FTX, a cryptocurrency derivatives exchange, has recently come under scrutiny by some who claim that it is contributing to the collapse of the bitcoin market. However, these claims are unfounded and do not accurately reflect the reality of the situation.

First and foremost, it is important to understand that the value of bitcoin, like any other asset, is determined by supply and demand. The price of bitcoin fluctuates based on the market forces of buyers and sellers, and is not directly influenced by the actions of a single exchange like FTX. In fact, FTX is just one of many exchanges that facilitate the buying and selling of bitcoin, and its impact on the market is relatively small compared to the overall trading volume.

Furthermore, the claim that FTX is contributing to the collapse of the bitcoin market is not supported by any evidence. The value of bitcoin has been on a general downward trend over the past few years, but this trend is not unique to the time period in which FTX has been operating. In fact, the decline in the value of bitcoin began long before FTX was even founded, and can be attributed to a variety of factors such as market saturation, regulatory uncertainty, and competition from other cryptocurrencies.

Additionally, it is important to note that FTX is a regulated exchange that operates in compliance with the laws and regulations of the countries in which it operates. This means that the exchange is subject to strict oversight and is required to follow strict guidelines to protect its customers and ensure the integrity of the market. By operating in a transparent and compliant manner, FTX is actually helping to promote stability and trust in the bitcoin market, not contributing to its collapse.

In conclusion, the claim that FTX is contributing to the collapse of the bitcoin market is unfounded and lacks evidence. The value of bitcoin is determined by market forces, and FTX is just one of many exchanges that facilitate the buying and selling of the cryptocurrency. Furthermore, FTX operates in a transparent and compliant manner, and is actually helping to promote trust and stability in the bitcoin market.

Solana is a blockchain network of decentralized nodes that allows the scheduling of smart contracts. This network is programmable, as it uses Proof-of-Stake and Proof-of-History consensus, to order on-chain events.

Solana's development began in 2017 when its creator, Anatoly Yakovenko, started working on a network that would be robust enough to operate as synchronously as if it were a single node.

Solana's native coin (SOL) is one of the most important cryptocurrencies in the ecosystem, behind Bitcoin, Ethereum and major stablecoins such as USDT and BUSD.

Solana uses the Proof of Stake consensus, which replaces the Proof of Work to extend its stability and security within the network, while the Proof of History increases the scalability of its blockchain, keeping its decentralization and security intact, through a history that records the events along the executed activities, thus avoiding the loss of time when performing fast transactions.

How does the Solana network works?

Solana works as a Proof of Stake recognition network independently of the validation through Proof of History, this allows its owners to participate and ensure the operation of the network by staking, with the incentive of receiving more SOL tokens in return.

SOL is mainly used to pay commissions when trading through dapps. However, it also allows fees to be paid when creating dapps, programming smart contracts, in mining NFTs or for performing value transfers on its blockchain.

Solana has a wide gallery of decentralized financial products and services (such as Orca or Solend), cryptocurrency and NFT marketplaces (Magic Eden, Solanart), as well as several blockchain games such as e.g. DeFi Land.

Most popular projects in Solana

Here we will show you the most important projects in Solana that besides having a solid base have a great community and a team of skilled developers behind them.

Serum: It is a non-custodial decentralized exchange (DEX), which has become popular due to its high transaction speed and low fees.

Recently, the Solana community announced the launch of Vybe DEX, a data-driven trading interface powered by Serum's central limit order book and matching engine, which allows the community to query, index and share data on-chain to create dApps and web analytics3.

Raydium: It is an automated market making mechanism (AMM) and liquidity provider on the Solana blockchain for Serum. It is also the first AMM project within Serum.

Raydium's mission is to attract new and existing projects and protocols to the Solana ecosystem.

Star Atlas: Is a multiplayer navigation blockchain game, which has become one of the most promising games of the year, not only for the gameplay it offers, but for the Unreal Engine 5 and Nanite graphics engine with which it is being developed.

The game seeks to establish a metaverse with an open economy, where players can experience absolute freedom and earn ATLAS tokens by playing.

Star Atlas has strategic and economic elements that will allow players to have a fun experience while earning money.

Solarians: It is a collection of 10,000 totally randomized NFT robots made on the Solana block network. Each Solarian is different from the others, and some of these NFTs have Easter eggs that were specially drawn by the artist.

This is Solana's first on-chain generative NFT project. Another interesting fact is that his team was involved in the creation of Digital Eyes, Solana's first open NFT marketplace.

Decentralized finance better known as DeFis, are a set of blockchain-based applications that do not need intermediaries to function. This allows transactions to be transparent and verifiable without the need for centralized custodians

Transactions through decentralized finance are carried out through smart contracts, which are computer programs that work through blockchain technology, executing automatically once both parties comply with the requirements established in the contract.

These financial systems use blockchain to store and transfer assets digitally, ensuring the fulfillment of contracts. Access to DeFis platforms has no borders, so they can be used without inconveniences from anywhere in the world giving its users greater control over their money.

Here we will explain the most outstanding DeFis platforms and projects in the crypto industry.

MakerDAO (DAI): This project is one of the most important in the crypto ecosystem, since in addition to running on the Ethereum network, it belongs to the group of stablecoins, whose value is linked to a single fiat asset.

Its main objective is to keep its value as close as possible to the US dollar through an automated system of smart contracts running on the Ethereum blockchain.

Augur: This is a decentralized and open source platform, based on Ethereum's blockchain technology, whose objective is to predict the future of certain markets, events, companies, among other financial instruments.

Compound: This is a project that runs on Ethereum and focuses on allowing borrowers to request loans and lenders to grant them by locking their assets into the protocol through lending options, yield farming, liquidity mining.

Kyber: Is a decentralized exchange (DEX) for the exchange of tokens. It also has other functionalities that make it very interesting within the ecosystem, allowing the exchange in applications with cross-chain operations.

Curve: Is a decentralized exchange (DEX) with a liquidity pool that allows trading stablecoins quickly and easily.

