What is Waves (WAVES)?
The Waves platform is a decentralized blockchain that allows participants on the platform to design and launch customized cryptocurrency tokens. Unlike most of the other regular cryptocurrency-based platforms that require extensive programming before smart contracts are created, Waves allows this with ease. The tokens on the network are created and managed by the participants on […]
What is Dash (DASH)?
Dash is an open-source cryptocurrency platform that offers its participants cheap and fast decentralized blockchain payment solutions on a global scale. According to its whitepaper objectives, the project is aimed at improving upon the services of Bitcoin by providing scalability, faster transactions, and strengthened privacy. The Dash platform, which had its name coined from digital […]
What is Bitcoin BEP2 (BTCB)?
Bitcoin BEP2 is a cryptocurrency pegged to the Bitcoin network that was issued on the Binance crypto exchange platform. In the world of cryptocurrencies, pegged coins have an advantage over other relatively new cryptocurrencies in that they have total backing. The Bitcoin BEP2 platform has complete backing of its reserve on the Bitcoin network. Due […]
What is PancakeSwap (CAKE)?
Launched on September 2020 by a group of anonymous developers, PancakeSwap is the leading Automated market maker on Finance Smart Chain. It is a decentralized exchange platform and one of the leading pools that allow for the seamless exchange of cryptocurrencies between users on the ecosystem. As its name suggests, Pancake Swap is another food-themed […]
What is EOS (EOS)?
EOS is a decentralized blockchain platform that allows for the development, running, and hosting of decentralized business applications. The basis of EOS’s core functionality is relatively simple by allowing businesses and individuals to embrace blockchain technology and harness its power in cresting blockchain-based applications in a similar way to web applications. EOS provides a series […]
What is FXT (FTT)?
FTT is the derivative cryptocurrency of the popular exchange platform, FXT with the main function of standing as collateral against a futures position. The FXT team is a collection of some of the largest cryptocurrency traders with long years of experience in the crypto trading field. The creation of their token is the result of […]
What is AMP (AMP)?
AMP is a new virtual collateral network that offers its users veritable and instant assurance on value transfer of any sort. The use of this platform provides irreversible fast and secure transactions which could be applied to a series of use cases. The broad objective of the project is to allow the developers to provide […]
What is Crypto.com (CRO)?
Crypto.com is a decentralized blockchain platform that is run on an open-source network for the execution of various transactions including payment, trading, and other financial solutions. CRO is the native token for the company as its venture into the world of cryptocurrencies as a whole. The mother company, Crypto.com has been providing a series of […]
What is Aave (AAVE)?
Aave is an Ethereum powered network that allows its users to lend and borrow cryptocurrency. The operations of Aave are based on a non-custodial money market procedure where depositors earn passive income by providing liquidity to the market. The borrowers in turn get cryptocurrency loans for repayment at a later date with varying interest rates. […]
What is Uniswap (UNI)?
Uniswap is a decentralized token exchange protocol that allows for peer-to-peer cryptocurrency trading. It is based on the principles of liquidity pools and automated market markers (AMM) for trading ERC-20 tokens. Built in 2018, Uniswap is the second-largest project by market capitalization in the world. Uniswap aims to make it easier to buy and sell […]
AMC starts accepting Dogecoin (DOGE) as payment for gift cards
AMC Theatres, the largest movie theatre chain with approximately 1,004 theatres and over 11,041 screens in 15 countries, has started accepting DOGE as a payment option for its digital gift cards. Adam Aron, AMC’s CEO, disclosed this bullish news through a tweet earlier today, noting this development allows customers to purchase up to $200 worth […]
What is Theta (THETA)?
Theta is a platform powered by the blockchain which was specifically designed for video streaming. Similar to several other cryptocurrencies, the Theta system’s mode of operation is a decentralized network with a series of interconnected computers and users which share the same bandwidth and other computational parameters on a peer-to-peer premise. In today’s age of […]
What is Terra (TERRA)?
Started development in January 2018 and launched officially for public use on 26 July 2019, terra is both a stablecoin and a protocol operating on a consensus mechanism known as POS Tendermint. Terra was developed to solve most issues surrounding bitcoins and other altcoins. Generally, price volatility is one of the major setbacks facing bitcoin […]
What is Monero (XMR)?
Monero is an open-source anonymity-oriented cryptocurrency that allows for the execution of transactions discreetly between the participants on the network. The operation of the network’s blockchain is based on the same underlying technology used by most cryptocurrencies which are known as public ledgers for viewing the entire transactions on the network. Coupled with the anonymity […]
What is Dai (DAI)?
Fully launched on December 18 2017 for public use, Dai (DAI) is a stablecoin cryptocurrency that aims to keep its digital monetary value as close to that of the United States dollar. Although it is sometimes regarded as Sai, Dai is governed and regulated by an organization called Maker Decentralized Autonomous Organization (MakerDAO), whose financial […]
What is VeChain (VET)?
According to the VeChain network, the objective of its creation is centered around the development of a distributed business platform that allows for a transparent flow of information coupled with speed and efficiency. The VeChain system is a blockchain-based platform whose design is premised on improving supply chain management and business as we know it. […]
What is Polygon (MATIC)?
Formerly known as the Matic Network, Polygon is a protocol framework for building and connecting Ethereum-compatible blockchain networks by aggregating scalable solutions on the ecosystem. Fully developed for public use in February 2021, Matic Network rebranded into Polygon with an aim to solve the existing limitations of the Ethereum platform. Some of these limitations developers […]
What is BitTorrent (BTT)?
BitTorrent is a decentralized peer-to-peer platform that allows its participants to share data seamlessly and effectively. Upon its discovery, BitTorrent quickly became popular among music and movie lovers because of its software’s peer-to-peer sharing feature. Instead of having to download or upload files to the server, the participants on the network can share data and […]
What is Wrapped Bitcoin (WBTC)?
Wrapped Bitcoin provides a bridge between the Bitcoin (BTC) and Ethereum (ETH) networks. The connection between the networks exists in the tokenized version of Bitcoin being run on the Ethereum network, making the much-needed liquidity to the decentralized network readily available. The compliance of the Bitcoin network with the Ethereum network allows for the complete […]
What Is Ethereum Classic (ETC)?
Ethereum Classic is an open-source decentralized blockchain-based platform comprising a native cryptocurrency and a smart contract feature. It allows the smooth running of applications and services without third-party interference. In the context of ETC, smart contracts are solely built on the conditional if-then statement type. That is, if the terms stated in a contract are […]