Exploring the nature enriched path of the Rock Garden terrain in Melkote
*Image taken from* *World Orgs**. Natural surroundings around Rock Garden in Melkote* https://in.worldorgs.com/catalog/melukote/amusement-park/rock-garden
Brief Recap of my Melkote journey - The Roya Gopura episode
*Image taken from* ***World Orgs****. This is the path to* *Roya Gopura* https://in.worldorgs.com/catalog/melukote/amusement-center/raya-gopura https://read.cash/@bulletgelly/my-melkote-travel-dairy-experiencing-roya-gopura-18c4dc8d
Continuing my Melkote trip account from where I ended my previous article.
In my earlier article I talked about Roya Gopura, a historical sight with an interesting rock enclosure. The beauty about the place is that it’s surroundings were all like a green hill garden giving one stunning visuals of the landscape. https://read.cash/@bulletgelly/my-melkote-travel-dairy-experiencing-roya-gopura-18c4dc8d
Since Melkote is situated on the hills of Yadugiri, the scenery from here shows an amazing bird’s view of the natural surroundings - the sky, hills, and glimpse of green rocky hill terrain below.
Further, I already mentioned that delicious food is there at Subbanna Mess, so travellers can enjoy a feast that’s sure to satisfy their tummies.
Here’s a video from Food Panda, trying out the dishes served at Subbanna Mess - https://youtu.be/yxB0oJ68os0utu.be/yxB0oJ68os0
There are other Nature enriched spots to explore at Melkote, to fill one’s early morning and evening times with Nature’s beauty and magic!! Yes magic.
Venturing to experience absolute solute with my journey to Rock Garden
The next spot I checked out at Melkote is the Rock Garden here. Further ahead from here one would reach the ultimate picnic spot for relaxation of one’s tired soul - Danushkoti.
Early morning is a lovely time for one to venture into Melkote’s Rocky Garden path, for the weather will be pleasant with the freshness of day’s early morning essence to enjoy those long, nature soulful walks.
*Image taken from* *World Orgs**. The Rock Garden path echos with an atmosphere of wilderness which feels strong combined with the subtle flavour of solitude.* https://in.worldorgs.com/catalog/melukote/amusement-park/rock-garden
The charm here is one can experience absolute solitude while absorbing in all the awesome wilderness around, as when I had my walks here, I encountered almost nobody here.
This was a very unique experience for me, because I have never been on my own in such a secluded Nature enriched place.
Image taken from **World Orgs**. The Rock Garden Path begins with a sweet green vibrancy which later evolves to a more wild atmosphere https://in.worldorgs.com/catalog/melukote/amusement-park/rock-garden
My walking journey here was very interesting because the terrain kept changing. First my walk from Melkote main Town which had some human habitation and settlements - passing by my favorite eating joint here (which you should easily guess by now), Subbanna Mess, and then passing over the famous Cheluyanarayana Swamy Temple and then after walking for some time entering a green zone very vibrant with greenery which tends to get more and more secluded as one ventures further!!
However, this zone is full of delightful stuff like birds, so a bird lover's heart will rejoice here.
There are some notable plants in the start path of this vibrant green zone, as in that area
I saw one beans plant as I plucked a vegetable that looked like beans here. Quite cool.
Entry to the Rock Garden Point marked by the prominent Pink Limestone Arch
Image taken from World Orgs. *The Limestone pink arch welcomes visitors to Rock Garden* https://in.worldorgs.com/catalog/melukote/amusement-park/rock-garden
As one journeys further one will reach the Rock Garden point, which one can make as a resting pitstop, all though there will be plenty of spots to sit and chill after here anyway.
The Rock Garden point here is marked by a pink lime stone arch. I have rested here in sunny morning times and it’s very cool here, with sweet breezes caressing you here once a while, providing you the much needed soul refreshment!!.
Now, when we enter the Rock Garden, walking along further, there will be rocky chairs with boulders serving as chilling spots for one to sit and chill. Come to think of it now, maybe this spot is designed catching its theme by taking inspiration from the Flintstones cartoon!! Ha.
Image taken from **World Orgs**. *This is the Rock Garden main Spot at Melkote* https://in.worldorgs.com/catalog/melukote/amusement-park/rock-garden
Now, let’s take an interval break here as I am going to play the theme song of the Flint Stones, ok?, I know many of you readers are rolling your eyes now...anyway.
https://youtu.be/uq7noaMwLfg
Walking more deeper into the Rock Garden path
Right… enough of the “Yie Yabadaba doo”, back to my Rock Gardern- Danushkoti exploration chronicles, ok!!
Here, I spotted chameleon-like lizards around the rocks, besides these creatures there were plenty of birds in the whole expansive territory.
One can navigate about on the boulders behind and reach this natural scenery view spot to check out the landscape scenery below.
Image taken from **World Orgs**. *View spot behind Rock Garden to check out this landscape scenery below* https://in.worldorgs.com/catalog/melukote/amusement-park/rock-garden
This will obviously be a more glorious sight to behold during the sunset or sunrise times that would add unmatched magic to the scenery.
The path further resembles a mild forest like atmosphere, in between there are message posts like this fixed, which gives visitors nature conservation messages, reminding people the importance of forests and such things.
*Here is a celestial element I managed to capture.*
I don’t remember this was the moon or the sun. I think it was the moon in the morning or the evening sky.
Well, there is further more exploration here to do, as this path will eventually lead to Danushkoti, which I will cover in my next article.
My favorite part in my Melkote Trip is my walking journey on the Rock Garden path
I hope you enjoyed my detailing of my old journey here as I enjoyed rewinding back and experiencing this journey again.
My favorite part in my Melkote trip experience is this long walking journey via the Rock Garden path to Danushkoti. More narration of this walking journey will be continued in my next article.
Till then why not you guys rewind back to your memories of a well enjoyed trip, it’s time to cherish all those priceless movements, is it not?.
Photo snap by me, myself. *Another Nature conservation message post in the path*
Ending the post with another nature conservation message from one of the sign posts in that Rock Garden path.
My Melkote Travel Dairy - Experiencing Roya Gopura
Image taken from World Orgs website https://in.worldorgs.com/catalog/melukote/amusement-center/raya-gopura
In 2018, I travelled solo to Melkote Town in Madhya District, Karnataka. This is a tiny Town which at first appearance looked boring, sleepy but it’s a gem spot for Nature lovers, which is why photography enthusiasts find the Town interesting.
Image taken from World Orgs website https://in.worldorgs.com/catalog/melukote/amusement-center/raya-gopura
My first evening there was spent chilling out at Roya Gopura. The prominent feature of the place is a quaint architectural stone/rock enclosure.
Image taken from World Orgs website https://in.worldorgs.com/catalog/melukote/amusement-center/raya-gopura
The walls of these stone enclosures are carved and designed with engraves here and there.
The entire surroundings around Royal Gopura are like a mild hill garden.
It’s a great place to while away time climbing some rocks and boulders doing some mild merry time hop treks, going to any open end of the landscape here and there to behold scenic views of hills.
The area is a vibrant charming green spot with plenty of tree shades here and there. Another delightful accompaniment in this Nature spot are birds which would be there hopping around!!
Image taken from World Orgs website
*Way up to Roya Gopura* https://in.worldorgs.com/catalog/melukote/amusement-center/raya-gopura
My Roya Gopura garden exploration was a soulful experience, and the Roya Gopura is a historic site to check out, for it is an architectural wonder.
Of course, there are more wonders that I checked out in Melkote Town which I will continue to talk about in my other subsequent articles.
Melkote’s Subbanna Mess for super yummilicious food!!
Images Taken from World Orgs website https://in.worldorgs.com/catalog/melukote/amusement-center/subbanna-mess
However, a must mention before ending this post is a tasty place to make your stomach and soul happy.
Images Taken from World Orgs website https://in.worldorgs.com/catalog/melukote/amusement-center/subbanna-mess
Yes!! The go to place for food is Subbanna Mess at Melkote. I never would have expected south Indian meals, which is a mundane food to have in general in my City’s darshinis, to taste delicious!!
Images Taken from World Orgs website https://in.worldorgs.com/catalog/melukote/amusement-center/subbanna-mess
The meals had a variety of food served on a star shaped leaf - the kuttu, curry, other side dishes, Puliogare and sweet Pongal were delicious!!
My good time at Melkote before checking out other attractions started with the great food at Subbanna Mess, Melkote.
I had seen the owner of the Mess come over and insist to the staff there that the food served at Subbanna Mess must be of best quality.
He was unhappy about the coffee they served that day, saying that there was too much chicory content in the beverage, when I felt the coffee served that day was pretty nice!!
Maybe, Subbanna Mess is imbibed with the value that the food served there should be absolutely delicious which is reflected in the great food they serve in their Mess.
My inching nights at Melukote Ahobila Yatri Nivas
Other than this, an important aspect to mention was my over all stay experience in hotel Melukote Ahobila Yatri Nivas here. It’s located centrally which is an advantage but otherwise I had to make a lot of adjustments.
The room was spacious, decent but I had to clean the commode seat there with water and baby wipes(it’s good that I keep them handy).
There were 2 mosquitos stuck inside the room and I safeguarded myself from them with mosquito repellent odomos. I am sure it was effective because at night the mosquitos were troubling me by singing to my ears but I never got any Malaria.
I felt uncomfortable with the bedsheet and blanket provided because I was inching about a lot!!
Two out of three nights I really did not sleep well there. I had exited the hotel much before the check out time unexpectedly catching the 4.30 am early morning bus to escape the prospect of enduring further bed related discomforts. Anyway, more about that later. However, for freshening up one self, the hotel is ok.
I spent my afternoons and part of my time at night working on my ex laptop Gayletrix(which was a Lenovo brand), but the environment was noisy with other guests making a lot of noise.
Also, the internet from my dongle was not functioning without having the room door slightly a jar with some opening. So, things were a bit inconvenient on my hotel stay experience.
*Will continue more of my experiences at Melkote in other subsequent articles, thank you for reading!!*
Conjuring 2021 is not such a fearful, scary movie to watch after all...
My experience watching horror film “Conjuring the Devil Made Me Do it”
My decision to watch the latest Conjuring movie - “Conjuring the Devil Made me Do it” was based on my experience that real life events are ghastly enough to stay freaked out or live anxiously in fear, so why should I be frightened seeing this movie?.
Yup, as if we were not scared of harm by evil human elements going about committing many inhuman crimes from murder, rape and what not. So, having experienced fear and anxiety being in the human world, I felt why worry about experiencing fear watching a Devil based movie.
Sudden phobia of experiencing fear watching horror film sequences
However, it’s different, experiencing horror or the prospect of experiencing horror inside the theater hall on a big screen, during a Wednesday late evening, where most of the theater seats were empty and the surroundings was dark.
This is why, after I bought the ticket to watch “Conjuring the Devil Made Me Do it” and went inside the theater, I shivered, felt suffocated and my heart beat fast.
I felt I can’t stomach being in the front of that screen in the darkness, to be haunted by all sorts of horrid visuals and sound effects. What if I get a heart attack?.
Therefore, I walked out of the theater to breathe and thought I would go back home, but I eventually made a u- turn back to the theater to watch a horror movie by myself!!
After, a horrible ad about cigarette smoking harms, in which a young lady develops mouth cancer and dies, the Conjuring movie started.
Conjuring 2021 not such a fearful, scary movie to watch after all...
Before I go further, the only reason I went to check out this movie was because the trailer looked good. I liked the visuals of the places shown, like that of a cliff with a sea body down, forest, highway and stuff.
I have never watched earlier movies of Conjuring, because I slept whenever they came on TV and I am not someone who enjoys dark, evil, disgusting and Gory stuff.
**Now, coming back to how “Conjuring the Devil Made me Do it” was.**
I would say I needlessly got scared of the prospect of watching this movie in the theater solo because I could easily stomach this.
Plus, this had a happy ending too, which is nice because the movies that disturb my mind are ones with a dark, disturbing end.
**Here is the trailer -**
https://youtu.be/h9Q4zZS2v1k
My Review of Conjuring the Devil Made me Do it
Elements and style of spookiness in the movie
The movie starts off on a mild note with a just ended quenching exorcism process.Then it progresses to characters experiencing torture of being spooked by these exorcist powers and elements. It’s the usual I guess, however I must say most of the scary actions are predictable especially if you have watched the trailer already.
*I expected more of the subtle elements instilling that suspense and all, like the sound effects of things falling, moving, wind blowing curtains around and those little creepy creepy things that is like the foreplay before the fearful main parts emerge.*
*There was none or negligible amount of these fear teasing elements in the movie.*
However, this effect was there in real life as I could see from the side of my eyes that curtains were moving out of one slightly opened exit door, which is not able to close fully.( This I managed to ignore eventually.)
*There was the usual gore and slime that mad exorcist creatures emit, blood yes, violence of rash knife stabbing murder yes, and those usual behavior possessed people display, the super natural power of the devil or whatever you call it. All these visuals were done pretty well*, we all know that possessed people turn very flexible and ugly you know...ha!!
So, in that the movie passes the pass mark of being a horror film which is decent. *However, eerie elements, suspense elements build ups are not there, everything is very predictable. Ha!!*
Further Ramblings
Devil and Satin based horror film not the undead Ghost horror film
Also I generally see ghost movies and this Satan stuff goes beyond me, because these devilish souls are able to stand things like the Holy Cross. I wonder why the bible power is not quenching the devils might, in fact I feel it irritates them further and makes them grow in fury but there was not much of the cross power or Bible verse power used much in the movie, a bit of it yes but it was not effective enough to ward off devilish power and all.
Creatures without a soul that are naturally accustomed to evil
These devil creatures, totally are perverted because they are devout of soul so knowing that, the slight Gory scenes in the movie did not offend me.
Little bit of these flavours in the movie
Other than this, there is a bit of an investigative flavour in the film, it is very less but it’s there which makes the movie an interesting watch for those not aware of the plot.
There are these little sweet elements in the movie, like love and it looks like the biggest fear for possessed humans is losing their soul, that would be unbearable I reckon. The good thing is that the possessed characters in the movie don’t completely lose their soul so when the evil of the Devil’s power is vanquished, everything becomes normal, we come to the human world which is familiar to us.
**Movie Takeaways for life**
My takeaways from the movie are (although I have made good progress in this), I should not be horrified by creatures like rats or roaches, they are not evil things after all, it’s just evil spirited human beings that are the most evil creatures around in my world.
Although I am glad that I never will experience stuff like those characters in the movie experienced(constant fear tortured by spooky doings of the devil and all), because I don’t believe devils or ghosts exist. And if they do, I bet they would not venture to spook the shit out of me, if I leave them alone and not be part of their life or world(:
Super dooper DEFI crypto show following Poly Network’s after hack episodes
What an entertaining crypto show - a glimpse into these Poly Network after hack episodes
***What a crypto show, although unintended. I am talking about*** ***last week’s biggest DEFI crypto thrift event in history******, yes, the 600$ million hack of the Poly Network incident.*** https://cryptobriefing.com/someone-just-stole-611-million-in-a-cross-chain-hack/
The show started with the hack and then continued with unexpected turns of events making episodes that are super interesting, extraordinary and in many ways hilarious.
This particular hacker was not the greedy type so this crypto smart hacker, nicknamed as Mr White Hat by the Poly Network team, returned almost all of the funds that were stolen last week except for 33$ million USDT that was frozen. https://cryptobriefing.com/poly-network-hacker-returns-almost-all-of-611m-loot/
It’s possible that this last remnant of the stolen funds are returned by now, check the latest updates.
The Cool White Hat has popularised the Ethereum transaction style of communication
This Poly Network’s historic hack episode had unique and fascinating aspects, with the hacker communicating in a cool way through Ethereum Blockchain by embedding messages in Ethereum Transactions he/she sent to himself/herself !!
Both, Poly Network team and Mr White Hat established successful communication this way, resulting in arrangements for the hacker to return the stolen funds. Now, a little background on this historic DEFI hack.
The Background into the historic DEFI hack of the Poly Network!!
Last Tuesday, our famous anonymous White Hat character, hacked Poly Network , a Blockchain platform enabling inteteroble transactions between Ethereum, Binance Smart Chain and Polygon. The hack amount was enormous -600$ million with various cryptos stolen from these three chains - Ethereum ($264 million), Binance Smart Chain ($250 million) and Polygon ($85 million). https://cryptobriefing.com/someone-just-stole-611-million-in-a-cross-chain-hack/
The immediate aftermath after the Poly Network hack
After the hack, the Poly Network team announced about the hack on twitter and told Crypto Exchanges and miners to blacklist 3 addresses to where the stolen funds were sent.
Tweeter tweet https://twitter.com/PolyNetwork2/status/1425073987164381196?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1425073987164381196%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fcryptobriefing.com%2Fsomeone-just-stole-611-million-in-a-cross-chain-hack%2F
Then things get a little action packed with the hacker managing to deposit some USDC and Dai coins into Curve’s pool, while Tether’s CTO Paolo Ardoino blacklisted the mentioned hacker’s USDT address so the USDT funds in the hackers wallet got frozen.
Poly Network team’s letter to ‘dear hacker ‘ asking for the return of the stolen funds
Poly Network team meanwhile put forth a letter addressed to the hacker on twitter, telling the hacker to return the stolen funds, informing the hacker that the hack conducted was “the biggest hack in DeFi history” , so it will be regarded as a “major economic crime” in any country of the world, and the hacker would “be pursued”.
Poly Network team asked the hacker to establish communication with them so that a solution can be worked out that would be beneficial to both the parties.
