What is Orca (ORCA)? Orca is an open-source Decentralized Exchage (DEX) on Solana that runs using a Concentrated Liquidity Automated Market Maker (CLAMM). Orca’s founders, Grace “Ori” Kwan and Yutaro Mori, created the protocol from their desks in Tokyo, Japan in 2021. Orca was the third app to launch on the Solana blockchain, and as…
What is Jupiter (JUP)? Describing itself as a “full stack ecosystem play”, Jupiter is a Decentralized Exchange (DEX) aggregator built on the Solana blockchain. It currently aggregates liquidity from across 29 integrated DEXs, giving users the freedom to select the best swap prices available within the Solana ecosystem. The top three pool providers as of…
What Is Stellar (XLM)? Stellar is a decentralized blockchain network developed by the Stellar Development Foundation. The network connects banks, payment systems, and people to facilitate low-cost, cross-border, cross-asset financial transactions. Stellar’s native cryptocurrency is called the lumen, which trades under the symbol XLM on various cryptocurrency exchanges. Lumens are used on the Stellar network…
What is Cosmos (ATOM)? The Cosmos blockchain addresses the issue of interoperability between different blockchain networks. The founders of Cosmos envisioned a platform that could enable communication between various open-source blockchains without relying on a centralized server. This idea led to the development of what is now known as the ‘Internet of Blockchains’. Interoperability between…
What is Ethereum (ETH)? A Comprehensive Guide Ethereum is a decentralized blockchain network powered by the ether (ETH) token . Ether offers a wide range of functionalities beyond just being a cryptocurrency. Unlike Bitcoin, Ethereum is not solely a digital currency, but rather a platform for building decentralized applications (DApps) and smart contracts. Ethereum enables…
What Is Monero (XMR)? Monero (XMR) is a cryptocurrency that launched in 2014. It is an open-source, privacy-oriented cryptocurrency that is built using blockchain technology. Monero is known for its opaque blockchain, which makes transaction details and the amount of every transaction anonymous by disguising the addresses used by participants. Key Takeaways One of Monero’s…
What Is Cronos (CRO)? Cronos (CRO) is the native token of the blockchain designed by CRO Protocol Labs, also known as Crypto.com. Crypto.com is a one-stop cryptocurrency exchange and decentralized finance platform that provides an all-in-one decentralized finance application and exchange. The company’s vision is to put “cryptocurrency in every wallet” by becoming a provider…
What is Ripple (XRP)? A Comprehensive Overview In today’s increasingly connected global society, cross-border payments and remittances are mired by outdated processes that struggle to keep up with financial system innovation. The lack of communication between payment channels slows down transfer functions while driving up costs. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) was…
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