Erik From The Decentralist

Crypto 101 part 7: What is the Bitcoin Lightning Network?

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Total Crypto by TradingView HI fellow denizens, AND WELCOME BACK! SO, What is the Bitcoin Lightning Network? The Bitcoin Lightning Network is a set of rules (known as a second-layer payment channel) that built on top of bitcoins blockchain specifically designed for instant and feeless micropayments. this second-layer payment channel increases transaction times and decreases […]

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crypto 101 part 6: What is Defi?

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Total Crypto by TradingView HI EVERYONE, AND WELCOME BACK! SO WHAT IS DEFI?  Decentralized finance, or “Defi” for short, is a term used to describe financial products and services that are not controlled or regulated by any central authority. Its peer-to-peer finance is enabled by decentralized technologies built on the blockchain. More specifically, DeFi allows users

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Passive Income Series Part 1; how to Make Money Buckets & Set Objectives

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“I am writing this from a desire to share facets of my journey that may help others build the life of their dreams in the safest, most reliable way possible.” – Me-The Crypto Medium, James Hudson Why I wrote this; I have seen many people, and have myself, suffered much larger drawdowns than I would

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crypto 101 part 2: What Is The BlockChain?

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Hi everyone, and welcome back! So, what is the BlockChain? The blockchain is a distributed global database of Nodes (generally computers/modems) that allows for secure, transparent, and tamper-proof recordkeeping. It is the technology that powers Bitcoin and other cryptocurrencies. A blockchain is made up of blocks, which are chained together. Each block contains a cryptographic

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The Crypto Jedi Issue 4: How To Spot Crypto Scams and Rugpulls

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Daily news roundup by TradingView GREETINGS DENIZENS! How do we Spot Crypto Scams and Rugpulls? Before we get inot the 11 tips on how to spot this activity;  Its so important to emphasize that the non-bitcoin crypto and decentralized finance (Defi) space is filled with undoxxed, anonymous project leads, hiding behind pictures of cartoon characters,

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crypto 101 part 1: What Is Crypto?

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Definition;  Cryptocurrency is a type of digital currency that got its name because it uses cryptography to secure transactions. Unlike fiat currencies, which are issued by central banks and regulated by fiscal policy in some countries (such as the United States), cryptocurrencies do not have any single authority overseeing them; instead, they operate through a

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