Coin Labs editor Profile
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What is Altcoin? Altcoins can be described as any cryptocurrency that is not Bitcoin (BTC). That said, since many cryptocurrencies have been forked from Ethereum, some people include Ethereum alongside Bitcoin. In that case, altcoins are all cryptocurrencies besides Ethereum and Bitcoin. Consequently, many altcoins utilize different consensus mechanisms for…
What is Litecoin? Litecoin is a decentralized, peer-to-peer (P2P) digital currency that enables users to send and receive payments without the need for intermediaries. Litecoin is based on an open source cryptographic protocol, and its source code is published openly on Github. Its transactions are verified using a proof of…
The emergence of stablecoins and Pax Dollar indicates the revolution and modernization of blockchain technology. Stablecoins comparatively allow cheaper international transactions than fiat currencies since it is a fundamental ingredient of cryptocurrency proliferation in the market. Low price volatility is critical for long-term and sustainable growth. In the crypto market,…
What is Litentry Coin Litentry Coin is a decentralized identity linking module based on Polkadot Coin. With Polkadot‘s framework technology, substrate-based identity verification is the key to Litentry. Currently, Decentralized Identity, DID has a credit rating system so that identity information can be verified immediately. In the early days of…
What is Wrapped Bitcoin? Wrapped Bitcoin (WBTC) is a cryptocurrency token that allows the holders of Bitcoin to perform transactions on an Ethereum-based blockchain network. It reflects the value of Bitcoin (BTC) and can interoperate with decentralized applications built on the Ethereum network. Wrapped Bitcoin was launched in 2019, and…
What is Fetch.ai? Fetch.ai is a decentralized blockchain cryptocurrency that can be learned by combining artificial intelligence and machine learning functions. In the 21st century, as the IOT technology has widely spread in real life, data is collected in various ways using the Internet of Things. The information collected in…
What is Kava Coin? Kava Coin is a decentralized financial cryptocurrency consisting of borrowing and lending protocols using the Cosmos Coin platform. Kava blockchain technology has the function of designating cryptocurrency as a collateral asset and lending a pegging stable coin called USDX. It links significant currencies such as Ethereum,…
What is Internet Computer crypto? An internet computer crypto, or Web3 crypto, is a type of cryptocurrency that operates on the decentralized web or “Web3”. These digital assets are built on top of a new kind of internet infrastructure known as the “Internet Computer,” which is being developed by the…
What is Sushiswap? Sushiswap is a defy protocol that came up to improve the defects of Uniswap. In DEX, the liquidity provider bears much weight. For glitchless trading in various cryptocurrencies, a plethora of deposited cryptocurrencies must be present in DEX. The liquidity provider refers to a user who deposits…
What is Binance Coin? Binance Coin is a cryptocurrency created by Binance, the largest cryptocurrency exchange in the world. It can be used in various functions such as for launch pads and defi on the Binance Exchange, and also plays a critical role in the Binance Exchange platform network chain….
