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 […]
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 […]
Crypto Behaves Healthily Despite China Clampdown
In about 48 hours, the crypto market made an impressive return after the new China ban on crypto mining and trading. The latest release of regulatory calls on crypto transactions by the People’s Bank of China (PBoC) made the market experienced a downward spike. However, there was a quick retracement, unlike before. Crypto Market Behavior […]
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 […]
What is Stellar (XLM)?
The Stellar network is an open-source protocol for decentralized payments. It connects diverse financial systems and enables money to move quickly, reliably, and cheaply. Stellar’s goal is to be a common financial platform where people of all income levels can access and send money, that connects with different currencies and banking systems across the globe. […]
What is Solana (SOL)?
Solana is a new blockchain protocol for massively scalable decentralized applications that also solves the problems of speed and cost. It is the first commercially viable and scalable network to power the decentralized web. Its architecture is like a traditional database in which data and queries are always on fast storage. Underneath, it can process […]
What is Chainlink (LINK)?
Chainlink (LINK) is an open-source sidechain project that allows you to tokenize agreements securely so they can be traded on the blockchain. In other words, it is a decentralized oracle network poised to play a critical role in the real-world deployment of blockchain technologies. The principal goal of this network is to provide feedback on […]
PTPWallet: Why Businesses Need White Label Cryptocurrency Solutions
The cryptocurrency space is expanding with the increasing individual involvement in crypto. Business owners, startup founders, and companies seek ways to leverage the digital currency community daily. As such, people now seek to build and own their cryptocurrency platforms. While building a cryptocurrency exchange platform from scratch may be expensive, it is cost-effective to leverage […]
What is Litecoin (LTC)?
Litecoin(LTC) is a peer-to-peer digital currency that enables instant, secure, and low-cost payments to anyone in the world by leveraging the unique features of blockchain technology. Created by Charlie Lee, an ex-Google employee, Litecoin was an early fork of Bitcoin Core with improved functionalities like faster block generation time and a new hashing algorithm. The […]
What is Polkadot (DOT)?
Polkadot (DOT), founded on 18 July 2015, is a sharded, non-homogenous multi-unit development that allows external networks and other similar blockchain creations to communicate with one another, creating an interconnected internet of blockchains. Although it officially launched in 2020, Polkadot aims to be an absolute rock-solid creation that takes over as the next wave of […]
What is Binance USD (BUSD)?
Binance USD (BUSD) is a newly inducted USD-dominated stablecoin pegged to the dollar on a constant 1: 1 policy and approved by the New York State Department of Financial Services (NYDFS) in the year 2015. It is a fully-backed token founded by Binance and Paxos that operates on blockchain technology to offer the stablecoin as […]
What is XRP?
Before we delve into the world of XRP and its applications, it is worth understanding the background behind the cryptocurrency. To begin with, XRP was developed in 2011 by Ripple Labs, a company that focuses on establishing secure payment methods over its blockchain through an open network called “Ripple”. The Ripple network consists of three […]
What is Dogecoin (DOGE)?
Dogecoin is a peer-to-peer digital currency that has no central authority and uses cryptography to regulate the generation of units of currency and verify the transfer of funds. It was created by two software engineers, Billy Markus from Portland, Oregon, and Jackson Palmer from Sydney, Australia; they aimed to provide a digital coin that can reach a broader […]
