Lily YinDefilLama DataViz UX Audit
I am learning how to read and use DefilLama, and I found that I want to conduct a UX audit! Please correct any errors in this statement. Chart 1 UX Audit The below chart shows the fees by chain. Cons: Filters 1. User Interactivity: The chart's interactivity options could be clearer. Specifically, the ability to select and view "fees by chain" across different blockchains needs to be made more intuitive. Perhaps the addition of dropdown menus or radio buttons could facilitate this. 2. Com...
Lily YinCrypto 101(1)
I have long learned about Web 3.0 and crypto and would love to share my learning journey with you. What is crypto? Crypto is short for "cryptocurrency", which is a digital or virtual currency that uses encryption techniques to secure and verify transactions and to control the creation of new units. Cryptocurrencies use a decentralized system, known as a blockchain, to maintain a public ledger of all transactions. Unlike traditional currencies, such as the US dollar or the Euro, cryptocurrenci...
Lily YinCrypto 101(2)- Wallet
What is a crypto wallet? what are they? number of users? and pros and cons?Which is easier to start with for beginners?Exchange wallets offer the advantage of seamless integration with trading services provided by the respective exchanges. They are convenient for users who frequently engage in buying, selling, and trading cryptocurrencies. However, it's important to note that exchange wallets are custodial in nature, meaning you rely on the exchange to hold and manage your private keys. ...
Senior Product Designer | Product Innovation & Experiment | User-Centered Design | Data-Driven Iteration
Lily YinDefilLama DataViz UX Audit
I am learning how to read and use DefilLama, and I found that I want to conduct a UX audit! Please correct any errors in this statement. Chart 1 UX Audit The below chart shows the fees by chain. Cons: Filters 1. User Interactivity: The chart's interactivity options could be clearer. Specifically, the ability to select and view "fees by chain" across different blockchains needs to be made more intuitive. Perhaps the addition of dropdown menus or radio buttons could facilitate this. 2. Com...
Lily YinCrypto 101(1)
I have long learned about Web 3.0 and crypto and would love to share my learning journey with you. What is crypto? Crypto is short for "cryptocurrency", which is a digital or virtual currency that uses encryption techniques to secure and verify transactions and to control the creation of new units. Cryptocurrencies use a decentralized system, known as a blockchain, to maintain a public ledger of all transactions. Unlike traditional currencies, such as the US dollar or the Euro, cryptocurrenci...
Lily YinCrypto 101(2)- Wallet
What is a crypto wallet? what are they? number of users? and pros and cons?Which is easier to start with for beginners?Exchange wallets offer the advantage of seamless integration with trading services provided by the respective exchanges. They are convenient for users who frequently engage in buying, selling, and trading cryptocurrencies. However, it's important to note that exchange wallets are custodial in nature, meaning you rely on the exchange to hold and manage your private keys. ...
Senior Product Designer | Product Innovation & Experiment | User-Centered Design | Data-Driven Iteration
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What are the different blockchain consensus algorithms, their differences, and pros and cons?
What are the applications associated with each consensus mechanism?
___________________________________________________________________________________________
Explanation of how the Proof of Work (PoW) consensus mechanism works
___________________________________________________________________________________________
Mechanism of creating new blocks in a blockchain PoW
Exploration of Bitcoin's implementation of PoW
___________________________________________________________________________________________
PoS
Proof of Stake (PoS) is a consensus mechanism with distinct characteristics.
Delegated Proof of Stake (DPoS) utilizes an election-based approach to validate transactions and generate blocks
Researching Ethereum 2.0 (Eth2) as a significant case of using PoS
___________________________________________________________________________________________
DPoS
Understanding the characteristics of the Delegated Proof of Stake (DPoS) consensus mechanism
Exploring EOS and TRON as examples of projects using DPoS
__________________________________________________________________________________________
Understanding how the Practical Byzantine Fault Tolerance (PBFT) consensus mechanism
Exploring Hyperledger Fabric and R3 Corda as examples of projects using PBFT
What are the different blockchain consensus algorithms, their differences, and pros and cons?
What are the applications associated with each consensus mechanism?
___________________________________________________________________________________________
Explanation of how the Proof of Work (PoW) consensus mechanism works
___________________________________________________________________________________________
Mechanism of creating new blocks in a blockchain PoW
Exploration of Bitcoin's implementation of PoW
___________________________________________________________________________________________
PoS
Proof of Stake (PoS) is a consensus mechanism with distinct characteristics.
Delegated Proof of Stake (DPoS) utilizes an election-based approach to validate transactions and generate blocks
Researching Ethereum 2.0 (Eth2) as a significant case of using PoS
___________________________________________________________________________________________
DPoS
Understanding the characteristics of the Delegated Proof of Stake (DPoS) consensus mechanism
Exploring EOS and TRON as examples of projects using DPoS
__________________________________________________________________________________________
Understanding how the Practical Byzantine Fault Tolerance (PBFT) consensus mechanism
Exploring Hyperledger Fabric and R3 Corda as examples of projects using PBFT
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