Getting started in decentralized finance (DeFi) can be intimidating. Although the path to financial freedom is exciting and full of limitless possibilities, there is much to learn when first entering this space. DeFi is evolving rapidly and will significantly...
As the crypto space expands, new cryptocurrencies emerge. Some are intended to serve as the keys to decentralized finance (DeFi) platforms. Some cryptocurrencies' use cases are linked to NFT platforms and their functionalities. In some situations, a coin may...
As blockchain technology continues to establish itself as a new cornerstone of the global economy, its decentralized network architecture faces a unique problem known as the Blockchain Trilemma (which comprises decentralization, security, and scalability). "Blockchain decentralization" refers to the...
Introduction Blockchain works in the same way that the Internet does, with interconnected computers called nodes storing and independently verifying shared data. It is essentially a non-alterable ledger distributed across a network of computers. Blockchain has three key attributes:...
Decentralized Finance (DeFi) is a sector in the crypto space dedicated to decentralized financial services. It includes a variety of financial services that anyone can access. These services differ from centralized financial services in that they are managed by...
In the blockchain space, forks happen for different reasons. A fork may occur as a result of the requirement to implement a protocol update. For example, the Alonzo hard fork was conducted to integrate smart contract functionalities into Cardano....
The cryptocurrency market is highly volatile, and trading comes with the risk of incurring losses owing to different reasons. As a crypto trader, it is crucial to practice responsible trading. Astute crypto enthusiasts tend to map out a plan...
The Decentralized Finance (DeFi) space, though largely nascent, is witnessing exponential growth. DeFi has made laudable achievements in eliminating centralization, increasing financial inclusion, and optimizing operational efficiency. Despite its impressive growth and numerous advantages, DeFi, like many other ecosystems...
Crypto exchanges are crucial components in the crypto sector as token holders may want to trade their tokens for fiat or other cryptocurrencies. Traders can trade their cryptocurrency holdings in a variety of methods. This can be done through...
Crypto projects employ numerous methods to raise funding for the development of their architecture. Typically, a project offers investors its native token in exchange for funding. This article examines the definition of an IDO and what to expect throughout...
