The relay chain is the central component of the Polkadot network, designed to connect and coordinate multiple blockchains, known as parachains. It acts as the backbone of the entire system, managing communication, security, and consensus across the...
Cryptocurrency is a digital currency that relies on cryptography for security. There are many different cryptocurrencies, all of which are based on computer algorithms. Cryptocurrencies cannot be created by governments or banks and they are not...
Bybit, Binance, and OKX are among the leading cryptocurrency exchanges, but each caters to slightly different types of traders. Bybit is best known for its strong focus on derivatives trading. It offers high leverage, up to 125x on certain contracts,...
Total supply in cryptocurrency refers to the total number of coins or tokens that currently exist, excluding any that have been permanently burned or removed from circulation. It represents all tokens that have been created so far, including those in...
The cost of a Non-Fungible Token (NFT) is shaped by several key factors that influence its market value, demand, and perceived uniqueness. One of the most important factors is rarity—NFTs that are one-of-a-kind or have limited editions tend to...
Synthetix (SNX) is a decentralised finance (DeFi) protocol that allows users to create and trade synthetic assets on the Ethereum and Optimism networks. These synthetic assets, called “Synths,” track the value of real-world assets such as fiat...
Yield farming allows investors to generate yield by placing funds or tokens in a decentralized application (dApp). Crypto wallets, DEXs, decentralized social media platforms, and other apps are examples of dApps.
In cryptocurrencies, a private key is a fundamental and sensitive component that plays a pivotal role in ensuring the security and ownership of digital assets. Essentially, it's a cryptographic code or a random string of characters generated by a...
A qubit, short for quantum bit, represents a fundamental departure from the classical bit, which forms the foundation of traditional digital computing. While classical bits can exist in one of two states, either a 0 or a 1, qubits harness the...
My favorite book about cryptocurrency is " Trading in the Zone: Mastering the Market with Confidence, Discipline and a Winning Attitude"