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Topic: [ANN] Workbit - Freelance platform - page 5. (Read 1266 times)

newbie
Activity: 5
Merit: 0
January 08, 2021, 08:33:27 AM
What is a masternode and how can you make money from it?
Masternodes are nodes in the cryptocurrency network that are responsible for verifying and approving transactions. Also, the list of responsibilities includes increasing the speed of work and user safety.
Masternodes are servers or computers with a static IP address. The prerequisites for work include a running wallet, full synchronization with the blockchain and round-the-clock activity.
brand new
Activity: 0
Merit: 0
January 08, 2021, 08:31:20 AM
What is a masternode and how can you make money from it?
Masternodes are nodes in the cryptocurrency network that are responsible for verifying and approving transactions. Also, the list of responsibilities includes increasing the speed of work and user safety.
brand new
Activity: 0
Merit: 0
January 08, 2021, 08:28:48 AM
What is a masternode and how can you make money from it?
brand new
Activity: 0
Merit: 0
January 08, 2021, 08:27:29 AM
At the beginning of the era of cryptocurrencies, mining was super profitable. An ordinary processor was enough to mine bitcoin, and as many as 50 coins were given for a solved block. Nowadays, the main cryptocurrency can be mined only with the help of expensive ASIC devices.
The threshold of entry has increased, and the niche itself is no longer so attractive. An alternative to this solution is masternodes.
The threshold for entry into conventional mining has really increased. Today, over 10 million GPUs are working on mining the most popular GPU coin - Ethereum. It's naive to hope for a big piece of the pie after starting your first farm.
You can also make money on cryptocurrencies using masternodes. Unlike mining, they don't have to invest in expensive equipment and worry about a possible fire.
In addition, compared to mining equipment, they almost do not consume electricity and do not interfere with the sleep of sensitive neighbors.
brand new
Activity: 0
Merit: 0
January 08, 2021, 08:26:20 AM
At the beginning of the era of cryptocurrencies, mining was super profitable. An ordinary processor was enough to mine bitcoin, and as many as 50 coins were given for a solved block. Nowadays, the main cryptocurrency can be mined only with the help of expensive ASIC devices.
The threshold of entry has increased, and the niche itself is no longer so attractive. An alternative to this solution is masternodes.
The threshold for entry into conventional mining has really increased. Today, over 10 million GPUs are working on mining the most popular GPU coin - Ethereum. It's naive to hope for a big piece of the pie after starting your first farm.
You can also make money on cryptocurrencies using masternodes. Unlike mining, they don't have to invest in expensive equipment and worry about a possible fire.
brand new
Activity: 0
Merit: 0
January 08, 2021, 08:23:12 AM
At the beginning of the era of cryptocurrencies, mining was super profitable. An ordinary processor was enough to mine bitcoin, and as many as 50 coins were given for a solved block. Nowadays, the main cryptocurrency can be mined only with the help of expensive ASIC devices.
The threshold of entry has increased, and the niche itself is no longer so attractive. An alternative to this solution is masternodes.
The threshold for entry into conventional mining has really increased. Today, over 10 million GPUs are working on mining the most popular GPU coin - Ethereum. It's naive to hope for a big piece of the pie after starting your first farm.
brand new
Activity: 0
Merit: 0
January 08, 2021, 08:16:14 AM
At the beginning of the era of cryptocurrencies, mining was super profitable. An ordinary processor was enough to mine bitcoin, and as many as 50 coins were given for a solved block. Nowadays, the main cryptocurrency can be mined only with the help of expensive ASIC devices.
The threshold of entry has increased, and the niche itself is no longer so attractive. An alternative to this solution is masternodes.
newbie
Activity: 19
Merit: 0
January 08, 2021, 08:09:57 AM
At the beginning of the era of cryptocurrencies, mining was super profitable. An ordinary processor was enough to mine bitcoin, and as many as 50 coins were given for a solved block. Nowadays, the main cryptocurrency can be mined only with the help of expensive ASIC devices.
jr. member
Activity: 125
Merit: 1
January 08, 2021, 04:20:41 AM
Will I be able to buy coins only after premine?
