🔥 What Does It Mean to Burn Crypto?

The concept of "burning" cryptocurrency refers to the permanent removal of a certain quantity of tokens from circulation. Typically, this process involves transferring the specified tokens to a burn address or a wallet from which retrieval is impossible. Commonly referred to as token destruction, this practice serves various purposes within the cryptocurrency ecosystem.

One primary reason for burning tokens is to decrease the total supply of a cryptocurrency. By doing so, a project initiates a deflationary mechanism, aiming to enhance the value of the remaining tokens. This strategy takes advantage of the economic principle that asset scarcity often leads to an increase in value, as observed when circulating supplies decrease.

Read the full article on our blog: https://ownrwallet.com/blog/what-does-it-mean-burn-crypto/

What Is Tron (TRX) and How Does It Work?

In this article we will talk about one of the most ambitious projects in the crypto industry over the last few years. Its creators propose to decentralize the entire Internet. The project is called Tron. The token of this project is Tronix or TRX.

Below, we will tell you everything you need to know about this cryptocurrency and about this project: the story of its creation, how it works, and its advantages. So after this article, you will have a full understanding of what the player called Tron is like in the vastness of the blockchain.

Read more on our blog: https://ownrwallet.com/blog/what-tron-trx-and-how-does-it-work/

🔷 What is Ethereum and How Does It Work?

Learn about Ethereum, a ground-breaking blockchain network that is decentralized and allows for safe peer-to-peer transactions using smart contracts. Participants are fully in control and have total visibility thanks to immutable and validate transactions. In this in-depth guide, explore how to utilize Ethereum's user-created accounts, a private key, and its native currency, Ether, as you discover its capabilities.

Read the full article on our blog: https://ownrwallet.com/blog/what-ethereum-and-how-does-it-work/

What is Dash? (DASH)?

Appearing as an alternative to Bitcoin, DASH blockchain has become a pioneering network that aims to revolutionize the way we perceive and utilize money. With its focus on privacy, speed, and governance, it offers a unique approach to digital cash, providing users with an efficient and secure payments system for conducting fast transactions.

In this article, we will delve deeper into the mechanics of DASH digital currency, exploring its key features, technological innovations, and potential use cases.

Read the full article on our blog: https://ownrwallet.com/blog/what-dash-dash/

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Binance Coin History

The Binance ecosystem depends on BNB Coin to keep things running. The coin was designed to cover a variety of costs associated with using the Binance cryptocurrency exchange, including listing, exchange, and trading fees.

A total of 200 million tokens were initially available for Binance Coin. During the Binance ICO, 80 million coins were put aside for Binance branding, 20 million were given to angel investors, and the remaining 100 million tokens were distributed to the general public.

📖  The BNB Coin was first released on the Ethereum network as an ERC-20 token. The Binance Chain blockchain, currently referred to as BNB Beacon Chain, was introduced by the Binance ecosystem in 2019. Users of the previous BNB token that complied with ERC-20 were able to exchange their tokens for the new BEP-2 BNB currency at a 1:1 ratio.

Read more about Binance Coin on our blog: https://ownrwallet.com/blog/what-binance-coin-bnb-and-how-does-it-work/

Tracing the Evolution of Artificial Intelligence (AI):
From Turing to IoT

The history of Artificial Intelligence (AI) has been an evolution from ancient conceptualizations to contemporary applications, with pivotal moments that have shaped its trajectory. This journey began in the mid-20th century, spearheaded by luminaries like Alan Turing, and it has led to the convergence of AI with the Internet of Things (IoT), ushering in a new era of interconnected intelligence.

Read more on our blog: https://ownrwallet.com/blog/tracing-evolution-artificial-intelligence-ai-turing-iot/

What Is Blockchain Security? - Full Guide

Blockchain solutions have been an instrumental innovation in our digital era, revolutionizing how we handle and store data. At the heart of this technology lies an essential aspect: blockchain security. This robust framework safeguards the integrity of these decentralized systems and ensures the integrity and efficiency of each transaction within the blockchain network.

In the following article, we'll plunge into the core of blockchain security, and explain its various forms such as private, public, and consortium blockchains. We'll analyze how each type can contribute to blockchain technology, as well as explain how can we guarantee the network’s security through blockchain penetration testing.

Read more on our blog: https://ownrwallet.com/blog/what-blockchain-security/

What is a Web3 browser?

Introduction to Web3 Browsers

Web3 browsers have emerged as a new way to navigate the internet, offering users enhanced privacy, security, and access to decentralized applications (DApps) and digital economies. These browsers, like Brave, bring together Distributed Ledger Technologies, AI, and Metaverse concepts to shape the future of online interaction.

Evolution of Web Interaction

The foundation of Web3 browsers lies in the communication between computers through web services. These services, often presented as APIs, enable the exchange of data over the internet. The Web itself comprises interconnected hypertext materials accessed through browsers, allowing users to navigate between multimedia-rich web pages using hyperlinks.

