Guides

Trade mining is a feature in the DeFi space that continues to gain popularity. The concept combines the essence of yield farming with staking and mining in a unique way. As such, it enables users to secure passive rewards securely and in a stress-free manner. What is Trade Mining Trade mining systems operate as incentivization protocols for exchange users. Trade mining tokens mint every time a person conducts a transaction on a participating DEX (decentralized exchange). Like mining, these tokens…

Cardano is among the fastest-growing cryptocurrencies and a groundbreaking proof-of-stake blockchain network based on peer-to-peer academic research. It is intended to be the platform of choice for all significant, mission-critical DApps supporting the world's future economy. Three unique organizations provide oversight to Cardano's development: Cardano Foundation, Emurgo, and IOHK. The Cardano Foundation is responsible for promoting Cardano and supervising its development, IOHK develops Cardano's technology, and Emurgo promotes commercial adoption. Let's look at Cardano's roadmap since its inception, then and…

The market price of the most popular crypto projects is over a dollar and is relatively expensive to most investors. Similarly, cryptos are valued under a dollar, where some possess features that make them stand out in the crypto market.  Here's a look at the most promising cryptocurrencies costing less than a dollar that you should consider buying in 2021. Algorand Algorand is a blockchain protocol whose functions aim at being decentralized, scalable and secure. Since its launch, Algorand has…

Bitcoin and Ethereum are considered the safest cryptocurrencies to invest in in the volatile market of the crypto space. However, let's face it, they're unlikely to pull off that legendary 100x growth move, given their massive market caps. This is why many investors seek "gems," new and underrated projects with massive growth potential.  Unfortunately, the current wild west of the market is much more frequently inhabited by "sh*tcoins" instead. So what is a sh*tcoin? Read more to find out. Sh*tcoin…

For a long time, precious metals have been a haven for many investors. Gold, for instance, presents an anti-inflationary store of wealth and investment option since it's deemed to be always appreciating. Well, that's inarguably true, but the real problem is the accessibility and handling of the precious metal. Its high value raises significant security concerns, plus intermediaries in conventional markets always skyrocket the cost an investor has to pay for a gold bar. Luckily, blockchain technology is carving a…

In April 2021, Michael Morell, an EX-CIA director, ruled out the idea that Bitcoin and crypto are major ways for criminals to conduct illegal transactions. Instead, the main reason is that Bitcoin and the crypto world are too transparent for criminals to conduct their activities.   More or less, despite the numerous negative notions that people have towards crypto, the features of its tech are surprisingly integral in the fight against fraudulent activities in society. This guide will look into five…

If you live outside the cryptocurrency and blockchain realm, it can be hard to understand the latest terminologies hitting the headlines and news feeds. However, the dollar amount mentioned alongside the terminologies will likely be more surprising and eye-catching simultaneously. For example, how can a virtual creation of an artwork file sell for close to $70 million?! Well, that’s the amount the highest bidder was willing to pay for an NFT on Christie’s auction a few months ago. NFT is…

Termed an Ethereum killer, Cardano is a proof-of-stake (PoS) blockchain platform that integrates pioneering technologies to offer uncompromised security and sustainability to decentralized applications, systems, and communities.  Cardano claims that it's the only blockchain project to be founded on the grounds of scientific peer-reviewed research and developed via evidence-based methods. Furthermore, the Cardano network is powered by ADA cryptocurrency, dubbed the only crypto employing a scientific philosophy and research-driven approach.  Cardano's founder Charles Hoskinson claims that cryptocurrencies, including Cardano, are…

Smart contracts were introduced in 2015 with the introduction of the Ethereum network. Their role was to digitize and tokenize financial and non-financial services like payments, trading, etc. Signing contracts is highly simplified through smart contracts, only following the blockchain.  Primarily, smart contracts are not bound by a particular jurisdiction; therefore, they can operate on a global level.    However, one problem with making smart contracts is that they cannot access off-chain data. Instead, hybrid contracts can work with data already…