Bitcoin’s Blockchain Is The Timechain, Let’s Call It That
Calling Bitcoin’s blockchain the “timechain” would honor Satoshi’s intention and help clear up altcoin misdirection.I’m fairly new to Bitcoin and I’m a boomer, which means I’m not qualified to comment on any technical aspects of the Bitcoin protocol. But I do have a 30-year career as a business development coach and I’ve written two business books and, until recently, I published an electronic newsletter that went out monthly to thousands of professionals in over 120 countries. That writing background makes me hypersensitive to words and how they’re used or misused. So, it’s in this....
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Timechain continues to push the boundaries of institutional cryptocurrency adoption through a strategic partnership with the Fireblocks network. Institutional interest in cryptocurrencies has risen strongly throughout 2021 and early 2022. That growing demand for exposure creates opportunities for digital asset management and DeFi service providers like TimeChain. The Canadian firm provides various robust trading and financial tools for institutional clients to explore. Moreover, its offerings are of a higher level than other Canadian crypto service providers, giving Timechain a solid....
Matthew Roberts and Elías Snær Einarsson, two developers who have been active in the crypto space, recently proposed and published a new technology known as timechain. Simply put, the timechain is a chain of keys that can be used by anyone to encrypt any information for a certain period of time. It introduces proper incentives for the people who create and maintain the chain, hence the system is considered a decentralized autonomous company (DAC). The idea received quite some attention, as it claims to offer genuine security improvements for the crypto space. A lot of people have made....
Elías Snær Einarsson and Matthew Roberts, two coders who presently focus largely on cryptocurrency, have entered the security business with a splash, presenting a system called Timechain which aims to eliminate one of the biggest problems for exchanges: private keys having to exist in the same place as the funds being exchanged. Disclosure: the author is nothing of a cryptographer. Please make any corrections in the comments. Roberts is the inventor of Uptrenda, a "significantly more practical and secure" altcoin exchange system. Einarsson is the developer of RedArc, a Reddit archiving....
The City of Lugano in Switzerland, the most important Italian-speaking city outside of Italy, is not playing around. The goal of their “Plan B” is to “make Lugano the blockchain hub for the entire Europe,” according to Tether’s Paolo Ardoino. And it will probably succeed. The city wants to attract investment and talent, attract wealth and smart minds, and they’re putting their money where their mouth is. Why do they have to brand their plan using bitcoin’s name, though? In NewsBTC’s previous article about the project we were very critical, and even raised the possibility of this being an....
The term “smart contract” has no clear and settled definition. The idea has long been hyped to the public as a central component of next-generation blockchain platforms, and as a key capability for any practical enterprise application. They are defined variously as “autonomous machines”, “contracts between parties stored on a blockchain” or “any computation that takes place on a blockchain”. Many debates about the nature of smart contracts are really just contests between competing terminology. The different definitions usually fall into one of two categories. Sometimes the term is used to....