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How is cryptocurrency exchange done?
Each cryptocurrency exchanger works according to the following principle - two accounts are involved in the exchange: the contractor and the customer. The customer transfers a certain amount in one currency to the account of the contractor, after which the contractor transfers the converted equivalent in another currency to the customer's account. The main tasks of the owners of modern exchangers are high speed, security of exchange operations and the most simplified use of their services by clients. If the exchange of currencies requires a large number of steps in a strict sequence, no one will use such a service. Therefore, most exchangers allow you to deposit / withdraw cryptocurrency in just a few clicks. To create an account and transactions on a cryptocurrency exchange, mandatory registration is required. It is not necessary to register on the sites of exchangers, it is enough to indicate some data about yourself when exchanging (e-mail, in some cases you will need a phone number and full name). Registration on the exchanger's website still provides a number of advantages - participation in the loyalty program (all exchanges are summed up and bonuses are provided), the referral system (if any). The exchange procedure itself is the same on all exchangers. Let's look at xmr to btc calculator as an example: On the exchanger's website, select the exchange directions (xmr to btc). The amount to be given is entered in the "give" field - in the "receive" field we can immediately see the amount that will be transferred in the selected currency to the account following the exchange results; The exchange can be done anonymously, so a lot of data is not required.
How To Create A Secure IoT Network To Guard Your Connected Devices
IoT has created a bridge between the physical world and the Virtual World. With all conviction, we can expect IoT as an indispensable part of our lives. But as the IoT implementations are growing, the security concerns are also growing at the same pace. And Today, being a leading IoT service provider, we are going to share how you can create a secure IoT network that will keep your connected devices as safe as possible. Steps To Create a Secure IoT Network Let me tell you very straight that securing the IoT network doesn’t require a completely new or complex set of ideas and principles. The core lies in the best practices while designing the IoT solution.  As there are many small to big things considerably, We can say IoT security is a multi-faceted effort that requires big moves as well as small adjustments to ensure networks, data, systems, and devices are protected.  What is Security By Design? Security by design is a practice that ensures security as a crucial consideration at all stages of product creation and deployment. Often in the IoT developments led by speed and other priority factors, the security considerations are included late in the design and prototyping phase. That results in security breaches. It’s important to remember that as devices and their firmware get obsolete and error-prone in time, they may become an attractive target of bad cyber actors. Hence, it’s crucial to manage the lifecycle of security devices and cloud spectrum to reduce the attack surface. The sad part is that most of the time, robust and long-term security strategies are overlooked during IoT implementations. Security is not a one-time activity, rather an evolving part of the IoT ecosystem that should support IoT deployments’ lifecycle in: Adding new devices and decommissioning others, Onboarding to new cloud platforms, Running secure software updates, Implementing regulated key renewals, Maintaining large fleets of devices. All these activities require comprehensive management of identities, keys, and tokens. To avoid time-consuming and expensive services in the field, IoT Security lifecycle management solutions must facilitate updates remotely while executing them across large scale device fleets. Now let’s see the Security concerns in two popular forms of IoT: Tips To Secure Consumer IoT Devices Smart speakers, domestic appliances, connected toys, and smart locks are all potentially vulnerable if not properly secured by design and during their expected lifespan.  For example, someone who owns a Google Nest Hub and other Xiaomi Mijia cameras around his home claimed that he received images from other people’s homes, randomly, when he streamed content from his camera to a Google Nest Hub. There are many such examples where the design loopholes have caused many consumers more harm than good. The good news is that ETSI recently announced ETSI TS 103 645, the first worldwide standard for consumer IoT security. This sets a benchmark for how to secure consumer products connected to the internet and aims to promote best practice. Additionally, here we are going to share tips that will help you in designing a secure IoT network for your consumers and smart homes. Know Your Network and The Connected Devices – When we put together several devices over the internet that potentially leaves your entire network vulnerable. It’s common to lose track with an increasing number of equipped devices. Hence it’s essential to know your network — the devices on it and the type of information they’re susceptible to disclosing.  