What is proof of work? Bitcoin consensus explained
Proof of work is a consensus mechanism that forces computers to spend…
What is a zero-knowledge proof? ZK technology explained
A zero-knowledge proof lets one party prove to another that a statement…
What is a mainnet? Production blockchain explained
A mainnet is the production version of a blockchain network where transactions…
What is a testnet? Blockchain testing explained
A testnet is a separate blockchain network that mirrors a production chain’s…
What is a DAO? Decentralized governance explained
In April 2024, a single on-chain vote moved $165 million from Uniswap’s…
What is yield farming? Liquidity mining and APY risks explained
In the summer of 2020, a governance token called COMP turned decentralized…
What is an event contract? The yes/no trade explained
A contract that pays one dollar if something happens and nothing if…
What is USDT0? Tether’s omnichain dollar explained
The world’s largest stablecoin now travels between blockchains as USDT0, a version…
What is Section 13(3)? Fed emergency lending explained
When the Fed chair was asked whether the central bank would rescue…
What is a crypto swap? Crypto swaps explained simply
A token swap, or crypto swap, is like trading your favorite Pokemon…