Centralized exchanges offer an easy entry point to the crypto world with familiar interfaces and quick transactions. However, there’s a key tradeoff: you’re giving a third party control over your assets the minute you use a centralized exchange. While decentralized exchanges have been around for a while, their slower transaction speeds previously held them back.
Summary of Quant The Quant Network is a software focused on building connections between existing distributed ledger networks. QNT provides organizations and governments with the infrastructure they need to connect their products with multiple blockchains and efficiently transfer data between systems. Today, numerous blockchain networks are in use by organizations and many are built with different coding languages and
NFT-based online video games aren’t anything new. They have been around since at least 2017 with the launch of the ever-popular CryptoKitties, and many can be considered moderately successful. However, Axie Infinity is arguably different from anything that has come before it. With a market capitalization of more than $2 billion (as of writing) and projected revenues of more
BitTorrent captured the hearts of many music and movie enthusiasts in the early 2000s when it launched software that facilitated file sharing over a peer-to-peer network. Rather than downloading or uploading files to a single server, users joined a network of computers running a software enabling them to exchange files and data with each other.
The “singularity” in SingularityNET refers to a concept first proposed by science fiction writer Vernor Vinge in 1993, where at some point in the future technology will reach a stage of such overwhelming influence on all our lives that everything about humankind’s future will be so different that it is almost inconceivable to us now what that
Bitcoin SV (BSV) stands for “Bitcoin Satoshi Vision.” The Bitcoin SV cryptocurrency emerged from a hard fork of Bitcoin Cash (BCH), itself a fork of Bitcoin (BTC). The split occurred in November 2018 and was primarily driven by differences in opinions over the direction and technology of Bitcoin Cash. What Is Bitcoin SV (BSV)? Bitcoin SV aims to restore the original
Summary of Akash Akash is an open-source and decentralized cloud computing platform built using the Cosmos software development kit (SDK) and implemented on the Cosmos blockchain. Akash allows for the deployment of any cloud-native application, improving price-performance and scale for decentralized applications and organizations on its network. Akash is compatible with many existing cloud applications and
Ethena Finance (ENA/USDe) is emerging as a notable player in the cryptocurrency and decentralized finance (DeFi) sectors. Powered by its proprietary stablecoin, USDe, Ethena aims to offer a synthetic dollar that operates across various DeFi applications without relying on traditional financial infrastructure. Ethena Finance was mentioned as a trade idea for the latest edition of the Weekly
Introduction The Beam (BEAM) Token is the native crypto of a decentralized gaming network called Beam. The BEAM network allows gamers and developers to collaborate and engage themselves in immersive gaming experiences. It is a confidential decentralized finance (Defi) platform that focuses on privacy in the crypto space. This token was launched in 2018 by
Flow is a blockchain network designed to support NFT collectibles and decentralized games. Dapper Labs, the creator of Flow, realized in 2017 that the current generation of blockchains can’t handle the swiftly increasing demand for Non-fungible tokens (NFTs). Ethereum is the leading blockchain network that supports NFT collectibles but it only handles a limited amount of transactions