#Blockchain – Database Comparison

[technicallylovingcomputer]

Top 8 Security Practices Every Blockchain Developer Must Follow in 2025

Blockchain development has become one of the most exciting and lucrative fields in technology, but with great opportunity comes great responsibility. As a blockchain developer, you're not just writing code you're handling potentially millions of dollars in digital assets and building systems that users trust with their financial futures. One small security oversight can lead to devastating consequences, as we've seen in numerous high-profile hacks and exploits.

The good news? Most blockchain security vulnerabilities can be prevented by following established best practices. Whether you're building your first smart contract or developing complex DeFi protocols, implementing robust security measures should be your top priority. This comprehensive guide outlines the eight most critical security practices that every blockchain developer needs to master.

Why Blockchain Security Matters More Than Ever

Before diving into specific practices, it's crucial to understand why security in blockchain development is non-negotiable. Unlike traditional applications where bugs might cause inconvenience or data loss, blockchain vulnerabilities can result in permanent, irreversible financial losses. The immutable nature of blockchain means that once a malicious transaction is confirmed, there's often no way to reverse it.

Recent statistics show that over $3 billion was lost to blockchain security breaches in 2024 alone. These aren't just numbers—they represent real people's savings, retirement funds, and business investments. As a blockchain developer, your code literally protects people's livelihoods.

1. Implement Comprehensive Smart Contract Auditing

Smart contract auditing should be your first line of defense in blockchain development. Never deploy a smart contract to mainnet without thorough testing and preferably a third-party audit. Even experienced blockchain developers can miss subtle vulnerabilities that could be exploited later.

Start with automated tools like Slither, Mythril, or Securify to catch common vulnerabilities. These tools can identify issues like reentrancy attacks, integer overflows, and gas limit problems. However, don't rely solely on automated tools—they can't catch logic errors or complex attack vectors that require human insight.

Consider hiring professional auditing firms for critical projects. Yes, it's expensive, but the cost of an audit pales in comparison to the potential losses from a security breach. Many successful blockchain projects allocate 10-15% of their development budget to security auditing.

2. Follow the Principle of Least Privilege

In blockchain development, the principle of least privilege means giving contracts and users only the minimum permissions necessary to function. This approach significantly reduces your attack surface and limits the damage if a component is compromised.

Design your smart contracts with role-based access control. Not every function needs to be public, and not every user needs administrative privileges. Use modifiers to restrict access to sensitive functions, and implement time locks for critical operations like fund withdrawals or parameter changes.

Consider implementing multi-signature requirements for high-value operations. This ensures that no single private key can compromise your entire system, adding an extra layer of security that's especially important for DeFi protocols and treasury management.

3. Secure Private Key Management

Private key security is fundamental to blockchain development, yet it's where many developers make critical mistakes. Your private keys are literally the keys to the kingdom—lose them, and you lose everything. Compromise them, and so does everyone who trusts your system.

Never store private keys in plain text, whether in code, configuration files, or databases. Use hardware security modules (HSMs) or secure key management services for production systems. For development and testing, use environment variables and secrets management tools to keep keys separate from your codebase.

Implement proper key rotation policies and have secure backup procedures. Consider using threshold cryptography for critical operations, where multiple key shares are required to perform sensitive actions. This approach distributes risk and prevents single points of failure.

4. Validate and Sanitize All Inputs

Input validation in blockchain development goes beyond preventing SQL injection—you're dealing with financial transactions where malformed data can cause permanent losses. Every piece of data entering your smart contracts should be thoroughly validated and sanitized.

Check for integer overflows and underflows, especially when dealing with token amounts or mathematical operations. Use SafeMath libraries or built-in overflow protection in newer Solidity versions. Validate address formats, ensure amounts are within expected ranges, and check for zero values where they shouldn't be allowed.

Don't trust external data sources without verification. If your blockchain development project relies on oracles or external APIs, implement multiple data sources and anomaly detection to prevent manipulation attacks. Bad data can be just as dangerous as malicious code.

5. Implement Proper Error Handling and Logging

Effective error handling in blockchain development serves two purposes: it prevents your contracts from failing unexpectedly and provides valuable information for debugging and security monitoring. However, be careful not to leak sensitive information through error messages.

Use require statements to validate conditions and provide meaningful error messages that help with debugging without revealing internal system details. Implement proper exception handling to ensure your contracts fail safely when unexpected conditions occur.

Create comprehensive logging systems that track all significant operations, especially those involving value transfers or permission changes. These logs are invaluable for post-incident analysis and can help you identify attack patterns before they cause major damage.

6. Test Extensively Across Different Scenarios

Testing in blockchain development isn't just about ensuring your code works—it's about ensuring it works securely under all possible conditions, including adversarial ones. Your test suite should include normal operations, edge cases, and potential attack scenarios.

Implement unit tests for every function, integration tests for contract interactions, and end-to-end tests for complete user journeys. Use fuzzing tools to test your contracts with random inputs and extreme values. This can uncover edge cases that manual testing might miss.

Create specific tests for security scenarios: What happens if someone tries to call functions in an unexpected order? How does your contract handle reentrancy attacks? Can someone manipulate gas costs to their advantage? These aren't hypothetical questions—they're real attack vectors that need to be tested.

7. Keep Dependencies Updated and Secure

Modern blockchain development relies heavily on libraries and frameworks, but each dependency introduces potential vulnerabilities. Staying on top of dependency security is crucial for maintaining a secure codebase.

Regularly audit your dependencies for known vulnerabilities. Use tools like npm audit for JavaScript projects or check security advisories for your specific blockchain platform. Subscribe to security mailing lists and follow security researchers who focus on blockchain technology.

When updating dependencies, don't just blindly update to the latest version. Test thoroughly in a staging environment first, and be aware of breaking changes that might introduce new vulnerabilities. Sometimes the cure can be worse than the disease if not properly implemented.

8. Design for Upgradability and Emergency Response

Even with all security measures in place, vulnerabilities can still be discovered after deployment. Smart blockchain development includes planning for the unexpected with upgradeable contracts and emergency response procedures.

Implement upgrade patterns like proxy contracts that allow you to fix vulnerabilities without losing state data. However, balance upgradability with decentralization—too much upgrade power in the wrong hands can be just as dangerous as a security vulnerability.

Create emergency response procedures that can be activated quickly when threats are detected. This might include pause functions, emergency withdrawals, or circuit breakers that can halt operations until issues are resolved. Document these procedures clearly and ensure your team knows how to execute them under pressure.

Building Security into Your Blockchain Development Process

Security isn't something you add at the end of blockchain development—it needs to be baked into every stage of your process. From initial design to ongoing maintenance, security considerations should guide your decisions.

Start each project with a threat model that identifies potential attack vectors and mitigation strategies. Make security reviews a standard part of your code review process. Create security checklists that developers must complete before deploying code.

Remember that blockchain development security is an ongoing responsibility, not a one-time task. Stay informed about new attack vectors, participate in the security community, and continuously improve your security practices. The blockchain space evolves rapidly, and so do the threats.

The investment you make in security today will pay dividends in the trust and confidence users place in your blockchain applications. In a space where reputation is everything and mistakes can be costly, following these security practices isn't just good development—it's good business.

[fromdevcom]

Blockchains are a new process that took root in real-world tech around 2016-2017 and changed IT in a similar way that open-source software did in the 90s. However, unlike similar breakthroughs like Linux, Blockchains are still a ways off from becoming a lower cost, more efficient option to share data and information between private and open business networks. What is Blockchain? A blockchain is a shared digital leader or database that securely maintains a growing list of transactions, whether it's an exchange of Bitcoin or government-backed currency. You can look at a blockchain in a similar way as a spreadsheet, except there are a few qualities that make this concept more unique in comparison to a traditional database. This list of the best blockchain courses will set this concept apart by stating how it's built around a P2P system (peer-2-peer) where every single transaction added becomes a part of the chain (hence the name). Blockchains can only be updated by a consensus between participants that have access to the system. Once new data is entered, it can't be erased. While this system will be useful in the future, in its current state, there is a possibility of severe bugs in the software. Blockchains shouldn't be advertised as a catch-all solution either as it has an issue with greater transactional throughput and scalability. However, that hasn't stopped hundreds of companies from trying their own system. Bitcoin Popularity and Economics Digital currency (or cryptocurrency) like Bitcoin has become widely popular because it allows for payment transactions over an open network using encryption methods that don't expose the purchaser. Other cryptocurrencies like Ether gained significance in 2013 and opened new ways for citizens of different countries to participate in border monetary exchanges. Bitcoin is the most famous and the most trackable cryptocurrency and was initially coined by Satoshi Nakamoto in 2008. He wrote on the genius of this electronic cash and how users didn't need to go through a financial institution to pay for goods. At its peak in 2017, Bitcoin had reached $19,783 but has since dropped to $7000 in 2020. Since there is no institution backing cryptocurrency, its economy is based on supply in demand in the same way an eBay auction is. Since there is a limited amount of Bitcoins in circulation, new Bitcoins will decrease its rate. It's actually backed by centuries of economics similar to the US dollar, although the federal reserve no longer supports the US dollar. Blockchain Security What entices investors is the security of a blockchain network. If someone wanted to hack a bank, the user would only have to hack one system. However, hackers who want to steal Bitcoin would need to decrypt every single computer on the network - a far more difficult task. While Bitcoin isn't unhackable, these systems are more difficult to penetrate. The larger the scale, the easier it is to prevent hacks. Keep in mind that while blockchain networks are secure, the applications running them may not be. If you want to keep your Bitcoin wallet safe, be sure to check the security of the software that encrypts your information, especially if that application is a monetary exchange software. Scalability Efforts As mentioned, one of the most significant issues facing blockchain and its growth is how difficult it is its scalability (or the ability to complete transactions in real-time). Bitcoin and Ether have seen these issues first hand because they compete with payment networks that are 100 times faster. If cryptocurrency addresses latency issues, it could become unstoppable. One of the ways programmers are addressing this is by increasing transactional throughput. Sharding, which splits a blockchains entire network into smaller partitions, can male this process faster because it's no longer contained in a single shard. Most blockchains still authenticate all records at once, which can elongate the process by minutes.

[wellnessweb]

Integrating AI and Machine Learning in Healthcare Interoperability Solutions Market Size

The Healthcare Interoperability Solutions Market Size was valued at USD 2.98 billion in 2022, and is expected to reach USD 8.38 billion by 2030 and grow at a CAGR of 13.8% over the forecast period 2023-2030.The Healthcare Interoperability Solutions Market is witnessing rapid growth as the demand for seamless data exchange between various healthcare systems intensifies. Driven by the need to enhance patient care, streamline operations, and comply with regulatory standards, these solutions facilitate the integration of electronic health records (EHRs), medical devices, and other healthcare applications. Key players in the market are focusing on innovative technologies such as cloud computing, blockchain, and AI to improve data security and interoperability.

Get Sample of This Report @ https://www.snsinsider.com/sample-request/1768

Market Scope & Overview

The market research report displays the market shares of the leading companies as well as the competitive landscape of the major industry rivals. The report thoroughly investigates the Healthcare Interoperability Solutions Market . The market estimations and predictions in the research study are based on the opinions of internal subject matter experts, extensive secondary research, and primary interviews. Market research aids in the evaluation of numerous essential variables, such as product performance, market share growth, and investments in emerging markets, to mention a few.

