This referes to the income received for performing a service. Some examples of active income are: wages, tips, salaries, commissions, and income from businesses that hae material participation.

Active Income

<ol><li>Active Income - the most common example of an active income comes in the form of paychecks from your employer&nbsp;</li><li>Passive Income - this type of income is received even without active participation in the business</li><li>Portofilio Income - comes in forms of investment divdends and capital gains.</li></ol>

Types of Income

Active income refers to income received from performing a service. Wages, tips, salaries, and commissions are all examples of active income.

Stashed ideas

What Is Active Income?

If you think quitting your job to travel the world is all goodness, this post might have you thinking twice. If you travel in an unplanned fashion, not thinking much more than a few days or weeks ahead, you have a greater chance to enjoy all kind of Serendipitous experiences. Like me, you might even rediscover your fitness (I lost 40 pounds in 18 months of travel without Dieting or “working out ”).

Let’s set the record straight

It took me 8 months to completely Disconnect and "Unwind" from 14 years of intense work. I left behind a ton of money in stock when I quit (enough to pay cash for a luxury home anywhere in the country) I was finally at peace with my decision and able to actually enjoy my experience of unplanned travel. Don’t be rigid with your expectations for what you will do when you are done. Think and Journal regularly, and allow the right "next step".

You will freak out

In today’s world, the traveller is an Oddball. Most of the time you will need to make new friends or just enjoy doing things yourself. Use your independent adventures as a chance to Recharge, learn and enjoy a break from your normal routine. Enjoy the peace and quiet, and use your adventures as a chance to Recharge.

Everyone else will be busy

Unless you decide to plant yourself for 3–6 months in specific places, the chances of making lifelong friends is unlikely. I consider myself a very content person and am perfectly happy just being with myself. But at some point, you will crave connection to friends. Someone to share your adventures with. Someone to join you on trips and expeditions. Someone else to talk to aside from your partner or dogs!

Good friends will be hard to find

Do you consider relaxing on a beach without any work for weeks on end a dream lifestyle? it is. But the tiny things extended travel require also wear on you over time. Instead of traveling every few days, spend weeks (or months) at a time in each location to get to know the locals and Immerse yourself in the regional culture. If you are traveling for a long period of time, plan your day to ensure you have a chance to charge your electronics.

Travel will become a job

“Live, travel, adventure, bless, and don’t be sorry.”

Imagine walking into your office, meeting with your boss and telling him that you have had a good ride, but it’s time to go. You are leaving a perfectly good job on your own terms, as I did a few…

Don’t quit your job to travel the world

Ethereum is the platform upon which Dapps are developed. The inception of Dapps (and in turn Erc20 tokens) has birthed a new economy. But with its First-Mover advantage comes a few serious challenges. With a 465% increase in average transaction price between November 28 and December 12, this specific stretch of time was a definitive moment for the world of Blockchain.

The evolution of blockchain & blockchain 2.0

Ethereum ’ s main deficiency is its protocol. Ether is mined using proof of work (POW) — the same protocol used by Bitcoin. With Pos, computers compete to solve mathematical formulas and win the right to confirm transactions into the Blockchain. The two major drawbacks to the POW protocol is the danger of a 51% attack and the massive energy consumption required for network security. If you own 5% of tokens, you can also expect to receive 5%

1. Will Ethereum work?

The Raiden network is an open source project that aims to serve as an Off-Chain network that facilitates transfers of Ethereum ERC 20 tokens. It Utilises state channel technology, enabling Off-Chain transfers of On-Chain tokens. The transfer itself is immune to double spending, making it as safe as an On-Chain transaction. The more users there are in the network, the higher the throughput will be. As of today, they are still in development with a working preview soon to be released.

The Raiden Network

The aim for Ethereum is to scale to thousands of transactions per second in the near future, On-Chain, without master nodes or any other conditions that would hinder its Decentralisation. Sharding is essentially creating a new “world” and many more, without it affecting the Main-Chain. Instead of each Node Verifying all of the data, data t is broken into 3 shards: T1, T2, T3. Instead of individually authorising the entire data t, nodes a, B.

Sharding

Plasma pairs smart contracts on the main Blockchain by using fraud Proofs. This technique gives full nodes the ability to De-Validate a faulty chain. This protects the integrity of the main chain. Much like the Raiden network, plasma is a second layer built on top of Ethereum’s core. Vitalik believes this, along with the many other upcoming changes, should revitalise the Ethereum network and boost its longevity.

Plasma

New Blockchain projects such as Eos or Cardano are busy developing answers and solutions to Ethereum’s current issues. All Blockchain systems and protocols are hard at work to build a foundation that enables real world use and adoption. Scalability, Interoperability, Andoverall usability are the three key components of a Blockchain’s Adoptability.

2. What are 3rd Generation Platforms? What do they offer that Ethereum doesn’t at the moment?

Scalability is a Blockchain’s ability to accommodate as many users as possible on the chain while still retaining low transaction fees and fast consensus. Ethereum and Bitcoin’s Scalability issues stem from their Now-Inefficient consensus protocols. This inefficiency Percolates down to a few major drawbacks. One of those is the Longerblock time. Block time determines how fast and how many transactions can be processed in a set time. 1mb (2000 transactions)

Scalability

Interoperability is a protocol’s capacity to interact and cooperate with different Blockchains. It will be the main factor that will help bring Blockchain Tech into the real world. The essence of Interoperability is to eliminate the need for Centralised intermediaries, improve capacities of performance and Scalability, and to connect between private and public chains. The integration of Blockchain technology through Erp and Crm software will most likely be through a number of different Blockchains and not just one. today,

Interoperability

Many projects are Transitioning from simple Smart-Contract Interoperability, to seamless sharing of information across Blockchains. The Blockchain projects with Interoperability at their core will survive the test of time and adaptability, says Robert McDonald.