Assess the IoT Devices on Your Network First, know which devices are connected to your network, audit your devices to understand their security posture. While selecting devices check for newer models with stronger security features, etc. Further, before making a purchase, read up to understand how much of a priority, security is, for that brand. Input Strong Passwords to Protect Your Devices and Accounts Use strong and unique passwords that will assist you in securing all your accounts and devices. Get rid off the common passwords like “admin” or “password123.” Make use of a password manager, if needed, to keep track of all your passwords. At the same time ensure that you and your employees don’t use the same passwords across multiple accounts and be sure to change them periodically. Choose a Separate Network for Your Smart Devices Separating networks is a smart way to protect your smart devices in the IoT network. With network segmentation, even if attackers discover a way into your smart devices, they can’t access your business data or sniff on that bank transfer you did from your personal laptop. Reconfigure Your Default Device Settings Usually when we receive our smart devices they are packed with default insecure settings. And things become worse if we do not modify their configurations. As weak default credentials, intrusive features, ports and permissions need to be assessed and reconfigured as per your requirements. Install Firewalls and Other IoT Security Solutions to Identify Vulnerabilities To safeguard your Smart homes and other consumer IoT networks block unauthorized traffic over the wire through firewalls. At the same time run intrusion detection systems/intrusion prevention systems (IDS/IPS) to monitor and analyze network traffic. This is where you can use an automated scanner to uncover security weaknesses within your network infrastructure. Use a scanner to identify open ports and review the network services that are running. Now let’s check out the key steps to protect your enterprise network against modern security threats. Steps To Protect Your Enterprise IoT Network We have seen many manufacturing industries adopting IoT and growing. However many aren’t serious enterprise security, that’s a mistake. Because we have seen that In 2018,  21% of companies reported a data breach or cyberattack due to insecure IoT devices. So do not let that happened with you and follow the steps below to protect your enterprise IoT network: Step 1:  Be alert of the risk As IoT is relatively new as compared to IT, hence some of the threats are newer and not as widely used, and make companies reluctant. But we forget that IoT security is like buying insurance. We think we won’t ever have to use it, but the odds are, we might. So it’s better to realize that with a lot of connected devices in use, we might have vulnerabilities that need to be minimized and fixed. Step 2: Design a Secure network architecture The Ponemon study found that less than 10% of organizations are confident they know about all of the printers, cameras, and building automation systems on their networks that are connected to the Internet. Hence, it’s essential to carefully design your network architecture. And protect your devices from the network, and further protect your network from the devices. Step 3: Observe Your Suppliers and Vendors Attackers are smart today, they may target you through the suppliers and vendors. So do not underestimate the vulnerability that comes along with companies you connect with.  It’s a better practice to include the security practices as part of your vendor risk management process. Step 4: Practice For the Data Breach You must prepare for an IoT data breach the same way you prepare for disasters like fire, earthquake, or other. Make a plan, have a regular drill, and keep the plan updated. It’s good to have regular exercises to test your data-breach preparedness.  How will you tackle the situation If you get breached? you should have a well-documented plan for the same. Step 5:  Control what you can, and learn to live with calculated risk It is important to realize that while you should do everything that you can do, you can’t expect to prevent everything. So learn to live with a calculated risk. For something that’s as crucial as a backdoor into your entire network, which is really what a smart-building management company represents, you really need to keep a close eye on their security practices. Step 6: Start now, and get ready for whatever comes next IoT being an emerging technology can not and should not be removed from our enterprises.Although there is risk that comes with it but like all excellent growth you need to take that risk and better prepare yourself to reduce the chances of mishappening like data breaches and others. You know new devices are coming with each passing days, hackers are becoming more creative, and the risks are getting more profound and devastating. So, Be aware and take proactive steps to secure your IoT network. And if you are looking for any other assistance in IoT services, do not forget to check our IoT services page.
