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      "body": "Started small with crypto, mostly testing stuff out. Made a few dumb trades but learned fast. One day I needed quick cash and remembered I could [sell csgo skins instantly](https://skin.land/sell-skins/csgo/) on skin land. It felt nice having that option. Since then, I treat small side assets like that as a safety net, letting me hold longer in crypto without stressing every little market move.",
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      "body": "![Blockchain-based-smart-contracts.jpg](https://cdn.steemitimages.com/DQmTA8MK2TSYmxb3PhpB8KnYE9dB42oh8sJvR3JaJuKd6az/Blockchain-based-smart-contracts.jpg)\n\n\nSmart contracts are how transactions on a blockchain are executed without human intervention. These are software programs designed to run based on underlying conditions or criteria and are extensively used in the blockchain space to ensure seamless trading between two parties without intermediary involvement.\n\n<blockquote>So, what are smart contracts and how do they actually work? Let’s find out.</blockquote>\n\n<h2>What is a smart contract and why is it needed?</h2>\n\nA Smart Contract is a computer code written using a programming language and to execute automatically when a specific condition is met. The program contains rules and conditions for the execution of a specific transaction.\n\nIn the blockchain space, smart contracts are used to execute middleman-free agreements between trading parties. For example, a person looking to buy a car online on the blockchain will use a <a href=\"https://bscscan.com/token/0xc2be72d5e58fd9f001b91c28d596c2a7e3fb018b\">smart contract</a> to make the purchase agreement with conditions to execute once the payment is received by the seller. This ensures the transaction is performed without any middleman and is both secure and cost-effective.\n\nAs you may already know, blockchain works on the principle of peer-to-peer networking and operates without intermediaries. Smart Contracts are a very crucial part of the blockchain network, as they enable the network users to perform P2P transactions without intermediaries. By using a simple, written code, users can trade limitlessly and securely on the blockchain.\n\n<b>Benefits of smart contracts</b>\n\nThere are a number of benefits of smart contracts in blockchain. For one, they are designed to be executed automatically and do not require any external assistance. This further reduces the cost and time of transactions as well as increases security. This is one of the reasons why blockchain transactions are so secure.\n\nSmart contracts are high-level programming codes encrypted using cryptography. Also, because they are executed automatically, transactions on a blockchain are super fast.\n\n<h2>How smart contracts work</h2>\n\nThis is the most interesting part.\n\nSmart Contracts are similar to traditional agreements, where the trading parties define the various conditions and rules of the agreement. The only difference is that smart contracts are written using computer code and designed to execute automatically, unlike physical agreements that are executed by middlemen.\n\nThe conditions of the contract are written in statements like, if - then, and converted into a code that works on blockchain.\n\nThe contract executes automatically when the pre-set conditions are met or the statement is validated. For example, once the seller receives payment from the buyer, the car’s ownership will be automatically transferred in the name of the buyer.\n\n<b>Applications of Smart Contract</b>\n\nThough smart contracts can be practically used in any industry where transactions or trading are performed, they are most commonly used for financial transactions, payments and various other transactions where security is a major concern.\n\nFor example, the <a href=\"https://libraecosystem.com/\">Libra Ecosystem</a> is a new-age e-commerce system that allows users to pay in cryptocurrencies for their online orders. The platform uses blockchain smart contracts for middlemen-free and trustless execution of transactions between buyers and sellers. This not ensures e-commerce transactions and payments are performed quickly and at a much lower cost but also it helps strengthen communication between brands and their consumers. Moreover, blockchain-enabled smart contracts will bring transparency to e-commerce transactions as well as provide a better way for customers to get quick resolutions of their concerns.\n\nOther possible applications of smart contracts in blockchain include increased transparency in supply chains, middlemen-free transactions, global access, quick & affordable international payments, among others.\n\nSource Link: https://libraecosystem.medium.com/blockchain-based-smart-contracts-and-how-they-work-8374c607c8e6",
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      "body": "![Blockchain-can-help.jpg](https://cdn.steemitimages.com/DQmb8SYHxMmy7vXXPdsghuY2RHhKpow2Q7YinhdxxstbPZT/Blockchain-can-help.jpg)\n\nThe startup ecosystem in India has come a long way since the start of this century. In the beginning, in the early 2000s, there were only a few new companies in the country, which also were struggling to get the necessary help, funds, etc. because of the lack of development in this sector. But, today, there are numerous startups throughout the country, including both big and small cities. This has been possible mainly because of the technological evolution that India has witnessed over the past couple of decades.\n\nInternet, FinTech, blockchain, AI, etc. are just some examples of the latest technologies that have paved the way for the present startup ecosystem growth in India, with blockchain deserving a special mention.\n\n<b>Why blockchain?</b>\n\nThe reason why blockchain deserves a special mention among the technologies that reshaped the face of the Indian startup ecosystem in the past decade is that this has been a hot topic of interest for entrepreneurs and investors alike, especially those in the fintech industry.\n\nBecause blockchain is a distributed ledger technology (DLT) that offers a way to perform digital transactions, including money transfer, without intermediaries like banks, it stands to revolutionise the way financial transactions are performed globally, and already is. There are already a large number of startups and big companies in India working on blockchain-based solutions to help solve the various problems in finance and other industries.\n\nIn the finance space, blockchain technology and blockchain-based cryptocurrencies are already doing a lot of good by enabling businesses to embed and use an easier, more convenient, secure and middlemen-free payment system into their systems.\n\nBecause the blockchain-based payments systems are peer-to-peer and don't involve the use of middlemen, payments are literally settled in seconds. Unlike traditional payments that are controlled by banks and take hours, and sometimes days in case of technical or human failures, crypto payments are instant, even when performing cross-border transactions.\n\nBy removing the need for middlemen in financial transactions, blockchain can help businesses and users save huge money paid in fees to traditional payment processing services like cards and banks. In India, a user has to pay 2-3% fees per transaction to the card companies on average. These charges can be significantly reduced with the inclusion of blockchain technology in payment systems. The Libra coin is a wonderful example of this.\n\nThe <a href=\"https://libraecosystem.com/\">Libra Coin</a> is a digital currency that can be used for practically any kind of digital payment with e-commerce and retailers anywhere in the world. It involves the use of blockchain technology and smart contract for the secure processing of payments and incurs a much less fee per transaction as compared to traditional payments. Moreover, blockchain transactions are highly secure and private, as the trading parties are not required to share their personal information with anyone.\n\nOther benefits that blockchain has for the fintech startups in India include reduced risk of fraud, increased security, increased transparency, better reach of financial services to all corners of the country, and reduced probability of human-originated errors.\n\nHowever, the advantages of blockchain are not limited to only the finance industry. As we’ve seen many examples in the past couple of years, startups and enterprises in many other sectors, ranging from e-commerce to healthcare, election, digital identity, digital storage, data security and others are successfully experimenting with the use of blockchain technology to build next-gen products and systems for the betterment of people in India.\n\nOriginal Source: <a href=\"https://libraecosystem.medium.com/how-blockchain-can-help-strengthen-the-indian-startup-ecosystem-27c9eb865000\">www.medium.com</a>",
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      "title": "How Blockchain Can Help Strengthen the Indian Startup Ecosystem"
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      "body": "![The Future of Ecommerce Lies in Blockchain Technology.jpg](https://cdn.steemitimages.com/DQmQx5agyYCAp3toQKiyHp8SgYqybdbG793cM28PBJ5h49z/The%20Future%20of%20Ecommerce%20Lies%20in%20Blockchain%20Technology.jpg)\n\nThe e-commerce industry has been struggling with many problems lately. Not only the entire industry, including all operations from manufacturing to payments, is controlled by centralized entities, but there is also limited reach and fixed payment options offered by traditional online platforms. Blockchain, with its outstanding security, transparency and global reach, can help solve many of the e-commerce industry problems. Let’s talk about how blockchain and cryptocurrency can help shape the future of e-commerce.\n\n<b>Why blockchain?</b>\n\nBlockchain is a next-gen payment and digital transaction technology that allows transactions to be performed without the need for middlemen. That means all kinds of digital transactions, from direct trades of goods and services to payments and more, can be performed securely using blockchain.\n\nThis is the best time to use blockchain in e-commerce because the technology has been leading the digital world for some time now, and many merchants globally are already using cryptocurrencies for their amazing benefits, including high security and transparency.\n\nAnd not just payments, <a href=\"https://libraecosystem.com/blog/5-ways-blockchain-can-benefit-ecommerce/\">blockchain can help improve the overall e-commerce system</a> in many ways, from increasing security to improving supply chain management, enabling quicker and low-cost payments, and overall better data management.\n\n<blockquote>Here’s why blockchain could just be the solution to the many e-commerce industry problems.</blockquote>\n\n<h3>A safer payment option</h3>\n\nUsing blockchain and cryptocurrencies, payments are super fast and very secure. All you need is an internet connection to send/receive payments in cryptocurrencies. Because blockchain transactions are free from intermediaries, they are faster and more cost-effective. Also, because all blockchain transitions are public, there is high transparency and zero probability of fraudulent transactions, chargebacks and disputes.</h3>\n\n<h3>Increased transparency in supply chain</h3>\n\nUnlike traditional e-commerce, where the end consumer/buyer has little details about the product origin, how it was made, ingredients, etc., blockchain can help bring more transparency to the product supply chain, ensuring users have more details about the product they are buying and using. Increased transparency will mean a lesser number of disputes and faster delivery of orders.\n\n<h3>Reduced transaction fees</h3>\n\nBlockchain’s default payment system, cryptocurrencies, operates without third parties. That means huge card transaction fees and payment processing charges are now a thing of the past, because e-commerce users and operators can use cryptocurrencies to make unlimited transactions at a much lower cost and with high security and speed. This is true for all kinds of e-commerce payments, including international shopping transactions.\n\n<h3>Decentralized management</h3>\n\nWith blockchain, everything is decentralized. Not only are the transactions peer-to-peer but also the information and all the user data are stored on decentralized servers, which are impossible to penetrate. Unlike centralized e-commerce systems that are prone to cyber attacks, Libra blockchain’s decentralized management is far more secure and advanced.\n\nIn addition, Libra is introducing many advanced features and services for its platform users. <b><a href=\"https://libraecosystem.com/\">Libra Coin</a></b> is not just a cryptocurrency but a complete digital payment system that can be used for fast and cost-effective e-commerce payments anywhere in the world. The Libra coin is backed by many next-gen products, such as the Libra card, Libra PoS, Libra Pay, and more, to help make e-commerce more efficient for everyone.\n\nOriginally published at https://libraecosystem.medium.com/the-future-of-ecommerce-lies-in-blockchain-technology-a80f2ccfea4a",
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      "body": "![How Blockchain-based Ecommerce Platform will Change the Shopping Experience.jpg](https://cdn.steemitimages.com/DQmQMcgChvQApzEvmhSD5K8rWZJaGxyEaM1hSQDzBzdK3gk/How%20Blockchain-based%20Ecommerce%20Platform%20will%20Change%20the%20Shopping%20Experience.jpg)\n\nBlockchain is a distributed (decentralised) ledger technology that enables peer-to-peer transactions and has possible uses in a variety of industries, including e-commerce.\n\nBasically, what blockchain does is it allows people to trade directly with each other, removing the need for and cost of middlemen. Blockchain can be considered as a network through which people can perform digital transactions like money transfer, payments, and more. The transactions are verified and processed by programmable smart contracts without the need for intermediaries. These kinds of transactions are fast, secure and private. Moreover, all blockchain transactions and records are encrypted and stored in an immutable, distributed public ledger such that they cannot be tampered with.\n\n<b>But, how does blockchain change or improve the experience of shoppers?</b>\n\nThe <a href=\"https://libraecosystem.com/\">Libra Ecosystem</a> is the best and probably the latest example of the use of blockchain technology to improve the e-commerce industry and shoppers’ experience. Here’s how it does that.\n\n<b>What is the Libra Ecosystem?</b>\n\nLibra is a digital currency that provides access to an ecosystem of next-gen blockchain apps and products designed specifically for the benefit of the e-commerce market and to improve the shopping experience. These include the Libra Pay wallet-based digital payment system, Libra card, Liba PoS, Libra exchange, and others.\n\nThrough the innovative use of blockchain technology and a powerful digital payment system backed by the Libra coin, the Libra ecosystem aims to enhance the user experience and provide outstanding quality services to e-commerce users. Here’s how.\n\n<h2>Benefits of Libra Blockchain E-commerce</h2>\n\n<b>1. Increases security:</b> Transactions on the <a href=\"https://libraecosystem.com/blog/libra-ecosystem-as-potential-e-commerce-solution/\">Libra blockchain-based e-commerce platform</a> are more secure and resistant to cyberattacks. Since all information is encrypted and public, it is impossible to penetrate or manipulate transaction records on the blockchain. This will ensure users can shop online with complete security.\n\n<b>2. Saves cost:</b> By automating processes and streamlining many e-commerce operations, Libra will help reduce the operating cost for ecommerce businesses. The reduced cost of transactions will further help reduce the cost of products/services for end consumers.\n\n<b>3. Faster transactions:</b> In Libra’s blockchain, transactions are super fast and typically performed in milliseconds. This helps ensure more translations are executed per second and users can do more in less time.\n\n<b>4. Improved shopping process:</b> In place of intermediaries like banks, Libra’s e-commerce system uses Smart Contracts, which are programs designed to self-execute based on underlying conditions, like auto payments. This can greatly help automate e-commerce transactions and make processes more efficient, cost-effective and secure.\n\n<b>5. Global access:</b> The integration of blockchain enables Libra to provide its services to people all over the world, especially in developing countries where people have limited access to the internet and online shopping facilities.\n\n<b>6. Fast, low-cost payments:</b> One of the blockchain benefits is, of course, low-cost payments. Because there are no intermediaries and the fee per transaction is very low on the Libra blockchain, users get to save considerable money and can use cryptocurrencies (Libra coin) to pay for their online shopping orders.\n\n<b>7. Better overall customer experience:</b> Libra’s blockchain e-commerce helps automate processes, reduces transaction cost and offers fast and convenient payment options to increase the overall experience of e-commerce users. One token for all transactions within the ecosystem to ensure increased transparency and reduced operating cost.\n\nOriginal Source: <a href=\"https://libraecosystem.medium.com/how-blockchain-based-ecommerce-platform-will-change-the-shopping-experience-1ca6d7401f47\">www.medium.com</a>",
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      "author": "libraecosystem",
      "body": "![How can Cryptocurrencies Help Strengthen Democracy.jpg](https://cdn.steemitimages.com/DQmciJixsNaSv3BFri8toi5xryactFTajhMmXfDMPimB2xR/How%20can%20Cryptocurrencies%20Help%20Strengthen%20Democracy.jpg)\n\n\nDemocracy refers to a system where the leaders are elected by the people of the country. The idea behind democracy is to empower people to choose their leaders or who will lead them in the future. In a way, both democracy and cryptocurrencies are working towards the same goal - to empower common people.\n\nWhile democracy gives the power to people to elect their leaders, cryptocurrencies empower people to control their digital transactions and assets. And there are ways in which the use of cryptocurrencies and blockchain technology can even help empower democracy and uplift the way governments work.\n\n<b>How blockchain impacts democracy</b>\n\nBlockchain is the technology behind cryptocurrencies, which are digital currencies that allow people to send and receive money. The thing about cryptocurrencies is that they are unregulated and therefore not governed/controlled by centralised entities such as the government or banks. In other words, cryptocurrencies can be used for cross-border payments without the need for intermediaries. Now, the power of cryptocurrencies can be used both for good and bad.\n\nWhen used for good, blockchain and crypto can help empower the economy by making cross-border transactions quicker, more secure and efficient. Here’s how.\n\n<h2>Cryptocurrency for Democracy</h2>\n\n<b>1. Blockchain for elections:</b>\n\nWhile elections are a means for people to elect their leaders, there has always been a kind of mistrust among people in the credibility and authenticity of elections. The probability of fraud in election results is always there. The inclusion of blockchain can help bring fairness and transparency to elections. Transactions and data on a blockchain are permanent and cannot be forged.\n\nMoreover, blockchain can enable everyone in every corner of the world to use their right to vote, as the technology is not restricted by physical borders.\n\n<b>2. Secured governance</b>\n\nThe use of blockchain to store and manage official records can be a breeze for the government, as this will help ensure higher security of the documents and prevent any unauthorised access or use. Moreover, all transactions and records on a blockchain are public, which will make it easier for officials to collaborate when working on a project.\n\n<b>3. More power to activists</b>\n\nIn a democracy, people should have the power to speak when something is wrong. However, their voices are often oppressed by ruling parties and records/proofs destroyed, especially in many developing and under-developed nations. The inclusion of blockchain in governance will help ensure no such instances take place and people continue to have the ultimate power, even more than the government itself.\n\n<a href=\"https://libraecosystem.com/\">Cryptocurrencies like Libra Coin</a> can give more financial power and freedom to common people, making it easier for them to access basic financial services like digital payments, e-commerce, etc. from wherever they are in the world. This will eventually help people grow, both financially and morally, which, in turn, will empower democracy. As the growth of democracy is directly linked with the growth of its people, blockchain will help people and democracies grow simultaneously.\n\nWith India being one of the fastest growing economies in the world, people here are ready to adopt blockchain technology and cryptocurrencies into their daily lives in order to uplift the way everything from basic monetary transactions to business activities and government ventures are performed. As blockchain brings transparency to governance, it can help make democracy more powerful.\n\n\nOriginally published at <a href=\"https://libraecosystem.medium.com/how-can-cryptocurrencies-and-blockchain-help-strengthen-democracy-13d9219824c7\">https://medium.com/</a>",
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      "author": "libraecosystem",
      "body": "![5 High-potential Cryptocurrencies You Can Invest in 2022.jpg](https://cdn.steemitimages.com/DQmYtvaPsQNdt3v5W4Be59wPrLEyHSnc4KCPTYDmgxmwScv/5%20High-potential%20Cryptocurrencies%20You%20Can%20Invest%20in%202022.jpg)\n\nCryptocurrencies have emerged as one of the best and high-quality investment options in recent years, more so in the last couple of years. There has been a huge growth in the number of crypto users everywhere in the world, but the demand has been truly unprecedented in developing countries like India, where small retail investors are using crypto as a way to earn extra money or income through trading.\n\nAnd why not? Cryptocurrencies have made many people millionaires who chose to trust this digital asset to earn an income through trading and investing. There are many ways to earn with crypto. Some choose to trade digital currencies to earn quick profits while others want to invest and hold for the long term.\n\nNo matter which kind of crypto investor you are, here we are going to tell you about 5 cryptocurrencies that can make you rich this year.\n\n<h2>1. Libra Coin</h2>\n\nDid you know Libra was one of the fastest-growing cryptocurrencies last year? Despite being a new cryptocurrency, the <b><a href=\"https://libraecosystem.com/\">Libra Coin</a></b> has outstanding demand and value in the market. This is because it is backed by great value and a high potential blockchain-based ecosystem called the Libra ecosystem. This year, more people are likely to adopt Libra as a way to streamline e-commerce and make digital payments accessible & affordable for everyone.\n\n<h2>2. Bitcoin</h2>\n\nThis one needs no introduction. Bitcoin is a legendary coin, and now you can buy it at a bargain price because it has come down to less than half from all-time high. Yes, you heard it right. I know people who purchased bitcoin at above $60,000. And this is a golden opportunity for anyone to buy the token at nearly half the price. So, what are you waiting for?\n\n<h2>3. ETH</h2>\n\nThe native token of the Ethereum blockchain also needs no introduction. Ethereum was the first blockchain to introduce smart contracts and enable the development of DAPPs. It is also the blockchain behind very popular NFTs. That means ETH is one of the best tokens you can invest in today. And now that the coin price is lower than the average, buy it before it’s too late.\n\n<h2>4. Tether</h2>\n\nTether or USDT is a stable coin that was created to give users a less risky alternative to bitcoin. Tether coin’s price is linked with the US dollar and is always stable with the USD price. So, you can buy and store this coin as a hedge against your investment in high volatility coins such as bitcoin and ETH. Also, most exchanges use USDT for trading with other op cryptocurrencies, so it is easy to find an exchange to buy-sell USDT.\n\n<h2>5. DOGE</h2>\n\nCreated as a meme coin, DOGE is now one of the top-rated coins on the CoinMarketCap website. Nobody knows why the coin price is rising, but it is. And many people have made millions by investing in it. If you also want to become rich and are ready to take some risk for it, do invest in DOGE. But remember, invest only what you can afford to lose.\n\nHappy investing!!\n\nSource link: https://libraecosystem.medium.com/5-high-potential-cryptocurrencies-you-can-invest-in-2022-660de9faff2",
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      "author": "futurepop",
      "body": "By removing centralized control and the need for middlemen for product supply, delivery and payments, Libra will make the e-commerce system more transparent and secure.",
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      "author": "libraecosystem",
