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LBRY (pronounced "library") [4] is a blockchain-based file-sharing and payment network that powers decentralized platforms, primarily social networks and video platforms.In September 2020, Odysee was created, a video hosting platform created and founded by Julian Chandra, an open-source video-sharing website that uses the network, which was split into a separate company on October 1, 2021.
See Figure: Multi-layered Architecture of the DeFi Stack). While they share common components of the first four layers, such as the Settlement layer, Asset layer, Protocol layer and Application layer, DEX aggregators have an additional component or Aggregator layer, which allows them to connect and interact with other DEXs via smart contracts.
Polygon (formerly Matic Network) is a blockchain platform which aims to create a multi-chain blockchain system compatible with Ethereum.As with Ethereum, it uses a proof of stake consensus mechanism for processing transactions on-chain.
1inch deploys on Avalanche as the integration aims to provide 1inch users access to Avalanche-based liquidity sources and more..
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An airdrop is an unsolicited distribution of a cryptocurrency token or coin, usually for free, to numerous wallet addresses. Airdrops are often associated with the launch of a new cryptocurrency or a DeFi protocol, primarily as a way of gaining attention and new followers, resulting in a larger user base and a wider disbursement of coins. [1]
Social network aggregation is the process of collecting content from multiple social network services into a unified presentation. Examples of social network aggregators include Hootsuite or FriendFeed , which may pull together information into a single location [ 1 ] or help a user consolidate multiple social networking profiles into a single ...
Axie Infinity is a blockchain game developed by Vietnamese studio Sky Mavis, [1] known for its in-game economy [2] which uses Ethereum-based cryptocurrencies. [3] It has been called 'a pyramid scheme that relies on cheap labor from countries like the Philippines to fuel its growth.' [4]