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What is IPFS?

What is IPFS?

John Martin 8 min read
IPFS (InterPlanetary File System) is an open-source hypermedia protocol that allows peers to store and distribute data in a single distributed file system. The author of the decision — the founder and head of the American startup Protocol Labs Juan Benet - called it a "distributed, permanent web," bearing in mind that the site created in IPFS c
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Vulnerabilities of Smart Contracts: DAO, DeFi, and Re-entry Attack

Vulnerabilities of Smart Contracts: DAO, DeFi, and Re-entry Attack

John Martin 7 min read
The decentralized finance space has shown exponential growth over the past year, increasing from a total of $540 million recorded in March last year to more than $47.6 billion at the time of this article's release. The growth of the DeFi sphere has opened up new opportunities for users, developers, and the industry as a whole, but also brought
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What Is a DAO And How Does It Work?

What Is a DAO And How Does It Work?

Ruth Kise 12 min read
Until recently, the concept of blockchain was only known in the context of cryptocurrencies, but today this technology is actively used in business. What's more, the new acronym DAO is entering the mainstream. So the "untraditional" business model appears along with JSC and attracts the attention of business enthusiasts more and more. DAO Defi
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How to Recognize a Crypto Scam: 7 Warning Signs of Pump-And-Dumps And Other Fraud

How to Recognize a Crypto Scam: 7 Warning Signs of Pump-And-Dumps And Other Fraud

Ruth Kise 8 min read
As you start using cryptocurrencies, you realize that, since crypto is a new financial mechanism, such transactions are associated with risk. Every month dozens of new tokens and apps launch. Blockchain technology is developing, and even experienced investors may find it hard to keep up with its rapid pace. We are not talking about the unp
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Why Do 51% Attacks Happen and What Are They?

Why Do 51% Attacks Happen and What Are They?

June Katz 3 min read
Before we dive into this topic, one should understand the basics of blockchain technology. A well-distributed blockchain consists of thousands of different nodes that individually support the network’s decentralization and security. These nodes are supported by crypto miners who use their computers’ processing power to solve mathematical equations
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What Are AML/KYC For?

What Are AML/KYC For?

June Katz 3 min read
The modern world is increasingly striving to remove anonymity from cryptocurrency circulation. Client identification is a big problem for blockchain companies today. The KYC / AML rules, offering their solution to the problem of identification, ensure the acceptance of cryptocurrencies in society, but on the other hand, they cause a conflict bet
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What's Up with Multichain?
What's Up with Multichain?

What's Up with Multichain?

John Martin 5 min read
Users of the Multichain ( MULTI ) cross-chain protocol have been reporting issues with transactions getting stuck in the blockchain as a result of an error that occurred during a recent network update. Several Multichain users have complained that their funds have been stuck in the protocol for 72 hours. Part of the problem appears to be rela
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Are We Overdue for a Crypto Bull Run? An Overview of the Market Situation
Are We Overdue for a Crypto Bull Run? An Overview of the Market Situation

Are We Overdue for a Crypto Bull Run? An Overview of the Market Situation

John Martin 8 min read
2022 has become a difficult year for the cryptocurrency market and will be remembered by negative events and trends. These include the onset of "crypto," the collapse of FTX , and the "stifling embrace" of regulators. We gathered experts' opinions on how to assess the results of the year and the prospects for the next - should we expect a market
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Exploring Bitcoin Ordinals and the BRC-20 Token Standard
Exploring Bitcoin Ordinals and the BRC-20 Token Standard

Exploring Bitcoin Ordinals and the BRC-20 Token Standard

June Katz 5 min read
Bitcoin Ordinals: An Introduction So far the majority in the crypto world has been talking about Bitcoin as a store of value. This idea initiated a heated debate, which has not eased off until this day. Nonetheless, what can be seen in practice is that Bitcoin is rarely used actively as a means of payment. Even though there are interesting cases,
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In Search of The Best Stablecoin
In Search of The Best Stablecoin

In Search of The Best Stablecoin

June Katz 6 min read
Stablecoins are cryptocurrencies that are designed to have a stable value, unlike other coins whose values can fluctuate wildly. They are pegged to fiat currencies such as USD. This means that the price of a stablecoin will not change significantly in response to market movements. Stablecoins can be used as a store of value, a medium of exchang
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BTC  to ETH : Best Rates

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