      "body": "![Libra-Coin-Outlook.jpg](https://cdn.steemitimages.com/DQmdf4MnddgiAqziCxu2KMijkk8GkhJ3UAvZDtpDve8cd8g/Libra-Coin-Outlook.jpg)\n\nLibra coin is on its path to make history. We will soon become the first crypto project to launch our own dedicated e-commerce marketplace that is completely based on decentralized blockchain technology and powered by our very own <a href=\"https://libraecosystem.com/\">Libra Coin</a> digital payment system.\n\nThe Libra e-commerce marketplace will be a first-of-its-kind digital, decentralized e-commerce platform where anyone in the world can buy and sell products with complete freedom and privacy. The Libra marketplace will be fully powered by cryptocurrencies, i.e. users will be able to pay in Libra coin for their shopping orders to their favorite merchants and brands listed on the Libra platform.\n\n<h2>What is the Libra marketplace and ecosystem?</h2>\n\nThe <a href=\"https://libraecosystem.com/blog/libra-marketplace/\">Libra marketplace</a> is an all-inclusive digital shopping store based on blockchain, i.e. the marketplace is entirely powered by blockchain technology and controlled by its users. Merchants (sellers) and consumers (buyers) can seamlessly trade daily essentials and a variety of products/services directly with each other with convenient and fast payments using the Libra coin payment system.\n\nIt’s like your traditional e-commerce store, but with blockchain capabilities of high security, immutability, privacy and consensus. By removing centralized control and the need of middlemen for product supply, delivery and payments, Libra will make the e-commerce system more transparent and secure for every one and grant complete control in the hands of users.\n\nFurthermore, the Libra coin digital payment system will be available in API form to readily integrate into any existing e-commerce or physical retail system to accept cryptocurrency payments.\n\nBesides the marketplace, the Libra ecosystem encompasses a range of next-gen financial products, including the Libra Pay (mobile app/wallet for on the go payments), Libra Exchange (for in-wallet fiat to crypto swap), Libra ATM, Libra Card, PoS, and other upcoming products.\n\n<h2>When will the Libra e-commerce marketplace launch?</h2>\n\nAs they say, all good things take time. The Libra e-commerce marketplace is currently under development and is expected to be launched in this year (2022). The team is working hard on developing an e-commerce platform none like any of the existing systems. It will not only have many advanced features like the blockchain security and cryptocurrency payments but will also enable people to have complete privacy and transact peer to peer in a decentralized manner.\n\nThe Libra coin as a standalone digital payment system can be used by any individual, business or merchant for making/accepting payments globally. This is a BEP20 token based on the Binance blockchain, which makes it very secure, fast and user-friendly. The Libra coin can be used for digital payments as well as it can be traded on top exchanges including XT.com.\n\n<h2>What to expect next (in 2022 and beyond)?</h2>\n\nThe new year is going to be awesome for the Libra platform and the Libra coin investors. The developers are working on and will soon launch many new exciting things, including the Libra Pay mobile wallet and the Libra Exchange. All this will help boost the market trend, demand and value of the Libra coin and enable investors to get the best returns from their investment and trust in the Libra coin.\n\n<blockquote>If you haven’t already, buy your Libra coin today from <a href=\"https://www.xt.com/tradePro/lc_usdt\">XT.com</a></blockquote>\n\nOriginal Source: <a href=\"https://libraecosystem.medium.com/2022-libra-coin-outlook-what-does-the-future-hold-a9fe5121f635\">medium.com</a>",
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      "author": "libraecosystem",
      "body": "![Cryptocurrencies a short term or long term investment.jpg](https://cdn.steemitimages.com/DQmcSEC5nDFnVKEWwsEBcf4pdsekNNERzwDBBsdrBavwVZq/Cryptocurrencies%20a%20short%20term%20or%20long%20term%20investment.jpg)\n\n\nWhen buying cryptocurrencies, every investor has one question in mind - whether to hold for the long term or sell in the short term. Well, either option is good depending on what you are looking to make from the crypto market. Here, in this article, we take a deep look at crypto trading vs holding trends and which option is suitable for which types of investors.\n\n<h2>Trading crypto in the short team</h2>\n\nWhen you buy a cryptocurrency with the purpose to sell it as soon as its price increases, it is called trading. This is where you buy and hold a coin only for as long as you need and sell it as soon as you can make a profit.\n\nShort term investing/trading is suitable for investors who prefer to not hold a cryptocurrency and are ready to take risks in order to make quick profits. Their only purpose is to make quick profits in the short term as possible.\n\n<b>Here are a few things you should know about short-term crypto investing:</b>\n\n<ul>\n<li>Investing in high volatility coins will pay you more in the short term.</li>\n<li>This involves significant risk. There is a chance that you will lose your money.</li>\n<li>It is not for the faint-hearted.</li>\n<li>The ideal period for short term investing is 1 day to 1 month. Then, you sell even if you are at a loss.</li>\n</ul>\n\nDo your research when investing in a short term coin. You do not want to get stuck with the wrong coin. Always, try to buy at the lowest price possible. Invest only what you can safely afford to lose.\n\n<h2>Investing crypto in the long term</h2>\n\nThe best way to invest in a crypto is to buy and hold it for the long term. Good, high potential cryptocurrencies excel when they are given enough time to grow. Take the example of the <b><a href=\"https://libraecosystem.com/\">Libra Coin</a></b>. It may not give outstanding returns in a day or month, but in about a year, it can produce much better returns than even many well-established coins. This is because the project comes with high potential and amazing use cases. This is the kind of coin that you can buy and hold for the long term.\n\n<b>Here are some of the benefits of long-term crypto investing:</b>\n\n<ul>\n<li>Outstanding return potential in the long-term</li>\n<li>Low risk and high returns</li>\n<li>Peace of mind as you know that you hold valuable coins</li>\n<li>The ideal holding period is 1 year to 3 years, depending on the coin</li>\n<li>Long-term investing can help you overcome the market ups and downs</li>\n<li>It gives you the benefit of compounding (returns on returns)</li>\n<li>It’s easy and saves time</li>\n<li>Dividend-paying coins will pay you recurring interest when you hold them for a specific period.</li>\n</ul>\n\nLong-term investing is suitable for investors who have a low-risk appetite or the ones who are looking to benefit from the long-term potential of a coin. When you <a href=\"https://libraecosystem.com/blog/best-cryptocurrency-to-invest-in-2021-for-long-term/\">invest for the long term</a>, your money gets the time to grow. This is why many investment experts recommend long-term investing over short-term investing.\n\nIf you are new to crypto investing or confused between long-term vs short-term investing, make sure to do your research and analyse your risk profile before getting into it. Cryptocurrencies are good either way, depending on what your purpose of investing is.\n\n\nOriginally published at <a href=\"https://libraecosystem.medium.com/cryptocurrencies-a-short-term-or-long-term-investment-f4866b37efdd\">www.medium.com</a>",
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      "author": "libraecosystem",
      "body": "![Crypto Market Vs Stock Market.jpg](https://cdn.steemitimages.com/DQmduvVWU81d5ymTFyZu5HUUDgnwYZcjBaZeaykfhgXAzpn/Crypto%20Market%20Vs%20Stock%C2%A0Market.jpg)\n\n\nThe crypto market is being increasingly adopted as a more profitable alternative to traditional stock markets. Why? Because the returns of the crypto market in the past years have been phenomenal. At the same time, it enables traders to make high returns in a very short period. But, there are other things too that you must know about the crypto market, including how it is different from the stock market before you start trading cryptocurrencies. Let’s get started.\n\n<h2>Crypto Market - What is it all about?</h2>\n\nJust like any regular market where you can buy/sell goods like groceries, vegetables, etc., in a crypto market, you can buy and sell cryptocurrencies.\n\nCryptocurrencies are digital currencies that use cryptography to provide high-level security for digital data and transactions. Cryptocurrencies are designed such that they can act as a digital store of value and can be used for the transfer of value including money. Lately, cryptocurrencies are being seen and used as a cost-effective and more efficient alternative to traditional currencies and payments.\n\nUnlike traditional markets, however, crypto markets have no physical presence. They exist virtually on the internet and can be accessed from anywhere in the world.\n\nCrypto markets that are based on blockchain are called decentralized trading markets. These types of trading markets are not administered or controlled by centralized authorities such as banks or the government. Rather, they are managed by distributed computers called nodes and controlled and run by their users.\n\nCrypto markets or cryptocurrency exchanges essentially provide the facility to buy and sell cryptocurrencies. In other words, they connect users looking to trade their cryptocurrencies like Bitcoin, ETH, Libra coin, and many others. They provide an interface where crypto buyers and sellers can find and connect with each other to seamlessly exchange coins. In addition to the interface, they also offer the support required for new users to start their crypto trading journey. All crypto trading (exchange) transactions are verified through and securely stored on the associated blockchain.\n\nGood cryptocurrencies like the <a href=\"https://libraecosystem.com/\">Libra Coin (LC)</a> have a high potential to grow because the coin has real use cases that gives it a high demand in the market.\n\n<h2>What is the Stock Market and how is it different from the Crypto Market?</h2>\n\nThe Stock Market is where you trade stocks of the listed companies. For example, if you want to buy the stock (shares) of the Apple company, you would go to the NASDAQ exchange/market where the stock is listed. Stock exchanges have a physical presence and can also be used online via dedicated apps/platforms.\n\nThe biggest difference between the crypto market and the stock market is in terms of assets they allow to trade. While stocks are real physical assets backed by legitimate companies and have real values, cryptocurrencies are not generally backed by any real assets and their values are entirely subjective. This not only makes them a riskier asset type but also makes it difficult to predict the price trend or movement of digital currencies.\n\nCrypto markets or exchanges are either fully decentralized or partially decentralized, while stock markets are under centralised control. This means all crypto trades are transparent and publicly available, unlike stock trading records, which are private to specific investors.\n\nCrypto markets are generally more volatile than stock markets, which can be a good thing for traders looking to make quick profits through day trading.\n\nUnlike traditional markets that are affected by a number of things, including current happenings, politics, news, and more, crypto markets are often above all these and are completely regulated by the user sentiment.\n\nOriginal Source: https://libraecosystem.medium.com/crypto-market-vs-stock-market-whats-the-difference-281965ce532a",
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      "body": "![Crypto-Adoption-and-Trends.jpg](https://cdn.steemitimages.com/DQmZJaT4Td6VL7naatnGz4CwEW7eTYyPSBGmJ5RbobdpvbJ/Crypto-Adoption-and-Trends.jpg)\n\nCryptocurrencies have seen a tremendous rise in the last couple of years. Not only top cryptocurrencies like bitcoin and ETH, but also many other smaller altcoins have contributed well to this growth. India, among other countries, has played a major role in the crypto market growth over the last couple of years, as the country has seen over a 500 per cent increase in the number of local crypto users during the period.\n\nBesides high-potential cryptocurrencies like the <i><b><a href=\"https://libraecosystem.com/\">Libra Coin</a></b></i> that offer great value potential to the holders, another type of coin that saw traction this year are meme coins. There were many new projects in spaces ranging from digital payments to e-commerce, digital security, cloud storage and others that are using cryptocurrencies to revolutionise the way digital transactions are performed.\n\nAlso, same as the last year, and before that, there were people who continued to question the legitimacy of cryptocurrencies and whether they can be considered the future of money.\n\n<h2>Cryptocurrencies in 2021: A Quick Overview</h2>\n\n2021 was a good year for cryptocurrencies and crypto investors and holders. Many new developments came into existence in the crypto market this year. Out of all these, one of the biggest revolutions was non-fungible tokens or NFTs. NFTs are tokens that represent unique digital assets that cannot be exchanged for one another. The rose of big NFT platforms or marketplaces was certainly one of the biggest updates of 2021.\n\nAnother big crypto thing that came this year was that bitcoin became more mainstream, as many companies including large platforms like Microsoft and Expedia announced that they will accept bitcoin as a means of exchange.\n\nAnd the biggest news of all was, of course, El Salvador becoming the first country in the world to accept bitcoin as a legal tender. In September 2021, El Salvador announced that it will legalize bitcoin and residents would be able to use it as a real currency to buy/sell things. Isn’t that great news?\n\nAnother trend that was seen in the crypto market this year was the growing activity in online crypto communities, especially Twitter, Telegram and Reddit, where crypto beginners are taking the opportunity to get in touch and learn from the experience of seasoned crypto investors and even the founders of crypto exchanges and platforms. On that note, there has also been seen significant growth in the number of crypto exchanges or websites that allow swapping of crypto and digital currencies. This has allowed more and more users to get on board and start their crypto investing journeys.\n\n<h2>What’s next?</h2>\n\nWith many big organisations, institutional investors and banks showing their interest in cryptocurrencies and many other big players becoming ready to come into this market, things are definitely going to be exciting for crypto investors and companies in the coming year.\n\nThe focus is expected to be more on building projects with real use of cryptocurrencies and blockchain technology for uplifting the living standards of people around the globe and providing them with more opportunities and access. Projects like the Libra ecosystem will not only make more people globally accept and use cryptocurrencies but also create more use cases for crypto so that it can become a mainstream medium for payments for merchants and people worldwide and in many industries, not just e-commmerce.\n\n\nSource: <a href=https://libraecosystem.medium.com/cryptocurrency-adoption-trends-whats-new-35245155b523>www.medium.com</a>",
      "json_metadata": "{\"tags\":[\"cryptocurrency\",\"crypto\",\"libracoin\",\"cryptoinvestment\",\"cryptotrends\"],\"image\":[\"https://cdn.steemitimages.com/DQmZJaT4Td6VL7naatnGz4CwEW7eTYyPSBGmJ5RbobdpvbJ/Crypto-Adoption-and-Trends.jpg\"],\"links\":[\"https://libraecosystem.com/\",\"https://libraecosystem.medium.com/cryptocurrency-adoption-trends-whats-new-35245155b523\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}",
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      "title": "Cryptocurrency Adoption & Trends - What’s New?"
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      "author": "libraecosystem",
      "body": "![How Libra Ecosystem will be the Driving Force For E-Commerce In Future.jpg](https://cdn.steemitimages.com/DQmTAbFKXd77kR9JTNQMTLDm6jvDHekZCqawq2L83JAwQ6R/How%20Libra%20Ecosystem%20will%20be%20the%20Driving%20Force%20For%20E-Commerce%20In%20Future.jpg)\n\n\nThe e-commerce industry is going through many ups and downs. One of the biggest challenges for online businesses is that the market is largely dominated by a couple of big players, with small retailers having a limited scope and reach in the online space. Small and medium businesses that want to sell online have limited resources or opportunities available. Moreover, they have to face competition with major players like Amazon and Walmart. Libra Ecosystem is a <a href=\"https://libraecosystem.com/\">blockchain-powered e-commerce platform</a> that intends to solve many of these problems for online businesses.\n\nAnother major problem for the e-commerce industry and its users is that almost the entire industry is controlled by centralized entities, which gives birth to many problems such as lack of privacy, lack of security, need and cost of middlemen, long transaction time, limited payment options, and others.\n\nThe Libra Ecosystem utilises blockchain technology to offer a range of next-gen solutions and products, including the Libra cryptocurrency-based digital payment system, aimed at solving the various problems of the e-commerce industry.\n\nLibra coin is a cryptocurrency that was originally created as the native coin for the Libra ecosystem, including its products. But now, it has become a full-fledged global decentralized payment system being used by hundreds of businesses and customers worldwide for cost-effective and secure cross-border payments. The Libra coin offers a comprehensive blockchain-based digital payment gateway ready to be integrated into any and all existing businesses allowing them to accept payments securely and at a lower than the standard fee from customers anywhere in the world. Basically, the Libra Pay (app) and the Libra PoS payment system can be used by any merchant anywhere in the world to accept fast & secure payments in cryptocurrencies.\n\n<b>How Libra will be the future of e-commerce</b>\n\nThe Libra ecosystem utilises the most powerful and advanced digital payments technology - blockchain - for the betterment of the e-commerce industry and to enable small & mid-size businesses globally to digitalize their offerings and sell in a totally secure manner on a global platform.\n\nNot only does the Libra Pay app will allow e-commerce users/consumers to pay for their orders using cryptocurrencies within the app to any merchant anywhere in the world but also the inclusion of blockchain technology will help make e-commerce transactions and supply chain more transparent for the users. For example, users will have better clarity in how the product they are using is being manufactured and which ingredients are used to build it. Moreover, they can easily track a product to its origin as well as fairly dispute a transaction.\n\nThe Libra ecosystem will make e-commerce a global event by allowing all kinds of businesses, including small retailers and suppliers, to connect on a global platform and sell products to customers all over the world with easy & fast crypto payments.\n\nBy removing the need for middlemen, the Libra ecosystem will ensure e-commerce transactions are fast, secure and cost-effective as well as are controlled by the users rather than third parties such as banks. This also removes the need to share private user information with many intermediaries. Find out more at https://libraecosystem.com/\n\nOriginally published at https://libraecosystem.medium.com/how-libra-ecosystem-will-be-the-driving-force-for-e-commerce-in-future-7e86ec705d5e",
      "json_metadata": "{\"tags\":[\"crypto\",\"ecommerce\",\"blockchain\",\"cryptocurrency\",\"libracoin\"],\"image\":[\"https://cdn.steemitimages.com/DQmTAbFKXd77kR9JTNQMTLDm6jvDHekZCqawq2L83JAwQ6R/How%20Libra%20Ecosystem%20will%20be%20the%20Driving%20Force%20For%20E-Commerce%20In%20Future.jpg\"],\"links\":[\"https://libraecosystem.com/\",\"https://libraecosystem.medium.com/how-libra-ecosystem-will-be-the-driving-force-for-e-commerce-in-future-7e86ec705d5e\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}",
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      "title": "How Libra Ecosystem will be the Driving Force For E-Commerce In Future"
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  "timestamp": "2021-12-22T07:15:00",
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{
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      "author": "libraecosystem",
      "body": "![Why Do You Need Decentralized Payments.jpg](https://cdn.steemitimages.com/DQmViPzcmBNHmWs9goAgV7FsXNiGHfMhoWDc49vigS8Suct/Why%20Do%20You%20Need%20Decentralized%20Payments.jpg)\n\n\nDecentralized Payments are the future. With centralized payment networks like banks and traditional financial institutions being prone to many issues pertaining to security, hacking and lack of privacy, decentralized payments are the best alternative for people and businesses.\n\nDecentralized payments refer to direct, peer-to-peer payments between two people or buyers and sellers without the need to trust any third party or intermediary like a bank to securely process the transactions. Blockchain is a perfect example of a decentralized network that offers a more secure, reliable and scalable medium of payments, giving back the control in the hands of users.\n\n<a href=\"https://libraecosystem.com/\">Libra Coin</a> is a decentralized payment network built on the Libra blockchain, which is inspired by the Binance blockchain. It provides a secure, low-cost and global payment system for consumers and e-commerce businesses worldwide.\n\n<h2>Here’s why you need Libra’s decentralized payment network.</h2>\n\nThere are many advantages of <a href=\"https://libraecosystem.com/blog/decentralized-vs-centralized/\">decentralized payments over centralized</a> ones. These include:\n\n<h3>Inexpensive</h3>\n\nThough the earlier decentralized networks like Ethereum and Bitcoin were costly, the newer systems are much more efficient and cost-effective. For instance, Libra’s blockchain is optimized to charge a much lower fee per transaction as compared to traditional bank transfers, which is particularly beneficial for cross-border payments. In addition, digital transactions and payments with blockchain are much faster than traditional payment options.\n\n<h3>More transparent</h3>\n\nAnother benefit of decentralized payments is transparency. Everything, including all transaction records, on the blockchain is publicly stored and can be easily verified in case of a dispute. Moreover, consumers can easily track their payments and know when there is an error.\n\n<h3>Global (Prompt access to millions of people worldwide)</h3>\n\nOne of the biggest benefits of decentralized payments with Libra coin is that it is not controlled by any regional borders or governments and can be used by practically anyone, anywhere in the world. Thus, it provides millions of people in third-world nations with access to basic financial services including money transfers at a low cost.\n\n<h3>More secure (less prone to hacks)</h3>\n\nBlockchain is a digital decentralized network that is managed through distributed nodes located worldwide. The network is practically impossible to penetrate because it has no single point of control. Moreover, all the data and records are heavily encrypted and are nearly impossible to penetrate through.\n\n<h3>Reliable</h3>\n\nDecentralized payments with the Libra coin are more reliable than traditional payments. Why? Because they are controlled by users and are fully transparent. If there is a problem, you know exactly what went wrong. unlike bank payments where any pending transaction can take days to process or resolve.\n\n<h3>More control to users</h3>\n\nOne of the primary purposes of decentralized payment networks like the Libra blockchain is to give control back to users. Unlike centralized systems where third parties and mediators have complete access to user data and private information and can use it as they want, decentralized networks are much more secure and private and users have full control over how and with whom they share their personal data.\n\nLibra coin is the best latest example of a powerful decentralised payment network and its benefits. It’s a digital, global payment system primarily created for e-commerce businesses but can be used by practically anyone, anywhere in the world for fast, low-cost digital payments.\n\n\nOriginal Source: https://libraecosystem.medium.com/why-do-you-need-decentralized-payments-609cf1e8184",
      "json_metadata": "{\"tags\":[\"decentralized\",\"decentralizedpayment\",\"libracoin\",\"decentralizedfinance\",\"blockchain\"],\"image\":[\"https://cdn.steemitimages.com/DQmViPzcmBNHmWs9goAgV7FsXNiGHfMhoWDc49vigS8Suct/Why%20Do%20You%20Need%20Decentralized%20Payments.jpg\"],\"links\":[\"https://libraecosystem.com/\",\"https://libraecosystem.com/blog/decentralized-vs-centralized/\",\"https://libraecosystem.medium.com/why-do-you-need-decentralized-payments-609cf1e8184\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}",
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      "title": "Why Do You Need Decentralized Payments?"
