#crypto storage
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techdriveplay · 4 months ago
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How to Set Up Your First Cryptocurrency Wallet
Entering the world of cryptocurrency is an exciting venture, offering the promise of financial independence, privacy, and a new way to engage with digital assets. However, before you can buy, sell, or trade any cryptocurrency, you need to know how to set up your first cryptocurrency wallet. This crucial step is the foundation for safely managing your digital currency, ensuring that your assets…
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foodandcrypto1 · 5 months ago
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suujatan · 1 year ago
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That's terrifying
spam emails are horrifying on an entirely different level once you actually begin to grapple with the material reality of ‘cyberspace’. how many servers were involved in dumping this message into my trash folder, where are they located, how much water goes into cooling them every day? where did the metals come from to build these facilities, who maintains them, how much labour and suffering and exploitation is required to bombard me with 50 messages a day i don’t even look at for products i will never buy? not just useless or a nuisance, but actively harming the earth & its people, and for what. zero social value, zero human communication, just capital trying to metastasise
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crryptoblogs · 24 days ago
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Understanding the Role of Cold Wallets in Crypto Exchanges
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Introduction
In the world of cryptocurrency, security is everything. With the rise of digital currencies, ensuring that user funds are protected has become a top priority for exchanges. One key security measure that plays a crucial role in this is the use of cold wallets. If you're wondering how these wallets work and why they’re so important, this post will give you a clear understanding of their role in a crypto exchange’s security strategy. Additionally, we’ll see how a Cryptocurrency exchange development company helps integrate these systems to ensure maximum protection for users' funds.
What Are Cold Wallets?
Cold wallets, also called cold storage, are simply cryptocurrency wallets that are kept offline. Unlike hot wallets, which are connected to the internet and used for everyday trading, cold wallets store funds offline, making them much safer from online threats. Think of cold wallets like a safety deposit box in a bank vault; they are secure and not easy to access.
These wallets come in different forms, like hardware wallets, paper wallets, or air-gapped devices, and are primarily used for long-term storage. A cryptocurrency exchange will usually keep most of its funds in cold wallets, leaving only a small portion in hot wallets for active transactions.
Why Are Cold Wallets Important for Crypto Exchanges?
Top-Tier Security
The main benefit of using cold wallets is security. Crypto exchanges are constant targets for hackers because of the large amounts of digital assets they handle. Cold wallets reduce this risk by keeping private keys offline, which makes them nearly impossible to hack remotely. This extra layer of security is vital in protecting both the exchange and its users.
Protecting Large Amounts of Crypto
Exchanges typically handle massive amounts of cryptocurrencies like Bitcoin and Ethereum. Cold wallets help protect these funds by storing the majority of them offline, while only a small amount stays in hot wallets for quick trading purposes. This ensures that most of the funds remain safe, even if there’s an issue with the online system.
Meeting Regulations
For exchanges to stay compliant with regulations, they need to show that they have proper security in place. Cold wallets help exchanges meet these standards by providing a secure way to store digital assets. This adds credibility to the exchange, reassuring users that their funds are in safe hands.
Reducing Insider Threats
Sometimes, the biggest risks don’t come from hackers but from insiders employees or people within the exchange who have access to wallets. Cold wallets help minimize this risk by storing funds offline, making it harder for anyone with internal access to misuse the system.
How a Cryptocurrency Exchange Development Company Uses Cold Wallets
A cryptocurrency exchange development company plays an essential role in setting up and maintaining these cold wallet systems. These companies design the infrastructure of the exchange, ensuring that cold storage solutions are integrated seamlessly. Here’s how they typically implement cold wallets:
Multi-Signature Wallets: The development company may set up multi-signature wallets, which require multiple private keys to access the funds. This adds an extra layer of protection and reduces the risk of fraud.
Segregating Funds: Exchanges often use cold wallets to separate different types of assets, which helps improve security.
Regular Audits: Cold wallets are regularly checked and audited to make sure they stay secure.
