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      "title": "Начало эпохи Ethereum",
      "body": "Еще одна неделя, еще одна криптовалюта на рекордно высоком уровне. Немного ранее  это был биткоин, затем XRP, затем «мем-токен» DogeCoin, который был захвачен торговым безумием, вызванным в Reddit, а после получившим дополнительную поддержку в Twitter от генерального директора Tesla Илона Маска.  На этот раз заголовки привлекают внимание к Ethereum. **Цена второй по величине криптовалюты взлетела более чем на 25% до рекордных максимумов, превысивших 1600 долларов.** Дело не только в парнях с Wall Street Bets. Оператор биржи CME group запустил сегодня  свой первый фьючерсный контракт на Ethereum. \n\nВ то же время управляющий криптовалютным фондом Grayscale вновь открыл свой Grayscale Ethereum Trust после того, как в конце декабря закрыл фонд для новых инвесторов в «административных целях». Только за эту неделю в фонд поступило около 100 000 ETH. Grayscale теперь управляет почти 5 миллиардами долларов в Ethereum.\n\nПо оценкам JPMorgan, начальные объемы фьючерсов на Ethereum, вероятно, будут низкими, как и на биткоин в первые дни, но это быстро изменится. Поэтому еще есть возможность найти надежный [обменник эфириум](https://exbase.io/ru/ethereum/exchange), пока цена не взлетела на луну.\n\n\"Запуск контрактов на эфириуме будит воспоминания о 2017 годе, когда начало торгов биткоин-фьючерсами совпало с пиком ведущего цифрового актива в преддверии зрелищного обвала. Тогда деривативы открыли двери для инвесторов с медвежьими ожиданиями\", заявили аналитики JPMorgan во главе с Николаосом Панигирцоглу  в своей записке на прошлой неделе.\n\n\"В том же ключе, возможно, что за листингом фьючерсных контрактов на эфириум на этой неделе последует негативная динамика цен, что позволит некоторым держателям физического эфириума хеджировать свои позиции\", - сказали они.",
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      "permlink": "chto-takoe-kriptobanki-i-pochemu-oni-menyayut-pravila-igry-v-kriptovalyutnom-sektore",
      "title": "Что такое криптобанки и почему они меняют правила игры в криптовалютном секторе?",
      "body": "![1.2.png](https://cdn.steemitimages.com/DQmWCs53sEExqiQdQeRzMrsgV3Uon5YKRepEXHABYMVZjv4/1.2.png)\n\n\nКриптовалютное пространство прошло долгий путь с момента своего создания в 2008 году. За последние 12 лет улучшились многие области, например, решения для хранения и обмена криптовалют. Если вы спросите первых приверженцев криптовалюты, то они могут рассказать вам истории о том, как сложно было [создать криптокошелек](https://exbase.io/ua/) или как обременительно было обменивать биткойны без мошенничества.\n\nС тех пор все изменилось к лучшему. В настоящее время создать кошелек для криптовалюты так же просто, как настроить адрес электронной почты. То же самое и с покупкой криптовалют — за последние годы появились сотни надежных бирж, которые позволяют просто и безопасно покупать и продавать криптовалюты. Хотя можно было бы привести еще много примеров из криптоиндустрии, которые улучшились за последнее десятилетие, все еще существует серьезная проблема с большинством продуктов в криптопространстве. Крипто-экосистема предлагает множество интересных и многообещающих приложений и услуг, которые распределены по различным платформам и поставщикам, но они не являются полностью интегрированными в общую крипто-экосистму. Здесь на помощь приходят криптобанки, которые меняют правила игры.\n\nКриптобанки позволяют хранить криптоактивы и традиционные активы, такие как фиатные валюты, ценные бумаги и многое другое, на одном счете. Большинство людей, которые занимаются криптовалютой, должны иметь дело с несколькими третьими сторонами. У некотрых из вас, вероятно, есть криптоактивы на нескольких биржах, аппаратные кошельки, услуги, предоставляемые небанковскими кредиторами, и, возможно, кое-кто уже взаимодействовал с популярными децентрализованными финансовыми приложениями. Конечно, мы также не должны забывать о фиатном банковском счете, который нужен, чтобы отправлять средства другой стороне для покупки криптоактивов и отправки доходов обратно при продаже криптовалюты. В конечном итоге ваши данные и активы находятся повсюду.\n\nКриптобанки обеспечивают, чтобы все ваши различные крипто-холдинги, фиатные валюты и услуги находились на одном удобном банковском счете  и вы имели дело с одним поставщиком услуг. Они позволяют централизованно контролировать децентрализованные активы. Это устраняет текущие риски, с которыми сталкиваются многие криптоинвесторы при работе с большим количеством разных провайдеров в разных юрисдикциях. В криптобанке у вас есть один специализированный шлюз для множества услуг и продуктов.\n\n\nНесмотря на то, что преимущества криптоактивов очевидны, количество традиционных игроков, таких как пенсионные фонды, традиционные хедж-фонды или семейные офисы, которые переводят свои активы в криптовалюту, удивительно  мало. Хотя первоначальная идея Сатоши Накомото заключалась в том, чтобы избавиться от централизованных посредников, криптобанки, по иронии судьбы, меняют правила игры для криптоактивов, предлагая услуги и продукты в соответствии с финансовыми требованиями. \n\nКриптобанки служат мостом между миром криптовалют и миром традиционных финансовых услуг. Обладая банковской лицензией, криптобанк выполняет требования и стандарты традиционного мира финансовых услуг, предлагая услуги и продукты в криптопространстве. Создание бесшовной связи между этими двумя мирами изменит правила игры. В настоящее время Швейцария и США лидируют по предоставлению банковских лицензий для криптопроектов, но можно ожидать, что количество специализированных банков во всем мире увеличится в течение следующих нескольких лет, поскольку их ценностное предложение станет очевидным.",
