Cryptocurrencies and their underlying blockchain technology have come a long way since Bitcoin was launched in 2009 and now are establishing their roles in the global economy. While they are poised to revolutionize finance, there are challenges still to be overcome, namely scalability, security, and decentralisation of blockchain, which are conceptualized as the “blockchain trilemma” … Read more
The development of blockchain leads to the appearance of the terms such as DeFi and GameFi and they are gaining more attention than ever before. Businesses and industries are finding ways to have a share in this new realm by investing cryptocurrencies into the protocols. How are these 2 concepts differ from the finance and … Read more
Web 1 This is the earliest version of the internet. Akin to a collection of book pages, this means that if you load a webpage, it shows some texts and basic images and that is all. In the Web 1 internet version, users do not interact with the page like ‘Post a status’, ‘like’, ‘comment’, … Read more
Since the beginning of the year, crypto markets have been surrounded by speculation over the potential impact of Ethereum’s coming Merge — a major milestone for the second-largest blockchain. And now the date is confirmed, the long-awaited merge upgrade will be fully completed in mid-September. What is the Merge? This is the upgrade event where Ethereum will … Read more
The bear market is upon us, and we are now feeling the pinch… Malaysians feel the effects every day, with the Ringgit falling and the inflation rate increases. In mid-May, Bank Negara Malaysia (BNM) also announced the overnight policy rate (OPR) increase to 2.5% to better curb inflation and ease Malaysians’ burden. For us crypto … Read more
Have you ever wondered what is the underlying technology that drives cryptocurrencies like Bitcoin or Ethereum that has drawn a lot of mainstream attention and hype in recent years? What Is Blockchain and How Does It Work? ALL types of cryptocurrencies use this distributed technology — blockchain, to maintain a secure and decentralised record of transactions. … Read more
The term was coined back in 1998 by an American scientist named Nick Szabo. The idea was to use computer code to execute terms of sophisticated contracts for buying and selling securities such as options and futures. The aim is to provide security that is superior to traditional contract law and to reduce other transaction … Read more
The cryptocurrency landscape is one that is constantly changing. Those who are immersed in cryptocurrency would know that one of the hottest topics right now is NFT. But there are many who aren’t familiar with or informed about NFT and its characteristics. This article hopefully can help clear up some of the mysteries surrounding NFT. … Read more