Tag: cryptocurrency

Crypto Explained in Under 200 Words: Blockchain-as-a-Currency

Crypto Explained in 156 words

The idea of cryptocurrency is not super novel – digital currency has been used in video games for decades.

Before blockchain, in-game currency never had real value because someone could just copy and paste the code, and counterfeit money would be undetectable.

Similarly, when transacting in cash with $USD, the US mint has made our dollar bills unique and difficult to forge, although someone could still attempt to pay you in counterfeit currency.

Before cryptocurrency, digital currency did not have value in the real world.

Crypto is Blockchain as a Currency

Ideally, money is difficult or impossible to counterfeit. Fortunately for cryptocurrencies like Bitcoin, Ethereum, MATIC, and Doge, counterfeit is programmatically impossible.

In the 2009 Bitcoin White paper, the counterfeit money problem was solved (dubbed the “double spend problem”) was solved, and cryptocurrency was invented.

The paper details highly technical cryptography enabling Bitcoin – the first cryptocurrency – to serve as the future method of exchanging value on the internet.

Bitcoin is simply a magical currency that sits on top of the more elusive technology called blockchain.

Go bankless and get a self-custodial crypto wallet:

The 8 Greatest Podcasts on Crypto, NFTs, and Web3 for 2022

Podcasts are one of the easiest ways you can learn more about crypto, NFTs, and blockchain because you can listen passively while doing something else.

Here are the best crypto podcasts that you will find:

The Daily Gwei

the daily gwei ethereum podcast about crypto

Anthony Sassano’s consistency in publishing this podcast about the Ethereum Ecosystem is unmatched – I don’t believe there’s another show that happens as regularly as the Daily Gwei. With episodes coming out at least every weekday, I’m thankful to be able to rely on this podcast for my daily dose of alpha. Additionally, Anthony Sassano does an excellent job of articulating the value proposition for Ethereum in a way that non-technical users can understand.

Where to start: start with the most recently published episode. This show is another daily-update style show, covering what’s happened in the last day in the Ethereum ecosystem.

Bankless

bankless podcast icon about crypto, focused on ethereum ecosystem

David Hoffman and Ryan Sean Adams cover everything crypto, with a focus on the Ethereum ecosystem. The “Bankless” movement suggests the narrative that humans should have custody over their private keys, without 3rd party centralized intermediaries. The show also has YouTube videos for people who enjoy that format more.

Where to start: There are so many incredible episodes that you could honestly just pick one and dig in. Having hosted Vitalik on the show on multiple occasions, you could always start there. I also highly recommend the episode with Coinbase CEO Brian Armstrong. Lastly the “Ultra Scalable Ethereum – Modular vs. Monolithic Blockchains” episode was particularly enlightening. This is one episode you absolute must hear if you care about the future of blockchain scalability.

Modern Finance

modern finance is a podcast that focuses on crypto's impact on finance

Internet legend Kevin Rose focuses on crypto and how it relates to the future of finance broadly.

Where to start: The episode with the Bankless guys was top-notch. Unfortunately the episodes are not published too regularly on the show, but when something is published, it is worth a listen. I’m looking forward to going back and listening to the episode with the Brave Software CEO, Brendan Eich, as well as the episode with Gary Vaynerchuk.

Into the Ether

into the ether ethereum crypto podcast

Eric Conner and Anthony Sassano cover updates from Ethereum overall.

Where to start: given that the episode covers current events and timely updates, I would just listen to the most recent episode!

The Defiant – Defi Podcast

defiant podcast focusing on defi, crypto, and blockchain broadly.

Camila Russo brings builders and users within blockchain technology and DeFi onto the podcast and does a really good job of asking the tough questions.

Where to start: the episode with Vitalik Buterin was particularly interesting, Camila did a great job of asking devil’s advocate style questions and we get to see how Vitalik responds.

DeCent People

decent people, a podcast covering decentralized applications featuring many crypto experts.

Matthew Leising does a great job of bringing Ethereum experts onto the show and digging into not only the projects they’re working on, but also a contextual background of their lives and how they got started.

Where to start: The conversation with Meltdem Demirrors was the first episode I heard, and it was really interesting hearing about her background in bitcoin, and her story about testifying in front of congress.

Up Only: Chats with Crypto Experts

up only, a podcast featuring crypto experts and whales

Cobie and Ledger host a show every so often where they get together and ramble on all things crypto. Both Cobie and Ledger do a great job of keeping the conversation candid and unscripted, and don’t hold back. It would be great if podcast episodes were released episodes more often, but regardless, the content is always solid.

