Category: Uncategorized

A Crypto Name System Proposal

I have long been daydreaming of a unified name system for everything crypto. That is, one single namespace for: Address aliases for Bitcoin and altcoins An alternative domain name system (DNS) for the Internet Secure messaging Ticker symbols for crypto stocks and other DeFi assets Whatever else creative souls can think of I know there are many name systems out there. Namecoin, OpenAlias, Counterparty, Handshake, HNS, ENS and Unstoppable Domains […]

Continue Reading →

The Discovery of the Oldest NFT Sold on Auction

In March this year Telegram user Cornholio the Great discovered OLGA, the oldest known NFT. He went on to create another NFT named OLGANFT which is a tribute to the original OLGA. This screenshot of the chat is the NFT: The drawing shown on the chat is the original OLGA which he discovered on the bitcoin blockchain as a base64 image. Cornholio put OLGANFT up for auction with the following […]

Continue Reading →

GIMP – Outline Text Shortcuts

These are the steps to outline text in GIMP: Write the text Right click inside text box Select Path from Text Shift+CTRL+N to open the New Layer form Enter to OK the default options Shift+V to select the path around the text Click Select, then Grow… Enter to OK the default options Shift+B to select the Bucket Fill Tool Click over the text to fill with the foreground color Click […]

Continue Reading →

Do Testnet Bitcoins Have Real Value?

Testnet bitcoins (tBTC) are supposed to be worthless. After all, the purpose of these coins are to allow for testing without risking real money. However, these coins are getting difficult to get hold on and the faucets are running dry. Will testnet coins soon be traded for real money? What is testnet exactly? The Bitcoin Core software lets you chose between two networks. The default is mainnet, or simply Bitcoin. […]

Continue Reading →

The transactions behind the OLGA NFT

OLGA is likely the first NFT ever created. It was made through the following bitcoins transactions: #1Tx Hash: e5e9f6a63ede5315994cf2d8a5f8fe760f1f37f6261e5fbb1263bed54114768aBlock: 305451Date: 2014-06-12View on Xchain.io and Blockchain.com.Purpose: Create OLGA token with description “One & Only”. #2Tx Hash: 34da6ecf10c66ed659054aa6c71900c807875cb57b96abea4cee4f7a831ed690Block: 305455Date: 2014-06-12View on Xchain.io and Blockchain.com.Purpose: Lock the token supply at one. #3Tx Hash: 627ae48d6b4cffb2ea734be1016dedef4cee3f8ffefaea5602dd58c696de6b74Block: 369466Date: 2015-08-11View on Xchain.io and Blockchain.com.Purpose: Embed the OLGA art piece on the blockchain. The third transaction contains a […]

Continue Reading →

My experience of migrating a website from one webhost to another

I just transferred my website from Siteground to Hostinger. The process was pretty easy, although it took me a few hours due to a some hiccups. Transfer the filesI saved all files from Siteground to my computer via FTP (FileZilla) and then uploaded them to Hostinger. It was easy to do but it did take some time. It’s because of WordPress (WP). Plugins have added 10,000+ files to my directories. […]

Continue Reading →

Global currency collapse in 2020?

Can the current economic crisis spiral into a full-blown currency crisis? And if so, will multiple currencies fail simultaneously? I do not pretend to know the answers, but here are my thoughts. Summary The bond market (debt market) is very fragile. Quantitative easing (QE) by central banks may have saved it from collapse during the 2008 banking crisis. This time around it’s not only banks, but everything from company junk […]

Continue Reading →

Global platinum shortage when corona epidemic hits South Africa?

Seventy percent of the world’s platinum supply comes from South African mines. Will the coronavirus force a full shutdown of SA’s mines? As of today, 23 March 2020, SA is the country in Africa with the most confirmed coronavirus cases; 402, up by 128 in one day. Almost one in five South Africans are infected with HIV. That’s seven million people. Sixty percent of these also suffer from tuberculosis. Nearly […]

Continue Reading →