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The Blockchain that’s the best to consider and dig into now

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The Blockchain that's the best to consider and dig into now

Significantly, interest in blockchain has increase and grown tremendously over the years and If you are looking to start or join a platform, there are some you need to put into consideration and this article has been prepared to give you the latest picks. 

Blockchain technology could be the answer for a new approach for supply chain participants to share and to transact data more efficiently and with more transparency. 

In our research, we have finally come to a conclusion and these are the report and platforms to consider today. 

Table of Contents

Ethereum

Don’t be amazed to see this on the #1 on our list. If you are looking for the best secure block chain based secure crypto currency platform, ETHEREUM is the best to consider. 

ETHEREUM which was introduced in 2013 is one of the most established and oldest blockchain platform. ETHEREUM is one of the decentralized blockchain platform that provides a field of a peer to peer network that executes application code and this is referred to as Smart Contract. 

Smart contracts allow participants to transact with each other without a trusted central authority. Transaction records are verifiable and securely distributed across the network, giving participants full ownership and visibility into transaction data. Transactions are sent from and received by user-created Ethereum accounts.  The sender must sign transactions and spend Ether, Ethereum’s native cryptocurrency, as a cost of processing transactions on the network.

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The backbone of ETHEREUM is the Smart Contract and inclusively its weaknesses slow processing times and higher transaction processing costs compared to other platforms. 

The active developer community of ETHEREUM which include over 250+ members with members including Microsoft, Intel and etc. The Ethereum community is in the process of migrating from the existing proof of work (PoW) consensus mechanism to proof of stake (PoS), which is more energy-friendly. This migration has required an elaborate process to spin up a separate, new type of blockchain called a Beacon chain that is being merged into the existing, main Ethereum blockchain. 

Ethereum’s large user base encourages developers to deploy their applications on the network, which further reinforces Ethereum as the primary home for decentralized applications like DeFi and NFTs. 

Other platform to look into are:

  • IBM Blockchain 
  • Hyperledger Sawtooth
  • Tezos
  • R3 Corza

Which Blockchain does Bitcoin use?

Bitcoin uses a PROOF OF WORK (POW) system and mechanism to establish its consensus across its distributed networks. Proof-of-work is the mechanism that allows the decentralized Bitcoin just like Ethereum network to come to consensus, or agree on things like account balances and the order of transactions. 

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Proof of Work over the years has played a very crucial and vital role in the history of cryptocurrency, it has provide the solution to confirm and record cryptocurrency transactions without the involvement of financial institutions. 

Every cryptocurrency has a blockchain, which is a public ledger made up of blocks of transactions. With proof-of-work cryptocurrencies, each block of transactions has a specific hash. For the block to be confirmed, a crypto miner must generate a target hash that’s less than or equal to that of the block.

Proof-of-work coins

Below are some of the notable cryptocurrencies that use proof of work:

1. Bitcoin is the first cryptocurrency since it launched in 2009. It introduced the concept of proof of work in cryptocurrency, which would later be adopted by many future coins.

2. Litecoin (CRYPTO:LTC) is one of the earliest altcoins, or alternatives to Bitcoin. Launched in 2011, it was based on Bitcoin’s code and offers improved transaction speeds.

3. Dogecoin (CRYPTO:DOGE) is a cryptocurrency that launched in 2013 and is based on the Doge meme.

What Blockchains are best for NFTs?

This article provide a list of the best NFT-focused blockchains on the market. This should give you an indepth and a good idea of which blockchains could see increased usage, following the expected growth of the NFT market in the coming years. 

What Blockchains are best for NFTs?

1. Ethereum

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More than 90% of all digital assets have been created as ERC-721 tokens on the Ethereum network, including some of the most popular ones like Axie Infinity. Although this has come with some difficulties and set backs. Over the years it has been saturated and transaction fees have gone through the roof. 

2. Tezos

Tezos is one of the first functional smart contract proof-of-stake blockchains, providing a stable and scalable network since early 2018 after its development in 2014. Thanks to the low transaction fees and high speeds it provides, Tezos is gaining traction in the NFT ecosystem.

The platform supports a dynamically upgradable protocol and modular software clients that enable it to adapt to new users. It has also developed tools to help automate the process of weaving NFTs into enterprise supply chains.

Other platforms include Cardano and Polygon. 

Which Blockchain are NFTs on?

NFTs which is also known as Nonfungible Token is on this Blockchain Platforms:

  • Ethereum 
  • Cardano 
  • Solana
  • Polygon

Check: Top 9 blockchain platforms to consider in 2022

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2 Comments

  1. Johna Sandona

    July 17, 2022 at 7:26 am

    Fantastic post however I was wanting to know if you could write a little more on this subject? I’d be very thankful if you could elaborate a little bit more. Thanks!