Develop a futuristic DeFi Decentralized Application at an affordable price
The DeFi decentralized application is the most discussed topic in the real world since it significantly impacted global users for its efficiency to transact funds faster. The DeFi DApp is an excellent platform for investors to create various projects to benefit their future growth. It helps the global users from experiencing various DeFi DApp services like yield farming, crowdfunding, liquidity mining, and lending & borrowing to reap profits. The DeFi DApp platform is powered by automated smart contracts that manage the overall flow of transactions without any delay to benefit the users. It is entirely decentralized, and there is no need for central authority permission to transact users' funds. The DeFi DApp platform helps the user to gain high returns over their investment, in the long run, to flourish their business growth in a short period. Benefits of investing in the DeFi DApp platform : Investors can gain immediate liquidity based on the trade volume in the DeFi DApp platform to increase their business revenue, It is highly flexible and scalable for users to enhance hassle-free transactions round the clock in the DeFi DApp platform. Anyone can access the DeFi DApp platform irrespective of their wealth or social status with less investment. There is no possibility of changing or altering user transaction details in the DeFi DApp platform since it is highly secured. It is integrated with high-end security protocols like Escrow protection, HTTP authentication, and end-to-end encryption to prevent various hacks. It maintains high transparency over user transaction details in the blockchain-based DeFi DApp platform to gain their trust. The DeFi decentralized application is becoming more popular in the digital world that gained user’s attention in less time after its launch in the global market. The DeFi DApp has great demand and value in the marketplace. Investors can contact a reputed Blockchain App Factory to get ready to launch the DeFi App platform with high-end features cost-effectively.
What is the Future Plan of Soul Token in 2021
SOUL Token is a community-driven cryptocurrency that aims to make it easy for crypto investors/holders to contribute to their favorite social causes and help those in need anywhere in the world. The SOUL Token project team intends to help charitable organizations around the world through donations made with the support of token holders, investors, and users. SOUL Token is a DeFi token built on the Binance Smart Chain. It is a futuristic cryptocurrency that will help contribute to the most in need. The idea behind the development of the SOUL token is to help charitable institutions with easy & real-time access to funds in times of need. Here, we discuss the project roadmap to understand the current progress and future plans of the project. SOUL Token Roadmap - Future Plans & Timeline SOUL Token IDO/ICO is in process and will end on 28th June 2021. Q3 2021 Release of the token: SOUL Token is currently under development and is expected to be released in the third quarter of the current year. Initial Marketing: Before the token release, the team will start marketing the project and the token through different online channels, social media, forums, etc. This will help build a community around the project. Increase liquidity through investors The team is actively inviting retail and institutional investors to contribute to the project and become a partner to ensure liquidity in the token price. You can buy the token from the website http://soultoken.fund/ Adding to Trust Wallet Repository During the same period, the token information, code, development details, etc. will be added to the Trust Wallet Repository for everyone to see and access freely. Whitepaper release The team is currently working on the SOUL project whitepaper and will most probably launch it in the third quarter of the year. The whitepaper will have full project details, including goals, market research, objectives, token details, tokenomics, future plans, team information, etc. CoinMarketCap & CoinGecko listings After the token launch, SLT will be first listed on CoinMarketCap and CoinGecko websites, which are two of the leading crypto listing platforms. Q4 2021 Listings on Centralized Exchanges After a successful ICO and once there is an adequate number of investors, the SOUL token will be listed on top centralized exchanges to commence trading. Promotions through official news channels Now, the full-fledged promotion of the project and token will start. We will hire a dedicated marketing team using the funds raised through the ICO. The team will be responsible to promote the token via official news/media/community channels. First major donation through official charitable entities The first major donation by the team will be made to those in need through official charities. Launch Soul Token Merch store About the same time, the official Merchandise store of SOUL token will be launched, allowing our users to buy interesting stuff directly from the brand store. Release donation proofs on the website Following up on our commitment to complete transparency, we will release donation proofs on the website for all investors and users to see. Q1 2022 More Listings on major Centralized Exchanges After the successful commencement of SLT trading on major exchanges, we will keep listing the token on more centralized exchanges to allow more and more investors to easily buy & trade the token. Second major donation through official charitable entities During the first quarter of 2022, the team will make their second major donation to the most in need through official charitable entities. The proof for the same will be posted on the website at a later date. Increase marketing campaigns The team will continue to expand its marketing programs to reach more and more users, investors and crypto enthusiasts worldwide and to establish SOUL token as an authoritative digital currency in the industry. Website upgrade with live price data and donations schedule A major update on the website will be released in 2022, which will allow users to see live token price data along with a schedule of ongoing and upcoming donation events. To know more or to invest in the SOUL Token ICO, visit the website http://soultoken.fund/ content sources: https://blogfreely.net/soultoken/
Attention Vinglers: Announcing CryptoBadge!
