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.


How to create a MetaMask Wallet (Desktop/Mobile)

7 Jan 2023 1 minute read 0 comments vanassen.eth

   This quick and easy task will be essential to onboarding in 2023:   For desktop browser extension: Go to the MetaMask website (https://metamask.io/) and click "Get Chrome Extension" to install the MetaMask plugin for Chrome. ( Can be added to Bra...

Omakasea NFT, Blockchain, and Ethereum Workshop Part 1

5 Jan 2023 4 minute read 0 comments vanassen.eth

Rules and Basics to think beyond them.   Special thanks to Teara for the original workshop.   As we know, a blockchain is a chain of blocks that contain information, originally termed in 1991 by researchers who researchers who were seeking to create...

DeFi Lesson 3- 10 Crypto Commandments

25 Dec 2022 2 minute read 0 comments vanassen.eth

  Some professional tips from nothing but professionals.  1. Take Profits- I heard some shmuck talking about his Dogecoin adventure of 2021. He knew that he should have taken profits at around .50-.60 cents, but his exact words were “ I didn’t want t...

Yield Farming 102

21 Dec 2022 3 minute read 3 comments vanassen.eth

     Firstly determine what kind of trader you are-    Diamond Hands- Long term holder despite conditions   Fast Fingers- Babysits risky moves (not for the inexperienced!)   Paper Hands- Panic buying and selling.      Ground Rules for Yield Farming  ...

Lesson 2- Private Fund Transfer & Safe Keeping

18 Dec 2022 4 minute read 1 comment vanassen.eth

      Fund Transfers, Wallet Hygiene, Air gapped Devices, Trading Devices.   Many cryptocurrency investors forget to step up their Operational Security as their bags get bigger. The final section of Lesson 2 is basically high level large volume op se...

Defi Leson 2- Basic Defi strategies explained.

14 Dec 2022 1 minute read 2 comments vanassen.eth

       Basic Strategies to be explained:      Holding- Keeping tokens in a wallet, hoping the price goes up. Not making tokens productive.      Staking- Provide single tokens to a protocol to earn rewards. Single token staking allows the staker to pa...

DeFi Lesson 2- How to stake stable coins on Aave [Ethereum mainnet and Polygon].

13 Dec 2022 1 minute read 4 comments vanassen.eth

      GHOST.  Earning yield on stable coins is one of the quintessential components of decentralized finance.   Launch app.  Connect wallet.  First, choose the network you would like to access.   This will bring you to the asset page, which shows th...

DeFi Lesson 2- NFTS, PTE (Play to Earn) and the Metaverse.

12 Dec 2022 3 minute read 1 comment vanassen.eth

        Although the crypto market has lost almost 2 trillion in liquidity in the past year, the popularity and shear number of users/ community members in gaming and NFTS has only grown in the past year. This shows that it's not so much the traditio...

Lesson 2- The Magic of Automated Market Makers (AMM)

9 Dec 2022 2 minute read 2 comments vanassen.eth

    What is an AMM, why does it matter, and how do you use one?   In this blog, we will learn about:   AMMs- the secret weapon of DeFi.    How AMMs facilitate a decentralized flow of money   Using AMMs  Consider the stock market, one of the oldest ma...

Level 1- What are gas fees?

25 Nov 2022 1 minute read 1 comment vanassen.eth

   What is gas???  From the users perspective, think of gas on a blockchain likened to gas in a car. Without paying for gas, this machine cannot be operated!   In a decentralized, proof of blockchain, every transaction is validated by the network of...