How Elrond Makes Smart Contracts Function Seamlessly

The Internet and blockchain technology are the precursors for an age that supports virtual digital currencies. As the world becomes more digital, the need for technological advancement is eminent. Above all, centralization is an ownership problem that decentralized finance fixes. Elrond network is a highly secure, fast, efficient, and scalable blockchain platform for distributed apps. Its primary objective is to construct a transparent architecture for different economies. Additionally, it aims to have low latency and high bandwidth transactions. Most importantly,…

Could Solana be a Victim of a Pump and Dump Scheme?

The Solana (SOL) token has tripled its price in less than a month as the cryptocurrency market posted staggering losses. On Tuesday, a wave of selling pressure pummeled the prices of nearly every single coin. SOL is heading to better heights as many DApps, stablecoins, and DeFi projects build platforms on the network. The token now has a market value of over $51 billion, according to CoinGecko. Solana hit the news recently as among the fastest-growing cryptos this year as it…

A Brief Overview of Internet Computer (ICP)

Not many blockchain-based platforms have taken the world by storm in such a short time, but Internet Computer (ICP) seems to have crossed the threshold. As a disruptive technology, this protocol wants to alter the internet by injecting decentralization and reducing the effects of a few tech giants. The proprietary protocol that this platform uses to offer its innovations is the Internet Computer Protocol (ICP). With the tools that this ecosystem provides, developers can conveniently churn out dApps. Also, they can…

Binance (BNB) Becomes 3rd Largest Cryptocurrency and Dethrones Tether (USDT)

Binance native token BNB price reaches new heights and has just dethroned Tether to become the 3rd biggest cryptocurrency based on market cap. This surge in price is thanks to the rise of Binance Smart Chain (BSC) and other protocols of its ecosystem, such as PancakeSwap.  Binance Coin (BNB) Breaks All-time High Binance ecosystem utility token Binance Coin (BNB) has experienced a massive increase in price in recent weeks. In today's early hours, BNB set a new all-time high of…

A Guide to Quant Network: The Solution to Blockchain Interoperability?

As the number of new blockchains continues to surge, a glaring question appears: who will deliver a solution to blockchain interoperability? There are already some crypto projects like Band Protocol attempting to solve this age-old problem, but the answer may come from a project outside of the crypto space. Quant Network is a UK-based blockchain company that may have what it takes to support technologies and applications from different blockchains working together. What is Quant Network? Quant Network is a…

Dapps on EOS – The Best Decentralized Apps on the EOS Blockchain

A Brief Introduction to EOS The 9th largest by Market Cap, 7th largest by transaction volume, and apparently ranked 1st in project viability, EOS was formed by blockchain veteran Dan Larimer as a social smart contract platform. The EOS white paper, published in 2017, proposed the release of an open-source software system (EOS.IO) that would help entrepreneurs and app developers create DApps quickly and easily. The main benefits of future users were to include server hosting, cloud storage, and user authentication.…

A Brief History of Colored Coins – What Made them Special

The Origins of Colored Coins On the 4th of December, 2012, a paper was released by cryptographer, mathematician, and President of the Israeli Bitcoin Association, Mr. Meni Rosenfeld. The paper was titled “Overview of Colored Coins,” wherein Meni explained a mechanism to take advantage of Bitcoin's “fungibility” by segregating a certain number of coins from the rest for special purposes. Meni argued that adding “specialty” to coins by segregating them from the rest could help form niche applications within the…

DeFi vs. dApps: How do They Work and What’s The Difference?

Decentralized Finance (DeFi) and Decentralized Apps (dApps) are the two major innovations in the crypto space that leverage blockchain technology. These two innovations help eliminate third parties, otherwise known as centralization, and give users control over their finances.  Both DeFi and dApps are increasingly becoming common in the FINTECH industry as they provide users with data privacy and eliminate monitoring by government and regulatory authorities. DeFi, in particular, has been adopted by Nasdaq and is set to disrupt the traditional…

5 Blockchain Platforms That Will Dominate the Dapp Ecosystem in 2020

Decentralized applications (dApps) have brought a significant change in the field of blockchain tech. They are a new type of software application that does not undergo downtime and is not owned by any central authority.  In recent months, Dapps have been making inroads in various fields like gambling, technology, education, finance, and other areas.  Ethereum (ETH) was the first blockchain that unlocked Dapp's true potential by allowing developers worldwide to create unique apps on the platform. Many other blockchain networks…

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