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

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  • George Shnurenko
    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.

card

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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Bitcoin Is Dying, According to Top Trader Who Masterfully Shorted BTC at $20,000

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  • Alex Dovbnya
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    The number of Bitcoin’s obituaries keeps growing with Mark Down saying that the first cryptocurrency is dying

Bitcoin Is Dying, According to Top Trader Who Masterfully Shorted BTC at $20,000
Cover image via 123rf.com

In a recent tweet, former IMF economist Mark Dow riled up crypto Twitter by saying that Bitcoin, the top cryptocurrency by market capitalization, is dying.

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Dow rose to prominence after shorting Bitcoin at nearly $20,000 back in December 2017 when crypto mania reached its peak. 

He stated that hordes of people that rushed to buy BTC didn't understand the technology and were simply driven by the price narrative. 

To top that off, he closed his short position one year later when the BTC price bottomed at $3,100.

In a Bloomberg interview, he said that that he didn't want to ride it to zero. 

However, some Bitcoiners were quick to clap back, claiming that Dow would be able to generate much greater returns if he was a Bitcoin bull. 

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It's so 2016

Dow's tweet comes right after Bitcoin failed to hold $8,000 support, which is considered to be a major win for the bears. 

That said, tweeting that Bitcoin is going to die just because it failed to rally to $10,000 could be a bit premature. 

The crypto king forced Dow to eat his words when it printed the $14,000 price tag at the end of July. 

According to cryptocurrency trader 'Don Alt,' the top cryptocurrency is currently in the stage of consolidation. 

Whether Bitcoin bottoms here or experiences a deeper correction, it's clear that scary tweets about its death should be left in 2016.

Subscribe to U.Today on Facebook, and get involved in all top daily cryptocurrency news, stories and price predictions!

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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