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Re: [Round 2] Utopia P2P - Official Android Review Campaign (Newbie - Legendary) 💎
by
ScoobyDu
on 06/02/2024, 17:35:02 UTC
The best thing about the utopia kay ham different channel join kr sktay jahan say nebiew kafi khuch learn kr saktey and update theirself with the latest information. and through these channel anyone can ask for guidance by joining  the channel. Best platform for newbies. Thanks!

https://www.talkimg.com/images/2024/02/06/vzCSP.jpeg
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Re: [Round 2] Utopia P2P - Official Android Review Campaign (Newbie - Legendary) 💎
by
ScoobyDu
on 05/02/2024, 21:46:22 UTC
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile
Bitcointalk Rank:     Jr. Member
BTC address for payouts:  bc1qwjprk759n7x8xeunhm3pvptqgzgnrcm4m5wvh7
USDT address (TRC-20) for payouts:  TSpNZJ3stHruC79NAqvHjU7G4bw7Ui7gyo
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Board Beginners & Help
Topic OP
Who Are Miners in Blockchain. Complete Guide For Beginners
by
ScoobyDu
on 23/11/2023, 11:51:31 UTC
I'm writing this to explain the word "miner" and show how important these people are to the blockchain environment. Whether you're new to blockchain or want a better understanding of this critical topic, I'm trying to give you a broad picture without getting too technical with mining.

So let's get started first with the term Bock Chain:

Blockchain is the digital technology that saves user data in the form of blocks over blocks and combines all of them in the form of a chain. Every blockchain block has a unique address that can be used to perform personal transactions.



Who is Miner?

We know a Miner is a person who mines raw materials from the earth, and in blockchain, the miner uses software that allows their computer systems to connect through any node being used for the mining process.

Who is a miner in blockchain:

Miner in the blockchain is one who participates in creating transactions of cryptocurrency and also one who is creating new cryptocurrencies and validating their transactions on blockchain. Blockchain is the way of saving data in the form of blocks over blocks and forming all of them in the form of a chain. Blockchain is basically a decentralized system that cannot be hacked. Data on the blockchain is present in encrypted form. To hack any particular transaction, the hacker needs to decrypt all the blocks of the blockchain to decrypt that particular transaction he wants to hack.

There are three types of miners that you must have to know.

Single-Person Miner:

Solo mining is one in which a single miner is responsible for carrying out the mining process on their own, without participating in a group of miners.

Pool Miner:

Pool mining is a technique that allows individual miners to earn payouts that are more consistent than those that they would receive individually. Because a large number of users are operating on the same network, pool miners in blockchain have the potential to produce a more significant profit.

Cloud Miner:

Cloud mining is a way to get cryptocurrency coins or tokens without having to use any tools or gear. For the most part, bitcoin mining coins are made by computers. Cloud mining lets you rent computer power from other people and make money. You will make more money if you rent computers.

Let's understand the advantages of Mining in Blockchain:

  • When you mine, you secure transactions and put them into blocks, which makes everything very safe. Hackers can't easily change transaction data because these blocks are secured. A block is part of a record that can't be changed once it's added to the blockchain.

  • Decentralization is a key part of building trust in the blockchain network, and mining helps it happen. There isn't a single point of control like in standard centralized systems. Miners check activities as a group, and a distributed network helps them come to an agreement. There is no longer any need to accept a central authority.

  • Anyone with the right hardware can join the network and mine, which makes transactions possible across borders. The fact that blockchain technology has wide adoption makes it easier for people from everywhere to use it, no matter where they live.


