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BRC20: Unleashing Fungible Tokens on the Bitcoin Network

Experimental fungible token standard The world of cryptocurrencies is constantly evolving, and the introduction of BRC20 tokens has sparked excitement within the Bitcoin community. This experimental standard allows for the creation and deployment of fungible tokens directly on the Bitcoin blockchain, opening up new possibilities for innovation and exploration. What are BRC20 Tokens? BRC20 stands …

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FTX Current Situation and How They Are Selling Their Assets

FTX, a once-thriving cryptocurrency exchange, collapsed in November 2022 after facing a liquidity crisis. The company filed for bankruptcy in the United States and is now in the process of selling its assets to repay creditors. FTX’s current situation is complex and fluid. The company has not yet released a full accounting of its assets …

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Tectum and SoftNote: A New Era of Bitcoin Scaling

Tectum is a third-generation blockchain platform that aims to address the scalability and privacy limitations of Bitcoin. Tectum’s flagship product is SoftNote, a layer-two payment protocol that offers instant, low-fee Bitcoin transactions without compromising on security. SoftNote: A New Way to Pay with Bitcoin SoftNotes work by utilizing the Tectum blockchain to store the private …

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Web3 vs Metaverse: What is Difference? a Detailed Comparison

Web3 and the metaverse are two closely related concepts, but they are not the same thing. Web3 is a vision for a new generation of the internet that is decentralized, open, and user-controlled. It is built on blockchain technology, which allows for secure and transparent transactions without the need for intermediaries. Web3 promises to give …

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what is decenteralize finance (DEFI) defi? Explainer and usecases

Decentralized finance (DeFi) is a financial system that is built on blockchain technology. It does not rely on traditional financial institutions such as banks and exchanges. Instead, DeFi applications use smart contracts to automate financial transactions. Smart contracts are self-executing contracts that are stored on a blockchain. They are programmed to execute certain actions when …

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Coin vs Token, what is difference?

Understanding the Technical Difference Between Tokens and Coins in Cryptocurrency Introduction Cryptocurrency has gained immense popularity over the past decade, revolutionizing the financial industry. While the terms “tokens” and “coins” are often used interchangeably, they represent distinct concepts within the cryptocurrency space. In this blog post, we will explore the technical differences between tokens and …

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