Crypto

Start with #web3

In the past two years, I’ve been fascinated by the rise of web3. 

As Albert (from union square venture) wrote:

It is difficult to overstate how big an innovation this is. We went from not being able to do something at all to having a first working version. Again to be clear, I am not saying this will solve all problems. Of course it won’t. And it will even create new problems of its own. Still, permissionless data was a crucial missing piece – its absence resulted in a vast power concentration. As such Web3 can, if properly developed and with the right kind of regulation, provide a meaningful shift in power back to individuals and communities.

Albert WengeR – USV

So let’s start with the first step. Get your wallet. You can think on the crypto wallet as a ‘browser’ to the world of distributed applications that lives in the #web3 world. I would suggest you to try a few wallets as we are still very early in this new frontier.

🎁 WALLETS
  • Hardware: I got the Ledger Nano X but another good option is Trezor.
  • Desktop: I like Exodus  and (of course) you need Metamask in your browser. Btw, Brave got a wallet as well but with Metamask it will be ‘easier’ to start ‘trying’ the NFT world as well.
  • Mobile: Exodus , Jaxx and/or Trust Wallet

🚨 Do NOT buy any hardware wallet from third-party resellers such as Amazon or eBay.
Only buy units from the OEM to ensure that you are getting a clean device.

Next, you wish to buy some tokens (e.g. BTC, ETH, SOL etc’) – You can do it in one of the exchanges below.

EXCHANGES
  • Coinbase – The easy way to get into the crypto world.
  • Gemini 
  • Binance.US – large number of supported coins. But sort of centralized solution.
  • Kraken – Decent staking options

Now, let’s create ourselves a ‘portfolio’ and watch the market:

💽  MARKET DATA, PRICE INFO, NEWS AGGREGATORS, MARKET ANALYSIS, ONCHAIN METRICS
  • Messari.io – onchain metrics and market data. They got one of the best UX/UI.
  • CoinMarketCap  – a market data and news aggregator.
  • CoinGecko  – market data and news aggregator.
🎤 CRYPTO PODCASTS
  • proof.xyz – All about NFTs: Artists, Developers and everything else.
  • modern.finance – New crypto projects and some interesting conversations.
  • Bankless – A great analysis and discussions of ETH markets
🎨 NFTs marketplaces
🥅 DEFI RESOURCES
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Ether Info – A New Google Assistant App

Maui beach at sunsetWhat is an Assistant App?

In case you aren’t familiar with assistant apps, it is Google’s conversational software for helping you get things done in your world.

It is the culmination of all of Google’s research in AI, ML and NLP. It runs on various devices, including the Google Home, as well as many Android and iOS devices.

What is Ethereum?

Ethereum is a digital currency invented in 2013 — a full 4 years after the release of Bitcoin. It has since grown to be the second largest digital currency in the world by market cap — around $20 billion, compared to Bitcoin’s $40 billion. Btw, here is a short intro video I made on Bitcoin.

Ethereum uses its blockchain to record state transitions in a gigantic distributed computer. Ethereum’s corresponding digital currency, ether, is essentially a side effect of powering this massive computer. To put it another way, Ethereum is literally a computer that spans the entire world. Anyone who runs the Ethereum software on their computer is participating in the operations of this world-computer, the Ethereum Virtual Machine (EVM). Because the EVM was designed to be Turing-complete, it can do almost anything that can be expressed in a computer program. Continue reading

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