Disclaimer

This is a long read (4k+ words). Just a heads up.

None of the information in this report should be constituted as near/mid/long term financial advice OR financial advice for that matter, cryptocurrency investing is highly risky and speculative and there is a chance you may lose most of your initial investment.

I won't provide any TLDR for this post because it is worth reading all of it, since it is a good idea to know what you are investing into.

Also DON'T give me awards.

I hold a significant Loopring investment, thus this may be a biased analysis.

(Edit 1: Added an extra section analyzing market cap of NFT)

Introduction

Loopring is an open protocol for building decentralized exchanges initiated by Daniel Wang. The protocol is free, extensible, and serves as a standardized building block for decentralized applications (dApps) that incorporate exchange functionality. It is operable on Ethereum and Qtum while NEO is also under construction. (Reference: Bitcoin Wiki).

Loopring is a no-brainer investment at these price levels and here is why:

Loopring is an engineering first team

Probably the most important thing that gets overlooked in an initial investment thesis, is the management. Good management is absolutely pivotal to a business/technologies success.

Loopring is an engineering first development team, meaning they are made up of mostly engineers(95% of the team are engineers). Now you may be asking, isn't this a problem… it's not, you always want a team that is as technical as possible, a good product will always sell itself, look at Tesla, mostly engineers and 0 marketing. Good management, is the cornerstone of a company and the value it will deliver to its investors. (Source: Loopring Medium Article, Finestone's parting words)

Some of the most successful companies on the planet, are engineering first companies, with a rich focus in R&D (Research and Development). I can list many but here is a few

- Palantir

- Google

- Amazon

- Tesla

Loopring's lack of media presence, may seem bearish to outside investors or on a short time frame, BUT to me, it is a sign that they are focused on delivering industry changing products that will accelerate mass adoption to cryptocurrencies, metaverse and NFTs. There is no need to endlessly hype your products, there is no need

As usual, this post is also on my blog with footnotes and inlined images.

It's commonly said that "cryptocurrency markets are manipulated". Today, you'll see one example of how that particular sausage is made.

[The SEC][1] cites price manipulation as a primary concern when rejecting bitcoin ETF applications. Some [crypto hedge funds][2] retort that "markets can't be manipulated because they're too big", which we'll show is nonsense.

While cryptocurrencies have grown in popularity and market capitalization, the volatility of the price has not diminished. One recurrent feature of crypto price is the [BART pattern][3], where periods of low volatility are punctuated by spikes of extreme volatility. The name comes from the resemblance to Bart Simpson's head

Volatility spikes like the ones in BART patterns are caused by cascading liquidation events. Speculators making [leveraged bets][4] get forcefully wiped out.

Today, we'll dive into one such market manipulation event with loving detail, the July 26th Bitcoin short squeeze. The data I've used to research this is the full Binance orderbook (data courtesy of [CoinStrats][5]) at the millisecond level. Here's what the price data for the event [looks like:][6]

Note: All charts have hi-res versions if you click on their links

Note the extreme spike in BTC Futures price compared to other markets. Among Bitcoin mass liquidation events in 2021, this isn't the largest

The largest liquidation events are forced selling (red bars on the bottom chart, AKA long squeeze). This is because many more crypto speculators are taking leveraged long bets (borrowing to buy more BTC) than short positions (betting that the BTC price goes down). People who speculate on Bitcoin are as a group an optimistic bunch.

The reason we're looking at July 26th rather than [April 18th][7], [May 19th][8], or [December 4th][9] is that it's a better example to write an article about.

The July 26th event has both a clear order book manipulation as well as a classic media manipulation campaign, showing how actors that profit from these events operate.

The Bullshit Amazon Bitcoin story

The BART pattern in this short squeeze is punctuated by two major pieces of news.

Leading into the upw

Los ETFs son:

De estos fondos, el único de gestión activa es el fondo ARKK. El resto son todos pasivos, es decir, intentan replicar un indice y no hacer stock picking activo con mucho trading.

Algunas recomendaciones random sobre estos ETFs:

1. Con respecto a ARKK: solo lo recomiendo para inversores con muy alta tolerancia al riesgo. Los fondos de gestión activa suelen tener poca chance de éxito (ie, de ganarle al benchmark) en el largo plazo (ver SPIVA report). Además, este fondo parece estar en la etapa de "burning star", fue el darling de los medios por el año espectacular que tuvo en 2020/21 y ahora esta bastante hecho pelota. Recomiendo leer este thread de twitter, escuchar este podcast y ver este video antes de invertir. Ojo con el marketing de los fund managers, hay mucha evidencia de que es mas probable que sea suerte que habilidad.
2. No recomiendo invertir en DIA tampoco. Es un indice muy conocido pero solo por ser uno de los primeros. Está poco diversificado (solo 30 acciones), y ademas tiene un weighting diferente a market cap (price based) que hace que [los pesos en el portfolio queden super raros](htt

Here's a sobering analysis of the current web3 state which, in a well investigated manner, shows that it's not quite where it might have been thought to already be!

https://moxie.org/2022/01/07/web3-first-impressions.html

So what will #IOTA 2.0 be contributing to web3? Here's a non-conclusive list:

1. A feeless protocol that is designed to support data & value messages. For every message sent via the Tangle, the sender's wallet is deducted with the exact same amount that is added to the recipient's wallet. Read more about potential use cases
2. A leaderless protocol that results in each node being an equal part of the network & thus enables true decentralization. Opposed to leader-based PoW/PoS networks, which tend to increasing energy consumption, fees & centralization over time due to racing for the next block.
3. A scalable protocol that does not depend on total ordering due to its underlying DAG structure. Blockchains however require total ordering and have a defined block size that only allow a limited number of transactions in a certain amount of time, thus creating a bottleneck.
4. An efficient protocol that uses less than a millionth of a kWh for a transaction and thus allows to run light nodes even on resource-constrained devices, which will massively increase decentralization and drastically lower entry barriers...
5. A Self-Sovereign Identity (SSI) framework that enables "people, organizations or machines to create & have complete control over a digital identity - without the permission of an intermediary/central party. In addition, it gives control over how personal data is shared & used."
6. A Tokenization framework that allows "the creation of digital assets that are natively secured (i.e. as secure and scalable as the native IOTA token) on the L1 without incurring any fees [...]" as well as wrapping/unwrapping SC tokens into/from native tokens.
7. A Smart Contracts framework that addresses "some of the drawbacks of existing solutions (fees, scalability, interoperability and limited composability)" & offers "limitless possibilities to build decentralized applications (dAp

I am getting increasingly worried about the amount of warning signals that are flashing red for hyperinflation- I believe the process has already begun, as I will lay out in this paper. The first stages of hyperinflation begin slowly, and as this is an exponential process, most people will not grasp the true extent of it until it is too late. I know I’m going to gloss over a lot of stuff going over this, sorry about this but I need to fit it all into four posts without giving everyone a 400 page treatise on macro-economics to read. Counter-DDs and opinions welcome. This is going to be a lot longer than a normal DD, but I promise the pay-off is worth it, knowing the history is key to understanding where we are today.

