#crypto wallets explained
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anbuselvi1 · 2 years ago
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Top BEST Cold Wallet | Hardware Crypto Wallets for your cryptocurrency
BEST Cold Wallet
A Bitcoin/cryptocurrency wallet is the first step to using Bitcoin or crypto. Why? A “wallet” is basically the equivalent of a bank account. It allows you to receive bitcoins and other coins, store them, and then send them to others. You can think of a wallet as your personal interface to the Bitcoin network, similar to how your online bank account is an interface to the regular monetary…
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collapsedsquid · 5 months ago
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Al-Naji explained that purchasing BTCLT through the BitClout platform involved a “totally decentralized” so-called “atomic swap” whereby investors would deposit the crypto asset bitcoin into BitClout’s treasury wallet and receive BTCLT in exchange. This exchange, however, only operated in one direction, meaning that BTCLT investors could not exchange their tokens back into bitcoin or fiat currency (e.g., U.S. dollars) via the BitClout platform. This fact was not explained in the BitClout White Paper. Al-Naji privately explained to an early investor that he viewed this technical limitation as a positive feature of the platform because restricting the ability to sell BTCLT had the effect of driving up its price.
You've heard of write-only memory, now it's time for buy-only assets
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system-of-an-up · 4 months ago
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I'm so clever
Stay safe artists.
How to recognize an art scam?
1. Hi can you draw a picture of my son and his pet? I'll pay you anything what are your prices?
That's the most common question I got several times on other websites. Whether you gave prices or not they won't look into it. They never looked at your account, in fact. They pish you into making high prices for them to get refunded later.
2. They don't follow you, or they didn't like your art a while ago.
When you're commissioning an artist, it's because you enjoy their art. The least you'd normally do is give their art likes, comments, or follow you.
3. Just do it
A normal client would totally understand your suspicions and would prove they're not a scammer by explaining what they like in your art. For example, the choice of color palette, the graphic paw (funny way to say signature style), etc. They can also make you feel guilty about your questions. Don't.
4. They'll insist on a certain payment method that could give them advantages, and/or pay you AFTER.
Okay, let's say you're gonna buy bread. The baker hands you your baguette. You are right in front of them, so it's okay to pay after.
Now, you are asking for a developer to make you a script. They have no guarantee that you are real, nor that you are honest. It's normal for them to ask you to pay them first. Or 50% before 50% in the middle.
If you take PayPal, don't. They have a 180d refund policy, and even if the client was hobest at first, PayPal is by the buyer's side and not yours. It doesn't matter if you did the commission, the buyer CAN be refunded.
Solutions?
KYC. Know Your Customer. Sniff shady customers. But it's not really 100% working.
Use a middleman. This one decreases trust from the buyer's side but someone who has seen your commissions before and trusts you from the beginning wouldn't be too affected.
Make them sign an online contract before the commission. A lawyer can make you one or you can make one yourself. Email them, and if they're not a scammer they would sign it. Then you could contact PayPal in case of refund with this contract that person signed with their REAL information + their username and PayPal acc.
Ask for CRYPTOCURRENCY or set up a private XMR <your crypto currency> wallet. Few people really use crypto though.
DMCA them in case they use your art after refusing to pay you. Keep reverse-searching (Google Lens/Images) your art after getting scammed. As long as you have screenshots of the conversation with the client, you have all rights to do so.
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darkmaga-returns · 1 month ago
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People continue to ask if Bitcoin will replace the dollar. They believe that the recent surge in Bitcoin indicates that it will topple the USD as the world’s reserve currency, but that is merely propaganda. You must understand that Bitcoin is simply a trading vehicle, not a currency. I cannot stress that point enough. My opinion has been unpopular, and clients have walked away due to my stance on crypto. That’s fine, as I am not in this for the money. I can only adequately inform my clients of the unbiased truth and hope that those willing to listen will heed the computer’s warnings.
To begin with, there is much speculation about the founder(s) — Satoshi Nakamoto – who created Bitcoin (BTC) on June 3, 2009. The mystery person or group (or government agency) has been MIA since 2011. Yet 1 million Bitcoins remain in their original account, untouched. His wallet is estimated to be worth over $81 billion at the time of this writing, and if this is indeed an individual, he or she is one of the top 15 richest people in the world. They have never moved a fraction of a BTC from their account. So, one wallet contains 5% of all mined bitcoin. Will this person or entity perpetually hold?
They expect us to believe some mysterious Japanese man created the blockchain technology and simply evaded all world governments. They claim Bitcoin is an anti-government vehicle, but it is a bureaucrat’s dream because it allows them to track where funds are coming from and going. In 1996, the US government released a white paper entitled, “How to make a mint: the cryptography of anonymous electronic cash.” Released by the National Security Agency Office of Information Security Research and Technology, this document explains how a government agency could create something like Bitcoin or another cryptocurrency. They had been attempting to create one for years and then magically Bitcoin came on the scene.
I encourage anyone interested in crypto to read my article regarding this study. Blockchain was created with surveillance at the top of mind.
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knuckle · 2 years ago
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Watched this very fascinating interview on NFTs where the guy who downloaded a bunch of them explained that
1) NFTs are often not actual images. They are hyperlinks TO images stored on web 2.0 not blockchain that can be replaced at any time due to being mostly on image hosting sites
2) the Blockchain only feels anonymous because not many people use it. Since everything is visible to everyone the crypto utopia people dream about would be no better than having everyone's bank account transactions visible with a "wallet" name trying to thinly veil anonymity
3) things like doxxing info, revenge porn, etc, can be forced into someone's wallet if someone with enough money time and malice wants to put it there and there is no way you can remove it yourself because of how Blockchain works
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cryptoolivia · 2 months ago
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What is USDT (Tether)? Is it a scam? (A must-read for beginners)
If you're new to cryptocurrency, you've likely heard of "USDT" or "Tether." In the news, phrases like "USDT scam" or "Tether money laundering" frequently appear, causing many newcomers to doubt the legitimacy of USDT. So, what exactly is USDT, and is it a scam? This article will explain what USDT is, its uses, and how to avoid potential scams involving it.
