#bitcoin explained for dummies

[assilstore]

[lighthousenewsnetwork]

CALABASAS, CA - In a shocking turn of events that has left the Kardashian-Jenner clan reeling, Mason Disick, the 15-year-old son of Kourtney Kardashian and Scott Disick, is reportedly facing unprecedented demands from his alleged one-year-old daughter, Piper. The infant, demonstrating an uncanny grasp of both modern technology and financial systems, is insisting that all child support payments be made exclusively in Bitcoin. Sources close to the family reveal that young Piper, who apparently inherited the Kardashian business acumen along with her father's perfectly coiffed hair, issued her demands via a series of eloquent gurgles and strategically timed diaper explosions. "It's clear she means business," said one anonymous nanny, who wished to remain unnamed for fear of being paid in dogecoin. "I've never seen a baby so adamant about cryptocurrency. She won't even accept her bottle unless it's shaped like a Bitcoin symbol." The news has sent shockwaves through the Kardashian empire, with matriarch Kris Jenner scrambling to launch a new venture called "Kardashian Krypto" in response. "We've always prided ourselves on staying ahead of the curve," Jenner stated in a hastily organized press conference. "If my great-granddaughter wants Bitcoin, by God, we'll mine it ourselves if we have to." Unconfirmed reports suggest that Jenner has already converted three of the family's walk-in closets into a state-of-the-art cryptocurrency mining operation. Meanwhile, Kourtney Kardashian, thrust unexpectedly into the role of grandmother at the tender age of 45, has been spotted furiously googling "What is blockchain?" and "How to explain Bitcoin to a one-year-old." Friends say she's struggling to come to terms with both her new status and the complexities of digital currency. "Kourtney's always been more into organic, all-natural things," said one family friend. "The idea of her granddaughter demanding virtual money is really throwing her for a loop." Not to be outdone, Scott Disick has seized the opportunity to launch his latest entrepreneurial venture: "Teen Dad Crypto Academy." The online course promises to teach young fathers the essentials of balancing diaper changes with digital wallets. "Being a dad is tough, but being a dad who has to pay child support in Bitcoin? That's a whole new level," Disick explained in a promotional video, while somehow managing to maintain his signature smirk. As for Mason, the young father is reportedly coping with his new responsibilities by starting a TikTok series titled "Diaper Changing for Dummies." The videos, which feature Mason attempting to change a diaper while simultaneously explaining cryptocurrency mining, have gone viral, amassing millions of views and inadvertently creating a new genre: "CryptoParent Influencers." The situation has even caught the attention of the Calabasas legal system, which is now overwhelmed with Bitcoin-related cases. Local lawmakers are considering new legislation dubbed "The Kardashian Clause," which would require all family courts to have at least one judge well-versed in both family law and cryptocurrency trading. In an unexpected twist, young Piper seems to have political aspirations as well. Despite being unable to walk or form complete sentences, she has announced her candidacy for mayor of Calabasas on a "Free Bitcoin for All" platform. Her campaign slogan, "Goo goo ga ga for crypto," is already appearing on billboards throughout the city. However, just as the situation reached a fever pitch, a startling revelation came to light. In a plot twist worthy of a Kardashian reality show season finale, it was discovered that Piper is actually an AI-generated deepfake, created by a group of pranksters with too much time and computing power on their hands. Upon learning the truth, Mason reportedly breathed a sigh of relief before immediately developing an intense interest in computer programming. "If I can create a fake baby that convincing," he was overheard saying, "imagine what I could do with a whole fake family."

As the dust settles on this latest Kardashian family drama, one thing remains clear: in the world of reality TV royalty, it's all fun and games until someone demands child support in Bitcoin. Fans are advised to stay tuned for more updates and to invest responsibly in both family planning and cryptocurrencies. Remember, folks: in the Kardashian universe, truth is often stranger than fiction, and fiction is usually just next season's plotline. https://lighthousenewsnetwork.com/mason-disicks-alleged-baby-piper-demands-bitcoin/?feed_id=15362&_unique_id=67c0b9fabdb26

[bestaudiobooksreviews]

Don't Get Rekt: Demystifying Crypto with "Cryptocurrency Investing For Dummies"

The whole crypto craze got you scratching your head faster than a confused sloth? Fear not, fellow newbie! Kiana Danial's "Cryptocurrency Investing For Dummies" cuts through the jargon and hype, offering a beginner-friendly guide to understanding (and potentially profiting from) this digital gold rush. Buckle up, because we're about to dive into the wild world of crypto, but without the risk of getting rekt (translation: losing all your money).

