Bitcoin or Cryptocurrency

Bitcoin or Cryptocurrency Bitcoin (₿) is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. Research produced by the University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin. Bitcoin has been criticized for its use in illegal transactions, the large amount of electricity used by miners, price volatility, and thefts from exchanges. Some economists, including several Nobel laureates, have characterized it as a speculative bubble at various times. Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.   A cryptocurrency (or crypto currency or crypto for short) is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.  It typically does not exist in physical form (like paper money) and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to centralized digital currency and central banking systems. When a cryptocurrency is minted or created prior to issuance or issued by a single issuer, it is generally considered centralized. When implemented with decentralized control, each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database. Bitcoin, first released as open-source software in 2009, is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created. But now Bitcoin has its own separate identity, so Bitcoin and Cryptocurrency have different points which end in the same digital currency.               BITCOIN            Cryptocurrency Bitcoin is the digital currency that utilizes cryptocurrency and it is controlled by the decentralized authority which is not like the government-issued currencies. Cryptocurrency refers to the technology that acts as a medium for facilitating the conduct of the different financial transactions which are safe and secure.    What is cryptocurrency technology? Cryptocurrency is the technology that acts as the medium for conducting financial transactions. From the creation of units to final verification of the transaction being made, cryptocurrency provides that safe and secure platform for transactions with the help of cryptography technology. Cryptocurrency is a kind of digital currency that is virtual and doesn’t have a physical form. It works on decentralized control which doesn’t have any central banking systems. This makes it easier for cryptocurrencies to work with distributed ledgers. With distributed ledgers that provide peer-to-peer transactions and the transparency of providing transaction details to the public, cryptocurrency technologies have now become a force to be recognized all around the world. Initially, it was only used for digital transactions, but now it is used for trading almost anything through the internet. It has become a very huge success that many companies around the world are using them. Some top-level companies are also investing a lot of money to make the process even simpler with advanced safety and security measures thereby helping the cryptocurrency to develop at an astonishing rate.          Bitcoin or Cryptocurrency Basis for comparison           Bitcoin      Cryptocurrency Main Aim To simplify and increase the speed of transactions without much of government restrictions. To provide low cost, safe and secure transactions. Trade Bitcoin is limited to trading by using it as a currency. There are a lot of cryptocurrencies that are used for trading as well. Popularity Bitcoin is the most popular bitcoin. The number of cryptocurrencies has increased but their share is still less than Bitcoin. Strategy Bitcoin focuses on lowering the cost of influencers and reduce the time of transactions but is less flexible, Cryptocurrency aims at the exchange of goods and services is a safe and secure environment with very little or no government and middleman interference. Status Bitcoin likes to be anonymous and hence even though we can see their transactions in the ledger, they are meaningless numbers that are not in any particular sequence. A lot of cryptocurrencies that came recently are following transparency in their transactions and hence they are able to work with a lot of other industries.              conclusion Bitcoin being the first cryptocurrency has a head start over other cryptocurrency technologies. Since then, a lot of cryptocurrencies have come and some are even specializing in a few sectors. The most important thing is competition. Due to heavy competition, cryptocurrencies are continually improving themselves and the technologies that they are using. This paves the way for a lot of innovation and improved performance and security measures. Bitcoin may have had a greater chunk of share in the sector initially. But with the introduction of new cryptocurrencies and sophisticated & transparent technologies, the gap is diminishing as every day passes. Soon, this market will also become more dispersed with the cryptocurrency that provides the maximum value being at the top.

|Donald Trump| Removing The Chinese Stocks From US

 

Weekly Updates

Summary

·     World Wide News

·     Business News

·     Sports News

·     Technology News

 

·     World Wide News

1. President Donald Trump signs a bill for removing the chinese stocks from US and America becouse of tensions between the two countries, For this bill China affect a lot like Alibaba Group Holding Ltd. And Baidu Inc.

2. Donald Trump announce that the Covid-19 vaccine is ready and approved on Friday. Trump also tweeted that ‘Distribution to start immediately’ vaccine will immediately  supply the other countries which are hit by the Covid-19 pandemic.

3. On Friday the Android users faced issues with the instagram app, users reported on social media and tweeted #Instagramdown it was tranding on Twitter, according to website Downdetector.com has been faceing problem since 4:00 PM.

4. One of the biggest firm of China’s behind the controversial Hambantota port project get first contract in Sri Lanka’s planned $13-billion Port City after the US Government criticised them.

5. Covid-19 vaccine was ready and Indian Government planning to produce 300 million doses of Russia’s Sputnik V vaccine against Corona virus next year, Dr. Reddy’s Laboratories Limited for clinical trials and distribution of the shot vaccine in India said that he have agreements with four manufacturers companies in India will produce vaccine doses for us next year.

6. In United States after the Covid-19 pandemic the drug overdoses cases has been rised more than 81,000 drug overdoses deaths in the year of May, Centers for Disease Control and Prevention (CDC) said that latest data showed an acceleration of overdoses deaths snice the pandemic took hold at the start.

·     Business News

1. For China, Saudi Arabia and the UAE the World Bank’s staff members face ‘undue pressure’ to ‘manipulate’ data anf adjust scores in two key reports that ranked nation by ease of doing business said by internal investigation.

2. Gucci join Alibaba’s online luxury shopping platform because of the Corona virus pandemic the importance of the Chinese market for high-end brands seeking to reverse a revenue slide, the collaboration of two brands shows on Dec. 21.

3. Due to the Corona virus pandemic 2,200 people lost there jobs world wide in Coca-Cola co. including 1,200 jobs in the US, as the soda maker deepens its restructuring efforts amid ongoing shutdowns of soft-drink friendly venues like movie theaters, bar and stadiums.

