Bitcoin's Trajectory - Crypto Academy S4W5 - Homework Post for @imagen

1.) How many times has Bitcoin been "halved"? When is the next one expected? What is the current amount that Bitcoin miners receive? Mention at least 2 cryptocurrencies that are or have been "halving".

Halving is when the bitcoin is cut in half and the halving event occurs in every four years and We have three dates before bitcoin was created.

11/28/12
07/09/16
05/11/20

What is the next expected?

The first halving was occurred on 28 Nov 2012 and the second halving occurs in July 9, 2016, and not many days happened on the third halving it occurs on 5 Nov 2020 and the halving occurs in every four years and the next halving is in 2024.

What is the current amount that Bitcoin miners receive?

According to 2020 halving the reward that miners receive is 6.25 btc newly created bitcoin per block.

Mention at least 2 cryptocurrencies that are or have been "halving?

The two cryptocurrencies that have been halved first is ELCASH (ELECTRIC CASH) and the second is BTCY(BITCOIN VAULT) ELGASH halving occurs in every year like now it is start in 2020 and end in 2030 BTCY halving is once start in 2020 and end in 2024.

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2.) What are consensus mechanisms? How do Proof-of-Work and Proof-of-Staking differ?

Consensus mechanism is a fault tolerant mechanism to get a important and necessary data in Singal data value.

Difference betweenProof-of-Work and Proof-of-Staking?

Proof-of-work:- The work of proof is to check the transaction is valid or not and it also check the someone is trying to do bad things.

Proof of work based on the mathmatics is known as cryptography and it uses decentralized consensus mechanism in this we solve complex mathematical problems.

Proof of stake in this peoples put their tokens as collateral and give back to the authority over the token in this stakes get additional ownership blockchain technology help us to confirm transaction.

Proof of work is highly risky in comparison to proof of stake.

Proof of work need a high amount of energy and proof of work is need less energy.

3.) Enter the Bitcoin explorer and indicate the hash corresponding to the last transaction. Show Screenshot.

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You can see particular Transaction Hash and BTC along with their time in the above image.

4.) What is meant by Altcoin Season? Are we currently in Altcoin Season? When was the last Altcoin Season? Mention and show 2 charts of Altcoins followed by their growth in the most recent Season. Give reasons for your answer.

Altcoin is the word that comes from alternative and coins. In this time we know about digital currencies Altcoin and bitcoin and other name is Ethereum, Cardano, Solana or Dogecoin.

Altcoin session is when 75% of the top 50 coins performed better than bitcoin is known as bitcoin and altcoin and in this time we are not in altcoin session means the altcoin session performed better than bitcoin 90 days and altcoin session depends upon dominance and percentage of bitcoin and we are not in altcoin session last altcoin session was in February 2018.

ETHEREUM

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You see in the graph chart the price of ETHEREUM is increasing in a moment you see the green line the line is going up.

CARDANO

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You see cardano is like as ETHEREUM you see the chart it increasing in a moment and the price of bitcoin is low and the price in USD is high.

5.) Make a purchase from your verified account of the exchange of your choice of at least 15 USD in a currency that is not in the top 25 of Coinmarket (SBD, tron ​​or steem are not allowed). Why did you choose this coin? What is the goal or purpose behind this project? Who are its founders / developers? Indicate the currency's ATH and its current price. Reason for your answers. Show Screenshots.

I am doing this trade from my account of Binance. I have selected Zilliqa (Zil) coin for this question.

Here are the screenshots for buy order of Zil coin.

As per these images, I have purchased Zilliqa coin through Binnace at a price of $0.09468.

Why did I chose this coin?
I have chosen this coin as This coin has better scalability, faster transaction time and very low fees. It is listed in many pairs on Binance Exchange.

What is the purpose behind Zil?
The purpose of Zilliqa coin is to provide better scalability, low fees and fast transaction times to users. To attract the developers of Dapps and Smart Contracts.

Who is the founder?
The founders of Zilliqa coin are Xinshu Dong, Amrit Kumar and Yaoqi Jia.

What is it's ATH and Current Price?

The ATH high of Zil coin is $0.237 which was made on April 2021. It's Current Price is $0.9477.

Conclusion

Thanks Professor @imagen for this very informative and helpful lecture. I am able to learn various things about Bitcoin from you. Bitcoin Halving is very important term and I think Everyone should be aware of this.