What is USDT (Tether)?
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USDT, short for Tether, is a cryptocurrency issued by Tether Limited. Similar to other cryptocurrencies like Bitcoin or Ethereum, USDT is a virtual currency. What sets USDT apart is its 1:1 peg to the US dollar, making it a "stablecoin." In other words, 1 USDT typically equals 1 USD (with slight fluctuations). USDT is designed to function as a digital version of the dollar and is commonly used as a stable store of value in cryptocurrency trading.
Launched in 2014 under the name Realcoin, later rebranded as Tether, USDT's goal was to offer a digital asset backed by traditional currencies (primarily the US dollar), helping cryptocurrency users avoid the extreme volatility of other digital currencies. Tether operates by claiming that for every 1 USDT issued, the company holds an equivalent value in USD or other assets in reserve, thus maintaining its stable value.
Why is USDT often linked to scams?
USDT itself is not a scam; it is a legitimate cryptocurrency. The reason we often hear about "USDT scams" is that fraudsters prefer to use USDT's stability and widespread use in their schemes.
Because 1 USDT is roughly equal to 1 USD and is widely accepted across major crypto exchanges, scammers frequently use fake platforms or fraudulent investment opportunities to trick victims into buying or transferring USDT. Since USDT can be quickly converted into fiat currency or other cryptocurrencies, it's a preferred tool for scammers. However, this doesn't make USDT a scam in and of itself.
How do scammers use USDT to commit fraud?
Common methods include:
Fake exchanges: Scammers create fake cryptocurrency exchanges to steal users' personal information and funds. They may lure you into buying USDT, but you soon realize that the USDT is either fake or nonexistent.
Impersonating customer service or friends: Through social media or phishing, scammers impersonate customer service representatives or friends, tricking you into buying USDT and transferring it to them under the guise of investment or transaction needs. In reality, your funds vanish.
Phishing websites: Fraudsters create fake websites, appearing identical to official platforms, to trick users into entering their wallet private keys or passwords, enabling them to steal USDT.
How to avoid USDT-related scams?
Use trusted exchanges: Always purchase USDT through reputable cryptocurrency exchanges (such as Binance, OKX, Bitget, gate·io, bybit). These platforms are highly regulated and more secure.
Be wary of false investment opportunities: Any promise of "high returns with zero risk" should be viewed skeptically. The crypto market is highly volatile, and promises of quick profits often signal scams.
Avoid clicking on suspicious links: If you receive unfamiliar links, especially those encouraging you to buy USDT or make transactions, exercise caution to avoid phishing traps.
Does USDT always maintain a 1:1 peg to the USD?
While USDT is intended to maintain a 1:1 peg with the US dollar, slight fluctuations may occur during periods of market stress or loss of confidence in Tether's reserves. However, most of the time, USDT remains stable at around 1 USD.
For other currencies like TWD or HKD, the USDT exchange rate is influenced by market demand. In domestic markets, USDT prices may slightly differ from the direct USD exchange rate, depending on supply and demand dynamics.
Where can you buy USDT?
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Through regulated cryptocurrency exchanges: The safest way to purchase USDT is through reputable global exchanges, which support various payment methods, including bank transfers and credit cards.
OTC (Over-the-Counter) dealers: In certain regions like Hong Kong, you can buy USDT at physical stores. However, exercise caution as not all stores are regulated, and scams do exist.
Avoid private transactions: Refrain from purchasing USDT through unofficial channels or individual sellers, especially those involving cash deals, as these carry high risks of fraud or theft.
Common Questions (FAQ)
How is USDT different from other cryptocurrencies? USDT is a stablecoin, meaning its value is relatively stable (around 1 USD), while other cryptocurrencies like Bitcoin or Ethereum are highly volatile. USDT is typically used as a store of value in crypto trading, while Bitcoin, for example, is more suitable for investment.
Is USDT safe? USDT itself is safe, but due to its popularity, scammers often use it in fraudulent schemes. Always use trusted platforms to purchase USDT and remain vigilant.
Why does USDT sometimes "de-peg"? USDT can experience minor fluctuations when market confidence in Tether's reserves wanes or in times of market stress. However, these instances are usually temporary.
Is USDT a good investment for beginners? USDT is not typically seen as an investment but rather as a stable store of value. It's more like a "digital dollar" in the crypto market, ideal for transferring value rather than speculating.
Conclusion
USDT is not a scam; it's a widely used stablecoin, designed to maintain a 1:1 value with the US dollar. However, due to its popularity, it is often used by scammers as a tool for fraud. To avoid being scammed, always purchase USDT through official channels and be cautious of investment offers. Remember, all investments carry risks, and caution is key to protecting your assets.
Through this article, I hope you now have a clearer understanding of USDT and how to avoid scams involving it. If you have further questions, feel free to reach out.
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mostafizux24 · 3 months ago
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Crypto trading mobile app
Designing a Crypto Trading Mobile App involves a balance of usability, security, and aesthetic appeal, tailored to meet the needs of a fast-paced, data-driven audience. Below is an overview of key components and considerations to craft a seamless and user-centric experience for crypto traders.
Key Elements of a Crypto Trading Mobile App Design
1. Intuitive Onboarding
First Impressions: The onboarding process should be simple, guiding users smoothly from downloading the app to making their first trade.
Account Creation: Offer multiple sign-up options (email, phone number, Google/Apple login) and include KYC (Know Your Customer) verification seamlessly.
Interactive Tutorials: For new traders, provide interactive walkthroughs to explain key features like trading pairs, order placement, and wallet setup.
2. Dashboard & Home Screen
Clean Layout: Display an overview of the user's portfolio, including current balances, market trends, and quick access to popular trading pairs.
Market Overview: Real-time market data should be clearly visible. Include options for users to view coin performance, historical charts, and news snippets.
Customization: Let users customize their dashboard by adding favorite assets or widgets like price alerts, trading volumes, and news feeds.
