The Lightning Network is a second-layer (layer 2) payment protocol on top of the Bitcoin blockchain. While the Lightning Network is mainly seen as a potent scaling solution for Bitcoin, it is not exclusive to Bitcoin.

Gold-backed cryptocurrencies represent an interesting mixture between gold — an ancient store hold of value — and cryptocurrency that potentially represent new-age money. While many investors like cryptocurrencies backed by gold for their more tangible characters, it remains to be seen whether they will be able to catch on.

An Initial DEX Offering (IDO) is a way for projects to sell their newly created crypto tokens to the community through a decentralized exchange (DEX). A typical IDO allows investors to lock funds into a smart contract right before a project launches its native token.

Terra is a public blockchain project that enables the execution of smart contracts. Terra’s native platform token is LUNA, which can be staked and used for network governance.

ApeCoin ($APE) is a token that exists as an ERC-20 token on the Ethereum blockchain. It was launched in mid-March 2022 as part of the Bored Ape Yacht Club ecosystem.

In the case of blockchains, interoperability refers to a blockchain’s ability to freely exchange information with other blockchains. Every asset that is held and every transaction that is made are recorded on a specific blockchain.

Sovryn is a one-stop shop for decentralized financial services and offers lending, borrowing, trading, staking, and yield farming.

As a sidechain of Bitcoin, Liquid’s purpose is to enhance Bitcoin’s capabilities in various ways.

Stacks is a layer-1 blockchain that allows for the execution of smart contracts. Stacks is associated with the Bitcoin ecosystem because it aims to enhance Bitcoin’s capabilities by building on top of it.

In November 2021, a decisive moment many Bitcoiners have eagerly anticipated had finally come: Block 709,632 was mined and the Bitcoin Taproot upgrade went live.


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