Round of Applause 👏 by Blockstreet — Volume 4, August 10, 2018
Curating the most clap-worthy blockchain-related Medium stories of the week
Ripple: not a cryptocurrency, David Gilbertson
The latest in his weekly series documenting his journey of delving into trading — David Gilbertson examines the intricacies of XRP, thinks about consensus methods, and checks in about his profits.
“It’s a little bit comical to watch someone get really worked up about one particular cryptocurrency that they don’t like, because it doesn’t fit with what they believe a cryptocurrency should be.
It’s like someone going shopping for a car and yelling at boats.”
Why It Is Time to Regulate Crypto Exchanges, Howard Marks
Pump and dump schemes are detrimental to the success of cryptocurrency, and there isn’t enough regulation in place to secure it from all the ongoing financial fraud. In this article, Howard Marks talks about where the regulation is, where it should be, and where it’s going.
“The real question is where is the SEC in this story? How can obvious crimes go unpunished and not be investigated? After all, if the FBI can find Ross Ulbricht, aka “Dread Pirate Roberts,” the head of the Silk Road drug marketplace, and put him behind bars for two lifetimes, surely the SEC can find the less sophisticated criminals behind pump and dumps.”
Intro to Cryptocurrency: Resources to Make You Crypto Fluent, Reza Jafery
Reza Jafery does a great job of breaking down cryptocurrency for beginners using analogies and providing helpful websites. This is a great resource for anyone trying to jump into the industry.
“Whenever someone asks me how to learn about blockchain or crypto in general, I tell them the exact same thing.
1. Read the Bitcoin white paper 10 times
2. Read the Ethereum white paper 10 times.”
An Overview of Privacy in Cryptocurrencies, Richard Chen
What is a private coin? Why is it a big deal? What are the current popular ones? If you’re curious about privacy and blockchain at all, this comprehensive article is a great place to start.
“Bitcoin was originally developed as a pseudonymous cryptocurrency that maintained privacy as long as real-world identities couldn’t be linked to Bitcoin addresses. Due to the public nature of the Bitcoin blockchain, however, it quickly became clear that it was possible to identify individuals based on usage patterns of certain addresses and transactions.”
Telegram Passport: An Early Self-Sovereign Identity Solution, Shaan Ray
Telegram is a very popular platform for the cryptocurrency community, and they’ve recently implemented a new feature called the Telegram Passport. In this article, Shaan dives into its features and how it’s just a cool piece that contributes to Telegram’s vision as a team.
“With the introduction of Passport, Telegram has established itself as an early mover in full-service digital and self-sovereign identity solutions.”
Round of Applause is written weekly by David Fan of BlockstreetHQ.
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