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Introduction to cryptocurrency

Get answers to all the big cryptocurrency questions. Where did they come from? How do they work? 

  • What is a mainnet?

    yet up and running. It is used by programmers and developers to test out new features or search for problems in their application or blockchain network. 

    1 minute read
  • What is DeFi?

    Instead of your local bank holding your money, restricting who you can and can’t transfer it to and charging you fees for using their services, in a decentralised environment, you hold your funds in a secure digital wallet and can send money from anywhere in the world to anyone in the world almost instantly, just by having access to an internet connection. 

    1 minute read
  • What is a Dapp?

    Decentralised applications (Dapps) are just like the applications you use everyday on your smartphone. However, in the context of cryptocurrencies, instead of a mobile phone, these Dapps run on a blockchain network in a public, open-source and decentralised environment. 

    1 minute read
  • What is an on-chain transaction?

    An on-chain transaction takes place on a blockchain without the help of a second-layer protocol and remains dependent on the state of the blockchain to validate it.

    1 minute read
  • What is Uniswap?

    Uniswap is the world’s largest peer-to-peer cryptocurrency exchange, allowing anyone with an Ethereum wallet to swap tokens directly.

    1 minute read
  • How is USDC governed?

    USDC is governed by the Centre consortium, which provides a regulatory and operational framework and oversees the USDC stablecoin.

    1 minute read