Ready to get into the cryptocurrency craze but aren't sure how to make a purchase? BlockchainWTF has you covered! Joe goes over several options for you to consider if you're trying to make your first cryptocurrency purchase!
This episode of Blockchain Token - Which is it? covers Ardor! In this series, we will cover the different types of blockchain platforms and cryptocurrencies on the market right now. We’ll give you a quick description of each blockchain/token, its function, their competition and where you can learn more.
Ardor is its built off of NXT blockchain tech, an alternative to Bitcoin and Ethereum's blockchains. How does Ardor distinguish itself? The platform claims unlimited scalability, safe and reliable Smart contracts similar to ethereum however using NXT technology, create and customize your own "child chain" which can interact with the main chain as well as any other "child chains" created.
Ardor is a great solution for any private or public organization that deals with a lot of data. In this day and age we are constantly hearing about how popular company's are hacked, and now your personal data is just out there to go to the highest bidder. Implementing blockchain technology provides for more reliable security, with a much lower chance of customer data being compromised. Additionally, some organizations work with sensitive information. While this information is often protected heavily with standard security measures, these organizations are still looking towards blockchains to be the standard of tech security.
Interact with us on social media, check out our site, and sign up for our mailing list for more great info on all things blockchain!
* https://facebook.com/blockchainwtf
* https://twitter.com/blockchainwtf
* Website: https://blockchain.wtf
...
https://www.youtube.com/watch?v=iPA7f1iJzf0
This episode of Blockchain Token; What is it covers AdEx! In this series, we will cover the different types of blockchain platforms and cryptocurrencies on the market right now. We'll give you a quick description of each blockchain/token, its function, who is their competition and where you can learn more.
AdEx is a blockchain-based ad exchange aiming at disrupting the existing online advertising landscape and address its significant problems: advertising fraud, privacy and consent to receiving sponsored messages, and the number of middle men involved that raise the price of the goods and services without adding and quality to the products.
AdEx is completely transparent and built on top of Ethereum smart contracts. It will be available for all browsers. They aim to empower advertisers and publishers with a platform that is secure, transparent, and beneficial for all the parties involved in the process, consumers included. Publishers can sign up with AdEx to better monetizer their websites. Advertisers bid to put their content on the publisher’s website. When the publisher accepts, they will be paid in AdEx tokens for the impressions, clicks or conversions. The smart contract will hold the AdEx tokens for the duration of the campaign creating a hold mechanism which lower the token’s velocity and liquidity.
Advertisers will purchase AdEx tokens for fiat. These tokens will be paid directly to the publishers with no middlemen. According to AdEx, no fees or commissions will be taken by AdEx themselves. While this is technically true, there is an AdEx Fund where the Advertisers can purchase tokens at the moment of registration. This means there is an inflationary supply along with the AdEx fund being able to manipulate or control the market. One must also consider they discuss the ADXT token in their whitepaper. The ADXT token would be a Proof of Stake style token that would mint additional tokens to attract users to the system.
While I don’t believe the uncertainties to be big red flags, they are something to keep an eye on as this project progresses. At this point, BAT is their only strong competition in the Ad Tech space. They both agree that web users should control of their own information and can get meaningful and targeted ads they choose to see.
...
https://www.youtube.com/watch?v=DUxM_8qPYsk
Bitcoin, Dash, Ethereum, Litecoin……you’ve heard the names on the radio, read about them in the news, even heard them in passing conversations. But, really, WTF is a cryptocurrency?
In this video, we will explain all the essential notes and components you should understand about cryptocurrency. Because it’s here to stay, we’ll walk you through the ins-and-outs of this digital phenomenon. Be sure to read through our written guide as well: https://blockchain.wtf/what-the-faq/wtf-is-cryptocurrency/
Other information resources for you!
Popular Tokens: https://blockchain.wtf/cryptocurrency-blockchain/
How to buy: https://blockchain.wtf/how-to-buy-bitcoin-ether/
What is a blockchain: https://blockchain.wtf/what-is-blockchain-faq/
...
https://www.youtube.com/watch?v=ZPnjSTWpAgs
Watch Andreas Antonopoulos talk at mHub Chicago on October 29, 2017. He discusses the learning curve that many people experience entering the realm of blockchains and cryptocurrencies, authenticity of value in money systems and cryptocurrencies, and how in this new space the "decentralization of truth" becomes a new and interesting factor in technology and learning.
#THANKYOUANDREAS
Reach out and sign up for our mailing list at:
https://blockchain.wtf/contact-us/
* Twitter: https://twitter.com/blockchainwtf
* Facebook: https://facebook.com/blockchainwtf
* Website: https://blockchain.wtf
...
https://www.youtube.com/watch?v=mRIv2pX0s2w
This episode of Blockchain Token - Which is it? covers Ripple!
