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July 12th, 2019 by DSholla
The Cannabis industry shares a lot with Bitcoin. It is growing fast under a clouded regulatory position. While at a state level Bitcoin has been legalised either for recreational or medicinal purposes across the majority of the country, it is still illegal at a federal level which has led to problems acquiring banking services for those operating in the industry.Read More
Benjamin Franklin started printing paper money in 1726, making him arguably, the Bitcoin miner of his time.Read More
Chain Reaction - Harmony's Nick White: Mainnet Launch Is The First Step Towards Full Proof-of-Stake and Sharding
Harmony is described as a fast and secure blockchain and it leverages a lot of newer tech such as Proof of Stake, Sharding and cross shard communications, granted not all of this tech is fully launched yet.Read More
I speak with Blocknet's co-founder Arlyn Culwick on how their cross-chain protocol works, and why Blocknet takes a Layer 2 approach (instead of Polkadot/Cosmos' Layer 1) to interoperability. We discuss:
- Arlyn's concerns with Polkadot and Cosmos
- Why Blocknet focuses on L2 for inteoperability instead of L1
- How Blocknet connects Bitcoin and Ethereum
July 9th, 2019 by DSholla
Scaling has been a constant thorn in the side of Bitcoin. Solutions for scaling has led to a civil war, multiple forks and is the centre of many arguments on Reddit and Twitter.
The Bitcoin blockchain is currently around 230GB and syncing the blockchain can take multiple days. This is just one of the barriers which may put people off running the software, but what if you could run it on your phone? That is exactly what Tadge is trying to achieve with Utreexo. By not worrying about the full history of the blockchain and only concentrating on data that is relevant to you this may be the solution for the ever increasing size of the data.Read More
In this episode, Dave discusses the new Financial Action Task Force (FATF) guidelines with Amsterdam-based regulatory consultant Simon Lelieveldt, who argues that these guidelines have gone way too far and are disproportionate, technically unsound and uneconomic. At the crux of this topic is the difference between how Facebook's Libra will accept regulation versus advocacy for online privacy by many in the Bitcoin community.
[Despite Industry Pushback, G20 M...Read More
“If Libra takes off we get a billion new crypto users that will eventually migrate somewhat into Bitcoin and grow the whole ecosystem. If Libra gets shut down… boom! Now we know why Bitcoin is so powerful as a global reserve currency.” — Brad StephensRead More
Jeopardy host Alex Trebek offered the answer “Bitcoin uses this technology as its transaction record.” The correct response, of course, was blockchain, the distributed ledger technology most cryptos are built on and was created by Satoshi Nakamoto alongside Bitcoin.Read More