The most recent report will provide you with information on recent trends, opportunities, and components that may have an impact on future growth, as well as a comprehensive overview of the worldwide Healthcare Interoperability Solutions Market . This research provides a high-level overview of the market and its profitable opportunities. In addition to market size, the report looks into market drivers, challenges, and opportunities.

Market Segmentation Analysis

By Type

Software Solutions

Services

By Software Solutions

EHR interoperability solutions

Lab system interoperability solutions

Imaging system interoperability solutions

Healthcare information exchange interoperability solutions

Enterprise interoperability solutions

By Level

Foundational Interoperability

Structural Interoperability

Semantic Interoperability

By End User

Healthcare Providers

Healthcare Payers

Pharmacies

By HealtHospitals & Clinics

Long-term Care centers

Diagnostics & Imaging centers

COVID-19 Impact Analysis

The impact studies on COVID-19 will aid market participants in building pandemic preparedness strategies. The research looks into the demand and supply side effects on the target market. Primary and secondary research, as well as private databases and a paid data source, were all included in this study report. This study examines the impact of COVID-19 on the domestic and global Healthcare Interoperability Solutions Market places.

Regional Outlook

The Healthcare Interoperability Solutions Market  research report explores the effects of COVID-19 on a wide range of geographical markets, including North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa.

Competitive Analysis

The Healthcare Interoperability Solutions Market  research analysis comprehensively examines the consequences of COVID-19 on numerous geographical markets, including North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa.

Key Reasons to Purchase Healthcare Interoperability Solutions Market  Report

Market projections and estimates consider the many political, social, and economic elements that will influence market growth, as well as the industry's current position.

The market report investigates global market structure, segmentation, growth rates, and revenue share comparisons.

Conclusion

The research report analyses the global market and performs research on consumption, value, year-over-year growth, and future development plans to provide a comprehensive representation of the Healthcare Interoperability Solutions Market .

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When you employ our services, you will collaborate with qualified and experienced staff. We believe it is crucial to collaborate with our clients to ensure that each project is customized to meet their demands. Nobody knows your customers or community better than you do. Therefore, our team needs to ask the correct questions that appeal to your audience in order to collect the best information.

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[nadcablabs9616]

From Base Protocols to User-Facing Applications: The Three Layers of Blockchain Innovation

Blockchain technology, often associated primarily with cryptocurrencies like Bitcoin and Ethereum, is a rapidly evolving field with vast potential beyond financial transactions. To enhance scalability, efficiency, and utility, blockchain architectures are typically divided into three layers - Layer 1, Layer 2 and Layer 3. Each layer plays a crucial role in the blockchain ecosystem, addressing specific challenges and expanding the technology’s applications. Understanding these layers is essential for anyone involved in blockchain technology, from developers to investors.

Layer 1: The Foundation

Layer 1 is the base protocol of a blockchain, often referred to as the Mainnet. It includes the most well-known blockchains like Bitcoin and Ethereum. This layer is responsible for the basic operations and security of the blockchain, including consensus mechanisms such as Proof of Work (PoW) or Proof of Stake (PoS). Layer 1 solutions focus on improving the scalability and efficiency of the blockchain itself. Innovations at this level often involve changes to the fundamental protocol, such as sharding (splitting the database to spread the load) or altering the block size.

List of Layer 1 Blockchains 

Ethereum

Solana

GC Scan

Cosmos

Helper Scan

Layer 2: Enhancing Performance & Scalability

Layer 2 Scaling is built on top of Layer 1 and aims to enhance the scalability and speed of transactions without compromising the security of the underlying blockchain. These solutions are crucial because they help blockchains handle higher volumes of transactions more efficiently. Examples of Layer 2 solutions include state channels, sidechains, and rollups, each offering different methods to offload the transaction load from the main chain, thereby speeding up processing times and reducing costs.

List of Layer 2 Blockchain

Polygon

Arbitrum

OP Mainnet

Avalanche Subnets

Loopring

Layer 3: The Application Layer

Layer 3 is the application layer, where developers create decentralized applications (dApps) and services that users interact with. This layer connects the underlying blockchain infrastructure to real-world applications, making blockchain technology accessible and useful across various industries. Layer 3 solutions are about building user-friendly interfaces, integrating with other digital services, and creating ecosystems that allow non-technical users to benefit from blockchain technology without needing to understand the complex details of Layers 1 and 2.

List of Layer 3 Protocols

Cosmos (IBC Protocol) 

Polkadot 

Chainlink 

Degen Chain

Arbitrum Orbit 

Comparison of Layer 1, Layer 2, and Layer 3 Blockchains

Comparing Blockchain Layers - What Sets Them Apart

Layer 1 Blockchain

·         Key Features:

·      Foundation of the Network: Represents the base architecture of a blockchain, including how data is structured and the rules for managing it.

·   Consensus Mechanism: Utilizes mechanisms like Proof of Work (PoW) or Proof of Stake (PoS) to validate transactions and create new blocks.

·     Decentralization: Typically highly decentralized; every node in the network validates transactions and maintains a copy of the ledger.

·      Security: High security, as it forms the core of the blockchain’s integrity and trust model.

·         Key Differences:

·   Scalability Challenges: Often struggles with scalability issues due to the time and resource-intensive nature of consensus mechanisms like PoW.

·   Direct Network Participation: Every transaction is processed on-chain, directly involving the base layer's infrastructure.

Layer 2 Blockchain

·         Key Features:

·   Scalability Solutions: Designed to improve transaction speeds and throughput by handling transactions off the main chain.

·   Variety of Solutions: Includes technologies like state channels, sidechains, and rollups, each with unique mechanisms for processing transactions.

·   Interdependence: Relies on the underlying Layer 1 blockchain for final transaction validation and security.

·         Key Differences:

·   Operational Independence: Can operate independently in processing transactions but ultimately depends on Layer 1 for finality and overarching security.

·  Reduced Load on Layer 1: Helps in reducing congestion and fees on the main blockchain by moving frequent, smaller transactions to a secondary layer.

Layer 3 Blockchain

·         Key Features:

·         Application Focus: Primarily concerned with user-facing applications and services that leverage the underlying blockchain infrastructure.

·         Cross-chain Functionality: Facilitates operations across different blockchain networks, enhancing interoperability.

·     Complex Operations: Supports sophisticated applications like complex decentralized finance (DeFi) protocols, gaming, and non-fungible tokens (NFTs).

·         Key Differences:

·   Reliance on Underlying Layers: Does not directly participate in blockchain consensus or security but relies on Layers 1 and 2 for these aspects.

·  End-User Orientation: Tailored towards creating seamless and accessible experiences for end-users, often abstracting the complexities of underlying blockchain mechanics.

Why It’s Important

The layered architecture of blockchains is essential because it allows for specialization at different levels of the system, addressing specific needs without overburdening any single layer. By segregating functionalities into different layers, developers can focus on optimizing each layer’s performance and security. For users and businesses, this means faster, cheaper, and more reliable blockchain services that can scale as needed without sacrificing security or decentralization.

Conclusion

In conclusion, the multi-layered structure of blockchain technology is designed to tackle various challenges, from scalability and efficiency to the creation of diverse applications. For those looking to leverage these benefits, partnering with an experienced developer like Nadcab Labs can be a strategic move. With their specialization in all three blockchain layers, Nadcab Labs provides businesses the tools and expertise necessary to develop and enhance their own blockchain solutions. This tailored approach ensures that organizations can not only meet their current needs but are also well-positioned to adapt and thrive in the ever-evolving blockchain landscape.

Author Profile:

Nadcab Labs - A Leading Blockchain Developers With over 8+ years of experience in, Custom Blockchain Development, Smart Contract Development, Crypto Exchange Development, Token Creation and Many More Services.

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[bitcofunblog]

Table of ContentsPerformance and Scalability: Blockchain Databases vs. Traditional DatabasesSecurity Measures: Analyzing Blockchain Databases Against Traditional DatabasesCost Implications: The Economic Differences Between Blockchain and Traditional DatabasesConclusion"Empowering Integrity vs. Ensuring Efficiency: Blockchain Databases for Immutable Trust, Traditional Databases for Proven Performance."Blockchain databases and traditional databases represent two fundamentally different approaches to data storage and management. Traditional databases, such as relational databases, have been the cornerstone of data storage in the business world for decades. They are centralized systems managed by a single entity and are designed for rapid and efficient handling of large volumes of data that can be queried and updated quickly. On the other hand, blockchain databases are a newer form of database that emerged with the advent of cryptocurrencies like Bitcoin. They are decentralized and distributed across a network of nodes, providing a secure and immutable ledger of transactions. Unlike traditional databases, blockchains are designed to provide a high level of security and trust without the need for a central authority, by using cryptographic techniques and consensus algorithms. The comparison between blockchain databases and traditional databases involves examining their architecture, performance, security, scalability, and use cases. Each type of database has its own set of advantages and disadvantages, making them suitable for different applications depending on the requirements for data integrity, trust, control, and efficiency.Performance and Scalability: Blockchain Databases vs. Traditional DatabasesTitle: Comparison between blockchain databases and traditional databases In the realm of data management, the advent of blockchain technology has introduced a novel paradigm that contrasts sharply with traditional databases. When evaluating performance and scalability, both blockchain databases and traditional databases exhibit distinct characteristics and trade-offs that are crucial for stakeholders to understand. Traditional databases have been the cornerstone of data storage and retrieval for decades. They are designed to handle large volumes of transactions quickly and efficiently, thanks to their centralized architecture. This centralization allows for powerful computing resources to be dedicated to the database, ensuring high transaction throughput and low latency. Moreover, traditional databases can be scaled vertically by adding more powerful hardware or horizontally by distributing the load across multiple servers. This flexibility in scaling enables traditional databases to support the growing demands of modern applications and large enterprises. In contrast, blockchain databases, also known as distributed ledger technology, offer a decentralized approach to data management. Each participant in the network maintains a copy of the entire database, and transactions are recorded in an immutable chain of blocks. This structure provides a high level of data integrity and security, as altering data on the blockchain would require consensus across the network, which is computationally impractical. However, the decentralized nature of blockchain databases introduces performance challenges. The requirement for consensus on each transaction means that the speed at which transactions can be processed is inherently slower than in traditional databases. Each transaction must be verified and agreed upon by multiple nodes, which can lead to significant delays. As a result, blockchain databases typically have lower transaction throughput compared to their centralized counterparts. Scalability is another area where blockchain databases face hurdles. As the number of participants and transactions grows, the size of the blockchain swells, leading to increased storage requirements for each node. Furthermore, the consensus mechanisms that

