October the 31st, 2008 - White Paper 'Bitcoin: A Peer-to-Peer Electronic Cash System' was a white paper released under the pseudonym of 'Satoshi Nakamoto'. This white paper outlined the functionalities of what would become the Bitcoin blockchain network. This was the first digital currency attempt that solved the double spend problem, this issue had stopped... Continue Reading →
Stablecoins – What do they mean for crypto?
Stablecoins are one answer to the price instability of crypto-currencies. Whilst of course being much more than just this, stablecoins offer an on-boarding ramp for many who are worried about the drastic price instability of crypto-currencies. Stable is a relative term, to be stable you need to have something to compare against. As a result... Continue Reading →
ERC-20, ERC-721 and other Ethereum standards
ERCs are attempts to formalise specific blockchain use cases, using Ethereum Smart Contracts. Notable examples of these standards are fungible (ERC-20) and non-fungible tokens (ERC-721). Through this short article I will explain the difference between the main ERC tokens and why these standards are useful. ERC means Ethereum Request for Comment and is a way... Continue Reading →
Shortest Blockchain ‘Proof-of’ systems explanation
Proof of Work (PoW) When transactions are initiated by a user, 'miners' or supercomputers try to solve a problem or puzzle to verify it. This 'work' is rewarded with the native crypto. This transaction is then a part of the next block which will be added to the chain. Proof of Stake (PoS) A user... Continue Reading →
Crypto Price Split
Currently most of the crypto prices clearly follow Bitcoin, this will not persist. As many have noticed and commented on, the price of most alt-coins are still very much pegged to the price of Bitcoin. A short look at the graphs on trading sites such as https://coinmarketcap.com/ shows how apparent this is. This is due... Continue Reading →
