Glossary (105)

Shiba Inu and Dogecoin are two memecoins currently locked in a battle for dominance, with both seeking to be the main memecoin. Dogecoin, being the first, has an advantage, but Shiba Inu has rapidly grown in popularity. Both have relied on memes to survive and thrive. Dogecoin’s story is much longer

One of the main goals of blockchain technology is achieving interoperability. This is essential for the advancement of Web3, but it also allows other blockchains to access new features. The Flare Network serves as a prime example, as it provides smart contract functionality to chains that lack it. This

Liquid staking, also known as soft staking, is a more advanced form of traditional staking that is available on many new-generation smart contract protocols. With liquid staking, users can access their locked funds for other crypto-based activities while still earning rewards from their original deposit.Liquid

aelf is a fully decentralized layer 1 network that aims to leverage cloud computing technology to provide scalable blockchain solutions for businesses. aelf aims to provide a powerful and convenient blockchain network for commercial adoption using side chains, parallel processing and cross-chain communication.

Treasure is a community-governed ecosystem that serves as a bridge between different games, making it a decentralized metaverse game console. This concept is reflected in the name of its core platform, Bridgeworld. As the name suggests, it serves as a bridge between virtual worlds or games. The Treasure

Non-Fungible Tokens (NFTs) strongly disrupted the crypto industry after they went big in early 2021. They showed crypto users that they could prove ownership of practically anything. Whether digital or physical, you can own it simply by holding a corresponding digital token in a wallet. Since NFTs are

Within the sphere of Web3 and blockchain technology, non fungible tokens (NFTs) have seen a high level of growth. These tokens have allowed artists, musicians, and creatives to monetize their content like never before.From selling artworks for millions to selling tickets digitally, NFTs have become more

Polygon is an Ethereum-scaling and infrastructure development platform that has gathered a high level of popularity within the blockchain space. Its main goal is to improve scalability on Ethereum and enable quick, easy, and secure off-chain transactions. These are utilized by payment processors as well

Launched in August 2020, Serum is a first-of-its-kind order book based decentralized exchange that allows buyers and sellers to instantly trade cryptocurrencies on Solana at their specified price and nominal fees. SRM is Serum's native cryptocurrency used to pay fees on Serum and participate in its governance.

The cryptocurrency adoption rate is progressing rapidly, with more people turning to crypto assets every day. Digital assets offer countless benefits and improvements upon traditional financial systems, so this is nothing surprising or new. However, in order to switch to cryptocurrencies, one has to

For a while now, the crypto industry sought to provide as many financial services to its users as possible. In fact, it wishes to mirror the traditional financial industry and offer a better version of its financial products. Thanks to the decentralized finance (DeFi) sector, that now includes even things

ApeCoin (APE) is a cryptocurrency inspired by Bored Ape Yacht Club (BAYC) — one of the biggest NFTs in the blockchain industry. The non-fungible token collection attracted countless big players. Then, in March 2022, ApeCoin launched as a native cryptocurrency of the APE Foundation’s APE Ecosystem. The

In algorithmic trading (black-box trading), a computer program (an algorithm) executes a deal based on a predetermined set of guidelines. Algorithms can execute trades with a rate and regularity that would require more work for a human trader in theory.Investors of all levels can use algo orders. They

In traditional finance, a borrower must deposit collateral and pass credit checks before receiving a loan. However, with decentralized finance (DeFi), borrowers can access loans without providing collateral. This lending option is called a flash loan.Prominent DeFi protocol Aave offers one of the most

PumaPay is a blockchain-based, open-source billing protocol intended to make crypto payments flexible, fast, and straightforward. The project enables merchants to accept crypto payments as easily as traditional methods. Because PumaPay was developed around SDK and API, merchants can fully customize the

While many consider Status to be a web3 social network, the reality is far more impressive. So what is Status? Status (SNT) is a decentralized and fully open source application that offers users a suite of tools like instant peer-to-peer messaging, a convenient crypto wallet and a web3 browser. Status

Bitcoin Gold is an experimental fork of Bitcoin that aims to simplify and decentralize Bitcoin mining. Bitcoin Gold shares many of the same fundamental principles as Bitcoin, like a finite supply. However, the project differentiates itself from Bitcoin by implementing a unique equihash proof-of-work

Wrapped ETher (WETH) is essentially a version of Ether (ETH) but differs in numerous ways. If you are curious what is Wrapped Ether, we will be going over that now.WETH can be used on various platforms and decentralized applications (dApps) that support the ERC-20 token standard. WETH is pegged to ETH

Siacoin is a decentralized cloud storage solution based on blockchain and cryptographic technology. Through Siacoin, anyone can store data on the blockchain without compromising their identity and data privacy. Siacoin was created by developers David Vorick and Luke Champine back in 2013 to be the backbone

Compound is a decentralized protocol designed to provide loan services to crypto holders. The goal is to enable a trustless and transparent means of borrowing and lending cryptocurrencies. In this article, we’ll go over what is Compound Finance and how they’re trying to revolutionize traditional