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      "body": "https://gblobscdn.gitbook.com/assets%2F-M8GVK5H7hOsGnYqg-7q%2F-M9DU3rlDwYHS_OC23oI%2F-M9EB3tNt-_TeN-GD3iC%2F%E3%82%B9%E3%82%AF%E3%83%AA%E3%83%BC%E3%83%B3%E3%82%B7%E3%83%A7%E3%83%83%E3%83%88%202020-06-07%2023.00.56.png?alt=media&token=57eb1789-425d-4d1d-aa57-18389b000094\nConnected to and secured by the central Relay Chain, parachains share and benefit from the security, scalability, interoperability and governance of Polkadot. Polkadot’s cross-chain composability allows any type of data or asset to be sent between parachains, opening up a host of new use cases and applications. Parachains can also connect to external networks such as Bitcoin and Ethereum using cross-network bridges.\n\n\n\nPolkadot was designed to be a layer-0 multi-chain network, meaning that the central Relay Chain provides layer-0 security and interoperability for up to approximately 100 layer-1 blockchains connected as parachains. \n\n‍\n\nParachain Characteristics\nSpecialization and Flexibility\nPolkadot’s parachain model was designed with the belief that the internet of the future will have many different types of blockchains working together. Just as the current version of the internet caters to different needs, blockchains need to be able to provide a variety of services: one chain might be designed for gaming, another for identity management, another for finance, etc. \n\n\n\nFor this reason, Polkadot places no criteria on the design of the parachain other than they must be able to prove to the Polkadot validators that every block of the parachain follows the agreed upon protocol. This flexibility means that each parachain can have its own design, token and governance process, optimized for its specific use case(s). Parachains can be run as public or private networks, as enterprises or communities, as platforms for others to build applications on top of and/or as common goods for the benefit of the entire Polkadot ecosystem, among a wide range of other models.\n\n‍\n\nScalability\nWith the parachain model, Polkadot allows blockchains to achieve scalability at layer-1 rather than relying on layer-2 solutions. This is a more decentralized and efficient means of achieving blockchain scalability. Parachains allow transactions to be spread out and processed in parallel over an ecosystem of specialized layer-1 blockchains, significantly improving throughput and scalability.\n\n\n\nInteroperability\nParachains allow blockchain communities to have full control and sovereignty over their own layer-1 blockchain while also benefiting from the possibility to engage in free trade with other parachains and external networks. Polkadot’s cross-chain composability allows not only the exchange of tokens, but also any type of data, including smart contracts calls, verifiable credentials, and off-chain information from oracles such as stock market price feeds. This ends the siloed nature of the blockchain space and opens up new possibilities for applications to interoperate and create novel services. 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Auction bids are placed in the network’s native token: DOT in the case of Polkadot and KSM in the case of Kusama. Teams can choose to lease a slot on Polkadot for a minimum of six months to a maximum of two years. By participating in a parachain slot auction, teams agree to lock up the amount of DOT they bid for the duration of the chosen lease period, after which the full amount is unlocked. During the lease period, the DOT is reserved in the original account but is not available for staking, transferring or other uses. Teams can fund their bid in several ways, including self funding and crowdloans, in which contributions are solicited from DOT holders in exchange for some type of reward. \n\n‍\n\nParachains vs Parathreads\nParathreads are parachains that connect to Polkadot using a pay-as-you-go model rather than leasing a parachain slot. The parathread model is particularly suitable for projects that do not require continuous connectivity to the network. Blockchains on Polkadot can switch between being parachains and parathreads depending on their needs and on the availability of parachain slots on the Relay Chain.\n\n‍\n\nFees & Cost of Running a Parachain\nParachains connected to Polkadot by leasing a parachain slot can access as much computing power as they need without additional fees or “gas” costs. Since the full amount of DOT/KSM bonded by a team for a parachain slot is unlocked at the end of the lease period, the cost of running a parachain is best described as the opportunity cost from not having access to the locked DOT/KSM for the duration of the lease. Teams that choose to fund their slot via crowdloan may choose to reward their contributors in any way they see fit, representing an additional cost. Other minor costs include the expense of running collator nodes on the individual parachain. 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      "title": "Cryptocurrencies Use Decentralized, Distributed Systems",
