TradFi Translator

DeFi is not as scary as you think it is. #Bitcoin #Ethereum

[TradFi Translator @TradFiDeFi]

9) NFT's are often art pieces. A potential future use case in the real world for NFT's is tickets to concerts or sporting events. You can get your token sent to your wallet directly, which can be literally just your ticket, as opposed to using a centralized third party exchange.

[TradFi Translator @TradFiDeFi]

1) A share of a company represents partial ownership, so if you have any shares, you are a partial owner. Does it work the same for crypto?

What do these tokens do? There are a few different kinds of tokens, let's take a look at what these are used for! 👇

[TradFi Translator @TradFiDeFi]

8) And lastly, we have Non Fungible Tokens or NFT's. Fungible essentially just means tradable. These are 1 of 1 tokens. If there is only 1 dollar or 1 Bitcoin we would be able to exchange it for anything, since we wouldn't have a way to accurately value it.

[TradFi Translator @TradFiDeFi]

9) … you invested in and believed in hasn’t changed, and the developers are still building.

Step away from the charts and don’t sweat it.

If you are sweating it, maybe you’re over invested or you don’t fully believe in what you’re buying.

[TradFi Translator @TradFiDeFi]

1) Last week the Federal Reserve raised interest rates by 25 basis points (0.25%) and some experts are predicting a 50 point hike in the next couple months.

How is this going to affect the economy and your crypto?

[TradFi Translator @TradFiDeFi]

8) Crypto may not have earnings that are devalued by inflation, but when people can make more money just saving, they are less likely to go for the riskier assets. Crypto is still regarded as one of the riskiest investments. It’s important to keep in mind that the technology…

[TradFi Translator @TradFiDeFi]

11) Layer-1 and Layer-2 scalability solutions will play a major role in a blockchains ability to handle mass adoption! If you're hoping to use or invest in a blockchain for the future read up on there scalability solutions!

#Crypto #Ethereum #Bitcoin #Layer2 #Scalability

[TradFi Translator @TradFiDeFi]

1) As #crypto becomes more popular, the scalability of a blockchain is becoming extremely important.

Integrating Layer-2's into a blockchains protocol is a very effective and popular tool for increasing the efficiency and scalability of a blockchain.

[TradFi Translator @TradFiDeFi]

10) ... each area you need. Sidechains can be specifically designed to cover each of your needs. Infrastructure for sidechains are built from the ground up and can take a substantial amount of effort.