Cryptocurrency mining has come a mighty long way from its early inception back when mining bitcoin was as easy as downloading the original bitcoin client and beginning to mine on your CPU (Central Processing Unit).
Inspired by Uniswap’s successful run, QuickSwap takes on the same constant product AMM protocol you will find on Uniswap. However, while Uniswap took a while before the release of its native UNI token, QuickSwap immediately launched with the QUICK token, which was structured with 96.75 % of its supply reserved for the community.
Avalanche is the quickest smart contract platform in the blockchain industry in terms of time-to-finality. It has the most validators of any proof-of-stake protocol securing its activities. It is a decentralized smart contract platform that is open and programmable.
Metaverse is seen as a virtual club where one has to enter. However, the virtual club exists on the web3 platform in the same way the real club exists in the real world, only that the virtual club can operate independently of the outside world.
NEAR is not built on Ethereum. Both are smart contract platforms within the crypto space. Ethereum is fundamentally a financial platform that utilizes a public ledger in which all the verified transactions are stored. NEAR operates as a base blockchain upon which developers can build and deploy applications.
The Omni Layer is built to support Bitcoin’s advancement past inherent limitations, thus enabling the creation and trade of multiple types of digital assets on Bitcoin’s network. The Omni Layer comes with a trustless decentralized exchange, and through the OMNI token, users across the world can trade while spending near-zero transactional costs.
The Quant Network is one of the most ambitious projects to attempt coming up with a universal solution to interoperability in the blockchain and crypto space.
At its core, Uniswap is a unique solution for the problem of trading illiquid assets on a decentralized framework. Uniswap is a decentralized exchange that solves the lack of liquidity in trading these illiquid digital assets using automated market-making systems as opposed to traditional order books.
Using a VPN for privacy and security is an added layer of protection to your digital assets. Here we discuss VPNs in greater detail if you decide that you want to go the extra step to protect your digital ecosystem.
Even though atomic swaps are yet to be tested on a broader scale, they feature a great potential for improving the crypto space. For instance, atomic swaps can mitigate the greater security vulnerabilities posed by centralized exchanges.
Crypto trading bots are computer programs created to algorithmically execute trades based on a trading strategy. They are particularly popular in the crypto space due to the volatility of the markets.
Over the past decade, DLTs have been lauded for their distributed architecture that boasts of sophisticated cryptographic levels of security superior to centralized ledgers. This tamper-proof security feature built into various iterations of DLTs enables trustless transactions between peers on a level playing field without intermediaries.
Projects like Polygon are a great example of the role of cryptocurrency in the future. Currently solutions are held back by high fees and slow transactions, which limits their applications both for dApps and for use as a currency. By removing these drawbacks, Polygon is a project that will likely gain significant traction. It can verify transactions in only a few seconds, whilst being uploaded to the Ethereum blockchain- two benefits that few alternative projects can offer.
On December 22, 2020, the US Securities and Exchange Commission (SEC) dropped a lawsuit against Ripple Labs as well as the company’s CEO Brad Garlinghouse and co-founder Christian Larsen.
Cryptocurrency futures trading is a relatively new phenomenon, and it has taken the investment world by storm. The cryptocurrency market is experiencing an unprecedented level of volatility even as more people seek to invest.
This is a blueprint for the steps that any crypto investor should take to make sure that they are protected from potential threats that could result in the loss of their cryptocurrency. Here I outline the potential threats as well as options to mitigate their risk.
NFTs are all the rage but many people have no idea what they are. Here we go over NFTs and address the ins and outs of non-fungible tokens.
Dollar cost averaging (DCA) involves making incremental buys of an asset on a regular basis. Also referred to as recurring buys, DCA is an investment tool used for accruing wealth over a long period of time. Dollar cost averaging removes the emotional aspect of investing in volatile assets like cryptocurrencies and helps average out the price through price spikes and drops.
A fork is a form of an upgrade to the software of a blockchain-based application. Cryptocurrencies (as applications that live on a decentralized and distributed ledger) require updates from time to time to improve functionality.
The safest way to store your crypto is in a “wallet.” There are two different types of wallets that you can use, hot old cold. Here we discuss the differences.
The ledger live app allows you to manage over 1,800 coins and tokens straight from your smartphone or desktop. Giving you access to a variety of crypto services. Through Ledger Live, you can purchase Bitcoin Cash, Stellar Dash, Bitcoin, and Ethereum. When you need it, you can also sell bitcoin for fiat currency using Ledger Live.
We cannot stress the importance enough of protecting your phone from SIM swaps if you use two factor authentication on your phone. Learn about the dangers of SIM hacking and what you can do to prevent it.
Opening up a BlockFi account offers the ability to use crypto to earn 8.6% APY, There are no hidden fees and you may also borrow or buy and trade crypto as well. Members with active accounts will soon be eligible for the BlockFi crypto rewards credit card.
Liquidity is one of the major challenges in the DeFi space as most of the time it is fragmented and isolated within different DeFi protocols. By enabling the transfer of value from one network to the other, Blockchain Bridges facilitate cross-chain collateral for various financial products as well as the availability of liquidity across the DeFi landscape.
Exchange-traded funds (ETFs) are an investment instrument that tracks the price of a market index. They are also called trackers. An index or market index is a hypothetical portfolio of investment holdings created to represent the price movements of a set of assets in a market sector. For instance, you could have an index set up for cryptocurrencies, another set up for commodities in the agricultural sector, or another one for stocks in a given country or industry.
Preventing illegal transactions through money laundering and other illegal activities is one of the biggest problems financial regulators need to solve today. Unfortunately, even as technological advancements make it easy to make borderless payments, the cryptocurrency industry stands as one of the ripest venues for criminal activity through money laundering.
Get a clear picture of the DeFi ecosystem and its impact on finance. This guide breaks down the history or DeFi, the components, while briefly touching on the risks of DeFi applications.
Similar to Ethereum’s Uniswap, PancakeSwap is a BSC automated market-making (AMM) protocol that lets users swap tokens as well as mine liquidity or stake their tokens for rewards. There are a ton of AMM protocols on BSC. However, PancakeSwap is the leading DeX on BSC and has even occasionally surpassed the trading volume on Uniswap.
Telcoin is a decentralized application that will disrupt the remittance industry making it possible for remittance senders and beneficiaries to capture the fees currently awarded to legacy financial institutions. This multi-layered application is introducing instant bank settlements on all cross-border money transfers in a decentralized remittances environment set to reimagine the entire industry.