CRYPTOCURRENCY

1. Do you believe you’re pretty good at predicting future events? Well, you are in the right place! I would like to introduce you to Seer – Prediction Market. With Seer you can select live play or free play. You can participate with your drops or with free replenishment points. If you select live play, purchase drops through an exchange or buy directly from Dropil Direct. You can make custom predictions and customize your event with a time-based weighting bonus and easily share your predictions. When the event is completed, the system will automatically pay out all users in the winning pool the funds owed to them. You’ll be able to view personal and full system reporting and leaderboards. You’ll be able to predict outcomes in the following categories: crypto, sports, Esports, social, stocks, politics and more. Learn more today by visiting their website at https://seer.dropil.com/ and you will be happy that you did! Now that you know more about our friends over at Seer – Dropil, feel free to read our short article about Cryptocurrency (since it is one of the many categories available on their platform). Upon completion, head back over to their website to start predicting outcomes of events today. Cryptocurrency is a digital currency where encryption methods are used to regulate the generation of units of currency and to verify the transfer of funds. This is all done operating independent of a central bank. Cryptocurrencies are difficult to counterfeit because they use a technology called blockchain. Blockchain is a distributed ledger enforced by a network of computers providing checks and balances to a transaction’s authenticity. They allow for secure payments of online transactions and they are safe because of complex encrypted algorithms being employed. Cryptocurrencies will be more widely used when they are added to debit cards which can be used at stores and places which take card payments. There are apps now which allow this and crypto ATMs where you can exchange cryptocurrencies for physical cash. Cryptocurrencies are starting to become more mainstream as more people are educated about the advantages, along with the disadvantages of such a currency. A cryptocurrency exchange works just like any other exchange, including a stock exchange. Today the exchange of modern-day cryptocurrency should take into consideration the mistakes of its predecessors. There's no clear-cut approach to define the very best cryptocurrency exchange. The key is to keep it decentralized as much as possible and do not become greedy by letting down some of the safeguards put in place to make it so secure, to reap short term gains with the markets. With cryptocurrencies, payments are private, and instantly appear in the virtual wallet of the person on the opposite side of the transaction, anywhere on the planet. You can pay someone directly for goods or services almost instantly, to however you are looking to do business with or sending money for different situations that arise. In order to ensure the financial transactions are performed in a smooth and hassle-free fashion, you will need to make certain the person on the other side of the transaction accepts the cryptocurrency you want to pay with. The beauty of this is, transfer of funds is directly between two parties without the need of a third party, like a bank or a credit card company. These transfers are through the use of public keys and private keys for security purposes to and from a wallet or account address. prediction market Fees are a lot less, because you’re not using financial institutions.

2. A huge downside of cryptocurrencies is that since they are virtual and there is no central repository, a digital cryptocurrency balance can be zeroed out if there is a computer crash if the backup holdings does not exist for the account or if someone loses their private keys. The key codes are so long for cryptocurrencies that it is virtually impossible to be hacked, but this is also true if you lose your private keys. There are many stories of people throwing away their hard drives or their computer crashing, with their private keys and them losing millions of dollars in cryptocurrency. So, the smart thing to do is if you do purchase cryptocurrency, make sure you not only have a virtual backup of the private keys, but also a physical copy written down and put in a safe or lockbox somewhere. Thank you for taking the time to read our article about Cryptocurrency. Now that you are finished, feel free to head back over to the Seer – Dropil Prediction Market website and profit from your knowledge in various categories. It’s not only exciting, but it is also satisfying knowing how good you are at making predictions.