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What is NANO?

While many cryptocurrency platforms fail to find a viable solution to the issue of scalability, the Nano team is confident that they have already solved this problem… Nano stands out with features such as instant transactions and zero transaction fees.. This cryptocurrency has a unique code called Block-Lattice.

What is Nano?

Nano is a crypto that uses a code called Block Lattice and DAG (Directed Acycic Graph) algorithms. money. If you want to have a Nano account you have to go through a special procedure called Account-Chain. It is possible to change these “chains” in your own personal account without the help of the network. In order to perform a Nano transfer on this network, you must have performed two transactions; sender and receiver process. The account receiving the nano has to sign a block to perform the transfer.. If this is not the case, the transaction cannot occur.. Every transaction takes place via a protocol called UDP that allows offline transactions.. Since transactions can be processed separately from the network, there is no such thing as a block size problem, which means transactions can be processed much faster.

Nano was developed by whom and when

Nano was first developed Raiblocks, as it was called at the time of its release; Developed by Colin LeMahieu in 2017.

What Makes Nano Special?

-Removes the block size issue.

-The cost of running a node None.

-Operations are performed independently of each other.

-It has enhanced latency, so a chain of accounts can be loaded at any time.

Nano and Block Lattice

Block-Lattice infrastructure allows much faster transactions compared to Bitcoin and other blockchains, while eliminating the scalability issue. Transactions made in different blocks reduce the probability of the block size problem, which is one of the biggest problems of blockchains.

This technology is also environmentally friendly.. Working with the DPOS (Delegated Proof of Stake) model, this infrastructure protects itself from mining and the possible threats it brings.. While there is no energy consumption because there is no mining, transactions are confirmed much faster.

Nano and Micro Payments

Nano IOTA also makes micropayments possible without any commission deductions.. If we compare with IOTA in this regard, there is no interruption in either, but the interruption is not the only issue we need to be concerned about; Speed ​​is also an important factor.. In IOTA, a transaction does not have to go the first time, and it can take a few minutes for a transaction to be confirmed.. Nano’s processing time is between 5-10 seconds.. In addition, IOTA addresses are not permanent; When an address is used for a “send” transaction, it can no longer perform any “buying” transactions.

Nano Wallet

Click here to enter Nano’s official site, download your wallet suitable for your operating system from the Wallets section. You can install and securely store your Nanos in these wallets.. Follow the steps below for PC installation of Wallet:

1- Install Wallet on your computer.

2- Synchronize your wallet. When the wallet is opened, you will see an empty wallet for you to specify the password, and Block-Lattice will automatically download.

3- When you set your password, make sure to write down your Wallet Seed and do not share it with anyone.. If you lose this Seed, you will not be able to reach your wallet and you will not be able to recover any Nano in your wallet without this Seed.. Make sure to backup and keep this Seed in a safe place.

4- Use your address starting with XRB to send Nano to your wallet, and simply use the Send button to send from your wallet.. Keep in mind that you have to unlock your wallet both when receiving and sending Nano.

Where Can I Get Nano?

You can get Nano on cryptocurrency exchanges like other cryptocurrencies.. Exchanges you can buy are listed below. Of course, if you buy it, it would be beneficial to create a wallet and have your own seed there to avoid problems like Bitgrail and to store your Nanos safely…

-Binance

-Kucoin

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-Okex

-Bit-z

-Mercatox

-HitBTC

Nano Price:

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Private bank Falcon opens cryptocurrency management center

Swiss private bank Falcon offers a harmonized process for its clients to invest their trading wealth in cryptocurrencies.

The Zurich-based bank has implemented an app that says existing and new private banking customers can monetize their wealth with crypto assets.

The bank stated that it has implemented due diligence using “special tools” to analyze its customers’ transaction history with Blockchain.

“This innovative proposal comes just in time.”

Falcon Private Bank CEO Martin Keller said that the bank’s auditor, PricewaterhouseCoopers, has reviewed and approved the process.

“With this initiative, we expect an increase in client demand for our bank’s Blockchain asset management services. Given the latest developments regarding cryptoassets, this innovative proposal comes just in time.”

The bank entered the cryptocurrency space in July last year through an alliance with Bitsuisse (Swiss cryptocurrency). It had provided Blockchain asset management services to customers.

Under the regulation approved by the Swiss regulatory agency Finma, customers can use their cash holdings to exchange foreign currency via Falcon.

