Author: dfmines

Cryptocurrency News and Public Mining Pools

How does CoinGecko and similar sites ensure the correctness?

How does CoinGecko and similar sites ensure that if you add a new token in their system (submit the request to be listed) that you are in fact the owner of that token? submitted by /u/i_like_dolphins_ [link] [comments]

Belarus president Lukashenko calls on state to mine cryptocurrency

Belarus has lots of abandoned industrial sites that could be used to generate revenue through cryptocurrency mining, the Belarusian president said.

Countering the spam in comments: less karma for extreme number of comments

Summary Comments' karma is worth 2x more than posts' karma. There are limits to how many posts you can publish but there aren't any limits regarding comments. This is why r/cryptocurrency was constantly #2 top sub(!) in terms of comments per day in August (see the image below). People farm Moons by writing more than…
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Chinese Banks Seek New Applications for Digital Yuan in Investment and Insurance

Two Chinese banks are expanding their pilot programs for the digital national fiat. The state-owned financial institutions have revealed they are aiming to allow digital yuan holders to acquire investment funds and insurance products using the new currency. Chinese Banks Partner With Fund Managers and Insurers in Search of Digital Yuan Use Cases China Construction […]

Gwei Vs. Amount Sent = ?

Trying to figure out what the mathematical equation is to figure out if I have $1000 (approx 0.3 ETH) worth of ETH that I want to send, and the gas price is at 72 gewi, how much can the recieveing end expect to get? Been doing some Google-fu for about 30 minutes and I must…
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Crypto is too big to exist outside of public policies, warns SEC chair

SEC boss Gary Gensler believes crypto assets need to act within a public policy framework to survive over the long term.

Serious question about what’s special about Eth

I understand the importance of smart contracts and know Ethereum was the pioneer. However, there's cosmos, fantom, etc. Which in my limited knowledge can do the same thing. Ive never really understood what makes Eth so special, and am looking for some enlightenment. So what makes it stand out from other smart contract cryptos? …
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Ethereum price breaks $3,500 and hits 3-month highs against Bitcoin

The second-largest cryptocurrency reaches its best levels against Bitcoin and the dollar in more than three months.

Stuck in L1?

Do I need to worry about my Ether and so forth getting "stuck" in L1 in the sense that, some day L2's might be where all the action happens, and L1 is a "settlement layer" and therefor very (more so) expensive to move in or out of? I can imagine a world where the cost…
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