Ethereum, conceptualized in 2014 by programmer Vitalik Buterin, stands as a monumental pillar in the world of blockchain technology. At its essence, Ethereum is a decentralized, open-source platform powered by its native cryptocurrency, Ether (ETH). Unlike traditional systems that operate on centralized servers, Ethereum runs on a vast, interconnected network of computers, known as nodes. This globally dispersed setup ensures that the platform remains resilient against single points of failure and censorship. While Ethereum and Bitcoin, the inaugural blockchain protocol, both function as platforms facilitating digital money transfers, Ethereum's distinction lies in its broader utility. Ethereum serves as a platform for deploying "smart contracts," which are autonomous computer programs that automatically execute actions when certain conditions are met, reducing the need for intermediaries and enhancing transactional transparency. This feature has made Ethereum an indispensable tool for developers, offering them a canvas to create decentralized applications (DApps). These DApps can range from decentralized finance (DeFi) platforms to games, each tapping into Ethereum's robust infrastructure. As blockchain technology continues its ascent in the modern digital age, Ethereum's role as a facilitator for DApps underscores its relevance and potential for transformative impacts across various industries.
Copy trading enables individuals in the financial markets to automatically copy positions opened and managed by other selected individuals. Unlike mirror trading, a method that allows traders to copy specific strategies, copy trading links a portion of the copying trader's funds to the account of the copied investor.[1][2] Any trading action made thenceforth by the copied investor, such as opening a position, assigning Stop Loss and Take Profit orders, or closing a position, are also executed in the copying trader's account according to the proportion between the copied investor's account and the copying trader's allotted copy trading funds.[3] The copying trader usually retains the ability to disconnect copied trades and manage them themselves. They can also close the copy relationship altogether, which closes all copied positions at the current market price. Copied investors, who are called leaders or signal providers, are often compensated by flat monthly subscription fees on the part of a trader, a signal follower, seeking to copy their trades.[4] Apart from that, popular investors may earn up to 100% spread rebate on their personal transactions. The reward schemes serve to stimulate traders to allow others to monitor and copy their trades instead of trading privately.[2] Copy trading has led to the development of a new type of investment portfolio, which some industry insiders call "People-Based Portfolios" or "Signal Portfolios" (borrowing the terminology of the popular MetaQuotes Signal Marketplace). People-based portfolios differ from traditional investment portfolios in that the investment funds are invested in other investors, rather than traditional market-based instruments.[5] While followers do not pass capital into the accounts of the signal providers, the latter operate as portfolio managers de facto, as they have indirect control over a portion in the capital of the signal followers. Therefore, social trading networks provide an innovative framework for delegated portfolio management.[4] #sanor016CommUNITY #BinanceSqaure @sanor016
$BTC Whats Bitcoin? Bitcoin was created by Satoshi Nakamoto, a pseudonymous person or team who outlined the technology in a 2008 white paper. It’s an appealingly simple concept: bitcoin is digital money that allows for secure peer-to-peer transactions on the internet.
Unlike services like Venmo and PayPal, which rely on the traditional financial system for permission to transfer money and on existing debit/credit accounts, bitcoin is decentralized: any two people, anywhere in the world, can send bitcoin to each other without the involvement of a bank, government, or other institution.
Every transaction involving Bitcoin is tracked on the blockchain, which is similar to a bank’s ledger, or log of customers’ funds going in and out of the bank. In simple terms, it’s a record of every transaction ever made using bitcoin.
Unlike a bank’s ledger, the Bitcoin blockchain is distributed across the entire network. No company, country, or third party is in control of it; and anyone can become part of that network.
There will only ever be 21 million bitcoin. This is digital money that cannot be inflated or manipulated in any way.
It isn’t necessary to buy an entire bitcoin: you can buy just a fraction of one if that’s all you want or need. #sanor016CommUNITY @sanor016
In the world of crypto, it's not just about buying Bitcoin, it's about recognizing the value in the digital revolution. Are you selling fiat? #sanor016CommUNITY @sanor016
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