Category Archives: Cryptocurrency

A cryptocurrency is a digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature. A defining feature of a cryptocurrency, and arguably its most endearing allure, is its organic nature; it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.

EOS Blockchain

The Complete Beginners Guide to Getting Started on the EOS Blockchain

EOS Blockchain Overview

This Guide shows you everything you need that will get started on the EOS blockchain. Creating Keys, wallet, account, and using dApps are all in this guide. The following videos will get you running EOS decentralized Apps.

Watch all EOS Videos from YouTube via Playlist here: Instructional EOS Videos for beginners

First Video

Install a Linux terminal in Windows 10 afterward we will be able to build EOS tools in here. This is important to do as you can’t compile EOS natively in windows. This is why we are going through and installing this terminal in Windows 10 for the EOS Blockchain toolset.

Second Video

You will be installing the EOS tools in the Linux terminal, afterward, we will create the keys and start using EOS Blockchain. This compile process will take a while so prepare yourself for about 40-60 minutes to build these tools that we will use in the next video. We will be following the official developer’s website for EOSIO.

Third Video

Creating your keys, installing them in a wallet, and creating an EOS account. When making your account make sure you pick a memorable name because it will be used everywhere on the EOS Blockchain.

Fourth Video

How to use decentralized apps (dApps) in EOS. You need to stake resources to use these apps. This can be done directly in the dApps, but I do recommend using EOStoolkit.io for security and clarity.

We have now accomplished all our goals, therefore can start using dApps on EOS!

Here is a list of dApps I highly recommend and my affiliate links to help me out. If you would like to donate to me directly, you can send me some EOS to my EOS account: titusmaximus

RPG Game – EOS Knights https://game.eosknights.io/ Ingame Settings type: titusmaximus as referring account to receive 1000 magic water
Numbers Game – EOS Lottery https://eosshishicai.com/link/titusmaximus
Dice Game – EOS Bet https://dice.eosbet.io/?ref=titusmaximus

Leave any Questions and Comments below and I’ll get back to you. I regularly publish on YouTube, Steemit, and christitus.com so if you’d like to see more videos please like, subscribe, and follow me.

stake EOS

How to Stake EOS?

How to Stake on the EOS blockchain Overview

This video goes over how to stake EOS for CPU, RAM, and bandwidth. It shows real-world examples of staking and unstaking EOS when utilizing the EOS dApps.

Staking Basics

You can stake and unstake from many dApps, but my preferred method is using the EOS Toolkit and finalizing my amounts in there. Personally, I recommend 8 KB for RAM, 15 EOS for CPU, and .1 EOS for Net as this will give you the ability to play and use pretty much any decentralized app out right now.

Time it takes to Un-Stake EOS

When you stake EOS make sure you understand that it will take 72 hours to un-stake EOS. This means you will be waiting for 3 days before you will be able to use that EOS again. It is important to note, that once you unstake you can not touch or even stake EOS with those coins. It is locked for the entire duration until it shows in your balance again.

Links for Staking EOS

View All Videos / Content / Guides / Solutions @ https://www.christitus.com
Stake EOS on EOS Toolkit from Genereos Block Producer @ https://eostoolkit.io/home

Leave any Questions and Comments below and I’ll get back to you. I regularly publish on YouTube, Steemit, and christitus.com so if you’d like to see more videos please like, subscribe, and follow me.

should you stay in crypto

Should you stay in Crypto? Is it Over or Just Beginning?

Crypto Overview

This video is out there for anyone thinking about staying in crypto or getting into it. I give my introduction to cryptocurrency and a background about me and my experiences.

View All Videos / Content / Guides / Solutions @ https://www.christitus.com

About me 0:00
-15+ years in the IT Field
-3 years of Computer Science
-Researched many crypto projects
-Early Bitcoin miner when you could mine on GPU
-Early Ethereum miner and entered @ $17

Common Mistakes 5:31
-Holding and Not making entry/exit points
-Relying on crypto for retirement
-Investing in something you don’t understand

Keys to success 8:27
-Invest Time before money
-Research, Research, and Research
-Be willing to admit you are wrong in crypto
-DO NOT TRUST ANYONE ON THE INTERNET!

Conclusion

Cryptocurrency will be around for a long time, but if you are looking for a quick get rich quick scheme this is not for you. The time to make a quick buck is pretty much gone and you’d be better served with more traditional investments that are as risky. Always invest responsibly and use a traditional 401k to store the vast amount of your wealth. Its a gambler’s fallacy to directly put a sizable amount of money in crypto, because when crypto does become mainstream for all the masses it will be in index funds and readily available for all. The one thing I want to re-iterate and if you take nothing from this video it is the following, Invest your time and not your money!

