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1  Other / Beginners & Help / Re: Blockchain role in crypto on: September 23, 2023, 09:00:56 AM
blockchain
Blockchain is a distributed that supports cryptocurrency and range of other digital currencies. blockchain plays an important role in the world of crypto. this is a basic technology that allows function as decentralized and to secure assets. the blockchain is connected with crypto through:

Decentarlization:
Decentralization is a fundamental concept in crypto and the blockchain technology that distribute the control of design making acrose the network of participants. that one is the key feature in other cryptocurrencies. The main thing is that there is no one central entity that controls the network.

Transaction Record:
Blockchain in crypto provides us the transaction history and records. these transaction shows that the movement of a user to another user transactions are grouped in a block together. these blocks are open publicly that shows that everyone who wants blockchain data to access transaction history there is no required ant type of permission.

Security:
the blockchain provides us the security of transaction because in the network the private key is used to sign the transaction that ensures that only the owner can access the transaction. that key show that only the key holder can done transaction from the wallet.

Mining:
Miners use the figuring power to solve the mathematical puzzle and in that process they make there network secure and verify transaction. many cryptocurrency such as Bitcoin utilize the consensus mechanism known as POW to validate and add the transaction in blockchain.

Wallet:
 in the crypto there are two types of wallet software and Hardware tools that link with the Blockchain to store the transaction history send and receive the transaction. Each wallet contains its private key that is specific to authorise the transaction.

Altcoin:
Like BTC there are lot of other Alitcoins (Alternative Cryptocurrencies) be revealed with own blockchain or based on the blockchain. altcoin come in various form and surv us various purposes They introduce the innovation and new features in the cryptocurrency like privacy solution and contribution.


This is not an attack on your personality, to be candid your Post header and the contents do not corelate; nothing in the body of your message explains or discusses the role of blockchain in crypto; instead you have only defined some popular known subjects thats not new.

Instead, i implore you to study the following snippet as a newbie -

Beginners & Encyclopaedia

You will find enough teachings about the Blockchain there.

2  Other / Beginners & Help / Re: Why newbie may find it difficult to rank up in this forum on: September 07, 2023, 01:13:11 PM
Day by day, new members keep registering everyday. Only few of this member find it easy to rank up. Imagine an account opened for more than 2 year that still exist as a newbie. These are some of the reasons I observed why some of these people may find it difficult to rank up:

👉👉They are in the forum for bounty only
Bounty gives little money when compared to money made from signatures after been rank up. Even some high ranked members in the forum believe bounty is a waste of time as some pay little money or not even pay at all. Believing in bounty alone may not give you time to work on how to build your profile in the forum.

👉👉Not ready to learn
Learning is a process, the more you learn, the more you know. The more you  know, the more you can assist others. The more you assist others with your post, the more you rank up your profile.

👉👉To busy to read
Reading is very important in learning process. Most of this people find it difficult to read important post that could help them rank up. All they put their efforts on is bounty. Some don't even read the rules of the bounty they are joining, they just join as they see it. These group of people are seen to later ask questions which has already be post on bounty thread from bounty manager in the bounty telegram group. Reading good post will help you in the following ways:
     ✅Teach you new things
     ✅Broading your knowledge about what you already know
     ✅Teach you how to write good post
     ✅Familiarize you with the forum rules and regulations.
    
👉👉Staying away from the rules and regulations of the forum
Ignorance kills easily. Forum rules should be the first thing to read and get familiarize with by all newbies. These will enable them to stay long in the forum without violating the rules and regulations of the forum.

CONCLUSION
You can't teach what you don't know. One need to be a learner to become a master. So, learn first to teach others later.

I have been in the forum for a while now; and so far i have learnt couple of new stuffs to be very honest.
My candid opinion when it comes to ranking up in the forum is also simple. To rank up easily; you need to enjoy every time you spend in the forum; be open to learning and also be very expressive when it comes to sharing your own opinion. The more you learn, the better it gets for you in the forum.

Just keep it simple; and you will be amazed how much you can learn and contribute here.
3  Other / Beginners & Help / Re: Do you think privacy is important for a beginner? on: August 25, 2023, 11:39:27 AM
Privacy is a big and debated topic nowadays, especially for things like bitcoin and digital tech. It's about people having the power to control their personal info, who collects it, how it's used, and how it's kept safe. But when it comes to bitcoin and stuff, privacy isn't easy. There are lots of problems and choices to make, like legal stuff, what's right, how people feel, and the tech side of things.

Seems like privacy might not be around much longer. Cameras are everywhere, watching us in public and even private places. There's this new thing called CBDC's that might replace cash and let people keep an eye on our money stuff. Our data is being taken and used without asking us. We have to do things like KYC for bitcoin exchanges, which might make us less anonymous. And they're even taking our biometrics, who knows why.

People are divided on this. Some think privacy is really important and should be guarded by rules and society. But there are others who don't really mind and think privacy isn't a big deal. So, I created thread to see what everyone thinks about privacy.

In my opinion; i do not think there has ever been privacy in crypto currency or tech; either you buy bitcoin or altcoins; or you practice designing or stuffs as such; theres not a time you have been private. Our mobile phones gives out ip address; browser with caches history gives out your chat information; btc transaction gives out ip too. And even some cex sells data out to government or private agencies.

The only difference is that many individuals are now well informed about their data and privacy being exposed; compared to before. Data privacy in crypto or tech is an haux.
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