See Also
ELI5 Who is Nick Szabo?
Nick Szabo is an American cryptography specialist, known for pioneering work in digital currencies. Considered by many to be the father of smart contracts, a concept he developed in the 1990’s. A few years later, Szabo implemented Bit Gold – a digital currency which laid the framework for several ideas behind modern cryptocurrencies. In a […]
Cryptocurrencies and digital governance: Blockchains for transparency
Governance involves higher level management at a strategic level. The main purpose for the adoption of proper governance frameworks and processes is to maximize value for stakeholders by avoiding legal and compliance setbacks. At the same time, governance also concerns itself with internal monitoring, evaluation and direction of priorities by an enterprise. By complying with […]
ELI5 Bitcoin to USD conversion
Bitcoin itself does not offer a US Dollar for Bitcoin exchange system. If you’ve just arrived in the world of cryptocurrencies, this may cause some confusion. Bitcoin is a completely virtual crypto asset that exists within its own blockchain. The only way to convert Bitcoin to US Dollars, and from USD back to Bitcoin, is […]
ELI5: Why is the “fast” Ethereum sync so slow?
Why is the geth sync so slow? I keep hearing this question again and again from Ethereum node operators. Why is it still so difficult to fully sync an Ethereum full node? Slow Geth Users have been complaining forever now about the notoriously slow geth sync on the official Ethereum wallet. Some even question the […]