At its most basic, Ethereum is an open-source software platform based on blockchain technology. This platform enables developers to build and deploy decentralized applications (dapps) like Status or Metamask on it.
Let’s combine blockchain technology with virtual reality (VR)! It sounds super exciting, combining technologies of the future. However, not every proposed combination of technologies works, or even makes sense.
A beginner’s guide to ICO investing. This guide is an introduction to ICO investing and the steps to look out for when investing in an ICO. Up till July of 2017, the total dollar amount raised in Initial Coin Offerings (ICO) was a staggering USD$1,252,676,352.
Blockchain-related topics are extremely hot nowadays and ICO is one of those. We decided to launch a series of articles where we will explain in plain language such things as blockchain, cryptocurrency, smart contracts and ICOs.
ICOs are a type of crowdfunding or crowd investing tool conducted entirely on the blockchain. Originally, the main idea of an ICO was to fund new projects by pre-selling coins/tokens to investors interested in the project.
The Initial Coin Offering gold rush – the future of fundraising or just another crypto scam? If you are searching for the biggest trend in cryptocurrency today, a look at Initial Coin Offering (ICO) might be a good start.
You may have heard the term “blockchain technology” before, in reference to Bitcoin and other cryptocurrencies. For the uninitiated, the term might seem abstract with little real meaning on the surface.
If you’re new to cryptocurrency, your first question is probably “what is Bitcoin?”. The short answer is that Bitcoin is a cryptocurrency or digital asset made secure by cryptography. Bitcoin and most (but not all) other cryptocurrencies use blockchain technology.
The whole world seems to have gotten crypto fever. Seemingly every day, new entrepreneurs are learning about the potential uses of decentralized applications and blockchain technology, and are wanting to cash in. Together with this growth of the cryptocurrency space comes the gr(...)
This article originally appeared in the November/December 2017 issue of Canadian Musician magazine. For those not immersed in the world of web-based technology, blockchain is a difficult thing to wrap your head around.
Proponents of the distributed ledger technology known as blockchain consider it to be one of the best ways to secure transactions. I don’t know about you, but hearing that anything is the “best” immediately makes me skeptical.
Don Tapscott, author of the book entitled Blockchain Revolution said in his superb, no-frills TED Talk that blockchain is the technology that is likely to have the greatest impact on the next few decades. No, it’s not social media.
Sometimes journalism is ironically called "the second oldest profession." This term indeed has right to exist. In any case, all this time journalism, one way or another, depended on those who "call the tune" - organize the publishing process, pay salaries, organize distribution,(...)
This is PART-4 of The Product Manager’s guide to the Blockchain series! If you somehow landed on my publication for the first time, Welcome! I recommend you start from part 1, and then read part 2 and part3 before reading this post. However If you are the explorer type, read on!
By now I'm assuming we all have a fundamental understanding of what Bitcoin is: digital money regulated and distributed with encryption techniques, stored on a ledger independent of a centralised bank. Something like that. Maybe go here for a better explanation.
Bitcoin miners will guzzle more electricity this year than some countries do, according to new numbers from a leading researcher. And while some critics take issue with these figures, few disagree that the digital currency's energy use is a problem that's only getting bigger.
A useful currency should be a medium of exchange, a unit of account, and a store of value. Cryptocurrencies excel at the first, but as a store of value or unit of account, they’re pretty bad. You cannot be an effective store of value if your price fluctuates by 20% on a normal da(...)
The proof of stake system is attracting a lot of attention these days, with Ethereum switching over to this system from the proof of work system. Proof of stake is an alternative process for transaction verification on a blockchain.
Tokens are selling at valuations which imply they’ll have millions of users. But can the blockchain support it? If not, how far away are we? 2. Scalability of these components. I think this will be the main limiting factor and what will be discussed in this post.
So you’ve taken the red pill, and now you’re either looking to invest, or have started investing into cryptocurrencies already. With the overall crypto market growing over $100 billion in value in just 2 weeks (as of this writing), the space is heating up and it’s entering mainst(...)
I have been involved in a few venture-capital funded startups, so I’m used to getting introduced to entrepreneurs building software companies. It’s fun to see how people are building the future and a good way to give back.
If you are reading this post, you perhaps already know what a blockchain is. If not, here is an interesting video by the World Economic Forum on what the blockchain is today and could be in the very very near future.
If you watched the hilarious satirical guy explaining bitcoin and understood almost none of it — fear not — today we are going to decode his message! Where do we even start? I know! Let’s start by the most obvious — blockchain! What the hell is a “blockchain”?
Kendrick Nguyen — CEO at Republic, an investment platform connecting tech startups and blockchain projects with retail investors around the world. Juan Hernandez — CEO at OpenFinance Networks, an end-to-end trading platform for Tokenized Securities.
The history of Bitcoin is interesting. It has its origin in 2008, which almost saw a complete breakdown of the US financial system. The fundamental cause of this breakdown was that financial institutions stopped trusting each other and the flow of money stopped.
How could blockchain change our lives? What is a blockchain? At their simplest, blockchains are just lists of transactions – ledger books – that are recorded in a transparent and decentralised way. Transactions are gathered together in blocks, which are connected in linear, chron(...)
You’re here because, like me, you’re psyched about the rise of Cryptocurrencies. And you want to know how Blockchains work—the fundamental technology behind them. But understanding Blockchains isn’t easy—or at least wasn’t for me.
This report sets out the findings of a review exploring how distributed ledger technology can revolutionise services, both in government and the private sector. It covers the: It recommends 8 actions for government to maximise the opportunities and reduce the risks of this new t(...)
