How to create a cryptocurrency wallet?
Cryptocurrency exchange and storage, buying NFT, connecting to blockchain apps - crypto wallets are required for all of these purposes. A crypto wallet is a secure place to store your digital assets. They come in different types - custodial and non-custodial, software and hardware, multicurrency ones and those designed for a particular cryptocurrency or network. Let's talk about what cryptocurrency wallets are, what kinds of cryptocurrencies there are, how to make a crypto wallet and set it up, and how to use the Broex cryptocurrency wallet.
What is Spread and Slippage
The following article covers the spread between the buy and the sell, as well as the concept of slippage. The significance of these questions for beginners is considerable, since it allows them to avoid unreasonable losses. Proper information will give you a better control of your funds in trading.
The THORCHain Project is one of the representatives of the DeFi industry. It caught the attention of the digital technology community by solving the problem of exchanging different blockchain tokens. Today it demonstrates excellent value growth dynamics. According to estimates, it has good investment potential. Let's take a closer look at THORChain cryptocurrency and its forecast in this review.
Avalanche Cryptocurrency (AVAX) is a token that runs on the blockchain network of the same name. It was created to accelerate transactions, create smart contracts and DApp apps. It appeared in the fall of 2020 and rose in price from $4 to $125 in just over a year. As of the end of December 2021, it is one of the top 10 digital coins by market cap. No surprise that investors are considering buying or mining AVAX.
Differences between STOs and ICOs
The crypto industry expands every month - new projects and entire ecosystems emerge. This trend will continue in 2022, as the sphere is still far from its final formation. Startups that enter the market attract funds from people willing to invest. The money is needed for development: paying developers, marketing campaigns, and so on.
This project is one of the "long-livers" of the cryptocurrency market. LINK appeared back in 2014, but fully declared itself only at the end of 2017. Chainlink is a blockchain platform aimed at providing security when working with complex smart contracts.
Advantages and disadvantages of blockchain
Blockchain is a decentralized database. It can be thought of as a ledger in which entries cannot be faked because copies are stored on thousands of computers. The data entered into the blockchain is divided into blocks, encrypted and sequentially linked to each other.
What are smart contracts?
What are smart contracts in simple terms? These are contracts on the blockchain, the implementation of which is not verified by a person, but by a distributed ledger. That is, the parties assume certain obligations under an agreement, and they do not have to trust each other at all. If one of the counterparties violates the terms of the document, it will not work and the other clauses will not be fulfilled.