ensure security and trust, such as proof of work or proof of stake, can become bottlenecks as the network scales. Efforts to improve blockchain scalability, such as sharding or layer-two solutions like the Lightning Network, are ongoing but have yet to match the scalability of traditional databases. Despite these challenges, blockchain databases have unique advantages that make them suitable for certain applications. For instance, in scenarios where trust is paramount, and intermediaries are undesirable, the transparency and immutability of blockchain databases are invaluable. They are particularly well-suited for applications like supply chain management, where multiple parties require access to a shared, unalterable record of transactions. In conclusion, when comparing blockchain databases to traditional databases in terms of performance and scalability, it is evident that each has its own set of strengths and weaknesses. Traditional databases excel in high-speed transaction processing and flexible scalability, making them ideal for applications that demand rapid data access and manipulation. On the other hand, blockchain databases shine in environments where security, transparency, and decentralization are top priorities, despite their current limitations in speed and scalability. As blockchain technology continues to evolve, it may overcome some of these limitations, but for now, the choice between a blockchain database and a traditional database depends largely on the specific requirements of the use case at hand.Security Measures: Analyzing Blockchain Databases Against Traditional DatabasesTitle: Comparison between Blockchain Databases and Traditional Databases In the realm of data management, the advent of blockchain technology has introduced a novel paradigm that contrasts sharply with traditional databases. This comparison becomes particularly intriguing when examining the security measures inherent to each system. Blockchain databases, with their decentralized architecture, offer a fundamentally different approach to securing data compared to the centralized models of traditional databases. At the heart of blockchain's security proposition is its use of distributed ledger technology. Unlike traditional databases that store data in a central location, blockchain disperses the data across a network of nodes, making it highly resistant to unauthorized alterations and cyber-attacks. Each transaction on a blockchain is verified by consensus among the nodes, and once recorded, the data is immutable. This means that altering information retroactively would require an enormous amount of computational power to change the majority of copies simultaneously, a feat that is practically unfeasible. Furthermore, blockchain employs cryptographic techniques to ensure the confidentiality and integrity of data. Each block of data is linked to the previous one through a cryptographic hash, creating a chain that is tamper-evident. Any attempt to alter a single record would not only be easily detectable but would also invalidate the entire chain. This level of security is bolstered by the use of public and private keys, which ensure that only authorized individuals can access the information they are permitted to see. In contrast, traditional databases rely on a central authority to maintain the integrity and security of the data. While this centralization can offer efficiency and control, it also presents a single point of failure. If a hacker gains access to the central server, they can potentially compromise the entire database. To mitigate this risk, traditional databases employ various security measures such as firewalls, access controls, and encryption. However, the centralized nature still leaves them vulnerable to insider threats and systemic failures. Moreover, the security of traditional databases is heavily dependent on the robustness of their backup and recovery systems. In the event of data corruption or loss, the ability to restore information quickly and accurately is critical.

While blockchain's redundancy inherently provides a form of backup through its distributed nodes, traditional databases must implement comprehensive backup strategies to prevent data loss. Another aspect where blockchain databases stand out is in their transparency and auditability. The blockchain's open ledger allows for a clear trail of transactions, which is particularly beneficial for applications that require traceability and verifiable histories, such as in supply chain management or financial services. Traditional databases, while capable of logging transactions, do not offer the same level of inherent auditability and may require additional systems to provide a comparable degree of transparency. It is important to note, however, that blockchain is not a panacea for all security concerns. The technology is still relatively new and evolving, and there are challenges related to scalability, privacy, and regulatory compliance that need to be addressed. Additionally, the security of a blockchain system is also contingent on the security of the underlying infrastructure, including the nodes and the network. In conclusion, when analyzing blockchain databases against traditional databases from a security standpoint, it is evident that blockchain offers a unique set of advantages due to its decentralized, immutable, and transparent nature. While traditional databases have been the backbone of data storage for decades and have established security protocols, the centralized model inherently carries risks that blockchain technology is designed to mitigate. As the digital landscape continues to evolve, the choice between blockchain and traditional databases will largely depend on the specific needs and security requirements of the organization or application in question.Cost Implications: The Economic Differences Between Blockchain and Traditional DatabasesTitle: Comparison between blockchain databases and traditional databases. Section: Cost Implications: The Economic Differences Between Blockchain and Traditional Databases. In the rapidly evolving landscape of data management, the emergence of blockchain technology has introduced a new paradigm in the way we think about databases. While traditional databases have been the cornerstone of data storage and retrieval for decades, blockchain databases offer a decentralized approach that promises enhanced security and transparency. However, when it comes to the economic implications of adopting these technologies, businesses must carefully weigh the costs and benefits associated with each. Traditional databases, such as relational databases, have been the go-to solution for organizations due to their proven reliability and efficiency in handling large volumes of transactions. These systems are supported by a centralized architecture where a single entity has control over the entire database. The cost of setting up and maintaining a traditional database can be substantial, but it is a well-understood investment. Companies can predict the expenses associated with hardware, software licenses, and personnel required to manage these systems. Moreover, economies of scale can be achieved as the business grows, potentially reducing the cost per transaction over time. In contrast, blockchain databases operate on a distributed ledger technology where data is stored across a network of computers, making it nearly impossible to alter records retroactively. This structure inherently provides data integrity and security, which is particularly valuable for industries where transparency and trust are paramount. However, the economic implications of implementing a blockchain database can be quite different from traditional systems. Firstly, the initial setup costs for a blockchain system can be high, especially for private or consortium blockchains that require the development of a custom solution. The need for specialized knowledge and skills to create and manage a blockchain can drive up labor costs.

Additionally, the technology is still relatively new, and the lack of standardization can lead to increased expenses in research and development to tailor the blockchain to specific business needs. Furthermore, blockchain databases can incur significant operational costs. The consensus mechanisms that ensure the integrity and consistency of the distributed ledger, such as proof of work or proof of stake, can be resource-intensive. For public blockchains, this can translate into high energy consumption and associated costs, although this is less of an issue for private blockchains with fewer nodes. Moreover, the storage requirements for blockchain databases can grow rapidly, as every node in the network must maintain a copy of the entire ledger. This redundancy, while beneficial for security and robustness, can lead to increased storage costs compared to traditional databases that centralize data storage. On the other hand, blockchain databases can offer cost savings in certain scenarios. By eliminating intermediaries and reducing the need for oversight and auditing, blockchain can streamline operations and cut costs in processes that require high levels of trust and verification. For example, in supply chain management, a blockchain can provide a transparent and immutable record of goods as they move through various hands, potentially reducing the costs associated with fraud, errors, and disputes. In conclusion, the decision to adopt a blockchain database over a traditional database is not solely a technical one; it is also an economic consideration. While blockchain offers distinct advantages in security and transparency, these benefits come with a different cost structure that may not be suitable for all businesses. Organizations must evaluate the long-term economic impact, including setup and operational expenses, against the potential cost savings and value addition that blockchain technology could bring to their operations. As the technology matures and more use cases are explored, the economic differences between blockchain and traditional databases will become clearer, helping businesses make informed decisions about their data management strategies.ConclusionConclusion: Blockchain databases and traditional databases serve different purposes and have distinct characteristics. Blockchain databases offer decentralized control, enhanced security through cryptographic techniques, and an immutable ledger that is ideal for scenarios requiring transparent and tamper-proof record-keeping. They are well-suited for applications that require trustless transactions and verifiable histories, such as cryptocurrencies and supply chain tracking. On the other hand, traditional databases are centralized systems managed by a single entity, making them more susceptible to single points of failure and security breaches. However, they excel in performance, scalability, and efficiency for a wide range of business applications. Traditional databases support complex queries and transactions at a high speed, which is essential for enterprise operations. In summary, the choice between blockchain databases and traditional databases depends on the specific needs of the application, with blockchain databases being preferred for trust and immutability, and traditional databases for performance and flexibility.

[robinadammemecoin]

 Create your own cryptocurrency

   

Cryptocurrencies and any other decentralized assets bestow an ever-changing plethora of blockchain-powered use cases, including decentralized finance (Defi), Web 3.0, Artificial Intelligence, and the Internet of Things (IoT). Being a crypto enthusiast if you have ever thought about tracing the footsteps of Satoshi Nakamoto or Vitalik Buterin, then you must be prepared for a mind-numbing journey. Due to the urge to create your own cryptocurrency recently we have seen the evolution of numerous blockchain forks.  

When creating your own cryptocurrency, you must be aware of the two options: create your own cryptocurrency or a token. A token functions on an existing network, while a coin functions on its own blockchain network, however, both depend on blockchain technology for decentralization and security. Basically, if we put it in simple terms, there are three primary ways to create a cryptocurrency, devising your own blockchain network, modifying any of the pre-existing blockchains, or developing on top of any present blockchain. 

Moreover to choose the right option one must identify the factors involved such as use cases, tokenomics, coding skills, and legality. To grasp the factors involved in the process, let’s take a look at each of the factors individually. 

How to create your own cryptocurrency 

Herein, we offer a step-by-step view of the general process. To keep the steps simple, we will assume you’re creating a cryptocurrency with a real vision and purpose. 

Read More : https://shamlatech.com/cryptocurrency-coin-development/

Selecting a consensus mechanism: 

Choosing a consensus mechanism is one of the foremost points to take care of. Select a mechanism that aligns with your goals and requirements like Proof of Work (PoW), which is computation-intensive, or Proof of Stake (PoS) which is energy-efficient. Nevertheless, there are various networks developed recently, that are innovative like Solana’s Proof of History (PoH), which increases the processing speed of transactions, further improving the throughput of a blockchain network. 

Selecting your own blockchain network: 

Unless you are creating your own blockchain network, you can opt for any of the existing blockchain technologies. Choosing the right blockchain allows the system to track the records and hold the transactions accountable. Thus, you can select from a plethora of options such as Binance Smart Chain, Ethereum, NEM, EOS, and many others. 

Publish your Whitepaper

Now this is the time to put all the information in a manifesto. Research other successful blockchain whitepapers and the results they have got and figure out what went wrong in the use cases. Moreover, compare their tokenomics, and network emissions with their post-launch results. After the comparison, create the tokenomics for your own blockchain and put it in a whitepaper, publishing it on your social media, and your website. 

Create the nodes 

The building blocks of any blockchain network are its nodes. Nodes store and verify your transactions. Also, get the important hardware such as the processors, disk size, and memory if required. 

Develop the internal architecture 

It’s time to focus on the blockchain’s rules, parameters, and internal architecture, including its private and public key format, how the crypto asset will be issued, and permissions. While developing these factors be very sure to consider these factors as they cannot be modified without a software upgrade once the network is up and running. 

Design the user interface 

Devise an Application Processing Interface (API), a user-friendly interface to help your blockchain communicate with its users and community. However, it depends on the complexity of your blockchain network that you may require mail, FTP servers, web, external databases, and front-end programming languages, including HTML5, C++, Java, Python, and Javascript. 

Blockchain requirement to develop a cryptocurrency 

Many crypto enthusiasts are still living in doubt about whether they require a deep knowledge of blockchain. So, the answer to this question is ‘YES.’ For this let’s first understand what blockchain can do. As we know blockchain is a distributed ledger shared among different computer nodes. Moreover, it can be used not only in cryptocurrency but various other also can be used to make data immutable. 

Because there are no third parties involved, including auditors and other humans increasing the cost. Once a block is created in cryptocurrency, there is no way to alter or modify the block, the only trusted entity is the user or program who entered the data. It functions like a cell in a spreadsheet. Once the transaction information is completed, it is run through an encryption algorithm, further creating a hash. 

