A Beginner's Guide To Vechain | DeFi Planet

A Beginner’s Guide To Vechain

The underlying concept of Vechain is to improve the supply chain of businesses by leveraging on the innovations that blockchain technology offers. Its purpose is quite different compared to other cryptos out there because it is meant to improve...

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...

What Are Liquidity Pools And How Do They Work | DeFi Planet

What Are Liquidity Pools And How Do They Work?

DeFi has blown up in the past year, and the on-chain activity has been rapidly increasing. The volumes have been so high recently that popular decentralized exchanges like Uniswap can even compete with the volume on some of the...

How NFTs Can Unlock The Potential Of DeFi. NFTs have taken the digital art and collectibles niche by storm.

How NFTs Can Unlock The Potential Of DeFi

NFTs have taken the digital art and collectibles niche by storm. While the first-ever NFT, Quantum was created by Kevin McCoy on May 3, 2014, it was only in 2020 that NFTs caught mainstream attention. In 2020 and 2021,...

An Introduction To USDC | DeFi Planet

An Introduction To USDC

Telling some centralized or traditional finance enthusiasts to embrace cryptocurrencies can be likened to advising them to bear the burdens of Hercules on their shoulders. Many tend to look at some of the issues plaguing crypto, and volatility is...

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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