What is Solana (SOL)? Solana is an open source project implementing a new, high-performance, permissionless blockchain. The Solana Foundation is based in Geneva, Switzerland and maintains the open source project. Solana is built on top of 8 building blocks, which they call ‘innovations.' What is a SOL token? A SOL is the name of Solana's
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What is Chainlink (LINK)? Chainlink is a decentralized oracle network that provides data to smart contracts on the blockchain. Its token is Ethereum (ERC-677) based and has technology that delivers price feeds into various decentralized finance applications. Link aims to curb dishonest centralized data-feed providers by using a distributed network of nodes to verify data
What is Uniswap (UNI)? Uniswap is a decentralized finance protocol that is used to exchange cryptocurrencies. Uniswap is also the name of the company that initially built the Uniswap protocol. The protocol facilitates automated transactions between cryptocurrency tokens on the Ethereum blockchain through the use of smart contracts. As of October 2020, Uniswap was estimated
What is Internet Computer (ICP)? The Internet Computer extends the functionality of the public Internet so that it can host backend software, transforming it into a global compute platform. Using the Internet Computer, developers can create websites, enterprise IT systems and internet services by installing their code directly on the public Internet and dispense with
What is Polkadot (DOT)? Polkadot is a scalable heterogeneous multi-chain. Polkadot allows new designs of blockchains to communicate and pool their security while still allowing them to have the entirely arbitrary state-transition functions. Polkadot is a network that connects blockchains. Provides a framework under which new blockchains may be created and to which the existing
What is Tether (USDT)? Tether (USDT) is a cryptocurrency that was designed to have a 1:1 exchange rate with the U.S. dollar (USD) in order to make it easier to liquidate cryptocurrencies like bitcoin or buy cryptocurrencies with fiat currency. Tether Ltd., the company that created and issues Tether, is controlled by the people who
What is Binance Coin? Binance Coin (BNB) is an ERC20 token issued on the Ethereum blockchain by the popular cryptocurrency exchange Binance. With this cryptocurrency, you can pay a сommission for transactions on the exchange. And if you decide to do so, you will receive additional discounts. In the first year, you will be able
What is Shiba Inu Token? Shiba Inu (SHIB), also known as Shiba Token, is a decentralized cryptocurrency created in August 2020 by an anonymous person known as “Ryoshi”. The token dubbed the “DOGE killer”, was modeled after Dogecoin and has a market capitalization of over $7 billion as of May 2021. The token's price is
Cryptocurrency again made its way into the center of media attention in 2021 with popular cryptocurrencies like Bitcoin and Ethereum hitting all-time highs of $40,000+ and $1,300, respectively, completely blowing past their previous all-time highs ($19,783 for Bitcoin in 2017). The state of crypto feels very similar to when crypto was first made popular and
You may have heard of the crazy new headlines that Bitcoin has surpassed and reached all-time highs of $33,000 per Bitcoin and maybe curious as to which is the best cryptocurrency exchange to purchase crypto with the lowest fees to hold for future investment growth. There have been hundreds if not dozens of cryptocurrency exchanges
For those who are just getting into cryptocurrency, you may have heard of the craze that Bitcoin has beat its all-time high and is now valued at over $23,500 per coin. You may be wondering how to buy popular cryptocurrencies like Bitcoin, Ethereum, or Ripple on trustworthy exchanges like Crypto.com. As a result, today's tutorial
If you aren't familiar with cryptocurrency and blockchain, the industry has become very interesting with the introduction of stable coins and the ability to earn rewards up to 12% APY on staked coins, especially with proof of stake around the corner too. If you haven't been within the loop, no worries. By the end of
What is Crypto.com? Crypto.com is a cryptocurrency wallet app and platform that allows you to buy, sell, send, and track cryptocurrencies. The platform is pioneering how consumers use cryptocurrency with some of its innovative products such as the MCO Visa Credit Card with up to 8% back on all spending categories and the ability to
The turbulent nature of cryptocurrencies has left many people wondering whether investing in Bitcoin is worth it or not. Between its crazy upswings and unexpected price drops, the digital currency has managed to gain worldwide recognition, leading cryptocurrencies into mainstream adoption. For many speculators, however, worldwide adoption of Bitcoin can only happen if merchants start
In 2008, Bitcoin entered the post-financial crisis market with a gleaming promise of revolutionizing the finance world as we knew it. Built on the desire to modernize conventional banking institutions and change the economics of the internet, it rose to success and eventually ran on a 17-fold price increase throughout 2017. At its peak, a
What is Bitcoin Gold? The latest (October 26, 2017) of Bitcoin’s hard forks, Bitcoin Gold (BTG) is not a favorite in the crypto community, despite its seemingly laudable goal of making sure Bitcoin can’t be taken over by companies running huge mining computers. There are no obvious problems with the tech itself, and BTG is
What is Ethereum Classic? Ethereum Classic (ETC) is to Ethereum as Bitcoin Cash is to Bitcoin—the product of an intense practical and philosophical disagreement within the crypto community. In most respects, it is identical to Ethereum, though this will become less true over time as the two currencies continue to pursue different development goals after
What is Bitcoin Cash? One of the most controversial events in crypto history was the “hard fork” that created Bitcoin Cash (BCH) from the base Bitcoin blockchain in August of 2017. Scalability has been one of Bitcoin’s biggest challenges, with transaction fees and times skyrocketing as the network is put under more and more strain.