3. Trading Interface
Simple vs. Advanced Modes: Provide two versions of the trading interface. A simple mode for beginners with basic buy/sell options, and an advanced mode with tools like limit orders, stop losses, and technical indicators.
Charting Tools: Integrate interactive, real-time charts powered by TradingView or similar APIs, allowing users to analyze market movements with tools like candlestick patterns, RSI, and moving averages.
Order Placement: Streamline the process of placing market, limit, and stop orders. Use clear buttons and a concise form layout to minimize errors.
Real-Time Data: Update market prices, balances, and order statuses in real-time. Include a status bar that shows successful or pending trades.
4. Wallet & Portfolio Management
Asset Overview: Provide an easy-to-read portfolio page where users can view all their holdings, including balances, performance (gains/losses), and allocation percentages.
Multi-Currency Support: Display a comprehensive list of supported cryptocurrencies. Enable users to transfer between wallets, send/receive assets, and generate QR codes for transactions.
Transaction History: Offer a detailed transaction history, including dates, amounts, and transaction IDs for transparency and record-keeping.
5. Security Features
Biometric Authentication: Use fingerprint, facial recognition, or PIN codes for secure logins and transaction confirmations.
Two-Factor Authentication (2FA): Strong security protocols like 2FA with Google Authenticator or SMS verification should be mandatory for withdrawals and sensitive actions.
Push Notifications for Security Alerts: Keep users informed about logins from new devices, suspicious activities, or price movements via push notifications.
6. User-Friendly Navigation
Bottom Navigation Bar: Include key sections like Home, Markets, Wallet, Trade, and Settings. The icons should be simple, recognizable, and easily accessible with one hand.
Search Bar: A prominent search feature to quickly locate specific coins, trading pairs, or help topics.
7. Analytics & Insights
Market Trends: Display comprehensive analytics including top gainers, losers, and market sentiment indicators.
Push Alerts for Price Movements: Offer customizable price alert notifications to help users react quickly to market changes.
Educational Content: Include sections with tips on technical analysis, crypto market basics, or new coin listings.
8. Social and Community Features
Live Chat: Provide a feature for users to chat with customer support or engage with other traders in a community setting.
News Feed: Integrate crypto news from trusted sources to keep users updated with the latest market-moving events.
9. Light and Dark Mode
Themes: Offer both light and dark mode to cater to users who trade at different times of day. The dark mode is especially important for night traders to reduce eye strain.
10. Settings and Customization
Personalization Options: Allow users to choose preferred currencies, set trading limits, and configure alerts based on their personal preferences.
Language and Regional Settings: Provide multilingual support and regional settings for global users.
Visual Design Considerations
Modern, Minimalist Design: A clean, minimal UI is essential for avoiding clutter, especially when dealing with complex data like market trends and charts.
Color Scheme: Use a professional color palette with accents for call-to-action buttons. Green and red are typically used for indicating gains and losses, respectively.
Animations & Micro-interactions: Subtle animations can enhance the experience by providing feedback on button presses or transitions between screens. However, keep these minimal to avoid slowing down performance.
Conclusion
Designing a crypto trading mobile app requires focusing on accessibility, performance, and security. By blending these elements with a modern, intuitive interface and robust features, your app can empower users to navigate the fast-paced world of crypto trading with confidence and ease.
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allweb3 · 1 year ago
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Cryptocurrency for Beginners: Essential Insights and Guidance
Cryptocurrency, a digital and decentralized form of money, has transformed the way we think about finance and technology.
For beginners, navigating the world of cryptocurrency can be both exciting and overwhelming.
This article serves as a comprehensive guide, offering beginners insights into the fundamental aspects, benefits, risks, and practical steps to get started in the cryptocurrency realm.
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Understanding Cryptocurrency: The Basics
At its core, cryptocurrency is a digital or virtual form of currency that utilizes cryptographic techniques to secure transactions and control the creation of new units.
Unlike traditional currencies issued by governments and central banks, cryptocurrencies operate on decentralized networks, typically based on blockchain technology.
1. How Cryptocurrencies Work
Cryptocurrencies operate on blockchain technology, which is a distributed and immutable ledger that records all transactions.
Each transaction is grouped into a "block," and these blocks are linked together, creating a chain of information.
This decentralized nature ensures transparency, security, and resistance to censorship as Perseus Crypto explains it nicely.
2. Key Cryptocurrency Concepts
Blockchain: A decentralized ledger that records all transactions in a secure and transparent manner.
Wallet: A digital tool that stores your cryptocurrency holdings, enabling you to send, receive, and manage your coins.
Private and Public Keys: Cryptographic keys that grant access to your cryptocurrency. The public key is like an address, while the private key is your password.
Mining: The process of validating transactions and adding them to the blockchain using powerful computers and solving complex mathematical puzzles.
Benefits of Cryptocurrency
1. Financial Inclusion: Cryptocurrencies enable access to financial services for the unbanked and underbanked populations around the world.
2. Decentralization: Cryptocurrencies operate on decentralized networks, reducing the influence of central authorities and intermediaries.
3. Security: Blockchain's cryptographic techniques ensure secure transactions and protection against fraud and hacking.
4. Transparency: Transactions on a blockchain are public and transparent, enhancing accountability.
5. Borderless Transactions: Cryptocurrencies enable fast and low-cost cross-border transactions.
6. Potential for Growth: Some cryptocurrencies have experienced significant price appreciation, offering opportunities for investment growth.
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Risks and Considerations
1. Volatility: Cryptocurrency prices can be highly volatile, leading to rapid and unpredictable value changes.
2. Security Concerns: Cryptocurrencies are susceptible to hacking, scams, and phishing attacks. Secure storage is crucial.
3. Regulatory Environment: Regulations for cryptocurrencies vary by jurisdiction and can impact their legality, taxation, and use.
4. Lack of Understanding: The complexity of the technology and market can lead to uninformed decisions.
5. Lack of Regulation: The decentralized nature of cryptocurrencies means there may be no recourse for fraudulent activities or disputes.
