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How to Get Free DeSo Crypto

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Would you like to get free DeSo? Imagine what could happen if DeSo moved like Solana. The Free Deso could be almost $2,500 in one year. That’s a lot of potential money to pass on when all you have to do is sign up and get verified.

That is the great thing about crypto. With the mass movement to get more people to adopt cryptocurrency, you can earn free crypto if you are willing to spend a little time.

If you would like to earn Free DeSo, click on this link, go through the KYC verification as you do on Coinbase and other platforms to get your free DeSo now.

Recommended Read: Cryptobrowser – Earn Money Surfing the Net – Crypto Bite

If you want to know more about $DeSo before signing up, continue reading this blog post. Don’t forget to use my link, so you get free Deso to get started.

free deso

Investing Your Free DeSo

There are two key ways that you will want to invest your free DeSo that you receive after KYC verification.

Investment Number One With Your Free DeSo

Always invest in yourself. I suggest buying at least 3 of your creator coins with the free DeSo from your sign-up.

Investment Number Two

Take the rest of the free DeSo you received and find some creators that you like. These may be NFT artists, Celebrities, business people, or just everyday creators that are highly active. There are plenty of options to invest the free DeSo that you received just for signing up with my link and following the KYC Verification process.

Recommended Read: Mars Metaverse, Mining App, And Referral Code – Crypto Bite

DeSo: Decentralizing Social Media Infrastructure

In the information age, nothing has been as transformative as social media. These online community platforms have enabled users to broadcast messages instantly from just about anywhere around the world. Even with the convenience the platforms offer, they have an Achilles’ heel, which is evident now, more than ever – centralization.

The recent outage of Facebook and its subsidiary platforms, Instagram and WhatsApp, revealed to the world the risk of leaving the control of these platforms to a few hands at the top. Now, the nascent and revolutionary blockchain technology is rethinking social media through a decentralized, privacy-first approach.

The Decentralized Social blockchain, or DeSo for short, is an open-source and scalable system built from the ground up to run social applications with over a billion users seamlessly. Free of central control and with users’ interests at heart, DeSo’s members have a governance stake in the protocol. This way, the platform’s members can introduce and implement policies that work for them, rather than the few elite and c-suite executives, as is with mainstream social media platforms.

free deso crypto

Monetizing Content Creation through DeSo

Nearly all social media platforms are free to sign up for the end-user. Still, big tech firms are some of the highest-grossing companies worldwide, mainly through ad sales. Shockingly, content creators on platforms like Facebook, Twitter, and Instagram barely earn any money from the companies. DeSo is setting up a thriving ecosystem for creators to monetize their content. This way, fans can support their favorite creators directly while expecting to get the best quality of content on their feed always.

Another way DeSo reshapes social media interactions is through its content piracy proofing. The blockchain embeds contents with unique digital signatures so, it’s easy to verify the original creator hence protecting creators’ copyright. Not only are you getting your content protected against counterfeiting, but also watertight security for your personal information.

Free from Censorship

Like any other centralized institution, operations of social media platforms have been subject to the policies of the different firms which reserve the right to admission. DeSo, a decentralized platform, allows all users unrestricted access to the platform’s tools to promote free speech and unjust censorship, often by oppressive governments.

DeSo Breaking New Ground

Established by Nader Al-Naji and run by the DeSo Foundation, the blockchain has recently secured a $50 million funding to speed up the development of DeSo’s solutions. As the next frontier for blockchain, the platform plans to capitalize on untapped potentials like scalability, privacy, creator monetization, and decentralization to build robust social networks.

Over 100 social network apps on DeSo include Pulse, BitClout, Diamond App, Supernovas.app, NFTz.zone, and Polygram. Users can spend the protocol’s native currency, $DESO, to buy social tokens or NFTs, create profiles or posts, and reward creators. The token has a 10.8 million supply cap and is listed on Blockchain.com Exchange for users to trade.

Still Want to Learn More about DeSo?

To learn more about DeSo and interact with other community members, visit the DeSo Foundation’s official website here or connect to their social networks on Twitter and GitHub.

