Michael's Musing - #11 The robots are coming to save us.
GPT-3, a large-scale language processing model developed by OpenAI, has the potential to impact the cryptocurrency industry in several ways. One way is by improving the user experience of cryptocurrency platforms and applications. GPT-3's ability to generate human-like text and respond to natural language queries could be used to enhance the user interfaces of cryptocurrency wallets, exchanges, and other applications. This could make it easier for users to interact with these platforms a...
Michael's Musing - #11 The robots are coming to save us.
GPT-3, a large-scale language processing model developed by OpenAI, has the potential to impact the cryptocurrency industry in several ways. One way is by improving the user experience of cryptocurrency platforms and applications. GPT-3's ability to generate human-like text and respond to natural language queries could be used to enhance the user interfaces of cryptocurrency wallets, exchanges, and other applications. This could make it easier for users to interact with these platforms a...
Michael's Musings - #10 Time to be Optimistic!
Coinbase is a popular cryptocurrency exchange that allows users to buy, sell, and store various cryptocurrencies. In recent news, Coinbase announced that it will now support native transfers of the Optimism protocol on its platform. This is significant for several reasons. First, it allows Coinbase users to access the Optimism protocol without having to go through the hassle of transferring their funds to a different platform. This is particularly important for users who value the added secur...
Michael's Musings - #10 Time to be Optimistic!
Coinbase is a popular cryptocurrency exchange that allows users to buy, sell, and store various cryptocurrencies. In recent news, Coinbase announced that it will now support native transfers of the Optimism protocol on its platform. This is significant for several reasons. First, it allows Coinbase users to access the Optimism protocol without having to go through the hassle of transferring their funds to a different platform. This is particularly important for users who value the added secur...
Michael's Musings - #9 Internet from space
Elon’s SpaceX announced a partnership with T-Mobile, where T-Mobile users will be able to leverage SpaceX’s Starlink constellation, eliminating dead zones and offering reciprocal roaming to carriers in other countries. This is potentially a huge step in bringing connectivity to people outside of major metros, and has the potential to impact people far more than just great mobile service. The Pieces Space internet Connectivity from space can provide far better/complimentary coverage to users i...
Michael's Musings - #9 Internet from space
Elon’s SpaceX announced a partnership with T-Mobile, where T-Mobile users will be able to leverage SpaceX’s Starlink constellation, eliminating dead zones and offering reciprocal roaming to carriers in other countries. This is potentially a huge step in bringing connectivity to people outside of major metros, and has the potential to impact people far more than just great mobile service. The Pieces Space internet Connectivity from space can provide far better/complimentary coverage to users i...
Michael's Musings #8 - POAPs
What are POAPs? POAPs stand for Proof of Attendance Protocol, and are a digital proof that the user attended an event (virtual or physical). Examples of this could be attending a virtual discord town hall, supporting a protocol at a milestone or even a merged pull request! These POAPs act as a passport or badge on where you’ve been. They are standard NFTs (ERC - 721s) and usually live on the main POAP page, but can also be transferred to your eth wallet. Why use POAPs? They’re fun! POAPs hark...
Michael's Musings #8 - POAPs
What are POAPs? POAPs stand for Proof of Attendance Protocol, and are a digital proof that the user attended an event (virtual or physical). Examples of this could be attending a virtual discord town hall, supporting a protocol at a milestone or even a merged pull request! These POAPs act as a passport or badge on where you’ve been. They are standard NFTs (ERC - 721s) and usually live on the main POAP page, but can also be transferred to your eth wallet. Why use POAPs? They’re fun! POAPs hark...
Michael’s Musings #7 - APR vs APY
“Compound interest is the most powerful force in the universe. He who understands it, earns it; he who doesn’t, pays it.” - Albert Einstein APR vs APY at its core is the difference of compounding. APR (annual percentage rate) represents the yearly rate imposed for earning or borrowing money, while APY (annual percentage yield) accounts for compounding. Different groups will use the rate that makes them look better, such as lending companies referencing APR, while companies that deal with inve...
Michael’s Musings #7 - APR vs APY
“Compound interest is the most powerful force in the universe. He who understands it, earns it; he who doesn’t, pays it.” - Albert Einstein APR vs APY at its core is the difference of compounding. APR (annual percentage rate) represents the yearly rate imposed for earning or borrowing money, while APY (annual percentage yield) accounts for compounding. Different groups will use the rate that makes them look better, such as lending companies referencing APR, while companies that deal with inve...
