#bitcoin

Can #blockchain Genuinely Help Impoverished Communities ?
▻https://hackernoon.com/can-blockchain-genuinely-help-impoverished-communities-d1a25b0c79c6?sour

Community currencies and how they can help impoverished communities flourishFalling down the #cryptocurrency rabbit hole was an unexpected turn in my life, and it’s reaped some unexpected benefits.One of them is the wealth of knowledge I accidentally consumed about monetary policy and economics.Regardless of the reasons you became interested in blockchain and cryptocurrency — that interest has more than likely spurred a lot of education.An old trading mantra is, “Never buy what you don’t understand”. Assuming that most of you have taken this to heart would mean that most of you also have a great understanding of blockchain concepts.What I’m getting at here is, we’ve created a large internet community of people who are extremely passionate about monetary theory and the concept of money- but we (...)

#impoverished-blockchain #bitcoin #bancor

10 confirmations — #singapore is THE hotbed for #cryptocurrency and blockchain companies
▻https://hackernoon.com/10-confirmations-singapore-is-the-hotbed-for-cryptocurrency-and-blockcha

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10 confirmations — Singapore is the hotbed for cryptocurrency and blockchain companiesA staggering number of over 634 companies were incorporated in Singapore with a combined market cap of approximately $8.3BSingapore was dubbed as the country that was extremely hot in the #ico boom of 2017 to 2018. As all information on companies registered in Singapore is public, a chance encounter led us to researching on just how many companies in the blockchain and cryptocurrency industry are incorporated in Singapore. Please scroll to the bottom of the article to find the full dataset. The analysis of the dataset may contain errors of classification, please do your own research.We found that there are 634 companies incorporated in Singapore with possible relations to cryptocurrencies and blockchain (...)

#bitcoin #singapore-cryptocurrency

#bitcoin Bear Market Diaries Volume 3 with Jimmy Song
▻https://hackernoon.com/bitcoin-bear-market-diaries-volume-3-with-jimmy-song-24bfb9350b2c?source

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The Bitcoin Bear Market Diaries are a series of interviews featuring various important voices and perspectives in the Bitcoin ecosystem. Each interviewee was carefully selected and asked the same group of questions. The main goal was to provide the world with a collection of commentary and opinions on the state of the current Bitcoin and crypto market. Some of the names you will recognize while others don’t wish for the limelight but have great insight and experience we all can learn from.These interviews are raw and unfiltered with no agenda other than giving each individual their opportunity to speak their mind. If you like what you see, please share with your friends. If something offends you, you should probably X out and find another crypto fluff piece that gives you warm  (...)

#investing #blockchain #cryptocurrency #hackernoon-top-story

#privacy on #bitcoin and Why Everyone Should Care
▻https://hackernoon.com/privacy-on-bitcoin-and-why-everyone-should-care-bed439e2550f?source=rss-

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When GiftUnless you’ve been living off the grid for the past twenty years, it’s pretty obvious that the world (led by Sweden in the West and China and South Korea in the East) is trending toward a cashless society. In countries that have kept pace with the latest advances in Fintech, transacting with bank cards, Paypal, Venmo and a growing list of mobile apps has become the norm. Cash payments in Europe have been consistently on the decline over the past decade, and in Sweden, more than 40% of the cash supply has been taken out of circulation since 2007. We embrace digital payment rails because they’re the most effortless way to shop these days. Convenience is always king. But there are no free rides in life, including the “free” online services we all enjoy. We ultimately pay for them one (...)

#cryptocurrency #technology #blockchain

#bitcoin: The Living Room Revolution
▻https://hackernoon.com/bitcoin-the-living-room-revolution-9acdf521295e?source=rss----3a8144eabf

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Bitcoin and #crypto are a massive crowd-sourced project to increase individual sovereignty over money and information, which, if successful, will transform the world we live in, forever.“The tree of liberty must be refreshed from time to time with the electricity and computing power of patriots and revolutionaries.” — Thomas Jefferson (if he were alive today)It’s about LibertyMost of the world’s money is fiat money. Fiat is a dirty word. Its usage is rooted in phrases like “by Royal fiat” as in, by Royal command.While we may think that we tossed off the shackles of ‘rule by fiat’ from monarchies and dictatorships, we still comfortably refer to our money as “fiat”. It is, after all, printed on-demand by a handful of people whenever they wish. This point shouldn’t be taken lightly because the power of (...)

