fahrzeugen - Bereitstellung von Zolldienstleistungen - Training für manuelle Exploitation von Technik - Russisch sprechende Peronal - Eigene Vrtretung in vielen Städten Wir bieten folgende Technik an: Asphaltfertiger: (Demag, Vögele, ABG/ VOLVO, Dynapac, Hanomag, etc.) Walzen: (HAMM, Bomag, Caterpillar, ABG, Ammann, Komatsu,Dynapac, Vibromax, etc.) Asphaltfräsen: (Wirtgen, Dynapac, ABG, Caterpillar, Bitelli, etc.)

More info: https://www.truckpaper.com/dealer-directory/altcon-equipment-holland/listings/trucks/for-sale/list?PCID=2001224629

Incentivised Posting / Shill / ALTCON

« on: March 25, 2021, 06:42:18 PM »

Buying a used machine is the best investment you can make. A machine with a shorter depreciation period means that the machine has a quicker return on investment. This gives you the opportunity to make other investments. Afraid of more maintenance on your used machine? Our technical experts ensure a longer life for your machine.

We make the difference
At ALTCON, we stand for a longer life of a machine. When a machine arrives, our team of experts takes over. They will check the machine thoroughly to ensure quality. Hundreds of customers in more than 50 different countries already rely on our all-round service. What if something breaks down? We provide you with the fastest and highest quality service to ensure you’re back in business in the blink of an eye. When your machine leaves our site, our collaboration gets even better!

Working at ALTCON
At ALTCON, we are constantly looking for driven and motivated impact makers. ALTCON Equipment is one of the largest players in the European market for used road construction machinery. Thanks to our excellent collaborations. At ALTCON, you can make a difference. We offer you freedom and independence in exchange for passion and expertise. Are you that action-taker who is ready for a new challenge.

More info: https://altcon.com/about-us

Cryptocurrency Price Speculations / Ethereum Price Prediction | Will ETH Value Rise

« on: March 25, 2021, 06:30:56 PM »

Ethereum is a cryptocurrency protocol that’s vastly different than Bitcoin, Litecoin, or other payment technologies, giving it additional value and potential. This guide helps understand that potential value through price predictions from experts and analysts alike.

Intro
Ethereum is vastly different from other cryptocurrencies such as Bitcoin, Litecoin, or even Ripple. Ethereum is a blockchain protocol for smart contracts, and Ether, also called ETH, is the native cryptocurrency that powers the Ethereum blockchain.

Ethereum runs smart contracts on what it calls the Ethereum Virtual Machine, which is essentially a supercomputer built on the blockchain. Because of its unique structure and being the first of its kind, Ethereum price predictions can be extremely high, with so many investors and industry experts believing in Ethereum growth in the long-term.

Ethereum projected growth as a network is also high, as the blockchain is not only used for smart contracts and transactions, but actual crypto assets are often built on Ethereum’s blockchain, giving it added value as speculation around the future of the crypto market is positive.

Because there is so much positivity surrounding cryptocurrencies and Ethereum potential is so high, many are left wondering “will Ethereum rise like Bitcoin,” and “how high can the price of Ethereum go?” This Ethereum price prediction guide will help paint a clear picture of estimated growth and the projected value of Ethereum over the years.

More info: https://primexbt.com/blog/ethereum-price-prediction-forecast/

Binance / Binance – Cryptocurrency Trading Exchange

« on: March 24, 2021, 12:43:17 PM »

Binance is a leading cryptocurrency exchange that offers trading on the likes of Bitcoin. Our review looks at the login procedure, fees, API offering, and its decentralised exchange service (DEX). We’ll also unpack the range of Binance markets, from crypto futures and options to leveraged tokens.

What Is Binance?
Customers buy, sell and manage crypto assets for investment on the Binance exchange. The secure online platform offers multiple crypto trading products while holding licenses with several regulatory agencies. The firm has an average daily trading volume of over $2 billion and its owner – Changpeng Zhao, has a personal net worth of more than $2 billion.

Access
The company’s services are available in many jurisdictions including in the UK, Uganda, Nigeria, and the US. Binance Europe Services Limited is based in Malta and serves as the organisation’s headquarters.

