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    Vikshita Vitthal Gujaran in OBOSWAP

    10-Jan-2023 11:15 AM


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    Why Is Voting Important In Blockchain?

    Main Takeaways In both the traditional finance and blockchain worlds, voting plays a part in capturing market sentiment.
    We can improve the quality of information gathered from voting with verified, trusted identities.
    Your vote and market sentiment will be presented on the Bitcoin price prediction and Ethereum price prediction pages.
    User Voting as a Possible Means of Ascertaining Cryptocurrency Market Sentiment For traders and investors, seeing the results of community votes may also impact market sentiment.
    Present-day Traditional Finance Parallels Crypto, of course, isn’t the only place where voting mechanisms may potentially provide some useful reference points.
    Broker consensus One of the most common places you’ll see voting implemented in traditional finance is in consensus recommendations.

    Source -https://www.binance.com/en/blog/community/why-is-voting-important-in-blockchain-consensus-mechanisms-and-more-8069133561034939723?ref=AZTKZ9XS&utm_source=BinanceTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial

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