#bitcoin mining templates

[ehyip]

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[zumarmubeen]

Create Bep20-Token with website

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[gorizont-biz]

Breaking down the difference between token and cryptocurrency

The world of cryptocurrencies is full of technical terms, most of which are borrowed from the English language, which can be a serious obstacle for newcomers seeking to better understand this field. Crypto-enthusiasts often use specific jargon that is actively used in blogs and forums, making its perception difficult for those who are just beginning to immerse themselves in the topic. One of the common mistakes is mixing the concepts of ‘cryptocurrency’ and ‘token’, which, despite their similarity, denote different phenomena.

What is a cryptocurrency?

Cryptocurrency is a virtual currency based on blockchain technology, which ensures its safety and reliable functioning thanks to cryptographic methods. These digital assets act as a store of value, a unit of account, and a medium for transactions. Some of the most popular cryptocurrencies today include Bitcoin, Ethereum and Ripple, each running on its own blockchain platform. Most cryptocurrencies share common roots and are similar to Bitcoin, but some, like Ethereum, offer unique features such as the execution of smart contracts.

Cryptocurrencies, despite their decentralised nature and the possibility of direct peer-to-peer exchange, can be used in a similar way to fiat money: they can be transferred, shared and even destroyed. Notably, the issuance of many cryptocurrencies is limited. For example, the total number of bitcoins is limited to 21 million, and that number will never change.

The value of cryptocurrencies is not determined by intrinsic value, but by consensus among blockchain users confirming transactions through mining. Miners play a key role in this process, solving complex cryptographic problems and being rewarded for their work in the form of cryptocurrency.

Thus, cryptocurrencies are not just digital money, but an entire ecosystem that relies on blockchain and cryptography. They perform the traditional functions of money but have unique characteristics such as decentralisation, limited supply and dependence of their value on user consensus. Cryptocurrencies are becoming more and more popular every year, opening new horizons in the world of finance and digital transactions.

What is a token?

A token, or digital asset, is related to cryptocurrency, but its functions go beyond simple currency. Tokens can represent any form of value supported by an underlying blockchain such as Ethereum, which makes extensive use of the ERC-20 standard to create tokens. There are several types of tokens, each fulfilling unique purposes. For example, utilitarian tokens provide access to products or services in a particular ecosystem, such as payment for transactions or access to premium features.

Security tokens enable holders to invest in blockchain projects, acting as digital financial instruments that represent a share in a company's revenue. Equity tokens, similar to shares, provide ownership and participation in the management of a company.

Unlike cryptocurrencies, tokens require an existing platform or ecosystem to function and are most often not used as currency, but rather perform certain tasks within a blockchain or decentralised applications. The key difference between tokens and cryptocurrencies is that tokens do not have their own blockchain, their existence depends on an underlying platform such as Ethereum. Whereas cryptocurrencies such as Bitcoin and Ethereum are built on their own independent blockchains.

The process of creating a token is much simpler compared to cryptocurrency: it does not require the development of a new blockchain, only the use of existing models or templates. This ease has created the conditions for the emergence of multiple tokens in the blockchain ecosystem, each serving a different purpose and finding applications in different areas.

What is the difference between tokens and cryptocurrencies?

Tokens and cryptocurrencies are often confused and their names may be used synonymously, although they are actually two different concepts. Cryptocurrencies, such as Bitcoin or Ethereum, are virtual currencies that run on blockchain technology. This technology provides security and decentralisation, making transactions fast and secure. Cryptocurrencies act as a store of value, unit of account and medium of exchange, making them not only popular investment assets but also universal financial instruments.

Tokens, on the other hand, are digital assets that can be linked to a specific cryptocurrency or exist independently of it. They function on already existing blockchains, such as Ethereum, and do not have their own blockchain. The uses of tokens can range from accessing services and products to representing stakes in projects, and their creation is often easier and faster than developing a full-fledged cryptocurrency.

Creating a token does not require deep programming knowledge - it is enough to use ready-made templates on existing platforms. Developing a cryptocurrency, on the other hand, is much more complex and requires creating a new blockchain or adapting an existing one, as is the case with altcoins, which are based on the bitcoin blockchain. Ultimately, despite the similarities in terminology, tokens and cryptocurrencies are very different elements in the world of digital assets and it is important to understand their differences in order to effectively navigate this field.

