Decrypt U Explainers - Decrypt

08/01/2023 18:52

Read the latest Bitcoin and Ethereum news from Decrypt. Get the latest on cryptocurrency prices, breaking news, and more about Bitcoin and blockchain.

AI and Music human v machine/Rodrigo Martinez

What is Worldcoin? Sam Altman's Eye-Scanning Global ID 'Orb' Project Explained

Worldcoin has introduced a concept called “proof of personhood" to keep AI bots out of its global financial network.

What is Dogecoin?

Dogecoin is a peer-to-peer cryptocurrency based on a popular Internet meme. The token started off as a joke, but it's become a serious proposition.

What Is XRP? The Cryptocurrency Created by Ripple Founders

XRP is a type of cryptocurrency designed to help banks move money more quickly, and cheaply than existing methods. It is largely spearheaded by Ripple.

An artistic rendering of liquidity pools Rodrigo Martinez/Decrypt

What Are Play-to-Earn (P2E) Games?

Unlike in regular games, where in-game items are held on walled-off data networks and owned by the companies that created the game, NFTs enable players to own the unique assets that they purchase.

What is Bitcoin Cash?

Bitcoin Cash was a hard fork of Bitcoin. The split took place in 2017 and since then, Bitcoin Cash has become one of the largest cryptocurrencies to emerge from Bitcoin. It has made a number of subtle but significant changes to distinguish itself from Bitcoin, namely larger block size and faster transaction times.

What Is Tether (USDT), the Token With the Record $83.6 Billion Market Cap

Tether is a type of cryptocurrency known as a stablecoin, that’s pegged to the price of the U.S. dollar. Here’s everything you need to know.

quick pepe coin c. Rodrigo Martinez

What Is PepeCoin (PEPE)?

PEPE’s official Twitter account describes the token as the “most memeable memecoin in existence."

web3-and-nft c Rodrigo Martinez/Decrypt 2022

What Are Ordinals? A Beginner's Guide to Bitcoin NFTs

The Bitcoin community has gone wild over Ordinal Inscriptions, but what is the new thing taking over Crypto Twitter?

An illustration of Bitcoin sign with blockchain nodes around it c. Rodrigo Martinez

What Determines the Price of Bitcoin?

Considered by some to be a currency without a state, the price of Bitcoin (BTC) has rapidly ascended and descended. What determines the current Bitcoin price?

canto Rodrigo Martinez

What Is Canto? The Token That Rallied 700% in a Month

What is Canto and what is behind its astronomical spike?

nft creation c Rodrigo Martinez/Decrypt 2022

Why NFTs Were Invented

Everything ever invented came into existence in order to solve a problem. In the case of NFTs, they were created to address the limitations of their predecessors, which were created on the Bitcoin blockchain.

web3 and nft networked devices c. Rodrigo Martinez/Decrypt 2022

What Is Web3 and What Is Its Role in NFTs?

The internet is slowly evolving into its third iteration — Web3. How will NFTs be incorporated into the Web3 paradigm?