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...

A-Summary-of-ChainLink

A Summary Of ChainLink

The blockchain world, especially the decentralized financial realm, needs data to operate effectively, and that is why Chainlink was created. Chainlink is a decentralized oracle protocol that offers real-world data to smart contracts on the blockchain. Many DeFi ecosystems...

What To Expect In Ethereum 2.0

Ethereum 2.0: All You Need To Know About Ethereum’s Serenity Upgrade

Ethereum spawned from the intention to address the limitations of the Bitcoin blockchain. Unlike Bitcoin, Ethereum introduced support for smart contracts, enabling its use in decentralized finance (DeFi) and the creation of various decentralized applications (dApps). However, Ethereum itself...

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