Brief introduction about blockchain and crypto currencies covering original concepts.
When the Wright brothers invented the airplane in 1903, it was hard to imagine there would be over 500,000 people traveling in the air at any point in time today.Continue reading “The Blockchain and US | Documentary”
Bitcoin: The End of Money as we Know It examines the meteoric ascent of the revolutionary cryptocurrency which rose from the ashes of the 2008 global financial crisis. As economies, and ultimately people, struggle all over the world, Bitcoin purports to provide an antidote to a world in which money is created irresponsibly by private banks. This Kickstarter funded film dissects the underlying assumptions that we make about money, and also questions the Bitcoin advocates assertions about this new digital currency. Will Bitcoin really signify the inauguration of a new Internet-based monetary system, or is it a Ponzi scheme, another bubble waiting to burst? Several experts and economic commentators, some enthusiastic and others sceptical about the potential of Bitcoin are cross-examined as the documentary explores the question: Is this the end of money as we know it?
Blockchain technology is disrupting the future because of its much faster and more seamless payment methods than traditional methods. The core of Blockchain Technology is its decentralized system, which is used for recording and documenting transactions involving a particular cryptocurrency, which could be bitcoin or any other digital currencies. Blockchain technology is already being used in many areas, including smart contracts, supply chain analysis, identity management, and much more. Moreover, the full potential of Blockchain technology was not discovered yet. In this video, you will get the idea about the high importance of Blockchain technology and Cryptocurrencies from the world-renowned influencers.
Decentralization is purely a means to the end goal of immutability. Decentralization is not the end in itself, and there’s a lot of people out there who I feel have been misled into thinking that decentralization is the end goal in and of itself, and anything that has 80% decentralization versus 100% decentralization is a “shitcoin”, when in my opinion that’s simply not the case. I would much rather have high throughput, high features, high transactional capacity, low fees and immutability and censorship resistance with a middle-ground of enough decentralization to make that possible, versus the ridiculous notion of “must have 100% decentralization. Must be able to run 1MB blocks on Raspberry Pi nodes, on laptops built in 1990, so that we can have 100% decentralization—oh, but we can only do 4 transactions per second” and yes, I’m talking about Bitcoin. And that’s essentially the mindset of Bitcoin and that’s again why I feel very strongly that that’s a flawed mindset.
Learn more about the cryptoworld and why you should be part of a decentralized club.
Smart contracts and tokens in bitcoin
This video provides an introduction to Bitcoin and the Blockchain Industry
A token is a scarce digital asset whose ownership is tracked on a public blockchain.
Tokenization refers to the accelerating trend of representing digital and real-world assets as tokens on public blockchains, such as Ethereum.
What is 0x?
0x is a community-owned protocol that provides p2p exchange infrastructure and aggregated liquidity that enables the crypto economy to swap tokens at the best prices.