SushiSwap: Like Curve, it is a DEX that allows cryptocurrency operations and exchanges through an automated market, or Automated Market Maker (AMM).

This DEX has been one of the most used since its creation, since despite having been created as a simple project, its community expanded so much that now it has many developers who keep updating it constantly.

Alpha Homora: This is the first and only DeFi project that offers the possibility of entering yield farming and liquidity providing in a leveraged way, so it can be the best for experienced traders.

How do DeFIs work in the crypto world?

Once you choose the best platform that suits your tastes, you can make use of the following tools to get the most out of your cryptocurrencies quickly and easily without the need of third parties.

Trading: Through DefI you will be able to buy and sell cryptocurrencies without the need to operate in centralized exchanges where your money is in the hands of other institutions.

Loan application: This is one of the tools that made DeFi famous, due to the unbankability that exists in many countries, and the obstacles that banks put when applying for credit.

Through DeFis you can obtain loans instantly, avoiding the paperwork and delays of traditional banking.

Staking: It consists of lending your cryptocurrencies to earn interest and rewards every minute. Unlike banks, through DeFis you can get great returns.

Saving for the future: The option of saving through DeFis is a bit risky, however, if you are determined to float your cryptocurrencies, this may be the best option as well as staking to get more out of your cryptocurrencies through interest.

Staking basically consists of buying cryptocurrencies and storing them for a certain period of time in a wallet, blocking them for a prolonged period of time in order to receive profits.

In other words, you "block" your cryptocurrencies to participate in the execution of the blockchain contributing to its security.

It is the same as depositing money in a savings account for a certain time, but with a "high yield". This is because when you deposit a specific amount of money into a savings account, the bank takes that money and usually lends it to other people. In return for that, you get low interest earnings.

Therefore, the fundamental difference of this method is that it completely eliminates the need to buy or invest in specialized mining equipment or be aware of short-term values that affect the price of the saved cryptocurrencies.

How does staking work?

Staking is only viable through the proof-of-stake (PoS) consensus system, a specific method used by certain blockchains to select "honest participants" and verify new blocks that are added to the network.

By forcing these participants known as "stakers" to purchase and reserve a certain amount of tokens on the network, it is unattractive for them to act dishonestly on the network.

This is because if the blockchain is somehow corrupted through malicious activity, the native token associated with it would likely drop in price and those responsible would lose money.

This ensures that participants are acting honestly, since the higher the stake, the greater the chance of validating a new block and receiving rewards.

Therefore, the logic is that the more cryptocurrencies that are allocated, the higher the risk of the transaction and thus the more likely it is that the validator in question is an honest participant.

In most cases, validators run a "betting pool" and raise funds from a group of token holders through delegation (acting on behalf of others). This lowers the barrier to entry for more users to participate in staking.

Learn about the different types of staking

Cold Staking: This type of staking is performed from a coldwallet, which is like a physical wallet, but without a permanent connection to the Internet, which helps users to keep their funds offline in a more secure way.

Staking Groups: This type of staking consists of users pooling all their funds to have greater staking power and once received the rewards are distributed in a manner equivalent to the individual contribution made by each one.

Staking providers: The return with this type of staking depends a lot on the commissions charged by the platform, since many offer a dedicated staking service that can range between 2% and up to 50% of the rewards.

So now you know this tool with which you can get passive returns for leaving your cryptocurrencies locked, now tell us what do you think is the best type of staking?

The Metaverse is a virtual world where users can interact with each other through unique and customizable avatars. It also has the potential to be a virtual space where multiple technology companies converge to market their products and services.

The Metaverse encourages users to browse for fun and carry out their daily activities in a productive way, for example, they can hold work meetings or social and emotional activities with family and friends.

In addition, those looking for an immersive experience can connect to the metaverse through virtual reality VR glasses. Roblox is one of the games that already offers this option to its users.

The creation of the metaverse has been talked about since 1992.

The term Metaverse was first used in 1992 in a novel by Neal Stephenson: Snow Crash, in which the author described a virtual space that converges with the physical, without imagining that in the future this would be possible.

The Tron movie was one of the first to delve into virtual reality and what could be the metaverse in the future, using computer-generated graphics that gave rise to a new subgenre in science fiction.

The video game industry has been developing games focused on the metaverse for almost two decades, such as Habbo Hotel, Second Life or World of Warcraft. However, the most prominent was The Sims, where users created a virtual life similar to their reality, improving it with new friends, pets, jobs and many new activities.

Facebook is one of the companies that has bet the most on the metaverse

Facebook is one of the biggest companies that made a huge bet on the metaverse, by changing the company's name to "Meta" to strengthen its ties with the virtual world. In addition, the company already offers the creation of NFT avatars in several of its social networks.

One of the company's most advanced projects is Facebook Horizon, an online video game that allows users to create avatars and interact with objects thanks to the Oculus virtual reality goggles.

According to Zuckerberg the metaverse is "a set of virtual spaces where you can create and explore with other people who are not in the same physical space as you", so he hopes that in the future they can reach more than a billion people. Something that wouldn't be too difficult considering the company's reach.

"We hope to basically get to around a billion people in the metaverse doing hundreds of dollars of commerce, each buying digital goods, digital content, different things to express themselves, so whether that's clothing for their avatar or different digital goods for their virtual home or things to decorate their virtual conference room, utilities to be able to be more productive in virtual and augmented reality and across the metaverse overall,"

So while we may still be at an early stage of adoption, it is certain that in the future, the metaverse will become an everyday activity for many people, either to sell their products or simply to socialize without leaving home.

Cryptogames allow players to earn cryptocurrencies while having fun, thanks to the new play to earn game mode, which rewards players with real money for performing battles or completing missions.

Players can exchange earned cryptocurrencies for more valuable ones such as Bitcoin (BTC), Ethereum (ETH) or any other stablecoin of their choice.

Therefore, cryptogames have become the preferred option for many families, especially in Latin America, to overcome the inflationary and economic crises that threaten their countries.

In addition, cryptogames represent a very lucrative market with a great potential to generate economic profits, reason why they have been a tough competitor against the video game industry that generates billions of dollars annually.

