Breaking Down JPM Coin
▻https://hackernoon.com/breaking-down-jpm-coin-f31c41f3f325?source=rss----3a8144eabfe3---4
Loathed by some, this asset is a consequential stepping stoneIs JPM Coin just Schrute Bucks or the new Gold Standard?Since the announcement of JPM Coin, I have seen the full spectrum of reactions. From comparing the coin to Schrute Bucks ? or V-Bucks (the Fortnite videogame currency) to claims that JPM Coin will become the “gold standard” of #cryptocurrency because “The Man” has taken the best part of decentralized technologies and internalized it for their own gain. It quickly became challenging to discern facts from reactionary opinions meant to guard a previously held position, so I decided to go do some digging of my own. I’ve read through J.P. Morgan Chase’s statements on JPM Coin, dove into the Quorum Protocol Whitepaper (the #blockchain protocol on which the JPM Coin will initially (...)