Understanding Yield Farming Crypto

Yield farming crypto is one of the methods to get passive income from your crypto assets. With yield farming, you can profit from your crypto assets without having to sell them. This means you still hold onto your crypto assets while earning profits. Earning profits from cryptocurrency isn't by trading activities. There are other options you can use to profit from your own crypto assets, one of them is yield farming. So, what is the definition of yield farming? We'll explain it more clearly in detail below.  Understanding Yield Farming Yield farming is a method of generating crypto assets from held crypto assets by lending them to DeFi platforms. The process involves depositing or lending your crypto assets to other users, and as compensation, you'll receive yields. The concept is somewhat similar to traditional banking practices, where customer funds deposited are lent out to borrowers. Eventually, borrowers are charged interest, some of which is given as compensation to t

Understanding Bitcoin Lightning Network And How To Use It

The Bitcoin Lightning Network serves as a solution to Bitcoin's scalability issues, particularly concerning transaction processing limitations. Without scalability improvements, Bitcoin risks becoming an outdated digital asset. While Bitcoin was designed with blockchain technology to enhance transaction security, its low transactions per second (TPS) capability remains a significant drawback. The Bitcoin Lightning Network functions as a layer 2 payment protocol atop the Bitcoin blockchain, aiming to expedite and economize Bitcoin transaction costs. In essence, the Lightning Network accelerates Bitcoin transactions, rendering them faster and more efficient. By employing smart contracts, this network tackles Bitcoin's scalability constraints regarding TPS by utilizing off-chain payment channels, without compromising Bitcoin's decentralization and security. Moreover, the Lightning Network facilitates small-scale Bitcoin transactions. The Lightning Network boasts a capacity to

What Is Layer 2 In Crypto?

In its development, cryptocurrencies are not merely used for buying and selling transactions and as a medium of exchange. The emergence of Ethereum as the first blockchain to utilize smart contract technology paves the way for further scalability in cryptocurrencies. From there, arises what is called the DeFi sector, GameFi, and NFTs, which increasingly add value to the crypto world. With the increasing number of Ethereum users, issues begin to arise. The increasing number of transactions results in network congestion, leading to higher gas fees. Efforts must be made to address these issues. Hence, the birth of layer 2 technology to solve scalability and high transaction cost issues. So, what is layer 2 in crypto? How can it solve the scalability issues of the Ethereum network? This article will comprehensively discuss layer 2 crypto on the Ethereum network. What Is Layer 2? Layer 2 (L2) is a separate blockchain built on top of the layer 1 blockchain (Ethereum) to address network scala

Best Crypto Coins Backed With Gold

Are there any crypto coins backed with gold? Yes, of course. Gold-based crypto can be an alternative stablecoin for investors who looking for stability. By gold as the underlying, the performance of gold-based crypto will be greatly influenced by the world gold price.  Technically, gold-based crypto is another variant of stablecoins. This is because stablecoins are crypto assets whose value is pegged to stable-value assets in the real world. For some people who still believe in gold as an asset that can protect wealth, it becomes more valuable because of the popularity and credibility of gold. What Is Gold-Based Crypto? Gold-based crypto is a digital asset whose value is secured by physical gold, providing price stability and facilitating gold investment without storing physical gold. By making gold as an underlying, every crypto coin in circulation must have the same amount of real physical gold stored in a custodian. How Does Gold-Based Crypto Work?  The gold-based crypto works by to

7 Best Tools For Crypto Analysis

Cryptocurrencies built with blockchain technology that are transparent. It's mean they have data that can be easily accessed for processing and analysis. But unfortunately, the data is peered and very numerous.  We need a set of tools to analysis that will make it easier to search and filter data. Crypto analysis tools allow users to track various financial metrics, transaction and performance data, as well as technical charts of a crypto asset or a particular sector.  Crypto analysis tools are very helpful for investors to deepen fundamental research and gain various interesting insights. What are crypto analysis tools? Crypto analysis tools are specialized software designed to provide an understanding of the complex and dynamic world of cryptocurrencies. These tools will analyze various aspects of cryptocurrencies, including market trends, transaction volumes, wallet activity, and network health.  These tools use advanced technologies capable of performing functions such as data

Blackrock Tokenized Fund Has Launch, It's Called $BUIDL

BlackRock, one of the world's largest asset management companies with $10 trillion in assets under management, has introduced its first tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). The fund was formed in collaboration with Securitize, a company focused on tokenizing assets. This step marks the presence of major and reputable companies like BlackRock in the development of the digital asset market. It brings significant potential for the adoption of crypto assets and real-world assets (RWA). RWA Tokenization RWA Tokenization is the process of transforming ownership of real-world assets into digital tokens using blockchain technology. This innovation allows investments to become more democratic by fractionalizing assets such as real estate, commodities, and even stocks into tradeable tokens. The growing interest in the RWA sector has received an unprecedented boost with the launch of the BlackRock USD Institutional Digital Liquidity Fund on the Ethe

Knowing Manta Network

After its troubled token launch, Manta Network attempted to rise and has now managed to become the third largest Layer 2 network by total value locked (TVL). How did Manta Network get to this point? Let's take a look at the journey of the story. What is Manta Network? Manta Network is a modular blockchain built for zero-knowledge (ZK)-based applications. One of Manta Network's main goals is to address blockchain adoption issues, including privacy, scalability, and interoperability. Manta Network has two main networks, namely Manta Atlantic and Pacific. Manta Atlantic is a layer-1 built on the Polkadot network. Manta Atlantic is claimed to be the fastest layer-1 in Polkadot using ZK technology. ZK enables transaction verification without revealing full transaction details, increasing privacy and efficiency.  Manta Pacific is a layer-2 built on Ethereum. Manta Pacific uses ZK technology to deliver faster and more private blockchain applications. Manta Pacific is compatible with