As a concept, the blockchain is simple. It is a big ledger, and each entry on that ledger, a block, is the foundation for the next block. That is how it is supposed to work in theory. In reality, however, sometimes there are blocks that never get built upon, and […]
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 […]
“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 […]
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 […]
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 […]
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 […]
It is easy to forget, amid the hype around altcoins as investments, that they are also programs, and you can run programs on top of programs. That opens the door to some fascinating functions, such as the ERC-20 token. Think of ERC-20 like a contract that meets a specific set […]
There is no sign of trust in business greater, or more risky, than the handshake deal. With nothing on paper, no documentation, and no real commitment, both parties are gambling that the other party will do right by them. It can be a wonderful thing or it can be a […]
Money runs the world, and that includes the dark side of the world. Since 2001, world governments have focused on finding the sources of financing for terrorists and organized criminals and shutting them down. However, it is not just governments expected to go along with these rules; it is financial […]
Everyone craves instant gratification and has become accustomed to going to an ATM to get instant cash or simply opening an app and transferring money to personal accounts instantly. Gone are the days when you had to arrange your schedule around banker’s hours, balance your checkbook manually, keep track of […]