Cryptogames have arrived to disrupt the video game industry

2021 was considered by many gamers as the year of cryptogames, as several important titles such as Axie Infinity became massively known, occupying a market that had been controlled for years by large companies.

The P2E, or play to earn, mode was what drove the mass adoption of cryptogames, as players could earn money by playing from the comfort of their homes. However, this adoption lent itself to several unscrupulous criminals who launched games on the market with the promise of succulent earnings, but in the end turned out to be scams.

All this, added to the beginning of the cryptomarket crash, made the new industry lose the ground it had worked so hard to gain, however, several cryptogames managed to survive and continue to offer a fun experience to their users, but without the exaggerated profits they initially provided.

Cryptogames have had to adapt to the cryptocurrency bear market

Several cryptogames such as Axie Infinity had to change their game mode, eliminating the cryptocurrency rewards they granted in daily missions or campaigns, even Axie Infinity had to launch a new version called Origin, which in addition to being more immersive is focused on the metaverse.

Currently, there are several games such as Thetan Arena, Mobile Legends, Summoners Arena, Syn City, Dark Frontiers or Bomb Crypto that allow their users to earn cryptocurrencies and NFTs.

So although the return on investment is not as fast as it was last year with games like Plant vs Undead, where with less than $100 players could earn more than $1,000 in two months, there are still several options for those who prefer to earn a little money while having fun.

Lightning Network is a low-cost network that allows bitcoin micropayments to be processed instantaneously, providing greater "scalability" to the network, one of the objectives pursued by Satoshi Nakamoto since the creation of bitcoin.

The network works with double-layer protocols that serve to enhance some of the capabilities of the original protocol without making any modifications to it.

Therefore, the Lightning Network protocol is a revolutionary way to perform transactions within the Bitcoin network without the need for direct changes to the original system.

The Lightning Network (LN) project was created by Thaddeus Dryja and Joseph Poon in 2015. Currently Lightning Labs, Blockstream and ACINQ are the companies in charge of the network's development.

How does the Lightning Network work?

Lightning Network works by transferring the value derived from bitcoin ownership to the bitcoin ownership pledge. Therefore, it is not necessary to set up a direct channel to transact on the Lightning Network.

Payments can be sent to anyone through channels with people you are connected to, as the network automatically finds the shortest route and proceeds with the transactions.

Because the transactions are P2P, they do not need to be transmitted to the entire network, so they are almost instantaneous. And because there are no miners needing incentives, transaction fees are low or even non-existent.

Applications used on the Lightning Network

1. Financial smart contracts

Financial contracts are confidential and generate higher computational demand on the Blockchain, it is possible to perform transactions with highly advanced contract terms for the security of users.

2. Inter-chain payments or Atomic Swaps:

As long as there are similar hash functions on the blockchain, it is possible to route transactions on multiple chains with different consensus rules. The sender doesn't have to trust or even know about the other chains, including the destination chain.

Similarly, the receiver does not have to know anything about the sender's chain or any other chain. All that matters to the receiver is a conditional payment upon learning a secret on his chain.

3. Arbitrage in exchange:

There is currently an incentive to keep funds in exchange houses to be prepared for large market movements due to 3-6 block confirmation times. It is possible for exchange houses to participate in the Lightning network and for customers to transfer their funds in and out of the exchange for orders, almost instantly.

If the exchange does not have much market depth and commits to only allowing limit orders near the top of the order book, then the risk of coin theft will be much lower.

The exchange house, in effect, would no longer have any need for a cold storage wallet. This can substantially reduce theft and the need for third-party custodians.

4. Payment channels:

A means of transaction outside the Blockchain, where two people commit funds in one direction and pay each other by issuing payment commitments signed by the parties, avoiding having to wait for confirmations from the underlying blockchain.

The parties open a payment channel between them by sending funds in an initial transaction (Funding Transaction) to a 2-of-2 multi-signature address, which is managed by both involved and requires the signatures of both to generate new transactions.

This first transaction is propagated to the blockchain, leaving the channel effectively open.

To pay each other, the parties create transactions (Commitment Transaction) from the multi-signature address, which are not yet broadcast on the network, and whose consensual balances, resulting from off-network operations, are redeemable by the parties with or without the permission of the other and, if they do so, triggers the closure of the channel and the broadcast of the transaction on the blockchain network.

Main Lightning Network wallets

A custodial lightning wallet allows you to send micropayments, which means you can check the balance of a public Bitcoin address without the need to carry private keys on you.

You can use wallets such as Zap, developed by Jack Mallers, on both the test network and the main Bitcoin network, if manual modifications are made.

There are also other wallets such as Eclair, created by the ACINQ development group, and Lightning Desktop App, by Lightning Labs, both of which are in experimental stages.

NFTs, or Non Fungible Token, are tokens that cannot be exchanged for another item of the same kind, because they are unique and cannot be divided into smaller parts.

In addition, they are indestructible, as they are generated through smart contracts on the blockchain where they can be verified.

How do NFTs work?

NFTs work digitally, everything is registered and obtains an identifier by storing metadata (name of the author, its initial value or its sales history) through blockchain technology, ensuring that the piece cannot be duplicated.

Non-fungible tokens are used to create verifiable digital buying and selling, provide digital ownership, and enable interoperability of assets across multiple platforms. NFTs are used in several specific applications that require unique digital items, such as crypto-art, digital collectibles, and online gaming.

Generally, NFTs are stored on the Ethereum blockchain, and the person who creates it becomes the sole owner of that token as there is a single, global record that cannot be maliciously altered.

NFTs, are assigned a kind of digital certificate or authenticity metadata, which cannot be modified. This metadata guarantees its authenticity, records the starting value and all purchases or transactions that have been made, as well as its author.

How to generate a free NFT?

To create a free NFT you can visit Apps Pie Design, a very user-friendly design platform, with a wide range of functions and specifications that anyone with a cell phone or a computer can start using to create their NFTs.