Binance Markets Limited is the trading name of the UK operation which follows regulations from the Financial Conduct Authority (FCA) and has an office address in London. Potential UK customers should note that individuals dealing in crypto assets may be subject to income and capital gains tax.

The firm recently announced the closure of its local branch, Binance Jersey (Binance.je), as its services are now available with the global entity. Customers with this branch should sign in with their login credentials to withdraw any funds from their accounts before the website is shutdown.

More info:https://www.daytrading.com/binance

Polkadot Forum / Cardano vs. Polkadot

« on: March 24, 2021, 12:34:33 PM »

In this article I set out to investigate Cardano and Polkadot, the two most promising blockchain usability platform proposals for DeFi and Dapps.

I will analyse the differences between the two based on the issues that have the greatest impact on the development and operation of the networks.

Quantitative data is from February 2021.

Delegation
Polkadot
It has nominators and validators.

When nominating, tokens are locked for 28 days.

The nominator can lose DOT as punishment if a validator is sanctioned for misbehaviour.

There is a minimum amount of DOT required to earn rewards. This amount is dynamic.

It can be delegated to up to 16 validators and once pools are chosen to produce blocks, the protocol will choose one of those 16 validators to support with your nomination.

A pool is “oversubscribed” when it has more than 128 nominators. This means that only the top 128 nominators, as measured by the amount of nominations assigned to that validator, will receive rewards. All other nominators do not receive rewards.

In order to manage a validator pool, a minimum amount of DOTs is required. This amount is dynamic and depends on certain factors.

Annual yield: ~ 14%.

Cardano
Cardano has delegators and pools.

Tokens are not locked. You can move them whenever you want.

There are no penalties, Cardano works with incentives instead. You can never lose ADA, you just might not collect rewards if a pool doesn’t sign blocks in an epoch (every 5 days) or collect less rewards if it gets saturated with delegation.

There is no minimum amount required to earn rewards. You only need a deposit of 2 ADA to register your wallet (returnable upon delegation cancellation) and 0.17 ADA for the one-time network transaction fee.

Pools can become saturated. Any delegation that exceeds 100% saturation decreases the rewards per delegator, which incentivises some delegators to seek out unsaturated pools, thus promoting decentralisation of the pool network.

More info: https://forum.cardano.org/t/cardano-vs-polkadot/47888

Crypto Exchanges / Top 10 Best Cryptocurrency Exchange Platforms in 2021.

« on: March 23, 2021, 01:04:48 PM »

Please read our disclaimer on investment related topics before proceeding.

Cryptocurrency, especially Bitcoin, remains as a hot topic since 2013. In January 2013, 1 Bitcoin was worth around $20 and in early 2021, the value of 1 Bitcoin has reached $50,000. Bitcoin and other cryptocurrencies, as speculative investments, have generated numerous billionaires as well as those that lost their investments by untimely selling their coins or by forgetting the password to their digital wallets.

We have previously covered topics such as: applications of the blockchain technology, blockchain consultancy, and we have also identified some popular cryptocurrencies (Pi Network, Bee Network, Electroneum) that seem to be like Bitcoin but are less likely to benefit others except their founders. Now we cover how to invest in cryptocurrencies:

What is a cryptocurrency?

Why do cryptocurrencies rise in value?

How to buy Cryptocurrencies?

What to consider before choosing your Crypto Exchange?

1. Security

2. Volume

3. Verification (KYC) Process

4. Number of Coins and Number of Fiats

5. Commissions

What are the best cryptocurrency exchange platforms?

What is a cryptocurrency?

A cryptocurrency is a virtual currency that is protected by cryptography, which prevents it to be double-spent and counterfeited. Many cryptocurrencies are decentralized networks based on the blockchain technology—which relies on distributed ledgers enforced by a diverse network of computers. This ensures that transactions made with cryptocurrencies are anonymous and untraceable, which enables both parties involved in the transaction to not share their sensitive data with third parties such as banks or other transaction providers. Security put aside, using cryptocurrencies have several other benefits such as:

Elimination of Banking Fees

Low Transaction Fees for International Payments

Being accessible from anywhere and from any device that have an internet connection

.

