Behind every important cryptocurrency, there is often a smart contract that generates additional utility.
But what exactly is a smart contract? 🤔
*Smart contracts are self-executing digital agreements on blockchains* like Ethereum and BNB Smart Chain. They automatically enforce the terms of the contract without the need for intermediaries.
*Why they are important:* ✅ Transparency: everyone can see the rules and the outcomes ✅ Security: tamper-proof once implemented on the blockchain ✅ Decentralization: no authority controls it ✅ Efficiency: automates processes and reduces manual work
Smart contracts are the backbone of *DApps* and enable decentralized finance, games, NFTs, and more.
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Box🎁BNB 1000 correct answers will open Box🎁💸🎉 and share. Question for the post: ❓ What is "Liquidation Price" on Binance Futures?
Options (as you publish for the community): A) This is the price at which I open a deal B) This is the price where the exchange automatically closes my position if I lack margin C) This is the guaranteed price of my profit D) This is the overnight fee
🎁 RED PACK BOX EVENT 🎁 Only for active traders of Binance Square 🔥
Question: What is "Liquidation Price" on Binance Futures?
A) The price at which I open a deal B) The price where the exchange automatically closes my position if there is not enough margin C) The guaranteed price of my profit D) The overnight fee
Respond in the comments with the letter (A / B / C / D). The first 1000 correct answers will get access to the box 🎁
Good luck and don't forget to keep your margin 🙃 #futures #BianceSquare #BTC #RED #Box $BNB $BTC $ETH
Bitcoin was created in 2008 by an individual or group of individuals under the pseudonym Satoshi Nakamoto. The creation of Bitcoin is described in the white paper "Bitcoin: A Peer-to-Peer Electronic Cash System" published in October 2008.
*The White Paper:*
The white paper describes a peer-to-peer electronic cash system that uses cryptography to secure transactions and control the creation of new units. The system is based on a decentralized network of nodes that verify and record transactions in a public ledger called blockchain.
*The Source Code:*
In January 2009, Satoshi Nakamoto published the source code of Bitcoin on SourceForge, a website for open-source software development. The source code was written in the C++ programming language and was designed to be executed on a decentralized network of computers.
*The First Transaction:*
The first Bitcoin transaction took place on January 12, 2009, when Satoshi Nakamoto sent 10 bitcoins to a developer named Hal Finney.
*The Mystery of Satoshi Nakamoto:*
The identity of Satoshi Nakamoto remains a mystery. Several theories have been proposed about who might be behind the pseudonym, but none have been confirmed.
The cryptocurrency market has experienced significant volatility recently, driven by factors such as institutional adoption, government regulation, and technological innovation.
*Current Trends:*
- *Institutional Adoption*: The adoption of cryptocurrencies by financial institutions and companies is on the rise, which could drive demand and prices. - *Government Regulation*: Government regulation is evolving, with some countries adopting a more favorable stance towards cryptocurrencies, while others are implementing stricter regulations. - *Technological Innovation*: Technological innovation in the cryptocurrency space is booming, with new projects and technologies emerging constantly.
*Technical Analysis:*
- *Bitcoin*: The price of Bitcoin has been on an upward trend recently, with key support at $60,000 and resistance at $70,000. - *Ethereum*: The price of Ethereum has been following the trend of Bitcoin, with key support at $3,000 and resistance at $4,000.
*Risks and Opportunities:*
- *Risks*: Market volatility, government regulation, and security are some of the risks associated with cryptocurrencies. - *Opportunities*: Institutional adoption, technological innovation, and the growing demand for cryptocurrencies are some of the opportunities that could drive market growth.
The cryptocurrency market has experienced significant volatility recently, driven by factors such as institutional adoption, government regulation, and technological innovation.
*Current Trends:*
- *Institutional Adoption*: The adoption of cryptocurrencies by financial institutions and companies is on the rise, which could drive demand and prices. - *Government Regulation*: Government regulation is evolving, with some countries adopting a more favorable stance towards cryptocurrencies, while others are implementing stricter regulations. - *Technological Innovation*: Technological innovation in the cryptocurrency space is booming, with new projects and technologies emerging constantly.
*Technical Analysis:*
- *Bitcoin*: The price of Bitcoin has been on an upward trend recently, with key support at $60,000 and resistance at $70,000. - *Ethereum*: The price of Ethereum has been following the trend of Bitcoin, with key support at $3,000 and resistance at $4,000.
*Risks and Opportunities:*
- *Risks*: Market volatility, government regulation, and security are some of the risks associated with cryptocurrencies. - *Opportunities*: Institutional adoption, technological innovation, and the growing demand for cryptocurrencies are some of the opportunities that could drive market growth.
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