6 saaark
-
1
Posts -
1
Comment -
110
Views
-
-
-
-
scholareum posted an update
2 weeks, 5 days agoMastering Blockchain: A Step-by-Step Guide to Theory, Practice, and Community Engagement.
The best way to learn blockchain involves a combination of theory, hands-on practice, and staying engaged with the community. Here’s a structured approach:
1. Understand the Basics
Start by grasping core concepts such as decentralization, cryptography, c…[Read more] -
scholareum posted an update in the group Blockchain Hub
2 weeks, 6 days agoIs it possible for XRP to dismantle BTC?
It’s highly unlikely that XRP will dismantle Bitcoin (BTC) due to their distinct purposes and market dynamics. Here’s why:
Bitcoin’s Role (Digital Gold):
BTC is considered the “digital gold,” a store of value with a massive first-mover advantage, high decentralization and widespread recognition. Its p…[Read more]-
indictubereplied 2 weeks, 5 days ago
It’s unlikely that XRP will “dismantle” Bitcoin (BTC) due to their different roles and unique value propositions, but XRP could certainly surpass it in specific use cases. Here’s a balanced view:
Why Bitcoin Maintains Its Edge:
Store of Value: Bitcoin is often compared to digital gold, prized for its decentralization, scarcity (21 million cap…[Read more]likelikedislikeangryfunnyhappylovewow
-
-
scholareum posted an update in the group Blockchain Hub
3 weeks agoTop 30 Cryptocurrencies: Revolutionizing the Future of Finance and Technology
$BTC: The pioneer of cryptocurrency and digital gold.
$ETH: Revolutionizing smart contracts and decentralized apps.
$BNB: Powering Binance, the world’s largest crypto exchange.
$USDT: The leading stablecoin pegged to the U.S. dollar.
$USDC: A trusted, t…[Read more] -
scholareum posted an update in the group Crypto Scams
3 weeks ago-
scholareumreplied 2 weeks, 5 days ago
MEV BOT Scammer wallet: https://etherscan.io/address/0xeba88149813bec1cccccfdb0dacefaaa5de94cb1
likelikedislikeangryfunnyhappylovewow
-
-
scholareum posted an update
3 weeks, 4 days agoThe Evolution of Money: Gold, Trust or Code?
For much of history, currency has been a representation of value, backed by tangible assets like gold. Many still believe that the US dollar is tied to gold reserves. The truth? It hasn’t been since 1971. Today, the dollar is backed solely by trust – trust in the government, the economy and the i…[Read more]
-
scholareum posted an update
3 weeks, 6 days agoWhy is blockchain technology important for voting systems?
A) It keeps votes private.
B) It ensures fair and transparent counting.
C) It makes voting faster.
D) It replaces physical voting booths.Answer: B) It ensures fair and transparent counting.
Explanation: Blockchain technology ensures that votes are counted accurately and securely,…[Read more] -
scholareum posted an update
3 weeks, 6 days agoWhat does ‘decentralization’ mean in the context of blockchain?
A) Control by a single organization
B) Distribution of control across many participants
C) Use of physical ledgers
D) Centralized server managementAnswer: B) Distribution of control across many participants
Explanation: Decentralization in blockchain means that control is shared…[Read more] -
scholareum posted an update
3 weeks, 6 days agoWhich cryptocurrency is known for its Shiba Inu dog mascot?
A) Bitcoin
B) Ethereum
C) Dogecoin
D) LitecoinAnswer: C) Dogecoin
Explanation: Dogecoin is known for its Shiba Inu dog mascot and was originally created as a joke. -
scholareum posted an update
3 weeks, 6 days agoWhat is a ‘smart contract’?
A) A legal document for buying real estate
B) A self-executing contract with terms written in code on a blockchain
C) A type of bank agreement
D) A physical contract used in transactionsAnswer: B) A self-executing contract with terms written in code on a blockchain
Explanation: A smart contract automatically exe…[Read more] -
scholareum posted an update
3 weeks, 6 days agoWhich of the following is NOT a type of cryptocurrency?
