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SafeMoon Lowdown (December 24th, 2022)

Updated: Dec 30, 2022



Happy Holidays, everyone! 🎅🎄☃️ We'll be back with the full Lowdown the day after New Year's Day! In the meantime, please check out some of our newest updates. See you soon!


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Table of Contents:

SafeMoon Orbital Shield

SafeMoon Newsletter

The Relationship Between Blockchain and Web3


SafeMoon Orbital Shield

SafeMoon announced that SOS has been officially launched!

"The best way to spread holiday cheer is to sing loud for all to hear!🎄

#SAFEMOONORBITALSHIELD is here!

This isn’t just any update for #SAFEMOONWALLET. This is a re-invention of #cryptowallet security!🚨

orbitalshield.safemoon.com

Security to all, & to all a good night."

Original Tweet


Read more about the pSafeMoon migration here.


SafeMoon Newsletter

SafeMoon also implemented their new newsletter! Check out the announcement below.

"Happy holidays #SAFEMOONFAMILY! 🎄

We are excited to announce the launch of the #SAFEMOONNEWSLETTER! 📰

This will become your path to updates, Captain's Logs, exclusive behind-the-scenes content & more from #SAFEMOON! 🥳

Subscribe to Excitement: safemoon.com/newsletter"

Original Tweet


The Relationship Between Blockchain and Web3

Cryptocurrencies and blockchain are the building blocks of Web3. However, the decentralized web also relies on technologies like AR, VR, IoT and others unrelated to blockchain or digital currencies.


The third generation of the internet, known as Web3, is based on blockchain technology. However, technologies like machine learning, big data, artificial intelligence (AI), the Internet of Things (IoT), augmented reality (AR), virtual reality (VR) and others enable decentralized apps (DApps) to analyze information in a sophisticated human-like manner in a Web3 environment.


For instance, virtual reality headsets will create an exceptional shopping experience, allowing customers to interact with the products before making a purchase. However, these technologies are not based on cryptocurrencies or distributed ledger technology but aim to increase blockchain technology’s efficiency.


Furthermore, blockchain plays a significant role in building the infrastructure of Web3 by allowing organizations to decentralize Web2 services, including cloud computing, social networking sites and databases. Therefore, combining AI and blockchain technology will undoubtedly give organizations a better way to manage confidential data sets.


By validating the supplied data, AI technology can quickly complete the process request and the smart algorithm will help make quick decisions regarding issuing funds or approving credit. Also, the data sets can be effectively protected via the blockchain. Similarly, other technologies such as AR and VR are crucial in defining the metaverse, exploring novel ideas and elevating virtual experiences.


Moreover, cryptocurrencies eliminate the need for a reliable middleman by allowing Web3 users to use tokens like Ether (ETH) to send and receive money. That said, cryptocurrencies support peer-to-peer payments and can serve as a digital-native remittance method. Blockchains would lack the incentive system for network involvement without cryptocurrencies. Also, users wouldn’t have anywhere to store the cryptocurrency without crypto wallets.


In addition, Web3 is intended to be permissionless, trustless, and open to all, as it embraces the crypto ethos. Similarly, nonfungible tokens (NFTs) enable users to transparently demonstrate proof of ownership for items like in-game assets, digital art, personal data and others.


To learn about how is Web3 related to blockchain, how might blockchain propel the expansion of Web3 and how can companies prepare for a Web3 world, read the full Cointelegraph article here!


Lowdown Home

SafeMoon Linktree (Official Links)
Monthly Pulse Home
SafeMoon Website
Captain's Logs
SafeMoon Education's Official Twitter

Disclaimer:

Please be advised this is meant to be used for informational and educational purposes only. All information should be used as such and not be treated as financial advice. Before making any financial decisions, it is important to complete your own due diligence. Thank you!
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