Rhino Learn

What Is API Trading?

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. …

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Staking in Crypto: What is Staking & What Are the Benefits?

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 …

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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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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 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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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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Blockchain Layer 1 vs Layer 2: What’s the Difference?

The terms ‘layer 1’ and ‘layer 2’ refers to a blockchain with two distinct tiers.   Layer 1 is the primary network which sets the rules for transactions and provides a central ledger, which is updated whenever any transaction takes place. Layer 2 is a network of third-party satellites. These platforms and applications are built …

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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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