Introducing Gemini's Cryptopedia and RenVM

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Starting my day with finding reference to an exciting new information resource, I thought it worth stopping my other activities and writing to you about it. Along with it, I will share some brief points about its association with a new crypto investment I have made recently.

Source: Article "RenVM: Bringing Bitcoin to Decentralized Finance" in Gemini's Cryptopedia

Almost from the outset of my "journey" investing into this remarkable new asset class, I found Gemini's Exchange to be very reliable. It is currently my "go to" exchange for moving fiat into these new "virtual worlds." And has been for some time ...

Like any well run business, they just keep getting better and better, as they introduce new product offerings. This morning I got an email from them announcing:

"... the launch of Cryptopedia, a free educational platform that provides open-access, high-quality crypto education to the world."

I was immediately interested in checking it out.

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Let's take a closer look ... 🧐

Gemini Exchange and its new Cryptopedia! 👍

Based out of New York, the Gemini Exchange was founded by the Winklevoss twins - Cameron and Tyler.





















Source: Articles on the Winklevoss twins - Cameron (L) and Tyler (R)- on Wikipedia

If not familiar with their story, they had a famous legal battle with Mark Zuckerberg over who originated the idea behind what became FaceBook. While they lost the lawsuit battle over ownership, they did reportedly win millions in a settlement.

Which they reportedly promptly invested into Bitcoin in 2013. And HODLed them all ... 🙌

Needless to say, they're doing all right ... 😉

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In launching Cryptopedia, they are further investing into being "your trusted source for all things crypto." Given their expertise and the "pool of talent" they have assembled around them, you may wish to add this resource to your own trusted sources of information.

I have. It was easily done by adding my email address to their subscription list. As a free service, I don't think you can go wrong.

RenVM and RenBridge

Reader's of my posts may recall I am not a fan of "wrapped" tokens, but understand their "stopgap" necessity and, as a result, I am a WLEO liquidity pool investor.

As stated in this referenced post, I think a lot of very talented teams of people are working on much better "native token" alternatives. Always on the lookout for them, RenVM and its RenBridge is a candidate worthy of consideration.

Upon checking into Cryptopedia this morning, I was pleasantly surprised to see an article on RenVM on their list. Further impressed upon finding it was authored by cofounder Taiyang Zhang, dear reader, I would like to briefly introduce it to you now.

Source: Lead image on Ren's home page

RenVM refers to itself as "... an open protocol providing access to inter-blockchain liquidity for all decentralized applications."

While today there are 1,000s of digital assets based on blockchain technology, we all are likely aware many of them are either DOA or will be soon enough. So, while RenVM will likely never be close to supporting them all, we can assume they will certainly provide support for the uhhh ... "big boys!"

Here ...

Source: Image on Ren's home page

... we see RenVM's currently supported list, with more being added all the time.

Via RenBridge and its use of the Metamask wallet, we can see it is already connecting to both the Ethereum and Binance Smart Chain blockchains.

Great start!

After performing some due diligence and learning about its recent announcement of a partnership with crypto trading firm Alameda Research, as well as appreciating their approach to protecting privacy, I am now an investor in REN!

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If you'd be interested in more information, I'd suggest following up on the related post in Gemini's new Cryptopedia, learning about cofounder Taiyang Zhang, and reading his posts on Medium.

Postscript to Introducing Gemini's Cryptopedia and RenVM

Those of my dear readers who might have had some interest / concern about my whereabouts will know I have not posted since celebrating becoming an an Orca!? 🦈 Sort of ...

Source: @roleerob's lead image in his last post

In it, I referenced writing it as a "POL" post, along with this explanation ...

  • "POL" @roleerob? Never a big fan of the common POB (Proof-of-Brain ... 😒) references, I decided to play with it a little. So ... "POL" is "Proof-of-Life" ... 😉

Well ...

Consider this my latest "POL" post ... 😉 "Real life" has not allowed me the time to resume contributing content as I have in the past. But ...