The goal of the Ripple system, according to its website, is to enable people to break free of the “walled gardens” of financial networks – ie, credit cards, banks, PayPal and other institutions that restrict access with fees, charges for currency exchanges, and experience processing delays.
If you enjoyed this video, please give us a “Like.” Check out some of our other Blockchain Token episodes, and learn more about different blockchain projects! And don’t forget to subscribe to our channel so you don’t miss out on any of the blockchain buzz!
Interact with us on social media, check out our site, and sign up for our mailing list for more great info on all things blockchain!
* Website: https://blockchain.wtf
* https://twitter.com/blockchainwtf
* https://facebook.com/blockchainwtf
...
https://www.youtube.com/watch?v=IXaCShmxtsQ
In this episode of WTF is, we cover...
Stellar is an open source blockchain built on the idea of exchanging value, with the main goal of ultimately becoming the future of banking. Anyone can use Stellar to to make peer-to-peer payments without worrying about the difficulties of sending money across borders or exchanging different currencies. With Stellar, money can be sent quickly and cheaply.
Find out more about the Stellar Development Foundation: https://www.stellar.org/
* Website: https://blockchain.wtf
* https://twitter.com/blockchainwtf
* https://facebook.com/blockchainwtf
* https://steemit.com/@blockchainwtf
* https://medium.com/@questions.blockchainwtf
* mailing list: https://blockchain.wtf/contact-us/
...
https://www.youtube.com/watch?v=PSXx5e02jZs
This episode of Blockchain Token - Which is it? covers PIVX.
PIVX is a fork of Dash and is a privacy focused cryptocurrency. Dash community members disagreed with Dash's governance and decided to start their own cryptocurrency with a Proof-of-Stake (PoS) mining system. They claim to have a more fair, transparent, and near instant transaction speed. Unlike most cryptocurrencies, PIVX doesn't have a fixed token supply. They claim this will encourage use, and since new tokens are distributed to the users, inflation will be minimal.
If you enjoyed this video, please give us a “Like.” Check out some of our other Blockchain Token episodes, and learn more about different blockchain projects! And don’t forget to subscribe to our channel so you don’t miss out on any of the blockchain buzz!
Interact with us on social media, check out our site, and sign up for our mailing list for more great info on all things blockchain!
* https://facebook.com/blockchainwtf
* https://twitter.com/blockchainwtf
* https://medium.com/@questions.blockchainwtf
...
https://www.youtube.com/watch?v=rHcRPsIpI6U
This episode of Blockchain Token - Which is it? covers Bitcoin Cash!
Born out of debate over Bitcoin’s scaling concerns, Bitcoin Cash forked off of the Bitcoin blockchain on August 1, 2017, essentially creating a new currency and a new chain. Unhappy with the introduction of SegWit, a possible scaling solution adopted by Bitcoin, supporters of BCH believed that the only way to solve Bitcoin’s transaction bottleneck was to increase the block size
If you enjoyed this video, please give us a “Like.” Check out some of our other Blockchain Token episodes, and learn more about different blockchain projects! And don’t forget to subscribe to our channel so you don’t miss out on any of the blockchain buzz!
Interact with us on social media, check out our site, and sign up for our mailing list for more great info on all things blockchain!
* https://facebook.com/blockchainwtf
* https://twitter.com/blockchainwtf
* https://medium.com/@questions.blockchainwtf
...
https://www.youtube.com/watch?v=osJXHGEPTsc
The blockchain is the technology that serves as the distributed ledger that forms the network. This network creates a means for transacting and enables the transfer of value and information. A blockchain is a platform that allows cryptocurrencies to exist. Cryptocurrencies are coins or tokens used within these networks to send value and pay for these transactions. Furthermore, you can see them as a tool on the blockchain, in some cases serving as a resource or utility function. Other times they are used to digitize the value of an asset.
In other words, blockchains serve as the base technology, in which cryptocurrencies are a part of the ecosystem. They go hand in hand, and a cryptocurrency is often necessary to transact on a blockchain. Without the blockchain, we would not have a way for these transactions to be recorded and transferred in a transparent way. A blockchain is a technical design pattern that allows networks to exist without relying on a central authority for network management and maintenance. A cryptocurrency is usually (but not always) a required part of a blockchain ecosystem, and is used to incentivize users to secure the network.
Blockchain 101
Lesson 11/18
Lesson Page: https://theblockchaininstitute.org/courses/blockchain-101/lessons/the-differences-between-blockchains-and-cryptocurrency/
Follow us on Twitter: https://twitter.com/bchaininstitute
...
https://www.youtube.com/watch?v=buLJwPvq750