Coin Labs editor Profile
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What is Mina crypto? Mina is a cryptocurrency that utilizes a unique technology called “zk-SNARKs” which stands for “zero-knowledge succinct non-interactive arguments of knowledge” to achieve and maintain a much smaller blockchain size than other cryptocurrencies. This very small size of 22kb allows the Mina blockchain to be much faster…
What Is Hedera Hashgraph? Hedera Hashgraph is an open-source distributed ledger technology (DLT) based platform that uses a unique consensus algorithm called the “Hashgraph consensus algorithm” to provide high throughput, low latency fast transactions. According to White Paper, it is designed to provide users with a fast, secure, and fair…
Cryptocurrencies have become a trend these days. It has made transactions easier and quicker. Also, people are getting their transactions done with the lowest fees possible. What could be better than that? But now, the crypto market has turned its attention to stablecoins, another big thing in this era. One…
What is Klaytn? Klaytn is a blockchain network platform created by a subsidiary of Kakao, Korea’s leading IT company. Specifically, Klaytn is an open-source public blockchain project. Therefore, Klaytn’s goal is to build a DApp ecosystem. To achieve this goal, Klaytn helps developers of various applications based on the Klaytn…
What is Cronos Coin? Cronos Coin is a cryptocurrency that works as a coin to be used on the blockchain created by CRO Protocol Labs, commonly known as Crypto.com. This exchange offers a comprehensive decentralized finance application. Cronos crypto can be purchased and sold, staked to generate income, collected in…
What is Ada Coin? Ada Coin is a coin used in blockchain platforms for transmission/transaction of third generation cryptocurrency. When it comes to the cryptocurrency, its encrypted digital asset should have its stability guaranteed and be promptly transmitted. For that reason, most cryptocurrencies use decentralized protocol. Ada’s Cardano platform, however,…
What is eCash? eCash is a rebranding cryptocurrency of Bitcoin ABC from its coin split. eCash is the world’s first cryptocurrency. David Chaum, who first introduced the concept of electronic money, created it in 1989. Although the Internet market has developed more actively than in the past, people familiar with…
EOS is a cryptocurrency that has been making waves in the digital asset space. As an open-source blockchain platform, it aims to provide a decentralized, efficient, and scalable infrastructure for developing while deploying decentralized applications. In this blog post, we will explore the ins and outs of EOS, including its…
What is Ethereum Classic? Ethereum classic is the original Ethereum blockchain, which was forked to create the mainstream Ethereum we know and use today. It uses a proof of work consensus mechanism just like Bitcoin but has smart contract functionalities. This means it can be used to execute and enforce…
What is USD Coin? USD Coin is a cryptocurrency that relies on the US dollar for its value, referred to as a stablecoin. It can be exchanged anytime and anywhere for real US dollars in a 1:1 ratio. Since a reserve asset backs it, the price of the USD Coin…