With the LeoFinance community's upcoming launch of both "Project Blank" (anticipated to be some sort of Leo version of "Twitter on a blockchain" ...) and LeoFi, while I may not be resuming a high level of activity for the foreseeable future, you can rest assured ...

I'll be around!
🦁
🚀

And I always respond to comments, questions, and / or concerns. Either here on my posts, some of our communities on Discord, or in DMs on Discord. I check into these almost daily ...

Closing

Choosing to invest into this remarkable new asset class beginning in August 2017, I've endured the ❄️ "long, hard crypto winter" ❄️and HODLed tight to my tokens throughout ...

For those of you who have a similar story, isn't this new crypto Spring nice!🌻🌻🌻

If choosing to continue to invest, you can't get enough good information, particularly information in which you can place some confidence. As I have never personally been let down by Gemini (which is rare), I really hope you find some value in this great new resource.

For me, as much as anything else, I can count on knowing the staff at Gemini must themselves have a favorable view of any crypto they choose to write about. Otherwise, why would they waste their valuable time?

I’d love to hear any feedback you may be inspired to provide.

Until "next time," all the best to you for a better tomorrow, as we all work together to build up our LeoFinance Community and add increasing value to our Hive blockchain! 👍 😊

Respectfully,
Blogger @roleerob
Hive "Dolphin" 🐬, LeoFinance "Whale" 🐋, & Man Cave "Dragon" 🐉

🐝 🍯 🐝


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P.S. I am not a financial adviser. Please consider this post as financial information and / or opinion only. Please perform your own due diligence, in whatever manner you seems best to you, if you have found it to be beneficial.

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Posted using LeoFinance and “immutably enshrined” in the Hive blockchain on Friday, 19 February 2021!
🌲 No trees were harmed in the publishing of this post! 🌲


Interested in reading more of my related posts?

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"Wrapped" Tokens are the Future?

My "contrarian" view of the speculative "feeding frenzy" surrounding the use of "wrapped" tokens in pursuing the potential of DeFi opportunities. Along with a look at an attractive alternative ...
Money Goes Where Treated Best!?

With a decision to make re: where to invest future funds, in choosing between BRO and LEO, I take a closer look at this well-known bit of investment advice. Should we consider whether it really holds true for the Hive blockchain?
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With discretionary funds from powering down on the Steem blockchain, I decided to invest some of it into additional LEO tokens. This post covers my experience with attempting to do it on LeoDex.

LeoFinance: A Hive blockchain community devoted to investing!
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12 comments
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pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 45 of my contest just started...you can now check the winners of the previous week!
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Good to hear from you @roleerob, was about to send a search team for you. Hope you have been doing well whislt you've been hiding from us!!

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And nice to hear from you @livinguktaiwan! 🙂 With few exceptions, I am "around" daily, although I don't engage as much as I used to, as time doesn't permit it. I also spend time in Discord reading, with my "cloaking device" on ... 😉

I hope you and yours are well my friend. "Crazy land" here in America, but life goes on ...

Take care, until next time! 👋


P.S. Any update on your plans to return to your beloved Taiwan?

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Texto original
Hello my dear friend, I am glad to read a post from you. They are always so interesting and informative.

I started using Binance, I don't have much experience so my use of binance is very basic even though it has many options.

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Hello my dear Venezuelan sister! Yes, I do "surface," from time to time, to let those interested in knowing that I am still above ground ... 😉

Binance is a powerful CEX (centralized exchange), but they don't allow Americans to use it. I prefer to try and execute as many transactions as I can on DEXes (decentralized exchanges). Cryptos like the RenVM token discussed here are part of the growing effort to make that an easy reality. We'll see together what the future holds, but someday CEXes may be "extinct" ...

Thank you for stopping by! 👋

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Congratulations @roleerob! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You received more than 30000 upvotes.
Your next target is to reach 35000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Hive Tour Update - Communities
Hive Tour Update - Advanced posting
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My respected senior @roleerob , I guessed you were traveling the entire North American continent. By the way, you seem to have been busy in the business of virtual currency. 😄

I have a hard time understanding the explanation of your kind cryptocurrency investment because of my poor English and lack of computer and internet expertise.

