CoinCarp Blog

  What Is AVAX? Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche is the first decentralized smart contracts platform built for the scale of global finance, with near-instant transaction finality. Ethereum developers can quickly build on Avalanche as Solidity works out-of-the-box. A key difference between Avalanche and other decentralized networks is the consensus protocol. Over time, people have come to a false understanding that blockchains have to be slow and not scalable. The Avalanche protocol employs a novel approach to consensus to achieve its strong safety guarantees, quick finality and high-throughput without compromising decentralization. What Is AVAX Token? AVAX is the native token of Avalanche. It's a hard-capped, scarce asset that is used to pay for fees, secure the platform through staking, and provide a basic unit of account between the multipl

  Since   Bitcoin , the first peer-to-peer payment, launched, a lot of different blockchains and tokens are created every day. Different tokens may issue on totally different blockchains. Some are issued on   Ethereum   blockchain, some are on Binance Smart Chain, some are on other chains. You may wonder how to switch between various blockchain assets. In this article, we will tell you how to move assets between different chains. What Is Cross-chain Transfer? A blockchain is a chain of cryptographic-based blocks, and each block contains authenticated data. Different decentralized assets may build on different blockchains, these blockchains have the features of separation, self-contain. In general, they cannot communicate with each other. In this case, trading or moving crypto assets between different chains is a great challenge. However, with the development of blockchain technology, the solutions have come out, there are various cross-chain tools that allow you to move crypto assets c

  This tutorial will guide you through the process of staking your Glimmer tokens ( GLMR ) on Moonbeam using the dApp built by the Moonbeam Foundation. The dApp works on Moonbase Alpha (for demo purposes), Moonriver, and Moonbeam. Make sure you select the Moonbeam network in order to stake Glimmer tokens ( GLMR ). Note: You need to have  MetaMask  installed. Get Started with the Dashboard To get started with the dashboard, navigate to  apps.moonbeam.network/moonbeam . MetaMask will pop up and ask you to sign in. Once signed in, you will be prompted to select the account to connect to the dApp and accept permissions. You will also need to connect MetaMask to Moonbeam. GLMR tokens are not ERC-20s but native protocol tokens. Therefore, you must add Moonbeam as a custom network in MetaMask. The dApp will help you switch to the right network, but if you need help, please check out the documentation on connecting MetaMask to  Moonbeam  (or  Moonbase Alpha  if that is the case). Upon acceptin

  Although blockchain technology and crypto assets provide another great opportunity for individuals to enter the financial world, some people or organizations have more power and influence than others. We called these people, the Crypto Whales. We will try to explain crypto whale trading activities and how to track whale trades in this article, which may help you optimize your trading strategy. Who Are Crypto Whales? A crypto whale means a person or organization that possesses a large number of particular cryptocurrencies. A whale that owns enough cryptocurrencies is able to manipulate the coin or token value. Generally, there is no certain threshold of a person or organization holding tokens or coins to be considered a whale. If you are holding 1000 BTC, people may consider you are a whale. However, for altcoin, the number will be higher, it is basically related to the market value. Who Are the Bitcoin Whales? As mentioned above, Bitcoin whales are people or entities that hold enough

  What Is Defi 2.0？ Almost 3 years have been passed since the Defi projects start in 2019, the volume(24h) of typical Defi examples such as  Uniswap (V3)  has exceeded more than 1 billion, other projects such as  Compound ,  PancakeSwap (V2) , etc. also have exceeded more than 500 million. These successful Defi projects are decentralized financial infrastructures that provide stablecoin applications, borrowing and lending applications, decentralized central trading applications and DEXs, insurance applications and margin trading applications( click  What is Defi?  to learn more about Defi.). As time goes by and new innovative Defi projects develop, many crypto investors start to use the term "Defi 2.0" in late 2021. Defi 2.0 is built upon Defi 1.0 and to upgrade and solve the issues that exist in the early stage of Defi. What Are the Problems of Defi 1.0? First, let's explore the problems that Defi 1.0 exists. These problems that Defi 2.0 aims to solve. Sustainable: Most