Zignaly Profile picture
Jan 18 11 tweets 8 min read
(1/11) 🤔 Wondering what #smart contracts are and how do they work? Don’t worry, we have you covered. 🧵
Read more at:

(2/11) #SmartContracts are computer programs or protocols that automatically execute #transactions stored on a #blockchain when certain conditions are satisfied. 🤓
(3/11) Smart #contracts can be thought of as digital "if-then" statements made by two or more parties. 🤝 When the expectations of one party are met, the #contract is said to be fulfilled. 💼 #SmartContracts #Cryptocurrency
(4/11) Benefits of #SmartContracts include #independence, #reliability, #security, #costsavings, #accuracy, and #sustainability. 🤑 They eliminate the need for middlemen, provide secure transactions, and reduce paper consumption. 🌱
(5/11) Smart contracts are still in their early stages and users have to trust that the #code was written correctly. 🙅‍♂️ This is difficult given the present level of security, as numerous #bug vulnerabilities have been found in the past. 🤦‍♂️
(6/11) Smart contracts offer the promise of #automation and secure #transactions, but there are still some risks associated with their use. 🤔 Developers, researchers, and other professionals should be aware of the potential pitfalls. 🤷‍♂️
(7/11) Smart contracts are becoming increasingly popular in industries such as #insurance, #finance, and #government. 🤝 Over the next five years, it is expected that their use will become even more widespread. 📈
(8/11) Smart contracts are computerized transaction protocols that render transactions #transparent, #traceable, and #irreversible. 🤝 They are the #future of secure and automated transactions. 🤓
(9/11) Smart contracts help to protect both parties in a transaction by eliminating the need for a third party. 🤝 They are also highly #secure and provide cost savings, accuracy, and sustainability. 💰
(10/11) Smart contracts make it possible to execute contracts #automatically and provide all parties with an outcome as soon as is practical. 🤝 This is a major benefit for many industries that require secure and accurate transactions. 🤑
(11/11) Smart contracts offer great potential for secure and automated transactions, but #developers, #researchers, and #users should be aware of the risks associated with their use. 🤔

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More from @zignaly

Jan 18
(1/6) Dear community,
Are you ready for some exciting news? The open beta for Profit Sharing 2.0 is now available! This is a huge step forward for us and for you🧵🎯🚀
(2/6) This new version has the potential to revolutionize the way you earn profits, and we can't wait for you to be a part of it. To get started, simply click here and login as you normally would😊🤗
(3/6) Please note that in this version there may be inactive features and some others that are yet to be implemented. Additionally, the migration of services is still a work in progress 🎯🤙
Read 7 tweets
Jan 17
(1/11) Interested in knowing what #Blockchain Protocols are? Buckle up, as we’re all set to embark on a deep-topic voyage. 🧵 Read more at:

(2/11) #Blockchain is a decentralized, distributed ledger that publicly stores information such as transactions. #Cryptocurrency networks use #protocols to ensure secure data transfer and protect the blockchain. 🔐
(3/11) #Blockchain protocols are essential for data sharing. They provide guidelines on how data is sent across networks and control the #network interface, rewards, data type, etc. 📉
Read 11 tweets
Jan 16
(1/11) Is #Blockchain an enabler for sustainable future? Fasten your seatbelts as we’re all set to embark on a deep topic voyage. 🧵 Read more at:

medium.com/zignaly/llts72… Image
(2/11) 💻 #Blockchain is a shared #ledger or repository that computer #subnets may access. It is similar to a #database, but it is secure and #decentralized. #Cryptocurrency systems like #Bitcoin use blockchains to keep a secure and decentralized database of transactions. 🔐
(3/11) 💡Blockchain eliminates a #centralized command structure, allowing #data sharing among parties without needing a centralized system or administrator. It is #secure and #data can't be corrupted or destroyed by anyone with access to the main database. #FinancialTechnology
Read 11 tweets
Jan 6
(1/6) Hi everyone! This is the thirteenth (13th) update on this final stage of the evolution of Profit Sharing 2.0 and the first of the year 2023! This first quarter will be full of news for #Zignaly and #ProfitSharing 2.0. 🤩🥳
Read more below🧵
(2/6) Today, we will start contacting the biggest services in the #marketplace in order to start coordinating the migration of their services to PS 2. So if you’re a trader, you can schedule your migration through email, where all instructions have already been sent to you! 🎯💪🏻
(3/6) We are also integrating the possibility for traders to create customized #APIs for their #ProfitSharing 2.0 services directly from the new interface, without the need for us to do it for them. ⚒️🤝🏼
Read 6 tweets
Jan 6
(1/6) Are you looking to get into #trading but don't know where to start? Here is an overview of the longer-time frame trading strategy which is one of the widely recognized strategies! 🧵

Read more at medium.com/zignaly/llts65…
(2/6) Understand what the longer-time frame #tradingstrategy is - it uses charts with a more significant time frame from one hour to one day and has slower price changes. 📈⏳
(3/6) Benefits of #trading this way - you don't have to spend the entire trading day in front of a computer and it helps control emotions as you can make better trading decisions when not as emotional. 🤯
Read 6 tweets
Jan 5
(1/7) Perplexed with what trading strategies you should implement? Let’s dive through the realms of shorter-time frame trading. 🧵

Read more at medium.com/zignaly/llts64…
(2/7) #TradingTip: When trading, it’s important to recognize an underlying trend and trade around it to #profit consistently 📈
(3/7) In order to make the most of #trading, it’s important to understand different time frames. #Shorter-time frames (1-15 minutes) can offer more opportunities but can also be more #volatile. 🤔
Read 7 tweets

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