You can also find additional information on DeSo here on my other blog posts.

Don’t forget to sign up using this link!

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2 Comments

2 Comments

  1. Isaac M

    December 15, 2021 at 6:09 am

    Hey, great info and highly suggest anyone who is not on Deso yet to sign up! The render oft he piggy bank and coins were made by myself. I would love some attribution! ?

    • Cryptologist

      December 15, 2021 at 8:09 am

      I enjoy the artwork. There is a link to your main profile in the post now and I would love to do a full article.

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Bitcoin

Blockchain and Artificial Intelligence

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Artificial intelligence (AI) was introduced in 1955 by John McCarthy

Artificial intelligence (AI) is the ability of a computer program to think, learn and mimic human thought. Introduced in 1955 by John McCarthy, artificial intelligence has several different fields of study. These fields include computer science, mathematics, psychology, and philosophy, among many others. AI is linked to several different use cases. The most prominent use cases include machine learning, supply chain optimization, speech recognition, self-driving cars, and manufacturing optimization.

Now we know a bit about AI, let’s review a few examples of how AI is improving decentralized networks like blockchain.

Cryptocurrency Trading

During the past few years, artificial intelligence has substantially increased its presence in the area of crypto trading. This is particularly true with high-frequency trading (HFT). Essentially, HFT is a type of algorithmic financial trading characterized by high speeds and high turnover rates. High-frequency trading is a perfect vehicle for cryptocurrency trading because the crypto universe has several different exchanges.

HFT uses artificial intelligence to analyze multiple technical indicators across various exchanges in an effort to take advantage of market opportunities. AI is still in its infancy stage in regard to crypto trading. Going forward, artificial intelligence will play a pivotal role within the crypto trading community. These are commonly known as trading bots.

Suggested Read: What Are Public, Private, and Consortium Blockchains? – Cryptobite

Blockchain Security

Unfortunately, industries that find themselves in a hyper-growth phase are more susceptible to cyberattacks and malware. Without question, blockchain technology, along with digital assets, is currently experiencing an explosive rate of growth. Consequently, the blockchain industry has endured an exponential increase in malware, phishing, fraud, and digital theft. Based on data provided by industry experts, $9 million is lost to cryptocurrency scams on a daily basis.

The key to successfully thwarting a blockchain hack is to identify the threat and understand the nature of the attack as quickly as possible. Hackers are acutely aware that they must strike quickly in order to launch a profitable attack. Unfortunately, crypto exchanges have a poor track record in preventing cyber-attacks. AI-based cybersecurity systems are designed to detect a hack in real-time and dramatically increase the likelihood of stopping the attack. AI systems are far superior to traditional cybersecurity systems because AI has the ability to detect patterns from previous attacks. This information can be used to prevent future cyber threats.

Bitcoin Mining

As you know, all crypto transactions are verified and added to the blockchain by Bitcoin miners to maintain the integrity of the network. In exchange for their work, miners are rewarded with Bitcoin. Crypto mining requires energy consumption and computing power. Over the past few years, Bitcoin miners have explored the idea of using artificial intelligence to reduce energy waste and computing power to reduce costs.

A few of the largest mining companies have created AI-based systems, allowing companies to share power and increase profitability. AI algorithms have made crypto mining faster, more profitable, and more efficient. Without question, artificial intelligence will continue to play an essential role throughout the crypto industry.

Brief Summary of Blockchain and Artificial Intelligence

Artificial intelligence (AI) was introduced in 1955 by John McCarthy

  • AI is the ability of a computer program to think, learn and mimic human thought.
  • AI encompasses several different fields of study.
  • AI has increased its presence in cryptocurrency trading.
  • High-frequency trading uses AI to analyze technical indicators across many exchanges.
  • AI-based cybersecurity systems are designed to detect a hack in real-time.
  • Bitcoin miners use AI to reduce energy consumption and computing power.
  • A few of the largest mining companies have created AI-based ecosystems.
  • AI algorithms have made crypto mining faster, more profitable, and more efficient.
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Blockchain

How Does Blockchain Compare to Other Innovations?

