Things are pacing up real fast in the blockchain space. Large banks and mammoth firms are participating in key blockchain initiatives.
For those that want to keep up to date with all the latest news, guides, and opinion pieces in the industry, here are 5 of the best stories on crypto, blockchain, and investing to catch up on this week.
1. 7 Common Crypto Investing Mistakes (and How To Avoid Them):
‘Cryptocurrency’ has become the buzzword and everyone seems to take a keen interest in it. A lot of investors are wanting to explore crypto which is amazing to begin with. However, not many know about the intricacies and complexities that surround crypto and end up investing in it without having sound knowledge, which can render losses.
This article shines a spotlight on the common errors made by investors with respect to crypto and how one can avoid them.
2. Your Crypto Assets Are as Safe as Your Blockchain Wallet:
As you go from being a crypto enthusiast to a crypto millionaire, it is critical to understand that going from a prince to a pauper merely takes seconds.
This naturally brings up the questions like, is my ether wallet safe? Or, in the case of bitcoin, is my blockchain wallet safe?
Investing in digital assets is great, provided you protect the private keys to them.
Read this article to learn about few general principles for keeping your crypto investments safe.
3. Blockchain And Opportunities for Healthcare
Access to comprehensive, quality healthcare services are not only central to human well-being and the development of society but also plays an important role in economic progress. The healthcare industry is also one of the fastest-growing industries in the world and is expected to reach a value of $11,908.9 billion by 2022
The application of blockchain technology to the healthcare system can open a sea of opportunities.
Healthcare enterprises can benefit greatly from exploring the potential of blockchain technology. Read further to know how exactly blockchain technology affects the quality of our healthcare services.
4. “The Need for Interoperability Is Becoming Increasingly Clear” – Jack Lu:
Jack Lu, founder, and CEO of Wanchain has very kindly answered a ton of questions about Ethereum and gave an overview of its history and challenges it had faced over the years.
He also speaks about validator nodes, how they operate, and the economics behind them. We even get an insight into DeFi and its future trends.
The article eliminates the informational asymmetry which exists around the digital markets to a great extent.
5. Learn the blockchain basics – Part 1: Determinism:
The article explores one such fundamental principle that every blockchain swears by — determinism. The term determinism means that if we follow the exact operational steps in a particular order, we will end up with the exact same result as anyone else who follows the exact process. This trait makes blockchains immensely impactful.
Many articles about blockchains talk about their benefits, such as decentralization and transparency, without mentioning one key mechanism that makes blockchains capable of doing what they do: determinism. For some, it could be too obvious even to mention, while for many it is a missing concept in the entire blockchain puzzle, preventing them from fully understanding it. This article attempts to shed some light on the workings and importance of determinism in blockchains.
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Stay tuned with us, as HackerNoon delves deeper into the blockchain universe. We’ll publish roundup articles every week to help you stay up to date in the blockchain and crypto space.
Until next time!