Independent crypto research

The chains that
move value, explained.

Deep, jargon-free analysis of Stellar, the XRP Ledger, and the Cosmos IBC ecosystem — consensus, tokenization, stablecoins, and interoperability.

3
3 yrs
Free
XLM XRP IBC
Three ecosystems, in depth

Pick a network and go deep.

Evergreen explainers built to answer the questions people actually search — then point you to the latest thinking.

Stellar XLM

Federated Byzantine consensus, asset issuance, anchors, and the network quietly winning real-world payments.

Consensus (SCP)TokenizationStablecoinsSoroban
Explore Stellar

XRP Ledger XRP

The RPCA consensus model, native DEX, on-ledger payments, and RLUSD — built for value transfer at speed.

Consensus (RPCA)Native DEXPaymentsRLUSD
Explore XRP

Cosmos & IBC ATOM

The internet of blockchains: how IBC moves assets between app-chains, plus Axelar, Akash and the wider interchain.

IBCCometBFTAxelarAkash
Explore Cosmos
Built to be understood

Diagrams that make the protocol click.

Every explainer pairs plain-language writing with a clean visual — so consensus, bridging, and tokenization stop being abstract.

  • How it works, step by step — not just what it does.
  • Honest trade-offs, dated and sourced.
  • One question per page, answered fully.
Sample · how IBC moves a token
How IBC moves a token A token moves from Chain A (which locks it) through a Relayer (which proves and relays the transaction) to Chain B (which mints a voucher), secured by light-client proofs with no trusted third party. CHAIN A locks token RELAYER proves + relays CHAIN B mints voucher light-client proof · no trusted third party
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