A Monetary Layer For The Internet
ARPANET’s First Mark Into Networked Computing Created in February 1958, the Advanced Research Projects Agency (ARPA) was a response to the Soviet launch of Sputnik 1, the first artificial Earth satellite, to research and develop projects in technology and science beyond direct U.S. military applications. Bob Taylor, an ARPA computer scientist, convinced a colleague to support a research project using funding from a ballistic missile defense program. Following three years of research, the ARPANET project was launched as the first network to connect two geographically-distinct computers. On....
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Everyone who encounters bitcoin for the first time must grapple with how it works, and what it means. The former is relatively easy enough to learn, the latter however is something that everyone seems to have a different opinion on. 'Is bitcoin the next Internet?' seems to be the question behind news articles and passionate debates alike. Entrepreneur and bitcoin advocate Marc Andreessen has most visibly made comparisons between the two, while CNBC reported that many more venture capitalists thought bitcoin could be 'as big as the Internet'. Despite obvious buzz appeal, it's a serious....
By replacing reliance on third parties in a trustless way, Bitcoin adds a layer of non-intermediated trust to the infrastructure of the internet.
Morgan Creek Capital Management’s CEO predicted Bitcoin will soon rival gold by monetary value. Morgan Creek Capital Management founder and CEO believes Bitcoin’s next market cycle could see the asset rival gold by market capitalization and trading for more than $200,000.While appearing on CNBC’s Trading Nation on May 9, Mark Yusko compared the rapid adoption of Bitcoin to the growth of FAANG companies — Facebook, Apple, Amazon, Netflix, and Google.“This is a network and networks grow in an exponential way. This is the fastest network in history to a trillion dollars of value, right on the....
The Impervious browser is upon us. The company will launch its most ambitious product at the Bitcoin 2022 conference in Miami, on April 7th. What is it, though? And, while you’re at it, what does Impervious do? Well, the company builds “tools and infrastructure for the P2P internet.” That is, the Internet without centralized intermediaries. […]
Ethereum's imminent transition to a proof-of-stake consensus mechanism will transform its monetary policy, potentially making ETH more scarce than Bitcoin. Ethereum researcher, Vivek Raman, is convinced that Ethereum’s (ETH) upcoming transition to a proof-of-stake system will enable it to take over Bitcoin’s (BTC) position as the most prominent cryptocurrency."Ethereum does have, just from an economic perspective and because of the effect of the supply shock, a chance to flip Bitcoin," said Raman in an exclusive interview with Cointelegraph. The Merge, a long-awaited upgrade that will....