Tag: Blockchain

Categories
Bitcoin Wallet Crypto Mining

How do I become a crypto specialist?

Becoming a crypto specialist requires a mix of technical knowledge, financial understanding, and practical experience in the world of cryptocurrency. Here’s a step-by-step guide on how to become a crypto specialist:

1. Understand the Basics of Blockchain and Cryptocurrencies

  • Learn blockchain technology: Start by studying how blockchain works—its structure, consensus mechanisms (like Proof of Work, Proof of Stake), and decentralized systems.
  • Understand key concepts: Study the fundamentals of cryptocurrencies like Bitcoin, Ethereum, altcoins, tokens, and smart contracts.

Resources:

  • Read books like Mastering Bitcoin by Andreas Antonopoulos.
  • Explore online courses on platforms like Coursera, Udemy, or edX.

2. Study Cryptography and Security

  • Cryptography: Cryptocurrencies are secured by cryptographic techniques. Understanding asymmetric cryptography, hashing algorithms, and encryption is crucial.
  • Cybersecurity: Learn how to secure crypto wallets, exchanges, and private keys from hacking or theft.

Resources:

  • Take courses on cryptography and cybersecurity basics.
  • Learn how public and private keys work.

3. Familiarize Yourself with Blockchain Development

  • Coding knowledge: Learn programming languages commonly used in blockchain development, such as:
    • Solidity (for Ethereum smart contracts)
    • JavaScript
    • Python
    • Go
    • Rust (for Solana and other blockchains)
  • Smart Contracts: Learn how to write and deploy smart contracts, especially on Ethereum.

Resources:

  • Use resources like CryptoZombies or Ethernaut to practice Solidity and smart contract development.
  • Participate in hackathons like ETHGlobal or Chainlink Hackathons.

4. Understand the Financial and Economic Aspects

  • Tokenomics: Learn about the economic models behind cryptocurrencies, including token supply, inflation rates, governance, and staking mechanisms.
  • Market Analysis: Study the crypto market, including price trends, technical analysis, and fundamental analysis.
  • DeFi (Decentralized Finance): Understand decentralized finance applications such as lending, yield farming, and decentralized exchanges.

Resources:

  • Follow crypto financial news and analysis (CoinDesk, CoinTelegraph).
  • Study DeFi protocols like Uniswap, Aave, and Compound.

5. Stay Updated on Regulations and Compliance

  • Learn the legal aspects: Crypto regulations vary by country and are constantly evolving. Study the legal framework around Initial Coin Offerings (ICOs), Security Token Offerings (STOs), and regulatory bodies (like the SEC).
  • AML/KYC: Learn about Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations, which are important in the crypto space.

6. Gain Practical Experience

  • Start trading or investing in crypto: This will help you understand market dynamics, price volatility, and how different tokens perform.
  • Work on real-world blockchain projects: Contribute to open-source blockchain projects on GitHub or participate in internships at blockchain companies.
  • Consulting or freelance work: Offer your skills to companies that need help with blockchain integration, crypto payments, or DeFi strategy.

7. Consider Certifications

  • Certified Cryptocurrency Expert (CCE) by Blockchain Council.
  • Certified Blockchain Developer (CBD) by Blockchain Training Alliance.
  • Certified DeFi Expert by DeFi Academy.
  • Ethereum Developer Certifications through ConsenSys Academy.

8. Build a Network

  • Join crypto communities: Engage in online forums, Reddit groups, or Discord channels focused on blockchain and crypto.
  • Attend conferences: Participate in blockchain events like Consensus or Devcon to network with professionals and stay updated on trends.

By continuously learning and engaging with the crypto ecosystem, you’ll develop the expertise to become a crypto specialist.

Categories
Bitcoin Bitcoin Wallet Cryptocurrency news

Coinbase: Uniswap tops 2023 list of protocols

Launched in 2018 by Hayden Adams, a former mechanical engineer at Siemens, the Uniswap blockchain runs on the Solidity programming language, a popular choice for many decentralized finance (Defi) projects on the Ethereum platform.

Uniswap offers users the ability to provide liquidity to pools and trade decentralized tokens in pairs, including native cryptocurrencies and stablecoins. Uniswap is characterized by its open source nature and encourages contributions from a diverse community. The project has since collected more than three million unique senders.

The thread continues and highlights Tether as the second protocol. It recorded 33.6 million sends from 6.2 million unique addresses, making it a significant player in the Ethereum ecosystem, followed by Opensea, Metamask and 1inch.

It is worth noting that aggregator 1inch emerged as the most used project, while recent addition Banana Gun, launching in 2023, recorded 1.5 million swaps in ninth place on the list.
​

Categories
Bitcoin Bitcoin ETF Bitcoin Investment Bitcoin Wallet Crypto Mining cryptocurrency exchange Cryptocurrency Investment Cryptocurrency news Investment News

Blockchain, Metaverse and NFT’s arrive in Granada in January with Block World Tour

In January we will have the opportunity to attend the most prestigious event in the Blockchain technology industry ever held in Granada.

After nine editions throughout Europe, the most prestigious and pioneering Blockchain congress in the world has chosen the city of the Alhambra as its next destination.

The BlockWorldTour organization has always tried to promote Granada as a technological city and organized the first blockchain event in 2019.