Communications established and White Hat begins returning the stolen funds
This interesting hacker character, “Mr White Hat” then established communication with the Poly Network through a message embedded in an Ethereum transaction that was sent to himself/herself *which said - “Ready to return the fund!”* https://decrypt.co/78270/poly-network-hacker-repays-2-1-million-says-ready-return-fund
*Then the hacker communicated through another Ethereum transaction message -*
*“Failed to contact the Poly. I need a secured multisig wallet from you”*
In response to this, the Poly Network team created 3 multi-signature wallet addresses controlled by the team and conveyed to the hacker in his/her style ( via an embedded Ethereum Transaction message) that the funds can be sent back to the given multi-signature wallet addresses.
Post this, positive developments took place with the hacker sending back some portions of the stolen crypto funds periodically.
Entertainment with White Hat holding a AMA style discussion, the crypto style
This White Hat hacker, as I understand, remains untraced, because he/she used a temporary email id and IP address so security firm Slow Mist could not trace this hacker’s identity through any digital fingerprints.
White Hat held an AMA style(Ask me anything) conversation about this hack through Ethereum Transaction messages too, making things very interesting and entertaining. https://decrypt.co/78364/poly-network-hacker-says-exploit-was-just-for-fun
White Hat revealed that the point of the hack was only to have fun while teaching Poly Network a lesson. Once the protocol’s vulnerability was discovered, this character felt it better to do a hack and demonstrate the vulnerability to the Poly Network team before any one else discovers it and steals the funds.
Twitter https://twitter.com/tomrobin/status/1425487745166753794?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1425487745166753794%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fpublish.twitter.com%2F%3Fquery%3Dhttps3A2F2Ftwitter.com2Ftomrobin2Fstatus2F1425487745166753794widget%3DTweet
You can check out that AMA style conversion here where the White Hat said the plan was always to return back the stolen funds. Some funds were moved to Curve to earn interest to cover incurred expenses while the hacker character was communicating with the Poly Network team about returning back the stolen funds. https://twitter.com/tomrobin/status/1425487745166753794?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1425487745166753794%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fpublish.twitter.com%2F%3Fquery%3Dhttps3A2F2Ftwitter.com2Ftomrobin2Fstatus2F1425487745166753794widget%3DTweet
*The considerate hacker also rewarded 13.37 ETH ($42,300) to hanashiro.eth for tipping White Hat about with the message in twitter - “DONT USE YOUR USDT TOKEN YOU VE GOT BLACKLISTED.”*
Anonymous White Hat hacker’s gesture saves the day for Poly Network and it’s users
The Poly Network team has appreciated White Hat for exposing the vulnerability in the protocol and offered a $500,000 bounty for the white hat behavior shown but White Hat refused the bounty.
Twitter https://twitter.com/tomrobin/status/1425851932950806534?s=20
In a world that’s dominated by unscrupulous hackers, stealing crypto funds ruthlessly in various ingenious ways, this episode is a heartening one indeed.
And whoever this White Hat character is, his/her hack has made DEFI history. What matters in the end is that, the episode had a happy ending with investors getting back their stolen funds(:
Crypto has anonymous characters creating history!!
It’s Interesting that anonymous characters in the crypto world have created history, because who created bitcoin?, the anonymous Nakamoto Satoshi and now an anonymous White Hat character creates history by conducting the biggest hack in crypto history just to expose the vulnerability in the Poly Network Protocol and returning back the stolen funds(: .
Awww… Love this kind of happy ending and that’s why I keep saying I am so lucky to be in crypto space, life is never boring!!
Gold Bugs should be disappointed that 10 year ROI on Gold is negative
Bitcoin has proved to be a richer asset than gold!!
Everybody knows Bitcoin is a rich and creamier asset than gold, it’s an asset that's more valuable than gold. Both these assets are seen as having similar characteristics which is why Bitcoin is considered digital gold.
Now before I proceed further, I like to tell you that although I get featured in these crypto blogs as Bitcoin Cat, my value is not pegged to Bitcoin. Ha!!
My value is pegged to other things that are abstract, but I hope in an abstract sense inside my Mother’s heart my value is more than BTC.
*I am no investment asset, I am her pet cat and a real cat at that, not those pricey NFT cats in the Blockchain space.*
Bitcoin is called Digital gold because of the similarities it shares with the golden metal
***Now back to BTC and the gold topic. They both are valuable due to certain features which they actually share***
Both these assets are obtained through mining and are in limited supply. Therefore being scarce assets, whenever there is a spike in demand for these assets their price appreciates with their supply only getting more limited. They both are being talked about as an asset that is a good hedge against inflation.
Disparity in the price performance - Bitcoin vs Gold, Bitcoin wins hands down
However, there is huge disparity in their price performance, with Bitcoin outperforming gold well and truly!!
Of course, it’s a competitive world where comparison is done with this vs that. Although I feel that it may be unfair to compare BTC prices with gold, because gold is an old asset that is matured in terms of market cap.
*Hope you don't mind - play fight between me Garu vs Mochu since we talked about competition and the competitive spirit, however we do not represent Bitcoin or gold*
However, BTC is a new asset class that has been experiencing exponential price appreciation because it has a lot of room to grow in terms of its adoption, that will result in further growth of its market cap and value.
Now, brace up for this report card of gold’s performance, it’s very poor compared to Bitcoin, whatever that Bitcoin sceptic, gold bug guy Peter Schiff says!!
A Gold Hodler’s returns over a 10 year period is in the negative
A Gold investor’s investment returns on a 10 year period is in the negative, as gold is lesser in value to what it was 10 years ago with the current price of gold as of the time of writing being 1755$, when 10 years ago the gold price was 1860$!! https://cointelegraph.com/news/one-bitcoin-now-buys-0-6-kilograms-of-gold-as-10-year-returns-turn-negative
Chart drawn using Tradingview https://www.tradingview.com/
***Well… this individual performance of gold is disappointing enough but when you compare how BTC’s price has performed in the same 10 year period, it turns even more gravely disappointing!!***
Gold is still important to HODL as a hedge against currency inflation
Anyway on the fair side, Gold is a tested asset that has proved to be a hedge against currency inflation, that way this old asset Gold, is considered to be a known store of value compared to BTC, but BTC is proving its worth as of late.
A very brief look at Gold’s price -
Gold is facing resistance at its old All Time High prices of September 2011 at1925$ . In August, 2020, Gold managed to surpass its previous 2011 year All Time Highs but after that it corrected to 1050$ on Dec 2016. Since then the price of gold has picked up reaching its previous All Time Highs at August 2020 , where the price of gold went to $2088 surpassing its previous All Time Highs.
Since then, gold’s price has been falling but it finally looks to have bottomed and found support at 1678$, as prices found support at that price level three times.
Now, it looks likely that gold will climb up from here and attempt to break the ultimate resistance of its last All Time High price.
Peter Schiff on Gold’s down performance compared to BTC and otherwise
Of course, you must hear what the famous gold bug Peter Schiff has to say on this - https://cointelegraph.com/news/one-bitcoin-now-buys-0-6-kilograms-of-gold-as-10-year-returns-turn-negative
*“Gold is down as traders mistakingly think the Fed will successfully fight off inflation by tapering QE and raising interest rates. Bitcoin doesn’t trade like gold because it’s not digital gold!”*
He still maintains his anti- Bitcoin stance -
*“Bitcoin rising as gold falls doesn’t mean it’s replaced gold as an inflation hedge,”*
***Happy week end and advanced Caturday wishes to you all, just keep in mind that this article is not investment advise, it’s just for giving you guys some quality crypto entertainment.***
The Market had some fooled but Bitcoin’s Bull market phase is not over, it’s still on!!
Remembering 2017, the year of Bitcoin’s Bull run towards it’s top of 19,700$
During the last bull run, my cat Garu was a kitten as it came home on 17th March, 2017, at a time when Bitcoin’s price was around 1000$.
*My Cat Garu - the Bitcoin cat with a heart of Bitcoin*
He had a very good super bullish Bitcoin horoscope because he came around the time when Bitcoin was in a bull run, with the king crypto making a top on Jan 2018 going above 19,000$ after which it was time for it to crash diving into the bear market cycle.
*Can’t believe that was more than 4 years ago!!*
Cat Garu is privileged that its existing to witness another mega bull market movement, although can’t deny that Bitcoin has grown very big in Market Cap since cat Garu was a kitten, and has already been through some exciting Bull cycles.
***End of last year Bitcoin raged from above10,000$ in September 2020 to breaking the ATH(All time Highs) and going beyond 20,000$ on December 2020.***
From trading view https://www.tradingview.com/chart/jCWaxKNy/
*Oh boy that was super exciting!!*
The Bull market pause mistaken for a bear market in 2021
Well, of late there was a lot of fear in the crypto world, with BTC’s price declining from April from 64,000$ to 30,000$ in May.
*Some investors were scared about BTC's prices that declined 50% from its recent All Time Highs*
There was uncertainty, with some sections of investors feeling that it could be that the Bitcoin bear market has commenced as Bitcoin price’s did go below the 200 EMA (Exponential Moving Average), which traditionally signifies a bearish momentum.
Then there was the death cross where the short-term moving average, 50 day EMA went below and crossed below the long term moving average of 200 day EMA.
Crypto creatures like me believed that BTC’s bull run is far from over
However, fundamentally, Bitcoin was bullish, with important data science metrics like Bitcoin’s Stock to Flow model that you can view at https://www.lookintobitcoin.com/charts/ , saying that Bitcoin’s price is undervalued.
Besides, if you notice BTC’s price charts, there were buyers coming in whenever the price of BTC went below 30,000$. So, crypto investors like me believed that BTC is not finished with the bull cycle yet.
Green bullish signals flickering for Bitcoin now!!
We believed that BTC was in the accumulation stage. Now that belief gets validated as Bitcoin exits its accumulation phase it was on from May 18 till August, breaking off from the price wedge BTC was in between 30,000$ to 41,000$ price ranges. Now, with BTC’s price breaking off the 41,000$ resistance, technical indicators slowly begin to flicker bullish for BTC.
*From* *trading view* https://www.tradingview.com/chart/jCWaxKNy/
Now BTC has gone above the 200 day EMA and with the continued price rise there is going to be a Golden Cross too. Soon, with the Golden Cross taking place, BTC’s short term moving average, the 50 day EMA will cross up above the long term moving average, the 200 day EMA, and this is considered very bullish.
Also notice, buyers are coming in to buy BTC at high prices now, with the big wick at 37,643$ price indicating that fact. BTC price has formed a higher low at 37,643$ and has formed a higher high too with price touching 45,000 ranges. This is bullish too.
***So, yup we long term Bitcoin Hodlers are gearing up to enjoy the bull ride now baby!!***
***Last but not the least, 4 and a half years of Garu is a great blessing in my life just like crypto has been a great blessing in my life and both are going to enrich me further in a lot of ways, I can ever imagine for sure in the coming years!!***
The most awaited event in the crypto World is here - Ethereum’s EIP-1559 upgrade!!
Ethereum Website https://ethereum.org/en/
The upcoming crypto event been most talked about now is the EIP-1559 upgrade in the Ethereum Network that would take place very soon with the London Hardfork going to take place on block 12,965,000 on August 5. The narrative now is that EIP-1559 would make Ethereum a deflationary asset, giving everyone a bullish feeling about ETH. https://cryptobriefing.com/eip-1559-and-the-future-of-ethereum-with-justin-drake/
Let’s understand what impact the EIP-1559 will have on the Ethereum Network here.
Changes in Ethereum’s transaction mechanism with the EIP-1159 upgrade
EIP-1159, is a Ethereum Improvement Proposal, which will have a base fee set for the transactions to be included in the Block. This base fee will depend on the network congestion, varying corresponding to Ethereum network’s congestion.
Image Source https://finematics.com/ethereum-eip-1559-explained/
Exact Ethereum transaction fees to be paid would be clear
Now, users of Ethereum would know the exact amount of fees they have to pay to get their transactions processed, instead of guessing it.
Till now, we pay Ethereum’s gas fees, making an educated guess on the accepted fee rate checking sites like https://ethgasstation.info .
*No reliable gas fees for Ethereum transactions, they have to be custom tweaked referring data from* *https://ethgasstation.info*
We tend to pay higher fees than required to avoid the risk of our Ethereum transactions failing to get processed. On the other hand, we have had some of our Ethereum transactions fail due to not paying enough fees, or have experienced long wait times for our Ethereum transactions to go through.
Now, there is going to be clarity on the base fee users need to pay to have their transaction get processed, which reduces risks of failed transactions due to not paying enough fees.
Block size expansion improving Ethereum’s transaction processing capacity slightly
Image Source https://ethgasstation.info/blog/eip-1559/
The Ethereum Network can take in more transactions in the Block too as the Block size increases to double during peak congestion times which is definitely a positive improvement, slightly enhancing the capacity and speed of the Ethereum Network.
Miner manipulation of Ethereum Gas prices are eliminated
The upgrade will reduce manipulation of Ethereum gas fee prices by miners as well. Ethereum miners manipulate Ethereum gas prices by front loading order of transactions and initiating bidding wars, which has been leading to exponential increase in Ethereum’s gas fee prices in the past.
This will also ease the process of gas refunds as well on layer 2 solution Optimism, with trusted inputs on reliable Ethereum gas prices being available. https://cryptobriefing.com/eip-1559-and-the-future-of-ethereum-with-justin-drake/
*Well, let’s see if the Ethereum Improvement Proposal, EIP-1559 does result in all these positive impacts on the Ethereum Network in the coming days as this upgrade is happening really soon finally.*
Superhit NFT sales of the Animated Cat Show, 'Stoner Cats’ on the Ethereum Blockchain
Image Source https://www.stonercats.com/
Humans are crazy for animated talking cats on Blockchain
Being a pet cat of a crypto person is hard, because our crypto loving parents keep finding ways to fit us into their crypto world. The point is, I am no animated cat existing as a NFT in Blockchain to entertain you crypto enthusiasts. I am a real cat that cannot talk.
The Stoner Cats series got sold as a NFT in the Ethereum Blockchain
Yes, Stoner Cats, features animated cats, developed by Mila Kunis’s Orchard Farm Productions. One of the cat characters here, Lord Catsington, has been voiced by Ethereum’s founder, Vitalik Buterin himself which obviously had crypto enthusiasts get interested in this cat show series. https://www.stonercats.com/
*Mila Kunis’s crew made use of the Ethereum Blockchain to market Stoner Cats, which highlights an interesting use case of Blockchain as well.*
Stoner Cats was sold as a NFT, where buyers had to mint the NFT tokens at the Stoner Cats’ website with the cost of each NFT being 0.35 ETH that amounted to 800$ at the time the series was getting sold on July 28th. A total of 10,420 NFTs were available for sale and all of them got sold out in 35 meow-nutes!!
Twitter tweet https://twitter.com/stonercatstv/status/1420139270950555649?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1420139270950555649%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fdecrypt.co%2F77064%2Fstoner-cats-nft-sale-cost-users-790000-failed-ethereum-transactions
Definite profit with these NFT sales with ETH prices rising up since then
The proceeds from all these Stoner Cats NFT sales amounted to around 8 million dollars, with the price of Ethereum being about 2,300$ at that time when all these sales happened(July 28th) .
*ETH prices are appreciating since it's price when Stoner Cats NFTs were sold, yielding profits to Mila Kunis’s production crew*
*A nice profit for Mila Kunis Production crew for sure, as Ethereum is picking up in price since then nicely with expectations that ETH would explode up in price soon!!*
***Ha… so there was so much demand by humans to watch animated cats in action, while I watched real humans in action watching the Olympic games this weekend with my Mom. Ironic…***
Stoner Cats Show’s is so co-relationed with Ethereum
Anyway, those buyers who succeeded in buying the Stoner Cats NFT would have lifetime access to watch the Stoner Cats series. They can watch the Stoner Cats episodes after connecting their metamask wallet to the Stoner Cats website.
*Stoner Cats NFT hodlers can watch the show connecting their metamask wallet to* *Stoner Cats website**.* https://www.stonercats.com/
*Vitalik Buterin is the voice of cat Lord Catsington in Stoner CatsVitalik Buterin is the voice of cat Lord Catsington in Stoner Cats*
My Mom is a big fan of Vitalik Buterin but not in love with the kid(for her), so she was not inclined to buy that NFT just to hear Vitalik Buterin’s voice in that animated cat character Lord Catsington(: …
*Vitalik Buterin is the voice of cat Lord Catsington in Stoner Cats*
Ah… One can wonder why the Ethereum Blockchain was used for this NFT sales, as surely NFT sales can happen in Polygon or Solana, at least the fees for making those Stoner Cats NFT purchases would not have added up much to the price of 0.35 ETH of that NFT.
The ETH Gas Bloating phenomenon took place yet again
There were people who could not get their hands on these Stoner Cats NFT, as ETH fees bloated up and their ETH transaction fees did not match up to the spiked up ETH gas fees resulting in failed transactions.
This scenario is very familiar to us, where many of us had experienced failed Ethereum transactions because we did not pay enough Ethereum gas fees as it suddenly rises up to insane levels when the Network is facing heavy congestion.
When the purchase of the Stoner Cats NFT took place, Ethereum gas fees spiked to as much as 600 Gwei that’s about 30$ and many people had lost ETH in transaction fees on their failed transactions. https://decrypt.co/77064/stoner-cats-nft-sale-cost-users-790000-failed-ethereum-transactions
A total of 344.6 ETH fees(700$ k) got spent on failed transactions, with those unfortunate people not succeeding to make the purchase of the Stoner Cats NFT.
Smart investors who brought Stoner Cats NFT to sell it at a big profit!!
