Why crypto projects need a blockchain audit?
An organization that intends to undertake a project in the crypto field is often faced with a new world of technologies that have never been used directly before and may underestimate specific aspects that are proper to projects in this field. In traditional projects, there are always organizational audits, but in this case, it’s very […]
Bitcoin Lightning Network: Instant payment, scalability, low cost and swaps
The Lightning Network is a second layer added to the Bitcoin (BTC) blockchain that enables off-chain transactions or transactions between parties that are not connected to the blockchain network. The second layer is made up of multiple payment channels between parties or Bitcoin users. A Lightning Network channel is a two-party transaction method that allows […]
CityCoins project and communal prosperity
CityCoins is the parent project that promotes every city to adopt cryptocurrency and blockchain technology for social purposes. Miami is the first city to launch this project, leading to MiamiCoin ($MIA) as the first city with its own cryptocurrency. MIA can be bought, sold, and traded, being an interesting asset for both investors and the […]
The Cardano story
In the myriad of cryptocurrencies that have appeared on the scene in the last decade, ADA, the Cardano-related cryptocurrency, is among the most successful. One of the key elements of its success is certainly the fact that Cardano, which is a blockchain platform, uses Proof of Stake as its consensus algorithm and not Proof of […]
Bitcoin in El Salvador, motivations and criticisms
September 7, 2021 will surely remain a historic date for the cryptocurrency world and time will tell if it will also remain a turning point in the economy. In fact, this date marked the adoption of bitcoin as legal tender in one country: El Salvador. The cryptocurrency will then stand alongside the country’s other official […]
Solana: Understanding Decentralized Network behind the High-Flying Cryptocurrency SOL
Solana (SOL), a cryptocurrency that launched in April 2020, has been making headlines in the crypto market lately. The dramatic and consistent rise of this coin has attracted the attention of many people in the cryptocurrency world. In January 2021, SOL was trading at about $1.5 in the market. During the first week of September, […]
Crypto token types
A token is a non-native blockchain asset with a value that isn’t limited to monetary purposes. Tokens also need the existence and operation of a different platform. For example, ETH is a coin since it is a cryptocurrency native to the Ethereum network. Nevertheless, the capacity to generate new tokens inside the Ethereum network is […]
Decentralizing entertainment with NFTs
A new NFT (non-fungible token) project launched by Hollywood star Mila Kunis made approximately $8 million in an NFT sale that lasted less than 40 minutes. The NFTs are linked to adult animated comedy series called “Stoner Cats.” Stoner Cats is one of the first TV show that is fully funded by NFTs, digital collectibles […]
How does Compound work?
Compound is a DeFi algorithmic money market protocol running on the Ethereum blockchain that uses loan pools to facilitate loans in a variety of cryptocurrencies. Borrowers can take secured loans, while lenders who make funds available to loan pools can earn on their deposits via specially issued native tokens (COMP tokens). The birth of Compound […]
Why it’s still hard to withdraw euros from a crypto exchange?
Exchanges are all set to convert your euros easily into crypto coins and back. However, withdrawing euros from a crypto exchange can be a hassle. There are various crypto exchanges that claim to offer the option to withdraw euros easily, but even the biggest of these crypto exchanges, like Binance, are facing problems while transferring […]