MoonCast Recording | Community Content: Spaces - Images - Thoughts | Food for Thought | Blockchain Education: Top 6 Most Popular Crypto Scams In 2022 - Crypto Token Supplies Explained - Careers in Blockchain Development | Blockchain News: Bitcoin Mining Revenue Lowest in Two Years, Hash Rate on the Decline - Texas Governor Greg Abbott Addresses How Bitcoin is Good for the State’s Power Grid | SafeMoon
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Did you miss the most recent MoonCast which featured conversations regarding SafeMoon's product, SafeMoon Orbital Shield? You can either check out the recording below or wait for the transcript version which will come out later this week!
Another week, another Safemoon Australia Discussion Space! Join Matt, Daz and Rez in their upcoming conversation. Click the image below to check your local time and set a reminder!
Troy Smothers BBTF COO
"Good Morning #SafemoonArmy Hope yall enjoy last day of TG weekend. Onto the 🎄 🎅 good vibes for the next couple weeks 😃 Faze out the noise, and enjoy the journey. This is crypto advice 😄 Now time for 🏈 games 💪 Love ya #SafemoonFamily"
- SFM Tony
Food For Thought
"Faith is the means to which one adheres when one has attained it. It strengthens our dreams & accompanies us on our way to our goals 🛣️ There are always good & bad times, but the faith remains unbroken, because we can achieve what we envision 🌌"
"Remember, you have been criticizing yourself for years and it hasn’t worked. Try approving of yourself and see what happens."
Top 6 Most Popular Crypto Scams In 2022
Back in 2021, crypto scams were a growing attack vector tricking victims into investing in the crypto space. According to CNBC, more than $1 billion were lost to crypto scams in 2021, where the most common types include fake investments and romance scams. Since then, 2022 has shown that scammers are getting more and more creative.
Here are the most popular scams this year:
1. Phishing Link Scams
3. Event Spoofing & NFT Sleep Minting
4. Ponzi Scams
5. CHI Gas Token Farming
6. MEV Scams / Scam Events
To learn about these different kinds of crypto scams, click here to read the HashBit artlcle!
Crypto Token Supplies Explained
Check out Coin Telegraph's educational article which explains the different aspects of token supplies:
1. What is the crypto token supply?
2. What is a circulating supply?
3. What is the maximum supply?
4. What is a total supply?
5. Total supply vs. maximum and circulating supply
Careers in Blockchain Development
A decentralized, distributed ledger that tracks and stores every transaction in a verifiable way, the blockchain records transactions across multiple nodes (or computers) in such a way that the registered transaction cannot be altered retroactively. That’s a big difference between a traditional database where information is held centrally and it makes it impossible for any single person or entity to control all the nodes.
For a technology that is so relatively new — it was only invented in 2008 by an unknown person or persons using the pseudonym Satoshi Nakamoto (The word “Satoshi” means “clear thinking, quick witted” in Japanese), who used it as the core technology behind bitcoin — the blockchain has been revolutionary.
The original bitcoin blockchain was designed as an immutable public ledger that records all bitcoin transactions. Because it’s impossible to change historical records on this ledger, everyone can see how many bitcoins were transferred from one account to another at any given point in time — which makes it impossible for people to lie about how much money they have or where their funds came from.
You may be thinking, isn’t the crypto scene in crisis now? But almost 15 years on, the use cases for blockchain technology have grown far past crypto, providing new answers to challenges faced across different industries.
Learn more about why a career in blockchain development can be a smart move by reading this educational article by The Next Web.
Bitcoin Mining Revenue Lowest in Two Years, Hash Rate on the Decline
The revenue earned by Bitcoin miners fell to two-year lows owing to poor market performance and a heavier computational demand amid rising network difficulty. However, an ongoing downturn in the Bitcoin hash rate over the past month has allowed miners to recoup losses.
The total Bitcoin mining revenue — block rewards and transaction fees — in United States dollars fell down to $11.67 million, a number last seen on Nov. 2, 2020, when Bitcoin’s trading price was around $13,500. [Source: Cointelegraph]
Texas Governor Greg Abbott Addresses How Bitcoin is Good for the State’s Power Grid
Following China’s decision to ban all forms of cryptocurrency, Bitcoin mining companies were forced to leave the country. For a time, the face of cryptocurrency mining was led by China. But things didn’t turn out how we had hoped.
Numerous mining firms were looking for a location to settle, but the process was difficult due to strict rules, neighborhood lawsuits, and even pollution worries. Texas was seen as supporting the mining industry, whereas some US states still forbade it.
In one of the recent clips shared by the Twitter account Documenting Bitcoin, the governor of Texas, Greg Abbott, is seen expressing his views on Bitcoin.
Wondering what he said? Check out the Watcher Guru article here!
Have you voted today?
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"I'll be honest I'm excited about the new updated contract. It's definitely the right step in helping build the ultimate rewards ecosystem. For those who don't know we now reward in @BlockBustersTch which helps create the endless loop. 15% tax 9% BUSD 1% BNB 1% BBTF 1% charity 3% dev"
- Bryan Lawrence
Glow Token CEO
"Launch date announcement coming beginning of week 🔥"
"Our #GroveToken media team are always ready to: - Share the news! 📰 - Answer your questions 🤔✅ - Hang out and have a great time with the #GroveGreenArmy 🌍💚 Tune in and see for yourself!"