Where to start: Anytime the founder of Ethereum appears on a podcast to share his ideas, its worth a listen. In addition to having a wide-ranging discussion about the internet and future of crypto developments, Vitalik shares his thoughts on anti-aging and life extension.

Proof

proof, a podcast covering NFT projects

Kevin Rose focuses specifically on NFTs and artwork on the blockchain, bringing artists, collectors, and curators on the show to talk about all things non-fungible.

Where to start: I enjoyed the Particle Collection episode and hearing about the Banksy painting being fractionalized and sold as 10,000 individual pieces. Despite my best efforts, I was not able to get access to mint a Banksy Particle. Still a great show, though.

Why Ethereum matters

Most people don’t understand blockchain, let alone Ethereum.

What is Blockchain?

Blockchain is basically a database that everyone shares.

Anyone can write to the database.

Blockchain enables users to attain self sovereignty over their money and wealth. To do so, all you need is a non-custodial crypto wallet.

What is Ethereum?

Ethereum is a decentralized world computer.

Ethereum possesses all the key tenets of decentralization, security, and cryptography, which are fundamental to blockchain.

Beyond that, Ethereum is fully programmable, where any application can be built.

The investment case for Ethereum (and hence ETH) is that it will become the most liquid token in a digital economy built atop of a Turing-complete decentralized computer that can execute smart contracts.

How do most people view Ethereum, and what are they missing?

Ethereum means many things to different people.

To some, it is a cryptocurrency… a token and you can buy and sell and speculate on, just like any stock or asset.

To other people, Ethereum is the entry point into the world of DeFi, and the slightly shady world of lending, borrowing and yield farming.

Some people use Ethereum buy into web3 projects like NFT’s or other crypto tokens.

To others, Ethereum is like a cousin of Bitcoin with high-transaction fees.

All of these various “identities” that Ethereum might take on express the magic of the Ethereum Virtual Machine.

When you combine all these applications of Ethereum, you start to see the big picture:

Ethereum is more than a cryptocurrency – it is programmable money.

Of course, the first use case of blockchain was the Bitcoin cryptocurrency, and it is extremely valuable because it solves the double spend problem.

But the principles of blockchain that enable currency can be applied in many other unique and creative ways. This is what Ethereum focuses on.

Solving the double spend problem is just the first of many.

However, in order to apply blockchain tech to problems in the world and on the internet, we needed a way to build apps and systems that has blockchain technology built in.

We needed a blockchain software development platform.

This is why Ethereum was invented.

Ethereum is a Platform Where Any Application Can Be Built

Ethereum is first and foremost a computer built on the technical fundamentals of blockchain.

Remember computers in the 90s and 2000s and even the ones we have now aka smartphones?

Well, the Ethereum computer is like that but its built on a new architecture using blockchain.

The technical fundamentals of Ethereum are sound. Its a distributed computer, meaning it runs on a network of linked nodes instead of a single motherboard and processor.

And blockchains fundamentals of decentralization, cryptography, and security have been built in… so its different from other computers because of this.

Given that Ethereum is a computer, this means that Ethereum can serve as a platform that allows applications to flourish. Ethereum it provides the tools for this.

Solidity is the Programming Language for Ethereum

By tools, I’m talking programming languages, developer documentation, Github repositories, communities, etc.

Ethereum actually has a programming language called “Solidity” that allows any developers to write code and build an application using the Ethereum blockchain as a platform.

Doing so allows developers to build the front-end that users interact with, while maintaining the solid technical fundamentals like decentralization that Ethereum promises.

Since 2017 when I first learned about Ethereum, this is by and large the biggest reason that I believe in its future.

I wanted to invest in a technically sound project that was seeking to re-engineer the internet and the way computing can be architected.

A technically sound blockchain platform would ensure that software engineers and developers would be driven to use it.

And in technology, if developers use it, then the business people will follow.

The platforms that allow applications to be built will be the biggest winners.

This is true for any industry. For this reason, I am bullish on Ethereum.

Kickstarter’s move into crypto

Crowdfunding platform Kickstarter announced their plans to build a new decentralized crowdfunding platform that utilizes cryptocurrency and blockchain.

As the cryptocurrency market cap has been trending upwards for months, blockchain’s current popularity means that Kickstarter will undoubtedly benefit from the hype associated with riding the crypto wave.

