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What Does “Proof of Work” Mean?

What Does “Proof of Work” Mean?

You likely remember high school math and being told to “show our work.” It was not just that you had to get the right answer. You had to show the teacher that you understood the process. Who knew that, years later, you would be asked the same question about mining […]

What Does “Trustless” Mean?

What Does “Trustless” Mean?

You might not often think about the system that underlies how you spend money. If you do think about it, in every transaction, there is a middleman you trust. You swipe a card, and the card processor handles the transaction, protecting both you and the merchant against fraud. You write […]

Why a Call for Clarity Is in Order in the Crypto Space

Why a Call for Clarity Is in Order in the Crypto Space

The amount of news coming out of the bitcoin space has calmed down a bit since the recent price correction, but there were still two vitally important stories you have to know about from this week. First, the conversation around the negative effects altcoins made through bitcoin hard forks can […]

MeetnGreetMe ICO: Evaluation and Analysis

MeetnGreetMe ICO: Evaluation and Analysis

The Quick Pitch Founded in 2014, MeetnGreetMe is a global ecosystem where every traveler can request services tailored to their travel needs and budget. The services are delivered by resourceful local people and paid for via a blockchain-enabled, peer-to-peer payment system. The token on the MeetnGreetMe platform is the WelcomeCoin, […]

Cappasity ICO: Evaluation and Analysis

Cappasity ICO: Evaluation and Analysis

The augmented reality and virtual reality (AR/VR) market is expected to enjoy robust growth over the next several years. However, certain obstacles – namely, a lack of high-quality AR/VR content, the substantial cost of developing such content, and concerns about copyright protection – could hamper this expansion. The Quick Pitch […]

Lamden Tau ICO: Evaluation and Analysis

Lamden Tau ICO: Evaluation and Analysis

The Quick Pitch Lamden is a suite of developer tools that speed up the process of creating new and custom blockchains and apps. The Lamden Tau token connects these new projects together and with mainchain cryptocurrencies. The Lamden ICO began on December 1, 2017, and ended on January 3, 2018. The […]

What Is a Bitcoin Mining Pool?

What Is a Bitcoin Mining Pool?

Imagine, for a moment, you have been hired to destroy a shed and haul off the debris. You could strike out on your own with a sledgehammer and a crowbar, drag all that wood into the back of a truck, and drive it to the dump. Wouldn’t it be more […]

What Is a Dapp?

What Is a Dapp?

In altcoin jargon, you may have heard or read about a “Dapp.” Short for “decentralized app,” it sounds more intimidating than it actually is. Decentralized apps are open-source, autonomous apps that live on blockchains. To understand decentralized apps, let’s start with the example of a “centralized” app. You’re using one, […]

Bitcoin vs. Stock Market: The Growing Correlation

Bitcoin vs. Stock Market: The Growing Correlation

After a sharp decline early in the week, bitcoin prices have stabilized around $8,000, and while plenty of market pundits provided supposed reasons for the recent selloff, the most likely explanation is that the market simply got too overheated at the end of 2017. Outside of the price action, there […]

What Is a Bitcoin Node and What Purpose Does It Serve?

What Is a Bitcoin Node and What Purpose Does It Serve?

A bitcoin node maintains the blockchain and helps ensure transactions are swift and coins are mined. To understand a bitcoin node, think of the difference between a car radio and a citizen’s band radio. With a car radio, you can only receive signals, hearing about accidents and traffic reports before […]