You should be proud if this is your first walk around the crypto block. It’s not easy to start getting into this material. As you observe the lack of transparency and high barriers to entry in traditional finance, keep a watchful eye on what’s happening in Decentralized Finance.
The future of self-custody will become more ubiquitous and user-friendly as its adoption grows. It may be a chicken-and-egg problem where user-friendliness needs to happen before mass adoption occurs. Only time will tell.
Paralysis by Analysis
There is an overwhelming amount of crypto content out there.
It’s easy to experience paralysis by analysis given the varying levels of quality, usefulness, and obsolescence shared across content channels like Discord, Telegram, Medium, Reddit, and mainly Twitter. These are the big Crypto hubs. Try not to get too involved in crypto groups on Facebook and delete every crypto-related direct message you get on Instagram – those platforms are not where it’s at and are full of scams. There are also plenty of scams on each of the crypto hubs. Be vigilant! 😤
The best way to find good music is by looking into your favorite musician’s influences. If someone in crypto describes things to you in a way that makes sense, look into where they’re getting their information, and you’ll find more good stuff.
Below are a few other resources to help lead you in the right direction.
- A Gentle Introduction to Blockchain Technology
- The Ultimate Guide Security Guide for Cryptocurrency Beginners
- Protecting yourself and your funds
- The Non-Fungible Token Bible: Everything you need to know about NFT
- What is Ethereum?
- The DeFi Developer Roadmap
- What is DeFi? (YouTube video)
Solflare’s Academy / Knowledge Base is positioned as an onboarding tool, a resource for educational material, and a medium for thought leadership. It’s a growing compendium of Articles, Guides, and now Courses to help you along your crypto journey.
Tell them Zach sent you!
To stay abreast with all of Solrise’s updates, be sure to follow the following channels.
To help put your future crypto research into context, we recommend that you read the following articles from Solflare’s Academy for a more thorough understanding of the landscape you can now operate in.
As this course has explained, the power and sovereignty that is possible with non-custodial wallets cannot be overstated. If you haven’t already done so, go ahead and set up your wallet by following this How to Get Started with Solflare guide.
Once your wallet is set up, head on over to the guides section of the Knowledge Base and browse some of what’s possible on-chain or dive into more theory with chapter 1 of Solfare’s 2nd course, DeFi 101.
Solflae’s 24/7 Customer Support Chat
As always, if you ever have a problem, please get in touch with our 24/7 customer support chat.
Now you can throw that graduation party that was canceled by Covid. 🎓