Smart contracts are a prime example of a technology created ahead of its time. While many in the blockchain space associate them purely with cryptocurrencies, the fact is that they actually existed long before the blockchain did. Believe it or not this technology was first conceptualized way back in 1994 by Nick Szabo, who coined the term. However, it would be many years later before smart contracts would be anything more than a mere concept.
While Szabo himself is a bit of legend in the world of cryptography and cryptocurrency, smart contracts honestly do not apply only to the blockchain. They are simply a tool which can be utilized by it and the many projects that have been created within the space. In this article we’re going to explore those applications and learn a little bit about smart contracts, but first let’s talk about why you would want to use a smart contract to start with.
Cryptocurrency is the modern day gold rush. Everyone is rushing in to get their piece of the pie. That means throwing their money at every coin they can find. Unfortunately, that also lead a lot of people to buy in at the all time high and lose a shit ton of money. There are lots of ways to make money in cryptocurrency though, and in this article I’m going to go over a few of them. I use multiple methods to create my income, and I think it’s a great approach.
There’s no one way to skin a cat they say, and that’s true for everything in life. Even investing. If you’ve tried trading and realized that you just plain hate it then fear not. I’ve got more methods for you to try that don’t involve chart analysis or needing to be a financial wizard in order to grow your portfolio. There’s lots of ways to earn cryptocurrency that can appeal to all kinds of people with many different skills and interests.
If you’re interested in diversifying your cryptocurrency gains in precious metals to protect your earnings then there’s a couple of ways you can do it. You can either hold the physical gold yourself or you can pay a storage facility to do it for you. I think both methods have their uses, and they’re both perfectly valid ways to do it. The “right” way is really just up to you and what you want from your investment. Let’s look at the pros and cons shall we?
A lot of people see having a website as an anonymous way to share their voice, but this is far from the truth. In fact, your web host or domain register is most likely the first one who will either hand over or sell your private information or ban your account if you post something that makes somebody mad. Often times when you register domain or for web hosting you need divulge all of your private information including your name, e-mail address, home address, and credit card information. That’s a lot of data available for hackers or spammers to access for no reason.