Greetings SoMee Family Today I will be teaching STABLECOINS. It's a topic you must be familiar with but there's always something to learn 1. WHAT ARE STABLECOINS? One thing that makes me like the Crypto world, is that most of its related terms are self-explained. Just like most crypto terms, stablecoins can be easily defined as stablecoins. In a more professional manner, I would define stable coins as a crypto asset that was created in a specific way that makes them far less volatile and unstable when compared to other cryptocurrencies. Using a commonly used term I would say stablecoins are usually pinned or pegged to an external asset, for example, the famous USDT is said to be pegged to an external currency the USD, This helps the Crypto market strive for a great height. Stablecoins are very important because it's used to perform a special skill in the crypto market. 2. Why were stablecoins created and how are they useful? The stablecoins give the market a structure and format in which transactions would occur on the market, this is what other coins can't assure you. Stablecoins also help reduce chances of losing your money accidentally, for example just imagine there were no stablecoins and someone wants to send money into his Crypto exchange. This user doesn't have a coin in mind to buy but she wants to credit her crypto wallet, if this user buys a volatile coin, in the next 1hour the worth of the user's money would definitely flutate and cause a big loss to this innocent user. 3. What are the most popular stablecoins? Which do you use more and why? 3a. HBD (Hive-Backed Dollars) 3b. USDT 3c. BUSD Thank you all I hope you enjoyed this lecture. See you tomorrow. #SME #SoMee #AweSME #someeofficial #crypto #stablecoin #learning #trading

Blue or Red pill? #somee is mooning there's little time for accumulation before millions of users join in don't wait for dip before you buy use every opportunity to buy more and hold? #awesme #bitcoin #buy #sell

Earlier this week, #ChatGPT users noticed a bug that enabled them to view the chat history titles of other users. Friday OpenAI disclosed the possibility that the same glitch may have exposed payment-related information.

Greetings SoMee Family Today I will be teaching you the difference between an exchange and a wallet 1. WHAT IS A WALLET? A wallet is a case or safe that could be digital or physical, and used to store assets, information, or valuables they are basically two(2) types of wallets i. Cold wallet Ii. Hot wallet A hot wallet is a wallet that is connected to the internet or could be called a digital wallet and vice versa, a cold wallet is a wallet not connected to the internet 2. WHAT IS AN EXCHANGE? An exchange is a platform where currencies are being traded for another, in the place of cryptocurrency, it's a place where cryptocurrencies are being traded from one currency to another It also reflects current market prices and can convert from one coin to another as the user wishes 3. DIFFERENCE BETWEEN AN EXCHANGE AND A WALLET 3a. Just like I explained above, the wallet offers high security since it gives your private key to you and is not accessible by anyone or even the organization, in the same vein, the exchange can also access your private key and you be hacked if mismanaged 3b. The wallets can not perform operations like buying and selling cryptocurrencies, but these operations can be carried out on the exchange platforms 3c. The wallets do not need a KYC registration of users, unlike the exchanges that need user identification to create a verified account. I hope you learned a lot, no knowledge is a waste. #AweSME #SME #SoMee #someeofficial #crypto #upvote #trading #learning

Coinbase have been looking for alternative route to counter SEC and their staking policies of not allowing investors/validators to stake considering staking activities are not recognized means of making profit, Coinbase has introduced an on-chain staking service where it users can use other relevant blockchain to earn staking reward from protocol. #awesme #somee #crypto #staking [Image source](https://www.instagram.com/p/CqJoXz-vJNz/?igshid=YmMyMTA2M2Y=)

Do you think we will reach the 5M users by the end of June? If so what do you think the price of SME will be?

Greeting SoMee Family I know we all love this platform so I will give us 3 ways we can help this platform and token rise. 1. Always power up all or some of your tokens to keep the upvote power high and keep the liquidity stable 2. Invite a friend, just like the hive and steemit, we need more users, and if we don't tell them how amazing and better SoMee is how will they know? 3. Stay active, make friends, and spread love. Have a great day #SoMee #AweSME #SME #someeofficial #crypto #upvotes

Telegram on Wednesday announced a new feature for users to make USDT transfer to other users, it support TRC-20 USDT third largest cryptocurrency by market capitalization, this is a pretty good feature crypto industry are always make task easier for users by increasing adoption with its simple to use features. #awesme #crypto #somee #wallets [Image source](https://www.instagram.com/p/CqIlHKeswse/?igshid=YmMyMTA2M2Y=)

Greetings SoMee Family Today I will be Teaching About the Solana Blockchain. 1. ABOUT SOLANA BLOCKCHAIN: Solana could be backdated to 2017 when Anatoly yakovenko, Eric Williams, Greg Fitzgerald inclusive others detailed a whitepaper detailing the functionality of the Solana blockchain based on the proof of history (PoH) which we all know and see as an advancement of the proof of stake with great features like processing over 700,000 transactions per second and solving further scalability issues. Solana is seen to be an open-source project which is very functional and utilizes a new seamless and highly scalable layer-1 blockchain. The structure of this blockchain allows for the facilitation of smart contracts and further enhancement of smart contracts spreading into decentralized finance networks as well as NFTs to work with 2. PROOF OF HISTORY(POH): This blockchain network works through the Proof of History (PoH), a series of calculation works that affirms the taking-place of an event at any point in time on the network. The network makes use of the Tower Byzantine Fault Tolerance (TBFT)to improve security and more efficient validation of transactions on the network. Getting consensus is more so, another important function of the tower's byzantine fault tolerance. The Solana native token is seen as the SOL token which allows for user staking as well as governance on the blockchain as well as transfers of value. 3. Early Solana's shortcomings Every great blockchain would surely have one or more weakness at the beginning but then it's left to them, to work on it and the Solana blockchain isn't an exception to that. There were early shortcomings in the Solana blockchain and they included that : 3a. Firstly the blockchain due to its reputation of solving the blockchain trilemma got so many tongues wagging, that it had weak security since it hadn't faced serious challenges like other big blockchain networks like bitcoin but in the midst of this, the blockchain network makes use of the proof of history protocol to keep the blockchain optimum secured 3b. There were also rumors/challenges of the Solana blockchain being centralized since over 60% of tokens are owned by shareholders and owners of the project but all financial events and transactions on the network, take place with the SHA256 function. I hope you learned about the Solana blockchain today. Don't forget to upvote, comment and share with a friend #AweSME #SME #someeofficial #SoMee #crypto #trading #upvote

