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Recent Payouts

User Reward Date
TTH8JGHMPqjcTNDKPGX9GKbJEW5p83iXzt35000 satoshi2021-12-04 22:39:49
1NReta7Wc7r76cTB4s7KutLk4WFxwRQzhn35000 satoshi2021-12-04 22:39:27
TBdsmNrqEzBpDR2HL6YipCP8Y2wVfHid3935000 satoshi2021-12-04 22:38:37
1H6owMMS8QcomtQheypeUfCVqom4T3tcGP35000 satoshi2021-12-04 22:35:47
TGfcC8d6PJKK68siM9YQBP3P8hWSV4N4rF35000 satoshi2021-12-04 22:34:57
TAdnLxnftjp4cy4cE1XnXv3mtj73BBruvh35000 satoshi2021-12-04 22:34:37
TEhGPBSyKN1UsPVyRgWxvoKZNqZx9RUMvd35000 satoshi2021-12-04 22:32:37
TTH8JGHMPqjcTNDKPGX9GKbJEW5p83iXzt35000 satoshi2021-12-04 22:32:27
1N3wsLhigu8MiSR29T5YTSwviy49LXRjkF35000 satoshi2021-12-04 22:32:27
1Hp8YWGkjVdrziRNPcvBYqifEY5S7dWKK135000 satoshi2021-12-04 22:32:15

What is Tether?

Tether is a controversial cryptocurrency with tokens issued by Tether Limited. It formerly claimed that each token was backed by one United States dollar, but on 14 March 2019 changed the backing to include loans to affiliate companies. Tether is called a stablecoin because it was originally designed to always be worth $1.00, maintaining $1.00 in reserves for each tether issued. Nevertheless, Tether Limited states that owners of tethers have no contractual right, other legal claims, or guarantee that tethers will be redeemed or exchanged for dollars.

What is Tether Faucet?

Tether faucets are a reward system, in the form of a website or app, that dispenses rewards in the form of a satoshi, which is a hundredth of a millionth USDT, for visitors to claim in exchange for completing a captcha or task as described by the website. There are also faucets that dispense alternative cryptocurrencies. Rewards are dispensed at various predetermined intervals of time. Faucets usually give fractions of a tether, but the amount will typically fluctuate according to the value of tether.

Faucets are a great way to help introduce new people to dash, or to your favourite altcoin. Many faucets provide information to newbies as well as offering them some free coins so that they can try before they buy, experimenting with a test transaction or two before putting real money on the line. Since this whole area is so new and a bit scary to some people, who perhaps don't quite trust it with their hard earned cash yet, this is a great way to promote digital currency and bring in new users.



WHAT IS BLOCKCHAIN?

Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain. Each block in the chain contains a number of transactions, and every time a new transaction occurs on the blockchain, a record of that transaction is added to every participants ledger.

The decentralised database managed by multiple participants is known as Distributed Ledger Technology (DLT). Blockchain is a type of DLT in which transactions are recorded with an immutable cryptographic signature called a hash. This means if one block in one chain was changed, it would be immediately apparent it had been tampered with. If hackers wanted to corrupt a blockchain system, they would have to change every block in the chain, across all of the distributed versions of the chain. Blockchains such as Bitcoin and Ethereum are constantly and continually growing as blocks are being added to the chain, which significantly adds to the security of the ledger.