Questions tagged [protocol]

ZenMind Sat Oct 19 2024 | 5 answers 978

I'm curious about the inner workings of Band Protocol. How does it function and what are the mechanisms behind its operations?

SeoulSerenitySeekerPeaceLover Fri Oct 18 2024 | 6 answers 966

I'm trying to understand if EigenLayer is considered a protocol. I've heard about it in the context of blockchain and decentralized technologies, but I'm not sure if it falls under the category of a protocol.

CryptoAce Fri Oct 18 2024 | 5 answers 1377

The MobileCoin protocol is a privacy-focused payment network designed specifically for mobile devices. It aims to provide secure and efficient currency exchange services, utilizing advanced technologies like Intel SGX and CryptoNote for transaction privacy and security. The protocol also features a fast and efficient consensus mechanism, making it suitable for quick and anonymous transactions on the go.

alexander_watson_astronaut Fri Oct 18 2024 | 7 answers 1720

The GFI protocol is an Ethereum-based token utilized by Goldfinch, a decentralized credit protocol. It enables governance, staking for incentives, and voting rights within the Goldfinch ecosystem, aiming to expand financial inclusivity through unsecured crypto loans.

Raffaele Fri Oct 18 2024 | 0 answers 0

I'm trying to understand the distinction between a coin, a token, and a protocol in the cryptocurrency world. Could someone explain the key differences between these three terms?