Recent blog posts
-
·What are NFTs? Non-Fungible Tokens in 2024 Explained
The crypto market has come a long way since the launch of Bitcoin in 2009. What started as a concept of digital cash has evolved into a complex, multi-faceted industry that offers new types of financial services and assets and reimagines concepts like ownership and trust in the modern world. One of the most highly-publicized, […]
-
·What is a Decentralized Exchange (DEX) in 2024?
Decentralized exchanges (DEX) have revolutionized the way cryptocurrencies are traded by eliminating the need for intermediaries. This article explores how DEXs work, highlights popular platforms, discusses their advantages, and addresses challenges and limitations they may face. How Decentralized Exchanges (DEX) Work Decentralized Exchanges (DEX) operate on blockchain technology, allowing users to trade cryptocurrencies directly without […]
-
·10 Real World Use Cases for Blockchain Technology
Blockchain was invented to power cryptocurrency projects, but the technology has since expanded into many industries. It is transforming the methods of conducting transactions and managing data in industries ranging from finance and healthcare to supply chain and real estate. The adoption of blockchain is leading to a more transparent, secure, and efficient environment for […]
-
·Introduction to Proof of Stake (PoS) in Cryptocurrency
One of the major issues in the crypto industry has been consensus, the method through which transactions are processed and network security is maintained. Bitcoin, the first-ever cryptocurrency, has been famously criticized for its very high energy consumption as a result of its Proof of Work consensus method, causing more energy consumption than many European […]
-
·What is a Decentralized Exchange (DEX)? DEXes Explained in 2024
The entire concept of cryptocurrency originated from a single concept – a digital form of cash that no one person or entity could control. One of the best examples of how this democratized ideal can be put into practice is with decentralized cryptocurrency exchanges. What is a DEX and How Does it Work? A Decentralized […]
-
·What is Crypto Mining and How Does It Work?
Money doesn’t grow on trees, and neither does crypto. In fact, cryptocurrency assets are created in a democratized process called mining, meaning members of the crypto community participate in creating new units of currency and validating transactions for a reward. People often find the topic of how crypto mining works intimidating, but it doesn’t need […]
