Cryptopedia: Learn the concepts behind stablecoins and how they work
Cointelegraph breaks down stablecoins and how they give users a way to safely store their assets without worrying about depreciation. Cointelegraph’s director of video production Jackson DuMont dissected stablecoins in the latest episode of Cryptopedia. DuMont also explored and explained algorithmic stablecoins and the recent incident involving the TerraUSD (UST) and why it was unable to maintain its dollar peg. DuMont defined stablecoins as “a crypto whose value is tied to an outside asset such as the United States Dollar (USD).” According to DuMont, stablecoins are very vital to the....
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Cointelegraph explains what smart contracts are and how this blockchain-based technology changes the way transactions are made. Cointelegraph's Jackson DuMont tackles smart contracts in the latest episode of Cryptopedia. He explains how smart contracts work from the basics and provides examples of how they can be utilized in real-world scenarios. DuMont describes smart contracts as code within the blockchain that "execute when specific conditions are met." They are self-executing contracts built on blockchain technology and have the power to complete transactions without middlemen. As an....
The announcement highlighted that this may spark the launch of more peso-backed stablecoins within the region. Amid market issues surrounding stablecoins, Tether (USDT) launched a new digital asset that will be pegged to the Mexican peso on Ethereum (ETH), Tron (TRX) and Polygon (MATIC) networks. In an announcement sent to Cointelegraph on Thursday, Tether mentioned that the token will have the MXNT ticker and will join Tether's roster of fiat-pegged stablecoins that includes dollar-pegged USDT, euro-pegged EURT and Chinese yuan-pegged CNHT. Citing data that reports blockchain and crypto....
Leading crypto exchange Phemex has announced a new initiative called Learn and Earn. This educational program has the objective of rewarding users to learn about crypto and its underlying technology. Divided into several courses with different lessons in video formats, users will learn fundamental concepts related to this industry and this new asset class. Users […]
Cointelegraph breaks DAOs down, explaining why this increasingly popular governance structure is relevant and transformative. In the latest Cryptopedia episode, viewers can get a succinct and informative overview of decentralized autonomous organizations, or DAOs. Cointelegraph's Jackson DuMont believes DAOs have the power to "completely transform how work and social collaboration are organized."What makes this type of organization both decentralized and autonomous? The answer is smart contracts on the blockchain. Fundamentally, a DAO runs on the lines of computer code written on smart....
Cryptopedia is a free educational resource that provides an introduction to digital-asset investing. Cameron Winklevoss, Gemini’s president, unveiled Cryptopedia on Thursday. He described the new platform as a “free resource that provides open-access, high-quality crypto education to the world.”The platform currently includes categories devoted to cryptocurrencies, security, trading and investing, and DeFi.Cryptopedia was also designed for subject matter experts to share their knowledge about digital assets. The platform’s “Expert Network” includes founders and thought leaders from some of....