Blog.
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What are DApps? Everything there is to know about decentralized applications
Decentralized applications, or DApps, are essentially blockchain-based smart contract-powered versions of apps popularized by the Ethereum network. They act just like traditional apps — a user shouldn’t even notice a difference — but provide much more in terms of a feature set. DApps represent a new way of interacting with personal finance. When one thinks of traditional finance, often money lending, borrowing, savings and similar entities come to mind. Each of these is powered, if…
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What is Polkadot? A beginner’s guide to the decentralized Web3 ecosystem
Polkadot is a next-generation blockchain network and, more generally, an ecosystem providing blockspace for all kinds of Web3 projects. It comprises a heterogeneous multichain framework and has garnered attention from a community of participants, developers and users. It is considered to be one of the most innovative projects in the cryptocurrency space. Powered by DOT (DOT), the network’s native coin, the Polkadot ecosystem tries to resolve many of the limitations associated with blockchains, such as…
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A Crypto Alchemist Made Me an Accidental Billionaire
Few things can turn around a boring winter afternoon like receiving a billion dollars. The amount is there, in its 10-figure glory, glaring from my phone screen in white characters against a charcoal background: $1,112,172,834. Visions of WIRED’s gift and hospitality policy float before my eyes: Staff may not accept “gifts, meals, discounts, travel expenses” over $30. I’d had no plans to become a billionaire. And yet the man messaging me on Signal has decided…
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Complete Guide on Cryptocurrency Security
Cryptocurrency has been in hype since the release of Bitcoin. Now Bitcoin and Ethereum are the top two cryptocurrencies that you can invest in. However, it’s not always safe to invest in digital currencies. Therefore, before stepping your foot into the crypto market, you must have proper knowledge about cryptocurrency trading, or you could consult a crypto advisor. Also, one must understand the factors that affect cryptocurrency security. Is cryptocurrency secure? How can I protect…
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Tokenomics 101: Perpetual Protocol (PERP)
Introduction Perpetual protocol is a decentralized exchange (DEX) for perpetual futures and leveraged trading. Before getting into more details on the protocol itself, I’ll give a brief introduction on the history and purpose of the futures market. Feel free to skip to the next section if you’re familiar with futures; otherwise, bear with me on this financial ride. Future contracts were first introduced in 1864 by the Chicago Board of Trade for agricultural products such…