Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Blockchain Protocol
Blockchain Protocol: Everything You Need to Know
The world is increasingly switching to cryptocurrencies as a means of trade. For those familiar with cryptocurrencies, terms like decentralized currency or blockchain protocols are more common. Protocols, as used in computers, are the rules governing data exchange between devices. This article shall expound more on the protocol terminology used in blockchain and, thus, cryptocurrencies. Definition of Blockchain Protocols First, a Blockchain is a decentralized public ledger system that stores information about a transaction, its participants, and the specific data…
5 years ago