What does this all mean?

New platforms make developer’s lives easier with functional programming languages, smart contract audits, and Easy-To-Deploy, Customisable Blockchains. The end goal in my opinion is for the end user to not even know they’re using a Blockchain. Blockchain that is easy for developers and user friendly will be Adoptable. If you think you are lazy, those Techies you call developers will crush the stigma you’ve made for yourself. If you think you are lazy,

Usability

There are many more projects that all approach the challenges that Blockchains are facing from different angles. Matrixchain uses ai in some unique ways that ultimately, simplify the user experience. Matrixchain uses a hybrid POW and delegated Pos protocol. Matrixchain integrates ai in some unique ways that ultimately, simplify the user experience. Matrixchain uses a hybrid POW and delegated Pos protocol.

MVPs

Supply chain integration allows for rapid and improved Commerce. But there are serious hurdles for Blockchains (let alone a single one) to overcome. Do you think that China and Switzerland will have the same standards for a Blockchain that they both support and approve? do you think that China and Switzerland will have the same standards for a Blockchain that they both support and approve? do you think that China and Switzerland will have the same standards for a Blockchain that they both support and approve?

3. Could a specific blockchain achieve GLOBAL integration?

Bitcoin was the first. It was exciting. Revolutionary. It was Steve Jobs in his basement, Neil Armstrong walking on the moon, the caveman harnessing fire. It was the first digitally scarce asset. It solved issues that had plagued developers for years. It is the foundation of this entirely new class of assets. However, just like most new, revolutionary developments, its tech is limited and focused solely on transactions. It’s like trying to develop a modern day application on Windows ’98. Not going to happen.

The Start Of A Revolution

This piece reviews the history of blockchain up to today, and offers an educated opinion on blockchain’s future supported by deep, objective analysis. We analyze projects such as EOS, Zilliqa and NEO.

Blockchain Platforms: One Chain To Rule Them All?

I don’t ask you to believe anything because belief is the death of intelligence. All you need to do is look, listen with an open mind, learn and then decide for yourself. Every single one of these people, four guys and one gal, stressed the need to transcend your limiting belief systems and believe it can be done before you do anything else.

Drop All Beliefs

If you’re looking for a signals group so you can buy like a robot, you’ve already failed. Give a man a fish and he eats for a day. Then he promptly starves to death waiting for the next free fish. Teach a man to fish and he eats for a lifetime. You have to lose money, make money, lose it again.

Teach a Man to Fish

The Parabolic swing trade is when a small, virtually unknown stock or Cryptocoin takes off on a wild ride to glory. A coin that was trading at $1 a few years ago might now be trading at $100S or $1000S of dollars. Every trader who has ever cashed in big on the markets was a gun slinging speculator. Speculators make the market boom, so that it reaches an equilibrium and serves the masses later.

Crushing the Parabolic Swing Trade

The greatest trader of all time, Ed Seykota, is a man who’s returned 40% to 60% every year since the 1980’s with his own system. But when people go to hear him talk, they think he’s kind of an idiot. That’s because Buddha like gurus speak very directly and simply. You only know the trend is up when it is consistently moving up. Two points on a graph are not a trend.

The Charts You’ve Been Waiting For

You also realize that what you thought was too simple to be the truth is actually all there is to it.The truth is that which cannot be simpler.The people who achieved great success in life mastered a few fundamental and universal truths better than anyone else.

Simplicity

<ul><li>Understanding the truth will set you free.</li><li>Your beliefs are a prison system you’ve created for yourself.</li><li>The door is not locked. It never was and you can escape your limiting ideas about reality any time you want to open that door.</li><li>So do it. Open that door.</li><li>Observe. Don’t imagine. See the chart as it actually is and then you can begin to make good decisions.</li></ul>

The Truth

How about working from home in your underwear? Do you hate corporate meetings worse than the plague? Would you rather be traveling the world, having adventures and sleeping on a beach in Thailand…

How to Crush the Crypto Market, Quit Your Job, Move to Paradise and Do Whatever You Want the Rest…

The key to making more money starts with a higher level understanding of wealth, and the two different ways we define income.<h2>Active Income: This is your full-time salaried or part-time hourly job. It also umbrellas side hustles like freelance work, Uber driving, Fiverr gigs, etc. It is the process of trading your time for money.</h2><h2></h2><h2>Passive Income: These are earnings that may not require as much hands-on work, including investing, real estate, e-commerce, royalties, etc. This allows you to have some financial flexibility outside of your 9–5.</h2>

Defining Income

Understand how to build up multiple revenue streams combining both active and passive income.A lot of people settle on their career salary, or sit on it for a decade before making a move. If your ambition is to be average, then that mindset is fine. But to be in the top tier of wealth, you need to start figuring out different ways to make money simultaneously.

The Secret To Financial Success

“If we command our wealth, we shall be free; if our wealth commands us, we are poor indeed”

Wealth is more than money. It is a series of learned strategies and behaviors.

Defining Wealth

I used to break down my money into two categories; salary and savings. The process was very simple. To make an income, I provided my time and skills in exchange for money. I would then keep a…

finance

Active Income

What Is Active Income?

Let’s set the record straight

Don’t quit your job to travel the world