CNet.com

For most people, cryptocurrencies have mainly negative associations — words like scam and bubble often come to mind. The reason for this is that the coverage of cryptocurrencies by the mainstream media has largely been negative — not without reason. Many high profile investors and members of the tech community have also been critical of cryptocurrencies.

Warren Buffet, famed investor and third richest man in the world, has referred to Bitcoin as “rat poison squared”, while Bill Gates has stated that he would bet against Bitcoin if he could.

While there are lots of great projects being built in the…


https://www.cryptonewsz.com/wp-content/uploads/2019/06/Facebook-Libra.jpg

What is Libra?

Libra is the cryptocurrency and blockchain currently being developed by Facebook, which is scheduled to launch in 2020. Users will be able to purchase Libra, which they can send to friends or use to purchase items from participating companies.

If Bitcoin is digital gold, then Libra is the digital dollar.

Unlike most cryptocurrencies which are incredibly volatile, Libra’s value will be backed by the Libra Reserve. Every time new Libras are purchased, the value of those tokens will be held in the Libra Reserve with equivalent, low risk investments. …


By Ethan Sidelsky on ALTCOIN MAGAZINE

Ethereum has the potential to revolutionize the way we transfer money and data as a platform for smart contracts and dApps. If this does happen, the value of Ethereum will skyrocket.


https://i.redd.it/m87tz1bff1g01.png

Ethereum has the potential to revolutionize the way we transfer money and data as a platform for smart contracts and dApps. If this does happen, the value of Ethereum will sky rocket.

Smart contracts are programs that automate the transfer of information and currency. Complex smart contracts can be used to create decentralized applications. To learn more about smart contracts and dApps check out this article:

However, this is far from a certainty. Many questions remain as to whether or not any dApps will become mainstream. Additionally, there are a number of new competitors challenging Ethereum, known as the Ethereum…


By Ethan Sidelsky on ALTCOIN MAGAZINE

Ethereum was created in 2015 by Vitalik Buterin to empower users to build their own applications on the blockchain. It is now both the second most well known cryptocurrency and the second most valuable, behind Bitcoin. While Ethereum is often associated with Bitcoin, it is actually quite different. Bitcoin is essentially a platform for online payments. In contrast, Ethereum is a platform for smart contracts. Smart contracts are a type of computer code that can automate the transfer of money, shares, and information. For example, a smart contract could be created to automatically pay someone every time they write a…


What is Ethereum?

https://medium.com/bethereum/ethereum-consensus-and-scalability-blockchain-series-part-iii-4acd78d0eb41

Ethereum was created in 2015 by Vitalik Buterin to empower users to build their own applications on the blockchain. It is now both the second most well known cryptocurrency and the second most valuable, behind Bitcoin. While Ethereum is often associated with Bitcoin, it is actually quite different. Bitcoin is essentially a platform for online payments. In contrast, Ethereum is a platform for smart contracts. Smart contracts are a type of computer code that can automate the transfer of money, shares, and information. For example, a smart contract could be created to automatically pay someone every time…


xbt.net

Privacy coins are a type of cryptocurrency that take Bitcoin’s anonymity and privacy to the next level. With Bitcoin, every transaction is technically anonymous as there are no names involved. Instead, every payment is recorded with a user’s public key, which is a random mix of numbers and letters. However, it is still possible to figure out who the owner of a certain public key is because a name and bank account are required to transfer Bitcoin into traditional currencies. Since every Bitcoin transaction is recorded on a public database, once you know someone’s public key, you can then track…


https://applicature.com/blog/blockchain-startups/smart-contracts-legal

After the rise of Bitcoin, many new cryptocurrencies were created. The second most popular crypto at the moment — Ethereum (ETH) — was inspired by Bitcoin, but with one main difference: Smart Contracts. ‘Smart Contracts’ are meant to be like normal contracts, except they are online and automated. They are stored on the blockchain which makes it impossible for the contract to be tampered with after it is created. The money involved in the contract can easily be transferred using cryptocurrencies.

An example use of a smart contract goes as follows.

Alice wants to pay Bob to build a new…


ICOs are a new way for companies to raise money. Instead of going to a bank for a loan which they will have to repay, or giving up partial ownership to a Venture Capital firm for money, startups can create their own cryptocurrency token, which they sell either to the general public or to accredited investors. Users who purchase ICO tokens do not get ownership of the company like with stocks. Instead, they hope that the value of the token will go up as more people start using it.

How it Works

For an example, let’s look at Filecoin.

Filecoin…


CNet.com

For most people, cryptocurrencies have mainly negative associations — words like scam and bubble often come to mind. The reason for this is that the coverage of cryptocurrencies by the mainstream media has largely been negative — not without reason. Many high profile investors and members of the tech community have also been critical of cryptocurrencies.

Warren Buffet, famed investor and third richest man in the world, has referred to Bitcoin as “rat poison squared”, while Bill Gates has stated that he would bet against Bitcoin if he could.

While there are lots of great projects being built in the…

Ethan Sidelsky

Duke University Class of 2023. I am an aspiring Venture Capitalist with an interest in blockchain. Check out my blog On the Block to learn with me!

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