Simplify Crypto
Simplify Crypto

Simplify Crypto

Trying to help people to understand the crypto world from the basic concepts to the crypto projects purpose. My articles are publish in Publish0x and Hive


UniSwap (UNI) is listed and balances the price of crypts by mistake

24 Sep 2020 2 minute read 0 comments Simplify Crypto

This week the DeFi UniSwap protocol distributed its UNI Token to the governance of its community, and so UNI was listed by major exchanges around the world. However, the UniSwap protocol is not the only one that uses the UNI acronym or ticker, and th...

Where did the first cryptocurrencies on the market go?

24 Sep 2020 2 minute read 5 comments Simplify Crypto

The year was 2013 and Bitcoin was priced at $ 134.21 dollars. At that time there was no flood of cryptocurrencies, there were no Tokens, stablecoins, DeFi protocols, and the global capitalization value of the cryptocurrency market was just over US $...

Altcoin Season Index

22 Sep 2020 1 minute read 0 comments Simplify Crypto

With the recent rise in altcoins seen in the past few weeks, soon comes the doubt about whether we are entering an altseason like that of 2017. To assist in this analysis, the website https://www.blockchaincenter.com/altoin-season-index/ created the...

The number of Bitcoin addresses grows

21 Sep 2020 1 minute read 0 comments Simplify Crypto

Comparative data provided by the Glassnode platform has indicated the increase in the number of Bitcoin addresses in several aspects. Currently, there are just over 700 million existing Bitcoin addresses, a number that has been growing steadily since...

Flash Loans: DeFi Instant Loans

20 Sep 2020 2 minute read 1 comment Simplify Crypto

The financial system is being practically redone within blockchains. In a short space of time, a decentralized finance system has implemented new uses for the blockchain ecosystem, and is increasingly providing options for cryptocurrency trading. The...

Supply of Tokenized Bitcoins Sets Record on Ethereum Network

19 Sep 2020 1 minute read 0 comments Simplify Crypto

As the website btconethereum.com showed, the supply of tokenized Bitcoins on the Ethereum blockchain has reached the highest value since its creation. Now, the market value of tokenized Bitcoins is more than $ 1 billion, with more than 94,000 tokens...

Lightning Network - Bitcoin for all Payments

18 Sep 2020 4 minute read 1 comment Simplify Crypto

The Lightning Network is a protocol to allow quick payments through a network of bidirectional payment channels. It is a second layer of Bitcoin that, through mutual cooperation, takes place outside the blockchain, and can use it to establish the bal...

Minning Company - Feedback

17 Sep 2020 1 minute read 0 comments Simplify Crypto

Some time ago, I saw a post on Facebook related a crypto cloud minning that gives some powerhash free. I never believe in this kind of sites. However this time I decided to register in the site and put some coins being minning like DOGE (you can choo...

Bitcoin Halving - Crypto Olympic Games

17 Sep 2020 3 minute read 1 comment Simplify Crypto

Halving will take place within hours of publication of this article. It will only be the third time that this event has occurred in the few more than 10 years of Bitcoin's existence. Let's see what it is and why it is so important. As we saw earlier,...

Forks - Blockchain improvements

16 Sep 2020 4 minute read 0 comments Simplify Crypto

One of the first decentralized applications was DAO. This DApp was a failure, as many of the funds raised were diverted by a hacker who managed to access the network due to some programming defects. Being an innovative technology project, the solutio...