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      "title": "Почему цена Ethereum резко пошла вниз, несмотря на запуск Eth2?",
      "body": "*Цена Эфира резко упала вместе с ценой Биткойна, несмотря на успешный запуск долгожданной основной сети Eth2. После достижения рекордного максимума на Coinbase цена Биткойна резко упала более чем на 9% в течение нескольких часов. За тот же период Эфир скорректировался более чем на 11% после отката по всему рынку.*\nТакая коррекция Эфира стала неожиданностью в связи с запуском обновления сети Ethereum 2.0. Особенно для тех, кто решился [купить ethereum](https://exbase.io/ru/ethereum/ethereum-buy) перед непосредственным релизом. Первая фаза Эфириума 2.0 — «сигнальная цепочка» (Beacon Chain) была запущена 1 декабря, что стало большой вехой для Эфира.\n\n![rd_3.jpg](https://cdn.steemitimages.com/DQmXK3X81HnUJBXTtGB3qGvKuHqGaAtSRspz9SZDiYJyJkE/rd_3.jpg)\n\nEth2 - это ключевое обновление сети для блокчейна Ethereum, которое улучшает его масштабируемость и пропускную способность. До обновления сеть могла обрабатывать около 15 транзакций в секунду. После обновления Ethereum сможет масштабироваться до нескольких тысяч транзакций в секунду, а в долгосрочной перспективе может быть и больше. Это фундаментально-оптимистичное обновление для сети Ethereum, поскольку оно позволит децентрализованным приложениям работать без ограничений масштабируемости и упростит взаимодействие с пользователем.\n\nКоррекцию Эфира, после обновления Eth2, можно было ожидать из-за тенденции рынка «покупать слухи и продавать новости». Например, когда в конце ноября было подтверждено обновление Eth2, цена эфира упала примерно с 620 долларов. Тем не менее, снижение цены на Эфириум на 11% всего за два часа застало многих трейдеров врасплох. Значимость обновления Eth2 и его последствия, вероятно, заставили рынок ожидать от Эфира большей краткосрочной устойчивости.\n\nТрейдер, известный как «TraderKoz», сказал, что Эфир станет привлекательным, как только он снова укрепится выше 620 долларов. Уровень 561 доллар останется ключевым уровнем поддержки для ETH в ближайшей перспективе, если откат продолжится.",
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  "op": [
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    {
      "parent_author": "",
      "parent_permlink": "blockchain",
      "author": "exbase",
      "permlink": "how-zero-knowledge-proof-works",
      "title": "How Zero-Knowledge Proof works",
      "body": "![Frame 361.png](https://cdn.steemitimages.com/DQmeUvT1CgmcAjHUM9AFNzbWfdxKX6hEjRuP4SfFrN4Gkjr/Frame%20361.png)\n\n\nThe protocol concept was invented and published back in 1989 by a group of scientists - Shafi Goldwasser, Charles Reckoff and Silvio Micali. The essence of the concept was to build the principle of data transfer, taking as a basis the amount of information for the proof, which is transferred from the prover to the verifier.\n\n**What is the general meaning of the protocol.** There are 2 sides - the prover and the verifier. The task of the prover is to confirm that he has certain information without disclosing it. The task of the verifier, respectively, is to make sure of the reliability of the information that is received from the prover. An interesting characteristic is that there can be countless cycles of communication until the parties reach a consensus.\n\nIn practice, it looks like this - the prover (side 1) selects a certain element, making it a private key (secret). On the basis of the generated private key, a public key is generated, which is then published. Using received published data from the secret, side 1 passes the proof to the verifier (side 2). Next, side 2, based on the data, forms a request to which side 1 must respond. After that, the first side sends a response to this request. The cycle is repeated until the verifying side is convinced that the proving side really has the secret and is part of the system.\n\n**Benefits of implementing ZKP.**\n\nIn the future, this protocol will allow to refuse the use of confidential data that can be intercepted to gain access - passwords and access codes. However, if passwords can usually be recovered within a particular digital structure, then if you lose access to the information used to transmit evidence, you also lose all access to data in the system.\n\n\n**Where [Zero Knowledge Proof](https://exbase.io/en/wiki/zero-knowledge-proof) has been successfully applied:**\n\n*Zcash* - a cryptocurrency based on the zk-SNARKs technology, which allows you to keep transactions encrypted and at the same time checks them for full compliance with consensus rules.\n\n*Quorum* - one of the branches of the ETH blockchain, which uses its own type of Constellation smart contracts. It also uses a slightly revised version of zk-SNARKs, i.e. the same ZKP\n\nWe can surely talk about the further development and application of the technology since the prospects for its application are practically limitless.\n\n\n**Website:** https://exbase.io/ru/\n**Twitter:** @exbase_io_\n**Facebook:** https://www.facebook.com/exbase.io/\n**Telegram customer support:** https://t.me/Exbaseofficial",
