BLOCKCHAIN FOR NEWBIES
So you’re ready to buy some cryptocurrency. Maybe you’ve been reading up on Blockchain technology and you’re convinced it really is the future. Or maybe you watched a friend get rich off Bitcoin and you’re still kicking yourself for not doing the same.
In this guide, we are going to explore what it takes to be a bitcoin developer. The fact of the matter is that Bitcoin and Blockchain technology, in general, is the hottest topic on earth right now.
As developers, we like to believe in a consensus layer that takes care of all the hard distributed systems problems and lets us write applications. Miners live in the consensus layer, doing whatever it is miners do. Developers live in the application layer with the smart contracts: elegant programs that run perfectly forever on the Ethereum Virtual Machine (EVM). Our dApps interact with an eternal ethereal computer and rely on its integrity.
Recently the founder of something called Ripple briefly became richer than Mark Zuckerberg. Another day an anonymous donor set up an $86 million Bitcoin-fortune charity called the Pineapple Fund. A Tesla was spotted with a BLOCKHN license plate. There’s a surge in people looking to buy Bitcoin on their credit cards. After the Long Island Iced Tea company announced it would pivot to blockchain, its stock rose 500 percent in a day.
At 1confirmation, we evaluate all new projects based on 4 simple fundamentals that we think drive the long-term value of any token-based project: team, product, community and token mechanics. A project must be exceptional in all 4 categories for us to pull the trigger on a new investment.
EOS Blockchain is aiming to become a decentralized operating system which can support industrial-scale decentralized applications.