State Sponsored Money – Under Pressure?
Today, state sponsored money is under pressure. The emergence of two threats has added urgency to the agenda to defend it.
Tagged: bitcoin
A gentle introduction to Initial Coin Offerings (ICOs)
Some technology startup companies are raising money in a new way, by issuing digital tokens in return for funds. This is often colloquially called “doing an ICO”, and this article aims to explain how...
What’s the difference between a distributed ledger and a blockchain?
A blockchain is a type of distributed ledger. But new distributed ledgers are emerging. These are databases where control over the data’s evolution is shared between entities. Here’s a handy cheatsheet.
The emergence of blockchains as Activity Registers
This post tries to describe two very different uses for blockchain technology: Digital Token Ledgers that record ownership changes of digital tokens, and Activity Registers that record timestamped proofs of existence of data or agreements...
Confused by blockchains? Revolution vs Evolution
This article attempts to explain the difference between the revolutionary disruptive innovation of Bitcoin and the evolutionary efficiency innovations of industry workflow tools, and why calling them both “blockchains”, even as a generic term, is incredibly confusing.
Bitcoin’s network in one infographic
I have been looking for a one pager explaining the difference between users, miners, nodes and other participants on the bitcoin network. I couldn’t find one so I attempted to draw my own. Here it is....
In a nutshell: MultiChain (Epicenter Bitcoin interview – Nov 2015)
I enjoyed listening to episode 107 of the podcast “Epicenter Bitcoin” where Gideon Greenspan, CEO and Founder of Coin Sciences was interviewed about MultiChain. Gideon also writes a great blog. Here are my notes on parts of...
A gentle introduction to immutability of blockchains
In the context of data security, the immutability of data stored on blockchains is important. What do people mean when they say “Blockchains are immutable”? In this post I try to explain the key concepts. It...
A gentle introduction to digital tokens
We explore digital tokens in relation to cryptocurrencies and blockchains, differentiating between blockchain-native tokens like BTC and asset-backed tokens like IOUs on Ripple.
A gentle introduction to bitcoin mining
Mining is the process of writing pages (blocks) of bitcoin transactions into the bitcoin ledger, called ‘The Bitcoin Blockchain’, and getting rewarded with newly created bitcoins. More…
