DAY 2 CONTENT!
"BLOCKCHAIN BASICS"
What is Blockchain? 🤔
Blockchain is a distributed ledger technology that enables secure, transparent, and tamper-proof transactions. It's the foundation of Web3 and decentralized networks.
Key Components of Blockchain
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DECENTRALIZED NETWORK: A network of computers (nodes) that work together to validate and record transactions.
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DISTRIBUTED LEDGER: A digital ledger that stores transactions across multiple nodes, ensuring data redundancy and security.
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BLOCKS: A group of transactions verified and linked together through cryptographic algorithms.
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CHAIN: A sequence of blocks, each linked to the previous one, creating a permanent and unalterable record.
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CONSENSUS MECHANISM: Algorithms that ensure nodes agree on the state of the ledger (e.g., Proof of Work, Proof of Stake).
Web3 Demystified: Your First Steps into the Next Internet Revolution.
WHAT IS WEB3
Web3 is the next generation of the internet, built on blockchain technology, decentralized networks, and token-based economics. It's a paradigm shift from the traditional web (Web2), which is centralized, controlled by a few corporations, and relies on intermediaries.
KEY CHARACTERS OF WEB3
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Decentralized: Web3 operates on decentralized networks, such as blockchain, where data is stored across multiple nodes, rather than a single central server
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Blockchain-based: Web3 utilizes blockchain technology to enable secure, transparent, and tamper-proof transactions
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Token-based economics: Web3 introduces token-based economics, where tokens incentivize participation, facilitate transactions, and represent ownership
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User control and ownership: Web3 empowers users to control their data, identity, and digital assets
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Decentralized applications (dApps): Web3 enables the creation of decentralized applications (dApps), which run on blockchain networks and offer greater security and transparency
I recommend looking at METAVERSE & GAMING tokens again
These tokens are down 99% from ATH
Jeeeeeez😱
Even markets go down, you will stay $SOCIAL 🚀 It is time for the SOCIAL Summer Content Campaign!
🌞Share your best summer moments under the $SOCIAL Summer community in Phaver App.
Top 10 content creators win Phaver-Up NFTs and Phaver points! 🎉 Details 👇
📅: Aug 5th -11th
🏆 Prizes: 1st place: Phaver-Up NFT 2nd place: 15k points 3rd place: 10k points 4th-10th place: 5k points
BONUS: 1 Phaver-Up NFT for the best AI visual! 🤖✨
#SOCIALSummer #PhaverUp
Although $497 MILLION worth of crypto longs have been liquidated in the last 4 hours, I feel it's so over...
Buying more!
Join @phaver official @EDCON2024 $Social Summer Happy Hour with @BuildOnCyber in Tokyo tonight and learn what are we cooking together 👨🍳
Reg: lu.ma/x1ibdnfu date : July 30th 18:00~21:00 Venue : Lava Lounge
🍤 Community Partner: @0xKekkai DenDekaDen.phaver @JpCointelegraph
Say Cheese! 📷📸
📸 $SOCIAL SNAPSHOT TIME 📸 #Phairdrop has been a great success with 160k eligible users. To allow more people to qualify we also added an extra 65M tokens 🎉🦄 Another 30M will also be shared among all Supergraph posters between now and TGE, read more below 👇
Bonus 30M airdrop 🎁:
- Post daily on Supergraph (Phaver+Lens+Farcaster) to earn $SOCIAL ✨
- Bonus based on your share of total daily posts, only one per day counts 📈
- Even users who didn't qualify for Season 1 can earn the bonus 🔥
- Phaver-Up holders: 🟦+50%, 🟥+75%, 🟪+100%
Starting tomorrow, check your Season 1 eligibility @ www.phairdrop.com by entering your username. Snapshot was taken based on yesterday’s earnings and only one account per user qualifies. Phaver TM won't ask for your wallet anywhere, stay safe from scams.
Last week, I came across a tweet of someone that lost over $150K to a came and this week again, someone lost about $60K to a hack. It could be you tomorrow if you don't learn how to stay cautious and avoid mistakes that can compromise your wallet
Here's a guide on wallet guard to help you stay protected, decect phishing links and avoid scam approvals
🧵
Go to dashboard.walletguard.app/?
Connect your wallet Click on "Verify" complete captcha, sign wallet and verify Scan your wallet to see your wallet health. Install extension app!
🎉✨ I just hit Level 3 on Phaver! 🌟
A huge shoutout and heartfelt thanks to the amazing Phaver family for all your support! 🙌 Your Phaves and likes on my posts have been incredible and truly appreciated. It’s because of your encouragement and engagement that I’ve reached this milestone.
I’ll continue to bring quality content to our awesome community. Let’s keep growing and thriving together!
Thank you, everyone! 💙
#PhaverFamily #LevelUp #Grateful #KeepCreating
