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Blockchain and Cryptocurrency
Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system and this is done using Cryptography.A Cryptocurrency is a digital money that operates on the Blockchain technology.This book is intended to provide a detailed analysis of the effect of Blockchain and Cryptocurrency in the current market.It is designed with the focus to facilitate the students in understanding the working behind the raging technology.Blockchain and Cryptocurrency are vastly discussed nowadays in all research domains to bring decentralization.This book gives easy access to the complex terminologies revolving around the technology.Since this is a new course assigned in the curriculum, therefore special care is taken in drafting the units.The chapters have been written with reference to the past understanding of the students of cryptography and merging those concepts with the Blockchain technology. The emphasis is laid on fundamental ideas and ease of understanding with suitable diagrammatic representation and real world examples.This book is self-contained and requires no comparison and analysis with other conceptual data.It can also be used by scholars who are beginners in the Blockchain technology and wish to dive deeper in its technological aspects.Numerous multiple choice questions at the back of each chapter are given to test the objective understanding of the concepts.Salient Features:Standard and precise definitions and tips. Popular blockchain consensus protocols, their strengths, weaknesses and application scenarios through analysis and comparison. Several blockchain examples essential for engineering students. Hints and explanations are given in the solution of every problem. Imperative real examples
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Do you know a good cryptocurrency wallet?
Yes, one popular and highly recommended cryptocurrency wallet is the Ledger Nano S. It is a hardware wallet that provides secure storage for various cryptocurrencies and offers features like two-factor authentication and backup and recovery options. Another good option is the Trezor Model T, which also offers secure storage and easy-to-use interface for managing multiple cryptocurrencies. Both wallets are known for their security features and user-friendly design, making them popular choices among cryptocurrency users.
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Why is uniform circular motion an accelerated motion?
Uniform circular motion is considered an accelerated motion because the direction of the velocity vector is constantly changing, even though the magnitude of the velocity may remain constant. This change in direction results in an acceleration towards the center of the circle, known as centripetal acceleration. This acceleration is necessary to keep an object moving in a circular path, and it is what distinguishes uniform circular motion from linear motion. Therefore, even though the speed may be constant, the change in direction of the velocity vector results in an acceleration, making uniform circular motion an accelerated motion.
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Is the Bitforex cryptocurrency exchange trustworthy?
It is important to conduct thorough research and due diligence before using any cryptocurrency exchange. Bitforex has faced some controversies and allegations of wash trading in the past, which may raise concerns about its trustworthiness. Additionally, there have been reports of fake trading volume and questionable practices. It is advisable to carefully consider these factors and seek out user reviews and expert opinions before deciding whether to trust Bitforex as a cryptocurrency exchange.
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Is a circular motion a uniform or uniformly accelerated motion?
A circular motion is a uniformly accelerated motion. This is because the velocity of an object in circular motion is constantly changing as it moves around the circle, due to the change in direction of its velocity vector. This change in velocity indicates that the motion is not uniform, but rather uniformly accelerated. The acceleration in circular motion is directed towards the center of the circle and is called centripetal acceleration.
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How does the vertical motion occur in horizontal projectile motion?
In horizontal projectile motion, the vertical motion occurs due to the force of gravity acting on the object. While the object is moving horizontally, it is also being pulled downward by the force of gravity, causing it to follow a curved path. As a result, the object's vertical position changes over time, even though its horizontal velocity remains constant. This combination of horizontal and vertical motion results in the characteristic parabolic trajectory of a projectile.
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Can I own a cryptocurrency wallet as a minor?
Yes, minors can own a cryptocurrency wallet. However, the legal implications of owning and using cryptocurrency as a minor can vary depending on the jurisdiction. Some countries may have specific regulations regarding minors and cryptocurrency ownership, so it's important to research and understand the laws in your area before setting up a wallet. Additionally, minors may need to have a parent or guardian involved in the process of setting up and managing the wallet.
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What is the difference between linear motion and uniform linear motion?
Linear motion refers to the movement of an object in a straight line, while uniform linear motion specifically refers to the movement of an object in a straight line at a constant speed. In linear motion, the object may change its speed or direction, whereas in uniform linear motion, the object maintains a constant speed and direction. Uniform linear motion is a specific type of linear motion that has a consistent velocity throughout the motion.
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What is the uniform motion and the uniformly accelerated motion here?
In the given scenario, the uniform motion refers to the car traveling at a constant speed of 60 km/h for 2 hours. This means the car is moving at a constant velocity without any change in speed or direction. The uniformly accelerated motion occurs when the car increases its speed from 60 km/h to 90 km/h in 10 seconds. This represents a constant acceleration, as the car's velocity is changing at a uniform rate over time.
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