Beginner

What is DeFi? Decentralised Finance Explained

Decentralised finance, or DeFi, is a reboot of the traditional financial system which removes the need for central intermediaries such as banks, exchanges and pension funds. No-one owns it and anyone can access it. This new system harnesses the potential of decentralised blockchains such as Ethereum, which can execute transactions without requiring a human to …

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What is a DEX? Decentralised Exchanges Explained

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 …

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What are Ethereum Gas Fees? Ethereum Gas Explained

Gas fees are an all-too-common topic within the crypto ecosystem.  You may have seen people complaining about how high the fees are for transactions on the Ethereum blockchain, or may have even experienced the problem for yourself.  But what is ‘gas’ and what are these so-called ‘gas fees’? In this edition of RhinoLearn, we’re going …

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What Are Smart Contracts and How Do They Work?

Smart contracts are a big part of what makes Ethereum tick.   In its core structure, Ethereum is similar to Bitcoin and many other blockchains. However, Ethereum is programmable, which means you can add smart contracts on top of its existing structure.   These smart contracts are self-executing programmes that are trained to perform specific …

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Ethereum vs Bitcoin: What’s the Difference?

When crypto hit the mainstream back in the mid (20) teens, there was only one currency anyone had heard of: Bitcoin. In fact, the two terms became almost interchangeable, like Hoovers and vacuum cleaners. Bitcoin was crypto. Crypto was Bitcoin.  But now Ethereum has come to rival Bitcoin, like the Nike and Adidas of blockchain …

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Tokens vs Coins: What’s the Difference?

Coins and tokens are easily confused.  Both are forms of cryptocurrency, and their functions tend to overlap. Many commentators (rather lazily) use the two terms interchangeably, which only adds to the befuddlement of everyday users. However there are several significant differences between coins and tokens. In this edition of RhinoLearn, we’ll take you through the …

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What Is A Crypto Wallet? Cryptocurrency Wallets Explained

A crypto wallet is a form of digital storage that is specifically designed to store, spend and receive cryptocurrencies. This is the very foundation of crypto, the basecamp from which all services and possibilities are reached. However there’s still loads of misunderstanding around crypto wallets and how to use them. So in this edition of …

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