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Showing posts from June, 2022

What is DAPP? & Types of APPS

  An ÐApp (it is written with this strange Ð and pronounced as [Di-app], similar to how we say “e-mail” [i-meil]) is a decentralized application, that is, an app that does not depend on a central system , but it depends on the community of users that use it. The decentralized application can be a mobile app or a web application that interacts with a smart contract to carry out its function. If we briefly recall what an intelligent contract or smart contract was , we will say that it is a computer program that executes itself when the conditions that were programmed in its code are met. To understand how an ÐApp works and its interaction with smart contracts, it is best to make a brief introduction comparing traditional web applications with the new ÐApps. TYPES OF APPS After knowing the characteristics that an ÐApp must have to be considered as such, and continuing with the purpose of this article, we will go on to differentiate the different types of ÐApps that exist. We will make thi

Five Popular DEX Tokens

  DEX tokens can have a number of use cases in their native protocol, such as reward staking, voting, and more. If you are considering including DEX tokens in your portfolio, we have listed the top 5 DEX tokens available on Binance below . Please note that the selection of these 5 decentralized exchange protocols and tokens are not ranked in any specific order. Uniswap and its UNI token Uniswap is an automated liquidity protocol based on Ethereum. Uniswap is also open source , meaning anyone can use the source code and create their own decentralized exchange. Additionally, users can launch any ERC-20 token on Uniswap and post it for free as long as they can supply tokens to the liquidity pool. UNI is the native token of the protocol, and its main function is to govern the  Uniswap clone  ecosystem. Uniswap ( UNI ) is trading at a price of 5.46 USD and has a market cap of 3.93 billion USD as of May 30, 2022. PancakeSwap and its CAKE token PancakeSwap is a DEX based on BNB Smart Chain .

The ‘GAS’ In Ethereum

  If we slightly know the world of Ethereum, it is very possible that the word ‘ Gas ‘ has reached our ears . If, on the other hand, all this is a novelty, it is most likely that for you gas is what Coca-Cola or Fanta carries (and you are right). Do not worry because here we will explain what it is and what its function is. To begin with, we will comment that the Ethereum platform works through the so-called ‘Ethereum Virtual Machine’ (EVM). This would be like a big computer on which all Ethereum operations run. What is gas used for?We call it a ‘big computer’ but in reality it is a multitude of computers connected to each other via the Internet. This virtual machine has the function of executing programs called ‘intelligent contracts’ and is distributed in each computer that forms the Ethereum network -called nodes-. These nodes execute these smart contracts in the EVM, but they do not do it for free: an effort is required on the part of these computers,  ethereum token creator  since

Decentralized technology is a decentralization of power

  The network has more and more weight in our daily lives. For people socialized in digital environments, day-to-day life is not understood outside the internet, mobile applications, streaming or instant messaging services. In this context, preserving one’s own data, the digital identity of each person, becomes increasingly complicated. Data,   Uniswap clone   as sovereign digital identity expert Àlex Puig explains , is a commodity, but it shouldn’t be. The CTO of Caelum Labs proposes, in this sense, a model based on the blockchain of decentralized management of data — from users, but also from companies of all sizes and public administration. A model, in short, in which only each user, each organization and entity, has access to their own identity, based on collective, open, auditable and public service technologies. “You don’t have to think so much about profit,” says Puig, “as about solving problems.” Subscribe to VIA Empresa and you will receive in your email our best stories, repo

What is CKD20? Regulation of the normal ERC20

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  Before we start clarifying the ERC20 terminology, it is essential to distinguish some main ideas in the cryptocurrency market. Coins: A cryptocurrency that can be managed individually, developed for the function of being used as currency, to store value and for transactions. For example BTC, BCH, ETH, LTC… Token : It is a cryptocurrency whose operation will have to be based mainly on another cryptocurrency and the intended use of the token is broader than that of the currency. For example, BNB (on the Binance Chain platform), USDT (on the Ethereum platform ), Dai (on the Ethereum platform ), Maker (on the Ethereum platform )… altcoin: is the common name for all currencies other than Bitcoin Stablecoin: It is also a token, but its value is not volatile like other currencies or tokens, but rather it is anchored or secured by the value of an asset with a constant value, such as fiduciary dollars, gold, silver… ERC20 (Ethereum Request for Comments) is the name of a set of specifications

What is blockchain: the definitive explanation for the most fashionable technology

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  What is blockchain? Among other things, it is one of the buzzwords in recent times. The blockchain is also a concept that poses a huge revolution not only in our economy, but in all kinds of areas. Understanding what this chain of blocks is is not that difficult, and given that this concept is being used more and more, we wanted to do a kind of quick introductory course to blockchain , to explain what it is, how it works and what is the revolution it poses. the chain of blocks. Goodbye, mister (banker) intermediary Let’s put ourselves in situation. The normal thing is that if a person called, for example, Mariano wanted to send 1,000 euros to another person called, for example, Luis, the normal thing is that the operation be carried out through a bank.   Blockchain development company  That bank acts as an intermediary for that and many other transactions , effectively centralizing the movement of capital from one place to another. Banco Mariano would ask his bank to withdraw 1,000 e

What is EOS?

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  The evolution of technology has led man to develop new investment platforms, thus creating cryptocurrencies . A new form of digital payment through virtual currencies that are contextualized in a chain of blocks to what is called blockchain, like what EOS is. What is EOS? New innovative platforms for cryptocurrency mining are created every day, however, EOS has a completely different approach, as it has in fact proposed to compete with companies like Ebay and Facebook regarding the number of simultaneous active users carrying out transactions. History of the creation of EOS EOS has become in recent months one of the most powerful blockchains of the moment. It was created in 2017 by Dan Larrimer, through Block.one. The company is based in the Cayman Islands and its CEO is Brendon Blumer. This blockchain system was designed to scale vertically and horizontally with decentralized applications. EOS is characterized by being a decentralized operating system. The platform provides various