What is Polygon? Today, the Ethereum (ETH) network is immensely popular for trading crypto assets across various apps and protocols. However, the rapid growth of Ethereum also presents new challenges, such as increasing the bandwidth of the network. More people using Ethereum means more pressure on Ethereum’s limited throughput, which results in high fees and […]
ethereum
Getting Started with the MetaMask Wallet
Many crypto investors choose to buy and keep their crypto on an exchange such as Coinbase or Binance. This is simple and convenient, but it has some tradeoffs. For one, investors aren’t in control of their funds. If the exchange is hacked, it could be a big problem. It also limits the number of cryptocurrencies […]
Introduction to Polkadot (DOT)
Polkadot (DOT) is one of the most popular blockchains for distributed computing. It connects separate cryptocurrency networks to create a single, unified ecosystem. Polkadot is a ‘multi-chain’ network. User-created blockchains which integrate Polkadot (known as ‘parachains’) can communicate over the Polkadot network. Parachains can also use Polkadot to communicate with external networks including Bitcoin and […]
What Are Non-Fungible Tokens (NFTs)?
From Twitter profile pictures to digital McRibs, there’s one thing that’s hot right now: non-fungible tokens (NFTs). Every day more celebrities, influencers, and entrepreneurs are launching NFT-related projects. Not surprisingly, a lot of people have been left scratching their heads. What is an NFT, and how is it related to cryptocurrency? Let’s clear up all […]
DeFi: What is Uniswap (UNI)?
If you are a crypto investor, you might have heard of cryptocurrencies like Tether (USDT), Shiba Inu (SHIB), or Chainlink (LINK). These particular ‘tokens’ (and many others like them) were originally launched on Ethereum. Anyone who buys SHIB or LINK is purchasing an asset inside the Ethereum ecosystem. This provides tokens like SHIB with the […]
Australian Blockchain Week Event
Australia’s largest Blockchain event which is being run by Blockchain Australia is kicking off with a jammed packed schedule. The event runs for 4 days which includes over 50+ events that will be held online and in person. The event will feature 120+ speakers ranging from a mix of pioneering technology, academics, executives, and government leaders. The Agenda […]
What Is DeFi?
Decentralised Finance, or DeFi, is an emerging industry that uses blockchain technology and cryptocurrency to create decentralised financial services such as payments, loans and insurance. DeFi services aren’t owned or controlled by a centralised authority and have no middlemen. DeFi can help deliver affordable financial services to low-income people and can simplify the complicated financial […]
Ethereum Explained: Everything You Need to Know
Ethereum is an alternative cryptocurrency that is worth understanding. Named after “the hypothetical invisible medium that permeates the universe and allows light to travel”. It differs from Bitcoin and other currencies in a number of ways, including practical applications and the ability to generate new coins consistently. Many users are overwhelmed by the terminology in […]
Ethereum Mining: Effect of Proof of Work Versus Proof of Stake
To say the cryptocurrency market has been a volatile place would be putting it mildly. No other asset class in recent history has experienced the wild price swings seen by the likes of Bitcoin, Ethereum, and other popular cryptocurrencies. While many long-time cryptocurrency investors have grown inured to these price swings, newcomers are amazed at, […]
What is Ethereum? – A Quick and Simple Overview of the Basics
Ethereum is a term you’ll often hear when researching cryptocurrencies. At Ethereum.org, it’s described as the “blockchain app platform“. So what does that mean? In simple terms, Ethereum is the name of the network developers are creating applications on, these (decentralised apps or dApps) are called smart contracts. It uses the blockchain global ledger as […]