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Showing 20 of 22 results by Prisca101
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Topic
Board Bitcoin Discussion
Topic OP
The aim and objective of cryptocurrency
by
Prisca101
on 06/04/2023, 23:09:55 UTC
I think we all believe that, the goal of cryptocurrency is to provide a decentralized and trustless system for conducting transactions and storing value.
Tell us more and I will be glad to learn from you. ❤
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Topic
Board Development & Technical Discussion
Re: what is oracle ?
by
Prisca101
on 06/04/2023, 22:51:13 UTC
In blockchain technology, an oracle is a third-party service or agent that provides external information to a smart contract on the blockchain.
An oracle is used to bridge the gap between the on-chain and off-chain worlds by providing the smart contract with access to information outside of the blockchain, such as market prices, weather conditions, or other real-world events. Oracles can be centralized or decentralized, with decentralized oracles being preferred in many cases as they provide a more secure and trustless solution. However, there are still challenges in creating reliable and trustworthy decentralized oracles, as they require mechanisms to ensure the accuracy and integrity of the data they provide.
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Topic
Board Altcoin Discussion
Re: Banks are collapsing. Will Bitcoin and other cryptocurrencies rise from here??
by
Prisca101
on 06/04/2023, 21:15:24 UTC
This is what what we eventually happen when it's reach the final stage. I won't be surprised seeing Bank close down because of cryptocurrency.
Post
Topic
Board Mining
Re: How do solo miners earn
by
Prisca101
on 06/04/2023, 21:08:34 UTC
Solo mining as the name implies, 😊 is like playing gamble.There's no assurance that the miners would get something at the end. Although it's all about luck.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin can't become world currency (at least now).
by
Prisca101
on 06/04/2023, 21:00:20 UTC
Bitcoin has the potential to become a world currency, but there are several challenges and obstacles that it needs to overcome before it can achieve that status. Here are some factors to consider., *Volatility *Adoption *Regulations *Infrastructure and Competition.
However; it's possible that Bitcoin could play a more significant role in the global economy in the future.
Post
Topic
Board Bitcoin Discussion
Topic OP
Bitcoin's Role in Africa
by
Prisca101
on 06/04/2023, 20:42:06 UTC
Bitcoin is a digital currency that operates on a decentralized system and has gained significant popularity in Africa in recent years.
Bitcoin has the potential to play a significant role in Africa's economic development by providing financial inclusion, reducing remittance fees, creating new business opportunities, and increasing transparency and accountability.

Post
Topic
Board Bitcoin Discussion
Re: Do women engage in crypto trading
by
Prisca101
on 06/04/2023, 19:54:29 UTC
According to a 2020 study by Gemini, a cryptocurrency exchange, 26% of cryptocurrency investors in the United States are women. While this is still a relatively low number compared to men, it does show that women are actively participating in the industry.

There are also many women-led initiatives and organizations in the cryptocurrency space, such as the Women in Blockchain Foundation and the Women in Crypto meetup group.
Post
Topic
Board Altcoin Discussion
Topic OP
Is growth of #Ethereum really coming?
by
Prisca101
on 06/04/2023, 03:21:18 UTC
Ethereum is a blockchain platform that allows developers to build decentralized applications (dapps) and smart contracts. It is the second-largest cryptocurrency by market capitalization after Bitcoin, and has a large developer community and ecosystem of decentralized finance (DeFi) applications built on top of it.
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Topic
Board Bitcoin Discussion
Merits 7 from 3 users
Topic OP
What are the most difficult time you have experienced in cryptocurrency market?
by
Prisca101
on 05/04/2023, 17:19:58 UTC
⭐ Merited by The Cryptovator (4) ,bitmover (2) ,imamusma (1)
Cryptocurrencies have experienced various challenging times throughout their history, and different people may have different opinions on which time was the most difficult. Here are a few examples:

1. The Mt. Gox Collapse: In 2014, Mt. Gox, one of the largest Bitcoin exchanges at the time, declared bankruptcy after losing around 850,000 Bitcoins, which were worth over $450 million at the time. This event led to a significant loss of confidence in cryptocurrencies and resulted in a significant drop in their value.

2. The Crypto Winter: From late 2017 to early 2019, the cryptocurrency market experienced a prolonged bearish phase, which is commonly referred to as the "crypto winter." During this time, the total market capitalization of cryptocurrencies declined by over 80%, and many projects and businesses related to cryptocurrencies went bankrupt.

