What is Ontology? An Ultimate Guide to Ontology (ONT) Crypto
Crypnotic Blog | Coin News and Cryptocurrency Market Trending
by Hodlin Staff
6M ago
Ontology (ONT) was developed by a Chinese company called Onchain and launched in 2017. It is a public platform and is considered by some to be an important step in removing the barriers between the business sector and blockchain technology. What is Ontology (ONT) Blockchain? Essentially, Ontology (ONT) is designed... Read More ..read more
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What Is Compound Ether (cETH)? A Decentralized Financial Protocol
Crypnotic Blog | Coin News and Cryptocurrency Market Trending
by Hodlin Staff
1y ago
What Is Compound Ether Compound Ether is a Decentralized Finance (DeFi) protocol founded by Robert Leshner and Geoffrey Hayes in 2018 after raising over $8 million in funding from venture capital firms, plus an additional $25 million in 2019 from some of the same and new investors. cETH is the cToken generated... Read More ..read more
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What is Harmony (ONE Token), and How Does It Work?
Crypnotic Blog | Coin News and Cryptocurrency Market Trending
by Hodlin Staff
1y ago
Harmony (ONE) is a decentralized, trustless bridge that uses a sharding protocol that aims to scale up Ethereum applications combined with the future of 5G and IoT technologies. Harmony utilizes new advanced technologies, such as Solidity and Ether.js, to create an extremely fast transaction processing platform capable of executing 10 million transactions... Read More ..read more
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What is Celsius Network (CEL)? How Did it Collapse?
Crypnotic Blog | Coin News and Cryptocurrency Market Trending
by Hodlin Staff
1y ago
What is Celsius? Celsius Network (CEL) is the ERC-20 native token of the Celsius Network, an Ethereum-based system that offers various creative financial solutions for crypto holders. Officially launched in 2017, Celsius Network is a peer-to-peer platform that targets advanced crypto lending and borrowing activities. So far, the Celsius Network has gained... Read More ..read more
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What Is FTX: The Rise and Fall Explained?
Crypnotic Blog | Coin News and Cryptocurrency Market Trending
by Hodlin Staff
1y ago
The FTX Token, aka FTT, is the utility token of FTX Exchange, a crypto derivatives exchange. FTX Exchange was started in April 2019 with Alameda Research’s support, aiming to provide crypto holders and investors with easy futures and leveraged token trading. It attracts many investors thanks to a package of... Read More ..read more
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Exploring What Is Terra LUNA and How It Collapsed In 2022
Crypnotic Blog | Coin News and Cryptocurrency Market Trending
by Hodlin Staff
1y ago
The Terra project is built to be a stablecoin that can be used commercially and develop useful ecosystems amid the explosion of blockchain and DeFi projects. It isn’t limited to a single currency and can operate with many fiat currencies. LUNA is a token that plays a vital role in the Terra... Read More ..read more
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What is Reserve Rights (RSR)? A Comprehensive Guide
Crypnotic Blog | Coin News and Cryptocurrency Market Trending
by Hodlin Staff
1y ago
Reserve Rights (RSR) is one of the two native ERC-20 tokens generated by the Reserve Protocol team. Reserve Protocol is an original initiative to empower crypto by building a trustable stablecoin that is unable to be shut down, can maintain its value regardless of the fluctuation or depreciation of any... Read More ..read more
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What is Algorand? Understanding the Decentralized Blockchain Platform
Crypnotic Blog | Coin News and Cryptocurrency Market Trending
by Hodlin Staff
1y ago
Algorand was the brainchild of professor Silvio Micali, a computer scientist at the Massachusetts Institute of Technology (MIT). Algorand is one of the newer projects that seek to expand the possibility of cryptocurrency usage by boosting transaction speeds by minimizing the time needed to verify transactions. The project was officially... Read More ..read more
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What is Harmony (ONE Token), and How Does It Work?
Crypnotic Blog | Coin News and Cryptocurrency Market Trending
by Hodlin Staff
1y ago
Harmony (ONE) is a decentralized, trustless bridge that uses a sharding protocol that aims to scale up Ethereum applications combined with the future of 5G and IoT technologies. Harmony utilizes new advanced technologies, such as Solidity and Ether.js, to create an extremely fast transaction processing platform capable of executing 10 million transactions... Read More ..read more
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What Is Stellar Lumens? A Guide to Understanding XLM
Crypnotic Blog | Coin News and Cryptocurrency Market Trending
by Hodlin Staff
1y ago
What is XLM? XLM (Lumens) is the native token of the Stellar network, an open-source and decentralized blockchain network created to facilitate the transfer of value between different types of assets, allowing the transfer of money and assets without the need for traditional payment providers. What is Stellar? The Stellar... Read More ..read more
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