Seems crypto isn't the only digital currency with interesting times ahead, centralized digital currency CBDC might not be having easy adoption flow as Florida Governor Desantis will be imposing law that will protect Florida customers and business users from adopting CBDC, the fun Is just getting started I guess. #awesme #somee #crypto [Image source](https://www.instagram.com/p/CqDbvvJMswJ/?igshid=YmMyMTA2M2Y=)

greetings everyone Today I will be lecturing on the ERC 1155 Token, If you are interested in learning how NFTs work, this is the foundational course. The ERC 1155 token could be seen as a major token with roots in Ethereum The lesson unfolds light on ERC-20 and ERC -721 tokens and we can reconcile this to the ERC 1155 because they can behave like the previously mentioned tokens or serve as both at the same time. This percept produces an intelligent planned network that can manage any amount of fungible and non-fungible tokens. The lesson gives formats on the structure of the tokens and the same is applied here with the ERC-1155 token better explained in its derivation as EIP ie Ethereum Improvement Proposal from the nomenclature EIP- 1155. There were necessities leading to the installation of these tokens since there were limitations to what the ERC-20 (fungible tokens ) and the ERC-721 (non fungible tokens ) were since they embody both features. For instance, the ERC 20 had a problem in the organization of transfers and brought huge undeniable losses when users made wrong transfers and the ERC-721 with identification issues therefore the ERC-1155 token was installed to help out with the shortcomings of these already existing tokens. These already existing tokens were also unable to work with each other and so functions that needed both of them could be better solved with ERC 1155 which offers both features and leaves a very secure platform. We could also refer to the NFT ENJIN that uses this token for service operations #AweSME #NFT #SoMee #someeofficial #SME #

Greetings Everyone Today we will be talking about Staking, Delegated staking and impermanent loss 1. WHAT IS STAKING The concept of Staking is seen in this lesson which is based on the Proof of Stake mechanism on the consensus protocol. Here we see Staking as a system of locking assets over a period to generate interest and get benefits. We see this aspect as diverse assets could be blocked from investors' control or not blocked at all and in other words making profit levels different. 2. What is Delegated Proof of Stake (DPoS)? Under the shadow of Staking where we see the Proof of stake, we have the delegated Proof of stake mechanism seen as a system that operates with a delegatable kind of mechanism making the process more democratic. It could be seen as an Innovation of the Proof of Stake concept where users of the network vote and elect to activate the next block in the network. Here delegates are considered, block producers since they are the owners of the choices as to which blocks are produced next and vice versa. Reduced numbers of delegates are chosen from 20,25 even up to a hundred and making the block delegates different and not just in order. The major catch of this process is the reward given to delegates who stake their share of their fees of the validated block in the delegate pool which is successful. The rewards are shared based on each user stake ie what percentage you stake is your percentage reward The first holding of DPOS was by former EOS Chief Technology Officer Dan Latimer who initiated the first algorithm on the decentralized platform of the renowned Bitshares in 2015, while whole numerous exchanges now use the DPOS 3. What is Impermanent Loss? The relation of an Impermanent loss to this work could be seen as when a trader stakes his assets and a volatile fall in the market happens beyond his asset value, there is said to be an impermanent loss. An impermanent loss could be seen as a situation when a trader ie the liquidity provider incurs a loss of his /her assets due to volatility in a trading market. #staking #SME #AweSME #someeofficial #SoMee #crypto

Wondering what will happen when #Somee will have 57% of the Facebook user base ....🕺🕺👯 #Somee #SME #BTC #CRYPTOLOVE

Small buys increase the evaluation of SME. Users with 40M+ voting power are making $2.50 a like right now. Keep powering up for financial freedom through social media. Once liquidity is added into the equation into BSC and Polygon and those tokens are in the mix. The evaluation of SME tied to BSC and Polygon Entertainment tokens will push up SME. SME's value is now tied to BSC and Polygon Entertainment tokens creating a more stable economy. Plus the power up voting packages sold a percent 40-70% goes to SME buy backs and then those tokens bought back are either locked up to accumulate more voting power to be sold or burned. Do you realize what that will do for the token economy? MOON! There will come a point where there will be very little tokens on the market as most will be powered up for voting power and more rewards!

U.S Federal Reserve will likely be rolling out a new FedNow payment system an alternative to Centralized digital bank currency (CBDC) this July it aims to solve instant payments services for users. #awesme #somee #crypto [Image source](https://www.instagram.com/p/Cp-67MqIW6y/?igshid=YmMyMTA2M2Y=)