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SafeMoon Lowdown (November 28th, 2022)

Updated: Nov 29, 2022



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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

Stats | SafeMoon Partners | Reminders


MoonCast Recording

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!


Community Content

Spaces

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!


Images

Spencer


"Team work makes the dream work #SAFEMOON"

Gli7ch


"Absolutely humbling, a year ago I opened my Twitter account and was adopted by the #SafemoonFamily In Feb l met @GOTTI_MProtocol @LemmeHollyatU @DreamingDeFi and many others in Las Vegas. It’s been nonstop since then. Thank you everyone for being a blessing in my life"

Troy Smothers BBTF COO


Safemoon Engine


Thoughts

"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 🌌"

- Gandalf


"Remember, you have been criticizing yourself for years and it hasn’t worked. Try approving of yourself and see what happens."

- Burly Monk

Blockchain Education

Top 6 Most Popular Crypto Scams In 2022

Image: Shutterstock

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

2. Ice-Phishing

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.


Blockchain News

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!


SafeMoon Stats


Have you voted today?

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SafeMoon Partners

Glow Token

"🚨3 Days Left!!🚨 Only 3 days left to vote for the November charity poll. Head to the Glow Token's Charity Poll and cast your vote!"

- Glow Token


"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


Shido Finance

"Launch date announcement coming beginning of week 🔥"

- Shido


Grove Token

"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!"

- GroveToken


Are you interested in becoming a Token Partner?

To apply, simply visit SafeMoon.com/apply.


Partner Information:

For more information on all our partners, visit SafeMoon's Partner Portal.

 

Reminders


SafeMoon Pulse

SafeMoon's Monthly Pulse Article and video are live! If you haven't checked them out yet you can view both the article and video by clicking the image below.
⇙October 2022 Monthly Overview ⇘

 

Tokenomics Supervisor

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.
"Our recent updates to the #SAFEMOONSWAP have seen the launch of the SafeMoon Tokenomics Supervisor. Curious?🤔Read more about it in this shiny new 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:
Token Registration
Token SWaP

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!
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Recent MoonCasts

Pawthereum

Intro & Disclaimer | Agenda | Orbital Shield Beta | Pawthereum
Orbital Shield Beta Feedback | Wrapping Up

Rare FND

Intro & Disclaimer | Agenda | 7 Rules of SafeMoon
Rare FND Interview | Orbital Shield

Mirror Protocol

Intro/Disclaimer | Agenda | BBTF Interview | Orbital Shield Update | Mirror Protocol
Delivery Season

MetaMerce

Intro | Disclaimer | Agenda | Gandalf’s Promotion | New Careers Listings | Community Q&A
MetaMerce Token | MetaMerce Q&A | Outro

 

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 Education - Wallet Update

The SafeMoon Education team published an article on the most recent Wallet update adding the Avalanche Chain to the SafeMoon Wallet!