Sudra Safe Trade

REVOLUTIONIZING THE FINANCIAL WORLD

Sudra Safe Trade REVOLUTIONIZING THE FINANCIAL WORLD
Bitcoin

Is an alternative form of digital money that is not issued by nation states or corporations and is not controlled by financial intermediaries like banks. People who find value in this new form of money include investors, libertarians, the financially oppressed (no matter where they live), and others.

Altcoin

Is an alternative digital currency to bitcoin. The word altcoin is portmanteau of “alternative” and “coin”, to form “altcoin”. It actually refers to a group of cryptocurrency. Ultimately all the cryptocurrencies other than bitcoin.

Stable coin

A type of cryptocurrency that seeks to maintain a stable value by pegging their market value to an external reference. This reference could be a fiat currency like the U.S.dollar, a commodity such as gold, or another financial instrument.

Meme & Shit Coin

Are crypto tokens that feature branding or names referencing memes or internet trends. They are usually highly volatile and have scant practical use.

Market cap

the total value of a cryptocurrency, calculated by multiplying the current price of one coin by the total number of coins in circulation. It’s a snapshot of the coin’s overall value, not the amount of money that has been invested or is currently in the market.

Volume

Is the sum total of actual trades taking place. Meanwhile, liquidity is the amount available for trading at any single price. Usually, the higher the volume of cryptocurrency transactions, the more liquid the crypto market will be.

FDV

a metric used to estimate the future potential of a cryptocurrency project. FDV is calculated by multiplying the token price by the total supply, giving an estimate of the cryptocurrency’s market cap when all tokens are in circulation.

Market Dominance

Within the crypto world, this so-called “dominance” ratio is one of the oldest and most investigated metrics available. It measures the coin’s market cap relative to the overall crypto market — effectively showing how strong Bitcoin compared to all the other cryptocurrencies that are not BTC, called “altcoins”

Max supply

Max supply denotes the absolute maximum number of coins or tokens that will ever exist for a particular cryptocurrency. This finite limit is typically embedded into the cryptocurrency’s protocol, ensuring that no additional tokens beyond the maximum supply can be created or mined.

Total supply

the total amount of coins or tokens of a specific cryptocurrency that have been created or mined, that are in circulation, including those that are locked or reserved. Coins that have been burned or destroyed should be subtracted from this amount.

Circulating supply

the total number of coins or tokens that are actively available for trade and are being used in the market and in general public. When a company creates a particular number of tokens, only a portion of it instead of the whole supply is made available for circulation.

Crypto Currencies Overviews

Bitcoin

overview
Who is real founder of bitcoin?

Bitcoin was created by an anonymous person or group using the pseudonym Satoshi Nakamoto.
Nakamoto published a whitepaper titled “Bitcoin A Peer-to-Peer electronic cash system, “outlining the concept of a decentralized digital currency. The true identify of Satoshi Nakamoto remains unknown to this day.

What is Bitcoin White Paper?

On October 31, 2008 Satoshi Nakamoto, the mysterious and anonymous investor of bitcoin, released the bitcoin white paper introducing the cryptocurrency-and how it could be used-to the world.
https://bitcoin.org/bitcoin.pdf

Who First Invested in Bitcoin?

One of the first supporters, adopters, contributors to bitcoin and receiver of the first bitcoin transaction was programmer Hai Finney. Finney downloaded the bitcoin software the day it was released, and received 10 bitcoins from Nakamoto in the world’s first bitcoin transaction on 12 January 2009. Sources: Wikipedia

Who owns the most bitcoins?

The pesudonymous creator of bitcoin,Satoshi Nakamoto, remains the largest holder of bitcoin. With an estimated 1.1 million BTC, Satoshi’s fortune has never been moved from its original addresses since the early days of bitcoin, sparking ongoing speculation about their identify and intentions.

How much bitcoins do government hold?

Total Government hold 0.55 million bitcoins:
United states:213,264 bitcoins
China:190,000bitcoins
United kingdom:61,000 bitcoins
Bhutan:13,029 bitcoins
El Salvador:5,876 bitcoins
Source:northcrypto.com

Bitcoins ownership by country (only population)
1-Brazil with 41% (out of country population)
2-Indonesia with 41% (out of country population)
3-UAE with 35% (out of country population)
4-Singapore with 30% (out of country population)
5-US with 20% (out of country population)
6-UK with 18% (out of country population)
Source:worldpopulationreview.com

What is the largest ETF company in the world?

