Apr 14, 2022Crypto 101 with Vin: DAOsDecentralized Autonomous Organizations — A DAO is an objective organization enabled by smart contracts on blockchains to facilitate decision making. They often raise funds via an initial token sale and these tokens represent voting power. Governance guidelines are usually created to outline how the DAO should behave, use funds, and amend/change existing rules. Typical…Dao3 min readDao3 min read
Mar 21, 2022Crypto 101 with Vin: TokenomicsThe Monetary Policies of Crypto-Assets — Tokenomics is a literal amalgamation of ‘token’ and ‘economics’. Think of it as the monetary policy of a blockchain’s native coin or of tokens built on top of a blockchain. Monetary policy normally would be the behavior or actions that a central financial institution adopts to meet a certain end. …Tokenomics5 min readTokenomics5 min read
Mar 6, 2022Crypto 101 with Vin: Consensus MechanismsWhat Is a Consensus Mechanism? — Consensus is a general agreement and a consensus mechanism or consensus algorithm is the method that distributed systems, in this case blockchain networks, use to achieve agreement. …Crypto6 min readCrypto6 min read
Mar 3, 2022Crypto 101 with Vin: Smart ContractsWhat Is a Smart Contract? A vending machine takes some money and your choice then it dispenses the snack or drink that you picked. A smart contract, like a vending machine, collects some input and fees and it gives back some result to whoever interacts with it. …Crypto4 min readCrypto4 min read
Feb 23, 2022Crypto 101 with Vin: Data OraclesTo build truly useful applications and services, more often than not, there will be a need to get data from an external source outside the blockchain or to send data to some external recipient. …Crypto6 min readCrypto6 min read
Feb 22, 2022Crypto 101 with Vin: Types of Crypto WalletsA wallet in the traditional sense is a physical place to store your methods of payment and ID. It’s not so secure since a would be thief only needs to physically steal your wallet to access your paper cash or credit cards. What is a Crypto Wallet? A digital wallet or crypto wallet is similar…Crypto4 min readCrypto4 min read
Feb 18, 2022Crypto 101 with Vin: How to Buy CryptoThere are many options to buy cryptocurrency beyond what is presented here. This article is intended for readers who have never bought crypto before and only have exposure to traditional financial systems. At the end, I will also discuss alternative ways to get exposure to Crypto. 1: Select a Platform (Exchange or Broker) Some considerations you have…Blockchain4 min readBlockchain4 min read
Feb 18, 2022Crypto 101 with Vin: BlockchainHello, Reader. I’m Vin, AKA Kakavarna. In the first article of this no frills series of blog posts, we will answer the question: What is the blockchain and how does it work? The blockchain in the simplest sense is quite literally a chain of digital blocks. Blocks are containers with limited space to hold groupings of data. …Blockchain Technology4 min readBlockchain Technology4 min read
Dec 13, 2021The Importance of Utility in NFTsI bought this picture for 0.07 ETH. More correctly I paid for the right to own this object that has certain properties. One of the properties it has is that it has this really cool jpeg associated to it. At least… I think it is cool. Anyways it is an…4 min read4 min read
