bitonfeed.com

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Address:
Granary Square
London N1C
England
United Kingdom
Phone number:
070 6484 5621
WebSite:

OPEN HOURS

Monday
9:00 - 17:00
Tuesday
9:00 - 17:00
Wednesday
9:00 - 17:00
Thursday
9:00 - 17:00
Friday
9:00 - 17:00
Saturday
9:00 - 17:00
Sunday
9:00 - 17:00

Accepted payments

Delta payment accepted Cash payment accepted Diner's club payment accepted Mastercard payment accepted

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Company description

Hello, my name is Sendependa Verkisto. I run the BitOnFeed blog. It is a real and useful tool that will help aspiring crypto-entrepreneurs succeed.
What is blockchain? Don't be in awe of the technical language that people use to explain "blockchain." Blockchain is essentially a database. It's also simple to create - you can do it in an excel spreadsheet.
They are distinct. They are first, only intended for addition. It is possible to add information to blockchains.
In addition, each record in the database (called a "block") is encrypted and linked to the prior record. Simply put, each new record should contain some kind of digital fingerprint (hash) of the preceding one.
Each fingerprint connects to the preceding one, and you'll get a chain. Also, as cool people call it the blockchain.
Blockchain is immutable. If you alter a block, it alters the fingerprint. And because that fingerprint is included in the next block, the following block also changes. You end up with an effect of dominoes where every change becomes obvious. There is no way to change information without anyone noticing.
Although most believe that blockchain is fairly secure, there are downsides to this technology.
Scalability is the most important issue. Scalability is the primary issue. This means that transactions are more difficult to process when users increase. For example, the second-highest capitalized cryptocurrency, ether, faced this problem. It took years to be resolved by the company.
The "51 percent attack" is a different risk. This occurs when a tiny amount of users on the network with lots of computing power decide to modify records in a block. This is exactly what Bitcoin SV; a cryptocurrency was recently experiencing. Hackers gained control of the Bitcoin SV network, and have compromised over 570,000 transactions.
The lack of testing is another issue in blockchains which aren't utilized to create cryptocurrency. Cryptocurrencies often have test networks which allow developers to find vulnerability in networks. Companies rarely test their blockchains in this manner, and they are more susceptible to hacker attacks.
To help you as a newbie crypto-entrepreneur succeed in the cryptocurrency industry, read our blog https://bitonfeed.com/, we do everything in easy-to-understand language.

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