Read more: https://ownrwallet.com/blog/what-web3-browser/

Understanding the 51 Percent Attack

🔸 A 51 percent attack, also known as a majority attack, arises when a user or group controls the majority of mining power.
🔸 The attackers wield enough influence to dominate network events.
🔸 They can monopolize block generation and obstruct other miners from completing blocks.
🔸 Transactions can be reversed.

Read the article on our blog: https://ownrwallet.com/blog/what-proof-work/

🚀 🌏   Decentraland Metaverse   

Decentraland represents a digital realm constructed on a Blockchain framework, enabling individuals to possess virtual real estate, fabricate and exchange digital possessions, and take part in diverse communal and economic undertakings.

Employing the capabilities of Blockchain technology, the platform constructs a distributed digital universe, granting users the ability to procure, vend, and enhance virtual land through the utilization of MANA, the native cryptocurrency of the Decentraland ecosystem.

The advantages proffered by Decentraland encompass the rights of possession and jurisdiction over virtual land, the capacity to generate and barter one-of-a-kind digital assets, and the chance to engage in a flourishing virtual economic milieu.

Read more: https://ownrwallet.com/blog/decentraland-metaverse/

Understanding Crypto-Backed Mortgages

🏠 The concept of crypto-backed mortgages involves utilizing digital assets like Bitcoin (BTC) and Ether (ETH) as collateral to secure traditional mortgage loans. This practice emerged alongside the growing popularity of cryptocurrencies, driven by their high volatility and potential for value appreciation.

Read more on our blog: https://ownrwallet.com/blog/understanding-crypto-backed-mortgages/

What Is a Satoshi, the Smallest Unit on the Bitcoin Blockchain?

Understanding Satoshi, the Smallest Unit on the Bitcoin Blockchain:

The concept of a Satoshi, the smallest divisible unit within the Bitcoin blockchain, holds a significant place in the realm of cryptocurrencies. Exploring the nature and significance of a Satoshi is crucial to grasp its broader implications in the world of blockchain technology.

Read the article: https://ownrwallet.com/blog/what-satoshi-smallest-unit-bitcoin-blockchain/

📖 What is a trading journal. And How to Use It

A trading journal serves as a comprehensive record of your trading activities, encompassing risk management, strategy assessment, and psychological factors. While analyzing price changes through charts is helpful, it's not the sole avenue for successful trading. Employing a disciplined approach, such as maintaining a trading journal, can guard against emotional decisions impacting financial investments.

Read more on our blog: https://ownrwallet.com/blog/what-trading-journal-and-how-use-it/

Hi, it’s OWNR Wallet here!

We are here with some useful tips on how to become an owner of crypto! Crypto may seem very complicated but with OWNR the process of buying won’t seem any difficult. But we wanted to give you some secrets on how to make this process even smoother.

 ✅ Prepare all the documents in advance. All you need to have for KYC verification is an identity document (you will have to take a picture of it right away) and proof of address (utility bill or a bank statement) in PDF or JPG format. Note! We don’t accept screenshots. Then your KYC will take only a couple of minutes.

 ✅ Create an order before KYC. That way the order will be paid out the minute your KYC will be approved.

 ✅ Turn on notifications in your OWNR Wallet app, so you know when the crypto will arrive at your address. This is a very convenient feature that will help you not to lose your time and spend your just-bought crypto!

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❄️ How to control stress and depression in a crypto winter

To maintain your mental well-being during the crypto winter, it's advisable to avoid relying solely on digital currencies for income.

Given the constant market volatility and the round-the-clock nature of the crypto market, people tend to monitor market movements incessantly to prevent financial losses. This behavior can lead to sleep disruption, fatigue, increased anxiety, and a fear of failure.

This article discusses strategies for preventing crypto addiction and managing stress and depression related to cryptocurrency investments during the impending crypto winter.

Read the article: https://ownrwallet.com/blog/how-control-stress-and-depression-crypto-winter/

Government Surveillance of Bitcoin Transactions

🔎 Cryptocurrency Ownership Tracking

Cryptocurrencies like Bitcoin operate on blockchain technology, which offers transparency in transactions. This transparency enables both the government and the general public to monitor cryptocurrency transactions conducted on a specific blockchain. Due to this transparency, law enforcement agencies like the police, the FBI, and the IRS can observe activities on the Bitcoin blockchain. The traceability of Bitcoin transactions hinges on whether these transactions can be linked to individuals' identities.

Read more on our blog: https://ownrwallet.com/blog/government-surveillance-bitcoin-transactions/

What is Proof-of-Work?

Proof-of-Work, often abbreviated as PoW, stands as the foundational consensus algorithm within a Blockchain network.

In the context of a Blockchain, this algorithm serves the purpose of validating transactions and generating fresh blocks on the chain. With PoW, miners engage in competition to execute transactions on the network, consequently earning rewards for their efforts.

Within this network, users transfer digital tokens among themselves, which are then aggregated into blocks on a decentralized ledger. However, a critical step involves confirming these transactions and structuring the blocks.

Read more on our blog: https://ownrwallet.com/blog/what-proof-work/