For your consumption, forget FOMO (Fear of Missing Out) and remember this if you invested $1000 at the start of this year, you’d have about ~$340 right now. Don’t be that guy!

Crypto

Source: https://www.tradingview.com/chart/4rdIeb7w/

Leave any Questions and Comments below and I’ll get back to you. I regularly publish on YouTube, Steemit, and christitus.com so if you’d like to see more videos please like, subscribe, and follow me.

SciDex

SciDex ICO Review

SciDex Overview

This video goes over all the aspects of the SciDex ICO and grades it based on criteria that have made ICOs successful in the past.

Official Links

Official Site/
Protocol Whitepaper
MarketSpace Whitepaper

4 Criteria for ICO Review

1. Real World Application
2. Funding
3. Tangible Progress
4. Misc. Concerns

Conclusion

From the look of everything, I’m betting it will be another ICO Scam. There is a possibility I am just missing the entire point of this ICO, but everything I have seen just screams that this is a project going nowhere fast. I normally don’t do these types of reviews, but a subscriber asked for my honest opinion of the project and here it is. If you have an idea or want me to review something let me know below.

Leave any Questions and Comments below and I’ll get back to you. I regularly publish on YouTube, Steemit, and christitus.com so if you’d like to see more videos please like, subscribe, and follow me.

EOS Account creation

EOS Account Creation and using Accounts on the blockchain

EOS Account creation

I posted an article about EOS Titled “Why EOS is destined to fail?“. Shortly after, I received a couple responses from folks that said the chain is down or not working or just simply too hard to use. It made me scratch my head and after a couple minutes searching I really didn’t find too many articles outlining how EOS works, EOS Account creation, or how an average person can use it. It also made me realize that a ton of people that invested in EOS simply aren’t using the chain. I decided to do something about this, and create a bunch of how-to videos.

I want to streamline this process as much as possible, so I created 3 videos for so anyone can do EOS Account creation.

EOS Account Creation Videos

  1. https://youtu.be/RriP3LmuKNA – Installing Linux Subsystem
  2. https://youtu.be/hbK9SQ9lxXI – EOS Command Line Tools Setup (September Update)
  3. https://youtu.be/0EPcHWvgQ3s – EOS Account creation and usage

TLDR; Install Linux Subsystem in Win10, use EOS CLI to create keys, create an account, and play a game!

I know I come off a lot like a doomsayer of EOS, but I am just pointing out things I see wrong with the chain because everyone else is just hyping things up. That said, EOS shouldn’t fail from a lack of public knowledge, because EOS has some great ideas that make it very unique when compared to other chains out there. This goal of this is to make EOS Account creation as easy as possible for everyone. Don’t treat EOS as an investment like a 401k, but treat it like a public computer! Use it, don’t just sit on a bunch of EOS because one day you might wake up and find all of it gone.

Donate to me via EOS Blockchain – My EOS Account Names:

  • titusmaximus
  • xxdonatetome
    • Note: this was created during the 3rd video

Also, check the video descriptions for command listing and helpful sites that I use during the creation of them.

Leave any Questions and Comments below and I’ll get back to you. I regularly publish on YouTube, Steemit, and christitus.com so if you’d like to see more videos please like, subscribe, and follow me.

EOS Dallas Presentation

Here is a recent presentation I gave at EOS Dallas. This was a brief overview of EOS Blockchain and some potential pitfalls in March of 2018

www.christitus.com/eosdallas

September 2018 Update:

Pros

  • ERC20 Token conversion was successful
  • Brock Pierce was removed from his advisory role at Block.One (TLDR; He was accused of assaulting minors in his employment back in 2000 at Digital Entertainment Network.)
  • Slow Development is no longer an issue because they have pushed out 3.0 shortly after this and MainNet launched at the beginning of June.
  • Decentralized apps that have launched have been phenomenal and the best in the blockchain space thus far. (ex. EOS Knights, EOS Lottery, EOS Bet, etc.)

Cons

  • MainNet ran into a critical bug at launch and was brought down briefly a couple days after launch
  • Lots of bugs, but due to their bug bounty program one person claimed 120k rewards in a week.
  • Lack of wallet diversity the top 12 wallets hold more than 50% of the ecosystems wealth
  • Performance issues due to inconsistent block producers