      "json_metadata": "{\"tags\":[\"blockchain\"],\"users\":[\"exbase\"],\"image\":[\"https://cdn.steemitimages.com/DQmeUvT1CgmcAjHUM9AFNzbWfdxKX6hEjRuP4SfFrN4Gkjr/Frame%20361.png\"],\"links\":[\"https://exbase.io/en/wiki/zero-knowledge-proof\",\"https://exbase.io/ru/\",\"https://www.facebook.com/exbase.io/\",\"https://t.me/Exbaseofficial\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
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      "parent_permlink": "cryptocurrency",
      "author": "exbase",
      "permlink": "delegated-proof-of-stake-and-its-benefits",
      "title": "Delegated Proof of Stake and its benefits",
      "body": "*This algorithm was invented by Daniel Larimer with the aim of improving the existing **Proof of Stake** algorithm. The difference between them is that if in the case of PoS, the validator node is chosen randomly, among all stakeholders, then in **[DPoS](https://exbase.io/en/wiki/delegated-proof-of-stake)** the stakeholders delegate them to one person, receiving a reward depending on how many votes they cast. Notable projects that use it include Ark, Bitshares, Steem and Lisk.*\n\n![Frame 231.png](https://cdn.steemitimages.com/DQmZoYWp1BXohXW8nRSfJLXaSE86ztavqyo3DXmZ9FWJLaR/Frame%20231.png)\n\n\n**Compared to PoS, which formed its basis, DPoS is more suitable for nodes or users with a small stake.** Since after delegating their votes, they will be able to count on a stable income, which is unlikely with a small stake in PoS. Moreover, the delegate can be quickly replaced if he performed his task poorly, so the participants try to be conscientious.\n\nIf we consider DPoS in comparison with classic PoW (Proof of Work), there are also a number of interesting advantages. DPoS is more secure, can handle more transactions with higher volume at the same time, and does not require as much power.\n\n**DPoS has many advantages and has been proven to be effective over other algorithms.** But at this stage, it is not known what will happen with a significant increase in the number of users and serious scalability, as well as how it will work if the size of transactions and their number continue to grow. It is also necessary to resolve the issue in case a large number of delegates start to abuse their authority. Although even taking into account these factors, new projects on DPoS are already being developed, which means the algorithm will continue to develop and improve.\n\n\n**Website:** https://exbase.io/ru/\n**Twitter:** @exbase_io_\n**Facebook:** https://www.facebook.com/exbase.io/\n**Telegram customer support:** https://t.me/Exbaseofficial",
      "json_metadata": "{\"tags\":[\"cryptocurrency\"],\"users\":[\"exbase\"],\"image\":[\"https://cdn.steemitimages.com/DQmZoYWp1BXohXW8nRSfJLXaSE86ztavqyo3DXmZ9FWJLaR/Frame%20231.png\"],\"links\":[\"https://exbase.io/en/wiki/delegated-proof-of-stake\",\"https://exbase.io/ru/\",\"https://www.facebook.com/exbase.io/\",\"https://t.me/Exbaseofficial\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
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      "memo": "Dear @exbase, I had quite a long break from publishing my own articles since I've focused my efforts on building Project.hope community and watching it grow. Today however, I would like to share with you link to my recent publication and I surely hope to read your feedback. All valuable comments will be rewarded with solid upvote. Cheers, Piotr // LINK: https://steemit.com/hive-175254/@crypto.piotr/is-crypto-space-is-mature-enough-for-another-bull-run-i-have-my-concerns"
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      "author": "exbase",
      "permlink": "proof-of-stake-algorithm-and-principles-for-its-operation",
      "title": "Proof of Stake algorithm and principles for its operation",
      "body": "**When some time passed after the launch of Bitcoin, the crypto community repeatedly raised questions about the presence of certain shortcomings in the Proof Of Work (PoW) algorithm, and the question of the appearance of other algorithms was only a matter of time. This is how Proof Of Stake (PoS) was born.**\n\n\n![Frame 116.png](https://cdn.steemitimages.com/DQmZ6vSn3AN94QDMMwb7ynyqnGJd73yGeDJGxJGFu8aXQcM/Frame%20116.png)\n\n\n**The main difference between PoS and PoW is that the so-called pseudo-random process of selecting a node** has been introduced in PoS - that means, who will play the role of a block validator, and the validator's reward comes from the commission with the transaction he confirmed, that means, it is not fixed. In this case, the key factors for the choice are age, and the number of coins, that forms the size of the steak of a given node. Although, in order for newer nodes with a smaller stake volume to become validators, the principle of randomization is introduced in the algorithm, so the new node can be selected randomly.