Author: Max
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11 Most Common Types of Crypto Scams: Staying Safe as a New Investor
Out of all use cases, yield farming is the most popular DeFi application. There are over 2,000 dApps in this space today, most of which support some sort of interest-earning feature. Why sell your crypto when you can earn while holding? Top Types Of Crypto Scams And How To Avoid New economy, new risks. Ever…
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What is a Multisig Wallet, Most Secure Crypto Storage?
A multisignature (multi-sig) wallet is a type of cryptocurrency wallet that provides enhanced security by requiring multiple private keys to authorize transactions. For example, a 2-of-3 multisig wallet needs 2 out of the 3 authorized private keys to sign and validate transactions. Multisig wallets help prevent theft or loss of funds, which is why they…
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What are the Blockchain Layers? L0, L1, L2, L3
Blockchains layers are the different levels of interaction and infrastructure provided among blockchain projects. Depending on the layer, the project may provide blockchain technology, a blockchain network, a blockchain upgrade, or blockchain applications. The difference between these seemingly identical terms is Layer 0 vs Layer 1 vs Layer 2 vs Layer 3. What are the…
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Can Proof-of-Stake Lead to Centralization Problems?
Proof-of-stake leads to centralization when it favors token quantity. It’s not necessarily a problem as big holders don’t want to lose money on bad decisions. But it creates fewer opportunities for new validators and higher security risks. Can Proof-Of-Stake Lead To Centralization? Decentralization is the essence of blockchain. Yet, one of the most centralized consensus models seems to…
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What is Proof-of-Stake, and How Does it Work?
What Is Proof-of-Stake in Crypto? Proof-of-stake consensus mechanisms have become essential in the DeFi space. Investors can now earn from their favorite coins, potentially never having to sell to make great ROI. Compared to traditional finance, it might sound too good to be true. It might seem unsustainable, centralized, and inflationary. Yet, PoS seem to…
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The 5 Key Principles for Crypto Investing
Time has proven that crypto investing is the real deal. But due to it’s volatility, you need to have strong princples for crypto investing. Blockchain tech has gone a long way since Bitcoin and Ethereum. Almost every day, there are brilliant projects that come up to solve real-world problems. That also means they’re harder to…
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What is Market Cap and Why is it a Vanity Metric?
A market cap is a large number that shows how many tokens are in circulation and their total market price. While it shows how many coins are tradeable, it doesn’t show the real market demand. For example, it doesn’t include the number of tokens locked in DeFi protocols unlike the Total Value Locked (TVL). How…
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Yield Farming Basics: Everything You Need To Know
Yield farming is the process of earning returns on your cryptocurrency using various DeFi protocols including staking, lending, and liquidity providing.
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Complete Guide to Ethereum: The Best Blockchain?
Ethereum is the first open-source, public blockchain with smart contract functionality. The developer community uses ETH to build its own blockchains and apps. Ethereum is part of practically every innovation in blockchain. What Is Ethereum? If Bitcoin is digital gold, Ethereum could be compared to digital silver. Both coins dominate nearly 50% of the entire…
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Crypto Arbitrage: Strong Stablecoin Pegs, and Trading Gains
It has never been so easy to trade cryptocurrency. There are hundreds of crypto exchanges, DEXs, and DeFi dApps available. Every platform has different liquidity, trading volume, and centralization. Despite these differences, cryptocurrencies have about the same prices wherever you trade. How is that possible? Crypto arbitrage is the answer. Crypto arbitrage traders help balance…