Backup and Recovery: Cold wallets come with backup solutions to recover funds in case of an emergency.
The Future of Cold Wallets in Crypto Exchanges
As the cryptocurrency industry grows, so do the threats and challenges to security. Cold wallets will continue to be a key element in protecting digital assets, and exchanges will likely continue to improve these systems. For Cryptocurrency exchange development companies, staying ahead of new threats and innovations in cold wallet technology will be essential to keep users' funds safe and build trust in the platform.
Conclusion
In conclusion, cold wallets are one of the most important tools for securing cryptocurrencies on exchanges. They protect large amounts of digital assets by keeping them offline, making it much harder for hackers to steal funds. A cryptocurrency exchange development company is key to implementing these secure systems, ensuring that both the exchange and its users are protected. As the crypto market continues to grow, cold wallets will remain a vital part of the overall security strategy for exchanges.
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bitcoinversus · 2 months ago
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General Motors Secures $625M Investment in Lithium Mining Joint Venture
General Motors (GM) is committing $625 million to expand its lithium production capacity through a joint venture with Lithium Americas Corp., aiming to secure domestic lithium supplies critical to electric vehicle (EV) battery production. https://twitter.com/KitcoNewsNOW/status/1851683383035990094 The investment focuses on the Thacker Pass project in Nevada, which holds North America’s largest…
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arnoldmikesworld · 6 months ago
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ultragamerz · 9 months ago
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MongCoin: The Meme Coin With Staying Power in a Fading Frenzy
New Post has been published on https://www.ultragamerz.com/mongcoin-the-meme-coin-with-staying-power-in-a-fading-frenzy/
MongCoin: The Meme Coin With Staying Power in a Fading Frenzy
MongCoin: The Meme Coin With Staying Power in a Fading Frenzy
The world of cryptocurrency is no stranger to fleeting trends. In 2023, meme coins, digital tokens inspired by internet jokes and cultural references, exploded in popularity. Dogecoin, the undisputed king of meme coins, saw meteoric growth, while newcomers like Shiba Inu and Floki Inu rode the wave of hype. However, as with any trend, the meme coin frenzy started to cool down in 2024, leaving many projects floundering and forgotten.
But amidst the fading enthusiasm, MongCoin stands out as a curious anomaly. Launched in May 2023, MongCoin emerged from the now-infamous congressional hearing where a U.S. congressman’s remarks about “crypto replacing crypto” sparked a wave of animal-themed meme coins. What began as a lighthearted homage to the bizarre moment has, surprisingly, shown some staying power.
Unlike many meme coins that relied solely on hype and social media buzz, MongCoin built a small but dedicated community. The project embraced its meme-coin identity, branding itself as the “king of memes” and fostering a playful, lighthearted atmosphere. Additionally, MongCoin partnered with other platforms to enhance its utility. These collaborations explored avenues like social betting and NFT storage, providing some semblance of real-world use cases beyond mere speculation.
The Ethereum (ETH) network serves as the backbone of MongCoin, allowing for secure transactions and global accessibility. While the project primarily focuses on humor and community building, its presence on the established Ethereum blockchain lends a touch of legitimacy compared to meme coins operating on less robust platforms.
A Glimpse into the Meme Coin Landscape:
MongCoin’s story highlights the volatile nature of meme coins. Projects like Doge and Shiba Inu, while still holding significant market caps, haven’t replicated their 2023 peaks. Others like Hamster Coin, once touted as a “friendly companion” to MongCoin, have faded into obscurity.
The Future of MongCoin:
Whether MongCoin can maintain its momentum remains to be seen. The cryptocurrency market thrives on innovation and utility, and meme coins built solely on hype often struggle to stay relevant in the long run. However, MongCoin’s community-driven approach and playful branding could potentially carve out a niche within the broader crypto landscape.
