Wrapped Tokens – Breaking the Barriers between Blockchains

Wrapped Tokens – Breaking the Barriers between Blockchains

Blockchain technology is rapidly growing in popularity. Many decentralized networks are coming up. Developers are thinking outside the box to exploit the technology’s potential. Additionally, developers continue to recognize that the blockchain requirements are too vast for one application to meet. The situation has given rise to the need for interoperability (connecting different chains).

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Introducing BTCB – Binance’s Bitcoin-Pegged Token

The industry is growing, and expectations heightening

Bitcoin has earned a position as a major 21st-century disruptive technology especially in the financial sector. Many users are joining the digital currency ecosystem due to its benefits to individuals, industries, and society in general. As the cryptocurrency industry grows, new expectations come up. The institutions in the industry are working hard to meet these expectations by developing new use cases of cryptocurrencies, especially Bitcoin. Binance, in June 2019, launched BTCB, which adds a new dimension to bitcoin usability.

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Flamingo

Flamingo is a decentralized finance protocol (DeFi) that combines multiple DeFi applications under one ecosystem. These applications include a cross-chain blockchain asset gateway (wrapper), a blockchain asset vault, an on-chain decentralized exchange (Swap), a perpetual contract trading protocol (perp), and a decentralized autonomous organization (DAO).

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Pig Token

The Case of Pig Token Finance and Why It’s Causing Ripples in the Crypto Space

The growth of the cryptocurrency and blockchain industry can only be described as phenomenal. But while it was somehow predictable that cryptocurrencies would bring a lot of disruptions, especially after Bitcoin took off at the core global financial crisis, no one anticipated cryptocurrencies with crazy names and ideas could cause much disruption as they do today.

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Bitcoin Cash

Bitcoin Cash is a peer-to-peer (P2P) electronic cash system, much like Bitcoin, aiming to facilitate fast global money transfers at ultra-low costs and with high-level privacy. Bitcoin Cash is a fork of Bitcoin developed by a group of Bitcoin developers that split due to dissatisfaction over Bitcoin’s scalability direction.Thus, Bitcoin Cash’s high transaction capacity remains its most salient feature over Bitcoin.

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