Category: CRYPTOCURRENCY
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Ethereum: Is there any way to store personal data in a blockchain?
Ethereum: Can You Store Personal Data in the Blockchain? When it comes to storing personal data, many people assume that it’s not possible due to the decentralized nature of blockchain technology. However, there are ways to handle private personal data like medical records securely. What is a blockchain? A blockchain is a public ledger that…
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Moving average convergence, divergence, reversal pattern, price volatility
“Cryptocurrency Markets Take Advantage of Price Volatility to Create Reversal Patterns” The cryptocurrency market is known for its extreme price volatility in recent years, with prices fluctuating wildly from day to day and even hour to hour. This volatility is driven by a complex interplay of several factors, including the behavior of key technical indicators…
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Ethereum: what should be done to prevent the creation of mining pools?
Disincentivizing Mining Pools: The Way Forward for Ethereum As the global cryptocurrency landscape continues to evolve, Bitcoin’s market dominance has raised concerns among some segments. One area of particular interest is the role that mining pools play in achieving and maintaining this dominance. While mining pools have been a key component of the Bitcoin network,…
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Metamask: How to add Geth and Ganache to metamask?
Here is the article you requested: Adding Geth and Ganache to Metamask When building and deploying smart contracts, it is important to test them thoroughly before deploying them to the mainnet. Two popular tools for this purpose are Geth (the Ethereum 2.0 transition layer) and Ganache (a local Ethereum testbed). However, connecting Geth and Ganache…
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Contribution of AI to the optimization of energy consumption during blockchain mining
The Role of Artificial Intelligence in Optimizing Energy Consumption in Blockchain Mining As the world’s leading cryptocurrency markets continue to grow, so does the demand for energy. The increasing number of miners operating globally has put a strain on the world’s energy resources, and blockchain mining is one of the primary contributors to this problem.…
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Altcoin, market dynamics, cryptocurrency trading
The Cryptocurrency Market: Understanding the Dynamic Forces Shaping its Price Cryptocurrencies have experienced unprecedented growth and volatility in recent years. The market has been driven by a complex interplay of factors, including technological innovation, regulatory changes, supply and demand dynamics, and market sentiment. In this article, we will delve into the key aspects of the…
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Reducing energy costs in cryptocurrency mining using AI technologies
Reducing Energy Costs in Cryptocurrency Mining with AI Technologies The rise of cryptocurrency mining has led to a significant increase in energy consumption, as thousands of powerful computers are needed to solve complex mathematical equations and validate transactions on the blockchain. However, the high energy costs associated with this process have sparked concerns about the…
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Ethereum: Bitcoin API – createmultisig – what is redeemScript?
Discover Ethereum Createmultisig Features In recent years, Ethereum has introduced various smart contract features that allow developers to build complex applications on the blockchain. One such feature is “createmultisig,” which was introduced in the 2020 EIP-1559 update. In this article, we will dive into the details of the createmultisig function and its parameters, with a…
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Bitcoin: Are the IDs, IP addresses, or Onion addresses of nodes with which issues have occurred shared across many different Lightning service providers?
I can provide you with an article on this topic. Bitcoin: Lightning Service Provider Sharing Issues The Lightning Network, Bitcoin’s second scaling solution, has encountered several issues that have affected various Lightning Service Providers. These issues often relate to the security and reliability of the nodes that handle network transactions and data. In this article,…
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Ethereum: What prevents miners/nodes from lying about block mining times?
The Ethical Dilemma of Proof-of-Work: How Miners and Nodes Can Get Away with Not Reporting Block Mining Times As the world’s largest cryptocurrency by market capitalization, Ethereum has faced numerous challenges in maintaining the integrity of its blockchain network. One of the most significant concerns is the issue of proof-of-work (PoW) validation, which relies on…