crypto

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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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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