DiscoverAmigosPC144 Bad A** NFT's with Sentient Jay
144 Bad A** NFT's with Sentient Jay

144 Bad A** NFT's with Sentient Jay

Update: 2021-10-01


Join Scott and Mark with their guest, Sentient Jay, as they talk about theNFT’s, Block chain& Ethereum network. Sentient Jay is NFT guru and in home crypto miner.NFT:Anon-fungible token(NFT) is a unit of data stored on a digitalledger, called ablock chain, that certifies adigital assetto be unique and therefore not interchangeable.NFTs can be used to represent items such as photos, videos, audio, and other types of digital files. Access to any copy of the original file, however, is not restricted to the buyer of the NFT. While copies of these digital items are available for anyone to obtain, NFTs are tracked on block chainsto provide the owner with a proof ofownershipthat is separate fromcopyright.The NFT market value tripled in 2020, reaching more than $250 million.During the first quarter of 2021, NFT sales exceeded $2 billion.Block Chain:Block chain, sometimes referred to as Distributed Ledger Technology (DLT),makes the history of any digital asset unalterable and transparent through the use of decentralization and cryptographic hashing.A simple analogyfor understanding block chaintechnology is a Google Doc. When we create a document and share it with a group of people, the document is distributed instead of copied or transferred.This creates a decentralized distribution chain that gives everyone access to the document atthe same time. No one is locked out awaiting changes from another party, while all modifications to the doc are being recorded in real-time, making changes completely transparent.Of course, block chainis more complicated than a Google Doc, but the analogy is apt becauseitillustrates three critical ideasof the technology:Ethereum:Ethereumis adecentralized,open-sourceblock chainwithsmart contractfunctionality.Ether(ETHorΞ) is the nativecryptocurrencyof the platform. Amongst cryptocurrencies, it is second only toBitcoininmarket capitalization.Ethereum was conceived in 2013 by programmerVitalik Buterin.In 2014, development work commenced and wascrowdfunded, and the network went live on 30 July 2015.[4]The platform allows anyone to deploy permanent and immutabledecentralized applicationsonto it, with which users can interact.Decentralized finance(DeFi) applications provide a broad array of financial services without the need for typicalfinancial intermediarieslikebrokerages,exchanges, orbanks, such as allowing cryptocurrency users to borrow against their holdings or lend them out forinterest.Ethereum also allows for the creation and exchange ofNFTs, which are non-interchangeable tokens connected to digital works of art or other real-world items and sold as unique digital property. Additionally, many other cryptocurrencies operate as ERC-20 tokens on top of the Ethereum block chainand have utilized the platform forinitial coin offerings.Outline of the Episode:

[01:19 ] Sentient Jay Introduction.[02:21 ] Block Chain (A Public Ledger)[03:45 ] Story of the Kid who done some outstanding things in Block chainworld [07:43 ] How Jay started acquiring cars?[09:30 ] NFTs & Ethereum network?[22:26 ] Ethereum Mining[24:01 ] Is there is any plan to handle extraordinary situations b/w Coins[30:53 ] NFT's, use cases and values[36:36 ] Government eyes on the miners and fear of losingdata due to malware[43:13 ] Hash rateGPU Efficiencywith Mining[46:05 ] Ethereum & AMD cards[50:15 ] China Strategy on Mining[54:27 ] How to find a Financial Freedom? [54:27 ] What are Jay's favoriteNFT's?[01:00:41 ] What you have learned about Crypto Currencies and NFT's that is Illegal to know?Catch Sentient Jay!Twitch: with AmigosPC!Website:https://www.amigospc.netFacebook: Twitter: out Offical AmigosPC Merch at: the conversation with the Amigos by becoming a member of Amigospc get direct access to our discord and other cool free stuff

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144 Bad A** NFT's with Sentient Jay

144 Bad A** NFT's with Sentient Jay

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