From Buzzwords to Building Blocks: Crypto 101 (No Diploma Required)

Danial knows you're not a blockchain brainiac (yet!), so she starts with the basics. The book breaks down the whole blockchain thing – that fancy distributed ledger system that makes cryptocurrencies like Bitcoin tick. It explains the difference between coins and tokens (spoiler alert: they're not the same!), dives into the various mining methods keeping the crypto world running, and throws around all the cool lingo like a crypto pro (but actually defines it so you don't feel lost).

This focus on the fundamentals is key. Imagine stumbling upon "proof-of-work" while researching crypto. "Cryptocurrency Investing For Dummies" explains how this consensus mechanism functions, empowering you to understand the tech powering your potential investments. No more blindly following trends – you'll be making informed decisions like a boss.

Beyond Bitcoin: Exploring the Crypto Zoo

Once you've got the crypto basics down, Danial takes you on a tour of the crypto zoo. The book explores the big players in the market, like Bitcoin, Ethereum, Litecoin, and Ripple. Each gets its own spotlight, highlighting its unique features and functionalities. This helps you identify investment opportunities that align with your risk tolerance and financial goals. Think of it as picking your crypto playground – one with swings that won't send you flying (too risky) or a safe sandbox (less reward, but less risk).

However, the book focuses heavily on established currencies. The crypto world moves faster than a hummingbird on Red Bull, with new projects and altcoins popping up all the time. While it's impossible to predict the future of every crypto-critter, a deeper dive into emerging trends could make this book even more awesome.

Investing Strategies and Risk Management: Don't Be a Crypto Chump

Crypto isn't for the faint of heart. Prices can fluctuate wilder than a toddler on a sugar high. Danial acknowledges this risk and emphasizes building a solid investment strategy. The book outlines different approaches, from dollar-cost averaging (investing a fixed amount regularly) to technical analysis (reading charts like a pro), all while encouraging you to research before you throw your hard-earned cash into the crypto abyss.

Risk management is also a big deal. Danial discusses diversifying your portfolio (don't put all your eggs in one crypto basket!), setting stop-loss orders to limit potential losses, and only investing what you can afford to lose. Basically, this book helps you navigate the volatile crypto waters without looking like a clueless tourist.

Security Considerations: Protecting Your Precious Crypto Bling

With all this digital gold flying around, security is a major concern. Danial dedicates a section to keeping your crypto safe. The book outlines choosing secure wallets (like a digital vault for your crypto coins!), using strong passwords and two-factor authentication (think double security guards for your crypto stash), and avoiding those nasty crypto scams (because nobody likes losing their hard-earned cash to a trickster).

However, cybersecurity is an ongoing battle. While the book offers a solid foundation, staying updated on new threats and security protocols is crucial for long-term crypto success. Think of it like keeping your antivirus software up-to-date – essential for protecting your precious crypto bling.

Beyond the Book: Limitations and Considerations

"Cryptocurrency Investing For Dummies" is a great starting point, but there are some limitations to consider. The book was published in 2023, and the crypto world is a living, breathing (well, sort of) thing. New regulations, market trends, and technological advancements can quickly make some information outdated. Think of it like a roadmap – it gets you started, but you gotta stay updated on road closures and detours.

Also, the book focuses on established currencies, which is great for beginners, but might not appeal to those seeking the high-risk, high-reward potential of altcoins. There's a whole world of new crypto projects out there, and the book doesn't delve too deeply into that.

Finally, the book takes a traditional investment approach, focusing on price fluctuations and returns. While that's important, it might not explore the deeper potential of blockchain technology, the revolutionary tech that underpins cryptocurrencies.

