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Showing posts from 2020

Bitcoin 401k

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I just read this article and found it interesting.  Gemini is teaming up with a few others to offer 401k retirement offerings.  As such, employers will have the option of giving crypto investments in their plans.  Which would allow you to forego the hurdles of setting up a self directed retirement to make those investments.  Interesting.....
https://blockchainbrave.com/2020/05/bitwage-rolls-out-bitcoin-401k-plan-with-help-from-gemini/

Brave, BAT and Reddit tokens

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Those that are both into the cryptosphere and are reddit users no doubt have heard of the new reddit tokens.  They are ERC-20 tokens that are going to be specific to individual subs that will serve as not only a way of rewarding content but also interaction with the subs.  As of this writing I am aware of three different tokens, moons, bricks and donuts.  Tokens also appear to be able to be adopted by multiple subs, so it's not necessarily a strict 1 sub = 1 token relationship.
I think this is a really interesting development.  These are currently running on a testnet for ETH (Rinkeby) and so the gas cost is effectively free.  Reddit has a plan for how to manage/cover these costs once the tokens go to main net.  It brings a huge group of people into the crypto world and is another large step towards widespread adoption.  I am all for it, as are many others.
This has sparked a debate on whether Brave and BAT focused subs should simply adopt BAT as their tokens.  I am going to make my…

Pi Network and FeverIQ

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Pi Network is a project I have been following for a little while now.  Initially I was introduced by a friend who asked me to 'mine' and so I did because it was super easy and didn't take much of any effort or resources (more on that later).  I then started to learn a little more and took more interest in what was going on and have started to look forward to the projects development.  Then very recently they introduced their first 3rd party app "FeverIQ" and now I have taken more interest because it's actively providing a service to...dare I say, humanity?  I will break it down for you, please read on even if you aren't directly interested in Pi.

So, what is Pi?  Honestly it seems to be pretty straight forward in it's approach and isn't trying to do too much.  Pi is being developed by a group of people at Stanford University.  The team seems to be at least a little bit altruistic in their goals.  The state their mission as: "Build a cryptocu…

BAT Mjolnir

I found this article interesting though admittedly much of it is well on the tech side.  This basically describes how brave plans to move the ecosystem of brave advertising and BAT off the native ETH chain.
Currently BAT is handled totally centralized and managed by Uphold. This is problematic for a lot of people.  There is a desire to move to a more decentralized solution.  Being on ETH is too expensive to handle on chain with micro transactions.  This seems to be a solution to get something of ETH adjacent solution.
I need to re-read and digest it more. But it might be worth your read.
https://brave.com/mjolnir-tooling-for-bat-apollo/

HaloDEX lists PEG

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HaloDEX lists PegNet stablecoin PEG.
So what is PegNet?  Reading the PegNet webpage they dub themselves as the stablecoin network for Decentralized Finance.  It goes on to say that PegNet functions as a state channel on Ethereum dedicated to stablecoin prices, conversions and transfers.  The actual network is built on the Factom Protocal.  There are some nice videos and some other technical information but here is my not overly technical take on what PegNet really means.

I will start by saying, this product and network is not aimed at high volume traders or people that rely on trade speeds of a centralized exchange.  It's not for people that need near instant settlement, or people doing intra-day trading and/or scalping.  Really it's for people that want to change what they are holding to another thing based on a longer term outlook.

If you wanted to change around what you are holding, but you didn't want to have an actual exchange to log into and wait for a deposit to se…

Halo Platform February Update

Halo Platform has posted their February update.  There is some interesting more in there about exchange updates and the start of work on their mobile platform.  It's worth a quick read.
“February 2020 Update” by Halo Platform https://link.medium.com/kqrP3r7zn4

Ether-1/$ETHO

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Another project that I have been getting into as of late is Ether-1 and their currency $ETHO.  This is a really interesting project and for anyone who is a true disciple of the decentralize everything tenant, these guys will be right up your ally. More than any other project I have seen they truly want to decentralize everything and they let that guide all their decision making.  They have pushed to have decentralized governance of the project, and even watch the pool loading for their mining and encourage the communities to spread out the hash rate and not let any pools get over-weighted.

The project is attempting to provide for decentralized content hosting.  Now forgive me if I get a little bit of the technical details slightly off here.  Their primary product right now is EthoFS which is how they provide for the content hosting.  You use ETHO to cover the hosting costs and your content goes up and becomes part of the blockchain.  Much like many other blockchains it's an immut…

Ethereum

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So here is my take on Ethereum as a network, and ETH as a cryptocurrency.  It's here to stay, at least as long as the space is around in general.  I know, I know this or that is the next big thing, the Ethereum killer.  I always laugh at that idea because to me it points to a fundamental misunderstanding of the space at large.  ETH need not die for something else to prosper.
Crypto is plagued with tribalism.  People all want their project to be the winner, and to have a winner there has to be a loser, right?  Well not always.  I am really happy that there are a ton of options out there for me to get a meal, or a drink, or clothes, or whatever.  Such is the way with crypto.
I like that there are bunches of smart contract options out there.  They all do things their own way and serve their own purposes.  Some of those may compete in many ways, but it doesn't mean there isn't room for many projects doing similar things in similar ways.  
ETH is at this point a crypto institu…

Halo Platform

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Halo Platform is a project I have been following for a while now. This is a project that has admittedly had it's ups and downs. The project started in the hot and heavy age of ICOs in late 2017. At first they got a ton of work done, launched their chain, launched a bunch of dapps and really got rolling.

Then the bear market hit and hit hard. Much like many other cyrpto startups the project suddenly had some trouble. All the ETH and BTC that had been raised was now worth a fraction of what it was when it was raised. Many many projects either cashed out or folded, but Halo pushed through. Some tough choices were made and there was a significant downsizing that happened.

Coming out of the bear market and into what many hope to be the beginning of a new awakening for crypto it appears that Halo has weathered the storm. A little beaten and a little bruised, but still alive and kicking.

To date Halo has developed a fully functioning chain that is a fork of Ethereum and based in part on th…

Basic Attention Token (BAT)

BAT or Basic Attention Token is the rewards token used as part of the Brave Browser and the associated rewards ecosystem. BAT is an ERC-20 token on the Ethereum network. You earn BAT for viewing ads on Brave. You can then use that BAT to tip content creators or can cash it out. This is a really interesting project that seems to have real world application.


Take a minute to check out the project website.
https://basicattentiontoken.org/

Brave Browser

I have become a big fan of the brave browser. It's privacy features are on point, it's fast and easy, it's based on Chrome, but most interesting is how it handles advertising. The browser blocks advertisements that you might normally see then only allows you, as an opt-in, to see advertisements that you get paid to view. You receive rewards in BAT which is a token on the Ethereum cryptocurrency network. This rewards can then be traded for your favorite crypto or fiat currency.


Check it out and give it a try.

https://brave.com/rec132

Reddit Profile

Want to see the disorganized ramblings about crypto I have on reddit? OK cool, clicky the linky.

https://www.reddit.com/user/recourier

Twitter Link

Take a look at my ramblings on twitter, cause, why not.


https://twitter.com/recourier