Kromatika Education
Kromatika Education

Kromatika Education

This blog is dedicated to short educational articles that allow a better understanding of the world of cryptocurrencies. If you are interested in Kromatika and the different benefits we offer, here is where you can find us! - dApp : https://app.kromatika.finance/ - Twitter : https://twitter.com/KromatikaFi - Home Page : https://kromatika.finance/


What is a rug pull in crypto?

5 Apr 2022 1 minute read 0 comments Kromatika

A rug pull is a scam in the cryptocurrency sector in which the founders quit their project and flee with the assets of investors. Rug pulls are most common on decentralized finance platforms. These platforms are used by them since they are considerab...

What is Arbitrum?

4 Apr 2022 1 minute read 1 comment Kromatika

Arbitrum is one of the potential remedies to Ethereum's recent transaction cost issue. Ethereum is the second-largest cryptocurrency by market value, but its exponential growth has been limited by network congestion and exorbitant fees. Arbitrum atte...

What is Proof-of-stake (PoS) in crypto?

3 Apr 2022 1 minute read 0 comments Kromatika

A transaction validator in a Proof-of-stake system must verify ownership of a certain asset to participate in transaction validation. In the case of cryptocurrencies, a transaction validator, for example, will be required to show his interest in all...

What is an exchange?

2 Apr 2022 1 minute read 0 comments Kromatika

Exchanges are a type of marketplace in the financial sector. An exchange’s purpose is to create a single meeting place for firms, governments, and investors to ease the buying and selling of a variety of assets. A cryptocurrency exchange like Binance...

What is a blockchain?

1 Apr 2022 1 minute read 0 comments Kromatika

A blockchain is a decentralized database that serves as an authoritative record of all transactions ever carried out, with all blocks cryptographically linked. This prohibits anyone from changing or deleting transactions after they’ve been entered in...

What is a crypto audit?

31 Mar 2022 1 minute read 0 comments Kromatika

The discovery of high-severity issues in a code is the primary purpose of a crypto audit. Before performing an audit, the crypto audit company's security team must first have a thorough grasp of the project's architecture and use cases, as well as re...

What is a Crypto Wallet?

29 Mar 2022 1 minute read 2 comments Kromatika

A crypto wallet is a device or program that allows you to receive, send, store cryptocurrencies, and record transactions. Each cryptocurrency can only be sent to a wallet that matches it, otherwise, the funds could be lost. We can separate all wallet...

What is DeFi Staking?

28 Mar 2022 1 minute read 0 comments Kromatika

Simply put, DeFi staking is the practice of binding crypto assets to a contract. You may become a validator in the DeFi protocol or layer one blockchain in return for this, and receive incentives for executing the obligations the position requires. I...

What is Proof-of-work (PoW) in crypto?

27 Mar 2022 1 minute read 0 comments Kromatika

In a Proof-of-work system, network participants have to solve so-called complex cryptographic puzzles to be allowed to add new blocks to the blockchain. This puzzle-solving process is commonly referred to as mining. These cryptographic puzzles are ma...

What is Ethereum?

26 Mar 2022 1 minute read 0 comments Kromatika

Ethereum is a decentralized platform that allows smart contracts to be implemented. It’s similar to an operating system that can be used to develop software apps. Smart contracts are self-executing contracts or apps that execute exactly as planned wi...