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Author: Genx
What is the counterparty risk of USDC?
Counterparty risk refers to the likelihood that one party involved in a financial transaction might default on their contractual obligations, leading to potential losses for the other party. In the context of USDC (USD Coin), a popular stablecoin, counterparty risk involves several factors:
(more…)Which is better, USDC or USDT?
When comparing USDC (USD Coin) and USDT (Tether), it’s important to consider several factors, including transparency, stability, liquidity, and use cases. Both are popular stablecoins pegged to the US dollar, but they have some differences that might make one more suitable for your needs than the other.
(more…)How can I make confidential transactions with Litecoin?
Confidential transactions with Litecoin can be achieved using a feature called MimbleWimble. This technology enhances privacy by allowing users to make transactions without revealing the amounts being transacted. Here’s how you can utilize this feature for confidential transactions with Litecoin:
(more…)Why don’t exchanges support Litecoin’s MimbleWimble?
Litecoin’s implementation of MimbleWimble, known as the MimbleWimble Extension Blocks (MWEB), was introduced to enhance privacy and scalability. However, not all exchanges have embraced this feature. Here are some reasons why exchanges might be hesitant to support Litecoin’s MimbleWimble:
(more…)Which is better: Bitcoin Cash’s Cashfusion or Litecoin’s MWEB?
When comparing Bitcoin Cash’s CashFusion and Litecoin’s MimbleWimble Extension Blocks (MWEB), it’s important to understand that both technologies aim to enhance privacy and fungibility, but they do so in different ways. Here’s a breakdown of each and their respective advantages:
(more…)What is the difference between HIVE and Steemit?
Steem and Hive are both blockchain-based platforms that originated from the same codebase but have diverged significantly in terms of governance and community orientation. Here are the key differences between them:
(more…)How is MetaMask?
MetaMask is a popular cryptocurrency wallet and gateway to blockchain applications, particularly those built on the Ethereum network. It is widely used for managing digital assets, interacting with decentralized applications (dApps), and participating in decentralized finance (DeFi) activities. Here’s an overview of its key features and functionalities:
(more…)What is the recommended DEX for Ethereum?
When it comes to decentralized exchanges (DEXs) for Ethereum, there are several popular options that are widely recommended due to their security, user experience, and liquidity. Here are some of the top DEXs for Ethereum:
(more…)Why didn’t gas prices go down after Ethereum’s Merge?
The Ethereum Merge, which took place on September 15, 2022, marked a significant transition for the Ethereum network from a Proof of Work (PoW) consensus mechanism to a Proof of Stake (PoS) system. This change was primarily aimed at reducing Ethereum’s energy consumption and setting the stage for future scalability improvements. However, it did not directly address the issue of gas fees, which are the transaction costs on the Ethereum network.Here are some reasons why gas prices did not decrease after the Merge:
(more…)Ethereum seems to undergo hard forks every year, but is Ethereum quite centralized?
Ethereum, like many blockchain networks, is designed to be decentralized, but the degree of decentralization can vary based on several factors. Let’s explore what contributes to the perception of centralization in Ethereum:
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