Bringing crypto to the world: #snax and #reddcoin analysis
▻https://hackernoon.com/bringing-crypto-to-the-world-snax-and-reddcoin-analysis-9c00583ccb72?sou
Multiple projects in the #blockchain community are trying to achieve widespread adoption of cryptocurrencies through the integration of the social networks together with the blockchain networks. They aim to create “social coin” which would be widely used by the general population. This article is the first part of the series which will look at the different approaches to increasing adoption of the blockchain technology.Here are some of the problems that people who are unfamiliar with cryptocurrencies face when using blockchain for the first time:The simplicity of use. Crypto today is not easy to use. The UX is not intuitive and there are many steps that people have to take to get and use crypto. For example, creating an Ethereum wallet is far from trivial, then the wallet addresses are (...)