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Crypto and NFT

41 STASHED IDEAS

Maiar (usually called the future of money) is a digital wallet and global payments app that allows you to exchange and securely store money on your mobile phone. 

It is using the Elrond blockchain's internet-scale performance, scaling beyond 100,000 transactions per second, to reimagine how people interact with money, assets, titles of ownership or any value transfer for that matter.

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Elrond (EGLD)

The Solana Foundation has announced that a total of 489 million SOL tokens will be released in circulation. 

At the moment(June 16, 2021), about 270 million of these have already entered the market.

Scalable Blockchain Infrastructure: Billions of transactions & counting

solana.com

Bitcoin got hydro power

Bitcoin can make use of hydropower which is not accessible to most. This is one of the reasons why some locations in china are heartlands of mining where production of such energy outpaces demand.

Another source of energy is natural gas which is a byproduct of oil extraction. It pollutes the environment but miners are leveraging this to mine. A minor player but some suggest natural gas from the US and Canada alone can run an entire bitcoin network.

How Much Energy Does Bitcoin Actually Consume?

hbr.org

Buying NFTs

NFTs are designed to give you something that can’t be copied: ownership (though a creator can still retain copyright).

Much like how physical art collecting is seen as a value-holding investment, now so are NFTs. However, instead of receiving an oil painting on canvas 🖼️ to hang on your wall, you get a JPG/MP3/GIF/etc file 🤷🏾‍♀️.

People are spending millions on NFTs. What? Why?

theverge.com

How do I buy cryptocurrency?

While some cryptocurrencies, including Bitcoin, are available for purchase with U.S. dollars, others require that you pay with bitcoins or another cryptocurrency.

To buy cryptocurrencies, you’ll need a “wallet,” an online app that can hold your currency. Generally, you create an account on an exchange, and then you can transfer real money to buy cryptocurrencies such as Bitcoin or Ethereum.

What Is Cryptocurrency? Beginners Guide to Digital Cash - NerdWallet

nerdwallet.com

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