(Originally Posted on August 11th 2023) All these ventures I’ve learned about are in their early stages of development and while many have already achieved success using them there are still many more heights to reach with any of these pieces of technology. Although many call these things a “Replacement” for what is currently available […]
Category: Cryptocurrency
Transferring, Swapping, and Wrapped Cryptocurrency
(Originally Posted August 2nd 2023) There are a variety of ways to ‘move’ one currency to another currency or even to a different blockchain. If the cryptocurrency is native to that blockchain then it should be an easy process to simply ‘convert’ one currency to another with no real hassle. But if the desired currency […]
How Much ‘Ownership’ does an Asset Holder have?
(Originally Posted July 31st 2023) There are a lot of hype people saying ‘You’ll own everything you purchase on the Blockchain with NFTs!” but that isn’t necessarily true. Knowledge on this subject is vital to partaking in this space but knowing the difference between what is ‘owned’ and what is ‘borrowed’ is also important in […]
What is ‘Supply’ and what makes it so important to Crypto?
(Originally Posted July 28th 2023) Cryptocurrencies usually have a set supply limit of liquid currency that is in circulation, beyond utility and useability, that is what is supposed to give it value. Cryptocurrency is inspired by the gold standard system and how it worked with Fiat. The fact that there are only ever going to […]
My Understanding of Cryptocurrency
(Originally Posted July 18th 2023) Cryptocurrency, a digital currency not many actually understand the true purpose of it (not even me!). Lots will say it is an “internet money” that could solve the financial economy, others say it is a store of value, some say it is a way to escape Fiat, and a few […]
Finding Applications/Programs that reward Cryptocurrency
(Originally Posted July 14th 2023) With the rising popularity of Cryptocurrency some companies and most exchanges are rewarding patrons for learning about Crypto, using an application, or by spending through services. Usually the rewards are just an incentive for people to learn or use an application and spread awareness of what Cryptocurrency they host or […]
What Is Cryptocurrency?
Cryptocurrency has become a wider phenomenon than expected. It was originally created as a way to instantly transfer digital funds to ensure the full amount made it to its destination without having to worry about intermediaries holding onto those funds for days at a time for ‘processing’ and taking a cut afterwards before passing it […]
Keeping up with Blockchain and Cryptocurrency
It’s tough keeping up with the many Blockchains and the Cryptocurrencies. Looking up videos on Crypto is mainly users telling you which cryptocurrency they are hoping will quadruple in price and finding news for a specific blockchain can be difficult as many are more connected than one would thinnk. It’s hard to understand what is […]