Kickstarter has been around since 2009. As a company looking to innovate, its not surprising that they’ve chosen to build upon blockchain and crypto.

It is surprising to hear that the new platform will enable Kickstarter to function as an independent organization.

Significance of building a protocol

Kickstarter is not simple re-building their company on top of blockchain technology. The company is building a protocol, on which many future projects and companies may be hosted. This company is 100% distinct and separate from Kickstarter; however, given the affiliation between Kickstarter and their new protocol, Kickstarter will be the FIRST project built on top of the new protocol.

The exciting thing is that once completed, other companies may leverage the same protocol to enable crowdfunding.

Over the history of the internet, many researchers that have innovated and created some of the net’s most impactful protocols have received little if any financial gain from their work (HTTP or TCP/IP, for example).

The problem with this lack of incentive is that it discourages researchers from innovating on existing web protocols and making the internet better. With blockchain, this incentive structure changes.

Tokenization of protocols enables these researchers and creators to maintain direct financial ownership, incentivizing them to continue building and improving upon them.

Kickstarter selects Celo Blockchain

Kickstarter reportedly selected Celo blockchain because it is “carbon neutral”, and more environmentally friendly.

Celo enables the creation of decentralized applications, or dapps.

Celo blockchain is built on top of the ERC-20 technical standard, and leverages the Solidity programming language. This means that Celo runs on Ethereum.

Our take on Celo: With Ethereum’s strength in security and decentralization, Celo effectively borrows these components from Ethereum, while building on top of it and optimizing for scalability and carbon neutrality.

How is Celo a carbon neutral blockchain?

The criticism of some blockchains like bitcoin and ethereum include the fact that the servers that verify the transactions use a lot of energy, which is supplied by coal-burning power plants via the traditional power grid.

This is no different than the electricity used in homes across the United States, or the servers at an Oracle data center. As a society, we still largely use non-green sources of energy.

Its always exciting to see companies that dedicate themselves to building while ensuring environmental sustainability.

I’m not 100% sure how Celo ensures their energy is green, but a few possible ways might be to ensure the energy is produced by solar, wind, hydro, or nuclear. Other possible ways include purchasing carbon credits, or planting trees.

Backlash from users

Somewhat surprisingly, the responses on Twitter from users and self-reported “backers” have not been positive.

With over 1000 replies on Twitter, many user comments on their post are concerned that the majority of value associated with a crypto-based crowdfunding platform will go to investors, rather than creators.

It will be important for Kickstarter to demonstrate their commitment to ensuring the actual creators are able to capture significant value, not just crypto investors.

What’s next for Celo and Kickstarter?

Kickstarter plans to launch a whitepaper in the coming weeks to describe the technology and plans for the decentralized protocol that they will build.

In the meantime, we’re keeping up with the latest on Celo as a member of the Celo community Discord.

Thanks for reading. Reach out to us on twitter and let us know your thoughts.

The Problem with The Crypto Community in 2021

The Problem with the Crypto Community Today

The community surrounding a token determines what the crypto project will ultimately become.

The community will make or break a cryptocurrency.

Sure, blockchain is the great enabler, but the technology is nothing without the people and the desire to build cool new projects.

Whether you’re a meme coin or a platform coin, the community is what dictates the success or failure of it.

crypto charts are dumb
source: r/cryptocurrency

And the same is true for cryptocurrency as a whole.

There is an overabundance of discussion online (reddit, twitter, discord groups) that focus solely on short term buy / sell strategies.

Surprisingly, it is difficult to find groups eager to engage in discussions about the long-term future of cryptocurrency as a utilitarian and functional technology that can improve human life.

Unfortunate Crypto Trends:

I’m in a small chat group with around 40 members. When I joined the group, I couldn’t help but notice a few disappointing trends:

There is almost no discussion on long-term strategy (even HODLing) in crypto. It is all discussion about trading, buying low selling high, buying the dip, etc.

Most are buying / selling multiple times in the same day, looking at charts with strange lines and who knows what else.

I really miss the “HODL culture”. HODL culture used to be a thing, and it really doesn’t feel like it is anymore. What happened?

There is less discussion about blockchain technology itself.

90% of people haven’t even read the bitcoin whitepaper.

They have no idea what the Double Spend problem is and how blockchain solved it in 2008 when the paper was published..

People brag about their profits from day to day arbitrarily trading coins.