It’s important to remember that cryptocurrency investments are inherently risky. While MongCoin’s ongoing activity might seem enticing, thorough research and a cautious approach are crucial before making any investment decisions.
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cryptonewsme · 1 year ago
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Creating a Bitcoin Cold Storage Wallet: A Guide
With the meteoric rise in popularity of blockchain technology, ensuring the safety of your digital assets has become paramount. Enter the Bitcoin cold storage wallet, a safe way to safeguard your cryptocurrency investments. This article will shed light on the process of creating your own Bitcoin cold storage wallet. We will explain the free and safe ‘paper wallet’ option. Creating a Bitcoin Cold…
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peoples-media · 2 years ago
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Ukraine Strikes Back: Significant Territorial Gains Made in Ongoing Conflict with Russia
In a significant turn of events, Ukraine has announced the recapture of approximately 100 square kilometers (40 square miles) of its territory during the 68th week of Russia’s invasion. This progress marks a crucial milestone in Ukraine’s long-planned counterattack, which is now gaining momentum and posing a challenge to the Russian forces. However, Russian President Vladimir Putin has dismissed…
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yrana7829 · 2 years ago
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#KuCoin x #Bluzelle $BLZ Listing Carnival: Join to win 200,000 $BLZ!
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anbuselvi1 · 2 years ago
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Top BEST Cold Wallet | Hardware Crypto Wallets for your cryptocurrency
BEST Cold Wallet
A Bitcoin/cryptocurrency wallet is the first step to using Bitcoin or crypto. Why? A “wallet” is basically the equivalent of a bank account. It allows you to receive bitcoins and other coins, store them, and then send them to others. You can think of a wallet as your personal interface to the Bitcoin network, similar to how your online bank account is an interface to the regular monetary…
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ilucyliu-blog · 2 years ago
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How to Store Your Crypto – 6 Alternatives to Cryptocurrency Exchanges
Users are leaving centralized exchanges as increased scrutiny highlights issues with reserves. Secure ways of storing crypto include self-custodial wallets and regulated crypto custodians. There is no one-size-fits-all solution, and different users will have different needs in custody. The recent collapse of the cryptocurrency exchange FTX was a stark reminder of the vulnerability of these…
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foodandcrypto1 · 4 months ago
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coinbasetradingguide · 3 months ago
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How to Make Money on Coinbase: A Simple Guide
Coinbase is a leading platform for buying, selling, and managing cryptocurrencies like Bitcoin and Ethereum. With millions of users worldwide, it’s a trusted choice for both beginners and experienced traders. Here’s how you can make money using Coinbase.
Why Use Coinbase?
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Coinbase offers:
User-friendly interface: Ideal for newcomers.
Top-notch security: Advanced encryption and offline storage keep your assets safe.
Diverse earning methods: From trading to staking, there are plenty of ways to earn.
Ready to get started? Sign up on Coinbase now and explore all the earning opportunities.
Setting Up Your Coinbase Account
Sign up on Coinbase’s website and provide your details.
Verify your email by clicking the link sent to you.
Complete identity verification by uploading a valid ID.
Navigate the dashboard to track your portfolio, view live prices, and access the "Earn" section.
Ways to Make Money on Coinbase
1. Buying and Selling Cryptocurrencies
Start by buying popular cryptocurrencies like Bitcoin and Ethereum at a lower price and selling them when the price goes up. It’s the basic strategy for making profits through trading.
2. Staking for Passive Income
Staking allows you to earn rewards by holding certain cryptocurrencies. Coins like Ethereum and Algorand offer staking options on Coinbase. It’s a straightforward way to earn passive income.
Maximize your earnings—get started with Coinbase today and start staking your crypto.
3. Earning Interest
Coinbase lets you earn interest on some of your crypto holdings. Just hold these assets in your account, and watch your crypto grow over time.
Advanced Trading with Coinbase Pro
For those with more trading experience, Coinbase Pro provides lower fees and advanced trading tools. Learn how to trade efficiently using features like market charts, limit orders, and stop losses to enhance your profits.
