Once you decide to invest in a token, how you buy or accumulate that token needs to be selected. You can buy your entire investment at once, but if you put all your money into a token and the price halves, or worse, you have lost lots of money. If, on the other hand, you […]
First, let’s see how to do that on Kucoin. The Kucoin bots are only configurable on the mobile app. Download the mobile app and follow these steps to buy two dollars of BTC each day. Once you see the instructions it will be trivial to change the frequency or amount of the purchase to suit […]
Binance Auto Invest can also be done from the Binance mobile app. However, because of the extra options, it will be clearer to demonstrate on the website which unlike Kucoin bots is an option on Binance. This tutorial assumes you have some BUSD stablecoin in your Spot wallet although you can choose from some fiat […]
The theory goes that an Internet of Blockchains will eventually emerge as the dominant crypto infrastructure. An interconnected, diverse system with dozens, maybe hundreds of different ecosystems with different features, pros, and cons. In many ways, as we will see in later chapters, it is already happening, and it is my preferred outcome. After all, […]
Proof of stake (PoS) is a consensus algorithm that most blockchains use to achieve distributed consensus. It is an alternative to proof of work (PoW), which Bitcoin and Litecoin use, and previously before the “Merge” upgrade, Ethereum. PoS comes in a few varieties. Here I will explain the basics that most hold in common.
Which is […]
A smart contract is a computer program. A computer program can do something simple like add two numbers together, then take action based on the result or do something more complex like run an organization, hold the terms of a wager, manage a video game economy, or perhaps an international bank. The more complex the […]
In the previous chapter we had a glimpse at some smart contract code and had a very brief overview of how it works. The preceding code was generated by ChatGPT and was just meant as a sample for context purposes. The best way to understand how dApps work is to see how a smart contract […]
In this chapter, we will learn about crypto projects in less detail than we have for Bitcoin, but we will learn about many. There are so many, and they are even more complicated than Bitcoin. However, our knowledge of Bitcoin and our newly discovered knowledge about PoS, smart contracts, and the blockchain trilemma will stand […]
What follows is a whirlwind tour through some more crypto projects. As with the previous chapter, I have included them because they are interesting, not because they are likely to be profitable. As with the preceding chapter, I will add more projects in the book’s next edition.
Privacy coins
Privacy should be a human right, not something […]
Many networks and dApps offer a wide choice of wallets you can use to interact, but some give a much narrower choice. Therefore, a discussion of wallets is warranted. As we progress through the book, I will introduce many wallets in addition to Exodus and Muun, but as our collection of wallets grows, we might […]