The macro focus, where it exists, focuses on political aspects like how lawmakers are reacting to crypto, tax implications, which big organizations are investing in various cryptos (Tesla or El Salvador news for example).

The discussion almost never focuses on how a cryptocurrency project solves problems in the real world.

The fact that 99% of all discussion about cryptocurrency is catered towards trading isn’t healthy for the technology’s future.

What The Crypto Community Needs

I believe the crypto community needs to focus more on the execution of crypto’s promises like decentralized apps, smart contracts, and Web 3.

Thank God we have something like NFTs are taking off.

NFTs are finally one of the first mainstream applications of blockchain being used that isn’t solely focused on trading – are built on top of Ethereum. And it started with something as silly as Crypto Kitties.

Say what you will about silly artwork being sold on the blockchain – at least its a real application. Its as productive for society as Pokemon.

NFTs have had an impact because they do fit into a real market in the real world – the collection of trading cards and artwork.

Yet even with NFTs, there’s still that huge focus on buying low, selling high, and profiting.

Instead of trading, the people who actually CARE about cryptocurrency need to think about the long term future of these digital assets and bet with conviction in projects they believe in.

This ultimately comes down to the development team, the community, the real world problem that the coin solves.

This is one reason I appreciate assets that make it easier for other projects to be build. Those projects that serve as platforms for other apps in the blockchain arena.

And developers like Vitalik Buterin who are actually focused on building things that impact the real world, not just gaining hype for a coin and selling / trading and pump and dump schemes.

Ethereum is important because it allows other projects to be built on top of it.

It is almost similar to a hosting or infrastructure service for software projects.

In the early days of the internet, the companies that ended up surviving for the long term are those that focused on building the computers, infrastructure, programming languages, databases, servers and more.

As these tools were mandatory for any new internet based project, those companies were destined to be successful.

To figure out which cryptos are going to be successful…. look at the ones that help create a metaphorical “garden” for new projects to form.

Not all seeds will grow, but the garden will live forever.

That’s enough for today.

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SHIB Crypto Community Supports Dog Rescue and Artwork

There are enough projects out there that are actually doing nothing. Admittedly a meme coin, SHIB is building a strong community:

It goes without saying, THIS IS NOT INVESTING ADVICE. Do your own research. We all know that crypto tends to follow the Hype Cycle pretty accurately, so ups and downs are to be expected.

SHIB token mascot
source: happy doggo

Since the SHIB token community is actually helping raise money for Shiba Inu dogs to get rescued and adopted, it separates itself from 99% of the other coins out there.

The SHIB token and community actively promotes the Shiba Inu Rescue Association.

The Shiba Inu Rescue Association is a 501(c)3 non-profit organization. The SHIB crypto community does the service of encouraging members to leverage Amazon Smile, which can donate a portion of your Amazon purchases to the nonprofit.

As fellow dog lovers, when we heard that SHIB crypto community is helping Shiba Inu’s get rescued and adopted, we wanted to be involved. So, yes – we purchased some SHIB token with no intentions of selling for the foreseeable future 🙂

Is the coin garbage? Quite possibly. If by owning SHIB coin, more cute little Shiba Inu puppies are able to find homes, will you regret your ownership regardless of how the price turns out in the long run? Doubt it.

Why The SHIB Token Crypto Community Matters

shib token mascot 2
yep, that’s a bucket of shiba puppies. source: pinterest

SHIB is one of the few communities doing something in the real world.

For that, the community deserves some respect.

The thing about the world of crypto today is that there are a never ending number of new projects and tokens available for purchase.

New crypto projects are launched every. damn. day.

Building a cryptocurrency token on the blockchain has become commoditized.

Although Blockchain can be difficult to wrap your head around, the technology itself is surprisingly simple and elegant compared to the complexities of other types of software.

Development is relatively simple…. the average college student majoring in computer science can write a few lines of code and create a blockchain.

In a market of commoditized goods and services, the one thing that will never be a commodity is the human. People will always determine the value of any cryptocurrency token. The people are the ones that build the community which can create something meaningful.

If you’re looking for a strong cryptocurrency to get on board with, find a token that has a dedicated community.

That being said…..

When two of the biggest names in technology are involved with a project, its a good sign. I’m talking about both Elon Musk (CEO Tesla, SpaceX) and Vitalik Buterin (founder of Ethereum).