  2. Mari Conkle

    July 19, 2022 at 10:32 am

    I’ve learn a few just right stuff here. Certainly value bookmarking for revisiting. I surprise how much effort you place to make this type of fantastic informative website.

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How to find NFTs before they blow up? – A Comprehensive guide

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How to find NFTs before they blow up

People are making tons of money flipping NFTs, it’s one of the hottest attracting people in the crypto space right now.

Opensea trading volume has absolutely exploded and some users are making insane amounts overnight by getting in projects early before they blow up and trading them on secondary markets, but how do you do this?

In this article, I’m going to show you step by step how you can find NFTs before they blow up and actually get an edge that most people don’t have.

Find NFT projects before other people

Table of Contents

Introduction

NFTs are absolutely blowing up and people are making tons of money off this trend right now but how exactly are they doing it and what can you do step by step to try to follow this? Well, the strategy is basically this: you find new NFTs projects before other people, and then get on them before they blow up.

Of course, not every NFT is going to blow up overnight some of them go to zero but part of it is finding the project and then filtering through them and spreading your bets accordingly and getting in on these projects early, and then the price appreciates on secondary markets and then be able to sell the NFTs on a secondary market like opensea.io.

If you don’t know how to create and sell an NFT, refer back to our article: Free guide on how to create NFT and sell them on opensea.

How to get NFT projects?

There are two different ways to do this; you can get in on NFTs whenever they mint, so one really common way is that whenever new products launch, they have a website where they have some smart contracts, and they let you get a metamask wallet and go mint NFTs right at the start or you know if you miss the mint then you can find entities that are trading; you know early on opensea or a similar NFT market place and buy them before the price goes up.

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But how do you do that, like how do you even find new projects? Well, a lot of people actually do this the wrong way, they spend all day on Discord servers or they look at Twitter all day they try to find new stuff but there are a bunch of problems with this:

  1. It takes too much time, you have to look at all this stuff, there’s way too much noise in these Discord groups and on social media. This massive problem of influencers often times getting opportunities before other people and then talking about them so they’re getting in a way before you, and then if you are following social media you’re late.
  2. There’s also this problem of you not necessarily knowing what they are holding, they might just say they bought something but you don’t know if they actually did and sometimes they’ll just buy stuff and never tell you about it.

So anyway, all this is what most people do and frankly, it’s the wrong way, let me tell you the right way to do this and how you can get an edge in this entire process of getting into NFT projects early.

Step 1

One of the coolest things about NFTs is that they trade on a blockchain and all the information for blockchains is totally public, you can know about every NFT that is out there, you can know about every single wallet that trades NFTs anytime an NFT moves on an exchange like opensea.io.

But there’s also this massive problem which is; there are millions of transactions per day on the Ethereum blockchain alone, this is the primary chain where people are trading high-value NFTs and doing mints and even that’s like way too much noise but you can actually get an edge on this because you can take all this information and generate actionable insights in real-time about the wallets they are buying, holding and selling anytime new NFT drops are happening.

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There’s an application that will alert you not only for NFTs but also for cryptocurrency tokens and anything you can find on blockchain. It’s a massive game-changer.

Let’s jump into it, let’s talk about how to get an edge on NFT projects early, one of the easiest ways to do this is to look at what other people are doing as a starting point for filtering through all the opportunities on chain.

 Opensea.io NFT projects

Like I was saying before, there are tons of NFT influencers out there who are buying new collections, they’re minting them and selling them on opensea. Let’s start up with the first thing like what if you could find about anytime one of these influencers mints an NFT or trades an NFT? Well, I think you get an alert about it that in real-time.

Step 2

You can create an alert inside the application that lets you put an arbitrary name and you can put the addresses of the people you want to track even multiple people and you can set minimum amount of dollar you want for that transfer and once you save the alert you’ll find out about this stuff in real-time. You’ll see a digest of all the transactions that they get and then you can click on any of the links on display and start looking into those projects to see if that’s something you want to take action on.

Whenever you get one of these alerts you can just look at it on chain, you can actually look at the transaction here and see what it was. You’ll see if it is basically minting of a new NFT.

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This one way you can discover new projects by tracking what other people are doing in real-time and get notified about them.

Link to the Track application: https://nft.onchained.com

Step 3

You can also look at projects that are trending like new projects that hit the chain, that starts saying a significant amount of activity and know about those as well, that’s another way to find NFT projects basically as soon as they launch.

I am going to show you the way to do that inside the application.

