Layer-2 solutions are becoming increasingly popular in the cryptocurrency space due to their ability to address scalability issues and reduce high transaction fees. Understanding which solutions are the most popular and why they’re favored by traders and investors is key. 1. Polygon (MATIC) Polygon, previously known as the Matic Network,…
The cryptocurrency market has grown rapidly in recent years, offering a wide variety of digital assets, some of which are highly liquid. Liquidity is a key indicator that reflects how easily a cryptocurrency can be bought or sold without significantly affecting its price. 1. Bitcoin (BTC) Bitcoin, created in 2009…
Decentralized Autonomous Organizations (DAOs) use blockchain technology to manage operations and make decisions. Unlike traditional management structures that rely on centralized authorities, DAOs operate through smart contracts — self-executing contracts that automatically fulfil the conditions encoded in them. DAOs allow token holders to participate in managing the organization. Every decision,…
Cryptocurrencies continue to capture the attention of investors and technology enthusiasts worldwide. One of the most discussed projects was Terra (LUNA), which introduced a unique approach to creating and managing stablecoins but collapsed dramatically. Its fall caused a major ripple effect in the cryptocurrency market and forced many to reconsider…
OneCoin is one of the most infamous projects in the world of cryptocurrencies, widely discussed and criticized throughout its brief but tumultuous history. Founded in 2014 by Ruja Ignatova, OneCoin was marketed as a revolutionary cryptocurrency, capturing customers’ attention around the world. However, unlike successful cryptocurrencies such as Bitcoin, OneCoin…
BitConnect has been one of the most controversial and talked-about projects in the cryptocurrency world. It went from being relatively unknown to becoming synonymous with financial fraud. The core issue with BitConnect was not the concept of cryptocurrencies themselves, but rather its high level of risk and lack of transparency.…
Lisk is a platform designed to facilitate the development of decentralized applications (DApps) by using a Layer-2 scaling solution. Built on JavaScript, Lisk offers developers a user-friendly tool for creating blockchain applications using their own SDK, ensuring easy integration and high accessibility. Unique Features of Lisk JavaScript SDK: Lisk offers…
Loopring is a decentralized protocol and platform that utilizes a Layer-2 solution to enable high-speed and low-cost transactions within the Ethereum ecosystem. It’s based on zk-Rollups technology, which aggregates multiple transactions into a single entry on the blockchain, reducing the load on the network. Loopring is the first to significantly…
Manta Network is a Layer-2 solution focused on ensuring privacy in the blockchain ecosystem. With the increasing importance of data protection, the Manta Network solution provides secure and anonymous transactions, making it an essential player in decentralized finance (DeFi). Principles of Operation Manta Network operates on zk-SNARK technology (Zero-Knowledge Succinct…
Ethereum is finally making its mark as it steps into the financial mainstream. Spot Ether exchange-traded funds (ETFs) began trading on Tuesday, giving investors a new way to access cryptocurrency without buying it directly. Impact on the Financial Market The introduction of Ethereum ETFs has already made a significant impact…