What is Lorem Ipsum?
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
Why do we use it?
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using 'Content here, content here', making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for 'lorem ipsum' will uncover many web sites still in their infancy. Various versions have evolved over the years, sometimes by accident, sometimes on purpose (injected humour and the like).
Cryptocurrency users are all too familiar with the dreaded miner fees. These fees, also called GAS fees, are necessary to incentivize miners to include transactions in a block, and they can often be quite high. This is because miners are responsible for verifying and confirming transactions on the blockchain. While most transactions are processed quickly, sometimes miner fees can add up, resulting in higher costs for...
Proof of work is a consensus algorithm that is used in many different cryptocurrencies, including Bitcoin and Ethereum. It differes from Proof of Stake. Proof of work is a system that allows nodes in a blockchain network to agree on the order of transactions. It is also used to create new blocks and secure the network. Understanding Proof of Work In order to understand...
What is an ASIC miner? April 22, 2022 ASIC miners are devices that are used to mine cryptocurrencies. Meaning a “Application-specific integrated circuit”, the underlying ASIC chip is designed for a singular purpose, to “mine” cryptocurrency. ASIC miners are specifically designed for this task and offer much better performance than GPUs or CPUs. Originally developed in 2012 to mine bitcoin, ASIC miners have since developed to...