I think yes. Because they are not sold anywhere now and premine only for team members.
newbie
Activity: 32
Merit: 0
January 08, 2021, 04:17:23 AM
Will I be able to buy coins only after premine?
brand new
Activity: 0
Merit: 0
January 07, 2021, 02:14:55 PM
At its core, the algorithmic stablecoin system reduces the supply of tokens if the price falls below the value of the monitored fiat currency. If the price exceeds the required value of the pegged currency, then new tokens come into circulation in order to reduce the cost of the stablecoin.
You may have heard of this category of tokens called unsecured stablecoins.
From a technical point of view, this is an incorrect statement, since their value is provided by a certain mechanism, which in its qualities is analogous to the collateral, which is a strong distinguishing element from the previous types.
brand new
Activity: 0
Merit: 0
January 07, 2021, 02:12:15 PM
At its core, the algorithmic stablecoin system reduces the supply of tokens if the price falls below the value of the monitored fiat currency. If the price exceeds the required value of the pegged currency, then new tokens come into circulation in order to reduce the cost of the stablecoin.
You may have heard of this category of tokens called unsecured stablecoins.
brand new
Activity: 0
Merit: 0
January 07, 2021, 02:10:32 PM
At its core, the algorithmic stablecoin system reduces the supply of tokens if the price falls below the value of the monitored fiat currency. If the price exceeds the required value of the pegged currency, then new tokens come into circulation in order to reduce the cost of the stablecoin.
brand new
Activity: 0
Merit: 0
January 07, 2021, 02:07:18 PM
In order to get this kind of stablecoins, users block a special cryptocurrency in the contract, which then issues a certain number of requested coins.
In the future, to return the collateral, users send stablecoins to the same contract for reverse currency exchange (taking into account various commissions or interest rates).
Algorithmic stablecoins are not pegged to fiat or cryptocurrency. Instead, price stability is achieved solely by algorithms and smart contracts that manage the delivery of the token issue.
From a functional point of view, their monetary policy has similarities with the management of national currencies represented by central banks.
jr. member
Activity: 125
Merit: 1
January 07, 2021, 02:04:48 PM
In order to get this kind of stablecoins, users block a special cryptocurrency in the contract, which then issues a certain number of requested coins.
In the future, to return the collateral, users send stablecoins to the same contract for reverse currency exchange (taking into account various commissions or interest rates).
Algorithmic stablecoins are not pegged to fiat or cryptocurrency. Instead, price stability is achieved solely by algorithms and smart contracts that manage the delivery of the token issue.
newbie
Activity: 5
Merit: 0
January 07, 2021, 08:28:06 AM
In order to get this kind of stablecoins, users block a special cryptocurrency in the contract, which then issues a certain number of requested coins.
In the future, to return the collateral, users send stablecoins to the same contract for reverse currency exchange (taking into account various commissions or interest rates).
brand new
Activity: 0
Merit: 0
January 07, 2021, 08:26:19 AM
In order to get this kind of stablecoins, users block a special cryptocurrency in the contract, which then issues a certain number of requested coins.
brand new
Activity: 0
Merit: 0
January 07, 2021, 08:24:06 AM
The crypto-backing of stablecoins mirrors their fiat counterparts, with the main difference being that the cryptocurrency is used as collateral. However, due to the fact that cryptocurrency is digital, only smart contracts handle the issue of units.
Crypto-backed stablecoins minimize the necessary trust, for this reason it should be noted that their monetary policy is determined by the voters, by analogy with government structural elements.
In this case, you cannot completely trust the issuer, but you believe that all network participants will always act in the interests of users.
What does it take to get this kind of stablecoin?
brand new
Activity: 0
Merit: 0
January 07, 2021, 08:22:18 AM
The crypto-backing of stablecoins mirrors their fiat counterparts, with the main difference being that the cryptocurrency is used as collateral. However, due to the fact that cryptocurrency is digital, only smart contracts handle the issue of units.
Crypto-backed stablecoins minimize the necessary trust, for this reason it should be noted that their monetary policy is determined by the voters, by analogy with government structural elements.
In this case, you cannot completely trust the issuer, but you believe that all network participants will always act in the interests of users.
brand new
Activity: 0
Merit: 0
January 07, 2021, 08:20:00 AM
The crypto-backing of stablecoins mirrors their fiat counterparts, with the main difference being that the cryptocurrency is used as collateral. However, due to the fact that cryptocurrency is digital, only smart contracts handle the issue of units.
Crypto-backed stablecoins minimize the necessary trust, for this reason it should be noted that their monetary policy is determined by the voters, by analogy with government structural elements.
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