Introduction Decentralized Finance (DeFi) is driving the rapid growth of innovative financial products in the blockchain space. Previously, we explored liquidity mining, tokenized Bitcoin on Ethereum, Uniswap, and flash loans. Another intriguing area is elastic supply tokens, commonly referred to as "rebase tokens." Their unique mechanisms support various experiments. Next, we will take a closer look at how these tokens operate. What are Elastic Supply Tokens? The mechanism of elastic supply ...

Introduction Decentralized Finance (DeFi) is driving the rapid growth of innovative financial products in the blockchain space. Previously, we explored liquidity mining, tokenized Bitcoin on Ethereum, Uniswap, and flash loans. Another intriguing area is elastic supply tokens, commonly referred to as "rebase tokens." Their unique mechanisms support various experiments. Next, we will take a closer look at how these tokens operate. What are Elastic Supply Tokens? The mechanism of elastic supply ...

Introduction Stablecoins are highly popular in the cryptocurrency world, serving as a bridge between traditional finance and digital assets. These blockchain-based tokens provide stability akin to fiat currencies while retaining the operational characteristics of cryptocurrencies, making them particularly attractive for "locking in" profits and losses. Currently, high-market-cap stablecoins are typically pegged to fiat currencies and backed by reserves. However, stablecoins backed by cryptocu...

Introduction Stablecoins are highly popular in the cryptocurrency world, serving as a bridge between traditional finance and digital assets. These blockchain-based tokens provide stability akin to fiat currencies while retaining the operational characteristics of cryptocurrencies, making them particularly attractive for "locking in" profits and losses. Currently, high-market-cap stablecoins are typically pegged to fiat currencies and backed by reserves. However, stablecoins backed by cryptocu...

AI has now emerged as a prominent vertical within Web3, but what will drive the growth of these markets by 2025? Are we poised to witness a true AI revolution in the crypto space? 2024: The Year of AI Over the past year, AI has become central to various industries, with NVIDIA surpassing Apple to become the world's most valuable company. This is not just a headline; it signifies the rise of AI. OpenAI's valuation reached $157 billion, demonstrating market confidence in AI as a power...

AI has now emerged as a prominent vertical within Web3, but what will drive the growth of these markets by 2025? Are we poised to witness a true AI revolution in the crypto space? 2024: The Year of AI Over the past year, AI has become central to various industries, with NVIDIA surpassing Apple to become the world's most valuable company. This is not just a headline; it signifies the rise of AI. OpenAI's valuation reached $157 billion, demonstrating market confidence in AI as a power...

Introduction Despite its price volatility, Bitcoin remains a cornerstone of the cryptocurrency world. Over the years, the cryptocurrency community has consistently supported Bitcoin, even in the face of numerous challenges such as the Mt. Gox hack and Bitcoin hard forks. However, certain issues cannot be overlooked, the most significant of which is the privacy concern. As a public blockchain, transactions on Bitcoin are visible to anyone, which can pose a risk for some users. Although techniq...

Introduction Despite its price volatility, Bitcoin remains a cornerstone of the cryptocurrency world. Over the years, the cryptocurrency community has consistently supported Bitcoin, even in the face of numerous challenges such as the Mt. Gox hack and Bitcoin hard forks. However, certain issues cannot be overlooked, the most significant of which is the privacy concern. As a public blockchain, transactions on Bitcoin are visible to anyone, which can pose a risk for some users. Although techniq...

Introduction The rise of decentralized finance (DeFi) has led to a surge in on-chain activity, resulting in intense competition between decentralized exchanges (DEXs) and centralized exchanges (CEXs) in terms of trading volume. As new products continue to emerge, the entire ecosystem is consistently evolving and expanding. So, what is the core driving force behind this development? One of the key technologies behind all these products is the liquidity pool. What is a Liquidity Pool? A liquidi...

Introduction The rise of decentralized finance (DeFi) has led to a surge in on-chain activity, resulting in intense competition between decentralized exchanges (DEXs) and centralized exchanges (CEXs) in terms of trading volume. As new products continue to emerge, the entire ecosystem is consistently evolving and expanding. So, what is the core driving force behind this development? One of the key technologies behind all these products is the liquidity pool. What is a Liquidity Pool? A liquidi...

Introduction Today, thousands of cryptocurrencies and blockchain projects have been launched or are still in development. Most projects require the implementation of economic incentives to attract ongoing participation from developers and contributors. After all, not all projects can rely on the generous support of asset holders; the introduction of external funding is often just a matter of time. Developers can raise funds through various avenues. Seeking support from venture capitalists (VC...

