Weekly Blockchain News with Mammycrypto Sept. 17th 2022

Hi there,   I hope you are ready for another Crypto News Weekly! As you probably know, the highlight of the week, has been the much anticipated Ethereum Merge. Finally, the Ethereum upgrade has finalized successfully, and the market can lose some of the anxiety revolving around it. Oddly despite a successful delivery from developers and the community, the price of ethereum has taken a big dip. My guess is: Partly due to the fact that this upgrade does not fix its most important issue regarding usability, which is the high cost of transaction fees.  There are other relevant headlines for the week, so be sure to press play on the slide, feel the title, and if you get extra curious; there is always a direct link to each article below, ready for you to click and read it in my detail.  Sunday September 11th, 2022:   Latin America is ready for crypto — just integrate it with their payment systems  -  https://cointelegraph.com/news/latin-america-is-ready-for-crypto-just-integrate-it-with-thei


A compilation of all the crypto and blockchain terms and slags that I have found on the internet. Including sources of course. 

Before we start, here is a saying I recently coined in Portuguese, and translated to English. A saying that inspires the work that I do in this blog. This is my small part of the contribution. Hope you enjoy learning more about this subject that is so new and fresh that is barely in the BOOKS. 

"Descentralização é um trabalho colaborativo e acumulativo. Participe de uma forma ou de outra, se você quiser."

"Decentralization is collaborative and cumulative work. Participate in one way or another, if you want!"


Airdrop: (Wikipedia) An airdrop is a distribution of a cryptocurrency token or coin, usually for free, to numerous wallet addresses. Airdrops are primarily implemented as a way of gaining attention and new followers, resulting in a larger user-base and a wider disbursement of coins.

Altcoin: (MammyCrypto) All the cryptocurrencies other than Bitcoin. The first cryptocurrency ever launched is Bitcoin, every cryptocurrency launched afterwards is called an altcoin. As of 2020 there are over 5000 altcoins recorded

ATH ALL TIME HIGH: (MammyCrypto) ATH is the abbreviation for All time high used when an asset is sold for the highest price ever recorded. Example: Bitcoin reached its ATH on November 2017  

Atomic Swap: (Mammycrypto) An atomic swap is a smart contract technology that enables peer to peer exchange of one cryptocurrency for another without using centralized intermediaries


Bitcoin: (Oxford Dictionary) A type of digital currency in which a record of transactions is maintained and new units of currency are generated by the computational solution of mathematical problems, and which operates independently of a central bank.

EX: ' if you want to buy something using bitcoin you need to make sure the seller accepts the cryptocurrency’

Blockchain: (Oxford Dictionary) A system in which a record of transactions made in bitcoin or another cryptocurrency are maintained across several computers that are linked in a peer-to-peer network.
‘we can actually have a look at the blockchain and see evidence of what's going on’


CE-FI Centralized Finance: (MammyCrypto) Finance as we know it. Any financial activity ran by a centralized institutions. Banking, Loans, Stocks etc are all part of a centralized finance structure 

CEX Centralized Exchange: (Hacker.io) Centralized exchange are trading platforms that function like traditional brokerage or stock markets. A centralized exchange is owned and operated by a company that maintains total control over all transactions. Users of centralized exchanges do not have access to the private keys of their exchange account's wallets.

Cryptocurrency: (Oxford Dictionary) A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

EX: ‘decentralized cryptocurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation’
Origin: Early 21st century from crypto- + currency.
Cryptography: (Oxford Dictionary) The art of writing or solving codes. 


De-Fi (Decentralized Finance): (Mammycrypto) Any financial activity powered by a decentralized entity or platform. EX: Farming, Swapping and lending cryptocurrency using DEX.

Decentralization: (Oxford Dictionary) The transfer of control of an activity or organization to several local offices or authorities rather than one single one.
‘efforts to promote decentralization and reform of the national political party’

Decentralized: (Oxford Dictionary) - (of an activity or organization) controlled by several local offices or authorities rather than one single one.

DEX (Decentralized Exchange): (MammyCrypto) A cryptocurrency exchange that is not run by one central authority. These exchanges are decentralized and run by its users such as liquidity provider, miners, stakers, wallet holders. Decentralized excchange allows for direct peer-to-peer cryptocurrency transactions to take place online securely and without the need for an intermediary


Encryption: (Oxford Dictionary) the process of converting information or data into a code, especially to prevent unauthorized access.

ERC-20: (Investopedia) ERC-20 has emerged as the technical standard; it is used for all smart contracts on the Ethereum blockchain for token implementation and provides a list of rules that all Ethereum-based tokens must follow.

ERC-20 Tokens: (Cointelegraph) are tokens designed and used solely on the Ethereum platform. They follow a list of standards so that they can be shared, exchanged for other tokens, or transferred to a crypto-wallet. These standards were created by the Ethereum community.


Lightning Network: (Wikipedia) is a "layer 2" payment protocol that operates on top of a blockchain-based cryptocurrency (like bitcoin and litecoin) . It is intended to enable fast transactions among participating nodes and has been proposed as a solution to the bitcoin scalability problem.


Market Cap (Capitalization): (MammyCrypto) In the cryptocurrency markets, the term market capitalization refers to a metric that measures the relative value of a cryptocurrency. Market Cap is calculated by multiplying the current market price of a particular coin or token by the total number of coins in circulation.


Proof of Stake: (Decryptionary) Proof of Stake or PoS is defined as a process for achieving consensus and building on a digital record known as a blockchain. With PoS, users put up a collateral of tokens (or a “stake”) and use a process that is more energy and cost-efficient than previous solutions such as proof of work

Proof of Work: (Decryptionary) Proof of Work or PoW is defined as a process for achieving consensus and building on a digital record known as a blockchain. With PoW, users compete with each other via their computers to solve a puzzle. / Imagine the blockchain as a digital book of records. Every page in that book can only store X amount of information. So we create new pages to store more information. Those pages are blocks in the blockchain. And creating new blocks, recording and verifying information is all a part of mining./ With Proof of Work, computers compete to solve a tough math problem. The first computer that does this is allowed to create new blocks and record information. Because mining requires computer power, people do this work in return for money. The first computer to solve this problem can record information earning them a reward in brand new digital money plus fees paid for each transaction./ Proof of Work systems are used for cryptocurrencies that regularly create and release their coins, unlike in Proof of Stake systems that have all of their coins released in the beginning.

Protocol:  The rules involved in a network. Example: Transaction validation, and communication between nodes


Satoshi: (Oxford Dictionary) “A satoshi is the smallest monetary unit in the Bitcoin cryptocurrency, and is named after Satoshi Nakamoto, the—probably pseudonymous—developer(s) of Bitcoin.”

Seed-Phrase: (Adam Back, Twitter) A seed phrase is an encoding of the private key which can spend bitcoins (or other cryptocurrencies added by Michelle M.) in a wallet. Intended to be easier for humans to back up than hexadecimal strings.

Stable-coin: (Oxford Dictionary) Any cryptocurrency designed to have a relatively stable price, typically through being pegged to a commodity or currency or having its supply regulated by an algorithm.


Trading volume: The total amount of money or crypto assets traded in the last 24 hours

This list is being built. Come back weekly for more crypto related descriptions. 

All my best,
Michelle M.



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My opinions are simply my opinions and not investment advice. I strongly recommend everyone investing or looking to earn or acquire cryptocurrencies 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 and referral affiliate links. Which means that when you click on some links and sign up for a product or service I may receive I small commission or credit for the referral. Most the the links also will give you an invite incentive that most often you would not receive if you do not use a referral invite link.


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