❶ What is the difference between SHIB and SHIB/USDT in virtual currency
Consultation record · Answered on 2021-05-09
❷ How to change shib-heco back to shib
Consultation record · Answered on 2021-10-24
❸ Will shib become a mainstream currency in the next three years?
No.
It should be noted that the shib currency has no core consensus, not even the underlying construction fund pool, loan, database, exchange mechanism, etc. of the basic cryptocurrency. It is only based on the Ethereum chain. A kind of token, this kind of currency can only be short-lived, and everyone still needs to be cautious when investing.
SHIB is also known as DOGECOIN KILLER (Dogecoin Killer).
From the perspective of the token mechanism, unlike Dogecoin, SHIB has an issuance cap and a destruction mechanism. SHIB is issued based on Ethereum, and ShibaSwap will be launched at the end of April. Compared with Dogecoin, which can only be used for Twitter, Reddit rewards and other application scenarios, SHIB can be better applied to the blockchain ecology of Ethereum. However, the launch time of SHIB is short, and the circulation is not sufficient, and it still needs time to test.
❹ what coin is kingshib where is it used
1. King Shiba is the next big meme coin on Binance Smart Chain and Ethereum network. It provides real-world use cases such as staking dApps for Shiba rewards and NFT minting/marketing. According to the official website, King Shiba is a decentralized cryptocurrency that runs on BSC and can be traded through the Pancakeswap exchange. King Shiba Token was created as an imitation of Shiba Inu/Dogecoin.
2. The main use is liquid mining transactions.
Extension information:
1. What is liquidity mining
Liquidity mining is a method of obtaining more cryptocurrency by staking cryptocurrency. It is a new trend in Decentralized Finance (DeFi) that enables cryptocurrency investors to fully utilize their crypto assets and earn high returns, and anyone can participate in this ecosystem. In simple terms, it means locking up cryptocurrencies and earning rewards.
Second, give an example
Simply give an example. There is a foreign currency exchange office downstairs in your house, which can exchange between euros and dollars. At first, they used the model of matching the two sides of the transaction. One person wanted to exchange $1,000, and four other people wanted to exchange a total of 820 euros. Then the window matched these people to complete the transaction. If there is no matching transaction for the time being, it will be put on the book, and whoever wants to exchange it can find the person who placed the order to exchange it. This is called the order book model, and it’s the model used by cryptocurrency exchanges before. But this model requires someone to place an order to form a transaction, and many people have euros and dollars in their hands, and they go home and do not hang up when the price is not suitable. In this way, there are only those transaction orders. If there are not many people who exchange coins as a whole , an order takes a long time to be filled, and the liquidity is not very good. At this time, the boss of the exchange point came up with a new method. He opened deposits in U.S. dollars and euros, and people who have money but don’t need it temporarily can put foreign currency here and get interest. In this way, soon, he has a storage volume of 1 million US dollars and 820,000 euros. He paired the dollar with the euro to form a pool of $1 million: 820,000 euros. If someone comes to exchange dollars, take it directly from the pool of euros and give it to him at the exchange rate, and vice versa. In this way, you can exchange at any time, 24 hours a day, and you no longer have to wait for a transaction like an order book. The exchange liquidity has been greatly improved. Then the boss takes out the exchange fee as interest and sends it to the depositor, so that people who have foreign currency in their hands have the motivation to deposit, and the liquidity of the pool will get better and better, and it can accommodate hundreds of thousands of transactions once. , and later can hold several million.
❺ What will happen to the shib coin in three or five years?
It will be gradually replaced by others. It should be noted that the shib coin has no core consensus, even the basic The underlying construction of cryptocurrency has no fund pool, loan, database, exchange mechanism, etc. It is only a token based on the Ethereum chain. This currency can only be short-lived, and everyone still needs to be cautious when investing.
Cryptocurrency (English: Cryptocurrency, often used plural Cryptocurrencies, also translated cryptocurrency, cryptocurrency) is a medium of exchange that uses cryptographic principles to ensure transaction security and control the creation of transaction units. Cryptocurrency is a type of digital currency (or virtual currency).
Bitcoin became the first decentralized cryptocurrency in 2009, after which the term cryptocurrency has been used to refer to such designs. Several similar cryptocurrencies have been created since then, often referred to as altcoins. Cryptocurrency is based on a decentralized consensus mechanism, as opposed to a banking financial system that relies on a centralized regulatory system.
Bitcoin.Cryptocurrencies other than bitcoin
Cryptocurrencies other than bitcoin, also known as altcoins and altcoins, are partly derived from the ideas, principles, and source code of bitcoin, and are similar to bitcoin. There are more than 800 cryptocurrencies in circulation.
From February to April 2017, the total share of altcoins in the total cryptocurrency market increased from 15% to nearly 40%.
Because Bitcoin itself does not have an authoritative issuer and state power to maintain its authority and uniqueness, Bitcoin and its imitators can only get along on an equal footing, although it is the earliest virtual currency, It is also the most well-known and most familiar, and has the largest user network community, with strong network effects, and most of the time it is also the cryptocurrency with the highest market value, but it does not have an absolute exclusive status.
❻ How to transfer the shib on the matcha exchange to the Ouyi platform
Abstract dear~ I will answer this question, it will take some time to type, please also Please wait patiently~
❼ What is the income after shib pledge?
As for the income of shib coin mining, it depends on the strategic vision of investors and market conditions.
❽ What is the launch time of shibaswap
July 8, 2021
ShibaSwap will be for the purpose of decentralized trading, allowing Users buy and sell on the Ethereum blockchain. ShibaSwap will also launch two other tokens, LEASH and BONE. Both tokens have unknown use cases related to exchanges, more information will be released when ShibaSwap launches.
At present, neither Dogecoin nor Shiba Inucoin is a good investment option. The advantage of Shiba Inu coin is that it is smaller in scale and has more room for appreciation. The launch of ShibaSwap may stimulate another wave. The downside is that Shiba Inu Coin has only been around for less than a year, and it’s not enough to prove its true value.
On July 8, 2021, the much-anticipated shibswap will be launched. The shib project team was very funny before. If you ask when it will go live, you won’t say it. If you ask, you just don’t know, and then it will go live on July 8, 2021.
Talking about after shibaswap is online:
shibaswap is online, which is something that SHIB fans have been waiting for for a long time. But SHIB not only did not rise, but fell after the sprint, and is now hovering around 760. Looking at the data, not only the number of transactions is dominant, but TVL is also quite high. Looking at the data, TVL ranks fifth in DEX and TVL ranks fourth.
Doge rope is also the above Leash. It was initially an algorithmic stablecoin project. The setting was to do a rebase of doge to meet the meaning of “dog rope”, but it was not done later. Of course, this It is also expected. After all, according to the current cases in this field, the most unstable thing in the encryption circle is that it is stable. Finally, the issuer decided to stop the rebase, so the total amount of this token is limited to about 100,000 or more. .
The other is called Bone-Bone, which is defined by the Shiba Inu team as a governance token with a total amount of 250 million. It is expected that Bone will be used to complete community decision-making voting next year, but it is not yet online , and according to the white paper updated by the team last month, it should be more in the form of incentive tokens in the initial stage, just like the meaning of bones to dogs.
The issuance of Bone will be carried out on Shibaswap. First, a liquidity mining activity will be carried out for about two weeks. During this time period, about 1000 Bone will be generated in each block, which will be allocated to participate in the flow. For sex mining users, another 50bone will be generated to the mortgage pool, and 100bone will be given to the developer team.
❾ What is SHIB
The full English name of SHIB coin is SHIBA INU, the release time is February 1, 2021, the total supply is 100000000000000SHIB, and there is no inflation yet Deflation plan, log in to Huobi Trading. Shib is an experiment in decentralized spontaneous community building. After its initial inception, a leadership group was formed by prominent figures in the telegraph world. The purpose of this group is to assign skills within the community to appropriate roles in Shibs development and to agree on Shibs future decisions. Anyone who has the skills or time they can contribute to Shib will be invited to help develop and advance Shib. This group has so far been responsible for logo creation, social media presence, marketing and website development. The Shib community is at the heart of this project and will continue to grow and expand.
❿ How much shib coins can be mined in a day
1. How much shib coins can be mined in a day depends on your computer performance and operation time. . No one can say for sure how high Shib can get.
2. First of all, if each currency reaches 1 yuan, its market value will reach about 100 trillion US dollars. After 10 years of ups and downs, Bitcoin, as the ancestor of the blockchain and the leader of the cryptocurrency, has not yet reached 10 trillion US dollars. Shib is a token based on the Ethereum chain. It can only be short-lived. We still need to be careful when investing� In mid-March, Tesla CEO Elon Musk tweeted that he would keep a Shiba Inu at home. Coingecko data shows that within hours of Musk’s tweet, the price of Shib (chaicancoin) rose 300%, and Shib immediately sparked heated discussions.
Expansion information
shib news
1. On May 8, Huobi and okex were launched simultaneously, and users had enough space to buy; following the evil behavior of Dogecoin, Dogecoin successfully drove the currency circle to rise. Attract more fans into the currency circle. Shib and Dogecoin have linkage and similar properties, which will naturally attract the love of many traders. Many traders have this preference. They always feel that low-priced currencies are safe, so they frantically buy low-priced currencies. As a very cheap currency, it will naturally attract more users to enter. The most critical point is that there is a strong capital push behind it.
2. According to the official introduction, Shib is an experiment in decentralized spontaneous community building. Shib issued a total of 1000 trillion, of which 50% of the total supply has been placed in uniswap, the private key is lost, and the remaining 50% has been transferred to the Buterin address. This means that users can freely buy and sell in uniswap. Losing the private key by the team means giving up governance. Due to the low price of Shib, some users hold billions or even trillions of Shib coins. Shib is also known as the Dogecoin killer. From the perspective of the token mechanism, Shib is different from Dogecoin, with issuance restrictions and destruction mechanisms.
3. Shib is based on Ethereum and will launch shibaswap at the end of April. Shib can be better used in the blockchain ecosystem of Ethereum, instead of Dogecoin which can only be used for twitter, reddit rewards and other application scenarios. However, Shib has not been online for a long time, and the circulation is not enough, and it will take time to test. However, it should be noted that Shib coin has no core consensus, or even the underlying construction fund pool, loan, database and exchange mechanism of the basic cryptocurrency. It’s just a token based on the Ethereum chain. This currency is only short-lived. We still need to be cautious when investing.
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