The idea of multiple blockchains ultimately interacting with each other seems as intuitive an evolution as any prognosis on the future of the technology and is highlighted here by Jerry Cuomo, IBM Fellow and VP of Blockchain. Continue reading “One Blockchain Network To Rule Them All? Nix.”
Cryptocurrency Security Issues
Having spent years in the software and data industry, I’m aware of how imperfect software is. Heck, any casual user of software has likely had that realization.
Hence, it’s not much of a stretch to state that I don’t think we’ve seen the end of security vulnerabilities in cryptocurrencies. And as highlighted in this article, Bitcoin Dev Finds Potentially Crippling Security Flaw In Bitcoin Cash, some issues are still being discovered in mid-2018 that are remarkably serious. Continue reading “Cryptocurrency Security Issues”
Traditional Venture Capitalists Funding Blockchain
Venture capitalists invest in new businesses in exchange for an equity stake. Whether they make any money at all, or how much they make, is determined by the success of the target business. Hence, venture capitalists are selective about what they invest in, but high growth potential is a key expectation, often in 3–7 years. Continue reading “Traditional Venture Capitalists Funding Blockchain”
Blockchain: Who Wins?
Bitcoin vs Fiat Currency
If you’re a proponent of Bitcoin, you likely consider it to be the future of currency. Others underscore its volatility and abuse by bad actors, terrorists, and international drug cartels as representative of a bad idea.
According to this analysis by UBS, a Swiss multinational investment bank, a significant liability is that its networking capabilities are too slow. Ethereum is much faster, but still not up to the scale necessary for processing massive transactions.
However, at least two private Swiss banks are now accepting cryptocurrency deposits.
Regardless of where you stand on the current state of Bitcoin and cryptocurrencies in general, things will change. And new technologies that impact large swaths of international populations don’t always accomplish such in a linear fashion.
Blockchain Is Entering The Crypto 2.0 Phase
Chris Langlois Co-Founder of Crypto Equities speaks about the current environment of cryptocurrencies.
Bitcoin pioneered the crypto market. It’s a way to store value in a different form. But there has been a lot of volatity and scams and it’s still in its infancy.
The market is wisening up and we are entering the Crypto 2.0 phase.