 It would make me happy to hear about any questions or ideas you have. As I explore the complex subject of blockchain, your insights and participation are highly appreciated.
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Re: Pakistan
by
ScoobyDu
on 22/11/2023, 14:39:44 UTC
OpenAI to Rehire Sam Altman as CEO

Do din pehly Microsoft ki CEO Satya Nadella nay Open AI kay CEO ko hire kia tha . laikin ab OPen AI nay Sam Altman ko hire kr lia hay. Sam Altman nay apnay Offical X(Formerly Twitter)  handle pay kaha hay kay (I’m looking forward to returning to OpenAI, and building on our strong partnership with Microsoft).Sam Altman

Sam Altman ko fire krnay kay baad company kay co founder Greg Brockman nay bhe apni position say resign kr dia tha. Now he also coming back to his position after the rehire of Sam Altan



source

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Re: Pakistan
by
ScoobyDu
on 21/11/2023, 12:05:16 UTC
US Justice Department is seeking more than US$4 billion from Binance to end criminal case

Binance ko US agencies ki taraf say legal and regulatory action face kr rha hay. In june, US ki securities agency nay Binance kay against aik case filled kia tha related to the mishandling of customer funds,  misleading investors and regulators, and breaking securities rules.

Is kay nateejay may binance kay founder Changpeng Zhao ko criminal charges face krna padega.

source
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Board Beginners & Help
Merits 1 from 1 user
Re: [Guide] What is recommended to follow "Social Media Or DYOR" in the crypto world
by
ScoobyDu
on 11/11/2023, 17:43:42 UTC
⭐ Merited by snowpega (1)

Conclusion:
In the world of cryptocurrency, I would say combination of both social media and DYOR is the best recommended decision to follow like if we see any hype or news on social media, we must conduct DYOR for that to verify that it is real or fake? and we should avoid impulsive decisions. By combining both approaches and following the recommendations aforementioned, investors can have benefits in the crypto landscape more effectively, minimize the risk and rate of success can be increased.

I always recommend do your own research. because on social media platform that you have mention like (Twitter, Reddit), most of the time people share incorrect prediction and try to trap the people. And the people who don't even have any connection with crypto world share their thought and spread false news. So instead of grab in lose  always do DYOR. It will help you to catch the real news and updates on cryptocurrency. and you can make your decision.
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Re: Pakistan
by
ScoobyDu
on 10/11/2023, 21:57:01 UTC
Samson Mow explains why it is not possible to ban

Samson Mow say in a interview, kay jin countries may Cryptocurrency ban hay. hmein un government ko cryptocurrency kay barey may zroor educate krna chahiye kay how actually cryptocurrency work. because if we do not educate government , to wo cryptocurrency kay related wrong policy bnatey rahey gay ...

source

Samson Mow is a chief security officer (CSO)of Blockstream, which is the leading provider of blockchain technologies, on the forefront of work in cryptography and distributed systems.
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Merits 1 from 1 user
Re: Pakistan
by
ScoobyDu
on 10/11/2023, 12:19:13 UTC
⭐ Merited by Sayeds56 (1)
Ethereum Gains BlackRock Support

The $9 trillion asset management firm BlackRock has registered for an Ethereum Trust in Delaware. Is $9 kay assets say etherium ki value may kaafi impact aye ga. For now Ethereum price is 2,095.08 USD. It is widely acknowledged my many of the organization that the registration of the BlackRock Ethereum Trust represents an important statement of assurance in the cryptocurrency world.

source
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Re: Pakistan
by
ScoobyDu
on 09/11/2023, 13:50:46 UTC
Pakistan Stock Exchange (PSX) has introduced Online Brokers’ Category for Startups, Fintechs and Others

Pakistan stock exchange just launched their Online broker category. yeh category PSX nay small investor kay liye introduce krwaee hay.. jis say small investor online trading kr sktay hay through an e commerce company.  Is ki kam say kam inestment Rs1 million hay jo kay broker ko always maintain rkhni ho ge.

source
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Board Bitcoin Discussion
Re: Evolution of Money: From Barter system to Bitcoin
by
ScoobyDu
on 07/11/2023, 12:33:46 UTC
You might be surprised that the barter system are still alive and well in some rural areas in 3rd world countries and even flee markets in 1st world markets. (People still exchange goods and services)