SERIES (Parts 1-4) TL/DR: We are at the end of a MASSIVE debt supercycle. This 80-100 year pattern always ends in one of two scenarios- default/restructuring (deflation a la Great Depression) or inflation (hyperinflation in severe cases (a la Weimar Republic). The United States has been abusing it’s privilege as the World Reserve Currency holder to enforce its political and economic hegemony onto the Third World, specifically by creating massive artificial demand for treasuries/US Dollars, allowing the US to borrow extraordinary amounts of money at extremely low rates for decades, creating a Sword of Damocles that hangs over the global financial system.

The massive debt loads have been transferred worldwide, and sovereigns are starting to call our bluff. Governments papered over the 2008 financial crisis with debt, but never fixed the underlying issues, ensuring that the crisis would return, but with greater ferocity next time. Systemic risk (from derivatives) within the US financial system has built up to the point that collapse is all but inevitable, and the Federal Reserve has demonstrated it will do whatever it takes to defend legacy finance (banks, broker/dealers, etc) and government solvency, even at the expense of everything else (The US Dollar).

I’ll break this down into four parts. ALL of this is interconnected, so please read these in order:

Part One: The Global Monetary System- “A New Rome” <

[Part Two: Derivatives, Systemic Risk, & Nitroglycerin- “The Ouroboros” < ](https://www.reddit.com/r/Superstonk/comments/o727oc/the_dollar_endgame_part

This is going to be somewhat lengthy so buckle up. There is a big jar of 🪙crypto at the end of the 🌈 rainbow ;)

Recently a group of important voices have come out against Web3. These aren’t the usual technology adverse critics but rather voices that are in general pro technological innovation; People like Jack Dorsey and Tim O’Reilly but also others like Levi from Box.com and large parts of the entire gaming community also seems to have an issue with the fundamental morality of the Web3 project.

This should be taken seriously but instead of getting into a tit-for-tat with their claims I would like to zoom out a little bit more and try to explain why Web3 is not just a great technical innovation, it’s also morally superior to any societal solution we currently have, rendering the objections by critics moot.

Let's start with the obvious question: Why do we need a moral case for blockchain?

The answer is actually quite simple.

Any claimed solution to a problem, potentially affecting humans at large scale, need to to deliver on at least 4 axises.

• Non-coercive
• Fundamental
• Transparent
• Better problems

Non-coercive

A moral solution doesn't need to be forced, it will prove itself by improving the circumstances for those embracing it. Only through volunteer adoption can a solution said to be moral.

Non-exclusive

People who adopt the solution later aren't in principle excluded from participating in the upside early adopters enjoyed. Early adopters aren't in shielded from the downside of those adopting late.

Transparent

A morally superior system is not afraid of its own logic or the axioms it's built upon. In fact the superiority hinges on the accessibility of the rules and the reasoning governing the system.

Better problems

There is no such thing as a perfect solution.

All solutions come with their own unique problems.

The crucial difference is whether those problems are better problems to have than those it replaced.

Ok but what problems does Web3/Crypto actually solve?

At its core crypto solves the problem of trust.

This might sound underwhelming but once you start thinking about how many things in society are based on trust you quickly realize how important solutions to this problem are.

Trust in your friends, trust in your colleagues, trust in local government, federal, police, legal system, neighborhood, financial system, economic policies, the market, companies, ownership, your self! I could go on.

Nothing w

Key Points

+ Ethereum has soared more than 30,000% in the past five years.

+ It has more functionality than Bitcoin, giving it an advantage in potential use cases.

+ Changes in the way transactions are processed should increase its speed and scale.

Forget about high-flying tech stocks. Ethereum (ETH), the world's second-most-valuable cryptocurrency behind Bitcoin (BTC), has skyrocketed by almost 30,000% over the past five years. This means that a $1,000 investment in Ethereum made on January 2017 would be worth about $300,000 today.

So, is it too late to buy? Would you just be chasing returns at this point? I don't think so. Even after the huge price gain, buying Ethereum in 2022 could still be a lucrative investment.

Here are three reasons why.

Surging developer activity

Ethereum is a base layer programmable blockchain that enables the use of smart contracts, or self-executing software. In this, its blockchain differs from that of Bitcoin, which is simply a decentralized payments network that doesn't have much functionality.

It can be helpful to view Ethereum as a gigantic, worldwide computer that is open for all to see and tinker with. That openness has invited a ton of developer activity. According to a report from venture firm Electric Capital, Ethereum at this point has more than 4,000 monthly active developers working on it, significantly more than than in did in 2020. This is a huge advantage when it comes to propelling the technology forward.

The fact that some of the sector's best and brightest are working on Ethereum projects is a bullish argument for the Ether token's value. That activity generates a network effect, where attracting more developers leads to more innovation and better projects, which leads to greater utility and, ultimately, a higher Ethereum market cap.

The growth of decentralized applications

The aforementioned developers are building extremely interesting decentralized applications (dApps) on top of the Ethereum blockchain. There are 2,900 dApps now operating on the network, with use cases ranging from gaming and social media to finance and security.

Decentralized finance applications like Aave and Compound allow users to lend and borrow crypto without the need for intermediaries. Another trend is the burgeoning popularity of non-fungible tokens (NFTs), blockchain-based certificates that represent ownership of a digital or real-world asset. OpenSea is the leading peer-to-peer marketplace for NFTs.

As users fin

January 10, 2022 - 8:45 am

• Viston is pleased to note the Petroteq Board’s unanimous recommendation that its Shareholders accept Viston’s Offer and deposit their Common Shares to Viston’s Offer
• Viston notes that the Petroteq Board’s reasons to accept Viston’s Offer are consistent with those outlined in the Offer
• Viston is pleased by Shareholder support for the Offer to date and encourages Shareholders to tender today in order to receive the significant cash premium
• Viston reminds Shareholders that the deadline to tender is February 7, 2022

TORONTOViston United Swiss AG (“Viston”) and its indirect, wholly-owned subsidiary, 2869889 Ontario Inc.(the “Offeror”) remind Shareholders of Petroteq Energy Inc. (“Petroteq”) (TSX-V:PQE; OTC:PQEFF; FSE:PQCF) that its significant premium, all cash Offer remains open and, with the deadline to tender approaching, now is the time to tender.

