#Decentralized #cryptocurrency networks must ensure that no money is being spent twice. For this the networks employ a "consensus mechanism,".

There are 2 significant consensus mechanisms - PoW & PoS

Let’s find out what they are: https://www.lcx.com/proof-of-stake-vs-proof-of-work-key-differences/

There are two types of exchanges: #Decentralized and #Centralized. Let’s find out what is CEX and DEX

📖Read: https://www.lcx.com/cex-dex-whats-the-difference/

What is decentralized stablecoin?

Decentralized #StableCoin is algorithmic and not backed by any centralized authority.

Learn more about #decentralized stablecoins here: https://www.lcx.com/decentralized-stablecoin/

Crypto industry has come forward with many assets nowadays

With the advancement in #decentralized finance, today we have #DeFi terminals, wallets and even tokens

Get to know more about DeFi tokens here: https://lcx.com/all-about-defi-tokens/