defi
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List of Countries That Accept Bitcoin and Other Cryptocurrencies
In September 2021, El Salvador officially recognized Bitcoin as a legal tender and required all local businesses to accept Bitcoin payments. The government released a Bitcoin wallet to accelerate adoption and proposed a $30 bonus in BTC and a gas fee...
Tech Planet Author · 12 May 2023 · 816
Exploring the Consensus Mechanism of Blockchain Technology
In blockchain, all network users (nodes) are equal and can influence the system's work as it ensures decentralization. However, nodes should agree on how to control the network, what transactions are valid and perform their roles honestly. Consensus...
Tech Planet Author · 25 July 2023 · 377
3 Exciting DeFi projects for 2021
As most of you will know, DeFi stands for Decentralized Finance, and it is a fast growing sector of the crypto market. Some of the most popular DeFi projects are those that have been operating on the Ethereum blockchain for the past few years, like M...
Jacob Enderson · 18 May 2021 · 425
What is Yearn Finance? YFI Token and Yearn Finance Explained
YeeFI, Wi-Fi or Wifey? When you think of DeFi, one project that surely captures the entire movement, in essence, is Yearn. At one point it was the hottest project in town, and Yearn’s token $YFI made headlines for beating Bitcoin with an all-time hig...
Den W. · 04 February 2021 · 321
Polygon Matic Coin
Ethereum has a scaling problem. With increasing demand and congestion, simple transactions are costing an average fee of above $20, with more complicated transactions nearer to $100. And the fees are starting to price the average person out. P...
Alex · 10 May 2021 · 290
Wallstreetbets DAO, Uniswap v3, and Dogecoin news
It’s a spicy week in the crypto markets with ETH trading above $3,400. Why is that price such a big deal? Well, I went back and looked at the market for ETH last May and it might be hard to believe but you could buy an entire coin for just $200...
Den W. · 08 May 2021 · 264
Crypto News: Ethereum, Dogecoin, Cardano, UMA - Crypto Rockets!
Green is the color of the week in crypto and it’s not only because “orange coin go up” In fact we’ve seen a few new all-time highs from the denzians of the top 10 led by none other than Ethereum. It certainly looks like we&...
Alex · 06 February 2021 · 259
What is Tron TRX? Tron coin 2021 Update
The founder of Tron TRX paying to have lunch with Warren Buffet Tesla car giveaways. The late NBA superstar Kobe Bryant speaking at a Tron crypto conference. These are just some of the flashy headlines Tron has made over the years. It’s one of...
Alex · 06 January 2021 · 237
NEO Coin & NEO 3.0 Explained
Do you want the blue pill or the red pill? Or how about a green NEO coin? Let’s enter the Neo matrix and have the truth about the Neo cryptocurrency explained. Neo is an “OG” coin from 2014, formerly known as Antshares. It&rs...
Jacob Enderson · 08 May 2021 · 236
WHAT IS AAVE?
Named after the Finnish word for ‘ghost’, Aave is a key pillar of the DeFi or decentralized finance space focused on creating an open and transparent peer-2-peer lending and borrowing money market. So, Let’s...
Alex · 3 years ago · 191
MakerDAO Explained: Maker Coin MKR & DAI stablecoin
Those of you who have been involved in cryptocurrency since late 2018 will likely have seen how the DeFi industry has grown from an experimental corner of the crypto world, to the huge and complex ecosystem t...
Den W. · 16 February 2021 · 163
What is Terra LUNA? Terra blockchain LUNA crypto explained
NFTs, DeFi and Stablecoins, have all been blowing up in popularity which is great! But it means the Layer 1 blockchains, which provide the underlying architecture for all of these applications, have recently been booming in price. A good Layer 1 blo...
Kelly · 10 December 2021 · 174
Crypto News: Bitcoin Flips Visa and Mastercard, Polkadot Flips Bitcoin Cash
The word “anti-fragile” gets thrown around a lot these days. You hear it in podcasts, on the news and in articles. It’s a popular word but if you pay attention you’ll notice that it often gets misused. Used correctly, an...
Den W. · 02 January 2021 · 144
Crypto News: Is the bull market back? Bitcoin vs Ethereum price
For the first time in months, the markets are positive and sentiment is good. Bitcoin is up more than 30% from last week, and Ethereum is doing even better. In other news, DeFi adoption is going parabolic, senator Elizabeth Warren has reaffirmed that...
Den W. · 31 July 2021 · 86
Ethereum projects building on Solana SOL (GRT, LINK, AUDIO, USDC)
What does a data indexing protocol, an audio streaming service and an oracle all have in common? They’re all cryptocurrency projects that began on Ethereum and then expanded onto the Solana blockchain!...
Jacob Enderson · 2 years ago · 101
Chainlink Explained: What is Chainlink Crypto?
In the last 2 years, Chainlink has become one of the most popular projects in the entire crypto ecosystem, with a large community of followers that hodl the native LINK token in much the same way that prepper...
Alex · 24 February 2021 · 74