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What is Hedera Hashgraph and the Purpose of HBAR?
What Is Hedera Hashgraph? HBAR is the native token of the Hedera Hashgraph network, a publicly distributed ledger and governing body created by Leemon Baird and Mance Harm. Hedera Hashgrah raised over $124 million by selling its tokens through a form of security known as a simple agreement for future... Read More
What Is UNUS SED LEO (LEO) Cryptocurrency?
UNUS SED LEO (LEO) launched in May 2019. It is a utility token designed to extend the capabilities of and was created by iFinex, the parent company of Bitfinex. Some think it was created to help deal with some of the issues associated with Tether. LEO was created to help Bitfinex... Read More
Bitcoin on Ethereum: What Is Wrapped Bitcoin (WBTC)?
Wrapped Bitcoin (WBTC) is a joint venture between BitGo, Kyber Network, Ren, and several other big fintech companies. It was created to be a new token capable of combining all the strengths of two dominant blockchain technologies, Bitcoin and Ethereum. As a result of this project, WBTC debuted on the... Read More
What Is DAI? Unlock the Power of Decentralized Stablecoins
What Is DAI? DAI is a cryptocurrency launched back in 2017 on the Maker Protocol as a stable lending asset for investors around the globe. Originally maintained and created by Rune Christensen and the Maker foundation in 2014 as an open-source project, the protocol’s governance was transferred to MakerDAO, a decentralized autonomous... Read More
What is Avalanche, and How Does AVAX Work?
What is Avalanche? Avalanche (AVAX) is a decentralized application network that operates similarly to Polkadot. The technology allows developers to deploy blockchains that meet certain requirements and can interoperate with other blockchains to create a comprehensive ecosystem. What is the AVAX Token? AVAX is the network’s native token. It has a... Read More
What is Polkadot (DOT)? Knowing Is Paramount
What Is Polkadot? Polkadot (DOT) is a multi-chain environment that connects other blockchain platforms. Instead of being limited to a single blockchain, like Ethereum, Polkadot allows users to operate on multiple chains, and take advantage of a wider liquidity environment. Every blockchain has something to offer, but interoperability is an... Read More
What is Solana? How Does SOL Work?
What Is Solana? After being introduced in late 2017, the single-chain protocol Solana (SOL) has been on a mission to solve the scaling mathematics and problem of time in distributed systems. The high-performance blockchain is estimated to boost its transactions up to 710 thousand per second without data partitioning. In... Read More
What Is OKB, and Its OKEx Use Case?
What Is OKB? OKB all began in 2013 when Chinese investor – Star Xu – created the cryptocurrency exchange OKChain with the aim of conquering the Chinese crypto trading market. One year later, Xu released OKEx – a digital asset exchange platform, which is now one of the longest-standing exchange... Read More
What Is Polygon (MATIC), and What Is Its Purpose?
What Is Polygon (MATIC)? Polygon is the official rebranded name of Matic Network. Polygon (MATIC) is one of the first well-structured scalable solutions for sidechains on public blockchains. Utilizing Plasma technology, Polygon provides scalability while maintaining user experience, system security, and decentralization. In addition, the Polygon upgrade promises to raise... Read More
What Is Cardano (ADA) and How Does It Work?
Cardano (ADA) is a public blockchain and a cryptocurrency designed to act as digital cash. The Cardano platform was created to protect the privacy of users while remaining friendly with the regulatory environment. It has become one of the most valuable blockchain tokens globally. The project was founded in 2017... Read More