Author: REVIX
Is Polkadot ready to be awakened and follow the rest of the “Ethereum killers”? Over the past weeks, we’ve seen many of the cryptocurrencies hailed as “Ethereum killers” achieve impressive returns. This was largely due to the fact that Ethereum’s recent network upgrade did little to ease high transaction fees and network congestion. Ethereum has been a victim of its own success as higher network usage came with higher fees and slower transaction times. Will Polkadot catch up to these “Ethereum killers”, or is it just quietly building its empire in the shadows? What is Polkadot? Right now, blockchains fall…
If you’re a complete crypto newbie, chances are you’ve never heard about Polkadot—a rather impressive blockchain platform that was designed to solve some of the longest-standing issues in the crypto and blockchain industry, including interoperability (the way blockchains speak to one another) and scalability. What is Polkadot? Frustrated with the slow development of Ethereum, Dr Gavin Wood, a co-founder of Ethereum and inventor of the programming language Solidity, left to begin work on Polkadot. Right now, blockchains fall into one of two major categories. They’re either purpose-built and designed for a very specific function—like Bitcoin, which was specifically designed as…
What is Cardano? Cardano is a third-generation proof-of-stake blockchain. Cardano, like Ethereum, will allow developers to use the Cardano blockchain for familiar features, including running custom programming logic (smart contracts) and building programs (decentralised applications). Cardano launched its smart contracts on testnet in May 2021, with a mainnet launch to follow later in the year. However, Cardano is working on solving the scalability and energy consumption problems that its predecessors, such as Bitcoin and Ethereum have. Cardano differs from the other projects by emphasising a research-driven approach to design, aiming to achieve an academic rigour it believes will propel the…
What is Uniswap? Uniswap is the largest decentralised exchange (DEX) in the crypto space. Uniswap leverages multiple crypto assets, including its native UNI cryptocurrency, to provide a service similar to a traditional exchange. The difference is Uniswap has no one central operator or administrator, making it fully decentralised. Unlike most exchanges, which are designed to take fees, Uniswap is designed to function as a public good—a tool for the community to trade tokens without middlemen. Also, unlike most exchanges, which match buyers and sellers to determine prices and execute trades, Uniswap uses a simple math equation and pools of tokens…
With many crypto investors jealously watching on as gold and equity investors’ assets keep climbing to greater levels, is it possible that cryptocurrencies have just hit the turning point that many have been waiting for? The crypto market has shed over -50% in recent months, with many worried that a bear market was in full swing and an -80% loss in value was looming on the horizon. People tend to think the worst, but then again, crypto always finds a way to surprise us, with this time being no different. Bitcoin is currently up over +30% from its lows, happening…
With the recent pullback in the crypto market, people are calling for the end of the crypto sector… again. What’s new right? It’s always interesting how people try to push the dramatic narrative, with the present being a great example. I mean the proof is in the pudding: look at all of the negative crypto PR flooding smartphone screens globally. With headlines citing everything from ‘China crypto crackdowns’, to ‘Bear markets’ and even ‘Theft’ — yet, we’ve seen this all before. Remember the Covid crash of 2020? What about AIG, Bernie Madoff, Enron, and let’s not forget about Steinhoff? The…