The most prominent token standard in today’s world is the Ethereum Request for Comment or commonly known as ERC. It is the subsidiary of the smart contract standard. For all the blockchains that support the smart contracts, often the token standard is included to let people know how to create, …

Tron or TRC-10 is defined as a technological token standard that does not need the Tron Virtual Machine (TVM). It is backed by the Tron Blockchain Network. The blockchain platform enables the creation of smart contracts, decentralized exchanges, virtual machines, decentralized applications, wallets and block explorers. Once TRC-10 tokens was …

Also known as the permissionless ledger or public ledger, it is a ledger that anyone is permitted to access and download. The users can also submit the messages for processes and also be involved in the process of verification, authentication and the consensus protocol for the blockchain transactions. Ethereum and …

This is the name that is given to a San Francisco based company offering blockchain based domain names to the users, most commonly .crypto and .zil. The latter one stands for the Ziliqa blockchain, one of the blockchains that is used to power the systems. These domain names can also …

Any Cryptocurrency except Bitcoin is Altcoin. This may include Ethereum (ETH), Ripple (XRP), and Litecoin (LTE). Other than that there is no other distinction between altcoins and Bitcoin. Both these cryptocurrency runs on the same technology known as blockchain technology. Read More.

Central Bank Digital Currency is a digital currency that is created by a central bank and maintained at the same time as the People’s Bank of China or the US Federal Reserve. These digital currencies represent the “fiat currency” of that particular bank. The central bank is responsible for the …

It is a “decentralized network” that runs on a well-distributed decentralized network but will not run on any Smartphone or PC such as Cryptokitties. Ethereum (ETH) and Bitcoin (BTC) are the most popular examples for this kind. 

DeFi refers to “decentralized finance” that does not depend on any central authority to conduct a transaction unlike the traditional banks. Here decentralized exchanges and special-purpose tokens are built on networks like Ethereum. DeFi 2.0 is the successor of the existing DeFi 1.0 and is expected to eradicate the limitations …

It is a state of building new Cryptocurrency tokens that are based on the Ethereum network. They are composed of Ethereum’s “smart contract capabilities”.

This term describes the dislodging of Bitcoin as a strong Cryptocurrency by another Cryptocurrency. This term happened in the market in 2017, when Ethereum’s currency value rose to seven percent of Bitcoin’s. Since that time Bitcoin asserted its dominance in the cryptocurrency market and now  it levitates at about 60%.