Still, I'm going to create my personal account for trading cryptocurrencies at a Korean bank. I have no intention of getting rich through cryptocurrency like you do. I want to understand the concept and difference of centralization and decentralization through blockchain and cryptocurrency.

I've been reading your articles so far, but it was hard to understand the American nuances and the concept of stock investing.
I thought that I would be able to understand your articles only by buying and selling cryptocurrencies.

Always thank you for your kind explanation and help.
I wish you longevity and health.

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Nice to hear from you, my fine Korean friend! Commenting a bit on your thoughts ...

"Still, I'm going to create my personal account for trading cryptocurrencies at a Korean bank. I have no intention of getting rich through cryptocurrency like you do."

I would encourage you to reconsider this thought, as I am in no way seeking to get rich. Along with those in much of the world, I am forced to be involved in more speculative investments than I would like. Why? The "Almighty" State, all over the world, is destroying the value of "fiat" currency. Unless you can manage to figure out how to invest in these more speculative assets, like cryptocurrencies, you will find the value of your money declining.

For the sake of my wife and I, my effort is simply to maintain the modest standard of living we have. Nothing more.

As for learning to trade yourself, you may wish to consider simply investing "in here," as the Hive blockchain offers an opportunity to learn via investing in 2nd layer tokens in LeoDex. For a simple example, the LEO token is now worth almost 3X what HIVE is worth

image.png

By using their UI, you can see that my upvote of your comment here has resulted in some LEO coming your way, upon post payout:

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Which will result in an increased amount in your Hive Engine wallet:

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Trading tokens inside LeoDex costs you nothing, i.e. there are no fees.

I hope this is some help to you, @goldgrifin007! 🦁🚀


No, while I have done some traveling, I have been home for weeks. I just don't post as much as I used to, as I have too many commitments on my time out in the "real world." I do try to check daily on any correspondence. Either here on posts or inside Discord. I can generally be counted on to reply within 24 hours.

As I say in the post above, I am still here. Until next time, my friend! 👋

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I would encourage you to reconsider this thought, as I am in no way seeking to get rich.

Dear @roleerob , When I looked at my writing again, I made a mistake. I misunderstood that you want to be rich. Wish you understand that I don't know the nuances and etiquette of English.

Along with those in much of the world, I am forced to be involved in more speculative investments than I would like. Why? The "Almighty" State, all over the world, is destroying the value of "fiat" currency. Unless you can manage to figure out how to invest in these more speculative assets, like cryptocurrencies, you will find the value of your money declining.

The dictionary meaning of your English sentence is understandable, but I don't understand the behavioral concept because I don't know about stock investment and fiat money.😅

As for learning to trade yourself, you may wish to consider simply investing "in here," as the Hive blockchain offers an opportunity to learn via investing in 2nd layer tokens in LeoDex. For a simple example, the LEO token is now worth almost 3X what HIVE is worth

Wow, I didn't know that way. I'll try following your advice.
Thank you! 😄

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"I'll try following your advice."

If you do and have questions, Discord is the best place to ask them of me.

All the best to you! 🦁🚀👋

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Dear @roleerob.

I hope you don't mind this comment, which isn't related to your publication. I would like to encourage you to join my personal charity initiative, which I've organized as a way to celebrate my recent anniversary on HIVE blockchain.

Goal of this initiative is to help good friend of mine (from Venezuela), who's having young son who suffer Asperger condition. He just had his 14th birthday and we're trying to raise some funds to buy him small gift.

Entire payout of my post will go to his father (@Joseph1956), so all I would ask you is to visit this post and drop generous upvote.

Help us make this world a better place. Even if just for one kiddo.

ps. I know that this comment does look like it's automated, however I posted it manually and I will check your reply (assuming you will respond).

Yours, Piotr

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