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Why a Blockchain Billionaire Bought a Banana for $6 Million (and Other Crypto Curiosities)

In a world where the lines between art, technology, and absurdity are increasingly blurred, one blockchain billionaire has taken a bold step into the realm of the absurd—and somehow made it all seem a little… too normal? Justin Sun, the founder of the TRON blockchain, who recently spent a staggering $6.2 million on a banana duct-taped to a wall. Yes, you read that right—a banana. This wasn’t a prank or a joke, but an actual art purchase at a Sotheby’s auction in New York. So, what’s the deal?...

#bananas#nft#art#perception#billionaires
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Lisk: The Blockchain That’s Side-Chain-ing Its Way to Fame

So, you’ve heard about Bitcoin, Ethereum, and those other blockchains that like to take themselves super seriously, right? Well, buckle up, because Lisk is the blockchain that’s here to disrupt the cool kids’ table. Imagine a blockchain that’s like the chill, laid-back cousin at a family gathering – not trying too hard, just minding its business and letting everyone else know that it has an entire ecosystem of possibilities (without the need for expensive therapy). Let’s dive into the unique ...

#lisk#blockchain#side-chain
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Self-Sovereignty: When Crypto CowPeople Roam Free

Ah, self-sovereignty—the holy grail of cryptocurrency enthusiasts everywhere. It’s the dream of financial freedom, where the only authority over your digital wallet is...YOU. No meddling banks, no pesky government forms, and no bank manager giving you that disapproving look when you withdraw $5 in quarters for the vending machine. Bliss, right? But as with all dreams, there’s a reality check. And in the wild world of crypto, self-sovereignty comes with its own set of quirks, challenges, and m...

#soveriegn#crypto#financial
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The Great NFT Circus: Owning the Internet, One Digital Thingamajig at a Time

So, you've heard the buzz about NFTs, right? Maybe you’ve seen headlines about someone buying a picture of a cartoon ape for the price of a house. Let’s unpack this delightful madness and the future of ownership.What on Earth is an NFT?NFT stands for Non-Fungible Token. Now, let’s break that down:Non-fungible: Imagine you lend your friend 1,000 Kenyan Shillings. They give you back a different 1,000 Shilling note. No biggie because all 1,000 Shilling notes are the same value. But let’s say you...

#nft#matatus#ownership
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Disputes between two parties without creation of a mediator using web3

Managing disputes without a traditional mediator is one of the strengths of Web3 technologies, leveraging decentralized systems and smart contracts to resolve conflicts transparently and fairly. Here’s how you can achieve this:1. Smart Contract ArbitrationSmart contracts can automate the resolution of disputes by encoding predefined rules and conditions into the blockchain.How it works:Agreement Terms: The parties agree on terms embedded in a smart contract before their interaction begins.Con...

#disputes#resolution#web3
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Major Challenges with Blockchain: A Human Perspective

1. Lack of Trust Among UsersProblem: Explaining blockchain to users is like explaining Wi-Fi to your grandparents: "You can’t see it, but trust me—it’s working!" Yet, people still think you’re hiding something when you say, “It’s decentralized.” Solution: Build transparency tools, dashboards, and interfaces that scream "LOOK, IT’S LEGIT!" Or, better yet, make your blockchain do what humans can’t—like running reliably at 3 AM without drama.2. Lack of Financial ResourcesProblem: Developers ofte...

#blockchain#humans#perspective#fun
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Elements of Web3

Web3 is the vision of a decentralized internet powered by blockchain technologies. It emphasizes user control, decentralization, and transparency. Below are the key elements of Web3:1. BlockchainDefinition: A decentralized, distributed ledger that records transactions in a tamper-proof manner.Purpose: Provides the foundation for Web3 by ensuring data is transparent, secure, and immutable.Examples: Ethereum, Bitcoin, Solana, Polkadot.Role in Web3:Acts as the backend infrastructure.Ensures trus...

#web3#blockchain#decentralization
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The End of Gas Fee Woes? Exploring Account Abstraction

For anyone who has interacted with blockchain ecosystems, gas fees are a familiar pain point. These fees, paid to miners or validators for processing transactions, can fluctuate wildly, making blockchain usage unpredictable and expensive. Especially because of "Meme-Coins". But a new development called "account abstraction" is poised to alleviate this frustration and potentially revolutionize how we interact with blockchain systems. The Origins of Account AbstractionAccount abstraction has it...

#gas#fees#account#abstraction#blockchain
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From Controllers to Contracts: A Guide to Transitioning from MVC to Solidity

After an almost a 18 year background of PHP/Laravel development. Having been living the sweet life of MVC (Model-View-Controller) web development, happily juggling models, views, and controllers. Then, one day, you hear whispers of blockchain and smart contracts. Next thing you know, you’re staring at a Solidity file, asking yourself, “What fresh hell is this?” Fear not, dear developer! Here’s an infused guide to help you transition from MVC to Solidity and survive the experience.1. Forget Co...

#solidity#php#mvc#transitioning
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Join the KibokoDAO Revolution: Limited NFTs to Shape the Future of Web3 in the African Savannah.

Welcome to Web3, a world where digital assets thrive, ownership is decentralized, and the power of community drives progress. In this brave new ecosystem, NFTs are more than just collectibles—they're your gateway to influence and innovation. At the heart of this evolution lies KibokoDAO NFTs, a Decentralized Autonomous Organization powered by membership NFTs on the Lisk blockchain and hosted on Rarible.Why Lisk?Lisk is redefining blockchain development with its modular approach, empowering de...

#kibokodao#lisk#rarible#nfts