These past months I've been researching how blockchains work and every day I learn something new and realize more how little I know how everything really works.
I mean sure, most of us know the basics:
- BTC is a store of value
- ETH has a shit ton of use cases and a massive ecosystem
- DeFi is the future
- Putting money in crypto long term is better than let my money rot away in a savings account
- Staking is good long term
But how many of us really know the IT side of how the blockchain works.
I bet lots of us have questions like:
¿Why am I earning APY for staking? ¿How the fuck does a validator node validate? ¿How is a block created? ¿Why are blockchains so secure and hard to hack? ¿How do you REALLY know something is decentralized?
I'll be honest, I don't fully understand any of these concepts.
Many of these things I don't know because of lack of research and I ain't the brightest fella of the block.
TL;DR : Am I the only one that finds how blockchains truly work hard to understand? Or am I not alone?
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments