Weekly Three Featured Posts on Tron, Blockchain & Crypto || (Year 2023: Week 03)
INTRO
INTROBeing a moderator of the Tron Fan Club community, I am working with Tron, Cryptocurrency & Blockchain, Defi, Smart Contracts and Trading related posts. I feature three posts every week on the above topics.
FEATURED POSTS
FEATURED POSTS1ST FEATURED POST
1ST FEATURED POST
| Title | SIGNS OF A GOOD CRYPTO EXCHANGE |
|---|---|
| Author | @mondraye |
| Post Link | Link |
| Topic of the Post | Exchange sites play a very important role for crypto trading or other currency trading. We can do various currency trading through exchange sites. But having any assets in an exchange site's wallet means it is not always safe when it is a centralized exchange site. Various scams of an exchange site named Thodex based in Turkey have been discussed very nicely in this post. This post makes some points to understand that the centralized exchange site is now in a weak state. Offering tokens at a much lower price than the market, stopping withdrawing without notice, asset freezing or delaying problems can be guessed in which direction the site is heading. Where the job of an exchange site is to trade and profit from it, when they stop or freeze this work, there must be something wrong. I'm featuring this post as the best post this week for some great stuff and a nice post on the weakness of this Turkey based exchange site Thodex’s problem. |
2ND FEATURED POST
2ND FEATURED POST
| Title | PPOS (pure proof of stake) |
|---|---|
| Author | @sir-charles-jude |
| Post Link | Link |
| Topic of the Post | In the world of blockchain technology, we have come across different types of consensus algorithms. We have come across different mechanisms like Proof of Work, Proof of Stake, Proof of Burn, Delegated Proof of Stake etc. as each blockchain follows a different consensus algorithm. Proof of Stake is considered to be a very good system but it also has some weaknesses such as only those who can stake a large amount can be a part of mining here. This problem can be easily overcome if we consider another proof of stake system where some users are randomly selected as miners and in the second step a panel of 1000 people are selected completely randomly to validate the blocks. How would it be then? Definitely very good. This is called Pure Proof of Stake Mechanism. And this week I'm featuring this post for a very detailed and excellent discussion of a blockchain named Algorand that introduced the world's first pure proof-of-stake mechanism. |
3RD FEATURED POST
3RD FEATURED POST
| Title | Friday Trx Initiative (Staking and Voting) 60 trx staking - Tron Fan Club |
|---|---|
| Author | @fasoniya |
| Post Link | Link |
| Topic of the Post | In our community I always try to have as the third featured post the post that was considered the best post in terms of TRX staking in the previous week. So as always I feature the best staker posts from the trx staking initiative here. |
PREVIOUS FEATURED POSTS
PREVIOUS FEATURED POSTS| Week No | Date | Three Authors | Post Links |
|---|---|---|---|
| Year 2022 | 43 Weeks | 48 Authors | Link |
| Week 01 | 01-01-2023 to 07-01-2023 | srrebullient shravana mhmaruf | Link1 Link2 Link3 |
| Week 02 | 08-01-2023 to 14-01-2023 | srrebullient lordchuddy fasoniya | Link1 Link2 Link3 |
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