BitcoinXT: Evolution or Revolution?
The confusion and tension surrounding the term “Bitcoin XT” is what many are pointing toward as a major factor of why the Bitcoin price has fallen significantly from the used-to-be norm of around $280. What exactly is BitcoinXT, and why is it causing so much controversy, to the point where mods on r/Bitcoin are censoring discussions regarding it? BitcoinXT, in its most basic form, is a fork, something we’ve seen before. A fork is a new version of Bitcoin Core that is no longer compatible with older versions and, therefore, creates a new chain of blocks which older versions will reject.....
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The evolution of finance that Bitcoin represents will bring impacts comparable to the Industrial Revolution.
2020 has been a year unlike any other in terms of dramatic life change. Throughout history, any phases of challenge or uncertainty led to a mass disruption of the traditional systems in place and ushered in a new societal revolution. There was an industrial revolution, a technological revolution, and what is next is a decentralized, all-digital future. The basis of a brighter, more inclusive, and fair future is starting today, and it begins with services […]
Amor Sexton is a consultant and lawyer at Adroit Lawyers, Australia's first specialist digital currency legal practice. She advises digital currency businesses and has worked with bitcoin industry bodies to clarify the regulatory framework in Australia. In a recent article, Jon Matonis stated that "bitcoin requires forceful and aggressive legal defense, not complicity with governments in crafting policy and regulations". The current global political climate has resulted in the development of laws that are increasingly pervasive and intrusive on the rights of private individuals. In many....
The word revolution comes from the latin revolutio, meaning a turn around. It could mean a modification of an existing constitution, or a complete change of it. However, revolution is almost always understood as a quick change. And that is exactly where my pitfall detector starts ringing. In recent months we have seen many claims of “revolutionary” developments and technologies in the crypto scene. Next to a plethora of new coins being announced, there are also organizations claiming to have “the next big thing”. The many new hypes are often flashy enough to woo a great amount of users of....
Bitcoin, the blockchain, artificial intelligence, the Internet of Things and other Fourth Industrial Revolution technologies are disrupting everything around us. In particular, they are disrupting the way we manage people and businesses. Furthermore, they are changing management approaches and fostering new business process creation. Industrial....