First things first, I must point out that cryptocurrency mining is a huge topic and to understand it fully would take a much longer article than this one. The same could be true for crypto in the not too distant future.Hello and welcome to this guide of the best coin to mine. Let’s say the automobile industry, Ford and Mercedes can both coexist in the same market they just appeal to different types of customers. Thanks to Cosmos’ competitors, different blockchains, can now coexist. This is not the best, because it blocks the industry from lobbying the government for more pro-crypto laws as an example. Because once you think about it each cryptocurrency operated more or less as an island until now. So in other words works as a sort of bridge between different blockchains. And doing so will turn the friction we see today between competing cryptocurrencies into a force for good. It is best described with the term “Internet of Blockchains”, so similarly to the internet we all know and love it has the goal to allow the communication and exchange of data and information, seamlessly between different blockchains. And has a huge opportunity to help these millions who couldn’t even dream about financial freedom, to finally reach it.Ĭosmos is a project you really should be paying attention to. Where banks often don’t function properly. This will be huge especially in underdeveloped parts of the world. We’re already seeing massive utility on the protocol, almost 8 billion dollars have as of now gone through it. And not only that, but it is also a fact that it’s among the most secure protocols out there. So it has been audited and secured so that users cannot be taken advantage of. The protocol on which it runs called the Made protocol is completely open-source. This is what crypto should be about, empowering us, the people, to be autonomous and independent. So there’s no more need to trust an institution or person to manage your funds. Running on the Ethereum blockchain, Aave is a system of smart contracts that enables these assets to be managed by a distributed network of computers running as its software. Enjoy.Īave is a decentralized lending system that allows users to lend, borrow and earn interest all without a middle man. Here is a collection of the ones I find more promising and I believe could boom in value this year, just like we saw with Bitcoin. This means you can stay in the safe Coinbase environment and still have a chance to buy into new projects with high upside. And in order to invest in them, you need to get off the official highways (like Coinbase or Kraken) and start exploring unknown, serpentine roads of small and shady exchanges that are filled with diverse risks: from scammers to poor security standards.įortunately, Coinbase appetite for new coins seems to be growing, and they are much quicker to add new tokens on their platform nowadays. Hidden gems are still not known by the general public. It’s going mainstream.įortunately, for people seeking adventure and a great opportunity, not without risk, of course, there’s a big, wide cryptocurrency world to explore. Then surely your mother, the neighbor, and even the milkman know, in other words, everybody does. If Majda, a 77-year-old, honest, working-class woman, from a small Slovenian village in which she still lives, knows about Bitcoin. The event, as pleasant as it was, made something else clear. And you know what? She should, you’re never too old. Money that isn’t physical? Created by normal people and not by greedy bankers? Her shiny eyes made it clear, she now has a burning desire to jump right in. And what an impact it made, she was wowed. She enthusiastically and happily told me how she saw a documentary about Bitcoin last night. Last week, my 77-year-old, great aunt Majda, the sweetest lady I know, came up to me.
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