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What Is Proof of Stake (PoS) and How Does it Work?

Cryptocurrencies are decentralized and not under the control of financial institutions, so they need to have a way to verify transactions. One method that many cryptos use is Proof of Stake (PoS).

By Super Admin | February 05, 2024 | 0 Comments

What is Tokenomics in Blockchain and why is it important?

Tokenomics is a term used to capture the economics of a token. Apart from token creation and distribution, supply and demand, incentive mechanism and token burn schedule, it describes the factors affecting the use and value of tokens. Well-designed Tokenomics is critical to the success of any crypto project.

By Super Admin | March 13, 2024 | 0 Comments

An introduction of ERC-404 token and how it works

ERC-404 introduces the concept of semi-fungible tokens. Developed by individuals known as "ctrl" and "Acme from Pandora Labs," this experimental token standard aims to combine the liquidity of ERC-20 with the uniqueness of ERC-721.

By Super Admin | May 01, 2024 | 0 Comments

What Is Ethereum London Hard Fork and Its Impact on Cryptocurrency

Cryptocurrencies have revolutionized the financial landscape, offering decentralized and transparent systems for transactions and investments. However, these systems are not immune to flaws and require regular upgrades to maintain efficiency and sustainability. One such upgrade is the Ethereum London hard fork, a significant milestone in Ethereum's journey toward Ethereum 2.0, also known as Serenity.

By Super Admin | May 04, 2024 | 0 Comments

A Brief Introduction of Mindchain USD (MUSD)

Mindchain USD (MUSD) is a stablecoin created by the cryptocurrency exchange MINDCHAIN. Crypto pegged, MUSD provides users with a stable and reliable means of investing in the crypto space and blockchain technology without being affected by the volatility commonly associated with cryptocurrencies.

By Super Admin | May 09, 2024 | 0 Comments

How to Connect Mind Smart Chain to Trust Wallet

The easiest way to interact with cryptocurrency and the DeFi project is to know how to access Mind Smart Chain. Trust Wallet is a great way to do this outside of a desktop browser and only takes a few minutes to set up The Trust Wallet app is a mobile crypto wallet that requires no registration.

By Super Admin | May 15, 2024 | 0 Comments

Differences between Coins and Tokens in Cryptocurrency

Cryptocurrencies are generally classified into two main categories: coins and tokens. Although they share several similarities, they also exhibit distinct differences that are essential for anyone involved in the crypto space to understand. Below, we have discussed these similarities and differences in detail.

By Super Admin | May 24, 2024 | 0 Comments

Things to consider when creating cryptocurrency

Creating a cryptocurrency involves choosing the right blockchain platform and understanding the processes and considerations involved. Here are some popular solutions for cryptocurrency creation, including key steps and considerations to guide you through the process.

By Super Admin | May 27, 2024 | 0 Comments

Concept of Nakamoto Consensus and its Benefits

The Nakamoto Consensus is a vital idea in the world of cryptocurrencies, particularly Bitcoin. Named after Bitcoin founder Satoshi Nakamoto, this consensus process revolutionized the way decentralized networks achieve agreement without a central authority

By Newworld Okpesanohwo | June 03, 2024 | 0 Comments

Best EVM Networks in Blockchain Technology

As the world of cryptocurrency continues to grow, the concept of parallel Ethereum Virtual Machines (EVMs) is gaining importance day by day. The criteria that were considered while selecting the top EVMs are scalability, security, and innovation.

By Super Admin | November 25, 2024 | 0 Comments