Getting Started with Cryptocurrency
1. Education Is Key
Before investing in or using cryptocurrencies, educate yourself about the technology, terminology, and potential risks.
Numerous online resources, courses, and communities provide valuable insights.
2. Choose the Right Cryptocurrency
Research different cryptocurrencies to understand their purposes, use cases, and market trends.
Bitcoin, Ethereum, and others have distinct features and applications.
3. Select a Reliable Exchange
Choose a reputable cryptocurrency exchange to buy, sell, and trade cryptocurrencies.
Look for factors like security measures, fees, user-friendliness, and available coins.
4. Secure Your Investments
Use strong, unique passwords for your exchange accounts and enable two-factor authentication (2FA).
Consider using hardware wallets for enhanced security.
5. Start Small and Diversify
For beginners, start with a small investment you can afford to lose.
Diversify your investments across different cryptocurrencies to manage risk.
6. Stay Informed
Stay updated with the latest news and trends in the cryptocurrency space.
Follow reputable cryptocurrency news websites, blogs, and social media accounts.
7. Avoid FOMO and Emotional Decisions
Fear of missing out (FOMO) and emotional decisions can lead to impulsive actions.
Stick to your investment strategy and avoid making decisions solely based on short-term price movements.
8. Be Prepared for the Long Term
Cryptocurrency investments are often more successful with a long-term perspective.
Avoid making decisions based on daily market fluctuations.
Conclusion
As you embark on your journey into the world of cryptocurrency, remember that education and caution are your best allies.
Understand the technology, the benefits, and the risks before making any investment decisions.
With the right knowledge and a thoughtful approach, you can navigate the complex and dynamic cryptocurrency landscape, potentially harnessing its benefits and contributing to the evolution of modern finance.
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yourbenefit31 · 2 years ago
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How To Become Rich by Investing in Crypto - This article explains how to earn your way to riches in the crypto space and become a miner. Crypto miners are rewarded with coins by validating transactions on the blockchain. To do so, they must solve extremely complicated mathematical equations, which requires extensive computing power.
How People Actually Make Money From Cryptocurrencies - This article explains how people actually make money from cryptocurrencies and how to make money on cryptocurrency that’s just sitting in your crypto wallet: staking and yield farming.
How to Make Money with Bitcoin and How to Get Rich with BTC - This article explains how to make money with Bitcoin and how to get rich with BTC. Crypto is a volatile asset, and you will need a combination of knowledge, starting funds, and quite a lot of luck to become rich using Bitcoin. That said, it is easier to make money using Bitcoin than traditional stocks – there’s a lot more profit to be earned due to higher price volatility. invest in yourself now
#learning #education #learn #school #motivation #english #love #study #teaching #alpha #students #teacher #knowledge #crypto #fun #training #success #children #art #money #freedom #life #inspiration #bitcoin #onlinelearning #business #earning #language #learnenglish #growth
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leam1983 · 1 year ago
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What I've always found awkward about this is that the whole concept of using Real Estate as an investment is a very Modern-Day Han Chinese idea, and it's rooted in parts of Chinese folklore that aren't inherently toxic. What is is that some unscrupulous investors realized that folklore and economics could undergo a weird shift in China's specific case - and the rest of the world's Real Estate scene more or less caught the bug.
I'll explain: in China, it's considered bad luck for a Real Estate promoter to sell a fully-furnished lot, or a lot that's so much as ready to decorate. It's commonplace for only "demo" flats to be fully finished and for the rest of a complex's units to be left as bare concrete and exposed wires - because the purchaser will want to finish it themselves. Folklore demands that you "finish off" your new house, essentially, so only your energies influence its final form.
Consequently, it isn't unusual for architectural firms in China to erect what effectively looks like gigantic chicken coops, as you're looking at the concrete bones of an unfinished apartment complex that's waiting to be wholly purchased. Immigrants move to Canada, they realize that our Real Estate market, pre-pandemic, was extremely favorable, and so they opt to try and do as close to this as possible, within the limits of Canada's own laws regarding new residential developments. What they can do amounts to buying entire towers and sitting on them as an investment.
That gets you something that's now common well outside of the Han Chinese diaspora, which is someone swiping entire projects off the map and nodding their heads no once the city's administration steps in, demanding lot access for a few Public Housing programs.
The responses are usually infuriating. "Nope, I'm holding onto these units for my family" is a common one, when a little digging makes it obvious that nobody who's close to the promoter has any intention of emigrating to Canada. The groups that started it can at least claim a focus on folklore or good luck or what have you, but the more recent ones are entirely and knowingly treating entire blocks like crypto wallets.
The message is pretty clear: "Fuck your housing crisis, I'm holding out for the whales that're going to give me six million a pop for these units in three to four years."
Under the new rules, homes that are not occupied for at least six months of the year are subject to a tax of one per cent of the property’s assessed value. The deadline to rent out empty dwellings was July 1.
Fazli said many of the people he has talked to are thinking of renting or selling their properties. He recently met with a woman who owns three empty properties in Vancouver — and says one of them is now listed for rent, another will be listed shortly and she is thinking of selling the third.
“This is a scenario of someone who is kind of in a panic now and needs to rent them out,” he said. […]
amazing
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36crypto · 1 day ago
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Binance CEO CZ Issues Critical Warning on Crypto Security Practices
Changpeng Zhao, widely known as CZ, the CEO of Binance, has emphasized a significant yet often overlooked security risk in cryptocurrency management. His advice focuses on the dangers of inheriting cryptocurrency by accepting hardware wallets or private keys from another party. This practice, CZ explains, introduces serious vulnerabilities that could jeopardize the security of digital assets. The…
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generalllamacolor · 3 days ago
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Unlocking the Power of BIP39: A Thorough Take A Look At Word Lists and Secure Wallets
Introduction
In the ever-evolving landscape of cryptocurrency, ensuring safe storage is paramount. Among one of the most dependable techniques for protecting electronic possessions is via making use of mnemonic phrases created by the BIP39 standard. This short article dives deep into the complexities of BIP39, discovering its value, applications, and how it encourages individuals to manage their purses firmly. By unraveling the elements related to BIP39, consisting of word listings and passphrases, we intend to offer a detailed understanding that will certainly equip you with the understanding needed to browse this crucial aspect of cryptocurrency management.
