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A cryptocurrency, crypto-currency, or crypto[ a] is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. [ 2] It has, in a financial point of view, grown to be its own asset class.
Tether (often referred to by its currency codes, USD₮ and USDT, among others) is a cryptocurrency stablecoin, launched by the company Tether Limited Inc. in 2014. [3]As of August 1, 2024, it was reported that Tether has $118.4 billion in reserves, with excess reserves of $5.3 billion, after reporting a $1.3 billion profit in the second quarter of 2024, putting Tether at a profit of $5.2 ...
Ethereum Classic is a blockchain -based distributed computing platform that offers smart contract (scripting) functionality. [ 1] It is open source and supports a modified version of Nakamoto consensus via transaction-based state transitions executed on a public Ethereum Virtual Machine (EVM). Ethereum Classic maintains the original, unaltered ...
What are altcoins? An altcoin is an alternative cryptocurrency to Bitcoin, which itself was the only crypto coin at one point in time. During its early years Bitcoin dominated the field so much ...
Ethereum. Ethereum is a decentralized blockchain with smart contract functionality. Ether ( abbreviation: ETH[ a]) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. [ 2][ 3] It is open-source software .
Genre (s) Collectable. CryptoPunks is a non-fungible token (NFT) collection on the Ethereum blockchain. The project was launched in June 2017 by the Larva Labs studio, [ 1] a two-person team consisting of Canadian software developers Matt Hall and John Watkinson. The experimental project was inspired by the London punk scenes, the cyberpunk ...
SafeMoon LLC was a cryptocurrency and blockchain company created in March 2021. [2] The company created the SafeMoon token (SFM) which traded on the BNB Chain blockchain. [3] [4] [5] The token charged a 10% fee on transactions, with 5% redistributed (or reflected) to token holders and 5% directed to wallets in a different currency, Binance Coin (BNB), controlled by the coin's authors.
Dai (cryptocurrency) DAI (or DAI, formerly Sai or SAI) is a stablecoin token on the Ethereum blockchain which uses smart contracts designed to control supply to keep its value as close to one United States dollar as possible. DAI is maintained and regulated by MakerDAO, a decentralized autonomous organization composed of the owners of its ...