Track NFT transactions

As you can see in the image above, there are tons of transactions like millions of transactions. I will look at their website and see who else is getting in on this project that I wanted to do so right now based on this I can look at the other tools because we track significant actors in the space and see what are they doing and currently I don’t see that anybody from that segment is actually depositing, maybe this project would pass on for the time being.

I can also look at other trending projects and see that we have one where a significant number of people from our segments are interacting with it and I can see what token it is.

Conclusion

Most people are going about this the wrong way they’re spending all this time on Discord, they’re are spending all this time on Twitter and still can’t cut through the noise, that is why this article is very important.

Thank you for reading, kindly share with friends, thanks!

Notice: We put a lot of hard work and research before writing this article, if you must copy make sure you link back with a do-follow link.
You will be reported to DMCA and other relevant authorities if you copy this article and ignore to link back to the original source.

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Metafi Yielders.com Review – Don’t join until you read this!

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Metafi Yielders.com Review

Is Metafiyielders.com a scam or the best that will make you an absolute fortune, let’s jump in and find out.

You are wanting to know if Metafi Yielders is a safe safe place to put your money or not. Let me give you a little bit of background, for four years now I’ve been involved in investing with stock market with private companies, with cryptocurrencies and so on.

Introduction

I’m not coming here from an affiliate perspective with Metafi Yielders. I’m coming here independently to give you some solid information that you can evaluate for yourself whether Metafi Yielders is a safe place to put your money.

If you are in a rush, jump through to the Red flag section using the table of content because I started with the soft warning flags first of all through to the seventh which is be a no-brainer for you to realize that Metafi Yielders is actually ponzi scheme and therefore a fraudulent scheme and the most likely scenario is that you are going to lose your entire money that you put into Metafi yielders.

What is Metafi Yielders?

Metafi Yielders is a cryptocurrency lending platform that you want to use to make money. Simply put, you deposit your cryptocurrency on the platform, choose a plan, and the company pays you a daily return of 1% to 3.3% on your investment.

Metafi Yielders website

“Profits Without Risk on the Crypto you Invest, stake, or transfer”.

“Investment team and a simple and secure platform to give you the most reliable returns on your investment.”

How does metafi Yielders work?

Metafi Yielders claim to pay investors from 1% to 3.3% every 30 business days. I claims to make you money by investing, staking and transferring, you are required to choose a plan and get started.

Metafi Yielders contact

Metafi Yielders provided the following contact details:

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Physical Office Address: 16 Jones Street, BLACKTOWN NSW 2148

Email: admin@metafiyielders.com

Facebook group: facebook.com/groups/metafiyielders

Discord group: discord.com/invite/9PsRuKaD8X

Telegram group: https://t.me/metafiyielders

Are these details true? Keep reading we will find out soonest.

Metafi Yielders Who.is Domain information

Metafi Yielders is registered on GoDaddy server, the domain was registered on the 16th of March, 2022 and it will expire on the 16th of March, 2027.

Metafi Yielders who.is details

The details of the domain registrar were hidden by DomainsByProxy.com.

Who is the owner of Metafi Yielders?

According to Metafi Yielders official youtube channel, the owner goes by the name Mr. Michael Daher. We will find out below.

7 Red flags of Metafi Yielders

Read this article carefully to educate yourself on how these scams work, I will run you through the seven warning signs (red flags) in Metafi Yielders that you should be aware of to keep your money safe.

Red flag 1

The first red flag we will look at is the video of the CEO below on an official Metafi Yielders Youtube video he stated at exactly 4:28 that Metafi Yielders has been working for 10 years.

Yet, their website metafiyielders.com was only registered on the 16th of March, 2022. This website is very new, either Michael is lying that they’ve not been doing it for 10 years or they decided that even with this incredible technology they wouldn’t bother registering a domain name until the 16th of March, 2022.

Red flag 2

Below is a youtube video where Mr. Michael is being interviewed and he explains that how many team members now have, again remember we’ve just seen that he said that they were going for 10 years and making potentially 3.3% per day on their yield farming, well if that is the case I guess you would expect to have quite a number of staff but let’s just see how many people they’ve got.

I’m shocked for real, did you just hear that? They are 7 people in the company including Mr. Michael.

Red flag 3

Look at where the actual hosting is located for the website, check the image below from hypestat.com.

Where is Metafi Yielders located

We asked where Metafi Yielders is located and it’s actually in Belize City, now this isn’t a massive red flag but it is still a warning sign because Belize is one of those areas of the world where it’s very difficult if regulators want to step in close down a website, tax elites also go there all sorts of problems so Belize is a warning sign.

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Any company that is hosting in Belize, there are some pretty strong reasons to why they’ve chosen that location and usually those reasons would tend suggest that perharps they are operating illegally or outside the law and that’s why they want to remain difficult to close down when they host in a country like Belize.

