The Crypto Asset With $300 Million Market Cap
Wen Lambo Crypto Podcast
English - February 26, 2018 10:00 - 10 minutes - 7.51 MB - ★★★ - 2K ratingsInvesting Business News Business News bitcoin crypto cryptocurrency tailopez Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
(click to tweet)
Reviewing the basics never hurts.
No matter your skill level as a crypto investor, refreshing your understanding of the basic fundamentals can bring about newfound insights. Maybe you remember an angle you thought of months back or possibly you learn a new approach to thinking about blockchain technology. Whatever the insight is, applying it to your investment strategy can bring a higher level of profitability.
On today’s episode of The Tai Lopez Show, we are joined by Jeremy Gardner, founder of the decentralized prediction blockchain Augur, which at a market-cap of $300 million is said to be the most undervalued crypto-project in Silicon Valley. Jeremy is 25 years old and the brains behind the popular San Francisco ‘Crypto Castle.’ $11 billion is the total value of companies he’s involved in, and his depth of crypto-knowledge is something we can all learn from. Today, we hear his understanding of blockchain technology and what it means to be a cryptocurrency.
Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!
“Blockchain, quite simply, is a distributed database that records all transactions that occur across a network.” - Jeremy Gardner(click to tweet)
Points to Keep In Mind Blockchain is a distributed database that records all transactions that occur across a network What the Internet still lacks is the ability to seamlessly transact value The trust-network on a blockchain makes it so you don’t need to rely on third parties Right now, if you wire money it goes through a platform called Swift There are different protocols in blockchain; Bitcoin is a protocol The coin for Ethereum is called Ether Alt coins are just slight forks/copies of Bitcoin Hard forks means changing the block size When people say ‘cryptocurrencies’ they usually mean ‘crypto assets’ Be aware of which tokens are securing a blockchain and which are not