What is Ethereum? If Bitcoin was the template for the first generation of cryptocurrencies, Ethereum (ETH) is the template for the second. While Bitcoin and many of the coins it inspired are primarily used as money, Ethereum and its crypto offshoots see this as function as secondary to the main goal: putting the whole world
What is Basic Attention Token? The phrase “attention economy” may sound as if it belongs in a Black Mirror episode, but like it or not, it is what fuels the internet. The single best way to monetize online content is advertising, which can slow down load times, eat up a surprising amount of mobile data,
What is TRON? Digital media has almost completely replaced physical media, and while this is a welcome revolution in terms of convenience and efficiency, it can possibly be centralized and censored even more easily. TRON (TRX) is a cryptocurrency that claims to offer a solution: a decentralized digital media platform capable of connecting creators and
What is Ripple? Banking technology seems to be moving forward at a snail’s pace compared to other fields. In an age where almost anything is just a few clicks away, money transfers still take days, and exchanging between currencies is even more of a headache. Ripple (XRP) aims to fix that by main transfers nearly
What is Bitcoin? Blockchains as we know them are still less than a decade old. Bitcoin (BTC) popped up in 2009, two whole years after the first modern smartphone, but, like the smartphone, its breakneck rate of progress and fast worldwide adoption make it feel like it’s been around a lot longer. Some already see
What is Steem? Steem is a blockchain which enables users to reward content creators for quality content posted on the Steem social media site. It has tokens and can be traded on exchanges, but rather than being mined, it is given out according to activity on this website. The whole project can be thought of
This infographic on Bitcoin has long been overdue because I've been meaning to do one on the founder of all cryptocurrencies. I came across some interesting stories on the web about Bitcoin why I figured why not compile them into a fun graphic just cause? Anyhow, I hope you guys enjoy the graphic. If you
I thought I'd do another infographic for Ethereum seeing how much people like them. I know the title for the infographic is a bit sensationalist, but it was intentional to poke some good fun at crypto memes, jokes and puns on the cryptocurrency that sort of started all the “to the moon” memes. But in
What is Bitshares? Many cryptocurrencies are targeted at improving aspects of the current financial system—payments, contracts, speed, privacy—but Bitshares (BTS) aims to have it all: a universal asset exchange equivalent to something like the NASDAQ, a price-stable cryptocurrency, a lightning-fast transaction network, a corporate finance platform, and more. Bitshares has a lot of complex layers,
What is Bytecoin? Though it has recently experienced a resurgence of interest, Bytecoin (BCN) has been largely stuck on the sidelines since its creation in 2012. Nonetheless, it is one of the earliest cryptocurrencies developed and is the first to be based on the Cryptonote protocol—a technology also used by its more successful heir, Monero.
What is Siacoin? Data stored in the cloud generally heads straight to one of a few big companies that put it on machines in a few big warehouses. Siacoin (SC), on the other hand, is one of several cryptocurrencies that plans to make the cloud much more cloud-like by taking your data, encrypting it, splitting
It has been a while since I've posted about Ripple XRP. The last time I posted about Ripple XRP was January 6, 2018 on the piece called Why I am Bullish on Ripple XRP Solving the Cross-Border Payments Problem. Rest assured, I am still a Ripple supporter as much as the next guy. In light