BTC chart lookin' spicy 👀👀👀
BTC chart lookin' spicy 👀👀👀
A Kademlia-inspired modification of Dandelion for use in Grin.
We all stood, gathered our things, walked down the cafe stairs and out to the dark and bustling Berlin street.
After a few goodbyes and handshakes, everyone headed off in different directions, for different destinations.
The meeting had felt momentous to me, a marker of strange and interesting times to come. I headed to the U-Bahn, alone.
The Lightning Network has the potential to greatly improve cryptocurrency exchanges.
Lighting Network payment channels could be established between users and exchanges to speed the transfer of funds.
This would be a huge boon, moving many on-chain deposit and withdrawal transactions off-chain, but is possibly only the beginning.
Since Lightning Network payments can span different blockchains, an exchange could use a cross-chain Lightning node to expose its internal order book to external entities.
IOTA is a cryptocurrency targeting the internet of things. It purports to be scalable, decentralized, and feeless. Unfortunately it is none of those things.
In this article I attempt to summarize the numerous technical, social, and ethical problems surrounding the IOTA project, The IOTA Foundation, and the IOTA developers.
Investing in cryptocurrencies is not the same as buying simple equity in a company.
Although each company has a different business model, they and the equity they issue are largely structurally homogeneous. They hold their monies in banks, pay for their expenses with wire transfers and cheques, follow prescribed rules of accounting, and issue stock that operates according to well understood rules. This is not to say that said practices are good or bad. They are simply a known factor.
Cryptocurrencies and tokens, however, are structurally heterogeneous. They have different codebases, modes of operation, levels of complexity, and security models. Although broadly lumped into the same category, they can, by the nature of these differences, have almost nothing in common.
Investing in one is like buying stock in a company with novel business models, banking practices, and accounting methods, and furthermore whose stock is issued under a bespoke scheme and follows unique trading rules.
Accordingly, a much, much greater level of care is required when making such investments. If any one of these novel mechanisms fail, your investment may go up in billowing smoke and flames overnight.
This is not to say that you should completely avoid cryptocurrencies and tokens, just, you know, do your homework.