The Ukrainian government and non-profit organizations amassed more than $19 million in cryptocurrencies as the help in the war with Russia. According to Elliptic, the donations digital assets include Bitcoin, Ethereum, and Tether. Also, experts consider crypto-assets to be a vital form of crowdfunding during the Russian military invasion since they enable transactions to be completed rapidly and without the constraints imposed by regular banking institutions. Nearly 56% of the $18.9 million in donations are for Bitcoin, 32 % for Ethereum, and 11% for other cryptocurrencies (including stablecoins, such as Tether, USD Coin, Dai, etc). On February 28, the 115.3 BTC and at least 1961 ETH had been gathered.

Russia’s military invasion of Ukraine has impacted global markets, including the cryptocurrency industry. However, the surge of asset sales is lost, and the exchange rate of key virtual assets falls too. This was the conclusion reached by analysts at the worldwide Grayscale Investments after studying the factors influencing the price of crypto-assets. Thus, the analysts say there is a great connection of the Bitcoin rate with the S&M 500 and PCT stock indexes at the beginning of 2022. According to reports, the recent surge in risky assets has been halted by news of Ukraine’s preparations for war.

Large market players predict that further Russian auctions may result in a decline in the currency rate. On the other hand, the quotes have already found their bottom since the market is already falling in anticipation of further Russian Federation military actions. At the same time, Grayscale experts believe that if the rates continue to decrease in the coming days or weeks, the sellers’ momentum will worsen. However, in addition to the geopolitical scenario, the impact on the crypto industry may be triggered by an increase in interest rates by the United States Federal Reserve.

We have to mention that the Ukrainian government legally collects donations in Bitcoin, Ether, and Tether. The wallet addresses were published on the country’s official Twitter account, as well as the Minister of Digital Transformation Mykhailo Fedorov. Vitalik Buterin, creator of the Ethereum cryptocurrency, and Justin Sun, author of the Tron crypto-project, both voiced fear that Twitter accounts may be stolen. However, the Ukrainian mission to the World Trade Organization (WTO) stated that the authorities do accept cryptocurrency donations. Furthermore, everyone may join the campaign and help to halt Russia’s large-scale invasion of independent Ukraine. Mykhailo Fedorov, Minister of Digital Transformation, announced the crypto wallet for Bitcoin, Ethereum, and Tether to raise funds to fight the aggressor. The collected cryptocurrency will go to support the National Police, the National Guard, the State Border Guard Service, and the State Emergency Service of Ukraine:

BTC — 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P

ETH — 0x165CD37b4C644C2921454429E7F9358d18A45e14

USDT (trc20) — TEFccmfQ38cZS1DTZVhsxKVDckA8Y6VfCy

Valentyna Bereza, Team bit4you.

Este artículo también aplica para personas que han conversado algunas veces del mundo crypto y saben que bitcoin está basado en la tecnología de blockchain pero realmente no saben nada más profundo. Voy a intentar de usar la menor cantidad de términos posibles pero que se entienda el panorama.

Primero que nada, hay muchísima información de baja calidad que solo busca que compres una moneda digital(comúnmente llamado token, felicitaciones tu primer término!) diciendote que es el futuro y que va a valer millones en unos meses. Estos suelen utilizar términos tecnológicos “complejos” para desviar tu atención y terminar los argumentos con una proyección de crecimiento exponencial.

Lamentablemente el mercado no se puede predecir con tal facilidad, si no, todos seríamos millonarios jajaja. Recomiendo realmente enfocarse en las formas en las que la tecnología puede afectar a las personas porque en eso no hay especulación solo desarrollo.

Para poder entender mejor bitcoin, NFTs y otras palabras más extrañas del mundo crypto hay que saber qué cosa es el blockchain. Imaginate que estas planeando irte a la playa con algunos amigos y hacen un excel para gestionar los gastos. Si este excel solo lo tiene una persona, todos tienen que confiar en él para que no se le pierda, para que no lo edite sin el permiso de los demás, lo muestre cada vez que alguien quiera, etc. Cuando son unos cuantos amigos esto puede ser tarea sencilla, pero qué pasa si ocurre esto en una empresa, tienen que haber más personas encargadas, más excels, más confianza, etc. La complejidad aumenta rápidamente con el crecimiento de la empresa.

Si es que el excel de gastos tenía ciertas compras ya registradas y se compraron más artículos, se le agregan a esta cadena de compras ya existente. Esta es una analogía a lo que es el blockchain, cada pedazo de información que se agrega a la cadena se llama bloque y a la cadena de estos, blockchain.

Se tienen diferentes personas a lo largo del mundo buscando poner un bloque más a esta larga cadena debido a que con cada bloque añadido se les da un incentivo(normalmente un token, en el caso del blockchain de bitcoin, se le entrega este). Solo una persona puede colocar un bloque de información a la vez por lo que deberán competir sobre quién lo logra colocar primero.

