CryptoCurrency

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Welcome

Welcome to /c/CryptoCurrency on Lemmy.World, a sister community to the r/CryptoCurrency subreddit. Use it for open discussions on all subjects related to emerging crypto-currencies or crypto-assets.

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founded 1 year ago
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submitted 1 month ago* (last edited 1 month ago) by [email protected] to c/[email protected]
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submitted 1 month ago* (last edited 1 month ago) by [email protected] to c/[email protected]
 
 

Zcash Forum Banner contest

The #Zcash Forum is being redesigned and a contest is being held for the welcome banner:

https://forum.zcashcommunity.com/t/zcash-forum-banner-contest/

@cryptocurrency

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submitted 1 month ago* (last edited 1 month ago) by [email protected] to c/[email protected]
 
 

Whether you're tracking Bitcoin's skyrocketing value or diving into Ethereum's smart contracts, understanding cryptocurrency is becoming a big deal.

What is Cryptocurrency?

Let’s break it down. Cryptocurrency is basically digital money. It’s used to secure transactions and manage the creation of new coins. But here’s the twist: unlike the cash issued by governments, cryptocurrency operates on a decentralized network powered by blockchain technology.

Picture blockchain as a huge digital notebook that everyone in the network can see. This makes transactions transparent and trustworthy.

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I'm planning on getting a hardware wallet for better security, but one part of that which concerns me is backing up my seed phrase. I know I can back it up onto a dedicated metal card which is my plan, but I feel uncomfortable with the idea that my seed phrase is just sitting in my house or something out in the open.

I know it's not advisable to store your seed phrase in a password manager, but I was thinking I could split the seed phrase up and put part in my password manager and part on the physical backup? Something along those lines? I just want to make sure that there isn't a single place where someone would have to compromise, but instead they'd have to compromise both my digital and physical spaces.

Has anyone who has the same concerns come up with a good solution that works for them? Would love to hear about it.

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The Zashi #Zcash wallet now offers a Coinbase integration 🎉

https://electriccoin.co/blog/coinbase-zashi-1-2-release/

#crypto
@cryptocurrency

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I'm having trouble understanding what it is and how to use it. The project website seems to be filled with buzzwords but no actual usecase.

The name hints at a being a DEX, but that doesn't seem to be it. They talk about banking for everyone, but they don't have a coin. What exactly is it and how can one use it? Is it usable by laymen?

Maybe @[email protected] can answer or anybody else who understands it...

Anti Commercial-AI license

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cross-posted from: https://lemmy.ml/post/17235581

"The Oslo Freedom Forum, held annually by the Human Rights Foundation, has become a worldwide cornerstone for human rights activists. This year, the 16th edition of the forum was centered around the theme "Re-claim Democracy." It brought together activists, thinkers, and leaders to discuss the challenges of rising authoritarianism and how bitcoin can support activists fighting against oppressive regimes."

Link without paywall: http://archive.today/L1n4y

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This exchange claims doing ~30% of Monero XMR trading volume following CoinGecko markets tab.

Monero is a good example because it's not that much speculated (more used as a currency), when looking kraken or tradeogre.

On an other side, nobody mentions Gate as a platform to buy Monero or as a liquidity provider for instant crypto exchanges.

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Canary text deleted:

"The Ethereum Foundation (Stiftung Ethereum) has never been contacted by any agency anywhere in the world in a way which requires that contact not to be disclosed. Stiftung Ethereum will publicly disclose any sort of inquiry from government agencies that falls outside the scope of regular business operations."

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