Explore the world of cryptocurrencies
Cryptocurrencies are digital currencies based on blockchain technology. They enable secure, transparent and decentralised financial transactions - without intermediaries such as banks.
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01. How does cryptocurrency work?
The technology behind cryptocurrencies is blockchain - a distributed ledger that records all transactions. When someone sends or receives a crypto, the data is encrypted and entered into the blockchain, which is checked by the network's computers.
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02. Why are cryptocurrencies important?
There are several important things that make cryptocurrencies unique and valuable: /p>
Decentralisation - no central governing authority. Transparency - all transactions are publicly verifiable. Security - with advanced cryptographic protection. Low cost - international transfers are faster and cheaper.Examples of popular cryptocurrencies:
Bitcoin (BTC): the first and best-known cryptocurrency. Ethereum (ETH): a platform for smart contracts. Solana (SOL), Polkadot (DOT), Cardano (ADA): next generation blockchain projects.
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03. Cryptocurrency storage
Digital currencies are stored in cryptocurrency wallets:
Hot wallets (online): fast access but higher risk. Cold wallets (offline): more secure, ideal for long-term storage.
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04. AURA and cryptocurrencies
The AURA ecosystem is an integral part of cryptocurrency solutions. Our integrated products enable:
Management of digital assets Decentralised financial operations (DeFi) Tokenization and smart contract execution.
What Is a Wrapped Token?
Wrapped crypto tokens are digital assets that mirror the value of a cryptocurrency from another blockchain.
They are designed to enhance interoperability, enabling assets from one blockchain to be used and traded on a different network — for example, using Bitcoin or Ethereum on the Solana blockchain.
Wrapped tokens play a vital role in decentralized finance (DeFi) by allowing smoother, faster, and more flexible movement of assets across various blockchain ecosystems.
By using wrapped assets, users can enjoy:
- Lower transaction fees
- Faster execution speeds
- Access to DeFi protocols on other chains
- Cross-chain trading opportunities
Examples of popular wrapped tokens on Solana:
- Wrapped BTC (wBTC) – Bitcoin on Solana
- Wrapped ETH (wETH) – Ethereum on Solana
- Wrapped BNB (wBNB) – Binance Coin on Solana
- Wrapped Dogecoin (WDOGE) – Doge coin on Solana
- Wrapped SOL (wSOL) – Native SOL, used in wrapped form for DeFi and DEXs