What is the largest ETF company in the world?
IShare (BlackRock) bitcoin trust (IBIT) 52.1billion$
Grayscale bitcoin trust (GBTC) 19.3billion$
Fidelity Wise origin bitcoin fund (FBTC) 19billion$
ARK 21share bitcoin ETF (ARKB) 4.41 billion$
Bitwise bitcoin ETF trust (BITB) 3.8billion$
Grayscale bitcoin mini trust (BTC) 3.6billion$
ProShare bitcoin ETF(BITO) 2.4billion$
Source:etfdb.com
You can check ETFs live market athttps://farside.co.uk/btc/

What make bitcoin unique?

Bitcoin is a form of digital. This means it doesn’t have a physical form. Instead, units of digital currency are traded over a computer network that has some unique properties. It does not have any central points of control(there are no banks)

How to buy bitcoin? There are many P2P Exchanges that you can buy bitcoin like Binance, Coinbase, HTX and etc.
But after many researches will say Binance platform is best option for buying bitcoin

Ethereum

overview
Who is real founder of Ethereum?

The ETH network was originally proposed by a Russian-Canadian programmer named Vitalik Buterin, who co founder the project with and impressive pantheon of programmers, media entrepreneurs, technologies. ETH has a total of eight co-founder
Russian-Canadian Vitalik butterin
British programmer Gavin wood
Charles hankinson
Candian Joseph Lubin
Anthony Dioro
Mihai Handsome
Jeff Wilk
Gavin wood
Source:gemini.com
Coin market cap

What is ETH White Paper?

ETH has emerged as a transformative force in the blockchain world, far beyond its origins as a crypto platform. The centerpiece of ETH’s revolutionary journey is its white paper, which out a vision of a decentralized world where code can govern currencies, contracts, and transaction.

Who First Invested in ETH?

Ross Blankenship:Venture Capitalist and early investor in Blockchain, ETH an Bitcoin. But the transaction network for ETH continue to grow… exponentially.
Source:medium.com

Who owns the most ETH?

The largest individual holders of ETH is co-founder Vitalik Buterin, who holds 245.8k ETH. we examine Vitalik’s net worth in greater detail in this report. Jeffrey Wilcke is another co-founder of ETH and is known to hold 136k ETH at the time of writing.
Source:etherscan.io

How much ETH do government hold?

In addition to Bitcoin, the government also controls 50,200 ETH worth around 130$ million and 750.7 wrapped Bitcoin (wBTC) worth around 44.41$ million. When other tokens are taken into account, the wallet’s total assets come to around 12.4$ billion.
Source:bitcoinsistemi.com

What is the largest ETF company in the world that have ETH ?

According to PANews, Lookinchain monitoring reveals BlockRock’s spot Ethereum ETF, known as the iShare Ethereum trust ETF, currently holds more than 1 million ETH. The total amount held is 1,025,326 ETH. Which is approximately valued at 4.04$ billion. Blackrock (ETHA)
Fidelity (FETH)
Bitwise (ETHW)
21 share (CETH)
VanEck (ETHV)
Invesco (QETH)
Franklin (EZET
Grayscale (ETHE)
Grayscale (ETH) You can check ETFs live market at https://farside.co.uk/btc/

What make ETH unique?

ETH is unique because it is not just a cryptocurrency but also a decentralized platform for developing decentralized applications (Apps) and smart contracts.

How to buy Ethereum? There are many P2P Exchanges that you can buy bitcoin like Binance, Coinbase, HTX and etc.
But after many researches will say Binance platform is best option for buying Ethereum

‌Binance Coin

overview
Who is real founder of BNB?

Binance Coin (BNB) was founded in 2017 by tech entrepreneur Changpen Zhao (AKA CZ). BNB is the native utility token of the Binance exchange, the largest cryptocurrency exchange in the world.
Source:forbes.com

What is BNB White Paper?

Binance Coin (BNB) is a cryptocurrency that uses smart contracts to govern the issuance, trading and movement of tokens, ensuring the security and transparency of transactions. The coin operates on the Binance Chain. Binance’s proprietary blockchain designed for fast and efficient transactions.
Source:wearblox.com

What is BNB auto Burn?

The BNB token has an auto-burn system that reduces the token supply to an acceptable range. BNB auto-burn employs two coin-burning mechanism. The first involves burning a portion of the BNB spent as gas fees on the BNB Chain. The second consists of BNB burning events held quarterly.
Source:binance.com
Coin market cap

Who owns the most BNB?

A new report published by Gary Wolf analytics shows that more than half of the circulating Binance coin supply belongs to Changpeng Zhao (CZ), former CEO of Binance. The report states that CZ owns a total of 94 million BNB, or 64% of Binance Coin’s total supply.

How to buy BNB? There are many P2P Exchanges that you can buy bitcoin like Binance, Coinbase, HTX and etc.
But after many researches will say Binance platform is best option for buying BNB

‌XRP

overview
What is XRP / XRP Ledger ?