#cryptocurrency #crypto-mining

Afraid of the Dark: How understanding #bitcoin changes public #opinion for the better
▻https://hackernoon.com/afraid-of-the-dark-how-understanding-bitcoin-changes-public-opinion-for-

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Afraid of the dark: How understanding Bitcoin changes public opinion for the betterYou might recall a time in your childhood when it was frighteningly dark; too dark to see and move confidently in your surroundings. In this state of vulnerability, you may have envisioned someone or something, not perceived, to be within your midst, threatening to cause you harm in one way or another.By D KleineAs a child, your #fear of the dark might have centred on some imaginary creature under your bed, for example. A haunting monstrosity, ready to creep out and clutch you with its menacing claws, you imagined, could be concealed in the darkness, waiting to pull you down into a fearful realm of nightmares.At the heart of it, it’s an intuitive and instinctive fear — not so much of darkness — but more (...)

#finance #cryptocurrency

A state of the art of decentralized web — Part 3
▻https://hackernoon.com/a-state-of-the-art-of-decentralized-web-part-3-7d901e09d06f?source=rss--

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A State of the Art Decentralized Web — Part 33. #blockchain and smart contractsThis article is the third chapter of a series about web #decentralization. Here we will focus on one of the most trending buzzwords of the year: the blockchain. While it has real and unquestionable potential, it also has significant limits. We will have a look at the main public blockchains (meaning available to everybody) and see when it can be a clever choice in a project.Coder bingo, CommitStripSeries articlesIntroductionFile storageBlockchain and smart contractsDatabases — coming soonGoing mobile — coming soonBefore going further, if you have no idea what blockchain is, watch this 2 minutes video to get the main principles:▻https://medium.com/media/b8d1fe4c57fae57dbd5d395b7cfe9ccc/hrefA brief history of the (...)

#bitcoin #eos #ethereum

A Case Study on HUSD
▻https://hackernoon.com/a-case-study-on-husd-752b16a2d1f8?source=rss----3a8144eabfe3---4

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Case Study of Huobi’s HUSD SolutionHuobi recently announced a trial upgrade to their stablecoin service, now titled HUSD Solution V2.0. The intent is for Huobi to help meet user demands when it comes to stablecoins by offering support for interchangeability between Paxos Standard (PAX), True USD (TUSD), USD Coin (USDC) and Gemini Dollars (GUSD). Users can use these stablecoins on their exchange, where these four tokens are represented under one quote currency titled HUSD.Interestingly enough, this rollout was revealed only 3 months after the launch of the first version. What went wrong? The purpose of this article is to highlight HUSD’s design flaws and outline the events which occurred because of it. Detailing these episodes is important because it provides insight on how the ecosystem (...)

#bitcoin #cryptocurrency #fintech #blockchain

A Brief Primer on Navigating TokenSpace
▻https://hackernoon.com/a-brief-primer-on-navigating-tokenspace-2290a90b5a65?source=rss----3a814

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This is the second in a series of pieces focussing on TokenSpace, a novel conceptual classification framework for cryptographic assets. This Q&A provides some additional background. If you need more answers than these two pieces provide, get in touch to be a lucky proof-reader of the manuscript.TokenSpace may be considered by analogy with our own spatio-temporal conception of reality, consisting of a three-dimensional space delineated (for convenience and visual clarity) by orthogonal axes Sbar, Mbar and Cbar. Assets may possess a score or range on each axis between 0 and 1 inclusive giving rise to an object inhabiting a region of TokenSpace described by the (x, y, z ) co-ordinates (C, M, S). Time-dependence of object properties may also be incorporated to reflect the dynamic (...)

#blockchain #hackernoon-top-story #cryptocurrency #taxonomy #bitcoin

My TAB Recap- Making #bitcoin Weird Again (That’s A Good Thing)
▻https://hackernoon.com/my-tab-recap-making-bitcoin-weird-again-thats-a-good-thing-399108df31b3?

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Edgy sign. Bold Hashtags. DJPEPE sticker. My kind of a party.We are six weeks into 2019, and I’ve already been to three conferences that were all unique in their own way. I wrote about my Vegas experience at the Unconfiscatable #conference, which was billed as “Bitcoin Not #blockchain” and featured mostly self-described Bitcoin maxmillists and HODLers. I was in Mexico for an invite-only conference, which I attended as a guest but was not directly invited to, so out of respect for the rules I didn’t write about it. Finally, I just got back from TAB, which happened to take place in one of my favorite cities- HotLanta. The Atlanta Blockchain, or TAB, is an east-coast boulder in the Blockchain earth and even features their own Bitcoin Embassy. The organizers did a great job and I have to give a (...)

