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Cryptonews9641

Cryptonews9641

My personal article about crypto and blockchain's news.


What is Dogecoin (DOGE)? How it works?

1 May 2020 1 minute read 3 comments PrisonedBus9641

Dogecoin (DOGE) was born in a purely ironic way inspired by Doge, the Shiba Inu dog breed used in the famous memes.This virtual coin born as a joke immediately gained a large following in the world of cryptocurrencies and today represents one of the...

What is Tether? How it works?

19 Apr 2020 1 minute read 5 comments PrisonedBus9641

Tether is a cryptocurrency that is only issued if every single unit is covered by a dollar in the reserves of Tether Limited. It guarantees the stability of the dollar combined with the operational potential of cryptocurrencies. The total value of th...

What is Cosmos (ATOM)? How Cosmos works?

18 Apr 2020 2 minute read 0 comments PrisonedBus9641

Cosmos is a decentralized digital currency and blockchain network designed to increase interoperability, scalability and independence in the blockchain market. Many cryptocurrencies use the Workload Proof [PoW] protocol.PoW works with a decentralized...

What is Loopring (LRC)? How LRC works?

17 Apr 2020 1 minute read 0 comments PrisonedBus9641

Loopring is a protocol that allows a decentralized exchange of Erc-20 tokens on the Ethereum blockchain. Loopring allows multi-token transactions; these offer advantages to both users and exchanges by incorporating the risk into appropriate decentral...

What is XTZ? What is Tezos? How it works?

12 Apr 2020 2 minute read 0 comments PrisonedBus9641

XTZ is the cryptocurrency for the Tezos blockchain. XTZ owners can participate in the validation process by making a security deposit. Users are rewarded for contributing to the network and ensuring its security and stability. Users who show illegal...

What is Chainlink? How Chainlink works?

11 Apr 2020 1 minute read 0 comments PrisonedBus9641

Chainlink promotes a fully decentralized and secure Oracle network based on blockchain technology and connects smart contracts with off-chain resources. Smart contracts can't interact with external resources such as banking systems, APIs and data fee...

What is USD coin?

9 Apr 2020 1 minute read 0 comments PrisonedBus9641

Coinbase entered the stablecoin market with its own currency, the USD Coin (USDC). The goal is to become the leader in the stability offering for cryptocurrencies on Coinbase. The project saw the collaboration of Circle Internet Financial Ltd. The la...

What is Zcash (ZEC)? How it works?

6 Apr 2020 1 minute read 0 comments PrisonedBus9641

Zcash (ZEC) is a cryptocurrency that aims to increase privacy in the world of cryptocurrencies. Anonymity is guaranteed by the non-publication of all the details of the transactions within the blockchain. This covers the sender and recipient addresse...

What is DAI? How it works?

5 Apr 2020 3 minute read 1 comment PrisonedBus9641

DAI is a decentralized stablecoin launched by MakerDAO in December 2017, pegged to the U.S. dollar. Each Dai is worth $ 1 and will always be worth $ 1 USD. It is designed as a solution to address the problem of price volatility in cryptocurrencies. A...

What is Bitcoin Cash (BCH)? How it works?

4 Apr 2020 1 minute read 0 comments PrisonedBus9641

Bitcoin Cash (BCH) is a Bitcoin hard fork. The fork of a project is a copy of the source code from a software package to then develop an independent one. This creates a separate and distinct piece of software. Fork refers to a development branch and...