Reading Time: 2 minutes In the early days of cryptocurrencies, due to the lack of technical understanding, there was this misconception about the blockchain that it was completely anonymous. This led to a smear campaign by the status quo media as blockchain-based cryptocurrencies being only helpful to delinquents and criminals. Most of the cryptocurrencies today are not anonymous. Bitcoin […]
Binance, Bitcoin, Digital Assets
Reading Time: 2 minutes By now you would have heard that there will only be 21 million Bitcoins. These Bitcoins will be created by mining. In Bitcoin mining, people lend their computing processing resources to validate Bitcoin transactions. This mining process also generates new Bitcoins (BTC) as an incentive for miners. Validation is necessary due to the decentralized nature […]
Reading Time: 2 minutes In blockchain gaming, the digital assets – known as non-fungible tokens (NFTs) – used inside the games are created using blockchain technology. NFTs have real-world value and therefore they can be traded in a similar way to stocks. Blockchains give users complete control over their games, allowing them the freedom and a chance to earn […]
Reading Time: 2 minutes What are Peer-to-Peer Networks? Peer-to-peer (P2P) networks are decentralized networks containing interconnected computers. Computers in a P2P network are called peers or nodes. All peers have the same capabilities and can act as servers or clients simultaneously. All transfers take place between two or more peers without any central server. When a peer functions as […]
Reading Time: 2 minutes Automated market makers (AMM) create liquidity pools generally consisting of two separate cryptocurrencies. When you deposit crypto assets in an AMM liquidity pool and the price of those assets decrease in value, you incur an impermanent loss. It is called impermanent loss because the exact amount of your loss can only be determined after you […]
Reading Time: 2 minutes What is a Metaverse? Metaverse is the name given to the complete three-dimensional immersive virtual reality world. You would be able to enter the meta using virtual reality goggles. The basic idea is to make the user experience so immersive that they feel they are interacting in the real world. Meta is not a single […]
Reading Time: 2 minutes Web3 is the version of the internet being built upon blockchain technology. It is still a new concept. The current version of the internet is called Web 2.0 and it is mostly controlled by centralized big tech companies. Web3 aims to change that and put power back in users’ hands where no central authority would […]
dApp, Ecosystems, Infrastructure
Reading Time: 2 minutes dApp is a decentralized application built using smart contracts on the blockchain. dApps were originally made possible by the Ethereum network but now other smart contracts supporting networks like Cardano, Solana, Polygon, and others have further popularized their development. dApps are the software that interacts with the blockchain. Their interface or frontend is not different […]
Reading Time: 2 minutes 5 of the Best Crypto Exchanges – Crypto exchanges offer users the opportunity to buy, sell or trade cryptocurrencies. They provide unique and exciting features to attract more users to their platforms. There are many crypto exchanges, we are only listing here the top 5 that offer the best features. 1. Coinbase Coinbase is the […]
Reading Time: 2 minutes Why You Should Invest in Bitcoin? Bitcoin investment is indeed riskier than traditional investing but it also has the potential for far greater returns and the risks can be mitigated by proper strategy. Bitcoin is different than other investment assets and should be treated differently. You should do your own research before investing. Bitcoin investment […]
