SafeMoon Lowdown (October 15th, 2022)

Updated: Oct 16


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SafeMoon Orbital Shield: Beta Update - Beta Testing Feedback | Partner Billboards Community Content: Twitter Spaces - KISS A Crypto Manifesto - Images - Memes

Food for Thought | Blockchain News: Mastercard - SXSW - TRON | Trending

SafeMoon Stats | SafeMoon Partners | Reminders


SafeMoon Orbital Shield

Beta Update

SafeMoon community member and beta tester Danology Tweeted,

"#SafeMoonOrbitalShield has a new update on Android to version 2.65

Patch Notes 👇"


What's new:

Always remember to have your recovery phrases written down and secured offline as best practice before proceeding.

  • Backend optimizations

  • Minor bug fixes

  • The stable version is always recommended for normal use.


Beta Testing Feedback

Beta testers are continuing to give SafeMoon and the community feedback on the Orbital Shield beta! The Otter let everyone know,


"I sent my first feedback on the #orbitalshield beta to @safemoon. Hoping that we can correct the few points that I noticed."


Benne887 asked,

"Are these notes more interface based or function based? I think that is something u can tell everybody without hurting any NDA."


The Otter clarified,

"Minor interface problem, I have no security skills to judge the robustness of the product."


Partner Billboards

Block Busters Tech told the community,

"Our Billboards are going up nation wide! Currently up in Charlotte, Vegas, Utah. More locations coming soon."


SafeMoon community member and Content Director of Block Busters Tech shared,

"First billboard spotted in the wild 👀 @DonBaileySpeaks @TroySmothers3 @LeetCoins #BBTF I have to say the safemoon style is legit ❤️‍🔥"


Community Content

Twitter Spaces

MetaMerce Founder Crypto Jedi Master and SafeMoon Education Manager Cats joined Glow Token's most recent Space!! You can listen to the recorded Space here.


Host of the SafeMoon Water Cooler Space Jeremiah shared,

"The Water Cooler is postponed today Friday 10/14 and will be back on Monday 10/17. @DefiMirrorMan is still not feeling well. Please keep him in your prayers ✨😎🙏✨"

We hope you feel better soon, Addict! ❤️❤️❤️


KISS A Crypto Manifesto

by u/Odd-Building4858


I heard some folks on social media earlier today state that Bitcoin and all Blockchains were phony bologna, that it was evil and could be gone tomorrow. I'm not kidding! What do you say when someone asks you to provide an opinion or personal perspective of cryptocurrency as it compares to the dollar? I mean, I'm not against the dollar. I like crypto much better but I definitely have both! I would never outright call the US dollar a hack, but fine -- whatever.

I gave the conversation some thought and mulled over.. I've gotta be honest. I was a little shocked at first. It had been a while since I had seen so many people --or robots, I thought-- in one chat room spreading misinformation about crypto in unison. I thought, "There's no way this is legit!!" They were talking about security like they knew better. I thought that it might just be an opportunity to meet some people. Sure enough, I did meet someone and I wasn't crazy about what they had to say about crypto's track record since 2009. This particular guy kept talking about Mt. Gox as if he was either there or it was the only thing with which he was familiar.

As for me, I know that money doesn't typically disappear from a random blockchain unless a vulnerability was found and exploited by some low level hacker. It isn't impossible but this is likely uncommon in carefully built systems and contracts. Transactions also cannot revert without special software and unique authorization from one or more parties. In most cases, transactions are one-way and once sent, there is no "undo" button. This is by design. The majority of times that I've seen or heard of a person losing any Bitcoin or cryptocurrency assets was due to human error, so I wasn't sure why he was framing crypto in this light, especially having to do with the exchange. I know security is on people's mind right now, though. So, in a way, I guess it made sense that he'd cling to Mt. Gox.

The comments section was littered with people who were afraid that the government can't track you with cash and that crypto would change all of that. I would have agreed with them if it were true but it was wasn't.

At first, I felt like my time was being wasted. I was over the cold comments. I was so excited about the SWIFT piloting blockchain that the only thing left I could think about was how cool it would be to track government forfeiture auctions. My head began to ring and in no time at all, I was flooded with thoughts about crypto. We all talked for a bit, probably about an hour. I figured I have so much chat history, I'd share it here, as well -- just in case anyone wanted to KISS.

