Fintech

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Top 5 Bitcoin Miners Have Almost 90 Percent Hash Power!

20 Oct 2023 2 minute read 31 comments Debesh Choudhury

Bitcoin is a decentralized fintech use case of distributed ledgers. When Satoshi Nakamoto mined the first block of Bitcoin, popularly known as the Genesis Block, who would guess that mining Bitcoin would make a trend in the Fintech world? Bitcoin...

I used BitcoinCash to pay for a domain transfer

17 Oct 2023 1 minute read 0 comments Debesh Choudhury

Does the cryptocurrency you love scale? Bitcoin (BTC) is a software system for peer-to-peer electronic cash payment. Everybody knows it here! Why am I repeating it? Hold on, I always like quoting the title of Satoshi Nakamoto's Bitcoin whitep...

There is a lot to be done in cryptocurrencies

14 Oct 2023 2 minute read 4 comments Debesh Choudhury

Cryptocurrency is a real-world use case of Blockchain technology. The mining of the first block, the so-called Genesis Block, Block 0 or Block 1, of Bitcoin in 2009 is a landmark in the domain of cryptocurrencies. The inventor of Bitcoin pseudonymize...

What Every Cryptocurrency-Adopter Must Do Now

21 Sep 2023 1 minute read 11 comments Debesh Choudhury

Do you love cryptocurrencies? I know that all of us (at least those who write here and on similar crypto-blogging platforms) love cryptocurrencies. No, love is not all that cryptocurrencies deserve. As an early adopter of cryptocurrencies, we ha...

Bitcoin is a Quasi-Payable Crypto-Investment Instrument

18 Sep 2023 1 minute read 7 comments Debesh Choudhury

What is a Bitcoin? No, I am not joking. I am asking you the question. What does Bitcoin, aka BTC, mean to you? Is BTC a cryptocurrency? Yes, of course. BTC is the first cryptocurrency use case in the world. Is BTC an investment instrument...

High Fees of Bitcoin May Ruin its Future

13 Sep 2023 2 minute read 0 comments Debesh Choudhury

There are many flaws in Bitcoin or BTC. We call it scaling issues of Bitcoin or BTC. Those are: (1) Time taken to complete each BTC transaction. It can be a few days! (2) Fees per BTC transaction. It can be a few tens to more dollars! Not to forge...

Do Not Bring AI to Cryptocurrencies

25 Aug 2023 1 minute read 1 comment Debesh Choudhury

Artificial intelligence is attracting everybody. Artificial intelligence, or AI, is a trending technology. AI appeals to all and everyone. AI is a technology hype used by all technologists, educationists, digital marketers, and creators in variou...

How TradFi Can Embrace Blockchain Innovation

21 Aug 2023 3 minute read 0 comments 0xVince

The traditional financial system (i.e. TradFi or Traditional Finance) is based on ideas that date mostly back to the early 20th century. Banking is perhaps the oldest continuing financial service used throughout the world. These industries have had t...

Cryptocurrencies May Not Help Poverty Alleviation

20 Aug 2023 3 minute read 8 comments Debesh Choudhury

Would cryptocurrency create a bright future for all global citizens? One has to invest in fiat currencies to buy cryptocurrency assets. Suppose you invested one million US dollars in cryptocurrencies. And let us assume that you invested in one...

Cryptos Empower Online Purchase Without a Bank Account or a Card

17 Aug 2023 2 minute read 5 comments Debesh Choudhury

Cryptocurrencies can empower the unbanked who don't have a debit or credit card. One of my classmates in high school asked me if I could buy him internet hosting and a domain name, as he doesn't have a debit or credit card. Though he has got a bank...