See Also
ELI5 Proof of Stake (PoS) – How does PoS work?
In the cryptocurrency universe, Proof of Stake (PoS) is one of the most popular alternatives to the Proof of Work (PoW) family of consensus mechanisms. While PoW systems invest large amounts of energy to make sure transactions are legit, PoS does not require mining hardware. Proof of Stake “miners” (stakers) must lock a financial stake […]
We think Elon Musk IS the real Satoshi. For real. [Nov 2017 Humor]
We know what you’re thinking: this post can’t be serious. But it is. Like, dead serious. After dismissing the theory that Elon Musk is Satoshi Nakamoto as a joke for a long time, we went and had a closer look at the arguments behind this rumor and, as this piece from Entrepeneur put it, the […]
ELI5: Blockchains explained in simple terms
A blockchain is a database formed by a sequence of entries called (you guessed it) blocks. Blockchains have a special characteristic by which any attempt to modify one of its entries would modify the entire chain. It is, therefore, an immutable data structure, which stores blocks in chronological order of insertion. This makes blockchain a […]
The Art of War in cryptocurrency investing [Feb 2018 Opinion]
In late 2017 the markets celebrated Bitcoin adoption by Wall Street. Bitcoin was finally going to New York! Jamie Dimon and other large bank CEOs were dissing Bitcoin which, in banker speak, means they were buying. Notice how Bitcoin started to dip exactly when Dimon said he “regretted” calling Bitcoin a fraud and then started […]