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...
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...
Polygon, a “Layer 2” solution for the Ethereum blockchain was recently rebranded from its original name, Matic Protocol. It is a protocol that can be used to build and link Ethereum-compatible blockchain networks. As an open-source platform, it offers...
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...
Cardano is currently ranked 18th among blockchain ecosystems in terms of total value locked (TVL) in DeFi. While this position might not be the most eye-catching, it's important to note that Cardano boasts a substantial on-chain activity within its...
Yield farming is one of the most trending topics in the world of DeFi. While the DeFi summer is known for the surging prices of DeFi tokens, it is yield farming that provides the most value in the DeFi...
TLDR: Decentralized Finance (DeFi) is a growing industry that promises to disrupt Traditional Finance (TradFi). DeFi is a set of decentralized, permissionless protocols that provide financial services without a middleman or central authority to facilitate operations. There is a...
