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The.Crypto.blog

The.Crypto.blog

Writing about cryptocurrency topics


UNISWAP Explained

19 hours ago 4 minute read 2 comments RelyOnCrypto

UniSwap is undoubtedly one of the most relevant and widely debated Decentralized Finance projects. UniSwap is a protocol for decentralized token exchange on the Ethereum Blockchain. UniSwap is a decentralized, permissionless, and censorship-resistant...

AAVE – Open Source DeFi Protocol Explained

7 May 2021 4 minute read 0 comments RelyOnCrypto

In 2017, AAVE, which is now one of the most common lending protocols in Decentralized Finance, was developed. Before the rebranding in September 2018, the project was known as ETHLend, which was founded by Stani Kulechov in Finland. Stani found Ether...

Ethereum 2.0 Explained

5 May 2021 5 minute read 7 comments RelyOnCrypto

Ethereum 2.0, also known as ETH2, is a set of integrated upgrades to the Ethereum network aimed at making it more scalable, secure, and sustainable. Many teams in the Ethereum community are working on these upgrades. Each team is concentrating on a p...

Binance Smart Chain Explained

3 May 2021 4 minute read 17 comments RelyOnCrypto

Binance, one of the most famous cryptocurrency exchanges, has announced the launch of Binance Chain, their own blockchain. The key goal of Binance Chain was to build a fast Blockchain that could handle a high volume of transactions. Binance Chain's t...

Derivatives in Decentralized Finance

2 May 2021 4 minute read 3 comments RelyOnCrypto

Derivatives are a vital part of the financial environment. Derivatives derive their value from something, which is typically the price of some underlying financial instrument such as a stock, bond, commodity, currency, or cryptocurrency, as the name...

Bitcoin's Lightning Network Explained

29 Apr 2021 4 minute read 0 comments RelyOnCrypto

Bitcoin is a fantastic cryptocurrency. It gives you power over your capital, helps you communicate with people halfway around the world, and is unaffected by any government or bank. However, it also, like anything else, has limits. If you've ever att...

Atomic Swaps Explained

27 Apr 2021 3 minute read 0 comments RelyOnCrypto

If you've ever wanted to swap between two separate cryptocurrencies, you've already found how expensive it is. You may think it's not that difficult, but consider this for a moment. If I want to swap Bitcoins for Litecoins, for example, I'll need to...

Initial Exchange Offering (IEO) Explained

26 Apr 2021 4 minute read 2 comments RelyOnCrypto

Every second day, it appears, a new acronym emerges in the crypto universe. We've got Initial Coin Offerings (ICOs), Security Token Offerings (STOs), and now Initial Exchange Offerings (IEOs). The aim of ICOs, STOs, and IEOs is the same: they are bot...

Beginner Guide To Ethereum

24 Apr 2021 6 minute read 1 comment RelyOnCrypto

Prior to the invention of Bitcoin, the only way to use money digitally was by an intermediary such as a bank or PayPal, and back then, the money was still government-issued and regulated currency. Bitcoin, on the other hand, changed everything by int...

Hardware Wallets Explained

23 Apr 2021 5 minute read 1 comment RelyOnCrypto

The word "crypto wallet" is a bit misleading since a crypto wallet does not really store any cryptocurrency. A Crypto Wallet is a piece of software that stores passwords, often known as keys in cryptography. These keys allow the wallet access to the...