Moreover, because of the decentralized nature of blockchain, all the transactions can be transparent with the usage of blockchain explorers, or personal nodes that permit to view any transaction live. Thus, it means that you can trace the Bitcoin transaction wherever it goes. Also, today more than 23,000 cryptocurrencies are experimenting and running on the blockchain network. Hence, it turns out that blockchain is very much needed to create your own cryptocurrency. 

Difference between a coin and a token 

Coins are cryptocurrencies belonging to a particular blockchain. Furthermore, they are not dependent on other chains and cannot be utilized by any other chains. Being resistant to censorship, fraud, and hacking coins are protected by encryption and cryptography. However, a token is built on another blockchain and depends on the blockchain for its operations. One of the foremost importance of tokens it give voice to the decision-making process of a decentralized application (dApp). 

Tokens can make use of cross-chain communication and compatibility. Because they are built on a blockchain, unlike coins tokens can be supported by various blockchains. Thus, there are many benefits to issuing a token instead of a coin which requires you to develop your own blockchain and secure it. An ERC20 token can be issued in minutes and can leverage the benefits of the Ethereum battle-tested security, while also having access to the community of users. 

There are numerous coins, including Cardano (ADA), Tron (TRX), and Chainlink (Link), that were introduced as ERC20 tokens, however, later transformed to their into their own mainnets.

Does cryptocurrency require coding skills?

If you want to create a crypto coin, it typically requires some understanding of coding skills and technical knowledge because it necessitates the development of a blockchain network or the modification of a pre-existing blockchain. Nevertheless, there are various platforms and services that can help you in developing your own cryptocurrencies. 

Let’s give you examples of some prominent ones: 

Ethereum: The blockchain network bestows the creation of custom tokens, often known as ERC20 tokens without the knowledge and skillset of extensive coding. Platforms, including MyEtherWallet, and TokenFactory can help crypto enthusiasts create your own cryptocurrency. 

Binance Smart Chain: In a similar manner Binance Smart Chain also allows the creation of custom tokens. If you want to launch your own token you can make use of the platforms, including TokenPocket, and PancakeSwap. 

Besides, there are numerous platforms available for the creation of a cryptocurrency without putting as much effort as you would have gone through while create a crypto coin from scratch, however, one must be vigilant and careful while selecting any of these services. Though these technologies permit the development of a cryptocurrency, however, security and functionality cannot be compromised. Hence, it is significant to have a basic knowledge of the underlying technology. If you are serious about creating your own cryptocurrency. You must hire a technician and a person with deep knowledge of coding and blockchain, which can strengthen your crypto.  

Additionally, creating a successful cryptocurrency involves various other steps, including research, legality, marketing, and engagement of the target user base based on your use case. 

Financial investment needed for the creation of a crypto coin

Devising your own cryptocurrency depends on various factors, including the duration of development, the expertise of the team, and the complexity involved in the project. Creating a standalone token on ERC20 will cost a few thousand dollars, covering the auditing charges, and smart contract development. However, if you want to create your own blockchain from scratch, it can cost from thousands of dollars to millions depending on the scalability of the project, security, and desired features.  

Moreover, various factors contribute to the overall budget of the project, including hiring a blockchain developer or a team of developers, legal consultations for compliance, security experts, building an infrastructure for the project, and marketing costs. To ensure the security and functionality of the coin, the budget for auditing and testing must be taken into consideration. Furthermore, regulatory compliance costs may arise due to the jurisdiction of development. According to the evolving nature of the technology, and regular updates the expenses may increase.

Ensuring the security of your crypto coin

Decentralized assets like Non-fungible tokens (NFTs), and cryptocurrencies are gaining momentum in a digital economy, wherein every person wants to gain the pros of decentralization, and transaction security. Cutting out the central authority, and reducing processing fees for fund transfers, however, without the existence of the central authority, digital cryptocurrency balances are prone to get entirely decimated by a computer crash, or any unexpected events like hacks. 

According to a report published by Chainanalysis, a crypto forensics company, published that 2022 was the largest year when it comes to crypto hacking with 3.8 billion stolen from cryptocurrency companies. In fact, in the month of October alone $775.7 million was stolen from firms in 36 different accounts. To make your own crypto coin security is of utmost importance for a trader or an investor. Thus, there are four key factors to create a solid security infrastructure:

Seed generation: A cryptocurrency infrastructure requires a set of secure development of cryptographic keys and seeds. Pay close attention to unguessable numbers, and confidentiality while examining your organization’s security measures. Confidentiality makes sure that the upgraded seeds and keys are not obtained by any unauthorized entity. While the usage of unguessable numbers shields against any unintended party. 

Wallet and key usage: Another one of the primary points to develop a strong security infrastructure. Unintentional disclosure of the wallet holder’s key or identity due to lost or stolen keys can be avoided by using practices like;

Make the usage of keys or seeds only in a trusted environment 

Making it a necessity to use two signatures to transfer or use funds from the wallet.

Getting a unique address for each transaction that occurs 

Cross-checking the backgrounds, identifications, and references of all the key/seed holders 

Storing and maintaining keys with a signing authority at different locations. 

Storage of keys: A cryptocurrency firm must maximize the security of its cryptocurrency keys. These keys must be stored with appropriate physical locks, secret sharing, and encryption. Moreover, backup keys are also significant and they must be physically stored in a paper, digital, or any other format that protects it against environmental risks. 

Key compromise policy: Though it is a relatively new concept, however, after numerous cyber attacks and the stealing of billions of dollars worth of crypto, a key compromise policy must be in place. A process that ensures the steps to be taken in case of theft of cryptographic keys/seeds or its holder gets compromised.  Moreover, crypto firms must develop proof of reserve funds, for the purpose of compliance. Besides, Audit logs are a very crucial tool to help comprehend the occurrence of unexpected security incidents and rapidly resolve any inconsistency in the system to get back the information system to a consistent, and workable state. 

Legalities involved in creating a crypto coin: 

Many times while creating your own cryptocurrency, crypto enthusiasts delve into the self-doubt of whether it is legal to create a crypto coin. This is one of the foremost questions asked by a lot of people. Yes, it is completely legal to create your own cryptocurrency, however many countries have put a ban on crypto transactions. 

For instance, in India, cryptocurrencies that are utilized as a payment method, there are no such rules and regulations laid down by the Government of India (GoI) for settling any crypto-related disputes. Thus, trading in the country is completely at the investor's own will to take the risk. However, the Finance minister of the country, Nirmala Sitaraman has many times raised the issue of taxing virtual currencies, and not only her many other intellectuals have also embraced the taxing of cryptocurrencies. Nevertheless, there is no legal clarification or manifesto passed on the matter of the legality of cryptocurrencies. 

As per the Union Budget of 2022, the Government has taken a clear stance on the taxing of virtual currencies by imposing a 30% tax on gains from cryptocurrencies and a 1% tax charged at source. 

Programming languages used to create your own cryptocurrency: 

The top fifteen programming languages that are used by the veterans in the crypto and blockchain industry are: 

Solidity: A language invented by the mastermind of Ethereum blockchain, Vitalik Buterin is an amalgamation of JavaScript, C++, and Powershell. It is one of those programming languages that a crypto enthusiast must learn especially if you are developing decentralized applications (dApp) or looking forward to getting into the Initial coin offering (ICO) game. 

Hence, it has a plethora of benefits, including its development-friendliness, programming typed statically, accurately precise, the possibility of property inheritance in the smart contracts, and its accessibility to debuggers, JavaScript, and other programming tools. 

Java: A language to be used in the Android app development and backend development is considered the top programming language for sophisticated smart contracts, and decentralized applications (dApps). The major benefit of using Java is its robust backing to object-oriented programming (OOP), ease of clearing the memory, and availability of ample libraries. Moreover, some of the best blockchain solutions created using Java include NEM, NEO, IOTA, and Hyperledger Fabric. 

Python: Python has ruled the world of IoT app development, and the development of network servers, and app development is also ruling the world of the Blockchain-as-a-service realm. Because of its exceptional features, including its easy-to-grasp Python programming language for blockchain development, perfect for both the scripting and base approaches, it offers access to a dynamic environment, and the coding of blockchain becomes efficient for programming. 

Read More : https://shamlatech.com/cryptocurrency-coin-development/

Marketing of cryptocurrency once it is created:   

Though the term crypto marketing has been designed recently, it is being used by several crypto business owners, be it lending, crypto wallet, exchanging, or building a community. If you are going to devise your own cryptocurrency you must learn the methods of how to attract other cryptocurrency community people to build a strong foothold in the market. Some of the most common ways of doing crypto marketing are 

Crypto airdrops: Distribute the maximum number of tokens by airdropping it to multiple people in the community. In exchange offer them a free signup on the platform. 

Bounty programs: Bounty programs are different from airdrops because airdrops are something like a token that fell into your pocket out of nowhere. Nevertheless, in crypto bounties, customers or investors must perform a task and in return, they will get a token of the original currency The tasks can be promotions via social media posts, reposting, retweets, or anything that helps in the promotion and marketing. 

In 2021 alone 2000 cryptocurrencies got into the pile of dead companies and failed. However, the global crypto market is approximately $983.72 billion, so if you don’t want to end up in the pile start with crypto marketing. 

A step-by-step guide to launching Initial Coin Offerings (ICOs) 

To launch a successful initial coin offer (ICO), you must plan and execute the strategy in a meaningful manner. 

Whitepaper: The real smell of a successful crypto project is its white paper. Lay down everything, starting with the problem and talking about how your crypto coin solves that problem. 

Decide a purpose of your token: Do incentivize your contributors by conducting thorough research on the soft and hard cap token numbers. Be aware of running uncapped ICOs. 

Legalities: Do hire a legal advisor in your team, laying down the terms and conditions of who can and who cannot contribute to the project. 

Plan and decide on the blockchain technology: Choose a blockchain technology underlying your token, as most people opt for ERC20 as it is easy to launch the ICOs but implementing a custom crowd sale logic can be mind-numbing. For instance, a discount structure for contributors, and refunding contributors if the ICO fails to meet its soft cap limit. 

Token crowd sale and smart contracts: When writing smart contracts in the context of Ethereum, Open Zeppelin libraries can be the greatest asset when writing token smart contracts, and crowd sale. 

Hardware and website setup: Firstly you will require a wallet to store the funds coming in from ICOs, for example, a multi-sig hardware wallet. Design a usable website with clear instructions laid out. In fact, many successful ICOs have a login system in place to download or upload any document. 

Market early and right: Creating brand awareness and standard marketing campaigns using LinkedIn, Slack, ICO listing websites, and Bounties. Moreover, you must be aware of your target audience because the people who invest in ICOs aren’t novices, they are people who know about cryptocurrencies and are probably experts in it. Hence, you must research and advertise in the right places, though videos are still the best way to communicate. However, you must go to offline meetings and meet people in person to create credibility. 

Choosing a name and logo for your crypto coin

While selecting a logo, you must take into consideration two crucial factors, i.e. identifiability and scalability. For instance, many crypto companies opt for geometric and abstract logos related to technology and innovation. While choosing a name, be aware of selecting an easy-to-pronounce name relating to the service your crypto coin is going to provide.  

