What is The Graph? The Graph is a decentralized indexing system that allows users to query data from blockchain networks, making DApp development easier. The Graph is an open-source DeFi protocol hosted on the Ethereum blockchain, designed for indexing and querying, much like Google. It collects, organizes, and stores data from other blockchains, making it…
What Is Filecoin? Filecoin (FIL) is a peer-to-peer network that enables users to store and retrieve files in a decentralized manner. It uses the Filecoin blockchain for data storage and retrieval, allowing users to rent unused hard drive space in exchange for FIL crypto. The network is designed to incentivize users to store files reliably…
What Is Polygon (MATIC)? Polygon, formerly known as Matic Network, is an Ethereum layer-2 scaling solution. Polygon is a blockchain that increases scalability and speed by processing Ethereum transactions on a separate layer. Polygon is a leading layer-2 solution that is competing with the likes of Arbitrum and Optimism. Its native MATIC token has grown…
What is TRON (TRX)? TRON (TRX) is a layer-1 blockchain that aims to decentralize the internet through the use of blockchain technology. It offers a suite of tools and infrastructure designed to enable easy and cost-effective access to decentralized applications (DApps) and smart contracts. Key features of Tron include high throughput, scalability, and low transaction…
What is Immutable (IMX)? Immutable is a web3 gaming and solutions company that created the popular Immutable zkEVM and Immutable X zero-knowledge (ZK) scaling solutions for Ethereum that simplify building and running blockchain games and trading NFTs. The platform is focused on bringing digital ownership to players by making it easy to build Web3 games…
What Is Optimism? Optimism is a layer-2 scaling solution deployed on top of the Ethereum network. It is powered by a technology called Optimistic rollups, which bundles large amounts of transaction data into digestible batches, making it much cheaper to use than operating directly on Ethereum. Ethereum, the largest smart contracts blockchain, has been facing…
What Is VeChain (VET)? VeChain is a layer-1 smart contract blockchain platform that aims to improve supply chain management and business processes through the use of distributed ledger technology. The platform is designed to streamline information flow for complex supply chains and offers low-carbon transactions. Key Takeaways What is the History of VeChain (VET)? VeChain…
What is Aave (AAVE)? Aave is a decentralized finance (DeFi) platform that enables users to borrow and lend crypto. The platform uses smart contracts to automate the lending process, with preset rules on how funds are distributed, how collateral is handled, and how fees are determined. It’s successfully positioned itself as a leading DeFi protocol…
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