Cryptic Investor

With the likes of SHIBA, Safemoon, and recently Apecoin dominating crypto altcoin markets, one does often question what it takes for an altcoin to become a top contender. Perhaps it is innovation; does it introduce new technologies? Or perhaps it improves upon existing solutions. Maybe it has a cute dog as its logo. Or maybe it is simply the hype. Whatever it is, one thing we can agree on is that an altcoin with good foundations and utility will likely fare well in the long run. It may not necessarily succeed; but it’s chances of survival – and perhaps success - in a sea of millions of different cryptocurrencies, will be much better. Well, dear reader, one such contender is the Nervos Network ecosystem. What is the Nervos Network? Well, in a single sentence: Nervos Network is much more than a cryptographic token; it is a decentralised ecosystem. Layer 1 / L1 – Nervos Network Basics The Nervos Network’s foundat

Bitcoin, the supposedly unbreakable, bullet-proof cryptocurrency has been finally cracked by a team of quantum scientists; and this could mean the death for all cryptocurrencies. But alas, Satoshi himself has come back to post  [link opens new window] on the original bitcoin community forums, and he intends on hard-forking Bitcoin tonight to prevent any catastrophic damage. Satoshi, the anonymous founder of bitcoin, was previously last seen active on 30 th Feb 2011. Since then, the digital currency has risen magnitudes in value, but he was not seen again. Tonight, however, after the crypto-threatening news being broken worldwide, Satoshi himself has come back and posted his intent to hard-fork Bitcoin to a proof-of-stake algorithm. How Did This Happen?! The news was first brought to attention in the close-knit community of r/cryptocurrency on Reddit by Expert Redditor u/Underrated321. Many members were visibly upset. “It is unthinkable. To see such a beautiful algorithm c

  Moonshots. A dream many of us try to catch, but often we are too late to get in. But is Raydium a realistic possibility? Is Raydium legit? Let’s find out! What is Raydium Crypto? Raydium is a cryptocurrency built for the Raydium/Serum decentralised crypto exchange. What this means is that it’s built to act as an automated market marker (AMM) and to provide liquidity in trading pairs. The Raydium platform is built on the Solana blockchain, and is an example of blockchain scaling. The token was launched in early 2021, meaning that in 2022, it’s only a year old. Given that it’s a utility token, it has huge potentials. Raydium Tokenomics Raydium has a total supply of 555M tokens, and each token (as of writing this article) is worth $3.35 US dollars. This means, it has a total market cap (again, as of writing this article) of $316M US dollars. This means it’s still a relatively small project, with the potential to reach in the billions in the future. The token’s all-

What is NANO (XNO)? Nano is a peer-to-peer decentralised cryptocurrency (digital currency) released on 4 October 2016. Nano originally had the token symbol NANO, but recently changed to XNO  in an effort to be ISO compliant with regards to currency codes. It uses a proof-of-stake algorithm to create new blocks and its distinguishing feature is that it is a fee-free cryptocurrency; there are no transaction fees. Note that this currency is not related to Ledger Nano devices or the Ledger crypto wallet. The coin was built to combat blockchain scalability issues, notably to combat rising gas fees with a blockchain network underload (as we’ve seen famously with Ethereum). Today, the price of XNO is a mere $2.37, a far-cry from its all-time-high (ATH) of $37.62 from early 2018. Nano Tokenomics Nano has a supply of just over 133 million XNO tokens. As there are no network fees to be paid out, there are no nano tokens locked up, and all the tokens are in circulation. As such,

It’s the end of the month, and you receive your pay check. Wait, it’s a new year, and a new decade! You decide to take a leap of faith and set aside $100 from your paycheck. The next day, you wake up and purchase $100 of this weird new cryptocurrency called Crypto.com Coin or $CRO. Cool domain, you think. And you have been doing this every month since. Today, the 31 st of March 2022, a little over 2 years after, how much do you have? Let’s find out! [Note: $CRO has recently been renamed to Cronos (formerly Crypto.com Coin)] What is DCA? DCA stands for ‘dollar cost average’ which essentially means you are buying a certain asset for its average price on the long run by putting a little bit of money aside at a regular interval. If we expect an asset will rise in value in the future, and we acquire it for its average price over, say, the last 2 years, then our asset will be worth more than we put in.    The idea is that this is a relatively safe principle that does not rel

Ledger devices have been used for a better part of a decade; and they are indeed excellent hardware wallets. They are supported by numerous third-party crypto wallets, and arguably provide the best consumer-end cryptocurrency security out there. But the problem lies within the company’s first-party application – Ledger Live. Ledger Live - What is it? Ledger Live is the main application used to interact with your Ledger hardware wallet. It can install various apps that are required for interacting with specific blockchains, update your Ledger device firmware and keep track of a list of crypto assets. In other words, for the average user, the application is necessary to actually use the ledger device, even if the user only intends to use it with third party applications. Ledger Live’s Data Collection Policy Here’s what Ledger’s Chairman and Co-Founder says, replying to a post on Reddit: [Source: https://www.reddit.com/r/ledgerwallet/comments/8xdgfi/comment/e22jqdi/?utm_