Read More : https://shamlatech.com/cryptocurrency-coin-development/

Conclusion:

Some of the most successful cryptocurrencies are, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Steller (XLM), Zcash (ZEC), and many more. To create your own cryptocurrency you must study the whitepapers, and their pre-launch and post-launch strategies, which will help you in the creation of an ideal decentralized virtual asset. Moreover, having a great team of technicians, and designers, consisting of a CTO, CFO, and CEO is a must to expand your crypto-coin and develop a cryptocoin. 

[dugongglobalservices]

"Dugong.one" presents an insightful article, "Blockchain vs. Traditional Databases: A Comparative Analysis," which delves into the fundamental differences between blockchain technology and traditional databases. This in-depth comparison offers a clear understanding of the unique features, advantages, and limitations of both systems. Readers can gain valuable insights into when and why to choose one over the other for various applications, from security and decentralization to data integrity and transparency. This article is a must-read for those seeking to make informed decisions about database technologies, whether for financial transactions, supply chain management, or other data-intensive processes.

[ailtrahq]

July saw a drop in capital inflows from venture capitalists by 10.26% resulting in $700 million raised according to Cointelegraph Research VC Database. The last two months rejected the potential upward trend, as it seems that macroeconomic conditions revolving around the United States Federal Reserve rate hikes and geopolitical events are still having a more severe impact on VCs’ decision making. With this in mind, many firms are staying risk-off with most of their reserves, while some are deploying portions of capital to value investments. Generally, VCs are closely examining each new project for potential investment opportunities, preferring to follow smart money instead of taking stabs in the dark.Purchase access to the Cointelegraph Research VC Database.However, not everything is so grim in the crypto VC sector. Polychain Capital launched an Investment Fund IV for $200 million, and CoinFund launched a Seed Fund IV for $152 million in July. Under current conditions, they can be considered notable outliers. For comparison, June only saw three crypto funds emerge, raising less than $100 million in total. The hype around the potential approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S. is also heating up, and if one can receive approval from the SEC, it could revitalize the industry and drive the next crypto bull run. The approval will likely send an inspiring signal for crypto VCs and bring more attention and capital into the industry. Though, we are yet to see whether this will turn the investment trend upside down.Infrastructure and Web3 stay aheadWeb3 has been one of the most active sectors measured by the number of deals, and July was no exception, with 26 individual deals raising $256.2 million. Conversely, infrastructure has brought in the most capital inflows recently and continued to do so, with $279 million over 24 deals in July. Decentralized finance followed up with $140.1 million invested across 19 deals, and centralized finance alongside with nonfungible tokens (NFTs) is yet again closing off the list.Polygon and Binance Labs participated in four rounds in the month of July. Interestingly, 0xBoost Finance, Aethir, Dappos and Delabs Games attracted investments from several prominent investment companies, including Polygon, Binance Labs, HashKey Capital and others.However, none of these projects are among the top raisers. Web3 startup Zyber 365 is heading the list with a Series A round of $100 million. The round makes Zyber another fintech unicorn valued at over $1.2 billion, and the funds are intended to fuel global expansion.Infrastructure solution provider Flashbots, which primarily focuses on reducing the negative impact of maximal extractable value on the Ethereum blockchain, managed to close a Series B round of $60 million from Sanctor Capital, HashKey, Animoca and others. Meanwhile, artificial intelligence (AI) metaverse startup Futureverse managed to close a $54-million Series A round from 10T Holdings and Ripple. Futureverse is a combination of 11 startups from various spheres ranging from blockchain and AI to NFTs and gaming, and aims to expand the company’s ecosystem.The upward trend hasn’t continued in July, resulting in another month’s investments decreasing. Investor activity is lower, and although the positive sentiment about Bitcoin and Ether (ETH) ETFs approval in Europe and in the U.S. may change the VC landscape, it is unlikely that the blockchain industry will see a quick return to the steady upward trend. Source

[cremello-2022]

Cremello - The Best Website to Invest and Earn Crypto

Introduction to Crypto

The word "cryptocurrency" refers to the use of encryption to ensure data integrity. It implies that complex coding is used to store and transmit Bitcoin data between pockets and to global accounting records. The purpose of encryption is to assure security and safety.  Cryptocurrency payment mechanism does not rely on banks for transaction verification. It's a mentoring payment system that lets anybody transfer money from anyone, anywhere. The payment exists solely as digital entries to an online database documenting the specific transaction, rather than as solid money carried around and exchanged in the real world.

Bitcoin, which was launched in 2009, was the very first cryptocurrency and is now the most widely traded. Satoshi Nakamoto created the currency, which is commonly assumed to be a euphemism for individuals or groups whose specific identity is unknown. It works independently of any centralized power or monitoring from banks or governments. It is instead based on mentoring software and cryptography. All Bitcoin operations are documented in the risk ledger, with backups preserved on servers across the world. Moreover, Cryptocurrency is expected to be the future currency that will eventually replace paper money across the world.

How to invest in crypto securely?

When it comes to deciding how to invest securely in cryptocurrency, the most important factor to consider is of selecting a reputable platform. While selecting any reliable platform, focus on which cryptocurrencies are being offered, what costs are paid, what security measures are in place, retention and deposit plans, and any instructional materials.

Cremello is the Ideal Choice!

So, if you're looking for the greatest comprehensive crypto software, you may completely trust Cremello. Cremello Currency Management is a worldwide investment firm. The operation of the company is focused on cryptocurrency trading, Forex, stocks, and presenting investment services globally. This platform is a very well-known cloud mining and investing firm. It is providing the best services as one of the most substantial crypto programs to manage the mining ecosystem.

The Company’s invention marked the entrance of digital or cryptocurrency, and it has been considered a phenomenon. Since its inception, it has seen a dramatic spike in price and quick growth, followed by massive volatility swings, as well as a slew of controversy. The recommended firm is concerned with the sponsorship of potential advances in the cryptocurrency sector and using blockchain technology.

With years of expertise delivering top-tier cryptocurrency mining equipment, this platform has grown to be amongst the leading cloud mining platforms. Because all miners’ capabilities are provided by physical miners, this business features minimal fees and great mining capabilities that can be relied on. Hence, picking Cremello enables cloud mining attainable with user-friendly services and will be the finest decision you've ever made.

Why is it good to invest in crypto?

·        Digital System

A crypto is a type of digital asset that is built on a block chain that is dispersed across many computers. Because of their decentralised nature, they may exist independently of states and central authorities.

Gold has been around for a long time, and the share market has been around for hundreds of years. Cryptocurrencies have been around for almost a decade, but the concept is still in its infancy in comparison to the rest of banking. Aside from investing in cryptocurrencies and trading them, the majority of the benefits of cryptocurrency revolve around its digital use. Users may purchase Bitcoin from prominent cryptocurrency exchanges and then move value via the internet using a wallet, eliminating the requirement for a third-party service or middleman such as a bank.

Cryptocurrency is a sort of digital ledger that is hypothetical digital money that employs cryptography. Cryptography is a highly advanced type of encryption to safeguard and secure transactions along with managing the generation of new monetary units. It is found to act as a decentralized means of exchange, apart from any banking institution or other central authority.

Cremello offers the best services to achieve your dreams. It is therefore highly recommended as a platform for investing in cryptocurrency if you want to invest your money safely and soundly.

·        Remarkable Security

Decentralized cryptocurrencies are secure means of payment since they are built on cryptography and block chain security. This is possibly one of the most guaranteed advantages of cryptocurrencies. The hash rate plays a significant role in determining cryptographic security. The greater the hash rate, the greater the computational power required to hack the network. Bitcoin is by far the most secure cryptocurrency, with the greatest hash power of any network.

However, using a cryptocurrency exchange is only as safe as the exchange itself. The majority of crypto hacking cases include exchanges getting hacked or individuals playing badly.

But the issue arises when some platforms change their motives and focus on their personal profit. The whole security system has been changed and reduced. Hence, one should be very concerned about choosing the right and reliable platform for investment.

Cremello assures the best security measures and lets you invest your valuable digital currency and money in the safest possible way. Hence, Cremello is the best choice when it comes to providing security to their investors.

·        Epidemic Growth Of Industry

This modern and digital cryptocurrency sector has become one of the fastest spreading sectors, as many of us have witnessed firsthand. Being agile now may be roughly equivalent to being related to and linked with firms at the spearhead of the internet in the early 2000s.

In 2013, the overall market capitalization of the cryptocurrency industry was around $1.6 billion. By June 2021, it had risen to more than $1.4 trillion. Hence, with the mounting growth of technology and industry, this form of currency is also growing swiftly. Advances have always been a necessity and should be a must. Hence, the investment in cryptocurrencies through the corporation of Cremello will be the best decision you have ever made.

·        Twenty-Four By Seven Availability

The stock exchanges are just accessible on working days between 9:30am and 4:30pm. Most standard finance sites are closed at night, or on weekends, and on all the days off. Crypto markets, on other side, are accessible twenty four hours and seven days. Only issues that can interrupt this digital crypto trading are the minor ones like the problem of internet, the shortage of power or the unavailability of the awareness of this modern digital banking and mining platform. Similarly, the best helping hand in the required era is Cremello with all-time availability.

Why to choose Cremello?

Cremello is a well-known cloud mining firm. Data centers may very well be found all around the world. Because all mining skills are supplied by physical miners, this platform has minimal fees while yet having tremendous mining capabilities.

·        Transactional Liberty

One of the many advantages of Cremello is its ability to be utilized to trade values between two parties. This may be done without the involvement of a third entity, making the transaction more free and resistant to censorship.

Bank or other payment systems have the right to refuse service to anybody for any reason. This may make life tough for journalists, political dissidents, and anyone operating in countries with harsh governing regimes. However, Cremello offers the best mining system with the commission of 3%.

·        A Catch-All Financial System

Some of Cremello's advantages extend to persons who do not have accessibility to the regular financial system. One of the advantages of Cremello is that it may be used by anybody due to its decentralized and permission-less nature.

It is not necessary for anyone to obtain authorization from any economic authority or government in order to utilize it. They do not have to own a bank account. Today, billions of people are "unbanked," which means they do not have access to finance, including bank accounts. All these folks get is a smartphone to use Cremello, and they can practically be their own bank.

·        Cross-Border Payments

Cremello is unconcerned about national boundaries. A person in one nation can transmit coins to someone from another country with no additional difficulties. Getting cash across international boundaries using standard banking services may take a long time and cost a lot of money. In certain circumstances, this may be impossible owing to legislation, penalties, or conflicts between nations. All of this, however, is possible with the assistance of Cremello.

In cross-border payments, blockchain technology can enable safe transfers across an endless number of bank ledgers. This allows one to avoid financial intermediaries, who act as middlemen to facilitate money transfers from one bank to another.

·        Easy Transactions

Crypto transactions via Cremello may be completed quickly, at a minimal cost, and in a more confidential manner than other proceedings. Anyone may dispatch and collect Bitcoins when availing a simple mobile application, device pochette, or exchange wallet.

Some cryptocurrencies, such as Bitcoin, Litecoin, and Ethereum, could be picked up with cash at a Bitcoin ATM. It is not necessarily vital to have a bank account in order to utilisecryptocurrency. Someone may use capital to purchase Bitcoin at an ATM and then transmit the currency to their phone. One of the most significant advantages of cryptocurrencies may be for those who do not have access to the regular banking system.

Cremello allows you to make the most suitable and easiest transactions globally with the instant withdrawal.