A) Bitcoin
B) Ethereum
C) Dogecoin
D) PaypalAnswer: D) Paypal
Explanation: Paypal is a digital payment service, not a cryptocurrency. -
scholareum posted an update
3 weeks, 6 days agoWhat should you do if you lose access to your cryptocurrency wallet?
A) Ignore it
B) Contact the wallet provider and use your backup
C) Try to hack into it
D) Delete the walletAnswer: B) Contact the wallet provider and use your backup
Explanation: If you lose access to your wallet, you should contact the provider and use your backup to recover…[Read more] -
scholareum posted an update
3 weeks, 6 days agoWhat is the purpose of a ‘hash’ in a blockchain?
A) To link blocks together
B) To identify and secure each block uniquely
C) To manage digital wallets
D) To store user passwordsAnswer: B) To identify and secure each block uniquely
Explanation: A hash is a unique code for each block in the blockchain, ensuring its security and integrity. -
scholareum posted an update
3 weeks, 6 days agoHow does blockchain technology ensure security?
A) By using encryption and decentralization
B) By storing data in physical ledgers
C) By limiting access to banks
D) By using paper recordsAnswer: A) By using encryption and decentralization
Explanation: Blockchain technology ensures security through encryption and decentralization, making it…[Read more] -
scholareum posted an update
3 weeks, 6 days agoWhat is a ‘hot wallet’?
A) A physical wallet for cash
B) A digital wallet connected to the internet
C) A type of cryptocurrency
D) A banking serviceAnswer: B) A digital wallet connected to the internet
Explanation: A hot wallet is an online wallet that stores cryptocurrency and is connected to the internet.-
scholareumreplied 3 weeks, 6 days ago
What is a ‘cold wallet’?
A) A digital wallet connected to the internet
B) A physical wallet for cash
C) An offline wallet for storing cryptocurrency securely
D) A type of cryptocurrencyAnswer: C) An offline wallet for storing cryptocurrency securely
Explanation: A cold wallet is an offline wallet that provides enhanced security by keeping cry…[Read more]likelikedislikeangryfunnyhappylovewow
-
-
scholareum posted an update
3 weeks, 6 days agoWhat is an NFT?
A) A type of cryptocurrency
B) A unique digital collectible
C) A blockchain ledger
D) A financial bank accountAnswer: B) A unique digital collectible
Explanation: NFTs, or Non-Fungible Tokens, are unique digital items verified using blockchain technology. -
scholareum posted an update
3 weeks, 6 days agoWhat does a blockchain consist of?
A) A series of physical books
B) A series of digital blocks linked together
C) A type of physical ledger
D) A financial institutionAnswer: B) A series of digital blocks linked together
Explanation: A blockchain is a digital ledger consisting of blocks of information linked in a chain. -
scholareum posted an update
3 weeks, 6 days agoWhich of the following is the first cryptocurrency?
A) Ethereum
B) Bitcoin
C) Dogecoin
D) LitecoinAnswer: B) Bitcoin
Explanation: Bitcoin was the first cryptocurrency, created in 2009 by Satoshi Nakamoto. -
scholareum posted an update
3 weeks, 6 days agoWhat is a cryptocurrency?
A) A type of paper money
B) A digital or virtual form of money using encryption
C) A physical coin
D) A bank accountAnswer: B) A digital or virtual form of money using encryption
Explanation: Cryptocurrency is digital money that uses encryption for security and operates on blockchain technology. -
scholareum posted an update
3 weeks, 6 days agoWhat is barter?
A) Trading goods and services directly without money
B) A type of cryptocurrency
C) A digital wallet
D) A form of physical moneyAnswer: A) Trading goods and services directly without money
Explanation: Barter is the system of exchanging goods or services directly without using money. -
scholareum wrote a new post
1 month ago10 Most Notorious Crypto Scams: Lessons from the Dark Side of Blockchain
Here’s a list of some of the most infamous crypto scams, showcasing the variety of fraudulent schemes that have plagued […]