My thoughts on various topics

Is Bitcoin Maximalism Winning?

6 Jan 2021 4 minute read 7 comments paragism

Bitcoin extended its record-breaking rally and surged past $34,000 some days back. The new year brought a new ATH for Bitcoin. While a section of mainstream media is still calling Bitcoin a ‘punt’, the corporate money is flowing into the young asset...

Transaction Fee Reform of Ethereum is Upcoming

4 Jan 2021 3 minute read 7 comments paragism

Ethereum is the most popular platform to build decentralized applications.  The majority of decentralized finance or DeFi activity is happening on Ethereum only.  Numerous wrapped tokens are arriving on Ethereum to take part in the thriving ecosystem...

2020: The year of Bitcoin

30 Dec 2020 3 minute read 5 comments paragism

“If you put the federal government in charge of the Sahara Desert, in five years there’d be a shortage of sand.” – Milton Friedman The US government is going to launch another $900 billion COVID-19 relief stimulus and already there is a high demand t...

Is the game over for the banker's coin? Part 2

23 Dec 2020 4 minute read 6 comments paragism

[This is the second part of the article. Here you can find the first part of the article.] Before Bitcoin, we needed a trusted third party to keep an account of money transfer from one point to another point. Your bank, VISA or MasterCard are the exa...

Understanding EOS DeFi project Vigor Protocol

21 Dec 2020 3 minute read 1 comment paragism

Cryptocurrency is gaining mainstream adoption very fast. Post COVID-19 global economic crisis has kick-started a renewed interest in cryptocurrency. DeFi or decentralized finance has achieved astounding success and it is growing exponentially. It is...

Is the game over for the banker's coin? Part 1

20 Dec 2020 4 minute read 6 comments paragism

Almost three years back, XRP reached its ATH of $3.4. I remember that I bought some XRP in December 2017 and sold at 5X price just within one month. The banker's coin was the talk of the crypto world at that time. Even the mainstream media was gettin...

Defibox shows promise to win the DeFi battle for EOS

17 Dec 2020 3 minute read 3 comments paragism

After three years of the bear market and various market consolidations, cryptocurrency has again become a mainstream media topic. Things have changed since the last bull run of 2017. Many new protocols are driving this renewed interest with cryptocur...

Understanding the rush to move to Ethereum's token world

15 Dec 2020 4 minute read 8 comments paragism

Ethereum blockchain went live on 30 July 2015 and since then we’ve seen a lot of use cases. Vitalik Buterin along with other core developers created Ethereum with a goal of building decentralized applications. Vitalik argued in his whitepaper that bl...

Will Loopring Exchange V2 take forward the L2 DeFi game?

12 Dec 2020 2 minute read 12 comments paragism

Cover Image Source Ethereum’s TPS has improved significantly in the recent time but still, it’s not equipped to handle high traffic. Ethereum 2.0 is going to address a lot of issues regarding the base layer scalability but we need to wait for a long...

Trading contracts on Bityard

8 Dec 2020 4 minute read 3 comments paragism

Cover Image Source There are numerous cryptocurrency exchanges. Singapore based Bityard is definitely not a top spot exchange but it is known for contracts trading. “Complex Contracts Simple Trade” is their product concept. The exchange was launched...