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token-takeaway

Monero: Decentralised Privacy

Monero: Decentralised Privacy

Token Takeaway: XMR; Monero is an open-source, privacy-oriented cryptocurrency that launched in 2014, making it one of the longest-running digital assets in the crypto space. In this Token Takeaway, we will analyse the Monero Network and its native token, XMR. Overview With the introduction of Bitcoin in 2009, many flocked

Synthetix: Creating Carbon Copies of Assets

Synthetix: Creating Carbon Copies of Assets

Token Takeaway: SNX; Synthetix is a decentralised synthetic asset platform. It was built on top of Ethereum and Optimism to provide on-chain exposure to synthetic versions of fiat currencies, commodities, cryptocurrencies and indices. With their unique services and use cases, the Synthetix ecosystem is playing an important role in the

Ethereum: Goodbye Miners, Hello Stakers

Ethereum: Goodbye Miners, Hello Stakers

Token Takeaway: ETH; With the global crypto market cap rebounding to over $1 trillion, all eyes are on Ethereum and its long-awaited Proof of Stake (POS) Merge, which is expected to be implemented on September 19. In anticipation of the merge, the price of Ethereum has surged. In this Token

GateChain: A Gateway to DeFi Applications and a Trading Ecosystem

GateChain: A Gateway to DeFi Applications and a Trading Ecosystem

Token Takeaway: GT; GateChain is a third-generation decentralised public blockchain that offers an institutional-grade on-chain digital asset safety, storage, distribution and a trading ecosystem. GateChain and its native token, GateToken (GT), are also directly affiliated with the Gate.io exchange. Although GateChain is a relatively new blockchain, it is trying

Chainlink: Making Blockchains Relevant?

Chainlink: Making Blockchains Relevant?

Token Takeaway: LINK; In this week's Token Takeaway, we revisit Chainlink. This blockchain-agnostic project greatly expands the capabilities of smart contracts by enabling access to real-world data and off-chain computation. We will also examine the many changes the Chainlink ecosystem has undergone since we last reviewed it earlier

Cardano: Competing in the Most Competitive Crypto Sector

Cardano: Competing in the Most Competitive Crypto Sector

Token Takeaway: ADA; Following a massive surge in the last altcoin season, Cardano, a blockchain platform used to build dApps and smart contracts, has continued to be a dominant force in the crypto world. However, with mainstream presence came a lot of criticism and competition. Nevertheless, with multiple upcoming innovative

Stellar Lumens: Servicing the Unbanked?

Stellar Lumens: Servicing the Unbanked?

Token Takeaway: XLM; In this Token Takeaway, we look at Stellar Lumens (XLM), a blockchain that offers a strong alternative to the current global remittance network by providing fast, secure and inexpensive cross-border payment solutions. With Bitcoin sinking below $20,000 for the first time since December 2020 and the