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How Is the Compound Protocol Secured?

Compound

Compound is primarily secured by Ethereum because it is a decentralised application (dApp) that runs on the Ethereum network. Smart contracts, which enable the autonomous execution of each action offered in Compound’s protocol, are responsible for making the platform work.…

Is Gala crypto a good investment?

Gala crypto

In 2023, $0.44 is projected as the lowest price for a GALA, followed by $0.63 in 2024 and $0.88 in 2025. A little more bullish than PricePrediction in the long run, WalletInvestor rates GALA as a “excellent” long-term investment. What…

What is Holochain, Holo and the HOT Token?

HOT Token

Holochain offers the fundamental technology needed for connections between people while giving them control over the information they exchange. As a result, Holo is building a platform that will connect users of Holochain to the mainstream internet. Furthermore, Holochain is…

What are the major problems addressed by XDC Network?

XDC

The XDPoS technique, a decentralised system for transaction validation, is followed by the XDC Network. The transactions that happen on the XDC hybrid blockchain are validated by it. In contrast to other consensus protocols, XDC Network’s delegated proof of stake…

Everything You Need To Know About NEM Blockchain

NEM

The Java-based blockchain known as NEM (XEM), or “New Economy Movement,” supports various ledgers on its crypto levels. The ecosystem of NEM, which debuted in 2015, is made to connect and exchange any type of digital asset between private and…

Fei Protocol Bug

Fei Protocol Bug

The Fei protocol stablecoin, FEI, which was designed to maintain a 1:1 peg with the US dollar, failed to do so within the first few days of its existence. Major VCs support the Fei Protocol, which aims to develop a…

Can Trust Wallet be Trusted?

Trust Wallet

Even if the crypto functions of the Trust wallet have a lot to do with their success, the security aspect will always take precedence. Mobile cryptocurrency wallets are often designed as practical and simple tools that promote quicker access to…

What Is the Fei Protocol (FEI)?

factsnews.co

A well-liked and adaptable cryptocurrency in the decentralised financial space is stablecoin. They contribute to lowering the overall price volatility of cryptocurrencies, which lowers risks and creates hedging opportunities for the sector. However, there are still a number of problems…

What Problems Does XinFin Network (XDC) Solve?

XDC

With the help of XinFin, technological obstacles to the incorporation of decentralised services into existing business models are reduced. In numerous ways, the network streamlines the procedure. For starters, the protocol complies with ISO 20022 message specifications. With this method,…

Salient Advantages of Ankr

ANKR Coin

Deconcentrated The compute power used by Ankr is provided by a number of different companies through their own enterprise-managed data centres. This suggests that even if one provider experiences a global outage, only a localised portion of the hosting services…