#tabconf #cryptocurrency

3 Reasons why JPM Coin By JPMorgan Is Awesome For Blockchain Adoption
▻https://hackernoon.com/3-reasons-why-jpm-coin-by-jpmorgan-is-awesome-for-blockchain-adoption-67

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Here Are The Reasons Why JPM Coin By JPMorgan Is Awesome For Blockchain AdoptionJPMorgan Chase introducing their #cryptocurrency called JPM Coin on 14th February 2019, reported by Cointelegraph. JPM Coin works like #bitcoin. It speeds up transactions between JPMorgan customers. JPM Coin is pegged to the US Dollar unlike other highly volatile cryptocurrencies- like a stablecoin. JPMorgan Chase is the first major United States bank to introduce its own digital coin for real-world usage. The news further highlights Wall Street’s positive sentiments about blockchain technology.CEO of JPMorgan Chase, Mr. Jamie Dimon, has affirmed blockchain technology’s potential in the future global financial system despite his initial critique of Bitcoin in September 2017. JPMorgan Chase has been (...)

#jpmorgan-chase #jpm-coin #blockchain-adoption

The Four Horsemen of the #cryptocalypse
▻https://hackernoon.com/the-four-horsemen-of-the-cryptocalypse-33acee1d79ac?source=rss----3a8144

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Although the #crypto industry is showing strong adoption and development as we start 2019, there’s Four Horsemen of the Cryptocalypse who would rather watch blockchain bend the knee, or bend it to their will.Four Horsemen of the Apocalypse — Conquest, War, Famine & Death (1887) by Victor VasnetsovApocalypse is a word which most crypto investors who have lived (or survived) through 2018 are familiar with. It isn’t a feeling as such, but if it were, it’s the one you might get when you look at your annual portfolio performance in Blockfolio.In a year where we heard one of the worlds richest men, Warren Buffett, describe #bitcoin as “probably rat poison squared”, it’s safe to say there’s been more than a few detractors who believe cryptocurrencies are trading well above their true valuations.Of (...)

#four-horsemen #cryptocurrency

New Benchmark Supports Claims of ‘10,000 TPS’ #blockchain
▻https://hackernoon.com/new-benchmark-supports-claims-of-10-000-tps-blockchain-2bc8db0b98b4?sour

In the fight for attention among the crypto media and community, it is exceptionally common for projects to boast competitive achievements pertaining to quantitative metrics in a bid to make headline news.Transactions-per-second (or TPS) is just one of these and sits at the centre of an ongoing technological arms race to create the fastest engine for blockchain transaction speeds.Whilst many bogus and otherwise unbelievable claims have been made by rivals, the transactions-per-second achieved by the QtumX blockchain (if the benchmark is to be believed) puts it far ahead of the ‘top tier’ chains.(For the record: #bitcoin is estimated to be capable of processing just seven TPS, whilst Ripple can currently process approximately 1,000 TPS.)The Need For #qtum SpeedOne of the latest companies to (...)

#blockchain-technology #cryptocurrency

Why Doesn’t Anyone in Crypto Think About Distribution?
▻https://hackernoon.com/why-doesnt-anyone-in-crypto-think-about-distribution-3974e5bf7318?source

Cryptocurrencies are global and accessible. No sign-up is needed, and you can start interacting with a permissionless #blockchain to move cryptocurrencies from user account to user account without a middleman — or counterparty. However, most cryptocurrencies rely on network-effects business models where the #cryptocurrency is only as good as those who use and accept it.Despite the hype and appeal surrounding cryptocurrencies, it hasn’t yet reached mass market adoption and few use cryptocurrencies or functional activities outside of speculation, such as to pay for goods or services. The reason may be twofold:Do the projects or companies have product-market fit? Are they solving a meaningful problem for a specific customer segment?Have companies and projects figured out how to distribute (...)

#bitcoin #crypto-distribution #fintech

“Proof-of-Nuclear-Bombs”: a most reliable design for stablecoin utility (Part I)
▻https://hackernoon.com/proof-of-nuclear-bombs-a-most-reliable-design-for-stablecoin-utility-par

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David Landes’s The Unbound Prometheus (1969) was published just as the Nixon Administration was establishing the new fiat currency regime. Perhaps nuclear power was Prometheus’s “gift of fire” to the US dollar and United States… or was it?This is a 3-part analysis on a more sociological take on the history of world reserve currencies to preface the purely financial or technical discussions of stablecoin and digital currency mechanics. By no means am I providing the end-all-be-all guide on stablecoin design, but merely providing some anthropological equipment on how to approach the stablecoin discourse and what other thoughts came about from this mode of analysis and way of thinking. Part II aims to explain a theory on the origination of the velocity (or vortex) of money created by this (...)

