“When I first learned that you pay anyone anonymously across the internet with no fees, I was searching the pants off of google for a working link.” — SWIM
In 2005, this is what it looked like to set up a blockchain wallet.
So you want to crypto, eh? Well you must frist understand that your “wallet,” yup, your digital “wallet,” is your passport to the cryptoverse. Lose that, and you’re screwed.
Your wallet’s private key cryptographically signs everything you do on the blockchain. It’s like your signature. You become the only one who can act on your behalf.
Day 1: Private key hygiene
I found a sweet app called Trust for iPhone and for Android that lets your keep your private keys secure on your phone. On the computer, I use Metamask for Chrome and you can download the official Ethereum wallet. Make absolutely sure to back up your private key in multiple safe locations.
Step 2: Moving $$$ into your wallet
If you’re interested in trading on cryptocurrency exchanges and markets, chack out Radar Relay, a project by a good friend of mine.
Step 2.5: Decentralized apps.
The most interesting part about blockchain (in my opinion) is the opportunity to decentralize networks, location services, social media, chat, impact investment, organizations, and communities. The decentralized internet puts its users in control of their private data, their content, and their currency. It usurps the power weilded by mega-corporations and tech giants that monetize your data and attention.
Cryptography isn’t all business though. Cryptokitties is a game where you breed and trade cryptographically unique kitties.
Step 3: Get a job
This week, I’m ommiting links and instead pointing you towards the Facebook page which is where I’ll be sharing all kinds of interesting news and developments from the emerging tech world!
How will you use your new crypto powers?
This has been the third issue of The Resilient Review.
This newsletter, as a fizzy-bubbly work-in-progress, is open to tips, corrections and notes of affection.
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