Timeless Reviews That Are Evergreen

Unsure if an audiobook or a physical book is right for your next adventure? Reviews can be your compass! Prepare for an in-depth look at exciting articles and reviews. We analyze narrator performance alongside plot summaries, helping you choose the perfect listening experience. For traditionalists, written book reviews offer insightful critiques to guide your selections. Many sites even curate recommendations based on genre and preferences, ensuring you find your next great read, no matter the format. Dive into the world of audiobooks and books with the help of these comprehensive reviews.

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[tanyayaz101]

Hey!

For the past several months, I've been using a simple but effective method to pocket a quick $100-$200 profit a day from Bitcoin and other crypto currencies.

In fact, it takes as little as 10-20 mins a day to do and I've broken it down into 5 simple steps:

1. Switch on your smartphone, tablet, laptop or PC (whichever you prefer)

2. Visit a website and login

3. Look at a real-time, live chart for about 5 mins (this is straight forward)

4. Set a trade (I'll explain how) and leave it to run

5. Collect your profit

Ok, $100-$200 a day won't make you super rich, but it's still $700-$1400 a week if you can spare 10-20 mins a day to do it.

If you're interested in doing this, I've put together a guide where I explain everything. It'll take you just 15 mins to read and then you're good to go.

So grab a coffee (or your drink of choice), go here  https://bit.ly/3Y16Jwn and get the guide immediately and you could get your first profit today.

👉 Get It Here Now: https://bit.ly/3Y16Jwn 

P.S. This Method  is aimed at beginners / 'newbies' - it's written in plain English without all the jargon! Someone once called it 'crypto for dummies' (in a good way). 😀

[coinstash]

To learn more about the other types of cryptocurrencies and their best trading platform to buy and sell, you can visit the Coinstash website. Coinstash is an Australian best crypto trading platform that helps you in buying and selling cryptocurrency in Australia. Bitcoin Explained For Idiots: Find out what type of cryptocurrency is best for you to buy and sell in Australia.

[retrocanvas]

Blockchain for Dummies: What is Blockchain Technology and How Does It Work?

Blockchain is a type of shared database that stores information in blocks that are then cryptographically linked together. Find out more here!

What is a Blockchain? Blockchain is a type of shared database that, unlike traditional databases, stores information in blocks that are then linked together using cryptography. As new data arrives, it is added to a new block. Once the block has been filled with data, it is chained onto the previous block, resulting in the data being chained together chronologically. A blockchain can store…

[readfull]

Blockchain Technology Explanation (Best Explanation)

Blockchain Technology Explanation (Best Explanation)

Blockchain Technology Explanation (Best Explanation) This is a basic introduction to blockchain technology. This tutorial has been divided into four pieces to make it easier for you to follow and comprehend. We will discuss the following topics: What is Blockchain? Why Blockchain was developed? How is Blockchain being used now? And How Blockchain could be used in the future.  1. What is…

[imjustnolan247-blog]

Bitcoin Family Cryptocurrency Course

Bitcoin Family Cryptocurrency Course

https://open.spotify.com/episode/4WBb4DqPlVIT5SJcU7Yshk?si=P1taGzMXTpOK6wp7xbQGtw I want this START A CRYPTOCURRENCY COURSE WITH THE BITCOIN FAMILY We will take you by the hand A lot of people fear the cypto world . It is new. It will change the world. Become an early adaptor and benefit from my experience and knowledge. We will teach you in our video course how to get started with crypto,…

[thepause]

USDC Backer Circle to Go Public in SPAC Deal

USDC Backer Circle to Go Public in SPAC Deal

Amid much debate on the outlook for stablecoin regulation, Jeremy Allaire's Circle, which issues stablecoin USD coin (USDC), is going public in a special purpose acquisition company (SPAC) deal. "Circle has a huge opportunity to provide more transparency than any other stablecoin issuer," CoinDesk's Nikhilesh De said. De also shares insights into China's concerns about stablecoins posing a risk…

[cointuta]

What is Bitcoin? Bitcoin Explained Simply for Dummies

What is Bitcoin? Bitcoin Explained Simply for Dummies

Start trading Bitcoin and cryptocurrency here: http://bit.ly/2NHXIs3 Bitcoin is the first decentralized digital currency. All Bitcoin transactions are documented on a virtual ledger called the blockchain, which is accessible for everyone to see. Bitcoin gives you complete control over your money, unlike other assets you own which are regulated by banks and governments. As bitcoin gains more…

[tanyayaz101]

Hey!

