In any market, there is, at first, a dominant leader. AT&T controlled telephones and long distance for decades. Ford was the first name in cars when the assembly line appeared. Kleenex was so common it lost its right to be a brand name. The same is true of bitcoin. When […]
Imagine this for a moment. Your bank calls you along with everyone who has an account into the branch because bank officials want to discuss the rules of making deposits and withdrawals from the bank, or the interest rates, or any other institutional change. It is an enormous, heated discussion, […]
Any form of currency has the smallest unit, like the humble penny in U.S. currency. Some currencies have a more complex method of divvying themselves up than others, but, at root, there is that smallest unit, that little enabler of transactions that winds up in “leave a penny, take a […]
FOMO and FUD are two sides of the same coin. FOMO is short for “Fear Of Missing Out,” while FUD means “Fear, Uncertainty, and Doubt.” The difference is where you stand. FOMO is from the outside, while FUD is from within. You experience FOMO when an altcoin goes up in […]
Bitcoin’s Lightning Network took a giant leap forward this week with the beta release of Lightning Labs’s Lightning Network Daemon (LND). With this software, developers now have the tools to create Lightning apps (lapps) for the average bitcoin user. The release also marks the true beginning of the development of […]
Everything in our lives that performs work is measured in units of work over time. Cars travel in miles per hour. Your fitness tracker measures your heart’s beats per minute. The same is true of altcoins and their “hash power.” Hash power, despite sounding like a diner special, is really […]
When bitcoin first appeared on the scene in 2009, it was mined using the CPU (central processing unit) in any basic computer. That lasted for a couple years until miners learned how to use the more powerful GPU (graphics processing unit). While it is still possible to mine altcoins with […]
The Quick Pitch Birdchain is a decentralized instant messaging application for Android. It aims to give users an opportunity to earn extra income by selling their unused SMS messages, watching promotional videos, and monetizing their personal data. Personal data is already being used by such companies as Google and Facebook. […]
Imagine, for a moment, that you have a business buying and selling gold bars. Anybody can just walk in off the street and grab a troy ounce if they feel like it. Obviously, you want to keep the product in stock, but you are keenly aware there is a good […]
The Quick Pitch Zipper is a mobile phone e-wallet. It centralizes cryptocurrency storage and transactions so that users can manage their tokens and their related online identity from their phones. The company is currently holding a private offering. The public coin offering has been delayed. If it begins, Zipper will […]
