The popularity of non-fungible tokens or Non-fungible tokens (NFT) has skyrocketed in recent months and, with it, the doubts surrounding this new phenomenon. Therefore, and to clarify possible doubts about what exactly this concept consists of, in this article we explain what NFTs are and we predict their evolution in 2021.
We could define a token as a “contract” in which it is stipulated that a person owns a unique and irreplaceable copy of a digital asset, along with that asset. To ensure that the “contract” is safe and truthful, it is stored on a public network, which is blockchain…
surely you are already more than familiar with Bitcoin and Blockchain technology as a result of all the noise generated earlier this year. However, you may not know the “twin” brother of the Blockchain, DLT ( Distributed Ledger Technology ). In this post we tell you what DLTs are and how they differ from Blockchain .
What are DLTs and what is their meaning
Distributed Ledger Technology (DLT) or distributed ledger technologies are a set of technologies that allow us to design a system structure that allows it to function as a NOT centralized database . …
The cryptocurrency Cardano (ADA) is one of those coins that suddenly appeared in the sand, surprising investors with its rapid growth (at the end of 2017, the coin grew 65 times in three weeks).
Cardano is a platform for developing and managing decentralized applications (Dapps) through smart contracts. The developers themselves call the cryptocurrency Cardano Blockchain 3.0, focusing on the expanded opportunities to use a decentralized platform, improved security and scalability compared to Bitcoin (Blockchain 1.0) and the cryptocurrency Ethereum (Blockchain 2.0).
In this article, we will take a closer look at the Cardano cryptocurrency and try to find out…
Cryptocurrencies have been revolutionizing the market since the appearance of Bitcoin, and they have many people watching their evolution and advancement. From Trading from Zero, we want to help you understand the financial sector and train you so that you know how to handle the information yourself, avoiding scams and deceptions.
If you want to enter the world of cryptocurrencies and the stock market, we have courses adapted to different levels, whether you are a beginner in the field, or want to start in the world of the stock market, going through advanced training so that you increase the knowledge…
Throughout last year the world of Decentralized finance (DeFi) continued its growth until reaching a total locked value (TVL) of about 15,000 million dollars in December, a vertiginous growth if we take into account that at the beginning of the year that TVL was only 1 billion. In fact, for a few months trading volumes on certain DeFi exchanges exceeded those of some large traditional exchanges. And looking ahead to 2021, it is likely that they will continue to grow , despite the setback this week Elon Musk’s announcement that Tesla was abandoning payments via Bitcoin.
What is Uniswap? Why was it a revolution?
What is Uniswap?
Uniswap is a decentralized exchange (DEX) based on Ethereum used to Exchange ERC20 tokens.
While most exchanges (Coinbase, Binance, etc.) charge a commission every time an exchange occurs, Uniswap is designed to function as a public good, a tool for the community to exchange tokens without platform fees or intermediaries.
Also unlike most exchanges, which put buyers and sellers in contact to determine prices and execute trades, Uniswap uses a simple mathematical equation and pools of tokens and ETH to do the same job.
What is Uniswap and how does it work?
One of the most well-known decentralized exchange (DEX) protocols in the blockchain world is Uniswap, and it is no wonder because this protocol has become one of the largest DEXs in the crypto ecosystem, with a blocked value that amounts to 5 billion dollars. With this, Uniswap becomes one of the main opponents of centralized solutions and leaves behind the belief that this type of technology could not become truly viable.
But how has Uniswap achieved this? What technology is behind your design? This and much more you will know below.
A decentralized autonomous organization or DAO (Decentralized Autonomous Organization) is, as its name suggests, an organization that is both autonomous and decentralized.
Bitcoin was considered by many to be the first DAO although the term was not coined until years later.
In a couple of articles ( Overpaying For Security and Bitcoin and the Three Laws of Robotics ) published in September 2013, Daniel and Stan Larimer, well-known figures in the blockchain ecosystem, described a Distributed Autonomous Corporation or DAC (Decentralized Autonomous Corporation) as:
These rules are implemented as auditable public open source code and distributed on shareholders’ computers…
TRON is an open-source decentralized blockchain platform founded by the Chinese company TRON Foundation, registered in Singapore. The main cryptocurrency on the platform is TRONIX (TRX). For the first time, the platform was unveiled in the summer of 2017 by Chinese businessman Justin Sun.
In 2017–2018, the company held one of the biggest and biggest ICOs, during which $ 70 million was raised. About 40% of the total issue was sold to investors, and the rest went to TRON’s reserve fund (35%), for pre-sale to other investors. The project team consists of very experienced developers from different countries: China, USA…
Blockchain technology is becoming more and more popular, as evidenced by the fact that it is already being used in almost every industry. The insurance sector is also turning to this solution. Blockchain means greater data security.
The banking industry was the first to recognize the potential of blockchain technology, followed by others. Currently, it is increasingly used in the insurance sector.
In 2018, a B3i consortium was even created, associated companies such as AIG, AIA, Allianz, Aegon, and Swiss Re.
It is focused on creating blockchain-based solutions for the insurance industry. …
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