There will also be the smart crypto people who manage to make money out of their NFT purchases, with the NFTs they purchased of the popular characters of the Stoner Cats being sold for a good rate on secondary NFT markets like OpenSea!!!
*Well, its time for my afternoon Nap so goodbye, see you readers in another post, either talking about real cats or animated cats of the Blockchain world!!*
Someday we have to upgrade our crypto security by opting for their cold storage in hardware wallets
One of the risks in the crypto space is on safe crypto storage
For the past few months, I have been hearing from most crypto quarters that it is worth the money investing in a hardware wallet as it will keep your cryptos secure. I would have never bothered about this if it were not for me now checking out defi stuff(better late than never) and I am hearing from everywhere to beware of the smart contract risks.
Beware of Smart contract risks and vulnerability of hot wallets for your crypto storage
Smart contract risks are basically risks on smart contracts, where their code can be exploited by hackers. This means that these hackers (bad hat obviously) can change/modify the smart contract code and get access to your funds on that smart contract.
Opps… so knowing this risk I never wanted to touch metamask, a hot wallet that’s not safe to keep too much funds or deposit funds into smart contracts of dApps.
Hot wallets with smart contract ability are essential to deal in DEFI
https://metamask.io/
However, I see that to engage in DEFI you have to use hot wallets - metamask for Ethereum, Binance Smart Chain and Polygon and some other browser extension wallets for other Blockchains - Cosmos(keplr), Solana and Polkadot where DEFI ecosystems are spouting there.
Also once you engage in DEFI, it becomes addictive(: and it’s a niche in future we all will have to explore more and more as engaging in DEFI will become very common place as this DEFI market matures.
So, maybe it’s a good idea to get a hardware wallet for cold storage of your cryptos.
Ensure that you get into the original website of the wallet for wallet downloads
Till you feel convinced in getting that hardware wallet, please see that the hot wallet extensions you use are downloaded from genuine sources and not from phishing sites .
For example, check that your metamask wallet extension is downloaded from metamask’s original sites only - https://metamask.io/
One way to find the source website for these wallets - hot and cold (metamask, ledger etc) is to check details in trusted sites like https://www.coingecko.com.
For example using the coingecko web site I figure out information about Ethereum where information on wallets that have support for this Blockchain is given.
*https://www.coingecko.com/en/coins/ethereum*
Alternatively, we can find out the original site of Ethereum from coingecko and screen the website for wallets that’s been recommended to use . If it’s not there explicitly on the website, it will be there in the doc section, definitely.
I feel that we will be required to use these hot wallets anyways as support for many coins, won’t be there in the Hardware wallets, especially if we buy the cheapest available hardware wallet on sale as that itself is actually pricey..
I have been hearing about the Ledger wallet as the go to hardware wallet to have, although there are cheaper and other good hardware wallets like Trezor . However, if we intend to buy these wallets, we should purchase it only from their original website, yes.
Please don’t get them from any other source.
For, it’s commonplace for the crypto stealers to sell you a compromised hardware wallet, and once you put your funds there, it will be stolen. So always get your hardware wallet from the original hardware wallet’s website only.
For Ledger it is - https://www.ledger.com/ , for Trezor please go find out doing proper verification.
Ledger Nano S is being sold at a 30% discount!!
The reason, I am talking about the hardware wallet, Ledger now, is because Ledger Nano S, the most basic of available Ledger wallets, is available at a 30% discount now. You can read the details here - https://www.ledger.com/. https://cryptonews.com/news/two-ledger-deals-for-cold-wallet-fans-30-off-nano-s-new-colo-11246.htm
There is a dApps League deal till August 2nd where you vote for the dApp application you want Ledger wallet to support and get that 30% discount on the Ledger Nano S hardware wallet.
Possibility of accessing the DEFI space through the Ledger hardware wallet itself
https://shop.ledger.com/products/ledger-nano-s
This means that users can gain access to popular Blockchain dApps like AAVR, 1inch, Balancer through their Ledger devices soon, which will be safer than accessing dApps through hot wallets like Metamask.
dApp League activity to do for that 30% discount on Nano S wallet
All you have to do is copy the promo code of the dApp you want to vote for, and when proceeding to buy the Nano S wallet paste that promo code of the dApp on the discount code box before checking out your purchase from the cart.
*Ledger website.* *Copy the promo code of your favorite app you want to vote for Ledger Nano S to support* https://shop.ledger.com/pages/dapps-league
Final thoughts
I have never used this Ledger wallet so I can’t give any review on it, but it works in conjunction with the Ledger Live app, which I reckon we have to download to use the wallet.
This Ledger wallet is the cheapest compared to its other models like the Ledger Nano X. Anyway… this is in no way a promotion of Ledger wallets, but just writing about this because there is a discount on Ledger wallets for those who want to purchase one. https://cryptonews.com/news/two-ledger-deals-for-cold-wallet-fans-30-off-nano-s-new-colo-11246.htm
*Thank you for reading, would be glad to hear from hardware wallet users on their experience of using a hardware wallet like Ledger or Trezor for their crypto dealings.*
Additionally, if you don’t have money to buy a hardware wallet, just ensure you do your crypto activities safely and get one when you make a lot of money in crypto or elsewhere. It’s ok, to just store your cryptos on desktop wallets like Atomic or mobile wallets like the Trust wallet out there till you can afford to get yourself a hardware wallet.
*Here are free desktop wallet recommendations from Crypto educator Coin Bureua, some of these wallets let you dabble with DEFI and allow for staking.*
https://youtu.be/kN8A3YzT8JI
Coin Bureau, also elucidates on hardware wallets we can buy once we decide to have one
https://youtu.be/kN8A3YzT8JI
A World’s Giant Investment bank; Goldman Sachs showing their ignorance of Blockchain and DEFI!!
As crypto enthusiasts we definitely should know something of what is Blockchain, and Decentralised Finance, but can you believe that Wall Street investment bank Goldman Sachs don’t seem to show a basic understanding of Blockchain and Decentralised Finance?.
Golaman Sachs had filed for a DEFI ETF with the U.S. Securities and Exchange Commission (SEC), however that DEFI ETF known as “Goldman Sachs Innovate DeFi and Blockchain Equity ETF” looks to track companies that have little to do with Blockchain and DEFI.
https://cryptopotato.com/goldman-sachs-files-for-defi-etf-to-track-tech-giants/
The ETF is looking to track the performance of a Index Fund that’s not listed Blockchain or DEFI companies
*The ETF aims to track the performance of a Index Fund that has not listed Blockchain or DEFI companies.*
Goldman Sachs Innovate DeFi and Blockchain Equity ETF, mirrors the performance of the ‘Solactive Blockchain Technology Performance-Index’ as the ETF tracks the performance of that index.
The obvious error here is that the ‘Solactive Blockchain Technology Performance-Index fund’ does not have Blockchain or DEFI companies listed in it, as it has listed companies that are giant tech, fintech and telecom companies.
Take a look at the companies listed in the ‘Solactive Blockchain Technology Performance-Index fund’ and evaluate the logic yourself. https://www.solactive.com/wp-content/uploads/solactiveip/en/Factsheet_DE000SLA5D70.pdf
‘Solactive Blockchain Technology Performance-Index fund https://www.solactive.com/wp-content/uploads/solactiveip/en/Factsheet_DE000SLA5D70.pdf
***I think we crypto enthusiasts know that Facebook, Paypal, Microsoft, Visa, Mastercard, Nokia are not Blockchain companies and have nothing to do with DEFI, please!!***
Logic of considering these companies as Blockchain or DEFI entities is not understandable
I can understand that many of these companies are looking to integrate a bit of Blockchain with Palpay allowing for crypto buying etc but these companies are in no way embracing the ethos of Blockchain and DEFI which is basically - decentralisation, allowing for permissionless transactions without middle man and things like that.
For instance, we all know that Paypal is the middleman who takes a lot of fees from our payment transactions. Palpal will hold your cryptos for you in the crypto service they are giving customers.
Facebook is not decentralised with the entity having control of your personal data which it is known to have leaked and sold in history.
Visa and mastercard, are traditional payment channels looking to integrate crypto but they are not blockchain pioneering companies.
IBM, is a company that does built some Blockchain related products, however, it’s not a company that has its main business as Blockchain which is obvious to anyone.
***Also none of these companies have anything to do with DEFI, any crypto novice can tell you that!!***
These Hi-fi Fund managers should educate themselves on basics of Blockchain and Defi
***Ha...this “Goldman Sachs Innovate DeFi and Blockchain Equity ETF” is a joke indeed!!***
These so called world class wealth managing investment experts and fund managers should first educate themselves in Blockchain, crypto and DEFI before designing such flawed investment products!!
https://coinmarketcap.com/
***Anyway, let me list some Blockchain and DEFI companies, which can be listed in ETF products - AAVE, Square, Strike, VeChain, Binance, crypto.com, Consensys, Matic…***
You get the drift, maybe these companies are not listed as stocks to design products including them, still these are Blockchain companies and companies that engage in DEFI businesses, anyone can tell that if they are following the crypto space for just a little while.
All that these investment managing experts need to do is, go explore some hot Blockchains - (Ethereum will do for a start) and pick a project that is dealing with Blockchain and DEFI business, or pick up companies that do Blockchain businesses and offer DEFI solutions.
*From* *https://cryptodiffer.com/news/ethereum-defi-ecosystem/* *. Graphic showing the Ethereum ecosystem as it was in 2019*
A real Blockchain or DEFI ETF will yield a crazy rate of return of 500 - 2000%!!
Also, did you check the performance of the ‘Solactive Blockchain Technology Performance-Index fund’ that the ‘Goldman Sachs Innovate DeFi and Blockchain Equity ETF’ is set to track?
*Check the original document at* *here* https://www.solactive.com/wp-content/uploads/solactiveip/en/Factsheet_DE000SLA5D70.pdf
***The 1 year returns of the ‘Solactive Blockchain Technology Performance-Index fund’ is a modest 35%???. Any one following the crypto space knows the kind of returns fundamentally good Blockchain projects can give investors.***
Check Coingecko for data on the returns the projects I mentioned here have given -
1 year returns of BNB is - 1458.5% , similarly for Matic it has been 4842%, for Vechain it has been 420%. https://www.coingecko.com/en/coins/binance-coin https://www.coingecko.com/en/coins/polygon https://www.coingecko.com/en/coins/vechain
Obviously an index fund that given a modest return of 35% in the past one year does not contain Blockchain and DEFI companies in it.
True it’s been a bull market, for 1 year returns for the real Blockchain companies I mentioned here to be so exploded but if you consider the gains from inception it will be always exponential irrespective of whether it was a bull or a bear market a year or 2 ago.
For example the ROI returns on Polygon that’s Matic is - 38,387%!! , but the gains from inception one gets from investing in the ‘Solactive Blockchain Technology Performance-Index fund’ is 75%. https://www.coingecko.com/en/coins/polygon
***Definitely, this index fund is not exposed to Blockchain or DEFI companies, else ROI in the long run will be crazy, a definite 2000% at least!!***
*Please note this article is my opinion and no investment advise, you are responsible for the outcomes of your investment decisions!!*
Exploring DEFI in the Cosmos Blockchain Ecosystem >> Osmosis AMM DEX
In my earlier article, I articulated my experience dabbling my feet into the DEFI ecosystem waters, using Matic. This time I explored more of DEFI in another ecosystem, the Cosmos Blockchain. https://ecency.com/hive-150329/@mintymile/a-crypto-enthusiast-s-first
Thriving projects of Cosmos are interconnected due to IBC protocol activation
Even though, many Ethereum DEFI platforms have devised ways to connect to other blockchains like Binance Smart Chain and Matic, they have no plans to connect with Cosmos Blockchain, although they have plans to connect with Blockchains that are yet not functionally live like Cardano and Polkadot.
Cosmos Blockchain, despite being ignored, is home to many promising Blockchain projects. There is also a Cosmos Hub based DEFI platform there called Osmosis which is an Atomatic Market Maker (AMM) platform, where one can swap tokens of popular projects that are built inside the Cosmos Blockchain - AKT, ION, DVPN, IRIS, XPRT, CRO and Regan.
All these project channels are interconnected with each other, thanks to the mechanics of the Inter-blockchain Communication (IBC) protocol which enabled me to send my ATOM tokens to the Osmosis platform using the IBC transfer feature in my keplr wallet.
*Blockchain projects inside Cosmos that can be accessed through Keplr wallet*
Keplr wallet app https://wallet.keplr.app/#/cosmoshub/stake
The first active DEFI platform in Cosmos - AMM DEX Osmosis
Osmosis website https://app.osmosis.zone/
LPs provide liquidity for swaps in Osmosis Dex
AMM platforms like Osmosis, get liquidity for swaps with the liquidity provided by liquidity providers(LPs) to token pools. In Osmosis, there are token pools where a token is paired with either the Atom or Osmo token (native token of the Osmosis project), to which users can provide liquidity.
osmosis interface
*AKT token deposit pools in osmosis* https://app.osmosis.zone/pools
For instance, for the Akash Network holders, there are two token pools - AKT/ATOM and AKT/OSMO. If Akash token holders want to provide liquidity they can do so by depositing coins in any of those 2 pools.
They have to deposit AKT with the corresponding pair of the particular pool to be a liquidity provider. In return for providing liquidity they get LP rewards with OSMO tokens.
Liquidity Rewards for LP providers - OSMO tokens
Right now, I don’t know any other way of procuring OSMO tokens other than providing liquidity to the platform as OSMO tokens are not available in any other major Centralized exchanges to be purchased.
So, it turned out I am earning some OSMO tokens after being a LP provider for AKT/ATOM pool. I choose to be a LP provider bonding my tokens to the pool for 14 days.
Osmosis interface
*My active liquidity pool at Osmosis* https://app.osmosis.zone/pools
Transferring tokens to different project networks using Keplr wallet’s IBC transfer feature
Being a LP provider was not a straightforward process, as I had to transfer my Atom and Akash tokens in the kepl wallet to the Osmosis channel in that wallet using the IBC transfer feature.
*IBC Transfer feature to transfer coins from one Cosmos channel to another*
The one required wallet to connect with the entire Cosmos Blockchain Ecosystem - Kepl wallet
*Keplr wallet can connect to different Cosmos projects (options come in the dropdown*
Keplr wallet is a must have wallet for users who want to participate in the Cosmos Blockchain ecosystem, it’s like what Metamask wallet is to the Ethereum Blockchain.
The Kepl wallet is connected with all the major projects inside the Cosmos Ecosystem. One can send tokens from one project channel to the other project channel of the Cosmos Ecosystem by using the IBC transfer feature in the Kepl wallet.
The process for doing this is outlined in this reference article - https://medium.com/chainapsis/getting-started-with-ibc-transfers-276e9ce91e17.
Transferring tokens to Osmosis through IBC transfer using the Keplr wallet
Image Source https://medium.com/chainapsis/getting-started-with-ibc-transfers-276e9ce91e17
In my case I had to transfer Atom tokens from the Cosmos channel to the Osmosis channel in the Keplr wallet. Then I had to transfer AKT tokens from the Akash Network Channel to the Osmosis channel in the Kepl wallet.
I needed to add the Osmosis IBC channel inputting the Destination chain and Chain ID details.
*Add IBC channel by inputting correct Destination Chain and Channel ID.* *Details of all this is here in this reference guide article* https://medium.com/chainapsis/getting-started-with-ibc-transfers-276e9ce91e17
After this I could transfer the tokens to the Osmosis channel, to the deposit address of the Atom smart contract in the Osmosis platform.
*Once the IBC Channel is added, the coins can be sent to the recipient's address*
Fees for swapping tokens in the Osmosis DEX are paid with OSMO tokens
I could perform no swap activities in the Osmosis protocol yet as I needed to have OSMO tokens to pay fees for the swaps. I reckon part of these fees go to compensate liquidity providers of that particular pool too.
As expected the APR for LP providers is high now to attract them to the Osmosis platform and encourage them to stake and be Liquidity providers.
All in all, it was an interesting learning experience, where I learnt a bit on how AMM DEFI platforms work.
***Thank you for reading, have an awesome day!!***
Our pets also need a friend to live their lives meaningfully with happiness!!
The most wonderful gift for any body may be a friend, something that takes away the vacuum of boredom from our pets, washing away their lonely state . Awww…
Yeah…
***Boring days have turned into ok days for Garu ever since he got Mochu, his cat buddy!!***
An Unlikely friend for cat Misty!!
However, even for a cat a friend can be any body right?... Keep wondering!!
As you keep wondering what I am saying it maybe a good idea to listen to this Beatles song titled - “I get by with a little help from my friends”
https://youtu.be/WQyVW8WkOcY
***Now, I will break this that Cat Misty is friends with an unlikely companion… She is friends with dog Scooby.***
With a companion, cat Misty would never feel bored and alone
So, she won’t get bored or feel alone in life for sure, as the lyrics of the Beatles’ song
goes -:
*“I get by with a little help from my friends,*
*mm..I get high with a little help from my friends”*
***And with Misty’s friend being a dog, that song has an explanation for that too..***
*“Do you need anybody?*
*I just need someone to love*
*Could it be anybody?*
*I want somebody to love”*
*Nice song for cat Misty and Scooby!!*
Friendship can conquer all other differences if given a chance
This apart, it’s nice to watch this kind of friendship, when we hear things like “intolerance” in the human world!! . Should animals teach humans that we can tolerate each other, respect our own individual differences and co-exist together?. *(Shame, shame, puppy shame surely, so much for civilised creatures called human beings, ha!!)*
Also, it’s nice to see such friendship when there are instances of street dogs attacking cats as not all dogs are bound to be cat attackers, maybe to some extent it depends on how dogs are brought up. Scooby certainly is brought up well by his pet parents, he is well behaved, not the kind of dog that will bite anybody as is evident, not even cat Misty.
