Cryptocurrency: Blockchain & Decentralized Payment

Cryptocurrencies are a very complex technology and above all is a worldwide trend, long ago I learned that the Bitcoin is national currency in several countries, including El Salvador, but what does this really mean? It is simple, the BTC is a very strong cryptocurrency and above all it is a decentralized payment method, a peer-to-peer (p2p) payment, this means that we do not have to depend on a bank or a government for our financial transactions and that is really nice, although the technology has been constantly growing and I can just mention that we can be our own bank, it is somewhat risky, but from my point of view it is worth learning a little more about the operation of blockchain technology.

How to earn Crypto without dying in the attempt?

We must know many things before generating cryptocurrencies effectively, one of these things can be simply knowing how blockchain technology works, I think it is really important to know what a dApp is, there are many websites that are called "faucets" and these websites are not built under blockchain technology.

I want to highlight a very important point about cryptocurrency income, a very important point is to know how to differentiate a dApp from an application, a dApp basically is a website or a decentralized application, I mean that application is built on blockchain technology and an application is simply a website or an application that is on centralized things, like for example, LeoThreads is a microblogging platform built on Hive blockchain and Twitter is another microblogging platform but the owners are a small group of people and all the control and all the decisions about Twitter are made by the company, whereas in the decentralized the decision is made by the users themselves.

I want to mention in this article that we can use a radar of dApps and this is really interesting because I also want to start using other dApps, I think we can easily detect which are the best dApps to make money, another very important point is that the dApps are the most recommended to generate income online if you are a little new in online entrepreneurship, I think it is best to work on assets that then you generate passive income, such as YouTube.

I think many people should start to undertake business as a monetized channel on YouTube, I think it is a good idea for those new to this great world of finance and especially cryptocurrencies, for example, if we are in a bear market we can take advantage of our fiat currency income to buy more cryptocurrencies, our goal is to generate quality content and position ourselves so that LeoFinance.io goes far on the Hive blockchain, it's really great to know everything and for this reason I want to mention that we can generate decent income on Hive, but the most important thing is to bring value to the blockchain and participate in activities, it's a really great way to succeed in a decentralized social network.

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