Bitcoin, the world's first successfully used cryptocurrency, is a decentralized peer-to-peer digital payment network invented by Satoshi Nakamoto. Bitcoin allows users to trade directly without a financial institution or a third party.
2022-10-19 09:01:55
Yearn.finance is a decentralized smart financial product built on Ethereum. It implements algorithms to shift assets between different smart contracts to attain the highest yields.
Yearn.finance launched the YFI token in July 2020. Its price soared from $3 to $30,000 within one month, which rapidly attracted a large number of investors. Its founder, Andre Cronje, is a South African fintech developer. He created Yearn.finance when he realized that different DeFi applications offer different yields.
Users flocked to Yearn.finance soon after it was launched. Its market cap reached $1.5 billion by September 2020. Data shows that its total value locked in the network exceeded $6 billion at its peak in November 2021. How did the craze sweep the whole crypto space? How does it work? Let’s explore.
2022-10-19 08:06:14
A Merkle Tree is a structure used to verify and maintain data integrity in a set. Merkle trees and Merkle Roots are employed to verify transactions.
2022-10-17 07:09:02
Binance Coin (BNB) is an exchange token issued by Binance, and is also the utility token of the Binance Smart Chain. As Binance develops into the top three crypto exchanges in the world in terms of trading volume, along with the endless ecological applications on its smart chain, BNB has become the third largest cryptocurrency after Bitcoin and Ethereum. This article will have a detailed introduction of BNB’s history and the huge Binance ecosystem behind it.
2022-10-14 10:51:37
An oracle in blockchain technology is a third-party service that provides external data to a smart contract, allowing it to interact with the real world.
2022-10-14 10:32:54
Segregated Witness (SegWit) is an update in the Bitcoin blockchain that separates the witness data from the base block. It is aimed at scaling the network.
2022-10-14 06:45:52
Blockchain networks suffer Sybil attacks when an actor creates multiple nodes to take over the network.
2022-10-14 06:12:19
The value and importance of market capitalization
2022-10-13 01:29:26
Litecoin is a blockchain created by a fork of Bitcoin, whose blocks are generated more frequently to make transactions faster.
2022-09-30 04:08:18
Blockchain bridges are specific protocols whose function is to connect two blockchains creating the possibility of transferring assets from one network to another
2022-09-30 03:13:46
Permanently taking an amount of tokens out of circulation
2022-09-30 02:52:00
This article will explain what a node is, the different types of nodes, how it works, and why you should run your own node.
2022-09-30 02:18:38
The beacon chain is the first phase in the proposed ETH 2.0 roadmap designed to develop the Ethereum network.
2022-09-29 09:04:00
Web 3.0 is an iteration of the internet that combines AI, algorithms, IoT, blockchain, and more. It aims to create a more interconnected and decentralized internet.
2022-09-29 04:06:48
Blockchain technology has the potential to revolutionize healthcare data management by providing a secure and transparent way to store and share patient data.
2022-09-23 06:30:38