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Tag: crypto

The Blockchain has even more Points of Failure

The Blockchain has even more Points of Failure

Posted on December 7, 2021December 7, 2021 by Toma Velev

If you read only the headlines you may find some technologies pure magic but in my personal practical technological experience, The blockchain introduces even more points of failure. Hosting files The new way of storing data that is unchangeable and secure from manipulation is by delegating files to hash based storage system. You could run…

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Technological fetish - mobile & blockchain

Technological fetish – mobile & blockchain

Posted on December 6, 2021December 6, 2021 by Toma Velev

As a programming individual, I’ve seen several times technological fetish in areas like mobile & blockchain. Marketing draws the usage of a cool new technology – pink skies and unicorns and rainbows. Time and time again having a personal experience with whatever is the true knowledge and wisdom. The Mobile World More than 10 years…

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keys everywhere

Not your Key, not your Anything

Posted on November 29, 2021November 30, 2021 by Toma Velev

Several months ago I’ve created an NFT – just out of curiosity on OpenSea.io platform using a Private Key in my Browser – thanks to the Meta Mask Plugin. Very recently, I’ve dived deep into the Crypto Space with several crypto steps. The first one is the Web3 login. To ease the second (and maybe…

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False Economical Assumptions

Do you have False Economical Assumptions?

Posted on November 26, 2021November 29, 2021 by Toma Velev

Do you know how the Finances work, because, with the abundance of information sources – creating false economical assumptions is easy. Many of them are popular ideas in our society and culture – considered as truth. But, The reality is often different to the ideas we have. Credit/Debit The meaning of a credit is that…

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bitcoin purpose

The Main Altruistic Purpose of Bitcoin

Posted on November 25, 2021November 25, 2021 by Toma Velev

The Main Altruistic, Economical Purpose of Bitcoin are the characteristics that could describe it. You have the power to transfer and apply them to other areas of life. I’ve explained this in Bulgarian in my Personal Blog as – “The Independent Mind fires X, Y, Z Businesses”. Bitcoins is used for Crimes, but also is…

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Bitcoin Gold Rush

Are crypto currencies & bitcoin a Gold Rush?

Posted on November 25, 2021November 25, 2021 by Toma Velev

Different waves and types of Gold Rush has happened to the human society and one of the latest is the Bitcoin & Blockchain technology. It has all the characteristics. One of the requirements is – the new to be totally different and unknown – at least for the majority of the society. FOMO – Fear…

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Crypto money

Real/Digital/Crypto & Money/Coins/Tokens/CDBC

Posted on November 25, 2021November 25, 2021 by Toma Velev

In this article I’ll try to compare Real (Material), Official, Digital (Electronic), Cryptographic Money, Crypto Coins, Crypto Tokens and CDBC (Central bank digital currencies). The latest tendency is to have many, different and even official crypto representations of the official fiat currencies. This is how to mix, confuse and totally mesmerize the non-understanding and non-technical…

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NFT Development

NFT Development – in 3 Required Steps

Posted on November 24, 2021November 25, 2021 by Toma Velev

In this article I’ll try to lay out the 3 steps required to get your program source – coding hands into the NFT Development space. Web3 Login Before a user does anything with a blockchain, an app must authorize with his/her Crypto Wallet. I’ve explained it how it is implemented in Pseudo Code and I’ve…

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Web3 Login Example - Source Code Snippets

Web3 Login Example – Source Code Snippets

Posted on November 22, 2021November 22, 2021 by Toma Velev

To start any Web3 App – you need a Login with a/the Blockchain, so here I’ll put out an example – Source Code Snippets that do the trick. Front end – Web3 Login Steps Does the user has access to a Crypto Wallet? If the user is Browsing the Web in Incognito Mode or he/she…

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Bitcoin Blockchain coins price

Bitcoin & Blockchain are NOT the Price & the Coins

Posted on November 22, 2021November 23, 2021 by Toma Velev

According to my personal opinion the Bitcoin and Blockchain technologies are not about the price that the market sets on the coins – at whatever moment in time. It could go to million dollars or it could go to zero – it will not matter to the fundamental features build into them. Anyone that shares…

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