Petroteq Board’s Unanimous Recommendation to Accept Offer

Viston was pleased to see the press release issued by Petroteq on January 4, 2022, and Supplement to its Directors’ Circular in respect of the Offer, in which the Petroteq Board unanimously recommended that Shareholders accept Viston’s Offer and deposit their Common Shares to Viston’s Offer. Petroteq noted both the significant benefits and risk avoidance inherent in accepting Viston’s Offer and specifically outlined, among others, the following reasons Shareholders should accept Viston’s Offer and tender their Common Shares to Viston’s Offer:

• Results of Petroteq’s Strategic Review: Based on the results of the strategic review presented by Haywood Securities Inc. (“Haywood”), the Petroteq Board believes that the immediate cash value offered to its Shareholders under Viston’s Offer is more favourable to its Shareholders than the potential value that might otherwise result from other alternatives reasonably available to Petroteq, including remaining as a stand-alone entity and pursuing Petroteq’s existing strategy, in each case taking into consideration the potential rewards, risks, timelines and uncertainties associated with those other alternatives.
• Premium Over Market Price: The consideration of C$0.74 in cash per Common Share under Viston’s Offer represents a premium of approximately 279% over the closing price of the Common Shares on the TSX-V on August 6, 2021, being the last trading day that the Common Shares were traded on the TSX-V.
• *Unlikelihood of Superior Proposal

Cardano allows issuing tokens and writing decentralized applications. What is the difference between ADA coins and tokens? What market value can different tokens have and why? What is needed to happen for tokens to retain value over the long term? What are the risks related to holding tokens? Let’s explore that in this article.

TLDR

• ADA coins are issued by Cardano Protocol. Tokens can be issued by anyone in the world.
• New tokens have a low network effect, a short history, and the price can be uncertain.
• Price and value are two different things. We can find out the market price immediately. Value can be individual.
• Tokens can be NFT, they can be associated with digital or physical value, or they can have social meaning.
• Tokens are bad money if they are volatile. If volatile tokens are used to pay for the use of a service, the project may become unusable.
• It is not always necessary to hold tokens for the long term. Sometimes you just need to buy them when you need to use them.
• Staking tokens may not be economically sustainable or profitable.
• Projects need tokens because they allow independence from the environment. The economy cannot be built on a single cryptocurrency.
• The market price is always driven primarily by demand.
• The emergence of state-independent money will lead to the creation of new groups. These groups may need tokens to manage themselves.

Issuing tokens

The first generation of blockchain projects came up with the idea that the number of native coins in circulation would be controlled by the protocol itself. Bitcoin is in full control of the monetary policy of the project and through BTC coins it essentially controls its own economic model. Cardano works very similarly, but uses its own native coins and has different rules for redistributing ADA coins within its ecosystem. In addition, Cardano allows users to issue their own tokens, at any time and in any amount. The Cardano protocol treats tokens similarly to ADA coins. Users can own tokens without an intermediary and the network can transmit them in a decentralized manner. In the case of tokens, however, the Cardano network has no control over the number of tokens issued, their release into circulation, or their purpose. All of this is the responsibility of the authors who issued the tokens. In this article, we will discuss what meaning or value these tokens may have.

Value and price

Economists have been studying the relationship between value and p

⭐ This is the first tool that offers its users security and reliability with their messaging project, calls and emails backed with blockchain technology. PadLock is the new protocol that seeks to develop solutions through security DApps in order to execute single decentralized communications based on a blockchain network.

✅ This system allows users to communicate, send files and speak without the need for corporate servers within the platform. In addition, this innovation provides security, this means that there will be no information leakage, virus attack and the request of cumbersome requirements such as telephone number or emails to be able to log in.

✅ For many people it will be impossible, but PadLock not, since blockchain technology allows encryption of all information shared, managed and stored through the system. In recent years, technology has evolved and the hacking of profiles and the leakage of personal data can be seen more regularly.

✅ Many platforms offer the encryption or encryption service but in most cases this is not the case and they tend to be more vulnerable than you might expect. Every day people and companies are more defenseless in terms of the loss of computer data that can be generated with just one click.

✅ One of the benefits that blockchain offers is the solution of combining accessibility with privacy in conjunction with security. End-to-end encryption is another feature that stands out since most activities and transactions of any kind can be safely protected with a seal of authenticity, references and documentation. PadLock has focused on making cryptographic techniques between blockchain and smart contracts a reality.

✅ Its main technology is modern and works on a decentralized principle, offering greater security, privacy and protection. With this protocol the risks of losing data are reduced to a very important percentage and at the same time it allows transparency, solving problems of threats, security and confidentiality.

✅ PadLock is a unique concept that works on a decentralized communications platform with security and software applications. These software applications ensure the secure ownership of data, an advantage that connects the world without the need for intermediaries.

📌Tokens PadLocked is a platform that works through smart contracts. PadLock DApps tokens are executed through Binance Smart Chain (BEP-20).

✅ With the decentralized token exchange at BSC the process would be ultra-fast with extrem

Hey ape fam. I saw an OOTL (out of the loop) this morning asking about NFTs. It had some popular answers and is accepted but I was more curious about the misinformation surrounding NFTs and some of the more typical arguments that you will see of people saying "NFTs are dumb it's just a URL, you don't own anything" all the way to people saying "you do own something, but anyone else can just right-click copy it and then sell it as their own". I tried to bring some more information on that post and correct the misinformed users but was downvoted pretty quickly which inspired me to spend a couple hours on a write up for my ape fam so that they are in the loop on what is and what isn't when it comes to NFTs.

My personal opinion: the biggest issue surrounding NFT's as a whole is the lack of information surrounding their value propositions (i.e. Essentially asking as a non-ape, what is an NFT and why should I care?). I think it is also somewhat prudent to try and get ahead of this misinformation train as I have moments where I imagine GME announcing their NFT platform publicly and just getting blank stares outside of the ape community because of all of the negative sentiment surrounding NFTs lately and how other companies have really jumped on the bandwagon over the last few months to try and take advantage of the current hype train.

What is an NFT?