Introduction Today, thousands of cryptocurrencies and blockchain projects have been launched or are still in development. Most projects require the implementation of economic incentives to attract ongoing participation from developers and contributors. After all, not all projects can rely on the generous support of asset holders; the introduction of external funding is often just a matter of time. Developers can raise funds through various avenues. Seeking support from venture capitalists (VC...

Introduction Calculating the market capitalization of cryptocurrency projects is relatively straightforward. While many traders are keen to compare the market caps of individual projects, this metric can also provide a more macro perspective. In fact, the total value of all cryptocurrency assets far exceeds that of Bitcoin or Ethereum, even though these two projects hold the top spots in terms of market capitalization. Major cryptocurrency data aggregators provide the total market cap of the ...

Introduction Calculating the market capitalization of cryptocurrency projects is relatively straightforward. While many traders are keen to compare the market caps of individual projects, this metric can also provide a more macro perspective. In fact, the total value of all cryptocurrency assets far exceeds that of Bitcoin or Ethereum, even though these two projects hold the top spots in terms of market capitalization. Major cryptocurrency data aggregators provide the total market cap of the ...

Michael J. Saylor is a well-known entrepreneur and executive, as well as a staunch supporter of Bitcoin. He is best recognized as the co-founder and executive chairman of MicroStrategy. Saylor has played a crucial role in raising public awareness of Bitcoin and blockchain technology, advocating for their adoption in the corporate sector. Additionally, he has made significant contributions to the growth and development of MicroStrategy over the years. Born in Lincoln, Nebraska, Saylor attended...

Michael J. Saylor is a well-known entrepreneur and executive, as well as a staunch supporter of Bitcoin. He is best recognized as the co-founder and executive chairman of MicroStrategy. Saylor has played a crucial role in raising public awareness of Bitcoin and blockchain technology, advocating for their adoption in the corporate sector. Additionally, he has made significant contributions to the growth and development of MicroStrategy over the years. Born in Lincoln, Nebraska, Saylor attended...

Introduction The technology for transferring funds in traditional finance has not truly kept pace with changes occurring in other parts of the world. While moving money from one place to another is more complex than transmitting binary digits, the costs associated with this process are often high, and the time required frequently exceeds expectations. Many governments are actively developing new forms of digital currency, primarily aimed at improving the efficiency of payment systems and redu...

Introduction The technology for transferring funds in traditional finance has not truly kept pace with changes occurring in other parts of the world. While moving money from one place to another is more complex than transmitting binary digits, the costs associated with this process are often high, and the time required frequently exceeds expectations. Many governments are actively developing new forms of digital currency, primarily aimed at improving the efficiency of payment systems and redu...

Introduction Smart contracts enable the automation of blockchain protocols by evaluating information and executing corresponding actions when specific conditions are met. However, this raises a critical issue: blockchains lack effective means to access external data. Associating on-chain data with off-chain data has become one of the main challenges faced by smart contracts. To address this issue, Chainlink provides decentralized oracle services. In simple terms, an oracle is software that co...

Introduction Smart contracts enable the automation of blockchain protocols by evaluating information and executing corresponding actions when specific conditions are met. However, this raises a critical issue: blockchains lack effective means to access external data. Associating on-chain data with off-chain data has become one of the main challenges faced by smart contracts. To address this issue, Chainlink provides decentralized oracle services. In simple terms, an oracle is software that co...

Introduction Since the launch of Bitcoin in 2009, the development of digital currencies has been unstoppable. Since then, thousands of alternative digital currencies, also known as tokens, have emerged to serve various applications. Some tokens aim to become mainstream currencies, while others focus on advancing smart contract platforms like Ethereum. Among the early tokens, Dogecoin is undoubtedly one of the most unique. Since its introduction in 2014, it has attracted a significant followin...

Introduction Since the launch of Bitcoin in 2009, the development of digital currencies has been unstoppable. Since then, thousands of alternative digital currencies, also known as tokens, have emerged to serve various applications. Some tokens aim to become mainstream currencies, while others focus on advancing smart contract platforms like Ethereum. Among the early tokens, Dogecoin is undoubtedly one of the most unique. Since its introduction in 2014, it has attracted a significant followin...

Introduction Creating a cryptocurrency or blockchain network requires substantial investment, extending far beyond merely initializing a database. It necessitates finding a delicate balance between security, decentralization, and scalability. Various teams have explored multiple approaches to building robust blockchain ecosystems. In this article, we will delve into one such approach: Tendermint. Key Information About Tendermint If you have a basic understanding of blockchain, you will find m...

Introduction Creating a cryptocurrency or blockchain network requires substantial investment, extending far beyond merely initializing a database. It necessitates finding a delicate balance between security, decentralization, and scalability. Various teams have explored multiple approaches to building robust blockchain ecosystems. In this article, we will delve into one such approach: Tendermint. Key Information About Tendermint If you have a basic understanding of blockchain, you will find m...