xuanling11Crypto Paycheck
Photo by Mario Gogh on UnsplashEmployees will receive their paycheck in the period as a reward for their work. However, the employer wants to pay less to employees so that they can have maximum profits. The tension between working and anti-working has increased ever since. TL;DR Nobody wants to work unless they can pay fairly. Fiat payment may not be sustainable to satisfy what workers can contribute if the employer continues paying less and gaining more from profits. Employees will want thei...
xuanling11Defi Review #4: AAVE The Defi Lending Services
AAVE is a decentralized finance lending service before decentralized finance even existed. It is an innovation lending service in crypto and one of the first kind. However, the lending service may only restrict to the crypto community and it may expand into the traditional financial field later. TL;DR AAVE is a crypto lending financial service which to provides lending services to the crypto community. They focus on security and smart contract lending may be the future of financial services. ...
xuanling11Stablecoin Crisis
Stablecoin is in the crisis mode. The most reputable stablecoin USDC is depegged. It is all triggered by the traditional bank collapse - Silicon Valley Bank or SVB collapse. Why traditional bank collapse impacts crypto stablecoin? Let's sort this out and reveal how stablecoin operates. First, why SVB collapse? The short answer is overleveraged. SVB is one of the 20 largest commercial banking in the United States. Some even estimate the bank owned half of startup assets. Bank operated in ...
xuanling11Crypto Paycheck
Photo by Mario Gogh on UnsplashEmployees will receive their paycheck in the period as a reward for their work. However, the employer wants to pay less to employees so that they can have maximum profits. The tension between working and anti-working has increased ever since. TL;DR Nobody wants to work unless they can pay fairly. Fiat payment may not be sustainable to satisfy what workers can contribute if the employer continues paying less and gaining more from profits. Employees will want thei...
xuanling11Defi Review #4: AAVE The Defi Lending Services
AAVE is a decentralized finance lending service before decentralized finance even existed. It is an innovation lending service in crypto and one of the first kind. However, the lending service may only restrict to the crypto community and it may expand into the traditional financial field later. TL;DR AAVE is a crypto lending financial service which to provides lending services to the crypto community. They focus on security and smart contract lending may be the future of financial services. ...
xuanling11Stablecoin Crisis
Stablecoin is in the crisis mode. The most reputable stablecoin USDC is depegged. It is all triggered by the traditional bank collapse - Silicon Valley Bank or SVB collapse. Why traditional bank collapse impacts crypto stablecoin? Let's sort this out and reveal how stablecoin operates. First, why SVB collapse? The short answer is overleveraged. SVB is one of the 20 largest commercial banking in the United States. Some even estimate the bank owned half of startup assets. Bank operated in ...
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When Helium abandoned its blockchain and switched to Solana, I was shocked! It had never happened before, but anything can happen in Web3, right?!
https://twitter.com/BillyM2k/status/1565144893630005250
First of all, this is not a chemical element with the symbol He and atomic number 2.
It is the People's Network.
Their goal is to allow low-powered wireless devices to communicate with each other and send data across their network of nodes. It is to prepare for IoT or the Internet of Things.
https://twitter.com/HeliumFndn/status/1564723480138055687
Helium has no advantage of their invention on "Proof of Coverage" (PoC) that works to verify hotspots are located where they claimed.
Why do double work to verify hotspots if the service provider has identification verified in the first place?
Their proposal claimed to increase its speed through scalability.
The truth is their assumption is wrong at the beginning.
My guesses here are:
they raised $200M funds that need to deliver products
they cannot meet the expectation
they share their price with Solana to come up with something new
they are likely to be quite quitting in the coming years
Oh, if you bought a Helium token, you just got rugggggggggggggggg...
If you enjoy reading my articles, buy me a coffee here. Photo by Aaron Burden on Unsplash
When Helium abandoned its blockchain and switched to Solana, I was shocked! It had never happened before, but anything can happen in Web3, right?!
https://twitter.com/BillyM2k/status/1565144893630005250
First of all, this is not a chemical element with the symbol He and atomic number 2.
It is the People's Network.
Their goal is to allow low-powered wireless devices to communicate with each other and send data across their network of nodes. It is to prepare for IoT or the Internet of Things.
https://twitter.com/HeliumFndn/status/1564723480138055687
Helium has no advantage of their invention on "Proof of Coverage" (PoC) that works to verify hotspots are located where they claimed.
Why do double work to verify hotspots if the service provider has identification verified in the first place?
Their proposal claimed to increase its speed through scalability.
The truth is their assumption is wrong at the beginning.
My guesses here are:
they raised $200M funds that need to deliver products
they cannot meet the expectation
they share their price with Solana to come up with something new
they are likely to be quite quitting in the coming years
Oh, if you bought a Helium token, you just got rugggggggggggggggg...
If you enjoy reading my articles, buy me a coffee here. Photo by Aaron Burden on Unsplash
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