\n\nIn view of the above, there is no need for mining, and the new process is called forging. It should be noted that, usually, cryptocurrencies which are using PoW, for the first time of their existence worked on PoS and only then switched to another algorithm.\n\nIn order to join the process, you need to purchase a cryptocurrency and fix it on the network. Then just wait until your specific node will be selected as a validator. The principle of selection was described earlier - the age and size of coins affect, however, thanks to the mechanism of pseudo-random selection, almost everyone has a chance. Moreover, as soon as a node has been selected by a forger (validator), its age in the network is also reset to zero. In the process, he needs to check the validity of transactions, and then add their block, taking a certain part of it as a reward.\n\nFurther, the one who was the forger is checked by the next node, and if the hash of the forger's block does not fit the chain, he loses the reward and the entire stack in the network. Considering that the number of coins in the stack is several times higher than the reward, there is no benefit of any fraud.\n\n\n*PoS is an extremely efficient algorithm due to the absence of mining and increased security. However, like PoW, it is susceptible to a 51 percent attack, although given the pseudo-random choice, fraud can be detected with a certain probability.*\n\n\n**Website:** https://exbase.io/ru/\n**Twitter:** @exbase_io_\n**Facebook:** https://www.facebook.com/exbase.io/\n**Telegram customer support:** https://t.me/Exbaseofficial",
      "json_metadata": "{\"tags\":[\"cryptocurrency\"],\"users\":[\"exbase\"],\"image\":[\"https://cdn.steemitimages.com/DQmZ6vSn3AN94QDMMwb7ynyqnGJd73yGeDJGxJGFu8aXQcM/Frame%20116.png\"],\"links\":[\"https://exbase.io/ru/\",\"https://www.facebook.com/exbase.io/\",\"https://t.me/Exbaseofficial\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
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      "parent_permlink": "blockchain",
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      "title": "What is Proof of Work",
      "body": "The first application of the concept of the [Proof of Work (PoW)](https://exbase.io/en/wiki/proof-of-work) algorithm occurred back in 1993. Back then, to avoid DoS attacks, a new computer that was connected to the resource needed to do some small calculations. This task had almost no effect on performance if the computer was actually used to access the site, but it became incredibly lower if it was used for a DoS attack. In 2009, Satoshi Nakamoto, after making a number of improvements to this concept, created the Proof Of Work algorithm, which we know now, and which is successfully used in most existing cryptocurrencies.\n\n![Frame 237.png](https://cdn.steemitimages.com/DQmQMG5gSRvx4MBciscxXDX2VBcxCDMPdSx8kHDWvk8zGig/Frame%20237.png)\n\nThe task of the nodes that make up the network is to find a solution for the equation formed by the contents of the block as quickly as possible - the so-called hash. The process of finding a number is called mining, and those who are looking for it are called miners. As soon as one of the nodes finds it, the rest confirm the correctness of the solution, that means, they validate the founded number. As a result, the first person to find a solution gets a reward, and the block he found (mined block) joins the network. By the way, it's where the name of the algorithm comes from - since other nodes must “prove” (validate) the work done by the miner node, which previously found the required number, and after passing through the hash function, it will give out the hash of the new block.\n\nThe new block contains information about the previous one, thus they are related. The block will not be possible to simulate, since this requires the participation of 51% of the nodes, which is extremely difficult to implement. The PoW algorithm works according to the logic described above, ensuring the success of mining as well.\n\n**However, over time, more power is required to find the solution described above. Accordingly, more powerful devices and more and more electricity is needed. At the same time, a successful and effective alternative to PoW has not been created, therefore, most of the cryptocurrencies use this particular algorithm.**\n\n**Website:** https://exbase.io/ru/\n**Twitter:** @exbase_io_\n**Facebook:** https://www.facebook.com/exbase.io/ \n**Telegram customer support:** https://t.me/Exbaseofficial",
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      "title": "How the consensus algorithm works",
