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/
25 Mar 2022 1 minute read 2 comments Kromatika
A smart contract is a computer program that makes it easier to carry out certain contractual agreements without the need for a third party. When specific criteria are met, it executes what is written in its code. These protocols are "smart" because o...
23 Mar 2022 1 minute read 0 comments Kromatika
The charge or pricing value, necessary to complete a transaction or execute a contract on the Ethereum blockchain is referred to as gas. It is used to distribute resources of the Ethereum virtual machine so that decentralized applications such as sma...
22 Mar 2022 1 minute read 0 comments Kromatika
Decentralized finance, or DeFi, is a catch-all name for financial services provided by public blockchains. It has the same characteristics as cryptocurrencies in that it is worldwide, anonymous, peer-to-peer, and most importantly, available to anyone...
21 Mar 2022 1 minute read 0 comments Kromatika
These bots, known as "front runners," examine a mempool of pending transactions, taking advantage of the validation period between two blocks on Ethereum to profit from a future huge transaction that would affect the price. One well-known sort of fro...
19 Mar 2022 1 minute read 0 comments Kromatika
Slippage mentions the gap between an expected price of a trade and the current price at which it is executed. This effect occurs in most cases when a significant order is filled, but there is an insufficient volume at the chosen price in a market to...
18 Mar 2022 1 minute read 0 comments Kromatika
Governance tokens are used to give voting power and rights to the community based on democratic votes on a blockchain project. Using these tokens you may trade, stake, or do yield farming. But the primary function is that the owners can influence the...
18 Mar 2022 1 minute read 0 comments Kromatika
In simple terms, it is a protocol based on one of the known blockchains to ease the task. The most popular blockchains such as Bitcoin or Ethereum can be saturated when too many users wish to make a transaction, resulting in slower operations or high...
