My thoughts on various topics

What’s Brewing on Cardano?

5 Mar 2021 3 minute read 9 comments paragism

ADA, the native cryptocurrency of Cardano blockchain, is trading above $1.20 now. On 27th Feb 2021, ADA reached its all-time peak of $1.48. With a $40B+ market capitalization, ADA has flipped DOT, BNB and USDT and it is the third-largest cryptocurren...

DeFi & Interoperability Dream

28 Feb 2021 3 minute read 5 comments paragism

The majority of the world was financially excluded till the 20th century. The advancement of the internet and digitization in the early 21st century created a broad framework for mass financial inclusion. Having a transaction account to store, receiv...

Binance Smart Chain Says ‘Howdy’

25 Feb 2021 3 minute read 10 comments paragism

Binance Smart Chain is in the news nowadays. Binance Chief Changpeng Zhao declared recently that the blockchain had flipped Ethereum as per daily transactions. He also took an indirect shot on Ethereum and emphasized that the low fee of the blockchai...

Polkadot Staking Guide

22 Feb 2021 5 minute read 12 comments paragism

Polkadot was founded by Web3 Foundation. Ethereum co-founder Gavin Wood released the whitepaper in 2016. Polkadot's ICO raised a total of 485,331 ETH in 2017 and it was one of the most successful ICOs. The protocol was formed with a vision for a hete...

Tulips Don't Bounce Back

16 Feb 2021 4 minute read 4 comments paragism

"When tulip mania dies down, all that remains are pretty flowers. When bubbles burst, nothing is left but soapy residue.” - Adam Cohen The gardeners love daffodils as they are the ‘repeaters’. They always return yearly with more bloom and bright yell...

Putting Cryptocurrencies at Work with Cakedefi

13 Feb 2021 3 minute read 10 comments paragism

Cakedefi, registered in Singapore, is a platform which focuses on the passive income of cryptocurrency. It allows users to generate a regular stream of cash flow through pooled masternode staking and lending services. The platform was launched in 201...

Matic becomes Polygon - Ethereum's Internet of Blockchains

12 Feb 2021 3 minute read 3 comments paragism

Matic Network was a Binance launchpad project. The token sale of MATIC was a grand success with more than $5 million raised in 2019. Total 19% of supply was allocated for the launchpad. Matic was a project which was trying to address the scalability...

Newdex’s DEX aggregation aims to solve the liquidity issue of EOS DeFi

10 Feb 2021 3 minute read 3 comments paragism

DEX (decentralized exchange) vs. CEX (centralized exchange) is a big debate. Which one is better? Normally all traders enter into the crypto world through CEXs. A CEX provides you with a fiat gateway and an easy interface for trading but you really h...

Crypto Passive Income Guide - 2021

8 Feb 2021 8 minute read 28 comments paragism

“If you do not find a way to make money while you sleep, you will work until you die.” - Warren Buffet Trading is one way to make money in the field of cryptocurrency but there is no assurance that you will book a profit. Trading also involves substa...

Ethereum’s Sister Chain XDai Stablechain Looks Promising

7 Feb 2021 3 minute read 2 comments paragism

Cryptocurrency is often condemned due to its extreme volatility. The green candles of the chart turn into red very quickly. Volatility can be a trading opportunity but using cryptocurrency as a medium of payment is often problematic due to this reaso...