2sats

2sats

I am just some bored guy that likes cryptocurrency


The Tron Blockchain and its TRX Coin

23 Dec 2021 2 minute read 0 comments 2sats

*obligatory not financial advice*   What is Tron? Tron is a smart contract blockchain like Ethereum but it uses proof of stake and is able to handle more than 1,000 transactions per second. It launched in early 2018 and has survived multiple bear mar...

Celo: A Smart Contract and Stablecoin Blockchain for Smart Phone Users

19 Dec 2021 3 minute read 3 comments 2sats

*obligatory not financial advice*   What is Celo? Celo is a smart contract blockchain that enables smart phone users to become their own bank. There are many people in poorer countries that do have smart phones but no access to a trustworthy bank, Ce...

Shade Protocol and its SHADE Token: A System of Private DeFi Apps with an Airdrop for ATOM and SCRT Stakers

16 Dec 2021 3 minute read 1 comment 2sats

*obligatory not financial advice*   What is Shade? Shade Protocol is an ecosystem of connected private DeFi applications running on Secret Network, which is a smart contract blockchain with Monero’s level of privacy. The DeFi sector is booming and ha...

DASH: A Fast, Cheap and Private Payment Cryptocurrency

10 Dec 2021 2 minute read 1 comment 2sats

*obligatory not financial advice*   What is DASH? Dash is a rather old cryptocurrency and unlike most cryptos these days it is actually a cryptocurrency. The utility of Dash is to be used for fast and cheap global payments and its end goal is to beco...

Ravencoin RVN: A PoW Blockchain For The Exchange Of Digital Assets

8 Dec 2021 2 minute read 1 comment 2sats

*obligatory not financial advice*   What is Ravencoin? Ravencoin is a proof of work blockchain whose entire purpose it is to efficiently send various digital assets from one party to another one without middle man. This means that Ravencoin can be us...

Sienna: A Private Decentralized Exchange and Lending Protocol on Secret Network

5 Dec 2021 3 minute read 0 comments 2sats

*obligatory not financial advice*   What is Sienna? Sienna is a DeFi protocol running on the Secret Network blockchain. It already has a decentralized exchange and will soon launch a lending protocol, like Aave or Compound. What makes Sienna interest...

Filecoin FIL: A Decentralized Way of Storing Data

5 Dec 2021 3 minute read 6 comments 2sats

*obligatory not financial advice*   What is Filecoin? Filecoin is blockchain that lets users rent out their unused hard drive space so that it can be used as a decentralized alternative for Dropbox or Google Drive. The main advantage of not depending...

The Decentraland Metaverse and its MANA token

3 Dec 2021 4 minute read 2 comments 2sats

*obligatory not financial advice*     What is Decentraland? Decentraland is a browser game where players can interact with other people in a colourful virtual world that hosts different places and applications that are built by its users, kinda like...

Algofi and its BANK Token: A Lending Protocol Running on the Algorand Blockchain

27 Nov 2021 3 minute read 2 comments 2sats

*obligatory not financial advice*     What is Algofi? Algofi is the first lending protocol that will launch on Algorand. Algofi will allow its users to take over collateralized loans with various coins and tokens like Aave or Compound do and it will...

Zcash ZEC: The Privacy Coin and it's Move To Proof of Stake

27 Nov 2021 4 minute read 5 comments 2sats

*obligatory not financial advice*     What is Zcash? Zcash is a privacy coin like Monero or Secret Network. However, its privacy is only optional and not there by default. Zcash basically offers both transparent and shielded transactions, this makes...