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5 WAYS TO EARN, GROW AND SPEND BITCOIN IN ZAMBIA IN 2021

One frequently asked question by newcomers in the Crypto Tamanga community is: HOW CAN I EARN BITCOIN WITHOUT INVESTING. Well, the answer to this is not a straight forward one because a lot of factors come into play. Factors such as, how much time do you to have to burn? Services available in your locality, and general adoption levels of crypto in your locality. To put in context, in Zambia we do not have services that reward users in bitcoin and neither is the adoption to a point where I could readily be tipped or paid in bitcoin. That being said, for future purposes, here are some ways one can earn bitcoin without having to invest your money. Disclaimer: The content in this article is meant for educational purposes only, and must not be taken as financial advice. For financial advice, please seek the services of a registered financial advisor. For one who is a new comer to crypto, the thought of owning the first fraction of Bitcoin is a daunting one. This is mainly because, as a be...

What Is A Smart Contract

Image courtesy of Hacker noon In this article I take a look at Smart Contracts. Smart Contracts have taken a center stage as one of the applications of blockchain technology. Although it is widely accepted that they have great potential to change the way business is conducted globally, there still remains a low understanding of the concept. This article attempts to give an understanding of the concepts surrounding Smart Contracts, the potential, challenges, and future of smart contracts. History of smart contracts In 1994, Nick Szabo, a legal scholar and cryptographer realized that the decentralized ledger could be used to convert contracts to computer code so that they could be stored and replicated on the system and supervised by the network of computers that run the blockchain. He introduced what he called smart contracts, also known as digital contracts or self-executing contracts. Definition of smart contract A smart contract is a computer protocol intende...

Extract: Crypto Crime Report by Chainalysis

Chainalysis released a report on crime in the cryptocurrency ecosystem. The report, which was released in January 2019, highlights the different types of illicit activities taking root in different cryptocurrencies. The report delves into how d ecoding hacks shed light on two prominent groups and their laundering strategies, how Darknet markets demonstrated resilience, and how Ethereum scams are small in scale but evolving fast. In this article we extracted the section that talks about Ethereum scams. The full report can be found here . Fewer scams, bigger revenues: a radically changing landscape for Ethereum crime In 2018, only 0.01% of ether was stolen in scams, worth $36 million, double the $17 million take for 2017. This makes scamming on the Ethereum blockchain one of the lowest-earning types of crypto crime analyzed in this report for 2018. Furthermore, the number of scams declined through 2018, although those that remained were bigger, more sophisticated,...

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