Crypto IQ
Recent events at the Decentralized Autonomous Organization (DAO) are unfortunate Despite the gravity of the consequences; we, the cryptocurrency community, must be certain to proceed in a very thoughtful, prudent and deliberate manner. A reactive and emotional response will have a long lasting impact on the entire cryptocurrency community, including Bitcoin. I wish to offer […]
This brief article helps to clear up a common misconception about Bitcoin. Bitcoin is frequently portrayed as the chosen currency of crooks. There is no doubt that criminal activity has been associated with the Bitcoin ecosystem, but I would argue that cash is still king in the underworld. Jason Bloomberg writes in his recent Forbes […]
Advice to Ignore at Your Own Peril To Whom It May Concern: And concerned you should be, gravely. A storm is brewing on the distant horizon, more clearly visible to some than others. From our lookout perch, using high-tech vision enhanced with deep research, the threat is unequivocal. Decisive timing is uncertain but the path […]
Introduction The current major cryptocurrency is Bitcoin[1]. Changes to the Bitcoin protocol have to be conservative and slow so as not to destabilize the network, and thereby diminish its value. This in turn prevents rapid innovation that is prevalent in software development. The original solution to innovate upon Nakamoto’s invention was simply to fork the […]
Below is a step-by-step tutorial that explains what sidechains are, why they’re useful, and how to approach working with an alpha (early-stage) sidechain environment. While the exact details may vary depending on the specific blockchain platform and sidechain framework you are using, the fundamental concepts remain similar. What Are Sidechains? Sidechains are separate, interoperable blockchains […]
Fedcoin and the Emerging Landscape of Central Bank Digital Currencies Since the invention of Bitcoin, both economists and policymakers have given substantial thought to the idea of government- or central bank-issued digital currencies. The initial vision of a “Fedcoin”—a U.S. Federal Reserve-issued cryptocurrency—was discussed as early as 2014 and 2015, most prominently when David Andolfatto […]