Crypto Basics

Decentralized finance and non-fungible tokens have been rocking the cryptocurrency market in recent years as people become more interested in autonomy and decentralization when it comes to managing personal finances.

Blockchain technology has established itself as the foundation of modern cryptocurrencies. It supports the DeFi market and NFTs. But a killer app has not yet emerged to propel blockchains into the mainstream and make them an unremarkable part of everyday experience.

Widely considered the first successful altcoin, Litecoin is based on Bitcoin with a few alterations and advanced features, including the Lightning network and segregated witnesses. Litecoin allows users to make faster and cheaper transactions than Bitcoin.

The Ren Protocol is designed to provide interoperability among the market's cryptocurrencies. The goal is to create an ecosystem in which DeFi applications are available to all crypto users, regardless of what coins and tokens they prefer.

Launched as a joke, DOGE is a descendant (by multiple forks) of the original Bitcoin. The coin has secured impressive growth in market capitalization and earned the endorsement of millions of users, including Tesla founder Elon Musk and musician Snoop Dogg.

The Aragon network helps companies and communities form decentralized autonomous organizations in which all stakeholders have a voice in decision-making. Aragon provides a suite of developer tools and protocols for developers of online communities.

Cryptocurrency may be revolutionizing the world's financial systems, but the ever-increasing transaction volume of global electronic payments is too much for blockchain networks to handle at their current capacity.

Sometimes it seems the crypto world adopts specialized jargon just to be opaque - but it doesn’t have to be that way. Here’s a quick definition of the word “altcoin” and how the term came to be created in crypto’s early days.

BitTorrent Chain has long been one of the most popular and biggest peer-to-peer networks for data sharing. However, even with the service’s popularity, BitTorrent Chain couldn't monetize the functionality and speed of its software.

In the age of the internet, data has quickly become one of the most valuable commodities there is. We use it in practically every activity and digital interaction in our day-to-day lives. And yet, ordinarily, blockchain-based applications can’t access data that isn’t on the blockchain.

The Near Protocol project and the associated NEAR cryptocurrency represent a high-throughput, low-cost alternative to Ethereum as a host for distributed applications. The NEAR ecosystem includes abundant support for development teams looking to deploy games, DeFi apps, non-fungible tokens (NFTs), and decentralized autonomous organizations.

Enjin supports the creation, distribution, storage, trade, and integration of digital assets in the form of nonfungible tokens, or NFTs. Among the most notable applications of Enjin technology is Minecraft, which uses Enjin NFTs for its internal economic ecosystem.