Alt Coins News

What to Know About CBDCs Heading Into 2022

A central bank digital currency (CBDC) is a digital claim on central bank “money”. The CBDC is both issued and backed by the central bank. $1 of CBDC is worth the same as a $1 bill or $1 in a bank account. In this case fiat money ($USD, $EURO). They are “pegged” to those currencies

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NEAR Protocol: The Most User-Friendly L1

What is NEAR Protocol? NEAR Protocol, or NEAR, is a fully-sharded, Proof-of-Stake (POS) Layer 1 blockchain. NEAR launched on mainnet in early 2020, following a $21MM token sale led by a16z. One of the biggest narratives in crypto throughout 2021 was the emergence of alt-L1s like Solana, Avalanche, and Luna. So what differentiates NEAR and

GAS DAO: the Harbinger of Airdrop Winter?

What is GAS DAO? Following in the wake of the wildly popular $SOS airdrop comes another universal airdrop from GAS DAO. The GAS airdrop applies to anyone who has spent at least $1559 USD in transaction fees on the Ethereum mainnet. The exact airdrop amount varies by wallet history, with weights as 10% on ETH

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ZK-Rollups: The Solution to Ethereum’s Scaling Woes?

How will ZK-Rollups Help Ethereum Scale? Arguably the biggest pain point for new entrants into crypto are the gas fees on Ethereum’s Layer 1. For new users onboarding to crypto, paying $100 to do a swap on a DEX or transact on OpenSea is a major deterrent. This is one reason for the popularity of