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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 […]
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.
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.
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 […]