Category: CRYPTOCURRENCY
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Token Burns: Why They Matter For Investors
Token Burns: Why they Matter for Investors In the world of cryptocurrency, a “token burn” referers to the deliberate destruction or elimination of a certain token, often as a form of community-driven regulation, governance, or marketing. In recent years, token burns have become a popular Practice Among Investors and Projects Looking to Maintain Control Over…
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The Role Of Community Engagement In The Success Of Ethereum Classic (ETC)
The role of community participation in the success of Ethereum Classic (etc.) In recent years, the world of cryptocurrency has witnessed an increase in the number of decentralized applications and networks. Among these, Ethereum Classic (etc), an open source blockchain platform, has gained significant attention for its unique characteristics and an innovative approach to decentralization.…
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Ethereum: Why do keys need both X and Y coordinates, if X can be solved for Y using the curve equation?
Understanding Ethereum Private Keys: The Role of X and Y Coordinates The Ethereum blockchain, like other cryptocurrencies, uses public-key cryptography to secure transactions and control access to funds. A key aspect of this system is the private key, which allows users to manage their funds. However, you may wonder why both X and Y coordinates…
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Bitcoin: Wasabi coinjoin and the “Chainalysis demixing”
The Mysterious Case of Wasabi Coinjoin and Chainalysis’ “Demixing” In the world of cryptocurrency, the term “coinjoin” has become synonymous with illicit activities and large-scale transactions. One such case that garnered significant attention was the alleged Wasabi coinjoin heist, which saw a 50 BTC transaction go undetected due to a clever exploit known as coinjoin.…
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The Evolution of dApps: Integrating AI for Better User Experience
DApps Development: Integrating AI for a Better User Experience In the rapidly growing world of decentralized applications (dApps), one innovative solution is coming to the fore – artificial intelligence (AI). AI is revolutionizing the way dApps interact with their users, and its impact on the entire ecosystem cannot be overstated. In this article, we will…
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Ethereum: What encourages Bitcoin miners to relay blocks?
Motivation to Achieve: Understanding Bitcoin Mining on the Blockchain Network As a Bitcoin miner, you are an integral part of the decentralized network that powers this global digital currency. When you successfully mine a new block and receive it from an older miner, your goal is to spread it across the network, ensuring its integrity…
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Bitcoin: How do you finalize a PSBT when the last signature is provided by a HWW?
Here is an article about finalizing PSBT (Proof of Stake Bulletproofs) when the final signature is provided by a hardware wallet (HWW): Finalizing PSBT with HWW Signature When using device APIs for hardware wallets such as Ledger or Trezor, you may encounter situations where the final signature is not yet provided. However, it is important…
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The Role of Transparency in AI-Enabled Crypto Solutions
The Role of Transparency in AI-enabled Cryptocurrency Solutions In recent years, artificial intelligence (AI) has become increasingly popular, and significant progress has been made in various fields, including finance, healthcare, and technology. One of the most promising applications of AI is in the field of cryptocurrencies, where it can be used to increase security, efficiency,…
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Ethereum: If bitcoin is indivisible, where does change come from?
The Conundrum of Change: Understanding Ethereum’s Role in Reducing Unspent Inputs With digital currencies like Bitcoin, the concept of “change” can be confusing. If you want to give someone a certain amount of cryptocurrency, say 0.22 BTC, and they have an input of one Bitcoin (1 BTC), how does the system solve this problem? The…
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Ethereum: Mining Bitcoin on Linux with CUDA?
Mining Bitcoin on Linux with CUDA: A Practical Guide As a long-time cryptocurrency enthusiast and open source project developer, I am excited to share with you a unique opportunity to mine Bitcoin (BTC) on Linux using NVIDIA’s CUDA (Compute Unified Device Architecture) technology. While it is possible to write your own custom script or use…