We recently covered the working of an automated market maker. For the uninitiated, it is a way to exchange two cryptocurrencies (assets) in a way that the price is decided by the amount of crypto left in the liquidity pool. Simply put, on the basis of supply and demand, the price of an asset is […]
Recently, I had a chance of visiting my hometown and meeting my grandparents. In one of our dinner conversations, he told me that the primary aim of having a business about 60 years ago was to feed the family. There was no concept of luxury per se. As a result, he would quite often accept […]
It’s DeFi season at pandatechie and we couldn’t be more excited about this one. Why? Because this takes my respect for blockchain backed decentralized finance ecosystem, up a notch. Whenever a new technology comes up it usually starts with very rudimentary use cases. These ones often involve mimicking the existing functionalities in the blockchain landscape. […]
Complicated term right? Well, the job it does isn’t easy either. So buckle up and catch hold of the nearest chair. As always, I won’t be using any fancy jargons to explain this to you. Apart from that, once you wrap your head around this technology, it would feel no less than magic. A part […]
Okay. This one is going to be really close to the home. So buckle up because this might seem like a head wrenching journey. But before we start, I wanted to ask you something. What type of an investor are you? And I won’t ask you to categorize this into conventional– aggressive, moderate and passive […]
While I intend to cover DeFi in depth in this post, I want to spare some lines to my favorite hobby i.e. bashing centralized banking system. In the past we have always used centralized finance which is where there’s a central authority that controls the flow of money. It is usually the government and the […]
Are you also sick of hearing digital JPEGs being sold for million dollars like hot cakes? Do you also just don’t get the hype around it? Well, thankfully, we are NOT going to cover that use case of NFTs in today’s post. We already discussed and came up with a framework to evaluate digital art […]
NFT, NFT, NFT. You must be living under the rock if you haven’t come across this term yet. As a matter of fact, NFT market has hit a size of $2.5 billion in the first six months of 2021 (source). No matter how much we joke about JPEGs rocks being sold for millions, this is […]
I don’t understand. What’s is this buzz around NFTs? Why are people buying images of rocks for a million dollars? Am I missing on to something? Well, you have come to the right place today. This newest fad of cryptoverse is taking over everything else with a storm. Suddenly, everyone is talking about NFTs. Until […]
“People are YOLOing their life savings on a dog currency“ No. I am not making this up. It’s a legit financial statement used by one of the news anchor a few days ago. It is indeed a crazy world that we live in. When it comes to cryptoverse, this madness just intensifies. We now have […]