Coinbase Earn: Learn and Earn
With Coinbase Earn, you can earn free cryptocurrency by learning about different projects. Watch educational videos and complete quizzes to receive crypto rewards—an easy way to diversify your holdings with no risk.
Coinbase Affiliate Program
Promote Coinbase using their affiliate program. Share your unique referral link (like this one: Earn commissions with Coinbase), and earn a commission when new users sign up and make their first trade. It’s a fantastic opportunity for bloggers, influencers, or anyone with an audience interested in crypto.
Want to boost your income? Join the Coinbase Affiliate Program now and start earning commissions.
Coinbase Referral Program
You can also invite friends to join Coinbase and both of you can earn bonuses when they complete a qualifying purchase. It’s a win-win situation that requires minimal effort.
Conclusion
Coinbase is an excellent platform for making money in the cryptocurrency world, offering various ways to earn through trading, staking, and affiliate marketing. Explore all its features to maximize your earnings.
Ready to dive in? Sign up today and start earning with Coinbase.
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komaedalovemail · 1 month ago
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komaedas have you tried straw.page?
(i hope you don't mind if i make a big ollllle webdev post off this!)
i have never tried straw.page but it looks similar to carrd and other WYSIWYG editors (which is unappealing to me, since i know html/css/js and want full control of the code. and can't hide secrets in code comments.....)
my 2 cents as a web designer is if you're looking to learn web design or host long-term web projects, WYSIWYG editors suck doodooass. you don't learn the basics of coding, someone else does it for you! however, if you're just looking to quickly host images, links to your other social medias, write text entries/blogposts, WYSIWYG can be nice.
toyhouse, tumblr, deviantart, a lot of sites implement WYSIWYG for their post editors as well, but then you can run into issues relying on their main site features for things like the search system, user profiles, comments, etc. but it can be nice to just login to your account and host your information in one place, especially on a platform that's geared towards that specific type of information. (toyhouse is a better example of this, since you have a lot of control of how your profile/character pages look, even without a premium account) carrd can be nice if you just want to say "here's where to find me on other sites," for example. but sometimes you want a full website!
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neocities hosting
currently, i host my website on neocities, but i would say the web2.0sphere has sucked some doodooass right now and i'm fiending for something better than it. it's a static web host, e.g. you can upload text, image, audio, and client-side (mostly javascript and css) files, and html pages. for the past few years, neocities' servers have gotten slower and slower and had total blackouts with no notices about why it's happening... and i'm realizing they host a lot of crypto sites that have crypto miners that eat up a ton of server resources. i don't think they're doing anything to limit bot or crypto mining activity and regular users are taking a hit.
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↑ page 1 on neocitie's most viewed sites we find this site. this site has a crypto miner on it, just so i'm not making up claims without proof here. there is also a very populated #crypto tag on neocities (has porn in it tho so be warned...).
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dynamic/server-side web hosting
$5/mo for neocities premium seems cheap until you realize... The Beautiful World of Server-side Web Hosting!
client-side AKA static web hosting (neocities, geocities) means you can upload images, audio, video, and other files that do not interact with the server where the website is hosted, like html, css, and javascript. the user reading your webpage does not send any information to the server like a username, password, their favourite colour, etc. - any variables handled by scripts like javascript will be forgotten when the page is reloaded, since there's no way to save it to the web server. server-side AKA dynamic web hosting can utilize any script like php, ruby, python, or perl, and has an SQL database to store variables like the aforementioned that would have previously had nowhere to be stored.