Hi Vinglers! We’re reaching out to our Vingle Family to let you know about a new system that Vingle will be adopting that we think you’ll really enjoy. The system is called CryptoBadge! It’s so cool and we’re excited that Vingle is the first community service to adopt CryptoBadge. CryptoBadge is a blockchain-based certificate system that enables people, like all of you on Vingle, to take their unique achievements, experiences, and contributions and share them as a badge anywhere online. CryptoBadge is universal, verifiable and eternal. It’s verifiable and eternal because it is stored in blockchain. This means you don’t have to worry about someone stealing your credits, or unfairly losing your credits just because the service or certificate issuer is shut down. CryptoBadges you’ve won can be used universally both within Vingle and outside of Vingle. For example, a Kpop convention might offer early access to tickets for those holding a President of BTS, Pioneer of Big Bang, or Editor of VIXX Badges because their commitment to the fandom is obvious and proven, and they deserve it!! These badges will range from anything from sharing your academic achievement, game ranking, your scuba diving certification, how many bottles of soju you’ve drunk and most especially, to your participation on Vingle! Soon you can proudly display your Pioneer, President, Editor Badges, and more on your profile! Rather than trying to explain what you’re all about in your Bio in boring text and bullet points, you can now simply share visualized, fancy, and easy Badges on your profile here on Vingle but also on Facebook, Instagram, Linkedin, your blog, and wherever else you want! These badges will be ready for you to claim, starting later tomorrow! As always, we’re so thankful for the love and support you give to your Interests and we hope the badge system will add another layer to the incredible Communities you’ve built. You can learn more about CryptoBadge HERE. Also, CryptoBadge starts “University Battle” on Feb 18, 2019. Check it out to win your school badge and also earn your coins!
Is Litecoin A Good Investment To Earn Money?
Should I invest in Litecoin? We all know that Bitcoin is known as "Digital Gold" and litecoin is known as "Digital silver". The cryptocurrency market is very variable. It is very difficult for any coin to stay in the top ten for a long time, but Litecoin and Bitcoin maintain a record of 409 weeks as top ten cryptocurrencies. Litecoin working principle matches BTC to one level. Litecoin is considered a good source of investment. Is litecoin a good investment? The common public scenario for Bitcoin investment is not clear due to the hater's false argument. But we will provide an explanation that supports the argument that litecoin is a good investment. Litecoin was formed by Charlie Lee by a fork of the Bitcoin blockchain. Litecoin is better than bitcoin due to various reasons: ⦁Less transaction fee ⦁Better hashing algorithm ⦁Quick blockchain generation The first difference between the two cryptocurrencies is the transaction fee. The job of miners is to verify the transactions of blockchains and add new blocks in the chain. Bitcoin miners used to earn a lot of profit from Bitcoin mining. Do you know where this profit came from? High transaction fees. When the transaction fee of Bitcoin increases, the profit rate of miners reaches high peaks. Is litecoin a good investment? The mining algorithm of Litecoin is a good investment for the average person. Lee Charlie used the Scrypt algorithm for Litecoin. Scrypt is one the first hashing algorithms which was launched after a complex algorithm SHA-256. The reason Lee chose the Scrypt algorithm for Litecoin is mentioned below. Mining is a complex process that needs strong, powerful, and efficient hardware. We can do mining with CPU, GPU, and ASIC. But ASIC provides more hash rate than CPU or GPU. Mining bitcoin with ASIC became a game of a few minutes. On April 28, Core Scientific-biggest mining pool bought 112,800 ASIC. Their strategy behind this was to become the biggest stakeholder of Bitcoin in market cap. But this is against the rule of Cryptocurrency which is decentralization. Due to this Lee launched Scrypt as a hashing Algorithm which is less susceptible to ASIC and is accessible to average miners. Is litecoin a good investment? Lee charlie called Litecoin Digital silver and Bitcoin digital gold because of its dependability. Gold being an expensive metal is used as an alternative for buying expensive things as silver being an average metal used for buying average things. Bitcoin the transaction fee is less than Bitcoin it makes it easily accessible to everyone. But this point is not good in the field of cryptocurrency. Many altcoins are rotating in a market with Litecoin code. The reason why people start hating Litecoin is when its inventor Charlie Lee sold all his shares of Litecoin. This step disappointed a lot of investors who were planning to invest in Litecoin. But Charlie did perform this task for the better and success of Litecoin. He openly and clearly explained the backend idea of doing this act in an interview done by a worldwide exchange. So all the facts provided above satisfy the fact "Bitcoin as a good investment"investment So if you are planning to invest in something which will give a heavy profit and will help you in a long way then invest in litecoin today. You can get to know about present litecoin to USD price so that you must keep on calculating profit rate after years. Buying a lite coin is easy you can buy litecoin with a debit card.