More info: https://research.aimultiple.com/cryptoexchange/

ক্রিপ্টোকারেন্সি ট্রেডিং এবং এক্সচেঞ্জ গুলি / Future trending বলতে কি বুঝায়?

« on: March 23, 2021, 04:11:59 AM »

ফিউচার ট্রেড সম্পর্কে যদি কোনো সিনিয়র ভাই জেনে থাকেন তাহলে বিস্তারিত আলোচনা করে যাবেন এতে করে আমাদের ফোরামের যারা ট্রেডিং সম্পর্কে ভাল বোঝে না ফিউচার টেন্স সম্পর্কে ভাল বোঝে না তারা কিন্তু বিস্তারিত জানতে পারবে এখান থেকে ধন্যবাদ

Binance / Binance Review and Comparison

« on: March 18, 2021, 08:38:44 AM »

Binance is one of the leading trading platforms around, with over 200 coins supported for deposit and withdrawal. In this review I’ll cover the main things you need to know before signing up.

From Binance Review - 5 Things to Know Before Signing Up (2021 Updated)
https://99bitcoins.com/bitcoin-exchanges/binance-review/

<h2>Binance Review summary</h2>
<p><a href="/goto/binance" target="_blank" rel="nofollow noopener noreferrer">Binance [/url]is a crypto trading platform that offers one of the most competitive rates around. Whether you’re a beginner or a seasoned trader looking to trade crypto, this is probably the easiest and cheapest way to go.</p>
<p>The platform accepts users from around the world and has received favorable reviews from the crypto community. Recently the exchange has also partnered with 3rd party companies such as Simplex to allow credit card and wire transfer purchases of cryptocurrencies at a premium. Finally, US users can trade on <a href="https://99bitcoins.com/binance-us" target="_blank" rel="nofollow noopener noreferrer">Binance-US[/url] which is compatible with US trade regulations.</p>
<p>That’s Binance in a nutshell. If you want a detailed review of Binance keep on reading, here’s what I’ll cover:</p>

From Binance Review - 5 Things to Know Before Signing Up (2021 Updated)
https://99bitcoins.com/bitcoin-exchanges/binance-review/
<h2>1. Binance Overview</h2>
<p><a href="https://99bitcoins.com/goto/binanace" target="_blank" rel="nofollow noopener noreferrer">Binance[/url] is a Hong Kong–based cryptocurrency exchange launched by developer <a href="https://www.linkedin.com/in/cpzhao" class="external" rel="nofollow" target="_blank">Changpeng Zhao[/url] (aka CZ) in July 2017. Zhao’s company Beijie Technology created the exchange after <a href="https://www.binance.com/resources/ico/Binance_WhitePaper_en.pdf" class="external" rel="nofollow" target="_blank">a successful ICO[/url] that raised $15 million.</p>
<p>Investors who invested in the ICO got Binance Coin (BNB) in return which can be used to trade cryptocurrencies and pay for fees on Binance. BNB’s initial value was around $0.1, and as Binance got more and more popular the coin appreciated in price.</p>
<p>Beijie Technology and its founder maintain an impressive track record within the industry. Zhao’s CV includes high-profile positions, such as technical director at Blockchain.com, and his company now provides trading systems for over 30 other platforms.</p>
<p>Following struggles with the Chinese government’s views on cryptocurrencies, Binance now runs its servers from more lenient states, providing it with the freedom to run a competitive exchange service:</p>
<p>“In response to China’s decisions, we are moving our IP’s from Hong Kong to an offshore location. So we are registered in multiple locations and we have people in multiple locations. That way we will never be affected by one regulatory body,” explained Zhao.</p>
<p>The trading exchange has been experiencing astounding success since its summer launch, and it now sits around the top ten in terms of 24-hour trading volumes on <a href="https://coinmarketcap.com/exchanges/volume/24-hour/all/" class="external" rel="nofollow" target="_blank">Coinmarketcap[/url].</p>

