See Also
Proof of Elapsed Time (POET) Summary [Cryptocurrency consensus mechanisms]
In this poetically named consensus mechanism, network participants prove that they have slept for a random amount of time before being able to mint a block. POET was released by Intel in 2016 and was originally aimed at trusted computing using Intel CPU’s. A special instruction set called Software Guard Extensions (SGX) allows programs to […]
Who is Erik Voorhees? What is Erik Voorhees’ net worth?
Erik Voorhees (born 1985) is the founder and CEO of ShapeShift.io – an innovative and pioneering cryptocurrency exchange which allowed anonymous users to instantly exchange several pairs of cryptocurrencies. ShapeShift.io On ShapeShift’s original interface, users would automatically receive unique single-use deposit addresses. Cryptocurrency sent to that unique address would be automatically converted to another chosen […]
Opinion: Decentralized blockchains can only survive having a valuable token, like Bitcoin, attached to them [Feb 2018]
We’ve heard this time and again, especially from folks in the financial sector: “blockchain is here to stay, Bitcoin not so much”. Is this really so? We disagree, and in this article we discuss the origins of Bitcoin and how the problem it solved only makes sense when there’s a reward for participants to join […]
ELI5 Don’t ever mix paper and electronic wallets!
Whatever cryptocurrency you might use, don’t ever mix paper and electronic wallets! In this article we give a ELI5 overview of paper wallets and what you need to know to keep your crypto safe from theft or accidental loss. Paper Wallets First, let’s take a quick look at how paper wallets work. Cryptocurrencies use what […]