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      "body": "@@ -1088,16 +1088,20 @@\n ation.%0A%0A\n+%3Ch2%3E\n Why are \n@@ -1154,16 +1154,21 @@\n ficient?\n+%3C/h2%3E\n %0A%0ATradit\n@@ -2133,16 +2133,19 @@\n trust.%0A%0A\n+%3Cb%3E\n Why are \n@@ -2188,16 +2188,20 @@\n  enough?\n+%3C/b%3E\n %0A%0AWell, \n@@ -3000,16 +3000,20 @@\n  time.%0A%0A\n+%3Ch2%3E\n How Libr\n@@ -3093,16 +3093,21 @@\n payments\n+%3C/h2%3E\n %0A%0ALibra \n",
      "json_metadata": "{\"tags\":[\"libracoin\",\"blockchain\",\"cryptocurrency\",\"cryptopayments\"],\"image\":[\"https://miro.medium.com/max/700/1*m3PXloWfLqO_styieW-4KA.jpeg\"],\"links\":[\"https://libraecosystem.com/\",\"https://libraecosystem.medium.com/how-libra-coin-solves-trust-and-transparency-issue-in-payments-c052fed6e468\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}",
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      "title": "How Libra Coin Solves Trust and Transparency Issue in Payments"
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      "author": "libraecosystem",
      "body": "https://miro.medium.com/max/700/1*m3PXloWfLqO_styieW-4KA.jpeg\n\nTraditionally, payments were made through a barter system, where people would exchange items of equal value against each other. Then, currencies were introduced as a medium of payments, and now they are being used globally for all kinds of payments and monetary transactions. However, both these systems are based on trust and, therefore, not very efficient. There is a timely need for a trustless system of payments that can provide better transparency and control on digital monetary transactions.\n\n<a href=\"https://libraecosystem.com/\">Libra Coin</a> is a decentralized currency and digital payment system that enables users to send and receive money to/from practically anywhere in the world. The Libra digital payment system is peer-to-peer, i.e. all transactions are direct between the sender and the receiver with no intermediaries involved. Most importantly, this is a trustless system of payments, where the users are not required to trust any third-party or mediator like a bank with their money or personal information.\n\nWhy are traditional (trust-based) payment systems inefficient?\n\nTraditional payments systems like the ones we use normally are trust-based, i.e. the users need to trust a third-party or intermediary to perform the payment on their behalf. All kinds of online payment transactions, including bank transfer, UPI, credit/debit card payments, etc. are based on trust. Here’s how.\n\nWhen opening a bank account and putting your money in it, you are trusting the bank with your hard-earned money and to keep it safe. At the same time, whenever you want to use this money in your bank account, you have to seek permission from your bank. Whether it’s a withdrawal transaction, a payment or any other type of bank transaction, the bank needs to verify the same before processing it. Similarly, by allowing you to use a credit card to make payments, the credit card company is trusting you to pay them back on time.\n\nExcept for cash transactions, which also are not very secure and efficient, all traditional online payments are based on trust.\n\nWhy are trust-based payment systems not good enough?\n\nWell, there are a number of problems with traditional payment methods that are based on trust. For one, it is possible to cheat the system. Loan defaults, credit card frauds, etc. are common examples of this. In a trust-based payment system, it is difficult to find trustworthy people. Second, users are required to trust third-parties, including several intermediaries like banks, financial institutions, credit card companies, and more, as well as need to share their personal information with them in order to make payments. This brings in the concern of security and privacy in payments.\n\nAnother problem with traditional payment systems is the lack of transparency, as users have practically no idea how their payments are being processed. Also, there is no transparency in processing fees and time.\n\nHow Libra - a trustless payment system solves the trust & transparency issues in payments\n\nLibra coin is a digital payment system created for the Libra ecosystem. It is a decentralized system, where users can transact directly with each other. Since there are no third-parties or middlemen involved, users need not to trust anyone or share their personal information in order to make payments. They can simply send or receive money to/from other users using the Libra coin on a highly secure blockchain-based network. As for transparency, all crypto transactions are stored on a public, distributed network and are easy to verify in case of a dispute. There is 100% transparency and security in Libra coin payments.\n\nFind out more at https://libraecosystem.com/\n\nOriginal Source: <a href=\"https://libraecosystem.medium.com/how-libra-coin-solves-trust-and-transparency-issue-in-payments-c052fed6e468\">www.medium.com</a>",
      "json_metadata": "{\"tags\":[\"crypto\",\"libracoin\",\"blockchain\",\"cryptocurrency\",\"cryptopayments\"],\"image\":[\"https://miro.medium.com/max/700/1*m3PXloWfLqO_styieW-4KA.jpeg\"],\"links\":[\"https://libraecosystem.com/\",\"https://libraecosystem.medium.com/how-libra-coin-solves-trust-and-transparency-issue-in-payments-c052fed6e468\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}",
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      "title": "How Libra Coin Solves Trust and Transparency Issue in Payments"
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  "timestamp": "2021-12-09T09:08:15",
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      "author": "libraecosystem",
      "body": "![How Libra coin is all set to reshape the Ecommerce World.jpg](https://cdn.steemitimages.com/DQmR3nnVPjHrzd2QWTptHWFH1smFHyn2m7kMPbeNkPm4jCb/How%20Libra%20coin%20is%20all%20set%20to%20reshape%20the%20Ecommerce%20World.jpg)\n\n\nTo understand how Libra, a crypto coin developed as a utility token for the Libra e-commerce platform, can help reshape the e-commerce industry, we must start with how traditional e-commerce works and its limitations.\n\n<h2>Traditional e-commerce and its limitations</h2>\n\nTraditional e-commerce, i.e. the one we use now, is centralized. In other words, e-comemrce systems are generally centrally managed and controlled. While such a system can be efficient, it has many limitations including lack of security and privacy. Moreover, traditional e-comemrce platforms use many intermediaries such as payment gateways, delivery people, and others, who all have access to customers’ information including their address and contact details. This type of system cannot be considered very secure, and the use of intermediaries increases the final product cost for the consumer.\n\nThere are other problems like increasing competition in the e-commerce space. With the online shopping industry being dominated by a couple of large players, smaller retailers or platforms have little space to grow. Protection of consumer data and privacy has always been a major issue for e-commerce platforms.\n\nAnother problem is the lack of financial services or payment options for online consumers. Traditional e-commerce portals still offer a fixed number of payment options including credit/debit cards, internet banking and wallets. This greatly limits their reach to a particular country’s borders, making it difficult and costly for international customers to buy from them.\n\nOther common issues of the e-commerce industry include a complex buying process, lack of transparency, the cost of middlemen, fraudulent actors, and the inability to take payment in cryptocurrencies.\n\n<h2>How Libra Coin will reshape e-commerce</h2>\n\nLibra is a first of its kind global e-commerce marketplace based on blockchain that is powered by a native token called the <b><a href=\"https://libraecosystem.com/\">Libra Coin</a></b>. Libra oin, a utility coin based on Binance Smart Chain, empowers the Libra ecosystem and ensures seamlessly processing of transitions, rewards and payments in a totally transparent manner. This type of system is decentralized, i.e. fully independent of intermediaries and centralized entities. All payments within the Libra ecosystem are based on the Libra coin and are processed using smart contracts at a relatively lower cost/fee and higher security. Moreover, all Libra coin payments are by default fast and cost-effective, no matter where you live in the world.\n\nLibra is an all-inclusive e-commerce system with many advanced features and tools. It offers a ready to use payment API that businesses can readily integrate into their existing e-commerce systems to conveniently accept payments in digital currency, including ETH and Libra coin, from their local and international clients. In addition, Libra is working on and will soon launch a series of high-end products for the benefit of the e-commerce industry. These include the Libra Pay wallet, Libra Exchange, <a href=\"https://libraecosystem.com/blog/libra-marketplace/\">Libra Marketplace</a>, Libra Atm, Libra Card, Libra PoS, and others.\n\nLibra intends to solve the e-commerce industry challenges while providing access to a totally new kind of blockchain-based e-commerce system that is powered by a decentralized cryptocurrency called the Libra coin for seamless, affordable & highly secure cross-border payments.\n\nOriginally published at <a href=\"https://libraecosystem.medium.com/how-libra-coin-is-all-set-to-reshape-the-ecommerce-world-2403cbe133a8\">www.medium.com</a>",
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      "title": "How Libra Coin is All Set to Reshape the Ecommerce World"
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  "timestamp": "2021-12-03T08:59:54",
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      "amount": "0.011 STEEM",
      "from": "project.hope",
      "memo": "Hi @libraecosystem. Would you like to earn solid (115k SP) upvote on your latest post from @project.hope? Check out our recent post for more details. And hopefully you will find this publication worth your time and attention. We're explaining our community economy \"business model\", hoping that more people will join our efforts in the future. // LINk: https://steemit.com/hive-175254/@project.hope/project-hope-economy-explained-2021",
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      "body": "![How is Blockchain Technology Benefiting E-commerce.jpg](https://cdn.steemitimages.com/DQmRnvT2a7mxwKqQerGeMgUkjEfMHb5czJuPyGucBWrDena/How%20is%20Blockchain%20Technology%20Benefiting%20E-commerce.jpg)\n\n\nBlockchain is a modern technological concept that suggests a way to decentralize the way financial transactions (in fact any kind of digital transaction) are made. Blockchain technology is already finding value in a large range of industries, even beyond finance and digital payments. For instance, e-commerce operators and companies are actively experimenting with the use of blockchain in their operations, ranging from supply chain to user management, data security, cost reduction and cross-border payments.\n\nAccording to the data available from hundreds of e-commerce platforms based partially or fully on the blockchain, the technology is benefiting (& can benefit) the industry in a number of ways, such as enabling peer to peer transactions between sellers & buyers, reducing the need & cost of middlemen, bringing more transparent in the supply chain, enabling the use of cryptocurrencies for payments, making transactions & user data more secure, low-cost cross-border payments at a much faster speed, and others.\n\nFor example, <a href=\"https://libraecosystem.com/\">Libra Ecosystem</a> is a comprehensive e-commerce system based on blockchain that provides a ready-to-use blockchain-based system for fast & secure e-commerce payments along with a range of innovative business/investment management solutions and products. The Libra ecosystem of e-commerce apps & products stands to benefit the industry in numerous ways, including but not limited to:\n\n<b>Enhanced Security</b>\n\nOne of the best benefits of blockchain technology is, of course, enhanced data security. E-commerce transactions and data are often prone to theft and hacking. Since the users are required to share their personal data, card details, etc. with multiple third parties and middlemen, there is always the risk of data loss. Libra’s blockchain will help reduce the risk and enhance the security of e-commerce platforms.\n\n<b>Increased Efficiency</b>\n\nBlockchain can help improve the overall efficiency of e-commerce platforms. Libra, for instance, uses blockchain smart contracts to enable the automated execution of transactions based on predefined rules.\n\n<b>Cost Reduction</b>\n\nThe Libra blockchain platform helps e-commerce operators reduce the cost of operations by eliminating the need for middlemen. In addition, the automation of various business processes will further help reduce the operating cost.\n\n<b>More Transparency in Supply Chain</b>\n\nBlockchain will help bring transparency in supply chain management, giving users a better & more detailed look at the process through which a product is manufactured and supplied.\n\n<blockquote>Also Read: <a href=\"https://libraecosystem.com/blog/libra-is-the-solution-to-ecommerce-industry-problems/\">Libra is the Solution to the e-commerce Industry Problems</a></blockquote>\n\n<b>Faster Transactions</b>\n\nThanks to blockchain, the transactions on the Libra e-commerce platform are faster than ever. Cryptocurrencies use blockchain technology for peer to peer transactions that are nearly instant.\n\n<b>Expanded Reach</b>\n\nSince blockchain enables global transactions free of any borders, it allows e-commerce merchants and platforms to effectively serve a global audience and accept fast & reliable payments from anywhere in the world. This also serves well customers in developing and under-developed countries who still lack access to online services.\n\n<b>Ability to Accept Payments in Crypto</b>\n\nLast but not the least, blockchain enables e-commerce platforms to accept payments in cryptocurrencies, which are a fast-growing medium for digital payments used by people all over the world. The Libra e-commerce platform, for instance, allows its platform users to make payments using Libra or ETH for all kinds of online shopping transactions. The dedicated wallet of Libra comes with a feature-rich mobile that can be used anywhere for quick & secure payments.\n\nOriginal Source: https://libraecosystem.medium.com/how-is-blockchain-technology-benefiting-e-commerce-8c0a846094dc",
      "json_metadata": "{\"tags\":[\"blockchain\",\"blockchaintechnology\",\"ecommerce\",\"cryptocurrency\",\"libracoin\"],\"image\":[\"https://cdn.steemitimages.com/DQmRnvT2a7mxwKqQerGeMgUkjEfMHb5czJuPyGucBWrDena/How%20is%20Blockchain%20Technology%20Benefiting%20E-commerce.jpg\"],\"links\":[\"https://libraecosystem.com/\",\"https://libraecosystem.com/blog/libra-is-the-solution-to-ecommerce-industry-problems/\",\"https://libraecosystem.medium.com/how-is-blockchain-technology-benefiting-e-commerce-8c0a846094dc\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}",
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      "title": "How is Blockchain Technology Benefiting E-commerce?"
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  "timestamp": "2021-11-23T07:26:48",
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      "author": "libraecosystem",
      "body": "![Future of eCommerce Industry with Libra.jpg](https://cdn.steemitimages.com/DQmWNwB6toYqjbrB7cs8LJo1CnB2CrDGhsAveMTKWC8Pe8a/Future%20of%20eCommerce%20Industry%20with%20Libra.jpg)\n\n\nMany eCommerce platforms and startups have started experimenting with the use of blockchain technology to increase efficiency of their systems. Blockchain’s decentralized system and highly secure & fast digital payment technology can help disrupt the eCommerce industry in many ways. Today, we talk about Libra - one of the fastest-growing blockchain-based eCommerce systems - and how it plans to revolutionize the future of online shopping with the use of blockchain technology.\n\n<blockquote><a href=\"https://libraecosystem.com/\">Libra Ecosystem</a> is a blockchain-based e-commerce system providing a variety of tools, features and services to help solve the eCommerce industry problems like limited payment options, lack of security & transparency, high competition, and more.</blockquote>\n\n<h2>Why Libra Blockchain is the Future of e-commerce</h2>\n\n<h3>A safer & faster payment system</h3>\n\nOne of the best things that the Libra blockchain system is doing for e-commerce businesses is providing a convenient, safer and faster way to make payments. We all know how important it is for online merchants to ensure secure and fast payments on their platforms. Libra’s cutting-edge blockchain platform allows the use of cryptocurrencies for fast and safe payments without middlemen. Users from anywhere in the world can pay in cryptocurrencies on the Libra marketplace.\n\n<h3>Increased transparency in supply chain</h3>\n\nWith the inclusion of blockchain technology, the Libra e-commerce system is able to offer more transparency to its users. For instance, the Libra platform users can see details of their online shopping orders as well as in-depth details of the product itself, such as manufacturing, processing, delivery, cost, and others. Customers can track the entire supply chain to know more about the products they are using.\n\n<h3>Low transaction fees on blockchain</h3>\n\nAs is well known, one of the positive aspects of blockchain technology is its ability to allow global payments and transactions at a much affordable price as compared to traditional means of payments. Transactions on blockchain are free of intermediaries and thus the cost of transactions is reduced to a great extent, as manufacturers and buyers can trade directly with each other irrespective of their locations. This is particularly beneficial for merchants looking to sell to international consumers.\n\n<h3>Minimizes fraudulent activities & parties</h3>\n\nMost of the existing e-commerce platforms are centralized. This means all the user data and private information is kept on the centralized servers of the company. This enables user data to become prone to online attacks like hacking and theft. Moreover, the loss or failure of the server can result in the loss of the entire data, putting the privacy of the users at risk. Another thing to note is that centralized systems have full control over user data, while blockchain-based systems give control and power to users. And since all data and transactions are securely stored on a decentralized (blockchain) network, the chances of fraud, theft or scams are almost zero.\n\nThough blockchain is capable of benefiting a wide range of industries, e-commerce stands to gain the most in the form of increased transparency, improved efficiency, more & better payment options, and a higher level of security. \\\n\nVisit https://libraecosystem.com/ website to find out more about how Libra is working to help solve the e-commerce industry problems with the use of blockchain technology.\n\nOriginally published at <a href=\"https://libraecosystem.medium.com/future-of-ecommerce-industry-with-libra-99104b8a9bad\">www.medium.com</a>",
      "json_metadata": "{\"tags\":[\"ecommerce\",\"blockchain\",\"cryptocurrency\",\"ecommercesolution\",\"libracoin\"],\"image\":[\"https://cdn.steemitimages.com/DQmWNwB6toYqjbrB7cs8LJo1CnB2CrDGhsAveMTKWC8Pe8a/Future%20of%20eCommerce%20Industry%20with%20Libra.jpg\"],\"links\":[\"https://libraecosystem.com/\",\"https://libraecosystem.medium.com/future-of-ecommerce-industry-with-libra-99104b8a9bad\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}",
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      "title": "Future of eCommerce Industry with Libra"
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      "author": "libraecosystem",
      "body": "![Which Cryptocurrency can give highest returns.jpg](https://cdn.steemitimages.com/DQmPkDniW2DPuUCHH58PVFupSqLvWUv1nwu2AQGz1PTue1F/Which%20Cryptocurrency%20can%20give%20highest%20returns.jpg)\n\n\nWell, this is a really difficult question to answer.\n\nSo far, to the best of our knowledge, Bitcoin is the only cryptocurrency that has given good returns consistently over the years. ETH is the close second. But, honestly, there aren’t many cryptocurrencies that can be relied upon for high returns consistently. Of course, you can always invest in high volatility coins and exit after earning good returns in a short period. But again, this involves a lot of risk and is certainly not recommended for an average investor with a moderate risk profile.\n\nSo, what’s the best alternative to make high returns from cryptocurrencies?\n\nContrary to the popular belief, IT IS possible to make good returns in cryptocurrencies without taking a huge risk. Choosing the right cryptocurrency is the first step.\n\nThat brings us to the question - which cryptocurrency is right for one to get high returns?\n\nBefore we start talking about the answer, let’s get to know about some facts that make a cryptocurrency good.\n\n<b>What makes a cryptocurrency good (with a possibility of high returns)</b>\n<ul>\n<li>A powerful concept</li>\n<li>A feasible solution to a real market problem</li>\n<li>A good & experienced team</li>\n<li>The coin market cap and distribution (tokenomics)</li>\n<li>Product/crypto supply & demand</li>\n<li>Use cases of the cryptocurrency</li>\n</ul>\n\n<h2>Libra Coin - the best cryptocurrency with high return potential</h2>\n\n<b><a href=\"https://libraecosystem.com/\">Libra Coin</a></b> is a utility token created for the Libra ecosystem. It’s an ERC20 token that was recently migrated to the <a href=\"https://bscscan.com/token/0xc2be72d5e58fd9f001b91c28d596c2a7e3fb018b\">Binance Smart Chain (BSC)</a> and is built to perform transactions faster and more efficiently.\n\nAs Libra’s native token, Libra coin can be used for payments across a range of services and options within the Libra ecosystem.\n\n<h3>What makes Libra coin an investment-worth cryptocurrency</h3>\n\n<b>High demand</b>\n\nThe Libra ecosystem is a multidimensional project with a number of digital products and services, including Libra Pay, Libra e-commerce, Libra ATM, and more. As these products go live one by one, the demand for the Libra coin is expected to boost significantly for users would want to access the next-gen apps and features of Libra.\n\n<b>Real use cases</b>\n\nThe Libra coin is a global digital currency backed by a powerful payment system that can be practically used for fast & cost-effective payments anywhere in the world. And with the launch of the Libra apps, the use cases for the coin will continue to increase.\n\n<b>Lower price than the competition</b>\n\nOne of the best things about the Libra coin is that it was launched at a very low initial price in order to allow people to buy and own a lot of coins at a low initial investment. This gives us an edge and makes Libra one of the better options than similar cryptocurrencies out there.\n\n<b>Backed by a strong team</b>\n\nLast but not the least, Libra is backed by a powerful team of blockchain experts and seasoned developers who are building a first of its kind e-commerce blockchain platform.\n\nThat said, it is NOT possible to be 100% sure that a particular cryptocurrency will provide high returns. It is only through due diligence and research that one can manage to find a good cryptocurrency to invest in. So, Do Your Own Research before investing in a coin.\n\nOriginal Source: https://libraecosystem.medium.com/which-cryptocurrency-can-give-me-the-highest-returns-bc6d9f8168b6",
      "json_metadata": "{\"tags\":[\"cryptocurrency\",\"crypto\",\"cryptoinvestment\",\"cryptotrading\",\"libracoin\"],\"image\":[\"https://cdn.steemitimages.com/DQmPkDniW2DPuUCHH58PVFupSqLvWUv1nwu2AQGz1PTue1F/Which%20Cryptocurrency%20can%20give%20highest%20returns.jpg\"],\"links\":[\"https://libraecosystem.com/\",\"https://bscscan.com/token/0xc2be72d5e58fd9f001b91c28d596c2a7e3fb018b\",\"https://libraecosystem.medium.com/which-cryptocurrency-can-give-me-the-highest-returns-bc6d9f8168b6\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}",
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      "parent_permlink": "cryptocurrency",
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      "title": "Which Cryptocurrency Can Give Me the Highest Returns?"
