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thelayerxyz · 2 years
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CryptoStaking is an activity where you lock in your crypto tokens in the smart contract or centralized applications. Based on the reward structure and reward rate, you earn some additional tokens and compound your earnings.
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thelayerxyz · 2 years
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Exchanges that aren’t controlled by any human or centralized entities and are completely automated through smart contracts are called decentralized exchanges. A decentralized exchange is also known as DEX. It is one of the many types of DApps (Decentralized Applications) on a blockchain.
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thelayerxyz · 2 years
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Are you looking to get started in the crypto world? Or want to master the art of cryptocurrency investment? a list of top 5 Cryptocurrency Books to help you grasp the basics and some of the advanced concepts of cryptocurrency investment. Let’s get started to know about best books for investing in cryptocurrency.
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thelayerxyz · 2 years
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Polkadot Blockchain Network: Complete Guide
Polkadot Blockchain network is a proof-of-stake protocol that aims to offer a heterogeneous chain for different applications. With such protocol design, it offers participants a platform without the typical cost, unlike other standard Blockchain designs. The Polkadot blockchain is developing rapidly. In the near future, it could be the most popular Blockchain network. Know all about Polkadot, a multichain blockchain network that allows developers to deploy independent blockchain on the Polkadot network.
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thelayerxyz · 2 years
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Before understanding how NFTs work, you need to know how a blockchain works. NFT stands for Non-fungible Tokens. Let us break it down word by word. Fungible means Exchangeable. Two items that can be exchanged with no party at loss or profit are Fungible.
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