1/ The more I read about what @billbarhydt and the @AbraGlobal team are doing, the more I'm impressed by their ingenuity. I regret I haven't looked into their project sooner.
Here are the basics: 1. non-custodial and #d14n exchange 2. multi-sig 3. smart contracts
2/ Decentralized Exchange:
Abra is a non-custodial decentralized exchange. That means they don't own your private keys or hold your coins. When you log into the app, they give you seedkeys which you MUST write down. This is the first half of the 2-2 multisig.
Abra is the 2nd partner. When you deposit LTC and trade for a coin, you sign your 1/2 of the tx to Abra. Your LTC is now locked. When you cash out, they sign their half of the tx and send back to you your gains/losses. Abra covers the spread. abra.com/blog/crypto-fi…
Some great questions from @tpflug on #cryptocurrency that I thought others might also be asking... And, in this thread, I'm going to try to answer them...
Why care about crypto?
What can we do with them?
So much fraud & wasted energy: what am I missing?
Why care about #cryptocurrency?
Crypto-currency is to banking, payments and (soonish with Atomic Swaps) currency exchange – as the internet was to high-street retail, music buying, movie rental and more. It's going to change these industries. It's already beginning to change them
We have to treat cryptocurrency now as we did the internet in the 1990s to early 2000s – a new technology, a new paradigm, a game changer but we're still exploring. Like when the dot-com bubble burst, the entities that survive will be the ones that matter. The ones people trust.
For any of my cryptos, it does look like we have a bearish pennant that i drew last night and it blew threw 50% fib, next test, 61%? Also 2 symmetrical triangles that I numbered, with repeating patterns 🤔 what could that mean.. #ltc#litecoin#btc#bitcoin#RoadTo4k
lowkey y’all should listen to me.. i’m no genius BUT i’m pretty damn smart when it comes to this shit.. #btc#bitcoin#ltc#litecoin
another nightly update on the situation i talked about before. We are going to keep going down to the .61 fib mark, around 7.8k! people should listen to me 🤷🏻♂️ #ltc#litecoin#btc#bitcoin
What coin is better and would be bigger than bitcoin in the next 2 years . The thread starts here . Please retweet and the first post and follow to show appreciation #Bitcoin#Ethereum#Litecoin
1. While the information presented in these tweets has been researched and is thought to be reasonable and accurate, any cryptocurrency investment is speculative in nature
2. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance
I do not guarantee any rate of return or investment timeline based on the information presented herein.