In one month of using Brave, I earned 1.25 BAT (just over USD $1). I don't mind the ads and I like the feeling of being involved in a project early. I hope Brave and BAT become something incredible over time.
In one month of using Brave, I earned 1.25 BAT (just over USD $1). I don't mind the ads and I like the feeling of being involved in a project early. I hope Brave and BAT become something incredible over time.
Over the last couple days in an effort to figure out how to find my POAP raffle ticket (see prior post), I used an online service called mycrypto.com which is listed as one of the many supported online wallets on Trezor's website; so I felt confident in knowing that it's a legit website.
The interface is rather slick (a little bit too much) and it may be useful for someone that holds a variety of cryptocurrencies. But for someone who only has fewer than five, I think the Trezor Suite is perfectly fine. However, Trezor Suite may not support your cryptocurrency and MyCrypto may. I like the fact that data is not stored on their servers, rather it is stored locally, and users have the ability to easily delete the local data.
I still cannot figure out how to view ERC721 in an online wallet. Please comment below if you know how.
I had this question in my mind today and did some research on this topic.
ERC20
Ethereum is very versatile and allows other types of altcoin to be built on top of it (e.g., BAT). ERC20 is this standard. Anything that is fungible and built on Ethereum is using ERC20. If you would like to see what other coins use the ERC20 standard, you can go to the Trezor website. There are literally hundreds of them. You can also view ERC20 coins in your wallets.
ERC721
Anything that is non-fungible (e.g., one of a kind type stuff), is built using the ERC721 standard. These are starting to get very popular. The most common ones are NBA Topshot and Beeple's artwork that sold for $69 million. So far, I'm not aware of any wallet that supports ERC721 so you cannot view your ownership that way.
Let me know if you have any questions or follow-ups. I find this topic very fascinating. If someone knows how ERC20 rewards ETH holders, please share. I don't think someone who trades BAT is actually paying a ETH fee when transacting but I may be wrong.
I spent the better half of my morning trying to figure out how ERC-721 works. If someone has an ELI5 (Explain Like I'm 5) summary, I would appreciate reading about it.
CoinGecko is running a raffle where users can redeem their "coins" (daily rewards for logging into the website) into a raffle ticket. I did just that and followed the link to POAP.xyz, which is a website dedicated to crypto badges. Users of POAP get rewarded with an NFT recognizing their attendance to an event. However, in order to get the attendance NFT, you need an Ethereum address. I'm not sure how POAP works because I can't see it in my Trezor Suite Wallet but the attendance NFT did indeed transfer over.
There's a second step to enter into the actual raffle itself. I had to download MetaMask (an online wallet extension) to receive the attendance NFT then enter into the contest.
For a complete newb, like me, this is a lot of steps and very confusing every step of the way. I hope there is a more elegant solution to this because the ideas are very compelling.
I am enjoying using Brave as my primary browser. In fact, I have four browsers installed (in order of usage from highest to lowest):
The extensions that I use in Brave are (in no particular order):