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 […]
Zimbabwe’s U$ 10k BTC exposes the inneficiency of centralized bureaucracy
You would think a high liquidity market such as Bitcoin would present small spreads from country to country. But that’s not the case at all. And it’s not Bitcoin’s fault. With the speed of cryptos, investors have gotten used to very fast transactions, even complaining when a settlement takes more than an hour to complete. […]
Concepts In This Page
Distributed Ledger
-
A distributed ledger is a decentralized financial database with data stored across multiple locations.