In Apps Pie Design you can generate thousands of unique NFTs, with a variable combination of all the elements, and then proceed to mint them in some of the most famous NFT marketplaces such as OpenSea.

Where can NFTs be used?

1. Art Market

In February 2021 started a hype with the work "Everydays.The first 5000 days" by the American digital artist Beeple, which was the first NFT artwork to be listed at Christie's, one of the leading auction houses. A few days later, the animated Nyan cat meme had been sold on an internet site for 600 000 USD.

2. Games

NFTs can be used to represent in-game assets, such as digital parcels of land, animals, plants, accessory characters controlled by the user rather than the game developer. NFTs allow assets to be traded on third party markets generating profits without the permission of the game developer.

3. Virtual Worlds

Virtual worlds such as Decentraland, Sandbox and Somnium Space allow users to create galleries to display NFT art and NFT game elements. NFTs have been used to auction virtual land within games. In June 2021, a virtual land parcel sized 16 acres in Decentraland sold for $913,228.20.

4. Other uses

A lot of internet memes have been associated with NFTs, which were sold by their creators. Examples include Doge, an image of a Shiba Inu dog whose NFT sold for $4 million in June 2021, as well as Charlie Bit My Finger, Nyan Cat and Disaster Girl.

In adult films, some porn stars have also tokenized their pornographic work, enabling the sale of unique content for their clients, however, the hostility of NFT markets toward pornographic material has presented significant drawbacks for creators.

Thus the reach of NFTs can extend to almost any industry.

What are cryptocurrency wallets?

Cryptocurrency wallets are the bridge that allow us to manage our cryptocurrencies in the blockchain network. The security they offer is vital to avoid losing our cryptocurrencies, that is why they use encrypted keys that can be public and private.

The wallets can be physical or digital, below we will show you which are the best wallets that you can choose according to your needs.

How do wallets work?

Wallets play a very important role in the basic infrastructure ecosystem that allows us to operate with cryptocurrencies. In them we can check our balances and store our cryptocurrencies in a simple way and with absolute control over them.

The biggest advantage they offer is that we do not need the permission or authorization of any third party to perform a transaction, so all operations are instantaneous.

When creating a digital wallet, the first thing we have to do is to save the seed, which is basically a set of between 12 and 24 words that is intended to support our cryptocurrency wallet. Thanks to it, if we lose access to the computer or phone where we had our wallet, we can access it again using the serial phrase that we previously saved in a safe place.

The private key cannot and should not be shared with third parties, as well as the password of your wallet and the recovery seed, you should not share any of these data with anyone. Why do we tell you this? Because, if you give away your private key, you are practically giving away total access to your cryptocurrencies.

Types of wallets

There are two types of wallets, which in turn are divided into several classifications, depending on which type you choose, physical or digital.

Hot wallets can be web applications, desktop programs or mobile apps, which have to remain constantly connected to the network or to the blockchain, many of the existing ones are available today in various formats that can be used as standalone applications or as browser extensions such as Metamask.

The most prominent features of these wallets are:

1. They are usually free of charge
2. Ease of use
3. Speed of operations

Cold wallets are cryptocurrency wallets that are not connected to the internet, so their main features are the following:

1. High level of security Control: They offer total control of your cryptocurrency wallet, without depending on a third party to guard your keys.
2. Less ease and speed of use: as they are physical devices not connected to the internet, they are less fast and convenient to operate with stored cryptocurrencies.
3. Higher price: some cold wallets, such as those consisting of USB devices, can have a relatively high cost, ranging from 60 to 100 dollars, so they may not be the best option in economic terms.

There are two main subtypes of cold wallets:

1. The hard wallets: This type of wallets are similar to a USB memory stick in which the public key and the private key that gives access to cryptocurrencies such as Trezor and Ledger are stored.
2. The paper wallets: This is the simplest type of wallet, since it is a simple piece of paper where the public and private keys are written, usually in QR code format. For example, BitAddress allows you to generate your public key and private key securely and download a document with the corresponding codes.

So now you know what cryptocurrency wallets are and which ones are best suited to your daily life. Be sure to read all our articles if you want to learn more about the best tools in the crypto ecosystem to improve your finances.

What is Crypto commerce?

Crypto Commerce consists of buying and selling goods or services online using cryptocurrencies. The platforms used for this activity are based on blockchain and therefore support transactions in cryptocurrencies.

The most important advantage of crypto commerce is that it simultaneously benefits both consumers and trading platforms, thanks to the speed, cost-effectiveness and global accessibility of blockchain transactions.

In addition, users can easily create secure and cryptographically verifiable digital identities. And most interestingly, users can earn returns through cryptocurrencies.

The technology used in crypto commerce is the blockchain, that is, the decentralized system of secure registration of each operation, where all the information is stored so that people can access all records of their operations, keeping better control of expenses and income.

Moreover, the best of all is that there is no intermediary, thus significantly reducing processing costs and ensuring total transparency of transactions.

To get started in the world of cryptocurrencies, we must understand how they work and the different ways to invest in them.

What are cryptocurrencies?

Cryptocurrencies are basically virtual money protected through cryptography.

The history of cryptocurrencies began in 2009, thanks to the creation of Bitcoin by Satoshi Nakamoto.

Initially, this virtual currency was not available for purchase and could only be "mined" after writing a lot of complex computer codes.

There are currently more than 5,000 cryptocurrencies, and this number continues to grow every day. The most attractive feature for crypto investors is that most of them are not issued by any central authority, so they remain immune to manipulations or impacts generated by governments.

Cryptocurrencies are like any other traditional currency such as the dollar, the euro, among others, but in a digital form. These currencies were created as a conventional payment method without any intermediary bank. Therefore, they function as a different alternative to traditional currencies in a digital era.

There are thousands of tokens in this world, however memescoin such as Husko, Doge and Shiba Inu have become the most popular in the crypto community thanks to the high returns they have come to offer to many investors.

Types of crypto investors

In the world of cryptocurrencies we have two types of investors, those who invest for the long term and those who invest for the short term hoping to make a quick profit.

