Hello, I'm Luis, a blogger related to cryptocurrencies, Airdrop and New Projects in the different networks. I am from Venezuela. I'm going to make the posts easy to understand. Let's study, analyze all together and make a win-win strategy!
  • Cryptocurrency at Casa
  • Lives in Charallave
  • From Charallave
  • Studied Universidad at Tecnico Superior Universitario em Construccion Civil
  • Male
  • Single
  • 16/12/1988
  • Followed by 25 people
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  • #Welcome to my space, my name is Luis Rey, I am from #Venezuela.

    I hope to make myself known through this #social network, through my articles.

    A brief description of myself:

    Higher #University Technician in Civil Construction - #Engineer Assistant (I have not exercised my profession for 3 years)

    Digital Entrepreneur in cryptocurrencies (currently)

    In my space I will be publishing information on the subject of cryptocurrencies in general: #airdrop, #news, #pre-sale, #test among other things

    I am getting started in this world, thanks to several acquaintances who have mentioned to me how interesting publications in this medium are.
    #Welcome to my space, my name is Luis Rey, I am from #Venezuela. I hope to make myself known through this #social network, through my articles. A brief description of myself: Higher #University Technician in Civil Construction - #Engineer Assistant (I have not exercised my profession for 3 years) Digital Entrepreneur in cryptocurrencies (currently) In my space I will be publishing information on the subject of cryptocurrencies in general: #airdrop, #news, #pre-sale, #test among other things I am getting started in this world, thanks to several acquaintances who have mentioned to me how interesting publications in this medium are.
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  • Potentially dangerous stablecoins.

    Because of the downtrend in #cryptocurrencies and the challenging global environment, #people are increasingly thinking about which #assets are really safe and which cryptocurrencies are potentially dangerous. Which stablecoins should not be used and why?

    There are a total of 2 types of #stablecoins by type of management: #centralized and #decentralized.

    1. Centralized Stablecoins.
    Concept: in theory, companies that maintain centralized stablecoins hold a reserve of the underlying asset, issue a corresponding number of blockchain-based tokens, and fully manage the viability of the #tokens.

    Example: #USDT, #USDC, BUSD, TUSD.

    ? Disadvantages:
    — In practice, there is no dedicated authority to regulate the number of tokens we issue (unregulated printing press).
    — Risk of manipulating their reserves and audits to issue unsecured tokens.
    — The risk of your funds being cancelled or blocked by the issuer (the company issuing the tokens).
    — You do not actually own your funds.

    The obvious disadvantages of centralized stablecoins prompted developers and entrepreneurs to create decentralized stablecoin systems.

    2. Decentralized stablecoins.
    Concept: by using #algorithms to regulate the price, a stable crypto-asset is created without the involvement of fiat currencies and the need for a connection to the traditional financial system, but at the same time the rate of stablecoin corresponds to the stated rate.

    Example: #DAI, sUSD, USDn.

    Pros of decentralized stablecoins:
    — Stable crypto-assets without the involvement of fiat currencies and the need for a link to the traditional financial system.
    — Decentralization.
    — Not subject to a single issuer and regulators.

    In short, your funds cannot be controlled by any authorities, and accordingly, you don’t have to worry about blocking, canceling your funds because they are under your control. Use decentralized #Stablecoins and be confident about tomorrow!

    ☠️ Potentially dangerous stablecoins.☠️ Because of the downtrend in #cryptocurrencies and the challenging global environment, #people are increasingly thinking about which #assets are really safe and which cryptocurrencies are potentially dangerous. Which stablecoins should not be used and why? There are a total of 2 types of #stablecoins by type of management: #centralized and #decentralized. 1. Centralized Stablecoins. Concept: in theory, companies that maintain centralized stablecoins hold a reserve of the underlying asset, issue a corresponding number of blockchain-based tokens, and fully manage the viability of the #tokens. Example: #USDT, #USDC, BUSD, TUSD. ? Disadvantages: — In practice, there is no dedicated authority to regulate the number of tokens we issue (unregulated printing press). — Risk of manipulating their reserves and audits to issue unsecured tokens. — The risk of your funds being cancelled or blocked by the issuer (the company issuing the tokens). — You do not actually own your funds. The obvious disadvantages of centralized stablecoins prompted developers and entrepreneurs to create decentralized stablecoin systems. 2. Decentralized stablecoins. Concept: by using #algorithms to regulate the price, a stable crypto-asset is created without the involvement of fiat currencies and the need for a connection to the traditional financial system, but at the same time the rate of stablecoin corresponds to the stated rate. Example: #DAI, sUSD, USDn. ✅ Pros of decentralized stablecoins: — Stable crypto-assets without the involvement of fiat currencies and the need for a link to the traditional financial system. — Decentralization. — Not subject to a single issuer and regulators. In short, your funds cannot be controlled by any authorities, and accordingly, you don’t have to worry about blocking, canceling your funds because they are under your control. Use decentralized #Stablecoins and be confident about tomorrow!
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