Most Popular Cryptocurrency Myths
Reading Time: 4 minutes Considering the rapid success and prominence of the digital asset industry, specifically the cryptocurrency marketplace, it is safe to say that digital currency trading is here to stay. After all, in terms of market capitalisation, the crypto industry has surpassed the $1 trillion mark. There’s no question that cryptocurrency investment has become a popular means to earn profits, generate a passive income, and conduct business all over the globe.
Traditional finance vs DeFi
Reading Time: 4 minutes ecentralized finance or DeFi for short, is a state-of-the-art financial tech that comprises highly protected distributed ledgers. It is a flourishing industry that guarantees to streamline the conventional finance sector. The key factor behind the popularity of DeFi in cryptocurrency investment is the fact that it offers a more transparent, secure, and open means to conduct digital transactions by eliminating the need for a third-party entity or a “middleman”.
What is the Multi-Sig Wallet and Why it’s Important for the Project?
Reading Time: 4 minutes A multi-sig wallet (multiple signature) is a pretty distinct digital signature that’s designed to allow multiple users to verify and/or authenticate documents together using their unique signatures. So, in essence, a multi-sig wallet is generated via a combination of one or more than one anomalous signature. If you’re thinking about stepping into the world of cryptocurrency investment, it would be wise to consider getting a multi-sig wallet.
Exploring governance tokens and why they matter
Reading Time: 4 minutes When introduced, DOAs (decentralized autonomous organizations) aimed at revolutionizing and reviving what blockchain, so it seems, has lost – decentralization. But solely relying on smart contracts to make decisions influencing the future development of a project turned out to be insufficient. For complete decentralization, the decision-making power should be fully delegated to the community. And this is when governance tokens come into play.
Top 5 Cryptocurrency Trends in 2023 You Need to Know about
Reading Time: 4 minutes To say 2022 was a challenging year for cryptocurrency would be an understatement. A bleak global economic situation led to a significant decline in both demand and cryptocurrency valuations. But…
Everything You Need to Know About crypto Lockdrops
Reading Time: 3 minutes The crypto space is an industry in constant evolution. Everything changes from infrastructure to fundraising methods to regulations. New ways to distribute tokens are also being introduced. And one of these is called Lockdrops.
What are Crypto Faucets and How Do They Work?
Reading Time: 4 minutes Getting your hands on new cryptocurrencies is now much easier through different means, such as holding, trading, using various DeFi platforms for farming yields, and quite a few others. Like…
Rug Pull Scamming in Crypto and How to Avoid It
Reading Time: 4 minutes ‘To pull the rug from under someone’s feet’ A popular English idiom defined in the dictionary as: To suddenly take away help or support from someone, or to suddenly do…
What is Polygon? A Guide to the Polygon Ecosystem
Reading Time: 4 minutes We’re in the middle of a crypto winter where investors worldwide have been preserving their crypto assets. However, one cryptocurrency investment, Polygon (previously known as MATIC), has been doing very…
Everything you need to know about Crypto Market Cap
Reading Time: 4 minutes Market cap, an acronym for “market capitalization,” tells us everything we need to know about a company or an asset’s value and performance. That’s crucial for any investor, especially in…