Medium Blog | Blockchain Origin: Merkle Trees | SafeMoon Gaming: Today's Event [World of Warcraft] - Tomorrow's Event [Fall Guys] | Food For Thought | Reminders
SafeMoon CEO John Karony Tweeted,
"Twitter is great for keeping in touch, but on my new Medium blog, I’ll share my thoughts and takes on everything #SAFEMOON, #tech, #crypto, and #Web3. Stay tuned."
Please check out his first blog entry by clicking the hyperlink above!
🎓Blockchain Origin: Merkle Trees
The Merkle Tree was conceptualized by Ralph Merkle of Stanford University in 1980 and is frequently used in peer-to-peer (P2P) networks to address computing and memory space needs. It would not be an exaggeration to argue that Merkle trees contributed significantly to the success of blockchain technology.
Why are Merkle Trees Important? Merkle trees arrange transactions efficiently, allowing an extensive amount of information to process quickly. This arrangement reduces the data and CPU processing used for verification.
In addition, Merkle trees create a tamper-proof system by organizing transaction data into a tree-like structure, where each level is created by hashing the previous level until a single root hash remains. This root hash efficiently verifies the integrity of the data, ensuring that any changes are easily detected.
What is a Merkle Tree?
The Merkle tree is a type of binary hash tree with 3 different nodes: leaf nodes, non-leaf nodes, and root nodes. Merkle trees aid in organizing, maintaining, and verifying transaction integrity in any decentralized ledger and can be found in both the Bitcoin and Ethereum chains.
To read more about Merkle trees, take a look at this article or view the video below.
Source: Coin Gape
🎮 SafeMoon Gaming
To join in on gaming events, head over to the SafeMoon Gaming Discord at the event's scheduled time.
🗓️Today's Event: World of Warcraft
The SafeMoon Gaming community will be clearing Vault of the Incarnates! Join us at 3 pm MDT | 5 pm EST | 10 pm GMT.
Image Credit: Blizzard Entertainment
🗓️Tomorrow's Event: Fall Guys
Fall Guys is a party royale game where players compete against each other in a series of absurd and chaotic challenges until only one winner is left standing. Join in on all the fun at 4 pm MDT | 6 pm EST | 10 pm GMT!
March SafeMoon Gaming Event Calendar
💭 Food For Thought
"Many of life’s failures are people who did not realize how close they were to success when they gave up."
- Thomas Edison
"If you want to live a happy life, tie it to a goal, not to people or things."
- Albert Einstein
"Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma – which is living with the results of other people’s thinking."
- Steve Jobs
SafeMoon Special - Hello Again
SafeMoon Pulse Monthly Recap
Each month, the SafeMoon Pulse offers a comprehensive SafeMoon overview of the previous month, including any updates or changes you might have missed. The latest issue of the SafeMoon Pulse is now available, covering all the important information from the month of January 2023.
Let's recap the month of January! The video is below, or if you prefer reading, you can access the Pulse article here.
SafeMoon Wallet: How to Sell Crypto Guide
SafeMoon Orbital Shield
SafeMoon released a technical explanation of their patent-pending security product, SafeMoon Orbital Shield.
Need a slightly more simplified explanation?
What is PoA, and what are its advantages?
Learn more by clicking the image below.
Recent Captain's Logs
SafeMoon CEO John Karony talks about SafeMoon's Centralized Exchange
(CEX) progress in the Captain's Log video below.
CEO John Karony gave a quick update on the SafeMoon blockchain explaining a bit about the chosen consensus mechanism and release expectations.
Token Monetization Innovation (TMI)
SafeMoon has released a new patent pending feature designed to improve the user experience on its DEX (Decentralized Exchange - SafeMoon SWaP), labeling the feature TMI (Token Monetization Innovation).
TMI aims to improve transparency and transaction predictability by charging the exchange fees upfront in the native token and using smart contracts to ensure transparency in token liquidity pairings. It also aims to expand the availability of web3 and enable additional community partnerships with meaningful projects.
TMI SafeMoon Newsletter Captain's Log.
Attention pSafeMoon holders ONLY.
The pSFM Migration Campaign is now LIVE!
Only use the official dApp link on the SafeMoon Website.⚠️
Have the tokens you want to use for migration in your wallet.
Don't transfer after the cutoff date/time
Have a small amount of ETH for gas fees
Tokens acquired in wallets after the cutoff date/time won't be eligible
The pSafeMoon process will remain live for a minimum of six months.
Migrate your pSafeMoon tokens to SafeMoon V2 tokens
The education team has also recently updated their pSafeMoon Guide to include an updates section so you can be aware of any issues relating to pSafeMoon. In addition, you'll find some FAQs to keep you all up to date.
Click the image to check it out
SafeMoon announced that with the recent SafeMoon SWaP updates came a new patent pending feature that solves the existing Defi inconsistent fee paradigm for tokens on multiple Decentralized Exchanges.
Press Release: [Businesswire]
They partnered with "Blockchain and AI expert Dr. Adel Elmessiry to help solve the inconsistency. Labeling the invention "Tokenomic Supervisor," they explain that it operates in 2 steps:
To learn more, view the full article here.
Security Questions (Best Practice)
🎓You might have seen that SafeMoon Orbital Shield requires users to answer 2 security questions.
⚠️We highly encourage reading our Best Practice article to learn about a safer method for answering these security questions!
Slippage and Gas Articles
You may have heard of slippage and gas related to the transactions you make when trading your digital assets on the blockchain, but do you know what they are, where they come into play during a transaction, or even why they exist?
SafeMoon Education Manager Cats published two new educational articles for those interested in understanding more.
⬇️Click on the image of the subject you'd like to learn about first.⬇️
↙ Learn about Slippage (Left) and Gas (Right) ↘
Understanding SafeMoon Transactions Article
🎓Want to understand more about what happens when a SafeMoon SWaP transaction takes place? Here's an article that can help you understand the process a bit further.
Check it out by clicking the image below. 👇👇👇
SafeMoon Career Opportunities
"Are you someone who imagines new realities & wants to collaborate with others to bring that new reality into being, for the good of everyone? Or maybe you know someone who might be a good fit?"
Click below to join the SafeMoon Official Gaming Discord:
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