Crypto Notes: Difference between revisions
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*If crypto crashes - then OSE ICO would not be a good idea. | *If crypto crashes - then OSE ICO would not be a good idea. | ||
*FB tried to launch a stablecoin, Libra. | *FB tried to launch a stablecoin, Libra. | ||
*What is a stablecoin? Based on other assets. Libra is best example of it. | |||
Revision as of 21:15, 22 February 2021
- Halving time - every 4 years
- Value goes up 1 year after halving
- MD5 checksum - variable quantity of data - pass it through a checksum. Fixed length checksum is created.
- Cryptographic - is a one way hash function. Takes public data, add a nonce. To get a certain number of zeros at the start of a hash.
- Hash cash - brute force a calculation. Hash cash was concept used.
- 51% of miners decide when to do the next halving.
- Non egalitarian mining - you need serious equipment - which .
- Now banks are investing in crypto. But stocks. Institutional investors now.
- Bitcoin can not be debased.
- Banks that control the world are getting crypto. Social problem of debt slavery is not being solved.
- ERC20 token- do an ICO on the Ethereum blockchain.
- Premine - only person mining before announcing.
- If crypto crashes - then OSE ICO would not be a good idea.
- FB tried to launch a stablecoin, Libra.
- What is a stablecoin? Based on other assets. Libra is best example of it.