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simplestack
crypto
2y
!
Low reputation account with an unverified outbound link, Reveal content
What is a Cryptocurrency? (ELI5 with a fantasy story)
Imagine a special kind of money that only exists for the people and by the people. It’s called cryptocurrency.
$ 0.000
1
simplestack
proofofstake
2y
!
Low reputation account with an unverified outbound link, Reveal content
What is Proof of Stake? (ELI5 with a galactic story)
Imagine a galaxy with a gazillion people! (a lot…).
$ 0.000
1
simplestack
blockchain
2y
!
Low reputation account with an unverified outbound link, Reveal content
What is a Blockchain? (ELI5)
Imagine a giant, super-secure book that everyone in a club gets a copy of. This book is called a blockchain.
edicted
LeoFinance
3y
ELI5: Bitcoin Mining for Dummies
Everyone has to start somewhere.
statist1c
denet
1d
Published via Ecency
Promoted
DeNet Storage
🚀 Turn Your Storage Into an Opportunity with DeNet! 🌐 Discover DeNet Storage — a decentralized storage platform powered by Web3 technology. 💰 Explore the DeNet Distributor program and its referral
felixxx
eli5
3y
ELI5
Explain Like I'm 5
felixxx
hive
3y
Water In A Bucket
Trying to explain what is draining Hive in ELI5 format.
danokoroafor
Hive Learners
4y
The Many Benefits Of Getting Kids Involved In Community Service
Community service is a great way to get your kids involved in giving back to the community.
finguru
Hive Learners
4y
Published via Ecency
How To Teach Your Kids About Cryptocurrency?
A friend in my society approached me to solve a unique problem for him. He wanted me to teach his 12-year-old son about cryptocurrency. The little fella was interested to buy an NFT after seeing some random
hirohurl
alive
3d
Promoted
Iroha Karuta 22: Life has its ups and downs!
Two karuta decks offer two different visual interpretations of the same Japanese proverb
jerrythefarmer
LeoFinance
4y
ELI 5 - DAO Funds Explained Like You Are Five
DAO funds have been around for quite some time now but their popularity seemingly skyrocketed during the 2021 bull run. Some of them are only taking shape while others have been around for almost a decade.
jerrythefarmer
LeoFinance
4y
ELI5 - Blockchain Forks Explained Like You Are Five
If you get into blockchain you will certainly hear a lot about forks. For most people understanding this term and phenomenon is not as easy as it looks but this #ELI5 post should help you wrap your head
jerrythefarmer
LeoFinance
4y
ELI5 - Lending Protocols Explained Like You Are Five
In yet another #ELI5 explainer we will be discussing lending protocols. If you used DeFi you probably came across one of these. Here is your chance to understand why we have them and why we will need them
jerrythefarmer
LeoFinance
4y
ELI 5 - Airdrops Explained Like You Are Five
In an attempt to contribute to the @leoglossary project I spoke to @taskmaster4450le and we both concluded that adding an #ELI5 post to the existing explanations in the glossary would be a good idea. If
idea-make-rich
Shadow Hunters
2d
Published via Ecency
Promoted
👉 Guess The Shadow Contest - Round 118
Namaste🙏, Shadow Hunters family! 🎺 Announcement 🎺! Guess The Shadow Contest Round-117 is now closed. Winners will be announced and rewards will be given within the next 24 hours. Guess The Shadow Contest
jerrythefarmer
LeoFinance
5y
ELI 5 - Automated Market Makers (AMM) Explained Like You Are Five
Every DeFi user has interacted with an AMM at least once. Uniswap, Sushiswap, 1Inch... All of these exchanges are actually automated market makers but how do they actually operate under the hood? It is
jerrythefarmer
LeoFinance
5y
ELI5 - Lido Finance ETH Staking Explained Like You Are Five
ETH 2.0 is "around the corner" and many crypto investors are willing to jump on the staking train. The only problem is that you need 32 ETH to run a validator node but with Lido Finance that
jerrythefarmer
LeoFinance
5y
ELI 5 - PolyCub Bonding Explained Like You Are Five
While reading through the comments on PolyCub-related posts and seeing what people are saying in Discord, it seems that bonding is not so easy to understand and that is exactly why we need to break it
jerrythefarmer
LeoFinance
5y
ELI 5 - DeFi Bridges Explained Like You Are Five
Now that we have covered Decentralized lending platforms and Blockchains we can slowly start exploring decentralized finance even further, this time with DeFi Brdiges. What Are DeFi Bridges? A DeFi bridge
cleothlove
Liketu
2d
Promoted
Domingo
Hola buenas tardes como estan mi gente.
jerrythefarmer
LeoFinance
5y
Blockchains Explained Like You Are Five
Alright class, I know that we started with a tough subject like DeFi lending platforms but I figured that we can't go any further before we understand the technology that is powering that mess we call
jerrythefarmer
LeoFinance
5y
Decentralized Lending Platforms Explained Like You Are Five
Alright, people, it's time to kick off the #ELI 5 content on Leofinance and Hive and we will start with a question from @forexbrokr - How much money can I borrow using DeFi? To know the answer we must
jerrythefarmer
LeoFinance
5y
Introducting #ELI5 On Hive and LeoFinance
After thinking about it for a few weeks now I think it's time to enrich Leo and Hive with some easy-to-read content that anyone can understand and consume in a few minutes. If you aren't familiar with
ryzeonline
tutorial
5y
Crypto + Blockchain Guide For Beginners (w/ 9 Doodles!)
The simplest crypto & blockchain explanation I've seen.
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