Hello! In this post we will tell you about the types of passive earnings in cryptocurrencies
❓ What types of passive income exist in the crypto industry?
🔹 Staking is the holding of funds on the balance sheet to participate in PoS mining and receive interest for it.
🔹 Mining in its classic form is supporting the network’s operability, for which miners receive their reward in the form of a certain number of coins to their wallet for each generated block.
🔹 Masternodes are somewhat similar to mining. Users deploy a high-capacity network node and allow them to process transactions…
Hello! In this post, we will tell you about the types of tokens and which ones PYRK chose
❓ What are the types of tokens?
📌 The classification of tokens accepted by all does not exist at the moment. However, some organizations take over this function.
📊 According to the American Securities and Exchange Commission (SEC), tokens are of the following types:
🔸 Currency tokens (coins) are digital tokens that work like online currency. They can be used to buy or sell goods or services.
🔸 Asset tokens are digital tokens that represent a tangible asset or product.
Hello! In this post we will tell you how PYRK stands out from its competitors.
🔹 Most modern platforms do not offer any ideas at all. Their only goal is simply to make a profit from the ICO and then do nothing.
🔹 However, there are also bona fide development teams that put a lot of effort into development.
❓ How does PYRK differ from its competitors?
📌 Instant Send technology allows you to send and receive instant transactions
📌 Private Send makes them anonymous and reduces the risk that attackers determine from which wallet the transaction was made
Hello! 👋🏻 In this post, we will tell you about fraud and security in cryptocurrencies, as well as why you should trust PYRK.
In the crypto industry, as in any other area, there are certain risks. No one will ever give you a 100% guarantee of success. The ability to earn money depends on how much effort is put in, whether there are enough skills, and so on. However, there are factors hindering honest earnings in the crypto industry.
An example would be scam platforms that attract investment in their product and talk about how they will change the world…
Hello! In this post, we’ll tell you what factors to pay attention to when choosing a coin and why PYRK is a great investment.
💰 Mining and trading are the main ways to get digital coins, and the cryptocurrency itself is an attractive investment. However, before buying cryptocurrency, you need to figure out which one to choose and why.
❗️ When choosing a cryptocurrency, the most important factors are:
🔹 Solutions offered or improved by the coin
🔹 A website with information about the project
🔹 Open-source project
💡 PYRK is a great investment
🔸 First of all, PYRK improves…
Hello. 👋🏻 In this article, we will compare Proof-of-Work and Proof-Of-Stake mining technologies.
💡 Disputes about which algorithm is better do not subside not only among miners, but also among ordinary users of cryptocurrencies. Each project offers some kind of solution, or uses one of the existing ones. Let’s take a look at what it is and consider the solution that Pyrk offers.
🔹 Proof of Work is an algorithm that requires work to be done in order to enter information about transactions into the blockchain. Thus, finding a hash is a proof that a certain amount of work has…
Hello! 👋🏻 In this post, we will tell you about the future of blockchain and why it is worth investing in PYRK
🔸 The institutional economy, after the rise in popularity of blockchain technology, came to the conclusion that the distributed ledger is the future of the modern economy.
🔸 Blockchain allows not only to decentralize the entire financial system, but also helps “not keep all eggs in one basket”, contributing to diversification (digital assets).
🔸 For potential investors, cryptocurrencies are a great way to make a profit. …
Hello. 👋🏻 In this post, we will tell you why PYRK is better than Bitcoin
Speaking of Bitcoin, absolutely everyone in the crypto industry respects this cryptocurrency. This is a real pioneer, and most likely without it, there would be no crypto market we are used to today.
💎 No wonder it is called “cryptocurrency gold”. As in ancient times, it was gold that was initially used for financial transactions, just as Bitcoin was the first cryptocurrency. However, it is now becoming apparent that Bitcoin is technically obsolete.
❓ Why is PYRK better than Bitcoin?
🔸 Multishield technology. On the…
Hello! 👋🏻 In this post, we will tell you how to choose a project for investment in the crypto world and why PYRK is a great solution.
❗️ When choosing a project, the most important is the following:
🔹 Availability of the project on GitHub
🔹 White paper
🔹 Relevance of ideas
🔹 Prospects of the project
📌 Based on these points, PYRK is an excellent investment platform.
🔸 The team has a big repository on GitHub, where everyone can see our solutions.
🔸 The white paper in PYRK is based on the Dash project, from which it borrowed a…
Hello! 👋🏻 In this post, we will tell you about InstantSend technology.
⌛️ Bitcoin’s biggest problem was that it had a very slow transaction speed. Sometimes it even went up to 10 minutes. For this reason, Bitcoin will never become a full-fledged means of payment.
✅ Pyrk took a solution from Dash called InstantSend
🔹 Originally developed by Dash. Instant Transactions utilize Masternode quorums, users are able to send and receive instant irreversible transactions.
🔹 Once a quorum has been formed, the inputs of the transaction are locked to only be spendable in a specific transaction, a transaction lock takes…
A cryptocurrency based on Bitcoin, with additional features imported from both Dash and Digibyte. Improvements include triple algorithm Proof of Work