THE COIN COUNSEL

What Is Polygon (MATIC)? Polygon is a cryptocurrency, with the symbol MATIC, and also a technology platform that enables blockchain networks to connect and scale. Polygon—"Ethereum's internet of blockchains — launched under the name Matic Network in 2017. Polygon was co-founded by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic. The platform now supports over 7,000 blockchain-based projects The Polygon platform operates using the Ethereum blockchain, and connects Ethereum-based projects. Using the Polygon platform can increase the flexibility, scalability, and sovereignty of a blockchain project while still affording the security, interoperability, and structural benefits of the Ethereum blockchain MATIC is an #Erc20 token, meaning that it's compatible with other Ethereum-based digital currencies. MATIC is used to govern and secure the Polygon network and to pay network transaction fees. The Polygon network, as a secondary scali...

On May 22, the cryptocurrency community celebrates international Bitcoin Pizza Day. Less than two years after Satoshi Nakamoto published the nine-page Bitcoin whitepaper, Laszlo Hanyecz legitimized the use of cryptocurrency with the purchase of two pizzas for 10,000 BTC. In the initial days, there weren’t any reliable venues where Bitcoin trades can be conducted. Instead, BTC was traded via direct communication through discussion boards and Internet Relay Chat rooms. This was the time when the cryptocurrency was in the experimental stage,and was worth few cents.The Florida-based programmer, Hanyecz, went on to become the first person to use Bitcoin in a commercial transaction after paying 10,000 BTC for two Papa John’s pizzas on May 22, 2010. At the time of purchase, Bitcoin was worth $41. Today, 10,000 BTC would today cost around $300 million. 

What is NFT? NFT stands for a non-fungible token, which means it can neither be replaced nor interchanged because it has unique properties. Features : Digital Asset - NFT is a digital asset that represents Internet collectibles like art, music, and games with an authentic certificate created by blockchain technology that underlies Cryptocurrency.  Unique : It cannot be forged or otherwise manipulated.  Exchange - NFT exchanges take place with cryptocurrencies such as Ethereum, Polygon, Solana  on specialist sites. Notable Example : Cryptopunks, Bored Ape Yatch Club, Alien Frend, Aliens Networks NFTs is a notable example of an NFT. It enables you to buy, sell and store NFT collectibles with proof-of-ownership. How Does NFT Work? Now that you've taken your initial steps in understanding what an NFT is, you should continue on and learn about how an NFT works. The majority of NFTs reside on the Ethereum cryptocurrency's blockchain, a distributed public ledger tha...

Shiba Inu (code: SHIB), also known as Shiba Token, is a decentralized digital currency created in August 2020 by an anonymous person known as "Ryoshi".The token, dubbed the "DOGE killer" was modeled after Dogecoin and has a market capitalization of over $13 billion as of March 2022. The token's price is low—less than two-hundred-thousandths of a cent—allowing users to "hold billions or even trillions of them with nearly 540 trillion currently in circulation.  Learn more about Shiba Inu Coin visit https://www.shibatoken.com

Dogecoin is a digital currency that was created as a #Joke in 2013 — its name is an allution to a popular Internet meme. It shares many features with #Litecoin. However, unlike Litecoin, there is no hard cap on the number of Dogecoins that can be produced. As of April 17 2021, a single dogecoin was worth approximately $0.30 according to CoinMarketCap That's up from $0.004 at the beginning of the year. The meme currency last made waves in Dec 2017 just ahead of the Jan. 2018 height of the previous crypto bubble in which ended financial ruin for many at that season... Of course, 2021 is not 2018, and the currency market is in a different place now than it was back then.... Are we at the moon Yet ?? MONEY MOONY DOGE... @realcoinhelp

  The Central Bank of Nigeria has instruct banks and other financial institutions to close customers accounts used in trading bitcoin and other cryptocurrencies transactions.   The Nigerian bank regulator #CBN ordered deposit money banks, non-bank financial institutions and other financial institutions to identify persons and/or entities transacting in or operating cryptocurrency exchanges within their systems and ensure that such accounts are closed immediately.  The CBN has been long taken a strict position against cryptocurrencies, which have become a major unit of commerce across the world in recent years.   In October last year, at the height of the #ENDSARS protests, the bank restricted some financial institutions from receiving or making crypto payments. The restricted accounts belonged to predominantly young Nigerians who had either sent or received funds to run the #EndSARS protests. When the major fundraisers, Feminist Coalition, were block...