Crypto U Education

Crypto U Education

Cypto U is a series of blogs providing educational content for crypto enthusiasts. Content and lessons have been taken from The Art of the Bubble and 1.2 Labs.

Stablecoins: What You Need to Know (Part 1)

23 Feb 2023 13 minute read 0 comments Todd Mei PhD

Recent and persistent criticisms by govenments about the actual stability of cryptocurrency stablecoins provides a good dose of caution; but it can also be misleading. Some stablecoins are designed better than others. Key questions revolve ar...

What Is a Crypto Maxi?

15 Feb 2023 4 minute read 0 comments Todd Mei PhD

Image from Pixabay altered by Author A “Crypto Maxi” is someone who believes in the long-term value of cryptocurrencies, not just Bitcoin. If you search the term “maxi” in the context of cryptocurrency, you tend to get links to people who beli...

Liquidity Pools and How They Work

20 Jan 2023 8 minute read 1 comment Todd Mei PhD

Taking “the leap of faith” with cryptocurrencies has less to do with just jumping in and buying a few coins. It has more to do with buying into the ideology it generally represents. Once you do that, then you very quickly begin to see that just jump...

Understanding the Basics of NFTs (including its acronym!)

20 Jan 2023 10 minute read 0 comments Todd Mei PhD

This article is intended for those who have a vague familiarity with NFTs and in fact find the term altogether off-putting. It's long, but it should provide just about everything you need for the sake of clarity. ***** One of the things that really...

Nevermind the Morlocks! How Ethereum Power Works Off-Grid

19 Jan 2023 7 minute read 1 comment Todd Mei PhD

The Morlocks from The Time Machine (image from BD) Even with Ethereum’s move to Proof-of-staking via the recent Merge, its processing speed will not signficantly improve until other milestones can be achieved. Users are already looking forward to th...

Proof-of-Work and Proof-of-Stake: Their Pros and Cons

18 Jan 2023 5 minute read 0 comments Todd Mei PhD

The proof is in the pudding . . . Because blockchains are decentralized and lack a single gatekeeper or authority who can oversee its operations, security is a significant concern. In a decentralized system one or more parties might gain control of...

What a Ponzi Scheme Is and How It Relates to Cryptos

17 Jan 2023 7 minute read 0 comments Todd Mei PhD

A moment of edification that I will never forget when reading The Lord of the Rings occured when the elf character Elrond said, “For nothing is evil in the beginning.” While philosophically and theologically provocative, this quote helps to contex...

What Is a Pyramid Scheme?

17 Jan 2023 3 minute read 0 comments Todd Mei PhD

Whenever fraudulent crypto projects make off with a lot of money, people tend to throw around the term "Ponzi scheme" a lot. While I explain exactly what a Ponzi scheme is in a related post, it's worth mentioning here that often such fraudulent scam...

The Problem of ENS Squatting: What It Is and Its Remedy

17 Jan 2023 7 minute read 1 comment Todd Mei PhD

Original Photo by Photo by David Clode on Unsplash; Text alteration by Author Ever try to create your own website and decide to personalize your domain name only to find someone else has bought it? (Damn you, the “other” Todd Mei!). Of course,...

Why Ethereum Is the Future of Crypto

13 Jan 2023 2 minute read 2 comments Todd Mei PhD

This article is not a put down of Bitcoin or other cryptocurrencies. Rather, it's trying to get at a core feature of cryptocurrency that I think will dominate future developments given regulatory sanctions on bad financial behaviors. In other words,...