Learn about blockchain, cryptocurrencies, DeFi and wallets.
Guarda team prepares articles on the most relevant data for crypto newcomers as well as advanced users.
The Yearn Finance platform provides the opportunity for crypto holders to participate in Yield Farming by interacting with DeFi-protocols. Farming on a blockchain is similar to the usual planting of seeds in the ground for their multiplication.
A decentralized exchange is an exchange that operates on the basis of a distributed ledger, does not store users' funds and personal data on its servers, and acts as a simple search mechanism for orders to buy or sell user assets. Trading on such platforms takes place directly between participants without third parties.
A digital signature is a cryptographic method used to verify the validity and integrity of digital data. It is a digital equivalent of traditional handwritten signatures, with a higher level of complexity and security. Simply put, it is a special code attached to a message or document, acts as proof that the message or document has not been tampered with.
IoT is a class of digital devices that can interact and monitor the environment, report status, receive instructions, and act on the information received. IoT technology is the interconnected network of physical devices, objects, and sensors (for example, thermostats, heart-rate monitors, and home security systems) that communicate with computers and other devices through the Internet.
Atomic swaps can be implemented both on-chain - between two blockchains, and off-chain - outside the blockchain. The concept of cross-chain trading is innovative. Daniel Larimer introduced the P2PTradeX protocol considered to be the first prototype of the atomic swap in 2012. The communities of Bitcoin, Litecoin, Komodo, and Decred have played a significant role in the development and growth of this technology.
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