Also, a Bitcoin in the lobby of the bank’s headquarters in Zurich. ATM installed and open to the public during business hours.

Finextra

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Bank of Israel accepts Bitcoin as financial asset

Israel’s Central Bank said it would not recognize cryptocurrency as a currency or foreign currency (currency) because “Bitcoin does not meet the legal definition” and “does not perform the basic functions of currency.”

In a speech Monday. Nadine Baudot-Trajtenberg, acting chairman of the Bank of Israel, announced the official view of the Central Bank on the recognition and regulation of cryptocurrencies such as Bitcoin. The central bank official has agreed to address a series of customer complaints about banks having difficulty transferring cryptocurrencies to purchase cryptocurrencies from their cash accounts.. But he also admitted that it would be “difficult” to issue regulations for cryptocurrencies. The Bank of Israel tends to view all of this as a financial asset.”

The official spoke at a finance committee meeting that discussed the increasing adoption and use of cryptocurrencies.

Bitcoin does not meet the legal definition

Baudot-Trajtenberg argued that cryptocurrencies do not fulfill the basic functions of a currency. “Bitcoin and similar currencies do not fit the legal definition of a currency,” he said. A critical element of the currency, according to the central bank, is the measure of trust from its users.. And he emphasized that this trust can only come from a currency accepted by legal tender, with legal support.

Additionally:

“[A currency] performs the functions attributed to it in the economic literature. It has a stability that allows it to be used as a unit of account, a form of payment and a store of value. None of this exists in cryptocurrencies that are volatile, difficult to transact, and lack precise information about the parties behind them.. “

Banks have no solution yet

Expressing her concerns about using their cash to buy cryptocurrencies, the vice president said when cash funds are exchanged for cryptocurrencies stressed that banks are exposed to compliance risks: “money laundering, financial crime, etc.. It can be used for money.. “He can then transfer the money anonymously to any untrusted organization in Israel or abroad,” he said. He also added that banks should set their own parameters in serving customers who want to own cryptocurrencies. Therefore, he pointed out the problems of the issue and stated that they withdrew as the central bank to avoid this responsibility.

“As far as we know, any banking supervisor in the world has no knowledge of the banking system in terms of what transactions customers take regarding their activities in virtual currencies.

Head of Panel, “Bitcoin can be the center of our financial life”

Central bank, stressed that the government bears no liability to investors regarding Bitcoin and other cryptocurrencies. And he urged commissioners to develop regulations to quickly embrace cryptocurrencies.

According to Israel’s Haaretz, panel chairman Moshe Gafni prominently spoke of Bitcoin and emerging financial technologies:

“Cryptocurrencies seem likely to be at the center of our financial lives.”

The President is scheduled to report back within a month on how to develop a regulatory framework for cryptocurrencies.

The central bank’s remarks on cryptocurrencies came a few weeks after Israel’s capital markets regulator announced a prominent threat that proposed banning cryptocurrency companies trading on Israel’s only public stock exchange, the Tel Aviv Stock Exchange.

Meanwhile, Israeli authorities have also developed an official cryptocurrency called the ‘Digital Shekel’, which will have the same value as cash. They’re working on it.

CCN

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Bitcoin may experience a big increase after the holiday

It is estimated that

Bitcoin prices may experience great increases right after Eid al-Adha. The claim that many investors are waiting to invest after the holiday and that they are sure that there will be no increases in cryptocurrencies during the holiday period, and that there will be big increases after the holiday, heats the atmosphere even more.

Investors from Turkey and abroad after the holiday. It is expected that more investments from all over the world will prefer Bitcoin, and that collective investments from Turkey will be effective in the sudden increases. These increases, which are expected to be reflected in the BTC price, are expected to affect all altcoins and be effective in a positive increase.

How much will Bitcoin increase?

BTC what is the price of? It is impossible to know how much it will increase. There are situations where the expectations can be $13,000 or $18,000 on average today, or less than $12,000. It is not difficult to guess that the expectation of $ 9,000 is close to the expected figure at best after the holiday. It should be noted that the BTC price will change depending on some factors.

*This is not investment advice.

