Exploring Liteverse.io: The first NFT marketplace on the Litecoin network with my first collection dedicated to the Mighty Mia Event #dancingforjoy + Quick Sign up and funding tutorial

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As one true OG  Litecoin   enthusiast, I wanted to test the site, or better, the NFT marketplace  Liteverse.io  since its launch in 2022. At first, I claimed Litecoin Summit collectors NFT. But, for several reasons, the test of minting my first NFT got a bit delayed. But now I finally have the time and the need to make use of it for a larger cause. I am sad I procrastinated a little. As it would have been a great honor to be the first one to give it a try, but given my lack of technical skills to use just code to mint outside of a marketplace, waiting was a great idea since the site is super user-friendly and it's quality has improved considerably. I would say Liteverse.io is ready for the mainstream. Minting on it or acquiring an NFT on the Litecoin network is now a Piece of cake! In this article I will describe my experience, the reason why my first series of NFTs was created, and most importantly the advantages and disadvantages of creating an nft (Non-fungible To...
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Crypto Dictionary: The Basics according to Oxford Dictionary

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It is very easy to find crypto related words and definitions on Wikipedia. However the definition itself is only completely accepted worldwide, by major institutions, once it has been added as a word to the Oxford Dictionary. So I gathered some few simply words that only exists today because of Bitcoin. Definitions that have already been added to the Oxford dictionary and that will probably be recorded in history forever.

1. Cryptocurrency: A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

EX: ‘decentralized cryptocurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation’
Origin: Early 21st century from crypto- + currency.

2. Bitcoin:  A type of digital currency in which a record of transactions is maintained and new units of currency are generated by the computational solution of mathematical problems, and which operates independently of a central bank.

EX: ' if you want to buy something using bitcoin you need to make sure the seller accepts the cryptocurrency’


3. Blockchain: A system in which a record of transactions made in bitcoin or another cryptocurrency are maintained across several computers that are linked in a peer-to-peer network.

‘we can actually have a look at the blockchain and see evidence of what's going on’

4. Cryptography: The art of writing or solving codes. 

5. Satoshi: “A satoshi is the smallest monetary unit in the Bitcoin cryptocurrency, and is named after Satoshi Nakamoto, the—probably pseudonymous—developer(s) of Bitcoin.”

And for now that is as far Oxford dictionary goes when it comes to Cryptocurrencies and blockchain technology. They fail to mention the definition of Litecoin, Ethereum or the word alt-coin and stable-coin itself. So I did not even attempt to go much further as those two seam to be the most popular ones in the market today. Luckily they did not try to define Bitcoin Cash either. On another note I did find the meaning for computing Fork which I thought was quite nice: Split (a process) into two or more independent process. Hope one day they get to distinguish between a soft and a hard fork.

One of these days I will make sure to add  more popular definitions that we often use when talking about crypto in the real world. There are certainly many words, terms and slangs that are now part of our popular culture.


All my best,
MamaeCrypto
By: Michelle Mafra (MamãeCrypto)
Mamaecrypto.blogspot.com
www.mammycrypto.com
Youtube: @Mamaecrypto
Twitter: @Miximports
Facebook: @Mamaecrypto
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Steemit: @Mamaecrypto
Creary: @Mix

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