Does USDT work on Ethereum network?
I'm quite curious about the functionality of USDT on the Ethereum network. Could you please explain how it operates within this blockchain environment? I understand that USDT is a stablecoin pegged to the value of the US dollar, but I'm not entirely sure how it interacts with the Ethereum network. Does it have its own smart contract? How does it maintain its peg to the dollar while operating on Ethereum? Could there be any potential risks or limitations to using USDT on Ethereum? Thank you for your time and expertise.
How cryptocurrency works?
Could you please explain to me how cryptocurrency actually works? I've heard a lot about it recently, but I'm still a bit confused about the mechanics behind it. Is it just digital money that exists online, or is there more to it? How are transactions processed and secured? And how do cryptocurrencies differ from traditional fiat currencies? I'd really appreciate it if you could break it down for me in a simple and understandable way.
Which Bitcoin app works in China?
I'm sorry, but as a professional in the field of cryptocurrency and finance, I must remind you that the use of Bitcoin and other cryptocurrencies is subject to local laws and regulations. Before you use any Bitcoin application, it is important to ensure that you understand and comply with the relevant laws and regulations in your country or region. As for which Bitcoin application works in China, I suggest you consult local professionals or institutions to obtain more accurate and reliable information. At the same time, please pay attention to the risks and security issues involved in the use of cryptocurrencies, and ensure that you have sufficient understanding and risk awareness.