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Author: CryptoPress

Ethereum Berlin

Ethereum Berlin

Ethereum takes another step towards 2.0 with the Berlin fork The Ethereum project recently deployed the Berlin fork. Berlin aims to solve some of Ethereum’s growth problems and make scaling easier than ever. This is an important step in the development of the Ethereum network. What is Berlin Hard Fork on Ethereum? The Ethereum Berlin is a hard fork. Its objective is to solve various problems...

Ethereum, Featured

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SAFU

(Secure Asset Fund for Users) This ensures that an emergency fund is held to safeguard all funds that have been deposited. In the case of a hack or other event resulting in the destruction of user properties, this money will be used to reimburse investors. SAFU has become a security standard that aims to balance the volatility and exposure that the cryptocurrency world has to the risk of losing assets. Various cryptocurrency...

Glossary

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What is behind the Dogecoin boom

What is behind the Dogecoin boom?

The Dogecoin phenomenon is not something that could have happened without the support of its dedicated community, coders, investors, and pioneering sellers. All of those contributions came together to make this new type of cryptocurrency come to life as we know it today. Who Is Behind Dogecoin? The origin of Dogecoin’s development is a mystery that has been heavily debated by members of the community. Initially, Dogecoin’s source code...

Cryptocurrencies

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An Initial DEX Offering or IDO (Initial DEX Offering) is the start of a decentralized exchange (DEX).

IDO (Initial DEX offering)

An Initial DEX Offering or IDO (Initial DEX Offering) is the start of a decentralized exchange (DEX). In an IDO, a blockchain initiative makes the first public appearance of coins in DEX to collect funds from institutional investors. IDOs are a type of fundraising in which a project launches a cryptocurrency or token on a decentralized exchange (DEX). It is intended to raise funds and money to start a project and allow...

Glossary

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Flash Loans

Flash loans are a form of Decentralized Finance’s (DeFi) loans that are quickly executed and do not need collateral. These flash loans are possible because of the way data is recorded on the Ethereum network. The flash loan is effectively reversed if the principal and interest are not returned within one Ethereum transaction. Flash loans are a creative and useful platform for arbitrage and fast transactions that weren’t feasible...

Ethereum, Glossary

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