In its' most simple description, NFTs are just a non-fungible (unique) version of ERC-20 tokens. There are more specific differences between these two token standards at a code level in the protocol blueprints as well as functions that are available to the user of the token but the biggest differences that you should know between an ERC-20 token and an ERC/EIP-721 (NFT) token are that unlike ERC-20 tokens, ERC-721 tokens:

• Have a unique distinguishable identifier
• Have collectability value
• Are non-divisible (you can't sell .0001 of your NFT, it's an all or nothing deal once you have it)

Now that we have the technical differences out of the way, let's talk about some practical applications for NFTs and the token standard that was created to solve problems that could not be represented by the ERC-20 token standard.

The ERC/EIP-721 (ETH NFT Blueprint) standard (https://eips.ethereum.org/EIPS/eip-721) lists the following abstract:

"We considered use cases of NFTs being owned and transacted by individuals as well as consignment to third party broke

I don't want to step on anybody's toes here, but the amount of non-dad jokes here in this subreddit really annoys me. First of all, dad jokes CAN be NSFW, it clearly says so in the sub rules. Secondly, it doesn't automatically make it a dad joke if it's from a conversation between you and your child. Most importantly, the jokes that your CHILDREN tell YOU are not dad jokes. The point of a dad joke is that it's so cheesy only a dad who's trying to be funny would make such a joke. That's it. They are stupid plays on words, lame puns and so on. There has to be a clever pun or wordplay for it to be considered a dad joke.

Again, to all the fellow dads, I apologise if I'm sounding too harsh. But I just needed to get it off my chest.

From my experience debating people here, many do not understand what is meant by a post-scarcity society. The belief that people have (most of whom are capitalists) upon reading that word is that it would be a world where all resources are in infinite quantities. That is ofcourse unrealistic, but is also not what is meant. To clear up that misconception, I briefly explain what post-scarcity entails.

We live on a planet with a limited amount of material resources. Material resources that exist in great quantity but are still limited. When talking about post-scarcity, we dont really talk about these "natural resources". Instead, we talk about goods. Goods that we produce. And with these goods, there is scarcity. However, this scarcity is in by far most cases not caused by the material limitations of our planet, but by the limitations of our production technologies, by which I am referring to the general labor productivity that said technologies allow us.

For ease of demonstration, imagine that we live in a country with a fixed population size and a fixed amount of hours that people work. Assuming everybody works to produce goods that are in demand, our output is of a certain quantity. However, if we raise labor productivity while keeping the parameters above equal, our output rises. Before, we were constraint to producing only so many goods, but now we are able to produce way more goods within an accounting period. Thus, we are able to create abundance (and thus reduce scarcity) by raising labor productivity.

And this is what we are set out to do to achieve a post-scarcity society: we upgrade production technologies to keep increasing labor productivity to increase output (potential). How that could play out, while using for example market clearing prices, is that most goods (except for those which are constraint by the material limitations of our planet) would become cheaper and cheaper... until, eventually, they become free of charge. It is at that point that we have arrived at the post-scarcity society, where people can simply just grab from the stores whatever they want, and people only need to commit labor if they want to obtain goods that are scarce following the material limitations of our planet. Thus, scarcity that would still exist would be minimal, and it would be dealt with by giving said goods to the people who do work demanded by society and worked the hardest.

An obvious question is, how is this economically even possible? Very si

👩🏻‍🚀Fellow Cosmonauts!👨🏽‍🚀

On January 20th at 5PM PST / 8PM EST // January 21 at 1AM UTC, we get the chance to learn more about Carbon with a community interview with Ivan Poon, the Co-Founder and CEO of Switcheo Labs.

Sign up here: https://www.airmeet.com/e/4a1109a0-77d6-11ec-9c9c-73370a863646

https://preview.redd.it/5oi1r6or3jc81.png?width=1920&format=png&auto=webp&s=0ea2102bb355bafe61422be366822d62cbf02119

>Carbon is a permission less protocol that seeks to enable any type of financial transaction to occur at low costs and at high speeds, without the need of trusted intermediaries, and as a springboard for launching any kind of decentralized financial market.
>
>Ivan Poon is the Co-Founder and CEO of Switcheo Labs, a protocol development entity in the blockchain and DeFi space. Since its inception in 2018, Switcheo Labs has launched several innovations such as its flagship protocol, Carbon. Switcheo also launched Demex, a Layer-2 DEX built for trading sophisticated financial instruments, and ZilSwap, the first DEX built on Zilliqa. A computer engineering graduate from the National University of Singapore, Ivan was formerly the CTO at Kloudsec, GuestSense and Payboy, the latter of which he now serves as a board member. Ivan wears multiple hats from leading the team at Switcheo Labs to sitting on the advisory board for Bolt Global and Dusk Network due to his proficiency and technical expertise in the blockchain, crypto and DeFi space. Ivan is also a seasoned trader, crypto enthusiast, and early crypto investor having bought his first cryptoasset back in 2016. Since then, his vision has been to build a truly decentralized trading platform where anyone can trade on any financial market freely without undue regulations.

We hope to focus the conversation on the integrations of Carbon into Cosmos via IBC, how Carbon works, and a general introduction to the platform.

Ask  Ivan anything about:

💰 How Carbon will reward users

⚙️ Tokenomics & Integrations

🚀Roadmap, what comes next?

... and more

Please note that Ivan is not a financial advisor, he will not give predictions about the price of ATOM or SWTH.

💌 Documentation & Contacts

Carbon: Official Website • Github • Documentation • [Discord](https://discord.com/invite/SPh6

I copied the following post by David Herrera from the AMPToken group on facebook

Flexa’s payment rails will be adopted globally. Here are 21 reasons why it’s inevitable:

1/ No drawbacks. With Flexa, merchants can easily accept digital assets while settling in fiat. No need to update hardware, or engage with crypto specific complexities like compliance, tax liabilities, security and exchange rates.

https://www.prnewswire.com/news-releases/sheetz-becomes-first-convenience-store-chain-to-accept-bitcoin-301301014.html

2/ Mobile payments. The future of payments is mobile. Dominance of card payments will decline. China and South Korea have already embraced mobile apps as their main payment method, Europe and the US will follow.

https://twitter.com/InfiniteAtman/status/1365302589160587272?t=35-MriZXtL6Rt4eJchiX3Q&s=19

3/ Security. Flexa payments utilise the high security standards of cryptographic transactions, countering classic types of credit card exploits. Fraud cases on Flexa rails so far: 0

https://www.forbes.com/sites/thomasbrewster/2020/12/10/millions-of-payment-terminals-are-vulnerable-to-credit-card-theft-hacks/?sh=37916f4e28f9

4/ Privacy. Traditional clearing methods require the routing of sensitive data though many intermediaries, with a high risk of leaks or breaches. With Flexa, customer data is no longer stored in centralised data silos.