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      "author": "libraecosystem",
      "body": "![Top-Common-Crypto-Mistakes.jpg](https://cdn.steemitimages.com/DQmPQ4Lhk4duXSv467cyLgaYXcfF5Y6sic9mfQCXxW1GNcp/Top-Common-Crypto-Mistakes.jpg)\n\n\nThe crypto investing market is full of risks. Even when you are 100% correct and are making zero mistakes, there is no guarantee that your crypto investments will end up in a profit. But, yes, making fewer mistakes is a certain way to increase your chances of making a good profit from cryptocurrencies.\n\nSo, what kind of mistakes are we talking about?\n\nWell, there are a number of things that can go wrong when dealing with cryptocurrencies. Since the market is always volatile, it is possible to make a lot of decisions based on emotions. But, at the same time, many of these mistakes are avoidable, only if you knew about them in advance.\n\nSo, let’s talk about some of the common mistakes people make when trading cryptocurrencies.\n\n<h2>Common Crypto Trading Mistakes</h2>\n\n<h3>#1 Buying a Crypto You Know Nothing About</h3>\n\nOne of the most common mistakes that people, especially beginners, make in the crypto market is investing based on hype. It is VERY important to research a token before you invest in it. Why? Because the market is still new for us. Moreover, every person has a different risk level, and just because others are investing in a coin doesn’t mean you should too. Do your research and invest in a good coin based on your risk level.\n\nFor instance, not everyone can take the volatility of bitcoin. They should rather invest in less-volatile cryptocurrencies such as the <b><a href=\"https://libraecosystem.com/\">Libra coin</a></b>.\n\n<h3>#2 Investing Aimlessly</h3>\n\nMost of the crypto investors, almost 80%, have no long-term goals behind investing. They do so only to earn profits. This is NOT a good investment strategy in any market. Having definite, long-term goals will help you avoid making decisions based on emotions. For example, many investors start selling when the market is falling and buy when it’s rising because they make decisions out of fear and not based on goals.\n\n<h3>#3 Not Diversifying</h3>\n\nDiversification is one of the best ways to limit your investing risk. It means spreading out your investment across multiple tokens that you believe in. This helps reduce risk by ensuring not all your investment is lost even when one or two coins are falling significantly. At the same time, it is crucial to not over-diversify.\n\n<h3>#4 Running after the price</h3>\n\nWaiting for the right time or to drop the price of a cryptocurrency is another mistake many people make when trading crypto. There is no right time when it comes to investing. If you believe in and want to invest in a coin, the right time is now. However, try to avoid investing when a coin is at an all-time high.\n\n<h3>#5 Not tracking their crypto portfolio</h3>\n\nThough it is said that one should leave their investments alone for at least a couple of years, this may not be 100% true in the crypto market. Since the industry is very volatile, you may never know when a coin will fall significantly. And it is only by diligently tracking your portfolio, you can identify and correct any mistakes you may have made in selecting a coin.\n\n<h3>#6 Not using stop-loss</h3>\n\nStop-loss is a blessing for crypto traders. This helps ensure you do not incur a loss after a certain limit. By using the stop-loss limit option provided by your exchange, you can limit your losses when day trading cryptocurrencies.\n\n<h3>#7 Investing more than they can afford to lose</h3>\n\nThough this mistake is common in all market segments, investors in the crypto space are particularly seen investing money that they don’t own or cannot afford to lose. Often driven by sentiments, people end up investing loaned money in the crypto market and regret losing it.\n\nBe careful and vigilant to not waste your hard-earned money on cryptocurrencies that you do not understand. Do your due diligence and invest carefully to make profits in this market.\n\nOriginally published at <a href=\"https://libraecosystem.medium.com/7-mistakes-people-make-when-investing-in-cryptocurrencies-f44f18c4664\">www.medium.com</a>",
      "json_metadata": "{\"tags\":[\"cryptoinvestment\",\"crypto\",\"cryptocurrency\",\"cryptotrading\",\"libracoin\"],\"image\":[\"https://cdn.steemitimages.com/DQmPQ4Lhk4duXSv467cyLgaYXcfF5Y6sic9mfQCXxW1GNcp/Top-Common-Crypto-Mistakes.jpg\"],\"links\":[\"https://libraecosystem.com/\",\"https://libraecosystem.medium.com/7-mistakes-people-make-when-investing-in-cryptocurrencies-f44f18c4664\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}",
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      "title": "7 Mistakes People Make When Investing in Cryptocurrencies"
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  "timestamp": "2021-10-19T07:27:24",
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      "author": "libraecosystem",
      "body": "![Crypto-Tokenomics.jpg](https://cdn.steemitimages.com/DQmTdC7xNREWMCVSAKGVa4sC1NEfNKPpdu5qTBfqK7VMiPm/Crypto-Tokenomics.jpg)\n\nCryptocurrencies were introduced as an alternative to traditional currencies and payment systems that are largely dominated by centralized entities such as banks and governments. Cryptocurrencies are blockchain-based digital currencies that work on the mechanism of decentralization, i.e. allow transfer of money (in the form of cryptocurrencies) and make payments without the role of middlemen such as banks and financial institutions.\n\nTokenomics or token economics is the study of the economics of tokens or cryptocurrencies.\n\n<h2>What is tokenomics?</h2>\n\nTokenomics in the crypto space refers to the study of the economic aspect of cryptocurrencies. This covers everything from the token foundation to the distribution and the generation of goods and services through tokenization.\n\nAs the blockchain is rising in popularity and more people are understanding its significance, the use of cryptocurrencies for economic transactions that are independent of centralized systems is also increasing.\n\nThere are numerous benefits of using cryptocurrencies for economic activities, the most common of which include decentralization (i.e. the ability to work without middlemen), low operational cost, and high security.\n\nIn the crypto space, a token is a unit of currency or value that is generally used to represent something specific like ownership of a physical asset, voting rights, access to a product or service, etc. Companies in the crypto space use tokens as a medium to raise funding for their upcoming projects.\n\nAs tokenomics is all about the study of tokens, i.e. crypto-tokens or cryptocurrencies, in this article, we try to understand the significance of tokens with the reference of <a href=\"https://libraecosystem.com/\">Libra Coin</a>, which is a fast-growing cryptocurrency for e-commerce payments and security.\n\n<h2>Why tokenomics is important in the crypto space</h2>\n\nOne major part of crypto tokenomics is the study of the supply and demand of cryptocurrencies. Supply means the total market supply/cap of a particular token, and demand means the token demand in the respective market. The supply and demand of a token are major factors to decide the token price, which is why it’s crucial to understand tokenomics in order to understand the value of a token.\n\nAt the same time, it’s also important to know about the factors that impact the supply or demand of a token/cryptocurrency. All this is covered in the study of tokenomics.\n\nIn the case of the Libra coin, while the total supply is fixed (2 billion), the demand for the coin largely depends on its purpose and how the currency can be used. This is why the team has created a large number of growing use cases for the Libra coin, including but not limited to the Libra ecosystem, Libra Pay, Libra Exchange, Libra Marketplace, Libra ATM, Libra Card, Libra PoS, and more.\n\nBut, for many other cryptocurrencies, there are no actual use cases. That means the tokens are not supposed to be used for any particular purpose. Then, how do such tokens gain value? This is what you learn in tokenomics, and this is why it is important to seriously look at the tokenomics of a cryptocurrency that you are planning to invest in.\n\nSome other factors that are considered and mentioned in tokenomics include token allocation and distribution, total supply, the token model, etc.\n\nOriginal Source: https://libraecosystem.medium.com/all-you-need-to-know-about-crypto-tokenomics-f153489bca56",
      "json_metadata": "{\"tags\":[\"tokenomics\",\"cryptotokenomics\",\"cryptocurrency\",\"libracoin\",\"cryptotrading\"],\"image\":[\"https://cdn.steemitimages.com/DQmTdC7xNREWMCVSAKGVa4sC1NEfNKPpdu5qTBfqK7VMiPm/Crypto-Tokenomics.jpg\"],\"links\":[\"https://libraecosystem.com/\",\"https://libraecosystem.medium.com/all-you-need-to-know-about-crypto-tokenomics-f153489bca56\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}",
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      "title": "All You Need to Know About Crypto Tokenomics"
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{
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      "author": "libraecosystem",
      "body": "![How to make money with crypto without actually trading.jpg](https://cdn.steemitimages.com/DQmZbi63CYjk3qwnzJPu4F6Hp3z4z25JFYstsjTPBFokhb2/How%20to%20make%20money%20with%20crypto%20without%20actually%20trading.jpg)\n\n\nCryptocurrencies are a fast-growing digital asset. It’s not only a good way to send/receive money globally but also has a good ROI potential for crypto investors, as we have seen in the last few years or so. Contrary to the popular belief, trading isn’t the only way to earn with cryptocurrencies.\n\n<b>Why avoid crypto trading</b>\n\nCryptocurrency trading isn’t for everyone. Trading involves buying and selling tokens to earn quick profits from the price difference. It involves huge risk since cryptocurrency is a highly volatile asset.\n\nIf you want to make money with cryptocurrencies but are not ready for the risk of trading, there are many other better, safer ways to do that.\n\n<h2>Making money with crypto is easy. Here’s how.</h2>\n\nSome of the best ways to generate passive income with cryptocurrency are as follows:\n\n<h3>HODLing</h3>\n\nHODLing is equal to holding and refers to the process of buying and holding a cryptocurrency for a considerable period with the hope to get good returns when you sell it later. <a href=\"https://libraecosystem.com/blog/cryptocurrency-trading-why-you-should-buy-hodl/\">Crypto HODLing has many benefits</a>. You can the benefit of compounding and the asset value grow with time. Second, long-term investing is the best way to mitigate risk, which is very important in the crypto space.\n\n<blockquote>When buying a cryptocurrency to HODL, choose one with a high potential to grow. <a href=\"https://libraecosystem.com/\">Libra Coin</a>, for instance, is a powerful utility token backed by the Libra e-commerce system and has already doubled in value within just one year of launch.</blockquote>\n\n<h3>Staking</h3>\n\nStaking is similar to mining, except you don’t have to actually mine cryptocurrencies. In staking, uses are rewarded with free tokens for simply holding their coins in the smart contract of a particular blockchain. In a way, you earn recurring interest for buying and holding tokens. Staking has the benefits of both value appreciation with time and recurring income.\n\n<h3>Lending</h3>\n\nP2P lending is another great way to make money with your crypto holdings. It works the same as traditional lending. You find an investor and lend your tokens to them for a predefined period, in exchange for which you earn a fixed interest over the period, along with your cryptocurrency back after the period ends. However, there are many fraudulent actors in the crypto space, so be very careful when lending your crypto to some stranger.\n\nThere are reliable crypto lending platforms such as Binance, BlockFi, Nexo, Zebpay, etc. that you can look into when looking to earn money by lending cryptocurrencies.\n\n<h3>Mining</h3>\n\nCrypto mining refers to the activity of mining new cryptocurrencies. This is the core and one of the popular ways to earn with crypto. In order to mine cryptocurrencies, you need to have the right tools, including a powerful computing machine and a stable energy source, along with the knowledge of how mining works. Read tutorials to know more about crypto mining and how to get started. Mining pools are great to start with for newbies, as they cost less and have better return potential.\n\nIf you are looking to earn more with cryptocurrencies, do join and invest in Libra Coin now: https://libraecosystem.com/\n\n\nOriginal Source: https://libraecosystem.medium.com/how-to-make-money-with-crypto-without-actually-trading-37a5ab1dd26e",
      "json_metadata": "{\"tags\":[\"cryptocurrency\",\"crypto\",\"cryptoinvestment\",\"libracoin\",\"cryptotrading\"],\"image\":[\"https://cdn.steemitimages.com/DQmZbi63CYjk3qwnzJPu4F6Hp3z4z25JFYstsjTPBFokhb2/How%20to%20make%20money%20with%20crypto%20without%20actually%20trading.jpg\"],\"links\":[\"https://libraecosystem.com/blog/cryptocurrency-trading-why-you-should-buy-hodl/\",\"https://libraecosystem.com/\",\"https://libraecosystem.medium.com/how-to-make-money-with-crypto-without-actually-trading-37a5ab1dd26e\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}",
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      "body": "![Crypto Mass Adoption Problems and Their Solutions.jpg](https://cdn.steemitimages.com/DQmbppBVKPwGbhoZvQP5zLsmwkARwzr29fACSEU1gwHMudm/Crypto%20Mass%20Adoption%20Problems%20and%20Their%20Solutions.jpg)\n\n\nThough global crypto adoption is increasing heavily, there are still a number of issues that somewhat limit this growth and why people are not yet willing or able to adopt cryptocurrency.\n\nAccording to a Chainalysis report, crypto adoption globally increased by over 800% between 2020 and 2021. This is a good sign for all those involved in the crypto industry in one way or another. In countries like India where digital payments and transactions are booming, crypto adoption has been even faster. However, there are things or so-called hurdles that still trouble the crypto industry and prevent cryptocurrencies from going mainstream.\n\nHere are some of the issues in mass crypto adoption along with their proposed solutions:\n\n<h3>Ease of Use & Understand</h3>\n\nEven after a decade of launch, cryptocurrencies still remain a mystery for many. Those who want to begin in the field of cryptocurrency have limited options and resources available. Moreover, the future of crypto investors, users and businesses seem unsure given the number and amount of fraud activities in this space.\n\nMost of these issues, however, can be dealt with through the right blockchain education and learning. There are a number of crypto startups working in this direction. <a href=\"https://libraecosystem.com/\">Libra Ecosystem</a>, for instance, has partnered with the Indian Blockchain Institute to establish a dedicated institute for blockchain learning and education and create new opportunities for youth in the blockchain space through career-oriented learning.\n\n“We aim to make blockchain education feasible and accessible to everyone. As of now, cryptocurrencies are difficult to understand and use for most people in India. They want to invest in cryptocurrencies, but don’t know how. The Libra Institute will change that,” said Libra CEO.\n\n<h3>Crypto Volatility</h3>\n\nAnother major issue with the global adoption of cryptocurrencies is volatility, which refers to the fluctuation in cryptocurrency prices. Cryptocurrencies are known to be highly volatile, which means the price of these digital currencies may change significantly and very frequently. This is the very reason why crypto is often termed as not a safe investment option.\n\nOf course, investing in cryptocurrencies is a risky matter, but in the long term, this volatility of crypto can help you earn really good profits, as we have seen many times in this industry. For example, the price of bitcoin has increased by over 32,000% in the last 10 years or so. So, anyone who would have held their bitcoins during this period would be a millionaire/billionaire now.\n\nAlso, there are stablecoins that largely overcome the volatility part of crypto, allowing investors to enjoy crypto benefits without the unexpected price fluctuations.\n\n<b>Conclusion</b>\n\nThe right crypto education combined with the right, genuine resources can help solve the lack of information problem of the crypto industry and boost their mass adoption globally. While the governments globally are working to bring proper regulations to cryptocurrencies, it is through proper crypto education that we can remove misconceptions and help people educate more and better about these innovative digital currencies.\n\nLastly, cryptocurrencies are not just an investment option to make quick money and should not be treated as one. The actual usage of cryptocurrencies is far wide and in a variety of industries. If treated right, it can help make digital money and payments accessible to everyone in the world. Libra coin is a classic example of that. Find out more at https://libraecosystem.com/\n\n\nSource link: <a href=\"https://libraecosystem.medium.com/crypto-mass-adoption-problems-and-their-solutions-ee1bb215ed23\">www.medium.com</a>",
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      "body": "![Blockchain-Benefits-in-Education-Industry.jpg](https://cdn.steemitimages.com/DQmQBN9iAQiRiMJfPmdVEQ4UsYAyosDGcK6eMmcqd3iPyM5/Blockchain-Benefits-in-Education-Industry.jpg)\n\n\nBlockchain is a fast-emerging technology that has effectively disrupted many industries over the past decade through its first-of-its-kind middleman-free, decentralized system of digital data transfer, security and payments. Contrary to what many people and even some experts might think, blockchain is not exclusive to finance and digital payments. As a decentralized, distributed ledger technology (DLT), blockchain has the power to do good in many sectors, including education.\n\n<h2>Education and blockchain</h2>\n\nThe education industry is one of the fastest-growing markets. However, there are still many problems of this industry that can be solved with the integration of various technologies.\n\nFor example, education in many regions around the world is still mostly dominated by centralized entities like schools, institutions, even governments. These institutions have full control over what and how education is provided to students, with students or their parents having little say in the matter.\n\nThe inclusion of blockchain into education can effectively help make things decentralized, thus providing more control to the real users, i.e. students. They can choose the subjects and courses they want to study and interact with and learn from real teachers globally.\n\nAt the same time, blockchain can help with the security aspect of online education. The instances of students’ data breaches and theft are not new. Simultaneously, the use of fake identities and stolen records are also common in this industry. All this can be solved with the use of blockchain technology. Blockchain can provide a decentralized database for securely and transparently store students data and records in an immutable manner such that data can be verified easily in case of a dispute. Also, the data stored on a blockchain cannot be corrupted and is nearly impossible to breach.\n\n<b>These are many other benefits of blockchain in education, such as:</b>\n\n<h3>Easy online verification of students’ data and certificates</h3>\n\nAll student data like certificates, records, credentials, etc. are safely stored on a blockchain and can be shared with anyone and accessed using a unique QR code for verification by institutions/companies. This ensures the data is genuine and cannot be accessed without authorisation.\n\n<h3>Increased security & efficiency</h3>\n\nNot only does blockchain provides impenetrable security for student data and records but also it helps increase efficiency by allowing institutions to quickly access and verify data (with students’ permission) as and when needed. This helps save time and increases the overall efficiency of the process while ensuring complete security of the data.\n\n<h3>Benefits of Edutech businesses</h3>\n\nBusinesses in the edutech space can use blockchain technology to connect with and provide education services to students on a global level with full transparency and privacy. This will also enable students from all corners of the world to learn from the best teachers no matter their location or background.\n\n<h3>Easy & fast, cross-border payments</h3>\n\nAnd of course, you can use blockchain-based digital currencies to pay or accept payments of school fees, courses, etc. Blockchain payments are fast, secure and involve minimal fees per transaction, even for cross-border payments.\n\n<blockquote>As more people are becoming aware of the importance and significance of blockchain technology, the demand for formal education is increasing. To meet this demand and to ensure everyone gets the best blockchain education & training from experts, <a href=\"https://libraecosystem.com/\">Libra Ecosystem</a> has partnered with <a href=\"https://indianblockchaininstitute.com/\">Indian Blockchain Institute (IBI)</a> to start a dedicated blockchain institution in the country. The program intends to train people in blockchain programming and create more opportunities and carer offers for youngsters in the country.</blockquote>\n\nSource Link: https://libraecosystem.medium.com/how-does-blockchain-benefit-the-education-industry-1a8ee5e02ef1",
