The future of Litecoin (LTC) in 2024 will likely depend on several factors, including technological developments, market trends, regulatory changes, and broader adoption of cryptocurrencies. Here’s a breakdown of some key aspects that could influence Litecoin’s trajectory in 2024: 1. Technological Developments MimbleWimble Extension Block (MWEB): Litecoin introduced MWEB in […]
Maker (MKR) is a cryptocurrency and governance token that plays a crucial role in the MakerDAO ecosystem, which is a decentralized finance (DeFi) platform built on the Ethereum blockchain. MakerDAO is best known for creating Dai (DAI), a decentralized stablecoin that is pegged to the US dollar. The Maker protocol […]
Mining as a Service (MaaS) is a business model that allows individuals and organizations to participate in cryptocurrency mining without the need to own or manage the hardware and infrastructure themselves. Instead of setting up and maintaining physical mining equipment, users can rent or lease mining power (hashrate) from a […]
Mirror Protocol is a decentralized finance (DeFi) platform built on the Terra blockchain that allows users to create, trade, and hold synthetic assets that track the value of real-world assets. These synthetic assets, called mAssets (Mirror Assets), mimic the price movements of traditional financial assets, such as stocks, commodities, and […]
The Money Transfer Regulators Association (MTRA) is an organization that brings together state regulators in the United States who oversee money services businesses (MSBs), such as money transmitters, payment processors, and other non-bank financial institutions. The MTRA focuses on regulating and ensuring the safety, soundness, and compliance of businesses involved […]
MoreVP, or Minimal Overhead with Reliable Validation and Privacy, is a protocol designed to facilitate secure and efficient off-chain transactions in blockchain networks. MoreVP is particularly associated with Layer 2 scaling solutions, such as state channels and payment channels, and is a crucial part of the Raiden Network, which aims […]
A Multi-DLT Application (mDapp) is a decentralized application (DApp) that operates across multiple Distributed Ledger Technologies (DLTs), such as different blockchains. These applications are designed to interact with and leverage the features of multiple DLTs simultaneously, rather than being restricted to just one blockchain network. Here’s a breakdown of what […]
Nominated Proof of Stake (NPoS) is a consensus mechanism used in blockchain networks, most notably by Polkadot. It’s a variation of the Proof of Stake (PoS) consensus model, designed to enhance security, decentralization, and efficiency in block validation. Here’s an overview of what NPoS is and how it works: What […]
Numeraire (NMR) is the native cryptocurrency of Numerai, a decentralized hedge fund that leverages artificial intelligence and the collective intelligence of data scientists to make financial predictions. Here’s a breakdown of what Numeraire is and why it matters: What is Numeraire (NMR)? Native Token of Numerai: Numerai is a platform […]
NGMI stands for “Not Gonna Make It,” and it’s a term often used in the cryptocurrency and trading communities. It’s used to express skepticism or disbelief about someone’s chances of success, particularly in the context of financial markets or investments. What Is NGMI? Definition: NGMI: An acronym that stands for […]