https://www.investopedia.com/news/5-biggest-credit-card-data-hacks-history/

5/ CBDC’s & stablecoins. Both are currently experiencing major global traction and will soon change the way we transact. These assets will render legacy payment rails irrelevant and validate the value proposition of pure-digital solutions.

https://twitter.com/InfiniteAtman/status/1346294641335922694?t=gan3ZDIf3w06SL_yrmaVdQ&s=19

6/ Historic pain points. Card payments consistently rank amongst the greatest obstacles of innovation of banking services. New solutions that foster growth are urgently needed. The market is ripe for the taking.

source: Mckinsey payment report

https://www.mckinsey.com/industries/financial-services/our-insights/the-future-of-european-payments-strategic-choices-for-banks

7/ Open source. Flexa rails are open and permissionless. Anyone can utilise their reach, by simply integrating the spend SDK. No complex onboarding, no additional bank accounts, no centralised administrative overhead.

https://developer.flexa.network/spend/

8/ It’s Decentralised. The Flexa network is not owned by any sin

This is your 15-minute Monday report in 3949 words.

##Diaspora Affairs office will cut bureaucracy for diasporans with a new "repatriation center"

Dozens of young repatriates from several countries were invited to the 'Repatriation Week' event for introduction and exchange of ideas.

Office chief Zareh Sinanyan: repatriation is a very difficult decision, but I am sure that it will be the brightest decision in the life of all the young people present. Young people continue to repatriate despite the difficulties since last year.

We're currently forming a repatriation integration center based on the experience of other countries. Its goal is to eliminate քաշքշուկ so our repatriated families will only have to deal with one office that will address all their problems.

We're also working with several companies to act as intermediaries to help the repatriates with employment in their respective fields. //

ARCTX representative: we signed a cooperation memorandum with the Diaspora Office to address the IT expert shortage in Armenia with the help of repatriates. //

https://armenpress.am/arm/news/1071103.html

##startups received grants to improve the quality of life of disabled residents through assistive technologies

A competition was held. Revive Acceleration Program gave grants to 4 tech startups on Monday to help improve veterans' lives. It's a joint project by the government and the UN.

Labor Minister: we invited one of the winners to Armenia and reached an agreement. Our care centers will have "tech rooms". Our startups have great potential in the prosthetics industry. We're ready to help them capture international markets. When the products are ready, we will sign purchase contracts to help veterans in Armenia.

UN representative: these are quite innovative solutions. //

Winner AIP Tech: our product is a biodegradable bioactive substance that will replace bone. When we have a large bone defect, it is more desirable to have a material that will break down over time and cause the natural bone to grow in its place. [some "universal soldier" magic shit] //

Winner Oqni is an Armenian startup that produces lower extremity prostheses with the help of artificial intelligence, which also helps with the recovery process.

Winner Sheral produces limb prostheses using carbon fiber.

Winner Key2enable is an American startup that offers tools for communication and learning.

https:/

Users, media outlets, and the like constantly talk about the peer-to-peer (P2P) power of Bitcoin: the ability to transact with no middleman or intermediary between you and another user. I grasp this fine from a technological perspective. Through PoW as a decentralized protocol, miners collect transactions between users packaging them into blocks and hashing the data onto the blockchain securely forming the Bitcoin network / immutable ledger of past transactions (obviously there is much more going on here, but sufficient from a high level).

However, in practice I have only ever used the UI of some service to facilitate my transaction and interact with the network (Exodus, Coinbase, BlueWallet on the lightening network, even Ledger is making use of a third party's product to store one's keys giving them access to funds on the network). Being tied to these services, while not true financial intermediaries in the traditional sense as they still leverage the blockchain network, does not indicate that one can leverage the power of the blockchain in a purely P2P / decentralized manner.

I have followed the crypto space / the evolving tech for about two years now but am by no means an expert. Moving forward, how can one learn to leverage this space in a manner less-reliant on other parties (not necessarily from a place of mistrust in the products / innovations of others, but in a desire to learn more in regards to interacting with the network as an individual). Would love to see the info / resources this sub may have to share here.

What is DeFi?

Decentralised Finance (DeFi) activities have been at the forefront of technological innovation in the blockchain space. What makes DeFi applications unique? There is no need to set permissions for such applications to be used. Anyone (or any product, such as a smart contract) can interact with it, as long as it is connected to the Internet and has a supported wallet. In addition, DeFi applications usually do not need to trust any custodians or intermediaries. In other words, they are decentralised applications.

Is there any risk in liquidity mining?

The only risk is the devaluation of the virtual currency, but we use USDT, a virtual currency that pegs cryptocurrencies to the fiat currency, the US dollar. TEDA is the stablecoin.

Advantages of Defi: "high transparency", "certainty", "decentralisation", "safety and security of funds", all in your own wallet.

Defi calculates the profit of liquid mining: the product rate is once every 6 hours, i.e. 4 times in a 24-hour natural day.

Example.

100USDT-999USDT yield = 0.03% - 0.05%

1000USDT-9999USDT yield = 0.06%-0.09%

10000USDT-19999USDT yield = 0.1%-0.15%

20,000USDT-29999USDT yield = 0.16%-0.2%

30,000USDT and above yield = 0.21%-0.3%

Hello r/CryptoTechnology! I feel that there is generally too little content being created to guide interested developers/designers into the crypto space, so I'm writing content to hopefully fill this gap. I've written my first article that tries to explain the Bitcoin whitepaper in 15 minutes, please give me your feedback!

___

Significance

The Bitcoin whitepaper is significant in the fintech world as it solves the double spending problem in a trustless environment.

The double spending problem is as follow: without a central authority, it is hard to verify if a person has spent a certain amount of money. Thus, it may be possible for the person to spend the same $3 more than once.

Let’s look at how we have solved this in the physical world, then turn to the digital world.

Physical world

Physical scarcity of cash dictates that it cannot be double spent. If you hand over a dollar to the retail store counter, you simply do not possess that dollar anymore.

Digital world

We have previously solved the problem by relying on intermediaries like banks. We trust that when we pay a dollar to the retail store counter, the bank will debit a dollar from our account and credit a dollar to the retail store account.

Without a central authority, it is hard to ascertain if the dollar has indeed been debited/credited respectively. And without this constraint leading to scarcity, digital currencies essentially become worthless.

Solution

The key innovation of Bitcoin is that instead of trying to create trust among participants, it sidesteps the issue altogether by assuming low trust. It uses cryptography to ensure that the double spending problem will not happen.

