Understanding Blockchain Technology Made Easy
The creation of blockchain technology grabs the curiosity of many, and soon many more people will understand the technology. In addition, Blockchain Technology is useful for other things like medical records, creating digital documents, and maintaining corporate finances. What is Blockchain Technology? Scientifically speaking, a blockchain is a collection of blocks connecting data in a […]
10 things I’ve learned designing for decentralized finance (DeFi)
I’ve worked in crypto, on and off, since 2017. Here are a few things I’ve learned along the way. Image from Finematics: https://www.youtube.com/watch?v=qFBYB4W2tqU 1. Progress is non-linear and non-uniform To an outsider, “crypto” is a single monolithic entity. The word suggests an alternative digital currency. Which, to be fair, is true. It’s just that it’s […]
How to Make an NFT: A Simple Step by Step Guide
Forward-looking brands are now using NFTs as part of their marketing strategies and the results are impressive. Charmin, the American toilet paper brand, posted several toilet paper NFTs on Rarible, an NFT marketplace. The highest bidder offered more than $2000 for one of the arts in the same month. Taco Bell, the fast-food chain, also […]
‘One currency change every generation,’ how monetary skepticism spearheaded cryptocurrency adoption in Czechia
Czechia, a country of 10.7 million people in Central Europe, is known for its beautiful capital (Prague), rich history and good beer. Within the last decade, however, one can now add cryptocurrency adoption to that list. In fact, the Trezor wallet, the first cryptocurrency hardware wallet in the world, was invented here in 2014 and […]
I was wrong, we need crypto
To say I’ve been skeptical about Bitcoin and the rest of the crypto universe would be an understatement of epic proportions. Since the early 2010s, some of my most ferocious Twitter battles have been against the HODL army with the laser eyes.There’s just so much to oppose: Bitcoin’s grotesque energy consumption, the ridiculous transaction fees, […]
Fidelity: Bitcoin is a ‘superior form of money’
Fidelity argued Bitcoin should be considered separately from the rest of the digital asset market as no other altcoin comes close to its properties Fidelity, the multinational brokerage giant, released a paper on Bitcoin (BTC) titled Bitcoin First. The financial services provider calls for BTC to be treated separately from the rest of the digital […]
$1B worth of ETH burned in the past 30 days due to record high OpenSea NFT transactions
Despite the large burn value, the network is still inflationary until its PoS transition scheduled for Q2 or Q3. According to blockchain data from Nansen Analytics on Tuesday, over $1.096 billion worth of Ethereum (ETH) has been burned in the past month. With the introduction of the EIP-1559 last August, a portion of fees is […]