Use Arweave to archive websites and PDFs FOREVER

I read Fred Wilson's post about buying crypto assets and a few names were new to me. I haven't heard of Arweave before but their website gives away free tokens for new users. So I gave it a shot and now have archived my first website. You can find my Archived website that is permanently stored in the blockchain.

The process to setup was super simple. You can try it yourself too. Let me know your thoughts and what future potential you think this token has.


New sidebar links

I added some links to the sidebar. I hope you like them. Most are about tracking crypto activities. Please let me know what others you would like to see on the sidebar.

NYT article on Bitcoin and why it uses so much electricity

The more I read about Bitcoin, the more excited I get. It started as a simple idea / project among a small group of users and today, the entire Bitcoin network consumes more electricity than some countries! Impressive for something that is so "young" relative to other projects that have touched so many lives. 

If it took Bitcoin a decade to consume this much electricity, imagine what the next decade will hold. Could Bitcoin be the driving force to use more green, renewable energy? It would be such a turn of events if in ten years most of the electricity that is being used for mining comes from solar, wind or other forms of renewables. 

That usage, which is close to half-a-percent of all the electricity consumed in the world, has increased about tenfold in just the past five years

Link to NYT article (free)


EIP-1559: Are you ready?

This is really exciting for Ethereum. I think this is positive and we'll see the price increase by year end. Today ETH is about $2,700. There are only about 12 hours left before this is implemented. 

Learn more about the upgrade from Coinbase here

Check out the countdown to the upgrade here