In the world of cryptocurrency and blockchain technology, speed is everything. Naturally, the faster a transaction can be completed, the more efficient the blockchain is. While transactions per second (TPS) has been the go-to parameter for many to determine speed, it is not the most reliable.
The pandemic has shined a light on the importance of leading a healthy lifestyle. Lockdowns and gym closures have made it impossible for many to head out and continue their everyday workout routines. For some, that meant resorting to equipment-free home workouts; for others, it meant giving up exercising altogether.
Companies and developers have consistently been working towards creating AI that can make our lives easier. From writing blog posts, creating art, coding and even building machines, AI is capable of performing basically every task you can think of today.
One of the biggest criticisms of non-fungible tokens NFTs is that they adversely affect the environment. To buy an NFT, you would use some sort of cryptocurrency which is mined using energy-intensive mining rigs. Estimates suggest that Bitcoin mining consumes 180 terawatt-hours of electricity annually.
Over the years, decentralized applications, or dApps, have seen a meteoric rise in popularity. Known for their security, transparency and efficiency, dApps are quickly becoming the go-to choice for many crypto enthusiasts. In this article, we take a look at some of the most popular dApps in use today.
As of 2022, crypto assets worth US$120 billion are locked in decentralized finance (DeFi) applications. DeFi’s rise to fame can be attributed to its decentralized take on traditional financial services, including lending and borrowing, insurance and interest-bearing accounts.
Have you ever received discount coupons or special rewards simply because you were a brand’s registered member? That’s the idea behind crypto airdropping, too. In 2014, Auroracoin, the first crypto airdrop, distributed 31.8 AUR (US$385), its native token, to each Icelander in a bid to make it the national currency of the country.
Imagine if you could grow your money without putting in too much work. That’s the allure of yield farming, a coveted source of passive income among cryptocurrency enthusiasts. As Daniel R. Hill, President of Hill Wealth Strategies, sums it up, “Cryptocurrency that would normally just be sitting in an account is instead lent out in order to generate returns.
It is evident that cryptocurrencies are lucrative opportunities. After all, people have earned up to US$100 billion from them. What’s greater is that there’s no single way to earn cryptocurrencies. You can mine, trade, earn or even stake them.
Are you one of those people who go stargazing on clear nights? While you might only see stars shining brightly in the night sky, the infinite space holds a lot more than ethereal beauty and the possibility of aliens. What you may not know is that much like Earth, space also has a waste management problem.
With billionaires Sir Richard Branson and Jeff Bezos making their way to outer space, space travel became a hot topic in 2021. The increased interest in space is also evident in the fact that space infrastructure companies saw US$14.5 billion in investments in 2021, a 50% increase from 2020.
So you want to get in on the crypto craze. Well, who wouldn’t? After all, it’s a market worth over US$3 trillion! But before you get started, you need to acquaint yourself with token economics. In crypto, tokens represent assets or utilities that your company offers investors in return for their investment. They differ from coins in the sense that tokens are built on an existing blockchain, like Tether on Ethereum, whereas coins are the native tokens of a blockchain, such as Bitcoin.
In theory, sleeping less ought to be a blessing for those who have too much to do and too little time. You have more time to be productive and get things done. It would aid in long-term success, as they would be doing more than those who are fast asleep, right?
The Russian invasion of Ukraine threw the stock market into a frenzy. Oil prices shot up, with one barrel costing over US$100 for the first time since 2014. The cost of food grains, including wheat and soybean, rose, as did the fear among investors. While gold prices surged, many others fell sharply, thus resulting in investors losing huge sums of money. Where many saw—and experienced—losses, some saw opportunity. They decided to buy the dip.
Decentralized financing (DeFi) is a way of taking banking outside the control of traditional financial institutions. It has emerged as a new and revolutionary way of investing funds with quicker transaction speeds. As of January 2022, US$92.3 billion of value is locked in on DeFi platforms.
Launching a company is a major undertaking. You need to build a team, find clients and keep the business running smoothly. Above all, you need funds! But not all startups have unlimited budgets to do it. Most startups are bootstrapped, or self-funded.
