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1

Crypto Discussion / What is Dogecoin? How does it work?

« on: March 03, 2022, 11:21:25 AM »

Dogecoin was created by Billy Markus and Jackson Palmer as a peer to peer open-source cryptocurrency which operates on a script based network, thus enabling faster transactions all over the world. It was launched in December 2013 and had a Shibu Inus (Japanese dog breed) as its logo which is also a very well known meme on the internet. After the price of Bitcoin soared to $1,083 USD in 2013 and cryptocurrency started gaining traction and became subjected which was being broached by a lot of experts, the creators of Dogecoin decided that cryptocurrency is being taken quite seriously and ended up creating a Dogecoin as a small joke. The cryptocurrency went on to amass quite a fan following and ended up developing a huge crypto community of its own. The coin has largely been used by the crypto community for charitable purposes.

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2

Cryptocurrency Gaming & Gambling / Why DeFi is Gaining Popularity? What are the Top 10 DeFi Crypto Projects in 2022

« on: March 02, 2022, 06:49:39 PM »

Today’s financial market is flooded with decentralized finance (DeFi) crypto projects, or some also call it Defi projects. Although, only a few are aware of the importance of Defi and its functioning. Besides, it’s intriguing to understand what Defi is and why everyone is making a buzz about it!

What is DeFi?
The financial world today is flooded with digital finance methods. Defi is short for Decentralized Finance, a new and effective finance technique that uses blockchain to create effective space for lending, borrowing, earning, trading, saving, and a lot more. Besides, it doesn’t bind the user to require usual bureaucracy and minutiae. And thus, Defi projects are bringing more convenient and peer-to-peer transactions to the investors. And hence investors are looking forward to investing in top DeFi coins. The underlying guide discusses the top buzzing Defi Crypto that can earn investors great profits!

Top 10 DeFi Crypto Projects Look out in 2022
The realm of DeFi is expanding further with each passing day. Although, there are a few projects that are leading the competition. Here are some of the top Defi Crypto Projects that have received great buzz in the market!

Aave
Aave started its journey in the DeFi market in 2017 and was initiated with the name ETHLend. It’s one of the original DeFi platforms in the current finance market. It is a decentralized liquidity platform that allows investors to borrow assets and earn rewards on deposits. It will enable different lenders and borrowers in the decentralized space to attain an equal opportunity lending system. Investors can earn great rewards and discounts on the Aave DeFi platform.
https://bit.ly/35gt5Db

3

Crypto Discussion / What is Terra (LUNA)?

« on: February 24, 2022, 12:54:46 PM »

Terra is a blockchain technology that powers a price-stable global payments network by using fiat-pegged stable coins. According to its official whitepaper, Terra combines the price stability and widespread use of fiat currencies with the censorship-resistance of Bitcoin (BTC) to provide quick and economic transactions.
Terra’s main net went live in April 2019 after a year-long development. It provides stable coins tied to the US dollar, South Korean won, Mongolian tugrik, and the International Monetary Fund’s Special Drawing Rights basket of currencies as of September 2021, with more choices on the way.
The LUNA token, Terra’s native token, keeps the price of the protocol’s stable coins stable. Holders of LUNA may also propose and vote on governance ideas, making it a governance token in the making.

https://www.buyucoin.com/buy-luna-coin-india/?anubha2402

4

Crypto Discussion / Dogecoin and Shiba Inu donations are now accepted by Quincy University

« on: February 23, 2022, 01:10:02 PM »

Quincy University, a private Franciscan university in Illinois, has announced that it will now accept donations in cryptocurrencies such as Dogecoin ($DOGE)and its rival Shiba Inu ($SHIB), both of which are inspired by memes.
The university stated that as a 501(c)(3) organization, it will receive the total value of donations and that cryptocurrency donations are tax-deductible. On the other hand, tax-deductible donations cannot be anonymous because donors “must provide their name, address, and email for the gift to be tax-deductible.”

The university will accept 32 different crypto assets in total, including popular tokens such as BTC, ETH, and LTC and meme-inspired cryptocurrencies. Matt Bergman, the institution’s senior director of advancement, was quoted as saying:

More and more people are investing in digital currency, and we don’t see that slowing down anytime soon. QU is always looking for ways to make it easy for donors to support our students and initiatives.