Unlocking the Power of BIP39
BIP39 means Bitcoin Renovation Proposition 39, which introduces a means to develop mnemonic phrases for producing deterministic budgets. This technique has actually revolutionized just how customers back up their crypto properties. Yet exactly what does this entail?
Understanding BIP39: The Basics
BIP39 permits customers to transform an arbitrary seed into an easily unforgettable phrase composed of typical BIP39 for Cold Wallets words from a predefined list. This process significantly streamlines purse healing instead of relying solely on cryptographic keys, which can be complicated and unwieldy.
Why Usage BIP39?
The key factor for making use of BIP39 is protection. It not just offers enhanced functionality but also guarantees that your mnemonic phrases are directly connected to your wallet's private keys. Moreover, making use of a passphrase along with your mnemonic can add an added layer of protection.
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The Duty of BIP39 Word Lists
A critical element in comprehending BIP39 lies in its word listings. Each word acts as a foundation for creating mnemonics that generate deterministic wallets.
What Are BIP39 Word Lists?
The BIP39 word checklist makes up 2048 special words attracted from different languages. These words were meticulously picked to reduce confusion and improve memorability.
How Are Word Lists Generated?
Each word represents a details index number used throughout the generation procedure. When producing a mnemonic phrase, these indices incorporate to develop a complete seed that can be made use of in numerous wallets.
Exploring the Features of BIP39 Wallets
BIP39 wallets are identified by their capability to obtain multiple addresses from a solitary seed expression. This function enhances both personal privacy and convenience.
Deterministic Budgets Explained
Deterministic pocketbooks make use of formulas based on your mnemonic expression to produce keys deterministically. This means you can recreate your whole wallet merely by keeping in mind or safely saving your mnemonic phrase.
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Benefits of Using a Passphrase with BIP39
Adding a passphrase supplies an added layer of safety and security-- making it even harder for unauthorized individuals to access your funds need to they obtain your mnemonic phrase.
Creating Your Own BIP39 Mnemonic Phrase
Now that we have actually checked out the fundamental ideas surrounding BIP39, let's explore how you can develop your very own mnemonic expressions effectively.
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fhjdbvhj · 4 days ago
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10 Best Crypto to Buy Now for 2025
The crypto bull market has finally arrived, with Bitcoin recently surpassing the $100,000 level. The good news, however, is that the existing cycle has only just started, meaning you still have time to secure favorable prices. 
But what is the best crypto to buy in 2025, considering millions of digital assets exist? Read on to explore 10 hand-picked projects, each offering a unique aspect and upside potential. We also explain how beginners can identify projects before they explode. 
best crypto to buy now for 2025
Here’s a list of the best crypto to buy for the 2025 cycle:
Wall Street Pepe (WEPE) – The Overall Best Cryptocurrency to Invest in Today [$3 Million+ in Presale Funding]
Crypto All-Stars (STARS) – Cross-Bridge Staking Ecosystem for the World’s Leading Meme Coin Projects
Best Wallet (BEST) – Secure Wallet Application With Self-Custody Storage and Crypto Investing Features  
Catslap (SLAP) – Fair-Launch Meme Coin Based on a Slapping Cat With 60x Returns in Two Weeks  
Flockerz (FLOCK) – Trending DAO-Based Meme Project With Over $5 Million Raised in the Ongoing Presale
Pepe Unchained (PEPU) – The Largest Presale Campaign in 2024 With Just One Day Left Until Completion
Bitcoin (BTC) – The World’s Biggest and Most Recognized Crypto by Adoption and Institutional Interest
SushiSwap (SUSHI) – Undervalued Decentralized Exchange Governance Token With Monthly Gains of 225% 
Toncoin (TON) – Invest in One of the Fastest-Growing Layer-1 Blockchains With Telegram Endorsement
GMT (GMT) – Established Move-to-Earn Ecosystem With Tokenized Rewards and NFT Upgrades
Best Cryptocurrency to Invest in – Our Analysis
We’ll now talk about the cryptocurrencies listed above in more detail. Read on to choose the top crypto to invest in for your portfolio. 
1. Wall Street Pepe (WEPE) – The Overall Best Cryptocurrency to Invest in Today [$3 Million+ in Presale Funding]
Wall Street Pepe is our overall top pick, especially for presale investors. This meme coin project offers real-world utility. Anyone holding its native token, WEPE, has access to the alpha trading channel. This provides 100x picks via real-time signals, ensuring even beginners can outperform crypto whales. 
Holders can also access the WEPE Army, a Telegram collective for sharing crypto strategies and success stories. Extras WEPE tokens are up for grabs, with weekly competitions rewarding the most accurate trading ideas. 
Another plus point is that WEPE offers competitive staking rewards without long lock-up periods. The APY is currently 171% with flexible withdrawals. Although the presale launched recently, over $3 million has already been invested. The total token supply is 200 billion WEPE, and 20% (40 billion) has been allocated to the presale. 
2. Crypto All-Stars (STARS) – Cross-Bridge Staking Ecosystem for the World’s Leading Meme Coin Projects
Crypto All-Stars solves a pressing issue in the blockchain industry – cross-chain staking for meme coins. In a nutshell, its innovative “MemeVault” protocol offers competitive APYs across multiple blockchain ecosystems. This means investors can stake all of their meme coin holdings in one place, rather than needing to use multiple platforms. 
For example, investors can stake Bonk, dogwifhat, and Popcat from the Solana ecosystem. Not to mention Brett and Toshi from Base. Ethereum-based meme coins like Shiba Inu and FLOKI are supported, too. 
Crypto All-Stars offers higher staking payouts when holding STARS, incentivizing investors to buy its native token. While the MemeVault is still in development, this is reflected in the presale valuation. Those investing today will pay just $0.0016782 per STARS, which is discounted from the listing price. Just 11 days are left until the presale ends. 