      "body": "https://sectigostore.com/blog/wp-content/uploads/2020/10/centralized-decentralized-systems-cryptocurrency.png\nWith cryptocurrencies, there’s no central authority, nor is there a centralized ledger. That’s because @cryptocurrencies operate in a decentralized system with a distributed ledger (more on this shortly) known as blockchain. Unlike the traditional banking system, anybody can be directly connected to and participate in the cryptocurrency “system.” You can send and receive payments without going through a central bank. That’s why it’s called decentralized digital currency.\n\nBut in addition to being decentralized, cryptocurrency is also a distributed system. This means the record (ledger) of all transactions is publicly available and stored on lots of different computers. This differs from the traditional banks we mentioned earlier, which are centralized systems.\n\nBut without a central bank, how are transactions verified before being added to the ledger? Instead of using a central banking system to verify transactions (for example, making sure the sender has enough money to make the payment), cryptocurrency uses cryptographic algorithms to verify transactions.\n\nAnd that’s where bitcoin miners come in. Performing the cryptographic calculations for each transaction adds up to a lot of computing work. Miners use their computers to perform the cryptographic work required to add new transactions to the ledger. As a thanks, they get a small amount of cryptocurrency themselves.",
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      "body": "https://sectigostore.com/blog/wp-content/uploads/2020/10/what-is-crypto-mining-cryptomining-farm.jpg\n\nAlthough crypto mining has only been around since Bitcoin was first mined in 2009, it’s made quite a splash with miners, investors and cybercriminals alike. Here’s what to know about cryptocurrency mining and how it works…\nCrypto mining (or “crypto mining,” if you’d prefer) is a popular topic in online forums. You’ve probably seen videos and read articles about Bitcoin, Dash, Ethereum, and other types of cryptocurrencies. And in those pieces of content, the topic of cryptocurrency mining often comes up. But all of this may leave you wondering, “what is Bitcoin mining?” or “what is crypto mining?”\n\nIn a nutshell, cryptocurrency mining is a term that refers to the process of gathering cryptocurrency as a reward for work that you complete. (This is known as Bitcoin mining when talking about mining Bitcoins specifically.) But why do people crypto mine? For some, they’re looking for another source of income. For others, it’s about gaining greater financial freedom without governments or banks butting in. But whatever the reason, cryptocurrencies are a growing area of interest for technophiles, investors, and cybercriminals alike.\n\nSo, what is cryptocurrency mining (in a more technical sense) and how does it work? Let’s break it down.",
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      "title": "Steemit Joining TRON Ecosystem",
      "body": "https://mms.businesswire.com/media/20200214005129/en/773566/5/TRON_x_Steemit.jpg?download=1\nTRON is one of the largest decentralized ecosystems, providing fast network speed, high throughput stability, and scalability. This partnership continues the beat of TRON’s rhythm in partnering with top firms like Samsung, Poloniex, Opera, and DLive to provide a dynamic value proposition to its users, investors, and community members.\n\n#Steemit is offering a Reddit-like service built on top of the Steem blockchain. As one of the largest DApps across all the blockchains, Steemit also claims a thriving community of its own due to a growing number of DApps developed on the Steem blockchain with over 1 million users. Some popular real-world use cases on Steem blockchain include the Youtube alternative D.Tube, Instagram alternative APPICS, and fitness DApp Actifit. Steemit was founded by Ned Scott and Dan Larimer in July 2016. Larimer built Steemit’s technology and later went on to lead the development of EOS, a highly visible blockchain protocol.\n\nTogether, TRON Foundation and Steemit Inc. will look to create further value for their users and to augment their advancements in decentralized technologies, including moving old STEEM token to a new TRON based STEEM token, giveaways to the existing TRX users with the new TRON based STEEM token, as well as a new accelerator program towards the developer community.\n\nThis partnership further empowers TRON’s title as the blockchain industry’s leader in distributed ledger technology with over 800 DApps now in its ecosystem.\n\n“We are very excited to welcome steemit into the TRON ecosystem,” says Justin Sun, Founder of TRON and CEO of Bit Torrent. “Together we will usher in a new era of decentralized social networking.”\n\n“Steemit is the original conception where forums meeting cryptocurrency was born - where cryptocurrency could be distributed as easily as ‘likes’ and ‘upvotes’ and that maybe this would bring adoption and appreciation to the currency,” says Ned Scott, CEO, Chairman and Founder of steemit. “From launching the platform in 2016 on a shoestring budget with an idealistic team to today, I’ve enjoyed the development of the platform and the growth of its user base -now I’m excited to see a strategic partner attempt to bring it to new heights.”https://pbs.twimg.com/media/Exu1Bh0VoAIjxHP?format=jpg&name=small",
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