The event to learn directly from the creators of the future of Blockchain

The Block World Tour will announce its speakers on platforms like Instagram several weeks before the congress. In recent editions we have seen professionals from all sectors, who grow while research lags behind innovation.

Accustomed to seeing references in the media to new trending terms like Metaverse, DEFI or NFT, we can understand the gist of what this means, but we don’t really know what they mean. This Congress aims to bring the new concepts of professionals to audiences interested in the subject.

NFT and Augmented Reality

At the congress there will not only be space for presentations and networking, but also for exhibitions and stands. There will be the possibility of knowing the different projects presented at a shorter distance. In the latest editions of the BWT, NFT art exhibitions were programmed, as well as Augmented Reality experiences that represent a new twist to what we understand today as musical shows.

The format of conferences concentrated in a maximum of 15 minutes, and debates between speakers on certain topics, allows anyone who finds the subject interesting to debut at an event of this caliber.

BWT is a multicultural technological event that has managed to redefine the traditional concept of this type of event for the Blockchain sector. A benchmark for thousands of participants and companies in the blockchain sector, the Block World Tour events are the ideal place to find out about the latest developments in the sector and be at the forefront of the future of technologies, as well as a way to find the perfect opportunity to establish alliances and promote projects or businesses.

Categories
Bitcoin Bitcoin ETF Bitcoin Investment Bitcoin Wallet cryptocurrency exchange Cryptocurrency Investment Cryptocurrency news Investment News

Bitcoin Miner Bitzero to Build $500 Million Headquarters in North Dakota

Bitzero Plans to Build Headquarters for North Dakota Bitcoin Mining Operations Valued at $500 Million

Bitcoin miner Bitzero is building its headquarters in North Dakota.

The data center will cost the company between $400 million and $500 million and will use heat, a byproduct of its operations, to help the region produce food year-round.

The company has already raised $100 million and is planning an IPO in Canada within the next 60 days.

Bitzero Blockchain Inc., a 100% renewable bitcoin mining company, is making North Dakota the headquarters for its North American operations.

The miner distilled the plans Thursday in a joint press release with the North Dakota governor’s office and notable investors like Kevin O’Leary.

Company officials declared plans to invest $400-$500 million in the next data center and also announced plans to partner with the MHA Nation greenhouse project that will allow heat from Bitzero’s operations to be used for food production. throughout the year.

“Help Main Street, help all citizens, take our state out of reliance on being, as we have been for over 100 years, reliant on state-level revenue,” said North Dakota Governor Doug Burgum.

While the location of Bitzero’s headquarters has yet to be announced, the CEO said it will likely be located in Bismarck or Fargo and employ 15-20 people for operations. The bitcoin miner has plans to generate 200 megawatts (MW) of power in data centers over the next two years.

In addition to the data centers, the company also plans to develop an assembly and distribution center for graphene battery technology that is expected to represent an investment of $200 million to $500 million over the next two to three years.

Bitzero has currently raised $100 million through investment capital with plans to launch a Canadian initial public offering (IPO) within the next 60 days.

“Consolidating a North American headquarters prior to the IPO was a crucial strategic piece for Bitzero, and we plan to begin consolidating operations in North Dakota as we grow,” said O’Leary. “This announcement comes before the announcement of a Montana project scheduled for tomorrow.”

Categories
Bitcoin Bitcoin ETF Bitcoin Investment Bitcoin Wallet Crypto Mining cryptocurrency exchange Cryptocurrency news Investment News NFT Investment

Team Terra officially activates the Terra 2.0 Pheonix-1 mainnet

The official Terra 2.0 launch announcement is finally here, as the team activates the Terra 2.0 Pheonix-1 mainnet by generating the first block on the blockchain network. The official announcement from Earth says:

Block 1 of the new Terra blockchain (with chain_id of "Phoenix-1") was officially produced at 06:00 UTC on May 28, 2022! Kudos to the #LUNAtic community for this quick collaboration.

The announcement adds that LUNA token qualifiers can check their wallet balances by selecting the new Phoenix 1 network via the Terra Station browser extension. Terra founder Do Kwon wrote:

To see your $LUNA (or $LUNA2 as some exchanges call them) token balances, you just need to login to the station and refresh the page For new users coming from IBC and others, create a station wallet with the same book and station guide you through the remaining steps

With their new liquid LUNA tokens, users can do a number of things, such as staking on Terra Station to earn rewards. Users can use them in dApps after launch, trade them, and even participate in governance decisions.

Terra 2.0 is a completely new blockchain and not a fork. As a result, dApps running on Terra Classic must be restarted on the new chain. Some of the dApps have already migrated to the new chain, including RandomEarth, Astroport, Spectrum, Prism, Nebula, EdgeProtocol, TerraSwap, and others.

How to verify LUNA bet?

Terra explains that for the portion of the LUNA airdrop that is already staked and purchased, users need to follow a simple three-step process.

Open the Terra Station desktop app

Select Phoenix-1 network

Click on the "bet:" tab to see the coins wagered and the validator being wagered for.

Users are free to choose the validator of their choice and start earning staking rewards. Users can do this by redelegating or delegating and then delegating the share again.

Users will continue to receive staking rewards even when their LUNA is staking and in the process of being acquired.

“Today marks the beginning of the next chapter for the Terra community; one where our potential is limitless and our collective creativity can flourish,” says Terra.