My thoughts on various topics

Polkaswap is gearing up for cross-chain DeFi

17 Apr 2021 2 minute read 0 comments paragism

DeFi or decentralized finance is definitely giving a tough competition to CeFi or centralized finance. DEXs or decentralized exchanges are crucial elements of DeFi and AMM (automated market maker) based DEXs have really solved the liquidity problem o...

Sharding & Blockchain Scalability

13 Apr 2021 3 minute read 5 comments paragism

There is no doubt that we need scalable blockchain solutions. Bitcoin processes 7 transactions per second and Ethereum processes 25 transactions per second. Visa does around 1,700 transactions per second in comparison and often we talk about Visa lev...

Avalanche is ready for DeFi

10 Apr 2021 3 minute read 3 comments paragism

Avalanche is an open-source platform for launching decentralized applications and it focuses on blockchain interoperability. The public token sale of the project ran in the month of July 2020 and the mainnet was launched in September 2020. Avalanche...

The DAD bridges may unleash DeFi activity on EOS

5 Apr 2021 3 minute read 4 comments paragism

LiquidApps is a technology-focused company and it primarily works on optimizing decentralized development. The DAPP Network by LiquidApps is a product that acts as a universal middleware used across multiple blockchains. Services from the DAPP Networ...

Uniswap V3 – The Potential Game Changer

31 Mar 2021 3 minute read 5 comments paragism

Uniswap V1 was launched in November 2018. It was the first proof-of-concept for Automated Market Makers (AMM) and became a hit since its launch due to its novelty. V2 was launched in May 2020 and the upgrade brought significant structural improvement...

Optimism – How far?

28 Mar 2021 3 minute read 2 comments paragism

Optimism was founded by some former Plasma group researchers in 2019 to implement an Ethereum scaling solution – Optimistic Rollup. The organization raised a $3.5 million seed round from crypto venture fund Paradigm and IDEO CoLab Ventures. Optimism...

Are NFTs the future of the music industry?

23 Mar 2021 3 minute read 8 comments paragism

NFTs or non-fungible tokens are gaining wild popularity nowadays. A landmark digital artwork by Beeple was sold for $69.3 million some days back as NFT through a global auction. Beeple’s NFT consisted of 5000 unique digital images produced every day...

MoonCats appear as NFT Mania Begins

15 Mar 2021 3 minute read 5 comments paragism

Mike Winkelmann aka Beeple sold a piece of digital art for record-breaking $69.3 million through an online auction some days back. The art, the third-highest valued in the history of the arts, was sold in the form of a non-fungible token or NFT. Chri...

Dash moves into DeFi

13 Mar 2021 2 minute read 16 comments paragism

Dash was launched in 2014 as a fork of Bitcoin and it was named Xcoin initially. The project was founded by software developers Evan Duffield and Kyle Hagan. Dash was designed as digital cash and it aimed to offer instant transactions with nominal fe...

Yield Farming NFTs - The Next Big Thing

11 Mar 2021 3 minute read 9 comments paragism

“Just out of reach, behind a digital curtain, exists a galaxy of activity. A new economic frontier that may be the answer to the generational wealth gap.” – Virtual Economy Twitter CEO Jack Dorsey offered to sell his first tweet as NFT or Non-Fungibl...