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Is it a race or is China waiting to see Libra succeeded on a mass scale? Only time will tell. " China has long sought to unseat the dollar as the world's top currency with the yuan, also known as the renminbi. " - Likely they are trying to ...Read More
Is Bitcoin really worth the increase in our carbon footprint? “Bitcoin accounts for roughly 0.25 percent of the world’s entire electricity consumption.”
"In cryptocurrencies, Facebook saw both a threat and an opportunity. They held the promise of disrupting how things are bought and sold by eliminating transaction fees common with credit cards. That comes dangerously close to Facebook’s ad business that influences what is bought and sold. If a competitor like Google ...Read More
"I remember something Roger Ver told me, right around when he was explaining why he trusted markets more than democracies. “No amount of coercion,” he said, “can solve a math problem.” That’s true. But it’s also the case that no amount of mathematics can delete human prejudice, and no ledger ...Read More
drop gang drug distribution using proof of stake to ensure delivery of goods: ​> To prevent theft by the distribution layer, the sales layer randomly tests dead drops by tasking different members of the distribution layer with picking up product from a dead drop and hiding it somewhere else, after verification of the contents. Usually each unit of product is tagged with a ...Read More
Ethereum 2.0 will be rolled out in several phases, with the final phase being expected in 2019 or 2020. In the meantime Dapps won’t probably wait that long and will start to explore other scalability solutions such as sidechains (Loom, Raiden, POA network…). When ETH 2.0 is ready, these sidechains ...Read More
This article provides a succinct macro-level introduction to the concept of applying blockchain technology towards a relatively novel use, namely the tokenization of memes and the subsequent creation of economies surrounding the exchange and curation of those tokenized memes. It also delves into aspects of why such an application of ...Read More
"Imagine this: It’s the year 2020 and it turns out there’s no “single stablecoin to rule them all.” Instead, all utility tokens are now designed to be price-stable. Centralized crypto exchanges have…"