Binance, the world’s biggest crypto exchange by trading volume, is giving away a new Ethereum-based altcoin.
Free Crypto for BNB Holders
The exchange is adding Caldera (ERA) to its HODLer Airdrops program. This program rewards people who hold BNB (Binance’s cryptocurrency) with free crypto. The airdrop is based on snapshots of BNB balances.
What is Caldera (ERA)?
Caldera describes itself as “the internet of rollups.” It’s a platform that helps developers build faster, cheaper, and more secure Ethereum-based layer-2 scaling solutions. Think of it as a system that makes it easier to create and connect different blockchains that work on top of Ethereum. Caldera’s “Metalayer” simplifies the process, letting developers focus on building their apps instead of worrying about complex interoperability issues.
How Caldera Works
Caldera’s Metalayer has three main parts:
- Execution Layer: Connects Ethereum and Caldera chains.
- Settlement Layer: Allows super-fast communication between chains.
- Development Kit: Provides tools for developers to easily build interoperable apps.
Disclaimer:
This information is for general knowledge only and is not financial advice. Always do your own research before investing in cryptocurrencies./p>