The.Crypto.blog

The.Crypto.blog

Writing about cryptocurrency topics


The Yam Protocol Explained

2 Jul 2021 3 minute read 0 comments RelyOnCrypto

Yam, a monetary experiment protocol, integrated some of the most intriguing ideas in programmable money and governance, including an elastic supply, on-chain governance, a governable treasury, and a fair distribution mechanism. YAM, a Yam protocol cr...

The History of Decentralized Finance

29 Jun 2021 8 minute read 1 comment RelyOnCrypto

Although there is no one agreed-upon date for the birth of decentralized finance, there were a few key events that paved the way for DeFi. The first of them was Satoshi Nakamoto's development of Bitcoin in 2009. Whether or not Bitcoin should be categ...

SushiSwap Explained

28 Jun 2021 6 minute read 5 comments RelyOnCrypto

Sushi debuted in August 2020, during DeFi Summer, the company's first time of significant growth. Because of the nature of its introduction, the project rapidly drawn a lot of attention. Sushi, then known as SushiSwap, forked Uniswap and encouraged l...

Ethereum Gas Explained

27 Jun 2021 5 minute read 7 comments RelyOnCrypto

The amount of computing work required to accomplish particular operations on the Ethereum blockchain is measured in gas. The name itself was not picked at random. Similarly, to how gasoline fuels a car and allows it to drive, gas fuels transactions o...

Altcoins and ICOs Explained

13 Jun 2021 7 minute read 6 comments RelyOnCrypto

What Are Altcoins? Altcoins, called Alts for short, are non-Bitcoin cryptocurrencies. Alternative Coins is an abbreviation for the term Altcoin. As a result, LiteCoin, Ripple, Dash, and every other non-Bitcoin cryptocurrency are all classified as Alt...

Ethereum Wallets and Gas Explained

12 Jun 2021 6 minute read 4 comments RelyOnCrypto

An Ethereum wallet, also known as a node, is a computer program that stores your private key, or "secret password," and allows you access over your coins. It also gives you a public Ethereum address, which others will use to send you Ether, Ethereum'...

Bitcoin Cash Explained

10 Jun 2021 8 minute read 8 comments RelyOnCrypto

The origin of Bitcoin Cash, also known as BCH, go far beyond the development of a new cryptocurrency. It was one of the most extensive assessments of Bitcoin's decentralization. Often individuals that are new to Bitcoin or cryptocurrencies in general...

Bitcoin on Ethereum

8 Jun 2021 5 minute read 3 comments RelyOnCrypto

DeFi has taken cryptocurrency by storm, proving that payment isn't the only sector of finance where decentralization is possible. DeFi, in fact, aims to reconstruct all financial services in a decentralized, open, and permissionless way. Furthermore,...

Ethereum Layer 2 Scaling

6 Jun 2021 4 minute read 0 comments RelyOnCrypto

Since the network's inception, one of the most widely discussed subjects has been Ethereum scaling. After a time of significant network congestion, the scaling argument always heats up. One of the earliest instances of this occurred during the 2017 c...

Ampleforth Explained

4 Jun 2021 5 minute read 15 comments RelyOnCrypto

Ampleforth is a cryptocurrency with a unique feature: its supply is elastic and can fluctuate on a daily basis, yet AMPL token ownership is never diluted. Let me clarify what this implies in terms of money: having an elastic supply allows you to prin...