Their online publicity for SHIB is another signal for the dedicated and committed community that the SHIB token is building:

Elon Musk Subtweets SHIB Token

Say what you will about shitcoins being overhyped and “pump and dump” schemes. SHIB might even be a scam, who knows… and there has certainly been some big action on the “pump” side.

elon musk tweets about getting a shiba inu

Tweets from Elon Musk about getting a Shiba Inu was likely a subtweet referencing the meme that SHIB as well as DOGE have become.

Vitalik Buterin Gifts $1 Billion in SHIB to India Relief Fund

SHIB token mascot resting his weary head
source: lifehacker australia

Vitalik Buterin was gifted billions of dollars worth of SHIB token, $1 Billion of which he first donated.

But Vitalik had even more SHIB – he only donated 10% of his holdings – and his next move was unexpected.

As seen on Etherscan, Vitalik actually burned the equivalent of more than $12 BILLION in today’s value, since SHIB has appreciated since then.

Vitalik explained his rationale for the whole endeavor in a note.

In the note, Vitalik mentioned that he was “impressed with how the dog communities have treated the recent donations” and focus on “making the world better as a whole“.

For a crypto community, this is quite inspiring to see, and might just restore our faith in humanity.

SHIB Token Artwork

Aside from donating, the SHIB community encourages its members to create artwork.

Its unclear from the website how the artwork is related to the SHIB token, but it can be expected that at some point, NFT artwork may be involved.

There are all sorts of different artwork creations being made featuring the cute little Shiba Inu puppy mascot, just look at a few of them below.

SHIB token community artwork collage

As far as a Shiba Inu coin art incubator, it looks like they’ve started taking applications and we’ll look forward to seeing more exciting creations that the community comes up with.

So, its a fact that SHIB token has had more than a few positive impacts on the world: donating money to India Relief fund, as well as helping raise money for Shiba Inu dog adoption.

And if we’re going to risk betting on a cryptocurrency, we want to bet on one where we know there is at least some good in the world coming of it, because there’s always the chance that we lose our money.

Regardless of whether or not we go to the moon, funds are being raised, and dogs are being helped.

Because dogs are our best friend.

Which cryptocurrencies do you like? Which tokens do you think are actually doing something in the real world?

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What is Blockchain? Simplified Explainer

With blockchain’s level of hype, its a good idea to understand how it will affect our lives.

But many people don’t know what blockchain even is.

Most blockchain explanations use complicated terms like decentralization and consensus.

Instead of throwing around confusing words, let’s make it easy.

“its easy man” 1-of-1 NFT

Blockchains behave like referees

Let’s use an analogy to describe blockchain in simple terms: referees at a football game.

Refs serve as unbiased, independent reviewers, making sure that both teams follow the rules and play fairly.

Depending how high the stakes are, such as during tournaments or professional games, refs can make a lot of money for performing this level supervision.

However, before instant-replays were invented, referees couldn’t possibly catch everything happening in real time.

Even if the refs didn’t want to make bad calls, it was inevitable… There was no way to truly review each play and reach conclusive decisions.

referees serve the game as an independent

Equipped with the ability to review instant-replays, high-definition camera footage, and consult with other referees or analysts, call accuracy has increased.

Referees can watch exactly what is happening in every play, and consult with peers to ensure they make the best possible decision.

At the end of each play and after a decision is made, the game goes on – there is no way to go back and change the call.

How do referees relate to blockchains? (combine with above)

Now, instead of having seven or eight referees, imagine if there were 1,000 refs that reviewed and voted on every single play.

Assuming each ref was able to think independently and abide by the official rules, this would improve the accuracy of the entire decision making process for play review.

Blockchain technology takes this same approach with something called a validator network.

Just like referees review every situation that happens on the field during a game, this validator network reviews and verifies every transaction that happens on the blockchain.

Likewise, once a transaction is validated and published to the blockchain, it cannot be changed.

Let’s cut the complicated stuff:

Blockchain simplified explainer, TL/DR:

When two people trade something, a network (validators) verifies transaction data (aka blocks) before they are added to the transaction record (aka the blockchain).

Blockchain Facilitates Trade

When you agree on a deal and shake someone’s hand, can you trust them?

If transactions happen on the blockchain, then the answer is yes.

Blockchain enables people to form agreements and exchange items of value.

Neither party participating in this virtual handshake can cheat the system because every transaction occurs under the observation of a network of validators — computer code behind the scenes establishing trust.