This is why, one need not be afraid, when Scooby is walking along with his pet parent Dad without a lease, he seems a mature dog that knows his limits for sure. He would just wait on his Dad parent, follow him and not go out of control. Applause for such nice dogs like Scooby and his parents who trained and brought him up!!
Our four legged creatures have a soul and cherish companionship!!
Although we associate animals to have base instincts, these instances prove us wrong as they show us that these creatures too have a soul and that they too cherish such things like companionship and friendship which is love after all, is it not?
So, Scooby has a big heart to accept another animal, that by nature is supposed to it’s enemy that he should dislike.
He has won cat Misty’s confidence 100% (: and won’t hurt her even though he is bigger than her.
Beautiful relationship is it not?
A Lesson for life!!
What’s the take away from all this?... That sometimes, love conquers differences and makes everything level between anybody. And we should at least respect others despite their differences and always aspire to have a good time with everyone. This makes our world a better place for sure, just a tad bit.
***I am ending this post with more lyrics from the song -***
*“Does it worry you to be alone?*
*How do I feel by the end of the day?*
*Are you sad because you're on your own?”*
*“No, I get by with a little help from my friends*
*Mm, get high with a little help from my friends”*
https://youtu.be/WQyVW8WkOcY
Friendship at first sight not the case between Scooby and Misty
There is just this one thing, where the lyrics of the song contradicts the logic in case of the relationship between cat Misty and dog Scooby ...
*“Would you believe in a love at first sight?*
*Yes, I'm certain that it happens all the time”*
Their friendship kind of love(let’s not sensational anything here), did not happen at first sight. At their fight sight, that took place over a year ago, dog Scooby pounced and barked madly at kitten Misty so his Dad parent was not able to take Misty home.
However, over time I guess these two saw more of each other and accepted each other. It’s a matter of knowing the other and slowly forming a bond of trust, understanding and acceptance.
Any relationship to form a strong bond, takes the test of time. This was just another piece of wisdom that I could not resist sharing.
**Happy Caturday and Doggy day too for dog parents!! I hope you enjoyed my article for Caturday!!**
The interesting bet on Polymarket on weather Cardano will get smart contracts by October 1st
Image Source https://polymarket.com/market/will-cardano-support-smart-contracts-on-mainnet-by-october-1st-2021
Crypto Community looks disinclined to take Cardano Blockchain seriously
Looks like the crypto community is bored of the Cardano Blockchain that is still in the process of launching it’s smart contract feature, that according to Cardano roadmap will happen when the Goguen era commences.
The evidence for this is a bet placed on the prediction market existing on Polygon side chain, Polymarket, on whether Cardano will launch smart contract features by October 1st.
The bet on Polymarket on Cardano
This bet has the 2nd highest trading volume in the Polymarket platform, with the trading volume at the time of writing being $297,177. The share price of “no” is $0.59, whereas the share price of “yes” is $0.41. This means that more bets are placed on Cardano not being able to release smart contracts by October 1st.
Image Source https://polymarket.com/market/will-cardano-support-smart-contracts-on-mainnet-by-october-1st-2021
The bet option which is more expensive, is the bet option the market is more tilted towards. The winning betters with the right answer can redeem 1$ in USDC. https://www.coindesk.com/market-opens-betting-that-cardano-wont-release-smart-contracts-by-oct-1
Already there are Blockchains that have popularly used dapps and Cardano lags behind in this practical aspect
In the current Blockchain universe, there are a number of Blockchains that are live with various apps for DEFI, NFT, gaming that are attracting users. Already, Binance Chain, Solona, Polygon, Cosmos have applications allowing users to participate in DEFI, among other things.
Popular DEFI apps today in various chains - Ethereum, Polyson, Binance Smart Chain, Solana etc https://defillama.com/home
Therefore, one can understand why users don’t feel excited about Cardano Blockchain, that’s taking some time to evolve fully to the stage where it is ready for smart contract deployment that would have the Cardano Blockchain ready for creation of applications that users are looking forward to using.
Cardano is almost there with smart contract capabilities getting evaluated in the testnet
Image Source https://medium.com/coinmonks/cardano-alonzo-testnet-is-hot-now-it-will-be-fastest-run-on-smart-contrat-76ccec010003
However, Cardano seems to be very near the stage of getting smart contract capabilities as the Alonzo testnet has been live for Cardano validators, stake pool operators, developers to test the smart contract functionality before implementation of this smart contract functionality in the Cardano Mainnet. https://cryptobriefing.com/cardano-expands-smart-contracts-with-testnet-upgrade/
Cardano Blockchain may be slow to come alive but it’s designed with a lot of care
Cardano’s head, Charles Hoskinson has a methodical, tried and tested approach of developing the Cardano Blockchain. The Blockchain is designed after a thorough peer reviewed academic research conducted by experts in the field of programming, distributed computing and game theory.
Hoskinson, has revealed that it is critical for testing out the smart contract feature in the testnet methodically before its launched in the mainnet, which is a logical step to pursue, since he wants Cardano Blockchain to be launched without it experiencing any major hiccups when it is launched.
Cardano Roadmap
*Cardano Blockchain is entering the Goguen era, where the milestone of the Blockchain having Smart Contract capabilities would be accomplished* . https://www.publish0x.com/However,%20Cardano%20seems%20to%20be%20very%20near%20the%20stage%20of%20getting%20smart%20contract%20capabilities%20as%20the%20Alonzo%20testnet%C2%A0has%20been%20live%20for%20Cardano%20validators,%20stake%20pool%20operators,%20developers%20to%20test%20the%20smart%20contract%20functionality%20before%20implementation%20of%20this%20smart%20contract%20functionality%20in%20the%20Cardano%20Mainnet.%20%20%20%20%20%20Cardano%20Blockchain%20may%20be%20slow%20to%20come%20alive%20but%20it%E2%80%99s%20designed%20with%20a%20lot%20of%20care%20%20%20Cardano%E2%80%99s%20head,%20Charles%20Hoskinson%20has%20a%20methodical,%20tried%20and%20tested%20approach%20of%20developing%20the%20Cardano%20Blockchain.%20The%20Blockchain%20is%20designed%20after%20a%20thorough%20peer%20reviewed%20academic%20research%20conducted%20by%20experts%20in%20the%20field%20of%20programming,%20distributed%20computing%20and%20game%20theory.%20%20Hoskinson,%20has%20revealed%20that%20it%20is%20critical%20for%20testing%20out%20the%20smart%20contract%20feature%20in%20the%20testnet%20methodically%20before%20its%20launched%20in%20the%20mainnet,%20which%20is%20a%20logical%20step%20to%20pursue,%20since%20he%20wants%20Cardano%20Blockchain%20to%20be%20launched%20without%20it%20experiencing%20any%20major%20hiccups%20when%20it%20is%20launched.
Cardano has progressed a phase further in the Alonzo testnet stage
Right now, Cardano is being tested in the Alonzo testnet in the Alonzo White testnet phase, a upgrade from its earlier Alozo Blue testnet phase. The next stage of the testnet will come after 2 to 4 weeks.
Many Delays in the case of essential improvements in the Ethereum Blockchain
Image Source https://ethereum.org/en/eth2
Last year, Charles Hoskinson boasted that by July 2021, Cardano would be having thousands of dapps in it, which turned out to be a very optimistic claim that not could not happen in reality.
However, delays on such things are pretty common, ask Ethereum app users about the scaling solutions like optimism they have been eagerly awaiting for. There are many disgruntled crypto participants who are tired of Ethereum congestion and network fees, although now it’s much better for various reasons.
We wonder how long it will take for Ethereum 2 to launch, too much patience one needs sometimes to bear with the delays in the Ethereum Network essential improvements.
The Cardano bet made Charles Hoskinson laugh
On the cooler side after this hot pour on Ethereum, Charles Hoskinson has responded to this bet on PolyMarket in a cool and light manner…
Image from tweet https://twitter.com/IOHK_Charles/status/1415565396703432706?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1415565396703432706%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.coindesk.com%2Fmarket-opens-betting-that-cardano-wont-release-smart-contracts-by-oct-1
Ha..ha...ha!!
What’s your bet on all this ?
I would personally bet on ‘yes’, that the Cardano Blockchain will launch its smart contract feature by October 1st.
The bet with the highest trading volume on Polymarket is on Ethereum on whether Ethereum will implement EIP-1159 before August 5th…
I roll my eyes, I want to know when all those scaling solutions - optimism, roll ups and Ethereum 2 will launch. Never mind. Although personally, I would bet yes for that EIP-1159 bet too.
***Thank you for reading my post. Have a lovely day ahead!!***
Remarkable tales from the life of Fingy of the Jinch clan
Lore is what everyone demanded, and in this day with such creatures as the dear Jinch, all are good story tellers. So there sat a very dear creature of the Jinch species , very comfortable and lazy but jolly good he is no other than the famous Fingy whose adventures are narrated else where in the ‘Jinch story’.
Jinch creatures are fat and pinky, loved merry making, were rather non-historical creatures , never in the history or any ancient stories of this planet ‘Adad Im ‘ or the Terry (sister planet of an ancient blue planet called earth) , were they much talked about but this story concerns the Jinches about whom obviously much will be said.
The ever enchanting adobe of Fingy - The LiteMall
Anyway Fingy lived in a place called LiteMall.
His home if you did visit will be just the pleasant kind with tea on the hearth, sweet smelling cakes, the most excellent wines , juices , and coffe of just the perfect sort with any flavour you can think of - chocolate, mint ,creamy vanilla name it.
LiteMall was situated near the garden of Sam, whose the best gardener in the city of Jinches ‘Jinner land’ . His son Sam II offered his gardening services to Fingy’s young nephew ‘Bingy’ on which maybe something maybe learnt here.
Fingy's LiteMall Home was conical, he built it in memory of the wizard’s hat, it had some magic to scare away evil in the city. It had what you can call a wizard’s laugh, a wizard who many know as Kingalf who is a disciple of a very legendary wizard called Gandalf .
However, in truth Kingalf only read about Gandalf, from sources of an another time , a lore story written in earth whose name is not going to be mentioned here (although you can guess it surely ).
Melodious fumes of Tabbot at LiteMall
This Conical home of Fingy oozed the smell of herb ‘Tabbot’ , a herb in alternative to cigarette tobacco got by a Jinch ancestor old boy Tomtop who was a musical botanist at his time . The BlackPipper music or the TabbotPipper music, Tomtop had played with his musical pipe called harmonica, an instrument where wind can produce different rymhes and tones with an additional feature of pipe smoking .
Well Fingy had Tabbot fumes as he had a fairy pet FishFingy, a creature he saved from the sea of Cassilica in the adventure of which is mentioned in the ‘Jinch story’.
Fingy’s fair FishFingy, the precious pet somewhere inside LiteMall
FishFingy was a fair fishy whose eyes where clear and she was a intelligent fish not like the decorative fishes in aquariums. Her swimming is like sail dancing and she can jump and loves to be petted. She is pure silver silk , she can blow Tabbot bubbles and fumes if a fish pipe was floating in her basic.
Her palace is like Fingy’s home itself , flowers and shells with smell of nectar whose smell cures bad thoughts and a repellant to bad head aches. Fingy who adopted FishFingy was born on a sea rose petal and she might be the fairy fish whose story is mentioned again elsewhere. Her life is sparkling and so very long and if Fingy wanted he could have sold her for a price of the world un-estimatable but Fingy would never do that.
Merry pet FishFingy
FishFingy lived in Fair Isles inside LiteMall , it seems she was a lost sad fishy, but with Fingy she was ever happy, merry just like the Jinches. Bingy and his cousins - Ninfy, Hingy , Dingy, Minsi played with FishFingy and of this remarkable creature Minsi has written a book , ‘FishFingy silver mermade’ of which naught has been mentioned here.
FishFingy was the only fishy that knew how to give a ‘hi-fi’ and give a Gentle handshake , Fingy trained her giving her his most delicious crubs from cakes , he made speacially for her. It had corn, butter , batter and some fish food ingredient which is unknown .
The evergreen LiteMall with the echo of a wizard’s laughter is ever Merry
LiteMall was ever EverGreen in flavour. Sam’s garden surrounded it, and the view from LiteMall was evergreen.
Kingalf’s laugh wave is emitted because of the release of his stored echo , and when the wind blows the echo sort of bounces or a evil radiation activates the echo of the laugh which is in-between the walls of the house. Fingy was a remarkable man with remarkable things most of which has come after his adventures of which is mentioned somewhere else(You heard it before, it’s in The Jinch Story).
****A poem on Fingy’s lovely LiteMall by his nephew Bingy****
*‘when ignites the light out of the sun in day ,*
*Hear him sing with the harmonica in the Mall called LiteMall,*
*And watch the gardener tend the best garden in a trance of pleasantness,*
*And there blooms near LiteMall beauty of the Jinner land.*
*Lily special is called a season where butterfly dance through wind in ease,*
*While dear old Fingy dwells in peace twilling his time in pleasantries to behold,*
*FishFingy, a fish fairy ever so pearly and she glows in Tobbot fragrance in soft petal*
*Skin so fluid with silk,,a dolphin-dale of sister earth she is ,*
*Sailing in the Fair Isles inside Fingy’s Lite Mall ,*
*Marvel is the scene around the house of Dingy.’*
And so a poem goes written by Bingy...
***This story is complexly fictionally, any resembles to any real life characters is by accident. Ha, ha… on a serious note, I wrote this story a decade ago and it’s inspired by reading my favourite Lore - The Lord of the Rings.***
You can read what I wrote about the Lord of the Rings by the literary genius JJR Tolkein here... https://www.publish0x.com/buzzing-news-and-stories-of-interest/jrr-tolkien-s-lord-of-the-rings-is-always-a-delightful-read-xerwmjd
*The main character of Fingy is akin to Bilbo Baggins and the allusion to Fingy’s adventure else ever is akin to Bilbo Baggin’s adventure written about in the book, ‘The Hobbit’*
*I hoped you enjoyed my attempt to write a Lore myself…*
**Good Day happy weekend.**
A crypto enthusiast’s first proper DEFI experience using the Polygon Network
More easier to enter the world of DEFI these days
My first proper experience of Defi has been mixed, and I lost 17 $, which I will explain about here just in a bit.
Somehow, even a once DEFI virgin like me got lured to explore the DEFI world because it’s become easier to do so, because now one can participate in DEFI without using the Ethereum Blockchain alone.
Modified Screen shot from Openocean interface https://openocean.finance/
Even the emergence of the Binance Smart Chain could not kick off my DEFI journey
Somehow, I did not explore much of DEFI when Binance Smart Chain became a buzz although I was getting very near it, learning to use the once scary hot wallet Metamask, changing the RPC custom network to Binance Smart Chain in Metamask and nitty-gritty’s like that.
Even that was a bit daunting for me, for to use the DEFI application all the cryptos have to be in a compatible version, meaning if I want to use ATOM coins in Binance Smart Chain aps it has to be a BEP-20 coin.
This means that I have to convert the crypto coins to BEP-20 version, for which I conjecture Binance Bridge can be used or the crypto should be withdrawn from Binance Exchange to Binance Smart Chain compatible Metamask wallet using the BSC network for any crypto coin to be converted to a BEP-20 crypto coin.
Modified screenshot from Binance interface https://www.binance.com/en
Only when the crypto is a BEP-20 coin will it be compatible with the Binance Smart Chain apps. This meant that to use the apps on Binance Smart Chain, I first had to have my cryptos converted to BEP-20 version, and this was a lot for me to do at that time to get started with DEFI on Binance Smart Chain.
**Now, Binance Smart Chain has lost its earlier allure as its Centralised**
My motivation to explore DEFI in Binance Smart Chain has dwindled because of talks that Binance Smart Chian is actually CEFI, it’s not decentralised as all the validators of Binance Smart Chain are controlled by Binance that has a majority stake of BNB coins anyway. Plus, there was news on Binance Smart Chain ecosystem having apps that are an exact copy of good Ethereum Apps.
Top DEFI apps of Binance Smart chain >> https://defillama.com/chain/Binance
These days, talks are on that good quality DEFI apps are the tried and tested oldies of the Ethereum ecosystem as lots of hacking of DEFI protocols has happened in Binance Smart Chain apps.
Polygon makes it possible to explore those well known and trusted DEFI apps of Ethereum
Then came Polygon, and that gives one opportunity to try popular Ethereum DEFI apps like AAVE, 1inch, Curve in less fees than from doing DEFI completely in Ethereum.
Popular Defi apps in Polygon >> https://defillama.com/chain/Polygon
One will need to customise Metamask wallet to be compatible with the Polygon network and that can easily be done. Instructions for that are here in this guide - https://docs.matic.network/docs/develop/metamask/config-matic/
Once we have the Polygon network connected to Metamask, we just fill the wallet with enough ETH and some Matic for fees and we are good to start dabbling with DEFI on Polygon.
Better and less costly ways of getting Matic for DEFI purposes, than getting them from Centralised Exchanges
I have learnt that buying Matic from the Binance Exchange and sending it to the Metamask wallet is costly, with withdrawal fees being 14 Matic, that’s about 14 $, that is more than Rs 1000 , which is a lot for me, but I did it anyway. However, in hindsight, I could have avoided this, by just filling my Ethereum compatible Metamask with ETH and using a swap app like 1inch to swap ETH to Matic.
Swapping using OpenOcean Protocol lost me 17$!! - A Disappointment!!
