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...
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 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...
Beyond the mainstream success of Bitcoin and Ethereum, the blockchain world is home to a trove of remarkable networks. While some of these networks focus on enhancing the usability of existing blockchains, others are dedicated to solving real-world challenges...
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...
Introduction The story of Dogecoin is nothing short of remarkable. What started as a sheer joke and a fun project has now transformed into a digital asset with a market capitalization exceeding a staggering $10 billion. Who would have...
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...
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...
Polkadot was created by a co-founder of Ethereum, Dr. Gavin Wood, and it is designed to permit blockchains to easily transfer value in a trustless manner while sharing their peculiar functionalities with one another. A key aspect of Polkadot...
In the crypto world, UniSwap is a popular decentralized exchange (DEX) that is a force to be reckoned with because of the incredible features it offers. It is currently being hosted on the Ethereum blockchain and allows its users...