Welcome to the CryptoBadge!
1. Introducing CryptoBadge and getting your first CryptoBadge! CryptoBadge is a collectable certificate that is verifiable, eternal, and universally shared. CryptoBadge lets people identify themselves through badge collections that represent their expertise, achievements, contributions, and hobbies. Ready to be a CryptoBadge hunter? Receive your first CryptoBadge and learn more about the CryptoBadge project here 2. Why Project CryptoBadge chose to align with Vingle Community System? We chose to ally with Vingle because it is a community platform that not only has all the essential functions to host communities, but also it is aggressively adopting a smart governance system to support REAL community autonomy. Community needs a lot more than just content discovery or messaging. Vingle supports various content types (text, images, videos) and provides easy ways to systematically label and organize content, archive Q&As, recognize contributors vs. trolls, create chat rooms, and last but not least, to make collective decisions. Vingle provides a smart governance system where members of each community can run their community autonomously by electing staff members, organizing information, designing privileges and penalties, and more. Last but not least, Vingle is the community platform that deploys CryptoBadges first and best. Vingle is actively releasing new features every week and will keep providing new services, making the best use of CryptoBadge. Currently, Vingle provides its community staff, such as President and Editors, with badges and corresponding authorities (To see Vingle’s current governance features). Vingle will also allow its communities to add a variety of badges and positions so that each community can create their own badges and governance structure, which we are very excited about! 3. About Vingle’s CryptoBadge Community Making full use of Vingle’s features, combined with the badge system, we want to run this community, #CryptoBadge, autonomously based on the participation and consensus among CryptoBadge fans who are interested in the CryptoBadge project. You can take part in running this community, #CryptoBadge, by becoming a council member. If you’re interested, apply here!
How to embed badges on your social network profile?
[Table of Content] 1. How to embed your badges on your LinkedIn profile? 1) Embedding your school badge in the Education Section 2) Embedding your badges in the Certificates Section 3) Embedding your badges in the Experience Section 2. How to embed your badges on your Facebook profile? Embed CryptoBadges on your social network profile as proof of your experiences! Unfortunately, LinkedIn’s layout isn’t optimal for badge display, but you can still share your CryptoBadge link as a verifiable proof of your experience, which will definitely strengthen the reliability of your profile. On Facebook, you can display your CryptoBadge in a visually optimal way just like your CryptoBadge profile page. Show off your badges! 1. How to embed your badges on your LinkedIn profile? 1) Embedding your school badge in the Education Section First, click on the Edit button located on the right side of your school. Click on the Link button, paste the URL of your certification, and click on the Add button. It takes LinkedIn several seconds to import the certification URL. Once the certification addition is complete, click Save! 2) Embedding your badges in the Certifications Section First, create a Licenses & Certifications Section by clicking the Add Profile Section button and choosing Licenses and Certifications. In the pop-up shown below, enter your badge name in the Name field. In the Issuing Organization field, you can enter CryptoBadge or other relevant issuer’s name. Lastly, in the Credential URL field, enter your certification URL. Click on the Save button, and you’ll see your CryptoBadge on your LinkedIn profile. 3) Embedding your badges in the Experience Section On LinkedIn, we created a virtual organization, CryptoBadge Network, for all CryptoBadge fans around the world to join. Go to the Experience Section and add “CryptoBadge Network” as one of your experience. In the Company field, enter CryptoBadge Network. In the Title field, you can enter whatever titles you like, be it Citizen, Member, Fan, or whatever. And then, more importantly, add your badges by clicking on the Link button as below. 2. How to embed your badges on your Facebook profile? We will support Facebook Embed soon from late March of this year. The detailed instructions will be provided when the feature is ready.