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      "body": "![Public-vs-Private-Blockchain.jpg](https://cdn.steemitimages.com/DQmVykEabSwJpuoMiNSbdyv5Nun8BQiqGCc5eXd16bHz3um/Public-vs-Private-Blockchain.jpg)\n\n\nA blockchain is essentially the software that will empower your crypto business operations. It’s a decentralized, distributed network that can be used for a variety of applications, including digital payments and the creation of DApps (decentralized applications) such as smart contracts.\n\nIn a way, blockchain is the foundation of any crypto business, which is why selecting the right blockchain network is immensely important.\n\n<b>All blockchain networks can be broadly classified into the following four types:</b>\n\n<ol>\n<li>Public blockchain</li>\n<li>Private blockchain</li>\n<li>Hybrid blockchain</li>\n<li>Consortium blockchain</li>\n</ol>\n\nIn this article, we will discuss the differences between a private blockchain and a public blockchain, which happen to be two of the major blockchain networks in use.\n\n<h2>What is a public blockchain?</h2>\n\nPublic blockchains, as the name suggests, are publicly accessible. Basically, anyone can join a public blockchain network and use it without needing any specific permission. This type of blockchain are not controlled by any single entity or company/person and can be publicly accessed and used by anyone.\n\nOn a public blockchain, any user can authenticate transactions and get rewarded for it. But, public blockchains are generally not very efficient and function slowly.\n\n<h2>What is a private blockchain?</h2>\n\nA private blockchain is a special type of blockchain network that is owned and managed by a single organization. It’s like purchasing a custom blockchain network for your own company or business.\n\nPrivate blockchains are created and used by companies within their internal networking systems. This type of blockchain is particularly useful for organisations looking to keep their privacy intact and limit access to their company network.\n\nPrivate blockchains are generally more efficient and faster. Since they can only be accessed via specific permissions and regulations, they are also more focused on privacy. These blockchains are custom made to offer the required features, including scalability, as well as to support the particular company systems.\n\n<h2>Public blockchain vs. private blockchain for businesses</h2>\n\nThe primary difference between a public blockchain and a private blockchain is in terms of participation, i.e. the way the network is accessed, used, and maintained.\n\nOnly a public blockchain is truly decentralized, as it is not controlled by any single entity or company. Private blockchains are centralized and controlled by specific organizations.\n\nAnyone can read, write, or validate transactions on a public blockchain. However, to access or make changes on a private blockchain, special permissions are required.\n\nAnyone can build on a public blockchain. So, if you are looking to allow developers to create their own DApps on the network, a public blockchain would be the best option. Only the owner or allowed members can access and make changes in a private blockchain.\n\nAnother notable difference between public and private blockchains is security. As public blockchains are truly decentralized, and therefore, immutable, the network is relatively more secure, unlike private blockchains that compromise security for privacy.\n\nOther private vs. public blockchain differences include:\n\n<ul>\n<li>Public blockchains have limited scalability</li>\n<li>Public blockchains are more secure than private blockchains</li>\n<li>Public blockchains are less efficient and generally slower</li>\n<li>Private blockchains operated in a controlled environment and are, therefore, cheaper to run and manage</li>\n</ul>\n\n<blockquote>Libra Ecosystem, for instance, uses a public blockchain called <a href=\"https://bscscan.com/token/0xc2BE72D5E58FD9f001B91c28D596c2A7E3fB018b\">BSC (Binance Smart Chain)</a> that is focused on efficiency and security and allows users to build custom DApps for the benefit of the e-commerce industry. Find out more at https://libraecosystem.com/</blockquote>\n\nOriginally published at <a href=\"https://libraecosystem.medium.com/public-vs-private-blockchain-which-is-better-for-crypto-business-2cfe19a2f8c3\">www.medium.com</a>",
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      "body": "![Can blockchain replicate the success of the internet.jpg](https://cdn.steemitimages.com/DQmTbZeC4ktuVMf2HaXKsjFcEuS2s72Ctqgvf3EuvGLobzZ/Can%20blockchain%20replicate%20the%20success%20of%20the%20internet.jpg)\n\n\nBlockchain is the latest talk of the financial town. It’s the technology that made global payments not only fast but also affordable. Some say blockchain is the next big thing after the internet. And, that statement seems to be coming true given the increasing popularity and demand for blockchain. But, can blockchain achieve or maybe surpass the popularity of the internet? Let’s find out.\n\n<b>What is blockchain?</b>\n\nBlockchain is a decentralized ledger, where information is stored in connected blocks. As a distributed ledger technology (DLT), blockchain stores information in a decentralized, public manner such that it is viewable to everyone but cannot be changed, which makes it secure against unauthorised access. Since the information stays distributed among all nodes in the blockchain network, it is not possible to modify information in one node without affecting all nodes. The lack of a centralized point of error/weakness is what makes blockchain the most secure way to store and transfer digital data.\n\nThe core properties of blockchain include security, programmability, anonymity, immutability, distributed, unanimity, and time-stamping.\n\n<h2>Blockchain Use Cases and Benefits</h2>\n\nBlockchain is surely starting to make an impact on users/businesses in different industries through its variety of use cases and benefits, which include -\n\n<h3>Decentralized Ownership of Assets</h3>\n\nBlockchain provides a way for recording transactions in an immutable way, which makes it easy to fairly authenticate a transaction in case of a dispute. This has possible use cases in the fields of ticketing, real estate, art, and fashion. Using blockchain for storing assets and transaction records, it would be easy to verify ownership based on unique authentication and transactions would be processed faster and at a low cost. This will further add liquidity to otherwise illiquid assets such as real estate.\n\n<h3>Secure Online Storage</h3>\n\nCloud storage has proven to be a good way to store files online, which saves the need to own physical storage. However, the centralized nature of cloud storage makes it prone to hacking and similar cyber attacks. Blockchain with its decentralized system to store information and digital data can significantly deal with this problem and provide a much better, secure and low-cost way to store data online.\n\n<h3>Middlemen-free Trading</h3>\n\nOne of the biggest benefits of blockchain is the ability to trade without a middleman. And I’m not talking just about crypto trading, but you can basically buy and sell anything using smart contracts on the blockchain. These include music labels, digital rights, NFTs, products, services, car, home, and more. Even digital payments, including foreign money transfers and remittances, could become a lot cheaper if sent via blockchain instead of traditional payment options that cost up to 5-20% extra.\n\nFor example, <b><a href=\"https://libraecosystem.com/\">Libra Coin</a></b> is an e-commerce-focused digital currency that can be used for making fast & low-cost digital payments for goods and services to e-commerce merchants and operators anywhere in the world.\n\nWhile the internet has been offering all of the above services for the past many years, it has ended up creating a highly competitive environment, where some specific providers have gained an edge over others and are in a way dominating the industry. Blockchain provides all these services and benefits along with equal opportunities for everyone.\n\nOriginally published at <a href=\"https://libraecosystem.medium.com/can-blockchain-replicate-the-success-of-the-internet-85b26153182f\">www.medium.com</a>",
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      "body": "![How-to-Use-Crypto-to-Achieve-Financial-Freedom.jpg](https://cdn.steemitimages.com/DQmPpA1qmxQRXSK2eLbjTQQFJvBq1QL23hYNg3pebqnRrVL/How-to-Use-Crypto-to-Achieve-Financial-Freedom.jpg)\n\n\nCryptocurrencies are digital currencies that are built on blockchain technology and provide a means for sending & receiving money from all over the world. The money we are talking about here is the virtual currency, and not fiats like dollars or Euros. You can transfer cryptocurrencies to anyone, anywhere in the world using the internet and nobody will know about it, unless of course, you want them to know.\n\nBesides privacy, there are many other benefits of using cryptocurrencies for digital payments. It eliminates the need for trusting an intermediary like banks with our money. The user is basically in full control of their money and can send it to whomever they want. Thanks to the absence of middlemen and the integration of the most advanced internet payment technologies, crypto payments are nearly instant, very secure and incur very low transaction charges.\n\nIn this article, we will talk about cryptocurrencies as a way to achieve financial freedom through investing.\n\nBut first, let’s talk about the <b>benefits of investing in cryptocurrencies</b>:\n\n<ul>\n<li>Unlike traditional markets that operate for a limited number of hours daily, crypto markets are always open, even on holidays and weekends. You can trade cryptocurrencies 24 hours, 7 days a week.</li>\n\n<li>The trading fee is very low or even zero on some exchanges.</li>\n\n<li>There is generally no limit on the maximum number of tokens you can buy.</li>\n\n<li>Everybody, including those living in the foremost places, can use and trade cryptocurrencies.</li>\n\n<li>With crypto trading, there is no commission involved. So, you get to keep whatever profits you earn from investing/trading.</li>\n\n<li>Cryptocurrencies are backed by blockchain - the most secure financial payments technology known to humans.</li>\n</ul>\n\n<h2>Cryptocurrencies for Financial Freedom</h2>\n\nHere are few proven ways to earn more with cryptocurrencies:\n\n<h3>Buy & hold</h3>\n\nOne of the best ways to earn more with cryptocurrencies and become financially free is to buy a good coin and then keep holding it for at least some years.\n\nBut, what makes a good coin. Well, any crypto that has a good concept, a great team and comes with a realistic set of use cases is generally good to go. For newbies, Bitcoin and ETH are generally the best options. For experienced investors looking to diversify their folio, new innovative projects like the <b><a href=\"https://libraecosystem.com/\">Libra Coin</a></b> are worth looking into.\nTrade cryptocurrencies\n\nAnother way to earn money quickly with cryptocurrencies is to buy and sell, which is called trading in the official language. Crypto trading works similar to traditional equity markets. You buy a coin at a low price with the hope to sell it at a higher price on the same day or in a few days. However, this type of crypto investing involves significant risk and is not recommended for new & inexperienced traders.\n\n<h3>Crypto Mining</h3>\n\nMining is another popular way to earn with cryptocurrencies. It involves helping to keep the blockchain network secure by performing complex mathematical transactions using dedicated machines, in exchange for which miners get paid with new tokens.\n\n<h3>Staking</h3>\n\nStaking is the mining alternative used by Proof-of-stake (PoS) systems where participants are rewarded for buying and holding tokens in the contract. This is a more efficient and cost-effective way to perform crypto transactions.\n\n<h3>Invest in token sales</h3>\n\nToken sales are just like IPOs, where a crypto startup looking to launch in the market first conducts a sale of its crypto tokens as a way to raise funds for the project. There are many types of token sales, with ICO, IEO, ITO, and STO being the most popular ones. Token sales are a great way to buy a good coin at a lower than the market price.\n\nOverall, cryptocurrencies are definitely a better way to make money and secure your financial future as compared to traditional equity markets. The crypto market has grown tremendously over the past few years. Do join today before it’s too late.\n\nOriginally published at <a href=\"https://libraecosystem.medium.com/how-to-use-crypto-to-achieve-financial-freedom-508ee810e628\">www.medium.com</a>",
      "json_metadata": "{\"tags\":[\"crypto\",\"finance\",\"cryptoinvestment\",\"libracoin\",\"cryptotrading\"],\"image\":[\"https://cdn.steemitimages.com/DQmPpA1qmxQRXSK2eLbjTQQFJvBq1QL23hYNg3pebqnRrVL/How-to-Use-Crypto-to-Achieve-Financial-Freedom.jpg\"],\"links\":[\"https://libraecosystem.com/\",\"https://libraecosystem.medium.com/how-to-use-crypto-to-achieve-financial-freedom-508ee810e628\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}",
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      "title": "How to Use Crypto to Achieve Financial Freedom"
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      "author": "scitech",
      "body": "You should never store large amounts of crypto in the hot wallet.",
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  "timestamp": "2021-09-01T07:56:24",
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  "block": 56867113,
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      "author": "libraecosystem",
      "body": "![Different-types-of-crypto-wallets.jpg](https://cdn.steemitimages.com/DQmWD8at7iBzCJUEPH2tP9VDvWKUkuM44NCFH7YHJpJ5DU5/Different-types-of-crypto-wallets.jpg)\n\n\nFor anyone trading or investing in cryptocurrencies, digital wallets are a very important thing. However, it’s crucial to know about the different types of crypto wallets before you can choose the right one for your particular purpose.\n\nA crypto wallet is a type of digital wallet that is primarily used for storing cryptocurrencies. The wallet must be connected and able to interact with a blockchain network so that cryptocurrencies can be easily moved from one wallet to another over the network.\n\nAll crypto wallets can be broadly divided into three categories: software wallets, hardware wallets, and paper wallets. As you can probably imagine, software wallets are based on the internet and, therefore, are more convenient and accessible. Hardware wallets are physical wallets that are more secure against internet-based attacks like hacking.\n\nBefore we talk about the different types of cryptocurrency wallets, let’s briefly discuss how crypto wallets work.\n\nSo, crypto wallets are basically used to store cryptocurrencies, or the information required to transfer cryptocurrencies. Since cryptocurrencies are virtual currencies, they do not need to be actually stored. However, the information associated with these digital currencies, such as <b>the amount, wallet address, security keys</b>, etc., is quite important and must therefore be stored in a secured place, which brings the need for crypto wallets. These digital wallets also act as an interface to communicate with a blockchain when one needs to send or receive cryptocurrencies via the blockchain network.\n\nSo, basically, crypto wallets, irrespective of their types, are used to store various important information about cryptocurrencies, including the wallet keys.\n\n<h2>Types of Crypto Wallets</h2>\n\nCrypto Wallets can be of the following types:\n\n1. Hot wallet\na. Software wallet\n2. Cold wallet\na. Hardware wallet\nb. Paper wallet\n\nA hot wallet is any wallet that is connected to the internet and can be accessed/used online. All exchange-based crypto wallets are hot wallets.\n\nA cold wallet is not connected to the internet and can not be accessed online. It uses a physical method like paper or hardware to store the wallet information. Cold wallets are comparatively more secure, as they cannot be accessed or “hacked” online.\n\n<h3>1. Software crypto wallet</h3>\n\nSoftware-based crypto wallets use a kind of software application to perform various things and offer services like in-wallet swap, crypto transfer, send/receive payments, deposit, and withdrawals. They generally need to be connected to the internet before a transaction can be performed using a software wallet.\n\nSoftware wallets can be further categorised as web wallets, desktop wallets, and mobile wallets.\n\nAs the name suggests, web wallets can be accessed and used via a browser. Mobile wallets can only be used on a supported mobile device, generally via a dedicated app. Desktop wallet software needs to be installed on a supported computer before using it.\n\n<h3>2. Hardware crypto wallet</h3>\n\nThis is a type of physical (cold) wallet that generally involves the use of a physical electronic device such as a USB drive or flash drive, where the cryptocurrency information, address, and keys are securely stored such that they cannot be accessed online. However, hardware wallets are less convenient to use, as they are difficult to access.\n\n<h3>3. Paper wallet</h3>\n\nA paper wallet is the simplest type of crypto wallet. It involves the use of paper, on which the wallet information, address, and keys are physically printed out, generally in the form of encrypted QR codes that can be scanned whenever a crypto transaction needs to be performed.\n\n<blockquote>For Libra Coin holders, there is a dedicated and highly secure crypto wallet account assigned to every user. Also, we store a major part of our coins in a physical, hardware wallet so as to safeguard them against internet-based attacks and malware. Your Libra Coin is completely secure and trustworthy. Find out more at https://libraecosystem.com/</blockquote>\n\n\nSource: <a href=\"https://libraecosystem.medium.com/what-are-the-different-types-of-crypto-wallets-8266196dcbe\">www.medium.com</a>",
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      "parent_permlink": "cryptowallet",
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      "title": "What are the Different Types of Crypto Wallets?"