>Quick aside: What is cryptography?
The official definition: "The practice and study of techniques for secure communication in the presence of adversarial behavior."
Trivially, think of how you (used to) send letters. You may use a combination of enclosing the letter, secret codes, and signatures to ensure that your message is received securely. You have already practiced simple forms of cryptography!

A walkthrough of how Bitcoin works

Bitcoin is set up as a peer to peer network of computers (i.e. these computers can communicate directly with each other). All participants on this network keep a record of timestamped transactions- it is a way to keep track of ‘who has what at when’.

Steps (in layman’s terms)

1. There are 2 types of participants- average users a

Do your worst!

hello,

I've been following bitcoin since 2013 because of the idea. I guess the price action and misinformation had me FOMO into BTC but I always had my skepticism about how it can play out long term and with real world applications. I accepted the idea of a digital store of value but it also needed to be used like cash. I had herd about Wright around the first bull run to 19k. someone claiming to be satoshi was an instant disregard if it wasn't someone short of elon musk. I tell you I loved BTC but I just noticed every single person in the field made me sort of cringe. cough cough maxkiezer** and the fuck the establishment ideal was okay I guess but the government isn't going to let there be a currency like that. I just couldn't see the long term value of a coin that, everyone in is only looking to quadruple their USD. after the news of this court case could potentially connect this guy to the original team. looked into his blog and now I am rethinking everything I learned about crypto, refreshing to see someone cite sources/references on what they are talking about (not common in this space). doesn't really make sense anymore for the innovation of a p2p internet cash have so many intermediaries adding cost and increasing fees. on just a simple transaction. seems like a huge cash grab. bucketshops.

so I'm wondering if anyone knows. does BSV version of bitcoin have Metcalf's law in it aswell? more users = higher price per BSV (bitcoin)?

or will the price get lower and more stable as it is used more as a currency?

or whatever you guys wanna fill me in on. im all ears. or eyes idk

imo whether he is satoshi or not, this man definitely knows what he is talking about. he gets caught an awful lot stumbling but if he does have Asperger's, that can definitely be exploited.

https://www.youtube.com/channel/UC2qsCjXNXfiQfKYox339lZg

I'm surprised it hasn't decade.

Hi All,

Just a post to stir up some ungodly speculation and fun for the community, no one is really looking at us right now, and there are opportunities RIPE for the taking, we have sundae swap ISPO happening now, and lots of other interesting projects such as Ergo Dex on the horizon. I'm by no means a professional in this space, I'm here to speculate and find some cool projects I can get behind, and thought it might be nice to create a Reddit post as a resource for the community to talk about your favorite ecosystem plays per category?

I'm going to go through cardanocube.io and attempt to pick 1 project per category and then spend the next few days learning why my picks were good or bad and hopefully update this based on your views? Not only will this help me learn but I'm hoping everyone else will too and we can bounce some information around regarding things we have missed or overlooked in projects we like the look of?.

There is a lot I don't know, we have a lot of projects coming in so apologies if you're here early and see a lot of "???" next to projects, I plan to update this as you guys educate me and share your thoughts. As A brief overview I am literally going to every website getting a feel for the project and seeing how much I can understand as a new user, so If I put "??" it's because I didn't find it interesting or didn't understand its use. If you find there is any bias in reading this I apologize, I do not own any of these coins, feel free to call me out and update me in the comments with any errors or false assumptions.

DYOR Starts here -

To Help Improve this -

Please tag your comments with quality info on any projects you follow or are a fan of and why - I'm not here to shill just to try and create a nice resource) :

&nbsp;

(If InfoOnProj = True) {

@PROJECT NAME HERE - 

Comment Details Here

}else (){

readOnly();

}

This is a Joke just comment however you like if you have information share it below just please tag the comment somehow so

• @ERGODEX - Info here

Just to make it easy to follow so I can input your data into the page if its relevant TIA.

(List as of 17-11-21)

DEX - LIQUIDITY

ADAX Generic Dex ??? -

AdaSwap- Generic Dex ???

Ardana- Looks Cool, Stable Coin Ecosystem Danaswap = Dex - Borrow Stable coin "dUSD'' against locked collateral (Ada). (DANA Token is for utility and

For context I'm a Refuse Driver (Garbage man) & today I was on food waste. After I'd tipped I was checking the wagon for any defects when I spotted a lone pea balanced on the lifts.

I said "hey look, an escaPEA"

No one near me but it didn't half make me laugh for a good hour or so!

Edit: I can't believe how much this has blown up. Thank you everyone I've had a blast reading through the replies 😂

Once upon a time, I was an active trader. Averaging $10m 30 day trade volume each month. Made a nice chunk of money doing so (the right way); however, the stress of being so on top of trades affects everything else in life. Long nights, bitchy girlfriend, missing out time with friends... etc...

I've decided now that I've made enough fast money, and it is time to dive deep and find out what I want to put money in for a true long-term hold. Through all of my research, I've come to the conclusion that the answer is AMP. The second imho is GRT, third ICP, but right now I'll explain why AMP is my #1.

Let's break it down...

A smart investor does not look for what is pumping, they look for what is going to be in the top ranks of each individual sector. Think like the stock market. Right now, I see the following sectors in crypto: Store of value, Smartcontracts, Defi, NFTs, Gaming, Socialmedia/community, Data, AI, and many more... but the one that is absolutely most important above all of these, is Payments.

Essentially, the entire purpose of the BTC whitepaper was to get away from Fiat currency, and enable a world that can interact with each other using a digital currency without the need of intermediaries such as banks. BTC was the beginning, but cannot accomplish this vision alone. Right now, I see AMP/Flexa as the answer to the missing puzzle piece, which in my eyes, puts it at #1 in the payments sector.

Now for the deep dive... Here we go.

For those who don't understand how AMP works, go do that research on your own... but to simplify for the noobs, when you think AMP, think Flexa, and vice-versa.

Flexa is basically the orchestrator, while AMP is used to make the magic happen. Got it? Ok let's continue...

Now we introduce one of the big boys, ConsenSys. Ever heard of or used something called MetaMask? You know... the lil fox wallet? MetaMask is one of the most widely adopted crypto wallets used today and was created by ConsenSys (just to put ConsenSys into perspective for you). They have a few other products, but the most widely known/used one is MetaMask. I see ConsenSys as one of the best companies in the crypto space today, and there is always such a promising vibe of things to come with every interview they have. So why is ConsenSys important?... Because ConsenSys and Flexa together developed AMP.

*Now, this is all just the surface... to fully understand why I think AMP will be a top 5 overall crypto, we need to dive deeper.

