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Polkadot Plans to Boost it ecosystem and Web3 platform

Polkadot, the blockchain network with the lowest carbon footprint, has set aside $21 million for ecosystem development.   A brief about Polkadot   Polkadot (DOT) fulfills three distinct purposes: governance, staking, and bonding. The Web3 Foundation launched Polkadot as an open-source project in 2005. The Polkadot project envisions a Web in which each user’s data…

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Earn Interest with Bitcoin: How to Do It in 2022

Bitcoin’s recent performance, skyrocketing to $50,000 early in October, is a tell-a-tell sign of market volatility. It reached an all-time high of almost $65,000 in April before plummeting more than 30% to roughly $30,000 on May 19.   If you seek more sustainable methods of earning interest on appreciating assets, then there is a way…

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What Is Staking In Crypto and How Does It Work?

Staking crypto is now becoming popular day by day as many people are becoming aware of it. It has emerged as another way for crypto investors to make money. More precisely, to produce a good passive income.    But, if someone wants to make a profit out of it, they first need to understand the…

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Everything You Need To Know About EIP-1559

EIP-1559 has been presented as a new feature in the second-largest cryptocurrency – Ethereum. According to the experts, it has the potential to give a better structure to the future of Ethereum.    But, the arrival of the EIP-1559 has given birth to many questions in people’s minds. And here we will take care of…

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Staking vs Yield Farming vs Liquidity Mining- What’s The Difference?

On your journey through the DeFi metaverse, you are likely to come across terms like staking, yield farming, and liquidity mining. They all refer to a client putting their resources on the side of a blockchain, DEX (decentralized exchange), shared security options, or some other potential applications that demand capital.    Despite sharing a lot…

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Kraken procures the non-custodial staking platform

Working as a premier-class cryptocurrency exchange hailing from the United States, Kraken has purchased Staked, a non-custodial staking firm. On Tuesday, the exchange portal revealed that it has integrated Staked into its ecosystem by adding support for the latter in its product portfolio. The announcement by Kraken addressed the strategic deal as one of the…

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What is Polkadot? What makes it one of the most trending blockchains right now?

The blockchain ecosystem is undoubtedly dominated by the crypto whales like Bitcoin and Ethereum. However, in such a scenario, Polkadot is emerging as a next generation blockchain network with a host of features and services.  The capability of Bitcoin in transferring value without the presence of central authority was limited in terms of scalability as…

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EOS vs. Ethereum : A Detailed Comparison

Blockchain and cryptocurrency are the two buzz words which are currently ruling the technological sphere and taking the world by storm. Each day, cryptocurrencies are becoming more and more popular, and Ethereum is one such blockchain platform which we have constantly heard of in the past decade. It has gained worldwide acceptance as it helps…

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Is EOS a Scam and Not a Blockchain?

What is EOS?   EOS is a smart contracts protocol powered by blockchain for developing, hosting, and executing decentralized applications (Dapps). The first testnets and the whitepaper of EOS were launched in 2017 while it was launched as open-source software in 2018. Developed by block.one, a startup registered in the Cayman Islands, it is led…

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Blockchain mining: A comprehensive step-by-step guide

Introduction In this world, nothing functions without reason. Everyone has a reason for indulging in something. Especially in the technological world, people indulge in certain activities if they are interesting, fun-filled, or are highly profitable. In a blockchain ecosystem, mining is one such integral and crucial feature, about which we will discuss in detail in…