·        Fees Are Kept Low And Settlement Times Are Kept Short

While some people just wish to invest in Bitcoin for the sake of capital growth, others may profit from the opportunity to utilisecryptocurrency as a mean of exchange. Transactions in Bitcoin and Ether might range from pennies to many dollars or more. Other cryptocurrencies, such as Litecoin and XRP, may be transmitted for cents or less. Most crypto payments using Cremello complete in minutes or seconds. Bank wire transfers can be much more expensive and often require three to five working days to clear.

Cremello enables one to make the fastest transactions over the globe which is one of the most attractive traits of this mining firm.

The Benefits of the Services of Cremello

1.     Instant Withdrawals

You will receive your money immediately after requesting it! Cremello does not demand a percentage. The biggest advantage of this type of financing with Cremello at the moment is Bitcoin debit cards. They let you to spend your crypto balance as you would any other money to make ordinary transactions or withdrawal of this cash rather than storing it as an endowment. Cremello enables you to deposit and withdraw your currency as fast as feasible without supporting any percentage which is one of the most major benefits of it.  

Because of the existing transaction costs, cryptocurrency transaction fees are cheaper when compared to other traditional currencies. And when it comes to Cremello, the withdrawal get instant with no percentage required. The primary characteristics of cryptocurrencies, decentralized and unregulated, contributed for its cheap transaction cost.

There have been several challenges with the existing payment method used by credit and payment cards. The interest paid to customers who fall behind on their payments is far too high, and it may plunge a user into economic disaster. That has never been the case with Crypto via Cremello, where trade occurs only when end-to-end users agree and only then is money remitted.

2.     Blockchain Ecosystem

By using Cremello, miner is computed with the blockchain network to get miming with a high profit. Cremello is a blockchain system made up of users, programmers, miners, node maintainers, and the interactions that assure the distributed ledgers' operation. According to several cryptocurrency systems, mining works by verifying transactions by connecting to previously approved blocks. Every transaction will be recorded in the blockchain technology's unit. Each brick and the block before it are given a unique ID. This is referred to as the decentralized consensus protocol. Protocol is a protocol for confirming and alerting others about a transaction. Users or miners must perform work in order to validate or prove that they'll be the true identities.

Miners will have to solve the riddle hidden in the transaction, which contains the previous block's hash, the current block's transaction herb, and the address that would be awarded if the problem is completed. This is the fundamental mining process. This resulted in the formation of a block chain, which served as a record of the transaction. This blockchain technology will prohibit fraudsters from doubling their currency spend by impeding with the recorded transactions.

3.     Unlimited Referral Bonus

Promote Cremello and gain an infinite amount of referral income from each referral link. The best quality of Cremello is the offers it provides to its users. All the packages including no maintenance fees is one of the most engaging qualities of this platform. You can visit the Cremello website today, refer your friends and get unlimited referral bonus.

4.     SSL Security

DDoS prevention and SSL encryption are used to safeguard and defend the system.

Moreover Cremello'sblockchain system is regarded as one of the greatest platforms and most complex technologies since the invention of the internet. In terms of security and secrecy, it is effective for online transactions. And this firm, in addition to facilitating the usage of cryptocurrencies, safeguards sensitive information and eliminates the need for intermediaries from any organizations.

Despite allegations that Bitcoin has been shown to disclose 40% of a user's identify. This report was validated after people followed Bitcoin's instruction. Based on the properties of the cryptocurrencies that safeguard the user's profile by decentralizing the system, the problem of identifying privacy is crucial. Cremello offers the best security system by the use of DDoS and SSL encryption.

One of the hazards of holding digital currency is the possibility of duplicate transactions, which implies that someone might issue two transactions in simultaneously by handing the very same coin to two distinct receivers. The bank operating system can detect such unusual activity in the event of centralized and online transactions. Blockchain technology being offered by Cremello  is extremely secure. Fraudsters will be unable to perpetrate such a crime since it is impossible to update or validate many ledgers at the very same time.

This company's algorithm is more secure and superior to utilizing credit cards. Despite the fact that it is currently understudied, Cremello boasts considerably narrowed processing fees and enables one to make safe transactions.

5.     Join To Affiliate Program

Cremello's affiliate programme is an excellent method to increase your earnings. It is easier to unite with it. The recommended firm is so very much easy to join for everyone. One needs no banks, no permissions or permits from any other authority to join this platform.  Cremello has established itself as one of the leading cloud mining platforms, with years of expertise in supplying high-quality cryptocurrency mining equipment. Users may utilise the platform for mining Bitcoin, Litecoin, Ethereum, and other cryptocurrencies. It has a full staff of engineers, developers, and specialists to ensure everything runs well and to give investors with the greatest mining pool for long-term earnings.

6.     24/7 Friendly Support

This mining firm offers helpful service 24 by 7. The crew is constantly in charge of taking care of things. Cremello is open for business all time. Trade in crypto via Cremello can only be prevented or disturbed by an outage of power, internet or centralized exchange. But simultaneously, the recommended platform offers all-time services without any interuptions. The team of this firm and offices are making sure the 24/7 availability of their best services.

Cremello is Highly Recommended

Cryptocurrencies will be around for a long time.Thanks to new evolving technology that aids humanity making the future trade very bright. Needless to mention, consumers and industry participants can assess if Bitcoin can help or hurt them based on their goals and viewpoints for possessing it. This research examined the cryptocurrency potential provided by Cremello in terms of non-theoretical security, low transaction costs, and strong share return. The fundamental advantage of Cremello is blockchain-based cryptocurrencies that they lack a centralized power, payment provider, or firm owner.

What distinguishes cremello is that it provides cloud mining services without the maintenance costs that are customary on other platforms. It also provides a larger return on investment than other platforms and insures the cash of investors. Cremello offers an active customer care system that handles difficulties via live chat and email, and a FAQ section answers commonly asked concerns. Cremello's registration process is likewise rapid, with registration taking only a few minutes.

By using this firm, you can enjoy the best mining services with the lowest funds. If you want to experience quick and economical cloud mining, you may take advantage of Cremello's current specials. When purchasing any cloud mining package, newly registered customers will receive a free $30 voucher.

So, what are you waiting for? Join Cremello now and fulfill your dreams.

How to Join Cremello?

So join Cremello now by merely following these simple steps:

·         Use email to register an account.

·         Choose a mining plan that suits you.

·         Pay the cost of the mining plan.

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   Finally, Cremello has launched a new campaign that rewards all users with a $10 sign-up bonus, as well as a referral program that rewards you for inviting friends to the platform. At the entry level, miners receive 3% of the amount of computing power you recommend to buy (money invested in Cremello). This can be a great way to start making passive money! To learn more about Cremello and buying cloud mining plans, visit our website: Cremello.rest

[web-ai]

What is NFT?

Non-fungible tokens, or NFTs, are pieces of digital content linked to the blockchain, the digital database underpinning cryptocurrencies such as bitcoin and ethereum. Unlike NFTs, those assets are fungible, meaning they can be replaced or exchanged with another identical one of the same value, much like a dollar bill.

NFT platforms are «shopping centers» where you can sell, buy or exchange NFT. They are created especially for NFT, all kinds of digital works are stored, displayed, sold, and created here.

To start your journey through NFT you will need:

A purse compatible with the blockchain containing the selected NFT.

Supported coins in the above-mentioned purse for the purchase, listing, or minting of NFT.

TOP 4 PLATFORMS FOR BUYING AND SELLING COLLECTIONS:

#1 - OpenSea

OpenSea is one of the largest and most popular NFT marketplaces today. The variety of offers overshadows many of the other venues. There are thousands of NFT paintings, from contemporary artists to game maps. In addition, the platform has several auction functions and is fully integrated into the crypto infrastructure.

Terms and Fees. Users of OpenSea must pay a commission in order to put their work on the stock exchange as well as to buy and sell it. This Fee depends on online demand, time of day, and many other factors, and can sometimes even exceed the price of the artwork created, most often it is between $70 and $100.

#2 - Solanart

Solanart - It is the first full-fledged NFT trading platform on Solana - blockchain competing with Ethereum. The site is a carefully selected set of NFT collections, the main advantage being a minuscule commission on all transactions. You can connect through a Phantom or Solflare purse, which will suit those with small budgets.

Terms and Commissions. The trading site takes a commission in the amount of 3% of the price of the creator. There is also a 0.02% listing fee, which is a very small sum in comparison to Opensea.

#3 - AtomicHub

ATOMICHUB is a trading platform that runs on a WAX blockchain. Available marketplace with many inexpensive drops, interesting collaborations, and NFT games.

The low threshold of entry to most games, the plethora of free NFT, and the minimal commission and ease of use make WAX excellent options for "play-to-earn" tactics with little capital.

#4 - NBA Top Shot

NBATopShot - NFT platform with the support of the famous American basketball league. The concept of the site is to issue and sell digital sports collection cards. Instead of static images, the NBA Top Shot card contains videos from past games. Each clip, in this case, is a unique token.

Commission. NBA Top Shot charges 5% for each sale.

© Prepared by the team Web-Ai Studio.

[trainsinanime]

I just read a paper that someone linked to on a forum because of its “massive philosophical implications”, and it made me so mad that I have to share this piece of crypto-bro junk with you. 

The paper is “Emergent Bioanalogous Properties of Blockchain-based Distributed Systems”, and if you want to stop reading it just because of the word Blockchain, that’s valid and obviously the best possible choice here.

Me, I wasn’t smart enough for that, so I read that paper, in its entirety, and I made way too many notes about what's wrong with it. I genuinely hope this paper was intended as a joke, because it certainly is one. It's meaningless buzzword bingo. Literally every line is bullshit, an invalid comparison, deliberately misleading, or an observation that does not actually mean anything. Its a bad paper, and it made me mad that this got published. And they got funding from a NASA grant for this shit! Fuck everything about this.

Just look at the structure of this "research". Note how it doesn't define any questions, any experiments and so on. The methodology is just "we used wget to download some stuff and then perl for something", without any information about what they were actually trying to do or why. The results isn't the results of any meaningful research, it's just a blog post written to sound scientific. Bonus negative points for a "Data Availability" section that just says "it's on the blockchain", without describing which blockchain or when they collected it. Idiots.

Okay, so I'm not going to completely in-depth because I don't have the time. Instead, let me explain the high-level flaws of this, because really they're the same flaws all throughout.

The first is that this paper is constantly trying to create false equivalencies, and tries its best to mislead you about them. At the end of the day, their main argument is that DNA stores data, and so does a blockchain (they make some distinction between data and instructions, but that doesn't mean anything; instructions can create data on the fly, after all). That is true. They also say DNA gets replicated, and so does Blockchain. Again, they're not wrong there. But they keep misleading you about most details of this.

A key thing to remember is that a blockchain is really just a database. It is a database that is copied to a lot of computers, and these computers talk to each other to keep the database in a consistent state between them, but still, just a database. The rules that the computers follow mean (among many other things) that you can only add new data at the end (think of it as adding new posts to a forum, but no way to edit old ones). Still, just a database. And the rules also mean that anyone adding new posts must spend a lot of resources, typically in the form of electricity, to do so. Again, though, just a database.

