Altcoin Analysis
Solana, in simple terms
Solana is a layer 1 blockchain that is built to host decentralized applications (dapps).Ā
Through smart contracts, applications can run on the blockchain without centralized authorities.
For example, decentralized exchanges like Jupiter, stablecoins like USDT, and oracle s...
DOG, in simple terms
DOG is a decentralized, community-led memecoin launched in April 2024.
Being a memecoin, it has no use case. You can'tĀ doĀ anything with DOG.
However, coins without use cases can do great regardless of their "uselessness".
In fact, the memecoin sector is the best-performing s...
Brett, in simple terms
Brett is a decentralized memecoin launched in February 2024.Ā
It is built on Based, an L2-chain developed by Coinbase and built on top of Ethereum.
As a memecoin, Brett has no use case, you canāt do anything with it.
Its value then, is almost completely a function of hyp...
Ā
Pepe, in simple terms
Pepe is theĀ third largest memecoin in terms of market cap.
The token was launched on Ethereum in 2023 and grew to become one of the largest memecoins in record time.
Despite the uselessness, the Pepe increased 8X from $500M in market cap to over $4B in 2024:
As you ca...
PYTH, in simple terms:
The Pyth Network (PYTH) is designed to solve the so-called "Oracle Problem".Ā
Blockchains can't access external dataĀ (like weather, sports events, or stock prices)Ā because they are closed systems.Ā There is a "gap" between the blockchains and the world outside them.
Oracles ...
The Problem
Every app, programs, or newsletter require some kind of information to work.
To get the relevant information without too much work, one needs it to be organized.
On the internet, it is easy: you can just google the information or get the information automatically from a website.
Now,...
What's the Purpose of Arbitrum?Ā
Arbitrum is a project that aims to scale Ethereum.
Why does Ethereum need scaling?
The blockchain has become very popular in recent years with thousands of dApps being built on top of it.
The problem is that the network is relatively slow. It is not able to han...
Immutable, in simple terms
Immutable is a Layer 2 solution on Ethereum that seeks to address web3 gaming challenges.
As a Layer 2, it's designed to scale Ethereum by offering:
- Lower transaction fees
- Increased transaction volume
- Improved user experience
In web3 gaming, it is especially impo...
Superverse, in simple terms
Superverse is a project that aims to solve a lack of interoperability in blockchain gaming.
To understand the interoperability problem, one needs to understand the importance of true ownership.
An important feature of web3 games is that gamers can have true ownership o...
A.S.I. Alliance, in simple terms
The ASI Alliance is a group of three organizations that joined forces to create a decentralized super-intelligent AI.
The three organizations in the alliance are:
- SingularityNET: A decentralized marketplace for AI services, aiming to create Artificial General In...
