Splash Bit, Vantage Building, Great West Road, Brentford (2026)

27/01/2022

An Abbreviation In Crypto That Everyone Should Know

🔹(FUD) Fear, Uncertainty and Doubt
🔸(FOMO) - Fear of Missing Out
🔹(ROI) Return on Investments
🔸(ATH) / (ATL) All-Time High/Low
🔹(DYOR) Do Your Own Research
🔸(AML) Anti Money Laundering
🔹(KYC) Know Your Customer

21/01/2022

TOP 7 CRYPTO CONFERENCES OF 2022 🔝

1️⃣ ETHDenver
🗓️ February 11-20
📍 Denver, USA

📌 The DAO model is the longest-running ETH event globally, yet the Ethereum community owns it. Applications are now open for participation in the event, and attendance is free.

2️⃣ World Blockchain Summit
🗓️ March 23-24
📍 Dubai

📌 This event brings together some of the most influential blockchain experts, politicians, and crypto enthusiasts. The World Blockchain Summit chose Dubai due to the city's favorable stance towards cryptocurrencies and the government's efforts to promote the technology.

3️⃣ Bitcoin 2022
🗓️ April 6-9
📍 Miami, USA

📌 It is the largest Bitcoin conference hosted by Bitcoin Magazine. The conference moved from Los Angeles to Miami after its mayor vowed to make it the world's cryptocurrency capital.

4️⃣ Blockchain Life 2022
🗓️ April 20-21
📍 Moscow, Russia

📌 Blockchain Life is one of the most significant events in the blockchain industry. The forum gathers more than 5000 participants and 100 stands. Among the forum guests are both industry professionals and those just starting their journey: traders, miners, entrepreneurs from the crypto-currency and classic business, investors, blockchain developers, government officials, and many others.

5️⃣ Consensus
🗓️ June 9-12
📍 Austin, USA

📌 The long-lived conference, organized by the most popular cryptocurrency media, CoinDesk, has been held since 2015. It will be born offline again in 2022 and plans to bring together thousands of participants with an impressive line-up of speakers.

6️⃣ Blockchain Expo
🗓️ September 20-21
📍 Amsterdam, Netherlands

📌 In 2022, this large-scale conference will bring together key industry experts worldwide for a two-day discussion on blockchain, IoT, cybersecurity, artificial intelligence, and Big Data.

7️⃣ Blockchain Economy Summit
🗓️ October 1-2
📍 Dubai

📌 Unlike other events, the Dubai government makes this conference accessible to the general public by keeping ticket prices at around $50.

12/01/2022

⛓️ 3 REASONS WHY ETHEREUM WILL OVERTAKE BITCOIN ⛓️

🔗 FIRST REASON: PLATFORM

Bitcoin can be called the progenitor of cryptocurrencies as an asset class. Meanwhile, Bitcoin is only a cryptocurrency. Ethereum is a whole platform, and Bitcoin is primarily a store of value and exchange. Ethereum is a general-purpose blockchain. Many of the rest of the cryptocurrencies use Ethereum or Ethereum Protocol derivatives as they provide faster transaction processing than the Bitcoin blockchain.

🔗 SECOND REASON: ENERGY EFFICIENCY

Cryptocurrency mining requires substantial energy costs. In the crypto space, energy consumption has become a key criterion. The world faces climate change, not to mention the fluctuations in electricity prices themselves.

The Bitcoin energy consumption reaches 707 kW, while this figure is 62.56 kW for Ethereum - advanced processors power complex algorithms on the bitcoin blockchain. Ethereum 2.0 requires much less electricity, making Ethereum a greener cryptocurrency.

🔗 THIRD REASON: MORE PRODUCTIVE

Yes, it all started with Bitcoin, but it must constantly prove its status as the most efficient and valuable cryptocurrency to maintain its leadership. The market capitalization of Bitcoin as of December 13 reached $ 900 billion, while the capitalization of Ethereum was just over half that figure, namely $ 456 billion. However, in 2021, the market capitalization of Ethereum grew faster than the capitalization of Bitcoin.

Bitcoin is undoubtedly the progenitor of cryptocurrencies, but Ethereum has proven much more fertile.
It runs on a faster and more flexible protocol, and the PoS model requires much less power than the PoW model. Analysts predict that Ethereum will continue to outperform Bitcoin in 2022.

30/12/2021

“Instant transactions, no waiting for checks and canceled payments, no account locks, no international transfer fees or commissions, no minimum, and maximum balances; access from any country in the world, round-the-clock work. No waiting for account approval, account opening in a few seconds. Bitcoin can be used by rich and poor alike. It isn’t subject to inflation or hyperinflation, problems with excessive national debt or banks, and is entirely free and voluntary. Bitcoin is the best payment system in the world!“

Trace Meyer

27/12/2021

The algorithm for working in the Splash Bit crypto exchanger is straightforward and will help you exchange cryptocurrency in literally 3 steps:

1. Registrate in several steps and create an application by choosing a direction and specifying the amount and wallet to receive or pay.

2. Check the entered information.

3. Pay on time - from 10 to 25 minutes. The exchange rate is fixed only for this time. You should make a transfer according to the details specified in the application and confirm the payment.

Splash Bit will record the cost receipt and transfer the required currency to an electronic wallet, bank card, bank account, or cryptocurrency address. The ex*****on time depends on the payment system, on average - up to 10 minutes.

You can view the application status in your account after registration, and it is also duplicated by email 📩💨

20/12/2021

Ethereum vs. Bitcoin

Are the two largest blockchain companies in the world so different? In short, yes. And this is an important distinction to make before delving deeper into what exactly Ethereum is.

Ethereum states that “you can get the control and security of Bitcoin mixed with the services provided by financial institutions. It lets you do things with cryptocurrencies that you can’t do with Bitcoin like lending and borrowing, scheduling payments, investing in index funds, and more.”

Gavin Wood, Ethereum’s Co-Founder, probably gives one of the best examples. Bitcoin is primarily a currency – it is one use of blockchain technology, the same way e-mail is one use of the internet. Ethereum utilizes blockchain technology for a coin, Ether, and various purposes and applications.

20/12/2021

6 More Cryptocurrencies Worth Paying Attention To | Pt. 2

🔑 Zcash (ZEC)

It is an open-source cryptocurrency founded in October 2016.
The founder and founder of Zcash is Zuko Wilcox, who has 20 years of experience in distributed systems, cryptography, cybersecurity. Known for his numerous computer science research papers and startups
Zcash is the first coin to be based on a zero-knowledge proof protocol.
The transfer of coins is recorded in the ZEC blockchain, but information about the sender, recipient, and the transaction amount is hidden. Also, it's one of the most famous anonymous cryptocurrencies.

🔑 Dash (DASH)

Dash is ranked 6th on the list of cryptocurrencies. In total, there are over 7.5 million units of this cryptocurrency, and it costs $ 327 per dash. It is another cryptocurrency that appeared in 2014 due to a change in the Bitcoin code, and the main difference from Bitcoin is complete anonymity.

As with Zcash, it is impossible to keep track of other people's transactions in the Dash system - data on transactions not published in blocks. Operators are responsible for this - another difference from Bitcoin. Operators and "miners" process information on their computers and receive funds for it.

🔑 Bitcoin Cash (B*H)

This currency appeared in 2017 from the bitcoin network.
The main reason for the transition to a new network protocol was philosophical differences.

Some Bitcoin developers saw the currency more as a store of value, while others wanted to promote it as a transactional medium of exchange.
For this reason, was added the word cash to the name of the new currency.

The main difference from Bitcoin is that there can be blocks of up to 8 megabytes in the Bitcoin Cash blockchain. The purpose of the change is to confirm transactions faster and include more transactions in the block.

In the following posts, we'll go into even more detail about each of these cryptocurrencies.
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20/12/2021

3 Important Factors in Choosing a Crypto Exchanger

1. Safety
🦺 For crypto operations, security is paramount.
When starting to use any service, pay attention to whether you can configure additional functions: two-factor authentication, anti-phishing code, IP safelist, notification system, and so on.
The safety of your funds depends on the security of your account.

2. Customer service
🛎️ A significant feature for newbies is the support service. If there is no "support" on the website of the exchanger, you will not be able to ask questions of interest or receive information about the transaction. A notable difference is also whether a human or a robot will communicate with you.

3. Multicurrency
💱 The Splash Bit is a multi-currency platform that works with different currencies, allowing you to exchange Bitcoin, Ethereum, Litecoin, XRP, Dash, and other cryptocurrencies for dollars or any additional money.
If you make a transaction, we invite you to visit our website - link in bio.
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20/12/2021

6 More Cryptocurrencies Worth Paying Attention To | Pt. 1

🔑 Ethereum (ETH)

This currency appeared in 2015, with funds collected by Vitalik Buterin through crowdfunding - a voluntary donation of money via the Internet.
Today it ranks second among the cryptocurrencies.
By the way, collected donations were in Bitcoins.
Unlike Bitcoin, ether is unlimited, and Ethereum is the first cryptocurrency to use innovative contract technology, which we will tell you about in the following posts.

🔑 Litecoin (LTC)

It occupies 2 percent of the total value of the cryptocurrency market, which is $ 2.7 billion. Litecoin appeared in 2011 thanks to former Google engineer Charles Lee. Litecoin, like Ethereum, is a hard fork from Bitcoin.
One of the few differences between Litecoin is the speed of transaction processing - it is faster than Bitcoin. If in Bitcoin blocks are created every 10 minutes, then in Litecoin, this happens faster - every 2.5 minutes. That is why Litecoin can process more transactions than in the Bitcoin system. The number of cryptocurrencies is limited and cannot exceed 84 million units.

🔑 Ripple (XRP)

Ripple create to speed up and save money on banking.
Most new cryptocurrencies appear due to small changes in the Bitcoin code, like Ethereum, for example. But in the case of Ripple, the code was written from scratch, under the order of venture capital funds.

Bank of America uses Ripple's technology, HSBC already. Unlike Bitcoin and Ethereum, Ripple cannot mine.
Ripple holds 5.7 percent of the total cryptocurrency market, which is $ 7 billion.

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Read the continuation in the second part of the post!

20/12/2021

Splash Bit is a fast and secure service for buying and exchanging cryptocurrencies. Together with our platform, you can make an exchange quickly and easily.
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See how stable our platform is regardless of market conditions. We provide you with a seamless exchange experience on our trusted cryptocurrency exchange. We value your time.

20/12/2021

HOW IT WORKS❓
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1️⃣ Register on the Splash Bit and make a quick exchange of cryptocurrencies right now.
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2️⃣ Depending on the amount of the exchange, pass identity verification to protect your funds and personal account.
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3️⃣ Congratulations, now you can buy, sell and exchange cryptocurrency fast and secure.
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Our website ⬇️
https://splash-bit.com/

20/12/2021

Splash Bit is a fast exchange, reliable data protection and a convenient interface for making transactions. Also on our website is a real-time tracker of all cryptocurrencies we offer. By joining our platform, you can make money on every exchange, and our team of consultants will help you legitimize your cryptocurrency income.
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Our website ⬇️
https://splash-bit.com/

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