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Top 30 coins at 2022-01-18 22:23:52
↗️+0.61 Bitcoin BTC $42352.96 $801884521305
↗️+0.59 Ethereum ETH $3167.57 $377625386026
↗️+0.03 Tether USDT $1 $78372047906
↗️+0.95 BNB BNB $470.78 $77732843899
↗️+1.41 Cardano ADA $1.49 $49921920793
↘️-0.05 USD Coin USDC $1 $45748037114
↗️+0.26 Solana SOL $140.67 $44191040063
↗️+0.56 XRP XRP $0.76 $36072844648
↗️+0.86 Terra LUNA $80.37 $28768045019
↗️+0.13 Polkadot DOT $25.23 $24913857885
↗️+0.53 Dogecoin DOGE $0.17 $22065663820
↗️+0.77 Avalanche AVAX $86.18 $21058834747
↗️+0.44 Polygon MATIC $2.16 $15763494294
↗️+0.38 Shiba Inu SHIB $0 $15549726664
↘️-0.03 Binance USD BUSD $1 $14297706829
↗️+0.64 Wrapped Bitcoin WBTC $42140.2 $11246408417
↗️+0.47 Crypto.com Coin CRO $0.44 $11186150929
↗️+0.72 NEAR Protocol NEAR $17.75 $10931076437
↘️-0.04 TerraUSD UST $1 $10752671855
↗️+0.93 Chainlink LINK $22.96 $10722561932
↗️+0.84 Uniswap UNI $16.13 $10115556430
↗️+0.25 Litecoin LTC $142.35 $9885481098
↗️+0.02 Dai DAI $1 $9701301582
↗️+0.52 Cosmos ATOM $38.9 $8799079764
↗️+0.77 Algorand ALGO $1.32 $8563618852
↗️+0.88 Fantom FTM $2.97 $7553709188
↗️+0.18 Bitcoin Cash BCH $383.39 $7268654887
↗️+0.42 TRON TRX $0.07 $7011198861
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Market information on 2022-01-18 22:23:53
Market capitalization: $ 2006 billion (+ 3.1%) ? (against $ 1930 billion yesterday morning).
Weighted average Bitcoin rate $42353 (+0.60535607 %) ? with a capitalization of $ 802 billion and a dominance index of 40%
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What is Bitcoin? What is blockchain? What is mining? Where are your coins stored? (wallet addresses, keys) What is cryptocurrency and why would I need it? Where can you spend your Bitcoin? What are altcoins and where can I buy them? What is Ethereum? What is the difference between Bitcoin and Bitcoin Cash? What is the Lightning Network? What is Tether (USDT)? When would you use it? Top crypto resources that you should follow Ten commandments of cryptocurrency investing. Remember this important Commandment of Crypto: “YOUR private keys = YOUR bitcoin; NOT YOUR private keys = NOT YOUR bitcoin!” For cryptocurrencies, cryptography not only secures the network itself but also secures transactions and stored funds. As you start using cryptocurrencies, it is important to understand the basic concepts of how wallet addresses and public and private keys work. First, some basic terminology. It is very important to understand the difference between a lot of the jargon you will come across with respect to storing your coins, so that you make sure they are safe and accessible only to you. Cryptocurrency Wallet: This refers to an app, software, or hardware that manages your crypto wallet addresses and private keys. It lets you interact with the blockchain and complete transactions. The term wallet might be confusing because unlike a physical money wallet, a cryptocurrency does NOT hold your cryptocurrency funds (these are held in the public ledger of the blockchain). Because your crypto wallet only controls the KEYS (public and private keys) to access your wallet addresses on the blockchain, you can better remember that cryptocurrency wallet is a KEY WALLET (or KEY CHAIN) instead of a MONEY wallet. Crypto Wallet address: This is automatically generated by wallet software or by an address generation program. It is a string of digits in a specific format that is recognized by the cryptocurrency’s network and is used to receive transactions. Your wallet address can be shared publicly so people know where to send you funds. Think of this as your blockchain “bank account”. Public/private key pair : Your wallet address is derived from two strings of digits: the public and private key pair. To authorize a transaction, you enter with your private key, proves ownership of the funds stored in your wallet address. This is a different string of digits than the wallet address, and it is essential that you keep your private key secret and NEVER share it with ANYONE ! No one other than you should ever see your private key because the person that controls the private key owns the funds in a wallet address. If someone steals your private key, there is no way to prove that the coins are yours. When your wallet software generates your private key, write it on a piece of paper and keep it in a safe place – if it is stored on your computer then there is the chance it can be hacked and stolen. A public key is derived from the private key, and used to create the wallet address. The public key is used in the digital signature of a transaction so the network can verify that the private key was used to sign that transaction. This way, the private key doesn’t have to be revealed when the transaction is broadcasted to the network. Usually, it is not necessary to deal with the public key directly, this is handled by your wallet software. You really only need to think about your wallet address (used to receive funds) and private key (keep secret and back up.) Generating a wallet address. To visualize the process of generating a public/private key pair and corresponding wallet address, we have included a simplified schematic overview:, buy polkadot in jakarta. With a key/wallet generation program, you can generate wallet addresses. Most wallet software programs have this function built in already and you will not have to deal with this part. The software needs a random number input. The software generally also does this automatically, or will require the user to generate some form of randomness, for example by moving their mouse over the screen for a period of time. With this random number, the algorithm of the key generation software will generate your private key The software will use the private key to generate the public key (again, you usually will not have to worry about this.) From the public key, your wallet address will be generated. Note: The amazing thing about the algorithmic generation of the wallet address from the private key is that generating the public key and wallet address is easy, but doing the reverse calculation from wallet address to private key is effectively impossible! This is what secures the funds in your wallet address. Your wallet is all set up – ese your new wallet address to send and receive coins! It is essential to understand that the newly generated wallet address does not yet exist on the blockchain. If you try to find it with a blockchain explorer, it will not show up. That is because it was created without interacting with the blockchain network, and will only be recorded on the blockchain after it is used for a transaction. After a transaction that uses the address is included in a new block, it will be visible on the blockchain via a blockchain explorer, and the updated balance of the wallet will become visible in the wallet software. Side note: this is why cryptocurrency is referred to as a permissionless payment system: you don’t need permission from anyone to participate in the system! When you generate a wallet address with a private key and receive a transaction, you are already participating in the network. 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