3. Best Wallet (BEST) – Secure Wallet Application With Self-Custody Storage and Crypto Investing Features
Best Wallet has revolutionized the crypto wallet space. It proves that wallet ecosystems can do more than just store crypto assets securely. On the contrary, Best Wallet offers a comprehensive range of features, ensuring that third-party providers are no longer required. This is because everything is accessible within the Best Wallet app. 
For example, users can swap tokens from over 60 blockchains, including Solana, BNB Chain, Ethereum, and Arbitrum. Best Wallet has also added fiat on-ramp providers, allowing purchases and sales with convenient payment methods. 
Other key features (some are in development) include staking aggregation, perpetual futures trading, crypto gambling, NFT galleries, and access to pre-vetted launches. BEST, the project’s ecosystem token, is available now in presale. The current discounted price is $0.023025, and over $3 million has been raised so far.
4. Catslap (SLAP) – Fair-Launch Meme Coin Based on a Slapping Cat With 60x Returns in Two Weeks
Catslap (SLAP) has been the best crypto to buy in the past fortnight. Since its fair launch on November 25th, Catslap has increased by over 60x. Its all-time high of $0.01014 was achieved five days ago, so those buying today can capitalize on the temporary market correction. Currently, an all-time high discount of over 30% is available. 
In addition, although Catslap has already produced substantial returns, it has a market capitalization of just $31 million. The project aims to become the leading cat meme coin, so a significant upside could be in the making. 
After all, the cat-themed niche is now a multi-billion dollar ecosystem, with popular projects including Popcat and cat in a dogs world. According to Etherscan data, Catslap already has over 16,000 token holders. This is based on two weeks of trading, so early signs suggest that Catslap could be one of the best cryptocurrencies to invest in. 
5. Flockerz (FLOCK) – Trending DAO-Based Meme Project With Over $5 Million Raised in the Ongoing Presale
Some analysts claim that Flockerz could also be the best crypto to buy, especially considering the recent success of meme coins. It’s a brand-new meme project that operates as a decentralized autonomous organization (DAO). This means project decisions are made by the community. 
To ensure transparency and consistent participation, Flockerz has created a vote-to-earn framework. This enables FLOCK holders to vote safely while also earning additional tokens. Everyone has a fair and equal say, meaning whales don’t have too much influence. 
Moreover, the vote-to-earn system requires FLOCK to be staked, so a larger percentage of tokens could be locked. This will create stable trading conditions and enable FLOCK to appreciate organically. However, the protocol isn’t live yet, as FLOCK is still running its presale. Over $5 million has been invested so far, and the current price is $0.0062995
6. Pepe Unchained (PEPU) – The Largest Presale Campaign in 2024 With Just One Day Left Until Completion
Pepe Unchained is another meme coin with identifiable features and use cases. It offers a layer-2 solution for Pepe, providing a fast and low-cost alternative to Ethereum. Pepe Unchained has created a user-friendly bridge, enabling Pepe holders to join its network without requiring technical know-how. 
Pepe Unchained’s network will also expand into other areas, ensuring it’s well-positioned for the Web 3.0 era. It’s inviting skilled developers to build decentralized applications (dApps), with grants available for the most innovative ideas. 
Pepe Unchained also invites crypto degens to its ”Pump Pad”. This enables users to launch a new meme coin in just two clicks, with anti-rug security included. Crucially, Pepe Unchained is about to complete one of the largest presales in recent years, with over $73 million raised. Investors have just one more day to join the presale before it ends. 
7. Bitcoin (BTC) – The World’s Biggest and Most Recognized Crypto by Adoption and Institutional Interest
Bitcoin should be held by every crypto investor, considering it’s the largest project across most measurable metrics. This includes holders, market capitalization, adoption, recognition, and institutional interest. What’s more, Bitcoin was the original crypto asset when it launched in 2009. Unlike most projects, it’s completely decentralized and secure. 
This makes Bitcoin an attractive choice for long-term holders. While Bitcoin’s upside is lower than presale and small-cap projects, it still offers untapped potential. ARK Invest, for example, believes that Bitcoin will surpass $1 million by 2030. 
This would provide an upside of at least 10x based on current prices. Bitcoin is also the most liquid crypto asset and the least volatile. This means it’s easy to buy Bitcoin, as well as sell it, even for beginners. Crucially, the Bitcoin supply will never exceed 21 million, so it’s a finite asset with store-of-value characteristics. 
8. SushiSwap (SUSHI) – Undervalued Decentralized Exchange Governance Token With Monthly Gains of 225%
SushiSwap is an established decentralized exchange (DEX) that primarily supports Ethereum-based tokens. That said, it also supports other networks, including fast-growing layer-2s like Base, Arbitrum, and Blast. SushiSwap uses liquidity pools when exchanging tokens, ensuring a decentralized and anonymous experience. 
Moreover, market prices are determined by the automated market maker (AMM) framework, so traditional order books aren’t needed. SushiSwap makes money from trading commissions, so it runs a self-sufficient ecosystem. 
The best way of gaining exposure to SushiSwap’s growth is SUSHI, the project’s native token. Many analysts argue that SushiSwap is undervalued, considering the potential market size of DEX trading. Its market capitalization is currently just $631 million. Even so, SushiSwap has increased by 225% in the past month, so momentum is on its side. 
9. Toncoin (TON) – Invest in One of the Fastest-Growing Layer-1 Blockchains With Telegram Endorsement
Toncoin’s fundamentals couldn’t be stronger. This layer-1 blockchain not only offers fast, scalable, and low-cost transactions but is also designed and endorsed by Telegram. This is massive, considering Telegram is used by about 1 billion people globally. As such, Toncoin is “unofficially” Telegram’s native ecosystem coin. 
This is supported by Telegram’s in-built wallet, which enables users to send and receive TON. Moreover, TON is the platform’s reward currency when paying content creators. These characteristics make TON one of the best cryptos to buy today. 
