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Eight directions of crypto-currency using

Rybak Victor Aleksandrovich  (PhD, professor’s assistant, Belarusian state academy of telecommunications, Belarus, Minsk)

Sulaiman Khaled Mansi  (PhD, Trainee, Belarusian state university informatics and radioelectronic, Belarus, Minsk)

Zakhra Ganbary   (Postgraduate student of Belarusian state university informatics and radioelectronic)

The article considers eight modern directions of using crypto currency. Faucets are sites where you can get a certain number of coins for a certain periodicity. Bounty - payments for participation in the promotion of emissions in social networks and advertising. Airdrop - the accrual of interest on the amount of funds available in the wallet. Trade and exchange of crypto-currency on electronic exchanges. Arbitrage - the possibility of buying the same coin at a lower price on one exchange with the aim of instant selling at a higher price to another. PoSis the proof of stake of ownership when the coins in the wallet are involved in the competition for the right to generate new blocks and receive a reward in proportion to the amount of the deposit. MasterNodes - the organization on the local wallet node, which participates in the confirmation of transactions of the entire network and receives a reward for it. Mining - the use of computing power to generate crypto currency with the use of central processing units, video cards, ASIC.

Keywords:crypto-currency, bitcoin, mining, electronic exchange, coin generation
 

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Citation link:
Rybak V. A., Sulaiman K. M., Zakhra G. Eight directions of crypto-currency using // Современная наука: актуальные проблемы теории и практики. Серия: Естественные и Технические Науки. -2018. -№02. -С. 59-66
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