Despite the hype of the cryptocurrency space, most significant cryptocurrencies failed to enter the year with much of a head of steam. As 2021 drew close, most cryptos were stalled and showed their vulnerability to swings in sentiment and cyclical trends. Inflation became a prominent driver in the market, and the year 2022 served as...
What is Compound Crypto? Unlike the traditional banking system, Compound is a decentralized lending network that eliminates the need for a bank or intermediary organization. The platform allows users to earn interest on loans by putting up 100 percent of their borrow value in a supported asset. The system then liquidates some of the collateral to...
Amp Crypto - What Are the Benefits of Amp Crypto? AMP is a cryptocurrency that enables users to transact assets with ease. This system offers a streamlined interface, and users can collateralize assets without leaving their original address. Amp has also been designed to provide near real-time transactions and collateralization. It is scalable to the needs...
What Is ICP Crypto? ICP is a blockchain project that will allow anyone to build and operate their internet services. The ICP token acts as a source of value for the network. The network uses "cycles" as fuel. Each cycle is converted to ICP by the NNS at a variable rate, continuously configured on external markets....
Algo Crypto - What is Algo Crypto? An algorithm is a code that can solve a complex problem. One such algorithm is the ALGO. Its developers created two layers: Layer 1 and the off-chain layer. In layer 1, all the transactions take place on the chain, while the network handles on-chain transactions. The off-chain layer executes...
Sol Crypto - Who's Behind Solana? The Solana cryptocurrency has recently risen to the top of the cryptocurrency market based on its fundamentals and historical data. Currently, SOL is trading at $94.50 and has climbed to $4.40 by January 2022. The price is presently leveling off at around $40. But who's behind Solana? Let's take a...
What is Polkadot Crypto? The next-generation blockchain has begun to emerge, and Polkadot is one of the most promising candidates. The cryptocurrency was launched just over a year ago, in May of last year. It is similar to Bitcoin in that it facilitates the transfer of value without a central authority, but it is more flexible....
What is VeChain?(Vet) What is vet crypto? It's a cryptocurrency created by Renault, and it is a decentralized digital asset that uses distributed ledger technology to track products. The VeChain ecosystem allows consumers and retailers to track product quality and authenticity through its network. But that was just the beginning of the story. The future of...
What is the Graph Crypto? The graph network is an open-source blockchain with decentralized governance. Its system of nodes is run by indexers, which compete to provide the best service in the market. Curators organize and classify the data they collect to improve the network. Delegators secure the network indirectly by delegating GRT coins to Indexers....
BAT is a cryptocurrency that rewards users for engaging with ads on websites. This type of crypto is built on the Ethereum blockchain, a public platform that allows developers to create custom cryptocurrencies and applications. Various cryptocurrency exchanges also support this type of crypto. The BAT cryptocurrency is set to become the next Google. The main...