      "body": "The [consensus algorithm](https://exbase.io/en/wiki/consensus-algorithm) is the process of performing a number of blockchain functions, in particular, confirming the correctness of a transaction and its compliance with the protocol (validation). And given the fact that most networks are peer-to-peer, validation cannot be carried out by any single regulator. Accordingly, thanks to the consensus algorithm that confirmation can be processed in automatic mode. The key task is to make sure that each member of the network fulfils its obligations. Given that it is technically easy to make changes to the digital currency, the consensus algorithm plays an important role.\n\nAlgorithm meaning ​​is often confused with protocol meaning, but there is a significant difference between them. The protocol is considered to be a list of key rules by which the blockchain must operate. And the algorithm is directly the mechanism for executing these rules.\n\n\n**The most famous consensus algorithms are:**\n\n**PoW (Proof Of Work)** is the first successfully applied algorithm since it is the one, which is used in the BTC network, successfully implemented by Satoshi Nakamoto. The principle of its functioning is the use of the computing power of the participating nodes (validators), whose task is to confirm the correctness of calculations when calculating the hash of new blocks. Similarly, transactions are verified and confirmed within the network. And key information is stored simultaneously on multiple nodes.\n\n**PoS (Proof Of Stake)** is an algorithm that the ETH team should soon switch to. Its main difference is that confirmation occurs by a randomly selected node, but the choice of a validator node is influenced by its age (time since joining the network) and the number of coins on the account. It verifies the correctness of the transaction automatically and does not require its own facilities.\n\n\n*The consensus algorithm ensures the correct functioning of the blockchain network, being in a sense of its foundation. At the same time, it's task is to prevent any inconsistent changes to the network. It is possible to get around this by using the notorious 51% attack, but its competent implementation is a rather difficult task.*\n\n**Website:** https://exbase.io/ru/\n**Twitter:** @exbase_io_\n**Facebook:** https://www.facebook.com/exbase.io/\n**Telegram customer support:** https://t.me/Exbaseofficial",
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      "title": "Is blockchain applicable to art?",
      "body": "Although the blockchain concept has existed for more than a decade and gained popularity along with bitcoin, experts have repeatedly talked about its applicability in other areas besides financial technology. This can be the [field of logistics, a closed internal corporate network, medicine, or even art](https://exbase.io/en/wiki/how-to-use-blockchain). We should consider it in more detail.\n\n![Frame 417.png](https://cdn.steemitimages.com/DQmSKcrNBetuhca6r12uT4EEzWcQ7QmP7xPVpdG7z3ei99S/Frame%20417.png)\n\nThe applicability of blockchain in art is simple - first of all, the tokenization of certain assets, which in this case can be paintings, or any other art objects, for example, sculptures. The process is extremely simple - an independent appraiser assigns a certain value to an item, on the basis of which digital tokens, or assets, are created. Several people can own assets at once.\n\n\n**Why digitize and further tokenize an art object?**\n\n\n*The right of ownership can be distributed to several persons at once.* For example, when each individual member of the group cannot afford to purchase a painting, but the required amount will be easily gained if it will be purchased along with companions. Moreover, everyone will own a part commensurate with his contribution, which will cancel all disputes about who is the true owner.\n\n*Transparency.* Thanks to the blockchain, you can see from and to the whole process of the painting's journey, understand where it came from, probably know who was its previous owner and understand the cost for which it was previously purchased. This will help to get rid of unscrupulous intermediaries. The only requirement is that from the moment of its tokenization must pass a fairly large amount of time.\n\n\n*Growth in popularity.* At the current moment, the art and collecting of various objects of famous and not so creators is rather a rare hobby for a certain circle of people. And the using of blockchain will bring a part of the audience of crypto enthusiasts, and with them - also the investments.\n\n\n*In case if a competent logic for digitizing paintings, sculptures and other objects of art, and their further tokenization will be built, we will observe another successful application of blockchain technology in the area, which is one of the most remote from complex digital technologies.*\n\n**Website:** https://exbase.io/ru/\n**Twitter:** @exbase_io_\n**Facebook:** https://www.facebook.com/exbase.io/ \n**Telegram customer support:** https://t.me/Exbaseofficial",
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      "title": "What are blockchain bridges?",
      "body": "***Blockchain - bridge*** *provides communication between two different blockchains, which were built on different protocols. Such an action, if the logic of work is properly configured, allows you to use the advantages of both blockchains, cancelling their disadvantages.*\n\n\n![Frame 280.png](https://cdn.steemitimages.com/DQmPjouRNtKRnPLzQHPYmaaJBifqnmnQsxeqDR6mQdgb2KN/Frame%20280.png)\n\nAn example of a situation - the [Ethereum](https://exbase.io/en/wiki/what-is-ethereum) blockchain has a large community, popular all over the world, but at the same time it suffers from scalability problems, and users are troubled with the need to pay an additional commission if the network is overloaded. Accordingly, any new product based on ETH has similar problems - that means, insufficient scalability and slow transactions in situations with a congested network. On the other hand, the EOS blockchain has fast work, a comfortable platform and low commissions, but the community is several times smaller, as well as the projects that were created on it.