Passive Income Investing 🔥 What are The best Passive Income Strategies?
Passive Income Investing | How to Make Passive Income | Passive Income Strategies
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🎯 Welcome to our Passive Income Investing Video!
Helium network:
The Helium network is a decentralized wireless network that enables devices anywhere in the world to wirelessly connect to the Internet and geolocate themselves without the need for power-hungry satellite location hardware or expensive cellular plans. Powering the Helium network is a blockchain with a native protocol token incentivizing a twosided marketplace between coverage providers and coverage consumers. With the introduction of a blockchain, we inject decentralization into an industry currently controlled by monopolies. The result is that wireless network coverage becomes a commodity, fueled by competition, available anywhere in the world, at a fraction of current costs.
Their secure and open-source primitives enable developers to build low-power, Internet-connected devices quickly and cost-effectively. The Helium network has a wide variety of applications across industries and is the first decentralized wireless network of its kind.
The Helium network is a wide-area wireless networking system, a blockchain, and a protocol token. The blockchain runs on a new consensus protocol, called the Helium Consensus Protocol, and a new kind of proof, called Proof-of-Coverage.
The Miners who are providing wireless network coverage in a cryptographically verified physical location and time submit proofs to the Helium network, and the Miners submitting the best proofs are elected to an asynchronous byzantine fault tolerant consensus group at a fixed epoch. The members of the consensus group receive encrypted transactions submitted by other Miners and forms them into blocks at an extremely high transaction rate. In addition to the blockchain protocol, the Helium Wireless protocol, WHIP, provides a bi-directional data transfer system between wireless Devices and the Internet via a network of independent providers that does not rely on a single coordinator, where: (1) Devices pay to send & receive data to the Internet and geolocate themselves, (2) Miners earn tokens for providing network coverage, and (3) Miners earn fees from transactions, and for validating the integrity of the Helium network.
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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.
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⏰Timestamps⏰
00:00 how to make passive income Introduction.
00:15 how to make passive income summary.
05:08 how to make passive income project outro.
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