Friends – Timeline – Yellow Page Gulf

scholareum posted an update
1 month, 2 weeks ago

What 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 passwords

Answer: 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
1 month, 2 weeks ago

How 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 records

Answer: A) By using encryption and decentralization
Explanation: Blockchain technology ensures security through encryption and decentralization, making it…[Read more]
scholareum posted an update
1 month, 2 weeks ago

What 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 service

Answer: 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.

1 Comment
- scholareum
  replied 1 month, 2 weeks 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 cryptocurrency
  
  Answer: 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]
  
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scholareum posted an update
1 month, 2 weeks ago

What is an NFT?
A) A type of cryptocurrency
B) A unique digital collectible
C) A blockchain ledger
D) A financial bank account

Answer: B) A unique digital collectible
Explanation: NFTs, or Non-Fungible Tokens, are unique digital items verified using blockchain technology.
scholareum posted an update
1 month, 2 weeks ago

What 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 institution

Answer: 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
1 month, 2 weeks ago

Which of the following is the first cryptocurrency?
A) Ethereum
B) Bitcoin
C) Dogecoin
D) Litecoin

Answer: B) Bitcoin
Explanation: Bitcoin was the first cryptocurrency, created in 2009 by Satoshi Nakamoto.
scholareum posted an update
1 month, 2 weeks ago

What 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 account

Answer: 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
1 month, 2 weeks ago

What is barter?
A) Trading goods and services directly without money
B) A type of cryptocurrency
C) A digital wallet
D) A form of physical money

Answer: 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, 3 weeks ago

10 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 […]

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scholareum posted an update in the group Crypto Scams
1 month, 3 weeks ago

A crypto scam is a fraudulent scheme that exploits the use of cryptocurrencies to deceive people and steal their money or assets. These scams often prey on the lack of regulation, anonymity and technological complexity of the crypto space to mislead victims.

Common Characteristics of Crypto Scams:

False Promises: Offering unrealistic returns on…[Read more]
scholareum posted an update in the group Blockchain in India
1 month, 3 weeks ago

Restoring Trust: 5 Ways Blockchain Can Revolutionize Governance in India.

Immutable Records = Zero Corruption

– Blockchain’s tamper-proof ledger ensures government records (land titles, public funds, ration cards, etc.) cannot be altered or forged, eliminating corruption and ensuring fairness.
– Every citizen can verify records transparently,…[Read more]
scholareum posted an update in the group Blockchain in India
1 month, 3 weeks ago
Blockchain-Powered Revolution: Building a 100% Trustworthy Ration Card Ecosystem in India.
Here’s how it can be leveraged effectively:

1. Immutable and Transparent Ledger for Ration Card Data
Store ration card details, family member data and biometric information on a decentralized blockchain ledger.
Each update (e.g., new registration, m…[Read more]
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scholareum wrote a new post
1 month, 3 weeks ago

SCHOLAREUM.COM: Learn Blockchain Earn Crypto & Win Scholarships

At SCHOLAREUM.COM, we believe that learning should be rewarding and exciting. Our platform is designed to help you explore the […]

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scholareum posted an update
1 month, 3 weeks ago

Learn and earn, it’s all in the flow,
Quiz and engage, watch your crypto grow!
Make friends, connect, and take your chance,
Win scholarships, grants and advance!
#bitcoin #ethereum $btc $eth #scholareum
scholareum posted an update in the group Crypto Scams
1 month, 3 weeks ago
CRYPTO SCAM: FTX Collapse (2022):

One of the most significant crypto scams in recent history was the collapse of the FTX exchange, founded by Sam Bankman-Fried. Promoted as a highly secure platform, FTX attracted millions of users and substantial institutional investments. However, it was revealed that the company had misused customer funds to…[Read more]
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5 Comments
- scholareum
  replied 1 month, 3 weeks ago
  
  CRYPTO SCAM: LUNA and UST Crash (2022)
  The Terra (LUNA) and its algorithmic stablecoin, TerraUSD (UST), became the center of a massive crypto collapse in 2022. LUNA’s creator, Do Kwon, promised a stable and decentralized currency, but the system’s design flaws led to a catastrophic failure. When UST lost its peg to the U.S. dollar, a death spi…[Read more]
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- scholareum
  replied 1 month, 3 weeks ago
  
  CRYPTO SCAM: BitConnect Ponzi Scheme (2018)
  BitConnect was one of the earliest and most infamous crypto Ponzi schemes. The platform promised investors guaranteed returns of up to 40% per month through a lending program allegedly powered by a proprietary trading bot. In reality, the platform had no such technology and was operating as a classic…[Read more]
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scholareum created the group Crypto Scams
1 month, 3 weeks ago

Crypto Scams
Public GroupMembers 2
scholareum posted an update
1 month, 3 weeks ago

Want to earn some easy crypto money;
start with Binance Academy -> https://academy.binance.com/en/
scholareum wrote a new post
2 months ago

Building Public Trust Through Blockchain: How Governments Can Achieve Transparency and Accountability

In an era where public trust in government institutions continues to decline, blockchain technology emerges as a powerful tool for […]

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scholareum created the group Alumni and Mentorship Group
2 months ago

Alumni and Mentorship Group
Private GroupMembers 2
indictube joined the group Fellowship Programs
2 months ago

Fellowship Programs
Public GroupMembers 3

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10 Most Notorious Crypto Scams: Lessons from the Dark Side of Blockchain

SCHOLAREUM.COM: Learn Blockchain Earn Crypto & Win Scholarships

Building Public Trust Through Blockchain: How Governments Can Achieve Transparency and Accountability