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Pressure on Bitcoin grows in China

The Chinese government’s pressure on cryptocurrencies continues. Clearly stating that it does not want cryptocurrencies to be used in too many areas in the country, the Chinese government knows that there will be an increase in cryptocurrencies in the future and that more and more people in all countries of the world will include Bitcoin and cryptocurrencies in the first place in their choice of investment tool and payment instrument. Being aware of this, the Chinese administration states that confidential information should be kept confidential and that Bitcoin payments should not be discussed in institutions by giving instructions to all government institutions in order to take the necessary steps to prevent secret and legal problems in the country.

China’ A North Korea-like system operates in China

China is known as one of the most brutal countries in the world, moving towards a North Korea-like system. The pressure on Bitcoin holders and miners is constantly increasing due to the cryptocurrency pressures it applies even to its own citizens, and the increase in raids due to mining in a house in the past months. It is known that every month, cryptocurrency prints affect at least a few people across China, with more than 3 million people in the country owning cryptocurrencies.

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Hope rises for Ripple (XRP)

XRP, which is among the most popular altcoins, has decreased slightly due to its low price and the effects such as the fact that it has earned less than Bitcoin and Ethereum during historical records And with the effects of the increase in the number of investors, more people are expected to be interested in Ripple.

Ripple is still a successful cryptocurrency despite the fact that it attracts more attention than many altcoins It is among the cryptocurrencies that many investors approach with concern due to its lack of availability. The only reason for this is not only because of its price, but there are various reasons for this depending on many factors.

The interest in Ripple will increase

In the next few years, it will be able to jump a few more places and its ratio to the total market cap. Ripple, which is expected to increase more, will attract more attention compared to its current level today. Can XRP replace Ethereum? It takes several months and years to answer his question.

  • Ripple is one of the most popular cryptocurrencies.
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New line preparation from THY: Dalaman-Manchester flights start

Turkey’s national airline company and global brand Turkish Airlines (THY) continues to increase the number of lines. Despite the coronavirus epidemic that emerged in Wuhan, China and affected the whole world for about a year, the flag carrier decided to open a new line. In line with the decision taken by THY Production Planning Department, the line to be opened was announced as DalamanManchester.

There will be 7 frequencies per week

Flying to 319 destinations in 127 countries in total, the flag carrier’s new line Dalaman-Manchester flights will start on 19 June 2021. The flights, which are planned to be operated as 7 frequencies per week, are expected to take place at 08:20 local time from Dalaman and at 12:00 from Manchester.

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New Year’s campaign from Yurtiçi Cargo: 21 percent discount

According to the statement made by the

Yurtiçi Kargo company, a 21 percent discount will be applied to all individual customers with the campaign that will last until the middle of the month. The company had previously made a splash with campaigns of up to 40 percent for Germany cargo. The campaign will continue until January 15th. It will be valid in all branches and agencies. In this context, a 21 percent discount will be applied over the standard service fees for all cargo brought to the branches. All individual customers who want to take advantage of the campaign will only have to say “I want to benefit from the New Year’s campaign” at the Yurtiçi Kargo branch or agency they go to.

The New Year campaign of Yurtiçi Cargo, which is the leader in the sector with more than 800 branches and more than 10 thousand employees throughout Turkey, satisfied its customers until Friday, January 15th, and there was great interest from the very first day.

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What if the end of the road is in sight for Bitcoin?

What will happen if the end of the road is seen for Bitcoin is a matter of curiosity and discussion. While there are claims and expectations that the Bitcoin price will rise in the future, another possibility is that cryptocurrencies can suddenly collapse and it shows itself with the curiosity about what will happen in case of a possible collapse. While he is undecided between owning or not, the reason for this indecision is about what will happen in case of a possible price decrease and whether these discussions will end one day.

If Bitcoin enters a possible collapse process, it will not be difficult to predict that many people will experience losses.. If Bitcoin falls back to its first level of $100 and below today, it will be an expected end to great chaos, and in case of a possible regression to $100, millions of people and companies around the world will have to say goodbye to the wealth they live in luxury due to crypto money investment within 1 day.. The fact that there are people who keep their investments of more than $ 1 billion in cryptocurrencies shows that the possibility of this situation is extremely possible, while the fact that many investors ignore this situation and think that Bitcoin will always be in an upward trend is shown as the biggest obstacle to considering the negatives.

