EDUCATION

What is a Stablecoin

The past decade has seen significant innovation in the digital currency space. Bitcoin was an advancement in money related tech followed by Ethereum, a decentralized development platform that enables its users to build and deploy decentralized applications. These creations have dominated news headlines as people have piled onto the bandwagon and begun getting in on the action of blockchain technology and digital currencies. One such digital currency is Tether (USDT), an Ethereum based token pegged to the value of a U.S. dollar, also known as a stablecoin.

EDUCATION

An introduction to Layer 1 and Layer 2 Blockchain Protocols

Over the past few years, blockchain technology has grown considerably in terms of popularity and mass adoption. Once only known as the technology that powers Bitcoin, blockchain is now used by thousands of companies across the globe. The number one concern of any company that is currently working with or planning to implement blockchain is scalability. A viable solution to the scalability issue that is currently plaguing blockchain technology is called “Layer 2.” At its core, Layer 2 is a protocol that resides on top of the original blockchain layer and manages transactions between users through side chains.

EDUCATION

Smart Contracts

You’ve probably heard that blockchain technology will soon revolutionize the way we do just about everything – including how we buy and sell things. But you might still be wondering what, exactly, is a smart contract, why does it matter, and how does it work?

EDUCATION

What is an ERC-20 Token?

Most tokens in the digital asset space are built on blockchain technology using one of a number of protocols. As new projects have launched, there have been more and more tokens that share basic features, but have different approaches to varying issues. One of the most popular token types is an Ethereum based token known as an ERC-20 token.