That's an acronym for, "Keep It Simple, Simp!"

Back to basics -- you all can use any of this if you find yourself in a conversation with someone new to crypto and just wanna throw some language to save time.

Anyway, the Mt. Gox guy talked about data integrity and crypto a bit, touting a background in IT. I expected him to know that Blockchain ledgers are transparent and in most cases, immutable. He wasn't aware that data does not get modified or overwritten once it is finalized as an approved transaction. I simply told him that code is authority. I was surprised when he came back with a reply about centralized exchanges. So, I acknowledged him and guided the conversation to DEXes where I felt much safer to engage in the topic.

I was surprised that most people I spoke with didn't know that Blockchain generally offers greater security over users' funds when held on-chain, provided the appropriate education is provided and is made available to them. I believe that they found it interesting that these characteristics of blockchain and the way assets are attached is why it's so difficult for third parties to seize crypto assets over decentralized exchanges. Despite its reputation, it's generally more secure, I gather. Since I don't have anything to hide, the DEX has become my goto when I'm looking to stuff some money under the mattress.

Another benefit of crypto over traditional fiat is transparency on blockchain. You can see EVERY single transaction on the ledger. So many people have been duped into believing it's a horrible idea -- by the same people who seek to take advantage of those who don't understand it. The same people who would have us believe that Bitcoin will see the end of its day soon are likely accumulating cryptocurrency as the world defers to their misinformation.

Meanwhile, banks charge us to protect our money and they lend our funds to others as if that money actually belongs to them. Money, as a store of value, doesn't need to be backed by debt, yet the banks auction bonds to corporations. Fiat is backed by debt in the form of bonds, right? Fiat represents debt! Personally, I would prefer money be backed by tangible assets. Some cryptocurrency projects and blockchain companies are exploring that now. Not all blockchains share this mission and not all code is created equal.

Blockchain technologies offer benefits greater than facilitating transactions and record keeping and that was definitely a worthy point to drive home. Technically, you could create just about anything on the appropriate blockchain. It's important to understand the technologies and all the subtle differences between chains. I'm learning about that every day and am beginning to learn why they are designed to be so unique. They each have their own purpose.

I don't think the people in the comments or the chat section saw cryptocurrency as a part of blockchain technology or gave much thought to difference between chains. It's my humble opinion that folks need to understand that blockchain is ultimately technology. These are tools much like an ATM is a tool. If someone steals an ATM, we do not blame the ATM. We blame the thief, right?

So. . . We talked about fiat a great deal. The more he and I talked cash, the happier he seemed.. I think it's a bit silly, considering the relationship between the federal reserve the central banks.. Blockchain technologies don't need privately owned federal reserves or a central bank. (It doesn't matter if a CBDC exists or not. You aren't bound to that currency and they can't force you to use their preferred currency, I don't think). Why do you think they want to adopt blockchain? So that they can get ahead of you and accumulate digital assets before positioning cryptocurrencies as solutions to point of sale. I found it really interesting that a few people agreed with me; but I wasn't surprised since two had backgrounds in traditional finance. The other said he knew a lot about trading from his time in IT. It's the internet. So, I tend to not believe everything I read. Regardless of experiences, I wasn't afraid to voice my opinion.

I was polite and I told him that we don't need banks to hold our money. Why aren't we our own lenders? Why aren't we able to do what any bank can? .. Why do we need collateral or consumer credit to borrow? Guess what? With blockchain technology, we theoretically can do everything a bank does and more.

I explained that if built correctly, liquidity becomes less of an issue and we won't have to beg, demand, wait for our own money to become available to us or allow someone else to dictate how we spend it.

We don't need an inflationary and infinite supply of cash that continues to be printed in front of bonds, disguised as a store of value. I feel like it's a façade and we are ultimately outgrowing fiat. I didn't say it would be completely useless because I didn't want to lose my audience. I remembered that money is already mostly transferred digitally now across borders. That's what SWIFT does; It's an outdated system, though.

