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24 Sep 2020 2 minute read 6 comments NOWNodes
Originally published in the NOWNodes Blog.In this article, we will consider the concept of “dust” in cryptocurrencies. The terms dust or dusting attack are also associated with it. Let’s figure out what the danger of dusty transactions is and how wa...
23 Sep 2020 4 minute read 6 comments NOWNodes
Originally published in the NOWNodes blog.The yearn.finance (YFI) token has grown in price from $34 to over $35,000 in just a month and a half. Chainlink LINK jumped from $4.12 to a peak of $19.8 in two months, but then experienced a rebounce to $12....
22 Sep 2020 5 minute read 0 comments NOWNodes
Originally published in the NOWNodes blog. Before we dive deep into the topic of decentralized stablecoins, Let’s do a quick recap about stablecoins. So, what exactly is a stablecoin? It is a type of cryptocurrency. But the value of stablecoin is peg...
3 Sep 2020 6 minute read 5 comments NOWNodes
Originally published in the NOWNodes blog.The DeFi sector is creating new records almost every month now. Its growth is such that the DeFi’s locked in value has surpassed $9 billion. When it comes to the locked-in value, Balancer is the third-largest...
31 Aug 2020 4 minute read 0 comments NOWNodes
Originally published in the NOWNodes blog.A smart contract requires real-world data for execution. So, how does it get real-world data? It leverages decentralized oracle networks to provide data from outside the blockchain. ChainLink provides the dec...
25 Aug 2020 4 minute read 4 comments NOWNodes
Originally published in the NOWNodes blog. There are two types of crypto exchanges, and these are centralized and decentralized crypto exchanges. Currently, centralized exchanges maintain a significant dominance in the crypto exchange market. Yet, o...
20 Aug 2020 2 minute read 0 comments NOWNodes
The DeFi ecosystem is booming. It is bringing more users to the crypto world. One cannot deny that DeFi is doing what ICOs did in 2018. It is bringing the spotlight back to the crypto world again. The trading element of the DeFi ecosystem plays a ve...
18 Aug 2020 3 minute read 10 comments NOWNodes
Originally published in the NOWNodes blog.It goes without saying that slow transactions and high fees make blockchain unsuitable for microtransactions, and interfere a wide adoption. The cost of transactions can exceed several dollars. It is unlikely...
17 Aug 2020 4 minute read 0 comments NOWNodes
Originally published in the NOWNodes blog.Each ecosystem has three main components, and in the absence of one of them, it ceases to function. Any infrastructure consists of users (customers or consumers), the system itself, and the personnel who main...
11 Aug 2020 5 minute read 8 comments NOWNodes
Originally published in the NOWNodes blog.DeFi projects are the brightest spot in the whole cryptocurrency market today. It is attracting many new users to the crypto world. It has the potential to revolutionize the global financial services sector....
