In my previous post, I covered the governance implications of Bitcoin. This post delves into the underlying technology behind Bitcoin — blockchain. Almost everybody agrees blockchain is the real game-changing innovation that enabled Bitcoin’s success. However, these are still early days for the technology. Apart from Bitcoin, most blockchain projects have yet to survive the proof-of-... Read More
Bitcoin is a decentralized digital currency. It allows individuals to digitally generate currency through ‘mining’ — a process that leverages the individual’s computational power to solve algorithms (a short video summarizing ‘mining’ can be viewed here). ‘Miners’ are rewarded for their solutions with coins that can be used in a... Read More