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How Does Blockchain Compare to Other Innovations

Probably, the most innovative discoveries of the past 100 years are the world wide web (i.e., internet) and the mobile phone. By now, both these things have become a must-have of modern human beings. Let’s look at the stats. In 1995, only 17% of USA residents were using mobile phones. By 2018, only 5% of US residents still did not have this device in use. While in 1995, only 16 million people (0,4% of the world’s population) were internet users, by 2018, this number increased to 4.2 billion, which is more than half of all people. Interestingly, during the first 5 years of the internet’s existence, only 5% of all people have found it worthy enough to use.

These numbers indicate how we interact with new technologies. As a general rule, most people are skeptical of discoveries and innovations at the early stages of their existence. Still, when the benefits of using a certain technology become obvious, it spreads all over the world with the speed of light.

Typically, it takes about 10 years before the average consumer makes an effort to research a new product or service. By this time, approximately 10% to 20% of the overall population had adopted the innovation. The remaining 80% to 90% of the population is still on the sidelines, unwilling to implement this new technology into their daily lives. Within 20 years of the new product’s existence, the majority of the population finally adopted it. Without question, consumers are very slow to implement new technologies.

Suggested Read: Blockchain and the Banking Industry – Cryptobite

Adoption of Blockchain Technology

But should we wait another 20 years to see the adoption of blockchain technology? Most likely, it will occur much faster than the internet, mobile phones, automobiles, or air travel. Why? Because once the blockchain infrastructure is in place, the old ledger system becomes useless. Therefore, soon, consumers will not have to choose between the new digital ledger and the old manual ledger. Companies that won’t migrate to the blockchain will be left behind and eventually forced out of business.

Within the next decade, blockchain technology will permeate our daily lives. For example, everyday things like voting, purchasing a vehicle or a home, visiting a medical care provider, investing in the stock market, obtaining a bank loan, going to college, or shopping at a retail establishment, will encounter blockchain technology.

Most probably, within the next five to 10 years, we will encounter blockchain technology daily. This explains why it will be exponentially larger than the internet.

Brief Summary of Blockchain In Comparison to Other Innovations

  • As a general rule, people are skeptical of discoveries and innovations.
  • It takes approximately 10 years for the average consumer to become a regular user of innovations.
  • Full adoption of a new product or service takes 20 to 30 years.
  • The adoption rate of blockchain will occur much faster.
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Bitcoin

What Is Blockchain Consensus Algorithm?  

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What Is Blockchain Consensus Algorithm

Blockchain technology has many different moving parts. Hence, to operate smoothly, the architecture must be properly designed. An important piece of Nakamoto’s architectural design is the use of a consensus algorithm. 

Blockchain Consensus Algorithm in a Nutshell

In its simplest format, a blockchain consensus algorithm is a decision-making process. It is designed to assist in reaching a common decision by a group of people. Of course, in this particular scenario, the consensus algorithm involves blockchain-related solutions.

How Does it Work?

Let’s assume that 20 co-workers are asked to collaborate and offer a recommendation on a specific project. Each participant in the group will reach a decision that will provide the greatest individual benefit. The group must listen to each recommendation and decide which of them will provide the greatest overall benefit. The final recommendation must be accepted by all group members regardless of whether it offers the best solution for each individual.

Let’s assume that 20 co-workers are asked to collaborate and offer a recommendation on a specific project. Each participant in the group will reach a decision that will provide the greatest individual benefit. The group must listen to each recommendation and decide which of them will provide the greatest overall benefit. The final recommendation must be accepted by all group members regardless of whether it offers the best solution for each individual.

Suggested Read: Luxury Fashion Brands Are Entering The Crypto Space (cryptobite.io)

Brief Summary of Blockchain Consensus Algorithm

  • An important piece of blockchain architecture is the use of a consensus algorithm.
  • It is a decision-making process that helps a group of people to make a common decision.
  • The consensus algorithm always produces the optimum solution for the overall group.
  • A consensus algorithm helps to create fairness and equality in a decentralized ecosystem.
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