<h2><a id="exchange" data-ps2id-target="" class="_mPS2id-t">[/url]2. Binance Services</h2>
<h3>Binance Exchange</h3>
<p>Binance‘s Exchange allows users to exchange fiat for Bitcoin or other coins. There are several ways you can buy crypto on Binance:</p>
<h4>P2P trading</h4>
<p>A very neat feature, Binance provides a peer-to-peer (P2P) trading service, which connects buyers and sellers of cryptocurrency directly. This facilitates fiat payments, with a wide variety of payment options that depend on the users’ preferences.</p>
<h4>Credit/Debit card:</h4>
<p>Binance has recently partnered with Simplex to supply a brokerage service via credit and debit cards. This service allows you to<a href="https://www.binance.com/en/creditcard" class="external" rel="nofollow" target="_blank"> buy 31 different cryptocurrencies[/url] with a credit card. However, this service comes with a premium that can get as high as 3.5% fee for USD purchases.</p>
<h4>SEPA/Wire transfers</h4>
<p>Thanks to integrations with additional 3rd party providers, Binance now enables its users to buy crypto directly with fiat using SEPA & bank transfers. This option is especially attractive, as SEPA & wire deposits entail no transaction fee at all. On the downside though, while this payment method is available for several fiat options such as euros, CAD & AUD, it is not available for USD deposits.</p>
<p>Last, Brave, the privacy-focused browser integrated a Binance Widget for in-browser trading. The widget allows users to buy and trade crypto through Binance, as well as view and manage their crypto portfolio.</p>

<h3><a id="trade" data-ps2id-target="">[/url]Binance Trading Platform</h3>
<p>Trading on Binance is fairly easy and user friendly. There’s an impressive cryptocurrency selection available for trading in conjunction with the Bitcoin, Ether, BNB, XRP and Tether trading pairs. Crypto/fiat paris are also available on Binance’s fiat markets.</p>
<p>Users can choose between the “basic”, “classic” and “advanced” interfaces for order book style trading plus margin, peer-to-peer and OTC trading options.</p>
<h4>Spot trading</h4>
<p>For spot trading, users can select between three different interfaces, based on their experience level. The classic interface allows a quick view of market and trading pairs, making it easier to switch pairs. The advanced view gives users access to advanced charting tools.</p>

More info:
From Binance Review - 5 Things to Know Before Signing Up (2021 Updated)
https://99bitcoins.com/bitcoin-exchanges/binance-review/
https://99bitcoins.com/bitcoin-exchanges/binance-review

Polkadot Forum / Forthcoming Parachains Represent the Last Piece Needed to Complete the Polkadot

« on: March 18, 2021, 08:33:49 AM »

As the Polkadot project enters the final phase of a strategic rollout that’s been orchestrated over the last year, prominent stakeholders Moonbeam, Acala and Centrifuge shed a light on the future of the ecosystem and how the blockchain’s infrastructure will deliver its advantages for users.

Soon To Be Parachain Projects Underline Their Perspectives On Polkadot
Ahead of a formal launch of the parachain functionality on the Polkadot network protocol, Zero-Knowledge Podcast host Anna Rose joined several key crypto stakeholders to discuss how this progress will transform the blockchain landscape for developers and users alike. The conversation centered primarily on how three budding projects plan to use these advances and the promise the future holds.

Bringing Parachains To Life
Parachains play a fundamental role in unlocking the complete functionality of the Polkadot network. As the final stage of the overall rollout proceeds, many commentators seek to compare the network with other noteworthy developments. For Fabian Gompf, who serves as Vice President at Parity Technologies, these comparisons miss the mark.

According to Gompf,

Eth2 just launched, those are the shards, that’s the capabilities, please deploy on top of them. Polkadot is a little bit more: here’s this meta infrastructure, you can actually now start deploying these shards and there’s an economic gain on how they’re allocated.

He continues by underlining,

Ultimately Polkadot is also a sharded blockchain protocol. But with the key difference compared to Ethereum 2 that, instead of each shard being an issue of execution environment and each shard looking exactly the same, these shards can look vastly different.

Unlike Ethereum’s use of shards for exclusively the same purposes, Polkadot’s shards grant more technical and economic freedoms, enabling each shard to host a unique project. Parachains will effectively materialize this ambition.

Parachains are like flipping the switch from this skeleton thing to an actual open developer platform…then we can actually use all of the tools that we’ve been building over the last year or two to deploy stuff.

More info: https://news.bitcoin.com/forthcoming-parachains-represent-the-last-piece-needed-to-complete-the-polkadot-puzzle/