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Tag Archives: cryptocurrencies
The Merge
Earlier this month, a major event happened in the cryptocurrency space called the ‘Merge’. In this event, the ethereum blockchain changed the way it achieves consensus – from using a proof-of-work mechanism to a proof-of-stake mechanism. A blockchain is a … Continue reading
The problem that ‘crypto’ actually solves
And why that makes cryptocurrencies hard to beat. Continue reading
Posted in Analysis, Tech
Tagged Coinbase, Coinbase Tracer, cryptocurrencies, decentralisation, DeFi
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To be better at being anti-crypto
Molly White has a difficult read, one that I’m forced to agree with in spite of my vehemently anti-cryptocurrency position. Three representative paragraphs from her post: I … think that [cryptocurrency-based financial solutions] are enormously attractive to people who see them … Continue reading
Posted in Op-eds, Tech
Tagged cryptocurrencies, Molly White, NFT, upper caste, upper class
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Art is something for cryptocurrencies to con
Cryptocurrencies have emerged as a way to fund art, and therefore supposedly support artists, using the Trojan horse of NFTs. Continue reading
Posted in Analysis, Culture
Tagged art trading, cryptocurrencies, NFT, non-fungible tokens, Yakov Golyadkin
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If WordPress supports NFTs, should I boycott it?
“I make use of the tools available to me. That doesn’t mean I have to applaud every advance in the field.” Continue reading
Posted in Tech
Tagged blockchain, cryptocurrencies, NFT, non-fungible tokens, web3, WordPress
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Crypto: Climate change means new tech has less time today to prove itself
I spent this weekend reading about permissioned and permissionless blockchain systems. If you want to get in on it, I can’t recommend this post by David Rosenthal enough. Much of the complexity of executing transactions of the major extant cryptocurrencies, including bitcoin … Continue reading
Posted in Analysis, Tech
Tagged Big Tech, Bitcoin, blockchain, carbon dioxide concentration, carbon emissions, cryptocurrencies, David Rosenthal, decentralisation, Ethereum, Molly White, non-fungible tokens, proof of work, web2, web3
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The foolishness of a carbon-negative blockchain
With the experience of ‘fortress conservation’, poor implementation of the Forest Rights Act and the CAMPA philosophy in India, it’s hard not to think that the idea of carbon offsets is stupid. This mode of ‘climate action’ has been most … Continue reading