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Substratum (SUB) guide
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What is Substratum (SUB) - Simple Explanation for Beginners

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    Substratum (SUB) guide

    The substratum is the establishing the decentralized network.

What is Substratum (SUB) - Simple Explanation for Beginners
Cover image via u.today

Substratum Coin Simple Guide

The substratum is the establishing the decentralized network. This is an open-source project with a view to enabling sharing idle computing resources of users creating a fair and free segment of world’s web. Being an open-source basis of the decentralized web the platform gives the unique opportunity of free and full access to contact for web 3.0. The network consists of numerous nodes spread all over the word which provide secure access to data worldwide using cryptograph technologies thus eliminating the need to use VPNs or Tor. The substratum is an innovation of hosting industry implementing requests through microtransactions.

Substratum Coin Features

Numerous features of the Substratum system

can easily make it one of the best crypto platforms for crypto market activities as well as the Internet itself. Several benefits the platform possesses are Crypto Pay: the system of processing all transactions with any publicly traded cryptocurrencies by websites participating in Substratum network.

Algorithms of compression:

advanced algorithm compression specifically designed for quick load and low timeout of the content.

Substratum Host:

the irreplaceable feature for business and companies willing to become a part of project and host databases, sites, and applications on the network. The Substratum coin, the SUB, can be used for paying to the members of the system.

Artificial intellect:

Substratum network uses a self-learning system technology to increase the speed and quality of content loading.

Substratum Node:

the node is a way to earn SUB coins for network members by processing requests using the special substratum broadcast software.

Cryptography:

Innovative cryptography algorithms implemented into the system of Artificial intellect ensures the highest level security of all network data.

Developer tools:

the developers using the substratum web can utilize API and SDK, developing instruments for the fast and certain evolution of the decentralized network.

The project of substratum network is implemented by a professional and experienced team of experts striving to provide the high level of maintenance and success of the system. Justin Tabb, the founder of a web development company OverridePro, is the Solution Architect. His company known for providing digital solutions to the clients has a long and excellent reputation. The rest of the team are Jason Wollam, Jason Burns and Abram Cookson, Senior Software Engineers and the lead Software Developer respectively.

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Substratum network runs on its own blockchain and intended specifically for the decentralized network. The SUB coin represents an Ethereum-based ERC20 compliant token. Any special browsers or software are not necessary for viewing sites not belonging to Substratum web. Users can just open their favorite browser and the system will do the rest.

 

Substratum whitepaper

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About the author

George Shnurenko is a Bitcoin and cryptocurrency enthusiast, financial analyst and writer. He's majoring in history but he believes that the digital currency which has taken the world by storm will bring about change to all us humans. 

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📰 News
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Bitcoin Price to Hit $250,000 Due to Lightning Network Use by 2023: Tim Draper

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    World-famous investor and Bitcoin bull Tim Draper explains what reasons will push Bitcoin price to $250,000 by 2023

Bitcoin Price to Hit $250,000 Due to Lightning Network Use by 2023: Tim Draper
Cover image via en.wikipedia.org

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

While speaking to the audience at the Malta AI & Blockchain Summit last week, the billionaire and prominent Bitcoin supporter Tim Draper confirmed his previous forecast for the BTC price hitting $250,000 in the near future.

This time he explained that this high price per one BTC will be achieved through the growing use of the Lightning Network and explained how it will happen from his point of view.

Bitcoin still to hit $250,000

The Bitcoin permabull Tim Draper again stated that the Bitcoin price is going to hit $250,000 by 2022-2023. He said this will happen due to the growing use of the Lightning network which allows conducting payments in BTC easily.

Being a major global investor, he nevertheless shares the opinion of many crypto enthusiasts that BTC is not only a store of value but it can also be used to pay for things in everyday life – micropayments, the retail sector, etc, i.e. is perfect for adoption.

Previously, Tim Draper stated that his forecast of BTC reaching $250,000 was actually a quite conservative prediction.

Will Bitcoin get to be worth $1 mln?

As reported earlier on Wednesday by U.Today, the crypto asset manager and a trader Marius Landman tweeted that before Bitcoin hits $1 mln, it is bound to go through ‘super hyper inflation’, in which price drops by $20,000 will be considered insignificant.

He also expects Bitcoin and Litecoin to show ‘subito motus’ (Latin for ‘sudden movements’) soon, saying that this will leave uninformed investors and technical analysts at a loss.

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Bitcoin Price Hits $10,000 on Obscure Cryptocurrency Exchange

Bitcoin Price Hits $10,000 on Obscure Cryptocurrency Exchange

Smaller bullish BTC forecasts

Other traders and analysts seem to think more vaguely when they are looking at technical analysis graphs. They are bullish, nevertheless.

The @crypto_rand trader with over 216,000 followers on Twitter simply posts a chart, saying that Bitcoin ‘still looks bullish’.

Another analyst and trader PlanB has published a chart of the way the changes in the Bitcoin mining difficulty have impacted the BTC price. People in the comment thread agree that this data at the moment is bullish for the Bitcoin price.

At press-time, Bitcoin is sitting at $8,823.

BTC price CMC
Image via CoinMarketCap

 

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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