Latest Articles
What is IEO meaning (Initial Exchange Offering)?
IEO meaning is Initial Exchange Offering, which is a fundraising event that is administered by an exchange. In contrast to an Initial Coin Offering (ICO) where the project team themselves conduct the fundraising, an Initial Exchange Offering means that the fundraising will be conducted on a well-known exchange’s fundraising platform, where users can purchase tokens with funds directly from their own exchange wallet.Barry Stidham
What is ATH crypto meaning
ATH crypto meaning stands for “All-Time High” in crypto, and this relates to the highest price that an asset has achieved on an exchange. For instance, if a share of stock in XZY Corp comes to an IPO at a price of $5 per share, then trades as high as $20 per share, before falling to $10 in a certain period of time, we could say that the “All-Time High” for the XZY Corp share price was $20.Barry Stidham
What is a PWA application (Progressive Web Application) and what does it do?
A PWA application (Progressive Web Application) refers to a special kind of application that is created through the use of modern web technologies and that follows basic web standards. It is a web application that operates like a native app.Barry Stidham
Polkadot 'cup and handle' setup sees DOT price 50% higher by September
Polkadot (DOT) looks ready to extend its ongoing price recovery due to a classic bullish pattern forming on its daily chart.Barry Stidham
CryptoPunks' trading volume surges 1,847% after Tiffany & Co. launches exclusive NFT collection
On Monday, the trading volume of CryptoPunks, one of the sector's most popular nonfungible token (NFT) collections, surged by 1,847% over 24 hours. Over $1,226.68 Ether (ETH) worth of Punk NFTs was traded during that time.Barry Stidham
What is Trustless meaning?
Trustless meaning is that the participants in that system do not need to know or trust each other for the system to function. In such a system, there is no single entity that has authority over the system, and consensus is achieved without participants having to know or trust anything about the system.Barry Stidham
What is Flippening meaning
Flippening meaning is the possibility of market capitalization of Ethereum (ETH) overtaking the market capitalization of Bitcoin (BTC). Hence, the term refers to the hypothetical situation in the future when Ethereum overtakes Bitcoin to be the largest cryptocurrency in terms of market capitalization.Barry Stidham
What is ERC20 meaning and its uses?
ERC20 meaning is a technical standard that was used to issue and implement tokens on the Ethereum blockchain. The standard describes a common set of rules that should be followed for a token to function properly within the Ethereum ecosystem. Therefore, ERC-20 may be described as a technical guideline or specification, instead of a piece of code or software.Barry Stidham
What is crypto gas fees meaning?
Crypto gas fees meaning refers to the pricing mechanism used on the Ethereum network. Such a mechanism calculates the costs (fees) for performing a transaction or executing a smart contract operation. As such, gas is a special unit that is used to measure how much work certain tasks require.Barry Stidham
What is burn crypto meaning: A look into coin burns
Burn crypto meaning (or coin burning) is the process of permanently removing cryptocurrencies from circulation, reducing the total supply. When the Binance Coin was still part of the Ethereum network, Binance performed periodic Coin Burn events using a smart contract function known as burn function.Barry Stidham