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    Crypto Regulation & Resources

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    jack stauber
    Blockchain technology uses a digital public ledger to make transactions transparent, secure and fast. Miners process transactions by solving complex math problems, and are rewarded with cryptocurrency. Ethereum is very popular, so its blockchain is often congested. Cryptocurrencies like Bitcoin are designed to be scarce, driving up their value as more are lost or mining rewards are reduced. Stablecoins aim to maintain a stable value by pegging their price to assets like the US dollar.

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    Crypto Regulation & Resources

    Uploaded by

    jack stauber
    57 views4 pages
    Blockchain technology uses a digital public ledger to make transactions transparent, secure and fast. Miners process transactions by solving complex math problems, and are rewarded with cryptocurrency. Ethereum is very popular, so its blockchain is often congested. Cryptocurrencies like Bitcoin are designed to be scarce, driving up their value as more are lost or mining rewards are reduced. Stablecoins aim to maintain a stable value by pegging their price to assets like the US dollar.

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    Crypto regulation & resources.

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    Blockchain technology uses a digital public ledger to make transactions transparent, secure and fast. Miners process transactions by solving complex math problems, and are rewarded with cryptocurrency. Ethereum is very popular, so its blockchain is often congested. Cryptocurrencies like Bitcoin are designed to be scarce, driving up their value as more are lost or mining rewards are reduced. Stablecoins aim to maintain a stable value by pegging their price to assets like the US dollar.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    57 views4 pages

    Crypto Regulation & Resources

    Uploaded by

    jack stauber
    Blockchain technology uses a digital public ledger to make transactions transparent, secure and fast. Miners process transactions by solving complex math problems, and are rewarded with cryptocurrency. Ethereum is very popular, so its blockchain is often congested. Cryptocurrencies like Bitcoin are designed to be scarce, driving up their value as more are lost or mining rewards are reduced. Stablecoins aim to maintain a stable value by pegging their price to assets like the US dollar.

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    Cryptocurrencies Helpful Information (What Are They)

    Blockchain technology is a digital public ledger that platforms utilize to make transactions
    transparent, secure and fast. Miners have to mine block chains for confirmations to go through
    which allows your transactions to process and network fees are applied which can range
    between a few cents to a few dollars depending on how congested the network is. Ethereum is
    always congested because of how popular their blockchain is. Hash graphs are similar to
    Blockchains the only difference is the security protocols, the means of which transactions are
    approved and confirmed through more extensive checks & processes so they take a little longer
    but are more secure. A good example would be HBAR.

    Miners mine blocks on Blockchains by utilizing advanced computers that solve complex math
    problems which when completed can give miners anywhere between 1 Bitcoin to a maximum of
    6 Bitcoins. However Bitcoin goes through a halving cycle every 4 years where the rewards for
    mining blocks are reduced from say 6 Bitcoins to only 3 making Bitcoin a far more scarce
    resource and making it harder to collect. This of course drives up the price of Bitcoin massively
    because not only are there only 21 million Bitcoin in total supply and circulation currently is like
    17-18m but many have already been lost (through self-custody or burned effectively reducing
    the total supply). Tokenomics basically describes a project's current and future use cases, its
    current circulation/total circulation, community engagement and its members and road maps.
    Bitcoin is the 1st crypto, it's looked at as a store of value equivalent to gold and it has so many
    use cases just like Ethereum does.

    Tokenization is basically turning a physical asset like a house into a digitized asset (such as a
    deed or NFT that tells people you have ownership over said property) that can be split into
    fractional ownership if there is more than one stakeholder. So for instance if the house
    eventually gets sold for $2m Dollars on the market then you get 10% of the proceeds depending
    on what your percentage ownership was.

    You have many different big central exchanges like Coinbase, Binance, Kraken, Kucoin, and
    Crypto.com which all have different features like peer to peer lending, staking your coins
    (passive income can be upwards of 20%+ apy), short term trading, learning modules, and etc.
    You also have native tokens such as BNB for Binance and Cronos for Crypto.com. These
    tokens can be used to securitize their platforms, enhance their Blockchains, privileges such as
    voting rights to enact certain policy changes, exclusive events, rewards, forums, etc.

