Blog: CoinCentral

A consensus algorithm is a procedure used in computer science in which participants of a distributed network agree on the state of the network or the state of a single data value and establish trust among unknown peers in the network. Consensus algorithms are designed so that members of a blockchain come to an agreement to validate a transaction on the network, change...

Kusama is a smart contract-enabled blockchain platform developed by Gavin Wood, the co-founder of Ethereum. Kusama is Polkadot’s canary network, a testing network for developers who want to try their blockchains or decentralized applications (DApps) before deploying them on the Polkadot ecosystem. The term canary network stems from coal miners carrying canaries into coal...

Curve Finance is a decentralized exchange (DEX) and liquidity protocol built on the Ethereum network. It’s often used to swap stablecoins with low fees and slippage, as well as a place to deposit cryptocurrencies into liquidity pools to earn trading...

Ampleforth is an Ethereum-based software ecosystem that utilizes two types of digital assets, AMPL, a stablecoin, and FORTH, a governance token. Ampleforth doesn’t have a fixed supply for the AMPL token. Instead, the protocol reaches price stability using a rebasing system that modifies the supply based on demand. Ampleforth uses...

Polygon (formerly known as Matic Network) is a layer two (L2) scaling solution for Ethereum-compatible blockchain networks that enables fast, inexpensive, and secure off-chain transactions for payments and general interactions with off-chain smart contracts....

Anthony Georgiades is the Co-Founder of Pastel Network, a fully decentralized, developer-friendly layer-1 blockchain serving as the preeminent protocol standard for non-fungible tokens ("NFTs") and Web3 technology Georgiades...

A blockchain oracle is a third-party platform that bridges smart contracts with the outside world and vice versa. Most of these platforms use network oracles who search, query, verify and retrieve real-world data to smart contracts running decentralized applications (DApps); some other use APIs (Application Programming Interface). Generally, oracles are incentivized using the...

Ethereum Request for Comment (ERC) is a set of technical documents with guidelines for creating tokens or smart contracts to run applications on the Ethereum network. These can be assets, name registries, decentralized exchanges, and more....

Blockchain-based solutions are transforming how institutions and organizations from different fields conduct their businesses. From September 2021 to June 2022, the blockchain sector has received over $6 billion from approximately 40 top-tier companies like BlackRock, Alphabet, Morgan Stanley and Goldman Sach. This clearly outlines the faith of enterprises and institutions in...

Balancer is a decentralized exchange (DEX) and automated market maker (AMM) built on the Ethereum network. The protocol is governed by its community of $BAL token holders, who vote on protocol changes or submit their own proposals. In addition to Ethereum, Balancer supports two of the most popular Ethereum layer-2s:...

Solana is a permissionless and smart contract-capable blockchain platform designed with the goal of optimal performance, high transaction throughput, and fast transaction speed; powered by its native taken SOL, Solana rivals layer-1s such as Ethereum (ETH) and Avalanche (AVAX). In this Solana basics guide, you'll learn how the protocol works by reviewing its main components...

Huobi Global is one of the oldest cryptocurrency exchanges, founded in 2013 by Leon Li. It's home to roughly 10 million active users monthly and supports over 350 cryptocurrencies available to buy, sell, trade, stake, and lend crypto to earn compound interest. This Huobi review will cover...

Whether a beginner or an active collector, having the best NFT analytics tools at your disposal can help you gain valuable insights you may otherwise leave undetected by just eyeballing your new potential JPEGs. However, with so many different NFT analytics sites, it’s hard to tell which are actually providing legit insights that can...

Bitcoin's decentralized nature drives it apart from the traditional factors that affect other financial instruments in the macroeconomic scenario. Monetary policy, inflation rates, etc., do not affect the previous or...

Buying crypto is a much easier process than it was a few years ago; back in the day, people had to go as far as mailing physical money across the country (or world) to score some BTC. Today, buying crypto is as simple as signing up for an exchange, going through the basic KYC (Know Your Customer) questions that exchanges must collect by...

Celsius Network was a leading cryptocurrency lending platform and interest account where users could earn interest on their digital assets and take out cryptocurrency loans. With over 1.7 million users and over $8 billion in loans, the platform was the first place many crypto enthusiasts went to earn a yield on their digital assets or take out cryptocurrency loans. Now investors are looking...

Deribit is a crypto derivatives exchange that offers high leverage trading: 100x for Bitcoin futures and 50x for Ethereum futures. It provides users with numerous order types including options, perpetual swaps, portfolio management, automated trading, and more. In this Deribit review, we’ll go through some of the exchange’s core features and check its fees, trading features,...

Impermanent loss (also known as divergence loss) refers to the moment when you deposit tokens into a liquidity pool and their prices change compared to their original price when you deposited them. If you’re wondering: if you lose money when...

Avalanche is a smart contract-enabled platform that offers fast transaction settlement at a low cost. Like many blockchain platforms in the DeFi industry, the protocol is an alternative option to Ethereum’s scaling and gas fee problems. Avalanche provides 4k to 5k transactions/second with a finality time of 2 to 4 seconds. It’s home to hundreds of popular decentralized applications...

Avalanche is a smart-contract enabled layer-1 blockchain that offers low cost high-speed transactions. Avalanche targets three types of clients: Users who want to transfer crypto assets rapidly and economically. Developers who...