understandingadoption
understandingadoption

understandingadoption

A random string of articles with high quality content and news with viewpoints on digital assets from a wide range of voices and perspectives. Follow me on twitter @cryptopotestas.


OpSec 102

25 Apr 2023 4 minute read 0 comments vanassen.eth

  A big rule to remember in Operational Security is that shared secrets are not secrets.   In order to successfully pass on decentralized wealth, a living will must be created. A designed system with a sufficient backup plan is key, as accidents do h...

OmAkaSeA DeFi Lesson 4- Riffs on Risk, Regulation, and the Global Financial System VIP>

17 Mar 2023 3 minute read 0 comments vanassen.eth

   How many times have you received a pop up while trying to access a d’app that looks something like this?        This lesson is relevant; just last month NFT market place blur.io had a legendary airdrop, in which every single user who interacted wi...

IBC vs. EVM. pt. 1

20 Feb 2023 4 minute read 3 comments vanassen.eth

   IBC and EVM are both technologies that are used in the context of blockchain and cryptocurrency, but they serve different purposes-   IBC (Inter-Blockchain Communication) is a protocol that allows different blockchains to communicate with each oth...

Omakasea Defi Lesson 4- Secret Network

20 Feb 2023 2 minute read 0 comments vanassen.eth

 The Secret Network, built on IBC with Cosmos, with their private ecosystem of d’apps and privacy tools, set themselves apart from the herd of blockchains by offering a level of privacy for developers and users to take advantage of to protect their a...

Different Consensus Methods

8 Feb 2023 2 minute read 1 comment vanassen.eth

 The following are four different consensus methods used to validate transactions on various blockchains.  proof of work- (PoW) Bitcoin (formerly ETH)  proof of stake-( PoS) Ethereum, most other EVM, IBC, and other chains.  proof of authority-(PoA) -...

What is BUSD? Binance US Dollar.

31 Jan 2023 1 minute read 1 comment vanassen.eth

       Binance USD (BUSD) is a stablecoin pegged 1:1 to the US dollar. It was created to provide a reliable and stable digital currency that can be easily used in various applications and as a store of value. BUSD is issued by Paxos Trust Company and...

Binance-What is Binance Smart Chain?

27 Jan 2023 3 minute read 0 comments vanassen.eth

    We all know Binance CEX and their prolific CEO C.Z.- But what do you know about Binance Smart Chain?      Binance Smart Chain (BSC) is a blockchain network that is built on top of the Ethereum Virtual Machine (EVM) and is fully compatible with Et...

Omakasea DeFi Lesson 3- Pancake Swap

20 Jan 2023 2 minute read 0 comments vanassen.eth

   Pancake Swap was the first DEX I used; although I don’t mess with it much anymore ( vacated BSC after my TrustWallet was drained), I was pleasantly surprised to that the DEX now supports the Ethereum Chain!    Pancake Swap has had it’s days of lea...

Your favorite POO Coin…DOGE!!!

19 Jan 2023 4 minute read 0 comments vanassen.eth

       Dogecoin is a cryptocurrency that was created as a parody of Bitcoin in 2013. It was named after the popular "Doge" meme, which features a Shiba Inu dog. Dogecoin uses the same technology as Bitcoin, called blockchain, which is a decentralized...

Omakasea Defi Lesson 3- BlockExplorers

17 Jan 2023 2 minute read 1 comment vanassen.eth

      Etherscan.io    Etherscan is the lead blockexplorer or block scanner for the Ethereum chain.   Essentially; etherscan reports, live, all the transactions that have happened and are happening on the Ethereum chain.    We briefly explored signing...