#stablecoin-utility #proof-of-nuclear-bombs #bitcoin #stable-coin #cryptocurrency

#bitcoin Bear Market Diaries Volume 2 with Akin Fernandez
▻https://hackernoon.com/bitcoin-bear-market-diaries-volume-2-with-akin-fernandez-9dd718bce35c?so

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The Bitcoin Bear Market Diaries are a series of interviews featuring various important voices and perspectives in the Bitcoin ecosystem. Each interviewee was carefully selected and asked the same group of questions. The main goal was to provide the world with a collection of commentary and opinions on the state of the current Bitcoin and crypto market. Some of the names you will recognize while others don’t wish for the limelight but have great insight and experience we all can learn from.These interviews are raw and unfiltered with no agenda other than giving each individual their opportunity to speak their mind. If you like what you see, please share with your friends. If something offends you, you should probably X out and find another crypto fluff piece that gives you warm  (...)

#bitcoin-interview #hackernoon-top-story #akin-fernandez #bitcoin-bear-market

Bill Barhydt on How #abra Is Building a Global Bank With #bitcoin
▻https://hackernoon.com/bill-barhydt-on-how-abra-is-building-a-global-bank-with-bitcoin-ef5f66d9

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Audio interview transcription — WBD073Note: the following is a transcription of my interview with Bill Barhydt, CEO and Founder of ABRA. I use Rev.com from translations and they remove ums, errs and half sentences. I have reviewed the transcription but if you find any mistakes, please feel free to email me. You can listen to the original recording here.You can subscribe to the podcast and listen to all episodes here.In this episode, I talk with Bill Barhydt, the CEO of ABRA. We discuss their recent announcement whereby users of the app can use Bitcoin to trade stocks and ETFs and the complexity of building a global bank on Bitcoin.▻https://medium.com/media/18869c019574e610f6724906afed6ebf/hrefConnect with What Bitcoin Did:Listen: iTunes | Spotify | Stitcher | SoundCloud | YouTube | (...)

#trading #blockchain

#blockchain in the #finance Industry — New Technology to Solve Old Problems
▻https://hackernoon.com/blockchain-in-the-finance-industry-new-technology-to-solve-old-problems-

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Blockchain in the Finance Industry — New Technology to Solve Old Problems2008 Financial CrisisIn 2008 the world bore witness to what many top economists believed to be the worst financial crisis since the great depression. The initial cause of this collapse originated in the subprime mortgage market in the US and was further exacerbated by excessive risk-taking by banks such as Lehman Brothers. In order to prevent a potential collapse of the world financial system, massive bailouts of financial institutions were employed.The following years proved to be a difficult challenge, particularly in the US, due to the housing market. People suffered evictions, foreclosures and an exorbitant amount of job losses. On top of this, key businesses failed and consumer wealth declined by trillions of US (...)

#crypto #cryptocurrency #bitcoin

2019 Privacy Token Review
▻https://hackernoon.com/2019-privacy-token-review-c28b6ceef637?source=rss----3a8144eabfe3---4

Comparative Review of Privacy Token and Token EconomicsContributed by @Dennis_ZThis article encompasses pretty much everything you need to know about the Landscape of Privacy Tokens. It is a bit long and feel free to use Table of Contents to jump to specific sections. If you think the article is helpful, please Follow Me and Clap 50 Times [yes, you can clap multiple times].Table of Contents:1. Why Privacy Token?2. Review of Privacy Tokens3. Privacy Token Economics4. Dilemma — Regulatory Surveillance vs. Privacy1. Why Privacy Token?Blockchain is a network allowing peer-2-peer transactions without authorities while keeping transaction counter-parties anonymous. Privacy is the ability of an individual or group to seclude themselves, or information about themselves, and thereby express themselves (...)

#hackernoon-top-story #privacy-token #bitcoin #token-economics

JP Morgan Launches Its Own Digital Currency, And China’s Baidu Reveals #blockchain OS
▻https://hackernoon.com/jp-morgan-launches-its-own-digital-currency-and-chinas-baidu-reveals-blo

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The State of The Market — February 15, 2019 BTC: $3,640.40 (+0.69%) ETH: $123.21 (+0.91%) XRP: $0.303646 (+0.20%)After a slow decline in the last couple of days, the #crypto market posted small gains today. While #bitcoin is still struggling to move past $3,650, the total market cap added nearly $1.5 Billion in the last 24 hours. All of the top 10 cryptocurrencies are in green right now, posting single-digit gains. A clear trend could emerge over the weekend when volumes are low. Meanwhile, Ethereum managed to defend its support at $100 this week, and Ripple has bounced back above $0.30.In other news, Coinsquare, one of the largest #cryptocurrency exchanges in Canada, has announced the acquisition of the StellarX decentralized exchange as it continues to evolve its platform. The StellarX (...)