El bloque contiene datos de diversos tipos. Puede ser desde transacciones monetarias, certificaciones, bienes digitales, contratos, etc. ¿Pero porqué usar esto en vez de métodos tradicionales? Primero dejame contarte de un par de términos para que se entienda mejor su beneficio.

Para que pueda proceder esa transacción y colocar el bloque, ocurre un proceso computacional un tanto complejo que básicamente busca hacer operaciones matemáticas y el que hace la operación más rápido gana. Una vez que logra descifrar esta operación matemática, se la muestra a todas las demás computadoras en el mundo(o también llamados nodos) que están tratando de hacer lo mismo y si están de acuerdo que se logró, entonces se coloca el bloque en la cadena.

No quería asustarte con los términos pero este proceso de poner un nuevo bloque se le conoce como minar y las personas que lo realizan son los mineros. Por otro lado, el proceso computacional es el Proof of Work pero ahorita no importa mucho eso. Es importante mencionar que este proceso lo hacen las computadoras automáticamente. Por más que se le llamen mineros a las personas que operan estas máquinas, el trabajo manual es mínimo.

Lo interesante de estas cadenas es que las partes que escriben la información nueva(los bloques) lo hacen de manera pública. Ahorita mismo puedes entrar a blockchain.com/explorer y ver todas las transacciones en tiempo real a lo largo de todo el mundo. Se puede ver cómo se actualizan los bloques minados en tiempo real y como todo está codificado(o encriptado mejor dicho), nadie sabe de quién viene y hacia dónde va. Justamente como todo es público y los bloques están siendo supervisados por los nodos, la información escrita no puede ser alterada por alguna persona sin que todas las computadoras lo detecten y lo boten del sistema.

Ya Bruno te creo hasta ahora pero, ¿para qué sirve todo esto? Este proceso es el esquema de operación principal de bitcoin y es muy útil desde un punto de vista meramente financiero y económico que explayo acá.

También hay muchas otras aplicaciones interesantes como por ejemplo el poder hacer un seguimiento de los votos en las elecciones. Si es que emites tu voto en un blockchain, este está encriptado por lo que es secreto, no se puede modificar una vez inscrito y está todo público por lo que se tiene una mayor transparencia. Todo esto además de ser más rápido y no necesitar de mesas de votación ni miembros de mesa.

Por otro lado, se tiene el poder realizar el registro de tu vivienda. Imagínate que quieres comprar una casa y cerciorarte que el vendedor es el dueño del inmueble. Actualmente la persona saca su título de propiedad firmado y sellado por un notario. No solo este puede ser falso, si no también puede perderse, no contener la información completa, entre otras cosas. Si esto estuviera en un sistema de información como blockchain, se dispone de los beneficios mostrados anteriormente.

Espero que esto te haya sido útil y ya no tengas miedo cuando te hablen de blockchain, minar, nodos y otras cosas más. Hay veces que tanta información de cosas abstractas además de los términos puede ser un poco agotador pero es muy divertido cuando se explica con simpleza.

Si te gustó mandaselo a alguien y te invito a suscribirte a La Crypta, que es una revista que escribo con un par de amigos todas las semanas en la que hacemos un análisis económico del mundo crypto además de contar algunas noticias relevantes.

As we covered in the first article about NFTs, cryptocurrencies and NFTs are built on the blockchain.

Before thinking about how you can make money through NFTs, there is something more important that you should consider first. And that is YOUR WALLET SECURITY!

Many people made a HUGE gains by investing in crypto and NFTs but could no longer access their assets due to different reasons. Yes, thousands and hundreds of thousands of dollars $$$,$$$ are lost because of that.

This means, getting these things straight is your first step into the world of cryptocurrencies and the metaverse.

There are 2 types of wallets that we will cover in this article. Both of them enable you to store your funds and they have 2 things in common:

A public key is like your email address, you can share it with others as a way of identifying you. Your friends can send you money on that public key or address.

Note here, each blockchain has its own type of public keys:

For Ethereum it looks something like this: 0xDC25EF3F5B8A186998338A2ADA83795FBA2D695E

Your private key is like your password, you wouldn’t give it to anyone else. If someone gains access to it, you’re f*cked!

Private Keys are also like your signature on the blockchain. Each transaction should be signed by the private keys to be validated and registered on the blockchain. That being said, make sure to DOUBLE-CHECK each contract you are signing through your wallet!

Almost like your bank account. Custodial wallets are created and controlled by an entity, usually centralized crypto-exchanges (CEX) like Coinbase, Binance, FTX… or banks. They are created and held by these entities because you trust them. Custodial wallets are easy to use and your password is stored on the server of that company. In case you forget it, you might be able to re-gain access through ID verification or other ways.

