The Lightning Network is a “layer 2” payment protocol that operates on top of the Bitcoin blockchain. It is designed to enable fast transactions among participating nodes and has been proposed as a solution to the Bitcoin scalability problem. Understanding the Bitcoin Lightning Network The Lightning Network is a second layer added to Bitcoin’s blockchain… Continue reading What is the Bitcoin Lightning Network?
Category: Web3
PayPal’s Halal U.S. Dollar Stablecoin: Bridging Islamic Finance and Digital Currency
PayPal’s U.S. Dollar Stablecoin: A Step Towards Halal Digital Currency In the ever-evolving world of digital currencies, PayPal has taken a significant step by launching its U.S. dollar-denominated stablecoin, PayPal USD (PYUSD). For those in the Muslim community, the question arises: How does this fit into the realm of Halal finance? What is PYUSD? PayPal… Continue reading PayPal’s Halal U.S. Dollar Stablecoin: Bridging Islamic Finance and Digital Currency
10 Essential Tips for Doing Your Own Research on DeFi Yield Farms
10 Tips to DYOR on DeFi Yield Farms Decentralised Finance (DeFi) has revolutionised the financial landscape by providing open, permissionless, and highly efficient financial services. One of the most popular DeFi activities is yield farming, where users can earn passive income by providing liquidity to DeFi protocols. However, like any investment, it’s crucial to do… Continue reading 10 Essential Tips for Doing Your Own Research on DeFi Yield Farms
Embracing the Future: The Rise of Telegram Trading Bots Revolutionising Crypto Trading
The Rise of Telegram Trading Bots In recent years, the use of Telegram trading bots has seen a significant increase. These bots, like Unibot, are transforming the way traders interact with the cryptocurrency market. They offer a range of features that make trading more convenient and efficient, attracting more users to the crypto space. Convenience… Continue reading Embracing the Future: The Rise of Telegram Trading Bots Revolutionising Crypto Trading
Is Crypto Yield Farming Halal or Haram: Are Liquidity Pools Haram?
The decentralised finance (DeFi) space has introduced us to new forms of generating returns from our digital crypto assets. One of these innovative methods, commonly referred to as yield farming, has taken the crypto world by storm. In this guide, we will delve deep into yield farming, explaining its mechanisms, exploring its risks, discussing its… Continue reading Is Crypto Yield Farming Halal or Haram: Are Liquidity Pools Haram?
Islamic NFT Marketplaces: Exploring Opportunities and Challenges in the Halal Digital Asset Space
The non-fungible token (NFT) market is booming, with sales reaching $25 billion in 2021. However, the Islamic NFT market is still in its early stages of development. There are a number of opportunities and challenges associated with Islamic NFT marketplaces. Opportunities The growth of the Islamic NFT market is being driven by a number of… Continue reading Islamic NFT Marketplaces: Exploring Opportunities and Challenges in the Halal Digital Asset Space
What are Layer 1 Blockchains? A Comprehensive Overview of the Top Layer 1 Protocols
Blockchain technology has witnessed rapid development in recent years, leading to the emergence of various layer 1 blockchains. Layer 1 refers to the foundational layer of a blockchain network, responsible for consensus, transaction validation, and overall security. In this article, we will explore the concept of layer 1 blockchains and provide a concise overview of… Continue reading What are Layer 1 Blockchains? A Comprehensive Overview of the Top Layer 1 Protocols
Ultimate Guide to the Top 10 Halal Cryptocurrencies of 2023
As the world embraces the decentralised revolution, the demand for halal investment options has surged. In this comprehensive guide, we bring you the most anticipated list of the “Top 10 Halal Cryptocurrencies of 2023.” Brace yourself for a thrilling journey through the digital realm as we explore the crème de la crème of layer 1… Continue reading Ultimate Guide to the Top 10 Halal Cryptocurrencies of 2023