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 two …
Coinbase is a global entry-point to crypto. This centralised exchange has over 89 million verified users in more than 100 countries and is famed for its simple, accessible design. One of Coinbase’s most popular features is its companion wallet, which allows users to trade, swap and invest hundreds of thousands of currencies. And now these …
Stablecoins provide stability. The clue’s kinda in the name, right? In fact they are designed to solve one of the biggest challenges in crypto right now: the volatility of currency valuations. Assets such as bitcoin can fluctuate wildly in price from day to day, because they don’t have anything tangible to fall back on. In …
MetaMask is one of the world’s most popular non-custodial wallets. According to statistics released by blockchain software project ConsenSys in November 2021, it now has more than 20 million monthly active users. That’s a 38x increase on 2020’s figure.  MetaMask is also the dominant wallet on DeversiFi, accounting for the vast bulk of asset …
Up until now, each blockchain has kind of been a world unto itself. It’s walled in behind its own rules, protocols and method of governance. It respects the universal blockchain values – fairness, transparency, accessibility – but interprets them in its own unique way. For users, this has brought practical handicaps. You’ve been unable to …
DeversiFi has worked with Opera, a Web 3 browser with 380 million users, and our own scalability partner StarkWare to create a mobile wallet specifically for layer 2 Ethereum. Â The new wallet will enable millions of Opera users to swap coins and tokens without ever touching the main Ethereum blockchain. Transactions will occur instantly, …
The DAO is DeFi to its very core. This autonomous body removes the need for a faceless board of decision-makers, and allows every stakeholder of a project to control its evolution. Not only that, but it awards power in proportion to involvement. In other words, the more you contribute to the project, the more say …
What is a DAO? Decentralised Autonomous Organisations Explained… Read More »
2.0. It’s become a buzzword in itself, right? A cliched expression that’s applied to all kinds of projects, both innovative and not. But with layer 2 crypto projects, it’s totally on-point. Layer 2 takes Ethereum and makes it better. Its apps are enabling the main network to scale, and fulfil the very mission the founders …
One of the most exciting features on the DeversiFi platform is the DVF DAO and the governance mechanism that powers it. The governance mechanism allows our community to steer the DeversiFi platform in any direction they see fit. The community can decide to spend funds to help grow the platform, fund community events, burn tokens, …
In order to properly understand what smart contracts are and why we would want to use them, we first need to zoom out and understand the earliest cryptocurrencies that existed before the concept of a smart contract had been invented. The first cryptocurrencies that were created (starting in 2009) did not have smart contracts, and …
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