Decentralized Applications (dApp, Dapp, or DApp) are designed as open-source projects that run on top of a blockchain network. The distributed nature of these networks provides users with transparency, decentralization, and resistance to attacks….
Memecoins are a type of cryptocurrency that has gained popularity due to their association with internet memes and online communities. Inspired by the success of cryptocurrencies such as Bitcoin and Ethereum,…
Altcoin (alternative coin) is a term that refers to any cryptocurrency created after Bitcoin — the first cryptocurrency (October 2008). The name comes from the fact that it is an…
Stablecoins are cryptocurrencies designed to minimize volatility by maintaining a peg to a “stable” asset or basket of assets. A stablecoin can be pegged to a cryptocurrency, fiat money, or to exchange-traded commodities…
A smart contract is a self-executing program that automates the actions required in an agreement or contract. Once completed, the transactions are trackable and irreversible. Smart…
Transaction fee is the amount of a specific cryptocurrency that users pay to facilitate and prioritize their transactions on a blockchain network. Unlike trading fees charged by cryptocurrency exchanges, transaction fees are usually paid…
Cryptocurrency (or crypto) is a digital asset designed to work as a medium of exchange using cryptography to secure transactions, control the creation of additional…
Proof of Liquidity (PoL) is an idea to utilize the Balancer pool to create a direct and positive relationship between staking and liquidity. It is in the nature of…
Proof of Authority (PoA) is a consensus system that allows only authorized entities to validate transactions in a blockchain network. PoA is an alternative consensus mechanism, that relies on…
Proof-of-History (PoH) is a consensus mechanism that uses a cryptographic algorithm to verify the passage of time in a blockchain network. A blockchain with a Proof-of-History (PoH) protocol employs a…