\n\nThe transition from one blockchain to another is, first of all, labour-intensive, and secondly, it deprives it of the advantages of the blockchain on which it originally functioned, or on which work was planned.\n\nThe problem is solved as follows - the project is built on a protocol based on the mint-and-burn principle (blockchain bridge), where tokens are delivered on all platforms. This means that when leaving one blockchain, the bridge protocol can either block it or burn it. At the same moment, a similar token is issued on another blockchain. Moreover, the described process is two-way.\n\nAs a result, the operation retains the main advantages of ETH, and at the same time, thanks to EOS, temporarily bypasses the problem of scalability, slow transactions and high sending fees.\n\n\n**Conclusion.** Most likely, in the foreseeable future, we will receive even more projects using the principle of the blockchain - bridge, as this opens up tremendous opportunities for scaling.\n\n\n\n**Website:** https://exbase.io/ru/\n**Twitter:** @exbase_io_\n**Facebook:** https://www.facebook.com/exbase.io/ \n**Telegram customer support:** https://t.me/Exbaseofficial",
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      "title": "The difference between private blockchain, public blockchain, and blockchain consortium",
      "body": "![Frame 257.png](https://cdn.steemitimages.com/DQmd1DHrsXpkaZp6ZYG5sskR9E2rZJFyHFFBfs2uqSF2ncr/Frame%20257.png)\n\n\nBlockchain by its nature is a continuous chain of blocks containing certain information, the main condition for the existence of which is that each new block must be linked to the previous one. The data itself cannot be tampered or altered. At the same time, there may be **[several types of blockchains](https://exbase.io/en/wiki/blockchain)** combined by a number of factors.\n\n**These factors are:**\n- The presence of a permanent connection between the blocks that form the network\n- Presence the full amount of information on each of the nodes, forming a given network\n- The principle of consensus, or general consistency regarding information that will be added to the network.\n\n**Now let's take a closer look at the types of blockchain:**\n\n**Public.** This is the most common type, usually, it is the main one in most transactions. All information is available not only to network members, but also to other users. Anyone can become a part of the network, for example, through staking or mining. Transactions are not fast and the participants are anonymous.\n\n**Private.** Representatives of large companies and businesses are frequently paying attention at the private blockchain. It has the same characteristics as the public blockchain - the immutability of the entered data, the general record and the presence of consensus between the participants, however, it consists of a limited number of nodes belonging to the same structure. Moreover, information about one participant is always available to another, which simplifies the monitoring of the activities of each individual node, and the functioning takes place according to its own internal rules, giving the rights to transfer data and view the transactions performed only by specific participants.\n\n\n**Consortium.** Has the characteristics of both private and public blockchains. Its main principle is to independently determine who will be able to validate transactions. In an open blockchain, anyone can do this, in a closed one, only one can appoint a validator. Due to this, the principle of operation can vary depending on the situation.\n\n\n*Conclusion*\n*It is impossible to determine which type of blockchain may be the highest priority or the best, since everything depends directly on the needs of the structure that is going to use it. At the current moment, the most widespread is the public one, but it is before we reach the moment of full implementation of the blockchain by large corporations.*\n\n**Website:** https://exbase.io/ru/\n**Twitter:** @exbase_io_\n**Facebook:** https://www.facebook.com/exbase.io/\n**Telegram customer support:** https://t.me/Exbaseofficial",
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      "title": "How blockchain will improve money transfers",
      "body": "**Blockchain and the new standard for money transfers:**\n\nA money transfer can take several days, depending on the size of the payment and the type of currency. Not to mention the fact that it can be blocked by the bank at any time as suspicious. With cryptocurrencies and blockchain, the situation is completely opposite - you can [transfer currency](https://exbase.io/en/wiki/blockchain-and-money-transfers) to a user's wallet to another country in the equivalent of even several million USD, and no one will block this transfer, requiring documents on the appearance of funds. Moreover, this transfer can be carried out within half an hour, regardless of the distance between you and the final recipient.