WILL a Democrat win America’s next presidential election? Will Tesla file for bankruptcy by the end of 2019? Punters now have a new option for such bets: Augur, an online prediction market. Whether it takes off will be a gauge of the viability not only of such markets but of decentralised applications built on blockchains, […]
Tag: Blockchains
Beyond Ethereum: The battle to own blockchain’s ‘layer two’
GUEST: Ethereum — as the current incumbent among general-purpose permissionless blockchains — has to date offered the best resources, tooling, and incentives for developers to build on top of its protocol. These “layer-two” projects combine off-chain software with some number of smart contracts (which may include a native ERC20 toke…Read More
The Ethereal Summit Shows Blockchain’s Transformative Potential
The best and worst of the blockchain were on display at last weekend’s Ethereal Summit. https://media.wired.com/photos/5af635885ac000049ee8c7e5/master/pass/CryptoBrooklyn-669476860-%5BConverted%5D.jpg
Blockchain’s big potential in Africa
GUEST: At the beginning of March, some of the brightest minds from the blockchain world joined representatives from the financial, legal, and global technology industries to discuss widespread blockchain adoption. But the event wasn’t held in fintech hub London, or startup mecca San Francisco. It was in Johannesburg, South Africa, at the fourth edi…Read More
Blockchains aren’t just tech, they’re new economic systems
GUEST: Forget for a moment about the value of the cryptocurrencies that you may or may not own. Instead of thinking of blockchains as investment bets or just cool technology, think of them as entirely new, and previously impossible, economic systems. Because that’s what they are. Just like any economy, a blockchain requires that its […]
Riot Blockchain’s CEO is pushing back against critics and trying to convince the world his company is serious about crypto (RIOT)
LinkedIn Riot Blockchain, one of the first companies to pivot to blockchain and see its stock skyrocket, has been accused of fraud. In an interview with Business Insider, CEO John O’Rourke denied the accusations and outlined Riot’s plan to fully realize its pivot to cryptocurrencies. When Bioptix, a biotechnology equipment maker, announced in October it […]
The cryptoeconomics of scaling blockchains
GUEST: In the first half of 2017, tech startups raised more money through ICOs (initial coin offerings) than VC investments worldwide combined. It took the Bitcoin blockchain network nine years to grow to $ 70 billion valuation; the Ethereum blockchain network took three years to reach $ 30 billion, a growth rate and size on […]
The Fervor Around Blockchains Explained in Two Minutes
Investors, banks, and governments are all experimenting with blockchain technology inspired by Bitcoin. https://media.wired.com/photos/59ea2b4306a2232e82ba9c46/master/pass/blocks-FA.jpg Feed: All Latest
Social-good innovators bet on blockchains to solve big problems
GUEST: With Bitcoin shrugging off a “civil war” to surge almost 400 percent in 12 months while giant cryptocurrency crowd-sales are creating instant millionaires almost daily, it’s tempting to think that blockchain technology’s only contribution to society is as a dubious get-rich-quick tool. But this misses the great potential that blockchains and digital assets pose for social good. […]
Bitcoin avoids split into two blockchains
(Reuters) — Digital currency bitcoin on Friday averted a split into two currencies after its network supported an upgrade to its software that would enhance its ability to process an increasing number of transactions. Bitcoin’s miners have signaled their support for the so-called Bitcoin Improvement Proposal (BIP) 91, avoiding a split of bitcoin into two […]