calculator

lisa simpson — Wed, 15 Sep 2021 09:58:16 +0000

You probably heard about cryptocurrency calculators, but different types of calculators solve different tasks: quick profit calculations, converting coins, estimating your earnings from mining hardware, etc. Let’s see how each of them works and how you can use them.

Crypto trading profit calculators
The most straightforward way to calculate your profit is as follows:

Subtract the buying price from the selling price and multiply the result by transaction size.

E.g., you buy 2 Bitcoins (BTC) at $17.200 and sell them at a price of $19.800. 2 Bitcoins (BTC) is the size of your transaction.

($19.800-$17.200)*2=$5.200

This means you have $5.200 of profit. But this doesn’t account for fees or other details.

A profit calculator can save time if you often conduct a number of these calculations and reduces the chance of error. We’ll review just a couple of calculators just to show you what they do.

Sabe calculator
Sabe.io is an educational platform that offers a lot of tutorials, classes, and several tools. Among the provided tools you can find a simple profit calculator.

To calculate your profits, you just need to pick a currency, enter the amount and the price that you bought it for. The calculator will then use the current price from CoinMarketCap and calculate how much you gained or lost, depending on how the price has changed since your purchase.
https://arztoday.com/calculator/

What is Web3?

lisa simpson — Wed, 15 Sep 2021 09:56:07 +0000

There are a few fundamental differences between Web2 and Web3, but decentralization is at its core.

Web3 enhances the internet as we know it today with a few other added characteristics. Web3 is:

Verifiable
Trustless
Self-governing
Permissionless
Stateful
Native built-in payments
In Web3, developers don't build and deploy applications that run on a single server or that store their data in a single database (usually hosted on and managed by a single cloud provider).

Instead, Web3 applications either run on blockchains, decentralized networks of many peer to peer nodes (servers), or a combination of the two that forms a cryptoeconomic protocol. These apps are often referred to as dapps (decentralized apps), and you will see that term used often in the Web3 space.

To achieve a stable and secure decentralized network, network participants (developers) are incentivized and compete to provide the highest quality services to anyone using the service.

When you hear about Web3, you'll notice that cryptocurrency is often part of the conversation. This is because cryptocurrency plays a big role in many of these protocols. It provides a financial incentive (tokens) for anyone who wants to participate in creating, governing, or improving one of the projects themselves.

DEV Community: lisa simpson

calculator

What is Web3?