doge trade🤑#gemingraviyasl | GEMING RAVIYA SL on Binance Square

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GEMING RAVIYA SL

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doge trade🤑#gemingraviyasl  

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@GEMING RAVIYA SL How Does Binance Coin Work? As we just explained Binance Coin is pretty much a typical cryptocurrency, despite being directly linked to a major crypto exchange platform. Being a typical crypto means that Binance Coin is a decentralized, digital currency that exists using blockchain technology. Originally, Binance Coin used the Ethereum blockchain network. It now uses the Binance chain blockchain, which is Binance’s own dedicated blockchain. The managers of Binance Coin maintain the coin’s value by using 20% of their profits every quarter to “burn” (i.e. to permanently pull out of circulation) unsold Binance Coin. #Write2Earn! $BTC

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@GEMING RAVIYA SL How Does Solana Work? What makes the decentralized Solana network so efficient? The answer is its reliance on proof-of-stake, as opposed to the older proof-of-work. With traditional proof-of-work, cryptocurrencies need to be mined by solving puzzles. Proof-of-stake is a validation process that skips the mining and the puzzles. All participants have to do is lock their coins into the network. Participants who lock in their coins like this qualify to be randomly and passively selected to add blocks to the blockchain (and receive rewards). You can see why this is so much better for streamlining the process than solving puzzles. Far less energy is spent, which is what makes the system so efficient, scalable, affordable, and eco-friendly. Indeed, Solana goes a step further, integrating an additional process called “proof-of-history.” According to Solana, this special process speeds up validation over what would be possible through proof-of-stake alone. #Write2Earn! $BTC

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@GEMING RAVIYA SL How Does Dogecoin Work? Dogecoin operates on a blockchain, a decentralized and distributed ledger that records all transactions across a network of computers. It uses a proof-of-work consensus mechanism, similar to Bitcoin (BTC), where miners solve complex mathematical puzzles to validate transactions and add blocks to the blockchain. This process ensures security and transparency within the Dogecoin network. #Write2Earn! $BTC

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@GEMING RAVIYA SL How does Pepe work? Pepe is built on the Ethereum network. This means that its transaction validation model is similar to that of Ethereum’s. To approach Pepe with a better understanding, consider exactly how the project operates. #Write2Earn! $BTC

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