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What are the Philosophical Underpinnings of Bitcoin?

What are the Philosophical Underpinnings of Bitcoin?

One of the things that has gotten a bit lost in the hysteria around the bitcoin price over the past year or so is why this new technology was created in the first place. Every new altcoin and initial coin offering (ICO) touts features that are supposed to bring investors […]

What Is Polyswarm, and Why Do Its Creators Think It Will Work?

What Is Polyswarm, and Why Do Its Creators Think It Will Work?

“It’s a twist on a prediction market,” said Paul Makowski, speaking about the startup Polyswarm, of which he is Chief Technology Officer. “[It’s] designed to incentivize security experts around the world to proffer information on the latest malware threats.” At the Blockchain Unbound conference in San Juan, Puerto Rico, Bitcoin […]

What Is “Buying the Dips” In Cryptocurrency Investing?

What Is “Buying the Dips” In Cryptocurrency Investing?

It is cheesy investment advice, but it is true. You buy low, and you sell high. In altcoins, in particular, this has more meaning than you might think. In fact, buying in the dips can be an even smarter investment than usual when dealing with digital currencies. Even the most […]

What is a Digital Asset in the Cryptocurrency World?

What is a Digital Asset in the Cryptocurrency World?

“Digital assets” and “altcoins” are often conflated by investors, and it is easy to see why. They are both stored and traded entirely digitally, they offer a right to use, and they both use blockchain to track transactions. However, there is one very big difference between the two.  Bitcoin or […]

What Is a Distributed Ledger?

What Is a Distributed Ledger?

Everyone does the book, whether at work checking invoices or balancing the checkbook at home. If you are old enough to remember the paper books and the transition to using a computer, then you know the convenience of punching in data in one place and having it pop up everywhere […]

Where Do Private Blockchains Fit Into the Cryptoasset Ecosystem?

Where Do Private Blockchains Fit Into the Cryptoasset Ecosystem?

A few years ago, the mantra recited by major organizations when asked about bitcoin was: “I like blockchain, not bitcoin.” Now, it appears we may be moving in the opposite direction with the bitcoin price up tenfold from the beginning of 2017 and more people understanding the value of open, […]

What Are Public and Private Keys for Bitcoin Wallets?

What Are Public and Private Keys for Bitcoin Wallets?

It is a scene you know intimately from Hollywood thrillers. The klaxon blares as two soldiers grimly march toward the box that will launch nuclear weapons. They receive the order to prime the weapon. Each takes out a key and slots it into the lock. And then… well usually the […]

What Is a Decentralized Currency?

What Is a Decentralized Currency?

An incredible amount of resources is dedicated to money in the modern world. Money has a physical and virtual infrastructure. Governments regulate banks, and in return, banks get the protection of law enforcement and economic investment. Central banks control the borrowing rates, keeping a hand on the throttle and brake […]

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