Custodial wallets are easy to use and very intuitive in a way that makes buying and selling crypto quite smooth.

However they have some limits, the major 2 downsides of custodial wallets are:

On the other hand, non-custodial wallets are completely owned and controlled by YOU. Therefore you’re the one responsible for your wallet’s security, not any third-party.

Non-custodial wallets can be in the form of software, either a browser-extension or a mobile app. But there are also non-custodial hardware wallets.

When setting up your non-custodial wallet for the first time, you must safely store your SEED PHRASE so no one but you can access it!

The seed phrase is composed of 12 or 24 words that you must note somewhere safe. And you must keep them in the generated order (picture below).

If you lose your seed phrase, you are f*cked!

If someone knows what is your seed phrase, you are… (hopefully you got it by now). No one with good intentions will ever ask for your seed phrase, not even the customer support of your wallet. AGAIN, don’t share your seed phrase with ANYONE!

Although non-custodial wallets might seem somewhat complicated at first, you’ll quickly get used to them, and you should! Because that is how you can trade the real NFT Projects and it also grants you access to Decentralized Exchanges (DEX) on which you can find all the coins you may want to buy.

Some non-custodial wallets like MetaMask are compatible with Ethereum, Polygon blockchain and Layer 2 scaling solutions (L2s) for

Most famous NFTs Marketplaces on Ethereum are OpenSea, Rarible, Foundation… And if you remember what we said in the first article, each blockchain has its own NFTs, the same goes for these platforms. Although there is emerging marketplaces that support different chains.

If you plan to use to Solana chain, Phantom or Solfare are two of the best options possible for non-custodial wallets.

If you’re just starting out with crypto, our advice is to go for a custodial wallet at first. Use it for your first transactions.

Once you get used to it, then you can start experimenting with non-custodial wallets. But stay safe, there are so much scams out there! DON’T ever share your seed phrase or private keys! Don’t sign transactions on any website that isn’t audited and verified by renowned companies.

The crypto and NFT spaces are full of inspiring and amazing people that you can network with. Nonetheless, there are also many scammers and thieves who are always looking to grab some coin.

We hope this article gave you some useful information about wallets and how to use them. If you still are struggling with any information, don’t hesitate to share with us your questions or the topics you would like us to cover.

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In this detailed article, you will find 10 must-know facts about JumpTask that will help you get to know the platform in-depth (or introduce it to your friends without making them read our extensive whitepaper!). From the initial idea to future ambitions — we’re about to cover it all!

With the numbers the platform is boasting now, it’s hard to believe it — but JumpTask really is less than two months old at this point! In its first month, it attracted over 160K users, and almost 40K people accumulated some JumpTokens (JMPT) in their crypto wallets. By now, the number of active users has reached 230K+ — say what you will, but JumpTask really got a strong start!

Providing unmatched flexibility in terms of controlling your own workload and hours, the gig economy has been quickly gaining speed worldwide. While some people use gigs to complement their primary income, others replace it with them — often juggling a few different types of gigs at the same time. By consolidating dozens of earning opportunities into one convenient platform, JumpTask will make it a lot easier to handle! Using blockchain technology will add transparency and reliability to all contracts, and decentralized protocols developed in the third stage (see #6!) will turn the deals between task suppliers and workers effortless.

JumpTask launched its own crypto token to fuel the platform! It’s called JumpToken (JMPT), and is already among the Top 100 BSC ecosystem tokens globally in terms of holders.

JMPT is currently available on PancakeSwap – and the team is already working on getting it on UniSwap, too! JMPT has been audited by Quillhash. Every JumpTask’s partner has to obtain funds in JMPT to be able to offer users their tasks and compensate them for timely completion – which means the token has a strong inbuilt demand. Isn’t that what every investor wants to hear?

While there of course are more specialists working on developing the app and the website, onboarding new partners, writing press releases, and doing other business-crucial work, there are 2 key people that came up with the initial idea of the platform and dove into it head-on:

Both guys are not just highly experienced in their respective fields but have also been avid crypto enthusiasts for years. Did you know Juozapas bought his first coins a whole decade ago when cryptos were still considered niche? The duo’s collective experience and interests enabled them to understand the needs of the market really well and come up with an innovative project that both businesses and individuals around the world can benefit from.

Being a new kid on the block, JumpTask initially planned to only introduce one task module per quarter. However, since forming a strong partnership enabled it to reach its first goals way faster than anticipated, the second module is now already in development and will debut by the middle of March. As time goes by, more and more task modules will be introduced gradually into the platform: as of now, there are more than 15 modules planned.

