4th of July Road Trip - Valley of the Fire Nevada USA

Happy 4th of July, today I am taking you on a special road trip to one of the most magical places in America. An arid landscape that was covered with life and history way before Europeans arrived in this neck of the woods.


The Valley of the Fire is a state park located in the state of Nevada, USA about 1 hour drive northeast of Las Vegas. Truly stunning, the park is know for its red sandstone mountain formations, which contrast against the stunning and even more dominant white limestone mountains. 
The landscape is completely dry and it is hard to imagine that any culture was able to survive in the area. But proof is in the pudding and basically everywhere. Check out the video slide below for some beautiful images that I captured while visiting this unforgettable place.

Preservation is a must so other generations can enjoy and witness the wonders of this place.

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Crypto Dictionary: The Basics according to social media

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To understand about crypto one must first know it's lingo. Cryptocurrencies and blockchain technology are a fairly new phenomenon. Because of that its language is still being developed in many ways. Only 5 words related to cryptocurrency are sited in the Oxford Dictionary, but a huge array of words old and new as well as slangs and abbreviations are used by the crypto community on a daily basis. Knowing what they mean gets us one step closer to understanding Crypto in general.

In this article I picked 10 definitions from the site decryptionary.com that I think are essencial to start.

1. 2 Factor Authentication or 2FA:  "is defined as an additional layer of security requiring information that verifies the owner, and nobody else, is accessing their account.
Whether or not you have a strong password, your accounts can still be hacked. Two Factor Authentication can be the final barrier that keeps your accounts safe from hackers."
2. 51% Attack:  "is defined as a situation where more than half of the computer power running a blockchain are controlled by one person or one group of people with evil intentions. That person or group with the majority power can manipulate transactions in his favor."
3. Altcoin: "is defined as any cryptocurrency except for Bitcoin. “Altcoin” is a combination of two words: “alternative Bitcoin” or “alternative coin”."
4. ATH: "is short for “All Time High”, and is defined as the highest value an investment has ever reached in its history."
5: Bear / Bull: "Bear market is defined as a decreasing set of prices for various types of assets. A bearish investor wants to profit from the movement of dropping prices. / Bull market is defined as a continued increase in value for any type of asset. Also known as a “bull run”."
6. Centralized / Decentralized: "Centralized describes a system or organization that is controlled by one person or group. Companies are centralized organizations./ Decentralized Autonomous Organizations also DAO describe leaderless organization supported by a network of computers. To be decentralized, it must have no central location because it is running on a network of computers. And because there is no single leader and has its own rules to follow, it is autonomous, or self-governing." 
7. Fork: "A fork or accidental fork is a split in the digital recordings, known as the blockchain."
8. Mining: "Mining is defined as the process of using computer power to solve a complex math problem, review and verify information, and create a new recording to be added to the blockchain."
9. Private key: "is defined as a string of letters and numbers known only by the owner that allows them to spend their cryptocurrency. NEVER SHARE your private key unless you want someone else to be able to take all of your money!
Your private key is very similar to your password to access your crypto. Compare a private key with a public key and address:
  • Your public key is rarely ever used, but you can use it to receive cryptocurrency.
  • Your address is a safer version of your public key and is what you should use to receive money."
10. Public key: "is defined as a string of letters and numbers that allows cryptocurrency to be received. However, public keys are not considered as safe to use as public addresses."

Overall these are 10 basic words that I picked from over 400 crypto related definitions featured by Decryptionary. In my opinion, as the industry evolve and more people dive into the technology many of this words are going to popularize and become more mainstream. 

By: Michelle Mafra
Mamãecrypto
www.mammycrypto.com
mamaecrypto.blogspot.com
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Facebook: @Mamaecrypto
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Comments

Unknown said…
Super useful as a reference, and a really good starting point.

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Disclaimer

My opinions are simply my opinions and not investment advice. I strongly recommend everyone in the crypto realm to do their own research and get very educated about risks and security before acquiring, earning or investing. The content in this blog/ website is not investment advice. Please note that this web site also features sponsored content.

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