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  "op_in_trx": 0,
  "timestamp": "2021-09-01T07:27:45",
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      "author": "libraecosystem",
      "body": "![How-to-evaluate-a-cryptocurrency.png](https://cdn.steemitimages.com/DQmdwmUXk55Ds3KyuEjZPcgcacCGREvoJUwaMaXqgmGXkQ8/How-to-evaluate-a-cryptocurrency.png)\n\n\nCryptocurrencies are still a new thing for us, and they are not regulated by any traditional authorities. This means investing in cryptocurrencies is a matter of significant risk. What if the project fails? What if the team runs away with your money? There is practically not much you can do if your crypto investment fails. But, there is definitely something you can do about choosing the right cryptocurrency or project to invest in. It’s called due diligence.\n\nDue diligence or project research is very important in the crypto investing space. Since you do not know much about a new project and have no way to verify the authenticity of the project and the team, research is the only best way to evaluate a crypto project before investing in it.\n\n<blockquote>In this article, we will talk about the factors to consider and how to use them when evaluating a crypto project.</blockquote>\n\n<h2>1. Cryptocurrency Activity in the Market</h2>\n\nThe first thing you need to check is whether the cryptocurrency is active in the market. Is it listed on leading cryptocurrency websites like CoinMarketCap and CoinGecko? If so, read the crypto information and check out its market movements. Also, check whether the coin is listed on top exchanges for trading. <a href=\"https://libraecosystem.com/\">Libra Coin</a>, for instance, is listed on the popular <a href=\"https://www.xt.com/tradePro/lc_usdt\">XT.com crypto exchange</a>. Avoid investing in or buying a cryptocurrency that has no real trading activity and volume.\n\n<h2>2. Do Your Research</h2>\n\nWhen investing in a new project or cryptocurrency that you don’t know much about, it’s important to do your own research besides acknowledging what the industry experts are saying about the project. There are a number of resources that you can use to research cryptocurrencies. These include YouTube, Messari, CoinMarketCap, etc. The things you need to look into are the crypto’s foundation and history, team, technology, concept, objective, governance, applications, trading activity and volume per day, among others.\n\nAlthough it’s recommended to stay away from all kinds of ICOs and token sales, some new projects coming through token sales can be really good. So, completely ignoring all ICOs is generally not a good idea. Instead, you can use tools like ICO Drops, etc. to research a new ICO before investing in it.\n\nMost importantly, research the people behind the project. Avoid projects that are being secretive about the team or people behind them. Use tools & resources like YouTube, LinkedIn and social media to research, read about and watch interviews of the key people of a project to make sure they are genuine and credible professionals. Better, if you could find the official YouTube and social media channels of the project, where content is posted regularly by the team.\n\nLast but not the least, check the project documentation, including the white paper, to find out more technical details about the roadmap, tokenomics, use cases, ICO, inflation, and other things. This you can find on the project website, which is also a good source to keep yourself updated with the latest developments on the project. If it’s a genuine crypto project, it will most likely have a blockchain explorer, which you can find on Etherscan (for ERC20 tokens) or <a href=\"https://bscscan.com/token/0xc2be72d5e58fd9f001b91c28d596c2a7e3fb018b\">BSCscan</a> (for Binance Smart Chain tokens).\n\n\nSource Link: <a href=\"https://libraecosystem.medium.com/how-to-evaluate-a-cryptocurrency-before-investing-37bd39395ff3\">www.medium.com</a>",
      "json_metadata": "{\"tags\":[\"cryptoinvestment\",\"cryptocurrency\",\"cryptotrading\",\"libracoin\",\"investing\"],\"image\":[\"https://cdn.steemitimages.com/DQmdwmUXk55Ds3KyuEjZPcgcacCGREvoJUwaMaXqgmGXkQ8/How-to-evaluate-a-cryptocurrency.png\"],\"links\":[\"https://libraecosystem.com/\",\"https://www.xt.com/tradePro/lc_usdt\",\"https://bscscan.com/token/0xc2be72d5e58fd9f001b91c28d596c2a7e3fb018b\",\"https://libraecosystem.medium.com/how-to-evaluate-a-cryptocurrency-before-investing-37bd39395ff3\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}",
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      "title": "How to Evaluate a Cryptocurrency before Investing"
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{
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      "author": "libraecosystem",
      "body": "![Can-a-Country-Ban-Cryptocurrencies.jpg](https://cdn.steemitimages.com/DQmWmwB31mSdvtZfdi1A4ikPYRJ3oktdzy6jvNFkqMNhuNJ/Can-a-Country-Ban-Cryptocurrencies.jpg)\n\n\nOver the past year, the news of some countries trying to ban or limit the use of cryptocurrencies in their respective regions have emerged and significantly disrupted both the market and investors’ sentiments. In February 2021, the Nigerian government issued a circular stating that no banks in the country would be allowed to facilitate the trading of digital currencies.\n\nEven China has more than one time tried to put a ban on cryptocurrency trading and purchase in the country. In 2021 itself, the Chinese government instructed the national banks to stop supporting crypto transactions. All this caused a major impact on the crypto market and was the reason behind the recent plunge in cryptocurrency prices. The Reserve Bank of India had also put a ban on crypto trading, which was eventually struck down by the Supreme Court in 2020. With India being one of the biggest markets for cryptocurrency users/traders, putting an outright ban on cryptocurrencies in the country is neither feasible nor possible.\n\n<blockquote>However, the thing to notice here is that no country has yet put a complete ban on cryptocurrencies. And honestly speaking, they cannot actually do that. We will explain why. But, let’s first discuss the reasons behind these so-called crypto bans.</blockquote>\n\n<b>Why are the world governments hell-bent to ban cryptocurrencies?</b>\n\nIn its statement clarifying the reason for the ban, the Nigerian government said that it was concerned about the possible use of cryptocurrency in criminal activities like terrorism. This is similar to the answers given by many other countries that previously tried to put a ban on cryptocurrencies.\n\nHowever, the real reason for governments to not support cryptocurrencies, as clarified by many cryptocurrency experts and leaders, is that governments do not and cannot accept something they will not control. The use and popularity of cryptocurrencies are not in the direct interest of governments and banks, as these digital currencies are neither issued nor controlled by centralized entities. This is probably the main reason why the world governments have so far shown their unwillingness to regulate or accept cryptocurrencies.\n\n<h2>Can any country ban cryptocurrencies completely?</h2>\n\nNo. How would someone ban something that is not even in their control?\n\nOne of the main reasons why no country can put a complete and permanent ban on cryptocurrencies is that they do not control them. Cryptocurrencies, by nature, are independent of centralized authority and cannot be supervised or controlled by any single entity. Moreover, crypto transactions are based on the concept of high privacy and neither crypto wallets nor users can be appropriately tracked based on their trading activities.\n\nAnother reason why it is nearly impossible to completely ban cryptocurrencies is the high popularity of cryptocurrencies in the world. There are billions of people trading cryptocurrencies at present, and they are not going to stop no matter what the governments do. For example, when the Nigerian bank put a ban on crypto trading in the country, Nigerians started peer-to-peer trading bitcoins, which is a trading method that requires no bank deposits. This again supports the fact that cryptocurrencies are beyond any centralized system and can operate even without the support of authorities.\n\nAnd last but not least, cryptocurrencies cannot be banned because they are the future. With <b><i><a href=\"https://libraecosystem.com/\">high-potential crypto projects such as Libra Ecosystem</a></i></b> working to resolve the most complex problems of the world, putting a ban on cryptocurrencies would be like denying a chance to grow using the newest technologies. Not just e-commerce or finance, but literally every industry stands to benefit from cryptocurrencies and blockchain.\n\n\nSource Link: <a href=\"https://libraecosystem.medium.com/can-a-country-permanently-ban-cryptocurrencies-what-will-be-the-impact-6df102a58a15\">www.medium.com</a>",
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      "parent_permlink": "cryptocurrency",
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      "title": "Can a Country Permanently Ban Cryptocurrencies? What will be the impact?"
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  "timestamp": "2021-08-20T07:04:24",
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{
  "block": 56241504,
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      "author": "libraecosystem",
      "body": "![Cryptocurrency-Investment-Strategies-and-Tips.jpg](https://cdn.steemitimages.com/DQmXQ8jFwSe5hcHP9L8EpDXA9GxNQ6QNsvTYmK8XHjuhd73/Cryptocurrency-Investment-Strategies-and-Tips.jpg)\n\n\nHaving a strong strategy or plan for your investments is usually the best way to minimize risk and can multifold your chances of ending up a trade with profits. A plan works as a map to guide your crypto trading activities as well as helps you not avoid taking bad decisions. So, when you are looking to make more profits from crypto trading, read and follow these essential crypto investments strategies for a better outcome.\n\n<b>Why do you need an investment strategy for cryptocurrencies?</b>\n\n<blockquote>Investing in anything without a plan or strategy is risky. And when you are trading something as volatile as cryptocurrencies, you have to have a plan, to not only trade right but also to exit your trades at the right time. In fact, you should try and find the right crypto investing strategy even before you start looking for the best cryptocurrencies for investment.</blockquote>\n\nOn that note, let’s talk about crypto investment strategies.\n\nAll the cryptocurrency investment strategies can be loosely divided into the following two categories:\n<ul>\n<li>Long-term crypto investment strategy</li>\n<li>Short-term crypto investment strategy</li>\n</ul>\nLet’s talk about each in detail here.\n\n<h2>Long-term crypto investment strategy</h2>\n\nAs the name suggests, a long-term strategy is a plan put forward with a focus on long-term results. In the crypto space, long-term investing is termed as HODLing, which refers to the act of buying and holding tokens with a long-term perspective.\n\nThere are many benefits of long-term investment. First, the risk is minimized over time. Second, your assets get ample time to grow. Third, you get the benefit of compounding.\n\nAlso, when investing for the long term, you do not have to dedicate a lot of time. The process is rather easy and automated. It can be done even without a lot of technical knowledge or ability. All you have to do is stay invested in good cryptocurrencies.\n\nOne thing to note here is that long-term investing only works with assets that have a high potential and a real chance to grow given time. It’s therefore essential to find and invest in good cryptocurrencies if you are looking to hold your assets for a year or more.\n\n<h2>Short-term crypto investment strategy</h2>\n\nFor crypto investors looking to make good profits in the short term, this type of investing strategy is the best. Short-term crypto investing is when you buy a cryptocurrency with the hope to sell it again soon (usually within a day or two) for a profit. This investment strategy is highly rewarding, but also has higher risks. For instance, your short-term trades might not always end with profits. The probability to incur losses in the short-term is always high, while in the long-term, you’ll almost always end up with profits if you are investing in a good asset.\n\nShort-term investing can be particularly beneficial in the crypto market, as the prices of cryptocurrencies change very frequently and abruptly because of their volatile nature. So, an investor might make significant returns in a very short period by investing in the right coin at the right time.\n\n<b>Conclusion</b>\n\nFinding the right cryptocurrency, something that you can relate to and one that you truly believe in is not easy. With so many crypto-coins out there, it can be really intimidating. You should know that Bitcoin is no longer the only cryptocurrency you can invest in. There are other, better crypto coins with a higher potential to grow while helping users in their respective communities. \n\n<a href=\"https://libraecosystem.com/\">Libra Coin</a>, for example, is a digital payment coin that grants access to a multidimensional blockchain e-commerce system with next-gen global payment solutions and e-commerce features. You can buy Libra Coin at https://www.xt.com/tradePro/lc_usdt\n\n\nOriginally published at <a href=\"https://libraecosystem.medium.com/cryptocurrency-investment-strategies-and-tips-b88e028c3aaa\">www.medium.com</a>",
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      "body": "@@ -558,17 +558,24 @@\n p.%0A%0A\n-XT Websit\n+LC on XT Exchang\n e: h\n@@ -595,78 +595,26 @@\n .com\n-%0A%0AXT Telegram group: https://t.me/XTensupport / https://t.me/XTsupport\n+/tradePro/lc_usdt%0A\n %0A%0A%3Cb\n",
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      "body": "https://miro.medium.com/max/700/1*LhP1tO8PSfSKyjTFFHxofA.jpeg\n\nOur beloved Librarians, LibraEcosystem is honoured to inform that LC Gets listed on XT.COM, the world’s First Social Infused Exchange in LC/USDT pair for trading.\n\nWe are delighted to say that the XT exchange we gets listed on is one of the fastest flourish exchange in the industry. It provides a range of customized services for projects. At present, XT daily trading volume is reportedly around $100 million, it currently ranks in the top 50 of all Crypto Exchanges according to CoinmarketCap.\n\nXT Website: https://www.xt.com\n\nXT Telegram group: https://t.me/XTensupport / https://t.me/XTsupport\n\n<b>Please take note of the following schedule for LC:</b>\n\nDeposits Effective Immediately: 2nd August 2021, 5:00 AM UTC (Supported Network: BEP20)\n\nTrading: 3rd August 2021, 6:00 AM UTC\n\nWithdrawal: 4th August 2021, 6:00 AM UTC\n\n<b>Project Summary:</b>\n\nTotal Supply- 2,000,000,000 LC\n\nMarket Cap- TBU\n\nCirculating Supply- 1,000,000,000 LC\n\nIssue Price- 0.35$\n\nListing Price- 0.50$\n\n<blockquote><b>Recap</b>: The Libra Ecosystem is a blockchain based platform that will create and launch a series of solutions aimed at solving the various problems and enable businesses to grow, with a primary focus on the e-commerce space. The platform could be used by businesses to find and connect with investors, find tools & solutions for revenue growth, and perform instant & secure cryptocurrency transactions. It has its 3 working products with maximum utility and exists real usecases such as LCPay wallet, Decentralized Exchange, E-commerce platform. Libra will be an evolution for next generation in whole Crypto Industry with its real usecases.</blockquote>\n\nOfficial website: https://libraecosystem.com\n\nLC Telegram Group & Channel: https://t.me/LibraCoinGlobel / https://t.me/LibraEcosystem\n\n<b>A Big Thank you</b>: A big thank you to our community who have been incredibly supportive and patience during the past few months. We approach the listing day confident that the process around our mainsale has been executed in the most regular and compliant way possible. The team have been incredibly conscious in their efforts to adhere to regulation at all times — this will ensure a solid basis for Liquidity Network and the happiness of our Libra supporters.\n\nStay tuned, this is just the very beginning of the project! A lot of good news are yet to come. We’re continuing and coming up with many more new updates and listing.\n\n<b>Note</b>: Make a note that the listing price we’re expecting is 0.50$ at the time of initial listing and LibraEcosystem doesn’t provide any guarantee or promise that the price will be stable in the market and remain same after listing or public trade in XT. As usual it’s open market and trade will be placed by public in XT open market so it’ll keep fluctuating.\n\n\nSource: <a href=\"https://libraecosystem.medium.com/lc-listing-update-35889d1d6d29\">www.medium.com</a>",
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      "body": "https://miro.medium.com/max/1400/1*kWyWRH2i9ZmKfqTbm6Cx0A.jpeg\n\nAre you involved in the blockchain space, but do not know much about the technicalities or basics of blockchain? Learning about blockchain can help you in many ways, and not just in your investment activities.\n\nIrrespective of whether or not you are a blockchain investor, you must learn about blockchain if you care to know about growing and futuristic technologies or simply have an interest in it. For serious crypto investors, the study of blockchain can immensely help increase their chances of success. When you invest in something you know a great deal about, chances of success are quadrupled.\n\n<blockquote>Here are some other reasons why everyone should learn about blockchain and how it can affect our lives:</blockquote>\n\n<h3>1. Blockchain is for everyone</h3>\n\nUnlike what earlier studies and projects suggested, the applications of blockchain are not limited to the finance industry. Instead, blockchain can be now practically used in every industry out there to optimize processes and reduce cost and time. For instance, the use of blockchain technology in day-to-day trading using Smart Contracts will reduce the need and cost of middlemen.\n\n<h3>2. Data Security</h3>\n\nBlockchain has shown immense potential in the space of data security with the potential to eliminate a variety of threats to your data, credit card details, etc. Blockchain is a decentralized ledger technology that allows you to store your data, money and assets in digital form with encryption-level security. Also, the immutable nature of blockchain makes it impossible to penetrate or hack the data stored.\n\n<h3>3. A Great Career Move</h3>\n\nLearning blockchain technology can prove to be a great career move for those looking to learn or migrate to a new, growing industry. In the last few years, the demand for trained blockchain developers has soared. The opportunities include blockchain engineer, blockchain developer, blockchain writer, blockchain specialist, DApps developer, smart contract developer, and more.\n\n<h3>4. Next-gen E-commerce</h3>\n\nWe all use e-commerce these days for fast and convenient delivery of products/services to our doorstep. But, even today, our e-commerce systems are mostly governed by centralized entities, which increases the transaction cost, time and risks. The integration of blockchain in e-commerce can help improve processes by a great deal. The <b><a href=\"https://libraecosystem.com/\">Libra Ecosystem</a></b> is a great example of that. It's a comprehensive blockchain e-commerce system with an integrated digital payment system.\n\n<h3>5. A New Way of Finance</h3>\n\nIf I say blockchain is the future of finance, I wouldn’t be exaggerating. Blockchain, through its next-gen, highly sophisticated and middleman-free digital currencies, have already dominated a major part of the traditional financial market. Many institutions and organizations, including banks, have already started using or are considering using the blockchain-based currency system in their processes.\n\n<h3>6. Benefits to Healthcare</h3>\n\nAnother industry that is set to benefit the most from blockchain technology is healthcare. There are a number of projects and startups working in this direction. They are using blockchain technology to improve the way our health system works and deal with industry problems, including the way patients’ records are stored and maintained.\n\n<h3>7. Easy & Reliable Crowdfunding</h3>\n\nBefore blockchain, the only way for a new project/startup to raise funds was to seek investors manually. This was a complex and time-consuming process. Thanks to blockchain, a startup can now easily raise investment by creating and launching its own customized cryptocurrency/token in no time using public, open-source blockchains like the Ethereum blockchain.\n\n\nOriginal Source: <a href=\"https://libraecosystem.medium.com/7-ways-blockchain-education-is-beneficial-for-you-db1a6fc0ebb9\">www.medium.com</a>",
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      "body": "![Libra-Updates.jpeg](https://cdn.steemitimages.com/DQmXivoDkAWgfbF4WfusX3qUKWygzs55uEHUUpdXBuQeAzr/Libra-Updates.jpeg)\n\nDear Librarians, We are coming up with another update. After the frequent suggestions and feedback from Libra Community supporters we have decided to Migrate LC from ERC20 to BEP20 and this caused little bit delay in listing as well. We’re really excited to see LC into new Blockchain and thus listing is Postponed from July 20th to August 2nd. XT confirmed listing and LC will list on 2nd August. More information regarding listing Date & Time will be announced 1st August through another Announcement.\n\n<b>We heard your Feedback</b>. We understand that this is probably frustrating to you, but some might agree with us that we should provide better support in the case of transactions. We regularly check community reviews on all Social Media, Community and the recent AMA we have done with various communities, what we have found out is that everyone wants to see LC with low transaction fee and with faster transaction. The entire team troubled by this situation and our team conclude to change LC into New Blockchain (Binance Chain). In addition to that we’re planning to come up with our own blockchain gradually soon after releasing our products. So stay tuned and get the new experience with LibraEcosystem.\n\n![libra-xt.jpeg](https://cdn.steemitimages.com/DQmYEU8EHSRYi4bHXPGUnEmVNbVQgFUVFdsowgioxamhcex/libra-xt.jpeg)\n\n<blockquote><b>Finally after anend the long waiting period LibraEcosystem is going to revealed the exchange name with you. We’re really happy to Disclose the Global exchange name and is XT. LC will list in Global exchange XT.com on August 2nd 2021. As a middle tier centralized exchange XT is ranked within Top 50 position as per CMC exchange ranking list and providing exceptional service to its global customers.</b></blockquote>\n\n<b>Info about XT</b>. Xt is the World’s first Infused Exchange Founded in HK with register at BZ LIMITED, July 2018, as XT claimed the platform has a global top-level domain name, with approximately 2 million registered users and more than 200,000 active users on monthly basis, more than 7 million customers in their ecosystem. XT has a comprehensive transaction platform with more than 100 high-quality currencies and 300 trading pairs and Libra is pleased to list LC into their exchange.\n\n\nConnect with us: <a href=\"https://libraecosystem.com/\">Website</a>| <a href=\"https://t.me/LibraEcosystem\">Telegram</a> | <a href=\"https://twitter.com/libraecosystem\">Twitter</a> | <a href=\"https://www.facebook.com/ecosystemlibra\">Facebook</a> | <a href=\"https://www.instagram.com/libraecosystem\">Instagram</a> | <a href=\"https://libraecosystem.medium.com/\">Medium</a> |<a  href=\"https://www.linkedin.com/company/libra-ecosystem\">Linkedin</a>|\n\n\nSource: <a href=\"https://libraecosystem.medium.com/libra-exchange-listing-update-lc-migrating-into-binance-blockchain-bep20-fed8fc789625\">medium.com</a>",