\n\n\n![Frame 264.png](https://cdn.steemitimages.com/DQmbxrRjxjiZZySUF9vNKVLGQUwceCg59QvnpWDPHzuYAQe/Frame%20264.png)\n\n\nAnother advantage of cryptocurrency transfers is the fixed fee on the blockchain, which is a very small part of the payment. Example - the price of a transfer of 1 BTC will be about $5, while the cost of a bank transfer for the same amount (about $ 10,000 at the time of writing) will be several times more expensive, and you will have to pay an average of 6% of your payment, this will depend on the currency, size of transactions and the geography of this transfer. $5 versus $600 - the difference is quite significant.\n\n\n**Disadvantages:**\n\n*Hard acceptance.* Although cryptocurrencies are already actively used in many progressive countries of Europe, for example, in Switzerland and Finland, not to mention North America - Canada or the United States, in Russia or India they do not have official legal status, but the laws are in development. In China, the legal status of cryptocurrency is constantly changing, these factors complicate the use of digital assets.\n\n*You need to know how and where to exchange.* In Eastern Europe, especially Russia or Ukraine, there are a huge number of services offering the exchange of cryptocurrency for fiat money. However, there are scammers among them, and in the best case, your risk is overpaying, and in the worst case, you will lose the entire amount of assets.\n\n*Time to figure it out.* For a beginner, most of the terms are unfamiliar and he does not even know where to start and how to conduct a transaction, usually, it takes a lot of time to understand the subject matter of the issue.\n\n\n**Conclusion:**\nCryptocurrencies will need a few more years to fully replace bank transfers, but judging by the fact that more and more countries are developing a legal framework for their adoption, this may happen within a few years.\n\n\n**Website:** https://exbase.io/ru/\n**Twitter:**@exbase_io_\n**Facebook:** https://www.facebook.com/exbase.io/\n**Telegram customer support:** https://t.me/Exbaseofficial",
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      "body": "![Frame 362.png](https://cdn.steemitimages.com/DQmbJod3eo5ADNmnQC3EKKNx5DkXjKkLmujLA7fpyC1whfR/Frame%20362.png)\n\nArtificial intelligence, or AI for short, can have different interpretations and meanings. To put it as simply as possible, this is a code, a program, or a set of technical functions capable of operating according to various algorithms and having the ability to self-learn. An example of artificial intelligence is an algorithm according to which the user is offered different advertisements, depending on his actions on the network, or a car that drives without the participation of the driver. The question is whether it is possible to improve the existing [AI concept by connecting it to the blockchain.](https://exbase.io/en/wiki/blockchain-and-artificial-intelligence)\n\n\n**What can be the key options for interaction:**\n\n**A supercomputer built on the integration of mining power into AI.** We know how mining works - the owners of various devices essentially lease them for solving technical problems and maintaining the network, receiving a reward for this. But if you implement them in a self-learning system through which passes terabytes of the data, it will significantly speed up the processing and learning process.\n\n**Verifying and tracking AI solutions.** Nowadays, there are common situations, where a technique can make a wrong or even fatal decision, while as a result of a failure, data about what could have led to this may be lost. However, when using blockchain, the information will always be available in its original form due to the principle of immutability.\n\n**Optimization of blockchain and mining processes.** During implementing a self-learning system into the blockchain, we can confidently say that it optimizes the process of finding solutions to mathematical problems so new blocks will be founded much faster.\n\n*Artificial intelligence and blockchain will undoubtedly be able to perfectly complement each other, as soon as they become technically possible to combine. This will give huge technical grow not only in the field of cryptocurrencies and finance but also in any other area where high-level technologies are involved.*",
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      "body": "*Taking into account the size of the gaming industry, as well as the fact that in every country at least 3% of the population plays games, it doesn't matter on PCs or smartphones, the numbers are pretty impressive. It is logical that the implementation of [blockchain into the gaming industry](https://exbase.io/en/wiki/blockchain-and-games) was only a matter of time.*\n\n![14 (1).jpg](https://cdn.steemitimages.com/DQmc81PjJNeL75HhcA4H9iEnrsoYj6q2B6LnAy7yPSgVYp5/14%20(1).jpg)\n\n\nWhy implement blockchain in the video game industry at all? Primarily due to the fact that the current structure of network games is centralized. That means, all data is stored on the servers of the publishing companies, which can interrupt your access at any time or change your data in the game you paid for, and you cannot do anything about it. Not to mention, someone might just steal your account.