3. China's Crackdown on Cryptocurrencies: In 2021, China intensified its crackdown on cryptocurrencies, including Bitcoin mining and trading. This move caused a significant drop in the value of Bitcoin and other cryptocurrencies, and many Chinese investors and miners were forced to exit the market.

Overall, the cryptocurrency market is known for its volatility, and challenging times are not uncommon. However, these challenges have also led to innovations and improvements in the technology and infrastructure of cryptocurrencies, which have helped the industry to mature over time.

Please tell us your own experience about this topic. I want to learn more. ❤
Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin Transactions Made Without Internet? YES or NO
by
Prisca101
on 05/04/2023, 06:48:43 UTC
These methods involve using hardware wallets, QR codes, or mesh networks to facilitate transactions offline, but they still require an internet connection at some point to broadcast the transaction to the Bitcoin network for verification and confirmation. Or what's your take on this.?

Inconclusion;
It's important to understand that the internet is a fundamental component of the Bitcoin network and is required for transactions to be processed and confirmed. Any claim of conducting Bitcoin transactions without internet connectivity is likely to be misleading or fraudulent.
Post
Topic
Board Bitcoin Discussion
Topic OP
Can Bitcoin Transactions Made Without Internet?
by
Prisca101
on 05/04/2023, 05:29:16 UTC
These methods involve using hardware wallets, QR codes, or mesh networks to facilitate transactions offline, but they still require an internet connection at some point to broadcast the transaction to the Bitcoin network for verification and confirmation. Or what's your take on this.?
Post
Topic
Board Altcoin Discussion
Topic OP
What do you think about Dogecoin's market capitalization?
by
Prisca101
on 04/04/2023, 22:21:06 UTC
As the hype around the news mount, approximately $1.7 billion has been pumped into Dogecoin’s market capitalization in an extremely short period of time pushing the meme coin’s market cap to reach $12.76 billion, the highest figure since December 2022.

Post
Topic
Board Bitcoin Discussion
Re: Bitcoin can't become world currency (at least now).
by
Prisca101
on 04/04/2023, 17:01:33 UTC
Hello crypto bros!

Personally, I think that bitcoin won't become a new world currency like USD or EURO, but I think it would be widely accepted and used. But looking at some projects like El Salvador I just keep wondering, are there gonna be countries that will try making bitcoin their official currency and make all transactions using it?
Do you think there gonna be any consequences for that?

Why I think it's highly unlikely:
I think one of the problems is that it will be more expensive for people to use bitcoin than fiat. We can also say that it will create a huge load on the bitcoin network to make all these transactions so it will probably be even more expensive and slower because of that. Also worth mentioning that bitcoin is still pretty volatile and I don't see it becoming more stable in the future. And the whole system will depend on the miners and if there gonna be any problem with them, then the system will suffer. And another thing is that when people will see how volatile bitcoin is, they will try to exchange it to more stable asset that will dump the price of BTC as well.

So as a result, I think that bitcoin will probably stay as an asset and anonymous money. And it's not a bad thing, we need this kind of technology to exist.


It's difficult to predict the future of Bitcoin, but these are some challenges that would need to be overcome for it to become the world's currency:
1. Adoption, 2. Volatility, 3. Infrastructure, 4. Regulatory hurdles
After all of these, it's possible that Bitcoin could become a global currency in the future.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin usage in crime activity.
by
Prisca101
on 04/04/2023, 16:39:06 UTC
Hello crypto bros.
Today I want to discuss a pretty big problem that bitcoin adoption is facing.
Bitcoin is great in means of anonymous transactions and getting away from the banks and government control, but the problem is, it's the exact problem why criminals are using it. And it's a pretty big one. I'm not saying that criminals use bitcoin more than fiat, but we all can see that illegal services are widely accepting bitcoin.

The problem here is that the system should have some way to fight these criminals because we don't want bitcoin to be associated with drugs and sex trafficking,  but the problem is, by solving these problems we should get rid of anonymity which is a pillar for the bitcoin technology, so it can't be done. And this problem might be a big obstacle in mass bitcoin adoption and regulations that are coming.

So I want to hear your opinion: how to make bitcoin technology "safer" so we could fight a crime committed with crypto and help with bitcoin adoption without taking away the main features of bitcoin like decentralization and anonymity?


