Cryptocurrency Q&A

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Claudio Claudio Thu Sep 12 2024 | 0 answers 0

How to swap ETH to USDC on arbitrum?

I don't understand this question. Could you please assist me in answering it?

How to swap ETH to USDC on arbitrum?
KpopStarlight KpopStarlight Thu Sep 12 2024 | 7 answers 1656

What is the purpose of a fee schedule?

Could you please elaborate on the purpose of a fee schedule in the context of cryptocurrency and finance? I understand it outlines various charges associated with transactions or services, but how does it specifically benefit users, exchanges, and the broader ecosystem? Additionally, how does a well-designed fee schedule contribute to the overall efficiency and trustworthiness of the platform?

What is the purpose of a fee schedule?
KatanaBlade KatanaBlade Thu Sep 12 2024 | 7 answers 1990

Where is the US located hemispherically?

Could you please clarify for me where the United States is situated hemispherically? I understand that there are two hemispheres on our planet, but I'm not entirely sure which one the US belongs to. Is it in the Northern Hemisphere or the Southern Hemisphere? I would appreciate your expertise on this matter.

Where is the US located hemispherically?
KatanaSharpness KatanaSharpness Thu Sep 12 2024 | 5 answers 1002

What is the difference between zkSync and zkSync era?

Could you please clarify the distinction between zksync and zkSync era for me? I understand zkSync as a scaling solution for Ethereum, enabling faster and cheaper transactions, but how does zkSync era differ or build upon this foundation? Are there any significant upgrades or changes in functionality that define this new era for zkSync?

What is the difference between zkSync and zkSync era?
CherryBlossomBloom CherryBlossomBloom Thu Sep 12 2024 | 6 answers 778

What are the disadvantages of proxies?

When considering the use of proxies in the world of cryptocurrency and finance, it's important to weigh both the advantages and disadvantages. So, what are some of the potential drawbacks of utilizing proxies? For one, proxies can introduce additional layers of complexity and potential points of failure into your system. They can also slow down internet connections, impacting the speed and efficiency of transactions. Additionally, proxies may not always be reliable, and could potentially leak your true IP address or other sensitive information. Finally, many proxies are not secure, making them vulnerable to hacking and other forms of cybercrime. So, before deciding to use proxies, it's crucial to carefully consider these potential disadvantages and weigh them against the potential benefits.

What are the disadvantages of proxies?

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