    You'll eventually hear the words "on ramp" and "off ramp" used a lot in crypto. It means directly
    purchasing crypto from fiat whether that be through an app, a decentral/central exchange, a
    Bitcoin ATM, or another intermediary. An off ramp is basically the same thing; the only difference
    is that you will be selling/converting your cryptocurrencies into fiat (USD/Euro for example).

    There are many different projects out there that focus on different things such as data
    democratization where you sell your data (is stored in a data locker) and get rewarded such as
    with Jasmycoin in which your premium data is bought and sold to companies. Peer to peer
    payment platforms such as XLM enabling cross border transactions. Business 2 business
    payment platforms such as XRP settling big transactions through their Blockchain technology.
    Graph protocol is a crypto project that is focused on data indexing, enabling developers and
    network participants to use public and open APIs to build subgraphs for various decentralized
    apps, and for querying, indexing, and collecting data and in storing large amounts of information
    on their blockchain to be referenced. It's similar to Google but utilizes blockchain technology.

    Ethereum- a transactional (payment processor)/defi applications platform that incentivizes


    developers to build on top of their Blockchain. They're also the original smart contracts platform
    that allows contractual agreements to be made on the Blockchain. Quant is the most interesting
    out of all of them because it's a hyperledger that is utilizing its technology to bring together a
    bunch of different projects to replace the International Banking Swift System with Blockchain
    compatible projects in which it provides the framework for everything to connect together. Better
    security, better efficiency, lower congestion, and faster transaction speeds/settlement times is
    what is possible under Blockchain technology and it also provides more transparency.

    There's also one other thing that I forgot to mention which is extremely important. There are
    stable coins such as USDT and USDC which are pegged to the dollar so it stays constant with
    the dollar. It's less volatile and less inflationary compared to other cryptos that are more likely to
    see price swings. This is important when you want to protect your assets during bear markets
    and transact with stable bearing assets. The only downside is that these stable coins are
    controlled by institutional bodies meaning they are centralized and can be hacked, stolen, or
    frozen by these institutions or governments at any time via a subpoena. That's why self custody,
    hardware wallets and decentralized financial assets such as Bitcoin (which is a store of value
    equivalent to gold) are very important to protecting and preserving your assets in a
    decentralized way.

    More helpful resources:

    https://trustwallet.com/

    https://bitpay.com/wallet/

    https://www.blockchaincenter.net/en/

    https://www.blockchain.com/wallet

    https://copiosa.io/copiosa-wallet-overview

    https://www.coolwallet.io/

    https://tradedesk.coinflip.tech/

    https://www.onekey.so/
    https://olliv.com/

    https://zerion.io//

    https://www.coinbase.com/wallet

    https://defexa.io/wallet/

    https://www.spot-wallet.com/

    https://token.im/?locale=en-us

    https://xcelpay.io/wallet

    https://store.safepal.com/safepal

    https://online.stanford.edu/explore

    https://pll.harvard.edu/catalog/free

    https://www.edx.org/search

    https://www.coursera.org/

    https://www.moonpay.com/

    https://guarda.com/

    https://coinmarketcap.com/

    https://www.coinatmfinder.com/

    https://cryptobubbles.net/

    https://www.egifter.com/

    https://www.coinmama.com/next/account

    https://www.coinsbee.com/en/

    https://beincrypto.com/price/ethereum/price-prediction/

    https://dundle.com/
    https://www.bidali.com/

    https://giftoff.com/gift-cards/all

    https://www.gyft.com/

    https://phoenix.acinq.co/

    https://bitcoin.org/en/wallets/mobile/android/electrum/

    Crypto prediction: AI forecast can download on playstore/appstore.

    Hardware wallets (cold storage):

    https://trezor.io/

    https://www.ledger.com/

    https://www.ellipal.com/products/cold-wallet

    https://www.nerdwallet.com/article/investing/hot-wallet-vs-cold-wallet#other-wallet-options

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