Uniswap V1 v V2 v V3: How V3 is a huge leap over the first two versions

Whether because of the recent bust, or because of the overall boom that they have seen over the past decade, cryptocurrencies have been in the news for a while now. And many are predicting that their importance and acceptance, and the possibility of a decentralized system of finance that comes with crypto, will only increase… Continue reading Uniswap V1 v V2 v V3: How V3 is a huge leap over the first two versions

What is Proof of Stake and how is it different from Proof of Work

‘Bitcoin mining’ is a popular phrase these days. It is a process in which miners use computational power, especially graphics cards, to mine bitcoins rewards. But this is an energy-intensive process. It is estimated that the global electricity consumption of bitcoin mining per year is greater than the electricity consumption of the entire nation of… Continue reading What is Proof of Stake and how is it different from Proof of Work

Understanding Liquidity Pools

Liquidity PoolsThere has been lots of buzz around the word “Liquidity Pools” in the DeFi environment as they drive trading and incentivize users. But what exactly are Liquidity Pools? Liquidity pools lock tokens inside a smart contract, a concept first introduced by a project named Bancor. As you can gauge by the name of liquidity pools,… Continue reading Understanding Liquidity Pools