For the past several months, I've been using a simple but effective method to pocket a quick $100-$200 profit a day from Bitcoin and other crypto currencies.

In fact, it takes as little as 10-20 mins a day to do and I've broken it down into 5 simple steps:

1. Switch on your smartphone, tablet, laptop or PC (whichever you prefer)

2. Visit a website and login

3. Look at a real-time, live chart for about 5 mins (this is straight forward)

4. Set a trade (I'll explain how) and leave it to run

5. Collect your profit

Ok, $100-$200 a day won't make you super rich, but it's still $700-$1400 a week if you can spare 10-20 mins a day to do it.

If you're interested in doing this, I've put together a guide where I explain everything. It'll take you just 15 mins to read and then you're good to go.

So grab a coffee (or your drink of choice), go here  https://bit.ly/3Y16Jwn and get the guide immediately and you could get your first profit today.

👉 Get It Here Now: https://bit.ly/3Y16Jwn 

P.S. This Method  is aimed at beginners / 'newbies' - it's written in plain English without all the jargon! Someone once called it 'crypto for dummies' (in a good way). 😀

[coinstash]

How Does Bitcoin Work for Dummies? Bitcoin Explained!

If you are new to cryptocurrency investment then you may be interested to know What is Bitcoin & How Does it Work? In general, Bitcoin is a type of digital currency that can be sent to your digital wallet, and you can also transfer it to others. You can also use Bitcoins to pay for goods and services as some stores are now accepting Bitcoins. 

If you are still not able to figure out how does actually Bitcoin work then you can read the Coinstash Bitcoin Dummies Guide and start buying Bitcoin in Australia.

[iglovequotes]

What is Bitcoin? Explained simply for crypto dummies Blockchain Explained

[imjustnolan247-blog]

Bitcoin Family Cryptocurrency Course

Bitcoin Family Cryptocurrency Course

I want this START A CRYPTOCURRENCY COURSE WITH THE BITCOIN FAMILY We will take you by the hand A lot of people fear the cypto world . It is new. It will change the world. Become an early adaptor and benefit from my experience and knowledge. We will teach you in our video course how to get started with crypto, how to make money with day trading and give you a lookout to the future of the crypto…

[bowsetter]

In the Daily: Monero Upgrade, Revolut Auto Exchange, SETL Administration

In this edition of The Daily we cover the latest protocol upgrade to privacy coin monero (XMR), a new feature for traders using Revolut, and the blockchain-based corporate settlements platform SETL appointing administrators for the business.

Also Read: Online Bank Swissquote to Add Crypto Custodial Services

Monero Undergoes Protocol Upgrade

The Monero development team has confirmed that its scheduled protocol upgrade was completed successfully. The hard fork introduced four main changes to the privacy-focused altcoin including an improvement to the dynamic block size algorithm, an introduction of dummy encrypted payment IDs as well as shrinking of the size of amount encodings and using deterministic masks.

The most important update involved making the cryptocurrency more resistant to ASIC (application-specific integrated circuits) miners. A recent report showed that more than 85 percent of the Monero network was dominated by ASIC miners. The newly implemented Cryptonight-R algorithm is meant to tweak the proof-of-work mechanism used by XMR miners to deter using ASIC rigs, at least for a while.

Revolut Launches Auto Exchange

London-based alternative digital banking startup Revolut has added a new feature to the service it calls Auto Exchange, supporting both fiat and cryptocurrencies. Similar to market orders common on forex trading platforms, such as Entry and Stop-Loss, the new feature allows Revolut users to automatically exchange one asset into another when a target rate they set is reached.

Revolut was launched in July 2015, and its services include pre-paid debit cards (Mastercard or Visa), fiat currency exchange, cryptocurrency buying and exchange, peer-to-peer payments, remittances, personal loans, travel insurance and international money transfers. In April 2018 the company raised a Series C investment round of $250 million and added support for bitcoin cash (BCH).

SETL Goes Into Administration

Permissioned blockchain-based platform SETL has recently announced the appointment of administrators for the company in a notice of corporate insolvency. This is the latest example of corporate blockchain technology projects struggling to deliver on the hype they generated. The newly appointed administrators, Quantuma LLP, are tasked with enabling the company to balance its holdings and continue its activities on a business as usual basis.

Trying to put a positive spin on the matter, SETL refers to the move as a corporate reorganization following the completion of its Central Securities Depository (CSD). The company explained in a blog post that it recognizes that as an early stage firm it is not sufficiently able to contribute the capital needed for the CSD and is now seeking to sell its holding to a larger financial services firm, “one better placed to provide the capital required to support the growth trajectory.”

What do you think about today’s news tidbits? Share your thoughts in the comments section below.

Images courtesy of Shutterstock.

Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.

The post In the Daily: Monero Upgrade, Revolut Auto Exchange, SETL Administration appeared first on Bitcoin News.

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[jerrymike123]

Are blockchain, cryptocurrency, and bitcoin the same thing?

At HeraSoft, we deal with enterprise and enterprise security applications of blockchain technology. Because blockchain is a new technology, we often find ourselves doing a little “blockchain technology for dummies” explainer before we get to a conversation about blockchain-powered business and enterprise security solutions. With crypto back in the news, we thought we’d address one of the more common questions we hear:

Are blockchain, bitcoin, and cryptocurrency the same thing? The short answer is, no. According to Gartner, “it’s important to not conflate the value of blockchain with the most recent price of various coins…” We agree, so here’s our take on unpacking the difference between blockchain, cryptocurrency, and bitcoin:

Understanding blockchain technology

Put simply, blockchain is a type of database. In fact, all blockchains are databases — though not all blockchains are cryptocurrencies.

There are different types of databases, but, generally speaking, they are all ways of storing information on a computer system. Most databases store tabular data because this way of organizing information is easy to search and filter. Consider a spreadsheet: this digital table allows one person or a small group of people to create, store, and access a limited amount of data. Spreadsheets don’t scale well for enterprises; servers offer a level up.

Servers house large databases of tabular data in a way that many thousands of users can access, sometimes simultaneously. This incredible innovation, made more powerful through cloud computing, allows businesses to power more transactions for larger groups of people over longer distances. In the case of the cloud, businesses can even avoid the capital investment required to acquire and maintain large server farms. Regardless of whether a database is local or in the cloud, an individual, department, or vendor controls access (which introduces some security challenges).

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Blockchain databases are distinct from server databases in two ways: 1) blockchain stores data in chunks — or blocks; 2) blockchain technology is easily decentralized. Let’s tackle each of these features separately.

Blockchains group information together into sets or blocks, each of which have a given storage capacity. When blocks fill up, a new block forms that gets “chained” to the previous one. Information compiled in this way naturally forms a timeline. A decentralized blockchain timeline is immutable, which is to say that the system is inherently irreversible so changes must be amended by permission and logged within the same blockchain, but the ledger will still have a record of the original transaction.

What does decentralized mean? Decentralization in blockchain refers not only to the physical distribution of the blocks in the chain but also to the distribution of decision making. With a distributed database, the data is accessible through a variety of servers. With a decentralized blockchain, not only is the database distributed, access permissions and incentivization structures are distributed across the ecosystem as well. Different blockchains are constructed in different ways, so a given ecosystem, organization, or business can define or select how some of these features are implemented.

Cryptocurrency or “crypto” is a type of blockchain. Different cryptocurrencies have different features and advantages, but all have in common the fact that they are digital assets that also can serve as mediums of exchange. Ownership of a particular token or tokens and the history of exchanges are stored in the cryptocurrencies’ blockchain ledgers.

Bitcoin is a type of blockchain cryptocurrency whose success helped propel the critical elements of blockchain technology into other areas of life and business. Bitcoin has features that make it distinct, one of which is that it is the most popular and traded cryptocurrency. Bitcoin does not, however, have an enterprise blockchain application beyond, perhaps, holding Bitcoin in corporate treasury or accepting it as a means of exchange.