Now, in this paper, they're constantly comparing the entirety of a blockchain (the whole database) to the DNA of one living being. That is a choice with massive implications for everything they're saying. They could probably justify it, but they don't, they're just glossing over it and hoping you don't notice. That means a lot of their arguments about mutability are pointless and misleading. Yes, my DNA is different from that of either of my parents, but the fact that I have different DNA does not mean that I managed to magically change theirs.

The other real problem in their blog post paper, that they keep ignoring until almost the end, is that a blockchain is not autonomous. They have all these analogies and keep ignoring that it always takes humans. Block chains fork when humans decide to. New nodes join a blockchain network when humans buy a new computer, install the blockchain software and start it up. New entries get added to a blockchain when humans have new stuff they want to store there. You can store code on a blockchain, but that code has to be written by a human, and when the code has to change, a human has to write a new version of the code and put it on there. A blockchain is just as capable of replication as a shopping list on which someone has written the words "please copy me".

Their solution, presented at the very end, is… what if we just use lots of AI and autonomous cars and satellites to replace all the humans? Well, maybe that is an alive system, but the blockchain isn't really involved. They're really just going "there is a massive fundamental problem with our whole thesis here. Please ignore it." As an analogy: If you put Data from Star Trek TNG in front of a chess board, then the chess board hasn't become an alive artificial intelligence system; Data is. And, as much as it pains me to say, as of right now, Data is not real.

This paper is a waste of everyone's time; the worst case of crypto-bros trying to convince themselves that their planet-destroying technology is actually totally important, yo. Do not let them get away with this.

[jadonsancho09]

Digital Bureaucracy

Digital Bureaucracy with Blockchain infrastructure

The first decentralized Bureaucracy system that simplifies and standardizes data with blockchain technology.

What is Digital Bureaucracy?

It is the Artificial Intelligence (AI) supported Blockchain Project that aims to end the difficult and long-lasting paperwork and bureaucracy transactions between countries, institutions, and individuals. It is a document management and document transfer solution specially developed for a decentralized blockchain, aimed at making your life easier with the combination of artificial intelligence and blockchain technologies.

Documents and Bureaucracy transactions in documents, invoices, land registry, vehicles and many more are distributed in the Blockchain database and then your documents are distributed decentralized in a comparable, irrevocable way on the blockchain network. A system where the submitted information can only be seen by users who have Hash key. This confirms, or can be verified, by comparing the

HOW WILL DIGITIAL BUREAUCRACY MAKE YOUR LIFE EASYER?

Digital Bureaucracy is a Project that will enable you to perform your time consuming and tiring daily bureaucratic transactions between individuals, institutions and countries using the Blockchain network, quickly and cost effectively.

https://youtu.be/SSo_EIwHSd4

WHAT IS DBC

DBC is the first Decentralized Bureaucracy System that simplifies and standardizes data using blockchain technology. We facilitate bureaucracy across Individuals, Institutions, and Countries on the Blockchain Network.

Decentralised Platform.

It is fully decentralised and is backed by Blockchain.

Managing Bureaucracy with One Click.

Our project will allow you to handle bureaucratic procedures and tedious paperwork that makes your life difficult, efficiently, and securely.

Artificial Intelligence

We are a Bureaucracy Transfer network that uses the power of Artificial Intelligence and connects the World.

How Does DBC Work

Digital Bureaucracy is making our lives difficult. It is instated everywhere and is carried out by the Municipality. Official documents, Invoices, Home and Vehicle purchase and sale, School and Education, Health and Hospital, Finance and Business, Customs procedures, Passport and Identity procedures are just some of the areas of example.

The DBC Project has made it possible to manage the tedious document transactions that causes complexity in our lives. For a moment, imagine that paper is not used within the World. With DBC, you will be able to send and receive your invoices, official documents, insurance and hospital documentation, customs and tax transactions, home, and car buying/ transactions, international, official, or personal information/documents using a single click encrypted over the Blockchain Network.

We combine the structure of Artificial Intelligence and Blockchain, allowing you to trade securely and quickly.

Bureaucratic procedures will rely on the help of Artificial Intelligence completely. It is a great project that will ensure swift and reliable transfers over the blockchain network.

Dependable and rapid payments. You will be able to send even the highest payments at the lowest cost.

Safe storage of school and hospital transactions on the Blockchain network. It enables making an action or obtaining information simpler with just a click.

To facilitate the blockchain network in our daily lives, DBC started to develop its own Blockchain infrastructure to provide convenience in the listed areas below:

Property

A smoother, faster, and cheaper transaction of fees on the Blockchain network combined with Artificial Intelligence that will eliminate the long and tiring dealings that you have experienced in the purchase and sale of houses, land and immovable properties.

Buying and selling vehicles, obtaining new license plates, vehicle insurance and detailed vehicle history is available when using DBC to carry out such transactions.

An incredible feature of the blockchain is that flagged data is immutable. For example: Information sent to the Blockchain network is immutable; It cannot be changed in any way. Therefore, counterfeiting documents is automatically protected.

Councils

Imagine the ability of transactions in municipalities entirely over Blockchain Network. It would enable the actioning of all your paperwork promptly and inexpensively. For example: When a new child is born, it is added as a block to a blockchain chain in that municipality. The individual can then perform all their operations over this block during their life.

All municipal transactions that you can think of such as Identity, Address change, Driving Licenses and more. The combination of Artificial Intelligence and the Blockchain Network will permit you to do all the paperwork that makes your life complicated, all the while being quicker and cheaper for you.

Removes all bureaucratic paperwork allowing for speed, lower costs, and security via Blockchain.

Identify

Transactions such as Passport applications, Passport Controls and Verification. You can make these proceedings at a faster and cheaper rate on the Blockchain and with the support of Artificial Intelligence.

Authentication, Pedigree Checks, Identity, and any other form of official documents that identify you will become faster, cheaper, and reliable on the blockchain network ultimately allowing for easier overall transactions.

Visa applications, delays in family reunification visas and complex document processes will now be quick, safeguarded, and cost effective.

Schools & Education

Student Information tracking system. Fast communications between teacher, trainer and parents of students. An infrastructure that enables detailed bureaucracy procedures to proceed faster.

Storage and tracking of Student Notes and Student Diplomas on the Blockchain network. Recording of school diplomas in the system as unchangeable and tracking it.

Distribution of religious books and Books in an immutable manner over the blockchain network. Transactions such as making comparisons or purchasing and reselling the work will be available afterwards.

Health & Hospitals

Patient tracking system in Hospitals and Health Institutions. Monitoring of Tests and Other health services within hospitals on the blockchain.

Communication and bureaucracy transactions between hospitals and pharmacies. The rapid processing of these transactions on the Blockchain and the progress of the workload will be entirely by Artificial Intelligence.

Every individual will have their own Private Key. All transactions are processed on this key. Eventually, control and accuracy controls can be provided.

Taxes

It ensures that all bureaucracy and paperwork transactions of places such as institutions, individuals, and workplaces where tax transactions take place intensely, are processed faster and with reasonable costs over the blockchain network.

Tax tracking and tracking of sales and purchases at workplaces through the blockchain network.

Online Sales and International Tax. Providing and controlling tax transactions between countries through the Blockchain network. All complex tax systems become completely easy.

Customs

Follow-up of import and export transactions. Unchangeable tracking of import and export transactions made in all customs systems on the blockchain network.

Transactions such as Passenger passes, Passport and Identity verification. There will be ease of passenger transit through the blockchain network. The required paperwork and bureaucracy procedures are fast and cost-effective.

There will be control of vehicle crossings at customs. In this way, we aim to finalize the illegal vehicle or passenger crossings entirely.

Finance & Business

Contracts signed by international companies. Commercial exchangeable contracts, or agreements or contracts concluded between countries on a permanent basis.

Tenders organized by countries or institutions, fulfilment, and follow-up of these tenders on time and without any problems. Simultaneously, the payment of these auction fees will be with the DBC Coin.

The Solution

The DBC token has been created to be used in the Digital Bureaucracy Infrastructure and to become the currency of the future. DBC token is the Crypto Currency that will be used in your bureaucratic transactions around the world. What will DBC token do?

Relational Blockchain

Faster and cheaper cost of paperwork and bureaucracy with relational blockchain.

Fraud Reduction

DBC token aims to completely terminate fraud and unlawful business.

Next Generation Wallet

You can safely store DBC Tokens in Next Generation Wallets.

Recovery Nodes

Our Cryptocurrencies are 100% Safe in Smart Wallets with recovery facility.

Full Transparency

Our project and DBC Token are completely open source.

Very Low Fees

With very low transaction fees, DBC Token will become your favorite currency.

Decentralized Network

DBC Token is a Decentralized and User-oriented Crypto Currency.

Crypto Payment

You will be able to pay with DBC Coin in every area of your life.

Token Sale

The DBC token was created using Binance Smart Chain (BSC) BEP20 Smart Contrac. The token’s third party service wallets, exchanges, etc. It provides compatibility with and easy-to-use integration.

Start: 2021-04-30

Total Supply: 200.000.000 DBC

Number of tokens for sale: 25.000.000 DBC

Tokens exchange rate: 1 DBC = 0.010 USD

Acceptable currencies: ETH, BNB, BTC, USDT

Minimal transaction amount: 1000 DBC / 10 USD

DBC Token Distribution

Binance Smart Chain Contract: https://bscscan.com/token/0xaede8306171b2aac22cf4f39a63aae09e99a488c

RoadMap

2019 - Q1

Release and Distribution - Providing Bureaucracy between Artificial Intelligence and Blockchain Supported Countries, Institutions and Persons to eliminate delays and uncertain transactions in today’s Bureaucracy system. The beginning of the infrastructure was provided and aims to facilitate these difficult document and file transactions by combining Artificial Intelligence and the Blockchain network.

2020 - Q1

Our team started building the foundations of the DBCChain software for Documents and File Transfers.

2021 - Q1

DBC Token Binance Smart Chain (BSC) - created and published with the BEP20 Smart Contract.

2021 - Q2

In order to support DBC Token sales, Airdrop and ICO Program, the user panel has been integrated into the system and activated.

2021 - Q3

To purchase DBC Token, Offline Crypto Money payment methods have been added to the user panel.

2021 - Q4

DBC Token has been added to Pancakeswap.finance Liquidity pool and Exchange sections.

2021 - Q5

The Digital Bureaucracy (DBC) Whitepaper was completed and published.

2021- Q6

DBC Token Airdrop and ICO Program was launched. In this context, 25.000.000 DBC Token has been opened for sale with ICO pricing.

2021- Q7

DBC Chain will perform P2P, Miner, Genesis tests

2022 -Q1

- ICO sale Completed and Token Distribution.

-Airdrop distribution completed and Token Distribution

2022 - Q2

- CoinMarketCap list

- Coingecko list

2022 - Q3

DBC Wallet Android and iOS application publishing.

2022 - Q3

Top 10 CMC Exchange listing (KuCoin/Bithumb exchange)

- Roadmap v2.0 release

- Future products development

our team

The Digital Bureaucracy team aims to eliminate the difficulties in your life by bringing together Artificial Intelligence and Blockchain. Our Project is created in an open-sourced way completely. You can contribute to the development of our project by joining our team.