Then you will be more surprised that digital payment methods have been developed before Bitcoin existed, like MPesa in Africa. (Yes, it is a centralized payment method.... but it was revolutionary at the time)  Cheesy

you're absolutely right that digital payment methods have been around for quite some time before Bitcoin's emergence. But as you know world is changing day by day and thousand of invention are coming.  And new forms of money and financial systems are emerging. The existance of the barter system in some areas and the introduction of digital payment methods like you mentioned (MPesa) show that financial innovation takes various shapes and serves diverse needs. As technology continues to advance, we can expect even more changes in how we exchange value and conduct financial transactions. we are living in a exiting world Grin.
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Board Beginners & Help
Re: This Sheet May Help you to calculate Your Portfolio Easily.
by
ScoobyDu
on 28/10/2023, 12:44:50 UTC
I like the way you make a  google spreadsheet.  It makes the process easier to understand and assists you in visualizing the potential returns on your investment based on the numbers that are foretasted. it can certainly simplify the process for new users who are investing in Bitcoin. I make my sheet by following the instruction, and it turns out correctly.
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Board Bitcoin Discussion
Re: Bitcoin is health and health is Bitcoin.
by
ScoobyDu
on 28/10/2023, 12:23:14 UTC
their is something that is paramount for Bitcoin investment, it can to my knowledge that health is more of important than any investment, before you invite you have to treat yourself very properly, their is some people who prefer investment first before health. Do you know that when you are not healthy you will not be able to read and understand what you read.

 I have being unhealthy for a while but to read and make a research of coin I should invest , but due to health issues I could not make research.

in summary without a good health you will not think out of good project to invest. so without a proper health I don't think Bitcoin investment can be actualize.

Health should always come first. Being unhealthy makes it very hard to concentrate on anything, especially making smart financial decision. It's important to take care of your body and mind before you can do anything else, even spend money.

I hope you get better quickly and have a good time with your finances and health Kiss Cheesy.
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Board Bitcoin Discussion
Re: Evolution of Money: From Barter system to Bitcoin
by
ScoobyDu
on 28/10/2023, 12:12:13 UTC

Even the high commission fees charged by the banking system for international money transfers are an important reason to use cryptocurrencies. We can include bitcoin in payment systems, but for me, bitcoin is digital gold. Because btc is much closer to gold in terms of value retention and inflation protection. To realize a payment system that will be very common in the market, we will need usdt style coins. With the regulations that will take place in the crypto markets, crypto will be permanent for the payment system.

You have made an important point concerning the high commission fees that are connected with traditional banking systems for foreign money transfers. Because of these expenses, cryptocurrencies are frequently a more appealing choice than traditional banking systems. It is without a doubt thrilling and encouraging to look into the future of digital payments. I think, regulations will play a significant part in molding the future of cryptocurrencies and the use of these assets within payment systems. 
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Board Bitcoin Discussion
Re: "Lump sum Vs DCA" for Bitcoin Accumulation
by
ScoobyDu
on 28/10/2023, 12:02:45 UTC

Quote
Lump Sum and DCA are fine to do regardless of which one they prefer the most. In fact both strategies will only be profitable if they are actually executed at the right time. DCA at any price is fine mainly because of their approach to accumulation, but Lump Sum on dip is also fine. In my opinion, both strategies are mutually beneficial rather than finding out which one is the best between the two, but of course this must be adjusted to market conditions and also the budget we have.

yes, both strategies have their own importance. I think DCA provides a disciplined method for accumulating assets over time, and it's great for those who want to reduce their risk and they don't not need to worry too much about market fluctuation. And executing a Lump Sum investment during market dips can also be a sound strategy, taking advantage of lower prices.
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Board Bitcoin Discussion
Re: How will it affect your life if bitcoin price comes to $1 million per bitcoin?
by
ScoobyDu
on 26/10/2023, 12:02:53 UTC
Obviously i will become rich

and who have invested in it could become very wealthy.

But i don't think this is going to happen Grin
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Re: Pakistan
by
ScoobyDu
on 25/10/2023, 12:25:32 UTC
Flight cancellations in PIA's

Pakistan kay sab say busy airport may fuel or funds ki kamii ki wajah say koi flight operate nahi krr rhii .

Na he government funds provide kr rahi or na koi official fund krnay ko tiaar hay...

Flight cancellation say PIA kay revenue may or bhee Kami aye ge..