Everyone in the network runs this code which reviews transactions for errors or malicious intent.

Since transactions are transparent, any attempt at fraud is seen by the network, and will either be corrected or rejected. This ensures that everyone follows the rules and no one gets cheated.

After all the validators on the network approve a transaction, a new block is created and published to the blockchain.

blockchain transactions happen in front of a network of trusted validators.
Each transaction is a virtual handshake.

Blockchains are made of blocks

The transaction data, plus signature of approval from the network, makes up a single “block”.

Similar to an accounting or book keeping system, transaction data stored within a block includes who participated in the agreement, what goods were exchanged, and how much they paid (currency).

Once a block is published to the blockchain, it is there indefinitely. Data cannot be altered.

blocks being added to the blockchain
Blocks being added to the blockchain

Did you know? You can see every single transaction that ever happened on the blockchain.

Instead of happening in private or behind closed doors, blockchain transactions are publicly available.

As new blocks are added, identical copies of the blockchain are updated and distributed to everyone on the validator network.

Thousands of computers (aka nodes) make up the network, and anyone can see transaction data.

Transaction validation happens extremely quickly, and distribution of new versions of the blockchain happens almost instantaneously. [1]

We use new search engines in web3: Block Explorers

On the traditional internet, you look stuff up with a search engine like Google.

In web3, users can view blockchain transactions using block explorers like Etherscan or Polygonscan.

These early stage databases will become the go-to search engines for web3.

Etherscan, the Ethereum Blockchain Explorer

Blockchain validator networks replace middlemen

In the traditional internet, your data is maintained and controlled by individual companies.

Think about how much information you submit when joining Facebook, creating a LinkedIn profile, or even purchasing a flight online.

And how about online commerce?

Marketplaces like ebay.com help people conduct business, facilitating transactions via traditional financial institutions.

When buying or selling something in web2, companies like Ebay control our data and maintain the trust. Ebay verifies the buyer and seller’s identities, and typically charges sellers a fee around 20% of the sale price for these services.

When we pay through Paypal or with a credit card, these companies also take a percentage of every payment.

On web3, blockchain eliminates the need for a middle-man like Ebay, or banks, and Visa.

Blockchain enables trustworthy commerce from one person to another without using services and databases controlled by a single entity. No single organization that can own or control the market.

Blockchain hard-coded protocols serve as the autonomous middleman. The code facilitates the rules of engagement – no intermediaries are involved.

The money gathered from blockchain transaction fees goes to the network rather than a single company.

Blockchains provide cryptographic security

Even if it does use an innovative form of cryptography, security software isn’t sexy.

Instead of being forced to listen to someone ramble on about topics like VPNs, authentication, decentralization, password managers, or Captcha, most people would rather stuff their ears with broken glass.

Check out this EASY summary of cryptocurrency in under 200 words – READ NOW

Although important for the internet, these conversations are not going to help at dinner parties — especially if your goal is to win friends and influence hotties.

As the web3 internet progresses, blockchain interfaces will do their job managing the complicated stuff behind the scenes.

Tools like wallets, fees, blockchains, swaps and bridges will be abstracted away from the user entirely. [2]

While blockchain keeps the internet running as an intrinsic background technology, the way that users interact with web3 will feel seamless, and the complicated stuff will be done under-the-hood.

Users won’t even need to know the blockchain is there, much like the cryptography and anti-virus apps that run in the background on our computers today.

One level up from blockchain, cryptocurrency is reaching mainstream adoption.

Tokens like Bitcoin, Ethereum, Polygon, or Doge may feel risky – there is always uncertainty. But, in some ways, there is just as much risk in not understanding these technologies as there is with being involved and owning just a little bit of crypto.

In 2022, blockchain may still feel like an obscure, fringe idea. My goal with this post was to highlight the essential elements of blockchain and make it easy to understand.

If you found this post helpful, please let me know on Twitter, at espressoinsight.

What to read next?

  • Intro to crypto in under 200 wordsread now
  • Why Ethereum matters – read now
  • Allocating funds between NFTs and ETH – read now
  • Best podcasts about crypto and NFTS – read now
  • 16 free tools to analyze NFTs – read now

Sources:

  1. https://bitcoin.stackexchange.com/questions/110079/how-do-nodes-agree-or-disagree-after-new-block-is-create
  2. https://polynya.medium.com/the-web3-stack-how-web3-will-offer-superior-ux-than-web2-6b8c82709163