Ruma

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Stats Has written 188 posts about cryptocurrency

Jan 20 2022

The 3 Best Browser Extension Wallet Options

If you are a crypto user, you must be familiar with wallets. Wallets allow the users to store assets and manage funds along with interacting with the underlying blockchain network. Wallets are non-custodial in nature which means Your Key, Your Ownership. With wallets, users have complete control over their private keys. They can recover their assets again if they have safely stored...

Jan 19 2022

How To Use The Ecto Wallet

Ecto wallet is a Chrome browser extension wallet for the Phantasma network. It allows the users to connect with the network, and store and manage assets. Using the wallet interface, users can stake SOUL tokens, and perform cross- chain swap activity to other supported networks like Ethereum, Neo, and Binance Smart Chain. The Phantasma network supports two wallets: Poltergeist, and Ecto. We have already...

Jan 18 2022

What is a Blockchain?

Almost everything we do involves a transfer of value. Historically people used barter systems. In such systems, people allocated value to items and exchanged it as per mutual agreement. This can be as simple as exchanging a bag of rice for a pair of chickens. Money brought standardization. People suddenly had a method of exchange that had a base value, easy to use,...

Jan 17 2022

How To Use The Poltergeist Wallet

The Poltergeist wallet is one of the native wallets of the Phantasma network. Therefore, users can store, manage, and stake SOUL tokens (Phantasma native token) using the wallet's interface. In this article, you will discover how to use and install this wallet. Also, the Phantasma network supports two wallets: Poltergeist and Ecto Wallet. Also, the Ecto wallet will be covered in the next...

Jan 13 2022

How Does The Crypto Credit Industry Work?

The crypto credit market was one of the first markets that evolved in Blockchain. Products like Compound enabled lending and borrowing in a decentralized way. Since then Lending and Borrowing have become synonymous with Decentralized Finance. DeFillama gives us good visibility of the TVLs locked in these platforms and also the borrowed volume....

Jan 11 2022

How To Install And Use The Coin98 Wallet

Jan 11 2022 Published at Altcoin Buzz under tags  coin98 wallet crypto wallets wallet

Coin98 is a non-custodial wallet that allows users to store and manage crypto assets from multiple networks. The wallet supports many major networks like Ethereum, Binance Smart Chain, Solana, Polkadot, Kusama, Avalanche C-Chain, HECO Chain, etc. It is available for iOS, Android, and as a browser extension. So, in this article, we will explain how you can install and set up the Coin98...

Jan 10 2022

How To Participate In FantomStarter IDO

FantomStarter is an all-in-one crypto investment platform that allows any Defi, NFTs, and decentralized exchange (DEX) to launch their tokens and raise funds through private/public listing. Therefore, in this article, you will discover everything about FantomStarter and how to participate in it. What is FantomStarter?...

Jan 07 2022

Why Has Phantom Wallet Gained 1.8 million users In Less Than a Year?

Jan 07 2022 Published at Altcoin Buzz under tags  phantom wallet wallet

Just before this "bear cycle," Solana was in a massive "bull run." From $3 value in January 2021 to an all-time high of $258 ten months later. Therefore, this growth needed an efficient wallet that will help easy onboarding people from Ethereum, bridge solutions, wallets. There were wallets like Solflare, but those were not user-friendly. Solana badly needed a Wallet, and it got...

Jan 06 2022

How To Participate In Yield Farming In Beefy Finance

Beefy Finance is the first Yield Optimizer on Binance Smart Chain (BSC) that offers many liquidity pools called Vaults. These funds let users deposit their liquidity pool / single assets and multiply their profits. These vaults use a specific set of strategies and automation techniques that periodically reinvest...

Jan 05 2022

How to Download and Play PlayerMon’s SpaceDen

The Play-to-Earn model is becoming a part of the mainstream gaming culture. In the past, players would play games only because they liked them. However, in P2E games, users can combine the economic model. Therefore, this monetary benefit, along with the low entry barrier, low network fee, results in a massive surge of players towards the success of the...

Dec 28 2021

ConsenSys: How Smart Contracts Audits Will Evolve in 2022

Smart Contracts are the backbone of blockchain. These contracts ensure that we do not need to trust a 3rd party. Top De-Fi smart contracts lock of over $10 Bn in Total Value. The launchpads distribute tokens of IDO projects through smart contracts. But can you trust the code? Let's see what ConsenSys has to say on the subject. On December 5th...

Dec 27 2021

How To Use The Sollet Wallet

Sollet is a non-custodial, open-source browser extension wallet for the Solana network. The wallet application is developed by the Project Serum team. Solana network users can use the wallet application to send, receive, swap SPL tokens. The wallet is mainly suited for advanced users and developers as it provides you with many network options to connect with. In this article, we will explain...

Dec 21 2021

Test And Review Of The Blank Wallet

The Blank team is currently doing the final round of their wallet’s main-net beta testing. The testing process is part of Blank wallet’s 3 phase release plan. The project is allowing only a few testers to thoroughly test and review the wallet’s functionality with real funds/assets. Testers can currently connect and work with the Ethereum, Arbitrum, Binance Smart Chain, and Polygon networks. The...

Test And Review Of The Blank Wallet

The Blank team is currently doing the final round of their wallet’s main-net beta testing. The testing process is part of Blank wallet’s 3 phase release plan. The project is allowing only a few testers to thoroughly test and review the wallet’s functionality with real funds/assets. Testers can currently connect and work with the Ethereum, Arbitrum, Binance Smart Chain, and Polygon networks. The...

Dec 20 2021

How To Use The Phantom Wallet

Phantom is a non-custodial, decentralized, browser extension wallet that allows the users to store assets and access dApps on the Solana blockchain. Users can use the wallet application to deposit, transfer, stake, and swap assets on Solana easily. The application is planning to extend its support to Ethereum and other blockchains in near future. The wallet application...

Dec 17 2021

How To Use The Nami Wallet

Nami is a non-custodial, open-source, browser extension wallet for the Cardano blockchain. The application allows the users to manage assets, delegations to stake pools, minting, multi sigs, etc. It is planning to embed the support of smart contracts after the Alonzo hard fork. It is developed by Berry. The...

Dec 16 2021

How to Farm and Stake Into the Raydium Platform

The Raydium platform is a famous AMM on the Solana network that allows users to perform DEX services at a cheaper and faster rate. In the previous part of this article series, we explained how this platform is different from other AMMs, AND how you can trade, swap, and add/remove liquidity into the...

How to Swap and Add Liquidity Into the Raydium Platform

Raydium is an automated market maker (AMM) platform built on the Solana blockchain. The platform allows the user to do swaps, trades, add liquidity, yield farming, staking, use the NFT launchpad, etc. all in a single interface. Being powered by the Solana network, the platform, by default, offers faster and cheaper transaction processing. The platform has a native governance token named RAY. The...

Dec 15 2021

Top 10 Use Cases Of Blockchain Technology (Part 2)

In Part 1 of this series, we discussed how Blockchain has played a disruptive role and is reshaping the functioning of different industry sectors. We talked about Decentralized Finance and how different areas of Traditional Finance like Payments, Exchanges, Loans are moving to the blockchain. In this...

Top 10 Use Cases Of Blockchain Technology (Part 1)

Blockchain has come a long way since its inception, which had a humble beginning as a distributed Ledger with Bitcoin's PoW protocol. However, since the growing popularity of Bitcoin, people understand its immense potential. On the other hand, the introduction of smart contracts since Ethereum's Blockchain has completely transformed the industry. Now people can use a distributed ledger and transfer value, where smart...