The university noted in its announcement that 46 million Americans own cryptocurrency, accounting for roughly 22% of the adult population in the United States and that the first known cryptocurrency gift to higher education occurred in 2014 when a University of Puget Sound alum donated $10,000 in cryptocurrency to the school.

Last year, cryptocurrency donations to Fidelity Charitable, the nation’s largest grantmaker, increased by over 1,000 percent. Donor-advised funds provided the organization with $331 million in crypto assets, up from $28 million in 2020.

The early DOGE community was well-known for taking on philanthropic projects. It made headlines in 2014 after raising more than $25,000 worth of DOGE to let the Jamaican bobsleigh team attend the Winter Olympics in Sochi.

 https://www.buyucoin.com/dogecoin-price-india-doge-inr/?anubha2302

5

Crypto Discussion / What is Bitcoin? How to buy bitcoin in India?

« on: February 22, 2022, 12:09:22 PM »

Bitcoin is a collection of computers or nodes, that all run Bitcoin’s code and store its blockchain. A blockchain can be thought of as a collection of blocks. In each block is a collection of transactions.
Because all these computers running the blockchain has the same list of blocks and transactions and can transparently see these new blocks being filled with new Bitcoin transactions, no one can cheat the system. Anyone, whether they run a Bitcoin “node” or not, can see these transactions occurring live.
Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies.
Key elements of Bitcoin include:
Blockchain
Unlike fiat currency, Bitcoin is created, distributed, traded, and stored with the use of a decentralized ledger system known as a blockchain.
Trading
Bitcoin’s history as a store of value has been turbulent; the cryptocurrency skyrocketed up to roughly $20,000 per coin in 2017, but as of two years later, is currency trading for less than half of that.
Inspiration
As the earliest cryptocurrency to meet widespread popularity and success, Bitcoin has inspired a host of other projects in the blockchain space.
Transparent
There are no physical bitcoins, only balances kept on a public ledger that everyone has transparent access to, that along with all Bitcoin transactions is verified by a massive amount of computing power.
Altcoins
Bitcoin charts high on popularity, and has triggered the launch of hundreds of other virtual currencies collectively referred to as Altcoins.
How to Buy Bitcoin In India?
In India, you can buy bitcoins from some trusted Bitcoin apps. There are quite a lot of such apps. One among them in India is BuyUcoin with no hidden charges. Choosing the best platform to buy them from is another task.
Step by Step Guide For Beginners, How to Buy Bitcoin in India?
BuyUcoin is an exchange that provides buying and selling Bitcoin in India as well as other cryptocurrencies. Below is a step by step guide to buying Bitcoin via BuyUcoin:
Step 1 — Open a Digital Wallet
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6

Crypto Discussion / Buy IoTeX Coin in India: Step-By-Step Guide For Beginners

« on: February 19, 2022, 12:21:05 PM »

What is IoTeX (IOTX) Coin?
IoTeX began as an open-source project in 2017 to empower open economics for machines. Humans and machines can interact with assured trust, free, will and appropriately structured economic incentives in this relaxed environment.
IoTeX, which has a global team of over 40 research scientists and engineers, constructed its EVM-compatible blockchain from the ground up utilizing the unique Roll-DPoS consensus and debuted in April 2019 with 100+ delegates globally and has already processed over 10 million transactions.
The team has created infrastructures to link with Ethereum, BSC, and Heco blockchains on top of the IoTeX blockchain, such as the ioPay wallet and ioTube bridge, which serves tens of thousands of users.
IoTeX enables EVM-based DApps to grow without incurring costly gas prices! Raullen Chai, Qevan Guo, Xinxin Fan, and Jing Sun founded IoTeX
How To Buy IoTeX (IOTX) Coin in India?
You can buy IOTX in India from various exchanges, but a reputable company like BuyUcoin is essential. You can trade IOTX in India with 130+ other cryptocurrencies in INR and USDT pairings with BuyUcoin.
Buy IOTX in India — Step by Step Guide For Beginners
BuyUcoin is an Indian cryptocurrency exchange where you can buy and sell IOTX and other cryptocurrencies. The following is a step-by-step guide to acquiring IOTX using BuyUcoin:
Step 1 — Open a Digital Wallet
Step 2 — Register & Open an Account
Step 3- KYC
Step 4- Google 2 Step Verification
Step 5- Add Bank Details
https://medium.com/buyucoin-talks/journey-e0695f53d8b3

7

Crypto Products & Services / How to buy Cardano?