Women And The Rise of Islam

In the sixth century C.E. Arabia formed, as it were, an island in the Middle East, the last remaining reigion in which patrilineal, patriarchal marriage had not yet been instituted as the sole legitimate form of marriage; although even there it was probably becoming the dominant type of marriage, the evidence suggests that among the types of marriage practiced was matrilineal, uxorloical marriage, found in Arabia, including Mecca, about the time of the birth of Muhammad (circa 579) - the woman remaining with her tribe, where the man could visit or reside with her, and the children belonging to the mother’s tribe - as well as polyandrous and polygamous marriages.

Neither the diversity of marriage practices in pre-Islamic Arabia nor the presence of matrilineal customs, including the association of children with the mother’s tribe, necessarily connotes women having greater power in society or greater access to economic resources. Nor do these practices correlate with an absence of misogyny; indeed, there is clear evidence to the contrary. The practice of infanticide, apparently confined to girls, suggests a belief that females were flawed, expendable. The Quranic verses condemning infanticide capture the shame and negativity that Jahilia Arabs associated with the sex. “When one of them is told of the birth of a female child, his face is overcast with gloom and he is deeply agitated. He seeks to hide himself from the people because of the ominous [bad] news he has had. Shall he preserve it despite the disgrace involved or bury it in the ground?” (Sura 16:58-61). However, the argument made by some Islamists, that Islam’s banning of infanticide established the fact that Islam improved the position of women in all respects, seems both inaccurate and simplistic. In the first place, the situation of women appears to have varied among the different communities of Arabia. Moreover, although Jahilia marriage practices do not necessarily indicate the greater power of women or the absence of misogyny, they do correlate with women enjoying greater sexual autonomy than they were allowed under Islam. They also correlate with women being active participants, even leaders, in a wide range of community activities, including warfare and religion. Their autonomy and participation were curtailed with the establishment of Islam, its institution of patrilineal, patriarchal marriage as the solely legitimate, and the social transformation that ensu

Because she wanted to see the task manager.

Heard they've been doing some shady business.

BamBOO!

They’re on standbi

Cardano has entered the Goguen era in 2021 with it becoming a smart contracts platform. This brings many benefits and the potential is tremendous, but it requires some caution from users. Let’s explain what the platform is and what it means for users.

TLDR:

• A platform is a kind of environment in which a program can be executed. You can use smart contracts on a Cardano platform.
• Smart contract apps are created by third-party developers and their intentions may not always be honest.
• Cardano may be the most secure platform in the world, but that doesn’t mean it will automatically apply to third-party applications.
• The IOG team takes no responsibility for third-party applications. IOG is only responsible for the Cardano platform. Everyone in the world is free to decide how to use it.
• Cardano will have an appStore and certification program. Users will have more confidence that they are using quality and secure apps.
• It doesn’t matter if we know the authors of applications or not, because more important is open and freely accessible source code that anyone can look at and verify its correctness.
• Do we need platforms? Let’s ask a better question. What we want or can improve in our society through decentralization. Then we can ask how to achieve that.
• It does not make sense to own the value via a blockchain network and then, the moment you need to use it in the real world, lose this absolutely crucial advantage and entrust the coins to a third party that enables fast payments or other financial services.
• A rich ecosystem has many advantages. First and foremost is the large network effect. The more options a platform has, the more it will be used.

What is a platform

We guess you already know well what is a platform but maybe you are not aware of it. Let us explain. To put it simply, a platform is a kind of environment in which a program can be executed. If you read this text you have a computer with your favorite operating system. It does not matter whether it is a Samsung cellphone with Android OS or a laptop with Windows OS. You can download an arbitrary application from the Internet and run it. It can be said that you can extend the possibilities of your computer and thus you have access to more functionalities. For example, you can download a movie and use a player to watch it. You can also chat with your friends, or use internet banking. You basically decide about functionalities you want to have on your computer.

Every program, or

Everything is about trust

Trust is absolutely essential for the functioning of the world. Every single interaction between people requires trust. Interaction built on trust alone can sometimes fail, and therefore there are many repair mechanisms to resolve conflicts. Trust can be abused by one party for its own gain. It is in our society’s interest to maintain trust at a high level. Many financial and social interactions today are protected by law, with third parties overseeing compliance. People trust each other because they trust the authorities to resolve any conflict.

Authorities are able to prevent abuses of trust. This mechanism requires people to trust third parties. It is thus essential that authorities maintain their credibility. Loss of trust in authorities could lead to loss of trust among people. Without third parties that represent the trust authority of last resort, people would have to start resolving disputes themselves. This could disrupt the world order. New laws and new guardians of trust would probably arise.

The basic trust between people is not developing much and is still the same. People trust family and friends because they have found through experience that they keep their word. But people have to trust many other people, companies, institutions, and governments. We have to trust our employer to pay our wages, we have to trust an online shop to send us the goods we have paid for, we have to trust a bank not to take our money, we have to trust governments not to raise taxes unnecessarily, we have to trust laws and judges to protect our rights and property. Trust is a very complex subject today and there are many places where trust can be broken or may not work effectively.

Third-party trust issues are linked to abuse of power in many possible ways and low transparency, both in the performance of the service and in the case of audits. In addition, problems may relate to excessive complexity and therefore inefficiency. This can result in an inability to adapt to new conditions and a rapidly changing world. Time is money. Time is becoming a very expensive commodity and for wealthy people, time is often more valuable than money. If trust is broken, costs and time increase when people interact with each other, whatever the goal of the interaction. Conversely, time and costs decrease when trust is present. It is therefore important that the level of trust is as high as possible.

Blockchain technology brings innovation at the trust

What is disruptive technology?

Disruptive technology is an innovation that significantly changes the way consumers, industries or businesses operate. Disruptive technology replaces or fundamentally changes the old systems or people’s habits because using the new technology has recognizably better features. Adoption is quite natural, as there are advantages in terms of cost, user-friendliness, performance, or simply convenience.

Examples of disruptive technologies are television, the automobile, and the Internet. The Internet has managed to disrupt literally almost every industry in its years of existence. Many global companies have emerged with significant societal impact. Amazon has been disruptive with respect to the business model of traditional bookstores. Google has been disruptive with respect to searching for and verifying information. In fact, disruption happens almost constantly and the blockchain industry can be seen as a logical extension of the success of the Internet.

It is important to remember that no disruptive technology comes into the world with a better solution right from the start. Disruptive innovation creates an entirely new market or model that is initially judged to be inferior based on performance indicators valued by mainstream customers and users. Most people are satisfied with existing services, but new entrants can quickly capture a large market share by serving needs that did not previously exist.

