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Showing posts from January, 2021

What is Distributed ledger Technology?

  Distributed ledger technology (DLT) is one of the key technologies responsible for bringing the openness of the web back without compromising its security. The commercial and legal transactions can now be handled completely on the web as DLTs provide a more secure and accountable environment for exchanging digital assets in the forms of currencies, popularly known as   cryptocurrency . A distributed ledger is a distributed record of transactions, maintained by consensus among a network of peer to peer nodes. Consensus can be described professionally as an acceptable resolution, one that can be supported. It is basically a mechanism that is used to achieve the required agreement on single data between the distributed system. It is useful in recordkeeping. This means that certain rules should be followed before adding a new block to the chain. It further states that for anyone to earn the right to add information or block in the ledger one must solve the cryptographic problem which r

When Should I Sell Bitcoin?

  First, consider the ongoing market instability, there was a sudden jump in the price of Bitcoin with 15-18% growth in March. You are thinking bitcoin is worth to sell now, but remember Bitcoin still has the potential to go much far, maybe more than its previous highest price. Moreover, the crypto market still needs to grow, the market is slowly pacing up. The consumer protection will grow and this will make you more secure as bitcoin owner. Follow crypto experts on social sites, check crypto forums for more predictions and learn from people who were patient enough and earned more than they expected.