Crypto

Crypto or Cryptocurrency is a digital currency secured by cryptography. The word “Crypto” is derived from various cryptographic encryption techniques used to secure the network, such as public-private key pairs and hashing functions.

Cryptocurrencies are decentralized networks managed by peer-to-peer networks of computers running open-source software based on blockchain technology. Any central authority does not control or issue cryptocurrencies. This decentralized structure enables them to exist outside the control of governments, central authorities, and manipulation.

What is a Consensus Mechanism in Blockchain and What are the Types of Consensus Mechanisms?

Blockchains and their consensus mechanisms have the potential to revolutionize various industries by providing secure, transparent, and decentralized systems for data management and transactions. The consensus mechanism used by a blockchain plays a crucial role in ensuring its security, scalability, and decentralization.

What is ApeCoin (APE) and the APE Ecosystem?

ApeCoin is a cryptocurrency that functions as the native and utility token of the Bored Ape Yacht Club (BAYC) ecosystem, as well as the governance token of the ApeCoinDAO.

What is Yield Farming in Decentralized Finance (DeFi)

What is Yield Farming? The Future of Passive Income in Crypto?

Yield farming, also known as liquidity mining, enables users to earn rewards with their cryptocurrency holdings by providing liquidity to decentralized finance (DeFi) platforms.

The fall of crypto-friendly banks: What it means for the crypto sector

The past week saw the downfall of three crypto-friendly financial institutions - Silvergate, Silicon Valley Bank, and Signature - that played a crucial role in facilitating fiat on-ramps for digital asset exchanges

Privacy blockchain platform Aztec to shut down Aztec Connect

Aztec Network, a privacy-focused blockchain platform, has announced the discontinuation of its ZK-Rollup network, Aztec Connect, which serves as the encryption layer for Ethereum.

Okcoin suspends USD deposits following Signature Bank Closure

Okcoin, a US-based cryptocurrency exchange, has temporarily suspended USD deposits in response to the closure of its primary partner for customer transactions in dollars, Signature Bank.

What is the Ethereum Shanghai upgrade?

The upcoming Ethereum Shanghai upgrade, also known as the Ethereum Shanghai fork, aims to provide a solution for ETH stakers to retrieve their staked funds as validators.

What is Zero Knowledge Proof?

A zero-knowledge proof is a method by which one party (the prover) can prove to another party (the verifier) that a statement is true, without revealing any additional information beyond the fact that the statement is indeed true.

What is Ripple (XRP)?

Ripple is a real-time currency exchange, and remittance network created by Ripple Labs. Ripple is a digital payment protocol for financial transactions, while XRP is the native currency of the Ripple network and is used to facilitate transactions on the network.

What is Lightning Network?

The Lightning Network is a layer-2 payment protocol that operates on top of a blockchain-based cryptocurrency, such as Bitcoin or Litecoin. It is designed to solve several problems with traditional blockchain transactions, including slow transaction speeds and high fees.