Tag: cryptocurrencies
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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 spreadsheet that maintains a record of all the transactions between users using the same blockchain.…
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The problem that ‘crypto’ actually solves
And why that makes cryptocurrencies hard to beat.
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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 as a tangible option in a world where these problems are not being solved—where we…
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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.
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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.”
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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 and ether, arises from the need for these systems to ensure they are permissionless from…