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Crypto News Guides

What is Cronos (CRO)? How It Works? Complete Guides 2024

Cronos CRO Protocol Labs (“Crypto.com”) is a payments ecosystem that offers a range of blockchain-based solutions to help increase crypto adoption and put “cryptocurrency in every wallet.” Crypto.com started out as a financial services firm in Monaco, which offered VISA-approved payments cards pre-paid with crypto. It also had an exchange, wallet, and other crypto portfolio products.

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Crypto News Guides

What Is Aptos (APT)? How It Works? Complete Guides 2024

Founded by Avery Ching and Mo Shaikh in October 2022, Aptos is a Layer-1 blockchain designed to be scalable, safe, and reliable. Aptos uses the AptosBFT consensus mechanism built on the smart contract programming language Move. Aptos is a relatively new player in the blockchain world, designed with a focus on scalability, security, and reliability. Here’s a concise explanation: Overall,

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Crypto News Guides

What Is Ethereum Classic (ETC)? How It Works? Complete Guides 2024

Ethereum Classic (ETC) is an open-source, decentralized, blockchain-based distributed cryptocurrency platform that runs smart contracts. Ethereum Classic was established in 2016 after the decentralized autonomous organization (DAO), which used smart contracts operating on the Ethereum blockchain, was hacked. The original blockchain was split in two, with the majority of users choosing to reverse the hack and return the stolen

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Crypto News Guides

What is Dai? How It Works? Complete Guides 2024

The first decentralized, collateral-backed cryptocurrency, DAI is a crypto asset that attempts to maintain a price of 1 U.S. dollar per 1 DAI by locking other crypto assets in contracts. This means that unlike other asset-backed cryptocurrencies, which may be issued by for-profit companies, DAI is the product of an open-source software called the Maker

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Crypto News Guides

What is Pepe (PEPE)?How It Works? Complete Guides 2024

PEPE Memecoins are cryptocurrencies that are named after pop culture phenomena—especially internet memes. The first and arguably most famous of these is Dogecoin, which was created in 2013 and used a picture of a Shiba Inu as its symbol. Although memecoins are generally created as simple jokes or references, without complex features or economics, the

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Crypto News Guides

What is Litecoin (LTC) ? How It Works? Complete Guides 2024

Widely considered to be the first successful “alternative cryptocurrency,” Litecoin’s LTC 2011 release inspired a wave of developers to try and expand the user base for cryptocurrencies by altering Bitcoin’s code and using it to launch new kinds of networks.  So, while Litecoin was not the first cryptocurrency to fork from Bitcoin and modify its

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Crypto News Guides

What is Polygon (MATIC)? How It Works? Complete Guides 2024

Polygon MATIC is a “layer two” or “sidechain” scaling solution that runs alongside the Ethereum blockchain — allowing for speedy transactions and low fees. MATIC is the network’s native cryptocurrency, which is used for fees, staking, and more. You can buy or sell MATIC via exchanges like Coinbase.  The Ethereum blockchain is home to a

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Crypto News Guides

What is Near Protocol? How It Works? Complete Guides 2024

Near Protocol (NEAR) is a layer-1 blockchain built to host smart contracts and decentralized apps (DApps). Near Protocol was designed to make blockchain technology accessible and user-friendly for developers and end-users. The protocol exists to create a more inclusive and decentralized internet, by empowering developers and users to participate in the blockchain ecosystem. Near emphasizes

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Crypto News Guides

What Is Bitcoin Cash? How It Works? Complete Guides 2024

Bitcoin (BTC) remains Bitcoin Cash the most popular cryptocurrency, but it’s not without flaws. Specifically, it allows a relatively low volume of transactions per second, limiting its utility for payments. Bitcoin Cash (BCH) came into being in 2017 to address this issue, offering a cheaper, faster way to process payments. Since that time, Bitcoin Cash has

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Crypto News Guides

What is Chainlink (LINK) ? How It Works? Complete Guides 2024

Chainlink is a cryptocurrency aiming to incentivize a global network of computers to provide reliable, real-world data to smart contracts running on top of blockchains.  If you’re unfamiliar, smart contracts are agreements programmed to execute if and when certain conditions are met. To date, smart contracts have been used for everything from creating novel crypto-financial

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