Dai is one popular decentralized network that provides decentralized borrowing through Collateral. Dai is a perfect example of a fully decentralized Crypto network, unlike other cryptos. Here you can deposit your crypto as Collateral and borrow a loan according to the value of the deposit. Dai also has its cryptocurrency (DAI) listed in many major…
Tron (TRX) is a popular cryptocurrency that was founded in 2017 to digitalize online content. Justin Sun is the founder and CEO of the Tron blockchain platform. Earlier, he was known for working with Ripple, and later on, he founded his Blockchain network. After Bitcoin broke its record, many cryptocurrencies have gained momentum. Among them,…
Chainlink is a decentralized blockchain network built using ethereum solidarity. Chain link plays are such types of a decentralized network that helps us to verify the smart contract. For a successful smart contract it is necessary to ensure that both the party have met the requirement. To verify it, we use Chainlink blockchain technology. Chainlink…
Polygon is a famous cryptocurrency that has evolved to solve our existing blockchain technology limitations like Ethereum. Ethereum is one of the popular blockchain development platforms, but it has limitations. One of the significant limitations of the Ethereum blockchain is that it lacks portability. Moreover, Ethereum can only process 30 transactions per second, and besides…
Wrapped Bitcoin is an ERC-20 based ETH token running on the Ethereum network created in January 2019. It is the first ERC-20 token backed by Bitcoins which aims to be fully transparent and secure. The mission of this token is to showcase the power and transparency of Bitcoin’s underlying asset. Wrapped Bitcoin is a stable…
Bitcoin is the one of the world’s first and well-known cryptocurrency in the world. However, it is not the only one. Litecoin is a less well-known cryptocurrency that was created in 2011 as a Bitcoin fork. Litecoin, which is also a peer-to-peer digital currency, uses a different algorithm than Bitcoin, which allows for faster transaction…
Cryptocurrency is used as one of the exchange mediums, which is the collection of binary data. In this, the ownership of an individual coin is stored as a medium of exchange in the medium of records. The same is sorted in the form of a ledger for high secured transaction records to verify the transfer…
It is indeed true that Bitcoin was the first cryptocurrency coming into existence, but there are many other cryptocurrencies that have been arrived. These other cryptocurrencies have additional benefits and features. In this article, we will read more about Ethereum and Ethereum classic or Ethereum classic explorer. Ethereum is a focused blockchain platform that is…
Cryptocurrency has become an evolution and new form of payment that has been accepted by many across the world. This kind of digital currency can be used for buying goods as well as services, and also it uses an online ledger that has strong cryptography for securing online transactions. Blockchain which is a decentralized technology…
Ever Since the Bitcoin currency began to use in the year 2009, no one would have thought it can reach such an extent that it will turn into a major player in the world economy. It is a huge achievement for any cryptocurrency to reach such a state where it can possibly break the $1…
