Guides

Staking on aelf may Bring You Dividends with an APY of 7,639%

aelf is one of the fastest developing blockchains in the crypto space. Recently, the team revised its bonus mechanism to better incentivize nodes to participate in the aelf ecosystem. The event exceeded all expectations, including the developers' outlook, after the staking APY reached 7,639%. Today, we take a closer look at the staking mechanism on aelf and how you can profit from it. How Does the aelf Vote Mechanism Work? aelf is an open-source blockchain that aims to support the…

Top 5 Multi-Blockchain Explorers to Check Out

Blockchain explorers are a critical component of the decentralized ecosystem. These protocols enable users to search for a particular piece of information on the blockchain, such as a transaction or wallet balance. Blockchain explorers have come a long way since crypto's early days. Here are the top 5 multi-blockchain explorers to check out. Blockchain  Blockchain offers more options and networks than Blockchain.com. The network enables users to search across 17 different blockchains from the convenience of one easy-to-navigate explorer. Users save time…

Can You Gamble with Crypto in Las Vegas?

Las Vegas is best known for gambling, with an enormous concentration of world-class casinos and hotels. This entertainment hub, situated in Nevada, attracts thousands of tourists worldwide to experience glamour and gambling life. Following the massive growth of Bitcoin in recent years, Las Vegas has increasingly embraced it. Today, crypto has widespread use, especially as a mode of payment for dining, rent, cars, etc. Over fifty businesses in Las Vegas, Nevada, accept cryptocurrency as a mode of payment, pointing to the growing…

Cases of the Longest Bearish Price Trends in the Crypto Market

The crypto world's decade-long existence has not been flawless. Like in any other market, there is always a bear trend that leads to massive losses. The 2008 market crash is one of the biggest bear markets in the financial world. Also, others occurred in the following years.  Crypto has seen cases of long market crashes as well, some lasting over a year. This guide will be looking into 5 of the must-know crypto market crashes. Furthermore, it will highlight the…

Who will enter the CryptoSphere first: Amazon or Facebook?

Amazon and Facebook are some of the biggest technology companies globally. Furthermore, the two giant companies have substantially impacted billions of internet users. One did it through Facebook's pioneering and massively successful social media platform. Meanwhile, Amazon used its enormous e-commerce platform and cloud computing services to change the retail market forever.  Both Amazon and Facebook have made several steps in the cryptosphere. Also, they are both pushing for the adoption of cryptocurrencies and blockchain technology. In fact, both have been…

What Really Happens When Swapping Crypto?

The process of swapping crypto can be somewhat complex. Sometimes, you may end up lacking the exchange assets you need. For instance, you may want to exchange BTC for ZIL. Generally, there are very few exchanges that support direct BTC to ZIL exchanges. Therefore, in many scenarios, an individual will have to find a BTC trading pair. Exchange the BTC to another pair connected to ZIL, then complete by exchanging the second asset to Zil. Generally, following the whole exchange process involves two…

Could Brexit be the Underlying Reason for Developing The Digital Euro

After the election in December 2019, the British Parliament decided to ratify the withdrawal from the European Union. Factors that influenced Brexit included immigration, sovereignty, anti-establishment politics, among others. Could Brexit have influenced the development of the digital Euro? Read on to find out as we break down factors that led to the development of the digital currency. The Growth of Digital Assets The concept of digital assets is not novel; its penetration and influence have left no stone unturned. The 2008…

What Are Crypto Validators and How do They Work?

Crypto Validators are new "payment processors" in decentralized networks, and as such, they produce blockchain rewards. It sounds simple, doesn’t it? However, the definition of validators in crypto is much more complex than that. Also, the role of a validator may change depending on the consensus mechanism that each blockchain uses. In this guide to validators in blockchain, we take a closer look at this entity and its indispensable role. Furthermore, we analyze four validator use cases in different blockchains…

How Many ETH Will Burn After the London Fork?

Since its launch in July 2015, Ethereum has grown exponentially to be the second leading cryptocurrency in market value after Bitcoin. The platform’s growth has primarily been attributed to its smart contract feature, which powers the deployment of a wide range of applications, including oracles, decentralized finance (DeFi), decentralized exchanges (DApps), marketplaces, crypto-collectibles (NFTs), and developer tools.  Despite its growth, Ethereum faces numerous challenges that hinder its usability. The scalability challenge is one of the biggest ones that Ethereum faces. The current state…

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