blog posts by this author
Coronavirus – Effect on the Blockchain and Cryptocurrency Market
We are currently living in unprecedented conditions. While we have gone through market recessions before, never have we faced a contagious global pandemic to this extent. The effects of the virus have been truly devastating. Dow Jones, the popular market index that tracks the 30 largest publicly-owned companies trading on the NYSE and NASDAQ, dropped … Continued
Ravencoin (RVN) Guide – Enabling Asset Digitization – Bitcoin Fork
Did you like Game of Thrones? Do you remember how they used to send messages in the show? In George R.R. Martin’s fictional kingdom of Westeros, the message delivery system of choice was “ravens.” Ravencoin took the inspiration of its name and purpose from Game of Thrones’ avian delivery system of choice. Ravencoin (RVN) … Continued
Hashgraph vs Blockchain – Hedera Hashgraph (HBAR) explained
Created by Leemon Baird, a hashgraph is a patented algorithm that provides the benefits of a distributed ledger system without compromising on scalability and speed. Described as a “blockchain on steroids.” the hashgraph is owned by the Swirlds Corporation, which was founded by Baird himself. This is how Swirlds describes itself on its website: … Continued
Decentralized Autonomous Organizations (DAO) – MakerDAO (MKR) explained
Maker is a decentralized autonomous organization (DAO) and its crypto project is called MakerDAO. It is one of the most successful projects built on Ethereum‘s smart contract platform. Maker’s sole aim is to offer a cryptocurrency and a network unfazed to the crypto’s extreme price volatility. Though it is mainly focused on decentralized exchanges, Maker … Continued
The ultimate Status (SNT) Guide – Helpful and explanatory
Status (SNT) is an open-source messaging platform and mobile interface that allows users to interact with the dApps running on the Ethereum blockchain. At its core, there are three services that Status provides to its users – a secure P2P messaging service, a dApp browser where users can interact with thousands of Ethereum dApps, and … Continued
Building the Bridge – ChainLink (LINK) explained
ChainLink is a decentralized oracle network built on Ethereum. It aims to be a secure blockchain middleware that intends to connect different smart contracts across blockchains. ChainLink’s developers believe that while smart contracts are revolutionary, their underlying protocols make them unable to communicate with external systems effectively. ChainLink can change this by allowing smart contracts … Continued
Binance Coin (BNB) explained – The cryptocurrency of the worlds biggest digital asset exchange
If you have been involved in the crypto-space for some time, then you must have heard of Binance. In fact, the chances are that you have built the majority of your portfolio through them. Binance Coin (BNB) is the coin issued by Binance and is used to make transactions within the exchange. Originally it was … Continued
What is Ripple and XRP? A detailed and helpful guide
Ripple is a technology that offers two things – a cryptographic digital payment network called RippleNet and a cryptocurrency called XRP. It is a real-time gross settlement system (RTGS), currency exchange and remittance network developed by Ripple Labs and has been operational since late 2013. Their main aim to work closely with banks and financial … Continued
Enjin Coin – A helpful guide of the gaming cryptocurrency
Most online games are available for free, but the gaming companies make money through small repeat purchases made inside the games. Unfortunately, the existing mode of online transactions is not secure enough. Stats show that for every single legitimate transaction there are 7.5 fraudulent ones. This makes the introduction of cryptocurrency to the gaming industry … Continued
THE ULTIMATE BITCOIN GUIDE – HELPFUL AND ILLUSTRATIVE
October 31, 2008. A few years from now, this date could potentially be immortalized as one of the most critical days in the history of humanity. Fed up with the banking system following the Housing Crisis of 2008, an unknown programmer(s) going by the name of Satoshi Nakamoto released a whitepaper titled “Bitcoin: A Peer-to-Peer … Continued
All you need to know about Ethereum Classic – The Ultimate Guide
The story of Ethereum vs Ethereum Classic is one that’s based on ambition, recklessness, heartbreak – and hopefully – reconciliation. Ethereum Classic and Ethereum initially used to be one single project before a hard fork split the project into two. Like Ethereum, Ethereum Classic also works on a gas mechanism to execute smart contracts. The … Continued