1/7 Another important tip for #blockchain beginners. You need to understand the #MarketcapFallacy. Aka how bad using “MarketCap” is for evaluating projects. Yes people are excited to see $DGB in “top 30” but in reality we are top 5 in actual decentralization & network security.

2/7 The #CoinMarketCap ranking is a horrendous & blatantly deceitful picture of the crypto industry. On that list you have numerous projects ahead of DGB that are not only 100% premined, preissued & centrally controlled but they are not even actual blockchains.

3/7 Many are “stablecoins” or tokens issue on other actual blockchain protocols. This means all their value and security is mainly derived from the underlying #blockchain protocol they are built upon. Without that underlying protocol they would not function.

4/7 I explain this in much greater detail in my book @blockchain2035. The difference between protocols and projects. The majority of peojects in this industry claiming to be “decentralized” are far from it. Education is key to helping prevent new comers from getting burned.

5/7 Many more of the projects ahead of DGB have artificially inflated marketcaps. Ie if you premined 100 billion coins, yet only release 10 billion into circulation & count the other 90 billion in marketcap you create fake vapor value. When you compare that to a project like DGB

6/7 Which has 100% of all coins counted in real world circulation you get a much truer valuation. Often times many crypto projects have a handful of insiders sitting on the majority of coins which then pay twitter bots & market makers to fake volume & momentum.

7/7 Its important to research a project and find out for yourself how decentralized it really is. If it has a CEO and a company behind it. Its not decentralized.