What is Celo and what makes it special? (Part 1 of 2) - Crypto in Plain English - Episode 113 - by cryptohunt.it
Crypto in Plain English - by cryptohunt.it3 Maalis 2022

What is Celo and what makes it special? (Part 1 of 2) - Crypto in Plain English - Episode 113 - by cryptohunt.it

What is Celo and what makes it special? (Part 1 of 2)

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

Today, welcome to part one of our two part series on Celo, a blockchain near to our heart as they are investors in cryptohunt.

The name Celo means "purpose" in Esperanto, and hints at the project's bigger vision. Launched publicly in 2020 after four years of development, the blockchain wants to bring digital money to everyone, regardless of the tech they use or the sophistication of the banking system they live in.

For that, Celo tries to solve two problems: Reduce the technical knowledge typically needed to use crypto, and avoid crypto’s strong value fluctuations. And it does all that while being carbon negative.

So how does it work?

To make Celo easier to use it does something unique: Instead of those complicated wallet addresses and keys you may have seen, wallets on Celo are simply tied to phone numbers or email addresses. Through their app Valora, you can even send money to someone who isn’t on Celo yet by using their phone number and they can claim it later.

Celo’s idea here is: Nobody wants to use something complicated. But If crypto is as easy as Venmo, it’ll reach wide adoption. And it seems to work: There are currently over 600k wallets that use Celo every month.

And that was part one - stay tuned for tomorrow, where we’ll talk about how Celo solves the strong price fluctuations of crypto and why it’s a green alternative to those many energy-hungry blockchains.

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)

Cryptohunt it dead - Episode 373 - by cryptohunt.it

Cryptohunt it dead - Episode 373 - by cryptohunt.it

Cryptohunt it dead Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: In plain English. Cryptohunt i...

6 Maalis 20232min

How ERC-4337 will put an end to forgotten crypto keys - Episode 372- by cryptohunt.it

How ERC-4337 will put an end to forgotten crypto keys - Episode 372- by cryptohunt.it

How ERC-4337 will put an end to forgotten crypto keys Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As alw...

3 Maalis 20232min

What is Eth Denver, and why are all the crypto enthusiasts going there? - Episode 371 - by cryptohunt.it

What is Eth Denver, and why are all the crypto enthusiasts going there? - Episode 371 - by cryptohunt.it

What is Eth Denver, and why are all the crypto enthusiasts going there? Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-chan...

2 Maalis 20232min

What’s up with all these .xyz domains? - Episode 370 - by cryptohunt.it

What’s up with all these .xyz domains? - Episode 370 - by cryptohunt.it

What’s up with all these .xyz domains? Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: In plain E...

1 Maalis 20232min

What are Bitcoin Ordinals? - Episode 369 - by cryptohunt.it

What are Bitcoin Ordinals? - Episode 369 - by cryptohunt.it

What are Bitcoin Ordinals? Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: In plain English. It’s...

1 Maalis 20232min

Why did Coinbase invent BASE, its own blockchain? - Episode 368 - by cryptohunt.it

Why did Coinbase invent BASE, its own blockchain? - Episode 368 - by cryptohunt.it

Why did Coinbase invent BASE, its own blockchain? Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always:...

27 Helmi 20232min

The future of voice - How AI will change the things you listen to - Episode 367 - by cryptohunt.it

The future of voice - How AI will change the things you listen to - Episode 367 - by cryptohunt.it

The future of voice - How AI will change the things you listen to Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing i...

24 Helmi 20232min

How generative AI will create never-ending stories - Episode 366 - by cryptohunt.it

How generative AI will create never-ending stories - Episode 366 - by cryptohunt.it

How generative AI will create never-ending stories Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always...

23 Helmi 20232min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
psykopodiaa-podcast
rss-rahapodi
ostan-asuntoja-podcast
rss-rahamania
herrasmieshakkerit
rahapuhetta
rss-laakispodi
rss-sisalto-kuntoon
rss-sami-miettinen-neuvottelija
leadcast
rss-lahtijat
rss-bisnesta-bebeja
rss-seuraava-potilas
sijoituspodi
rss-karon-grilli
rss-juurisyy-johtamisesta-kilpailuetua
rss-draivi
rss-johtoajatuksia