Tag: blockchain

DeFi Sunday: DeFi must focus on improving privacy

The DeFi industry certainly boasts a literal rocket launch and development that other industries can hardly compete with. However, this does not mean that there are no challenges for the developers. One of the biggest obstacles to the inflow of institutional capital is the protection of privacy on a fully open platform.
Is Cardano about to “eat” the current financial system?
ADA
1.09%

Is Cardano about to “eat” the current financial system?

Supporters of the cryptocurrency Cardano (ADA) have reasons to celebrate again. The company has announced the testing of smart contracts, which will turn it beyond recognition and bring huge opportunities for further development. Founder Charles Hoskinson also commented about what cryptocurrencies can do to the current financial system.

Fundament of the week – What is staking?

Staking can be considered a less demanding alternative to cryptocurrency mining. This includes holding funds in a cryptocurrency wallet (or even on some exchange accounts) in order to support the security and operation of the blockchain network. Simply put, staking is the act of locking up cryptocurrencies for a reward.

The fundament of the week: What is a genesis block?

In 2009, more precisely on January 3, an unknown developer (or group of developers) named Satoshi Nakamoto began writing history by releasing the so-called Genesis block on the Sourceforge server.

Fundament of the week: Byzantine fault tolerance

Since the invention of Bitcoin as a peer-to-peer electronic cash system in 2008, many other cryptocurrencies have been developed. Each with a specific mechanism. But one thing that almost all cryptocurrencies have in common is the blockchain as a major element of their architecture.

Fundament of the week: Double-spending Problem

One of the main problems of every cryptocurrency developer is the issue of double-spending. This refers to an event in which individual spends their cryptocurrencies more than once, thus creating differences between the expense record and the amount of cryptocurrency available as well as the way it is distributed.

Fundament of the week: What is white paper and how is it written

In this article, we will talk about probably the most important part of any crypto project that has the ambition to come to light.

DeFi Sunday: The Equilibrium project receives new funding on the Polkadot network

Equilibrium receives a $ 2.5 million financial injection on the Polkadot network. This means significant support and acceleration of the whole project. It is an ideal opportunity for Equilibrium to become one of the 100 parachains on Polkadot.

Fundament of the week – ERC-20 Tokens

When it comes to tokens, there are simply no limits to the imagination. One could say that tokens are essentially smart contracts that use the Ethereum blockchain network. Today, let's talk about one of the most important token standards for the ETH network - the ERC-20.

DeFi Sunday: KickPad launches its first IDO

KickPad, one of DeFi's most anticipated platforms, announces its first initial DEX (Decentralized Exchange) offering with the Orakuru project, running on the Binance Smart Chain. Once it starts, it will have the highest number of resources on the BSC.

Fundament of the week – Smart contracts

The term “smart contract” refers to a protocol or software that secures, verifies, or enforces the negotiation or transfer of a contract (or agreement). This can be done in a way that eliminates the need for a real physical contract between people. It goes without saying that the possibilities offered by smart contracts are revolutionary.

Fundament of the week: Token vs Coin – what are the main differences?

There are several key differences between Cryptocurrency coins and tokens. Today, we will go through all of them.