The price of Tether(USDT) has remained somewhat constant despite the crash in the wider crypto market. Tether is a stable coin that is pegged to the value of USD and catered to investors looking to move funds across cryptocurrency exchanges without volatility or having to convert to fiat currency which will incur additional time and …
The price of Ethereum (ETH) has tumbled along with the crypto market in anticipation of rate hikes, inflation, and recession rhetoric echoed by the mainstream media. ETH has fallen from $4812 to $1205, a 75% drop since its peak in 2022. Most importantly, ETH appears to have bottomed out, as 51 percent of the current …
Cryptocurrencies are used for a variety of different purposes. Some cryptocurrencies act as digital money that holds value or is even pegged to other currencies. Others act as the power for systems such as blockchains or protocols that offer decentralised data storage. Regardless of their intended purpose, Crypto usually struggles with scalability issues that often …
Dash was created in 2014 and is one of the most popular hard forks of Bitcoin. Beginning almost five years after Bitcoin as Xcoin, being rebranded as Darkcoin, then ultimately DigitalCash or DASH, the coin was created to improve upon the original Bitcoin blockchain and provide safer and faster transactions across the globe. Cryptocurrencies such …
Although the nature of cryptocurrency and blockchain technology is a decentralised ecosystem, all crypto still relies on storage, websites, and application interfaces. Today, the entire internet we use is controlled by a small number of technology giants such as Google, Amazon, and Meta. They have the ability to control what is on and off the …
Litecoin was developed as a peer-to-peer cryptocurrency on a public blockchain network aiming to improve the scalability, speed, and efficiency of Bitcoin, the largest and oldest Cryptocurrency. Historically, Litecoin has not contained smart contracts and was designed to accomplish the same job as Bitcoin but at a cheaper and faster rate. Compared to Bitcoin, Litecoin …
Litecoin; From Bitcoin’s Cousin to Ethereum’s Nightmare Read More »
As crypto-based blockchains and ecosystems continue to improve and emerge, many issues have arisen with existing networks. One main issue plaguing the Bitcoin ecosystem is its inability to host smart contracts and, therefore, dApps, as well as its inability to be scaled. Ethereum sought to fix these issues by allowing users to implement smart contracts …
How A New Smart Contract Blockchain Is Solving Old Problems and Promoting Innovation Read More »
RippleLabs is the company behind the cryptocurrency XRP and RippleNet. RippleLabs is a for-profit company that aims to allow banks and payment providers the ability to send and exchange currency quickly and cheaply across the world. Most centralised banks currently use the SWIFT network for foreign money wires, which make up half of all international …
How RIPPLE Is Maintaining Confidence and Shifting Focus Read More »
NEO is designed for a smart economy and allows an abundance of apps running smart contracts to thrive. NEO enables companies to store information and create digital identities on the blockchain and provides an alternative to the traditional centralised banking system through its decentralised finance (DeFi) apps. NEO also allows users to create, register, trade …
“China’s Ethereum” | NEO: The Smarter Smart Contract Platform Read More »
Although traditional centralised enterprise-owned storage services such as DropBox, Amazon Web Services, and Google can store data, decentralised storage platforms that use blockchain technology have blown these networks out of the water with their capability and potential. Unlike traditional storage services, a decentralised network gives way to a free marketplace that is even more hyper-competitive. …
Filecoin Partners With Lockheed Martin Leveraging Decentralised Data Storage Solutions Read More »
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Platypus Terminal does not provide any investment advice, nor is anything mentioned an offer to sell, or a solicitation of an offer to buy any security or other instrument. Anything discussed is for informational purposes only and does not address the circumstances or needs of any particular individual or entity. Investing in Cryptocurrencies is high risk. Under no circumstances should investments be based solely on the information provided. We do not guarantee the security or completeness of our information, and are not held liable.
