Cryptopedia

Aave is an Ethereum-based lending protocol. It provides options of lending, borrowing, and gaining interest in crypto without intermediaries. The platform has its native token AAVE, due to which users can govern it. The foundation of Aave, ETH Land Aave changed a lot since its foundation in...

2021 has only begun, but Bitcoin already managed to establish a new all-time high. On January 2, it surged $30.000. Two days later, on its birthday the price surpassed $34000. Currently, the cryptocurrency is traded at around $31.000. 2021 is expected to be a great year for Bitcoin. Before...

Billionaire Warren Buffett once famously said, "In the business world, the view in the rearview mirror is always clearer than the view through the windshield." That means that it is easier to look back and analyze what happened than to look ahead and try to see the future. In the world of...

Bitcoin as any other currency can be denominated in minor values. You can buy a whole bitcoin, but you can also buy fractions of one bitcoin. Small values make BTC activities easier to manage and make transactions readable. Let's see what are they? Satoshi (Sat) The smallest and also the most used...

The concept of CBDC CBDC (Central Bank Digital Currency) is a new class of currency that different governments worldwide are observing. The main difference between CBDC and regular currencies is that the first one is designed to run innovative payment solutions, especially a blockchain in order to...

Being a beginner in any industry means you will make some mistakes. Mistakes make life difficult, and then you get the impression that you will never stop being a beginner. The same happens in the cryptocurrency industry - a lot of new people make mistakes that are inherent only to beginners. Of...

What determines the price of one bitcoin? This question is being asked by many. The financial factors of supply and demand, of course, have a decisive influence on the price of bitcoin. However, there are other factors as well, such as regulation, availability on exchanges, the cost of block...

Bitcoin trading is not only about making deals by amateurs on great crypto exchanges. OTC trading plays an influential role in the life of the coin market. OTC stands for Over-the-Counter, in literal translation - bypassing the counter / past the counter. Mostly big players are involved in it, that...

What is Yield Farming? Yield Farming allows the owners of crypto to make more crypto. It's done by lending the funds to other users via smart contracts. In return the lending part receives rewards. Anyway, the process isn't as simple as it seems from the first sight. Actually, yield farmers need to...

The concept of DeFi DeFi is a big trend in blockchain technology nowadays and it’s moving upward and upward every month. Let’s see what is it all about and how we can use it? The appearance of smart contracts was a real sensation. This type of executing transactions was considered to be the...

At the beginning of the crypto market rise, many users believed that digital money automatically guaranteed anonymity. That is not true. At first, of course, few people knew which side to approach these cryptocurrencies. But over time, experts have learned to calculate users using blockchain...

Justin Sun, who has an ambiguous reputation in the crypto community, became a figurant in another scandal - he decided to take charge of the Steem blockchain and use it for his purposes. That is how users of Steemit interpret his actions, a decentralized blogging platform similar to Reddit, which...

What is Steem? Steem blockchain was created to power the Steemit network. Steemit is trying to change how social media works. Unlike platforms like Facebook, where users are not paid a financial reward for the content they create, Steemit rewards the content...

Stellar Lumens (XLM) is a fully decentralized consensus platform. It supports any currency and has a built-in decentralized exchange that can be used to trade any currency or asset. Briefly about XLM...

Uniswap is an exchange-like protocol that permits users securely interchange ERC20 tokens without having to apply the usual exchange order book model. Uniswap bundles tokens into specific smart contracts, creating liquidity pools within which other members can habituate. Anyone can exchange tokens,...

Ripple is a global system for cross-currency and gross payments created in 2012 by Ripple Labs. The main advantage of the network is that it allows mutual transfers anywhere in the world in just a few seconds. That makes Ripple an attractive choice for banks that rely on a real-time settlement...

In addition to TRON, there are other platforms with similar functionality to Ethereum - Cardano, Stellar, EOS, NEO, IOTA, etc. The developers of these networks believe that their platform has the potential to become the main infrastructure for decentralized applications and smart contracts. In this...

The capitalization of all cryptocurrencies is the total value of all coins at the moment. It is defined as the product of the number of tokens in circulation by the current price. If 100 coins of a specific currency have been released to the market, and each coin is currently worth $10, then the...