• VoiceDAO Newsletter
  • Posts
  • How to Lose $150K as a Joke, 2 people are hiring on Twitter and What are Smart Contracts

How to Lose $150K as a Joke, 2 people are hiring on Twitter and What are Smart Contracts

This is a 3.6 minutes

Author

Voice DAO
July 23, 2022

How  to Lose $150K as a Joke, 2 people are hiring on Twitter and What are Smart Contracts

Hey hey hey, Welcome to the Newsletter!! The Newsletter that Keeps you updated with Web3

We explain the Top News in Web3 in about 100 words

Shows you new Job opportunities and Lets you learn something new about Web3 Daily

Highlights of the Newsletter How to Lose $150K2 people are hiring nontechnical roles on TwitterWhat are Smart Contracts

First off, What are the Top News in the Web3 Space

How this owner of 58 BAYC NFT lost $150k

Franklin who is a BAYC whale, lost $150k when he made a joke bid. Here's how it went down. Franklin sold an ENS name for 1.9 ETH, after the sale, he then made a 'Joke' bid of 100 ETH on the same ENS name he just sold. He forgot to cancel the bid and the person he sold it to initially for 1.9 ETH accepted the 100 ETH offer.

To break it down even more: Sold an ENS name for 1.9ETH made a 100 ETH bid on the same ENS name the person accepted.

Our Take: This is clearly a failed attempt at market manipulation, he got burnt!

Yesterday was an important day for Ethereum, so here’s a 100 word explanation of what went down!

The merge is coming, for real this time! Ethereum will be making the move from proof-of-work to proof-of-stake during this phase, after this is done they'll be 4 more phases to full Etherem development. Then Ethereum will be faster and more scalable.

According to Vitalik. “By the end of its roadmap, Ethereum will be able to process 100,000 transactions per second” Our Take: Can't wait!

Who is Hiring?

We don’t have new jobs directly from the voice website today BUUUUUUUUUTTTTTTTT we still got some jobs for you!

Let’s talk about Smart Contracts

Let’s talk about Smart Contracts

Smart contracts work by simple terms. “if…..then…” statements that are encrypted into codes on the blockchain. When the conditions are written have been met and completed then the nodes or network of computers can automatically execute actions.

https://www.voicedao.fun/let-s-talk-about-smart-contracts

We covered a fantastic analogy of what smart contracts are, you'll definitely love this one!

Also if you want to support us, feel free to collect the article on mirror: https://mirror.xyz/dashboard/edit/O3J52hsx7Ky911orUdOAGI8Mz_fk7oMA2RPifK8ZZpo

Enjoy!

There you have it,Hope you enjoyed it if you did, please share and follow us on Twitter