Binance Academy
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Decentralized Autonomous Organizations (DAOs) Explained - @BinanceAcademy

The #Bitcoin network may be considered a simplistic DAO, and for now, other implementations are scarce.

The key to designing good DAOs is putting down an efficient set of consensus rules that resolve complex participant coordination problems. The real challenge facing the implementation of DAOs might not be purely technological, but rather social.

https://www.binance.vision/blockchain/decentralized-autonomous-organizations-daos-explained
#Bitcoin and the Stock to Flow Model

"Bitcoin may be viewed as a scarce digital resource. According to this method of analysis, the unique propositions of Bitcoin should make it an asset that retains its value over the long-term." - @BinanceAcademy

https://www.binance.vision/economics/bitcoin-and-the-stock-to-flow-model
I just received 0.00000546 $BTC, where did it come from and do I need to be worried?”

If you’ve received a small amount of #Bitcoin and aren’t sure where it came from you may be a victim of a dusting attack.

Learn to stay safe with @BinanceAcademy ⬇️
https://www.binance.vision/security/what-is-a-dusting-attack
Some believe that #Bitcoin will replace gold in the digital age and disrupt the existing financial system, some that @Ethereum will become a distributed computer, serving as the backbone of a new Internet.

What do you think?

Watch, read or listen with @binanceacademy.

https://www.binance.vision/blockchain/what-is-cryptocurrency
With only hours to go until the next #Bitcoin halving, blocks remaining have entered double digits.

Halving live countdown here: binance.vision/halving
Since its mainnet launch in 2018, the Lightning Network has seen impressive growth.

As of April 2020, the Lightning Network looks healthy. It boasts upwards of 12,000 online nodes, 30,000+ active channels, and just over 920 #BTC in capacity.

Learn more about #Bitcoin's Lightning Network, with @BinanceAcademy.

https://www.binance.vision/blockchain/what-is-lightning-network
What Is Proof of Work (PoW)? - @binanceacademy

Proof of Work was the original solution to the double-spend problem and has proven to be reliable and secure. #Bitcoin proved that we don’t need centralized entities to prevent the same funds from being spent twice.

More ⬇️

https://www.binance.vision/blockchain/proof-of-work-explained
Imagine you bought just $10 worth of #Bitcoin every week for the last 5 years.

Cost as of April 2020 - $2,600 USD
Total value as of April 2020 - $20,000 USD (Approx)

Your profit?

A cool $17,400 #USD or so. Not too bad right?

Learn more about dollar-cost averaging with @BinanceAcademy. ⬇️

https://academy.binance.com/economics/dollar-cost-averaging-dca-explained
"I just received 0.00000546 $BTC, where did it come from and do I need to be worried?”

If you’ve received a small amount of #Bitcoin and aren’t sure where it came from you may be a victim of a dusting attack.

Learn to stay safe with @BinanceAcademy ⬇️

https://www.binance.vision/security/what-is-a-dusting-attack
Schnorr signatures are one of the most anticipated milestones on the #Bitcoin roadmap. With just a single upgrade, they can provide significant privacy & scalability benefits.

They also set the scene for further developments in #BTC smart contracts

https://academy.binance.com/blockchain/what-do-schnorr-signatures-mean-for-bitcoin
Once you dig deeper into #Bitcoin, you begin to understand why it has so much potential.

https://academy.binance.com/blockchain/an-introduction-to-bitcoin-script
"I just received 0.00000546 $BTC, where did it come from and do I need to be worried?”

If you’ve received a small amount of #Bitcoin and aren’t sure where it came from you may be a victim of a dusting attack.

Learn to stay safe with @BinanceAcademy ⬇️

https://www.binance.vision/security/what-is-a-dusting-attack
🎂 $1,000 #Bitcoin Giveaway! 🎂

We're celebrating Binance Academy turning 2!

3 ways to win:

10/10 correct on Academy's quiz
(5x $100 #BTC)

📩 Subscribe to Academy Newsletter
(5x $50 #BTC)

♻️ Retweet & follow
@BinanceAcademy
(5x $50 #BTC)

Winners announced in 48 hours!

https://bit.ly/Take-The-Quiz-Here-
"I just received 0.00000546 $BTC, where did it come from and do I need to be worried?”

If you’ve received a small amount of #Bitcoin and aren’t sure where it came from you may be a victim of a dusting attack.

Learn to stay safe with @BinanceAcademy ⬇️

https://www.binance.vision/security/what-is-a-dusting-attack