Bitcoin may not offer the best

Bitcoin stating that the price may not always offer the best, on the other hand, states that there may be occasional collapses. According to some analysts, there is the opinion of many famous analysts that the expectation that all cryptocurrencies will go into a collapse process one day sooner or later, suddenly experiencing high price drops and great chaos will become reality in the future.. According to some analysts, those who own cryptocurrencies need to observe the current situation and analyze the current situation more than thinking about the future. and it should be taken into account that cryptocurrencies have experienced different decreases and rises many times from the past to the present, and the biggest increase was experienced in the last days of 2017 for the first time in its history, and this could be a one-time increase and record.. Being prepared for possible situations and taking precautions before cryptocurrencies collapse will be a “saviour”. If you have an investment, no matter how small, it is an average amount for you, and if it is a painful amount in case of loss, immediately reduce this amount to an insignificant amount for you and only “to be able to afford to lose” to cryptocurrencies ”Begin by not making any additional investments other than making investments.

If you do not want to make a sale because you will suffer loss by making a mistake, check the current crypto money price on the crypto money exchange every 1 hour a day.

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By setting an alarm, you are waiting for an instruction in your account to sell at a high price, even if you are asleep, by asking for a sale when there is a rise to a certain level in the crypto money exchange. be r. If you set an alarm for the sale of cryptocurrencies you hold in your account, choose to set an alarm at the highest price possible.. In addition, if there is a hazy atmosphere in the market, it is recommended to place a stop loss order instead of entering a sell order, in order not to be affected by possible decreases and to dispose of your asset at a high price.

Bitcoin or a different altcoin. don’t invest right away when it’s low. Try to follow the prices carefully for a while and act according to the final result.. Never forget that if you buy instantly by seeing a low price, there may be larger decreases and during these decreases you may experience larger losses by investing at a higher price.

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Market Activity in the Recent Days and Its Effects on Turkish Investors

Bitcoin can’t get enough of breaking records one after another in line with the new decisions and developments that have taken place in the last 3-4 days.

Bitcoin, the highest coin in terms of total transaction volume and unit value, sets a new record according to the BPE, Bitcoin Price Index. broke. Today Bitcoin is trading at about 7000 dollars.

The reason for this increase in price is the yearly year of the US-based trading company CME Group. Announcing that it will bring Bitcoin transactions towards the end. At the same time, investors using this platform are known to prefer products with high returns, such as Bitcoin.. So, if US regulators don’t mind, the CME’s decision could introduce Bitcoin, making it a pretty strong competitor to other markets.

Bloomberg According to a quote by Bloomberg, CME has some benefits to offer. First, CME traders can increase liquidity by trading more frequently. The second important issue is that it is possible for investors to convert their cash to cryptocurrencies more easily than they are now. >

As another reason for the increase, we can mention that Amazon has leased 3 new domains related to cryptocurrencies.. This development strengthens the belief in the possibility of using Bitcoin as a payment method, which Amazon is expected to realize.

We’d better shut up, let the numbers speak: Bitcoin is a full % in a 1 year period. It showed an increase of 500.

The Situation of Turkish Stock Exchanges

Turkish stock markets Paribu, Koinim and BTCTurk, on the other hand, are the ones where investors are the most excited and the market is the most active.

Bitcoin continues to show sudden increases and small decreases, while investors are losing because they cannot play on their buy and sell orders.. Investors who could not turn this situation into profit due to access problems experienced are angry. .

To summarize all these experiences from the investor side in general, the problems stemming from the stock market caused a lot of uneasiness due to fears that their money was stuck inside and they were buying and selling at prices they didn’t want or expect.. People could not follow the wages and could not even react to the rise or fall.. That’s why, even though they were very close, he couldn’t take a step beyond waiting and hoping the stock markets would improve due to his hands tied.. While you are trading digitally and gaining or losing over digitally, the fact that it is a digital platform that gives you trouble is said by people: “We need to make the necessary investments and break this prejudice on the Turkish stock markets, so that we can now perform our transactions in a healthy way.”.

In these busy minutes when even the Blockfolio application, which monitors cryptocurrency price, collapses, we can’t help but think that responsible companies should work to strengthen their infrastructure works.

The Bottom of Altcoins Kick

Bitcoin’s rise to $7400 in a few days has caused the altcoin market to shake. Thus began the downward trend.. Investors who have investments in altcoins expressed their sadness as much as Bitcoin makes them happy.

If we look at the Coinmarketcap top 10 cryptocurrencies list, we can see that there is a general decline.

The only remarkable point is that Bitcoin Cash and BitConnect came to the fore in the rise of Bitcoin and only increased them.

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