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Tag: Featured

What is a DEX?

What is a decentralized exchange (DEX)?

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A decentralized exchange (DEX) is a platform that allows users to trade cryptocurrencies without the need for intermediaries, such as a central authority or third party. These exchanges are built on blockchain technology and give their users a safer and more open place to trade.  A DEX is a peer-to-peer marketplace where transactions occur directly between crypto traders. It lets people do financial transactions without having to...

Blockchain, Cryptocurrencies, DEX, Exchanges, Featured, Glossary

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Bitcoin Ordinals

Ordinals: exploring the Risks and Opportunities of NFTs on Bitcoin

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NFTs in Bitcoin? who knew? But non-fungible tokens (NFTs) are all the rage in the crypto world, and now Bitcoin is joining the party. The Ordinals project, which started in January, lets digital content be written on Bitcoin’s blockchain. This makes the blockchain a platform for NFTs. The move has started a heated discussion about the pros and cons of these inscriptions in the Bitcoin community. What are the Ordinals? The Ordinals...

Bitcoin, Blockchain, Featured, NFTs

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Ethereum Shanghai

What is the “Shanghai Upgrade” for Ethereum?

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The Ethereum 2.0 launch is quickly approaching, and the development team has announced that the next stage of the launch, known as the “Shanghai” phase, is due to begin on March 31, 2023. Right now, users can’t get their Ethereum back if they’ve staked it. Shanghai is adding a way for them to do this, which will mostly help people who sent their ETH before PoS was set up in September. The launch of the “Shanghai”...

Cryptocurrencies, Ethereum, Featured, Front page, Main

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Proof of reserves PoR

What is Proof of Reserves (PoR)?

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Proof of Reserves (PoR) is a method that exchanges use to show that they hold assets like cryptocurrencies and fiat cash. This is important for exchanges because it allows customers to verify that the exchange has the assets it claims to have, which helps to build trust and confidence in the exchange. It is an auditing technique that is provable using cryptographic proofs, checks of public wallet ownership, and recurrent audits to verify...

Exchanges, Featured, Glossary

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crypto whale

What Is a crypto whale?

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“Whale” is a word used to describe investors with an enormous amount of cryptocurrency, especially those with enough money to affect the market. Individuals or organizations with substantial crypto holdings are called whales. Due to their immense riches, whales may influence the market. Sell barriers reduce the price of a coin, enabling whales to make inexpensive purchases. Buy barriers compel investors to increase the cost of...

Featured, Glossary

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