Vampire Attack In DeFi: How SushiSwap Was Born

Vampire Attack In DeFi: How SushiSwap Was Born

Introduction SushiSwap, a popular decentralized exchange (DEX) built on the Ethereum blockchain was launched in August 2020. The story of its launch is quite controversial, and the event is seen as one of the most polarizing incidents to ever...

Why is Algorand Special? | DeFi Planet

Why is Algorand Special?

Out of many popular blockchains out there, Algorand is a new one that was made available to the public in 2019. Its underlying principle is focused on solving the blockchain trilemma, which is decentralization, security, and scalability. It is...

What is Tron? | DeFi Planet

What is Tron?

Tron started as an ERC20 token based on the Ethereum blockchain and changed in 2018 when it migrated to its own blockchain. At the moment, Tron is a blockchain like Ethereum that is dedicated to solving issues noticed in...

How Is Blockchain Technology Used In Banking & Finance?

How Is Blockchain Technology Used In Banking & Finance?

Imagine if you could skip the headache of dealing with complicated property purchases and endless paperwork by just clicking a few buttons. Or picture this: sending money across borders in real-time, without those annoying 5-11% extra charges and the...

8 Types Of Blockchain Consensus Mechanisms You Should Know

8 Types Of Blockchain Consensus Mechanisms You Should Know

Introduction When people live and work together in groups, they often need to establish guidelines and a shared sense of responsibility, known as a "consensus." This consensus represents a set of agreed-upon rules or principles that guide the group's...

An Overview Of Wrapped Bitcoin | DeFi Planet

An Overview Of Wrapped Bitcoin

Bitcoin and Wrapped BTC are two different cryptos, as the latter is an ERC20 token, which is meant to act as a tokenized version of the bitcoin. WBTC is the tokenized version of BTC that allows its users to...

USDT & Tether explained | DeFi Planet

USDT & Tether explained

USDT is a popular stablecoin that is pegged to the dollar and largely free from the volatility that is common in major cryptocurrencies. Volatility has become an issue in the crypto realm, which has discouraged potential crypto users from...

An Introduction To Binance Smart Chain | DeFi Planet

An Introduction To Binance Smart Chain

Binance Chain and Binance Smart Chain are different blockchains belonging to the same ecosystem. Binance Coin (BNB) is the native token of the Binance ecosystem.  Binance Chain was an earlier version that was fraught with issues that undermined the...

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