💥 Gate Square Event: #Post0GWinUSDT# 💥
Post original content on Gate Square related to 0G or the ongoing campaigns (Earn, CandyDrop, or Contract Trading Competition) for a chance to share 200 USDT rewards!
📅 Event Period: Sept 25, 2025, 18:00 – Oct 2, 2025, 16:00 UTC
📌 Related Campaigns:
Earn: Enjoy stable earnings
👉 https://www.gate.com/announcements/article/47290
CandyDrop: Claim 0G rewards
👉 https://www.gate.com/announcements/article/47286
Contract Trading Competition: Trade to win prizes
👉 https://www.gate.com/announcements/article/47221
📌 How to Participate:
1️⃣ Post original cont
September 23, 2025
Family, greetings.
Let's walk through some basic terms in crypto.
Cryptocurrency is digital money that uses cryptography to secure transactions and operates on blockchain technology. It is decentralized, meaning it is not controlled by banks or governments, and transaction records are maintained in a secure blockchain system. Cryptocurrency can be used as an investment, a means of payment, or for saving.
Bitcoin is the first and most well-known cryptocurrency, created by the anonymous developer Satoshi Nakamoto in 2009. It is a decentralized electronic payment system that operates on blockchain technology, ensuring transparency and security of transactions without intermediaries such as banks. The number of bitcoins is capped at 21 million, making it a deflationary asset, and its value is determined by market demand and supply.
Altcoins are any cryptocurrencies other than Bitcoin. This name is a shortening of the English "alternative coins" (alternative coins). They were created to offer additional opportunities and address Bitcoin's limitations, such as transaction speed, as well as to explore new areas, such as smart contracts. There are many altcoins, each with its unique features and technologies, for example, Ethereum for smart contracts or Litecoin, which offers faster transactions.
Blockchain (, i.e. blockchain, block chain from block - block, chain - chain, that is, a chain of blocks ) - a distributed database that stores an ordered chain of records ( called blocks ), which continually lengthens. Each block contains a timestamp, a hash of the previous block, and transaction data presented as a hash tree. Transaction information is usually provided in an open, unencrypted manner. The inclusion of the hash of the entire block in the next block serves as protection against tampering and distortion. Therefore, making changes to one of the blocks requires corresponding changes in all blocks after it, which usually turns out to be either very complicated or very costly.
A transaction is a logically completed, self-sufficient operation that transitions a system from one state to another, and can refer to a banking operation involving the transfer of funds, an economic transaction, or a unit of work with data in computing that must be executed in full or not executed at all in order to maintain the integrity of the system.
#cryptocurrency
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#altcoins
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#Gate