Conclusion

Tokens and cryptocurrencies, while closely related, play different roles in the digital economy. Making an informed choice between tokens and cryptocurrencies gives investors and users the freedom to shape their own strategy and understand how to maximise the potential of blockchain technology.

[multipurposethemes]

Crypto Admin Templates & Crypto Admin Dashboard the Rise of Web Apps

Crypto Admin

  Cryptocurrencies like Bitcoin and Ethereum have seen a meteoric rise in popularity and adoption over the past few years. This growth has sparked demand for cryptocurrency-focused web applications and dashboards to track portfolios, exchanges, mining operations, and more. As a result, comprehensive and customizable Crypto Admin Templates have emerged to meet this need.

Benefits of Cryptocurrency Dashboard Templates

Cryptocurrency Dashboard Template provide a ready-made foundation for building feature-rich web apps for cryptocurrency portfolio tracking, trading, analysis, and administration. They come packed with hundreds of UI components like charts, tables, user profile sections, authentication flows, and more out-of-the-box. Developers can use these templates to kickstart their crypto web app projects instead of coding everything from scratch.

Key Features of a Crypto Admin Template

Leading cryptocurrency dashboard templates like Crypto Admin Template and Crypto Admin Dashboard offer complete admin panel solutions for over 15+ virtual coin types. They incorporate advanced UI/UX design practices and follow web development best practices for performance, security, and scalability. Key features include:

Live crypto price trackers connected to real-time market data

Interactive historical price charts for technical analysis

Calculators to estimate profits across coin types

Wallet integration to view balances and transactions

Customizable dashboard views as per user needs

KYC verification tools for identity confirmation

Multi-language capability for global audiences

Responsive interface compatible on all devices

Accelerate Development Cycles

This ready-made Cryptocurrency Admin Dashboard help cryptocurrency companies, exchange platforms, wallet services, miners, and traders quickly create feature-packed web applications. The flexible and modular architecture allows for custom enhancements and white labeling as well. With cryptos growing exponentially, related web apps need to provide a great user experience while rapidly iterating on features. This is where Cryptocurrency Dashboard Template accelerate development cycles. Teams can devote more time to enhancing functionality rather than fixing UI/UX issues.

[bitcoincables]

Bitcoin and Ethereum Resilient Against 51% Attacks: CoinMetrics Research

According to research from CoinMetrics, Bitcoin and Ethereum are now resilient to 51% attacks, which are attacks on a blockchain network. These attacks occur when a group of miners or malicious actors control more than half of the network's mining power or nodes, giving them control over the network. However, the researchers found that it is now too difficult and expensive to execute such attacks on these two largest blockchains.

The researchers quantified the Total Cost to Attack (TCA) of these blockchains and discovered that it would be more expensive to carry out a malicious attack than to participate in the network honestly. To attack Bitcoin, someone would need to buy 7 million ASIC miners, costing over $20 billion. Even if a nation-state attacker had the financial resources to manufacture their own ASICs, the cost would still be prohibitively high. The researchers estimated that attacking Ethereum would cost more than $34 billion. These high costs make it economically infeasible for attackers.

One potential concern was the threat from Liquid Staking Derivatives (LSDs) provided by staking services like Lido and RocketPool. However, the researchers clarified that attackers would not be able to use LSDs to gain access to block templates. Additionally, the researchers found that colluding nodes controlled by these staking services would not be able to disrupt the network's finality, as their combined control is still below the economic security threshold of 33%.

Read the original article

#Bitcoin #Ethereum #51PercentAttacks #BlockchainSecurity

[ragunath12]

ERC20-What is it in Ethereum what are they.

The Ethereum blockchain was created as a convenient and functional platform for launching dApps. The chain quickly became popular.

What is the ERC-20 standard in simple words

Before the advent of the Ethereum blockchain, a new network had to be created to launch a coin. This is a complex job that requires a team of programmers to implement. Since the creation of the Ethereum chain in 2014, startups have been able to launch tokens based on it.

To make the process even easier, the developers proposed creating tokens using a single template. This significantly reduced the amount of work required. In 2023, any user can launch a token using to create ERC20 token standard. Programming experience is desirable, but not required. Topic blogs have templates for key features.

Decoding the abbreviation and essence

ERC stands for Ethereum Request for Comments. This is the name of all proposals for updating the code in the blockchain, 20 is its serial number. ERC-20 is not the only attempt to standardize Ethereum tokens.

History of appearance

Initially, developers created their own tokens based on Ethereum. The code for them had to be written from scratch. While the network was young, there were no difficulties, but as it grew, compatibility problems began to appear. In addition, many different smart contracts required high computing power.