In terms of price performance, Toncoin has increased by 177% in the past year. And 25% in the prior month. It currently trades about 20% below all-time highs. The main drawback is Toncoin’s mammoth market capitalization of over $16 billion. Nonetheless, this could represent a small fraction of its potential, considering its ties with Telegram. 
10. GMT (GMT) – Established Move-to-Earn Ecosystem With Tokenized Rewards and NFT Upgrades
The final option to consider is GMT, the native token backing STEPN. In a nutshell, STEPN is an established move-to-earn ecosystem. It enables users to earn tokenized rewards when moving, whether that’s a brief walk or a fully-fledged run. This shows that blockchain technology can be a great contributor to health and well-being. 
Moreover, STEPN also offers NFT upgrades, such as virtual sneakers. These allow users to amplify their GMT earnings, where movement is rewarded at a faster pace. NFTs can be traded via the online marketplace, with prices based on their rarity. 
All ecosystem features can be accessed on the STEPN app for iOS and Android, This ensures a user-friendly experience and a global audience. Those buying GMT have direct exposure to STEPN’s move-to-earn framework. GMT, which has a market capitalization of $570 million, is up almost 58% in the past month. However, GMT now trades 95% below all-time highs.
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blockinsider · 14 days ago
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Is Google’s Willow Quantum Chip a Threat to Bitcoin’s Dominance?
Key Points
Google’s subsidiary, Alphabet Inc, has introduced a new quantum chip named Willow.
Despite concerns, experts believe Willow is not powerful enough to pose a threat to Bitcoin’s security.
Alphabet Inc, under Google, has launched Willow, its newest quantum chip. There is speculation that Willow could potentially disrupt Bitcoin’s dominance due to its impressive capabilities.
Willow’s Quantum Capabilities
Willow, developed by Google, is a highly potent quantum supercomputer. It can perform certain computational tasks in just five minutes, tasks that would take classical supercomputers 10 septillion years. This duration is significantly larger than the entire existence of the world, which is 13.8 billion years.
The American multinational corporation has described Willow as a “state-of-the-art” chip. It showcases error correction and performance, setting the stage for a functional, large-scale quantum computer. This level of sophistication could render passwords obsolete.
Encrypted messages could easily be intercepted, including nuclear weapon codes. Essentially, anything with a secret key could easily be unlocked through brute-forcing combinations of numbers and letters.
Many believe that Willow has the potential to crack Bitcoin’s complex math algorithm SHA-256, thereby compromising the network.
Willow’s power lies in its qubits, which can reach up to 105, equivalent to improved error rates. Unlike traditional bits that represent either a 0 or 1, qubits can represent both simultaneously due to quantum phenomena like superposition and entanglement.
The presence of qubits allows quantum computers to run at a very high speed, performing multiple calculations at once. They could eventually solve problems currently intractable for classical computers.
However, Bitcoin’s SHA-256 for mining and ECDSA for signatures are believed to be highly vulnerable to quantum decryption.
Bitcoin Remains Unthreatened
Despite these concerns, some experts believe that Willow’s threat to Bitcoin is unfounded. Based on their analysis, Google’s latest quantum computing chip needs to be even more powerful to pose a risk, at least not yet. Therefore, Bitcoin might not face any immediate risks.
“Experts estimate you’d need about 1 million high-quality qubits to make a dent in Bitcoin’s security,” explained Cinemad Producer, a pseudonymous analyst and tech expert.
Therefore, even as advanced as Willow, quantum computers lack the necessary scale or error correction capabilities to decrypt widely used encryption methods immediately. They hardly stand a chance against RSA, ECC used in Bitcoin transactions, or even AES in securing data.
Should quantum computers reach a scale that can factor in large numbers, they could break these encryption schemes. This would compromise wallet security and transaction integrity. Until then, Bitcoin faces no immediate challenge.
Meanwhile, Bitcoin’s price briefly dipped, losing some of its gains in heavy crypto liquidations. From trading at over $97,000 during the early hours of Monday, the firstborn crypto asset plunged to $94,000. Since then, BTC price has recovered slightly and is currently trading at $97,304.83.
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cryptoairdrop101 · 2 months ago
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How to Claim Starknet Airdrop to Get Free Crypto?
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Secure your free Starknet Airdrop with our detailed guide, while taking advantage of various crypto airdrops opportunities. Maximize your rewards and join the crypto revolution today
If you are curious about the world of holder airdrops and governance tokens, the Starknet Airdrop! This guide will simplify the process for you, explaining how to take part in this airdrop and what you can anticipate.
Starknet Airdrop: Step By Step Guide To Claim
👉 Step 1: Visit the Official Airdrop Page.
Keep an eye on official Starknet NETWORK announcements, social media, and project updates to be aware of upcoming airdrop events.
👉 Step 2: Check Eligibility
Ensure you meet any eligibility criteria specified for the airdrop, such as minimum token holdings or specific tasks.
👉 Step 3: Follow Instructions
Follow the instructions provided for participating in the airdrop. This may involve connecting your wallet, confirming participation, or completing certain tasks.
👉 Step 4: Hold Starknet Tokens
Hold the required amount of Starknet tokens in your wallet to qualify for the airdrop. Verify the duration and any other specific conditions.
👉 Step 5: Confirm Participation
Confirm your participation through designated channels or within your wallet interface.
👉 Step 6: Await Token Distribution
After confirming, patiently await the distribution of free tokens and any additional rewards.
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Level Up Your Crypto Airdrop Experience
Engage in Governance: If governance tokens are part of the airdrop, actively participate in decision-making processes to contribute to the project’s growth.
Stay Active in the Community: Enhance your involvement by participating in discussions, forums, and community events related to Starknet NETWORK.
Share the Excitement: Spread the word about the airdrop within the crypto community to create awareness and attract more participants.
Starknet Network Airdrops
Starknet Network airdrops are extraordinary events within the crypto space where free tokens are distributed to existing holders of the Starknet token. These airdrops serve as a unique way for the Starknet NETWORK project to recognize and reward its loyal community members.