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      "body": "@@ -101,583 +101,8 @@\n )%0A%0A%0A\n-%3Ca href=%22https://libraecosystem.com/%22%3ELibra Coin%3C/a%3E is an ERC20 token, which means it%E2%80%99s based on the Ethereum blockchain. For serious investors and holders of the Libra Coin, we strongly recommend to get the basic idea of the ERC20 standard in order to get the most out of their Libra Coin investments.%0A%0AEven though investors can still get success in the crypto market even without any technical knowledge of blockchain and other related things, a basic understanding of crucial crypto market terms such as ERC20 can certainly help investors make safe investing decisions.%0A%0A\n ERC2\n@@ -2512,836 +2512,8 @@\n od%0A%0A\n-%3Ch2%3EBest Example of ERC20 Token%3C/h2%3E%0A%0AThe ERC20 Standard has been used for creating tokens in a variety of industries for purposes ranging from finance to e-voting, security, digital identity, e-commerce, and more. Libra Coin, for instance, is the best example of the use of an ERC20 token for the betterment of the e-commerce industry.%0A%0AThrough its next-gen, comprehensive, blockchain ecosystem, Libra aims to help resolve the most prevailing issues of the e-commerce industry, including high cost and low security in payments. Using the Libra Coin, e-commerce vendors and dealers can not only accept secure and low-cost payments from their customers globally but can also manage everything in their business, from day-to-day management to funding, marketing, payments, and more. Visit https://libraecosystem.com/ for details.%0A\n %0A%0ASo\n",
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      "body": "![ERC20.jpg](https://cdn.steemitimages.com/DQmTqVet4ZYguJLUpg6bUebri5YjvwfH3qbQ6sBJ29CeBWk/ERC20.jpg)\n\n\n<a href=\"https://libraecosystem.com/\">Libra Coin</a> is an ERC20 token, which means it’s based on the Ethereum blockchain. For serious investors and holders of the Libra Coin, we strongly recommend to get the basic idea of the ERC20 standard in order to get the most out of their Libra Coin investments.\n\nEven though investors can still get success in the crypto market even without any technical knowledge of blockchain and other related things, a basic understanding of crucial crypto market terms such as ERC20 can certainly help investors make safe investing decisions.\n\nERC20 is a very common and popular concept that is often heard in the crypto market. It’s an Ethereum token standard that mentions the rules an ERC20 is governed by. If you are looking to learn more about the ERC20 standard, you’re at the right place.\n\n<b>What is ERC-20?</b>\n\nERC20 is a cryptocurrency scripting standard that stands for “Ethereum request for comment.” It was created and used to dictate the rules and actions that a particular type of Ethereum token or smart contract must follow. In simple terms, ERC20 can be understood as a set of rules and functions that any and all ERC20 tokens on the Ethereum network must follow.\n\nThe ERC20 standard also governs the creation and issuing of smart contracts on the Ethereum network.\n\nAll top crypto tokens based on the Ethereum blockchain use the ERC20 standard. Thanks to the ERC20 standard, creating new tokens based on Ethereum are now easier than ever. In fact, this has been a major force behind the immense rise and popularity of ICOs in recent years. In the past few years, there have been thousands of ERC20 tokens successfully created and launched by companies, ranging from startups to small companies and corporations.\n\nAn ICO or Initial Coin Offering is a token sale event, which is organised by a company looking to raise funds to create a new ERC20 token or decentralized app (DApp). The company accepts funds from investors in exchange for its tokens. Many cryptocurrencies and their linked companies found immense success in the ICO market and eventually launched their respective ERC20 tokens in the market.\n\nERC20 is one of the multiple Ethereum token standards that define how different Ethereum-based tokens operate.\n\n<b>What does the ERC20 Standard include?</b>\n\nAs said before, the ERC20 Ethereum token standard covers the rules and functions that an ERC20 compliant token must follow. These include:\n\nTotalSupply: Information about the total supply of that token\n\nBalanceOf: Provides details of the token balance of a person’s account\n\nTransfer: Used when a person wants to transfer a particular number of tokens to a specific address\n\nTransferForm: Used when a person wants to transfer a particular number of tokens from a specific address\n\nApprove: Provides approval for withdraw a fixed number of tokens from a particular account\n\nAllowance: Returns a fixed number of tokens from a spender to the owner in a particular period\n\n<h2>Best Example of ERC20 Token</h2>\n\nThe ERC20 Standard has been used for creating tokens in a variety of industries for purposes ranging from finance to e-voting, security, digital identity, e-commerce, and more. Libra Coin, for instance, is the best example of the use of an ERC20 token for the betterment of the e-commerce industry.\n\nThrough its next-gen, comprehensive, blockchain ecosystem, Libra aims to help resolve the most prevailing issues of the e-commerce industry, including high cost and low security in payments. Using the Libra Coin, e-commerce vendors and dealers can not only accept secure and low-cost payments from their customers globally but can also manage everything in their business, from day-to-day management to funding, marketing, payments, and more. Visit https://libraecosystem.com/ for details.\n\n\nSource: <a href=\"https://libraecosystem.medium.com/the-erc20-standard-all-you-need-to-know-1d1576060e92\">https://medium.com/</a>",
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      "body": "https://miro.medium.com/max/700/1*DbUVTzruSBskZ8QhMHs0PA.jpeg\n\n<b>The long waiting period is over and Libra is finally going to list in an Global Exchange, trading volume is more than 50k BTC in 24hrs. We’re more than happy to announce that LC is going to List in Exchange on Tuesday 20th July 2021. Stay tuned with us and Check our official Announcement, Social Media channels for updates. We’ll keep you updated on coming days including more Exchanges listing announcement.</b>\n\nGet ready to see LC into New CEX. You asked and we heard, get ready for Trading. You’ll be able to Trade LC in LC/USDT pair from Day 1 of listing. More information on Deposit/Withdrawal and trading will be announced in due course of time prior Listing.\n\n<b>More about Pricing</b>. Everyone is thinking about price of LC in exchange. We’re also expecting $0.50 opening price at exchange, first day of listing which is more than our ICO price($0.35). We at Libra always hear what our users demand for and also introduce it sooner or later. To get more users on our platform and introducing more great products to our users we have more than 1 product standing in line to launch one after another. Our own Dex(Decentralised Exchange) LC Pay Wallet(DMT) and E-commerce Platform which will utilise LC more in our whole Ecosystem and will help to increase the Price more, this is what makes us more stronger than any other available in Market. We believe LC will rise upon listing and our Products will help to increase the value of LC much more even you are expecting.\n\n<b>More on Listing</b>. We’re also negotiating with many more International Exchanges including India’s Leading Exchange. We’ll soon list LC in Indian exchanges as well as more Global exchange. We are pretty sure you’ll be able to Trade LC in an Indian exchange soon.\n\n<h2>LIBRA ECOSYSTEM AIRDROP CAMPAIGN</h2>\n\nhttps://miro.medium.com/max/700/1*ubOITKzQN7po5SHQY-dgxw.jpeg\n\nTo celebrate the upcoming Listing and encourage more users we are thrilled to announce Airdrop for Libra supporters. LIBRA ECOSYSTEM has officially announcing the beginning of the Airdrop Campaign to the community and all interested persons will have to complete the required Tasks to be able to get Free LC tokens for each participant.\n\n <b>Reward 30 LC ~ 15$ for perform the mandatory tasks. You can also get 20 LC ~10$ extra for Optional Task</b>\n\n📅 Starting from July 1st — July 18th\n\nHOW TO PARTICIPATE: To participate, you must complete the tasks listed below!\n\n⭐️ Join <a href=\"https://t.me/LibraCoinGlobel\">Telegram group</a> & <a href=\"https://t.me/LibraEcosystem\">Channel</a> (5LC)\n\n⭐️Follow us on <a href=\"https://libraecosystem.medium.com/\">Medium</a>(5LC)\n\n⭐️Follow us on <a href=\"https://twitter.com/libraecosystem\">Twitter</a> (5LC)\n\n⭐️Follow us on <a href=\"https://www.facebook.com/ecosystemlibra/\">Facebook</a> (5LC)\n\nRetweet the Post and Tag one Crypto influencer you mostly know (5LC)- (Retweet and Tag Our recent Airdrop Tweet from Twitter)\n\n⭐️ Like and Share FB post and also tag one Crypto Friend or group or professional Crypto Page (5LC)- (LIKE, share also tag Our recent Airdrop Post in FB)\n\n🗣️ Invite only one real Crypto friend to libra Telegram group (Optional ) — 20LC\n\nAfter Completing all the Tasks Fill this Form : https://bit.ly/3ybcXLK\n\n✍ RULES AND TIPS\n\n1) Participants Get Rewards on the basis of First Come, First Served\n2) You must be active in our Telegram group and Invite only one real Crypto friend to our Telegram group.\n3) If you participate in optional tasks in order to get reward for the optional task you must be Active as well as your friend. We’ll monitor activity before reward distribution.\n4) You can increase your reward by referring one Real Crypto friend here.\n5) If you completed tag in twitter then no need tagging in FB. You must perform tagging task either FB or Twitter (Any One)\n\nNOTE :\n\n✔️ Airdrop activities will run from July 1st 9:00PM ~July 18th 9PM (UTC)\n✔️ You will not be able to receive airdrop tokens if you do not complete the mandatory tasks correctly.\n✔️ Only one account per user! All duplicates and suspiciously similar accounts will be deleted.\n✔️ The Airdrop rewards will be distributed directly to participant’s LC wallet addresses in LibraEcosystem\n✔️ <b>You have to create an account in LibraEcosystem to get reward. If already have an account then enter your registered email if not create one from here:</b> https://libraecosystem.com/zt68bY\n\n<h2>“LIBRA Airdrop” Promotion Program</h2>\n\nhttps://miro.medium.com/max/700/1*QM0qj3el1Ch9M9jVDk39Tw.jpeg\n\n<b>We’re also announcing promotional program package $15k worth of LC for all promoters including SM and YouTube</b>\n\n👨‍💼I’m a professional Promoter what should I do?\n\nHurray! that’s really a great opportunity for you to promote Libra where you have heavy crowd. If you’re professional Promoter then make a video and topic must be related to our ongoing Airdrop including small Review. Also you can make post for our airdrop then post it in your social media\n\n<b>Video Duration — 2 Minutes Minimum</b>\n\n👉Reward amount and Criteria For Promotion:-\n\n- YouTube ($5000~LC) : User must have 1k subscribers and 500+ views on the Promotional video.\n\n- Facebook ($3000~LC) : Your Promotional post must have minimum 50+ likes and shares\n\n- Twitter ( $3000~LC) : Your Promotional post must have 50+ likes and retweets\n\n- Instagram ($2000~LC) : Your Promotional post must have minimum 50+ likes\n\n- Whatsapp Local group ($2000~LC) : Group must have 50+ members (If you’re promoting in Whatsapp then contact our admin for verification)\n\n🟧 After Completing all the Tasks Fill this Form: https://bit.ly/3yhJsIs\n\nNote: ✔️ Promotion activities will run from July 1st 9:00PM ~July 15th 9PM (UTC)\n\n✔️ The above Reward amounts are for respective Promotional Platforms and will be distributed among the participants we get from that particular promotional platform.\n\n<b>Connect With Us : <a href=\"https://libraecosystem.com/\">Website</a>| <a href=\"https://t.me/LibraCoinGlobel\">Telegram</a> | <a href=\"https://twitter.com/libraecosystem\">Twitter</a> | <a href=\"https://www.facebook.com/ecosystemlibra/\">Facebook</a>| <a href=\"https://libraecosystem.medium.com/\">Medium</a> | <a href=\"https://www.instagram.com/libraecosystem/\">Instagram</a>|</b>",
      "json_metadata": "{\"tags\":[\"announcement\",\"cryptoexchange\",\"airdrop\",\"libraecosystem\",\"libracoin\"],\"image\":[\"https://miro.medium.com/max/700/1*DbUVTzruSBskZ8QhMHs0PA.jpeg\",\"https://miro.medium.com/max/700/1*ubOITKzQN7po5SHQY-dgxw.jpeg\",\"https://miro.medium.com/max/700/1*QM0qj3el1Ch9M9jVDk39Tw.jpeg\"],\"links\":[\"https://t.me/LibraCoinGlobel\",\"https://t.me/LibraEcosystem\",\"https://libraecosystem.medium.com/\",\"https://twitter.com/libraecosystem\",\"https://www.facebook.com/ecosystemlibra/\",\"https://bit.ly/3ybcXLK\",\"https://libraecosystem.com/zt68bY\",\"https://bit.ly/3yhJsIs\",\"https://libraecosystem.com/\",\"https://www.instagram.com/libraecosystem/\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}",
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      "author": "scitech",
      "body": "It’s important to know that a token can be made to have features of two or more categories.",
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      "parent_author": "libraecosystem",
      "parent_permlink": "what-are-the-different-types-of-cryptocurrencies",
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{
  "block": 55125555,
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      "author": "libraecosystem",
      "body": "![Different-Tpyes-of-Cryptocurrencies.jpg](https://cdn.steemitimages.com/DQmPtEAjdx2UYrrbRWRy77bxeZ8o9GM79Xp8tmeXnZZJbk4/Different-Tpyes-of-Cryptocurrencies.jpg)\n\n\nWhen looking to invest in cryptocurrencies, most of us prefer the popular names, including Bitcoin and ETH. But, having brief knowledge of cryptocurrencies, their underlying concepts and purposes, is a must to get successful output from your crypto investments. For instance, most people have no idea that there exist not one but multiple types of cryptocurrencies, with different basic purposes and use cases.\n\nIf you are looking to know more about cryptocurrencies, start with this article about the types of cryptocurrencies.\n\nWhen we talk about cryptocurrencies, coins and tokens are the common terms we use. Most people use the two terms interchangeably like they are the same thing. But, they are not. There is a clear difference between a coin and a token. A coin is created to act as a digital currency and to be used as one. A token, on the other hand, is usually created to serve a specific purpose for a particular project or platform.\n\n<b>What is a cryptocurrency token?</b>\n\nA cryptocurrency token is a digital asset with the built-in ability to be used as a medium of exchange for other tokens created on the same blockchain.\n\nWhen talking about the types of token, it’s important to know that a token can be made to have features of two or more categories, which means these types are not exclusive.\n\n<h2>Here are the different types of crypto tokens:</h2>\n\n<h3>1. Transactional or Currency Tokens</h3>\n\nThese tokens have monetary value and can be used for the exchange of things within the ecosystem for which they are created. Same as traditional currencies, these can be used for making digital payments. For example, the <a href=\"https://libraecosystem.com/\">Libra Coin or LC</a> is a digital payment currency created for the Libra Ecosystem users and participants to allow seamless cross-border payments for e-commerce. However, there are also transactional tokens that cannot be used as currencies.\n\n<h3>2. Utility Tokens</h3>\n\nAs the name suggests, these tokens are created and used for a particular utility. For example, a blockchain project looking to create a new type of product will develop a utility token to grant access to that particular product. In other words, these tokens can be used to pay for specific products or services for which they are created. For example, LC acts as a utility token for the Libra Ecosystem users, granting access to the various products and services of Libra.\n\nHowever, utility tokens cannot be used as global currencies for making digital payments.\n\n<h3>3. Platform Tokens</h3>\n\nPlatform tokens are similar to utility tokens, but they are associated with blockchain technology and created for particular decentralized apps (DApps) and may have different uses, ranging from payments to utility and others. Platform tokens usually get their features from the underlying blockchains they are built upon, which means they are secure and can be used for a variety of use cases across industries.\n\n<h3>4. Security Tokens</h3>\n\nSecurity tokens are relatively easier to categorise. The value of such crypto tokens is generally associated with an underlying security or asset such as ownership interest in a company, hold, real estate, and others. The reason for the creation of security tokens was to regulate cryptocurrencies and control their volatile nature by linking their values to real commodities or assets. Basically, a security token is a blockchain-based representation of a real-world security like a bond, a property or shares in a company.\n\nTokenization of real-world securities can increase liquidity and make them more accessible to small investors.\n\n<h3>5. Governance Tokens</h3>\n\nLast but not the least, governance tokens are created to effectively manage voting systems and rights in a company. One use case of governance tokens would be to grant access to the company shareholders for voting in the decision-making process. As a blockchain-based voting system, they bring security and transparency in how decisions are made.\n\nSo, that’s all you needed to know about the different types of crypto tokens. However, it would not be wise to say that there will never be other types. As the world of crypto is evolving, so are the types and uses of cryptocurrencies. Make sure to know the type of token you are investing in and the purpose it serves.\n\n\nSource Link: <a href=\"https://libraecosystem.medium.com/what-are-the-different-types-of-cryptocurrencies-30c654eee255\">https://medium.com/</a>",
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      "author": "libraecosystem",
      "body": "@@ -3544,16 +3544,20 @@\n e%0A%0A%3Cb%3E6.\n+%3C/b%3E\n  Put a p\n@@ -3732,20 +3732,16 @@\n bra Coin\n-%3C/b%3E\n  to enjo\n",
      "json_metadata": "{\"tags\":[\"cryptocurrency\",\"cryptorisk\",\"cryptoinvesting\",\"libracoin\"],\"image\":[\"https://cdn.steemitimages.com/DQmWtrkC4GyGij68dUr8dN8QRKuemY2WttGij1z7fxJvJjj/Manage-Crypto-Trading-Risk.jpg\"],\"links\":[\"https://libraecosystem.com/blog/best-cryptocurrency-to-invest-in-2021-for-long-term/\",\"https://libraecosystem.com/\",\"https://libraecosystem.medium.com/how-to-manage-minimize-crypto-trading-risk-6692ad81ee6b\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}",
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      "parent_permlink": "cryptotrading",
      "permlink": "how-to-manage-minimize-crypto-trading-risk",
      "title": "How to Manage (Minimize) Crypto Trading Risk"
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  "op_in_trx": 0,
  "timestamp": "2021-06-23T06:44:51",
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{
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      "author": "libraecosystem",
      "body": "![Manage-Crypto-Trading-Risk.jpg](https://cdn.steemitimages.com/DQmWtrkC4GyGij68dUr8dN8QRKuemY2WttGij1z7fxJvJjj/Manage-Crypto-Trading-Risk.jpg)\n\n\nWhether you are trading crypto futures or simply investing in (buying and holding) cryptocurrencies, it is important to know how to manage risk in crypto trading. Here, you will learn about some foolproof ways to manage your crypto trading risk with a strong trading plan.\n\nLet’s start with the basics.\n\n<b>What is risk management in crypto trading?</b>\n\nThe crypto market is highly volatile. If you are not careful or don’t have a trading plan, you can end up losing all your money in a crypto crash. Risk management is how you eliminate or minimize the risks of incurring losses in your crypto trading activities.\n\n<b>Why is risk management important in crypto investing & futures trading?</b>\n\nWhen you are trading cryptocurrencies, you are dealing with a highly volatile asset. As we have seen multiple times, the crypto market can crash or boom at any time and without an indication, which is why it’s important to have a failsafe plan. Most importantly, a risk management plan will help protect your trading account from losing all its money.\n\nRisk management starts with having a trading plan, including targets and stop losses. This will help ensure you limit your losses while also having enough scope for your investments to grow.\n\n<h2>How to build a solid crypto trading risk management strategy</h2>\n\n<b>1. Create a trading plan</b>\n\nAs I said before, having a trading plan for cryptocurrency is highly important. It will guide you to consistently earn profits while minimizing your risks. Here’s what an ideal crypto trading plan would include:\n\n1. A detailed plan on how and when you would enter/exit positions\n2. Entry and exit indicators\n3. Stop loss\n4. Target profits\n5. Position sizing\n\nHaving a rock-solid trading plan in place will not help you limit your losses but also give you much-needed peace of mind. For instance, by setting stop-losses for all your trades, you put a limit on the maximum loss you can incur, which is ideally an amount you can comfortably afford to lose. The long-term benefit of having a trading plan is that you’ll eventually become aware of your trading habits, which will enable you to make more accurate plans with long-term goals in mind.\n\n<b>2. Follow the plan</b>\n\nWhen trading cryptocurrencies, always stick to the plan. It is normal for traders to get carried away by the Fear of Missing out (FOMO) and invest in the wrong asset at the wrong time. This particularly happens when you are losing. It’s like betting more and more with the hope to regain what you lost and eventually losing everything.\n\nA serious investor, however, always follows the plan, especially when they’re losing so as to minimize their losses.\n\n<b>3. Stop-loss</b>\n\nI know we have already talked about this before, but this is just way too important to not talk more. Stop-loss is one of the most crucial parts of a trading risk management strategy and one that is often neglected. It involves setting a limit on the maximum amount you can lose on an investment. For example, the bitcoin price is on a downward trend right now. So, if you are trading bitcoin futures, you might want to use stop-loss to set a lower limit on bitcoin price, i.e. a price limit where your sell order will be automatically executed to stop further losses.\n\n<b>4.</b> Never trade or invest more than what you can afford to lose\n\n<b>5.</b> Do not risk more than 5-10% of your capital at a time\n\n<b>6. Put a part of your crypto capital in more stable cryptocurrencies such as the <a href=\"https://libraecosystem.com/blog/best-cryptocurrency-to-invest-in-2021-for-long-term/\">Libra Coin</b> to enjoy good, long-term benefits</a> with limited volatility. This is like putting some of your money in debt instruments to diversify the risk. Libra Coin is the best coin for this purpose. Find out more at https://libraecosystem.com/\n\n\nSource: <a href=\"https://libraecosystem.medium.com/how-to-manage-minimize-crypto-trading-risk-6692ad81ee6b\">https://medium.com/</a>",
      "json_metadata": "{\"tags\":[\"cryptotrading\",\"cryptocurrency\",\"cryptorisk\",\"cryptoinvesting\",\"libracoin\"],\"image\":[\"https://cdn.steemitimages.com/DQmWtrkC4GyGij68dUr8dN8QRKuemY2WttGij1z7fxJvJjj/Manage-Crypto-Trading-Risk.jpg\"],\"links\":[\"https://libraecosystem.com/blog/best-cryptocurrency-to-invest-in-2021-for-long-term/\",\"https://libraecosystem.com/\",\"https://libraecosystem.medium.com/how-to-manage-minimize-crypto-trading-risk-6692ad81ee6b\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}",
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      "title": "How to Manage (Minimize) Crypto Trading Risk"
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  "timestamp": "2021-06-14T17:46:21",
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{
  "block": 54618218,
  "op": [
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      "author": "libraecosystem",
