Moving bricks in blockchain
1. Hardware and infrastructure, the typical miner proction, distribution chain, where you can buy miner, mining to earn money
2. The underlying platform of blockchain and common technologies, such as Ethereum and other public chains, and the privacy protocol nucypher, where you can make money by investing in its token, building applications on the chain, and providing services for users
3. Various vertical applications, such as supply chain traceability and Finance Based on blockchain, right confirmation and trading, can be used or invested to make money
Service facilities, such as digital asset exchange and wallet, media procts, etc., you can make money by making your own exchange
extended data:
the characteristics of blockchain
1. Decentralization
blockchain technology does not rely on additional third-party management institutions or hardware facilities, and there is no central control. In addition to the self-contained blockchain itself, each node realizes information self verification, transmission and management through distributed accounting and storage. Decentralization is the most prominent and essential feature of blockchain
2. Openness
the foundation of blockchain technology is open source. In addition to the private information of all parties involved in the transaction is encrypted, the data of blockchain is open to everyone. Anyone can query blockchain data and develop related applications through the open interface, so the information of the whole system is highly transparent
3. Independence
based on consensus specifications and Protocols (similar to various mathematical algorithms such as hash algorithm used by bitcoin), the whole blockchain system does not rely on other third parties, and all nodes can automatically and safely verify and exchange data in the system without any human intervention
From last year when I entered the field of blockchain and became a member of the coin circle, I found that there are many ways to make money from blockchain. It depends on what you can do to make money
< HR / >first of all, the most direct way is to speculate in digital currency in the exchange . In the initial stage, you can choose some mainstream currencies with high value, such as bitcoin and Ethereum
the fifth way is other special ways . This is another special way, including helping some project parties do community operation, you will get some token, or helping the project parties write white papers, you can also get a certain amount of token reward
there are probably several ways to make money in blockchain. I wish you an early realization of wealth P>
WeChat official account: Shenzhen District chain community
for example, bitcoin was invented by Zhongben Cong in 2009, and the total number of bitcoin was only 21 million. By participating in the proction of blocks and providing proof of work (POW), we can get the reward of bitcoin network. Mining is the process of packaging and confirming the transactions in the bitcoin system over a period of time, and then recording them on the block
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what is moving bricks
when it comes to "moving bricks", you will think of migrant workers or various online jokes, but today we only discuss "moving bricks" in the blockchain market
to describe "moving bricks" in vernacular is to make profits by using the price difference between different exchanges. The same currency has different prices in different markets. Buy it in a cheaper place and sell it in a more expensive place. The middle price difference is your profit
for example, the price of bitcoin BTC is $4000 on exchange a and $4100 on exchange B. after a buys BTC, it can be sold to B and each one can earn $100. This process is called "moving bricks"
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Use the price difference of the same commodity in two or more different exchanges
arbitrage occurs when the same asset is put on the shelves at different prices in different transactions. When this happens, arbitrage can be carried out, in which assets are simultaneously purchased (at a lower price) on one exchange and sold (at a higher price) on another. This creates a profit that is usually small but guaranteed to be risk-free. Because of the low efficiency of the market, there are arbitrage opportunities
Due to the technological progress and computerized trading system, it is extremely difficult to arbitrage in the traditional centralized markets such as stocks, bonds, foreign exchange and commodities. Usually, any price difference between exchanges will be corrected in seconds, or even lower. However, in the cryptocurrency market, it is still a feasible strategy, because computerized trading robots are not yet popular in cryptocurrency exchanges, and the price difference may last longer