I don’t know if it would have worked because of my disappointing experience of using OpenOcean to swap some ETH to Matic. My transaction never went through, it failed, however the gas fees I spent for the transaction that day was 10 Gwei. I got the message that those fees won’t get refunded as they are the computing charges charged by the Ethereum Network. Sucks… I lost 17 $ trying to swap using this OpenOcean app and they all failed because gas spent for the transaction was not enough.
I have heard about OpenSea, (which I suppose is this OpenOcean app) being a Dex Agreegator aggregating liquidity of Ethereum DEFI exchanges(DEXs). It’s told that OpenOcean can execute a swap providing the best match for the lowest fees. Well I felt all this was bogus. Why did not that OpenOcean charge me enough gas fees that are required to pass that Ethereum transaction?. I am definitely no fan of this OpenOcean app.
However, in hindsight, I could have avoided that unnecessary ETH crypto loss by having custom adjusted the gas fees to a higher amount, instead of trusting that OpenOcean protocol. One can reference ETH’s gas information from - https://etherscan.io/gastracker or https://ethgasstation.info/ , then adjust the gas fees a little above the high or ASAP limit, because trust me otherwise the ETH transaction will fail and you will bear the gas fees for no useful purpose.
In OpenOcean, please custom adjust gas fees seeing reference gas fees from suggested sights. https://openocean.finance/
Getting Matic through 1inch inside the Polygon Network
So, I explored another way to procure more Matic the DEFI way. I transferred more ETH from Ethereum to Polygon using the Polygon bridge so that I can use the 1inch app under Polygon Network and get Matic by swapping ETH. Since it was a Sunday the Ethereum fees for transferring ETH from the Ethereum Metamask wallet to Polygon was very low, like 2$.
From there I went to 1inch and opted for the Polygon Network. Here, like a charm I swapped ETH to Matic with low fees since it’s the Polygon Network. I had no hassles of needing to worry about fee adjustments to get my transaction through. 1inch is definitely a DEFI platform that gave me a good DEFI experience and I plan to explore more of it in the coming times.
1inch>> https://app.1inch.io/#/137/swap/MATIC/DAI
Therefore, the DEFI experience for a somewhat DEFI vergin crypto enthusiast like me has been mixed.
More DEFI with crypto lending done by depositing cryptos at AAVE Market inside the Polygon Network
Aave Market in Polygon Network https://app.aave.com/dashboard
However, I did more DEFI stuff other than this swapping activity. I went to AAVE Market under Polygon Network and deposited my ETH and Matic that was there in my Polygon wallet. It’s pretty cool because I will be earning some interest for depositing these assets.
*Here is how much APR% AAVE Market in Polygon provides.* https://app.aave.com/deposit
**DEFI is cool as a alternate way to do crypto trading activities than just using CEX**
All in all it’s still very exciting that I can swap cryptos in DEFI and trade without using centralised Exchanges. Further, I can also deposit my crypto assets to earn interest which is what they call earning passive income on your idly lying crypto assets.
I have been itching to explore this buzzing use case of Blockchain for at least a year, so this has been an interesting experience.
San Marino’s unique vaccination passport is produced on Vechain Thor’s Blockchain
San Marino issuing Digital Covid Vaccination Certificate for it’s Citizens
It’s always nice to read news of practical use cases of Blockchain Technology, more than just the DEFI and NFT stuff we investors so much hear about. Here is one such example where a small country, San Marino with a population of just 33,000 is leveraging Ve Chain’s Blockchain Technology for creation of San Marino’s Digital Covid Vaccination Certificate. https://cointelegraph.com/news/san-marino-approves-vechain-enft-vaccination-certificate-that-s-verifiable-worldwide
Now, every vaccinated San Marino Citizen will get a Digital Covid Vaccination Certificate complaint with European Standards that will have details of their vaccination status, past history of infection, negative test result etc.
This certificate can be acquired by the individual who wants it by requesting any facility that’s authorised by the country’s health authorities to give it. The Digital Covid Vaccination Certificate can be availed in both digital and paper formats.
Verification of these digital certificates for the required vaccination details
This certificate will be very helpful for travel purposes where countries of the World can easily verify if that particular San Marino Citizen has been vaccinated.
There are two QR codes embedded in San Marino’s Digital Covid Vaccination Certificate that can be scanned for verification purposes.
The first QR code caters to the European Union requirements and allows approved European member state entities to verify the Digital Certificate.
The second QR code allows others outside European Union to verify the Digital Certificate. After scanning the QR code, a web application shows up that will have all information needed to verify the validity of the certificate.
Blockchain based digital covid vaccination certificate linked to NFT
All this is pretty cool as San Marino’s Blockchain based Digital Certificate is assured to be of European Standards and completely interoperable but there is something even cooler in all this, and many of you crypto and Blockchain enthusiasts might be able to guess this.
This digital Covid vaccination Certificate is linked to a Non-Fungible Token, yeah NFT, where the vaccinated individual’s details are all stored as a NFT in the Ve ChainThor Blockchain. NFTs are unique and distinct tokens that are immutable. They are very commonly getting used now as proof of ownership of an asset(art, real estate, movie, song etc), for copyright purposes.
Here however, NFT is used to certify the authenticity of the details linked to the vaccinated person, eliminating the chances of forgery.
Mechanisms to safeguard personal data of people respecting their privacy
What’s more, this article explains that personal data of people will be protected. True that data stored on the Blockchain is more secure than when stored on a server which can get hacked, however, for verification of the Covid vaccination certificate, personal data parameters are not required to be inputted. https://medium.com/vechain-foundation/san-marino-approves-national-green-pass-allowing-citizens-and-residents-to-move-freely-1e874f4ccd1b
More details of how this process works is explained in this article which involves the process of issuing the root certificate using public and private keys that are needed to sign the digital certificate. https://medium.com/vechain-foundation/san-marino-approves-national-green-pass-allowing-citizens-and-residents-to-move-freely-1e874f4ccd1b
***That’s it folks!! Happy a great weekend ahead!!***
A Bitcoin enthusiast institutional investor working to further the Bitcoin ecosystem in his own way
Image Source https://cryptobriefing.com/square-planning-launch-bitcoin-hardware-wallet/
A well known loyal BTC whale institutional investor associated with twitter
Let’s look into this celebrity supporter of Bitcoin. Can you guess who he is when you are given the clue that he is someone associated with Twitter?.
Of course, you guessed it ,he is Jack Dorsey, who founded Twitter and then the payments company Square Inc.
Image Source https://www.ft.com/content/bb204576-cb61-11e9-af46-b09e8bfe60c0
Way back in 2018 itself , Square led the way in the adoption of Bitcoin when Square’s cash app added support for Bitcoin, enabling merchants and users to send and receive Bitcoin payments.
*Taken from* *Square cash apps website*
*Cool illustrative easy explanation of Bitcoin in* *Square Bitcoin Cash app’s website* *- check it out* https://cash.app/bitcoin https://www.publish0x.com/Square%20cash%20apps%20website
Square was one of the early supporters of BTC. All this paid off well too, with Square in the coming years making good profits out of its Bitcoin payment transaction business.
*Taken from* *Square cash apps website*
*Cool illustrative easy explanation of Bitcoin in* *Square Bitcoin Cash app’s website* *- check it out* https://cash.app/bitcoin https://www.publish0x.com/Square%20cash%20apps%20website
Square’s big investments in Bitcoin started before BTC price went above 20,000
Now, Jack Dorsey is continuing his association with Bitcoin, with Square being a major institutional investor that got into Bitcoin, allocating an amount of 50$ million which constituted 1% of its balance sheet into this digital gold asset class. This investment that happened on October 2020 last year has obviously proved very profitable, as we all remember that on that time period Bitcoin’s price shot up from 10,400$ to 20,000$
Following this in Feb 2021, Square again made an additional investment of 170$ million into Bitcoin.
Square is active in funding initiatives that improve the Bitcoin Network
*Cool illustrative easy explanation of Bitcoin in Square Bitcoin Cash app’s website - check it out*
Under Jack Dorsey, Square Crypto was formed in 2019, that funds initiatives that furthers the development of the Bitcoin ecosystem.
A renewable, solar-powered Bitcoin mining facility is on the making - All Open Source!!
*Cool illustrative easy explanation of Bitcoin in Square Bitcoin Cash app’s website - check it out*
Recently, Square and Blockstream that’s under Adam Back have collaborated to create an open source, solar powered Bitcoin mining facility ]in the US. The open source nature of this project makes it transparent, so all the insights gained out of building a renewable energy;solar powered Bitcoin mining facility will be shared with the public. https://cryptopotato.com/square-and-blockstream-to-launch-a-solar-powered-bitcoin-mining-facility/
Blockstream will provide a dashboard which will put on display real-time metrics of the working project with details of the Bitcoin mined, the power output etc.
This initiative is to show the world that Bitcoin Mining can be powered by renewable, clean energy, and give motivation for other Bitcoin mining entities to transition to clean energy. When that happens Bitcoin can motivate other industries and entities to transition to using clean energy for a sustainable future.
Wow...this is a commendable project to be involved in, and Jack Dorsey through Square is funding 5$ million for the development of the facility, with Blockstream working to build the infrastructure for the solar powered Bitcoin mining facility.
Square’s plans of creating a non-custodial Bitcoin mobile hardware wallet
Besides this, Square is looking to build an open source, non-custodial Bitcoin mobile based hardware wallet. As of now, Square holds the BTCs of its cash app users and with this bitcoin hardware wallet that can be integrated with Square’s cash app, it’s customers can hold and have ownership of their cryptos and private keys. https://cryptobriefing.com/square-planning-launch-bitcoin-hardware-wallet/
Square’s non-custodial bitcoin hardware wallet too would be open source, where everything will be discussed with the community and a Github page may be set up for it in the future.
**Appreciations to Jack Dorsey for adding value to the Bitcoin Ecosystem sensibly**
*Taken from* *Square cash apps website*
*Cool illustrative easy explanation of Bitcoin in Square Bitcoin Cash app’s website - check it out* https://cash.app/bitcoin
What we should appreciate in Jack Dorsey is that he is doing things that further the development of the Bitcoin ecosystem in a positive way. He is not just in Bitcoin for the money , he seems to believe in this asset class and is passionately involved in the Bitcoin ecosystem beyond merely being an investor and the owner of a Bitcoin payments app.
*This cool infographic from* *Square's Bitcoin cash app* *explains what Bitcoin enthusiasts believe Bitcoin to be - Digital Gold!!* https://cash.app/bitcoin
Jack seems to have sound values of encouraging Bitcoin holders to custody their own Bitcoins because otherwise BTCs that you HODL are not under your ownership and control.
*This cool infographic from* *Square's Bitcoin cash app* *explains why Bitcoin enthusiasts love BTC because it cannot be manipulated by authorities!!* https://cash.app/bitcoin
It’s good to have such business people as a famous personality in the crypto sphere for balancing the damaging impacts back stabbing businessmen like Elon Musk to Bitcoin’s price with his tweets!!
Jack even attended the historic Bitcoin Conference this year and revealed that Bitcoin is so important to him that he would leave Square and Twitter if Bitcoin needed him. Awww… I know that feeling of being a Bitcoin enthusiast, we get so passionate about it, it’s so much like being in love and all that. Sweet and cute.
Well, why not view it this way if Elon Musk conveyed through his tweet that he broke up with Bitcoin!! If that is the case Bitcoin has found a better loyal Bitcoin enthusiast than him by miles for sure!!
***That's it, guys, thanks for reading my post and have a awesome week ahead!!***
Interesting times about with cosy sleeping and video watching house cats
*Photo credits - bulletgelly*
Cosy sleepers these cats are undoubtedly
Today is that day where cat flavoured blogs are cherished, and a great day for us cat parents to do Caturday posts.
The easiest cat content to put on can easily be cat sleeping pictures with their varied sleeping poses where they universally look very cosy indeed!!.
*Photo credits - bulletgelly*
However, my cats do more than just sleep about although they do that a lot definitely.
Cat Garu’s fancy towards this vegetable basket bag
*Photo credits - bulletgelly*
Like my cat Garu who is not allowed to fiddle around my home’s vegetable basket bag, finds it and fiddles with it. Leafy vegetables delight him and he loves biting them.
It is always amusing to watch these antics of cat Garu where he hunts the vegetable basket that you try to keep away from him and gets playing around, silly cat that he is. So silly that your anger evaporates into amusement.
**Cat Mochu’s new found entertainment - watching videos**
*Photo credits - bulletgelly*
Cat Mochu has taken a fancy to watching videos. It started from showing him videos of animated stuff on youtube like birds, squirrels, moving rats, fish and snake. All this did excite Mochu which can be quite expected.
Later I showed cat Mochu videos of himself and his cat brother friend Garu, which totally excited cat Mochu. Cat Mochu began touching his virtual avatar on screen, and meowing, like he recognizes himself and cat Garu there.
Here is a video of both my cats watching their own video, although it's Mochu who is fasinated by such videos not cat Garu.
https://youtu.be/fQjqJzw5LBQ
He won’t be quite during his video watching time, he would touch the screen and come on the computer and press some keys and completely disorient the video. Thanks to Mochu, I am not subscribing again to Netflix, because I won’t get much time to watch Netflix if Mochu comes wanting to watch stuff would I?
You can see cat Mochu's engaging and interactive time watching this old video of Garu rolling over the sand. Of course, Mochu knows it's cat Garu there in the screen!!
https://youtu.be/UlKtxICNJgY
Imagine getting some free BTCs from your Government, it’s happening in El Salvador
Free Bitcoins for every adult Citizen of El Salvador!!
Which crypto enthusiast won’t like to receive free Bitcoins?
Twitter Link https://twitter.com/DocumentingBTC/status/1408261020028653571?s=20
This is why this news interested me. Many minors look forward to turning 18, for adults can then do stuff minors are prohibited to do, however one more cool thing an adult El Salvador Citizen can do is get free Bitcoins worth 30$. https://cryptobriefing.com/el-salvador-distribute-30-bitcoin-adult-citizens/
Yes, the famous President of El Salvador who has made news for successfully passing a Bitcoin law that made Bitcoin a legal tender in the country has announced that all adults of El Salvador who download the country’s Bitcoin wallet app would receive 30$ worth of BTC. Damn cool is it not!!
Bitcoin looks geared to receive further investments from the Citizens of El Salvador!!
Bitcoin investors should surely view this news as being bullish for Bitcoin, because the 4.5 million adult population of El Salvador are incentivised by the Government led by president Nayib Bukele to hold BTC. Therefore, if they are on boarded into investing into this asset, it will grow the global usage of the Bitcoin Network by 2.5%, according to on-chain analyst Willy Woo.
Willy Woo's Tweet https://twitter.com/DocumentingBTC/status/1408261020028653571?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1408261901029494795%7Ctwgr%5E%7Ctwcon%5Es3_&ref_url=https%3A%2F%2Fcryptobriefing.com%2Fel-salvador-distribute-30-bitcoin-adult-citizens%2F
El Salvador’s Bitcoin wallet app can function on simple mobiles without internet data
This Bitcoin wallet app can operate in ordinary phones without internet data connection as well. This is practical because mobile data coverage in El Salvador is poor. El Salvador’s Bitcoin wallet app can operate on mobiles with basic cell phone connection. Peer to peer BTC transfers and receiving of BTC airdrops are possible with this Bitcoin app.
Bitcoin Law coming into effect on September 7th on El Salvodor
This BTC airdrop program will cost the El Salvodor Government 100 million dollars, the idea here is to have El Salvador’s Citizens get into Bitcoin.
The Bitcoin Law, which has made Bitcoin a legal tender in El Salvador, will come into effect on 7th September. This means every merchant and person in the Central American country has to accept Bitcoin as a payment option, they cannot deny being paid in Bitcoin. Although provision will be there to convert the received Bitcoin into dollars instantly for those who want dollars instead of BTC.
El Salvador maybe a fundamental factor that could be a bullish push for Bitcoin
*President of El Salvador Nayib Bukele showcases that he is a Bitcoin enthusiast in* *his twitter profile* *with those shiny eyes* https://twitter.com/nayibbukele
Refreshing is it not?. It could be a good idea to get some Bitcoins before the El Salvador population dips into this asset class taking the price of BTC up. Can’t help but think, Elon Musk is irritating news for crypto, but El Salvador’s president is making fascinating news for the crypto world.
Ofcourse, we all have to keep in mind that president Nayib Bukele is having serious corruption charges against him, he has even sacked 5 judges of the country’s court who were in charge of investigating these corruption charges. However, who cares?This Bitcoin adoption news is very exciting and exhilarating for a crypto enthusiast.
*By chance if you have missed out on all this exciting happenings of El Salvador adopting Bitcoin as legal tender, you can catch up with that by reading my articles here -:*
For the first time in the world somewhere Bitcoin gets recognized as a legal tender https://read.cash/@bulletgelly/for-the-first-time-in-the-world-somewhere-bitcoin-gets-recognized-as-a-legal-tender-79804eba
Big bang Bitcoin news of El Salvador set on to adopt Bitcoin as a legal tender https://read.cash/@bulletgelly/big-bang-bitcoin-news-of-el-salvador-set-on-to-adopt-bitcoin-as-a-legal-tender-d11046d5
**Thank you for reading my post, have a nice day!!**
My poetic expressions - The fresh charms for morning walkers around my flat surroundings
*Photo credits Bulletgelly*
*Temple under this giant beautiful tree that’s shading the sun lighted landscape so elegantly*
This poem is inspired by the beautiful campus surroundings of my flat, whose refreshing essence I experience in daily my morning recreation times where I walk or sometimes exercise doing stretches.
