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paragism
paragism

paragism

My thoughts on various topics


So DOGE pumps again!

30 Jan 2021 3 minute read 7 comments paragism

#dogecoininto1dollar is trending on Twitter. I looked at the price of DOGE. It is up 200%! Has DOGE ever been to a dollar? No, but this price demand keeps on resurfacing.  DOGE, a meme coin with no use case created in 2013 by Billy Markus and Jackson...

Rare CryptoPunks are rocking NFT market

29 Jan 2021 3 minute read 10 comments paragism

CryptoPunks, launched in June 2017, paved the way for digital art on the blockchain. These are 24x24 pixel art images generated by an algorithm. Punks can be male or female. Some rare punks are ‘Apes’, ‘Zombies’ and ‘Aliens’. These punks were the pri...

Uniswap V3 – What to expect?

25 Jan 2021 3 minute read 6 comments paragism

Uniswap V2 was launched in May 2020. The upgrade brought significant structural improvement to Uniswap and the platform started to compete with the leading centralized exchanges (CEXs) as per trade volume. Uniswap charges 0.3% fee on every trade and...

WAX launches inter-blockchain tokenomics

22 Jan 2021 3 minute read 1 comment paragism

WAX (Worldwide Asset eXchange) describes itself as ‘the world’s leading decentralized video game and entertainment network’. The founders of OPSkins, one of the top marketplaces for online gaming virtual assets, developed the platform. WAX was purpos...

Social Recovery Wallets For Crypto Mass Adoption

19 Jan 2021 3 minute read 12 comments paragism

The ever-changing blockchain technology and cryptocurrency field are complicated and an end-user really has no need to understand the deep insights of the technology. From an end-user perspective, the use case is most important. Yes, using cryptocurr...

Is Bitcoin the Ultimate Digital Scarcity?

16 Jan 2021 4 minute read 7 comments paragism

Jamie Dimon, CEO of JP Morgan, shocked the world by calling Bitcoin a fraud in 2017. He said at that time that, “It’s worse than tulip bulbs. It won’t end well. Someone is going to get killed.” Time really changes many things. Very recently, a JP Mor...

CBDC for financial inclusion is not a distant thought

13 Jan 2021 3 minute read 0 comments paragism

CBDC or ‘central bank digital currency’ is a buzzword today. It is a new type of currency that central banks around the world are experimenting with. To simplify the term, we can call it a digital form of fiat currency with some differences. The conc...

How Ampleforth Is Redefining Money

8 Jan 2021 7 minute read 11 comments paragism

One of my American friends told me some years back that the US was amidst an obesity pandemic. I googled that time to learn that the rising obesity in the country was indeed a public health crisis. Why did people eat so much there? We eat when we are...

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...