Here is a breakdown of key aspects of Starknet Network airdrops:
1. Recognition of Community Loyalty:
Airdrops are a gesture of appreciation towards the community supporting the Starknet NETWORK project.
Existing token holders are eligible to receive free tokens as a reward for their loyalty.
2. Token Distribution:
Free tokens are distributed to participants based on their holdings of the Starknet token.
The number of tokens received in the airdrop may vary depending on factors such as the duration of holding and the overall structure of the airdrop campaign.
3. Governance and Participation:
In some cases, airdrop participants may also gain governance tokens, providing them with the opportunity to participate in the decision-making processes of the Starknet NETWORK project.
This enhances the sense of community involvement and empowers token holders to have a voice in shaping the future of the project.
4. Community Building:
Starknet Airdrop initiative crypto airdrops play a crucial role in fostering community growth and engagement.
By rewarding existing holders, the project encourages a sense of belonging and active participation in the Starknet NETWORK ecosystem.
5. Unique Features and Benefits:
Each airdrop campaign may have unique features, such as additional incentives, bonuses, or exclusive opportunities for participants.
The Starknet NETWORK team may use airdrops as a strategic tool to introduce new features, gather feedback, or promote specific aspects of their project.
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Participating in Starknet Crypto Airdrops
To join an airdrop, participants typically need to follow specific instructions provided by the Starknet NETWORK project.
This may involve tasks such as holding a minimum amount of Starknet tokens, connecting wallets, and confirming participation through designated channels.
Stay Informed About the Upcoming Crypto Airdrops
It is crucial for community members to stay informed about upcoming crypto airdrops initiative airdrops by following official announcements, social media channels, and project updates.
In summary, Starknet Network crypto airdrops are not just about distributing free tokens; they are a symbiotic relationship between the project and its community, fostering loyalty, engagement, and decentralized governance.
The Starknet Airdrop Explained
The Starknet Crypto Airdrops event is exceptionally special as it delivers 500USD along with governance tokens, granting participants input into future project decisions. This airdrop is tremendously exciting for those keenly interested in decentralized finance and community-focused initiatives.
Conclusion
The Starknet Crypto Airdrops is not just about getting free crypto. It is also a chance to join a community-led token initiative and help shape the project’s future. The Starknet Crypto Airdrops offers more than just free crypto. It offers an opportunity to take part in a governance token initiative and play a part in the project’s progression. 
By staying informed and actively involved, you can maximize the benefits of this airdrop and other similar opportunities. Additionally, your involvement in decentralized finance will increase your influence. It is essential to remember that being well-informed and secure is extremely important in the world of cryptocurrencies. Remember, in the world of cryptocurrencies, being informed and secure is essential.
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lighthousenewsnetwork · 15 days ago
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LOS ANGELES—In what experts are calling a groundbreaking advancement in the field of meaningless wealth creation, the Kardashian-Jenner family announced Tuesday the launch of their own cryptocurrency, KardashianCoin, marking the first-ever digital currency backed entirely by Instagram likes and reality show ratings. The announcement, made via a synchronized interpretive TikTok dance featuring all family members, promises to "democratize being famous for being famous" while offering investors the unique opportunity to lose money in a way that's "totally cute and, like, Instagram-worthy." "We're literally revolutionizing the way people, like, invest and stuff," said Kim Kardashian during a press conference where journalists were required to use beauty filters and sign NDAs promising to only use approved crying face emojis in their coverage. "It's basically the same as regular money, except each coin features one of our iconic ugly-crying moments as an NFT." According to the project's whitepaper, written entirely in emojis and punctuated with "periodt," KardashianCoin employs a unique "Proof of Drama" consensus mechanism. Users can mine new coins by binge-watching "Keeping Up with the Kardashians" reruns, with hash rates increasing during particularly dramatic episodes involving family feuds or botched botox appointments. The cryptocurrency's value is determined by a complex algorithm incorporating Instagram engagement rates, tabloid headlines, and the family's collective lip filler volume. A special "momager" smart contract automatically diverts 10% of all transactions to Kris Jenner's digital wallet, a feature she describes as "just being a good businesswoman, sweetie." Wall Street analysts have struggled to assess KardashianCoin's actual value, with leading economist Dr. Jonathan Pierce noting, "It's the first asset we've encountered that's simultaneously overvalued and completely worthless. Somehow, that makes perfect sense for the Kardashians." The launch has sparked a gold rush among other celebrities, with Paris Hilton announcing "That's Hot Token" and Justin Bieber developing "BieberBucks." However, cryptocurrency experts warn that the celebrity token space is becoming as crowded as the Kardashians' walk-in closets. "The blockchain technology behind KardashianCoin is revolutionary," explained crypto analyst Sarah Chen. "It's the first digital ledger that can get lip fillers and requires regular maintenance by a team of beauty influencers to validate transactions." Early investors report mixed experiences. "I lost my life savings, but my KardashianCoin wallet is totally aesthetic," said Tyler Thompson, 22, who traded his entire Bitcoin portfolio for KardashianCoin. "Plus, every time I make a transaction, I get a push notification with beauty tips from Kylie." The currency faced its first major crisis yesterday when an unfiltered photo of Kylie was accidentally posted, causing the coin's value to plummet faster than a Kardashian marriage. The family quickly stabilized the market by announcing three new scandals, two divorce rumors, and a surprise pregnancy. In a twist that surprised absolutely no one, the entire cryptocurrency venture was revealed to be a storyline for the family's upcoming Hulu show, "Krypto with the Kardashians." Kris Jenner somehow still made millions from the failed venture, telling reporters, "The devil works hard, but a momager works harder." For those interested in losing money while keeping up with the Kardashians, KardashianCoin is available for purchase using traditional cryptocurrency or soul-crushing regret. Warren Buffett, reached for comment, simply sighed and said, "Finally, an investment strategy as shallow as my swimming pool." At press time, the Kardashians were already planning their next venture: a blockchain-based dating app that matches users based on their plastic surgery preferences and ability to turn family drama into profit.
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