In the cryptoverse, a fork happens when a section of a blockchain’s community decide to go in a new direction and change its rules (protocol) by modifying its code. Now we know what you’re thinking here: that’s a bit like when a band splits over musical differences, right? Or when a company breaks into […]
RhinoLearn: What is Forking? Read More »
You may have seen Wrapped Bitcoin or Wrapped Ethereum (wBTC or wETH) pop up when using rhino.fi, and be wondering what these assets are all about. Essentially, wrapped tokens are copies of the original asset, created for other blockchains. In other words, they allow assets to be traded on chains other than the one they’re
RhinoLearn: What are Wrapped Tokens? Read More »
A bridge in the digital world functions exactly the same as a bridge in the physical world: it allows you to cross between territories that would otherwise be cut off from one another. In the physical world, bridges are used to connect two pieces of land. In the digital world, they’re used to connect blockchains.
What Are Bridges in Crypto? Crypto Bridges Explained Read More »
Today DeversiFi becomes rhino.fi: the first multi-chain platform to bring you all the best DeFi opportunities in one place. We’ve already pioneered the development of instant, gas-free trading on Ethereum layer 2. Now, as rhino.fi (pronounced rhi-no-fy), we want to unlock the full potential of multi-chain and allow the next million users to enjoy everything
Introducing rhino.fi: A Frictionless Gateway to Multi-chain DeFi Read More »
Swaps and trades are very similar in the cryptoverse. So similar, in fact, that they are often confused. Both allow you to obtain the assets you want, and both can be conducted quickly and seamlessly through apps such as rhino.fi. However, there are important differences to bear in mind. And in this edition of RhinoLearn
Crypto Swap vs Trade: A Beginner’s Guide Read More »
An application programming interface, otherwise known as an API, sounds really complicated. But actually, it’s very simple: it’s a software product that allows two programmes or applications to talk to one another. This is the basis of API trading, which is a popular option for advanced traders on rhino.fi, particularly those with software programming experience.
What Is API Trading? Read More »
The crypto world was originally built for active traders. You could buy and swap one currency for another, but couldn’t access the passive income opportunities that are available in the traditional fiat world. However all that changed with the emergence of programmable blockchains such as Ethereum, which can be used as a basis for the
Staking in Crypto: What is Staking & What Are the Benefits? Read More »
Automated Market Makers (AMMs) and liquidity pools allow you to trade virtual currencies instantly, without the need for either a conventional middleman or a partner on the other side of the trade. Ok, that’s the top-line, but there’s loads of other stuff you should know about this concept as it’s very much on the tip
What are AMMs and Liquidity Pools? Read More »
A rollup is a platform that is designed to solve Ethereum’s scalability problem. The platform takes transactions off the main Ethereum blockchain, which is extremely congested, and processes them independently. Because the transactions occur off the main network, users do not face the lengthy delays and soaring gas fees. Rollups take their name because unlike
What Are Rollups? | ZK vs Optimism Rollups Explained Read More »
The term ‘DEX’ stands for decentralised exchange and it’s an acronym you’ll hear loads in the DeFi world. Several of the most popular platforms and ecosystems in the DeFi space are DEXs. rhino.fi is a DEX, for example, as are UniSwap and CowSwap. This is in contrast to platforms such as Binance and Coinbase, which
What is a DEX? Decentralised Exchanges Explained Read More »