**There's some green about in the surroundings with trees, plants about.**
*Photo credits Bulletgelly*
*A closer view of the giant tree that’s crowned with numerous delightful and intricate tree elements*
**Silly entertainment accompanies my times here with birds, squirrels, cats and sometimes monkeys here.**
*Photo credits Bulletgelly*
*Monkey wins over free bananas from the vegetable vendor whose vegetables it tried stealing. My favorite walking area is visible at the back, front of the compound wall.*
**Morning pleasantries include hearty greetings from other walkers.**
My poem is dedicated to all of these walkers, who I hope also like me rejoice their mornings immersed in experiencing the wondrous elements of nature.
*Photo credits Bulletgelly*
*My flat Calico cat Meow under the shade of the giant tree, on the floor of fallen leaves, sitting just on the edge of the tree’s shade. She is looking out towards the sun shine lighted area unfolding front of her.*
Morning cheers - Poem for Nature rejoicing Morning walkers
*Evergreen charmed morning walks with elegant rhythms of Nature to appreciate.*
*Sparks of pleasantness only glowing with goodwill greeting fellow known souls in the morning hours.*
*Bright start to the day, bright start to the day, are these ringing of cheer bells everyday.*
*Nothing like the bloom of all green and flower colourful, nurtured by thoughtful plant and garden enthusiasts.*
And then behold for Nature's magic unfolds with nature's melodies uniting into a *symphony that softly echoes and flows around; igniting a freshness around for everyone to soak in.*
*I hope you all understood my morning joys all powered by Nature’s elements to make my day begin in a very blessed way.*
***Thank you for reading, have a great day!!***
The final process of igniting the Polkadot Blockchain to life depends on how Kusama functions now
If Kusama Blockchain functions well now, it’s time to initiate Polkadot Blockchain to life soon
Eyes are on Polkadot, on whether it will be that promising functional Blockchain we crypto enthusiasts expect it to be. The answers to this is now getting revealed with Polkadot’s test-network that’s Polkadot’s Canary Network, Kusuma, as it gets tested with the parachain stage initiated in the Polkadot's canary Blockchain.
Image Source https://polkadot.network/kusama-parachain-auctions/
This parachain phase is the final stage for bringing both blockchains Polkadot and Kusuma to life. Exciting is it not?. Everyone’s been seeing how the parachain stage is shaping up in the Kusuma Blockchain, so that one can foresee how that will shape up in the Polkadot Blockchain. If the parachains function well in Kusuma, then the parachain initiation phase will begin in Polkadot too.
Kusama’s first parachain Statemine successfully functioning in the Network
Up till now, the parachain phase has progressed very well in Kusama. The first parachain was initiated by deploying Shell in the Kusama Blockchain. After Shell remained stable in the Blockchain it got upgraded to Statemine parachain which made it a feature rich parachain. Statemine became Kusama’s first parachain, and it can store and transfer KSM tokens and interact with Kusama’s relay chain.
Then it was time for other parachains to be deployed in the Blockchain as Statemine functioned smoothly in Kusama for the required period of time.
Parachain Slot Auctions to select other parachains going to come live on the Kusama Blockchain
Image Source https://kusama.network/
The other parachains in the Polkadot network would be selected by conducting Parachain Slot Auctions. Here, teams who are applying for a parachain slot would have to bid for it and the highest bidder for the parachain slot would be the winner.
Teams can get crowdfunded loans from the KSM token holding community, who would lock in their KSM tokens with the concerned team/entity competing in the Parachain Slot Auctions, contributing to the team’s token bidding reserves. In return for the contributed locked tokens, communities get the team’s tokens as bonus. Token contributors can claim back their tokens along with the rewards they earned after the lock-in period.
Second Parachain of Kusama has come live and it is of Karura!!
Well, Kusama Blockchain had conducted its first round of Parachain Slot auctions and the winning entity tthat won a parachain slot here was Karura, which is s DEFI project twin of Acala that’s going to be in Polkadot.
From Acala's website
*Karura is twin of Acala with the former in Kusama network and latter in the Polkadot Network* https://acala.network/
My article here talks about this big news of Karura winning the first parachain slot auctions in Kusama. Karura then began producing blocks and is functioning well in the Kusama Network. https://read.cash/@bulletgelly/first-parachain-slot-auction-winner-in-polkadots-test-network-kusama-a2d249a2
Final stage of launching Polkadot can begin soon with Kusama stable with parachain deployments
Now, Kusama Blockchain has successfully had Statemine, Kusama’s first parachain function smoothly plus Kusama has conducted one parachain slot auction process successfully with crowdfunding of loans taken place correctly. Therefore, it looks like it’s safe to start off the Parachain initiation phase in Polkadot soon]. https://polkadot.network/the-launch-of-parachains/
We can already guess at least one likely winner of the parachain auctions that would hopefully happen in Polkadot. Yes, that should be Acala, the twin of Karura that won the first parachain slot in Kusama.
Acala's website https://acala.network/
DOT crypto may take off if Polkadot’s parachain stage gets on smoothly
Well, then, it looks like a good time to buy up some DOT crypto now because one can expect the price to go up with Polkadot going to have functional Dapps building in it when parachains come to life there!! After this, DOT will have more use cases like being used to stake in DEFI projects like Acala.
*Thank you for reading my post. Wish you all a great weekend ahead and don’t forget to upvote my post.*
First Parachain slot auction winner in Polkadot’s test network Kusama
Kusama's twitter https://twitter.com/kusamanetwork
Polkadot is getting geared for the final stage with the parachain activation process on stand by
Big news, big news for Polkadot investors and fans. Right now, Polkadot Blockchain, is getting ready for it’s parachain stage, where parachains can come up in the network.
This means that the launch of the parachain process has been getting tested at Polkadot’s test network or canary network, Kusama.
Kusama got set for the parachain slot auction stage
Kusama Website https://kusama.network/
A lot of parachain action happened on Kusama earlier with the first parachain called Statemine successfully having come to life and running smoothly without problems . More on this will be explained in another article. https://polkadot.network/kusama-parachain-auctions/
As the Statemine parachain stayed stable in the Kusama Network, the stage was set for the much awaited Parachain slot auctions. https://polkadot.network/kusama-parachain-auctions/
There are a limited number of 100 parachain stots available in the Polkadot and Kusama network and to get a parachain slot, an aspiring entity has to participate in the parachain slot auctions where the highest bidder in the auction wins the parachain slot.
The participating entities can get crowdfunded loans for participating in the auction, with Kusama token holders of KSM crowdfunding their chosen entity with KSM tokens. The holders who loaned their tokens would be rewarded with the entity's tokens and would receive their funded tokens back after the lock-in period.
The winning entity that won the first parachain slot auction in the Kusama Network
The first parachain slot auctions in Kusama has finished and the parachain slot winner is announced as well. The winner who won the first parachain slot in Kusama is Karura, which is the twin of Acala, the DEFI project entity building on the Polkadot Network.
From Acala's website
*Karura is twin of Acala with the former in Kusama network and latter in the Polkadot Network* https://acala.network/
Karura had received KSM tokens from 15,000 KSM stakeholders, with the entity managing to raise 500,000 KSM tokens to be the winning bidder and getting the first parachain slot in Kusama Network!!
Twitter https://twitter.com/kusamanetwork/status/1407272549311041537?s=20
Acala may win a para chain slot in Polkadot
Acala's website https://acala.network/
The next parachain auction in Kusama must have begun yesterday and must be ongoing now.
This could mean that in Polkadot when the parachain auctions begin, a winning entity to secure a parachain slot there, may be Acala which is Karura’s twin in the Polkadot network!!
*Thank you for reading.*
*You can read my article on* *Cosmos I wrote recently here**, which explains about the latest developments in the Cosmos Network that only increases the utility of Atom crypto.* https://read.cash/@bulletgelly/time-to-take-notice-of-cosmos-as-one-of-the-top-blockchain-platforms-of-today-94a49bd6
Time to take notice of Cosmos as one of the top Blockchain Platforms of today
The Cosmos Blockchain is now whole and complete with interoperability enabled
Cosmos Blockchain this year developed to become a whole complete chain that’s not just scalable but interoperable as well. The chain that already has hundreds of enterprise level dapps like Terra, Binance Chain, Akash Network, Thorchain became whole, turning into a internet of Blockchains after the Inter-Blockchain Communication (IBC) protocol got activated.
The IBC protocol enables any sovereign Blockchain that’s IBC compatible to be able to transfer tokens and data with the Cosmos HUB.
So, all the dapps within the Cosmos Ecosystem get interconnected when they are IBC enabled. Beyond this, even outside Blockchains like Polkadot and Cardano can be connected with the Cosmos HUB when the Blockchains are made IBC compatible. Therefore, interoperability was made possible for the Cosmos Blockchain and with this milestone Cosmos Blockchain’s first Road Map was completed.
Cosmos is one of the top available decentralised Blockchain platforms of today
Image Source https://cosmos.network/
The completion of the first roadmap had Cosmos Chain get established as a POS Blockchain with staking enabled for delegators to earn rewards while validators earned ATOM for securing the network. Further, on-chain governance allowed ATOM Holders to vote for upgrades to the network, while the chain attracted the developer community because of which there are about 240 dapps active in the network. https://blog.cosmos.network/the-cosmos-hub-roadmap-2-0-ca26e106b640
Therefore, Cosmos is one of the major decentralised Blockchain platforms of today that has everything one wants a Blockchain Platform to have.
Now Cosmos has developed its second roadmap. The vision here is to further develop Cosmos, with the Blockchain set to have DEFI dexs, bridges to connect with the Ethereum network and more. https://blog.cosmos.network/the-cosmos-hub-roadmap-2-0-ca26e106b640
The Development Road ahead for the Cosmos Blockchain
Image Source https://blog.cosmos.network/the-cosmos-hub-roadmap-2-0-ca26e106b640
**DEFI Dexs and a Bridge to connect with the Ethereum Network**
Image Source https://blog.cosmos.network/gravity-dex-testnet-competition-mainnet-launch-on-cosmos-imminent-b95ef5329d06
Quite soon, Cosmos will have DEXs, with Gravity Dex and Osmosis set to launch soon. Gravity bridge is being built for Cosmos to connect with the Ethereum Network.
Cosmos Twitter https://twitter.com/cosmos
This bridge will enable transfer of Ethereum and ERC-20 tokens to the Cosmos network while Atom and other tokens within the Cosmos Network can be sent to the Ethereum Network. This will provide good liquidy for DEFI ecosystems in both Cosmos and Ethereum networks.
**Staked Atoms can be collateralized to be made use in DEFI**
Further, Atom tokens that were delegated to secure the network, can be collaraterised to be used in DEFI for lending and swapping functions. Atom tokens that are delegated have a bond period of 21 days which is a long time. Now, these delegated tokens that earn staking rewards can be used to earn other rewards from the DEFI landscape .
**Cosmos HUB validators can secure child chains of the Network**
There will be inter chain staking as well where validators of the main chain can secure child chains inside the Cosmos ecosystem. This will enhance the security of the various projects inside the Cosmos chain. These validators are liable to be penalised with slashing of their Atom stake in Cosmos HUB if they misbehave.
So projects can build in Cosmos without worrying about security or the need to establish separate validators to secure the project’s chain as they can opt to have Cosmos HUB validators secure their network. Cosmos validators on the other hand can earn more rewards by validator child chains of the Cosmos HUB.
Now, Atom token would be used much more in the Cosmos Blockchain, therefore, fundamentally one can be bullish on Atom. When compared to other Blockchain projects, Cosmos gets less noticed, while Binance Smart Chain, Polkadot and Cardano are widely mentioned as Blockchain platforms of potential.
Unnoticed potential of the Cosmos Blockchain and the undervalued Atom crypto
However, Cosmos has been a ready to use decentralised Blockchain platform for a while with Polkadot and Cardano being still due to get launched for Dapps to be live there. Definitely, Cosmos deserves a bold mention as a decentralised Blockchain platform with great potential, which is why ATOM crypto is a good purchase now as it’s undervalued.
*Thank you for reading my article. Have a nice day ahead!!*
The Indian Government hates cartoons shared on twitter that highlight the reality
Nala Ponnappa cartoon tweet https://twitter.com/PonnappaCartoon/status/1401499716802682885?s=20
The current Indian Government under Prime Minister, Nadendra Modi has been overreacting to the tweets on twitter, because the Government under him is so adamant on keeping what you call a false face with a false narrative that they have been managing the country well.
Take for instance, Indian law enforcement agency asking Twitter to take legal action against cartoonist Manjul for his tweets comprising of his cartoons, samples of which you will be shown here that in a cartoonish light way talks about how the Indian Government under the current PM Narendra Modi mismanaged the Covid situation in India. https://scroll.in/latest/996730/centre-sends-legal-notice-to-twitter-for-action-against-cartoonist-manjuls-profile
To be frank, love such cartoons as during the recent times when one was depressed thinking about the terrible Covid situation in India, these cartoons made one laugh at the irony of things. Yup I have developed a dark sense of humor, as a new normal too these days.
Manjul’s Cartoon on Government organised election rallies responsible for this Covid super spread!!
Cartoonist Manjul's cartoon tweet https://twitter.com/MANJULtoons/status/1382027854863470595?s=20
*This tweet of Manjul just conveys that the Government held huge election rallies without following Covid-19 protocols in April while harping on the Nation to adhere to Covid protocol norms. The April season had Covid-19 cases increase in the country, leading to a horrible second wave infecting and killing thousands of people.*
Twitter has not taken action against Manjul but intimidated him about the situation
Twitter had not banned Manjul’s account because it said that it believed in “respecting the voice of its users''. Twitter instead communicated to Manjul that they are pressured by the Government to take legal action against his account and told Manjul that he may take whatever recourse he deems fit in the circumstances.
The resources suggested by Twitter include that Manjul can - take legal action challenging the Government’s request in court, take the help of civil society organisations and work out a solution or delete the contents of the tweets.
*Twitter's email communication with Cartoonist Manjul -* *taken from twitter* https://twitter.com/MANJULtoons/status/1400748494386651138?s=20
The Government says that Manjul’s tweets violate the laws of India, but they have not mentioned which particular tweet of Manjul did actually do that or hurt the sentiments of the esteemed Govt. authorities.
***Manjul’s cartoon on India’s healthcare system having failed to have managed the Covid situation***
Right, now let’s look at another of Manjul’s cartoon tweet
Cartoonist Manjul's cartoon tweet https://twitter.com/MANJULtoons/status/1397568216654811137?s=20
There were a lot of deaths due to Covid because the country's health infrastructure was not equipped to handle the influx of Covid patients. There was a lack of essential things - oxygen, medicines, beds, ventilators etc. So there were literally a lot of dead bodies about.
During this time, there came about an unnecessary issue with a popular businessman, who has successfully marketed himself as a saint yoga guru selling ayurvedic products under the Patanjali brand. Ramdev had severely criticised allopathy, as he said the medical treatment given failed to save Covid infected.
Image Source https://thewire.in/the-sciences/patanjali-baba-ramdev-covid-19-cure
*Patanjali's sales men Ramdev who has marketed himself as a yoga, saint man of India*
His intention was to promote his Pantanjali products, particularly Coronil, claiming that it is based on Ayurveda and can cure Covid-19 when there was no evidence presented like results from a trial study to prove his claim.
This incident upset India’s medical fraternity, as doctors during this time worked very hard to treat the Covid infected at great pains. Eventually, India’s Union Health Minister, Harsh Vardhan was compelled to condemn Ramdev’s statements with the Indian Medical Association demanding the minister to condemn Ramdev’s statements and have him apologise for his appalling statements against allopathy. https://thewire.in/law/ima-demands-action-against-ramdev-for-unlearned-remarks-about-allopathy
Earlier, India’s Health Minister had attended the launch function of this Coronil, which was marketed saying that the medicine was approved by the World Health Organisation(WHO). WHO had clarified via a tweet that they have not approved any ayurvedic medicine for curing Covid. https://timesofindia.indiatimes.com/india/ima-slams-harsh-vardhan-for-coronil-backing/articleshow/81163292.cms
Image Source https://indianexpress.com/article/india/dr-harsh-vardhan-should-say-he-is-not-endorsing-patanjalis-coronil-indian-medical-association-7202480/
*Union Health Minister present at the launch of this obscure ayurvedic drug Coronil*
Also the Ministry of AYUSH, which is the ministry of Ayurveda, Yoga, Naturopathy, Unani, Siddha, Sowa-Rigpa and Homoeopathy told Patanjali to stop marketing Coronil until the ministry evaluates Coronil to verify if it is an effective cure against Covid. https://timesofindia.indiatimes.com/india/ima-slams-harsh-vardhan-for-coronil-backing/articleshow/81163292.cms
Anyway, the point is that instead of spending time, and resources on enhancing medical infrastructure, Government authorities like India’s Health Minister have encouraged rubbish things, because Coronil definitely is no proven cure for Covid, Ramdev should not have been supported by the Government ministers this way!!
Twitter had to take down many tweets due to Government orders
52 tweets at least were deleted from twitter on Government orders in the month of April, because those tweets critiqued Government on its handling of the Covid situation which had escalated too far, with a Covid crisis that was damn severe with hundreds of dead bodies floating on the sacred Ganga river and thousands of bodies a flame with funeral pyres about, there was shortage of wood to burn the bodies!!. https://scroll.in/latest/996730/centre-sends-legal-notice-to-twitter-for-action-against-cartoonist-manjuls-profile
Of course, the Centre claimed that those tweets had to be deleted because they were spreading fake news, ha, ha… The experts of spreading fake news are mostly the Govt. through their loyal trolls, great PR muscle they have...anyway.
