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Stats Has published 293 posts about cryptocurrency

Nov 28 2022

The Different Types of Consensus Algorithms in Blockchain Platforms

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...

What is Kusama? The Battleground for Polkadot Developers

Nov 28 2022 Published at CoinCentral under tags  cosmos ethereum guides kusama polkadot

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...

Nov 25 2022

What is Curve Finance?: The Stablecoin Liquidity Protocol

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...

What is Ampleforth?: The Stablecoin With Elastic Supply

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...

Nov 05 2022

[Updated] What is Polygon (MATIC)? A Guide on the Ethereum Layer Two Solution

Nov 05 2022 Published at CoinCentral under tags  ethereum guides matic polygon

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....

Oct 21 2022

Pastel Co-Founder Anthony Georgiades on the SmartMint Launch

Oct 21 2022 Published at CoinCentral under tags  articles nft pastel network

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...

Oct 20 2022

Top 10 Blockchain Oracles in 2022: Which Oracles are Dominating the Market?

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...

What Are the Different Types of ERC Token Standard?: ERC-20, ERC-1155, and More

Oct 20 2022 Published at CoinCentral under tags  erc20 erc20 tokens erc-721 guides

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....

Top 10 Enterprise Blockchain Platforms to Consider in 2022

Oct 20 2022 Published at CoinCentral under tags  blockchain enterprise adoption guides web3

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...

What is Balancer (BAL)? Exploring one of DeFi’s Largest Automated Market Makers

Oct 20 2022 Published at CoinCentral under tags  amm balancer defi guides

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:...

Sep 30 2022

What is Solana (SOL)? Explaining one of the Fastest Layer-1s

Sep 30 2022 Published at CoinCentral under tags  ethereum guides solana

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 Review 2022 – Features, Pros and Cons

Sep 30 2022 Published at CoinCentral under tags  cryptocurrency exchange guides huobi

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...

Sep 15 2022

The Best NFT Evaluation Tools you Need in 2022

Sep 15 2022 Published at CoinCentral under tags  guides nft nft evaluation tools

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...

What Factors Decide The Price Of Bitcoin? Demand, Production, & Media

Sep 15 2022 Published at CoinCentral under tags  articles bitcoin bitcoin price

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...

Sep 06 2022

What Are the Best Ways to Buy Crypto in 2022?

Sep 06 2022 Published at CoinCentral under tags  buy bitcoin guides how to

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...

5 Celsius Network Alternatives: Finding Safe Investment Alternatives

Sep 06 2022 Published at CoinCentral under tags  articles gemini lido nexo uphold

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...

Aug 30 2022

Deribit Exchange Review 2022 – Fees, Cryptos Supported, and More

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,...

What is Impermanent Loss: How To Decrease Its Risk

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...

AVAX Price Analysis 2022: Is It a Good Time to Buy AVAX?

Aug 30 2022 Published at CoinCentral under tags  articles avax layer 1

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...

Aug 29 2022

What is Avalanche (AVAX)? Exploring Crypto’s Fastest L1 Blockchain

Aug 29 2022 Published at CoinCentral under tags  avalanche avax guides layer1

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...