Prepare to set up your crypto wallet and embark on a new journey of opportunities. In this article, we will understand what a crypto wallet is, how it works, what different types there are and of course, how to set one up and use it to interact in the exciting world of Decentralised Finance (DeFi).
If you’re here it’s probably because you have no idea or a very slight understanding of Crypto. You probably hear people saying it’s fake, a scam or the future of currencies. In this article, you will understand what Crypto is, how it works and why it will be the next generation of currency.
A Layer 1 blockchain, also known as L1 refers to the foundational network, for example, Bitcoin, Ethereum and Solana would be referred to as Layer 1 blockchains. Layer 1 blockchains permanently record every transaction made on a public, secure and decentralised ledger.
Smart contracts have completely reshaped the future as we know it. We are moving into a digitally dominant world. The blockchain has become such a powerful technology that leading companies in every industry are integrating it into their everyday work. All of this is impossible without Smart Contracts.
Liquid Staking protocols, such as Lido Finance (LDO) and Rocket Pool (RPL) have seen a tremendous rise in users due to the unbelievable advantages that they can provide.Thanks to Liquid Staking, we can now freely move and use staked assets without having to unlock them. This short article will explain everything you need to know about Liquid Staking, so let’s start with how it works and what makes it so special.
A Decentralised Exchange, also known as a DEX is a peer-to-peer marketplace which allows users/traders to trade assets between themselves, without the need for any third parties. DEXs were built to disrupt the way we exchange financial assets.
Very few Memecoins have proved to be successful and most importantly, trustworthy (to an extent). Now, don’t get me wrong, there is SO MUCH money to be made in Memecoins, but you have to catch them early and you have to know when to get out!