2sats

2sats

I am just some bored guy that likes cryptocurrency


JUNO: A Blockchain for Cross-Chain Smart Contracts

4 Feb 2022 3 minute read 3 comments 2sats

*obligatory not financial advice*   What is Juno? Juno is a smart contract blockchain that is part of the Cosmos ecosystem. It is highly interoperable with other chains thanks to the Inter Blockchain Communication (IBC) protocol that makes it easy to...

Algorand ALGO: A Fast and Cheap to use Smart Contract Blockchain with Pure Proof of Stake

29 Jan 2022 4 minute read 1 comment 2sats

*obligatory not financial advice*   What is Algorand? Algorand is a smart contract blockchain that is very fast and has such low transaction fees that it’s practically fee-less. It was founded with the intended to prove the blockchain trilemma wrong...

ViperSwap: The First Decentralized Exchange on Harmony ONE and part of the VenomDAO Basket

23 Jan 2022 3 minute read 2 comments 2sats

*obligatory not financial advice*   What is ViperSwap? ViperSwap is a DEX that enables decentralized trading for tokens on Harmony ONE which is one of the most popular smart contract blockchains that uses sharding for scaling. The ViperSwap DEX works...

NEAR Protocol: A Scalable and User Friendly Sharding Blockchain

22 Jan 2022 3 minute read 2 comments 2sats

*obligatory not financial advice*   What is NEAR Protocol? Near is a smart contract blockchain that uses a special type of sharding to become more scalable while remaining decentralized. The blockchain is also aiming to be easy to use for both users...

Maker MKR: A Platform for DeFi Loans by Minting the Decentralized DAI Stablecoin

21 Jan 2022 5 minute read 3 comments 2sats

*obligatory not financial advice*   What is Maker? The Maker Protocol is a dApp on Ethereum that allows the creation of the popular and decentralized DAI stablecoin. Although USD is one of the worst shitcoins, there is a demand for using it simply be...

Serum SRM: An Order-book DEX and Cross-chain swaps on the Solana and Ethereum blockchains

18 Jan 2022 3 minute read 0 comments 2sats

*obligatory not financial advice*   What is Serum? Serum is a decentralized exchange that runs on the Solana and Ethereum blockchains. Decentralized exchanges are currently very limited with their features and are in no shape to fully replace decentr...

Cosmos ATOM: The Internet of Blockchains and its Inter Blockchain Communication

17 Jan 2022 4 minute read 0 comments 2sats

*obligatory not financial advice*   What is Cosmos? Cosmos is a project that is trying to make it easy to bridge coins from one blockchain to another. It provides a system of various specialized blockchains that are all connected. The founders of Cos...

Solana SOL: An Insanely Fast but Also Centralized Smart Contract Blockchain

16 Jan 2022 3 minute read 9 comments 2sats

*obligatory not financial advice*   What is Solana? Solana is a smart contract blockchain that is highly scalable due to its low fees and ridiculous fast transaction speed. The blockchain has gained a lot of popularity amongst regular crypto users an...

Rarible RARI: An Innovative NFT Marketplace on Ethereum, Tezos and Flow

15 Jan 2022 3 minute read 1 comment 2sats

*obligatory not financial advice*   What is Rarible? Rarible is a NFT marketplace that is running on multiple different blockchains. Its protocol can also be used by other projects to build their own NFT projects. A non-fungible token is a unique tok...

SUSHI: A Bentobox of DeFi Applications with a Controversial Launch

14 Jan 2022 5 minute read 3 comments 2sats

*obligatory not financial advice*   What is Sushiswap? Sushiswap started as a fork of the Uniswap DEX. The only difference was that it had its own token before Uniswap did and this governance token let its holders earn a part of the trading fees. The...