What Is Manta Network? Manta Network is a modular blockchain ecosystem specializing in zero-knowledge (ZK) applications. It consists of two distinct layers: Manta Pacific, a Layer 2 solution built on Ethereum for scalability and low gas fees, and Manta Atlantic, a Layer 1 chain on Polkadot focused on privacy-preserving credentials and identities. Manta’s ZK-based approach…
What Is Safe? Launched in 2018, Safe, previously known as Gnosis Safe, has emerged as a formidable player in the realm of decentralized protocols for asset management on Ethereum and EVM-compatible blockchains. The platform has been instrumental in evolving the concept of asset management with the introduction of Smart Account technology, which enhances user security…
What Is A DAO? Decentralized autonomous organizations (DAOs) have been gaining popularity as a new form of Internet organization. These entities have no central leadership and operate on a bottom-up decision-making process. DAOs are governed by a community that follows a specific set of rules enforced on a blockchain. DAOs are owned and managed collectively…
What Is Parallel Execution? In the realm of blockchain technology, parallel execution has emerged as a transformative solution that aligns with the ever-growing demand for speed and expanded capabilities. By allowing multiple transactions to flow simultaneously, this approach significantly enhances network efficiency. Blockchains harnessing this technology, including leaders like Solana with its Sealevel system, have…
Centralized vs. Decentralized Crypto Exchanges: How Do They Work? A centralized crypto exchange is a platform controlled by a central entity that acts as an intermediary between buyers and sellers. This type of exchange is the most popular way for typical users, especially new investors, to purchase cryptocurrencies. Assets are stored on behalf of clients…
What Is Binance Coin? Binance Coin (BNB) is a cryptocurrency created and issued by Binance, the world’s largest cryptocurrency exchange by trading volume. It was launched in 2017 as a utility token to provide discounted trading fees on the Binance platform. However, BNB has since evolved into a multi-purpose asset with a variety of use…
What Are Dapps? Decentralized applications, or dApps, are a new way of interacting with personal finance. They are essentially blockchain-based smart contract-powered versions of traditional apps. The Ethereum network popularized dApps, but other layer-1 networks such as Cardano and Solana also host dozens of dApps. These applications offer a decentralized alternative to standard applications, and by using…
What is Pepecoin? Pepecoin (PEPE) is an ERC-20 token that was launched in late April 2023 and is part of the memecoin craze that has taken the crypto world by storm. As with other memecoins, Pepecoin’s market capitalization has been driven by social media hype and community enthusiasm. Pepecoin was inspired by the “Pepe the…
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