The #1 Crypto Podcast for full reviews of cryptocurrency projects. A fun-filled hour show airing each Sunday giving you the rundown of what is good and bad about projects with a rating based on fundamentals and potential growth. Warning. This is not your average podcast. No interviews. This is a jampacked hour of education and laugh out loud moments. Disclaimer: Not Financial Advise.
Will XRP Be The Standard Of Cryptocurrency?
The first thing to know is that Ripple is both a platform and a currency. The Ripple platform is an open source protocol which is designed to allow fast and cheap transactions. Unlike Bitcoin that was never intended to be a simple payment machine, Ripple is definitely going to rule all the international transactions worldwide. Pretty ambitious, but who knows? Maybe currency exchanges will disappear in a few years like Blockbuster stores did. The platform has its own currency (XRP) but also allows everybody to use the platform to create their own via RippleNet. What is RippleNet? RippleNet is a network of institutional payment-providers such as banks and money services businesses that use solutions developed by Ripple to provide a frictionless experience to send money globally. Let’s give an example: Firstly, Mr. Jones lives in New York and has a chocolate box he doesn’t need. He is very interested to watch a baseball game, but doesn’t have a ticket. Secondly, Ms. Smith lives in Los Angeles and has a rare stamp she would like to give away for a chocolate box. Lastly, we have Mr. Brown who lives in Alaska and is looking very much for a rare stamp, and he a ticket for a baseball game in New York. In our current system, these people would probably never find each other and remain with their ‘not valuable’ valuables. But in Ripple world they could say: “Hey, I have chocolate, I want baseball” and the system will look for a shortest and cheapest combination to make it happen.
Enjin To Fuel The NFT Boom Of 2021?
Since its founding in 2009, Enjin has been deeply involved with the gaming industry. The same year, the company launched a gaming community platform called the Enjin Network and has, according to the team, grown it to more than 20 million users over the course of a decade. In 2017 following an ICO that raised $18.9 million, Enjin established itself as a blockchain ecosystem developer, building a suite of user-first blockchain products that enable anyone to easily manage, explore, distribute, and integrate blockchain assets. Built on top of an on-chain infrastructure and comprised of the Enjin Platform, Marketplace, Wallet, Beam, and other tools and services, the Enjin ecosystem aims to enable game industry businesses to increase revenue, gain a competitive edge, and innovate. Forged in gaming, Enjin’s tools and services can also be used by companies of all sizes and industries seeking to create blockchain products or utilize tokenized digital assets as part of their acquisition, retention, engagement, and monetization strategies. The Enjin ecosystem is fueled by Enjin Coin (ENJ), an Ethereum-based cryptocurrency used to directly back the value of blockchain assets. For more information, visit https://enjin.io.
Can Chainlink Get To $100 And Beyond?
Chainlink (LINK) is a decentralized oracle network which aims to connect smart contracts with data from the real world. Chainlink was developed by Sergey Nazarov, with Steve Ellis as the other co-founder. It held an ICO in September 2017, raising $32 million, with a total supply of 1 billion LINK tokens. LINK, the cryptocurrency native to the Chainlink decentralized oracle network, is used to pay node operators. Since the Chainlink network has a reputation system, node providers that have a large amount of LINK can be rewarded with larger contracts, while a failure to deliver accurate information results in a deduction of tokens. Developers describe LINK as “an ERC20 token, with the additional ERC223 'transfer and call' functionality of transfer (address, uint256, bytes), allowing tokens to be received and processed by contracts within a single transaction.” Following the 2017 $32 million LINK ICO, 32 percent of LINK tokens were sent to node operators to incentivize the ecosystem and 30 percent stayed within Chainlink for development (35 percent were sold in the public token sale)
UNISWAP - SCAM CITY OR GOOD FOR THE FUTURE?
Uniswap is an Ethereum based exchange that allows anyone to swap ERC20 tokens. Uniswap V2 launched in May 2020, enabling direct ERC20 to ERC20 swaps and adding a host of technical improvements. In September 2020, Uniswap launched its UNI governance token with an airdrop to anyone who had used the protocol before September 1. Decentralized exchanges solve many of the problems of their centralized counterparts, including the risk of hacking, mismanagement, and arbitrary fees. However, decentralized exchanges have their own problems, mainly lack of liquidity—which means a lack of amount of money sloshing around an exchange that makes trading faster and more efficient. That's where Uniswap comes in. It's trying to solve decentralized exchanges' liquidity problem, by allowing the exchange to swap tokens without relying on buyers and sellers creating that liquidity. Below we explore how Uniswap works and how it became one of the most popular decentralized exchanges on Ethereum.
Vechain - The Cryptocurrency That IS Tackling A 55 Billion Dollar Problem
eChain is an enterprise-focused blockchain ecosystem that aims to enhance supply chain management by connecting blockchain technology with the real world through 'a comprehensive governance structure, a robust economic model, and advanced IoT integration'. VeChain enables manufacturers to assign products with unique identifiers on the platform, thereby allowing participants to track the movement and provenance of products in a supply chain. Started in June 2015, VeChain describes itself as 'a pioneer of real-world applications using public blockchain technology, with international operations in Singapore, Luxembourg, Tokyo, Shanghai, Paris, Hong Kong, and San Francisco'
Zilliqa Smashes Our Ratings: A MUST Listen.
Introduced in 2017, Zilliqa (ZIL) is centered around the idea of 'Sharding' and was designed to enhance the scalability of cryptocurrency networks such as Ethereum. Sharding is analogous to the concept of 'divide and conquer', where transactions are divided into smaller groups for miners to perform parallel transactional verification. The upshot of this is the ability to reach consensus more quickly, which would increase the number of transactions in a given period. According to the white paper, transactions speed could scale to approximately 1000x that of Ethereum's network. Zilliqa’s high throughput means that developers can focus on fleshing out their ideas rather than worrying about network congestion.