Ethereum builds on blockchain and cryptocurrency concepts, so if you are not familiar with these, it’s worth reading a gentle introduction to bitcoin and a gentle introduction to blockchain technology first. This article assumes the reader has a basic familiarity with how Bitcoin(...)
Some people say Ethereum is too logic-heavy and hard to use, but here’s a write-up to give you a feel for building smart contracts and applications with it. Tools, wallets, applications and the ecosystem are still in development and it’ll get easier!
John Palfreyman introduces this first in a series of videos about blockchain technology used for business and enterprise. We start with the background to where a blockchain can be applied to bring business value. We look at how businesses form public and private markets and that(...)
Blockchain is an emerging technology that can radically improve banking, supply chain, and other transaction networks and can create new opportunities for innovation. Businesses contain many examples of networks of individuals and organizations that collaborate to create value an(...)
A plain-language explanation of the Lightning Network, a protocol for scaling and speeding up blockchains. While it was designed to solve some of the technical limitations of the Bitcoin blockchain, it can be implemented on top of any blockchain.
The first Bitcoin paper was first released in 2008. My excitement about the potential of blockchain technology has been building ever since. Decentralized digital currency, once just a far-fetched goal, is finally making inroads into the mainstream.
Smart Contract Security Best Practices Visit the documentation site: https://consensys.github.io/smart-contract-best-practices/ Read the docs in Chinese: https://github.com/ConsenSys/smart-contract-best-practices/blob/master/README-zh.
Republished from the Ethereum blog at the request of Steve D. Mckie. Vitalik suggested last week that I share my basic research and design philosophy in a blog post, I agreed but complained that it was still changing.
Amidst the buzz and excitement of the Bitcoin community, the occasional headline of an exchange getting hacked makes every Bitcoin user’s stomach churn. One of the biggest concerns many of us have is getting our Bitcoin and other cryptos snatched right underneath our noses by hac(...)
Today’s post is about the best Desktop wallets available for storing your Bitcoins. Desktop wallets are wallets that store the private key for your Bitcoins on your hard drive. By nature, desktop wallets are more secure than mobile wallets (since they’re harder to steal).
Following the emergence of file-sharing networks such as Napster and BitTorrent, the record industry has tended to regard peer-to-peer networks in a negative light. This is hardly surprising: in the terms of Yochai Benkler, such networks provided ‘technological shock’ but not ‘ec(...)
Increasing attention is being paid to the potential of blockchain technology to address long-standing challenges related to economic development. Blockchain proponents argue that it will expand opportunities for exchange and collaboration by reducing reliance on intermediaries an(...)
The purpose of this document is to discuss the origins, developments, and economic issues of blockchain technology as well as the industry opportunities presented by different forms of distributed ledger systems. The engineering of digital currencies’ blockchains are presented be(...)
Blockchain - the technology behind the digital asset and payment system Bitcoin - has the potential to transform the supply chain. In fact, some are calling it the most important invention since the Internet itself.
Since the 1999 launch of Napster’s music-sharing platform, the music industry has been in near-constant turmoil, its timeline marked with dipping revenues, lack of transparency, piracy problems and feuds over the fair distribution of dividends. Music companies hate streaming ser(...)
Over the last year the concept of “private blockchains” has become very popular in the broader blockchain technology discussion. Essentially, instead of having a fully public and uncontrolled network and state machine secured by cryptoeconomics (eg.
Blockchain is changing the way we do business, and it’s just getting started. If you’re looking to learn about blockchain and how to incorporate it into your industry, you’re in the right place. In 2016, tech and finance companies alone invested $1 billion in blockchain.
In 2008, an unknown developer (or developer group) invented bitcoin as a new way to send value over the internet. Four years later, a 19-year-old dreamed up a new platform based off of this innovation in an effort to transform the internet entirely.
The following is a transcript from Episode 244 of the Tim Ferriss Show: The Quiet Master of Cryptocurrency with supporting documents and diagrams added to improve the learning experience. It was created using our Podcast to Blog tool.
LONDON — Hot cryptocurrency company Blockchain has hired academic Dr. Garrick Hileman as its first head of research. Hileman has been studying cryptocurrencies since 2011 and holds posts at both the University of Cambridge and the London School of Economics.
This post describes why blockchain governance design is one of the most important problems out there, its critical components, current approaches, potential future approaches, and concludes with suggestions for the community.
On Today's Episode of Let's Talk Bitcoin... Andreas, Stephanie, Jonathan and Adam are joined by Alejandro, an outspoken native Venezuelan who has been following El Petro since the beginning. We talk about the supposedly oil backed, supposedly decentralized cryptocurrency...
The views expressed here are the author’s own and do not necessarily represent the views of Cointelegraph.com. For an economy that emphasizes decentralization, cryptocurrency has ironically relied primarily on centralized platforms of exchange.
I’ve been thinking more about how to accelerate the world’s transition to an open financial system (this is our mission at Coinbase). One way to do this is via a non-profit that distributes small amounts of cryptocurrency to people in developing countries.
You’ve probably seen that I recently started advocating for SegWit to activate on Litecoin and Bitcoin. I wasn’t doing any of this before because it would be wasted energy when the code was not finished.
Swift developments in the emerging field of blockchain technology have facilitated the birth of ‘smart contracts’: computerised transaction protocols which autonomously execute the terms of a contract.
We’ve all heard that blockchain will revolutionize business, but it’s going to take a lot longer than many people claim. Like TCP/IP (on which the internet was built), blockchain is a foundational technology that will require broad coordination.