      "body": "![Top-7-High-Potential-Cryptocurrencies-2021.jpg](https://cdn.steemitimages.com/DQmZpj9cja5yPHpD7nQQupnEWDysgZUr7F6uZZzSeSLDCwY/Top-7-High-Potential-Cryptocurrencies-2021.jpg)\n\n\nInvesting in cryptocurrencies is one of the best ways to diversify your investment portfolio and reduce the risks associated with standard markets. The price of cryptocurrencies is not directly linked with the regular markets such as stocks and bonds, which is why it is a good idea to invest in digital currencies when looking to diversify your portfolio. However, that’s easier said than done.\n\nYou are probably thinking, which is the best currency you can invest in. Which cryptocurrency can give the best returns in about a year or so? Which coin is backed by a strong project and team? If you are wondering about these things, read here about the top 7 cryptocurrencies of 2021.\n\n<b>1. <a href=\"https://libraecosystem.com/\">Libra Coin (LC)</a></b>\n\nName: Libra Coin\nSymbol: LC\nPrice: $0.25\n\nLibra coin is a next-gen payment-focused digital currency for e-commerce platforms. The team is developing a unique kind of blockchain-based platform for the e-commerce industry that will help solve a number of problems of the industry, particularly providing e-commerce players, traders and users with an easy, secure & affordable way to make/receive payments digitally anywhere in the world.\n\nThe Libra coin can be purchased from the official website as well as from a number of top exchanges including Vindax. Users can also participate in the <a href=\"https://docs.google.com/forms/d/e/1FAIpQLSc3mmWnJgq3pAdFnbUwEvY2JXxogoGX1F1-Y5hUGjXfoblrBw/viewform\">Libra airdrop</a> to earn some FREE coins.\n\n<b>2. Dogecoin</b>\n\nName: Dogecoin\nSymbol: DOGE\nPrice: $0.33\n\nAlso known as the meme coin of the internet, DOGE became famous after billionaire Elon Musk started tweeting in support of the cryptocurrency. At the time of writing this article, DOGE is at number 5 in CoinMarketcap’s list of top cryptocurrencies of all time. It’s total market cap is over $42,888,325,130.\n\nYou can buy DOGE coins from any of the popular exchanges at a really low price.\n\n<b>3. Cardano (ADA)</b>\n\nName: Cardano\nSymbol: ADA\nPrice: $1.55\n\nBesides DOGE, Cardano is another cryptocurrency that has shown amazing growth in recent times. From nowhere until November 2020, ADA is now at 5th position in the CoinMarketcap list. The coin achieved its all time high price of $2+ in May 2021, but dropped soon after. At the time of writing this article, it is priced at $1.5, which is still quite affordable given the huge growth potential of the coin.\n\nYou can buy ADA from leading crypto exchanges like Binance.\n\n<b>4. Binance Coin</b>\n\nName: Binance Coin\nSymbol: BNB\nPrice: $362\n\nEven though the price of BNB is on a bit higher side in comparison to other cryptocurrencies listed in this article, the coin can still offer good value on investment. The reason, it is backed by the world’s number 1 cryptocurrency exchange Binance. As the native coin of Binance, BNB is going nowhere for years to come and will only see growth both in price and popularity.\n\nYou can buy BNB directly from Binance or any other top exchange.\n\n<b>5. TRON</b>\n\nName: TRON\nSymbol: TRX\nPrice: $0.07479\n\nTRON is a cryptocurrency that has been getting investors’ attention ever since it was launched in 2017. It is the native currency of the TRON blockchain-based operating system that aims to make blockchain technology accessible to everyone. One of the things that make TRON superior to other cryptocurrencies in the market is the network’s ability to process up to 2,000 transactions per second. Another aspect of TRON is as a decentralized content sharing and entertainment platform.\n\nBuy TRON directly from the official website or through top exchanges.\n\n<b>6. Stellar</b>\n\nName: Steller\nSymbol: XLM\nPrice: $0.3491\n\nStellar is currently ranked at number 19 in the CoinMarketcap list, which means it’s the 19th largest cryptocurrency in terms of market cap. The coin price has been rising steadily ever since its launch, mostly thanks to a strong project and digital payment platform. As a digital currency, Stellar allows users to easily & securely store, transfer and transact their digital assets. It is now widely used for trading digital assets across borders.\n\nXLM is now trading on multiple top crypto exchanges.\n\n<b>7. Ripple</b>\n\nName: Ripple\nSymbol: XRP\nPrice: $0.8815\n\nXRP is a cryptocurrency that was created to run on the RippleNet platform, which is a digital payment system built on top of XRP ledger, which is a distributed ledger database. Ripple is the company that owns all these, and thus XRP is often referred to as Ripple coin. Unlike other cryptocurrencies mentioned here, XRP is not based on blockchain but has its own similar distributed ledger database (XRP ledger). The main use of the coin is as a digital currency for real-time payments anywhere in the world.\n\nXRP is listed on almost all top crypto exchanges globally.\n\nOne thing that is common in all the above cryptocurrencies is that they currently have a low price but powerful concepts to grow exponentially in the future. So, anyone can invest in these coins and become rich in the coming days.\n\n\nSource: <a href=\"https://libraecosystem.medium.com/top-7-inexpensive-high-potential-cryptocurrencies-to-invest-in-2021-23e57ffa79d6\">https://medium.com/</a>",
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      "title": "Top 7 Inexpensive & High Potential Cryptocurrencies to Invest in 2021"
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      "memo": "Regarding the latest information and development of Steemauto. Old SteemAuto is already being switched off. Today, I would like to introduce you to new version of SteemAuto launched by one of most reputable witness. You can find it here: https://worldofxpilar.com/dash.php . I've helped testing it and it's WORKING GREAT so far (In case if you would have any questions, consider joining their discord channel: https://discord.com/invite/VAHHsmnNaJ )",
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      "author": "libraecosystem",
      "body": "![Cryptocurrencies In India.jpg](https://cdn.steemitimages.com/DQmNQeT2JJWmqUAKdR2G5DPgy2zefCheDDovioBmfFmVxFD/Cryptocurrencies%20In%C2%A0India.jpg)\n\n\nThe future of cryptocurrencies in India has been uncertain ever since the beginning. Even though India is now one of the largest countries in terms of the number of crypto users and investors, it still seems far away from legalizing crypto trading. With the government of India hell-bent to ban most, if not all, private cryptocurrencies, the future appears in doubt. However, there is also news of RBI planning to create and launch its own public digital currency in India.\n\nIn order to properly understand the future of cryptocurrencies in India, we must take a look into the past, to know how it all began.\n\n<h2>Cryptocurrency: History & the Past</h2>\n\nEven though there have been multiple attempts to create digital currency or money in the past, before the 2000s, the most significant step in the favor of cryptocurrencies was the release of the Bitcoin paper in 2008 by an anonymous developer or organisation that called itself ‘Satoshi Nakamoto’. At the time, the paper created a mass disruption in the industry, as it regarded Bitcoin as a peer to peer electronic cash system or a digital payment system that could effectively solve many problems of the traditional, centralized financial system.\n\nNevertheless, it was not until 2010 when the actual real-life use of Bitcoin was first observed. It was when a user exchanged 10,000 bitcoins for two pizzas. Yes, that’s correct. At the time, the value of one bitcoin was not more than a couple of US pennies. However, this showed the world that it was possible to buy things using Bitcoin (cryptocurrencies).\n\nAfter that, other cryptocurrencies inspired by Bitcoin started emerging. The most notable of these was Litecoin, which is now one of the top cryptocurrencies by market cap.\n\nBetween 2012 and 2017, Bitcoin and the crypto market as a whole gained immense popularity. The price of BTC increased by almost 200 times during this period. A new cryptocurrency called Ether (Ethereum) was also launched in between that changed the way people looked at digital currencies. ETH was the currency that shifted the user perspective of cryptocurrencies from digital payments to much more.\n\nThis was also the period when India first started witnessing the crypto movement. During the period, multiple exchanges namely Zebpay, Coinsecure, Unocoin, etc. started offering their crypto trading services to Indian users.\n\nIn December 2013, the Reserve Bank of India (RBI) released a statement saying that cryptocurrencies are not backed by the central bank and their value is not supported by an asset.\n\nIn another press release in February 2017, RBI regarded the 2017 crypto boom as an unintended consequence of 2016’s demonetisation.\n\nIn Oct-Nov 2017, the government in response to multiple PILs filed in the Supreme Court for clarification regarding cryptocurrencies in India formed a committee to study virtual currencies to figure out possible actions.\n\nIn April 2018, RBI abruptly decided to put an alleged ban on crypto trading in India by preventing banks and financial institutions from dealing in virtual currencies and/or providing services to entities that deal in cryptocurrencies. This was a major blow on India crypto traders and exchanges, as many digital currencies lost over 50% of their values overnight, trading activities dropped, volumes fell and a lot of people lost their jobs.\n\nIn March 2020, in response to a writ petition filed by multiple exchanges, the Supreme Court decided to lift the so-called crypto ban that was imposed by RBI in 2018. This was all the hope the industry needed. The crypto market and investors came back to life. Between April 2020 and February 2021, the price of Bitcoin jumped by over 700%, mostly thanks to the government’s positive outlook on virtual currencies.\n\nIn the latest news, the government announced that it is working on creating a sovereign digital currency of the state and will eventually ban all private cryptocurrencies in India. However, the same statement also mentioned that there could be some exceptions, and bitcoin is likely to be one.\n\n<h2>What does the future hold for cryptocurrencies in India?</h2>\n\nIndia’s crypto market is one of the largest in the world. It not only allows millions of investors to trade the global digital currencies, but also provides jobs to thousands of people country-wide. Even the government understands this, which is why it’s unlikely that they will outright ban all cryptocurrencies and/or exchanges from the country.\n\nThe most viable solution would be to come up with a way such that the focus is shifted from cryptocurrency trading to utilising the blockchain technology for innovation and to create solutions to a variety of problems in sectors like governance, security, data, payments, energy, and more.\n\nAlso, it is possible that futuristic blockchain projects that focus primarily on the applications of the blockchain instead of digital currencies may see a rise. \n\n<blockquote>Projects such as the <a href=\"https://libraecosystem.com/\">Libra Ecosystem</a> have the potential to change the crypto paradigm in India.</blockquote>\n\n\n\nOriginal Source: <a href=\"https://libraecosystem.medium.com/cryptocurrencies-in-india-what-does-the-future-hold-4c3144f2d7b9\">https://medium.com/</a>",
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      "body": "@@ -3253,16 +3253,179 @@\n bel)%0A%0A1.\n+ Every participants must join our official telegram community and channel%0A%F0%9F%91%89TG Community- https://t.me/LibraCoinGlobel%0A%F0%9F%91%89TG channel- https://t.me/LibraEcosystem%0A2.\n  Reward \n@@ -3519,17 +3519,17 @@\n ipants.%0A\n-2\n+3\n . Libra \n@@ -3657,17 +3657,17 @@\n notice.%0A\n-3\n+4\n . If any\n",
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      "body": "![Weekly-Quiz.jpeg](https://cdn.steemitimages.com/DQmV9jNPvsWuke3rZxrzij1jgiaWbRnW1uwpsMDZP3h5qd9/Weekly-Quiz.jpeg)\n\nWelcome back, Librarians\n\nWe’re pleased to announce our new events for Libra community supporters. Here’s something new for our Librarians to participate and earn rewards. At Libra, we’re going to start two new campaigns from today 1st June.The generous feedback from earlier AMA run has also helped us lot to get feedback and suggestions from community and make it even better. We elicit our sincere gratitude to you and ready to go. So we have got good news for community.\n\n<b>Part1: WEEKLY QUIZ COMPETITION</b>\n\n![Libra-Event.jpeg](https://cdn.steemitimages.com/DQmZRNbFL577Y1HmqUAJNtT39vxJxfWboRKzTVrb5chzf5t/Libra-Event.jpeg)\n\nLibra quiz competition is a weekly competition where everyone can participate and we’ll choose one lucky winner at the end of the every week until the end of the event.\n\n☑️ Note:-\n•This Contest will run from June1, 4:30 AM GMT — June 30, 4:30 AM GMT\n• Winner will be choosen based on the maximum correct answer and lucky one every week.\n• We’ll announce winner every Monday for the previous week and winner will be rewarded surprisely with the amount $20–40$ (Randomly Amount) within 3 days from announcement. Reward amount might be change every week.\n\n<b>Part 2: LIBRA INVITATION PROGRAM</b>\n\n![libra-inviation.jpeg](https://cdn.steemitimages.com/DQme1mH7Y1Y6h6qJPxW3VPq913JhMfwiUQptfA4U6eJSrBT/libra-inviation.jpeg)\n\nHere’s what Libra introducing another one Event for the community. We eagerly looking for new people to join us and support. In order to support them Libra has opened brand new Invitation program officialy for everyone. To make this campaign more fidelity and legit people to join us and win the reward, we at Libra decided to make this competition more legitimate by monitoring all the referral through bot and their online activity like last seen and responses in our community. Follow the instructions to complete the tasks one by one to qualify for the Libra Invitation Program.\n\n☑️Note:\n\n•This Contest will run from June1, 4:30 AM GMT — June 30, 4:30 AM GMT, Every Weekly basis from Monday to Saturday.\n• Who will referal more real Crypto friends he/she will be get reward 50$\nWe will pin a Google form. You have to enter your referral telegram username on daily basis in the form between 8 PM-11PM IST everyday ( 3 hours)\n\n👉[<b>Form link</b>- https://forms.gle/dmXFJP5KGBFQKdwX8]👈\n\n• If anyone use the form several times in a day then he/she will be restricted, If Users need then he/ she can be use this form on next day when form will open.\n• Invite your real and active crypto friends to join our community! and top referrals get 50$ every week until the event end.\n• Keep our community clean invite only real Crypto people.\n\nAuditing period for both the campaign will be on every Sunday and the event will run from Monday to Saturday every week. Winner will be choosen and announce Monday. For Invitation Program those who invite Saturday after form submission will be counted as next week referral, this will create more fairness in our Invitation Program.\n\n<b>Things You Need to Know About Libra Ongoing Events</b>\n\nVenue: Libra Telegram Group\n(https://t.me/LibraCoinGlobel)\n\n1. Reward amount will only be credited after several manual verification and only to legit participants.\n2. Libra reserves the rights to change the campaign rules and guidelines anytime and may discontinue the campaign without further notice.\n3. If anyone found with any kind of cheat or duplicate submission or using clone account to answer Quiz questions or generating own referral in Invitation Program may suspended from future events and his/her reward will be terminated and we’ll choose another participant randomly.\n\nIn the end we’ll thanks everyone for your tremendous support and keep your faith, we wish you all the best to all newcomers and happy earnings. We are hoping for your future support, believe Libra and we’ll grow together for sure.\n\nWebsite: https://libraecosystem.com/\n\nLibra official Social Media Handles:\n\nTelegram Channel: https://t.me/LibraEcosystem\nTelegram Group: https://t.me/LibraCoinGlobel\nTwitter: https://twitter.com/libraecosystem\nFacebook: https://www.facebook.com/ecosystemlibra/\nMedium: https://libraecosystem.medium.com\n\nHappy Earnings Everyone,\nTeam Libra Ecosystem",
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      "body": "@@ -1,8 +1,233 @@\n+!%5BIs the Libra Ecosystem Solving The Right Market%C2%A0Problems.jpg%5D(https://cdn.steemitimages.com/DQmTdQLJyZNiHPR5MzZWDWmFcbQ9aUsdsndpqh7UgMevK4x/Is%2520the%2520Libra%2520Ecosystem%2520Solving%2520The%2520Right%2520Market%25C2%25A0Problems.jpg)%0A%0A%0A\n There ar\n",
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      "body": "There are more than 5,000 cryptocurrencies out there, and many more coming every day. So, it is certainly not easy to choose the right currency for investment. When trying to assess a cryptocurrency, exploring more about the project behind it is one of the best things you can do. So, when planning to invest in the Libra Coin, one of the most common questions investors ask is whether or not Libra solves the right market problems and what they are.\n\nOne of the best ways to determine the quality of a cryptocurrency is to look into the project that it supports. Ask questions such as what the project is about, which industry problems it is trying to solve, who the competition is, and so on.\n\nIn the case of the Libra Coin, it is the native cryptocurrency of the <a href=\"https://libraecosystem.com/\">Libra Ecosystem</a>, which is a blockchain platform for e-commerce businesses.\n\nAccording to the website, “The Libra Ecosystem is a blockchain-based platform built for providing solutions to current problems and for the betterment of eCommerce businesses.” But, what exactly are the problems that the project is trying to solve? Let’s take a deeper look into it.\n\n<h2>What problems does the Libra Ecosystem solve?</h2>\n\nIn the Libra project whitepaper, there is a dedicated section titled “Biggest e-commerce challenges” that details the various challenges the traditional e-commerce industry faces. The project aims to solve all these e-commerce challenges and more.\n\n<b>Lack of Financial Services</b>\n\nWhen it comes to raising funds, small businesses always seem to be facing challenges. Big banks and financial institutions usually prefer businesses with actual revenue and not just the idea for a business. This is also true for startups and small businesses in the e-commerce sector.\n\n<b>Huge Competition</b>\n\nThe competition in every sector, including the e-commerce industry, is growing, and new businesses are unlikely to get success unless they try out new things and offer better services than existing players in the market.\n\n<b>The need for a middleman</b>\n\nMost of the existing e-commerce platforms are fully centralized, i.e. controlled by centralized entities such as owners and managers. In this kind of system, the well-being of the end consumer is often neglected due to things like lack of transparency, middleman cost, etc.\n\n<b>Lack of security</b>\n\nWhen you have to share your personal data, etc. with a third party like an e-commerce owner or vendor, it can put your privacy at risk. More often than not, the private information, including card details, phone number, etc. of e-commerce users are leaked from platforms.\n\nOther e-commerce challenges that Libra intends to solve include the complex e-commerce process, fraudulent actors, complicated investment cycle, lack & high cost of payment options, etc.\n\n<h2>Are these the right market problems that the Libra Ecosystem solves?</h2>\n\nThe e-commerce industry, for a long-time, has suffered from the problems listed above. The role of middleman and third parties is way too much in e-commerce processes, which makes things not only complicated but also insecure and expensive. The Libra blockchain will solve all these problems through its next-gen, blockchain-based e-commerce system that is transparent, highly secure and free from middlemen. Moreover, it allows payments using advanced, global and low-cost means such as cryptocurrencies.\n\nFind out more in the Libra Ecosystem project whitepaper at https://libraecosystem.com/assets/site/images/whitepaper.pdf\n\nSource: <a href=\"https://libraecosystem.medium.com/is-the-libra-ecosystem-solving-the-right-market-problems-4ec70b4f646a\">https://medium.com/</a>",
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      "author": "libraecosystem",
      "body": "![Subhash-Chandra-Garg.jpg](https://cdn.steemitimages.com/DQmYmSjjt6gh2gMvTDRQvc2g6AmaMTSxRFa8rH3EfnYcLA7/Subhash-Chandra-Garg.jpg)\n\n\nWhile addressing the participants at a virtual event organized by industry body Assocham recently, former Finance Secretary Subash Chandra Garg said that the government should not outright ban cryptocurrencies but it should come with a proper plan to regulate cryptocurrencies to promote the growth of digital currencies. In his statement, he also urged the government to promote the use of crypto services.\n\nSubhash Chandra Garg as the former Finance Secretary of India headed the inter ministerial committee (IMC) that drafted India’s cryptocurrency bill and had a major role in the overall process of the regulation of cryptocurrencies in the country.\n\nThis has come as a much-needed ray of hope for the crypto industry amid the ongoing concerns over the possible ban on cryptocurrencies by the Indian government. As of May 2021, the Indian crypto industry has millions of participants, including active users, investors, startups and developers. All these people are looking forward to hearing good news from the government, which seems to be determined to put a full ban on cryptocurrencies.\n\nIn his address, the former Finance Secretary urged the government to consider regulating cryptocurrencies instead of completely prohibiting them. “I don’t think we still have full clarity and understanding about how to regulate cryptocurrencies... Regulate, control cryptocurrencies but allow the crypto assets, encourage the crypto services.”\n\nAt the same time, Garg is positive that the government will come up with some intermediary solution that emphasizes the benefits of cryptocurrencies while removing their negative sides.\n\nAt the time of writing this article, there are already over a thousand cryptocurrencies exist in India, including many international crypto-coins and many more coming. Many of these cryptocurrencies are backed by strong and futuristic projects that can do a lot of good for the Indian economy and people. The <a href=\"https://libraecosystem.com/\">Libra Project</a>, which was launched in India only recently, for instance, intends to streamline the Indian e-commerce system with the global one using blockchain technology. It will not only allow Indian manufacturers to sell and supply their products to a worldwide audience but also it will ensure a truly trustless and middleman-free e-commerce system backed by many strong and secure payment options backed by the Libra Coin.\n\nThere are many such crypto projects that are already here in India and developing their innovative systems to help the Indian economy grow in line with the global standards. It’s time for the Indian government to back this revolution and not do anything to interrupt it. Creating and launching a proper crypto regulation would be the best first step.\n\nThere are already many crypto exchanges in India, allowing Indian users and investors to easily buy and trade their favorite cryptos. Libra is also planning to soon launch its global crypto exchange in India, which will allow cashless trading of ETH, Libra coin and multiple other digital currencies.\n\nWe are hopeful that the Indian government will come up with a solution that fits the industry demands and what the country needs. Banning cryptocurrencies is certainly not the right way. What we need is a proper system to manage and run the crypto industry,” says the CEO and founder of Libra Ecosystem.",
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