Long-term investors are generally known as HOLDers and are people who stand firm in the face of market volatility, i.e. they are not waiting for the asset to go up or down in price to sell it immediately,

While short sellers are mostly people who are engaged in trading or simply waiting for an upward or downward movement to make a quick profit.

Most of the time short term or novice investors end up losing money in this market because they sell their cryptocurrencies for fear of losing everything in a sharp downward movement.

What is Dogecoin?

Dogecoin is an open source decentralized cryptocurrency derived from Bitcoin, which is based on one of the most popular memes of all time. DOGE became an internet phenomenon thanks to its popularity in 2013.

However, this cryptocurrency is inflationary, as it has no issuance limit. Moreover, at the level of energy cost, DOGE, is 5892 times more efficient than Bitcoin, as it consumes 0.12kWh per transaction compared to 707 kWh consumed by Bitcoin.

How was Dogecoin born?

Dogecoin was created in 2013, by Jackson Palmer and Billy Markus, who decided to create a digital asset for this funny dog, as a way to mock the cryptocurrency industry, which was starting to be crowded with altcoins and projects with high speculation.

Jackson Palmer, current director of product management at Adobe, decided to express his discontent with this new reality of the industry through a satirical tweet. "Investing in Dogecoin. Surely it's the new big thing,", without thinking that it would become one of the cryptocurrencies with the highest capitalization in the crypto world.

However, just as the joke had taken off, Billy Markus entered the equation. The IBM software engineer had been thinking about creating a "fun" cryptocurrency that would be friendlier to adopt and use than Bitcoin itself. Upon seeing the Dogecoin proposal, he felt that the meme dog would be an eye-catching enough face to make a more serious proposal. Thus, Markus contacted Palmer to develop a technology behind the Dogecoin idea and turn the meme into a real cryptocurrency.

Dogecoin, considered by some to be the original memecoin, made a big splash in 2021, when its price skyrocketed thanks to Elon Musk's tweets that have so far helped the currency maintain its price despite market volatility.

Dogecoin community achievements

The Dogecoin community sponsors NASCAR driver Josh Wise, awarding him over $50,000 in exchange for his car carrying the Dogecoin logo.

In March 2014, the community agreed to support the construction of drinking water wells in poor areas of Kenya, raising USD 11,000 in Dogecoin.

So Dogecoin is not just a speculative currency, it has a strong community that likes to help other people, just like Husko.

Elon Musk and the Dogecoin

The love story between Elon Musk and Dogecoin is well known on social media, as he was the one who drove Dogecoin's growth in terms of price and, more so, community. It was thanks to him that Dogecoin has become the currency it is today.

Although the exact figures of Elon Musk's purchase are not known, many consider him to be an institutional investor (i.e. a large investor) or a DOGE whale. For this reason, he can influence cryptocurrency market prices by buying or selling huge amounts at once or even by simply mentioning one on his social networks.

When Musk wrote "Doge" in a Twitter post in December 2020, the price of the cryptocurrency rose significantly in the months that followed, as retail investors feared missing out on potential price appreciation.

And the love story continues to strengthen, as he recently announced that although Tesla had sold 75% of its Bitcoin, it did not sell any of its DOGE holdings.

What is Ethereum

Ethereum is a digital platform that adopts blockchain technology to expand its uses to a wide variety of applications.

Ethereum was created in 2015 by programmer Vitalik Buterin, with the perspective of creating a tool for decentralized and collaborative applications.

Ether (ETH), is Ethereum's native cryptocurrency and is the second largest in the crypto market. ETH uses a shared digital ledger where all transactions are recorded in addition it is publicly accessible, completely transparent and very difficult to modify.

ETH exists as part of an autonomous financial system, free from government intervention. Like bitcoin, it can be converted into real money, such as dollars, euros, yen, among others.

How does Ethereum work?

Ethereum's blockchain is very similar to Bitcoin's, but its programming language allows developers to create software through which to manage transactions and automate certain outcomes. This software is known as a smart contract. These are programs that automatically execute the contract once predefined conditions are met, eliminating the delay and cost that exists when executing an agreement manually. To give a simple example, an Ethereum user could create a smart contract to send a set amount of ether to a friend on a certain date. They would only need to write this code on the blockchain and when the contract is completed (i.e. when the agreed date arrives) the ether will be sent automatically.

Differences between DApps and Smart Contracts

Decentralized applications or "DApps" take advantage of the transaction capability of cryptocurrencies, the programmability of a smart contract and blockchain technology. They are reliable and predictable, which means that once they are loaded (mined) into Ethereum, they will always run as programmed.

Dapps are decentralized applications built on Ethereum that share similarities with smart contracts, but some important differences separate them as well.

Like smart contracts, a DApp is an interface that connects a user to a service from a provider through a decentralized peer-to-peer network.

However, while smart contracts need a fixed number of participants to be created, DApps have no user limit. Moreover, they are not only reduced to financial applications like smart contracts. A DApp can have any purpose one can think of, for example, new types of money and digital assets, uncensorable web applications and decentralized organizations.

Among The top ten Ethereum DApps we have: IDEX ForkDelta CryptoKitties LocalEthereum Bancor Kyber Network Decentraland0 WINGS DAO Etheroll.

How can you buy ETH?

The easiest way to buy ETH is through Metamask, a self-custodian cryptocurrency wallet. In our blog you can find tutorials to download it and learn how to use it.

You should keep in mind that the Gas is a very own concept of the Ethereum network, as it is used to measure the work done within the blockchain. Each action in the blockchain as an operation or a set of operations has a specific cost that is given in Gas units.

Shiba Inu is one of the most widely used digital assets by users in the crypto community. SHIB, the native Shiba Inu token, was created by "Ryoshi", in August 2020, through a smart contract ERC-20.

Ryoshi's idea with the creation of Shiba was very clear: to dethrone Dogecoin as the meme coin.

It is worth mentioning that after developing Shiba Inu, Ryoshi decided to give Vitalik Buterin 50% of the entire SHIB existence, leaving the other 50% in circulation to be used among the community. Thus, the anonymous creator of Shiba Inu was left without a single token in his possession.

