I had to revisit this page--since i went a little deeper into crypto
i invested in a few coins on binance.us, then transferred some dollars to kucoin to buy some coins not available on binance.us
i'd read about certain crypto/coins and the projects they conduct--a lot going on--it's endless
i noticed on binance.us certain coins were being staked by the exchange and i was earning a small interest every month (like a dividend) then i noticed some of the same coins can be staked on kucoin but with a better APR--so--i moved some more funds from binance.us to kucoin to get that better staking reward
then i bought a little ATOM it's the native coin of COSMOS, an ecosystem--i'll post the link to the ecosystem
https://cosmos.network/
then through cosmos i discovered their defi platform osmosis--osmosis is a decentralized exchange (DEX) where binance.us and kucoin for the most part are centralized exchanges (CEX)
the main difference between DEX and CEX is that on a DEX you own your keys and have complete control where on a CEX they have your keys
well, like binance.us vs kucoin i noticed i can stake a couple of my coins on osmosis and earn way more then on kucoin--so--i created a keplr wallet and moved atom from kucoin to osmosis earning that higher APR through staking and investment pools
through the cosmos ecosystem i came across the akash network
https://akash.network/
the main developers basically had a company that was acquired by google and a big part of what google does is because of these guys work
right now think of akash network like amazon's AWS but for web3 and the decentralized world--when you're going from site to site you can look at the bottom of the page and see "powered by akash"
such as this--just scroll down to the bottom
https://www.junonetwork.io/
of course juno is the smart contract part of cosmos
very interesting when you get past the crypto/coin part and delve into the actual functions of this world
i can't remember who said it--mark cuban?? elon musk?? one of the big fish--anyways said no one can ignore crypto anymore specifically silicone valley and the banking industry because the smartest people in the world are now working and developing over there not here lol--thought that was interesting
is this natural business development/progress?? was it greed?? regulations?? what caused this movement?? countries and companies printing money through debt??
i don't know
oh here's another example of this world
https://brave.com/
this browser was created by the same guy who helped create mozilla/firefox
crypto-land is no joke, in fact, i think being known as crypto is almost a hinderance because it scares people--it's too broad of a term, the term alone cryptocurrencies tells you nothing--and of course it's the wild wild west with lots of bad actors
i invested in a few coins on binance.us, then transferred some dollars to kucoin to buy some coins not available on binance.us
i'd read about certain crypto/coins and the projects they conduct--a lot going on--it's endless
i noticed on binance.us certain coins were being staked by the exchange and i was earning a small interest every month (like a dividend) then i noticed some of the same coins can be staked on kucoin but with a better APR--so--i moved some more funds from binance.us to kucoin to get that better staking reward
then i bought a little ATOM it's the native coin of COSMOS, an ecosystem--i'll post the link to the ecosystem
https://cosmos.network/
then through cosmos i discovered their defi platform osmosis--osmosis is a decentralized exchange (DEX) where binance.us and kucoin for the most part are centralized exchanges (CEX)
the main difference between DEX and CEX is that on a DEX you own your keys and have complete control where on a CEX they have your keys
well, like binance.us vs kucoin i noticed i can stake a couple of my coins on osmosis and earn way more then on kucoin--so--i created a keplr wallet and moved atom from kucoin to osmosis earning that higher APR through staking and investment pools
through the cosmos ecosystem i came across the akash network
https://akash.network/
the main developers basically had a company that was acquired by google and a big part of what google does is because of these guys work
right now think of akash network like amazon's AWS but for web3 and the decentralized world--when you're going from site to site you can look at the bottom of the page and see "powered by akash"
such as this--just scroll down to the bottom
https://www.junonetwork.io/
of course juno is the smart contract part of cosmos
very interesting when you get past the crypto/coin part and delve into the actual functions of this world
i can't remember who said it--mark cuban?? elon musk?? one of the big fish--anyways said no one can ignore crypto anymore specifically silicone valley and the banking industry because the smartest people in the world are now working and developing over there not here lol--thought that was interesting
is this natural business development/progress?? was it greed?? regulations?? what caused this movement?? countries and companies printing money through debt??
i don't know
oh here's another example of this world
https://brave.com/
this browser was created by the same guy who helped create mozilla/firefox
crypto-land is no joke, in fact, i think being known as crypto is almost a hinderance because it scares people--it's too broad of a term, the term alone cryptocurrencies tells you nothing--and of course it's the wild wild west with lots of bad actors