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How to Fix ” Pancake Router: Insufficient Output Amount” on Pancakeswap
Imagine you’re trying to get in on XYZ token (a newly launched token) on Pancakeswap. You go to Pancakeswap in your Dapps and try to swap your BNB token to XYZ only to receive an error message like this: “The transaction cannot succeed due to error: PancakeRouter: INSUFFICIENT_OUTPUT_AMOUNT.” followed by, “This is probably an issue […]
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Common DeFi Scams And How To Avoid Them
The Cryptocurrency space has been rife with scams and thefts with a lot of DeFi scams happening on a daily basis. These DeFi scams have taken over the Cryptocurrency space with Cryptocurrency scams ripping off over $14 billion worth of Crypto from investors in 2021. These Rug pulls, ICO scams, Honeypots and other forms of […]
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Ethereum 2.0— What It Means For The Ethereum Blockchain
The Ethereum blockchain is currently facing a lot of challenges, from High gas fees that are unaffordable to most cryptocurrency investors to Environmental challenges due to energy usage and Network congestion issues. With the Ethereum blockchain currently processing just Fifteen transactions per second, despite it being the number one blockchain for smart contracts and decentralized […]
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Blockchain Consensus Mechanisms— Proof of Work vs Proof of Stake
The Proof of Work and Proof of Stake consensus mechanisms are the two most used for blockchains in the cryptocurrency space. The traditional Proof of Work consensus is the first to have been used in blockchain technology having been adopted by the Pseudonymous Satoshi Nakamoto for Bitcoin (the first cryptocurrency). While the two biggest cryptocurrencies […]
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What Is Avalanche Network?
Speed, security, Scalability and decentralization are the fundamental requirements for an Ideal block chain. Nevertheless, in the race for the top amongst cryptocurrency platforms for smart contracts and decentralized applications, the majority of blockchains have failed to meet these essential features a good blockchain should have. This Post Contains What Is Avalanche? Brief History […]
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What Is Cardano?
A lot of third generation cryptocurrency projects are rolling out smart contracts and Consensus mechanisms in a bid to offer a more scalable, secure and energy efficient blockchain than the first and second generation cryptocurrencies Bitcoin and Ethereum who use the Proof of Work consensus mechanisms. One of these innovative blockchains is Cardano, a blockchain […]
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What Is A DAO (Decentralized Autonomous Organization)? — How To Create A DAO
With the emergence of Cryptocurrencies and DeFi on the blockchain, the structure of the finance industry is gradually changing. In addition, The surge in popularity of NFTs, Play-to-earn games, Yield farming protocols and other DeFi protocols has raised concerns about how these platforms should be governed. To provide a suitable solution, DAOs (decentralized autonomous organizations) […]
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What Is Solana?
Since the launch of the leading blockchain as an open-source blockchain with smart contract functionality for the creation of decentralized applications, we have witnessed the use of the Ethereum blockchain to launch DeFi projects and deploy DApps on the blockchain. However, as time went on and more people began to troop into the Cryptocurrency space […]
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DeFi Scams: How To Detect ICO Scams, Honeypots, And Rug pulls
DeFi scams are a worrisome trend in the Cryptocurrency space. From Hackers looking to breach the security of DeFi protocols and exploit bugs in smart contracts to scammers who plot to exploit unsuspecting investors and run away with their funds. This Post Contains Popular DeFi Scams And How To Avoid Them. ICO (Initial Coin […]
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Crypto Security: How To Protect Your Cryptocurrencies From Hackers
The challenges posed by Cryptocurrency crimes of recent has been a worrying issue that needs to be addressed. Investors and Companies have both had their own share of the unsavory experience posed by Crypto Hackers and scammers with some Centralized exchanges losing Investors funds to hackers and crypto enthusiasts also losing their cryptocurrencies to Rugpulls, […]