What makes Terra (Luna) special? - Crypto in Plain English - Episode 62 - by cryptohunt.it

What makes Terra (Luna) special? - Crypto in Plain English - Episode 62 - by cryptohunt.it

What makes Terra (Luna) special?

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english.

Today, we talk about Terra, a blockchain that aims to make payments as easy as Paypal or Venmo for a worldwide audience.

Terra has only been around since 2019 and was created specifically with stable coins in mind. The idea is to provide numerous such stable coins, one for each major real world currency to make online payments easy. Those stable coins are all exchangeable on the blockchain, making buying something in one of the other stablecoins very simple without having to exchange currencies manually.

The Terra founders have the larger vision of making online payments with crypto extremely easy. Having started very large e-commerce websites in Asia, their hope is to get people to turn Terra into a widely accepted alternative payment method online. For that vision to come true, the Terra team created payment apps for mobile and desktop and are giving their Luna token to people for using it.

Another interesting feature of Terra is also how it creates stable coins. Instead of holding a reserve – like most stable coins – they algorithmically create and destroy coins to keep the market price balanced. In other words, the stable coins themselves adjust supply and demand.

And that’s Terra. And next time, we’ll talk about Avalanche.

Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.

Jaksot(373)

The Pros and Cons of “Proof of work” and “Proof of Stake” - Crypto in Plain English – Episode 21 - by cryptohunt.it

The Pros and Cons of “Proof of work” and “Proof of Stake” - Crypto in Plain English – Episode 21 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today we talk about the pros and cons of ““Proof of work” and “Proof of Stake” There are a few things...

26 Loka 20211min

What is “Proof Of Stake”? - Crypto in Plain English – Episode 20 - by cryptohunt.it

What is “Proof Of Stake”? - Crypto in Plain English – Episode 20 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Last time, we explained how time-consuming puzzles are one way to solve the problem of cheating on th...

25 Loka 20211min

What is “Proof Of Work”? - Crypto in Plain English – Episode 19 - by cryptohunt.it

What is “Proof Of Work”? - Crypto in Plain English – Episode 19 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today we explain how “Proof of Work” works. First, remember that cryptocurrencies validate transactio...

22 Loka 20211min

How crypto wallets work and which one is best for you - Crypto in Plain English – Episode 18 - by cryptohunt.it

How crypto wallets work and which one is best for you - Crypto in Plain English – Episode 18 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: How crypto wallets work and which one is best for you. Although they are called wallets, crypt...

21 Loka 20211min

The dark (climate) side of crypto - Crypto in Plain English – Episode 17 - by cryptohunt.it

The dark (climate) side of crypto - Crypto in Plain English – Episode 17 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: Crypto’s impact on climate change. Blockchain technologies – to the enthusiasts, they promise ...

21 Loka 20211min

How to create your own Web 3 product - Crypto in Plain English – Episode 16 - by cryptohunt.it

How to create your own Web 3 product - Crypto in Plain English – Episode 16 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: Together, we are creating our own fictional Web 3 product An example teaches more than a thous...

19 Loka 20211min

What is the web 3 movement about? - Crypto in Plain English – Episode 15 - by cryptohunt.it

What is the web 3 movement about? - Crypto in Plain English – Episode 15 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: We explain why everyone is excited about Web 3 To understand Web 3, let’s first talk about wha...

18 Loka 20211min

Why everyone has their own token - Crypto in Plain English – Episode 14 - by cryptohunt.it

Why everyone has their own token - Crypto in Plain English – Episode 14 - by cryptohunt.it

014 Why everyone and their grandma have their own token Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: We explain why there are thousands of ...

15 Loka 20211min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
ostan-asuntoja-podcast
hyva-paha-johtaminen
rss-rahamania
herrasmieshakkerit
rss-lahtijat
rahapuhetta
rss-tarkeista-asioista-2
rss-sami-miettinen-neuvottelija
rss-muutoksenanatomiaa-podcast
rss-rentotapaus
rss-doulapodi
rss-bisnesta-bebeja
rss-sisalto-kuntoon
kultaiset-hoitajat
rss-uppoava-vn-laiva
rss-bisneksen-pehmea-puoli