Shiba Inu is the most famous dog breed in Japan and became the face of a token that is part of an ecosystem that shows a lot of movement beyond Bitcoin and Ethereum. Even today, on July 21, it reached the top 12 cryptocurrencies, surpassing MATIC.

Shiba Inu breaks into the Social Networks

Shiba Inu achieved its fame through social networks thanks to Elonk Musk, CEO of Tesla, who every time he tweeted about Shiba Inu, the price of SHIB began to rise sharply, becoming one of the favorite motives of the crypto community.

Prominent personalities such as Nick Carter, lead singer of the Backstreet Boys, and Antonio Brown, NFL star, are some of the official promoters of Shiba Inu.

On Saturday, July 16, the Shiba Inu token was mentioned in 24,146 out of 1,704,229 Twitter and Reddit posts. Reaching a historic milestone within social media.

What is the current price of Shiba Inu?

On July 19, Shiba Inu had a price of $0.00001167 at 11:30 am, while for today the price is fluctuating between $0.00001282, increasing its value by 9.80% during the last 24 hours.

Today's gains add to the gains we have already witnessed in the previous days, reaching above the highs of the month. Even so, the current price has been pulled down somewhat by short-term buyers.

Today's high was $0.00001304 at 10:20 am, while the low over the past 24 hours was $0.00001159.

Huskies are some of the most famous memes. They're known for their intelligence, mischievousness and playfulness. It's a wonder why they aren't used more often in internet culture! Here are some reasons why husky dogs make good meme coins:

Husky is a meme.

You're probably familiar with the concept of a meme. A meme is an image, video or text that gets copied and spread rapidly by internet users, often with slight variations. The concept was first introduced by Richard Dawkins in his 1976 book The Selfish Gene.

A husky is a meme. You can find it on Reddit, Facebook and Twitter. It's a dog and also a lot more than just a dog: it's an idea that you can use to make fun of other people --- or yourself. And if you like memes about dogs (and who doesn't?), then here are some things you should know about why this particular photo has become so popular on social media platforms:

• IT'S FUNNY!
• IT MAKES YOU FEEL GOOD!
• OKAY I'LL STOP NOW

Shibe is a meme.

Shibe is a meme.

That's right, shibes are memes and they are dogs. They look like this:

The Shiba Inu is a Japanese breed of dog known for its distinctive markings that resemble brushstrokes. Shibas have been featured in many internet memes and pop culture references due to their popularity online, including in the "Doge" internet meme. The coin was first created on May 31st, 2014 by Jackson Palmer as part of a joke about Dogecoin's popularity at the time; however, it currently has over 17000 users on BitcoinTalk alone who use it regularly.

Doge is a meme.

There is nothing in the world more perfect than Doge. The shiba inu is a symbol of positivity and joy, despite the fact that its face is an expressionless mask of indifference. The meme's origins are unclear, but it was popularized by a 2010 tweet from @doge_memes and has been spreading ever since.

Doge is also a husky, just like your favorite cryptocurrency wallet!

Meme coins have value

You may be thinking: "Meme coins only have value because they're memes." That's true, but what if I told you that meme coins are a lot like memes? They're both valuable, and they both have value. Just look at Dogecoin.

Dogecoin is a cryptocurrency that was created in 2013 as a joke to make fun of the "doge" internet meme, but it actually became worth almost $1 billion by 2019. It's now used for real transactions on websites like Reddit and Twitter.

As you can see, Husky is a good meme. And meme coins have value.

Uniswap is a decentralized exchange that provides investors with a faster and more secure way to convert ERC-20 tokens into other projects on the Ethereum network. It also has a native token called UNI, which gives investors a voice in the development of future projects.

Because it is decentralized, it does not have a single point of failure like most centralized exchanges. For example, when you buy and sell cryptocurrencies using a platform like Coinbase, you rely on Coinbase to act as an intermediary to carry out your trades.

While this is convenient and provides you with some security and speed, it also means that you are obligated to pay any commissions that the exchange decides to charge, whether above market rates or not.

In addition, the wallet used on the exchange is subject to a single point of failure in the event that the exchange is the target of a hacking attempt. So for obvious reasons, these types of centralized exchanges are not the best option in the world for holding your investments.

How does Uniswap work?

Uniswap is based on the underlying technology of the Ethereum network, which makes its token (UNI) an ERC-20 token that can be stored in almost any type of wallet that supports Ethereum.

Uniswap's decentralized exchange protocol provides investors and traders with a quick way to "swap" any ERC-20 token for another ERC-20 or Ethereum-compatible token.

So, if you have Ethereum or any other type of ERC-20 token in your wallet, you can use Uniswap through its app.

Benefits of Uniswap over traditional centralized exchanges:

1. Uniswap's system has a built-in guaranteed exchange fee, which means that the system will not execute your order if it sees a sudden price movement against you.
2. The decentralized exchange system gives investors access to a larger pool of liquidity, meaning you can exchange your ERC-20 token for hundreds of other offerings.
3. The decentralized exchange does not rely on a single point of failure, which means there is no order book and fees vary based on market conditions. These fees go directly back to the network users who work to provide liquidity on the exchange, which encourages parking and growth of the Uniswap system.
4. The UNI token acts as a governance protocol. This means that if you own UNI, you get a say in future matters related to the use of Uniswap's treasury and network updates.

How can you start trading on Uniswap?

The easiest way to start using Uniswap is to connect through your Metamask wallet.

Once you do that, you can add liquidity to the exchange and earn a passive or simply trade. You don't even need to log in to Uniswap to trade, you can do it directly from Metamask.

So now you know the basic steps to start trading on the first decentralized exchange on which $HSKO is listed.

What are Smart Contracts?

Smart Contracts are simply programs stored on a blockchain that are executed when certain predetermined conditions are met.

The term "Smart Contracts" was first mentioned in the late 20th century, by Nick Szabo, a computer scientist and cryptographer, who defined and studied some potential uses of Smart Contracts, including copyright management, lending systems and payment processing.