What earning opportunities can you expect exactly? Think of image interpretation, small-scale translations, polls and surveys, watching ads or manually testing applications. The more modules we introduce, the more users can earn with JumpTask – and the ever-growing user base is the best motivator for new partners to join the platform with their supply of new tasks.

However great and beneficial for an innovation project blockchain and decentralization are, they are also complex and time-consuming. They also make it harder to onboard new partners, who might not necessarily have any previous experience with blockchain technology and may require extensive support. Because of this, the team has decided to simplify onboarding by implementing each new module in 3 distinct steps:

This way, each new partner will be able to step into the platform at a comfortable pace, gradually getting more and more control over their task supply. In the end, they can start signing contracts with workers without any involvement by JumpTask!

Read more: 3 Steps That Will Lead JumpTask to the World of Decentralization.

jumptask.medium.com

Everyone who has ever tried to launch a business knows the first partnerships are crucial. Not only do they play a massive role in shaping your project’s public image and gaining trust, but they can also enable you to directly reach your potential user base if you play your cards right!

JumpTask certainly did do their homework very well in this regard: they succeeded by getting a passive income application Honeygain as their first partner – a company that not only has a massive user base that’s enthusiastic about earning opportunities but has also been in the industry for 2+ years and can share a ton of technological know-how. Luckily, Honeygain was actively looking for ways to offer their users faster payouts with minimal fees – and the BSC-based JMPT turned out to be the perfect option!

According to Crypto.com, only about 106 million people in the entire world are currently using cryptocurrencies – which means a massive part of the world is yet to discover them. Even though millions more find it fascinating, many are unsure whether they should invest their hard-earned fiat money on something they still have little understanding about. But you can’t really learn if you never try, right? JumpTask is a great place for people to start earning in crypto without investing too much time or effort and start using these profits to trade or HODL – the choice is theirs.

A liquidity pool is an absolute must for any crypto project since it allows for decentralized trading facilitation. It’s also rather common among transparent and trustworthy projects to lock a part of it away as a certain anti-scam guarantee: locked funds make it impossible for the team to trick the investors by collecting the money and leaving the project to rust. JumpTask has locked its current liquidity pool for six months. “We want our users and investors to understand that we’re not here for a quick ride – we strive to have a massive and long-term impact on the gig economy industry,” Adomas Ronkaitis, the company’s CBDO, concludes.

The start of JumpTask was very strong – and yet, it’s still the beginning of the journey! Already signing new partnerships and developing new modules, the team is planning a steady growth in terms of both user base and task supply. The more modules and task types we introduce, the larger user base we can attract – which in turn encourages even more partners to join.

According to McKinsey, those who are currently working in the gig economy declare the highest levels of personal happiness of all workforce segments. In addition, millions of full-time workers are looking to supplement their main income with side gigs – which means there’s a massive potential for a globally-available online earning platform that offers its users a chance to make money in various but never complex or time-consuming ways.

Interested in earning online and exploring the crypto world in the process? Join JumpTask now and get ready for the revolution.

See an overview of the steps below:

Create an account at Coinbase.com with the app

Add a payment account to coinbase

Tap ‘trade’ on the top-right of the Coinbase website or app.

Confirm the details before you buy

Despite its recent outage, Coinbase is back online. It has long been a go-to spot to buy cryptocurrencies. It’s easy to create an account and get up and running in just a few minutes. Just enter in your name, email and password to sign up.

You can add an account by tapping “trade” on the Coinbase website for the first time. This allows you to choose what you want to buy and how you’re going to pay. I linked my bank account and a debit card.

A bank account gives you a higher buying limit of $25,000, but your purchases will be on hold for a few days. A debit card gives you instant access to your crypto purchases, but you have a $3,000 buying limit.

Choose how much bitcoin you want to buy. If I spend $15, at current levels, I’ll get about 0.00112114 bitcoin. Next, pick how you want to pay, whether it’s the bank account you’ve set up or your debit card. Finally, tap “preview purchase.”

There was a $1.49 fee for my purchase, but the fees can be greater depending on how much bitcoin you buy and whether you use your debit card or checking account to pay for it.

Then Tap “Buy now” to complete it. If the exchange range changes while you wait, the purchase will fail, so move quick if you want to buy at the current bitcoin price.

That’s all there is to buying some bitcoin. It’s quick and easy. You can tap the “trade” button again to sell your bitcoin for cash to deposit back into your bank account, or convert it to other cryptocurrencies on the Coinbase exchange. Also, you can use the guide above to other cryptocurrencies supported on the exchange, such as ethereum, litecoin, XRP and more.

Again, this is not an endorsement to buy any of those. Do your research first.

Generate Regular Passive Income Without Buying Mining Hardware.

READ MORE:

https://voskcoins.co/blog/bitcoin-101/how-buy-bitcoin-coinbase-598