Though a central hub for developers, the exorbitant cost of gas on the Ethereum network has diverted the attention of non-fungible token (NFT) enthusiasts to other platforms. One such platform is the…
Tag: Explained
Solanascan Alternative Solscan Explained | Moni Talks
If you are planning to purchase Solana-based tokens, you should never miss the powerful Solanascan alternative SolScan. With this blockchain explorer, you can track everything related to the cryptocurrency, including transactions, blocks,…
Dogechain Bridge Explained | Moni Talks
Dogechain bridge allows holders of $DOGE coin to gain more utility for their coins beyond transactions. This year has been a rollercoaster for crypto lovers. From TerraLuna’s collapse to FTX’s bankruptcy, many…
Augmented Reality Tokens Explained | Moni Talks
As non-fungible tokens (NFTs) continue to make waves, the possibilities of the digital and physical world colliding have grown with augmented reality. Augmented reality tokens have grown in popularity since the metaverse…
Quant Coin Explained | Moni Talks
The Quant Network serves as the foundation of the Quant project. Quant coin is its native token. The network uses the Overledger operating system to automate the trust processes between various blockchains….
Do Kwon Red Notice Explained
On 15 September, 2022, South Korean prosecutors announced they had requested the international crime agency Interpol to issue Terra Labs co-founder Do Kwon a red notice. The red notice is an international…
Yield Farming Crypto Explained | Moni Talks
Yield farming drove the decentralised finance (DeFi) explosion in 2020. Risk-tolerant investors recognised the potential of yield farming crypto and took advantage of the chance to earn “free” interest on their cryptocurrencies….
NFT Farming Explained | Moni Talks
NFT farming is based on token staking and liquidity farming concepts, with users staking native tokens to earn an additional yield via an NFT-based reward. Unlike conventional staking, which pays out the…
Decentralised Blockchain DNS Servers Explained
A decentralised blockchain DNS server is a system that registers, manages, and resolves domain names on the blockchain. The server works like a conventional DNS server with one major difference, decentralisation. Decentralisation…
Blockchain for Dummies: The Tech Explained
Confused by cryptocurrency tech? You need a Blockchain for Dummies guide. The way blockchain records data makes it difficult or impossible to hack, change, or cheat the system. The decentralised database, controlled…
Meme Coins Explained | Moni Talks
The simple answer to the question ‘what are meme coins’ is that they are coins inspired by a joke on existing popular cryptocurrencies. Most meme coins are short-term gain coins, meaning they…
NRCH Crypto: EnreachDAO Explained | Moni Talks
NRCH crypto is a new cryptocurrency that uses the Enreach algorithm What is the EnreachDAO Algorithm? The EnreachDAO(NRCH) currency is designed to be more secure and efficient than other cryptocurrencies. It offers…
Flare Network Explained | Moni Talks
First, let me tell you what the Flare Network is. It is a new blockchain network researching the future of blockchain technology. It makes it possible to use XRP tokens with smart…
Cosmos Crypto Explained | Moni Talks
Cosmos crypto is a network of numerous autonomous blockchains known as zones. The zones are driven by Tendermint BFT, which provides a high-performance, reliable, and secure PBFT-like consensus engine with stringent fork-accountability…
Blockonomics Explained | Moni Talks
Blockonomics has gradually become synonymous with the use of cryptocurrencies in electronic commerce (e-commerce) stores. Millions of people in today’s world are open to the use of cryptocurrencies due to the possibilities…
Yuga Labs Explained | Moni Talks
Yuga Labs, since its launch in 2021, has become an influential blockchain company that is shaping the Web3 ecosystem. Its service offering has made it popular among non-fungible token (NFT) enthusiasts. The…
Solana Doodle Apes Explained
The Solana Doodle Apes project is a collection of community-driven non-fungible tokens. If you are into NFTs, you must be familiar with the Bored Ape Yacht Club collection, which introduced funky ape…
Fortify NFT Explained
Fortify NFT boosts the value of your products. It combines blockchain and NFC technology to increase brand trust and engagement. The platform offers a secure module (NFC crypto chip) that enhances your…
RMRK coin: Benefits and uses explained
RMRK is a set of NFT standards that compose several “2.0 lego” primitives, allowing users to create NFT systems of arbitrary complexity. RMRK coin is its token. Origins of RMRK Bruno Kvorc,…
Okay Bears NFT Explained | Moni Talks
One exciting Solana project is Okay Bears NFT. Launched on 26 May and quickly gaining popularity, the project has introduced 10,000 NFTs. At the time of the launch, each Bear NFT cost…