I think most people agree that the expansion of a regulatory framework to include an agenda that supports blockchain and cryptocurrencies should include proper definitions of modern financial services to protect its users. Proper oversight may ensure protection of consumers and hold entities accountable should they use that technology to hurt or defraud others as they have done in the past.

The younger gentleman said, "It's not the gun -- It's the person holding it." I agreed and said, "Yeah, same thing here but it doesn't have to be political," and we pretty much nipped that in the bud because I hate talking about politics online with people who are new to crypto since that's not what the core of crypto is about. It's quite the opposite, really. If anything, crypto empowers people through the evolution of technology as part of collaborative human workspace. If any technology is abused, the responsibility falls to human beings to make improvements and further the support of our financial ecosystems and economies all over the world.

Finally, I was getting somewhere.

Blockchain is technology and the wealthy would have us walking around, believing it's "a bad thing" so the top 0.1% - 1% of the world's wealthiest corporations, banks and tycoons transfer money from our pockets to theirs. It's not political. It's just greedy. I certainly don't want other people thinking about crypto in that light!

We can educate ourselves on blockchain technologies and the benefits -- or continue to think it is a hammer and everything is a nail. Blockchain offers a multitude of legitimate and potentially secure solutions that can be built and used to help virtually anyone across any industry. It can also be deployed with governance features so that its holders (retail) can vote on code revisions and update as agreed upon by a majority. It's completely transparent. You can do SO much with blockchain!! If only they knew!!

SWIFT wants to pilot blockchain for its scalability and lightning transaction speeds among other things. No doubt, they have their own motives but that doesn't make technology "bad."

I did say, "Blockchain doesn't care about politics. It doesn't care who you voted for. It doesn't care who is in office. It doesn't care about your feelings. It is not sentient. These technologies support optimization, reduce redundancies and drive impact across ecosystems under a cooperative human workforce."

I felt like we were having a really healthy conversation. Turns out, the main person I was talking to is from the same state as me and they live about an hour away. So, I might have made a new friend! We are going to hang out tomorrow and grab coffee; maybe talk about crypto. When I meet him, I plan on asking if he's heard of SafeMoon. I have a feeling he has, even though he doesn't know much about crypto. We can talk about some of my other favorite alts and discuss their technology as well. Overall, we turned a what-could-have-been a negative experience into a really positive one. I'm proud of that and figured I'd share my experience and some of my ideas and language in case you guys meet someone you don't know asks you questions about crypto.

People fear crypto. We are still extremely early. Even the mack daddy BTC is in its infancy.. Unfortunately, crypto still gets bad press and it is misunderstood by many who don't take the time to put in work and educate themselves on what blockchain can actually do for the world. Blockchain is the future.

SafeMoon is the Evolution.

'And sure.. Traditionalists might say, "Well, it can all be gone tomorrow." There is a greater chance that the dollar continues its slow rug pull on fiat. I mean, if you put money in the bank and leave it for 100 years, it may lose 90% of its purchasing power. The currency you hold in your pocket is the property of your government. Those who want custody of their currency can rely on Blockchain to provide that piece of mind because crypto is currently treated as property in many regions(not sure which other than my own. Please do your research because I'm not an advisor or an attorney).. I remember reading that Crypto assets in our possession are typically owned by the person holding it, whereas with fiat, You don't own government issued currency in your pocket or under the mattress.. It never belonged to you.

Crypto is different and is attached to tech that can accomplish so much more. This becomes more apparent when we take the time to understand the relationship between cryptocurrency and blockchain as well as the benefits and disadvantages.

Blockchain has a unique ability to provide cost effective solutions to new and existing infrastructure. It is customizable, reliable, faster, cleaner and stable with a unique ability to evolve ecosystems under human guidance. It doesn't care if you adopt it or not. It doesn't technically need you or want you, yet it is more organic than the systems we have in place for transactions across domains in SWIFT's already* digital monetary systems.

Sure, there is a lot of room to improve. Security varies from amateur to professionally built contracts. We can see indicators of past and existing vulnerabilities across multiple chains I've barely heard of, and also some popular chains.. We've seen it across multiple lending projects within the DeFi space, centralized exchanges like Mt. GOX! That's a pretty famous one... It could take a while to get it right and it will continue to improve over time. I think we owe it to ourselves to emphasize the importance of security and education. Speaking of which, I'm really looking forward to finding out what that security product from SafeMoon is all about. I'm dying to know more about the Orbital Shield product! I guess we will find out soon!

