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Describedot

@describedot

Our goal is to help you learn about the decentralized web and why this is called the future of internet. We will explore @Polkadot and @Kusamanetwork

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linkhttps://describedot.page.link/youtube-channel calendar_today24-08-2021 12:49:43

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Day #8/100 ⮕ What is a Hardware Wallet? Protect Your Crypto with a Hardware Wallet! 🔒 A hardware wallet is a physical device that securely stores your cryptocurrency offline, keeping it safe from hackers. If you value your digital assets, understand how a hardware wallet

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Day #9/100 ⮕ Interoperability in Blockchain Interoperability allows different blockchains to communicate and exchange data seamlessly, opening up new possibilities for cross-chain interactions. ---------------- Hindi ⮕ Jaise mobile networks ke beech communication possible

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Day #10/100 ⮕ JSON JSON (JavaScript Object Notation) is a lightweight and versatile data format used in cryptocurrency exchanges, APIs, and blockchain applications. It stores data in a simple, human-readable format, making it ideal for efficient data exchange across

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Day 11/100 ⮕ Public and Private Keys in a Blockchain In #blockchain, Keys are the backbone of #security. Public Keys receive #crypto, and Private Keys keep your assets safe. Learn how these keys protect your digital wealth and ensure #decentralized trust! 🚀 See our

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Day 12/100 ⮕ Liquidity Liquidity plays a crucial role in the trading of digital assets, influencing how easily they can be bought or sold without affecting the #marketprice. Understanding liquidity is essential for both beginners and seasoned #investors. --------------

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Day 13/100 ⮕ Metaverse The Metaverse is a virtual reality space that blurs the lines between digital and physical worlds. A Glimpse to Metaverse, its connection to #cryptocurrency, and how it has the potential to reshape the future. It presents a new and exciting use case for

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Day 14/100 ⮕ NODES Ever wondered how blockchain networks stay secure and decentralized? It’s all thanks to Nodes! #Nodes store data, verify transactions, and maintain consensus across the network. ---------- Hindi ⮕ Chahe aap Bitcoin, Ethereum, ya Polkadot use karte ho,

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⚡ In an exclusive interview with Cointelegraph, Gavin Wood, a co-founder of Ethereum and the creator of Polkadot, discusses how to increase the adoption of Web3 by Web2 users. “My biggest hope is that we can essentially make transactions free”️

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Day 15/100 ⮕ On-Chain On-Chain refers to the activities, transactions, and data that are directly executed on the blockchain network and permanently recorded on the blockchain ledger. From smart contracts on #Ethereum to #transactions validated by nodes using #consensus

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Day 16/100 ⮕ Peer to Peer or P2P A peer-to-peer system allows transactions to occur directly between two individuals without the need for an intermediary. Just like farmers dealing directly with consumers, P2P keeps everything fast and scalable. ------------- Hindi ⮕ P2P

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Day 17/100 ⮕ Query A Query in blockchain is like asking a librarian for a specific book—Whether it's tx history or Smart contract states, queries give you easy access to the data. #query #blockchainquery #databasequery Bitcoin Polkadot Devs QuestDB GameChanger Wallet ETHSafari

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Day 18/100 ➡️ Runtime #Runtime is the environment where all the rules and logic of a blockchain network are executed, from smart contracts to consensus algorithms and governance protocols. #blockchain Polkadot Devs CZ 🔶 BNB CoinMarketCap Coinbase 🛡️ Polkadot Js Plus extension

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Day 19/100 ⮕ Staking Staking is a process where you lock your cryptocurrency assets to support a blockchain network, and in return, you earn rewards. This method is commonly used in Proof of Stake (#PoS) blockchains, where users stake their coins to contribute to the security

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Day 20/100 ⮕ Transaction Cryptocurrency transfers are the most common type of transaction, where users send coins or tokens from one wallet to another. Additionally, smart contracts executed on the blockchain are also recorded as transactions, whether it’s an action taken on

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Day 21/100 ⮕ UI (User Interface) The UI is the screen that allows you to interact with any software, app, or website through a combination of buttons, menus, forms, and visuals. . For blockchain applications like crypto wallets, having a user-friendly UI is crucial so users

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March was a highly productive month for the Polkadot ecosystem, packed with significant developments. From technical upgrades and a partnership with the AT Protocol to Hyperbridge teaming up with TVVIN for RWA, and the integration of Asset Hub into Uphold Protocol, the

March was a highly productive month for the <a href="/Polkadot/">Polkadot</a>  ecosystem, packed with significant developments. From technical upgrades and a partnership with the AT Protocol to <a href="/hyperbridge/">Hyperbridge</a>  teaming up with TVVIN for RWA, and the integration of Asset Hub into Uphold Protocol, the