Topics of Crypto World

Bitcoin is a decentralized digital currency system designed for peer to peer value transfer and long term value storage. It was created by Satoshi Nakamoto and operates without relying on any central authority. Instead, it is maintained collectively through cryptography and a distributed network.

Loot, originally an NFT project adopting the Free Mint tactic, had triggered positive responses in the NFT market immediately after its launch. As the first project that proactively invites users to participate in the project construction and allows players to create their NFT minting stories freely, Loot's innovation has been recognized by many users. The first batch of Loot (for Adventurers) received a trading volume of 74.7K ETH on OpenSea, witnessing great success. After that, Lootverse began to open up a magnificent chapter in crypto space. The combination of NFT projects and blockchain games has always been highly talked about. One of the best practices for empowering NFT projects is to make game characters and props into NFTs and store them on chain. Loot is exactly such a project that combines NFTs and GameFi. What makes Loot stand out among many NFT and GameFi projects as a rising star? Follow us to enter the Lootverse and feel its charm directly.

TRON is a public chain project created by Justin Sun in 2017. It ranks among the top based on its efficient network, scalability and extremely low transaction fees. When we talk about TRON, the first keywords related to it might be Justin Sun, TRC-20, and DPoS. But as a public chain with top market cap and extensive application scenarios, there is much more worth knowing, including its consensus mechanism, economic model, history, and its founder.

In Ethereum, every new feature or improvement is proposed in the form of EIP, which will be implemented by all miners. This article will give you an in-depth understanding of what an EIP is and what role EIPs play in the development of Ethereum. The Ethereum ecosystem has attracted a large number of users. Although its high gas fees and congested network are often criticized, it has always been the preferred public chain for Dapps due to its safe, stable, and innovative system. Rome was not built in a day. Similarly, Ethereum has undergone various upgrades since its inception. These upgrade and improvement proposals need to reach an overall consensus in the Ethereum community in the form of EIP before they can be finally implemented.

Rollups represent one of the most popular and effective Ethereum scaling solutions. As a Layer 2 off-chain scaling solution, Rollup bundles thousands of off-chain transactions into batches and sends them to the main blockchain for storage and verification. It greatly improves transaction volume and transaction speed while inheriting the security of Ethereum Mainnet.

Bitcoin halving reduces the number of bitcoin that miners receive for validating transactions on the network. This occurs after every 210,000 blocks.

PAX Gold is a gold-backed token based on an ERC-20 contract on the Ethereum blockchain network

Wrapped tokens are tokens that are pegged against other cryptocurrencies and exist on other blockchains. They increase interoperability among blockchain networks.

DAI is a decentralized stablecoin built through a smart contract on the Ethereum Blockchain. It aims to maintain a stable 1: 1 value against the US dollar.

The Internet of Things, IoT, is an innovative technology that describes the interrelation of different computer devices, machines, and objects with sensors..

Flash loans are a form of unsecured loans available to cryptocurrency traders on some DeFi protocols that require no collateral or intermediaries.

This Gate Learn piece explains the most important steps to avoid getting rekt and make the most out of crypto and DeFi investments.

Social Tokens are meant to be the next big innovation in cryptocurrencies and in the field of decentralized finance.

Developed by Cryptex Finance, TCAP is an index token that provides all crypto users and traders with real time price exposure to the global crypto market cap.

Permaweb is like the normal web, but everything we see in it is permanent, verifiable, and embedded in a blockchain buried under hundreds of millions of hashes.