**Special cartoon by Manjul on the 7th year of the PM Narendra Modi!!**
Cartoon tweet of cartoonist Manjul https://twitter.com/MANJULtoons/status/1400108268869939203?s=20
And finally Manjul’s special cartoon that was sponsored by his readers. Although for this cartoon he requested people to give their sponsor money to those who are helping Covid patients.
Seven years of Modi in power and this year Covid overshadows Prime Minister Modiji. Under his leadership the Government had failed to develop India’s health care infrastructure to tackle a very imminent health crisis.
He had failed his people by not giving them funds during lockdown as people get poorer with job losses taking place. This year the lockdown was announced way too late, after the Covid-19 situation got out of control and lakhs of lives were lost and these deaths are under reported too!!
And hell, Oxygen plants were not set up in the break period from September to March when Covid infections were not much . There has been no basic preparation to tackle the attack of the second wave of Covid, that was bound to happen sometime,
Cartoonists can sing “I will survive”, as Manjul gets support of other cartoonists
Cartoonist Manjul's cartoon tweet https://twitter.com/MANJULtoons/status/1401859846643732483?s=20
*The second way of Covid-19 peak has passed and cases are declining so Indians can breathe a sign of relief. Of course PM, Narendra Modi vanished from the scene all this time, will appear back on screen to take the credit for the decline of Covid-19.*
Anyway… it’s good news I suppose that I survived this Covid pandemic without getting hit, so may be I should sing “I have survived”, in the tune of this song “I will survive” by Gloria Gaynor …
https://youtu.be/5NwJqaoYr9s
Also, cartoonists like Manjul seem to be singing “I will survive”, because after this incident where Manjul made public that the Government told twitter to take legal action against his account, there was an out pour of satirical support for Manjul. Indian cartoonists drew cartoons ridiculing the Government in their attempt to attack Manjul’s twitter account .
**Take this cartoon by Satish Acharya for instance that shows that the Government is scared of twitter cartoons.**
Cartoon tweet of Cartoonist Satish Acharya https://twitter.com/satishacharya/status/1401452211352207363?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1401452211352207363%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fscroll.in%2Farticle%2F997047%2Fas-cartoonist-manjul-gets-law-enforcement-notice-from-twitter-an-outpouring-of-satirical-support
**PenPencilDraw draws this cartoon in solidarity with Manjul against muzzling of cartoonists.**
Tweeter cartoon of cartoonist PenPencilDraw https://twitter.com/penpencildraw/status/1401093915458035712?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1401093915458035712%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fscroll.in%2Farticle%2F997047%2Fas-cartoonist-manjul-gets-law-enforcement-notice-from-twitter-an-outpouring-of-satirical-support
***Nala Ponnappa's cartoon shows that our Prime Minister is ashamed of his own imagine in the cartoon gallery and is intent to hide it. Haa...haa...***
Cartoon Tweet of Cartoonist Nala Ponnappa https://twitter.com/PonnappaCartoon/status/1401499716802682885?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1401499716802682885%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fscroll.in%2Farticle%2F997047%2Fas-cartoonist-manjul-gets-law-enforcement-notice-from-twitter-an-outpouring-of-satirical-support
Manjul, backed up all his support by sharing his cartoon tweet that shows India's PM Narendra Modi being busy taking action against people who did tweets and face book posts on him rather than on handling the Carona pandemic, hee...hee...how true.
Cartoon tweet by Cartoonist Manjul https://twitter.com/MANJULtoons/status/1401123477751439372?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1401123477751439372%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fscroll.in%2Farticle%2F997047%2Fas-cartoonist-manjul-gets-law-enforcement-notice-from-twitter-an-outpouring-of-satirical-support
Independent journalism in India is under threat and is getting crippled by Government measures
India’s Press Freedom Index is “bad” as the country ranks 142 out of 182 countries, as this authoritarian Government is intolerant, they just can’t stand anyway expressing a view that is critical of the Government. This of course shows that the health of democracy is very bad in India now. https://scroll.in/latest/992793/india-retains-142nd-rank-on-world-press-freedom-index-among-most-dangerous-countries-for-journalist
And ya!! Watch this classic clip that will explain why PM Narendra Modi is against independent journalism.
https://youtu.be/uqIuYi_SiSg
***Thank you for reading my post. Please upvote it if you liked it.***
For the first time in the world somewhere Bitcoin gets recognized as a legal tender
The Grandest Bitcoin Buzz this week of El Salvador trying to adopt BTC as legal tender
All that news I covered in my previous post here>> https://www.publish0x.com/buzzing-news-and-stories-of-interest/big-bang-bitcoin-news-of-el-salvador-set-on-to-adopt-bitcoin-xwwgyqd
Two days back, there was this big bang Bitcoin news that El Salvador may become the first country in the world to have adopted Bitcoin(BTC) as legal tender. All that was needed for this to become reality was the bill that proposed this concept be approved by the Legislature of El Salvador to become law. https://www.publish0x.com/buzzing-news-and-stories-of-interest/big-bang-bitcoin-news-of-el-salvador-set-on-to-adopt-bitcoin-xwwgyqd
El Salvador’s President Nayib Bukele had put efforts to draft this Bill taking the help of entrepreneur Jack Mallers, who is the founder of Bitcoin payments company Strike. All this story of president Nayib Bukele expressing his intentions of having El Salvador adopt the Bitcoin Standard is covered in my previous article which you can read here -: https://twitter.com/nayibbukele/status/1401327906178191366?s=20
https://www.publish0x.com/buzzing-news-and-stories-of-interest/big-bang-bitcoin-news-of-el-salvador-set-on-to-adopt-bitcoin-xwwgyqd
The final outcome on the passed Bill to make Bitcoin legal tender in El Salvador is...
So, this Bill was passed into El Salvador’s Legislature to have it approved, and guess what the outcome is?. The Bill was approved by a supermajority with 62 out of 84 members voting for the Bill. Therefore, now it's a sure shot that the Bill will become a law which would officially have EL Salvador accept Bitcoin as legal tender in the country. https://www.coindesk.com/its-official-el-salvadors-legislature-votes-to-adopt-bitcoin-as-legal-tender
Yes, yes all these crypto enthusiasts are elated, bragging that this is a historical movement for Bitcoin...let’s not get into that here.
Now that BTC is legal tender in El Salvador, every merchant there is bound to accept Bitcoin payments and cannot refuse receiving payment in BTC for the service or product they sell.
However, merchants will be easily able to convert their received BTC into US dollars instantly so they don’t need to be anxious about the volatility of BTC.
A trust holding 150$ million dollars is going to be established at the Development Bank of El Salvador. These funds will be used to convert BTC instantly into dollars, for merchants who want to exchange their BTC they received in payments for dollars immediately.
President Bukele has expressed in a Twitter Space conversation that people will not be necessarily required to use the Government wallet for all the BTC dealings they would be engaged in, which is positive news too. https://www.coindesk.com/its-official-el-salvadors-legislature-votes-to-adopt-bitcoin-as-legal-tender
*Good that people can do BTC dealings from their own wallet with BTC in their custody*
**Definitely this ushers in a brand new Bitcoin Era in El Salvador**
*El Salvador's president is busy retweeting news on Bitcoin becoming legal tender there* https://twitter.com/CNBC/status/1402836676150505473?s=20
President Bukele’s twitter is ripe with Bitcoin flavour, that is showing El Salvador’s Bitcoin drive phenomenon taking place.
Furthermore, the president has grand plans for El Salvador’s economic development due to this ushering of a new Bitcoin Era in the Latin American country.
Under him, the Government would welcome businesses that are into Bitcoin arranging for them permanent residence at El Salvador. This offer has already got Justin Sun, the CEO of Tron interested and has elicited a positive response in twitter from Binance’s Changpeng Zhao who we allude to as CZ.
All this sounds really good for Bitcoin and is something different because we generally don’t have high pedestrian Government officials like a president of a country wanting to embrace Bitcoin so wholeheartedly, maybe things are changing.
Final thoughts about the practicality of having BTC as legal tender
However, this whole thing sounds a bit grand too, for it’s not at all necessary to accept Bitcoin as legal tender. Truth be told, Bitcoin is not good as a currency because it’s just not practical to accept payments in BTC.
Bitcoin is an ancient Proof of Work Blockchain network that is slow because it cannot process a lot of transactions as its throughput is low with the network able to process just 7 transactions per second.
Still, I would love to receive payments in BTC, at least part of it because Bitcoin is the best performing asset class of the decade and it’s digital gold. So, in a way this is exciting news, especially for those of us who believe in BTC being a better way to hold wealth than keep wealth all in cash, as fiat currency loses value due to inflation over time and is controlled by central banks and Governments.
*Thank you for reading my post, don’t forget to upvote my post if you liked it.*
Big bang Bitcoin news of El Salvador set on to adopt Bitcoin as a legal tender
Image Source https://cointelegraph.com/news/bitcoin-users-will-get-help-relocating-and-working-in-el-salvador-president
President Bukele is all for establishing a Bitcoin Standard for El Salvador
*Screen shot from* *twitter**, this is President Bukele* https://twitter.com/nayibbukele/status/1401327906178191366?s=20
Yesterday I was elated to read this big bang Bitcoin news that El Salvador’s president, Nayib Bukele, is taking steps to make Bitcoin legal tender in the country!! His video message was broadcast to the world at the Bitcoin 2021 conference in Miami by Jack Mallers, who founded Bitcoin payments company Strike at his presentation. You can watch that presentation here. https://cryptobriefing.com/el-salvador-plans-to-make-bitcoin-legal-tender/ https://twitter.com/nayibbukele/status/1401327906178191366?s=20
Wow!! … Have you heard it from President Nayib Bukele himself that he is going to submit a Bill to the Congress, proposing to make Bitcoin a legal tender in El Salvador. Bravo man, bravo!! That is big and the reasons for the president’s decision in doing this is also something incredible. https://cryptobriefing.com/el-salvador-plans-to-make-bitcoin-legal-tender/
Reasons why Bitcoin could help El Solvador to progress
Jack Mallers, the guy who helped in drafting this Bitcoin bill explained in his presentation how Bitcoin will help El Salvador - its economy, it’s inhabitants etc. https://twitter.com/nayibbukele/status/1401327906178191366?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1401327906178191366%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fpublish.twitter.com%2F%3Fquery%3Dhttps3A2F2Ftwitter.com2Fnayibbukele2Fstatus2F1401327906178191366widget%3DTweet
70% of EL Salvador’s population are unbanked, working in the informal sector and don’t have something very basic like bank accounts. In such a situation, Bitcoin would help because we all know that we don’t need banks to hold Bitcoin, a cryptocurrency wallet would do.
*Screen shot of Jack Mallers's presentation at Bitcoin Conference 2021 in Maimi* https://twitter.com/nayibbukele/status/1401327906178191366?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1401327906178191366%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fpublish.twitter.com%2F%3Fquery%3Dhttps3A2F2Ftwitter.com2Fnayibbukele2Fstatus2F1401327906178191366widget%3DTweet
A statement was made saying that president Bukele was in favour of Bitcoin, as it was a digital currency having a fixed supply cap which cannot be manipulated by any bank or authority, which is spot on!!
Screen shot of Jack Mallers's presentation at Bitcoin Conference 2021 in Maimi https://twitter.com/nayibbukele/status/1401327906178191366?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1401327906178191366%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fpublish.twitter.com%2F%3Fquery%3Dhttps3A2F2Ftwitter.com2Fnayibbukele2Fstatus2F1401327906178191366widget%3DTweet
**The belief here is that Bitcoin would help in establishing financial inclusivity, giving people freedom and jobs.**
Bitcoin’s vision was financial empowerment of people too
SalomonCartoon's cartoon https://twitter.com/SalomonCartoon)
Remember, the vision of Bitcoin, it was made for financial empowerment as well, with people owning and being in control of their own money, not needing to rely on any intermediary to custody their money and value can be transferred anywhere across the world without an intermediary, that is how Bitcoin is supposed to give freedom to people. All those ideals echo back in my mind when I look into why president Nayib is trying to make Bitcoin a legal tender.
Crypto cheers for El SAlvador with Blockchain charm set to ignite prosperity
So, applause and cheers for this news, because EL Salvador may now be poised to become the first country in the world to have adopted Bitcoin as a legal tender if that Bill is approved in the country’s Parliament.
Already, Blockchain forces are at work in El Salvador with Jack Mallers’s company Stike building an innovation hub there!!
So, El Salvador’s youth would get to work on Blockchain technology to create products and solutions that the world needs now. Surely, this will tab talent, skill people, and give El Salvodor’s people jobs. Lovely is it not?
Blockchain businesses have great incentives to base themselves in the El SAlvador
This is grand news by itself, however there is more. Once Bitcoin becomes legal tender, there will be no capital gains tax on BTC in El SAlvador. Pretty cool!!
Blockchain entrepreneurs are most welcome in El Salvador to establish their businesses, they would be supported by the El Salvador’s Government under president Nayib by being given permanent residence there!!
President Bukele's tweet https://twitter.com/nayibbukele/status/1401622548396314631?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1401664971352719363%7Ctwgr%5E%7Ctwcon%5Es3_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fbitcoin-users-will-get-help-relocating-and-working-in-el-salvador-president
Wow, I have to blow a whistle for this master stroke on El Salvador to invite blockchain businesses on their shores, sounds too good to be true.
You can read about this news here - https://cointelegraph.com/news/bitcoin-users-will-get-help-relocating-and-working-in-el-salvador-president
Not smart for any Government to hold an hostile stance towards crypto
I am ending this by saying that the Government of India(GOI) and its central bank authorities should look into El Salvodor’s Bitcoin Plan and change their ridiculous hostile stance towards crypto, else Blockchain businesses have better places to establish themselves on.
Anyway, thank you for reading my article and give them your love with your valuable upvotes.
Checking out DEX alternatives to CEX with Orion Protocol
*https://www.orionprotocol.io/*
A platform to trade/swap cryptos with liquidity of all major Crypto Exchanges and Dexs
*https://www.orionprotocol.io/*
Although it’s not perfect, one can find alternatives to trading cryptos in Centralised Exchanges (CEX), one such solution could be Orion protocol. Orion protocol has partnered with major CEXs and Blockchain Platforms that have Decentralised Exchanges (DEXs) aggregating their liquidity.
So, this liquidity aggregator has the accumulated liquidity of all platforms it’s partnered with - Binance, Binance Smart Chain, Kucoin, BitMax, Huobi EcoChain etc, which enables traders to swap and trade cryptos in one platform that offers good liquidity and volumes.
*https://www.orionprotocol.io/*
Orion Protocol can be accessed even through Binance Chain version of Metamask
There is no KYC needed to use the Orion protocol and one can connect their Metamask wallet that is compatible with both Ethereum and Binance Smart Chian Blockchains to interact with Orion protocol. Yes, you can even use the Binance Smart Chain version of Metamask and interact with Orion protocol, so no need to fret about the Ethereum fees.
Dex that can execute trade orders matching best prices and lowest fees
https://www.orionprotocol.io/
The cryptos that are traded are in your custody without you requiring to give up the ownership of your private keys so Orion protocol is a DEX. The swaps and trades that happen get executed with the best price and lowest fees, with Orion scanning through the aggregated order books of various CEX and DEX platforms and matching it with the best price and lowest fees on offer.
Limitations of CEX making crypto investors search for DEX alternatives
*https://www.binance.com/en*
This is what crypto investors like me are searching for because in CEX, trading cryptos during peak congestion times which are generally periods when people are rushing to book profits, the CEX could crash due to outrage, there is always that possibility. Plus, many times I feel uneasy to have left my cryptos in CEX even like Binance, because it’s under the control of the CEX.
My trouble with Binance Exchange with my Atom cryptos stuck there is frustrating
These Atom cryptos I withdrew from Bittrex to Binance is stuck because of missing memo
Recently, my ATOM coins are stuck in Binance Exchange because I could not type the memo details that the Binance platform wallet requires for accepting deposits of Atom coins.
What happened was when I transferred the ATOM coins from my Bitrex Cosmos wallet, it did not have a memo field for me to type in the memo details of my Binance platform’s Atom wallet. So my Atom deposits are not getting reflected in my Binance wallet and it’s stuck there.
I am currently having a hard time to retrieve my Atom cryptos contacting Binance customer care because they are asking me to do a cumbersome procedure of making a 30 MB video of my login to Bitrex Exchange and then showing the record of Atom cryptos withdrawn from the platform.
*Form to fill up in Binance Exchange to recover your Atom cryptos that are stuck due to missing Memo*
I am finding it impossible to make such a short length video as they wanted and am pleading with them to do something and retrieve my Atom coins.
This is really another reason why I am looking for DEX alternatives to trade cryptos.
Trading only possible in cryptos that are compatible with Ethereum and Binance Smart Chain
Right now, Orion has integrated only two blockchains - Ethereum and Binance Smart Chain so I can’t trade native cryptos of other Blockchains I hold like Cosmos(Atom) and Theta there. Someday, I am hoping that trading cryptos of all Blockchains can easily be possible in a DEX, maybe like Orion Protocol or Thorchain.
Cosmos Blockchain is not considered for integration with Orion Protocol yet
Orion unfortunately has not detailed any plans to integrate Cosmos Blockchain, but it has plans to integrate other Blockchain platforms like Cardano, Polkadot.
This means that if I want to trade Atom crypto or tokens of projects that are built inside the Cosmos Blockchain, I can’t use Orion for sure as no Cosmos compatible wallet is planned for integration there yet.
*Orion has plans to integrate with more blockchains* - https://www.orionprotocol.io/
Still Orion Protocol is a DEX platform that has potential for further growth
Even so Orion Protocol looks promising to me and decentralised pre-mainnet staking and AMM pools are coming into the Orion protocol terminal of which I will talk about in my next article.
***Checkout Orion Protocol here -*** ***https://www.orionprotocol.io/***
*Disclaimer - I am not a crypto or blockchain expert but a novice investor, in the field and learning on the go. Do your due diligence before taking your investment decisions.*
Women hood is more complex than what’s on the surface for sure
Women’s day just went by a few days ago, and I talked about my experience getting hairless as a woman. Today, going delve into real but more complex things that generally are avoided of being spoken about, however, this is a part of every woman’s life and celebrating womanhood without covering this aspect of matter is not cool. Every woman bleeds and I don’t mean with tears. https://www.publish0x.com/buzzing-news-and-stories-of-interest/women-s-day-reflection-from-a-once-bald-and-hairless-lady-me-xermvew
Every female human species bleed and I don’t mean with tears
When a girl’s reproductive organs mature, she enters womanhood and menstruates every month till she enters the time of menopause, where she ceases to have periods.
This menstruation phase is a dashed long period as well, starts anytime when a girl enters age (10 - 15 years) and stays till the lady well passes middle age (40 - 50 years).
Menstruation times are not all easy although women don’t show it
Men may not know as they can’t relate with this, but this is a dashed irritating period where women go through pain and it’s uncomfortable needing to ensure that the bleeding does not leak over and stain the garment backside where one can’t see. This involves changing of period products quite frequently.
Women get tired, fatigued and often are hesitant to do major physical activities that are fun and adventurous - running, trekking etc . Lower abdomen and back pains are common, yet women get used to this, for they know it’s going to be a major part of their lives.
Women eventually adapt themselves and learn to engage in their normal activities as best as they can, during their menstruation days.
Being a woman is not easy!!
Also, it’s generally hard being a woman, keeping those estrogen and other hormones in balance, as they are susceptible to a lot of problems otherwise with irregular periods that are painful, uncomfortable.
That’s why many menstruating women are anemic, because they bleed heavy. This is why sometimes, I feel women have it tougher than men, so obviously they got to be stronger than them, and I heard that all what a woman undergoes grooms her to be emotionally stronger than men.
Physically, I don’t want to debate this but she bleeds red every month, gives birth, that kind of strength is certainly women’s strength, not to be dismissed lightly.
Periods is a essential burden for a women, as it defines motherhood
Ultimately, this period process is mostly essential for women, for it defines motherhood, although I wish this period/menstruation stuff can end way earlier , rather than 45 - 50’s, hell I wish it can end by late 30’s itself or atleast early 40’s, but anyway.
Discussion on Menstruation with mixed genders is required
In conservative societies, talking about periods is taboo of course, yet discussing this is very important and I can mention some reasons.
****Period Leave -:****
I read about this term, few years back in papers. It’s a fact that women’s bodies need to rest during peak menstruation times, which is mostly on the 2nd day - 3rd day. And a period leave for women every month would grant her 2 days leave due to period issues. However, in India, it’s hard for women to talk about this to male bosses, and many don’t understand it or empathise with women on this issue.
So, it’s always better to discuss this in a group with mixed genders, so all can understand that menstruation is not an easy time for the ladies. Let them take rest, or work from home that time, after all she still has lots of tiring house chores to do.
**Women friendly environment required -:**
Again in my country, in small offices, toilets are not equipped to cater to menstruating women. A dustbin is a must, for toilet paper use is not common here, and most of the ladies use sanitary pads which needs to be thrown away.
Even this basic stuff is lacking in most places and women are shy to ask for this too. Arrangements for proper disposal of those sanitary napkins are required too. However, there are ways to avoid using these period products that contribute to “reject waste” that ends up in landfills which I will talk about in another article as this relates to sustainable menstruation.
Sustainable Menstruation is a term used where earth friendly products are used to manage menstruation, an alternative to disposables like sanitary napkins and tampons. Won’t discuss this here, but in an article will discuss it.
****For a woman’s ultimate wellbeing -****
Awareness on how to stay balanced and keep those hormones in balance is required. Daily exercise, healthy eating habits and knowing ways to manage stress can ease a woman during her period time, for regular and pain free periods. A strong woman can manage being adventurous during period times too, but for that she takes care of her health.
So, in general I feel if we want women to be happy, we must be open to talk about menstruation because it’s an intrinsic part of their lives.
Why life is hard for a women as compared to their male counterparts at least in conservative societies
There are many worries for a woman that only women can relate to and it’s harder for women in conservative countries or half conservative countries like mine ,India. They feel vulnerable. All though they go through strain of menstruation, they are considered weaker sex, to be gaurded from sexual exploitation. Many women live in fear, anxiety, and it’s horrible to read news of rapes and they happen so often in my country that many consider letting women live alone and be single very risky and some places even inappropriate.
I can imagine fears of every women - unwanted pregnancy, and there is still that taboo of premarital sex, so it’s uncomfortable and embarassing for them to go to the gynec, if they are unmarried and have issues(and women’s constitution is complicated and sensitive, they get gynec problems when their bodies are not in balance weather they had intercourse or not).
To hell with these things, suffice to say that women live way more guardedly than men, they enjoy the outside world way less than men because of fear of sexual harassment or because they are told that they are weak and cannot pursue activities that are adventurous or because she is home bound with responsibilities.
Women are strong people too, a gender can’t define the strength of a person - Period!!
I end this here, just thought of emphasising that being a woman is not easy, although I never consider them weak as each are strong to her ability. We have to build strength day by day and feel strong ourselves, we cannot be defined by stereotypes that restrict us to be living freely.
And to all the strong women, my bow to you. There are untold women who broke the glass ceilings from being the first woman to climb mount everest, to one who dared to divorce and live on her own terms rather than a compromised life, to women who proved their worth at work places and much much more.
The least we can do to tribute to those amazing women , is build our strength, our character and aspire to be a strong person whatever our gender.
A fair and free world for all genders - Women deserves to be happy and free
Lastly there is absolutely no doubt women can do anything she wants, even if it involves more struggle, that struggle would only make her stronger. They too should be free to live as they want, be adventurous, wild, crazy, although atleast in my country she will have to be careful, vigilant for crimes against women are quite a lot, but that does not mean we women are going to be caged, never as we refuse to accept a world anymore that is not fair and gentlemanly to us.
HA!!
Cardano Blockchain shaping up for live projects to be built in it soon!!
Era of scalable blockchains has begun
2021, are exciting times where alternate blockchains to Ethereum seems to be truly emerging. Blockchains such as Cosmos, Binance Chain already have some live projects inside them, which is one of the reasons the price of cryptos representing these blockchains have increased of late, with their value finally recognized by price appreciation. There are other promising blockchains coming up too, which are almost ready for Dapp development, they promise to have superior features that third generations Blockchains of today need to have - scalability, interoperability and Governance features.
Cardano joining the party of new and promising blockchains of today
Polkadot is one such blockchain, where already many Dapp projects are set to get launched very soon and Cardano is another, which is getting ready end of this month with Mary hardfork taking Cardano Blockchain to the Goguen Phase that gives Cardano Blockchain Smart Contract abilities so that its ready as a Blockchain Platform for developers to deploy their Dapps on.
Cardano is transitioning from Shelley phase which established the core of it’s POS chain capabilities
Till now, Cardano was in the Shelley phase, where Cardano’s staking and validation function was established. Since validator participation has been great, a state of decentralisation has already been established, as control of the network is given to validators, who in turn are supported by ADA hodlers who stake to validator pools and earn staking rewards for it.
Goguen Phase equips Cardano Blockchain with smart contract capabilities
Now, in the Goguen Phase, Dapps can be built on Cardano with the Blockchain having multi-asset support. This will give the ability for projects inside Cardano to create their own fungible and nonfungible tokens(NFTs), just like in Ethereum where projects can create their own tokens which are ERC-20 fungible and ERC-721 nonfungible tokens.
Cardano’s native tokens are not smart-contract based tokens, they are forged on chain
However, the native tokens in Cardano differ from the tokens of Ethereum, with the native tokens being created in the Cardano Blockchain instead of them being created in smart contracts. Native tokens in Cardano don’t require smart contracts to function as their token logic is supported in the Cardano Ledger itself. Therefore, there will be no execution fees charged for transactions that are between native tokens of Cardano network. https://forum.cardano.org/t/what-will-decentralized-finance-look-like-on-cardano/45531
DEFI is affordable on the Cardano Blockchain
This means that the Cardano Blockchain will be a more affordable Blockchain for DEFI users compared to Ethereum Blockchain. Ethereum Blockchain tokens need to be deployed on smart contracts to run. For every interaction with a smart contract, gas fees are charged, and we are aware of how costly this has made swapping of ERC-20 tokens in apps like Uniswap. Since Cardano’s Native Tokens are not on smart contracts, swapping between these tokens incur no execution fee.
Cardano Platform is secure with Native tokens not deployed on Smart contracts
Besides this, the Cardano Blockchain is secure, because Cardano’s Native tokens are not on smart contracts. Smart-contract based tokens have complex code written on them and hackers have exploited the vulnerabilities prevalent in the code and stolen funds from many DEFI platforms of the Ethereum network. https://cointelegraph.com/news/cardano-approaches-a-new-major-upgrade-as-ada-posts-an-inspired-rally
Human - error and bugs in these smart contract codes are a real risk, as they can be exploited and funds stolen. Since Cardano’s native tokens don’t need to be deployed on smart contracts, they don’t give room for smart-contract exploitation, making Carnado a secure Blockchain for building DEFI apps.
Defi projects on Cardano can bring more investors into the DEFI fold
Many retail investors are not able to join the DEFI ecosystem, as DEFI projects built on Ethereum are costly affairs, with gas fees going up during peak transaction times. WHile institutional investors are not entering the space, worried about smart contract risks, with the possibility of their money being stolen if the smart contract code is successfully exploited by hackers.
Cardano seems to be a platform where affordable DEFI projects can be built with robust security. If such will be the case, then the platform could bring more retail and institutional players into the DEFI realm.
Unjust arrest of a Lady youth in India for expressing her support to India’s protesting farmers
Unjust arrest of youth in connection with the ongoing farmers protest in India
Of late in India there have been farmer protests against Central GOvernment’s three controversial farm laws, that aimed to have COrporates get control of the agricultural sector. Farmers then resorted to protest out in the cold at the borders of India’s National Capital,Delhi, fearing that they would be forced to sell their produce at throw away prices to Corporate Entities. What has prompted me now to feel outraged is the arrest of a 21 year old young lady just out of college for sharing a toolkit to help the international community support the peaceful farmer’s movement if they want to. https://thewire.in/agriculture/indias-farmers-protests-guide-issues-at-stake-reforms-laws-msp
Farmer protests on 3 Black farm laws that were passed unconstitutionally
The farmers’ protests have actually been mostly just and peaceful with the farmers protesting against those farms laws, which were passed in September last year forcibly during the Covid-19 pandemic, without consulting the country’s farmers who are the main stakeholders. Those ‘black farm laws’ were literally pushed through the Legislative houses, without even getting the required support of the members of Parliament. So, these laws were clearly passed undemocratically and are unconstitutional in nature.
Farmers’ protest draw the attention of the international community
Image Source
https://thewire.in/agriculture/indias-farmers-protests-guide-issues-at-stake-reforms-laws-msp
Government did not expect lakhs of farmers to protest against these passed laws thinking that they can prevent their protests citing Covid-19. However, the farmers did not give up and give in to the Government’s game, even though they had to bear lots of inconvenience camping out for days since 3 months(from November 2020) and protesting. They are clear they want these Black farm laws scrapped or repealed. Some farmers have died in the cold too protesting. https://www.deccanherald.com/assembly-election-2019/at-least-22-farmers-died-during-protest-against-farm-laws-sanyukt-kisan-morcha-927631.html
This peaceful protest has attracted international attention and that is where the trouble began leading to the arrest of Disha Ravi, who was not in any way involved directly in this farmers’ protest.
Gretha Thunberg tweet brought the toolkit to the attention of the Indian Government
Tweet of Gretha Thunberg https://twitter.com/GretaThunberg/status/1357054451769606147?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1357054451769606147%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fthewire.in%2Fgovernment%2Fdelhi-police-register-conspiracy-fir-climate-activist-greta-thunberg-farmers-protest
What happened was this farmers’ protest was noticed by [Pop singer Rihanna](https://thewire.in/rights/rihanna-greta-thunberg-farmers-protest-troll-attack), who tweeted about it, asking why no one was talking about the farmers’ protest in India. Then this tweet was noticed by well known climate change activist Greta Thunberg, who then tweeted that she stands in solidarity with the peacefully protesting farmers. She then shared a link to a toolkit, telling others can support the farmers doing peaceful campaigns guided by the methodologies highlighted in the shared toolkit.
India Government declares that they would take stringent action on the creators of the toolkit
Post this, the Government decided to take action against [the creators of the toolkit](https://thewire.in/rights/farmers-protest-greta-thunberg-toolkit-twitter-storm), which they claim is a war against the Government of India, set to destroy the Government religiously, economically and socially. Yup, such nonsense.
Anyway… Then, the Government’s investigation led to Disha Ravi, a youth who is active lobbying peacefully on the cause of climate change, being one of the founders of India’s wing of ‘Fridays For Future’.
Image Source https://scroll.in/article/986861/who-is-disha-ravi-the-climate-activist-arrested-by-delhi-police
‘Fridays For Future’, is a movement inspired by Greta Thunberg, where school and college youth get together and do campaigns urging the Government to implement measures to combat the reality of climate change. Disha is also an animal lover evident from the picture shared on media here, she’s also a vegan, opposed to a lifestyle that does cruelty to animals!!
Image Source https://www.change.org/p/prime-minister-of-india-immediately-release-disha-ravi-stop-targeting-india-s-youth-and-environmental-activists?utm_content=cl_sharecopy_27360651_en-GB%3A8&recruiter=12206690&utm_source=share_petition&utm_medium=copylink&utm_campaign=share_petition
Government brands Disha as a conspirator against the Government of India!!
Image Source https://scroll.in/article/986861/who-is-disha-ravi-the-climate-activist-arrested-by-delhi-police
The Central Government has levied heavy charges on her, stating that she’s a part of a criminal conspiracy and accused her of conducting seditious activities, forming a wats up group to coordinate her work on her campaign armed with that toolkit. Her crime was editing the toolkit, and posting it on social media, guiding people on participating peacefully in campaigns supporting the cause of the protesting farmers.
The toolkit talked about peaceful methods of supporting farmers through digital strike with hashtags and tweeter storms. It also mentioned that people can protest outside Indian embassy offices and office of COrporates of Adani and Ambani, who have vested interests to gain entry into the agricultural sector which those farm laws allow for.
The Government has asked twitter and social media giants to give email id’s and urls of the people who shared and created that tool kit.
For the Indian Government anybody who critiques them is a enemy
In no angle, can anyone be arrested for sharing such a toolkit and the Government’s act is an exaggeration. Disha was arrested because she supports the protesting farmers, however indirectly it may be and the Indian Government looks upon anyone not supporting their policies and speaking against them as an enemy of the Government, country and whatever…
5 days of jail in an unknown City for a young women for no legitimate reason
What’s more Disha Ravi has not even authored the toolkit but only edited a few portions of it. She was arrested from Bangalore, by another City’s police, the Delhi police who came flying by plane to arrest her. She was flown from her City to the Capital and taken to court where the poor girl was not represented by any lawyer. Now, she’s been commanded to be jailed for 5 days.
I am absolutely appalled by this. I am helplessly occupied minding my business, doing crypto, but yesterday I made time to sign this petition which urges the Government to release Disha Ravi immediately. Her family was not informed of the reasons for her arrest, plus they are not told where they intend to take Disha. Taking Disha off from Bangalore to Delhi, is not correct, she being a young lady, this will worry her family too, after all no one trusts that police custody is safe in the country.
Tweet Meena Harris https://thewire.in/world/meena-harris-support-farmers-protest-militant-nationalism
***Niece of Kamala Harris, Meera Harris has talked about the arrest of 23 year old Nodeep Kaur, from a farmer’s protest site and being sexually harassed in police custody, this kind of news worries even me for other ladies taken to police custody.***
Petition demanding release of Disha Ravi back to her home immediately!!
Sign Petition asking for release of Disha Ravi!! https://www.change.org/p/prime-minister-of-india-immediately-release-disha-ravi-stop-targeting-india-s-youth-and-environmental-activists?utm_content=cl_sharecopy_27360651_en-GB%3A8&recruiter=12206690&utm_source=share_petition&utm_medium=copylink&utm_campaign=share_petition
I urge everyone to sign this petition demanding the release of Disha Ravi, she’s just 21 afterall and India’s prominent climate activist, she does not deserve this treatment!!
Thankful to Greta and others speaking up against atrocities happening in India
Image Source https://thewire.in/rights/rihanna-greta-thunberg-farmers-protest-troll-attack
I thank Greta Thunberg, Rihanna on speaking about this farmers protest and atrocities of the Indian Government. I am glad they can’t be arrested by the Indian police too as they live far far away. https://thewire.in/rights/rihanna-greta-thunberg-farmers-protest-troll-attack)%20and%20%5BKamala%20Harris%E2%80%99s%20niece%20Meena%20Harris%5D(https://thewire.in/world/meena-harris-support-farmers-protest-militant-nationalism
@bulletgelly
