I have no exact idea about how ETH nodes work but for most of the POS coins with nodes that require being active 24/7, VPS are the good option regular users. You can create your own server but that would require a lot more. And when I previously tried some VPS, the reason why people prefer Vultr or DigitalOcean is because they have good uptime and they are friendly to crypto nodes. Some of other VPS had their terms against running crypto nodes or limited the nodes of user without informing them.
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I have invested in ETH. 524,288 ETHs are required for Eth 2.0 to launch. And one person needs 32 ETH. It must be held for 1 year after stake. So I think ETH pump soon.
But so far, there are very few people who want to freeze their Ethereum for 1 year. And this is because in addition to the fact that you have to send 32 ETH under the contract, so also, you will need to maintain a round-the-clock node. And if you can't do that, you will be fined. There are businesses and exchanges that would freeze the coins for you for some fees. But with the nice reward and unlimited supply, I don't think Ethereum would have a large price increase as increasing in price would decrease it's utility by increasing the transaction fees for tokens and smart contracts. So ETH should be in good supply in low in price to stay usable.
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Every of popular exchange would allow users to stake ETH but they'd take a small cut from the profit. The exchanges would already have huge VPS storage that could make the nodes run without any issues and it would also be beneficial for users to stake on exchanges as they'd be saving their money on VPS. ETH staking would also offer a higher reward than many other staking coins, of about 12% annually.
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I don't think so. Though Biden looks like a reasonable politician, there's a lot of investment by different businesses and media that controls money in US. I don't think these group of aristocrat would embrace crypto and bitcoin as they would be hurting their business. Democrates are famous for their involvement in corruption. Trump did visible corruption when he is in office but when Biden comes, a lot of corruption would occur on a systematic level. I don't have high hopes from US for crypto.
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In my personal experience, merchant payment of bitcoin has decreased and people are losing their interest in paying through bitcoin. There are several reasons for it, the most important ones being the fees and transaction time, introduction of crypto cards and other stable crypto for payment. People are also more keen on holding and trading bitcoin than to cash them out.
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We can never be sure but as the number of crypto and it's uses increase, we could assume the total market cap would exponentially increase and wins over the valuation of gold. But gold again is a commodity in regular increase with mining. Unlike bitcoin or other mineable coins, they don't have a limit. There are even possibility of mining gold from asteroids. So, only time could tell how the economics of future would shape.
It also depends on what you consider a cryptocurrency. Most of the countries are moving towards turning their fiat into blockchain based token or coins. It could easily turn into a norm. If that happens, the combined fiat value of the world would certainly be greater than that of gold. And gold too are going through digitalization and coins that represents the value of gold are being issued of ease of transfer and trade.
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Ripple has nothing similar to bitcoin and it won't be the next bitcoin. There are many tokens that are competing with Ripple to establish a global payment system. It's hard to replicate bitcoin as it's prime advantage is trust and decentralization while Ripple is a simple token that is years old but yet to take any ground. While newer tokens with more advanced technology are going to challenge it.
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If you are using yobit as a trading platform, I'd recommend to change your preferences. If you lost your entire investment from a scam exchange than the profit you generated from it would be worth nothing. I don't like experimenting with my capital, though I use some unpopular exchanges for exchanging my coins, I stick to the mainstream ones for my trading needs. Binance is a popular one with huge liquidity and cheap fees and mostly I don't need to find an alternative.
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Depends on the legitimacy and the intentions of the team and project rather than what name you provide. STO should be the most safe of them if they were really regulated and audited by third independent party. But in reality, IEO from popular exchange has better return of investment than any of others. IDO are still the coins that fails to get an IEO.
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There were several of fast food restaurants and hotels that had bitcoin accepted here signs and they did accepted bitcoin some 5 years ago. Bitcoin payment were specially popular among foreign tourists. But as the government implemented the ban on crypto transactions, they have no more bitcoin accepted signs and I think they don't accept it anymore.
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If it's made from software, a few people and most of the forensics would easily found it out. And if the software goes online, you never how what places your seed would be saved to. The best thing would be to create a steganography rule yourself. It doesn't have to be an image. You could just devise a text based steganography rule that fits in your mind and apply it to the seeds first. After that you could turn it into qr code or even images using whatever software found online.
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It's certainly a glitch. I remember this happening once in past. Actually an alt went on swap with 1000:1 and their algo kept updating the price but didn't updated the supply. That made the total marketcap of that coin several times higher than bitcoin for some hours causing weird graphs. I think similar could have happened there. They take their data from different API and if there was a bit of problem with any of those, it could so erratic graphs.
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You can give anyone a red trust if you think dealing with them would lead to a loss but trust except from DT members are not visible unless you view them on user settings. Whether or not to give a red trust to bounty managers if the bounty run by them failed to reward users have always been a hot topic here. But asking for escrow is the basic thing bounty managers should to that would act as a prevention. Even if the tokens don't carry any value in the end.
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China is moving forward with the implementation of the digital yuan and replace it for every kind of transactions as well every crypto for merchant transfers. To implement their idea they'd change anything and everything. Almost all of the Chinese brand would move on to embrace the national digital currency. It would have been better if huawei would too bring some new coins at least for their own IOT platform.
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It's fishy when the exchange token disappears from the exchange itself. But it seems the BTC pair for the emirex exchange is live again. The token is also being traded on hitbtc but the price has plunged about 50% already. There were surely some issues with the token and exchange but they are still getting funds and are operating. I don't think the temporary lose of trading pair, price decrease would make them a contender for scam.
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Most of them are backed by their fiat equivalent in 1:1 ratio. That holds true for USDC, Paxos USD, BUSD and TUSD. The DAI is a US dollar pegged coin but escrowed by Ethereum. If the prices of ethereum frozen decreases, they pull in the tokens and if it's larger, they mint more. There are some coins that are minted by choice, USDT is one of the example.
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I don't think buying all the left supply by a or a few whales is even possible. You can just calculate the remaining supply with current price as you can't get all those coins for the current price. Even a small buy would make bitcoin increase in price. Buying a lot would keep on increasing it till you can't afford it anymore. And not all coins are in sell order, so you can't buy them all even if you have infinite to spend.
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Whatever be the cause, it's the team which should take the responsibility. Wherever the exploit came from, every lines on defi smart contract should be properly analyzed and verified by the developers. After that, it also goes through audit by and external auditor. The exploit seems to miss both of them or both of them were involved in this plot. It's the disaster caused by the Defi hype as inexperienced developers saw money on Defi and jumped into it.
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It comes as no surprise for most of us. Though DEFI are a good option, there's no market large enough to sustain a lot of them and it's still would be difficult for good ones to bring insanely large profits as the DEFI are generally characterized by lower fees. When people are here for overnight money doubling, it's possible only when you are scamming your own customers and investors.
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That's quite an achievement since the last bull run but there is going to be a correction and the best we can hope is it get a resistance on 12K so that it would build up for the next one. The bitcoin's price is surely going to hit a new ATH but I think it would be on this or subsequent year as the economy is on the bad side and as soon as the pandemic is over, a lot of capital would be needed to bring back the market as previous.
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