Red flag 4

We’ve seen a lot of Videos from Mr. Michael The CEO or the self-proclaimed CEO and we’ve seen a long-term resident of Western Australia and yet they’ve chosen the company as 16 Jonesstreet blacktown, new southwales 2138.

That is the address on the official company website, if we do a simple google search on that website address we would see that this actually is a residential address not something you would expect. The image below is a bungalow Chalet type building not the sort of address you would expect for a legitimate corporate company that is going to be handling hundreds of millions of funds in cryptocurrency.

Metafi Yielders physical address

That address is nowhere near Perth Australia, it’s actually over in Sydney Australia and that gap between Perth and Sydney is huge and makes no logical sense whatsoever.

Red flag 5

Another red flag is that Metafi Yielders is already being promoted by people who are known to have promoted lots of scams in the past, you can make a search on youtube and see for yourself, look at these promoters past videos.

Red flag 6

Red flag number 6 is a major redflag, there are financial regulators around the world who are there to protect the consumers from scams, they’re not registered to be regulated with the SEC. We can tell from the traffic they’re receiving to their website. They’re are attracting huge American audience and anyone who is offering a financial investment scheme which would be securities in America, they are very strong.

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The CEO Michael openly admited that they don’t have any regulations and they wouldn’t get it either even though it is clearly an investment scheme. We can all see clearly that this is a ponzi scheme and nothing more than that.

Red flag 7

This is a logical red flag, the interest which Metafi Yielders offer does not stack up at all, let’s go to a compound calculator and actually run through some numbers, numbers which are realistic according to Metafi Yielders. Check the image below.

Compound calculation for Metafi Yielders

You can do this yourself by visiting thecalculatorsite.com and I’ve said we are going to start with an initial balance of 3.50. Now, that’s actually less tha you can put in with Metafi Yielders but I’ve chosen this number just to demonstrate the ludicrousy of what is going on here. So, if you could start with just 3.50 dollars and you have a daily interest rate of 3.3% you could compound that for 36 months that’s just 3 years and remember Metaphy had said they’ve been going on for 10 years now.

The compund calculation for 3.50 initial investment for 36 months is $257,297,352,437.72. That’s insane. This is actually the networth for the richest man on earth.

Conclusion

Protect your money from scammers like these at all cost, find legitimate platforms and processes where you can make perfect chance of good returns of your money.

Average Trust score

  • FINANCIAL SECURITY: 1%
  • WEBSITE QUALITY: 30%
  • CUSTOMER SERVICE: 5%
  • SOCIAL STATUS: 1%

Average weighted score: 37%

CURRENT STATE: PARTIALLY PAYING

Is Metafi Yielders legit?

Metafi Yielders is not a legitimate platform, stay away from this poor scam, you have to be very careful with it.

Is Metafi Yielders a scam?

Due to the obvious Red flags, we’ve exposed in Metafi Yielders, we have no option but to conclude that it is a scam, do not invest in it.

Thank you for reading our honest review on Metafi Yielders, If you have any questions or comments, you can leave them below in the comment section.

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Top finance niches for Blogging & YouTube

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Top finance niches for Blogging & YouTube

Introduction

If you want to be a successful blogger this year or in the coming years, then the personal finance niche is one of the finest options. Most of us desire to blogging after hearing about it but we have a hard time deciding on the niche for our site.

Finance niche google search trend

We’ve all been told that starting a financial blog is a good idea because there is more money to be made in this field, but there’s a lot of competition in this industry.

The purpose of this post is to break down the finance niche into numerous evergreen financial sub-niches that will help you succeed by lowering the competition.

What is personal finance niche?

First of all, let’s discuss what is the personal finance niche, What is the finance niche? Niche means topic and the meaning of finance means is the area where you get knowledgeable content to solve each query related to the finance field, it can be textual or video content.

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Check: Top Crypto Niches for Blogging & Youtube

Best finance niches to work on

Now, let’s know the best niches to work on, so here’s a list of 16+ personal finance niche ideas to get you started.

1. Financial planning

2. Personal finance for beginners niche

3. Budgeting

4. Reducing debt or getting out of debt

5. Savings as a student

6. Retirement

7. Creating a new stream of income

8. Money management

9. Banking advice

10. Startup Ideas

11. Financial tools and how to use them

12. Surviving bankruptcy

13. Working within a budget

14. Investing

15. Jobs

16. Trading

Conclusion

You may simply establish a blog based on these sub-niches and cover all the questions relevant to your chosen micro-niche to make money with a blog.

Thank you for reading this article, kindly share.

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