Assets · ProfileWhat is Bitcoin, and how does it work without a bank in charge?Bitcoin was the first cryptocurrency and is still the reference point for the rest. This profile sticks to what its founding documents and official sources actually say.7 min readSection
Assets
Each profile answers the same questions from official documentation: what it is, how it reaches agreement, how supply works and what can go wrong. We do not publish prices or rankings.
10 pages in this section
Assets · ProfileWhat is Bitcoin, and how does it work without a bank in charge?Bitcoin was the first cryptocurrency and is still the reference point for the rest. This profile sticks to what its founding documents and official sources actually say.7 min read
Assets · ProfileWhat is Ethereum, and what is ether actually for?Ethereum is a shared computer as much as a payment network. This profile explains how it runs, how ether is created and destroyed, and where things have gone wrong.7 min read
Assets · ProfileWhat is USD Coin (USDC), and how does it stay worth a dollar?USDC is a dollar token issued by Circle. This profile explains what backs it, who can swap it for real dollars and what happened when its peg broke in 2023.7 min readLogos are trademarks of their respective owners, shown for identification only. Bitfolio is not affiliated with or endorsed by them.
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Assets · ProfileWhat is Tether (USDT), and what really stands behind each token?USDT is designed to stay worth one US dollar. Whether it does depends on the company behind it, so this profile focuses on how issuance, reserves and redemption actually work.
Assets · ProfileWhat is Solana, and how does it try to be so fast?Solana was designed for speed, using a built-in clock to order transactions. This profile explains how that works, how new SOL is issued and what happened when the network stopped.
Assets · ProfileWhat is XRP, and how does the XRP Ledger work?XRP is the native currency of the XRP Ledger, a payments-focused blockchain that runs without mining. It is also the asset at the centre of one of the most closely watched US securities cases in crypto.
Assets · ProfileWhat is BNB, and how does BNB Chain work?BNB began as the token of the Binance exchange and is now the fuel of BNB Chain, a smart-contract network run by a small, elected set of validators. Its supply is designed to shrink through regular burns.
Assets · ProfileWhat is Cardano, and how does ada work?Cardano is a proof-of-stake blockchain built around peer-reviewed research and upgraded in named stages. Its currency, ada, pays fees, is delegated to stake pools and now gives holders a vote on how the network changes.
Assets · ProfileWhat is Dogecoin, and how does it work?Dogecoin started in 2013 as a joke built on an internet meme. It is a proof-of-work cryptocurrency with a fixed reward per block and no maximum supply, which sets it apart from coins with a fixed limit.
Assets · ProfileWhat is Chainlink, and what is the LINK token for?Chainlink is a network of independent node operators that deliver outside data, such as prices, to smart contracts on blockchains like Ethereum. LINK is the token used to pay them and to back their work through staking.