If you will, please do the world a HUGE favor by researching and learning more about blockchain technologies with me. Share the information you've learned with others who are open to exploring the rational. Being part of a respected and healthy community is a great way to meet others and share your experience. We don't have to give anyone financial advice. In fact, I do ask that you never EVER provide advice or take any information you read online as advice of any kind, just as this post is not advice, ok).

This is, however, a great opportunity to share what we've learned about modern financial technologies and explore some ways it might be used to inspire a better world.


Images

Gotti


Memes

Spyros


Food For Thought

Strength 💪 lies in tranquility 🧘‍♂️ Faith 🙏 lies in foresight 🛣️ Knowledge 🧠 lies in the meaning ☝️ Who can combine these 🙌 will be unbeatable in their own mind 🌌

- Gandalf


If you want to lift yourself up, lift up someone else.

- Booker T Washington

Shared by Live Crypto Party


The only way to predict the future is to create it. We here & still believe✨😎 La única manera de predecir el futuro es crearlo.Estamos aquí y seguimos creyendo💯

- Chela


Wherever you are, at any moment, try and find something beautiful. A face, a line out of a poem, the clouds out of the window, some graffiti, a wind farm. Beauty cleans the mind.

- Matt Haig

Shared by Rob Schram


Mistakes are a part of being human. Appreciate your mistakes for what they are precious life lessons that can only be learned the hard way.

- The Burly Monk


Blockchain News

Mastercard Focusing on 5 Key Areas to Turn Crypto Into 'an Everyday Way to Pay'

"Mastercard has outlined five key crypto areas it is working on in order to 'turn cryptocurrencies into an everyday way to pay.' A Mastercard executive opined: 'Someday soon, the ability to own and spend a digital currency could be as seamless as making a contactless card payment.'"


PanelPicker Preview: New Sessions from SXSW Tracks Including Tech Industry, Cannabis, Design and More

"Each year, SXSW calls upon its creative global community to help identify innovative new ideas and the visionaries behind them. The majority of Conference sessions are sourced and voted on by the SX community from PanelPicker®, along with input from SXSW Staff and the PanelPicker Evaluator Committee."


TRON Becomes Legal Tender in Dominica

"Leading blockchain network Tron has inked an agreement with the government of Dominica to make Tron-native tokens authorized digital currency in the Caribbean Island. Tron founder Justin Sun shared the milestone on Oct. 12, stating that Tron tokens, including TRX, BTT, JST, NFT, USDD, USDT, and TUSD, are accepted as a medium of exchange in Dominica."


Trending

The hashtag #safemoonwap was trending on Twitter! Thank you to Fabo for sharing 😊


SafeMoon Stats

Did you vote today?

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Did you vote today?

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SafeMoon Partners

Live Crypto Party

"'WE' are excited about what is in store for all of us, & what we have accomplished as a team🤝. 📌#LCP has ONLY 1 Billion supply. We're 🧑‍🍳 our 1st buyback & burn 🔥in style, & we'd be opening up more utilities soon 🎉"


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

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!

⬇⬇⬇


 


Recent MoonCasts

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

 

SafeMoon Pulse

Want to see all of what happened with SafeMoon in the month of September?
🎬 The SafeMoon Pulse monthly recap video is live!
Here's a link to the corresponding Pulse article.
As always we value your feedback. 🙏
You can post your comments here!
 

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!
Here is the link to the article.
 

SafeMoon Gaming: Rust

Are you a PC gamer?
Join the SafeMoon Gaming server to learn more about the SafeMoon Rust game server, officially launched on September 1st! 32 copies of the game are being given away throughout the month of September! Keep an eye out for more information!

 

pSafeMoon

If you are currently holding pSafeMoon, you won't be receiving reflections due to the SafeMoon V2 Migration. In this SafeMoon Education article, you will find a method in which a pSafeMoon holder will be able to migrate to SafeMoon V2.