Author: dfmines

Cryptocurrency News and Public Mining Pools

Explain sidechain vs a rollup

User interaction with either of them seem very similar. I understand a rollup stores the data on L1 unlike the sidechain and hence derives the security of the L1. But how does this work? How does storing data on L1 (instead of a sidechain) make the L2 more secure? Also some information on how sidechains…
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A short guide to understanding bridges, wrapped tokens, and interoperability platforms

If you've been around here for a bit, you've probably heard mention of bridges and/or wrapped tokens (like wrapped Bitcoin, or WBTC). Here's an explanation of what these bridges do, how they do it, and what their relationship with wrapped tokens is. What are Bridges In short, bridges allow us to take assets from one…
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How to find my ravencoin wallet address

I'm a first time miner, so my apologies in advance for what is probably a silly question. I just finished downloading the Ravencoin Wallet, but I can't find my address anywhere. I've checked every nook and crany of the program and I'm just at a loss. Any help would be appreciated! submitted by …
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Binance CEO: Avoiding Cryptocurrency Scams, Squid Game Token and Other Defi Risks

The following article was written by CZ, Binance CEO & Co-Founder. DYOR, or do your own research, is a concept I think every investor should know about. It’s as close to a golden rule as anything in the world of crypto, but it applies more even broadly to anything you’re planning to invest in, from […]

Why is Ethereum’s Price Soaring?

The price of Ethereum reached an all-time high over the weekend. It is up nearly 10 times the price in the last 12 months. Background: Both Ethereum and Bitcoin have benefited recently due to the launch of cryptocurrency exchange-traded funds (ETFs), which are the next big thing in the crypto space. Upgrade: Another factor behind…
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Geth v1.10.12 – Arrow Glacier hard fork, Sepolia testnet, native tracing

submitted by /u/karalabe [link] [comments]

Crypto.com supports Cronos cross-bridge mainnet beta launch

The protocol launched its testnet in July 2021 and has since facilitated 1.5 million transactions.

This sub is almost always wrong, and if you rely on getting your crypto information from the headlines without reading into the stories, you will be very misinformed.

I've noticed lately that every highly upvoted post here seems to be misleading or even blatantly incorrect, so I thought I'd actually go through some of them to see if the pattern held up. I know it's a small sample size because I don't have a ton of time, but I went through the top…
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What is life changing money for you? No Lambo , all I need is a normal life when I could buy products without looking at its price everytime

When people saying I'm in Crypto for life changing money , I really wonder what that means. I mean each person will have different ideas and goals to lead their life. There are few who need a lambo but most of us in here at using crypto as the only hope to come out of…
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Gas fees against buying my first NFT.

So, I have a Metamask wallet. I usually buy my cryoto on Binance. The sad thing is, I can't see how much Ill have to pay before I commit my money. Why is that? Doesn't seem so future proof. So, what is the best way for me to buy my first NFT? NFT price: 165$…
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