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…Ethereum vs Dogecoin: Two Different Approaches to Utility in CryptocurrencyLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins11 Jun 2025|BEGINNERS|1 MIN READEthereum vs Dogecoin: Two Different Approaches to Utility in CryptocurrencyExplore Ethereum and Dogecoin, comparing Ethereum’s broad ecosystem versus Dogecoin’s meme-driven appeal and use as a digital currency.Key Takeaways Ethereum (ETH) is a programmable blockchain that brought new capabilities to the cryptocur…
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…The first extra layer inside Fantom was Opera, an EVM-compatible smart contract platform released in December 2019. Opera is a proof of stake (PoS) layer whose validator set employs Lachesis to verify transactions and create new blocks. It offers over 80+ decentralised finance (DeFi) apps, like SushiSwap and Curve. In May 2019, Fantom announced it would be collaborating with the Binance Chain to promote interoperability via a multi-asset and cross-chain ecosystem. This multi-asset plan would ad…
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…The settlement layer handles the accounting and value transfer aspects, ensuring secure transactions and serving as the ledger’s backbone. The computation layer is responsible for executing smart contracts and enabling decentralised applications (dapps). This separation of layers grants Cardano enhanced flexibility and scalability, allowing upgrades or changes to one layer without affecting the other. Why Is Cardano Known as a ‘Green Crypto’? One of Cardano’s attributes is its dedica…
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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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…Created by Reddit user and Ethereum developer ‘Dexaran’, the main goal of the ERC-223 token standard is to expand on the ERC-20 protocol and offer a solution for an ERC-20 bug.Though functionally identical to ERC-20, the ERC-223 token standard has improvements that solve the latter token standard’s issues, as all transactions are powered by automated smart contracts. Although commonly used, the ERC-20 token standard has glaring issues that render it less than ideal at times; for example, w…
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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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…Here’s a comparison of both chains. Key Takeaways: Ethereum Classic (ETC) is a blockchain-based, open-source, decentralised network used to build smart contracts and decentralised apps (dapps).Ethereum Classic was created after The DAO hack in 2016; it is the continuation of the original Ethereum platform built in 2015. The new hard-forked chain, named Ethereum (ETH), is maintained by the Ethereum Foundation.There are several key differences between Ethereum and Ethereum Classic, mainly regard…
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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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… 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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…In terms of smart contracts, databases and user accounts on Flow they can always be in communication with each other in a single atomic, consistent, isolated, and durable (ACID) transaction. Which guarantees a better user experience and complete composability, letting developers easily build on the work of others.As of today, you can engage with Flow via NBA Top Shot or by purchasing digital collectables from the VIV3 NFT marketplace and other functioning blockchain apps. Developers may start ex…
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