PIA is totally dependent on Our So called Government jo aky already IMF kay loans may phnsii huee hay

source
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Re: Pakistan
by
ScoobyDu
on 24/10/2023, 12:59:03 UTC
Shameful defeat to Pakistan by Afghanistan

https://i.ibb.co/GCXKMG3/Screenshot-10-23-2023-23-21-43.png


Pakistani team ne aaj afghanistan ke khelaf bahot naqis karkardagi ka muzahira kiya hai.itna to koi under 19 ki team bhi sharmnak tareeqy se na haarti jis tareeqy se ye haary hain.itni naqis hikmate amli,aur naqis bowling shahid hi kisi team ki ho,aur is se pehly world cup main itni kamzor karkardagi khabi pakistani team ki nahin rahi hai.na hamari batting hai na is team ki bowling hai,aur na fielding ,pir kis bina per is team ko world cup ke leye india baija tha.


I think is world cup kay badd khuch player ka one day may career waisey he khtm  ho jana hay.. or yeh baat hmarey players ko bhee pta hay .. laikin phir bhee koi perofrmance day he nahi raha..

imam should drop, Shadab and nawaz. or fast bowling ka Allah he hafiz hay.. now we need 2 3 naseem shah in our squad....

Mera nee khiaal kay is world cup kay baad pakistani log itna interest rakhay gay cricket may.
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Board Altcoin Discussion
Re: KuCoin Launches Futures 2.0
by
ScoobyDu
on 21/10/2023, 13:07:00 UTC

Are you a Kucoin user or any sort of representative of them? Or just wanted to share the update? Would like to ask whats the difference before this news maybe they lack all those features that makes them becoming more bold and in the competition. I am into Binance and Bybit when it comes to Future, so any progress from Kucoin might be a good one aside from doing spot there.


 I'm not a user or representative of KuCoin .The news I shared about KuCoin's features is meant to inform the community about their newly launch features, which may be of interest to other traders who may be seeking for a variety of options.
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Board Altcoin Discussion
Re: KuCoin Launches Futures 2.0
by
ScoobyDu
on 21/10/2023, 12:29:37 UTC
Well for spot traders this doesnt really mean anything. Never tried Kucoin Futures cause I am more on Binance future due to volume and app intuitive smooth experience.

But I appreciate OP for sharing the development on one of the biggest exchange, at least if ever Binance got a problem we can always rely to other platform like Kucoin. Ive just noticed too they already have p2p already. But never tried it yet.

I'm glad, you found my post appreciable, and I also appreciate your feedback. And i think it's very important for the crypto community to stay informed about developments on various exchanges, and KuCoin's progress . Exploring these platforms can open up more opportunities and broaden our trading experiences
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Board Bitcoin Discussion
Re: Evolution of Money: From Barter system to Bitcoin
by
ScoobyDu
on 21/10/2023, 12:25:22 UTC
Barter System to Bitcoin hmm, I think I had encountered many of such topics OP, Tokenization of every asset is today's trend but for the Payment mode, I think Bitcoin only holds that legendary mastery. From time to time exchange modes are revolutionizing. Still, the era of Paper currency aka fiat money to digital fiat money was so disappointing in the timeline where money lost its worth. It was no longer reliable for gaming transactions.

Although Bitcoin is getting more attention and recognition worldwide still we are far away from the emergence of this payment mode to a globally acceptable one in the context of legalization. This model is efficient so it will be a hard journey because it brought transparency, integrity, scalability, and decentralization all we needed together, so it is hard for those who always manipulated the payment mode for personal convenience for various purposes and who are those we all better know.

I agree, Bitcoin is gaining recognition and attention, the path to global acceptance and legalization is undoubtedly challenging. Established financial interests and regulatory hurdles pose significant barriers. but as more people recognize the benefits of Bitcoin and blockchain technology, the momentum for change continues to grow. It's a journey that holds the promise of reshaping the future of money and finance.

As more people recognize the benefits of this digital currency and governments adapt to the changing financial landscape, we may see a future where Bitcoin becomes a more universally accepted form of payment