HI DENIZENS, AND WELCOME BACK! WHAT IS THE OPEN VS CLOSED METAVERSE? For the closed metaverse think Facebook’s “Meta”; is simply a repackaged, dressed-up, 3D virtual version of web 2.0. It’s a private industry hustle, a con job; a place created by a centralized and nontransparent authority designed to mimic the open Metaverse. It’s a …
CRYPTO 101 PART 10: THE OPEN VS CLOSED METAVERSE Read More »
HI EVERYONE, AND WELCOME BACK! SO, What is Blockchain Bridging? Blockchain bridging is the use of a protocol that connects different networks within the blockchain in order to enable interactions between them. Also known as cross-chain bridging, this type of software connects these different networks with each other and allows users to send cryptocurrency from …
HI EVERYONE, AND WELCOME BACK! SO, WHAT ARE NFT’S? In theory, Non-Fungible Tokens (NFTs) are crypto assets with unique identification codes and metadata that distinguish them from each other. Although 95% of these are valueless gabage, scams, or ponzi schemes, 5% for the NFT’s out there have real value and utility…the Key is utility. This …
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 …
Crypto 101 part 7: What is the Bitcoin Lightning Network? Read More »
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 …
Daily news roundup by TradingView HI EVERYONE, AND WELCOME BACK! SO WHAT’S WEB 1 vs WEB 2 vs WEB 3? Web 1.0 is where the Web started; It was the “read-only Web,” static, all about reading, and getting information. Web 2.0 is where the web is now; the “participative social Web,” reading, writing, and creating; …
Total Crypto by TradingView HI EVERYONE, AND WELCOME BACK! SO WHAT ARE ALTCOINS? Altcoins are cryptocurrencies that are not Bitcoin. Most altcoins are based on the Bitcoin codebase, but there are a few that use different codes. Altcoins were created to solve specific problems or to fill a specific need that the Bitcoin network could …
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 …
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 …
Total Crypto by TradingView Welcome back all you beautiful degen denizens! BITCOIN DEFINED Bitcoin is a digital asset and a payment system invented by a person or pwersons named Satoshi Nakamoto. It is protocol layer technology whose growth resembles the internet in the 1990s. It is designed to be the best monetary network in existance. …