#cryptocurrency-investment

A Game of Coins: How Brock Pierce Aims to Bring A New Hope to Digital Monies in the 21st Century
▻https://hackernoon.com/a-game-of-coins-how-brock-pierce-aims-to-bring-a-new-hope-to-digital-mon

In a galaxy far, far away, there are crypto-kingdoms comprised of over 2,000 coins — but with the number of experts, regulators, and players, how can #bitcoin’s reputation be harmonized and preserved among them all?Photo Credit: Gilles Bonugli Kali / IG: @gbk.styleA long time ago in a galaxy far, far away…A new digital asset class emerged. Satoshi Nakamoto’s whitepaper on this new asset class was released in 2008, giving birth to Bitcoin, the world’s first cryptocurrency. The birth of Bitcoin took the world by storm as digital natives and nomads rushed to learn its origin and secrets.But, in February 2011, a dark force arrived and joined forces with Bitcoin, operating as the internet’s “Wild West” and ultimate black market for drug dealers, gun runners, and document forges.For three years, the Silk (...)

#game-of-coins #brock-pierce #mtgox #gox-rising

The Female Wave in #blockchain
▻https://hackernoon.com/the-female-wave-in-blockchain-38baf17ac0a5?source=rss----3a8144eabfe3---

There’s been a large movement of people into blockchain over the past few years, likely due to the lucrative and challenging nature of the space, perfect for professionals that want to maximize their contribution towards challenging the status quo. Helping encourage this trend to continue is important, especially in regards to attracting professional women to the space. My belief is that having the right people is key; only with the best team can you achieve your greatest goals, create the best products, and best serve your customers — and ultimately, the best teams include women.As an example, some of the very top thought leaders in blockchain are female. In fact, there are lots of exceptional women that have really made their mark on the space, ranging with anything from evangelizing (...)

#hackernoon-top-story #technology #cryptocurrency #bitcoin

Reaching Everyone: the Political and Humanitarian Potential of #bitcoin
▻https://hackernoon.com/q-a-on-reaching-everyone-3edb056f266e?source=rss----3a8144eabfe3---4

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This conversation with In The Mesh was recently published on their website. Wassim Alsindi, director of research at Parallel Industries, is currently co-writing a series of articles In The Mesh in which he’s deep-diving into bitcoin and the potential for #cryptocurrency to be leveraged to assist those living under authoritarian rule. If you’ve missed them, be sure to check out parts I and II and come back soon for the last two installments. Wassim’s take on everything “crypto” is incisive, studied, and worth listening to, and he has an interesting background, ranging from academe to experimental music. So we chatted with him to learn more about his background and get his perspective on some current trends in the cryptosphere.Kevin Durkin for In The MeshWhen did you first hear about (...)

#money #hackernoon-top-story #freedom

#bitcoin Bear Market Diaries Volume 1 with Hodlonaut
▻https://hackernoon.com/bitcoin-bear-market-diaries-volume-1-with-hodlonaut-124c4467b05e?source=

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The Bitcoin Bear Market Diaries are a series of interviews featuring various important voices and perspectives in the Bitcoin ecosystem. Each interviewee was carefully selected and asked the same group of questions. The main goal was to provide the world with a collection of commentary and opinions on the state of the current Bitcoin and crypto market. Some of the names you will recognize while others don’t wish for the limelight but have great insight and experience we all can learn from.These interviews are raw and unfiltered with no agenda other than giving each individual their opportunity to speak their mind. If you like what you see, please share with your friends. If something offends you, you should probably X out and find another crypto fluff piece that gives you warm  (...)

#hackernoon-top-story #cryptocurrency #investing #blockchain

An Overview of MakerDAO
▻https://hackernoon.com/an-overview-of-makerdao-21e9f34aa1f3?source=rss----3a8144eabfe3---4

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This piece provides an overview MakerDAO including how it functions and what long-term potential it may have.SourceWhat is MakerDAO?MakerDAO, also known as Maker, is a #crypto-collateralized stablecoin that uses a two-token system comprised of Dai, which targets a value of $1 per unit, and Maker (MKR), which is used to pay fees on Dai loans and grants governance input via voting on Maker’s policies, like the collateral ratio required on loans and the amount of fees charged on loans. Maker has a fixed maximum supply and when it is used to repay Dai loan fees it is burned, thereby reducing the circulating supply. To keep the price of a unit of Dai at $1, Maker employs incentive mechanisms that will be detailed later in this piece. For greater context on stablecoins as a category and the (...)

#cryptocurrency #bitcoin #blockchain #ethereum