BITCOIN 105
Thursday, 17 June 2021
Bitcoin 4
BITCOIN
The course is offered at the Certificate Level. It is a full time course of 2 years.
The course is basically for those candidates who have interest in starting their career as primary teacher.
It is a career-oriented course. It is a 2- year certificate course which helps the candidates to work as the primary teacher in government schools after completing the course.
They can apply in any of the government schools to work as Assistant Teacher. Basically, in every state, there are institutions which are offering BTC.
The tuition fees by average for Basic Training Certificate [BTC] comes between INR 8,000 to INR 1.3 Lakh for the span of two years.
Thursday, 3 June 2021
How Does Bitcoin Mining Work?
What Is Bitcoin Mining?
Bitcoin mining is the process by which new bitcoins are entered into circulation, but it is also a critical component of the maintenance and development of the blockchain ledger. It is performed using very sophisticated computers that solve extremely complex computational math problems.
Cryptocurrency mining is painstaking, costly, and only sporadically rewarding. Nonetheless, mining has a magnetic appeal for many investors interested in cryptocurrency because of the fact that miners are rewarded for their work with crypto tokens. This may be because entrepreneurial types see mining as pennies from heaven, like California gold prospectors in 1849. And if you are technologically inclined, why not do it?
However, before you invest the time and equipment, read this explainer to see whether mining is really for you. We will focus primarily on Bitcoin (throughout, we'll use "Bitcoin" when referring to the network or the cryptocurrency as a concept, and "bitcoin" when we're referring to a quantity of individual tokens).
#How Does Bitcoin Mining Work? #BITCOIN #BTC
Wednesday, 2 June 2021
How to Buy Bitcoin
Investing in Bitcoin can seem complicated, but it is much easier when you break it down intosteps. Buying Bitcoin is getting easier by the day and the legitimacy of the exchanges and wallets is growing as well.
KEY TAKEAWAYS
The value of Bitcoin is derived from its adoption as a store of value and payment system, as well as its finite supply and decreasing inflation.
While it is nearly impossible for Bitcoin itself to be hacked, it is possible for your wallet or exchange account to be compromised. This is why practicing proper storage and security measures is imperative.
Investing or trading Bitcoin only requires an account on an exchange, though further safe storage practices are recommended.
Before You Buy Bitcoin
There are several things that every aspiring Bitcoin investor needs. A cryptocurrency exchange account, personal identification documents if you are using a Know Your Customer (KYC) platform, a secure connection to the Internet, and a method of payment. It is also recommended that you have your own personal wallet outside of the exchange account. Valid methods of payment using this path include bank accounts, debit cards, and credit cards. It is also possible to get Bitcoin at specialized ATMs and via P2P exchanges. However, be aware that Bitcoin ATMs were increasingly requiring government-issued IDs as of early 2020.
Tuesday, 1 June 2021
How Bitcoin Works
Fortunately, it's easier to define what Bitcoin actually is. It's software. Don't be fooled by stock images of shiny coins emblazoned with modified Thai baht symbols. Bitcoin is a purely digital phenomenon, a set of protocols and processes.
It also is the most successful of hundreds of attempts to create virtual money through the use of cryptography, the science of making and breaking codes. Bitcoin has inspired hundreds of imitators, but it remains the largest cryptocurrency by market capitalization, a distinction it has held throughout its decade-plus history.
(A general note: according to the Bitcoin Foundation, the word "Bitcoin" is capitalized when it refers to the cryptocurrency as an entity, and it is given as "bitcoin" when it refers to a quantity of the currency or the units themselves. Bitcoin is also abbreviated as "BTC." Throughout this article, we will alternate between these usages.)
Bitcoin vs. Ethereum: What's the Difference?
Bitcoin vs. Ethereum: An Overview
Ether (ETH), the cryptocurrency of the Ethereum network, is arguably the second most popular digital token after bitcoin (BTC). Indeed, as the second-largest cryptocurrency by market cap, comparisons between Ether and BTC are only natural.
Ether and bitcoin are similar in many ways: each is a digital currency traded via online exchanges and stored in various types of cryptocurrency wallets. Both of these tokens are decentralized, meaning that they are not issued or regulated by a central bank or other authority. Both make use of the distributed ledger technology known as blockchain.KEY TAKEAWAYs
- Bitcoin signaled the emergence of a radically new form of digital money that operates outside the control of any government or corporation.
- With time, people began to realize that one of the underlying innovations of bitcoin, the blockchain, could be utilized for other purposes.
- Ethereum proposed to utilize blockchain technology not only for maintaining a decentralized payment network but also for storing computer code which can be used to power tamper-proof decentralized financial contracts and applications.
- Ethereum applications and contracts are powered by ether, the Ethereum network’s currency.
- Ether was intended to complement rather than compete with bitcoin, but it has nonetheless emerged as a competitor on cryptocurrency exchanges.
Saturday, 29 May 2021
BITCOIN
The course is offered at the Certificate Level. It is a full time course of 2 years.
The course is basically for those candidates who have interest in starting their career as primary teacher.
It is a career-oriented course. It is a 2- year certificate course which helps the candidates to work as the primary teacher in government schools after completing the course.
They can apply in any of the government schools to work as Assistant Teacher. Basically,
in every state, there are institutions which are offering BTC.
The tuition fees by average for Basic Training Certificate [BTC] comes between INR 8,000 to INR 1.3 Lakh for the span of two years.