Tag: Cryptocurrency

a sort of electronic or virtual money It functions as regular money, such as dollars, pounds, euros, yen, and so on. However, it has no physical counterparts — banknotes or coins that can be carried about — and hence exists only in electronic form.

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 the business activities like supply chain processes of both online and ...

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 diving into the innovations that space offers. USDT is not the ...

A-Z of Solana: Features, Origin & Importance | DeFi Planet

A-Z of Solana: Features, Origin & Importance

Solana is a permissionless blockchain with a high transaction speed compared to its counterpart, Ethereum. It is highly scalable with over two hundred nodes offering a high throughput of over fifty thousand transactions per second.   Solana neither uses the Proof of Work consensus mechanism nor the Proof of Stake ...

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 centralized exchanges. As of August 2021, there is almost $69 Billion ...

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