scholareum
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scholareum posted an update in the group Blockchain Hub
1 week, 1 day agoBitcoin’s Quantum Computing Resilience: Myth vs. Reality
In the rapidly evolving world of cryptocurrency, a new technological challenge has emerged that has sent ripples of concern through the digital finance ecosystem: quantum computing. Recent advancements by Google, particularly the development of the Willow quantum computing chip, have…[Read more]
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scholareum posted an update in the group Blockchain Hub
1 week, 1 day agoBlockchain is the ballot box of the digital age, where every vote counts, every decision is transparent, and governance is coded into consensus.
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scholareum posted an update in the group Blockchain in India
1 week, 2 days 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
1 week, 2 days 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
1 week, 2 days 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
1 week, 2 days 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
1 week, 2 days 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 in the group Blockchain in India
1 week, 2 days 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 posted an update in the group Blockchain in India
1 week, 4 days 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
1 week, 4 days 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 in the group Blockchain Hub
1 week, 6 days agoEssential Frontend Technologies for Blockchain and Cryptocurrency Applications:
When building frontends for blockchain and cryptocurrency applications, you need technologies that enable seamless interaction with decentralized systems, user-friendly interfaces and robust security. Here’s a list of relevant frontend technologies:
1. Frameworks a…[Read more]
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scholareum posted an update in the group Blockchain Hub
1 week, 6 days ago$AAVE is known for:
a) Decentralized lending and borrowing.
b) Enabling inter-blockchain communication.
c) Creating a decentralized storage network.
d) Being the first meme coin.Correct Answer: a) Decentralized lending and borrowing.
Explanation: Aave ($AAVE) is a decentralized finance protocol that enables users to lend and borrow…[Read more]
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scholareum posted an update in the group Blockchain Hub
1 week, 6 days ago$XTZ is unique for its:
a) Meme-driven popularity.
b) Self-upgradable blockchain technology.
c) Focus on storing large files.
d) High-speed cross-border payments.Correct Answer: b) Self-upgradable blockchain technology.
Explanation: Tezos ($XTZ) allows its blockchain to upgrade itself without requiring hard forks, ensuring adaptability and innovation.
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scholareum posted an update in the group Blockchain Hub
1 week, 6 days ago$LTC is often referred to as:
a) Digital Silver to Bitcoin’s Digital Gold.
b) The fastest meme cryptocurrency.
c) A stablecoin pegged to fiat currency.
d) A blockchain exclusively for NFTs.Correct Answer: a) Digital Silver to Bitcoin’s Digital Gold.
Explanation: Litecoin ($LTC) is considered digital silver because it was created as a fas…[Read more]
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scholareum posted an update in the group Blockchain Hub
1 week, 6 days ago$DOT’s primary goal is to:
a) Compete with Ethereum directly.
b) Build the Internet of Blockchains through interoperability.
c) Enable high-speed payments like $XRP.
d) Act as a stablecoin for cross-border trade.Correct Answer: b) Build the Internet of Blockchains through interoperability.
Explanation: Polkadot ($DOT) connects multiple…[Read more]
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scholareum posted an update in the group Blockchain Hub
1 week, 6 days ago$UNI powers which platform?
a) Binance Smart Chain
b) Ethereum Classic
c) Uniswap, a decentralized exchange
d) Polygon Layer-2 solutionsCorrect Answer: c) Uniswap, a decentralized exchange
Explanation: $UNI is the governance token for Uniswap, a leading decentralized exchange enabling peer-to-peer cryptocurrency trading.
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indictube posted an update in the group Blockchain Hub
1 week, 6 days ago$AVAX is focused on:
a) Providing a decentralized storage network.
b) Enabling eco-friendly and scalable blockchain solutions.
c) Replacing Bitcoin as digital gold.
d) Facilitating global payments.Correct Answer: b) Enabling eco-friendly and scalable blockchain solutions.
Explanation: Avalanche ($AVAX) is designed for high-speed and…[Read more]
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scholareum posted an update in the group Blockchain Hub
1 week, 6 days ago$LINK connects smart contracts to:
a) Mining pools.
b) Physical gold reserves.
c) Real-world data and external systems.
d) Other stablecoins.Correct Answer: c) Real-world data and external systems.
Explanation: Chainlink ($LINK) provides a decentralized oracle network, allowing smart contracts to securely interact with real-world data and APIs.