The solution was proposed in 2015 by programmer Fabian Vogelsteller and blockchain founder Vitalik Buterin. They developed a unified standard for cryptocoins. However, it was accepted only 2 years later — in 2017. The delay arose due to the complexity of the procedure:

First, the creators are introducing the Ethereum Modernization Initiative (EIP). A brief presentation and a full description of the protocols used must be provided.

Community members are reviewing the proposal.

If necessary, corrections are made.

Voting is underway.

If the community supports the idea, the developers begin to implement it.

Why is it needed and functionality?

Before the launch of a single standard, developers were faced with the problem of token compatibility. Each of them had a unique smart contract. To run the application, a large amount of computing memory was needed, so dApps worked slowly, froze and crashed.

In addition to standard functions (transfer of assets, checking balance, permission to manage the platform), ERC20 token development network tokens have the following options:

Linking the price to the total capitalization of the token. This provides a reserve fund. There is automatic balancing of tokens.

Freezing an asset with the ability to unfreeze if necessary.

Flexibility. Developers have the opportunity to add unique features to the coin.

Is it possible to mine

Standard tokens do not have their own infrastructure to validate blocks. Transfers on the network are carried out using the computing power of the Ethereum blockchain. Validators receive ETH coins as a reward for their activities. Only developers can create ERC-20 tokens. Usually they release the entire volume at the same time and distribute it through ICO or IEO. Also, the founders of the project can provide for the possibility of an additional issue.

Advantages

The development of the ERC-20 standard has simplified the creation of cryptocurrencies. On average, an experienced programmer can launch a new coin in 40–60 minutes. A smart contract is written in the Solidity language, which is in many ways similar to JavaScript. Thanks to high liquidity, you can quickly exchange assets on DEX.

Token fungibility

Creators of standard assets have the right to establish the degree of divisibility of units characteristic of all digital coins. For example, Bitcoin can be divided into 100 million satoshis. All units of cryptocurrency are identical and have the same value. Therefore, it makes no difference which specific token the investor owns. This allows you to use standard assets for settlements.

Various uses

Tokens are easily customizable, so developers can add useful features to them within projects. For example, standard assets can be used for settlements on the platform, as in-game currency, to participate in voting, and to generate income in deposits and liquidity pools.

Popularity

By June 2023, users had made more than 1.26 billion transactions with Ethereum tokens. The ecosystem is served by 41 DEX. Coins can also be exchanged in wallets — MetaMask, Trust Wallet, Atomic Wallet and others.

Flaws

To transfer standard coins you need to pay gas. Vitalik Buterin’s team is committed to increasing the throughput of the blockchain.

Scalability issues

The main disadvantage of most blockchains is low throughput. To increase transaction speed, developers have to sacrifice security and decentralization of the chain. In 2021, at peak demand, fees on Ethereum reached $100, which led to the creation of many clone networks and second-layer (L2) blockchains. Despite this, in 2023 Ethereum continues to lead in terms of the volume of blocked funds (56.8% of total TVL).

Easy to scam

A single standard simplifies the launch of assets as much as possible. To create a cryptocurrency and list it on a DEX, you just need to enter the contract address and provide liquidity. No documents confirming the reliability of the project are required. This is taken advantage of by scammers who organize pyramids under the guise of blockchain platforms.

Other risks

The ERC20 token development company in Ethereum standard has been actively used by developers since 2017. Despite their proven security, smart contracts can have hidden vulnerabilities. There are other risks for users.

For example, standard tokens do not have their own tools for processing transactions. To do this, you need to run the transfer function (regular transaction) or transferFrom (participation in ICO).

Another disadvantage of smart contracts is related to their uncertain legal status. In 2023, cryptocurrency is not legalized in many countries. Smart contract technology is in a gray area. The main requirement of most contracts is verification of participants. Due to the anonymity that blockchain technology guarantees, it is difficult to implement.

Where is ERC-20 used?

Basically, startups use classic cryptocurrencies to finance developments. Investors can participate in the ICO or buy the coin after listing. The functionality of the asset depends on the purpose of the native platform. The more options, the higher the demand for the coin and the better the prospects for long-term price growth. Platforms using the DAO governance model typically add voting capabilities for all holders.

