A Guide To Crypto Slang: 19 Terms Every Beginner Should Know
IntroductionAre you new to the world of cryptocurrency? There's a lot to learn when it comes to understanding the terminology used in this space. From FOMO to HODL, crypto slang can be hard to follow if you don't know what
What is an AMM Crypto?
Cryptocurrencies have been growing a lot over the last decade. In 2021, the crypto market had a value of over more than $2.9 trillion. Even so, the industry, alongside elements such as AMM Crypto, is still expected to grow.With that said,
What is BNB? Binance Smart Chain Explained
https://www.youtube.com/watch?v=G0gmPW8N88MWhen I first got involved with defy applications, I staked some BMB coins on the Binance smart chain in the hopes of making a profit. The next morning, when I checked my account, I saw that I had indeed made
What are Blockchain Bridges, and How Do They Function?
As the variety of blockchain protocols expands, so does the desire to transfer assets between chains. To fulfill this demand, this is where blockchain bridges enter the scene.What Are Blockchain Bridges?Overall, a blockchain bridge, also known as a crypto bridge
Crypto Glossary : Deflationary currency
A deflationary currency is one in which the supply of coins is decreasing. Simply put, as the number of coins in circulation decreases, the value of each coin increases.Deflation can be achieved in many ways. It includes burning a
Crypto Glossary Week #18: Token Burn
Token Burn or Burning cryptocurrency is the act of removing tokens from circulation, hence reducing the amount of coins in circulation. The tokens are transferred to a wallet address (burn address or eater address) that may only be used to
What is a Cold Wallet? Crypto Glossary Week #17
The world of cryptocurrencies has gotten larger and more popular since the creation of Bitcoin in 2009. Along with an increasing number of tokens and investors, there has been a growth in the use and acceptability of virtual currencies. However,
Crypto Glossary: Mnemonic Phrase
“Mnemonic phrase”, “seed phrase” or “pass phrase” are words you might have read if you have ever opened a wallet to manage your cryptocurrencies. If not, you may want to inquire about this topic.It was first introduced by Bitcoin in
What Are the Different Types of NFTs?
Non-fungible tokens (NFTs) dominated the crypto news in 2021. Based on blockchain technology, NFTs are driving cryptocurrency adoption to the next level with some groundbreaking sales and purchases taking place within the crypto space. Marketplace for NFTs reached a value
What does “Reach” and “Reach Max” mean?
Reach is the total number of people who see your content. Impressions are the number of times your content is displayed, no matter if it was clicked or not. Think of reach as the number of unique people who see