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 YinDefi Core Concepts Clarification
I am learning how to read and use defillama referring to an article from altcoinbuzz. I had come across a lot of concepts in the Defi world and I like to share them with you. https://www.altcoinbuzz.io/bitcoin-and-crypto-guide/a-walkthrough-of-the-defillama-platform/ https://defillama.com/ TVL TVL (Total Value Locked): Counts all tokens used as CDP collateral. On a technical level, we get all collateral tokens by getting the event, get the locked amount by calling the balanceOf() function dir...
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 YinDefi Core Concepts Clarification
I am learning how to read and use defillama referring to an article from altcoinbuzz. I had come across a lot of concepts in the Defi world and I like to share them with you. https://www.altcoinbuzz.io/bitcoin-and-crypto-guide/a-walkthrough-of-the-defillama-platform/ https://defillama.com/ TVL TVL (Total Value Locked): Counts all tokens used as CDP collateral. On a technical level, we get all collateral tokens by getting the event, get the locked amount by calling the balanceOf() function dir...
Senior Product Designer | Product Innovation & Experiment | User-Centered Design | Data-Driven Iteration
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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. This reduces your control over your funds compared to non-custodial wallets.
When using exchange wallets, it's crucial to consider the reputation, security measures, and trustworthiness of the exchange. Additionally, it's recommended to consider using separate wallets for long-term storage or larger amounts of cryptocurrency, as keeping funds on an exchange carries certain risks.
What are a private key and a public key?
In every transaction, here is a private key and a public key.
Does OKX use an exchange wallet?
How does exchange Wallet work?
Startup working on wallets?
The core technology in the company developing 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. This reduces your control over your funds compared to non-custodial wallets.
When using exchange wallets, it's crucial to consider the reputation, security measures, and trustworthiness of the exchange. Additionally, it's recommended to consider using separate wallets for long-term storage or larger amounts of cryptocurrency, as keeping funds on an exchange carries certain risks.
What are a private key and a public key?
In every transaction, here is a private key and a public key.
Does OKX use an exchange wallet?
How does exchange Wallet work?
Startup working on wallets?
The core technology in the company developing wallet?
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