To ensure that the adoption of disruptive technology will continue, it is important to keep working on improvements, efficiency, and performance. New disruptive services must align with what people in mainstream markets already value. In other words, it is necessary to outperform existing solutions on the market. It is even said that innovation needs to be up to 10 times better than existing solutions to be massively successful. The innovation may be the best, but if it does not meet the expectations of a large number of users, there will be no mass adoption and only a small group of enthusiasts or fans will use the technology. Notice that if there is no mass adoption, we cannot talk about disruption, because there will be no fundamental changes in society.

Let’s explain with an example. The first automobiles did not disrupt the market of horse-drawn vehicles in the late 19th century. Most people were very skeptical at the beginning and continued to make extensive use of horses. The first cars were expensive, unreliable, less

This is going to be somewhat lengthy so buckle up. There is a big jar of 🪙crypto at the end of the 🌈 rainbow ;)

Recently a group of important voices have come out against Web3. These aren’t the usual technology adverse critics but rather voices that are in general pro technological innovation; People like Jack Dorsey and Tim O’Reilly but also others like Levi from Box.com and large parts of the entire gaming community also seems to have an issue with the fundamental morality of the Web3 project.

This should be taken seriously but instead of getting into a tit-for-tat with their claims I would like to zoom out a little bit more and try to explain why Web3 is not just a great technical innovation, it’s also morally superior to any societal solution we currently have, rendering the objections by critics moot.

Let's start with the obvious question: Why do we need a moral case for blockchain?

The answer is actually quite simple.

Any claimed solution to a problem, potentially affecting humans at large scale, need to to deliver on at least 4 axises.

• Non-coercive
• Fundamental
• Transparent
• Better problems

And, it needs to actually improve at orders of magnitude higher.

Non-coercive

A moral solution doesn't need to be forced, it will prove itself by improving the circumstances for those embracing it. Only through volunteer adoption can a solution said to be moral.

Non-exclusive

People who adopt the solution later aren't in principle excluded from participating in the upside early adopters enjoyed. Early adopters aren't in shielded from the downside of those adopting late.

Transparent

A morally superior system is not afraid of its own logic or the axioms it's built upon. In fact the superiority hinges on the accessibility of the rules and the reasoning governing the system.

Better problems

There is no such thing as a perfect solution.

All solutions come with their own unique problems.

The crucial difference is whether those problems are better problems to have than those it replaced.

Ok but what problems does Web3/Crypto actually solve?

At its core crypto solves the problem of trust.

This might sound underwhelming but once you start thinking about how many things in society are based on trust you quickly realize how important solutions to this problem are.

Trust in your friends, trust in your colleagues, trust in local government, federal, police, legal system, neighborhood, financial system, economic policies, the

LINK HERE

https://preview.redd.it/v8xa2aybpg681.png?width=1200&format=png&auto=webp&s=885e18f9cdcfecde60a9aeeb13c054b2e4685ad8

Smart Contracts

As cryptocurrency becomes more prevalent every day, there is a growing importance for people to become educated and understand what is going on in the space. One of the most important concepts in cryptocurrency, and a driving force behind creating the utility crypto has today, is smart contracts. Smart contract code controls most of what goes on behind the scenes to make decentralized ecosystems work. However, even though smart contracts are vital to how cryptocurrencies work, they remain unknown to many investing and participating in the space.

This article is an introduction to smart contracts and how smart contracts work. Education is vital and an understanding of smart contracts will help everyone do their own research on the smart contracts that will become a bigger part of their life, whether they are invested in cryptocurrency or not.

What is a smart contract?

A smart contract is code, operating on the blockchain, that runs when certain conditions are met. Smart contracts enable two parties to enter into an agreement without a third party intermediary. The contracts automate transactions and secure them using blockchain technologies. There is added security, increased efficiency, and lower costs because transactions are able to happen peer-to-peer.

Security comes from the fact that all parties are able to inspect the smart contract code on the blockchain and understand what the code will do when they interact with it. Transactions cannot be altered after they take place, the transaction will always be reviewable. Since the code will run as written, consider checking if the smart contract has been audited by a trusted third party source.

Increased efficiency happens because smart contracts run automatically without a third party intermediary. There is no waiting for normal business hours, the transaction happens when the conditions are met.

Lower costs are a result of fewer steps in the process. There is no outside party that needs to be compensated for time or effort. The smart contract just runs how it was programmed to run.

The term “smart contract” was first introduced by Nick Szabo, a computer scientist and legal scholar, in 1994. He compared them to vending machines, where you insert money and

Many of us have heard about the potential GME partnership with the cryptocurrency Loopring, but do not have any idea about why this could be a game changer for both GME and Loopring.

I have tried my best to provide a clearer breakdown to help anyone trying to understand why many of us are very excited by the news that GME maybe have partnered with Loopring.

What is Loopring?

Loopring is an Ethereum Layer-2 scaling protocol that enables the building of decentralized exchanges, which rival centralized exchanges in terms of performance. It allows users to trade without the need for a custodian or intermediary. A decentralised exchange allows users to trade their assets (normally cryptocurrency) without having the need to fill out KYC regulation forms.

Loopring has a cryptocurrency token which goes by the symbol LRC. Loopring has currently an exchange built (https://app.loopring.info), an smart wallet to hold your cryptocurrencies in, and aims to become the leading user-facing financial services application in the world.

What’s Ethereum?

Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. Its token is goes by the symbol ETH. Ethereum allows you to move money, or make agreements without directly having to go to someone else (No need for banks or payment providers). The middleman is taken out of the picture. It is decentralised – meaning it makes it nearly impossible to stop you from receiving or using services on Ethereum. All transactions are stored on an electronic ledger, allowing you to keep track of all your transactions. It is also the main network for NFT’s, which are taking the world by storm (see below for more information on NFT’s.)

Ether (ETH) is the main token of the Ethereum blockchain and acts as the primary “fuel” that powers all activity on it. Ethereum uses “Gas” for transactions. ‘Gas’ refers to an amount of ether that’s needed to perform a certain function on the network.

Ethereum is the second biggest cryptocurrency, just behind Bitcoin. It is known as the financial cryptocurrency of the world. It is expected to overtake Bitcoin (also known as the ‘flippening’) and should become the number one cryptocurrency used worldwide.

Companies Who Are Bullish on Ethereum: **Google, Tesla, Square, PayPal, ARK, Mastercard, MetLife, Cisco, BP, Accenture, Microsoft, IBM, JPMorgan Chase, Deloitte, Barclays, UBS, Cr

It really does, I swear!