Hello, dear community. In this post, we will tell you about the influence of halving on the development of the cryptosphere.
⠀ What is halving?
It’s probably from the name that Halving is a halving. That is, with each new halving, the reward of miners for each block added to the blockchain is halved. Currently, miners receive a reward of 12.5 bitcoins per block. Remuneration reduction occurs every 4 years or after approximately every 210 thousand blocks added.
⠀⠀How does it affect the cryptosphere?
In such a situation, different cryptocurrencies can behave differently. In the best case, cryptocurrency can grow in price. Due to this, the profitability of mining can increase, thereby reducing the likelihood of the “51% attack”. However, this will also lead to a decrease in the yield of the asset’s extraction. In the worst case, there will be a decrease in the number of miners and a drop in the value of the coin.
It is very difficult to make accurate predictions about the development of the cryptosphere, which is typical for cryptocurrencies in general.
“The study shows that assets carrying out halving - both before and after it - do not work better than other market participants. In terms of the two most notable cryptocurrencies with Bitcoin (BTC) and Litecoin (LTC) halving, we see the opposite behaviour,” said Strix Leviathan experts.
In PZM Cash, each member of the network receives a reward for his work. It consists of two parts: commissions from the total amount of transactions that are included in the block (here some realize the ability to set a higher commission in their transaction so that the miner has an incentive to add a transaction to the block he forms), and a fixed fee for the block (for mining). A fixed block reward may decrease over time, for example, how bitcoin halving works.
Thanks to the improved PoS algorithm, a very wide circle of users got the opportunity to participate in the network and receive rewards in PZM Cash.
Join the PZM Cash community and get your rewards!
Website: PZM Cash is a cryptocurrency created as a means of payment for a fast-growing digital ecosystem in which the economic motives of each individual participant provide an increase in the overall wealth and wellbeing of the entire community.
Twitter: Prizmcash (@prizmcash) | Twitter
Telegram: PZM CASH EN Community
QYKBAR – Disrupting Future $2 Trillion Alcohol Industry with Patented Blockchain Technology, ICO commences 15th Feb
Have you ever noticed how expensive it is to buy drinks from the BAR? When you are buying drinks individually the prices can really add up. What if you can buy and pay better prices at any bar. That’s where QYKBAR (pronounced as “quick-bar”) comes in.
QYKBAR is your very own virtual bar, on the cloud. It allows user to choose and stock their favorite drinks on the cloud for consumption at any bar of their choice and at any location. Consumers don’t have to worry about prices as QYKBAR standardizes drinks prices for them across different bar categories. IMAGINE having your favorite drinks stocked in the cloud for you, ready where ever you go.
Additionally, QYKNBAR benefits bar owners by giving them a platform to manage inventory and gain more customers. Bars can also combine their supply orders with other bars to get bulk rates from suppliers, bringing in additional savings to them.
Alcohol industry is growing globally at a fast pace and it is expected to reach 2 trillion USD sales by the end of 2025. QYK with its PATENTED blockchain technology aims to disrupt it with its revolutionary idea. QYK aims to be the world’s first decentralized platform to buy, sale and consume and trade alcohol on the cloud. By connecting bars, consumers, distributors and suppliers through patented blockchain technology, QYK is creating a new decentralized ecosystem.
QYK ICO commences on February 15th, 2018. Visit QYK - Your personal bar, on the cloud! for further information.
QYKBAR is the UBER for the Alcohol industry. We are changing the whole concept of Bar by taking it to the cloud. With QYKBAR, you can choose and stock your drinks on the cloud at low prices and consume at any number of bars and restaurants worldwide. QYKBAR will change your alcohol consumption experience forever!
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Find QYKBAR on Facebook –Log In or Sign Up to View
Follow QYKBAR on Twitter –QYK (@QYKBAR) | Twitter
Follow QYKBAR on Medium –QYKBAR – Medium
QYKBAR on Reddit –QYKbar.io (u/QYKBAR) - Reddit
QYKBAR on GitHub –https://github.com/QYKBar
Find QYKBAR on LinkedIn - https://www.linkedin.com/in/QYKBar-bar-50b204156/
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Alright, Jackobian is hosted on a Web Hosting company that accepts Bitcoins as payment gateway! That's exciting because Bitcoin Is freaking exciting! Besides, there aren't so many places in Nigeria where you can spend Bitcoin on something as we discussed earlier.
Am sure you have heard of Namecheap before if you have been into websites and hosting. They are pretty popular and serves customers in different countries.
And yes, they accept Bitcoin as a payment option!
Other Popular web Hosting Services that shop Bitcoin Payment Include:
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There are many more but these are the popular ones actually. Also they don't cost much to get engaged with!
By the way,are you new to Bitcoins? Please click here => Bitcoin-in-1-week Tutorial For Nigerians, Turning Newbies 2 Pro
Hope this helps make your life easier and your payments stressless with of course, much less charges than credit card payments