4. There are 0.3% increase in non-oil exports $68.3 billion during Octobur-December quarter. The total merchandise exports are forecast to continue to witness a moderation at $77.6 billion in October-December.

5. In Delhi the Gold price on Monday was Rs 48,371 per 10 gram but it gained at the end of Friday at Rs 49,644 per 10 gram. There are rise in the price of Gold by 460 rup but according to HDFC the gold price closed at Rs 48,831 per 10 gram and sliver price also dipped by Rs 629.

·     Sports News

1. On Feb 8 the Australian open and start three week later the schedule organisers confirm this statement after months of speculation over the first Grand Slam of 2021, the original date of Australian is Jan 18  the date was changed because of Covid-19 health security measures.

2. Doha was awarded with the 2030 Asian Games and 2034 event went to Riyadh after a deal was struk between the rival nations. The Qatari capital of Doha beat Saudi Arabian counterpart Riyadh for the 2030 Games in the vote at the Olympic Council of Asia’s general assembly.

3. Jose Mourinho has proven he has risen above criticism and bounced back to take his claim as being a top manger after guiding Tottenham Hotspur to the Premies League summit, Liverpool’s Juergen Klopp said on Tuesday.

4. For Knee injury the Liverpool Winger Diogo Jota could miss up to two months his manager Jurgen Klopp said that. He was injurt in Liverpool’S 1-1 draw match against FC Midtjylland in the Champions League on Wednesday.

5. Ankita Raina one of the Top Indian tennis player won her ITF third doubles title of the pandemic-hit 2020 season, clinching the AI Habtoor challenge with Ekaterina Gorgodza here.

6.  The Indian paddler Sharath Kamal’s plans to get some much-needed match time and quality time and training after the long pandemic time Covid-19 for the Table Tennis Champions Leagus in Germany.

·     Technology News

1. After the article reported about the website that the women being assaulted and minor having sex to be uploaded on the site Pornhub was only accepting cryptocurrency payments for premium service.

2.  LG has been planning of launching a rollable smartphone next year. The Korean company know the way to make rollable display and help LG for there new rollable smartphone. According to tipster @cozyplans on Twitter the price of the smartphone will bw $2,359 (₨1,73,000 approx).

3. Samsung’s Galaxy A-series smartphone launch there new smartphone Galaxy A72 this smartphone quite new there are qued-camera setup with a 64-megapixel primary camera. There are also penta-camera setup which make it more attractive and new.

4. On Youtube you may have seen Apple iPhone drop test video from 6 feet or 10 feet. One of the iPhone 6s user ultimate drop his iPhone from 2,000 feet and the phone record all the video.

5. After the deal of Facebook and misinformation the Facebook was deploying its most potent tool to battle misinformation on Covid-19. They send direct notification to anyone who commented, like and shared post regarding Covid-19 misinformation and takedown the post for violating on platform, terms and service.

6. Apple have big plans for 2021 they are impoting iPhones around 180 million with OLED display panels. They are import 100 million iPhone 12 units consists of four iPhone models with OLED display.  

4 HABIT CHANGE YOURSELF IF YOU WANT TOBE RICH

 

Change Yourself If You Want            To Be Rich  #1: GENERATE MULTIPLE INCOMES Having multiple streams of income means that a person is receiving income from several residual or passive income streams at once. Residual or passive income is income that a person earns without directly putting in work. While they may have to put in some up-front work, they do not need to put in direct work in order to make an income. In other words, they could go on vacation and that rental property or online products can continue to make money for them. Most people who have passive income streams have found that once they have one income source up and running, it is easier for them to create multiple income sources. These are often referred to as multiple streams of income. Check out additional small business finance information. - Try affiliate marketing and make sales - Put your photography to work on the web - Write an eBook - Invest in real estate/ Invest in real estate investment trusts (REITs) - Become a business silent partner - Rent out unused space with Airbnb - Try out index funds - Make YouTube videos #2: BUILD RELATIONSHIPS WITH SUCCESSFUL PEOPLE Professional success is important to everyone, but still, success can and does (and definitely should) mean different things to different people. But one fact is universal. Real success, the kind that exists on multiple levels, is impossible without building great relationships. Real success is impossible unless you treat other people with kindness, regard, and respect. After all, you can be a rich jerk... but you will also be a lonely jerk. - They help without having to be asked - They take the undeserved hit - They truly think of others - They step up when they have acted poorly - They know when to dial it back - They value the message by always valuing the messenger - They start small... and are sometimes happy to stay small #3: SAVE TO INVEST There are essentially two strategies for boosting savings and investments: Increase your income and cut your spending. Whether you’re a young adult ready to start saving for retirement, a 50-something ready to pay off your mortgage or a senior citizen living on a fixed income, these tips can help you build savings, reduce debt, boost income and invest wisely. - Pay yourself first - Save for emergencies - Spend less, save more - Lose a habit, gain some savings - Get creative making more money - Get creative making more money - Allocate your assets - Understand investment costs - Stick to an investment plan - Don’t be afraid to ask for help #4: THINK BIG A lot of people say that thinking big is the key to accomplishing your biggest or most complicated goals, but it’s hard to know where to start. Giving yourself some time to sit down and really think about what you want to accomplish is just the first part of thinking big. Creating a plan that you can follow up on, and staying motivated while you tackle your goals a little at a time can help you make a big thought a reality. - Using Your Imagination        * Schedule thinking time        * Entertain the impossible        * Step outside your comfort zone - Setting Goals        * Set attainable goals        * Break up your goal in steps        * Set deadlines for your goals        * Don’t do it alone        * Work consistently - Staying Motivated         * Develop a support system         * Celebrate small victories         * Don’t be afraid of failure NOTE:- Being Rich Is Not Only About Money.....