ERC-20 for stablecoins

ERC-20 for Security and Utility tokens

[abooksstore]

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[ailtrahq]

Marathon Digital Holdings (MARA), a prominent Bitcoin mining company, has reportedly mined an invalid Bitcoin block at height 809478. According to various developers, miners, and researchers, the invalid Bitcoin block resulted from a wrong transaction ordering. Anonymous Developer Exposes Transaction Ordering Issue The issue was first brought to light by an anonymous Bitcoin developer known as 0xB10C, who took to social media platform X to report the incident. According to the developer, the problem originated from a transaction ordering issue within Marathon’s mining pool, known as MaraPool. “It seems like MARAPool had a transaction ordering issue,” 0xB10C stated in their initial tweet. They then pinpointed the specific transaction that caused the problem. The invalid block contained a transaction identified as the sixth one in the invalid block. This one attempted to spend an output from another transaction, which was the 1,454th transaction in the block. Confirmed on my nodes. — Jameson Lopp (@lopp) September 27, 2023 Notably, the latter transaction was positioned lower down in the block, invalidating the entire block due to improper transaction ordering. Furthermore, the developer suggested that Marathon Digital might have been running custom code. They stated, “They might be running custom code. Bitcoin Core normally double-checks block validity after creating a block template,” hinting at the possibility of a customized approach that deviated from established practices. Lopp and BitMEX Confirm Invalid Bitcoin Block Incident Jameson Lopp, the co-founder of CasaHODL, also weighed in on the matter, responding by confirming this claim. Confirmed on my nodes. — Jameson Lopp (@lopp) September 27, 2023 BitMEX Research, a well-known cryptocurrency research firm, provided additional insights into the situation, stating that the block’s invalidation resulted from incorrectly arranged transactions. It appears as if MARA had transactions in the wrong order. The invalid block included this txn (A): Spending an output from this txin (B): However, txin B was included in the block after txin A, therefore the block was invalid… — BitMEX Research (@BitMEXResearch) September 27, 2023 According to BitMEX Research, MARA made an error in arranging their Bitcoin transactions, which resulted in an invalid Bitcoin block at height 809478. This involved including transaction (A) in the block that attempted to use an output from a preceding transaction (B). They further highlighted that the issue arose because transaction B was wrongly placed in the block after transaction A, resulting in the entire block being invalid. Later on, Marathon confirmed the reports on X. Source

[ehyip]

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[zumarmubeen]

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[olivasmith92-blog]

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[bitcoincables]

Bitcoin Developer Shifts Stance as Ocean Mining Pool Embraces Ordinal Inscriptions

A Bitcoin developer and critic of Ordinal inscriptions, Luke Dashjr, may have changed his stance as the Ocean mining pool announces a shift in its policy. The pool now allows miners to decide if they want to process Bitcoin blocks with non-financial transactions. Ordinal inscriptions, similar to NFTs, have generated controversy among Bitcoiners, while also creating substantial fees for miners. Ocean aims to move towards decentralized block template construction and states that miners can choose from three block template policy options. Dashjr's seemingly cryptic comment on Twitter has been interpreted differently by various individuals.

Supporters of Ordinal inscriptions see Ocean's move as a victory, as inscriptions accounted for a significant portion of Bitcoin transactions in the past week. Dashjr, known for labeling inscriptions as "spam" on the blockchain, has previously advocated for spam filtering to block Ordinals transactions. Ocean recently raised $6.2 million in funding led by Jack Dorsey, co-founder of Twitter and Block, further bolstering their position in the industry. While some view Dashjr's comment as a concession, others perceive it as a snarky response.

Despite the ongoing debate surrounding Ordinal inscriptions, more than 50 million inscriptions have been made since January, including those tied to BRC-20 tokens minted on the Bitcoin blockchain. BRC-20 tokens have given rise to meme coins built on Bitcoin. The recent decision by Ocean and Dashjr's ambivalent comment demonstrate the complexity and evolving nature of the Bitcoin ecosystem.

Read the original article Bitcoin Ocean Ordinals Decentralized

[smartaddons]

[srinathindia]

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[laravelreactjs]

CoinAge – React Landing Page For ICO & Cryptocurrency

CoinAge – React Landing Page For ICO & Cryptocurrency

Are you looking for creative landing page for ico and cryptocurrency? Are you want to promote your cryptocurrency? you are in right place. CoinAge is the best solution. CoinAge is creative React template for cryptocurrency exchange, trading and business consulting. CoinAge is built with the latest web technologies and all modern browser compatibility. CoinAge has all necessary components that…