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WHY ETHEREUM 2.0? Ethereum upgrade is a significant shift in the network’s consensus algorithm. It will move Ethereum from running on an energy-demanding proof-of-work algorithm and means switching to a proof-of-stake algorithm. A Proof of Stake algorithm brings many benefits over a POW one, adjusting various aspects of a network like scalability, security, and accessibility. […]
WHAT IS YIELD FARMING Yield farming is the act of staking or leasing cryptocurrency assets in order to produce significant returns or rewards in the form of extra cryptocurrency. To further simplify it, yield farming encourages liquidity providers (LP) to stake or lock up their cryptocurrency assets in a liquidity pool that is governed smart […]
WEB 3 OPPORTUNITIES WITH LORD WEALTH We had an amazing session with Mr. Mathew Anietie Micheal popularly known as “LORD WEALTH”, a seasoned blockchain educator at BEI consultancy and the Human Resource manager at AAX Nigeria. He shared with us what web 3 is and how we can take advantage of the opportunities that web […]
Unlike keeping money in the traditional banking system where the bank bears the responsibility of securing users’ funds, it’s up to the investor to keep their cryptocurrency secure. The safest, most secure approach to storing cryptocurrencies while maintaining access must be chosen by users.
Aside from market capitalization, trading volume, and total and circulating supply, total value locked (TVL) is a prominent crypto indicator used by DeFi investors to analyze the overall worth of assets deposited across all DeFi protocols or in a single DeFi project in US dollars or other fiat currency.
To decrease the total supply, a project burns its tokens. To put it another way, it causes a “deflationary” occurrence. The goal is to raise the value of the tokens still in circulation because assets appreciate as their available supply reduces
Cloud mining involves renting computing power to miners from outside suppliers. As a result, miners avoid making a significant initial investment in their resources, which is typically costly. Additionally, cloud mining eliminates the need for miners to update and maintain their equipment.
SMART CONTRACTS A smart contract is an attribute of blockchain that raises a lot of questions in the minds of Crypto newbies. Surely you might be wondering what smart contracts are, how efficient they are, what makes them unique? how does it stand out from regular traditional contracts, and what are the benefits of […]
PUMP AND DUMP SCANDALS, HOW TO AVOID IT! WHAT IS PUMP AND DUMP? “Pumped and dumped” is an age long scheme where big traders come together to plan price hike to bag a quick profit. These scams target cryptocurrencies with low market capitalizations that are simple to manipulate and have minimal trading volumes. enthusiasm […]
Do you have crypto that you want to convert to cash and you don’t know how to start? Do you want to know how to convert crypto to cash? then you are in the right place Because, in this article, I will ensure that I will try as much as I can to walk you […]