there are many places in 2024 you can host a website for free, including: infinityfree (i use this for my test websites :B has tons of subdomains to choose from) [unlimited sites, 5gb/unlimited storage], googiehost [1 site, 1gb/1mb storage], freehostia [5 sites/1 database, 250mb storage], freehosting [1 site, 10gb/unlimited storage]
if you want more features like extra websites, more storage, a dedicated e-mail, PHP configuration, etc, you can look into paying a lil shmoney for web hosting: there's hostinger (this is my promocode so i get. shmoney. if you. um. 🗿🗿🗿) [$2.40-3.99+/mo, 100 sites/300 databases, 100gb storage, 25k visits/mo], a2hosting [$1.75-12.99+/mo, 1 site/5 databases, 10gb/1gb storage], and cloudways [$10-11+/mo, 25gb/1gb]. i'm seeing people say to stay away from godaddy and hostgator. before you purchase a plan, look up coupons, too! (i usually renew my plan ahead of time when hostinger runs good sales/coupons LOL)
here's a big webhost comparison chart from r/HostingHostel circa jan 2024.
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domain names
most of the free website hosts will give you a subdomain like yoursite.has-a-cool-website-69.org, and usually paid hosts expect you to bring your own domain name. i got my domain on namecheap (enticing registration prices, mid renewal prices), there's also porkbun, cloudflare, namesilo, and amazon route 53. don't use godaddy or squarespace. make sure you double check the promo price vs. the actual renewal price and don't get charged $120/mo when you thought it was $4/mo during a promo, certain TLDs (endings like .com, .org, .cool, etc) cost more and have a base price (.car costs $2,300?!?). look up coupons before you purchase these as well!
namecheap and porkbun offer something called "handshake domains," DO NOT BUY THESE. 🤣🤣🤣 they're usually cheaper and offer more appealing, hyper-specific endings like .iloveu, .8888, .catgirl, .dookie, .gethigh, .♥, .❣, and .✟. I WISH WE COULD HAVE THEM but they're literally unusable. in order to access a page using a handshake domain, you need to download a handshake resolver. every time the user connects to the site, they have to provide proof of work. aside from it being incredibly wasteful, you LITERALLY cannot just type in the URL and go to your own website, you need to download a handshake resolver, meaning everyday internet users cannot access your site.
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hosting a static site on a dynamic webhost
you can host a static (html/css/js only) website on a dynamic web server without having to learn PHP and SQL! if you're coming from somewhere like neocities, the only thing you need to do is configure your website's properties. your hosting service will probably have tutorials to follow for this, and possibly already did some steps for you. you need to point the nameserver to your domain, install an SSL certificate, and connect to your site using FTP for future uploads. FTP is a faster, alternative way to upload files to your website instead of your webhost's file upload system; programs like WinSCP or FileZilla can upload using FTP for you.
if you wanna learn PHP and SQL and really get into webdev, i wrote a forum post at Mysidia Adoptables here, tho it's sorted geared at the mysidia script library itself (Mysidia Adoptables is a free virtual pet site script, tiny community. go check it out!)
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file storage & backups
a problem i have run into a lot in my past like, 20 years of internet usage (/OLD) is that a site that is free, has a small community, and maybe sounds too good/cheap to be true, has a higher chance of going under. sometimes this happens to bigger sites like tinypic, photobucket, and imageshack, but for every site like that, there's like a million of baby sites that died with people's files. host your files/websites on a well-known site, or at least back it up and expect it to go under!
i used to host my images on something called "imgjoe" during the tinypic/imageshack era, it lasted about 3 years, and i lost everything hosted on there. more recently, komaedalovemail had its webpages hosted here on tumblr, and tumblr changed its UI so custom pages don't allow javascript, which prevented any new pages from being edited/added. another test site i made a couple years ago on hostinger's site called 000webhost went under/became a part of hostinger's paid-only plans, so i had to look very quickly for a new host or i'd lose my test site.
if you're broke like me, looking into physical file storage can be expensive. anything related to computers has gone through baaaaad inflation due to crypto, which again, I Freaquing Hate, and is killing mother nature. STOP MINING CRYPTO this is gonna be you in 1 year
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...um i digress. ANYWAYS, you can archive your websites, which'll save your static assets on The Internet Archive (which could use your lovely donations right now btw), and/or archive.today (also taking donations). having a webhost service with lots of storage and automatic backups can be nice if you're worried about file loss or corruption, or just don't have enough storage on your computer at home!
