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…This is due to the limited smart contract functionality on Bitcoin, as well as the lack of a token standard for NFTs, such as the ERC-721 token standard on Ethereum. The history of NFTs on Bitcoin actually dates as far back as 2012, when the Colored Coins protocol was launched. Colored Coins were bitcoins with a mark that distinguishes them from standard bitcoins. They are considered the initial step towards NFTs built on top of the Bitcoin network. Bitcoin NFTs have recently experienced renew…
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…Learn all its fundamentals here.Key Takeaways Known for its scalability, speed, and low transaction costs, Solana (SOL) is a high-performance blockchain platform aiming to address the limitations of existing blockchains with a unique consensus mechanism called Proof of History (PoH). It supports decentralised applications (dapps) across decentralised finance (DeFi), non-fungible tokens (NFTs), gaming, and meme coins. The Solana Program Library (SPL) provides developers with modular, parallelised…
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…Ethereum vs Bitcoin Cash: Comparing Two Approaches for Bitcoin’s ChallengesLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins9 May 2025|BEGINNERS|5 MIN READEthereum vs Bitcoin Cash: Comparing Two Approaches for Bitcoin’s ChallengesExplore how Ethereum and Bitcoin Cash address Bitcoin’s scalability issues respectively, plus how the two cryptocurrencies compare in utility.Key Takeaways Ethereum has redefined blockchain with smart contracts, decentralised applications…
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…It enables near-instant payments by using Bitcoin’s native smart contract functionality.The Lightning Network is composed of multiple bi-directional payment channels that handle transactions parallel to the main blockchain.It aims to address Bitcoin’s scaling issues, such as long block creation time, limited throughput, and high transaction fees. Check out Crypto.com’s new BTC to USD Converter. Learn more about How to Buy Bitcoin. Purchase Coffee With Bitcoin? Bitcoin’s Scalability Probl…
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…It enables near-instant payments by using Bitcoin’s native smart contract functionality.The Lightning Network is composed of multiple bi-directional payment channels that handle transactions parallel to the main blockchain.It aims to address Bitcoin’s scaling issues, such as long block creation time, limited throughput, and high transaction fees. Check out Crypto.com’s new BTC to USD Converter. Learn more about How to Buy Bitcoin. Purchase Coffee With Bitcoin? Bitcoin’s Scalability Probl…
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…Litecoin vs Bitcoin Cash: Comparing Two Bitcoin Offshoots With Divergent GoalsLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoinsYESTERDAY|BEGINNERS|1 MIN READLitecoin vs Bitcoin Cash: Comparing Two Bitcoin Offshoots With Divergent GoalsCompare Litecoin’s faster, lower-cost transactions and Bitcoin Cash’s commitment to better scalability and peer-to-peer payments.Key Takeaways Litecoin (LTC) is designed as a lighter, faster alternative to Bitcoin, enabling quick and l…
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… Frequently asked questions about ChainlinkHow do you mine Chainlink?Chainlink is a decentralised oracle network that provides external data to smart contracts on the Ethereum blockchain. It is not a blockchain itself, and therefore cannot be mined in the traditional sense. Instead, Chainlink nodes earn rewards for providing external data and securely transmitting it to smart contracts on the Ethereum network. To become a Chainlink node operator, you will need to go through a vetting process…
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…How Do DeFi Protocols Generate Earnings?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYDeFi20 May 2025|INTERMEDIATE|5 MIN READHow Do DeFi Protocols Generate Earnings?How do decentralised finance (DeFi) protocols operate, and how do users generate interest earnings from them? Find out how it all works.Key Takeaways Decentralised finance (DeFi) protocols operate transparently on public blockchains, allowing global access without intermediaries like banks. They primarily seek t…
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… Here we introduce the basics of decentralised finance (DeFi) and how users can unlock the full potential of their crypto. Key Takeaways: Short for decentralised finance, DeFi is an umbrella term for financial applications that do not have any central point of authority.Decentralised applications (dapps) are a type of application that typically runs on a decentralised network; they are usually open-source software powered by smart contracts.A decentralised exchange (DEX) is a peer-to-peer (P2P) …
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…Learn what makes BTC and ETH unique. Key Takeaways Bitcoin (BTC) and Ethereum (ETH) are the leading cryptocurrencies.Both operate on blockchain technology with a focus on decentralisation.Bitcoin is primarily a store of value, while Ethereum is functional, enabling the execution of applications and smart contracts.Bitcoin uses Proof of Work (PoW), while Ethereum transitioned to Proof of Stake (PoS) in 2022 for faster and more energy-efficient processing.Bitcoin is often described as ‘digital g…
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