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Crypto

Decentralized finance, or DeFi for short, is an umbrella term for a sector of the cryptocurrency industry that focuses on the decentralization and reinvention of traditional financial services.

The word “cryptocurrency” has become well known. However, due to the allure of life-changing returns, many investors can often forget about the underlying technology that allows these digital assets to exist: the blockchain.

After having been postponed several times, the Ethereum Merge is finally happening. With it, the Ethereum blockchain will switch out its consensus mechanism, going from Proof-of-Work (PoW) to Proof-of-Stake (PoS).

Ethereum’s switch from Proof-of-Work (PoW) to Proof-of-Stake (PoS) is one of the most significant events in the crypto space this year. Myths and facts outlined here.

Like most cryptocurrencies, SOL has dropped sharply in price during the following 2022 crypto market crash. Nevertheless, the coin defended its position among the most valuable and promising currencies in the space and is said to have great potential.

Crypto lending is the process of lending out crypto assets to a borrower for a certain period of time. Crypto lending is available on DeFi lending and borrowing protocols and centralized cryptocurrency exchanges.

Solana has become one of the leading smart contract blockchains. The average transaction fee on Solana is a fraction of a cent, making it an ideal platform for building decentralized applications (dApps).

Staking Solana (SOL) is a simple process. Investors can stake coins by moving them into a wallet that supports SOL staking. Step-by-step guide here!

Solana is a programmable smart-contract blockchain that aims to achieve high transaction throughput without sacrificing decentralization. It is a direct competitor to Ethereum, and will be even more so once Ethereum has completed its merge and switched to Proof-of-Stake.

The vision of Web5 is similar to that of Web3. However, there are a few key differences. It’s a complicated picture; find the full breakdown here.

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