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Showing posts from January, 2022

Market cycle ; all you need to know about market phases

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  From seasons to different stages of life, there are all kinds of cycles around us. These cycles in each of their components are often influenced by countless factors. Financial markets are no exception to this rule, and each cycle affects price movements in the market. Understanding how these moves work can help the trader identify new opportunities in trading and reduce risk. In the following article from  CoinMarketSIG  , you will learn about the four main stages of the price cycle in the cryptocurrency market and in the financial markets in general.   Types of price cycles in the market Price movements in the market often seem random and complex. Prices may rise or fall on certain days. For a newcomer, these movements are often confusing and may seem like gambling. The fact is that the price cycles move in the same way and go through the same steps. Once an investor understands these steps, other markets will no longer seem so random. The trader can identify eac...

Sharding introduction; a way to improve scalability

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  Prior to the advent of  Sharding  , it was thought that the three attributes of “ decentralization “, “ scalability ” and “security” could never be combined in a blockchain project, and that one should always be sacrificed to others. Together, these three features create a concept called scalability triple, first proposed by Vitalik Butrin; This concept says that if a project wants to be highly scalable, it must decentralize and then sacrifice security, and if a project intends to adhere to the decentralization feature, it must go beyond scalability. Sharding is one of the potential scalability solutions in the blockchain that divides the computational load and data storage into smaller parts to increase network speed and capacity. This solution has the potential to overcome the “scalability triple” challenge, despite the significant challenges involved in its implementation. With the birth of Sharding, it seems that the way was opened for the developers of the blockchi...

Introducing to Rarible; an NFT Market Place

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  Irreversible or non-replicable tokens are called NFTs. These tokens are special and unique. So they cannot be replaced by other things. Most NFTs today are digital. This allows manufacturers to produce something rare and unique and sell it to others. Buyers can also buy and receive this digital work without any hassle. For example, some NFTs are digital works of art, and people are now collecting these digital works of art. This is exactly what collectors have been collecting for years, physical paintings or anything else artistic. In this article we are talking about  NFT Market   . What is the use of NFT tokens? With NFT, almost any real or even intangible product can be displayed and offered in the following areas: Artwork Virtual items in video games such as skins, virtual currency, guns and avatars Music Collectibles (e.g. digital transaction cards) Real-token assets ranging from real estate to racehorses and designer shoes Virtual land Video scenes of sporting hig...

Introduction of Metamask wallet

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  Metamask   is one of Ethereum’s official and reputable wallets that works as an add-on for computer browsers. With this software you can easily store Ethereum and Ethereum-based tokens (ERC-20). Without exaggeration, Metamsk can be considered more than an Ethereum wallet, because in addition to all the features that wallets offer, this plugin also allows you to interact with decentralized applications (D-apps) and smart contracts. Ethereum developers are making extensive use of this plugin to develop their projects. Most interestingly, you do not need to download the blockchain or install the software to use its capabilities, and just install the Metamsk plugin in your browser.   What is a Metamask Wallet ? Metamsk is a digital wallet that can be used in Chrome and Firefox browsers in addition to Android and iOS versions. This wallet acts as a bridge between regular browsers and Ethereum blockchain. Blockchain Ethereum is a network where users build their own decentrali...

Cryptocurrencies knowledge review: Frequently Asked Questions

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  Cryptocurrencies knowledge review: Frequently Asked Questions The term “cryptocurrency” is no longer a mystery, and many people have a basic understanding of cryptocurrencies and their function. Interestingly, the acceptance of digital currencies around the world has been growing rapidly and the global cryptocurrency ownership rate is estimated at 3.9%. Thus, it clearly means that by 2021 there will be more than 300 million cryptographic users worldwide. Another interesting fact is that more than 18,000 businesses are accepting payments in digital currencies. The growing interest in cryptocurrencies has been the main reason for beginners to learn the common questions of digital currencies. If you want to know more about cryptocurrencies, you have many questions about them. Let us find answers to some of the most common questions about digital currencies in the discussion below. Beginners’ FAQs People who are new to digital currency have many doubts. From the definition of cryptoc...