
scholareum
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scholareum posted an update in the group Blockchain in India
6 months, 3 weeks agoXRP : The Story of Ravi’s Fast River
Ravi lived near a big river that connected his village to other towns. When people wanted to send goods to another town, they had to use old, slow boats, and it cost a lot of money.
Ravi had an idea: “What if I build a fast boat system that can send goods across the river in seconds and for very little cos…[Read more]
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scholareum posted an update in the group Blockchain in India
6 months, 3 weeks agoDOGECOIN : The Story of Riya’s Funny Coupon
Riya loved making people laugh. One day, she created a coupon with a funny picture of her dog, Max, on it. She called it Dogecoin just for fun. At first, she gave these coupons to her friends as a joke, but then something surprising happened—people started trading them!
Her friends said, “We can use t…[Read more]
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scholareum posted an update in the group Blockchain in India
6 months, 3 weeks agoETHEREUM : The Story of Meera’s Smart Village
Meera lived in a small village where everyone often argued about agreements—like who owed money, who rented a house, or who borrowed a cow. These arguments wasted a lot of time.
One day, Meera had an idea. She created a big board in the village square and called it the Smart Board. On this board, vil…[Read more]
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scholareum posted an update in the group Blockchain in India
6 months, 3 weeks agoBITCOIN: The Story of Arun’s Digital Gold
Arun loved gold because it was valuable and could be traded for anything. But gold was heavy and hard to carry around. One day, Arun’s tech-loving uncle, Raj, said, “What if I told you there’s something like gold, but it’s digital? It’s called Bitcoin.”
Arun was curious. “How can something on th…[Read more]
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scholareum posted an update in the group Blockchain in India
6 months, 3 weeks agoCRYPTO WALLET : The Story of Rohan’s Treasure Box
Rohan loved collecting rare coins. He kept them safe in a small treasure box with a special key. Whenever he wanted to use a coin, he opened the box with his key, took out the coin, and then locked the box again.
One day, his friend Priya said, “I’ve started collecting digital coins. I don’t…[Read more]
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scholareum posted an update
6 months, 3 weeks agoWEB3 : The Story of Kiran’s Art Gallery
Kiran loved painting and often shared her art with her friends online. But when she posted her paintings on a website, the website owned her pictures, and Kiran didn’t get any money when people enjoyed her work.
One day, Kiran’s friend Anya said, “What if you could keep your art and sell it yoursel…[Read more]
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scholareum posted an update
6 months, 3 weeks agoCRYPTOCURRENCY : The Story of Asha’s Digital Coins
Asha loved baking cookies. Her friends often wanted to buy them, but they didn’t always have cash. One day, Asha thought, “What if I make my own coins for trading cookies?”
She made shiny paper coins and gave one to each friend who bought a cookie. Her friends loved it, but there was one probl…[Read more]
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scholareum posted an update in the group Blockchain in India
6 months, 3 weeks agoBLOCKCHAIN : The Story of Maya’s Notebook
Maya lived in a small village. Every evening, she would sit under a big tree with her friends to trade fruits and toys. To keep track of who gave what to whom, Maya used a notebook.
One day, her friend Raju said, “What if Maya changes the notebook to show I owe her more toys than I actually do?” Eve…[Read more]
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scholareum wrote a new post
6 months, 3 weeks agoFrom Disaster to Dominance: The Rise of Programmatic Currencies
Let us break down the nuanced differences between Programmatic Dollars (pUSD) and Algorithmic Dollars (aUSD): Programmatic Dollar (pUSD): Algorithmic Dollar […]
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scholareum wrote a new post
6 months, 3 weeks agoHow India Can Nurture Blockchain and Cryptocurrency Startups
India, known for its thriving IT sector and growing startup ecosystem, stands at the precipice of an opportunity to lead […]
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scholareum posted an update in the group Blockchain in India
6 months, 3 weeks agoPioneering Blockchain Innovation: How India is Shaping the Future of Startups and Governance:
1. Developing a Regulatory Framework
India has taken steps to regulate cryptocurrencies and blockchain, though the process is ongoing.Introduction of the Digital Rupee (CBDC):
The Reserve Bank of India (RBI) launched the Digital Rupee pilot in 2022 for…[Read more] -
scholareum posted an update in the group Blockchain Hub
6 months, 3 weeks agoBlockchain Wallet Address Identifiers: A Comprehensive Guide to Cryptocurrency Address Prefixes
Ethereum (ETH)
Starts with: 0x
Example: 0x742d35Cc6634C0532925a3b844Bc454e4438f44eBitcoin (BTC)
Legacy addresses: 1
SegWit addresses (P2SH): 3
Bech32 addresses (Native SegWit): bc1
Examples:
Legacy: 1BvBMSEYstWetqTFn5Au4m4GFg7xJaNVN2
SegWit:…[Read more] -
scholareum posted an update
6 months, 3 weeks ago“Bitcoin is the most important invention in the history of the world since the internet.” – Roger Ver
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scholareum posted an update
6 months, 3 weeks ago“Smart contracts could be the most important and transformative technology since the invention of the internet.” – Charles Hoskinson
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scholareum posted an update
6 months, 3 weeks ago“The blockchain does one thing: It replaces third-party trust with mathematical proof that something happened.” – Adam Draper
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scholareum posted an update
6 months, 3 weeks ago“The real value of blockchain technology lies in its ability to create trust where none exists.” – Don Tapscott
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scholareum posted an update
6 months, 3 weeks ago“You can’t stop things like Bitcoin. It will be everywhere, and the world will have to readjust.” – John McAfee
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scholareum posted an update
6 months, 3 weeks ago“Blockchain solves the problem of manipulation. In the West, people trust Google, Facebook, and their banks. But around the rest of the world, people don’t trust their corporations that much.” – Vitalik Buterin
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scholareum posted an update
6 months, 3 weeks ago“Bitcoin gives us, for the first time, a way for one internet user to transfer a unique piece of digital property to another internet user, such that the transfer is guaranteed to be safe and secure.” – Marc Andreessen
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scholareum posted an update
6 months, 3 weeks ago“Bitcoin is a remarkable cryptographic achievement, and the ability to create something that is not duplicable in the digital world has enormous value.” – Eric Schmidt