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Bitcoin — the king of cryptocurrencies — uses the Proof of Work **POW **consensus algorithm to secure its network.
The high decentralization of the network makes the manipulation of the network impossible with today’s computing technology. This makes the Bitcoin network the **most secure **and largest blockchain network.
However, due to the enormous energy demand, low bandwidth, high transaction fees and limiting possibilities for developers, the language in which it is written make it inefficient for everyday use. Therefore, Bitcoin is only viewed as digital gold. An asset designed to hold value.
The Proof of Stake **POS **algorithm provides a more scalable blockchain with higher transaction throughput. Most blockchains today use this consensus and its derivatives to secure the creation of new blocks. With this solution,
the costs of energy consumption are negligible compared to the Proof of Work algorithm. However, it is less secure than a fully decentralized POW algorithm.
Blockstack uses a new **Proof of Transfer POX **consensus algorithm that allows the use of a highly secured Bitcoin network to create blocks in new blockchain such as Stacks. For example, by using the new Clarity programming language, we can develop the most secure Smart Contracts, opening the gate to the DeFi world for Bitcoin.
Miners wishing to secure the new network can spend their Bitcoins, which will participate in the creation of new blocks in **Stacks **blockchain. In return, they will receive STX coins. Also STX holders, called Stackers, optionally lock up their STX for a number of reward cycles, and in
doing so receive Bitcoin. This is one of the amazing things about proof
of transfer versus other proof of stake protocols:
Participants, on the other hand, will be rewarded in Bitcoin for the content they create. This will ensure stability in the early stages of project
development.
#blockstack #bitcoin #strefa.crypto #bitcoin-spotlight #bitcoin-staking
1620999272
Bitcoin — the king of cryptocurrencies — uses the Proof of Work **POW **consensus algorithm to secure its network.
The high decentralization of the network makes the manipulation of the network impossible with today’s computing technology. This makes the Bitcoin network the **most secure **and largest blockchain network.
However, due to the enormous energy demand, low bandwidth, high transaction fees and limiting possibilities for developers, the language in which it is written make it inefficient for everyday use. Therefore, Bitcoin is only viewed as digital gold. An asset designed to hold value.
The Proof of Stake **POS **algorithm provides a more scalable blockchain with higher transaction throughput. Most blockchains today use this consensus and its derivatives to secure the creation of new blocks. With this solution,
the costs of energy consumption are negligible compared to the Proof of Work algorithm. However, it is less secure than a fully decentralized POW algorithm.
Blockstack uses a new **Proof of Transfer POX **consensus algorithm that allows the use of a highly secured Bitcoin network to create blocks in new blockchain such as Stacks. For example, by using the new Clarity programming language, we can develop the most secure Smart Contracts, opening the gate to the DeFi world for Bitcoin.
Miners wishing to secure the new network can spend their Bitcoins, which will participate in the creation of new blocks in **Stacks **blockchain. In return, they will receive STX coins. Also STX holders, called Stackers, optionally lock up their STX for a number of reward cycles, and in
doing so receive Bitcoin. This is one of the amazing things about proof
of transfer versus other proof of stake protocols:
Participants, on the other hand, will be rewarded in Bitcoin for the content they create. This will ensure stability in the early stages of project
development.
#blockstack #bitcoin #strefa.crypto #bitcoin-spotlight #bitcoin-staking
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Join us on a musical journey through the charts. Piano Matt takes us through his Bitcoin technical analysis. We’ll go through 3 Bitcoin support channels and identify some key price points.
Find out where we need the price of Bitcoin to go in order for a bounce back. We’ll go through some scenarios as well as some of the most likely price ranges we could see BTC bouncing around in. Stay tuned for some morning TA!
📺 The video in this post was made by BitBoy Crypto
The origin of the article: https://www.youtube.com/watch?v=1F_TQAGbPFQ
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
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Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!
#bitcoin #blockchain #bitcoin hits new #bitcoin hits new low (top 3 key support channels) #bitcoin hits new low
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In an ideal digital world, everyone has open access to the Internet.
In that world, all traffic is treated equally without any blocking, prioritization, or discrimination.
That ideal world is one where there is widespread support for an open Internet that ensures that publicly available information is equally transmittable from - and accessible to - all people and businesses.
An open network ensures equal accessibility. Network (net) neutrality is a principle based on the idea that all communications on the Internet should be treated equally. It opposes any potential power that some organizations may have to implement different charges or vary service quality. Such actions can be based on a set of factors that include content, platform, application type, source address, destination address or communication method.
In essence, net neutrality demands that all data on the Internet travels over networks in a fair way that ensures that no specific sites, services or applications get favourable service in terms of speed or bandwidth. It also ensures that all traffic - no matter where it’s from - gets the same service.
The Internet is simply a network of computers sharing information.
A better question to ask would be if ISPs are acting in a fair way.
As the intermediaries between users and the sources of information on the Internet, some large-scale ISPs wield a great deal of power.
Some have been known to tamper with traffic using “middleware” that affects the flow of information. Others act as private gatekeepers that subject content to additional controls throughout the network by giving optimal bandwidth to certain sites, apps and services while slowing down or completely blocking specific protocols or applications.
#internet-day #net-neutrality #open-internet #internet #fix-the-internet #history-of-the-internet #internet-censorship
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C and C++ are the most powerful programming language in the world. Most of the super fast and complex libraries and algorithms are written in C or C++. Most powerful Kernel programs are also written in C. So, there is no way to skip it.
In programming competitions, most programmers prefer to write code in C or C++. Tourist is considered the worlds top programming contestant of all ages who write code in C++.
During programming competitions, programmers prefer to use a lightweight editor to focus on coding and algorithm designing. Vim, Sublime Text, and Notepad++ are the most common editors for us. Apart from the competition, many software developers and professionals love to use Sublime Text just because of its flexibility.
I have discussed the steps we need to complete in this blog post before running a C/C++ code in Sublime Text. We will take the inputs from an input file and print outputs to an output file without using freopen
file related functions in C/C++.
#cpp #c #c-programming #sublimetext #c++ #c/c++
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If you are familiar with C/C++then you must have come across some unusual things and if you haven’t, then you are about to. The below codes are checked twice before adding, so feel free to share this article with your friends. The following displays some of the issues:
The below code generates no error since a print function can take any number of inputs but creates a mismatch with the variables. The print function is used to display characters, strings, integers, float, octal, and hexadecimal values onto the output screen. The format specifier is used to display the value of a variable.
A signed integer is a 32-bit datum that encodes an integer in the range [-2147483648 to 2147483647]. An unsigned integer is a 32-bit datum that encodes a non-negative integer in the range [0 to 4294967295]. The signed integer is represented in twos-complement notation. In the below code the signed integer will be converted to the maximum unsigned integer then compared with the unsigned integer.
#problems-with-c #dicey-issues-in-c #c-programming #c++ #c #cplusplus