Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is used as a platform to launch other cryptocurrencies, which are called “tokens”. Tokens are used to represent anything from digital assets, commodities, or even loyalty points. Ethereum is also … Read more
Basic Attention Token (BAT) is a digital token based on the Ethereum blockchain. The token is designed to be used as a unit of account for advertising and attention-based services on the web. The project was founded by Brendan Eich, the creator of the JavaScript programming language and the co-founder of the Mozilla Corporation. The … Read more
MonaCoin is a decentralized, open-source cryptocurrency launched in January 2014. It is a fork of the Litecoin blockchain and utilizes the Scrypt proof-of-work algorithm. MONA is the native cryptocurrency of the Minamitsuuchi region in Japan and is commonly accepted as payment there. The MONA Foundation is based in Tokyo and is responsible for developing and … Read more
Ripple is a decentralized network that enables instant, low-cost international payments. The network is powered by a native cryptocurrency, XRP, which is used to facilitate transactions between different fiat currencies. Ripple is unique in that it doesn’t require a central authority to issue or manage the currency. Instead, the network is managed by a network … Read more
Binance Coin (BNB) is a cryptocurrency issued by the Binance exchange. It is used to pay fees on the Binance exchange, and can be used to pay for goods and services on the Binance ecosystem. Binance Coin is an ERC20 token based on the Ethereum blockchain. What is BEP20 and ERC-20 tokens? BEP20 is a … Read more
Cronos (CR0) is an altcoin that is based on the CryptoNote protocol. It is a fork of Bytecoin and has a number of changes, including a new proof-of-work algorithm, a different block time, and a different block reward schedule. What is the future of Cronos crypto? Cronos Group Inc. is a holding company that operates … Read more
What are Stablecoins? Stablecoins are a type of cryptocurrency that is designed to minimize price volatility. They do this by pegging their value to another asset, such as gold or the US dollar. This makes them ideal for use in transactions where stability is important, such as paying for goods and services. There are several … Read more
Ripple is a distributed financial technology that enables banks to send real-time international payments across networks. Ripple connects banks, payment providers, digital asset exchanges and corporates via RippleNet to provide one frictionless experience to send money globally. Ripple is built upon a distributed open source protocol, and supports tokens representing fiat currency, cryptocurrency, commodities, or … Read more
In cryptocurrency, a wei is the smallest unit of ether, the native cryptocurrency of the Ethereum network. One wei is equivalent to 10^-18 ether. The term “wei” comes from the Chinese word “微” (wēi), which means “small”. Which altcoins will explode in 2022? Bitcoin will continue to be the dominant cryptocurrency in 2022, with a … Read more
What happened to OneCoin, the crypto Ponzi scheme that bilked investors out of $4 billion? Is OneCoin a Binance? No, OneCoin is not a Binance. OneCoin is its own cryptocurrency that is not traded on Binance. Who was behind OneCoin? The team behind OneCoin is led by Dr. Ruja Ignatova, the founder of the company. … Read more
