Decentralized finance (commonly referred to as DeFi) is a blockchain- based form of finance that does not rely on central financial intermediaries such as brokerages or banks to offer traditional financial instruments. LEARN MORE WITH THIS E-BOOK
Instead, it utilizes smart contracts on blockchains, the most common being Ethereum.
With this report you will learn how to utilize this new technology in your business.
Trade cryptocurrency with accuracy and professionalism by documenting your purchases in the Cryptocurrency Investments Portfolio.
Learn from your trades and earn more as your portfolio grows. As a trader, it is easy to forget how much you initially invested, making it confusing when determining how much you gained or lost. Write down your emotional mental state to monitor personal trading behaviors. The portfolio can be used by beginning and advanced traders of cryptocurrency.
The world’s second-largest cryptocurrency network, in terms of market capitalization, Ethereum, saw a chain split as a software bug affected a large quantity of full node clients. In mid-August, developers discovered a vulnerability and distributed an update called “Hades Gamma” to resolve the problem. However, a large number of full node clients did not leverage the patch and the network forked.
A bug on the Ethereum blockchain’s most popular software client, Geth, has created a fork in the network. This means that the Ethereum blockchain is currently processing two chains simultaneously, which—if unresolved—could potentially cause a double-spend attack.
A double-spend attack means that the same cryptocurrency is spent twice, essentially turning a cryptocurrency into a counterfeit, inflating the asset and lowering its value.
The bug in question is only present in older versions of the client, or those that came before the Geth v1.10.8 update. The update is also called “Hades Gamma.”
Ethereum developers previously disclosed this bug on August 18.
RastaCake has been developed to be the #1 AMM Decentralized Exchange for Tokenized Cannabis stocks, and a bridge between the traditional stock market and crypto market, making it easier to invest in cannabis stocks and assets placed in different countries at the same time from anywhere in the world.
What Are Tokenized Stocks?
Tokenized stocks are tokenized derivatives that represent traditional securities, particularly shares in publicly listed companies traded on regulated exchanges such as Scotts Miracle-Gro, Curaleaf, Aurora, Apple, Tesla and others.
The key benefits of tokenized stocks include fractional ownership of traditional securities, 24/7 access to markets, and greater liquidity to name a few. These digital assets are backed 1:1 by traditional stocks, entitling holders to the same economic benefits of owning the underlying stock.
What is AMM?
AMMs systems took off after they were first implemented by Shearson Lehman Brothers and ATD in the early 1990s.
In crypto, AMM is being used for the most important existing decentralized exchanges like Uniswap and PancakeSwap and it allows digital assets to be traded in a permissionless and automatic way, by using liquidity pools rather than a traditional market of buyers and sellers. Prices are determined by a constant mathematical formula.
Liquidity pools can be optimized for different purposes and are proving to be an important instrument in the DeFi ecosystem
RastaCake it’s a AMM Decentralized Exchange community owned, which means that all liquidity pools are managed and owned by the community sharing the profit from all transactions on the exchange.
Earn Passive Income
RastaCake is a community owned and driven project. All Profit-sharing from all liquidity pools and transactions fees on the exchange are distributed to $RCAKE holders, everyday at 4:20 PM in form of $ETH or $RKACE automatically deposited to your wallet . The tech behind this project will be managing the pools and farms so users can sit back, relax, and receive their profits automatically deposited in their Wallet.
A Secure Platform To Trade And Launch 4:20 Friendly Tokens
Their goal is to create a platform where any cannabis initiative can receive funds with RastaCake. This can include startup projects or already established cannabis businesses. They will be able to issue tokens backed in real stocks or assets.
$RCAKE Token Details
$RCAKE is the governance token of the RastaCake project and it’s mandatory to participate on voting and funding. When a new token is offered on market, having $RCAKE will be necessary in order to participate and the $RCAKE used will be burned to reduce the token supply.
Before connecting to an Ethereum network to upload any NFT, it has to be created. A NFT can be anything that you decide to digitize, from taking a photo with your camera, to taking a photo of your physical artwork.
More recognizably, you can create a graphic NFT image using an app on your phone phone and if you are up for the challenge here is the time to advance your skills and learn technical graphic design through computer software.
Beeple, Everydays – The First 5000 Days NFT, 21,069 pixels x 21,069 pixels (316,939,910 bytes). Image courtesy the artist and Christie’s.
NFTs have revolutionized the creative world and many are still wondering how can they get a piece of the digital pie. With NFTs selling for the high millions of dollars, and allowing every creative skill level to participate, there is no reason not to create your own. Back in March Beeples, Everydays-The First 5000 Days sold for a whopping $69 million.
Image by Rostislav Uzunov
NFTs have reawaken the purpose and value of art. Rather you call yourself an artist or not, by creating a NFT it gives you the freedom of expression and allows you to make passive income with the new age money, cryptocurrency. Days of the “starving artist” have come to an end because of the accessibility of getting your work seen by millions of people through the many NFT marketplaces.
No longer does your art have to sit in your room to be only praised by friends. No longer do you have pay galleries and curators high fees for your work to never sell. You can take matters into your own hands and make higher profits than you would with typical art payments.
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