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 […]
Tag: defi
What are Flash Loans and it’s Uses?
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. […]
What is an Automated Market Maker (AMM)?
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 […]
What is DeFi or Decentralized Finance?: Top Use Cases
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 […]
Bitcoin Vs Fiat Currency (INR)?
With every second advertisement on television asking you, “Bitcoin lia kya”, I think it’s high time that we pay attention to the hottest buzzword of our times- Cryptocurrency. For an outsider, this universe seems to be full of jargons and noise. I would like to paint a better picture for you. When you started learning […]