Helping others Investing in crypto really is like gambling. Crypto technology allows uncensored and fast payments to be sent across the world, something previously unheard of. That’s only the tip of the iceberg. Despite all the cool capabilities of this technology, people spend their time arguing like children on Twitter about why Bitcoin’s price changed three percent, or blindly following some influencer and trusting their life savings into whatever garbage project they promote. The best way to teach people about crypto is to make it fun, fast, and yet still informative. Coinbase does a great job of this. They have a series of videos you can watch on different tokens,…
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Avalanche: The Ethereum Alternative
Cheaper and faster transactions make this programmable network very appealing
Why Avalanche? Avalanche is one of the fastest growing networks in crypto. The network, which is powered by the AVAX coin, is more scalable and efficient than Ethereum. Avalanche is a type of network that is referred to as an “Ethereum Killer”. Ethereum is the second largest network in crypto, with a market cap of over $300 billion, second only to Bitcoin. Ethereum is a layer 1 blockchain, meaning other projects can be built on top of it. People have built games, DeFi swaps, and even other blockchains by using the Ethereum network. Ethereum has been around since 2015, so with seven years in the crypto space, the network has…
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Cryptocurrency and Gaming, A Common Ground?
How gaming can bring the Average Consumer Into Cryptocurrency
Press play to hear a narrated version of this story, presented by AudioHopper. Why gaming? Imagine someone who plays a video game for two hours everyday, spending hundreds on in-game content. Eventually, they stop playing for one reason or another, but still have everything that they bought. With crypto technology, they could sell their in-game items, receive crypto for it, and use it to pay their bills. Play-to-earn games are becoming increasingly popular in the crypto industry. The most popular example is Vietnamese game Axie Infinity (AXS). The game is somewhat similar to Pokémon, you collect “Axies” and battle other players for rewards. AXS is an Ethereum based token that…
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Privacy in Crypto
What makes projects like Monero and Zcash different from other networks?
The controversy around these tokens Not everyone loves the idea of totally private transactions. Private crypto networks can be tools for criminals, money launderers, or darknet users to transfer funds anonymously. This Slate article from November about Monero is titled “The Bitcoin Competitor Beloved by the Alt-Right and Criminals”. Using networks like Monero is giving these types of groups complete anonymity. Naturally, governments are going to be mad at people making large anonymous transactions, it allows them to avoid taxes and commit crimes. In September of 2020, the IRS offered up to $625k for anyone who was able to crack the Monero network. The issue is, even if they find…