Launched in 2012, the XRP is an open-source, permission less and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

Who are the Founder of the XRP Ledger?

In 2012, David Schwartz, Jed McCaleb and Arthur Britto launched the XRP Ledger with its native currency XRP as a faster, more energy-efficient alternative to the Bitcoin blockchain. In September that year, along with Chris Larsen, they founded the company that is today known as Ripple.

What makes XRP Unique?

The XRP Ledger presents a wide variety of applications and use cases related to payments including micropayments, DeFi, and, soon, NFTs. Deployed in 2012, the XRPL supports enterprises and Python, Java and JavaScript developers with powerful utility and flexibility. On the XRP website, developers can access different tutorials to help them get started using different coding languages, building apps, managing accounts and more.

How Many XRP are there in Circulation?

Unlike Bitcoin or Ethereum, the XRPL uses a unique Federated Consensus mechanism as its method of validating transactions. Transactions are confirmed on the XRPL through a consensus protocol, in which designated independent servers called validators come to an agreement on the order and outcome of XRP transactions. All servers in the network process each transaction according to the same rules, and any transaction that follows the protocol is confirmed right away. All transactions are public and transparent, and anyone can operate a validator. There are currently over 150 validators on the ledger, operated by universities, exchanges, businesses, and individuals around the world.

How is XRP Ledger Network Secured?

A new report published by Gary Wolf analytics shows that more than half of the circulating Binance coin supply belongs to Changpeng Zhao (CZ), former CEO of Binance. The report states that CZ owns a total of 94 million BNB, or 64% of Binance Coin’s total supply.

How to buy XRP? There are many P2P Exchanges that you can buy bitcoin like Binance, Coinbase, HTX and etc.
But after many researches will say Binance platform is best option for buying XRP

‌DOGE

overview
What is DOGE?

Dogecoin (DOGE) is based on the popular “doge” Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin’s creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin

How Do You Mine DOGE?

Dogecoin differs from Bitcoin’s proof-of-work protocol in several ways, one of which is by using Scrypt technology. The altcoin has also a block time of 1 minute, and the total supply is uncapped, which means that there is no limit to the number of Dogecoin that can be mined.
You can mine Dogecoin either solo, or by joining a mining pool. A Doge miner can mine the digital currency on Windows, Mac or Linux, and with a GPU. As of 2014, you can also mine Lite coin in the same process of mining Dogecoin, as the processes were merged.

How DOGE Can Be Used For?

Dogecoin has been used primarily as a tipping system on Reddit and Twitter to reward the creation or sharing of quality content. You can get tipped Dogecoin by participating in a community that uses the digital currency, or you can get your Dogecoin from a Dogecoin faucet. A Dogecoin faucet is a website that will give you a small amount of Dogecoin for free as an introduction to the currency, so that you can begin interacting in Dogecoin communities.

What is DOGE Libdogecoin?

Weeks after the release of Dogecoin Core version 1.14.6, core developer Michi Lumen announced the launch of Libdogecoin, a C-library of the network’s building blocks. Libdogecoin would allow developers to build Dogecoin-compliant products “without needing to worry about the deeper specifics of the crypto functions.” This means that less technical members can easily design products that comply with Dogecoin standards. Since the update is a pure library, it will not provide a “runnable” node facility. However, Libdogecoin will support multiple languages, including Python, Node.js and Ruby.

Companies That Accept DOGE?

・ Tesla
・ AMC Theaters
・ GameStop
・ airBaltic
・ Dallas Mavericks
・ EasyDNS
・ Newegg
・ Twitch.

How to buy DOGE? There are many P2P Exchanges that you can buy bitcoin like Binance, Coinbase, HTX and etc.
But after many researches will say Binance platform is best option for buying DOGE

‌SOL

overview
What is SOL?

Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.

Who are the Founder of Solana?

Anatoly Yakovenko is the most important person behind Solana. His professional career started at Qualcomm, where he quickly moved up the ranks and became senior staff engineer manager in 2015. Later on, his professional path shifted, and Yakovenko entered a new position as a software engineer at Dropbox.
n 2017, Yakovenko started working on a project which would later materialize as Solana. He teamed up with his Qualcomm colleague Greg Fitzgerald, and they founded a project called Solana Labs. Attracting several more former Qualcomm colleagues in the process, the Solana protocol and SOL token were released to the public in 2020.

What Makes Solana Unique?

One of the essential innovations Solana brings to the table is the proof-of-history (PoH) consensus developed by Anatoly Yakovenko. This concept allows for greater scalability of the protocol, which in turn boosts usability.

How to buy SOL? There are many P2P Exchanges that you can buy bitcoin like Binance, Coinbase, HTX and etc.
But after many researches will say Binance platform is best option for buying SOL

by CurrencyRate.Today