Category: Decentralized applications

The cryptocurrency guide for the perplexed: DAI

DAI is a stablecoin running on top of the ethereum blockchain pegged to the United States dollar. It keeps its peg through a system of smart contracts and the participants who are incentivized to perform maintenance and governance functions. It’s maintainers are a decentralized autonomous organization (DAO) called MakerDAO, and they’re probably even more interesting… Read More »The cryptocurrency guide for the perplexed: DAI

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How to explain blockchain to your curious uncle

Explaining blockchain related topics can hard. It’s the whole dissemination of complex technology into easily digested bite-sized bits. It takes a bit out of you. On the plus side, when most of your older relatives (like say, an uncle) take you aside during the intermission of a hockey game to ask you to explain blockchain… Read More »How to explain blockchain to your curious uncle

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How to explain blockchain to your curious uncle

Explaining blockchain related topics can hard. It’s the whole dissemination of complex technology into easily digested bite-sized bits. It takes a bit out of you. On the plus side, when most of your older relatives (like say, an uncle) take you aside during the intermission of a hockey game to ask you to explain blockchain… Read More »How to explain blockchain to your curious uncle

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Today’s Idea: How to Buy Cryptocurrency in Canada

So you want to know about cryptocurrency, do you? If you’re here reading this now odds are good you don’t have the complete roadmap to get involved. You’ve maybe seen some ads online for Wealthsimple Crypto and thought you’d maybe like to get some crypto for yourself, but don’t know where to start. You’re in… Read More »Today’s Idea: How to Buy Cryptocurrency in Canada

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The Cryptocurrency Guide for the Perplexed: Wrapped Bitcoin (wBTC)

Bitcoin is underrepresented in decentralized finance (DeFi). Most of it happens on the Ethereum blockchain and the codes for ETH and BTC don’t play well together, so paying for your DeFi related shenanigans using BTC generally needs a little extra something. Enter Wrapped Bitcoin (wBTC). Wrapped Bitcoin is an ERC-20 token used to represent Bitcoin… Read More »The Cryptocurrency Guide for the Perplexed: Wrapped Bitcoin (wBTC)

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BTCS (BTCS.Q) hops on the Solana staking bandwagon looking for big money

BTCS (BTCS.Q) announced today the addition of Solana (SOL) to its blockchain infrastructure. What this means for the company is that the addition of SOL bring add more revenue, include introduction to decentralized blockchain aspects like NFTs, decentralized applications (dApps), smart contracts, transactions in digital assets, and other such things. “In a January research note,… Read More »BTCS (BTCS.Q) hops on the Solana staking bandwagon looking for big money

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The Cryptocurrency Guide for the Perplexed: Avalanche (AVAX)

Avalanche is an open-source, programmable smart contracts platform for decentralized applications. It’s proprietary token is called AVAX, and it’s used for transaction fees and staking. Oddly enough, you don’t hear too much about Avalanche as an “ethereum-killer” but it’s got just as much claim to the odd little title as any other. It does much… Read More »The Cryptocurrency Guide for the Perplexed: Avalanche (AVAX)

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