Rafael Tonin (@rtonin) • Hey
Criador de conteúdo e entusiasta de Bitcoin, DeFi, Tech e mercado financeiro digital.
Publications
- Happy New Year my Web3 Frens!! Have a great 2024!!
- Based on the ongoing attention needed to turn over the world to the.ongoing scene let's start to... falar em português do Bras(z)il!! Comunidade brasuca e que tenha ideias pra agregar no contexto de quem já esteja por aqui. Tenham absoluta certeza de que o 🪂já trilhado valeu a pena e que estamos juntos na jornada!! Se for pra analisar quem efetivamente tem contato com tecnologia e que efetivamente esteja por aqui, certo que temos menos de 1%. Let's get it going...
- Sorry for the the whole ecosystem and we will always be together but I'm really i need of trying to onboard my country on the endeavors of web3# Thanks for the ones who are here with me!! @lens/caiovicentino @lens/joaohazim Let's go on this journey together constructing a better world!!
- Based on the current reheat of rhe market, we sure can expect a lot of buzz and real recognition of the innovative work that's being pavimented in this ecosystem!!
- Gm
- GM Frens, I recently started my friend.tech profile. Just gettin' started there. It seems to be a great place for additional interections. Congrats @friendtech.lens . If possible, please follow @rtonin there too. Later today I'll be posting some invite codes for those interested.
- Seeing the glass as being half full, ETH with 8% discount doesn't seem a bad deal...
- https://university.alchemy.com is an absolute must for anyone who wants to delve deeper into web3 knowledge. The courses have now been made available to everyone.
- JavaScript Fundamentals
- Ethereum Developer Bootcamp
- Road to web3
#web3 #ethereum
- The shapella network upgrade is coming!
[Mainnet Shapella Announcement | Ethereum Foundation Blog](https://blog.ethereum.org/2023/03/28/shapella-mainnet-announcement)
- We live in a moment of drastical changes...
What we now know as fiduciary currency (FIAT), i.e. money issued and controlled by governments around the world, is fast becoming a thing of the past.
The lack of control in the processes of issuing more and more currencies, disorderly affects the control of scarcity, generating what we know as INFLATION.
Traditional inflation control methods, such as increasing the interest rate, have proven to be less and less effective, serving only to break more banks around the world.
It is important to register these ideas so that future generations understand that coins that do not have clear, static and automated emission rules can't be trusted.
- What is monetary expansion and what are its effects?
Monetary expansion is the increase in the amount of money in circulation in the economy. It can have an effect on inflation, which is the general increase in the prices of goods and services.
The relationship between monetary expansion and inflation depends on several factors, such as aggregate demand, aggregate supply, economic agents' expectations and the government's monetary policy. In general, if monetary expansion is greater than the economy's real output growth, it can generate inflationary pressure.
Inflation can have negative consequences for the economy, such as loss of consumer purchasing power, distortion of relative prices, uncertainty about the future and discouragement of productive investment.
- So what the hell is a blockchain?
A blockchain is a distributed ledger technology that allows data to be stored in a secure, transparent and tamper-resistant manner. It is composed of a decentralized network of nodes that validate and record transactions in blocks of data. Each block is connected to the previous block, forming a chain of blocks (blockchain). Validation of transactions is carried out through a consensus process, usually Proof of Work (PoW) or Proof of Stake (PoS), which guarantees the integrity of the network. As such, blockchain is a reliable and immutable technology that can be used to record financial transactions, electoral votes, digital identities and other types of data.
- What are crypto assets?
Cryptoassets are a form of digital asset that use cryptography to ensure the security of transactions and control the creation of new units. Bitcoin (BTC) is the most well-known crypto asset, but there are many others, such as Ethereum (ETH), Polygon (MATIC), ApeCoin (APE) and Blur (BLUR).
- More On Bitcoin Seed Phrases And Private Keys
A seed phrase is a collection of 12 or 24 human-readable words used to generate bitcoin private keys for a wallet. The seed phrase, also known as the recovery phrase or backup phrase, contains all of the information needed to access, spend and recover bitcoin funds. For this reason, the seed phrase has to be kept safe; otherwise, anyone who discovers it can steal the bitcoin.
The private key, which is generated by the seed phrase, is not human readable. It is a secret 256-bit number, usually in hexadecimal format — 64 characters or 32 bytes in the range of zero to nine or A to F.
Modern wallets leverage both seed phrases and private keys to employ Hierarchical Deterministic (HD Wallets, using BIP32 seeds. HD Wallets allow the wallet to use a single seed phrase to generate a whole sequence of keys, allowing the entire wallet to be restored from that seed.