Thursday, November 7, 2019

Learn Blockchain - seriously don't skip this

don't misjudge the blockchain !

Blockchain would stay forever and I don't get more enthusiastic in Machine learning or VR & AR because the things keep changing over time. Blockchain is the start for emerging technologies and it;s the basics. When you say Blockchain, most people would think of Bitcoin and Ethereum only! Most people would go into dreamy state overthinking that they bought 1000 bitcoins for 10 cents and luxury cars.

If you look at coinmarketcap, there are 1000+ crypto currencies where each day , a new coin is created. I can also create a coin called "udemytechie"and you can also buy it from an exchange. But they all transact with Bitcoin and Ethereum. You are now a bank for you and your friends, you don;t need a third party. You are saving time from reaching the nearest bank and as well your payment is sent within minutes to the concerned party for the exchange of goods or service. How easy is that?

But there are other things also that you do with Blockchain

1. Voting ( blockchain voting )

2.  Storing Medical history

it's a big ledger account that can store transactions in hash

you need only three things

1, learn about bitcoin , learn to send and receive bitcoins - Blockchain and Bitcoin Fundamentals

2. Learn about Ethereum , learn to create smart contracts, use the solidity language -  Ethereum and Solidity: The Complete Developer's Guide

3. Blockchain A-Z: Learn How To Build Your First Blockchain - learn to build crypto from scratch. There is some additional information for creating cryptos.

One secret tip for you- because I am into investing as well. The best tip is to keep your funds in either Ethereum and Bitcoin because you have the chance of the higher prices. All the other cryptos are jackpots and not consistent.   All the cryptos are either clones of bitcoin or Ethereum, if you find some token that is unique then it's time to invest in them as well. My bet would be having funds in Either bitcoin or Ethereum and ignore the rest. Disclaimer : -- Please don't consider it as investment advice and make your own decision/research.



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