Crypto News Guides

What is Starknet (STRK)? How does It Work? Complete Guides [2024]

Starknet is an Ethereum layer-2 scaling solution that uses a zero-knowledge rollup based on StarkWare Industry’s trustless “STARK” proof. Starknet is one of many layer-2 scaling solutions (L2s) for Ethereum. There are multiple approaches to increasing transaction speeds and decrease costs, but one of the most popular has become zk-rollups. Both commonly-found types of rollups—the other

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Crypto News Guides

What is Algorand (ALGO)? How Does It Work? Complete Beginner’s Guide[2024]

Algorand is a smart contract platform for building decentralized applications (dapps) created with the goal of solving the blockchain trilemma of decentralization, security, and scalability. Blockchain developers often aim to solve for the trilemma when building new protocols. To that end, the platform was created to handle up to 1,000 transactions per second with a

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Crypto News Guides

What is Aave (AAVE)? How Does It Work? Complete Beginner’s Guide[2024]

One of a number of emerging DeFi cryptocurrencies, Aave is a decentralized lending system that allows users to lend, borrow and earn interest on crypto assets, all without middlemen.  Running on the Ethereum blockchain, it instead is a system of smart contracts that enables these assets to be managed by a distributed network of computers running its software.  This means Aave

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Crypto News Guides

What is Jupiter (JUP)? How Does It Work? Complete Beginner’s Guide[2024]

Jupiter is one of the most popular platforms in the Decentralised Finance (DeFi) sector, on the Solana blockchain, and recently became the most popular DEX aggregator in the world. It has established itself as a significant liquidity aggregator, a role that involves pooling resources to ensure more efficient and effective token swaps, perpetual futures, and the management of

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Crypto News Guides

What Is Ondo (ONDO)? How Does It Work? Complete Beginner’s Guide[2024]

Ondo, or Ondo Finance, is a U.S.-based issuer of tokenized securities. It was established in 2021 with a mission to democratize access to institutional-grade financial products and services using blockchain technology. Ondo represents a blend of traditional financial wisdom and innovative blockchain applications, aiming to improve both the infrastructure and accessibility of financial products. This

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Crypto News Guides

What is BNB token and BNB Smart Chain? Complete Guides 2024

BNB Smart Chain, formerly Binance Smart Chain, is an Ethereum Virtual Machine (EVM) compatible blockchain platform capable of general purpose smart contract execution. It is a base layer, or Layer 1 (L1), which is part of the BNB Chain ecosystem of blockchains that is developed with the support of cryptocurrency exchange Binance. It is known

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Crypto News Guides

What is Celestia Crypto? How Does It Work? A Complete Guide[2024]

Celestia uses a modular blockchain network to revolutionise the scalability and architecture of traditional blockchain systems. As the data over a blockchain increases, the data load increases. With excessive data, it becomes tougher to download and verify the ledger. It is critical to the security of any blockchain to ensure and inspect the ledger of

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Crypto News Guides

What is Floki Inu Coin? How does it work? A Complete Guides[2024]

Floki Inu is another dog-themed meme coin that was created from another meme coin, the Shiba Inu coin. The Japanese dog breed is known as ‘Shiba Inu’ and has been the theme for other meme coins like Dogecoin and the Shiba Inu coin. Floki Inu is named after Tesla CEO Elon Musk’s pet Shiba Inu, Floki. The billionaire

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Crypto News Guides

What Is Staking? How Does It Work? Complete Guides 2024

Like a lot of things in crypto, staking can be a complicated idea or a simple one depending on how many levels of understanding you want to unlock. For a lot of crypto users, knowing that staking is a way of earning rewards while holding onto certain cryptocurrencies is the key takeaway. But even if you’re just

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Crypto News Guides

What is Fantom (FTM) ? Advantages & DisAdvantages [2024]

Fantom [FTM ] is a smart contract-enabled blockchain platform aiming to address the decentralization, security and scalability tradeoffs many blockchains face.  These three elements are commonly referred to as the “blockchain trilemma,” meaning a focus on two has often required a tradeoff on the other. Fantom aims to overcome these tradeoffs and make improvements across all three with

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