Bitcoin, like any other form of currency, has been used in criminal activities. Its anonymity and decentralized nature have made it attractive to criminals looking to hide their transactions and avoid detection by law enforcement. Some common criminal activities that involve Bitcoin include:
1.Darknet Markets 2.Ransomware 3.Money Laundering 4.Tax Evasion
It is important to note that while Bitcoin has been used in criminal activities, it is not inherently criminal. Bitcoin can be used for legitimate purposes, such as buying goods and services online or sending money to friends and family. However, it is important to exercise caution when using Bitcoin and to be aware of its potential risks and limitations.
Post
Topic
Board Speculation (Altcoins)
Re: A new fan token to make your dreams come true!
by
Prisca101
on 04/04/2023, 16:15:02 UTC
Please don't excuse poverty to use others name like that serial killer. It doesn't look good honestly, I appreciate you as a teenager and trying to do something for yourself and family. But this isn't the way that you should do.

I'll give you some advice.

Since you have made this token, you can just simply add it to your portfolio like past works that you've made and try to look for some other jobs for which you can apply your skills in making this token.

You can actually work and look for part time jobs online and be a freelancer. I hope this helps you and you won't feel bad of what I've said. Good luck.

I can't judge you. but don't try to be liabilities to another man. But seriously everyone needs help!
Post
Topic
Board Speculation (Altcoins)
Re: Virtacoin( VTA )
by
Prisca101
on 04/04/2023, 15:59:37 UTC
Looks good and believe to be one of the famous crypto next year. the price keep growing up


It's pretty cool to hear that. but i think, it can go a very long way to achieved that.

http://www.virtacoin.online
Post
Topic
Board Development & Technical Discussion
Re: More Explanation on mempool and candidate block
by
Prisca101
on 04/04/2023, 15:07:53 UTC
I'm a new member in these forums, and while doing research to learn how transactions can be added to blockchain, I came across two terms that confused me: memory pool and candidate block.
As a result, I require additional clarification. Thank you very much.

In the context of blockchain technology, a mempool is a collecti+on of unconfirmed transactions that have been broadcasted to the network and are waiting to be added to the next block. Each node in the network maintains its own mempool, which contains the transactions that it has received but have not yet been included in a block.   
Post
Topic
Board Development & Technical Discussion
Re: Feasibility of limiting the computational power of each node
by
Prisca101
on 02/04/2023, 10:21:29 UTC
If you add a computational power limit to each node in the Bitcoin base code, is this limit easy to crack? What I mean by cracking is not to increase the computational power by increasing the number of nodes, but can the set computational power be exceeded on a single node?
while it is possible to crack a computational power limit that is added to the bitcoin base code, the difficulty of doing so would depend on several factors. if the limit is properly designed and enforced, it should be difficult for the attackers to exceed the limit without being detected. However, it is still important for developers to carefully consider the potential risks and vulnerabilities of any changes to the bitcoin codebase.
Post
Topic
Board Bitcoin Discussion
Re: A victory for Bitcoin
by
Prisca101
on 02/04/2023, 09:51:00 UTC
Bitcoin has become the talk of the town in recent years . it is a digital currency that has gain immense popularity among investors and traders, in fact it's considered to be the future of money. Bitcoin is not only secure but also has the potential to provide higher returns on investment. The cryptocurrency has come a long way since its inception and has witnessed many ups and downs. however despite the setbacks, Bitcoin has emerged victorious, and its future looks bright.  one of the major reasons for the victory of bitcoin is its decentralized nature. unlike traditional currencies that are controlled by the government, the victory of bitcoin is not just limited to its growing acceptance, but also to the advancements in the technology behind it. The development of the Lighting Network, which allows for faster and cheaper transactions. Also the integration of smart contracts which enables the creation of decentralized applications, are just a few examples of how the technology behind Bitcoin is constantly evolving.
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Topic
Board Bounties (Altcoins)
Re: [BOUNTY] SUSUMI - Continuation
by
Prisca101
on 01/04/2023, 15:39:34 UTC

#PROOF OF REGISTRATION
BTT Username : Prisca101
BTT Profile Link : https://bitcointalk.org/index.php?action=profile;u=3472426
Telegram Username:@raymondonline
Participated Campaigns : Twitter,Facebook,instagram
BEP20 Address :0x5a9E0799a2FD05B27eCA70789AaE09b2fFB15a11