About Automated Market Maker!

What Is an Automated Market Maker (AMM)?

You could think of an automated market maker as a robot that’s always willing to quote you a price between two assets. Some use a simple formula like Uniswap, while Curve, Balancer and others use more complicated ones.

Not only can you trade trustlessly using an AMM, but you can also become the house by providing liquidity to a liquidity pool. This allows essentially anyone to become a market maker on an exchange and earn fees for providing liquidity.

AMMs have really carved out their niche in the DeFi space due to how simple and easy they are to use. Decentralizing market making this way is intrinsic to the vision of crypto.

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About Digital Signature

A digital signature is a cryptographic mechanism used to verify the authenticity and integrity of digital data. We may consider it as a digital version of the ordinary handwritten signatures, but with higher levels of complexity and security.

In simple terms, we may describe a digital signature as a code that is attached to a message or document. After generated, the code acts as proof that the message hasn’t been tampered with along its way from sender to receiver.

Although the concept of securing communications using cryptography dates back to ancient times, digital signature schemes became a possible reality in the 1970s — thanks to the development of Public-Key Cryptography (PKC). So, to learn how digital signatures work, we need to first understand the basics of hash functions and public-key cryptography.

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About Nodes!

The definition of a node may vary according to the context. When it comes to computer or telecommunication networks, nodes may act either as a redistribution point or as a communication endpoint. Usually, a node consists of a physical network device, but there are some cases where virtual nodes are used.

A network node is a point where a message can be created, received, or transmitted. Hereby we will discuss the different types of Bitcoin nodes: full nodes, supernodes, miner nodes, and SPV clients.

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About Multisig Wallet

As a simple analogy, we can imagine a secure deposit box that has two locks and two keys. One key is held by Alice and the other one is held by Bob. The only way they can open the box is by providing their both keys at the same time, so one cannot open the box without the consent of the other.

Basically speaking, the funds stored on a multi-signature address can only be accessed by using 2 or more signatures. Therefore, the use of a multisig wallet enables users to create an additional layer of security to their funds. But before going further, it is important to understand the basics of a standard Bitcoin address, which relies on a single key instead of multiple (single-key address).

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About WEB3 🌐

Web 3.0 (also known as Web3) is the next generation of Internet technology that heavily relies on machine learning, artificial intelligence (AI), and blockchain technology. The term was created by Gavin Wood, Polkadot’s founder and the co-founder of Ethereum. While Web 2.0 focuses on user-created content hosted on centralized websites, Web 3.0 will give users more control of their online data.
The movement aims to create open, connected, intelligent websites and web apps with an improved machine-based understanding of data. Decentralization and digital economies also play an important role in Web 3.0, as they allow us to place value on the content created on the net. It’s also important to understand that Web 3.0 is a changing concept. There is no single definition, and its exact meaning can differ from person to person.

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About Cookies!

Cookies are text files that your web browser stores on your computer. When you visit a website, it might want to know a little about you in case you come back again (maybe you’ve selected some preferences or logged into your account). In essence, cookies save you the trouble of reentering the information later.

It’s hard to navigate the Internet these days without coming across a box asking you to Accept All Cookies before you proceed. Perhaps you’re one of those mythical beasts that actually bother to read the cookie and privacy policies. In reality, though, most of us will just accept them without a second thought.

You might have heard that Cookies have something to do with improving your experience. They’re often used to tailor site content to your own preferences like storing items in your online shopping cart between sessions, for example.

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Online Cold Wallet

Online Cold Wallet

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