Navigating the crypto universe: Insights from Coin DCX's Mridul Gupta
Mridul Gupta, Chief Operating Officer of CoinDCX, in a recent live stream on ETMarkets, provided valuable insights into the dynamic world of cryptocurrency investments. Gupta explored foundational concepts such as Web3 and blockchain, discussed the significance of cryptocurrencies as an emerging asset class, and offered practical advice for navigating this ever-changing market.
The Evolution of the Internet: From Web1 to Web3
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-110897611»>Gupta commenced by tracing the internet's evolution from its nascent stages to its current state. The «read-only» era of Web1 in the 80s and 90s offered minimal user interaction. This phase gave way to Web2, introducing «read and write» capabilities, fueling innovations like e-commerce and social networks. However, Web2 is marked by central data intermediaries controlling user data.
In contrast, Web3 represents a paradigm shift, empowering users with ownership of the digital assets they contribute to. This transformation is driven by blockchain technology, a decentralized ledger system ensuring security and transparency by dispersing data across multiple parties.
Cryptocurrency: A New Asset Class
Did you Know?
The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of
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