if you're buying physical storage, be it hard drive, solid state drive, USB stick, whatever... get an actual brand like Western Digital or Seagate and don't fall for those cheap ones on Amazon that claim to have 8,000GB for $40 or you're going to spend 13 days in windows command prompt trying to repair the disk and thenthe power is gong to go out in your shit ass neighvborhood and you have to run it tagain and then Windows 10 tryes to update and itresets the /chkdsk agin while you're awayfrom town nad you're goig to start crytypting and kts just hnot going tot br the same aever agai nikt jus not ggiog to be the saeme
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further webhosting options
there are other Advanced options when it comes to web hosting. for example, you can physically own and run your own webserver, e.g. with a computer or a raspberry pi. r/selfhosted might be a good place if you're looking into that!
if you know or are learning PHP, SQL, and other server-side languages, you can host a webserver on your computer using something like XAMPP (Apache, MariaDB, PHP, & Perl) with minimal storage space (the latest version takes up a little under 1gb on my computer rn). then, you can test your website without needing an internet connection or worrying about finding a hosting plan that can support your project until you've set everything up!
there's also many PHP frameworks which can be useful for beginners and wizards of the web alike. WordPress is one which you're no doubt familiar with for creating blog posts, and Bluehost is a decent hosting service tailored to WordPress specifically. there's full frameworks like Laravel, CakePHP, and Slim, which will usually handle security, user authentication, web routing, and database interactions that you can build off of. Laravel in particular is noob-friendly imo, and is used by a large populace, and it has many tutorials, example sites built with it, and specific app frameworks.
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addendum: storing sensitive data
if you decide to host a server-side website, you'll most likely have a login/out functionality (user authentication), and have to store things like usernames, passwords, and e-mails. PLEASE don't launch your website until you're sure your site security is up to snuff!
when trying to check if your data is hackable... It's time to get into the Mind of a Hacker. OWASP has some good cheat sheets that list some of the bigger security concerns and how to mitigate them as a site owner, and you can look up filtered security issues on the Exploit Database.
this is kind of its own topic if you're coding a PHP website from scratch; most frameworks securely store sensitive data for you already. if you're writing your own PHP framework, refer to php.net's security articles and this guide on writing an .htaccess file.
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but. i be on that phone... :(
ok one thing i see about straw.page that seems nice is that it advertises the ability to make webpages from your phone. WYSIWYG editors in general are more capable of this. i only started looking into this yesterday, but there ARE source code editor apps for mobile devices! if you have a webhosting plan, you can download/upload assets/code from your phone and whatnot and code on the go. i downloaded Runecode for iphone. it might suck ass to keep typing those brackets.... we'll see..... but sometimes you're stuck in the car and you're like damn i wanna code my site GRRRR I WANNA CODE MY SITE!!!
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↑ code written in Runecode, then uploaded to Hostinger. Runecode didn't tell me i forgot a semicolon but Hostinger did... i guess you can code from your webhost's file uploader on mobile but i don't trust them since they tend not to autosave or prompt you before closing, and if the wifi dies idk what happens to your code.
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ANYWAYS! HAPPY WEBSITE BUILDING~! HOPE THIS HELPS~!~!~!
-Mod 12 @eeyes
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bitcoinversus · 2 months ago
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Bitfarms Releases Footage, Offers Virtual Tour of Hydro-Cooled Mining Site in Paraguay
Bitfarms, a global leader in Bitcoin mining, has recently unveiled a virtual tour of its state-of-the-art hydro-cooled mining site located in Paraguay. The tour showcases the company’s advanced 50 MW facility in Paso Pe, which integrates cutting-edge hydro-cooled mining technology, a strategic move that underscores Bitfarms’ focus on sustainability and efficiency. Our 8 hydrominer containers in…
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