Recent blog posts
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·Perspectives of Crypto and Web3 in 2024
2023 was a wild ride for the cryptocurrency industry, with major factors influencing both price and development of crypto. Market Cap Hit $1.4 Trillion, Up 70% Year-on-year gains for crypto amounted to 70% in 2023, spurred on by price growth seen late in the year. Bitcoin reached a price of $42k in the final days […]
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·What is a Decentralized Exchange (DEX) in 2024?
Decentralized exchanges (DEX) have revolutionized the way cryptocurrencies are traded by eliminating the need for intermediaries. This article explores how DEXs work, highlights popular platforms, discusses their advantages, and addresses challenges and limitations they may face. How Decentralized Exchanges (DEX) Work Decentralized Exchanges (DEX) operate on blockchain technology, allowing users to trade cryptocurrencies directly without […]
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·Proof of Work Explained: How Crypto Networks Reach Consensus
Bitcoin was launched as a form of digital cash with no one person in charge. Instead of a central authority confirming and validating transactions, anyone can participate in helping to run the network, making Bitcoin a decentralized project. To validate a transaction or implement a software update, the people running the network need to reach […]
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·Central Bank Digital Currency: Is Australia Introducing a CBDC?
CBDCs are all the rage at the moment as world governments seek to maintain authority over the financial system amidst the growing popularity in cryptocurrencies. As well as preserving government control over the monetary system and ensuring that financial transactions are taxed and regulated, CBDCs can also offer benefits of lower costs than physical fiat […]