💡 How to Crypto.
Here you find blockchain concepts explained in the easiest possible way.
<Right now Bitcoin feels like the Internet before the browser>
In contrast to Cryptonomics, which is all about market activities and crypto-related news, How to Crypto focuses on bringing you key blockchain and crypto concepts closer. This can be protocol-level topics but also how specific cryptocurrencies work e.g. Cardano or Aave.👨🏽💻
It is plainly obvious that cryptocurrencies have recently surged in popularity. The stigma associated with incorporating cryptocurrencies into different digital payment systems and financial infrastructures has gradually been dissipating, as seen by big corporations such as PayPal, Tesla, Visa, JPMorgan Chase & Co. and more as all of these institutions are now electing to invest in cryptocurrency and allow crypto trading. However, one must also recognise the growing popularity of CBDCs (Central Bank Digital Currencies) and their importance in the global financial sector, as it could be argued that CBDCs would present a direct challenge to the dominance exhibited by the cryptocurrency industry and markets as we see it today.
Satoshi Nakamoto, an anonymous person or group, created in 2008 Bitcoin, a peer-to-peer electronic cash system. Bitcoin uses the blockchain technology that was invented with the launch of Bitcoin to help facilitate transactions in a secure, decentralized and peer-to-peer manner. Since then the underlying blockchain technology has found use in many other applications and many experts claim that blockchain technology will have profound implications for many industries and society as a whole.
In today’s blog post, we will talk about the DeFi ecosystem. Defi has seen huge growth since 2019, and it only excelled from there. The current TLV (Total locked value in smart contracts) sits at around 60B $ at the time of writing and topped this year somewhere close to 100B $. DeFi is not a project or entity, it is an umbrella term for decentralized protocols that are set to disrupt the traditional financial services.
What is the difference between PoW and PoS? 📖 7th June Hi guys, This is a new series called Blockchain Academy, where I will discuss and explain on a weekly basis one key concept in the blockchain and crypto space. There are so many interesting use cases that I am...
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