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    ælf ItalyThursday, December 17, 2020 1:58 PM

    ​​#aelf101What's block height?
    Block height is defined as the number of blocks in the chain between any given block and the very first block in the blockchain.

    Blockchain is a revolutionary technology for creating permanent, secure digital recordings. It can record any information, but it started with recording bitcoin transactions.

    Imagine the blockchain as a book of records where each page in that book is what is known as a “block”. Blocks are attached to each other, making what is known as the “chain”. The first block in a blockchain is known as the genesis block.

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    ælf ItalyMonday, November 23, 2020 8:16 AM

    ​​#aelf101What are the types of USDT?
    There are three different types of USDT transfer. Many users will be puzzled. Here is a brief explanation of the differences between these three types.

    The first is Omni USDT based on bitcoin network, which is stored on the bitcoin address, and a small amount of bitcoin is required to be paid as miners' fee every time a transfer is made on the chain. The security is the best, but the transfer speed is slow.

    The second is the ERC20 USDT based on Ethereum, which is stored in the Ethereum address. Each time a transfer is made on the chain, the gas fee, that is, ETH, is consumed. Security and transfer speed are in the middle.
    The third one is TRC20 USDT issued based on wave field network, which is stored in the address of Tron and fully withdraws money through Tron network. The transfer speed is fast, and there is no service charge for the transfer on the chain, but the security is low.

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    ælf ItalyFriday, November 20, 2020 9:57 AM

    ​​#aelf101What are the types of USDT?
    There are three different types of USDT transfer. Many users will be puzzled. Here is a brief explanation of the differences between these three types.

    The first is Omni USDT based on bitcoin network, which is stored on the bitcoin address, and a small amount of bitcoin is required to be paid as miners' fee every time a transfer is made on the chain. The security is the best, but the transfer speed is slow.

    The second is the ERC20 USDT based on Ethereum, which is stored in the Ethereum address. Each time a transfer is made on the chain, the gas fee, that is, ETH, is consumed. Security and transfer speed are in the middle.
    The third one is TRC20 USDT issued based on wave field network, which is stored in the address of Tron and fully withdraws money through Tron network. The transfer speed is fast, and there is no service charge for the transfer on the chain, but the security is low.

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    ælf ItalyFriday, November 6, 2020 11:19 AM

    ​​#aelf101What is the#NFT- and why are they trending?
    1/ A non-fungible token (NFT) is a type of cryptographic token which represents something unique.

    Non-fungible tokens are not mutually interchangeable by their individual specification in the way that crypto assets.

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    ælf ItalyWednesday, October 14, 2020 6:42 AM

    ​​#aelf101​​ What are the advantages of Web 3.0?Web 3.0, while not fully defined, could leverage peer-to-peer (P2P) technologies like blockchain, open-source software, virtual reality, Internet of Things (IoT), and more. Currently, many applications are limited to run only on one operating system.
    Web 3.0 could enable applications to be more device-agnostic, meaning they would be able to run on many different types of hardware and software without any added development costs.
    Web 3.0 also aims to make the Internet more open and decentralized. In the current framework, users have to rely on network and cellular providers that surveil the information going through their systems. With the advent of distributed ledger technologies, that soon might change, and users could take back ownership of their data.

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    ælf ItalyMonday, October 5, 2020 2:06 PM

    ​​#aelf101#aelfDeFiWhat is the difference between DeFi and Open Banking?

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