DeFi stands for decentralized finance which is an umbrella term of financial applications in digital currency or blockchain inclined towards cutting off the financial intermediaries. Decentralized finance draws inspiration from blockchain, which is the technology behind Bitcoin which is a digital currency. This allows various entities to grab a copy …
Read More »An Easy Guide To Understand Lightning Network Better
For carrying out Bitcoin transactions efficiently, a Lightning Network is applied on bitcoin that employs micropayments channels to increase the blockchain capability of this crypto. This is second layer technology. Transactions that take place through this network are less costly, faster, and more readily confirmed compared to those that are …
Read More »What Are NFT Tokens And Their Important Operations?
NFT tokens are the hottest trend in the past few months. With the formulation of Bitcoin in 2009, the creator would have not guessed that the world would purchase digital collectible Crypto Kitties, Hashmasks, Punks, celebrity music, and so on. However, all of the above-mentioned commodities made use of a …
Read More »What Is Crypto Staking? A Complete Guide On The Same
Crypto staking is a trend that has evolved in response to the rising demand for energy that has resulted from the PoW (Proof of Work) protocol such as the one that has been used by the BTC (Bitcoin) blockchain in validating transactions. Cryptocurrency staking involves assembling and setting aside a …
Read More »What Is The Difference Between Bitcoin Bubble & Dot-Com Bubble?
As Bitcoin has risen from the darkness, its immediate potential has forced both the mainstream media and the financial world to stand up and notice. In 2017, the price of Bitcoin alone has seen immense profits of more than 1700%. It is that rise that made the critics calling the …
Read More »What Is Binance Savings And How Is It Useful?
While the rate of savings on the bank balance is decreasing rapidly, many investors who do not wish to trade are looking for other ways that will give them a good portion of the profit. So in this article, we will discuss Binance savings as this is the alternative to …
Read More »Soft Fork Vs Hard Fork: How Are Both Different?
It is necessary to update the ICT system continuously. This is done for the addition of new functionalities to fix security issues or bugs. Likewise, a blockchain also requires updates from time to time, so that when a soft fork comes into action. It is used for the update of …
Read More »What Is Stellar Lumens And Why Is It Important?
In the time that is taken by Bitcoin to complete one transaction, there is a coin known as Stellar Lumens that can complete nearly 120 to 200 transactions in the same time span. By the end of this article, you will get a detailed knowledge about this crypto. What Are …
Read More »What Do You Need To Know About Crypto Scams?
Cryptocurrency is quite an interesting topic now and people are investing more in these cryptocurrencies and there are many nations that are looking forward to accepting digital currency along with fiat currency. But what makes digital currency different from a cash or other payment methods? Why should you invest in …
Read More »What Is Cryptocurrency Sports Betting? How To Use It?
The advent of cryptocurrency changed every virtual industry including online gambling. Even though the digital currency was initially fluctuating and was a place for high risk takers and also speculators, now the scenario has changed and become more stabilized and trusted by many businesses and individuals. For example, unofficial statistics …
Read More »