Topic: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴 - page 53. (Read 9882 times)
January 17, 2019, 12:56:12 PM
Notice the string of numbers on the front of your credit card? It’s necessary for banks to determine where they should send money when the card is swiped.
January 17, 2019, 12:54:29 PM
Perhaps it’s useful to compare it to what we already know.
January 17, 2019, 12:49:57 PM
#PROOF OF AUTHENTICATION POST
Bitcointalk username: Kent91
Bitcointalk Account URL: https://bitcointalksearch.org/user/kent91-2376860
Facebook profile link: https://www.facebook.com/profile.php?id=100001675163945
Twitter campaign: https://twitter.com/AlekseiGurskiy
Telegram username: @leshagur
Bitcointalk username: Kent91
Bitcointalk Account URL: https://bitcointalksearch.org/user/kent91-2376860
Facebook profile link: https://www.facebook.com/profile.php?id=100001675163945
Twitter campaign: https://twitter.com/AlekseiGurskiy
Telegram username: @leshagur
January 17, 2019, 12:49:13 PM
So the Ethereum and other cryptocurrencies have an admittedly confusing storage system. As far as we know...
January 17, 2019, 12:48:30 PM
What’s the system?
But before we go any further, it’s worth explaining a little bit about how it works.
But before we go any further, it’s worth explaining a little bit about how it works.
January 17, 2019, 12:47:08 PM
Bundles of smart contracts can be used to create decentralized applications (‘dapps’), which you can use or join.
January 17, 2019, 12:45:20 PM
Users with ether can join or create smart contracts (code that automatically executes the terms of an agreement so that you don’t have to rely on a third party).
January 17, 2019, 12:44:27 PM
However, ethereum applications are quite different.
January 17, 2019, 12:39:04 PM
As a right now you may have noticed that the wallet and exchange lingo up to this point has been quite similar to bitcoin.
January 17, 2019, 12:22:24 PM
So now, what can users do once they have ether? 
January 17, 2019, 12:21:02 PM
Once you have ether, you can send it directly to another person (‘peer-to-peer’). It will likely cost a small transaction fee paid to miners.
January 17, 2019, 12:19:23 PM
So, if you want to buy ether for rubles, for instance, the easiest way might be to purchase bitcoin at an exchange and then trade that for ether.
January 17, 2019, 12:16:46 PM
Bitcoin is the most commonly used cryptocurrency, and people around the world are more likely to want to trade for it in their currency. 
January 17, 2019, 12:15:16 PM
Buying ether with another currency might take an extra step.
January 17, 2019, 11:25:18 AM
for the exchanges allow users to buy ether directly with dollars or bitcoin.
January 17, 2019, 11:24:45 AM
That’s not always an option in less populated areas.
January 17, 2019, 11:15:29 AM
This is pretty much how it worsk:
There’s always the option of meeting in-person to buy or sell ether, especially if living in a city with frequent ethereum meetups, such as New York or Toronto.
There’s always the option of meeting in-person to buy or sell ether, especially if living in a city with frequent ethereum meetups, such as New York or Toronto.
January 17, 2019, 11:14:06 AM
Obtaining ether varies by country, or at least by currency. You need to find someone either online or in-person who has ether and wants to trade.
January 17, 2019, 11:10:43 AM
Now, what about buying Ether?
January 17, 2019, 11:09:30 AM
In this case the best practice is to spend some extra time creating multiple copies of the private key and stashing them in different secure locations, in case one is lost or destroyed.
Thats all we can do for now
Thats all we can do for now
Jump to: