Global News Archives - The Chain of Transactions - A blog about the most popular decentralized data technology - Fri, 05 May 2023 15:32:44 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 https://pazzi.world/wp-content/uploads/2022/11/cropped-blockchain_favicon-32x32.png Global News Archives - The Chain of Transactions 32 32 Unleashing the Thrills: A Comprehensive Review of JBD Online Slot Provider https://pazzi.world/unleashing-the-thrills-a-comprehensive-review-of-jbd-online-slot-provider/ Fri, 05 May 2023 10:12:03 +0000 https://pazzi.world/?p=133 It is always exciting to come across a new slot provider that promises a unique gaming experience. In this review, we will be taking a closer look at JBD, an online slot provider that has been gaining popularity in recent times. Our goal is to provide you with an in-depth analysis of JBD’s games, features,

The post Unleashing the Thrills: A Comprehensive Review of JBD Online Slot Provider appeared first on The Chain of Transactions.

]]>
0 0
Read Time:4 Minute, 47 Second

It is always exciting to come across a new slot provider that promises a unique gaming experience. In this review, we will be taking a closer look at JBD, an online slot provider that has been gaining popularity in recent times. Our goal is to provide you with an in-depth analysis of JBD’s games, features, and overall user experience, to help you make an informed decision on whether to give this provider a try or not.

Game Selection

One of the most critical aspects of any online slot provider is the variety and quality of its games. JBD offers an extensive collection of slot games, ranging from classic three-reel slots to modern video slots with multiple paylines and bonus features. All their games are designed with high-quality graphics and sound effects, ensuring an immersive gaming experience.

One unique aspect of JBD’s game selection is that they offer a good mix of traditional and modern themes. For example, you can find classic fruit-themed slots alongside modern slots based on popular movies or TV shows. This diversity ensures that there is something for everyone and makes JBD stand out from other online slot providers.

5 most popular slots

JBD Online Slot Provider is a rising star in the online gaming industry, offering a wide range of exciting slot games that cater to different player preferences. In this review, we’ll take a closer look at JBD’s 5 most popular slots and what makes them stand out.

Dragon Slayer

Dragon Slayer is a 5-reel, 25-payline slot game that takes players on a thrilling adventure to defeat dragons and win big rewards. The game features high-quality graphics and animations, along with bonus features such as free spins, multipliers, and a pick-and-win game. What makes Dragon Slayer unique is its “Dragon Slayer Meter,” which increases as players hit winning combinations and triggers a special bonus feature when filled up.

Fruit Frenzy

For those who enjoy classic fruit-themed slots, Fruit Frenzy is the perfect choice. This 3-reel, 5-payline slot game features vibrant fruit symbols, a simple gameplay, and a high RTP of 97.5%. The game’s bonus feature is the “Fruit Frenzy Meter,” which fills up as players hit winning combinations and awards a bonus payout when full.

Book of Riches

Book of Riches is a 5-reel, 10-payline slot game that takes players on an ancient Egyptian adventure to uncover treasures and riches. The game’s standout feature is the “Book of Riches” symbol, which acts as both a wild and a scatter symbol and triggers the game’s free spins bonus round. During the bonus round, a random symbol is chosen as the special expanding symbol, which can lead to big wins.

Lucky 7

Lucky 7 is another classic 3-reel, 5-payline slot game that appeals to players who prefer simple gameplay and straightforward rewards. The game features traditional symbols such as bars, sevens, and cherries, along with a high RTP of 97.5%. The game’s standout feature is the “Lucky 7” symbol, which pays out the highest rewards in the game.

Space Wars

Space Wars is a modern 5-reel, 20-payline slot game that takes players on an intergalactic adventure with alien creatures and futuristic spaceships. The game features high-quality graphics and animations, along with bonus features such as free spins, stacked symbols, and a “Cloning Pod Re-Spin” feature that increases the chances of hitting big wins.

User Experience

JBD’s website is user-friendly and easy to navigate, even for first-time visitors. The site’s layout is clean and straightforward, with clear categories and filters to help you find your favorite games quickly. The site’s loading speed is also impressive, ensuring a seamless user experience, even during peak traffic hours.

JBD’s games are accessible on multiple devices, including desktops, laptops, and mobile devices. Their mobile site is optimized for smaller screens, ensuring that users can enjoy their favorite games on the go. The graphics and sound effects are just as impressive on mobile devices, ensuring an immersive gaming experience regardless of the device you use.

Bonus Features

One area where JBD excels is its bonus features. They offer a variety of bonuses, including free spins, wild symbols, and bonus games. The bonuses are not only generous but also well-designed and add an extra layer of excitement to the games.

JBD also offers a loyalty program, where players can earn rewards based on their gameplay. These rewards can include free spins, cashback, and other exclusive offers, making it worth your while to stick around and play at JBD.

Fairness and Security

As with any online slot provider, fairness and security are critical concerns for players. JBD is licensed by the Malta Gaming Authority, which is one of the most respected licensing authorities in the industry. This license ensures that JBD’s games are regularly audited for fairness and that player data is protected using the latest security measures.

JBD also uses industry-standard encryption technology to protect player data and transactions, ensuring that your personal and financial information is safe and secure.

Conclusion

Overall, we were impressed with JBD’s games, features, and user experience. Their game selection is diverse and well-designed, and their website is easy to navigate and accessible on multiple devices. The bonus features are generous and add an extra layer of excitement to the games. Most importantly, JBD is licensed and regulated by a respected authority and takes player security seriously.

If you are looking for a new online slot provider to try, we highly recommend giving JBD a shot. With their impressive game selection, generous bonuses, and commitment to fairness and security, they are a provider that you can trust.

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

The post Unleashing the Thrills: A Comprehensive Review of JBD Online Slot Provider appeared first on The Chain of Transactions.

]]>
All or Nothing: two scenarios for bitcoin! https://pazzi.world/all-or-nothing-two-scenarios-for-bitcoin/ https://pazzi.world/all-or-nothing-two-scenarios-for-bitcoin/#respond Fri, 16 Sep 2022 10:02:00 +0000 https://pazzi.world/?p=42 Now it is critical for bitcoin (BTC) to hold the $16,000 level. If this does not happen, the price of the main cryptocurrency may update the multi-year low. Dave the Wave is a famous cryptoanalyst, whose “twitter” is followed by more than 130 thousand users. Yesterday he published in his microblog an updated model of

The post All or Nothing: two scenarios for bitcoin! appeared first on The Chain of Transactions.

]]>
0 0
Read Time:46 Second

Now it is critical for bitcoin (BTC) to hold the $16,000 level. If this does not happen, the price of the main cryptocurrency may update the multi-year low.

Dave the Wave is a famous cryptoanalyst, whose “twitter” is followed by more than 130 thousand users. Yesterday he published in his microblog an updated model of the logarithmic growth curve (LGC) of bitcoin.

According to his charts, bitcoin today is exactly on the lower end of the long-term logarithmic curve, which has historically acted as support. BTC has already had price action below this curve in its history, such as in the bear market of 2015 or during the COVID-19 collapse in March 2020.

In past cycles, however, such declines have not lasted long, and bitcoin has quickly regained its long-term support. This usually signaled the end of a bear market and the beginning of a new bull market.

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

The post All or Nothing: two scenarios for bitcoin! appeared first on The Chain of Transactions.

]]>
https://pazzi.world/all-or-nothing-two-scenarios-for-bitcoin/feed/ 0
The Miners… https://pazzi.world/the-miners/ https://pazzi.world/the-miners/#respond Sun, 11 Sep 2022 10:05:00 +0000 https://pazzi.world/?p=30 What miners do and why they are needed If the blockchain network acts as a third party in the transfer of value, then, like a banking system, the network has a support staff, in blockchain this staff is “Nodes”. – software code installed on special hardware, and the people who own and maintain such systems

The post The Miners… appeared first on The Chain of Transactions.

]]>
0 0
Read Time:2 Minute, 25 Second

What miners do and why they are needed

If the blockchain network acts as a third party in the transfer of value, then, like a banking system, the network has a support staff, in blockchain this staff is “Nodes”. – software code installed on special hardware, and the people who own and maintain such systems are miners.

To perform a transaction in a blockchain, it must be created and placed in a mempool – a special accumulator that collects transactions waiting to be added to the block and chain.

What miners do?

The miners connect to the mempool and start processing all the transactions in the queue. If you look at the process globally, it looks like this: the system learns about all the transactions in the mempool, processes them, writes to the block, and calculates the hashes. To confirm that the block is correct, a miner needs to submit a solution to the network, which is checked by other miners and, if all is well and most participants accept the result of the hash calculation, the block is considered correct and is then added to the blockchain.

It turns out that to add a new block, all participants in the network need to agree, and if the majority of miners support the decision and agree with it, the block appears in the network. That is, the blockchain needs a consensus or decision supported by the majority. That is what miners do, getting a reward from the network for their work.

There are two main types of mining: proof-of-work and prood-of-stake, but most blockchain projects now work on the proof-of-work principle, which is why miners need highly efficient and productive equipment.

How do transactions in blockchain happen?

In order to make a bank transfer, a user needs to open an account using his personal data, deposit funds into it, and only then can transactions be made, which in addition must meet the requirements of the financial institutions I mentioned above.

To make a transaction in the blockchain, the user needs only two keys: a Public Key and a Private Key.

“Public Key” is a set of numbers and symbols available for anyone in the bitcoin network to view – this is the number of the wallet, its address used to transfer funds.

The “private key” is the most valuable. It is used to sign all transactions in the wallet, so it should be carefully kept in a safe place.

All information encrypted with a user’s private key can be decrypted by anyone using their public key, but they cannot open a wallet or transfer funds. Thus it is possible to find out information about every transaction of any account, such a system is completely transparent, but it is also anonymous because blockchain does not store any personal information and it is difficult to identify the owners of private keys.

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

The post The Miners… appeared first on The Chain of Transactions.

]]>
https://pazzi.world/the-miners/feed/ 0
In a few years blockchain will be everywhere https://pazzi.world/in-a-few-years-blockchain-will-be-everywhere/ https://pazzi.world/in-a-few-years-blockchain-will-be-everywhere/#respond Fri, 21 May 2021 08:44:00 +0000 https://pazzi.world/?p=24 “In a few years, blockchain will be everywhere, but that does not mean that soon we will all be paying in bitcoins. Blockchain is not only a way of transacting cryptocurrencies, it has much more important and promising possibilities. One of them is city management.” “Blockchain technology should be taken as seriously as the development

The post In a few years blockchain will be everywhere appeared first on The Chain of Transactions.

]]>
0 0
Read Time:1 Minute, 14 Second

“In a few years, blockchain will be everywhere, but that does not mean that soon we will all be paying in bitcoins. Blockchain is not only a way of transacting cryptocurrencies, it has much more important and promising possibilities. One of them is city management.”

“Blockchain technology should be taken as seriously as the development of the Internet in the early nineties. It’s like an email to send money”.

“I think one of the problems with blockchain is the way it is presented to the world. All the reasoning ends up being pompous statements about the next idea that can change the world completely, destroying banks, money, and so on and so forth. It is too vague to generate practical interest, and too inaccessible for both ordinary and technologically savvy people to understand”.

Errors of Use

Blockchain should not be confused with cloud storage technology. It can hardly be called a database. After all, the system does not store physical information (a document), but rather the irrefutable confirmation of the existence of this information and the history of transactions with it.

The Figure

The World Economic Forum in Davos predicted that by 2027, 10% of all global GDP will be stored in blockchain networks.

Fact

In 2021, interest in blockchain in Europe declined in both the commercial and public sectors. According to a survey by Dell Technologies, other technologies such as artificial intelligence algorithms and industrial and commercial robotics are growing in investment appeal in Europe.

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

The post In a few years blockchain will be everywhere appeared first on The Chain of Transactions.

]]>
https://pazzi.world/in-a-few-years-blockchain-will-be-everywhere/feed/ 0
The cryptocurrency experienced events that were worse than the fall of FTX. https://pazzi.world/the-cryptocurrency-experienced-events-that-were-worse-than-the-fall-of-ftx/ https://pazzi.world/the-cryptocurrency-experienced-events-that-were-worse-than-the-fall-of-ftx/#respond Thu, 12 Mar 2020 07:25:00 +0000 https://pazzi.world/?p=33 Analyst firm Chainalysis compared the collapse of FTX to the decline of Mt.Gox to determine how FTX’s bankruptcy would affect the ecosystem. According to Chainalysis, FTX’s bankruptcy is likely to have relatively less impact on the crypto ecosystem than Mt.Gox’s collapse. Analysts concluded that FTX was a relatively smaller part of the crypto industry than

The post The cryptocurrency experienced events that were worse than the fall of FTX. appeared first on The Chain of Transactions.

]]>
0 0
Read Time:1 Minute, 5 Second

Analyst firm Chainalysis compared the collapse of FTX to the decline of Mt.Gox to determine how FTX’s bankruptcy would affect the ecosystem. According to Chainalysis, FTX’s bankruptcy is likely to have relatively less impact on the crypto ecosystem than Mt.Gox’s collapse.

Analysts concluded that FTX was a relatively smaller part of the crypto industry than Mt.Gox was at the time, and that the industry should recover faster than ever.

In a Nov. 23 Twitter thread, Chainalysis lead researcher Eric Jardine began his research by comparing the market share of the two firms, finding that Mt Gox averaged 46% of all exchange flows in the year leading up to its collapse in 2014, compared to FTX’s average share of 13% over the 2019 to 2022 period.

Jardine notes that in 2014, when Mt.Gox collapsed, centralized exchanges (CEX) were the only major players in the industry, while in late 2022, nearly half of all exchange inflows were captured by decentralized exchanges (DEX) like Uniswap and Curve.

Jardine believes that while there are other factors, such as Sam Bankman-Fried’s extensive public presence, “the comparison should instill optimism in the industry,” because when it comes down to market fundamentals. There’s no reason to think the industry can’t recover from this by becoming stronger than ever.

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

The post The cryptocurrency experienced events that were worse than the fall of FTX. appeared first on The Chain of Transactions.

]]>
https://pazzi.world/the-cryptocurrency-experienced-events-that-were-worse-than-the-fall-of-ftx/feed/ 0
Principles in Technology https://pazzi.world/principles-in-technology/ https://pazzi.world/principles-in-technology/#respond Tue, 10 May 2016 08:56:00 +0000 https://pazzi.world/?p=27 Intermediaries in the money transmission function Before Bitcoin and other cryptocurrencies, people had only two ways to transfer money: Usually the third party is a whole set of services and platforms working by their own rules. For example if a customer pays in-store by card, the merchant’s terminal contacts his bank, the bank forwards the

The post Principles in Technology appeared first on The Chain of Transactions.

]]>
0 0
Read Time:1 Minute, 47 Second

Intermediaries in the money transmission function

Before Bitcoin and other cryptocurrencies, people had only two ways to transfer money:

  • To hand over money, in person;
  • transfer through intermediaries – using a third party (banks, payment systems, mail, etc.);

Usually the third party is a whole set of services and platforms working by their own rules. For example if a customer pays in-store by card, the merchant’s terminal contacts his bank, the bank forwards the request to the payment system, the payment system forwards the request to the bank which gave the customer his card, and then the whole chain is repeated in the opposite direction. It is clear that this scheme is simplified as much as possible, but even from it we see how many participants (intermediaries) in a fairly simple operation.

Intermediaries

In addition to the transfer itself, intermediary banks can perform additional functions, for example, at the request of the state to write off debts and block accounts. An ordinary payment is checked against many parameters:

  • Whether there are enough funds in the user’s account;
  • Where the funds came from;
  • whether there are any debts;
  • whether there is a ban on the movement of funds;
  • What is the amount of payment, whether the purchase limit is not exceeded.

This is not a complete list of all the checks a payment undergoes; banks and payment systems keep more detailed information about the security system in secret.

But why is it bad? You may ask, the fact that you have to pay for the maintenance of the entire system, namely, servers, programmers, managers, lawyers, economists and other staff, and the user always pays.

Fact

When processing transactions in the blockchain, hashes are constantly checked, after which, the system goes up to the last hash, where it confirms the integrity and correctness of all previous codes so that the block closes.

This constant verification eliminates the possibility of someone adding “extra” coins and sending invalid information to the network – such a block will not pass the verification and will not be added to the network. Hence the name – a chain that works continuously and adds links.

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

The post Principles in Technology appeared first on The Chain of Transactions.

]]>
https://pazzi.world/principles-in-technology/feed/ 0
What’s blockchain? https://pazzi.world/whats-blockchain/ https://pazzi.world/whats-blockchain/#respond Tue, 17 Feb 2015 11:03:00 +0000 https://pazzi.world/?p=21 Blockchain is a decentralized database that is stored simultaneously on multiple computers connected to each other on the Internet. Each block represents a certain numeric code (not only numeric), and any subsequent block contains information from the previous block. Thus, we should consider that it is not only a database, but also a way to

The post What’s blockchain? appeared first on The Chain of Transactions.

]]>
0 1
Read Time:1 Minute, 13 Second

Blockchain is a decentralized database that is stored simultaneously on multiple computers connected to each other on the Internet.

Each block represents a certain numeric code (not only numeric), and any subsequent block contains information from the previous block. Thus, we should consider that it is not only a database, but also a way to encrypt and transfer data.

Around the world, this technology is actively used to transfer cryptocurrencies. If you send a cryptocurrency over a blockchain, thousands of computers around the world will confirm and store all information about the transfer.

The process of sending a transfer takes minutes. Blockchain money cannot be lost or tampered with. There are no third parties or intermediaries, and the accuracy of calculations is guaranteed by the mathematical accuracy of the technology.

Blockchain can be used not only for cryptocurrency transfers. It is used in the banking industry, cybersecurity, and identity verification. Basically, it is just a technology for organizing all kinds of data.

A continuous consecutive chain of blocks containing information, built according to certain rules. Connection between blocks is provided not only by numbering, but also by the fact that each block contains its own hash sum and the hash sum of the previous block. Changing any information in a block will change its hash sum. To comply with the chain rules, the hash sum changes must be written to the next block, which will cause its own hash sum to change.

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

The post What’s blockchain? appeared first on The Chain of Transactions.

]]>
https://pazzi.world/whats-blockchain/feed/ 0