In addition, Szabo defined them as an almost perfect tool capable of establishing and protecting computer networks through protocols.

Advantages of using Smart Contracts

1. They do not require a signature in courts or notary offices:
   Unlike traditional legal contracts, Smart Contracts allow their implementation, signature and execution instantly through the web without the need for both parties to appear physically.
2. They have a transparent and auditable system for the community:
   Thanks to the transparency offered by this type of contracts, the entire community can obtain proof and public verification through the records that support the operations on a network or blockchain.
3. They are customizable:
   All contracts can be customized, i.e. they can be designed under various criteria, adjusting to specific goods, services and solutions. In this way, no contract is identical to another.
4. Lower implementation costs:
   Unlike legal commercial contracts, smart contracts do not need to go through several stages of approval that become tedious and even costly bureaucratic processes.
5. Ideal for payments and fund transfers:
   Thanks to the blockchain, Smart Contracts offer a simple and auditable transfer of funds, as well as leaving a record of any operation performed regardless of the day or time it is executed.

On the other hand, just like a traditional legal contract, Smart Contracts require the compliance of two parties in order to work. Failure to comply with any of the conceived rules generates consequences or cancellations.

They are increasingly used in everyday activities and are one of the keys to Web 3.0, where security, decentralized operation and transparent validation are fundamental factors for user autonomy in this new Internet browsing paradigm.

In conclusion, smart contracts are self-executing, decentralized and transparent contracts, which can speed up transactions and reduce operational costs.

What is Polygon (MATIC)?

Polygon, formerly known as Matic Network, is a project created in 2018 with the backing of Binance and Coinbase, to offer scalability and usability solutions to projects that make life on the Ethereum (ETH) network, which to this day remains the preferred network for developers.

Matic's story begins in 2018, however, it was until early February 2021 where after several rounds of funding to obtain sufficient capital to scale the project, they decided to change the name to Polygon, keeping the acronym of the token (MATIC).

Since then, Polygon offered a better roadmap to adapt to new technologies such as rollups and Validium, which serve to improve the user experience.

In addition, it should be noted that the main component of the network is Polygon SDK, a modular and flexible framework that supports the creation of multiple types of decentralized applications (DApps), especially of the DeFi (decentralized finance) type.

Polygon's main features

1.Proof of Stake consensus algorithm and Plasma smart contracts, to bridge the sidechain network with the Ethereum mainnet.

2.Infrastructure: allows bi-directional interaction of DApps in Polygon with the Ethereum network.

3.Polygon's network is public: no permissions are needed to supportmultiple consensus protocols and other networks besides Ethereum.

4.Scalability: Theoretical scalability limit is at least 200 thousand transactions per second.

5.Fees: Transaction fees are much lower than Ethereum and the competition.

6.Interoperability: All sidechains deployed on Polygon can operate with each other.

Why choose Polygon?

As we explained above, in addition to the multiple cases and features Polygon offers, it has been designed to allow DApps to scale in a real way, and that is an extremely important point if you plan to create a project that will reach massive user adoption.

Besides that, there are already multiple renowned projects such as AAVE, Curve, QuickSwap, 1inch, SushiSwap, among many others that use the power of Polygon Network for their operation.

Last but not least, Polygon allows the interconnection to different payment systems such as DEX, AMM and other DeFi applications in a very economical way.

Therefore, it must be noted that as with many other projects in the ecosystem, Polygon is just beginning to rip the whole exterior that blockchain technology offers, so there is still a lot to be seen in this new scalability network.

Non-fungible tokens are an innovative way to bring digital collectibles to life. NFTs are built on the ERC-721 standard, an Ethereum-based token protocol that allows developers to create unique objects on the blockchain. NFTs can be used for everything from art pieces and collectibles like CryptoKitties, to gaming items like CryptoCelebrities or Cryptogs. But what exactly do these non-fungible tokens do? And how can they be used beyond just being purchased as investments?

In the most simple terms, non-fungible tokens -- or NFTs -- are digital files that are stored on the blockchain.

So, in the most simple terms: Non-fungible tokens -- or NFTs -- are digital files that are stored on the blockchain.

NFTs are stored as a transaction. This means you can view it on one of these websites like Etherscan or Blockchair. You can also read an Ethereum address (the equivalent of a bank account) and see what transactions went through during that time period.

NFTs are stored as a smart contract, which means they contain code that controls how they function within a network of computers that run Ethereum's blockchain software (one such network is called Ethereum). If you know how to write code and have access to this type of thing, you could probably change something about your NFT if it were written correctly -- maybe make it do more than what its creator intended! But don't try this unless you're very sure someone else won't be able to screw up any changes later by doing something wrong with their own copy of your NFT (like sending money from your account without permission).

Fungible and non-fungible assets look very similar in their physical form.

In the physical world, non-fengible assets and fungible assets look very similar. You could be walking down the street and pass a $1 bill and then a painting. The painting is unique, but it looks a lot like any other painting made by the same artist. The dollar bill, on the other hand, is completely interchangeable with all of its peers in terms of what you can buy with it—you can't do anything special with your unique dollar bill that you couldn't do with any other one.

Now let's think about how this concept applies to NFTs. An NFT as we know it today has two characteristics:

It can be digitized; It has some kind of value attached to it (i.e., 1 ETH).

How do you know that an NFT is traceable?

What you want to know is how do you know that an NFT is traceable?

To answer that question, we need to first understand what blockchain technology is. Blockchain is a public ledger (or distributed ledger) that records transactions between parties in a permanent and secure way. This means that as soon as something happens on the blockchain, it's recorded and stored forever in plain view for anyone who wants to see it. So even if one person deletes their copy of the file or tries to hide or change it, there will still be other people who have copies of this original record and can show it to anyone else who asks for proof of what happened at any point in time since each transaction was initiated by someone using their digital wallet address which can be easily tracked down if needed.

If you create your own NFT, then it's impossible to know whether it's been copied.