\n\n**Therefore, by implementing a blockchain, several problems can be solved at once:**\n\n- Players will have direct access to in-game items and will actually own them. This is achieved thanks to the ERC - 721 protocol used to tokenize items in some games that actually use the blockchain.\n\n- Increasing processing speed and simplify in-game payments. In fact, with using cryptocurrency as a mean of payment, you can increase the speed of transaction and get rid of the necessity to enter payment card details.\n\n- Modifications or changes can be made only if the majority will come to an agreement. As we know, blockchain uses a consensus algorithm. That means a game whose power is used by the blockchain can be changed with a new update only if it suits most of the community.\n\n\n*Thus, we have a long list of the benefits of implementing blockchain in games. But along with this, there are a number of shortcomings - the low popularity of such games, difficulties in development and the banal complexity of integration. But blockchain games continue to exist and develop despite these factors.*\n\n\n**Website:**https://exbase.io/ru/\n**Twitter:**@exbase_io_\n**Facebook:** https://www.facebook.com/exbase.io/\n**Telegram customer support:** https://t.me/Exbaseofficial",
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      "body": "*Information leaks from servers of different companies are constantly being discussed. However, data encryption and digital identification methods are also continually manageable for improvement. One of the possible innovations for improvement is blockchain. Information hashing methods used in the [blockchain are ideal for digital identification](https://exbase.io/en/wiki/blockchain-and-digital-identification) as well.*\n\n![16.jpg](https://cdn.steemitimages.com/DQmPEXqroX6MtXALo272UgtEaaLt35NheV3QeDvxzZLEL9V/16.jpg)\n\n\n**- Benefits and advantages.** One of the most optimal uses is the use of digital signatures over a closed network, especially when it comes to large corporations working with colossal data amounts. The use of unique digital signatures will allow, first of all, to get rid of the risk of using the system by someone outside, and secondly, to understand exactly which of the employees could be involved in the data leak, since each of them has their own unique digital signature.\n\n\n**- Disadvantages.** Speaking of a closed network, there is still a certain probability that it could be hacked with a 51% attack. Of course, this requires adding up a large number of factors, but in a small closed blockchain network, it is quite possible to carry out such an operation, partially reorganizing it.\n\n**- Conclusion.** Blockchain may well cope with the role of an irreplaceable assistant in digital identification processes, but first, you need to carefully study the issues related to a possible 51% attack and secure your company's data.\n\n\nWebsite: https://exbase.io/ru/\nTwitter: @exbase_io_\nFacebook: https://www.facebook.com/exbase.io/\nTelegram customer support: https://t.me/Exbaseofficial",
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      "body": "The main idea which stands at the core of the blockchain network was created in the early nineteenth.But only when the [Bitcoin](https://exbase.io/en/wiki/the-bitcoin) system was founded and began to actively develop at 2009, people started to research it closely not only in theory but also in practice. There is the other fact, which encouraged their interest -  Bitcoin was created by an anonymous group or even one person operating with the pseudonym Satoshi Nakamoto. This is clearly a pseudonym since there is not any real information about this person has been known to anybody, despite the fact that technological innovations which he created did serious changes to the understanding of finance, international money and asset transfers not to mention the methods of storing the data.\n\n\n![Frame 329.jpg](https://cdn.steemitimages.com/DQmUJNTAbhaAU5o9dBuFTGtneNeKNajhXTgMxVTvoayyaoy/Frame%20329.jpg)\n\n\n\n**Majority of technologies, based on [blockchain](https://exbase.io/en/wiki/what-is-blockchain)**- are working at the principle of distributing information within the entire network, which significantly improves its immunity to any external changes. It sure is one of the most important features for cryptocurrencies and the guarantor of the successful functioning of the system in total. And taking into account this information, we can assure that it also can be used in other industries\n\nAnd since blockchain-based cryptocurrencies are improving amazingly actively in our time, the main principle of integrating and saving the information can be used in other areas. \n\nFor example- the Legal field, where it will become impossible to make any changes to documents and the records will be saved on different devices with high resistance to external changes. Other could be tokenisation of asset ownership, with possibility to sell part of this asset, or give it to someone. There is a lot of options where blockchain can be used, we just have to research it a little bit more.\n\n**Website:** https://exbase.io/ru/\n**Twitter:**@exbase_io_\n**Facebook:** https://www.facebook.com/exbase.io/\n**Telegram customer support:** https://t.me/Exbaseofficial",
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