
View Profile JakobOlsen

JakobOlsen
Joined Apr 2024

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What is the Ouroboros protocol in Cardano? Community
The Ouroboros protocol is the consensus mechanism that powers the Cardano blockchain. It is a proof-of-stake (PoS) protocol, designed as a more energy-efficient alternative to proof-of-work systems...
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How does a capital-intensive business differ from a labor-intensive one? Community
A capital-intensive business and a labour-intensive business differ mainly in how they use resources to produce goods or services. A capital-intensive business requires large investments in machinery,...
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How does a real account differ from a demo account? Community
A real trading account and a demo account serve different purposes in forex and stock trading. A demo account is designed for practice. It allows traders to use virtual funds provided by the broker to...
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Is bitcoin mining illegal? Community
Bitcoin mining is legal in most countries, but regulations vary by jurisdiction. It involves using powerful computers to validate transactions and secure the blockchain, earning miners new Bitcoin as...
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What does a stock trader do for a living? Community
A stock trader buys and sells stocks, bonds, or other securities to profit from market fluctuations. They analyze financial data, track market trends, and use technical or fundamental analysis to make...
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What is the difference between the results of real and demo accounts? Community
Demo accounts provide a risk-free environment for beginners to practice trading with virtual money, helping them understand market mechanics and test strategies without financial loss. However, demo...
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