The Age of Cryptocurrency' is Perfect Introduction to Bitcoin and the Blockchain
Commentary by Jacob Donnelly. At least twice a week, I get asked about Bitcoin. More people in my network realize I write about it, so they naturally want to know what it is, how it works and whether it's a Ponzi scheme. I quickly realized that I had rehearsed the perfect answer to every question. At least, I thought it was the perfect answer to every....
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Homomorphic encryption and smart contracts can be a perfect combination of public and private blockchain features. Bitcoin and transparency go hand in hand. While we can’t say the same about centralized exchanges and trading platforms, the Bitcoin protocol is completely transparent and offers a certain degree of anonymity as well (pseudonymity). But as technology progresses, we now have entirely different use cases of blockchain technology on our hands. Bitcoin’s underlying blockchain technology has grown beyond being a public ledger keeping a record of all bitcoin transactions. The....
CEO of the Nigerian Bitcoin exchange, Naira4Dollar, Ejezie Sunday has allegedly had $15,000 worth of Bitcoins stolen from his company’s wallet on blockchain.info. Trading for Perfect Money. Hackers are getting more sophisticated, and recovering stolen funds is a complicated procedure. “We ran out of stock on Tuesday March 15, 2016, and had to buy $15,000 worth of Bitcoins, valued at N4,575,000”, Sunday told CoinTelegraph. “We actually needed Perfect Money, but since we couldn’t get that at that time, we bought Bitcoins, with the hope of trading for Perfect Money. On getting to the office,....
A long tradition of financial discretion makes Switzerland the perfect place to store one’s private keys in a way that will be fully protected.
Many online tutorials and guides exist to explain what a blockchain is and what it does, but most aren’t suitable for a five-year-old. And in this very new tech space, it’s safe to say that many people probably feel like they’re five years old when introduced to blockchain-ery. So why not make their introduction more fun, friendly, and easy? That’s exactly what we’re doing. Welcome to the Dash School Dash School Is in Session. I’ve just published this six-video mini series which takes the viewer from the simplest introduction of blockchain technology (the first three videos, actually!),....
The last year in finance has been all about Bitcoin. The digital gold narrative arrived at the perfect time, amidst a perfect storm of stimulus money, irrational exuberance in the stock market, and more. The forecast is starting to change for gold, however, just as the top cryptocurrency is struggling to maintain its market structure […]