Author: CryptoPress
By Angel Di Matteo
Although cryptocurrencies have opened up many new possibilities, one that is presently booming is Decentralized Finance (DeFi). Many of these protocols are in high demand due to the ability to securely multiply money, but not all of them have proposals that best benefit their users.
Consider AAVE, a decentralized lending system that provides interest via its liquidity pools. While his idea is novel and appealing to...
What is a DAO? (Decentralized Autonomous Organization)
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DAOs, or decentralized autonomous organizations, are a new way for businesses to function. DAOs have been called the “future of entrepreneurship” by Harvard Business Review, and many believe they’ll have enormous implications on how businesses will be run in the future. In layman’s terms, a DAO is a company that runs without any human interference — instead, it operates based on rules encoded in its software which...
Governance
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What is on-chain Governance?
Off-chain governance is a decentralized system for managing governance conflicts by allowing token stakeholders to vote on decisions that affect the network. This voting process is executed via appointed delegates instead of each node.
On-chain governance is a system for managing and implementing changes to cryptocurrency blockchains. In this type of governance, rules for instituting changes are...
Crypto SPACs Enter The Ecosystem
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Cryptocurrencies have reached the ecosystem of digital payments and finance. Through a small IPO, $200 million has been raised by Crypto 1, with this capital, the company plans to strengthen its presence in the crypto market and expand its offerings in that market.
Following the creation of its first Special Purpose Acquisition Company (SPAC), Crypto 1, one of the venture capital firms and asset managers in the cryptos-based industry, was...
Hard Fork
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A hard fork occurs when a blockchain “splits” into two independent blockchains that run in parallel, each having its own set of settings from the previous chain.
The hard forking destroys crypto-asset forward compatibility. As a result, even if the transaction history and parameters are identical before the hard fork, the history of both networks separates after the event, and any subsequent activity beyond the fork will not...