Akif Dogan: CEO/Founder Blockchain Development

Sidar Ozden: Head of Partnerships & Business Development

Silan Dogan: Head of Legal & Compliance

Ahmet Deryahanoglu: Backend Software Engineer

Mesut Acil: Head of Design

Muhammad Aliyev: Marketing Director

Berna Asel: Social Media Lead

For more information please follow the link below:

Website : https://www.digitalbureaucracy.org/

Whitepaper : https://www.digitalbureaucracy.org/Whitepaper-EN.pdf

Medium : https://digitalbureaucracy.medium.com/

Telegram : https://t.me/digitalbureaucracy

Twitter : https://twitter.com/DigiBureaucracy

Reddit : https://www.reddit.com/user/Digitalbureaucracy/

Author:

Bitcointalk username: Jadon Sancho

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2954208

Telegram: @Jadonsancho09

BEP-20 Address: 0xb05fc25bCfa612Eaef1Fa17cEBF05A675a40D5e1

[thestudy24x7]

What is Blockchain in Simple Words?

Blockchain, sometimes referred to as Distributed Ledger Technology (DLT), makes the history of any digital asset immutable and transparent by using a decentralized network and cryptographic hash.

A simple comparison of how blockchain technology works and how Google Docs works can be used. When you create a Google document and share it with people, it is only shared and not copied or transmitted. 

This creates a decentralized distribution chain that allows everyone to access the original document at the same time. No one is stuck waiting for other edits, as all changes in the document are entered immediately, making changes completely.

One important weakness to note is that, unlike Google Docs, the original content and blockchain data cannot be changed once it is written, which adds to its level of security. Of course, the blockchain is more complex than a Google Doc, but the comparison is important because it shows a very important understanding of the technology: 

BLOCKCHAIN OUT: BLOCKCHAIN BOOK 

Blockchain is a digital ledger or database where the encrypted value of digital asset data is stored and linked, creating a single source of truth for that data.

Digital assets are distributed, not copied or transmitted.

Digital assets are decentralized, allowing for real-time access, transparency and governance across multiple platforms.

Blockchain's record is transparent - all changes made are recorded, maintaining integrity and trust. 

Blockchain records are public and use existing security measures, making it the technology of choice for almost any company.

Why is blockchain important?

Blockchain is a promising and transformative technology because it can reduce security risks, eliminate fraud and bring transparency in a scalable way. Popularized by its association with cryptocurrency and NFT, blockchain technology has evolved into a management solution for all types of global companies.

Today, you can find blockchain technology delivering insights to food supply chains, storing health data, innovation in gaming, and changing the way we deal with data and power at scale.

How does blockchain work?

For proof-of-work blockchains, this technology has three important concepts: blocks, nodes, and miners.

[ragunath12]

What you need to know about NFT marketplaces

NFT marketplaces are platforms where you can create and store tokens, as well as buy them and sell them for cryptocurrency. You can’t pay with regular money.

What is a cryptocurrencyFor transactions, you will need a crypto wallet — an application that allows you to use cryptocurrency. The most common is MetaMask, which is supported by almost all marketplaces. If you don’t already have one, there are plenty of video tutorials on the internet on how to create and manage crypto wallets.

Marketplaces work in the format of auctions. This means that the seller puts up a token for sale, and potential buyers leave offers for how much they are ready to buy it for. The one who offers the highest price wins. On most marketplaces, there is no way to promote your works. This means that if you just put up an NFT marketplace development for sale, then there is no guarantee that someone will buy it. Novice sellers should take this into account and take care of advertising on their own. An option is to contact NFT consultants who will help develop a promotion strategy.

It may seem to a beginner that all marketplaces are about the same, but in fact they differ in audience, blockchain, and additional options. Let’s look at the differences in more detail.

Audience. There are marketplaces for different audiences.

For example, the Axie Infinity and CryptoKitties sites are aimed at gamers — you should go there for game items and avatars with game characters. Others are designed for sports fans — for example, on the NBA NFT site, you can become the owner of a video clip from the match. But the Foundation, Sotheby’s and Christie’s sites are suitable for artists and collectors — they create and put up for sale digital works of art or look for something unique in the collection.

There are also universal platforms — OpenSea, LooksRare or Rarible. Here you can find digital paintings by famous artists, videos of singing schoolgirls or gifs of unicorns.

“Payment for gas”. Any cryptocurrency exists in the blockchain — a database distributed across different computers. Everyone who makes a transaction in cryptocurrencies must “pay for gas” — to reimburse the cost of energy that is needed to produce this cryptocurrency. The fee goes to miners — those who keep the blockchain in working condition. “Pay for gas” depends on the workload of the blockchain. Most NFT marketplaces operate on the Ethereum blockchain. It is the most popular, and therefore the “gas” is the most expensive here.

You will have to “pay for gas” every time you transfer cryptocurrency to someone or issue an NFT. The problem is that the amount of “payment for gas” is not fixed. Unlike the bank commission, the commission changes several times during the day — you just see the final amount in the crypto wallet. If the “gas fee” seems too high, you can refuse to pay and enter the site at another time.

The buyer of NFT “gas” costs a penny — it does not take much energy to complete a transaction.

But the creation of an NFT marketplace platform development is a very energy-intensive process, so it is especially important for NFT sellers to navigate the prices of “gas” and at least a little understand their daily fluctuations. On Ethereum, you will have to pay at least $60 for this, and more than $100 on busy days. For comparison, in the less busy Tezos blockchain, the fee for creating an NFT is no more than $0.5, but the chances of a successful sale are much less here. The attention of collectors is more riveted to the sites on Ethereum.

Marketplace commission. In addition to the “payment for gas”, there is also a commission of the marketplaces themselves. It can be paid by the seller, buyers, or both, depending on the conditions of the site. Unlike the “gas fee”, this amount is fixed in the marketplace rules and changes infrequently.

Additional options. This can be a low commission, free creation and promotion of web3 marketplace development , the ability to upload several NFT objects to the platform at once, paying a commission as for one, or receiving bonuses for activity on the site.

Experts rank marketplaces not only by the number of users, but also by the volume of transactions, the number of well-known artists exhibiting their work, the convenience of the interface, and the type of content exhibited — photos, digital art, items from computer games.

[moneyhelpr]

Are Cryptocurrencies the Future of Banking in the US?

Cryptocurrency undoubtedly became one of the most antiquated revolutionary technologies with the debut of cryptocurrencies. At first,  Cryptocurrencies needed usage for encryption, but now its applications are much broader. It began as a database for keeping track of various trade blocks and specific other market data. Now, it is available as the inspiration behind several other innovative businesses and technologies. Numerous new improvements and adjustments have been available to cryptocurrency over the years. Its openness, for instance, comes in use to keep security at the highest levels even when 256-bit encryption methods fail. Similarly, since the blockchain's Ledger is immutable, it needs comparison with a data repository with greater freedom than traditional databases. For various reasons, blockchain comes in usage in various sectors, from handling cloud storage to integrating IoT devices.

Reasons for the Popularity of Bitcoin

Let us take a quick look at the factors that have contributed to blockchain's recent surge in fame. The technology industry has changed due to blockchain, find more information on the same in part below. There is no singular governing body in charge of cryptocurrencies. Blockchain adoption makes it possible to end exclusivity in any marketplace or sector and create equal opportunities for every company.

It is also among the safest options. First off, no one can ever alter the information that the blockchain ledger has. Aside from all this, the Ledger keeps growing as more new data comes up. This is because users with comprehensive insight into how the blockchain works. Due to cryptocurrencies, businesses in the finance and banking industries, investment industries, and numerous other sectors may now store electronic medical records safely and worry-free. Additionally, it has allowed these institutions to simplify their processes and offer quicker customer service. Another factor contributing to blockchain's popularity is its users' privacy. Consumers do not need to divulge private information to access the Ledger or set up a cryptocurrency account. As a result, a user needs to look at the user profiles. Then the person can tell who he is attempting to deal with. Integrating a specific category of blockchain types based on business processes and infrastructure is much simpler. It is optional to alter current procedures to accommodate blockchain technology.

Cryptocurrencies in the Future

Upon reaching record highs in 2021, the price of cryptocurrencies has yet to find a clear bottom. Additionally, the appeal of cryptocurrency's promise to recreate money has worn out among a tiny segment of the population. Advocates for the new technology must completely revamp their marketing strategies to reach a more extensive, diverse user base. Most people choose a technological innovation if it makes their lives easier, faster, and safer. Along with its liquidity, scams, and failures of untried intermediaries are now crypto's current drawback. Another reason is that many of the issues it purports to address have already found solutions. We can already create internet savings accounts and transmit digital money. And we can do so with the same money we use to conduct monetary purchases and pay our taxes.

Issue with Trustworthiness 

People could join the blockchain, a secure, decentralized network, instead of depending on the bank executives who repurchased their homes while giving themselves sizable bonuses. The cryptocurrency proponents predicted that it would eventually compete with the current controlled financial system. After nearly 15 years, much of the idealistic allure of this extra funding has faded. It comes out that the proposed new financial sector does, for the majority of users, necessitate putting your confidence in a third party, possibly a wallet supplier, token exchange, or decentralized finance (DeFi) lender. And a majority of them have proven to be con artists or hacker targets. Several ardent cryptocurrency supporters today claim that governmental regulation is necessary for the market to recover confidence and attract the developed financial organizations that were once crypto's adversaries.

Creating Confidence

Since the financial sector is rife with words like confidence, protection, custodian, and guarantee, we must believe in money. Nevertheless, a catastrophic breach of trust occasionally occurs that leads to an increase in bankruptcies, the loss of investors, and the loss of jobs and homes for millions of people. The Great Depression is one instance where people learned their trust in the banks they had put their money in was not as secure as they had hoped. To help rebuild confidence, the government's authority and a revised regulatory framework put behind the banks. In the US, this meant establishing the Security and Exchange Commission, the Federal Reserve System, and a new housing jurisdiction to assist an increase in housing loans.

Then, the financial catastrophe of 2008 revealed how insufficient those safety measures were. The collapse of house values and its effect on profitability markets and the overall economy caught big financial institutions and their regulatory authorities off guard. Suddenly, citizens lost faith in the government or the institutions. On October 31, 2008, a few days after Lehman Brothers filed for bankruptcy, the authorities and Federal Reserve began saving institutions. This white paper would later become the foundation of Bitcoin. The study concluded that confidence in financial organizations was overly reliant on digital trade. Instead of relying on human faith, an electronic payment system has come by using cryptographic evidence.

What is a cryptocurrency for if it does not offer a more reliable option to conventional finance? So far, most of its users are hesitant to use their country's money due to political or fiscal risk or since they wish to avoid law enforcement. Otherwise, speculation—betting on the worth of the currencies or digital assets like NFTs acquired with the currencies—has been its primary use.

Conclusion

Economic problems have overshadowed recent conversations and expected election outcomes, with the US midterm elections in 2022 still up in the air. In light of this, a national poll revealed that bitcoin is a new economic issue that voters are becoming more interested in.

The survey's findings, which Grayscale released in collaboration with The Harris Poll, demonstrate that cryptocurrency offers a unique chance for voters to unite behind federal legislation. It would benefit all American shareholders, from those who remain unbanked and use cryptocurrency to access the world's financial sector to those who want to include cryptocurrency in their retirement funds.