Velocenetwork, Author at Veloce

Dec

15

2021

What is Consortium Blockchain?

Finance

What is a consortium blockchain? A consortium blockchain is a type of private blockchain, which is not accessible to the public. Instead, it is permissioned and only known by a limited group of individuals. A consortium is a semi-decentralized type of blockchain, and each node writes transactions to a private blockchain. Because of its nature, it does not suffer from issues such as high network output or transaction delays. A consortium is a network of corporations, which join together to create a single public blockchain. These blockchains are public, and no specific group or individual has access to them. Anyone…

Dec

15

2021

What is Byzantium Fork?

Finance

The Byzantium fork activated on the Ethereum Network on March 24 at 1:22AM ET. The hard fork is part of Ethereum's second major update, Metropolis. The changes make it possible to create two distinct blockchains, which are known as hard forks. Byzantium is the first version of the Metropolis update. A hard fork occurs when all participants on a blockchain must upgrade their software. The Byzantium fork contains four contracts that are native to the Ethereum blockchain and contain code to reduce power usage. The code includes zk-snarks, a zero-knowledge cryptography system. The purpose of zero-knowledge proofs is to show…

Dec

15

2021

What Is Cryptoeconomics?

Crypto, Finance

What is cryptoeconomics? It is a branch of economics that uses computer science and economics to study decentralized marketplaces and applications. This field focuses on individual decision-making and strategic interaction between participants. The study of cryptoeconomics makes use of economics methodologies, such as game theory and causal inference. The aim of the field is to improve the way the world trades. By studying how these technologies affect financial markets, researchers can better understand how they can improve their own practices and improve their services and systems. In the context of cryptocurrencies, cryptoeconomics is a key concept. It is an important…

Dec

15

2021

What is a Stablecoin?

Finance

A stablecoin is a digital asset that is tied to another currency, such as fiat currency. Because they are decentralized, they are a good way to limit your risk and understand how much you're paying for a security. These coins are commonly used for decentralized finance projects, such as lending platforms and crypto loans. They are more stable than traditional currencies and are often used to minimize the volatility of the price of the underlying currency. The idea behind stablecoins is to allow users to make global payments that are dollar-pegged. The aim of these currencies is to encourage the…

Dec

15

2021

What is Altcoin?

Finance

The term "altcoin" refers to a new type of digital currency. It is an emerging market that many financial experts classify as an alternative investment. As with any new technology, there is a learning curve and there are many pitfalls that new users need to be aware of. Here are some tips to keep in mind: 1. Know what it is and how to protect yourself. Second, always remember that an altcoin is not a commodity. A crypto asset is not a stock, but a cryptocurrency that has no market value. An altcoin is a digital currency similar to Bitcoin.…

Dec

13

2021

How Statistics Brought Down The House – The History of Card Counting

Tips

“The House always wins” is the most oft-repeated saying in any gambler’s dictionary. But does it have to? That’s the question American mathematician Edward O. Thorp asked before writing his game-changing book Beat the Dealer in 1962. As we all know, the answer was a surprising “no”. Armed with a knowledge of statistics and probability, Thorp’s applied research with playing blackjack at casinos changed the multi-billion dollar gambling industry forever. Join us for a brief look into how card counters became every casino’s nightmare. Blackjack Before Card Counting Though originating in Europe, the game of 21 didn’t take the shape…

Dec

13

2021

Unique Strategies That Will Boost And Strengthen Your Brand

Business

The importance of branding has been around for decades, but it's never more relevant than now. With so much competition in the market, it's important to stand out from the rest and create a unique brand that differentiates your company from others. There are many strategies you can use to do this! In this article, you'll see some unique strategies that will help strengthen your company's brand. Strong Social Media Presence Being active on social media is all the rage now in most industries, and you should embrace this to the fullest. According to research done by twopalms.com.au, having a…

Dec

13

2021

6 Tips To Help Keep Your Business Data Safe And Protected

Technology

Businesses need to keep private data safe, especially when dealing with financial information. The importance of data protection cannot be overstated, and companies should ensure they implement the following tips to keep their data safe. 1.) Data Encryption. Data encryption is a way for businesses to keep their data safe from unauthorized access or theft. By encrypting your data, you can help ensure that only allowed users can access it, even if it is stolen or compromised. There are many benefits of using data encryption. When you encrypt your data, it becomes more difficult for someone to access it without…

Dec

11

2021

6 Tips To Avoid Getting Injured In A Car Accident

Tips

Nobody imagines being involved in a vehicle accident, let alone being hurt. We must take specific measures so that if we are involved in an accident, we have the best chance of surviving it safely and without injury. Here are some suggestions for avoiding injury in the event of an accident. 1. Wear a Seatbelt A seat belt, often known as a safety belt, is a safety harness that protects the occupant of a vehicle from potentially dangerous movement caused by a collision or an abrupt stop. In a traffic collision, a seat belt reduces the likelihood and severity of…

Dec

11

2021

Understanding What A Call Center Outsourcing Is And How It Works

Business

One of the most important things to consider when you have a business is your customer service. Call center outsourcing is a service many companies turn to when they want help with customer service and sales. Outsourcing your call center will allow you to focus on other aspects of your business, while still keeping customers happy. This article explores this type of outsourced service and how it can work for you. What is Call Center Outsourcing? Call center outsourcing is a service in which you hire an external company to provide customer service for your business. This can include handling…