Cryptocurrency

Crypto News Guides

What Is dYdX Exchange? How does It Work? Complete Beginner’s Guide[2024]

Centralized exchanges offer an easy entry point to the crypto world with familiar interfaces and quick transactions. However, there’s a key tradeoff: you’re giving a third party control over your assets the minute you use a centralized exchange. While decentralized exchanges have been around for a while, their slower transaction speeds previously held them back.

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Crypto News Guides

What is Quant (QNT)? How does It Work? Complete Beginner’s Guide[2024]

Summary of Quant The Quant Network is a software focused on building connections between existing distributed ledger networks. QNT provides organizations and governments with the infrastructure they need to connect their products with multiple blockchains and efficiently transfer data between systems. Today, numerous blockchain networks are in use by organizations and many are built with different coding languages and

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Crypto News Guides

What is BitTorrent (BTT)? How does It Work? A Complete Guide[2024]

BitTorrent captured the hearts of many music and movie enthusiasts in the early 2000s when it launched software that facilitated file sharing over a peer-to-peer network.  Rather than downloading or uploading files to a single server, users joined a network of computers running a software enabling them to exchange files and data with each other.

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Crypto News Guides

What Is SingularityNET? How does It Work? Complete Guide[2024]

The “singularity” in SingularityNET refers to a concept first proposed by science fiction writer Vernor Vinge in 1993, where at some point in the future technology will reach a stage of such overwhelming influence on all our lives that everything about humankind’s future will be so different that it is almost inconceivable to us now what that

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Crypto News Guides

What Is Bitcoin SV (BSV)? How Does It Work? Complete Guide[2024]

Bitcoin SV (BSV) stands for “Bitcoin Satoshi Vision.” The Bitcoin SV cryptocurrency emerged from a hard fork of Bitcoin Cash (BCH), itself a fork of Bitcoin (BTC). The split occurred in November 2018 and was primarily driven by differences in opinions over the direction and technology of Bitcoin Cash. What Is Bitcoin SV (BSV)? Bitcoin SV aims to restore the original

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Crypto News Guides

What Is The BEAM Token? How does It Work? Complete Guides [2024]

Introduction The Beam (BEAM) Token is the native crypto of a decentralized gaming network called Beam. The BEAM network allows gamers and developers to collaborate and engage themselves in immersive gaming experiences. It is a confidential decentralized finance (Defi) platform that focuses on privacy in the crypto space. This token was launched in 2018 by 

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Crypto News Guides

What is Flow (FLOW)? How does It Work? Complete Guides [2024]

Flow is a blockchain network designed to support NFT collectibles and decentralized games. Dapper Labs, the creator of Flow, realized in 2017 that the current generation of blockchains can’t handle the swiftly increasing demand for Non-fungible tokens (NFTs). Ethereum is the leading blockchain network that supports NFT collectibles but it only handles a limited amount of transactions

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Crypto News Guides

What is CORE ($CORE)? How does It Work? Complete Guides [2024]

Introduction Today, all of us who live on the bleeding edge of technology that is Web3 know just how powerful it can be. Just how disruptive the current applications are, and just how unfathomably paradigm-shifting those that lie on the horizon might be. With blockchain technology being implemented within supply chains, national currencies, and even our entertainment,

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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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