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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
🎁 4 winners split $100 Futures Voucher! - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
The world of cryptocurrency is a fascinating and rapidly evolving digital landscape.
What is Cryptocurrency?
At its core, a cryptocurrency is a digital or virtual currency that is secured by cryptography. This makes it nearly impossible to counterfeit or double-spend. Unlike traditional currencies (like the US dollar or Euro), which are issued and controlled by a central authority like a government or bank, cryptocurrencies are decentralized. They operate on a technology called blockchain.
The Role of Blockchain
Blockchain is the foundational technology behind most cryptocurrencies. Think of it as a shared, public ledger where all transactions are recorded. It's a chain of "blocks," with each block containing a list of recent transactions.
- Decentralization: The ledger is not stored in one central location. Instead, it's distributed across a network of computers. This makes it incredibly difficult for any single person or entity to alter the data.
- Immutability: Once a transaction is recorded in a block and added to the chain, it's practically impossible to change or delete it without the consensus of the entire network. This creates a permanent and transparent record.
- Security: Cryptography ensures that transactions are secure and the integrity of the blockchain is maintained. Private keys are used to sign transactions, providing a mathematical proof that they came from the owner of the wallet.
How It Works?
- Transaction Initiation: A user (let's say Alice) sends instructions to transfer cryptocurrency to another user (Bob).
- Broadcasting: The transaction is broadcast to the entire network of computers.
- Mining/Validation: "Miners" (or validators, depending on the consensus mechanism) group the transaction with others into a new block. They then compete to solve a complex cryptographic puzzle to add this new block to the blockchain.
- Consensus: Once the puzzle is solved and the block is verified, it is added to the chain. The network reaches a "consensus" that the transaction is valid.
- Confirmation: The transaction is confirmed, and the cryptocurrency is transferred to Bob's wallet.