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…
Non-fungible token (NFT) is a type of cryptographic token on a blockchain that represents a unique asset. These can either be entirely digital assets or tokenized versions of real-world…
Decentralized Finance (DeFi) is the concept of a decentralized financial system where there are open and decentralized alternatives to the closed centralized financial system. DeFi dapps and protocols use technologies…
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…
Trading fee is a commission charged by a cryptocurrency exchange for the purchase or sale of cryptocurrencies. Trading fees are typically expressed as a percentage of the transaction…
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…