« on: February 15, 2022, 07:52:29 PM »

Cardano is a winning choice for several companies and corporations, particularly those consisting of heavy uses of contracts. According to Cointelegraph, the Ethiopian Government and Cardano/ADA has signed a Memorandum of Understanding, which will allow the administration and government to utilize the Cardano program in its Agritech sector.
Buy Cardano in India — Step by Step Guide For Beginners
BuyUcoin is an exchange that provides buying and selling Cardano in India as well as other cryptocurrencies. Below is a step by step guide to buying Cardano via BuyUcoin:
Step 1 — Open a Digital Wallet
Step 2 — Register & Open an Account
Step 3-KYC
Step 4-Google 2 step Verification
Step 5-Add Bank details
Cardano Price in India

8

Trading / What is Matic (Polygon)?

« on: February 14, 2022, 06:53:23 PM »

Polygon was known as Matic Network earlier. It was launched in 2017 as a testnet and later adopted the manner. Polygon (Matic) is an Ethereum token and provides cheaper and faster transactions utilizing level two sidechains.
Investors can store Ethereum tokens into a Polygon smart contract, communicate with them inside Polygon, and later withdraw tokens to the Ethereum main chain. These tokens are useful for participation in Proof-of-stake consensus and transaction charges.
The Polygon that started as Matic is an efficient solution for addressing the scalability problem of Blockchains. It is an improved version of PoS based altcoins and Plasma.
The MATIC token will continue to exist and will play a growing role in protecting the system and allowing governance.
How does it work?
Matic works like any other Proof-of-Stake-based blockchain protocol. Polygon’s structure, client nodes, local DApps, digital tokens, validator nodes, and others are pretty as in other protocols.
The network’s distinctive features are its exchanges that are clustered and placed over the Ethereum mainchain.
Polygon (Matic) works on 2 layered networks and creates an interoperable Ethereum powered network of blockchains.
https://www.buyucoin.com/polygon-price-india-matic-inr/?anubha1402

9

Crypto Discussion / Sandbox Price in India

« on: February 12, 2022, 12:14:12 PM »

A community-driven platform, Sandbox is a digital metaverse created on the Ethereum blockchain for all artists/creators to monetize their voxel ASSETS and gaming experience. SAND is a utility token that is used across the Sandbox platform for interactions and related transactions. Using the Ethereum blockchain, SAND is an ERC-20 utility token that has a limited supply of 3 billion SAND. The token is also used for staking and governance. Sandbox is a blockchain where gamers/players can create, own, and monetize their gaming experience on Ethereum technology. Every transaction and interaction uses a SAND token. Players can form NFT games, upload them to the marketplace, and integrate them with the Game Maker.
 https://www.buyucoin.com/sandbox-price-india-sand-inr

10

Hybrid/Other Tokens / Decentraland Vs Sandbox – Which is Better?

« on: December 28, 2021, 12:18:26 PM »

Indubitably, the COVID-19 pandemic showed the world its virtual side at large. If it wasn’t all, Facebook’s name change to Meta in 2021 grabbed the eyeballs and made ‘Metaverse’ a debatable topic.

In between these debates and conversations, people from the cryptocurrency and blockchain industry started making it a reality.

Fast forward to this day; we have Decentraland and Sandbox – the two most talked about Metaverse projects. But what are these? Are they any different from each other? How do you invest in them?

If you have all these questions, this article is for you to get an idea of the features and differences of both these leading Metaverse projects. Rest, you can decide!

Read more: https://blog.buyucoin.com/cryptocurrency/decentraland-vs-sandbox-which-is-better/?anubha2812

11

Ethereum Tokens / Decentraland Vs Sandbox – Which is Better?

« on: December 28, 2021, 12:13:29 PM »

Indubitably, the COVID-19 pandemic showed the world its virtual side at large. If it wasn’t all, Facebook’s name change to Meta in 2021 grabbed the eyeballs and made ‘Metaverse’ a debatable topic.

In between these debates and conversations, people from the cryptocurrency and blockchain industry started making it a reality.

Fast forward to this day; we have Decentraland and Sandbox – the two most talked about Metaverse projects. But what are these? Are they any different from each other? How do you invest in them?

If you have all these questions, this article is for you to get an idea of the features and differences of both these leading Metaverse projects. Rest, you can decide!

Read detail: https://blog.buyucoin.com/cryptocurrency/decentraland-vs-sandbox-which-is-better/?anubha2812