Image for post
Image for post

Investing in cryptocurrency is one of many options for investing your money today. In fact, it’s pretty hard to avoid hearing about the crypto market and its opportunities. Still, all this buzz doesn’t mean it’s the safest way to invest your money; it’s just an option.

Last week, I was completely knocked out by a friend’s reaction when I simply asked, “How much do you have in your bitcoin wallet?” He suddenly wore a disdainful look. What happened? He replied, “It’s a long story. …


Image for post
Image for post

During the Year of the Pig, China’s approach to crypto really began to take shape. In our Chinese New Year Special, Da Bing explains it all for you.

The Year of the Pig, which ended yesterday, was also the end of the twelve-year cycle of Chinese zodiac signs. The new cycle starts today with the Year of the Rat.

In Chinese culture, pigs are the symbol of wealth, from their chubby, well-fed faces to their big ears. …


Image for post
Image for post

When Bitcoin arrived in 2009, people were fascinated by the concept of cryptocurrencies and the brave new world they seemed to herald. However, it soon became apparent that digital coins were not a universal favorite: their success has been mixed, and mainstream adoption remains elusive.

On the other hand, blockchain — the technology underpinning cryptocurrencies — has come to be regarded as one of the greatest innovations of the digital age. …


Image for post
Image for post

The scalability problem within blockchain has seen the rise of layer 2 solutions that seek to solve a variety of scalability issues that exist within layer 1 blockchain platforms today. Take the payments area as an example, today it’s clear that if decentralized blockchain platforms are to compete against their centralized peers like Visa and PayPal, they need to work on increasing the number of transactions per second (TPS) they can handle.

Layer 2 solutions exist on top of blockchains and aim to solve a variety of scalability issues, including scaling smart contracts, payments, and off-chain computation. …


Image for post
Image for post

While it’s true that the media hype over blockchain, bitcoins, and distributed ledgers has died down, organizations continued to invest in research, development, and deployment of these technologies throughout 2019. This year will almost certainly be no different — Gartner analysts have once again highlighted blockchain as one of their top 10 technology trends for the coming year.

Don’t fall into the trap of thinking that blockchain and distributed ledger technology is yesterday’s news. In fact, it’s still very much in its infancy — only a relatively small number of organizations have achieved a sufficient level of maturity in their digital operations that they are in a position to successfully leverage it. …


Image for post
Image for post

Blockchain, over the years, has gained a lot of popularity, and rightfully so, because it can be decentralised and the data is cryptographically stored where no one can touch whats inside it. Blockchain is a revolution in digital ownership and digital privacy, which will eventually become a part of our daily lives. Many companies like Facebook and WhatsApp are already implementing blockchain to safeguard the way their users exchange money.

Banking and investing probably make the most out of the blockchain technology than any other sectors. …


Image for post
Image for post

While the altcoin market has existed for nearly a decade, the only cryptocurrency that finds itself sometimes mentioned in the same league as Bitcoin is Ethereum. In fact, there was a large amount of hype surrounding the potential for Ethereum to overtake Bitcoin as the largest and most popular crypto asset on the market back in 2016. However, the Ethereum price has fallen quite considerably against Bitcoin since that time.

There are a number of reasons to believe that Bitcoin will remain king of the cryptocurrency market, whether based on technical innovations or simple network effects. …


Image for post
Image for post

There is an abundance of new and existing crypto tokens, coins crypto wallets, service providers and decentralized financial instruments powered by blockchain.

More wallets, exchanges, tokens and coins means more assets to track for businesses, institutions and investors. When referencing CoinMarketCap, there is more than two-thousand listed cryptocurrencies worth a combined market cap of almost value of $200 billion USD. With thousands of coins in existence across the globe, and for investors that may own hundreds of cryptocurrencies, tracking and managing assets comes with great difficulty.

The difficulties multiply when investors have crypto stored on hardware or software-based wallets. Moreover, because crypto can be bought, stores and transacted in so many different networks and blockchains, tracking across portfolios, wallets and crypto exchanges requires meticulous organization and monitoring. …


Image for post
Image for post

Blockchain could help streamline and modernize copyright processes, protecting artists from pirates. Here’s a look at how and who’s behind it.

Comic fans got an unexpected gift in mid-December when cartoonist Gary Larson announced that The Far Side — his popular newspaper comic strip that ran from 1980–1994 — would finally be officially available online, along with new content.

Larson long resisted the allure of the internet due to concerns over the use of his work, asking fan websites not to share his strips in a late-90s letter written in response to “unauthorized” reproductions. …


Image for post
Image for post

The blockchain and crypto community is ringing in the new year to a level of legislative and regulatory attention that would have been hard to predict a year ago.

On one level, this is unsurprising when many predicted that crypto was dead a year ago following an 85% decline in the price of bitcoin from its 2017 peak. With Christmas 2018 headlines such as “Rhymes with Bitcoin: Has Crypto Hit the Fan?”, the revealed wisdom was that crypto was either dead, or destined to be a minor financial footnote. What a difference a year makes.

Since this time last year, Facebook launched the Libra project, which attracted the attention of politicians and central bankers the world over. Fidelity Investments announced a series of new crypto initiatives. The US Federal Reserve Board revealed that it is working on a crypto-like project known as “central bank digital currency.” More than 200 new crypto projects were launched by technologists both in the US and abroad. And the price of bitcoin rose 300% off its floor before settling in at an average price that is still more than double the late-2018 low. The lesson? We may be in the early innings of crypto, but there is a major league game ahead and this game needs rules. …

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store