You can't know for sure if someone else has copied your NFT. You can't verify that your NFT is unique. And you can't verify that it hasn't been tampered with, either.

The reason for this is simple: the value of an NFT depends on its scarcity. If there are multiple copies of an item floating around out there in the world, then its value will be lower than if there were just one copy available—and even lower still if two were available! That's why so many artists who create digital artworks sell them without copyright protection; they want anyone to buy their work and enjoy it as much as possible without worrying about competition from other people selling similar works under different names or styles (which could confuse buyers into thinking they're buying something new).

The value of an NFT can be equivalent to zero.

So you’ve heard about NFTs, and you want to get in on the action. But before you do, let me remind you: NFTs can be worth zero.

If someone wants an NFT from your collection, they need to pay for it. And if that person has no intention of ever reselling or gifting it? Then your asset is worth zero dollars. It might seem silly to spend thousands or millions on a digital asset that has no intrinsic value and is only worth what people are willing to pay for it (but hey—it happens!).

It's possible for someone else to make money off of your creation.

NFTs can also be copied. This means that if someone makes a copy of your NFT, they can sell it to someone else. Since they're the ones who created the copy, they can set whatever price they want for their new asset and make money off of your creation—and you will lose money in the process.

Maybe these kinds of problems can be solved with something like IP rights? We'll see what happens as this technology evolves!

An NFT is not easily transferable.

• An NFT is not easily transferable.
• It can't be transferred to anyone else without the owner's permission, and it can't be transferred to a specific person without the owner's permission.
• An NFT can only be transferred to a specific person with the owner's permission.

You can buy a fake NFT.

You can buy a fake NFT.

That's right—the blockchain is a magical place where you can pay money to purchase a digital object, and then it will be yours forever (or until someone else pays more money for it). While there are many advantages to this system, the fact that you can spend real money on something which doesn't actually exist is definitely one of its most interesting aspects. After all, what good is buying something if you don't know if it's real?

When it comes down to it, these are the questions we're going to have to answer as we move from our current world into this brave new one: Will these assets be rare enough? Will they be unique enough? Are they valuable enough for us not only as collectors but also as consumers of culture in general? Do people want them at all?

Non-fungible tokens are collectibles that live on the blockchain and can't be tampered with.

Non-fungible tokens are collectibles that live on the blockchain and can't be tampered with. So what does this mean?

Let's say you want to buy a Beanie Baby, but you're worried that someone might tamper with it and add more value than what you paid for it. That fear wouldn't happen with an NFT. Because they are unique, there is no way for someone else to create another one that is exactly like it—and if they did try to make one, they would have to actually hack into your account and steal it from within your Ethereum wallet!

Just like art collectors hold their prized works in high regard, so should cryptocurrency enthusiasts when dealing with NFTs. These digital collectibles have real value because they represent something specific that cannot be replicated or manipulated by anyone else but the person who owns them.

Conclusion

NFTs are a new type of asset, but their value is undeniable. They're powerful tools for creators, collectors, and investors alike. As such, they're sure to play an important role in the future of digital art.

We have officially launched our new smart contract on the polygon blockchain which has some fun new features not present in the earlier beta version.

The new contract address is: 0x3fC56613D80EB8ce29dB7605066Cf3309adDc42A

First of all we felt the transaction fee of 5% on every transaction was too high, so we lowered it to 1%. Of that 1%, half of that fee will be donated to a random charity in our database who has agreed to accept donations in $HSKO.

The tokenomics are still the same: 396M in circulation with a 1 billion total supply over the lifetime of the coin. While we have no plans to, we do have the ability to both mint and burn tokens as we see fit. The idea is to keep the price on a steady rise and curb inflation should that become an issue.

The contract is upgradable and allows us to both modify the transaction fee and to modify the list of charitable donation address.

If you would like to accept donations in $HSKO token please contact our VP of Sales, Phil at 1-888-690-2011 he will answer any questions you have and help with the onboarding process.

As with any crypto currency, there is always a risk of loss while investing and you should do your own research as well as only invest what you can afford to lose.

What are memecoins?

Memecoins are fun coins that can spread like wildfire, they are concise and can have a lot of utility. The crypto world is full of them, as they provide an avenue for people to better understand cryptocurrencies and engage in a more emotional way.

The blockchain is a fascinating technology, but it can be difficult to understand if you are new to the space. And this is where memecoins come in, as they can be useful tools to educate people on the use and benefits of the blockchain.

So while understanding this technology can be somewhat difficult, memecoins make it fun and accessible, as you can use them as rewards for kids at school, give them away at conferences or meetings to get people interested in learning more about blockchain technology, or hand them out to animal shelters to help with their work.

Therefore, memes are a great way to explain complex concepts in an easy-to-understand way.

Memecoin help create joyful and successful communities.

Memecoin can help create joyful and active communities, as they give people who love them something to talk about other than just price speculation or other token metrics as with many other projects.

And when communities form around their favorite meme coins, it creates more awareness for the project, as well as more engagement from those who hold and use the tokens regularly.

You can't have a successful community without people. That's why at Husko.Money we want to create the best of communities where we can share the best experiences and antics of our beloved puppies.

How Dogecoin went from a joke to a top ten cryptocurrency.

Dogecoin is a cryptocurrency that was created in 2013 as a joke and has since grown to become one of the top ten cryptocurrencies on the market.

DOGE was created by Billy Markus, who co-founded Adobe Systems and also helped build the first Internet browser, Netscape Navigator, along with his partner and co-founder, Marc Andreessen. The two created a company called Mosaic Communications Corp, which would eventually become Netscape Communications Corporation.

After creating Dogecoin as an homage to an internet meme, Markus went on to work at Microsoft before moving into real estate development and digital currency investment opportunities.

After that, Dogecoin continued to grow on its own until it became what it is today, a very popular currency with a large community of users who enjoy using it for its speed and economy when making their transactions through its own blockchain.

Therefore, memecoins are no longer projects that lack use, but have become cryptocurrencies that can help improve the crypto ecosystem and the communities that revolve around them.